Company: WFC-PC
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000072971-25-000201
Chunk: 5

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 5
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 and fair value of these types of securities, was $2.8 billion at both June 30, 2025, and December 31, 2024.(3)Predominantly consists of commercial mortgage-backed securities at both June 30, 2025, and December 31, 2024.(4)Represents fair value hedge basis adjustments related to active portfolio layer method hedges of AFS debt securities, which are not allocated to individual securities in the portfolio. For additional information, see Note 11 (Derivatives).

64Wells Fargo & Company

Table 3.2 details the breakout of purchases of HTM debt securities by major category of security. There were no transfers to HTM debt securities during the periods presented below.Table 3.2:  Held-to-Maturity Debt Securities PurchasesQuarter ended June 30,Six months ended June 30,(in millions)2025202420252024Purchases of held-to-maturity debt securities (1):Non-agency mortgage-backed securities$20 48 $106 48 Total purchases of held-to-maturity debt securities$20 48 $106 48 (1)Inclusive of non-cash purchases from securitization of loans held for sale (LHFS).Table 3.3 shows the composition of interest income, provision for credit losses, and gross realized gains and lossesfrom sales and impairment write-downs included in earnings related to AFS and HTM debt securities (pre-tax).Table 3.3:  Income Statement Impacts for Available-for-Sale and Held-to-Maturity Debt SecuritiesQuarter ended June 30,Six months ended June 30,(in millions)2025202420252024Interest income (1):Available-for-sale$2,146 1,549 $4,088 2,915 Held-to-maturity1,309 1,678 2,688 3,433 Total interest income 3,455 3,227 6,776 6,348 Provision for credit losses:Available-for-sale(4)7 (5)16 Held-to-maturity2 — 10 3 Total provision for credit losses(2)7 5 19 Realized gains and losses (2):Gross realized gains13 — 15 23 Gross realized losses(13)— (129)(48)Impairment write-downs— — (33)—