Company: WFC-PC
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000072971-25-000201
Chunk: 14

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 14
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) Jun 30,2025Dec 31,2024Cumulative gains (losses):Gross unrealized gains from observable price changes$7,474 7,457 Gross unrealized losses from observable price changes(98)(53)Impairment write-downs(3,833)(3,747)

Wells Fargo & Company71

Note 5:  Loans and Related Allowance for Credit LossesTable 5.1 presents total loans outstanding by portfolio segment and class of financing receivable. Loans are reported at their outstanding principal balances net of any unearned income, cumulative charge-offs, unamortized deferred fees and costs on originated loans, and unamortized premiums or discounts on purchased loans. These amounts were less than 1% of our total loans outstanding at both June 30, 2025, and December 31, 2024.Outstanding balances exclude accrued interest receivable on loans, except for certain revolving loans, such as credit card loans. See Note 7 (Intangible Assets and Other Assets) for additional information on accrued interest receivable. Amounts considered to be uncollectible are reversed through interest income. During the first half of 2025, we reversed accrued interest receivable of $32 million for our commercial portfolio segment and $197 million for our consumer portfolio segment, compared with $23 million and $202 million, respectively, for the same period a year ago.Table 5.1:  Loans Outstanding(in millions)Jun 30,2025Dec 31,2024Commercial and industrial$402,150 381,241 Commercial real estate132,560 136,505 Lease financing (1)15,060 16,413 Total commercial549,770 534,159 Residential mortgage245,755 250,269 Credit card55,318 56,542 Auto42,878 42,367 Other consumer (2)30,697 29,408 Total consumer374,648 378,586 Total loans$924,418 912,745 (1)In May 2025, the Company announced it entered into an agreement to sell the assets of its rail car leasing business. The related lease financing balances were transferred to loans held for sale.(2)Includes $23.1 billion and $21.4 billion at June 30, 2025, and December 31, 2024, respectively, of securities-based loans originated by the Wealth