Company: WFC-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000072971-25-000253
Chunk: 146

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 5
Chunk 146
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 66 10 560 (1)Substantially all loans are revolving securities-based loans originated by the WIM operating segment and therefore do not require a FICO score.(2)Includes charge-offs on overdrafts, which are generally charged-off at 60 days past due. 

80Wells Fargo & Company

NONACCRUAL LOANS.  Table 5.13 provides loans on nonaccrual status. Nonaccrual loans may have an ACL or a negative allowance for credit losses from expected recoveries of amounts previously written off.Table 5.13:  Nonaccrual LoansOutstanding balanceRecognized interest incomeNonaccrual loansNonaccrual loans without related allowance for credit losses (1)Nine months ended September 30,(in millions)Sep 30,2025Dec 31,2024Sep 30,2025Dec 31,202420252024Commercial and industrial$1,050 763 57 2 15 14 Commercial real estate3,334 3,771 187 41 49 14 Lease financing75 84 17 17 — — Total commercial 4,459 4,618 261 60 64 28 Residential mortgage3,057 2,991 1,999 1,887 128 136 Auto71 89 — — 8 11 Other consumer27 32 — — 3 3 Total consumer 3,155 3,112 1,999 1,887 139 150 Total nonaccrual loans$7,614 7,730 2,260 1,947 203 178 (1)Nonaccrual loans may not have an allowance for credit losses if the loss expectations are zero given the related collateral value.

LOANS IN PROCESS OF FORECLOSURE.  Our recorded investment in consumer mortgage loans collateralized by residential real estate property that are in process of foreclosure was $651 million and $705 million at September 30, 2025, and December 31, 2024, respectively, which included $495 million and $540 million, respectively, of loans that are government insured/guaranteed. Under the Consumer Financial Protection Bureau guidelines, we do not commence the foreclosure process on residential mortgage loans until after the loan is 120 days delinquent. Foreclosure procedures and timelines vary depending on whether the property address resides