Company: WFC-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000072971-25-000253
Chunk: 92

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 92
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HLBs), to maintain potential borrowing capacity with FHLBs and at the discount window of the Board of Governors of the Federal Reserve System (FRB), and for other purposes as required or permitted by law or insurance statutory requirements. The collateral that we pledge may include our own collateral as well as collateral that we have received from third parties and have the right to repledge.Table 16.1 provides the carrying values of assets recognized on our consolidated balance sheet that we have pledged to third parties. Assets pledged in transactions where our counterparty has the right to sell or repledge those assets are presented parenthetically on our consolidated balance sheet.VIE RELATED.  We also pledge assets in connection with various types of transactions entered into with VIEs, which are excluded from Table 16.1. These pledged assets can only be used to settle the liabilities of those entities. We also have loans recorded on our consolidated balance sheet which represent certain delinquent loans that are eligible for repurchase from GNMA loan securitizations. See Note 13 (Securitizations and Variable Interest Entities) for additional information on consolidated and unconsolidated VIE assets.Table 16.1:  Pledged Assets (in millions)   Sep 30,2025Dec 31,2024Pledged to counterparties that had the right to sell or repledge:Debt securities:Trading$119,823 86,142 Available-for-sale670 3,078 Equity securities17,022 9,774 All other assets485 461 Total assets pledged to counterparties that had the right to sell or repledge138,000 99,455 Pledged to counterparties that did not have the right to sell or repledge:Debt securities:Trading6,052 5,121 Available-for-sale138,956 97,025 Held-to-maturity192,601 213,829 Loans504,092 485,701 Equity securities521 2,150 All other assets873 853 Total assets pledged to counterparties that did not have the right to sell or repledge843,095 804,679 Total pledged assets$981,095 904,134 Collateral AcceptedWe receive financial assets as collateral that we are permitted to sell or repledge. This collateral is obtained in connection with securities purchased under resale agreements and securities borrowing transactions, customer margin loans, and derivative contracts. We may use this