Company: WFC-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000072971-25-000253
Chunk: 91

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 91
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70,362 Securities of U.S. States and political subdivisions500 648 Federal agency mortgage-backed securities101,440 54,107 Non-agency mortgage-backed securities2,687 2,397 Corporate debt securities12,731 10,008 Asset-backed securities2,957 2,334 Equity securities2,204 1,584 Other2,555 740 Total repurchases293,293 142,180 Securities lending arrangements:Securities of U.S. Treasury and federal agencies133 214 Corporate debt securities2,146 1,925 Equity securities5,722 5,101 Other19 7 Total securities lending8,020 7,247 Total repurchases and securities lending$301,313 149,427 Table 15.3 provides the contractual maturities of our gross obligations under repurchase and securities lending agreements. Securities lending is executed under agreements that allow either party to terminate the transaction without notice, while repurchase agreements have a term structure that matures at a point in time. The overnight agreements require an election by both parties to roll the trade, while continuous agreements require an election by either party to terminate the agreement.Table 15.3:  Contractual Maturities of Gross Obligations(in millions)  Repurchase agreementsSecurities lending agreementsSeptember 30, 2025Overnight/continuous$194,361 4,369 Up to 30 days57,556 — 30-90 days19,881 — >90 days21,495 3,651 Total gross obligation$293,293 8,020 December 31, 2024Overnight/continuous$79,560 4,096 Up to 30 days40,318 — 30-90 days8,909 300 >90 days13,393 2,851 Total gross obligation$142,180 7,247 

114Wells Fargo & Company

Note 16:  Pledged Assets and CollateralPledged AssetsWe pledge financial assets that we own to counterparties for the collateralization of securities and other collateralized financing activities, to secure trust and public deposits, and to collateralize derivative contracts. See Note 15 (Securities Financing Activities) for additional information on securities financing activities. As part of our liquidity management strategy, we may also pledge assets to secure borrowings and letters of credit from Federal Home Loan Banks (F