Company: WFC-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000072971-25-000253
Chunk: 211

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 15
Chunk 211
---
 disclosed in Note 11 (Derivatives).Table 15.1:  Offsetting – Securities Financing Activities (in millions)  Sep 30,2025Dec 31,2024Assets:Resale and securities borrowing agreementsGross amounts recognized$253,629 159,538 Gross amounts offset in consolidated balance sheet (1)(99,053)(54,208)Net amounts in consolidated balance sheet (2)154,576 105,330 Collateral received not recognized in consolidated balance sheet (3)(153,384)(104,313)Net amount (4)$1,192 1,017 Liabilities:Repurchase and securities lending agreementsGross amounts recognized $301,313 149,427 Gross amounts offset in consolidated balance sheet (1)(99,053)(54,208)Net amounts in consolidated balance sheet (5)202,260 95,219 Collateral pledged but not netted in consolidated balance sheet (6)(202,204)(95,170)Net amount (4)$56 49 (1)Represents recognized amount of resale and repurchase agreements with counterparties subject to enforceable MRAs that have been offset within our consolidated balance sheet.(2)Included in federal funds sold and securities purchased under resale agreements on our consolidated balance sheet. Excludes $26.9 billion and $21.8 billion classified on our consolidated balance sheet in loans at September 30, 2025, and December 31, 2024, respectively, which relates to resale agreements involving collateral other than securities as part of our commercial lending business activities.(3)Represents the fair value of collateral we have received under enforceable MRAs or MSLAs, limited in the table above to the amount of the recognized asset due from each counterparty.(4)Represents the amount of our exposure (assets) or obligation (liabilities) that is not collateralized and/or is not subject to an enforceable MRA or MSLA.(5)Included in short-term borrowings on our consolidated balance sheet.(6)Represents the fair value of collateral we have pledged, related to enforceable MRAs or MSLAs, limited in the table above to the amount of the recognized liability owed to each counterparty.

Wells Fargo & Company113

Note 15:  Securities Financing Activities (continued)

REPURCHASE AND SECURITIES LENDING AGREEMENTS.  Securities sold under repurchase agreements and securities lending arrangements are effectively short-term collateral