Wells Fargo 2013 Annual Report Download - page 39

Table 4: Average Earning Assets and Funding Sources as a Percentage of Average Earnings Assets
Year ended December 31,
2013 2012
(in millions)
Average
balance
% of
earning
assets
Averag
balance
% of
e earning
assets
Earning assets
Federal funds sold, securities purchased under resale agreements
and other short-term investments $ 154,902 12 % $ 84,081 7 %
Trading assets 44,745 4 41,950 4
Investment securities:
Available-for-sale securities:
Securities of U.S. Treasury and federal agencies 6,750 1 3,604 -
Securities of U.S. states and political subdivisions
Mortgage-backed securities:
39,922 3 34,875 3
Federal agencies 107,148 8 92,887 8
Residential and commercial 30,717 3 33,545 3
Total mortgage-backed securities 137,865 11 126,432 11
Other debt and equity securities 55,002 4 49,245 4
Total available-for-sale securities 239,539 19 214,156 18
Held-to-maturity securities 717 - - -
Mortgages held for sale (1) 35,273 3 48,955 4
Loans held for sale (1) 163 - 661 -
Loans:
Commercial:
Commercial and industrial 188,092 15 173,913 15
Real estate mortgage 105,475 8 105,437 9
Real estate construction 16,445 1 17,963 2
Lease financing 12,048 1 12,771 1
Foreign 43,447 3 39,852 4
Total commercial 365,507 28 349,936 31
Consumer:
Real estate 1-4 family first mortgage 254,000 20 234,619 20
Real estate 1-4 family junior lien mortgag 70,227 5 80,840 7
Credit card 24,747 2 22,772 2
Automobile 48,476 4 44,986 4
Other revolving credit and installment 42,035 3 42,071 3
Total consumer 439,485 34 425,288 36
Total loans (1) 804,992 62 775,224 67
Other 4,354 - 4,438 -
Total earning assets $ 1,284,685 100 % $ 1,169,465 100 %
Funding sources
Deposits:
Interest-bearing checking $ 35,570 3 % $ 30,564 3 %
Market rate and other savings 550,394 43 505,310 43
Savings certificates 49,510 4 59,484 5
Other time deposits 28,090 2 13,363 1
Deposits in foreign offices 76,894 6 67,920 6
Total interest-bearing deposits 740,458 58 676,641 58
Short-term borrowings 54,716 4 51,196 4
Long-term debt 134,937 10 127,547 11
Other liabilities 12,471 1 10,032 1
Total interest-bearing liabilities 942,582 73 865,416 74
Portion of noninterest-bearing funding sources 342,103 27 304,049 26
Total funding sources $ 1,284,685 100 % $ 1,169,465 100 %
Noninterest-earning assets
Cash and due from banks $ 16,272 16,303
Goodwill 25,637 25,417
Other 121,711 130,450
Total noninterest-earning assets $ 163,620 172,170
Noninterest-bearing funding sources
Deposits $ 280,229 263,863
Other liabilities 60,500 61,214
Total equity 164,994 151,142
Noninterest-bearing funding sources used to fund earning assets (342,103) (304,049)
Net noninterest-bearing funding sources $ 163,620 172,170
Total assets $ 1,448,305 1,341,635
(1) Nonaccrual loans are included in their respective loan categories.
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