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Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 28,339 $ 28,236
Interest-earning deposits with banks 258,394 236,376
Total cash, cash equivalents, and restricted cash 286,733 264,612
Federal funds sold and securities purchased under resale agreements 79,502 65,672
Trading, at fair value 72,784 75,095
Available-for-sale, at fair value 200,850 220,392
Held-to-maturity, at amortized cost, net of allowance for credit losses 232,192 205,720
Loans held for sale 35,434 36,384
Loans 861,572 887,637
Allowance for loan losses (16,928) (18,516)
Net loans 844,644 869,121
Mortgage servicing rights 8,832 7,437
Premises and equipment, net 8,760 8,895
Goodwill 26,290 26,392
Derivative assets 25,429 25,846
Equity securities 59,981 62,260
Other assets 78,112 87,337
Total assets [1] 1,959,543 1,955,163
Liabilities    
Noninterest-bearing deposits 494,087 467,068
Interest-bearing deposits 943,032 937,313
Total deposits 1,437,119 1,404,381
Short-term borrowings 58,920 58,999
Derivative liabilities 14,930 16,509
Accrued expenses and other liabilities 76,914 76,404
Long-term debt 183,312 212,950
Total liabilities [2] 1,771,195 1,769,243
Wells Fargo stockholders’ equity:    
Preferred stock 21,170 21,136
Common stock 9,136 9,136
Additional paid-in capital 59,854 60,197
Retained earnings 166,772 162,890
Cumulative other comprehensive income (loss) (1,250) 194
Treasury stock (67,589) (67,791)
Unearned ESOP shares 875 875
Total Wells Fargo stockholders’ equity 187,218 184,887
Noncontrolling interests 1,130 1,033
Total equity 188,348 185,920
Total liabilities and equity $ 1,959,543 $ 1,955,163
[1] Our consolidated assets at March 31, 2021, and December 31, 2020, included the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Debt securities, $965 million and $967 million; Loans, $5.5 billion and $10.9 billion; All other assets, $267 million and $310 million; and Total assets, $6.7 billion and $12.1 billion, respectively.
[2] Our consolidated liabilities at March 31, 2021, and December 31, 2020, include the following VIE liabilities for which the VIE creditors do not have recourse to Wells Fargo: Long-term debt, $192 million and $203 million; All other liabilities, $890 million and $900 million; and Total liabilities, $1.1 billion and $1.1 billion, respectively.