Company: WFC-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000072971-25-000253
Chunk: 89

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 89
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 met that permit balance sheet netting. The majority of transactions subject to these agreements do not meet those criteria and thus are not eligible for balance sheet netting.Securities collateral we pledge is not netted on our consolidated balance sheet against the related liability. Securities collateral we receive is not recognized on our consolidated balance sheet. Collateral pledged or received may be increased or decreased over time to maintain certain contractual thresholds, as the assets underlying each arrangement fluctuate in value. For additional information on collateral pledged and received, see Note 16 (Pledged Assets and Collateral). Generally, these agreements require collateral to exceed the asset or liability recognized on the balance sheet. The following table includes the amount of collateral pledged or received related to exposures subject to enforceable MRAs or MSLAs. While these agreements are typically over-collateralized, the disclosure in this table is limited to the reported amount of such collateral to the amount of the related recognized asset or liability for each counterparty.In addition to the amounts included in Table 15.1, we also have balance sheet netting related to derivatives that is 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