Wells Fargo 2013 Annual Report Download - page 79
Download and view the complete annual report
Please find page 79 of the 2013 Wells Fargo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69 -
70 -
71 -
72 -
73 -
74 -
75 -
76 -
77 -
78 -
79 -
80 -
81 -
82 -
83 -
84 -
85 -
86 -
87 -
88 -
89 -
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
-
237
-
238
-
239
-
240
-
241
-
242
-
243
-
244
-
245
-
246
-
247
-
248
-
249
-
250
-
251
-
252
-
253
-
254
-
255
-
256
-
257
-
258
-
259
-
260
-
261
-
262
-
263
-
264
-
265
-
266
-
267
-
268
-
269
-
270
-
271
-
272
 |
 |
Table 38: Allocation of the Allowance for Credit Losses (ACL)
Dec. 31, 2013 Dec. 31, 2012 Dec. 31, 2011 Dec. 31, 2010 Dec. 31, 2009
(in millions) ACL (1)
Loans
as %
of total
loans ACL
Loans
as %
of total
loans ACL
Loans
as %
of total
loans ACL
Loans
as %
of total
loans ACL
Loans
as %
of total
loans
Commercial:
Commercial and industrial $ 2,775 24 % $ 2,543 23 % $ 2,649 22 % $ 3,299 20 % $ 4,014 20 %
Real estate mortgage 2,102 13 2,283 13 2,550 14 3,072 13 2,398 12
Real estate construction 770 2 552 2 893 2 1,387 4 1,242 5
Lease financing 127 1 85 2 82 2 173 2 181 2
Foreign 329 6 251 5 184 5 238 4 306 4
Total commercial 6,103 46 5,714 45 6,358 45 8,169 43 8,141 43
Consumer:
Real estate 1-4 family first mortgage 4,087 32 6,100 31 6,934 30 7,603 30 6,449 29
Real estate 1-4 family
junior lien mortgage 2,534 8 3,462 10 3,897 11 4,557 13 5,430 13
Credit card 1,224 3 1,234 3 1,294 3 1,945 3 2,745 3
Automobile 475 6 417 6 555 6 771 6 1,381 6
Other revolving credit and installment 548 5 550 5 630 5 418 5 885 6
Total consumer 8,868 54 11,763 55 13,310 55 15,294 57 16,890 57
Total $ 14,971 100 % $ 17,477 100 % $ 19,668 100 % $ 23,463 100 % $ 25,031 100 %
Dec. 31, 2013 Dec. 31, 2012 Dec. 31, 2011 Dec. 31, 2010 Dec. 31, 2009
Components:
Allowance for loan losses $ 14,502 17,060 19,372 23,022 24,516
Allowance for unfunded
credit commitments 469 417 296 441 515
Allowance for credit losses $ 14,971 17,477 19,668 23,463 25,031
Allowance for loan losses as a percentage
of total loans 1.76 % 2.13 2.52 3.04 3.13
Allowance for loan losses as a percentage
of total net charge-offs 322 189 171 130 135
Allowance for credit losses as a percentage
of total loans 1.81 2.19 2.56 3.10 3.20
Allowance for credit losses as a percentage
of total nonaccrual loans 96 85 92 89 103
(1) Reflects refinement in determination of allowance for the credit losses inherent in the respective loan classes.
77