Call reports 2023
WELLS FARGO BANK, NATIONAL ASSOCIATION — 2023
What WELLS FARGO BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,687,507,000,000 | 1,667,885,000,000 | 1,704,891,000,000 | 1,733,244,000,000 |
| Total loans | 911,931,000,000 | 911,415,000,000 | 908,793,000,000 | 904,289,000,000 |
| Allowance for loan losses | 13,073,000,000 | 14,221,000,000 | 14,554,000,000 | 14,607,000,000 |
| Securities available for sale | 135,226,000,000 | 125,168,000,000 | 118,898,000,000 | 123,507,000,000 |
| Securities held to maturity | 277,224,000,000 | 272,436,000,000 | 267,301,000,000 | 262,801,000,000 |
| Trading assets | 57,806,000,000 | 65,009,000,000 | 51,516,000,000 | 52,144,000,000 |
| Total deposits | 1,387,849,000,000 | 1,360,215,000,000 | 1,370,087,000,000 | 1,392,417,000,000 |
| Interest-bearing deposits | 916,144,000,000 | 931,493,000,000 | 954,281,000,000 | 989,099,000,000 |
| Noninterest-bearing deposits | 471,705,000,000 | 428,722,000,000 | 415,806,000,000 | 403,318,000,000 |
| Equity capital | 162,495,000,000 | 162,648,000,000 | 161,448,000,000 | 162,969,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 17,992,000,000 | 37,036,000,000 | 57,232,000,000 | 78,188,000,000 |
| Interest expense | 4,191,000,000 | 9,452,000,000 | 15,834,000,000 | 23,195,000,000 |
| Net interest income | 13,801,000,000 | 27,584,000,000 | 41,398,000,000 | 54,993,000,000 |
| Noninterest income | 5,651,000,000 | 11,100,000,000 | 16,621,000,000 | 21,949,000,000 |
| Noninterest expense | 10,989,000,000 | 21,809,000,000 | 32,202,000,000 | 45,391,000,000 |
| Provision for loan losses | 1,179,000,000 | 3,086,000,000 | 4,270,000,000 | 5,577,000,000 |
| Pretax income | 7,209,000,000 | 13,899,000,000 | 21,630,000,000 | 25,944,000,000 |
| Income tax | 1,189,000,000 | 2,438,000,000 | 3,583,000,000 | 3,939,000,000 |
| Net income | 6,017,000,000 | 11,455,000,000 | 18,038,000,000 | 21,994,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 141,504,000,000 | 142,300,000,000 | 141,532,000,000 | 142,108,000,000 |
| Total capital | 165,030,000,000 | 166,077,000,000 | 165,197,000,000 | 165,634,000,000 |
| Risk-weighted assets | 1,156,017,380,000 | 1,153,795,013,000 | 1,146,181,855,000 | 1,137,605,134,000 |