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Consolidated Statement of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Interest income:      
Trading assets $ 1,376 $ 1,358 $ 1,440
Investment securities 8,116 8,098 8,475
Mortgages held for sale 1,290 1,825 1,644
Loans held for sale 13 41 58
Loans 35,571 36,482 37,247
Other interest income 723 587 548
Total interest income 47,089 48,391 49,412
Interest expense:      
Deposits 1,337 1,727 2,275
Short-term borrowings 60 79 80
Long-term debt 2,585 3,110 3,978
Other interest expense 307 245 316
Total interest expense 4,289 5,161 6,649
Net interest income 42,800 43,230 42,763
Provision for credit losses 2,309 7,217 7,899
Net interest income after provision for credit losses 40,491 36,013 34,864
Noninterest income      
Service charges on deposit accounts 5,023 4,683 4,280
Trust and investment fees 13,430 11,890 11,304
Card fees 3,191 2,838 3,653
Other fees 4,340 4,519 4,193
Mortgage banking 8,774 11,638 7,832
Insurance 1,814 1,850 1,960
Net gains from trading activities 1,623 1,707 1,014
Net gains (losses) on debt securities (29) [1] (128) [1] 54 [1]
Net gains from equity investments 1,472 [2] 1,485 [2] 1,482 [2]
Lease income 663 567 524
Other 679 1,807 1,889
Total noninterest income 40,980 42,856 38,185
Noninterest expense      
Salaries 15,152 14,689 14,462
Commission and incentive compensation 9,951 9,504 8,857
Employee benefits 5,033 4,611 4,348
Equipment 1,984 2,068 2,283
Net occupancy 2,895 2,857 3,011
Core deposit and other intangibles 1,504 1,674 1,880
FDIC and other deposit assessments 961 1,356 1,266
Other 11,362 13,639 13,286
Total noninterest expense 48,842 50,398 49,393
Income before income tax expense 32,629 28,471 23,656
Income tax expense 10,405 9,103 7,445
Net income before noncontrolling interests 22,224 19,368 16,211
Less: Net income from noncontrolling interests 346 471 342
Wells Fargo net income 21,878 18,897 15,869
Less: Preferred stock dividends and other 989 898 844
Wells Fargo net income applicable to common stock $ 20,889 $ 17,999 $ 15,025
Per share information      
Earnings per common share $ 3.95 $ 3.40 $ 2.85
Diluted earnings per common share $ 3.89 $ 3.36 $ 2.82
Dividends declared per common share $ 1.15 $ 0.88 $ 0.48
Average common shares outstanding 5,287.3 5,287.6 5,278.1
Diluted average common shares outstanding 5,371.2 5,351.5 5,323.4
[1] Total other-than-temporary impairment (OTTI) losses (gains) were $39 million, $3 million and $349 million for the year ended December 31, 2013, 2012 and 2011, respectively. Of total OTTI, losses of $158 million, $240 million and $423 million were recognized in earnings, and gains of $(119) million, $(237) million and $(74) million were recognized as non-credit-related OTTI in other comprehensive income for the year ended December 31, 2013, 2012 and 2011, respectively.
[2] Includes OTTI losses of $186 million, $176 million and $288 million for the year ended December 31, 2013, 2012 and 2011, respectively.