Company: WFC-PC
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000072971-25-000129
Chunk: 20

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 1
Chunk 20
---
2,931 1,560 639 1,366 — — 16,413 Gross charge-offs3 17 14 10 5 3 — — 52 Total commercial loans$77,903 43,079 58,458 41,582 15,412 38,769 257,500 1,456 534,159 (1) Includes charge-offs on overdrafts, which are generally charged-off at 60 days past due. 

Wells Fargo & Company73

Note 5:  Loans and Related Allowance for Credit Losses (continued)

Table 5.8 provides days past due (DPD) information for commercial loans, which we monitor as part of our credit risk management practices; however, delinquency is not a primary credit quality indicator for commercial loans.Table 5.8:  Commercial Loan Categories by Delinquency StatusStill accruingNonaccrual loansTotalcommercial loans(in millions)Current-29 DPD30-89 DPD90+ DPDMarch 31, 2025Commercial and industrial$388,453 756 355 969 390,533 Commercial real estate129,245 693 261 3,836 134,035 Lease financing15,883 170 — 78 16,131 Total commercial loans$533,581 1,619 616 4,883 540,699 December 31, 2024Commercial and industrial$379,147 794 537 763 381,241 Commercial real estate131,794 472 468 3,771 136,505 Lease financing16,156 173 — 84 16,413 Total commercial loans$527,097 1,439 1,005 4,618 534,159 CONSUMER CREDIT QUALITY INDICATORS.  We have various classes of consumer loans that present unique credit risks. Loan delinquency, Fair Isaac Corporation (FICO) credit scores and loan-to-value (LTV) for residential mortgage loans are the primary credit quality indicators that we monitor and utilize in our evaluation of the appropriateness of the ACL for the consumer loan portfolio segment.Many of our loss estimation techniques used for the ACL for loans rely on delinquency-based models; therefore, delinquency is an important indicator of credit quality in the establishment of our ACL for consumer loans.We obtain FICO scores