Company: WFC-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000072971-25-000253
Chunk: 8

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 8
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FS debt securities by length of time those individual securities in each category have been in a continuous loss position. Debt securities on which we have recorded credit impairment are categorized as being “less than 12 months” or “12 months or more” in a continuous loss position based on the point in time that the fair value declined to below the amortized cost basis, net of the allowance for credit losses.Table 3.5:  Gross Unrealized Losses and Fair Value – Available-for-Sale Debt SecuritiesLess than 12 months 12 months or more Total (in millions)Gross unrealized losses (1)Fair value Gross unrealized losses (1)Fair value Gross unrealized losses (1)Fair value September 30, 2025Available-for-sale debt securities:Securities of U.S. Treasury and federal agencies$(7)6,773 (287)8,000 (294)14,773 Securities of U.S. states and political subdivisions(10)357 (388)5,849 (398)6,206 Federal agency mortgage-backed securities(1,063)9,492 (2,741)52,396 (3,804)61,888 Non-agency mortgage-backed securities— — (18)872 (18)872 Other debt securities— — (2)71 (2)71 Total available-for-sale debt securities$(1,080)16,622 (3,436)67,188 (4,516)83,810 December 31, 2024Available-for-sale debt securities:Securities of U.S. Treasury and federal agencies$(77)14,000 (430)7,778 (507)21,778 Securities of U.S. states and political subdivisions(11)748 (507)7,215 (518)7,963 Federal agency mortgage-backed securities(1,465)71,424 (5,293)40,722 (6,758)112,146 Non-agency mortgage-backed securities(1)22 (40)1,307 (41)1,329 Other debt securities— — (3)114 (3)114 Total available-for-sale debt securities$(1,554)86,194 (6,273)57,136 (7,827)143,330 (1)Gross unreal