Company: WFC-PC
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000072971-25-000201
Chunk: 140

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 5
Chunk 140
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41 94 6,933 — — 7,097 Total$10,801 11,644 43,611 59,325 33,090 79,209 5,956 6,633 250,269 Gross charge-offs$— — — 1 2 27 2 32 64 (1)Represents residential mortgage loans whose repayments are insured or guaranteed by U.S. government agencies, such as the Federal Housing Administration (FHA) or the Department of Veterans Affairs (VA). Loans insured/guaranteed by U.S. government agencies and 90+ DPD totaled $2.4 billion and $2.8 billion at June 30, 2025, and December 31, 2024, respectively.(2)Reflects total loan balances with LTV amounts in excess of 100%. In the event of default, the loss content would generally be limited to only the amount in excess of 100% LTV.

78Wells Fargo & Company

Table 5.10 provides the outstanding balances of our credit card loan portfolio by primary credit quality indicators.The revolving loans converted to term loans in the credit card loan category represent credit card loans with modified terms that require payment over a specific term.Table 5.10:  Credit Quality Indicators for Credit Card LoansJune 30, 2025December 31, 2024Revolving loansRevolving loans converted to term loansRevolving loansRevolving loans converted to term loans(in millions)TotalTotalBy delinquency status:Current-29 DPD$53,291 590 53,881 54,389 535 54,924 30-89 DPD647 59 706 699 67 766 90+ DPD701 30 731 815 37 852 Total$54,639 679 55,318 55,903 639 56,542 By updated FICO:740+$21,802 34 21,836 21,784 28 21,812 700-73911,877 84 11,961 12,359 74 12,433 660-69910,528 146 10,674 11,093 132 11,225 620-6595,042 127 5,169 5,356 117 5,473 <6205,248 286