Wells Fargo 2011 Annual Report Download - page 35

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Table 4: Average Earning Assets and Funding Sources as a Percentage of Average Earning Assets
Year ended December 31,
2011
2010
% of
% of
Average
earning
Average
earning
(in millions)
balance
assets
balance
assets
Earning assets
Federal funds sold, securities purchased under
resale agreements and other short-term investments
$
87,186
8
%
$
62,961
6
%
Trading assets
39,737
4
29,920
3
Debt securities available for sale:
Securities of U.S. Treasury and federal agencies
5,503
-
1,870
-
Securities of U.S. states and political subdivisions
24,035
2
16,089
2
Mortgage-backed securities:
Federal agencies
74,665
7
71,953
7
Residential and commercial
31,902
3
31,815
3
Total mortgage-backed securities
106,567
10
103,768
10
Other debt securities (1)
38,625
4
32,611
3
Total debt securities available for sale (1)
174,730
16
154,338
15
Mortgages held for sale (2)
37,232
3
36,716
3
Loans held for sale (2)
1,104
-
3,773
-
Loans:
Commercial:
Commercial and industrial
157,608
15
149,576
14
Real estate mortgage
102,236
9
98,497
9
Real estate construction
21,592
2
31,286
3
Lease financing
12,944
1
13,451
1
Foreign
36,768
3
29,726
3
Total commercial
331,148
30
322,536
30
Consumer:
Real estate 1-4 family first mortgage
226,980
21
235,568
22
Real estate 1-4 family junior lien mortgage
90,705
8
101,537
10
Credit card
21,463
2
22,375
2
Other revolving credit and installment
86,848
8
88,585
8
Total consumer
425,996
39
448,065
42
Total loans (2)
757,144
69
770,601
72
Other
4,929
-
5,849
1
Total earning assets
$
1,102,062
100
%
$
1,064,158
100
%
Funding sources
Deposits:
Interest-bearing checking
$
47,705
4
%
$
60,941
6
%
Market rate and other savings
464,450
42
416,877
39
Savings certificates
69,711
6
87,133
8
Other time deposits
13,126
1
14,654
1
Deposits in foreign offices
61,566
6
55,097
5
Total interest-bearing deposits
656,558
59
634,702
59
Short-term borrowings
51,781
5
46,824
4
Long-term debt
141,079
13
185,426
18
Other liabilities
10,955
1
6,863
1
Total interest-bearing liabilities
860,373
78
873,815
82
Portion of noninterest-bearing funding sources
241,689
22
190,343
18
Total funding sources
$
1,102,062
100
%
$
1,064,158
100
%
Noninterest-earning assets
Cash and due from banks
$
17,388
17,618
Goodwill
24,904
24,824
Other
125,911
120,338
Total noninterest-earning assets
$
168,203
162,780
Noninterest-bearing funding sources
Deposits
$
215,242
183,008
Other liabilities
57,399
47,877
Total equity
137,251
122,238
Noninterest-bearing funding sources used to fund earning assets
(241,689)
(190,343)
Net noninterest-bearing funding sources
$
168,203
162,780
Total assets
$
1,270,265
1,226,938
(1)
Includes certain preferred securities.
(2)
Nonaccrual loans are included in their respective loan categories.
33