Wells Fargo 2012 Annual Report Download - page 67

Table 29: Nonperforming Assets During 2012
December 31, 2012 September 30, 2012 June 30, 2012 March 31, 2012
% of % of % of % of
total total total total
($ in millions) Balance loans Balance loans Balance loans Balance loans
Nonaccrual loans:
Commercial:
Commercial and industrial $ 1,422 0.76 % $ 1,404 0.79 % $ 1,549 0.87 % $ 1,726 1.02 %
Real estate mortgage 3,322 3.12 3,599 3.44 3,832 3.63 4,081 3.85
Real estate construction 1,003 5.93 1,253 7.08 1,421 8.08 1,709 9.21
Lease financing 27 0.22 49 0.40 43 0.34 45 0.34
Foreign 50 0.13 66 0.17 79 0.20 38 0.10
Total commercial 5,824 1.61 6,371 1.81 6,924 1.96 7,599 2.20
Consumer:
Real estate 1-4 family
first mortgage 11,455 4.58 11,195 4.65 10,368 4.50 10,683 4.67
Real estate 1-4 family
junior lien mortgage 2,922 3.87 3,140 4.02 3,091 3.82 3,558 4.28
Other revolving credit and installment 285 0.32 338 0.39 195 0.22 186 0.21
Total consumer 14,662 3.34 14,673 3.41 13,654 3.24 14,427 3.43
Total nonaccrual loans 20,486 2.56 21,044 2.69 20,578 2.65 22,026 2.87
Foreclosed assets:
Government insured/guaranteed 1,509 1,479 1,465 1,352
Non-government insured/guaranteed 2,514 2,730 2,842 3,265
Total foreclosed assets 4,023 4,209 4,307 4,617
Total nonperforming assets $ 24,509 3.07 % $ 25,253 3.23 % $ 24,885 3.21 % $ 26,643 3.48 %
Change in NPAs from prior quarter $ (744) 368 (1,758) 678
Total NPAs were $24.5 billion (3.07% of total loans) at
December 31, 2012, and included $20.5 billion of nonaccrual
loans and $4.0 billion of foreclosed assets. Nonaccrual loans
decreased $818 million in 2012; however, apart from the
increase of $960 million resulting from the Interagency
Guidance and $1.8 billion from the OCC guidance, total
nonaccrual loans declined during the year by $3.6 billion.
Table 30 provides an analysis of the changes in nonaccrual
loans.
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