Wells Fargo 2014 Annual Report Download - page 173
Download and view the complete annual report
Please find page 173 of the 2014 Wells Fargo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163 -
164 -
165 -
166 -
167 -
168 -
169 -
170 -
171 -
172 -
173 -
174 -
175 -
176 -
177 -
178 -
179 -
180 -
181 -
182 -
183 -
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
-
237
-
238
-
239
-
240
-
241
-
242
-
243
-
244
-
245
-
246
-
247
-
248
-
249
-
250
-
251
-
252
-
253
-
254
-
255
-
256
-
257
-
258
-
259
-
260
-
261
-
262
-
263
-
264
-
265
-
266
-
267
-
268
 |
 |
2012
Commitments to lend additional funds on loans whose The following tables provide the average recorded
terms have been modified in a TDR amounted to $341 million investment in impaired loans and the amount of interest income
and $407 million at December 31, 2014 and 2013, respectively. recognized on impaired loans by portfolio segment and class.
Year ended December 31,
2014 2013
Average Recognized Average Recognized Average Recognized
recorded interest recorded interest recorded interest
(in millions) investment income investment income investment income
Commercial:
Commercial and industrial $ 1,089 77 1,508 94 2,317 112
Real estate mortgage 2,924 150 3,842 141 4,821 119
Real estate construction 457 39 966 35 1,818 61
Lease financing 28 — 38 1 57 1
Total commercial 4,498 266 6,354 271 9,013
Consumer:
Real estate 1-4 family first mortgage 19,086 934 19,419 973 15,750 803
Real estate 1-4 family junior lien mortgage 2,547 142 2,498 143 2,193 80
Credit card 381 46 480 57 572 63
Automobile 154 18 232 29 299 42
Other revolving credit and installment 39 4 30 3 25 2
Total consumer 22,207 1,144 22,659 1,205 18,839
Total impaired loans (excluding PCI) $ 26,705 1,410 29,013 1,476 27,852 1,283
Year ended December 31,
(in millions) 2014 2013 2012
Average recorded investment in impaired loans $ 26,705 29,013 27,852
Interest income:
Cash basis of accounting $ 435 426 316
Other (1) 975 1,050 967
Total interest income $ 1,410 1,476 1,283
(1) Includes interest recognized on accruing TDRs, interest recognized related to certain impaired loans which have an allowance calculated using discounting, and amortization
of purchase accounting adjustments related to certain impaired loans. See footnote 1 to the table of changes in the allowance for credit losses.
293
990
171