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Note 6: Loans and Allowance for Credit Losses
Table 6.1 presents total loans outstanding by portfolio segment
and class of financing receivable. Outstanding balances include a
total net reduction of $3.8 billion and $4.5 billion at
December 31, 2015 and 2014, respectively, for unearned income,
net deferred loan fees, and unamortized discounts and
premiums.
Table 6.1: Loans Outstanding
December 31,
(in millions)
Commercial:
2015 2014 2013 2012 2011
Commercial and industrial
Real estate mortgage
Real estate construction
Lease financing
Total commercial
$ 299,892
122,160
22,164
12,367
456,583
271,795
111,996
18,728
12,307
414,826
235,358
112,427
16,934
12,371
377,090
223,703
106,392
16,983
12,736
359,814
205,824
106,028
19,470
13,387
344,709
Consumer:
Real estate 1-4 family first mortgage
Real estate 1-4 family junior lien mortgage
Credit card
Automobile
Other revolving credit and installment
Total consumer
273,869
53,004
34,039
59,966
39,098
459,976
265,386
59,717
31,119
55,740
35,763
447,725
258,507
65,950
26,882
50,808
43,049
445,196
249,912
75,503
24,651
45,998
42,473
438,537
229,408
86,041
22,905
43,508
43,060
424,922
Total loans $ 916,559 862,551 822,286 798,351 769,631
Our foreign loans are reported by respective class of
financing receivable in the table above. Substantially all of our
foreign loan portfolio is commercial loans. Loans are classified
as foreign primarily based on whether the borrower’s primary
address is outside of the United States. Table 6.2 presents total
commercial foreign loans outstanding by class of financing
receivable.
Table 6.2: Commercial Foreign Loans Outstanding
December 31,
(in millions)
Commercial foreign loans:
Commercial and industrial
Real estate mortgage
Real estate construction
$
2015
49,049
8,350
444
2014
44,707
4,776
218
2013
41,547
5,328
187
2012
37,148
52
79
2011
38,609
53
88
Lease financing
Total commercial foreign loans $
274
58,117
336
50,037
338
47,400
312
37,591
269
39,019
Wells Fargo & Company
162