Wells Fargo 2012 Annual Report Download - page 39

Table 4: Average Earning Assets and Funding Sources as a Percentage of Average Earning Assets
Year ended December 31,
2012 2011
% 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 $ 84,081 7 % $ 87,186 8 %
Trading assets 41,950 4 39,737 4
Securities available for sale:
Securities of U.S. Treasur
y
and federal a
g
encies 3,604 - 5,503 -
Securities of U.S. states and political subdivisions 34,875 3 24,035 2
Mortgage-backed securities:
Federal agencies 92,887 8 74,665 7
Residential and commercial 33,545 3 31,902 3
Total mortgage-backed securities 126,432 11 106,567 10
Other debt and equity securities 49,245 4 38,625 4
Total securities available for sale 214,156 18 174,730 16
Mortgages held for sale (1) 48,955 4 37,232 3
Loans held for sale (1) 661 - 1,104 -
Loans:
Commercial:
Commercial and industrial 173,913 15 157,608 15
Real estate mortgage 105,437 9 102,236 9
Real estate construction 17,963 2 21,592 2
Lease financing 12,771 1 12,944 1
Foreign 39,852 4 36,768 3
Total commercial 349,936 31 331,148 30
Consumer:
Real estate 1-4 family first mortgage 234,619 20 226,980 21
Real estate 1-4 family junior lien mortgage 80,840 7 90,705 8
Credit card 22,772 2 21,463 2
Other revolving credit and installment 87,057 7 86,848 8
Total consumer 425,288 36 425,996 39
Total loans (1) 775,224 67 757,144 69
Other 4,438 - 4,929 -
Total earning assets $ 1,169,465 100 % $ 1,102,062 100 %
Funding sources
Deposits:
Interest-bearing checking $ 30,564 3 % $ 47,705 4 %
Market rate and other savings 505,310 43 464,450 42
Savings certificates 59,484 5 69,711 6
Other time deposits 13,363 1 13,126 1
Deposits in foreign offices 67,920 6 61,566 6
Total interest-bearing deposits 676,641 58 656,558 59
Short-term borrowings 51,196 4 51,781 5
Long-term debt 127,547 11 141,079 13
Other liabilities 10,032 1 10,955 1
Total interest-bearing liabilities 865,416 74 860,373 78
Portion of noninterest-bearing funding sources 304,049 26 241,689 22
Total funding sources $ 1,169,465 100 % $ 1,102,062 100 %
Noninterest-earning assets
Cash and due from banks $ 16,303 17,388
Goodwill 25,417 24,904
Other 130,450 125,911
Total noninterest-earning assets $ 172,170 168,203
Noninterest-bearing funding sources
Deposits $ 263,863 215,242
Other liabilities 61,214 57,399
Total equity 151,142 137,251
Noninterest-bearing funding sources used to fund earning assets (304,049) (241,689)
Net noninterest-bearing funding sources $ 172,170 168,203
Total assets $ 1,341,635 1,270,265
(1) Nonaccrual loans are included in their respective loan categories.
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