Wells Fargo 2010 Annual Report Download - page 58

Risk Management – Credit Risk Management (continued)
Table 18: CRE Loans by State and Property Type
December 31, 2010
Real estate mortgage Real estate construction Total
% of
Nonaccrual Outstanding Nonaccrual Outstanding Nonaccrual Outstanding total
(in millions) loans balance (1) loans balance (1) loans balance (1) loans
By state:
PCI loans:
Florida $ - 459 - 578 - 1,037 * %
California - 588 - 193 - 781 *
Georgia - 301 - 250 - 551 *
North Carolina - 180 - 353 - 533 *
New York - 226 - 225 - 451 *
Other - 1,101 - 1,350 - 2,451 (2) *
Total PCI loans $ - 2,855 - 2,949 - 5,804 * %
All other loans:
California $ 1,172 23,780 375 3,648 1,547 27,428 4 %
Florida 912 10,023 412 2,286 1,324 12,309 2
Texas 376 6,523 165 2,186 541 8,709 1
North Carolina 346 4,663 254 1,477 600 6,140 *
New York 56 4,440 17 1,111 73 5,551 *
Virginia 49 3,574 147 1,512 196 5,086 *
Georgia 374 3,726 181 885 555 4,611 *
Arizona 259 3,445 140 726 399 4,171 *
Colorado 106 2,868 76 698 182 3,566 *
New Jersey 109 2,641 40 513 149 3,154 *
Other 1,468 30,897 869 7,342 2,337 38,239 (3) 5
Total all other loans $ 5,227 96,580 2,676 22,384 7,903 118,964 16 %
Total $ 5,227 99,435 2,676 25,333 7,903 124,768 16 %
By property:
PCI loans:
Office buildings $ - 953 - 317 - 1,270 * %
Apartments - 565 - 704 - 1,269 *
1-4 family land - 249 - 559 - 808 *
Retail (excluding shopping center) - 341 - 90 - 431 *
1-4 family structure - 29 - 353 - 382 *
Other - 718 - 926 - 1,644 *
Total PCI loans $ - 2,855 - 2,949 - 5,804 * %
All other loans:
Office buildings $ 1,214 24,841 233 2,598 1,447 27,439 4 %
Industrial/warehouse 730 13,058 76 931 806 13,989 2
Real estate - other 576 11,853 61 691 637 12,544 2
Apartments 368 8,309 305 3,451 673 11,760 2
Retail (excluding shopping center) 591 9,628 126 868 717 10,496 1
Shopping center 363 6,578 270 1,622 633 8,200 1
Land (excluding 1-4 family) 41 524 671 7,013 712 7,537 1
Hotel/motel 469 5,916 74 999 543 6,915 *
Institutional 112 2,646 9 179 121 2,825 *
1-4 family land 157 328 514 2,255 671 2,583 *
Other 606 12,899 337 1,777 943 14,676 2
Total all other loans $ 5,227 96,580 2,676 22,384 7,903 118,964 16 %
Total $ 5,227 99,435 (4) 2,676 25,333 7,903 124,768 16 %
* Less than 1%.
(1) For PCI loans, amounts represent carrying value.
(2) Includes 35 states; no state had loans in excess of $436 million.
(3) Includes 40 states; no state had loans in excess of $3.1 billion.
(4) Includes $40.0 billion of loans to owner-occupants where 51% or more of the property is used in the conduct of their business.
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