Company: WFC-PC
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000072971-25-000129
Chunk: 14

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 1
Chunk 14
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. See Note 7 (Intangible Assets and Other Assets) for additional information on accrued interest receivable. Amounts considered to be uncollectible are reversed through interest income. During first quarter 2025, we reversed accrued interest receivable of $19 million for our commercial portfolio segment and $102 million for our consumer portfolio segment, compared with $15 million and $96 million, respectively, for the same period a year ago.Table 5.1:  Loans Outstanding(in millions)Mar 31,2025Dec 31,2024Commercial and industrial$390,533 381,241 Commercial real estate134,035 136,505 Lease financing16,131 16,413 Total commercial540,699 534,159 Residential mortgage247,613 250,269 Credit card54,608 56,542 Auto41,482 42,367 Other consumer (1)29,440 29,408 Total consumer373,143 378,586 Total loans$913,842 912,745 (1)Includes $21.7 billion and $21.4 billion at March 31, 2025, and December 31, 2024, respectively, of securities-based loans originated by the Wealth and Investment Management (WIM) operating segment.Our non-U.S. loans are reported by respective class of financing receivable in the table above. Substantially all of our non-U.S. loan portfolio is commercial loans. Table 5.2 presents total non-U.S. commercial loans outstanding by class of financing receivable.Table 5.2:  Non-U.S. Commercial Loans Outstanding(in millions)Mar 31,2025Dec 31,2024Commercial and industrial$64,133 62,038 Commercial real estate4,958 5,123 Lease financing579 598 Total non-U.S. commercial loans$69,670 67,759 Loan Purchases, Sales, and TransfersTable 5.3 presents the proceeds paid or received for purchases and sales of loans and transfers from loans held for investment to mortgages/loans held for sale. The table excludes loans for which we have elected the fair value option and government insured/guaranteed loans because their loan activity normally does not impact the ACL.Table 5.3:  Loan Purchases, Sales, and Transfers20252024(in millions)CommercialConsumerTotalCommercialConsumerTotalQuarter ended March 31,Purchases$