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Operating Segments (Tables)
 6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Operating Segments
Table 18.1 presents our results by operating segment.
Table 18.1: Operating Segments
 
Community
Banking 
 
 
Wholesale
Banking
 
 
Wealth and Investment Management
 
 
Other (1)
 
 
Consolidated
Company
 
(income/expense in millions, average balances in billions)
2017

 
2016

 
2017

 
2016

 
2017

 
2016

 
2017

 
2016

 
2017

 
2016

Quarter ended June 30,
  

 
  

 
  

 
  

 
  

 
  

 
  

 
  

 
  

 
  

Net interest income (2)
$
7,548

 
7,379

 
4,278

 
3,919

 
1,127

 
932

 
(470
)
 
(497
)
 
12,483

 
11,733

Provision (reversal of provision) for credit losses
623

 
689

 
(65
)
 
385

 
7

 
2

 
(10
)
 
(2
)
 
555

 
1,074

Noninterest income
4,741

 
4,825

 
2,673

 
3,365

 
3,055

 
2,987

 
(783
)
 
(748
)
 
9,686

 
10,429

Noninterest expense
7,223

 
6,648

 
4,078

 
4,036

 
3,075

 
2,976

 
(835
)
 
(794
)
 
13,541

 
12,866

Income (loss) before income tax expense (benefit)
4,443

 
4,867

 
2,938

 
2,863

 
1,100

 
941

 
(408
)
 
(449
)
 
8,073

 
8,222

Income tax expense (benefit)
1,404

 
1,667

 
559

 
795

 
417

 
358

 
(155
)
 
(171
)
 
2,225

 
2,649

Net income (loss) before noncontrolling interests
3,039

 
3,200

 
2,379

 
2,068

 
683

 
583

 
(253
)
 
(278
)
 
5,848

 
5,573

Less: Net income (loss) from noncontrolling interests
46

 
21

 
(9
)
 
(5
)
 
1

 
(1
)
 
—

 
—

 
38

 
15

Net income (loss) (3)
$
2,993

 
3,179

 
2,388

 
2,073

 
682

 
584

 
(253
)
 
(278
)
 
5,810

 
5,558

Average loans
$
477.2

 
485.7

 
464.9

 
451.4

 
71.7

 
66.7

 
(56.9
)
 
(53.0
)
 
956.9

 
950.8

Average assets
983.5

 
967.6

 
817.3

 
772.6

 
213.1

 
205.3

 
(86.8
)
 
(83.4
)
 
1,927.1

 
1,862.1

Average deposits
727.2

 
703.7

 
463.0

 
425.8

 
188.2

 
182.5

 
(77.2
)
 
(75.3
)
 
1,301.2

 
1,236.7

Six months ended June 30,
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net interest income (2)
$
15,175

 
14,847

 
8,426

 
7,667

 
2,201

 
1,875

 
(1,019
)
 
(989
)
 
24,783

 
23,400

Provision (reversal of provision) for credit losses
1,269

 
1,409

 
(108
)
 
748

 
3

 
(12
)
 
(4
)
 
15

 
1,160

 
2,160

Noninterest income
9,207

 
9,971

 
5,563

 
6,575

 
6,174

 
5,898

 
(1,556
)
 
(1,487
)
 
19,388

 
20,957

Noninterest expense
14,444

 
13,484

 
8,303

 
8,004

 
6,281

 
6,018

 
(1,695
)
 
(1,612
)
 
27,333

 
25,894

Income (loss) before income tax expense (benefit)
8,669

 
9,925

 
5,794

 
5,490

 
2,091

 
1,767

 
(876
)
 
(879
)
 
15,678

 
16,303

Income tax expense (benefit)
2,531

 
3,364

 
1,305

 
1,514

 
779

 
672

 
(333
)
 
(334
)
 
4,282

 
5,216

Net income (loss) before noncontrolling interests
6,138

 
6,561

 
4,489

 
3,976

 
1,312

 
1,095

 
(543
)
 
(545
)
 
11,396

 
11,087

Less: Net income (loss) from noncontrolling interests
136

 
86

 
(14
)
 
(18
)
 
7

 
(1
)
 
—

 
—

 
129

 
67

Net income (loss) (3)
$
6,002

 
6,475

 
4,503

 
3,994

 
1,305

 
1,096

 
(543
)
 
(545
)
 
11,267

 
11,020

Average loans
$
479.9

 
485.0

 
465.6

 
440.6

 
71.2

 
65.4

 
(56.5
)
 
(52.0
)
 
960.2

 
939.0

Average assets
987.0

 
957.5

 
812.6

 
760.6

 
217.5

 
206.7

 
(88.1
)
 
(83.8
)
 
1,929.0

 
1,841.0

Average deposits
722.2

 
693.3

 
464.5

 
426.9

 
191.9

 
183.5

 
(78.4
)
 
(75.7
)
 
1,300.2

 
1,228.0

(1)
Includes the elimination of certain items that are included in more than one business segment, substantially all of which represents products and services for Wealth and Investment Management customers served through Community Banking distribution channels. 
(2)
Net interest income is the difference between interest earned on assets and the cost of liabilities to fund those assets. Interest earned includes actual interest earned on segment assets and, if the segment has excess liabilities, interest credits for providing funding to other segments. The cost of liabilities includes interest expense on segment liabilities and, if the segment does not have enough liabilities to fund its assets, a funding charge based on the cost of excess liabilities from another segment.
(3)
Represents segment net income (loss) for Community Banking; Wholesale Banking; and Wealth and Investment Management segments and Wells Fargo net income for the consolidated company.