Company: WFC-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000072971-25-000253
Chunk: 126

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 3
Chunk 126
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 is calculated using the contractual coupon and the impact of any premiums and discounts and is shown pre-tax. We have not included the effect of any related hedging derivatives. The effective yield for mortgage-backed securities excludes unscheduled principal payments, and remaining expected maturities will differ from contractual maturities because borrowers may have the right to prepay obligations before the underlying mortgages mature.

Wells Fargo & Company67

Note 3:  Available-for-Sale and Held-to-Maturity Debt Securities (continued)

Table 3.7:  Contractual Maturities – Held-to-Maturity Debt SecuritiesBy remaining contractual maturity ($ in millions)TotalWithinone yearAfterone yearthroughfive yearsAfterfive yearsthroughten yearsAfterten yearsSeptember 30, 2025Held-to-maturity debt securities: Securities of U.S. Treasury and federal agenciesAmortized cost, net$3,797 — — — 3,797 Fair value2,076 — — — 2,076 Weighted average yield1.60%— — — 1.60 Securities of U.S. states and political subdivisionsAmortized cost, net$17,750 112 420 471 16,747 Fair value14,288 111 412 459 13,306 Weighted average yield2.45%1.68 2.16 2.65 2.45 Federal agency mortgage-backed securitiesAmortized cost, net$182,539 — — — 182,539 Fair value153,952 — — — 153,952 Weighted average yield2.35%— — — 2.35 Non-agency mortgage-backed securitiesAmortized cost, net$1,440 — 25 22 1,393 Fair value1,467 — 31 24 1,412 Weighted average yield3.73%— 4.63 2.71 3.73 Collateralized loan obligationsAmortized cost, net$6,983 — 206 6,777 — Fair value7,009 — 208 6,801 — Weighted average yield6.01%— 6.42 5.99 — Other debt securitiesAmortized cost, net$1,723 — 1,723 — — Fair