Wells Fargo 2014 Annual Report Download - page 106

13.6
Capital Management (continued)
Table 60: Analysis of Changes in Capital Under Basel III (General Approach)
(in billions)
Common Equity Tier 1 at December 31, 2013 $ 123.5
Net income 21.8
Common stock dividends (7.1)
Common stock issued, repurchased, and stock compensation-related items (5.4)
Goodwill and other intangible assets (net of any associated deferred tax liabilities) 3.3
Other 1.0
Change in Common Equity Tier 1
Common Equity Tier 1 at December 31, 2014 $ 137.1
Tier 1 capital at December 31, 2013 $ 140.7
Change in Common Equity Tier 1 13.6
Issuance of noncumulative perpetual preferred 2.8
Other (2.4)
Change in Tier 1 capital
Tier 1 capital at December 31, 2014 (A) $ 154.7
Tier 2 capital at December 31, 2013 $ 35.5
Change in long-term debt and other instruments qualifying as Tier 2 4.5
Change in qualifying allowance for credit losses (1.1)
Other (0.7)
Change in Tier 2 capital
Tier 2 capital at December 31, 2014 (B)
Total qualifying capital (A) + (B) $ 192.9
Table 61 presents information on the components of RWAs 2014 were determined under Basel I, and RWAs in 2014 reflect
included within our regulatory capital ratios. RWAs prior to the transition to Basel III (General Approach).
Table 61: RWAs
Under Basel III
(General Under
Approach) (1) Basel I
Dec 31, Dec 31,
(in millions) 2014
On-balance sheet RWAs
Investment securities $ 85,501 93,445
Securities financing transactions (1) 12,369 10,385
Loans (2) 726,008 680,953
Market risk (3) 49,613 36,339
Other 112,619 91,788
Total on-balance sheet RWAs 986,110 912,910
Off-balance sheet RWAs
Commitments and guarantees (4) 218,884 199,197
Derivatives 10,314 10,545
Other 27,237 18,862
Total off-balance sheet RWAs 256,435 228,604
Total RWAs $ 1,242,545 1,141,514
(1) Represents federal funds sold and securities purchased under resale agreements.
(2) Represents loans held for sale and loans held for investment.
(3) Represents regulatory ‘covered’ positions within trading assets and liabilities.
(4) Primarily includes financial standby letters of credit and other unused commitments.
14.0
2.7
38.2
2013
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