Call reports 2020
WELLS FARGO BANK, NATIONAL ASSOCIATION — 2020
What WELLS FARGO BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,763,696,000,000 | 1,799,940,000,000 | 1,750,196,000,000 | 1,767,808,000,000 |
| Total loans | 982,888,000,000 | 933,384,000,000 | 912,573,000,000 | 890,245,000,000 |
| Allowance for loan losses | 10,893,000,000 | 18,587,000,000 | 19,149,000,000 | 18,220,000,000 |
| Securities available for sale | 242,111,000,000 | 220,190,000,000 | 212,761,000,000 | 211,554,000,000 |
| Securities held to maturity | 169,859,000,000 | 168,972,000,000 | 182,570,000,000 | 205,710,000,000 |
| Trading assets | 58,848,000,000 | 54,369,000,000 | 58,158,000,000 | 69,659,000,000 |
| Total deposits | 1,403,302,000,000 | 1,464,907,000,000 | 1,433,919,000,000 | 1,443,370,000,000 |
| Interest-bearing deposits | 950,844,000,000 | 942,286,000,000 | 902,418,000,000 | 899,469,000,000 |
| Noninterest-bearing deposits | 452,458,000,000 | 522,621,000,000 | 531,501,000,000 | 543,901,000,000 |
| Equity capital | 170,221,000,000 | 168,420,000,000 | 169,844,000,000 | 170,894,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 13,565,000,000 | 24,523,000,000 | 34,661,000,000 | 44,497,000,000 |
| Interest expense | 2,360,000,000 | 3,303,000,000 | 3,841,000,000 | 4,211,000,000 |
| Net interest income | 11,205,000,000 | 21,220,000,000 | 30,820,000,000 | 40,286,000,000 |
| Noninterest income | 5,744,000,000 | 10,762,000,000 | 17,127,000,000 | 22,587,000,000 |
| Noninterest expense | 11,417,000,000 | 23,841,000,000 | 36,041,000,000 | 48,264,000,000 |
| Provision for loan losses | 3,160,000,000 | 11,998,000,000 | 13,265,000,000 | 12,956,000,000 |
| Pretax income | 2,504,000,000 | -3,506,000,000 | -753,000,000 | 2,428,000,000 |
| Income tax | 425,000,000 | -2,668,000,000 | -1,172,000,000 | -1,031,000,000 |
| Net income | 2,078,000,000 | -840,000,000 | 416,000,000 | 3,455,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 147,537,000,000 | 147,774,000,000 | 149,252,000,000 | 150,168,000,000 |
| Total capital | 169,846,000,000 | 172,031,000,000 | 173,004,000,000 | 173,719,000,000 |
| Risk-weighted assets | 1,171,371,280,000 | 1,106,875,168,000 | 1,090,132,352,000 | 1,085,599,155,000 |