Wells Fargo 2012 Annual Report Download - page 149

Contractual Maturities
The following table shows the remaining contractual maturities
and contractual yields (taxable-equivalent basis) of debt
securities available for sale. The remaining contractual principal
maturities for MBS do not consider prepayments. Remaining
expected maturities will differ from contractual maturities
because borrowers may have the right to prepay obligations
before the underlying mortgages mature.
Remaining contractual maturity
Weighted- After one yea
r
After five years
Total average Within one year through five years through ten years After ten years
(in millions) amount yield Amount Yield Amount Yield Amount Yield Amount Yield
December 31, 2012
Securities of U.S. Treasury
and federal agencies $ 7,146 1.59 % $ 376 0.43 % $ 661 1.24 % $ 6,109 1.70 % $ - - %
Securities of U.S. states and
political subdivisions 38,676 5.29 1,861 2.61 11,620 2.18 3,380 5.51 21,815 7.15
Mortgage-backed securities:
Federal agencies 97,285 3.82 1 5.40 106 4.87 1,144 3.41 96,034 3.83
Residential 15,931 4.38 - - - - 569 2.06 15,362 4.47
Commercial 19,968 5.33 - - 78 3.69 101 2.84 19,789 5.35
Total mortgage-backed
securities 133,184 4.12 1 5.40 184 4.37 1,814 2.95 131,185 4.13
Corporate debt securities 21,333 4.26 1,037 4.29 12,792 3.19 6,099 6.14 1,405 5.88
Collateralized debt
obligations 13,188 1.35 44 0.96 1,246 0.71 7,376 1.01 4,522 2.08
Other 18,887 1.85 1,715 1.14 9,589 1.75 3,274 2.11 4,309 2.14
Total debt securities
at fair value $ 232,414 3.91 % $ 5,034 2.28 % $ 36,092 2.37 % $ 28,052 3.07 % $ 163,236 4.44 %
December 31, 2011
Securities of U.S. Treasury
and federal agencies $ 6,968 0.91 % $ 57 0.48 % $ 6,659 0.84 % $ 194 2.73 % $ 58 3.81 %
Securities of U.S. states and
political subdivisions 32,593 4.94 520 3.02 11,679 2.90 2,692 5.31 17,702 6.28
Mortgage-backed securities:
Federal agencies 96,754 4.39 1 6.47 442 4.02 1,399 3.07 94,912 4.42
Residential 17,836 4.51 - - - - 640 1.88 17,196 4.61
Commercial 18,150 5.40 - - - - 87 3.33 18,063 5.41
Total mortgage-backed
securities 132,740 4.55 1 6.47 442 4.02 2,126 2.72 130,171 4.58
Corporate debt securities 18,404 4.64 815 5.57 11,022 3.40 4,691 6.67 1,876 6.38
Collateralized debt obligations 8,599 1.10 - - 540 1.61 6,813 1.00 1,246 1.42
Other 19,892 1.89 506 2.29 12,963 1.75 3,149 2.04 3,274 2.29
Total debt securities
at fair value $ 219,196 4.12 % $ 1,899 3.85 % $ 43,305 2.36 % $ 19,665 3.31 % $ 154,327 4.72 %
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