Wells Fargo 2005 Annual Report Download - page 82

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80
(in millions) December 31, 2005
Three months or less $45,763
After three months through six months 2,154
After six months through twelve months 5,867
After twelve months 2,339
Total $56,123
The total of time certificates of deposit and other time
deposits issued by domestic offices was $74,023 million
and $55,495 million at December 31, 2005 and 2004,
respectively. Substantially all of those deposits were
interest bearing. The contractual maturities of those
deposits were:
Note 10: Deposits
Of those deposits, the amount of time deposits with a
denomination of $100,000 or more was $56,123 million
and $41,851 million at December 31, 2005 and 2004,
respectively. The contractual maturities of these
deposits were:
(in millions) December 31, 2005
2006 $66,700
2007 3,886
2008 1,899
2009 769
2010 538
Thereafter 231
Total $74,023 Time certificates of deposit and other time deposits issued
by foreign offices with a denomination of $100,000 or more
represent the majority of all of our foreign deposit liabilities
of $14,621 million and $8,533 million at December 31, 2005
and 2004, respectively.
Demand deposit overdrafts of $618 million and $470 mil-
lion were included as loan balances at December 31, 2005
and 2004, respectively.
The table below shows selected information for short-term borrowings, which generally mature in less than 30 days.
Note 11: Short-Term Borrowings
(in millions) 2005 2004 2003
Amount Rate Amount Rate Amount Rate
As of December 31,
Commercial paper and other short-term borrowings $ 3,958 3.80% $ 6,225 2.40% $ 6,709 1.26%
Federal funds purchased and securities sold under
agreements to repurchase 19,934 3.99 15,737 2.04 17,950 .84
Total $23,892 3.96 $21,962 2.14 $24,659 .95
Year ended December 31,
Average daily balance
Commercial paper and other short-term borrowings $ 9,548 3.09% $10,010 1.56% $11,506 1.22%
Federal funds purchased and securities sold under
agreements to repurchase 14,526 3.09 16,120 1.22 18,392 .99
Total $24,074 3.09 $26,130 1.35 $29,898 1.08
Maximum month-end balance
Commercial paper and other short-term borrowings (1) $15,075 N/A $16,492 N/A $14,462 N/A
Federal funds purchased and securities sold under
agreements to repurchase (2) 22,315 N/A 22,117 N/A 24,132 N/A
N/A – Not applicable.
(1) Highest month-end balance in each of the last three years was in January 2005, July 2004 and January 2003.
(2) Highest month-end balance in each of the last three years was in August 2005, June 2004 and April 2003.