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<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<!-- Begin Block Tagged Note 1 - us-gaap:SignificantAccountingPoliciesTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left">
</div>
<!-- xbrl,ns -->
<div align="left" style="font-size: 12pt; margin-top: 0pt">
</div>
<div align="left" style="font-size: 12pt; margin-top: 0pt"><i>
</i>
</div>
<div align="left">
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Wells Fargo & Company is a diversified financial services company. We provide banking, insurance,
investments, mortgage banking, investment banking, retail banking, brokerage, and consumer finance
through banking stores, the internet and other distribution channels to consumers, businesses and
institutions in all 50 states, the District of Columbia, and in other countries. When we refer to
“Wells Fargo,” “the Company,” “we,” “our” or “us” in this Form 10-Q, we mean Wells Fargo & Company
and Subsidiaries (consolidated). Wells Fargo & Company (the Parent) is a financial holding company
and a bank holding company. We also hold a majority interest in a real estate investment trust,
which has publicly traded preferred stock outstanding.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Our accounting and reporting policies conform with U.S. generally accepted accounting principles
(GAAP) and practices in the financial services industry. To prepare the financial statements in
conformity with GAAP, management must make estimates based on assumptions about future economic and
market conditions (for example, unemployment, market liquidity, real estate prices, etc.) that
affect the reported amounts of assets and liabilities at the date of the financial statements and
income and expenses during the reporting period and the related disclosures. Although our estimates
contemplate current conditions and how we expect them to change in the future, it is reasonably
possible that in 2010 actual conditions could be worse than anticipated in those estimates, which
could materially affect our results of operations and financial condition. Management has made
significant estimates in several areas, including the evaluation of other-than-temporary impairment
(OTTI) on investment securities (Note 4), allowance for credit losses and purchased credit-impaired
(PCI) loans (Note 5), valuing residential mortgage servicing rights (MSRs) (Notes 7 and 8) and
financial instruments (Note 12), pension accounting (Note 14) and income taxes. Actual results
could differ from those estimates. Among other effects, such changes could result in future
impairments of investment securities, increases to the allowance for loan losses, as well as
increased future pension expense.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The information furnished in these unaudited interim statements reflects all adjustments that are,
in the opinion of management, necessary for a fair statement of the results for the periods
presented. These adjustments are of a normal recurring nature, unless otherwise disclosed in this
Form 10-Q. The results of operations in the interim statements do not necessarily indicate the
results that may be expected for the full year. The interim financial information should be read in
conjunction with our Annual Report on Form 10-K for the year ended December 31, 2009 (2009 Form
10-K). Certain amounts in the financial statements for prior years have been revised to conform
with current financial statement presentation.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Accounting Developments</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">In first quarter 2010, we adopted the following accounting updates to the Financial Accounting Standards
Board (FASB) Accounting Standards Codification (ASC or Codification):
</div>
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 12pt; text-align: left">
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="1%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>Accounting Standards Update (ASU or Update) 2010-6, <i>Improving Disclosures about Fair Value
Measurements</i>;</td>
</tr>
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="1%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>ASU 2009-16, <i>Accounting for Transfers of Financial Assets </i>(Statement of Financial Accounting
Standards (FAS) 166, <i>Accounting for Transfers of Financial
Assets — an amendment of FASB Statement No. 140</i>);</td>
</tr>
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="1%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>ASU 2009-17, <i>Improvements to Financial Reporting by Enterprises Involved with Variable
Interest Entities </i>(FAS 167, <i>Amendments to FASB Interpretation No. 46(R)</i>); and</td>
</tr>
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="1%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>ASU 2010-10, <i>Amendments for Certain Investment Funds.</i></td>
</tr>
</table>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Information about these accounting updates is further described in more detail below.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><u>ASU 2010-6</u> amends the disclosure requirements for fair value measurements. Companies are now
required to disclose significant transfers in and out of Levels 1 and 2 of the fair value
hierarchy, whereas
the previous rules only required the disclosure of transfers in and out of Level 3. Additionally,
in the
rollforward of Level 3 activity, companies must present information on purchases, sales, issuances,
and
settlements on a gross basis rather than on a net basis. The Update also clarifies that fair value
measurement disclosures should be presented for each class of assets and liabilities. A class is
typically a
subset of a line item in the statement of financial position. Companies should also provide
information
about the valuation techniques and inputs used to measure fair value for both recurring and
nonrecurring
instruments classified as either Level 2 or Level 3. We adopted this guidance in first quarter 2010
with
prospective application, except for the new requirement related to the Level 3 rollforward. Gross
presentation in the Level 3 rollforward is effective for us in first quarter 2011 with prospective
application. Our adoption of the Update did not affect our consolidated financial results since it
amends
only the disclosure requirements for fair value measurements.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><u>ASU 2009-16 (FAS 166)</u> modifies certain guidance contained in ASC 860, <i>Transfers and Servicing. </i>This
pronouncement eliminates the concept of qualifying special purpose entities (QSPEs) and provides
additional criteria transferors must use to evaluate transfers of financial assets. The Update also
requires
that any assets or liabilities retained from a transfer accounted for as a sale must be initially
recognized at
fair value. We adopted this guidance in first quarter 2010 with prospective application for
transfers that occurred on and after January 1, 2010.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><u>ASU 2009-17 (FAS 167)</u> amends several key consolidation provisions related to variable interest
entities
(VIEs), which are included in ASC 810, <i>Consolidation</i>. The scope of the new guidance includes
entities
that were previously designated as QSPEs. The Update also changes the approach companies must use
to
identify VIEs for which they are deemed to be the primary beneficiary and are required to
consolidate.
Under the new guidance, a VIE’s primary beneficiary is the entity that has the power to direct the
VIE’s
significant activities, and has an obligation to absorb losses or the right to receive benefits
that could be
potentially significant to the VIE. The Update also requires companies to continually reassess
whether
they are the primary beneficiary of a VIE, whereas the previous rules only required reconsideration
upon
the occurrence of certain triggering events. We adopted this guidance in first quarter 2010, which
resulted
in the consolidation of $18.6 billion of incremental assets onto our consolidated balance sheet and
a $183
million increase to beginning retained earnings as a cumulative effect adjustment.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">We also elected the fair value option for those newly consolidated VIEs for which our interests,
prior to January 1, 2010, were predominantly carried at fair value with changes in fair value
recorded to earnings. Accordingly, the fair value option was elected to effectively continue fair
value accounting through earnings for those interests. Conversely, we did not elect the fair value
option for those newly consolidated VIEs that did not share these characteristics. At January 1,
2010, the fair value of loans and long-term debt for which we elected the fair value option was
$1.0 billion and $1.0 billion, respectively. The incremental impact of electing the fair value
option (compared to not electing) on the cumulative effect adjustment to retained earnings was
an increase of $15 million. See Notes 7 and 12 in this Report for additional information.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">ASU 2010-10 amends consolidation accounting guidance to defer indefinitely the application of ASU
2009-17 to certain investment funds. The amendment was effective for us in first quarter 2010. As a
result, we did not consolidate any investment funds upon adoption of ASU 2009-17.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Supplemental Cash Flow Information</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Noncash activities are presented below, including information on transfers
affecting mortgages held for sale (MHFS), loans held for sale (LHFS), and MSRs.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Quarter ended March 31</td>
<td>,</td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em">Transfers from trading assets to securities available for sale
</p>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">786</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Transfers from MHFS to trading assets
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">220</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Transfers from MHFS to MSRs
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,065</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,451</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Transfers from MHFS to foreclosed assets
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>51</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">33</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Net transfers from LHFS to loans
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>149</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Transfers from loans to securities available for sale
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>2,057</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Transfers from (to) loans (from) to MHFS
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>46</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(32</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Transfers from loans to foreclosed assets
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>2,697</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,479</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Decrease in noncontrolling interests due to deconsolidation of subsidiaries
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>239</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Adoption of new consolidation accounting guidance:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Trading assets
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>155</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Securities available for sale
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(7,590</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Loans
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>25,657</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Other assets
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>193</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Short-term borrowings
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>5,127</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Long-term debt
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>13,134</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Accrued expenses and other liabilities
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(32</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Subsequent Events</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We have evaluated the effects of subsequent events that have occurred subsequent to period end
March 31, 2010. There have been no material events that would require recognition in our first
quarter 2010 consolidated financial statements or disclosure in the Notes to the financial
statements.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">On April 29, 2010, following stockholder approval, the Company amended its certificate of
incorporation to provide for an increase in the number of shares of the Company’s common stock
authorized for issuance from 6 billion to 9 billion.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left">
</div>
</div>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<!-- Begin Block Tagged Note 2 - us-gaap:BusinessCombinationDisclosureTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>2. BUSINESS COMBINATIONS</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We regularly explore opportunities to acquire financial services companies and businesses.
Generally, we do not make a public announcement about an acquisition opportunity until a definitive
agreement has been signed. For information on additional consideration related to acquisitions,
which is considered to be a guarantee, see Note 10 in this Report.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We did not complete any acquisitions in the first quarter 2010. At March 31, 2010, we had one
pending business combination with total assets of approximately $198 million. We expect to complete
this transaction during second quarter 2010.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">On December 31, 2008, Wells Fargo acquired Wachovia Corporation (Wachovia). The purchase accounting
for the Wachovia acquisition was finalized as of December 31, 2009. Costs associated with
involuntary employee termination, contract terminations and closing duplicate facilities were
recorded throughout 2009 and allocated to the purchase price. The following table summarizes the
first quarter 2010 usage of the exit reserves associated with the Wachovia acquisition.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="16" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Employee</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Contract</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Facilities</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">termination</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">termination</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">related</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Total</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em">Balance, December 31, 2009
</p>
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">355</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">58</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">344</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">757</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Cash payments / utilization</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(49</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(13</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(13</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(75</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Balance, March 31, 2010</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>306</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>45</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>331</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>682</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="16" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left">
</div>
</div>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<!-- Begin Block Tagged Note 3 - wfc:FederalFundsSoldSecuritiesPurchasedUnderResaleAgreementsAndOtherShortTermInvestmentsTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>3. FEDERAL FUNDS SOLD, SECURITIES PURCHASED UNDER RESALE AGREEMENTS AND OTHER SHORT-TERM
INVESTMENTS</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following table provides the detail of federal funds sold, securities purchased under resale
agreements and other short-term investments.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>March 31</b></td>
<td><b>,</b></td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Dec. 31</td>
<td><b>,</b></td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
<div style="margin-top:1em">Federal funds sold and securities purchased under resale agreements
</div>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>11,283</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8,042</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Interest-earning deposits
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>41,229</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">31,668</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Other short-term investments
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,680</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,175</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>54,192</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">40,885</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="8" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We pledge certain financial instruments that we own to collateralize repurchase agreements and
other securities financings. The types of collateral we pledge include securities issued by federal
agencies, government-sponsored entities (GSEs), and domestic and foreign companies. We pledged
$18.6 billion at March 31, 2010, and $14.8 billion at December 31, 2009, under agreements that
permit the secured parties to sell or repledge the collateral. Pledged collateral where the secured
party cannot sell or repledge was $771 million at March 31, 2010, and $434 million at December 31,
2009.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We receive collateral from other entities under resale agreements and securities borrowings. We
received $32.6 billion at March 31, 2010, and $31.4 billion at December 31, 2009, for which we have
the right to sell or repledge the collateral. These amounts include securities we have sold or
repledged to others with a fair value of $31.2 billion at March 31, 2010, and $29.7 billion at
December 31, 2009.
</div>
<div align="center" style="font-size: 12pt">
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left">
</div>
</div>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<!-- Begin Block Tagged Note 4 - us-gaap:AvailableForSaleSecuritiesTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>4. SECURITIES AVAILABLE FOR SALE</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following table provides the cost and fair value for the major categories of securities
available for sale carried at fair value. The net unrealized gains (losses) are reported on an
after-tax basis as a component of cumulative other comprehensive income (OCI). There were no
securities classified as held to maturity as of the periods presented.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="16" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Gross</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Gross</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">unrealized</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">unrealized</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Fair</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Cost</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">gains</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">losses</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">value</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
<div style="margin-top:1em"><b>March 31, 2010</b>
</div>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">
<div style="margin-top: 1em"><b>Securities of U.S. Treasury and federal agencies</b>
</div>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>2,324</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>36</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(10</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>2,350</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Securities of U.S. states and political subdivisions</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>15,413</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>776</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(375</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>15,814</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Mortgage-backed securities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Federal agencies</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>74,411</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,492</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(13</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>77,890</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Residential</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>20,155</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,203</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,031</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>21,327</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Commercial</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>12,316</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>875</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,320</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>11,871</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px"><b>Total mortgage-backed securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>106,882</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6,570</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(2,364</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>111,088</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Corporate debt securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>8,412</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,365</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(57</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>9,720</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Collateralized debt obligations</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>3,725</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>438</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(312</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>3,851</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Other </b>(1)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>13,470</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>849</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(335</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>13,984</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:75px; text-indent:-15px"><b>Total debt securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>150,226</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>10,034</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(3,453</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>156,807</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Marketable equity securities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Perpetual preferred securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>4,331</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>333</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(78</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>4,586</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Other marketable equity securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>528</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>567</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>1,094</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:75px; text-indent:-15px"><b>Total marketable equity securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>4,859</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>900</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(79</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>5,680</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:105px; text-indent:-15px"><b>Total</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>155,085</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>10,934</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(3,532</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>162,487</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">
<div style="margin-top: 1em">December 31, 2009
</div>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
<div style="margin-top: 1em">Securities of U.S. Treasury and federal agencies
</div>
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">2,256</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">38</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(14</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">2,280</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Securities of U.S. states and political subdivisions
</div></td>
<td> </td>
<td> </td>
<td align="right">13,212</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">683</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(365</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">13,530</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Mortgage-backed securities:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Federal agencies
</div></td>
<td> </td>
<td> </td>
<td align="right">79,542</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,285</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(9</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">82,818</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Residential
</div></td>
<td> </td>
<td> </td>
<td align="right">28,153</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,480</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,043</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">28,590</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Commercial
</div></td>
<td> </td>
<td> </td>
<td align="right">12,221</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">602</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,862</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">10,961</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px">Total mortgage-backed securities
</div></td>
<td> </td>
<td> </td>
<td align="right">119,916</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,367</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(3,914</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">122,369</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Corporate debt securities
</div></td>
<td> </td>
<td> </td>
<td align="right">8,245</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,167</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(77</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">9,335</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Collateralized debt obligations
</div></td>
<td> </td>
<td> </td>
<td align="right">3,660</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">432</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(367</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">3,725</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other (1)
</div></td>
<td> </td>
<td> </td>
<td align="right">15,025</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,099</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(245</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">15,879</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:90px; text-indent:-15px">Total debt securities
</div></td>
<td> </td>
<td> </td>
<td align="right">162,314</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,786</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(4,982</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">167,118</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Marketable equity securities:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Perpetual preferred securities
</div></td>
<td> </td>
<td> </td>
<td align="right">3,677</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">263</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(65</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">3,875</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Other marketable equity securities
</div></td>
<td> </td>
<td> </td>
<td align="right">1,072</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">654</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(9</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">1,717</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:90px; text-indent:-15px">Total marketable equity securities
</div></td>
<td> </td>
<td> </td>
<td align="right">4,749</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">917</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(74</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">5,592</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:120px; text-indent:-15px">Total
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">167,063</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,703</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(5,056</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">172,710</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="16" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Included in the “Other” category are asset-backed securities collateralized by auto leases or
loans and cash reserves with a cost basis and fair value of $7.3 billion and $7.5 billion,
respectively, at March 31, 2010, and $8.2 billion and $8.5 billion, respectively, at December 31,
2009. Also included in the “Other” category are asset-backed securities collateralized by home
equity loans with a cost basis and fair value of $1.1 billion and $1.2 billion, respectively, at
March 31, 2010, and $2.3 billion and $2.5 billion, respectively, at December 31, 2009. The
remaining balances primarily include asset-backed securities collateralized by credit cards and
student loans.</td>
</tr>
</table>
</div>
<div align="center" style="font-size: 12pt">
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">As part of our liquidity management strategy, we pledge securities to secure borrowings from the
Federal Home Loan Bank (FHLB) and the Federal Reserve Bank. We also pledge securities to secure
trust and public deposits and for other purposes as required or permitted by law. Securities
pledged where the secured party does not have the right to sell or repledge totaled $91.1 billion
at March 31, 2010, and $98.9 billion at December 31, 2009. We did not pledge any securities where
the secured party has the right to sell or repledge the collateral as of the same periods,
respectively.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Gross Unrealized Losses and Fair Value</b>
<div style="font-size: 6pt"> 
</div>
The following table shows the gross unrealized losses and fair value of securities in the
securities available-for-sale portfolio by length of time that individual securities in each
category had been in a continuous loss position. Debt securities on which we have taken only
credit-related OTTI write-downs are categorized as being “less than 12 months” or
“12 months or more” in a continuous loss position based on the point in time that the fair value
declined to below the cost basis and not the period of time since the credit-related OTTI
write-down.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="28%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="24" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Less than 12 months</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">12 months or more</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Total</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Gross</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Gross</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Gross</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">unrealized</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Fair</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">unrealized</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Fair</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">unrealized</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Fair</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">losses</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">value</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">losses</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">value</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">losses</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">value</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em"><b>March 31, 2010</b>
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em"><b>Securities of U.S. Treasury and
federal agencies</b>
</p>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"><b>$</b></td>
<td align="right"><b>(4</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>547</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(6</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>112</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(10</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>659</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Securities of U.S. states and
political subdivisions</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(73</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>1,458</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(302</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>2,733</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(375</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>4,191</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Mortgage-backed securities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Federal agencies</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(13</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>1,568</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(13</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>1,568</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Residential</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(53</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>1,492</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(978</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>5,334</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,031</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>6,826</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Commercial</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(5</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>77</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,315</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>5,835</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,320</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>5,912</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px"><b>Total mortgage-backed securities</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(71</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>3,137</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(2,293</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>11,169</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(2,364</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>14,306</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Corporate debt securities</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(10</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>277</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(47</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>354</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(57</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>631</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Collateralized debt obligations</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(12</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>462</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(300</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>544</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(312</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>1,006</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Other</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(35</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>701</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(300</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>774</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(335</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>1,475</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:90px; text-indent:-15px"><b>Total debt securities</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(205</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>6,582</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(3,248</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>15,686</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(3,453</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>22,268</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Marketable equity securities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Perpetual preferred securities</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(40</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>504</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(38</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>414</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(78</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>918</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Other marketable equity securities</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>32</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>32</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:90px; text-indent:-15px"><b>Total marketable equity securities</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(41</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>536</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(38</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>414</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(79</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>950</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:120px; text-indent:-15px"><b>Total</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"><b>$</b></td>
<td align="right"><b>(246</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>7,118</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(3,286</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>16,100</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(3,532</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>23,218</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em">December 31, 2009
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em">Securities of U.S. Treasury and
federal agencies
</p>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left">$</td>
<td align="right">(14</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">530</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(14</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">530</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Securities of U.S. states and
political subdivisions
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(55</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">1,120</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(310</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">2,826</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(365</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">3,946</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Mortgage-backed securities:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Federal agencies
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(9</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">767</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(9</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">767</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Residential
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(243</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">2,991</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,800</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">9,697</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,043</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">12,688</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Commercial
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(37</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">816</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,825</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">6,370</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,862</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">7,186</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:75px; text-indent:-15px">Total mortgage-backed securities
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(289</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">4,574</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(3,625</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">16,067</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(3,914</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">20,641</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Corporate debt securities
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(7</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">281</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(70</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">442</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(77</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">723</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Collateralized debt obligations
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(55</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">398</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(312</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">512</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(367</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">910</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(73</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">746</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(172</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">286</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(245</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">1,032</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:105px; text-indent:-15px">Total debt securities
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(493</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">7,649</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(4,489</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">20,133</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(4,982</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">27,782</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Marketable equity securities:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Perpetual preferred securities
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">93</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(64</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">527</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(65</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">620</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Other marketable equity securities
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(9</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">175</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(9</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">175</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:105px; text-indent:-15px">Total marketable equity securities
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(10</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">268</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(64</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">527</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(74</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">795</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:135px; text-indent:-15px">Total
</div></td>
<td> </td>
<td nowrap="nowrap" align="left">$</td>
<td align="right">(503</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">7,917</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(4,553</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">20,660</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(5,056</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">28,577</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="24" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">We do not have the intent to sell any securities included in the table above. For debt securities
included in the table above, we have concluded it is more likely than not that we will not be
required to sell prior to recovery of the amortized cost basis. We have assessed each security for
credit impairment. For debt securities, we evaluate, where necessary, whether credit impairment
exists by comparing the present value of the expected cash flows to the securities amortized cost
basis. For equity securities, we consider numerous factors in determining whether impairment
exists, including our intent and ability to hold the securities for a period of time sufficient to
recover the cost basis of the securities.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">For complete descriptions of the factors we consider when analyzing debt securities for impairment,
see Note 5 of the 2009 10-K. There have been no material changes to our methodologies for assessing
impairment in first quarter 2010.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Cash flow forecasts also considered, as applicable, independent industry analyst reports and
forecasts, sector credit ratings, and other independent market data.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Securities of U.S. Treasury and federal agencies</i><br />
The unrealized losses associated with U.S. Treasury and federal agency securities do not have any
credit losses due to the guarantees provided by the United States government.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Securities of U.S. states and political subdivisions</i><br />
The unrealized losses associated with securities of U.S. states and political subdivisions are
primarily driven by changes in interest rates and not due to the credit quality of the securities.
The fair value of these investments is almost exclusively investment grade. The securities were
generally underwritten in accordance with our own investment standards prior to the decision to
purchase, without relying on a bond insurer’s guarantee in making the investment decision. These
investments will continue to be monitored as part of our ongoing impairment analysis, but are
expected to perform, even if the rating agencies reduce the credit rating of the bond insurers. As
a result, we expect to recover the entire amortized cost basis of these securities.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Federal Agency Mortgage-Backed Securities (MBS)</i><br />
The unrealized losses associated with federal agency MBS are primarily driven by changes in
interest rates and not due to credit losses. These securities are issued by U.S. government or GSEs
and do not have any credit losses given the explicit or implicit government guarantee.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Residential Mortgage-Backed Securities</i><br />
The unrealized losses associated with private residential MBS are primarily driven by higher
projected collateral losses, wider credit spreads and changes in interest rates. We assess for
credit impairment using a cash flow model. The key assumptions include default rates, severities
and prepayment rates. We estimate losses to a security by forecasting
the underlying mortgage loans in each transaction. The forecasted loan performance is used to
project cash flows to the various tranches in the structure. Cash flow forecasts also considered,
as applicable, independent industry analyst reports and forecasts, sector credit ratings, and other
independent market data. Based upon our assessment of the expected credit losses of the security
given the performance of the underlying collateral compared with our credit enhancement, we expect
to recover the entire amortized cost basis of these securities.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Commercial Mortgage-Backed Securities</i><br />
The unrealized losses associated with commercial MBS are primarily driven by higher projected
collateral losses and wider credit spreads. These investments are predominantly investment grade.
We assess for credit impairment using a cash flow model. The key assumptions include default rates
and severities. We estimate losses to a security by forecasting the underlying loans in each
transaction. The forecasted loan performance is used to project cash flows to the various tranches
in the structure. Cash flow forecasts also considered, as applicable, independent industry analyst
reports and forecasts, sector credit ratings, and other independent market data. Based upon our
assessment of the expected credit losses of the security given the performance of the underlying
collateral compared with our credit enhancement, we expect to recover the entire amortized cost
basis of these securities.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Corporate Debt Securities</i><br />
The unrealized losses associated with corporate debt securities are primarily related to securities
backed by commercial loans and individual issuer companies. For securities with commercial loans as
the underlying collateral, we have evaluated the expected credit losses in the security and
concluded that we have sufficient credit enhancement when compared with our estimate of credit
losses for the individual security. For individual issuers, we evaluate the financial performance
of the issuer on a quarterly basis to determine that the issuer can make all contractual principal
and interest payments. Based upon this assessment, we expect to recover the entire cost basis of
these securities.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Collateralized Debt Obligations (CDOs)</i><br />
The unrealized losses associated with CDOs relate to securities primarily backed by commercial,
residential or other consumer collateral. The losses are primarily driven by higher projected
collateral losses and wider credit spreads. We assess for credit impairment using a cash flow
model. The key assumptions include default rates, severities and prepayment rates. Based upon our
assessment of the expected credit losses of the security given the performance of the underlying
collateral compared with our credit enhancement, we expect to recover the entire amortized cost
basis of these securities.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Other Debt Securities</i><br />
The unrealized losses associated with other debt securities primarily relate to other asset-backed
securities, which are primarily backed by auto, home equity and student loans. The losses are
primarily driven by higher projected collateral losses, wider credit spreads and changes in
interest rates. We assess for credit impairment using a cash flow model. The key assumptions
include default rates, severities and prepayment rates. Based upon our assessment of the expected
credit losses of the security given the performance of the underlying collateral compared with our
credit enhancement, we expect to recover the entire amortized cost basis of these securities.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Marketable Equity Securities</i><br />
Our marketable equity securities include investments in perpetual preferred securities, which
provide very attractive tax-equivalent yields. We evaluated these hybrid financial instruments with
investment-grade ratings for impairment using an evaluation methodology similar to that used for
debt securities. Perpetual preferred securities were not other-than-temporarily impaired at March
31, 2010, if there was no evidence of credit deterioration or investment rating downgrades of any
issuers to below investment grade, and we expected to continue to receive full contractual
payments. We will continue to evaluate the prospects for these securities for recovery in their
market value in accordance with our policy for estimating OTTI. We have recorded impairment
write-downs on perpetual preferred securities where there was evidence of credit deterioration.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">The fair values of our investment securities could decline in the future if the underlying
performance of the collateral for the residential and commercial MBS or other securities
deteriorate and our credit enhancement levels do not provide sufficient protection to our
contractual principal and interest. As a result, there is a risk that significant OTTI may occur in
the future given the current economic environment.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following table shows the gross unrealized losses and fair value of debt and perpetual
preferred securities available for sale by those rated investment grade and those rated less than
investment grade, according to their lowest credit rating by Standard & Poor’s Rating Services
(S&P) or Moody’s Investors Service (Moody’s). Credit ratings express opinions about the credit
quality of a security. Securities rated investment grade, that is those rated BBB- or higher by S&P
or Baa3 or higher by Moody’s, are generally considered by the rating agencies and market
participants to be low credit risk. Conversely, securities rated below investment grade, labeled as
“speculative grade” by the rating agencies, are considered to be distinctively higher credit risk
than investment grade securities. We have also included securities not rated by S&P or Moody’s in
the table below based on the internal credit grade of the securities (used for credit risk
management purposes) equivalent to the credit rating assigned by major credit agencies. There were
no unrated securities included in investment grade in a loss position as of March 31, 2010, or
December 31, 2009. If an internal credit grade was not assigned, we categorized the security as
non-investment grade.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="16" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Investment grade</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Non-investment grade</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Gross</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Gross</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">unrealized</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Fair</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">unrealized</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Fair</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">losses</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">value</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">losses</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">value</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"><b> </b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em"><b>March 31, 2010</b>
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em"><b>Securities of U.S. Treasury and federal agencies</b>
</p>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"><b>$</b></td>
<td align="right"><b>(10</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>659</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Securities of U.S. states and political subdivisions</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(267</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>3,497</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(108</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>694</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Mortgage-backed securities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Federal agencies</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(13</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>1,568</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Residential</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(78</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>1,431</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(953</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>5,395</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Commercial</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(723</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>5,207</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(597</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>705</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Total mortgage-backed securities</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(814</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>8,206</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,550</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>6,100</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Corporate debt securities</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(29</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>181</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(28</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>450</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Collateralized debt obligations</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(80</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>589</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(232</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>417</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Other</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(66</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>725</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(269</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>750</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px"><b>Total debt securities</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,266</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>13,857</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(2,187</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>8,411</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Perpetual preferred securities</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(78</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>918</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:90px; text-indent:-15px"><b>Total</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"><b>$</b></td>
<td align="right"><b>(1,344</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>14,775</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(2,187</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>8,411</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em">December 31, 2009
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em">Securities of U.S. Treasury and federal agencies
</p>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left">$</td>
<td align="right">(14</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">530</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Securities of U.S. states and political subdivisions
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(275</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">3,621</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(90</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">325</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Mortgage-backed securities:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Federal agencies
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(9</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">767</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Residential
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(480</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">5,661</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,563</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">7,027</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Commercial
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,247</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">6,543</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(615</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">643</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Total mortgage-backed securities
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,736</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">12,971</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,178</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">7,670</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Corporate debt securities
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(31</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">260</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(46</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">463</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Collateralized debt obligations
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(104</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">471</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(263</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">439</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Other
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(85</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">644</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(160</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">388</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:75px; text-indent:-15px">Total debt securities
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,245</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">18,497</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,737</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">9,285</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Perpetual preferred securities
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(65</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">620</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:105px; text-indent:-15px">Total
</div></td>
<td> </td>
<td nowrap="nowrap" align="left">$</td>
<td align="right">(2,310</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">19,117</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,737</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">9,285</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="16" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Contractual Maturities</b>
<div style="font-size: 6pt"> 
</div>
The following table shows the remaining contractual principal maturities and contractual yields of
debt securities available for sale. The remaining contractual principal maturities for MBS were
determined assuming no prepayments. Remaining expected maturities will differ from contractual
maturities because borrowers may have the right to prepay obligations before the underlying
mortgages mature.
</div>
<div align="center">
<table style="font-size: 8pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="20%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="40" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="30" style="border-bottom: 1px solid #000000">Remaining contractual principal maturity</td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Weighted-</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6">After one year</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6">After five years</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Total</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">average</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Within one year</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">through five years</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">through ten years</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">After ten years</td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">amount</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">yield</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Amount</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Yield</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Amount</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Yield</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Amount</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Yield</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Amount</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Yield</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="40" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em"><b>March 31,
2010</b>
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em"><b>Securities of U.S. Treasury and
federal agencies</b>
</p>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>2,350</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>2.80</b></td>
<td nowrap="nowrap"><b>%</b></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>342</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>0.83</b></td>
<td nowrap="nowrap"><b>%</b></td>
<td> </td>
<td nowrap="nowrap" align="left"><b>$</b></td>
<td align="right"><b>766</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2.14</b></td>
<td nowrap="nowrap"><b>%</b></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,236</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>3.74</b></td>
<td nowrap="nowrap"><b>%</b></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>6</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>4.04</b></td>
<td nowrap="nowrap"><b>%</b></td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Securities of U.S. states and
political subdivisions</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>15,814</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6.26</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>733</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3.05</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,219</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.39</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,431</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6.14</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>12,431</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6.54</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Mortgage-backed securities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Federal agencies</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>77,890</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.51</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>9</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4.73</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>48</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6.18</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>235</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.62</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>77,598</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.50</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Residential</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>21,327</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.32</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>114</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>0.46</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>259</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.67</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>20,954</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.34</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Commercial</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>11,871</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.33</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>88</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>0.69</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>73</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.57</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>225</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.20</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>11,485</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.37</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="5" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px"><b>Total mortgage-backed
securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>111,088</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.45</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>97</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1.06</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>235</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3.21</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>719</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.51</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>110,037</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.46</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="5" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Corporate debt securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>9,720</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.61</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>704</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4.03</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,827</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.83</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,258</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.76</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>931</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.16</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Collateralized debt obligations</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>3,851</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1.54</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>544</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4.05</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,954</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1.38</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,353</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>0.76</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Other</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>13,984</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4.23</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,265</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.05</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6,249</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5.48</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>833</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2.48</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,637</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1.76</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="5" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:75px; text-indent:-15px"><b>Total debt securities at
fair value </b>(1)
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>156,807</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>5.30</b></td>
<td nowrap="nowrap"><b>%</b></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>5,141</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>4.27</b></td>
<td nowrap="nowrap"><b>%</b></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>12,840</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>5.27</b></td>
<td nowrap="nowrap"><b>%</b></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>10,431</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>4.47</b></td>
<td nowrap="nowrap"><b>%</b></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>128,395</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>5.41</b></td>
<td nowrap="nowrap"><b>%</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="40" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em">December 31, 2009
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em">Securities of U.S. Treasury and
federal agencies
</p>
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">2,280</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">2.80</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td align="left">$</td>
<td align="right">413</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">0.79</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td nowrap="nowrap" align="left">$</td>
<td align="right">669</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2.14</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td align="left">$</td>
<td align="right">1,192</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">3.87</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td align="left">$</td>
<td align="right">6</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">4.03</td>
<td nowrap="nowrap">%</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Securities of U.S. states and
political subdivisions
</div></td>
<td> </td>
<td> </td>
<td align="right">13,530</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6.75</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">77</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7.48</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">703</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6.88</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,055</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6.56</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11,695</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6.76</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Mortgage-backed securities:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Federal agencies
</div></td>
<td> </td>
<td> </td>
<td align="right">82,818</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.50</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4.68</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">50</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.91</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">271</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.56</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">82,485</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.50</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Residential
</div></td>
<td> </td>
<td> </td>
<td align="right">28,590</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.40</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">51</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4.80</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">115</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">0.45</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">283</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.69</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">28,141</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.41</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Commercial
</div></td>
<td> </td>
<td> </td>
<td align="right">10,961</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.29</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">85</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">0.68</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">71</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.55</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">169</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.66</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,636</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.32</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="5" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px">Total mortgage-backed
securities
</div></td>
<td> </td>
<td> </td>
<td align="right">122,369</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.46</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">148</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2.44</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">236</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3.14</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">723</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.63</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">121,262</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.46</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="5" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Corporate debt securities
</div></td>
<td> </td>
<td> </td>
<td align="right">9,335</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.53</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">684</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4.00</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,937</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.68</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,959</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.68</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">755</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.32</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Collateralized debt obligations
</div></td>
<td> </td>
<td> </td>
<td align="right">3,725</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1.70</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.53</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">492</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4.48</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,837</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1.56</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,394</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">0.90</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Other
</div></td>
<td> </td>
<td> </td>
<td align="right">15,879</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4.22</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,128</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.62</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,762</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.96</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">697</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2.46</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,292</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1.33</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="5" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000; border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:75px; text-indent:-15px">Total debt securities at
fair value (1)
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">167,118</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">5.33</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td align="left">$</td>
<td align="right">3,452</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">4.63</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td align="left">$</td>
<td align="right">13,799</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">5.64</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td align="left">$</td>
<td align="right">9,463</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">4.51</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td align="left">$</td>
<td align="right">140,404</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">5.37</td>
<td nowrap="nowrap">%</td>
</tr>
<tr style="font-size: 1px">
<td colspan="40" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="40" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>The weighted-average yield is computed using the contractual coupon of each security weighted
based on the fair value of each security.</td>
</tr>
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Realized Gains and Losses</b>
<div style="font-size: 6pt"> 
</div>
The following table shows the gross realized gains and losses on sales from the securities
available-for-sale portfolio, including marketable equity securities. Realized losses include OTTI
write-downs.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Quarter ended March 31</td>
<td>,</td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Gross realized gains
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>184</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">294</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Gross realized losses
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(121</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(370</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Net realized gains (losses)
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>63</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(76</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Other-Than-Temporary Impairment</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following table shows the detail of OTTI write-downs included in earnings for debt securities
and marketable and nonmarketable equity securities.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Quarter ended March 31</td>
<td>,</td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em"><b>OTTI write-downs included in earnings</b>
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Debt securities:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">U.S. states and political subdivisions
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>5</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Residential mortgage-backed securities
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>39</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">178</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Commercial mortgage-backed securities
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>13</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Corporate debt securities
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">31</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Collateralized debt obligations
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>6</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">50</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Other debt securities
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>28</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:90px; text-indent:-15px">Total debt securities
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>92</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">269</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><p style="margin-top:1em">Equity securities:
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Marketable equity securities:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px">Perpetual preferred securities
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>14</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">27</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px">Other marketable equity securities
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">16</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:75px; text-indent:-15px">Total marketable equity securities
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>14</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">43</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Nonmarketable equity securities
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>91</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">204</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:90px; text-indent:-15px">Total equity securities
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>105</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">247</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:105px; text-indent:-15px">Total OTTI write-downs included in earnings
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>197</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">516</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following table shows the detail of OTTI write-downs on debt securities available for sale
included in earnings and the changes in OCI.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Quarter ended March 31</td>
<td>,</td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em"><b>OTTI on debt securities</b>
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Recorded as part of gross realized losses:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Credit-related OTTI
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>89</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">263</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Securities we intend to sell
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>3</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px">Total recorded as part of gross realized losses
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>92</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">269</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><p style="margin-top:1em">Recorded directly to OCI for non-credit-related impairment:
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">U.S. states and political subdivisions
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(4</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Residential mortgage-backed securities
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>26</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">314</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Commercial mortgage-backed securities
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(2</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">7</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Collateralized debt obligations
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>59</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">13</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Other debt securities
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(17</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px">Total recorded directly to OCI for non-credit-related impairment (1)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>62</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">334</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:75px; text-indent:-15px">Total OTTI on debt securities
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>154</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">603</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Represents amounts recorded to OCI on debt securities in periods OTTI write-downs have
occurred. Changes in fair value in subsequent periods on such securities, to the extent not
subsequently impaired in those periods, are not reflected in this balance.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Securities that were determined to be credit impaired during the current quarter as opposed to prior
quarters, in general have experienced further degradation in expected cash flows primarily due to
higher loss forecasts.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Other-Than-Temporarily Impaired Debt Securities</b>
<div style="font-size: 6pt"> 
</div>
We recognize OTTI for debt securities classified as available for sale in accordance with FASB ASC
320, <i>Investments — Debt and Equity Securities</i>, which requires that we assess whether we intend to
sell or it is more likely than not that we will be required to sell a security before recovery of
its amortized cost basis less any current-period credit losses. For debt securities that are
considered other-than-temporarily impaired and that we do not intend to sell and will not be
required to sell prior to recovery of our amortized cost basis, we separate the amount of the
impairment into the amount that is credit related (credit loss component) and the amount due to all
other factors. The credit loss component is recognized in earnings and is the difference between
the security’s amortized cost basis and the present value of its expected future cash flows
discounted at the security’s effective yield. The remaining difference between the security’s fair
value and the present value of future expected cash flows is due to factors that are not credit
related and, therefore, is not required to be recognized as losses in the income statement, but is
recognized in OCI. We believe that we will fully collect the carrying value of securities on which
we have recorded a non-credit-related impairment in OCI.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following table presents a roll-forward of the credit loss component recognized in earnings
(referred to as “credit-impaired” debt securities). The credit loss component of the amortized cost
represents the difference between the present value of expected future cash flows and the amortized
cost basis of the security prior to considering credit losses. The beginning balance for 2009
represents the credit loss component for debt securities for which OTTI occurred prior to January
1, 2009. OTTI recognized in earnings for credit-impaired debt securities is presented as additions
in two components based upon whether the current period is the first time the debt security was
credit-impaired (initial credit impairment) or is not the first time the debt security was credit
impaired (subsequent credit impairments). The credit loss component is reduced if we sell, intend
to sell or believe we will be required to sell previously credit-impaired debt securities.
Additionally, the credit loss component is reduced if we receive or expect to receive cash flows in
excess of what we previously expected to receive over the remaining life of the credit-impaired
debt security, the security matures or is fully written down.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">Changes in the credit loss component of credit-impaired debt securities were:
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Quarter ended March 31</td>
<td>,</td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left" style="border-bottom: 1px solid #000000">(in millions)</td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 1px solid #000000"><b>2010</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 1px solid #000000">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em"><b>Balance, beginning of quarter</b>
</p>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,187</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">471</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Additions (1):
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Initial credit impairments
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>20</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">197</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Subsequent credit impairments
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>69</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">66</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Reductions:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">For securities sold
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(25</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(7</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">For securities derecognized resulting from adoption of new consolidation accounting guidance
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(242</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">For increases in expected cash flows
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(7</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Balance, end of quarter</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,002</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">727</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Excludes $3 million and $6 million for the quarters ended March 31, 2010 and 2009,
respectively, of OTTI on debt securities we intend to sell.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">For asset-backed securities (e.g., residential MBS), we estimated expected future cash flows of the
security by estimating the expected future cash flows of the underlying collateral and applying
those collateral cash flows, together with any credit enhancements such as subordinated interests
owned by third parties, to the security. The expected future cash flows of the underlying
collateral are determined using the remaining contractual cash flows adjusted for future expected
credit losses (which consider current delinquencies and nonperforming assets, future expected
default rates and collateral value by vintage and geographic region) and prepayments. The expected
cash flows of the security are then discounted at the interest rate used to recognize interest
income on the security to arrive at a present value amount. Total credit impairment losses were $39
million for the quarter ended March 31, 2010, all of which were recorded on non-investment grade
securities, and $174 million for the quarter ended March 31, 2009, of which $167 million were
recorded on non-investment grade securities. This does not include OTTI recorded on those
securities that we intend to sell. The table below presents a summary of the significant inputs
considered in determining the measurement of the credit loss component recognized in earnings for
residential MBS.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Non-agency residential MBS – non-investment grade</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Quarter ended March 31</td>
<td>,</td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em">Expected remaining life of loan losses (1):
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Range (2)
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td nowrap="nowrap" align="right"><b>2 - 36</b></td>
<td nowrap="nowrap"><b>%</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right">0 - 34</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Credit impairment distribution (3):
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">0 - 10% range
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>53</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">72</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">10 - 20% range
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>20</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">27</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">20 - 30% range
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>22</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Greater than 30%
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>5</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Weighted average (4)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>10</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em">Current subordination levels (5):
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Range (2)
</div></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right"><b>0 - 22</b></td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right">0 - 20</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Weighted average (4)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>7</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em">Prepayment speed (annual CPR (6)):
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Range (2)
</div></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right"><b>3 - 13</b></td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right">7 - 25</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Weighted average (4)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>8</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">16</td>
<td> </td>
</tr>
<tr style="font-size: 1px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Represents future expected credit losses on underlying pool of loans expressed as a
percentage of total current outstanding loan balance.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Represents the range of inputs/assumptions based upon the individual securities within each
category.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(3)</td>
<td> </td>
<td>Represents distribution of credit impairment losses recognized in earnings categorized based
on range of expected remaining life of loan losses. For example, 53% of
credit impairment losses recognized in earnings for the quarter ended March 31, 2010, had
expected remaining life of loan loss assumptions of 0 to 10%.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(4)</td>
<td> </td>
<td>Calculated by weighting the relevant input/assumption for each individual security by current
outstanding amortized cost basis of the security.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(5)</td>
<td> </td>
<td>Represents current level of credit protection (subordination) for the securities, expressed
as a percentage of total current underlying loan balance.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(6)</td>
<td> </td>
<td>Constant prepayment rate.</td>
</tr>
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left">
</div>
</div>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<!-- Begin Block Tagged Note 5 - us-gaap:LoansNotesTradeAndOtherReceivablesDisclosureTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>5. LOANS AND ALLOWANCE FOR CREDIT LOSSES</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following table presents the major categories of loans outstanding including those subject to
accounting guidance for PCI loans. Certain loans acquired in the Wachovia acquisition are accounted
for as PCI loans and are included below, net of any remaining purchase accounting adjustments.
Outstanding balances of all other loans are presented net of unearned income, net deferred loan
fees, and unamortized discount and premium totaling $13.8 billion at March 31, 2010, and $14.6
billion, at December 31, 2009.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="28%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="24" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="10" style="border-bottom: 1px solid #000000"><b>March 31, 2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="10" style="border-bottom: 1px solid #000000">Dec. 31, 2009</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>All</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">All</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>PCI</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>other</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">PCI</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">other</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>loans</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>loans</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Total</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">loans</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">loans</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Total</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Commercial and commercial real estate:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Commercial
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,431</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>149,156</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>150,587</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,911</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">156,441</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">158,352</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Real estate mortgage
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>5,252</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>99,262</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>104,514</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,631</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">99,167</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">104,798</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Real estate construction
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>3,538</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>24,299</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>27,837</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,713</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">25,994</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">29,707</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Lease financing
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>13,887</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>13,887</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">14,210</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">14,210</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Total commercial and commercial real estate
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>10,221</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>286,604</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>296,825</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11,255</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">295,812</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">307,067</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Consumer:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Real estate 1-4 family first mortgage
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>37,378</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>203,150</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>240,528</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">38,386</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">191,150</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">229,536</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Real estate 1-4 family junior lien mortgage
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>315</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>103,485</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>103,800</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">331</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">103,377</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">103,708</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Credit card
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>22,525</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>22,525</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">24,003</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">24,003</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Other revolving credit and installment
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>89,463</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>89,463</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">89,058</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">89,058</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Total consumer
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>37,693</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>418,623</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>456,316</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">38,717</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">407,588</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">446,305</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Foreign
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,593</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>26,696</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>28,289</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,733</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">27,665</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">29,398</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Total loans
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>49,507</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>731,923</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>781,430</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">51,705</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">731,065</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">782,770</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="24" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We pledge loans to secure borrowings from the FHLB and the Federal Reserve Bank as part of our
liquidity management strategy. Loans pledged where the secured party does not have the right to
sell or repledge totaled $318.3 billion at March 31, 2010, and $312.6 billion at December 31, 2009.
We did not have any pledged loans where the secured party has the right to sell or repledge for the
same respective periods.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The total allowance reflects management’s estimate of credit losses inherent in the loan portfolio
at the balance sheet date. We consider the allowance for credit losses of $25.7 billion adequate to
cover credit losses inherent in the loan portfolio, including unfunded credit commitments, at March
31, 2010.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">The allowance for credit losses consists of the allowance for loan losses and the reserve for
unfunded credit commitments. Changes in the allowance for credit losses were:
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Quarter ended March 31</td>
<td nowrap="nowrap" align="left">,</td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Balance, beginning of quarter</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>25,031</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">21,711</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Provision for credit losses
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>5,330</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,558</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Adjustment for passage of time on certain impaired loans (1)
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(74</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Loan charge-offs:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Commercial and commercial real estate:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Commercial
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(767</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(596</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Real estate mortgage
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(337</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(31</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Real estate construction
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(349</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(105</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Lease financing
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(34</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(20</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px">Total commercial and commercial real estate
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,487</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(752</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Consumer:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Real estate 1-4 family first mortgage
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,397</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(424</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Real estate 1-4 family junior lien mortgage
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,496</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(873</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Credit card
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(696</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(622</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Other revolving credit and installment
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(750</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(900</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px">Total consumer
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(4,339</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,819</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Foreign
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(47</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(54</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:75px; text-indent:-15px">Total loan charge-offs
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(5,873</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(3,625</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Loan recoveries:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Commercial and commercial real estate:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Commercial
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>117</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">40</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Real estate mortgage
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>10</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Real estate construction
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>11</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Lease financing
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>5</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px">Total commercial and commercial real estate
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>143</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">55</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Consumer:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Real estate 1-4 family first mortgage
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>86</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">33</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Real estate 1-4 family junior lien mortgage
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>47</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">26</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Credit card
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>53</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">40</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Other revolving credit and installment
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>203</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">204</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px">Total consumer
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>389</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">303</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Foreign
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>11</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:75px; text-indent:-15px">Total loan recoveries
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>543</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">367</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:90px; text-indent:-15px">Net loan charge-offs (2)
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(5,330</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(3,258</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Allowances related to business combinations/other (3)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>699</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(165</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Balance, end of quarter</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>25,656</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">22,846</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Components:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Allowance for loan losses
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>25,123</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">22,281</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Reserve for unfunded credit commitments
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>533</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">565</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Allowance for credit losses
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>25,656</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">22,846</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Net loan charge-offs (annualized) as a percentage of average
total loans (2)
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>2.71</b></td>
<td nowrap="nowrap"><b>%</b></td>
<td> </td>
<td> </td>
<td align="right">1.54</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Allowance for loan losses as a percentage of total loans (4)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>3.22</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2.64</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Allowance for credit losses as a percentage of total loans (4)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>3.28</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2.71</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 3px solid #000000"> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Certain impaired loans have a valuation allowance determined by discounting expected cash
flows at the respective loan’s effective interest rate. Accordingly, the
valuation allowance for these impaired loans reduces with the passage of time and that
reduction is recognized as interest income.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>For PCI loans, charge-offs are only recorded to the extent that losses exceed the purchase
accounting estimates.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(3)</td>
<td> </td>
<td>Includes $693 million related to the adoption of new consolidation accounting guidance on
January 1, 2010.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(4)</td>
<td> </td>
<td>The allowance for credit losses include $247 million at March 31, 2010, and none at March 31,
2009, related to PCI loans acquired from Wachovia. Loans
acquired from Wachovia are included in total loans net of related purchase accounting net
write-downs.</td>
</tr>
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">We consider a loan to be impaired under the accounting guidance for loan impairment provisions
when, based on current information and events, we determine that we will not be able to collect all
amounts due according to the loan contract, including scheduled interest payments. We assess and
account for as impaired certain nonaccrual commercial, commercial real estate (CRE) and foreign
loan exposures that are over $5 million and certain consumer, commercial, CRE and foreign loans
whose terms have been modified in a troubled debt restructuring (TDR). The recorded investment in
impaired loans and the methodology used to measure impairment was:
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>March 31</b></td>
<td nowrap="nowrap" align="left">,</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Dec. 31</td>
<td nowrap="nowrap" align="left">,</td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em">Impairment measurement based on:
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Collateral value method
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>537</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">561</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Discounted cash flow method (1)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>16,905</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">15,217</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Total (2)
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>17,442</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">15,778</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="8" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Includes $617 million at March 31, 2010, and $501 million at December 31, 2009, of Government
National Mortgage Association (GNMA) loans that are insured by the
Federal Housing Administration (FHA) or guaranteed by the Department of Veterans Affairs (VA).
Although both principal and interest are insured, the insured interest
rate may be different than the original contractual interest rate prior to modification,
resulting in interest impairment under a discounted cash flow methodology.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Includes $16.2 billion and $15.0 billion of impaired loans with a related allowance of
$3.2 billion and $2.8 billion at March 31, 2010, and December 31, 2009,
respectively. The remaining impaired loans do not have a specific impaired allowance
associated with them.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The average recorded investment in these impaired loans was $17.1 billion in first quarter
2010 and $14.7 billion in fourth quarter 2009.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Purchased Credit-Impaired Loans</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">PCI loans had an unpaid principal balance of $79.6 billion at March 31, 2010, and $83.6 billion at
December 31, 2009, and a carrying value, before the deduction of the allowance for loan losses, of
$49.5 billion and $51.7 billion, respectively.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The excess of cash flows expected to be collected over the initial fair value of PCI loans is
referred to as the accretable yield and is accreted into interest income over the estimated life of the PCI loans
using the effective yield method. The accretable yield will change due to:
</div>
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 12pt; text-align: left">
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="1%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>estimate of the remaining life of PCI loans which may change the amount of future interest
income, and possibly principal, expected to be collected;</td>
</tr>
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="1%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>estimate of the amount of contractually required principal and interest payments over the
estimated life that will not be collected (the nonaccretable difference); and</td>
</tr>
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="1%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>indices for PCI loans with variable rates of interest.</td>
</tr>
</table>
<div align="left" style="font-size: 12pt; margin-top: 10pt">For PCI loans, the impact of loan modifications is included in the evaluation of expected cash
flows for subsequent decreases or increases of cash flows. For variable rate PCI loans, expected future cash
flows will be recalculated as the rates adjust over the lives of the loans. At acquisition, the expected
future cash flows were based on the variable rates that were in effect at that time. The change in the
accretable yield related to PCI loans is presented in the following table.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Quarter ended</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Year ended</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Mar. 31</b></td>
<td nowrap="nowrap" align="left">,</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Dec. 31</td>
<td nowrap="nowrap" align="left">,</td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em">Balance, beginning of period
</p>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"><b>$</b></td>
<td align="right"><b>(14,559</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(10,447</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><p style="margin-top: 1em">
Accretion
</p>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>686</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,606</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Reclassification from nonaccretable difference for loans with improving cash flows
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(668</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(441</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Changes in expected cash flows that do not affect nonaccretable difference (1)
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,262</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(6,277</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Balance, end of period</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"><b>$</b></td>
<td align="right"><b>(15,803</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(14,559</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="8" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Represents changes in interest cash flows due to the impact of modifications incorporated
into the quarterly assessment of expected future cash flows and/or changes in interest
rates on variable rate PCI loans.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">When it is estimated that the expected cash flows have decreased subsequent to acquisition for
a PCI loan or pool of loans, an allowance is established and a provision for additional loss is recorded
as a charge to income. The following table summarizes the changes in allowance for PCI loan losses.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="16" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Commercial</td>
<td nowrap="nowrap" align="left">,</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">CRE and</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Other</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">foreign</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Pick-a-Pay</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">consumer</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Total</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-bottom: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em">Balance, December 31, 2008
</p>
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><p style="margin-top: 1em">
Provision for losses due to credit deterioration
</p>
</div></td>
<td> </td>
<td> </td>
<td align="right">850</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">853</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Charge-offs
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(520</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(520</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-bottom: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Balance, December 31, 2009</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>330</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>333</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><p style="margin-top: 1em">
<b>Provision for losses due to credit deterioration</b>
</p>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>152</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>13</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>165</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Charge-offs</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(251</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(251</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-bottom: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Balance, March 31, 2010</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>231</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>16</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>247</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="16" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left">
</div>
</div>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<!-- Begin Block Tagged Note 6 - wfc:OtherAssetsTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>6. OTHER ASSETS</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The components of other assets were:
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>March 31</b></td>
<td nowrap="nowrap" align="left">,</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Dec. 31</td>
<td nowrap="nowrap" align="left">,</td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Nonmarketable equity investments:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Cost method:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Private equity investments
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>3,797</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,808</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Federal bank stock
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>6,150</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,985</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px">Total cost method
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>9,947</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,793</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Equity method
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>6,371</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,138</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Principal investments (1)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>377</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,423</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:75px; text-indent:-15px">Total nonmarketable equity investments
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>16,695</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">16,354</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Corporate/bank-owned life insurance
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>19,601</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">19,515</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Accounts receivable
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>18,448</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">20,565</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Interest receivable
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>5,256</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,946</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Core deposit intangibles
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>10,305</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,774</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Customer relationship and other amortized intangibles
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>2,068</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,154</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Net deferred tax assets
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,483</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,212</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Foreclosed assets:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">GNMA loans (2)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,111</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">960</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Other
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>2,970</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,199</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Operating lease assets
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>2,253</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,395</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Due from customers on acceptances
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>656</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">810</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>14,755</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">19,296</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:90px; text-indent:-15px">Total other assets
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>95,601</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">104,180</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="8" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Principal investments are recorded at fair value with realized and unrealized gains (losses)
included in net gains (losses) from equity investments in the income statement.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Consistent with regulatory reporting requirements, foreclosed assets include foreclosed real
estate securing GNMA loans. Both principal and interest for GNMA loans
secured by the foreclosed real estate are collectible because the GNMA loans are insured by
the FHA or guaranteed by the VA.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Income related to nonmarketable equity investments was:
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Quarter ended March 31</td>
<td nowrap="nowrap" align="left">,</td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Net gains (losses) from:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Private equity investments
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"><b>$</b></td>
<td align="right"><b>(1</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(220</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Principal investments
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>9</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(8</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">All other nonmarketable equity investments
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(17</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(49</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Net losses from nonmarketable equity investments
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"><b>$</b></td>
<td align="right"><b>(9</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(277</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="8" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="center" style="font-size: 12pt">
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left">
</div>
</div>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<!-- Begin Block Tagged Note 7 - wfc:SecuritizationsAndVariableInterestEntitiesTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>7. SECURITIZATIONS AND VARIABLE INTEREST ENTITIES</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Involvement with SPEs</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 0pt">In the normal course of business, we enter into various types of on- and off-balance sheet
transactions with special purpose entities (SPEs), which are corporations, trusts or partnerships that are
established for a limited purpose. Historically, the majority of SPEs were formed in connection with securitization
transactions. In a securitization transaction, assets from our balance sheet are transferred to an
SPE, which then issues to investors various forms of interests in those assets and may also enter into
derivative transactions. In a securitization transaction, we typically receive cash and/or other interests in
an SPE as proceeds for the assets we transfer. Also, in certain transactions, we may retain the right to
service the transferred receivables and to repurchase those receivables from the SPE if the outstanding balance
of the receivables falls to a level where the cost exceeds the benefits of servicing such receivables. In
addition, we may purchase the right to service loans in a SPE that were transferred to the SPE by a third
party.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">In connection with our securitization activities, we have various forms of ongoing involvement with SPEs, which may include:
</div>
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 12pt; text-align: left">
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="1%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>underwriting securities issued by SPEs and subsequently making markets in those securities;</td>
</tr>
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="1%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>providing liquidity facilities to support short-term obligations of SPEs issued to third party
investors;</td>
</tr>
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="1%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>providing credit enhancement on securities issued by SPEs or market value guarantees of assets
held by SPEs through the use of letters of credit, financial guarantees, credit default swaps and
total return swaps;</td>
</tr>
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="1%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>entering into other derivative contracts with SPEs;</td>
</tr>
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="1%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>holding senior or subordinated interests in SPEs;</td>
</tr>
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="1%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>acting as servicer or investment manager for SPEs; and</td>
</tr>
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="1%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>providing administrative or trustee services to SPEs.</td>
</tr>
</table>
<div align="left" style="font-size: 12pt; margin-top: 10pt">SPEs are generally considered variable interest entities (VIEs). A VIE is an entity that has either
a total equity investment that is insufficient to permit the entity to finance its activities without
additional subordinated financial support or whose equity investors lack the characteristics of a controlling
financial interest. Under existing accounting guidance, a VIE is consolidated by its primary beneficiary, the
party that has both the power to direct the activities that most significantly impact the VIE and a
variable interest that could potentially be significant to the VIE. A variable interest is a contractual,
ownership or other interest that changes with changes in the fair value of the VIE’s net assets. To determine
whether or not a variable interest we hold could potentially be significant to the VIE, we consider both
qualitative and quantitative factors regarding the nature, size and form of our involvement with the VIE.
</div>
<div align="center" style="font-size: 12pt">
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">The classifications of assets and liabilities in our balance sheet associated with our transactions
with VIEs follow:
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="16" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Transfers that</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">VIEs that we</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">VIEs</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">we account</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">do not</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">that we</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">for as secured</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">consolidate</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">consolidate</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">borrowings</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Total</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
<div style="margin-top: 1em"><b>March 31,
2010</b>
</div>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">
<div style="margin-top: 1em"><b>Cash</b>
</div>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>359</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>308</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>667</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Trading account assets</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>5,828</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>80</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>33</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5,941</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Securities </b>(1)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>26,971</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,833</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>7,212</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>36,016</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Loans </b>(2)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>12,637</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>23,389</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,943</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>37,969</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Mortgage servicing rights</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>13,801</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>13,801</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Other assets</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>3,391</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,269</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>69</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5,729</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Total assets</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>62,628</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>27,930</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>9,565</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>100,123</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Short-term borrowings</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5,147</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6,813</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>11,960</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Accrued expenses and other liabilities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>3,072</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>695</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>8</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,775</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Long-term debt</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>11,295</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,882</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>13,177</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Total liabilities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>3,072</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>17,137</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>8,703</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>28,912</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Noncontrolling interests</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>46</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>46</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Net assets</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>59,556</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>10,747</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>862</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>71,165</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
<div style="margin-top: 1em">December 31,
2009
</div>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">
<div style="margin-top: 1em">Cash
</div>
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">273</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">328</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">601</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Trading account assets
</div></td>
<td> </td>
<td> </td>
<td align="right">6,097</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">77</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">35</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,209</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Securities (1)
</div></td>
<td> </td>
<td> </td>
<td align="right">35,186</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,794</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,126</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">44,106</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Loans (2)
</div></td>
<td> </td>
<td> </td>
<td align="right">15,698</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">561</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,007</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">18,266</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Mortgage servicing rights
</div></td>
<td> </td>
<td> </td>
<td align="right">16,233</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">16,233</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Other assets
</div></td>
<td> </td>
<td> </td>
<td align="right">5,604</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,595</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">68</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8,267</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Total assets
</div></td>
<td> </td>
<td> </td>
<td align="right">78,818</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,300</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,564</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">93,682</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Short-term borrowings
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">351</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,996</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,347</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Accrued expenses and other liabilities
</div></td>
<td> </td>
<td> </td>
<td align="right">3,352</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">708</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,864</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8,924</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Long-term debt
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,448</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,938</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,386</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Total liabilities
</div></td>
<td> </td>
<td> </td>
<td align="right">3,352</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,507</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8,798</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">14,657</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Noncontrolling interests
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">68</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">68</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Net assets
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">75,466</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,725</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">766</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">78,957</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="16" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Excludes certain debt securities related to loans serviced for the Federal National Mortgage
Association (FNMA), Federal Home Loan Mortgage Corporation (FHLMC) and GNMA.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Excludes related allowance for loan losses.</td>
</tr>
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Securitization activity</b><br />
We use VIEs to securitize consumer and CRE loans and other types of financial assets, including
student
loans, auto loans and municipal bonds. We typically retain the servicing rights from these sales
and may
continue to hold other beneficial interests in the VIEs. We may also provide liquidity to investors
in the
beneficial interests and credit enhancements in the form of standby letters of credit. Through
these
securitizations we may be exposed to liability under limited amounts of recourse as well as
standard
representations and warranties we make to purchasers and issuers.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We recognized net gains of $2 million from sales of financial assets in securitizations in first
quarter
2010, and net losses of $4 million in first quarter 2009. Additionally, we had the following cash
flows
with our securitization trusts.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="16" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="14" style="border-bottom: 1px solid #000000"><br />Quarter ended March 31</td>
<td>,</td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">2009</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Other</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Other</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Mortgage</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>financial</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Mortgage</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">financial</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>loans</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>assets</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">loans</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">assets</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Sales proceeds from securitizations (1)
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>82,322</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">81,178</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Servicing fees
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,040</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>9</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,000</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">18</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Other interests held
</div></td>
<td> </td>
<td> </td>
<td align="right"><b> 407</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>176</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">495</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">79</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Purchases of delinquent assets
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">13</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Net servicing advances
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>19</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">62</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Represents cash flow data for all loans securitized in the periods presented.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">First quarter 2010 sales with continuing involvement predominantly relate to conforming residential
mortgage securitizations. During the quarter we transferred $83.4 billion in conforming residential
mortgages to unconsolidated VIEs and recorded the transfers as sales. These transfers did not
result in a
gain or loss because the loans are already carried at fair value. In connection with these
transfers, we
recorded a $1.1 billion servicing asset and a $44 million liability for repurchase reserves, which
are both
measured at fair value using a Level 3 measurement technique. The key assumptions used to measure the servicing assets recorded in first quarter 2010 were a discount rate of 8.24%, a prepayment rate of 12.4% and a weighted average expected life of pre-payments of 5.8 years. For servicing assets recorded in first quarter 2009, we assumed a discount rate of 9.1%, a prepayment rate of 12.6% and a weighted-average expected life of pre-payments of 5.9 years.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">Key economic assumptions and the sensitivity of the current fair value to immediate adverse changes
in
those assumptions at March 31, 2010, for residential and commercial mortgage servicing rights, and
other
interests held related primarily to residential mortgage loan securitizations are presented in the
following
table. The information presented excludes trading positions held in inventory.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="16" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="10" style="border-bottom: 1px solid #000000">Other interests held (1)</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Mortgage</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Interest-</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">servicing</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">only</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Subordinated</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Senior</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">rights</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">strips</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">bonds (2)</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">bonds (3)</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Fair value of interests held at March 31, 2010
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">16,825</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"> 231</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">49</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">495</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Expected weighted-average life (in years)
</div></td>
<td> </td>
<td> </td>
<td align="right">5.5</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4.9</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9.1</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6.8</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em">Prepayment speed assumption (annual CPR)
</p>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">12.0</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td> </td>
<td align="right">12.1</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3.8</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9.8</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Decrease in fair value from:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">10% adverse change
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">780</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">25% adverse change
</div></td>
<td> </td>
<td> </td>
<td align="right">1,835</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">18</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em">Discount rate assumption
</p>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">8.8</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td> </td>
<td align="right">16.5</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.7</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8.0</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Decrease in fair value from:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">100 basis point increase
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">849</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">20</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">200 basis point increase
</div></td>
<td> </td>
<td> </td>
<td align="right">1,573</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">39</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em">Credit loss assumption
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">0.5</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td> </td>
<td align="right">3.4</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Decrease in fair value from:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">10% higher losses
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">25% higher losses
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1</td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="16" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Excludes securities retained in securitizations issued through GSEs such as FNMA, FHLMC
and GNMA because we do not believe the value of these securities would be
materially affected by the adverse changes in assumptions noted in the table. These GSE
securities and other interests held presented in this table are included in debt and
equity interests in our disclosure of our involvements with VIEs shown on pages 82 and 83.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Subordinated interests include only those bonds whose credit rating was below AAA by a
major rating agency at issuance.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(3)</td>
<td> </td>
<td>Senior interests include only those bonds whose credit rating was AAA by a major rating
agency at issuance.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">In addition to the interests included in the table above, we also recorded a repurchase liability
which was
$1.3 billion as of March 31, 2010. The key assumptions impacting the amount of this liability are
credit
loss severity and the repurchase rate. An adverse change of 10% in the credit loss severity
assumption
used would increase the liability by $123 million and an adverse change of 25% would increase the
liability by $307 million. An adverse change of 10% in the repurchase rate assumption used would
increase the liability by $102 million and an adverse change of 25% would increase the liability by
$255 million.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The sensitivities in the table above are hypothetical and caution should be exercised when relying
on this
data. Changes in fair value based on variations in assumptions generally cannot be extrapolated
because
the relationship of the change in the assumption to the change in fair value may not be linear.
Also, the
effect of a variation in a particular assumption on the fair value of the other interests held is
calculated
independently without changing any other assumptions. In reality, changes in one factor may result
in
changes in others (for example, changes in prepayment speed estimates could result in changes in
the
credit losses), which might magnify or counteract the sensitivities.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">The table below presents information about the principal balances of owned and securitized loans.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="35%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="24" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6">Net charge-offs</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">(recoveries) (3)</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Total loans (1)</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Delinquent loans (2) (3)</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 0px solid #000000">Three months ended</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 0px solid #000000"><b>March 31,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 0px solid #000000">Dec. 31,</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 0px solid #000000"><b>March 31,</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 0px solid #000000">Dec. 31,</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">March 31,</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="25" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Commercial and commercial real estate:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Commercial
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>151,330</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">159,185</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,834</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,052</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>650</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">556</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Real estate mortgage
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>324,818</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">326,314</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>18,277</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12,375</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>397</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">25</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Real estate construction
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>27,837</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">29,707</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,520</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,765</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>338</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">103</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Lease financing
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>13,887</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">14,210</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>185</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">171</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>29</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">17</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="25" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Total commercial and commercial real estate
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>517,872</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">529,416</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>26,816</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">21,363</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,414</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">701</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="25" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Consumer:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Real estate 1-4 family first mortgage
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,357,105</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,331,568</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>20,065</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">19,224</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,641</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">593</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Real estate 1-4 family junior lien mortgage
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>103,802</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">107,000</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,769</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,854</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,449</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">880</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Credit card
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>22,525</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">24,003</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>719</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">795</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>643</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">582</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Other revolving credit and installment
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>93,949</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">99,140</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,559</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,765</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>547</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">737</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="25" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Total consumer
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,577,381</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,561,711</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>25,112</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">24,638</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,280</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,792</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="25" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Foreign
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>28,289</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">29,398</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>164</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">219</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>36</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">45</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="25" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px">Total loans owned and securitized
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>2,123,542</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,120,525</td>
<td> </td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>52,092</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">46,220</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5,730</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,538</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="25" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Less:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Securitized loans
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,302,235</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,292,928</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Mortgages held for sale
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>34,737</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">39,094</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Loans held for sale
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>5,140</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,733</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="9" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:75px; text-indent:-15px">Total loans held
</div></td>
<td> </td>
<td><b>$</b></td>
<td align="right"><b>781,430</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">782,770</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="24" align="left" style="border-bottom: 3px solid #000000"> </td>
<td colspan="1"> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left">
<div style="font-size: 1pt; margin-top: 3pt; width: 18%; border-top: 0px solid #000000"> 
</div>
</div>
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Represents loans in the balance sheet or that have been securitized and includes
residential mortgages sold to FNMA, FHLMC and GNMA and securitizations where servicing is our only
form of continuing involvement.</td>
</tr>
<tr style="font-size: 3pt">
<td> </td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Delinquent loans are 90 days or more past due and still accruing interest as well as nonaccrual
loans.</td>
</tr>
<tr style="font-size: 3pt">
<td> </td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(3)</td>
<td> </td>
<td>Delinquent loans and net charge-offs exclude loans sold to FNMA, FHLMC and GNMA. We continue to
service the loans and would only experience a loss if required to repurchase a delinquent loan due
to a breach in original representations and warranties associated with our underwriting standards.</td>
</tr>
</table>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Transactions with VIEs</b><br />
Our transactions with VIEs include securitizations of consumer loans, commercial real estate loans,
student loans, auto loans and municipal bonds; investment and financing activities involving CDOs
backed by asset-backed and CRE securities, collateralized loan obligations (CLOs) backed by corporate
loans or bonds, and other types of structured financing. We have various forms of involvement with
VIEs, including holding senior or subordinated interests, entering into liquidity arrangements,
credit
default swaps and other derivative contracts. These involvements with unconsolidated VIEs are
recorded
on our balance sheet primarily in trading assets, securities available for sale, loans, MSRs, other
assets
and other liabilities, as appropriate.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following tables provide a summary of unconsolidated VIEs with which we have significant
continuing involvement. The balances presented for March 31, 2010, represent our unconsolidated
VIEs for which we consider our involvement to be significant. The balances presented for December
31, 2009, include unconsolidated VIEs with which we have continuing involvement that we no longer
consider significant. Accordingly, we have excluded these transactions from the balances presented
for March 31, 2010. We have refined our definition of significant continuing involvement in
accordance with new consolidation accounting guidance to exclude unconsolidated VIEs when our
continuing involvement relates to third-party sponsored VIEs for which we were not the transferor,
and unconsolidated VIEs for which we were the sponsor but do not have any other significant
continuing involvement.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Significant continuing involvement includes transactions where we were the sponsor or transferor
and have other significant forms of involvement. Sponsorship includes transactions with
unconsolidated VIEs where we solely or materially participated in the initial design or structuring
of the entity or marketing of the transaction to investors. When we transfer assets to a VIE and
account for the transfer as a sale, we are considered the transferor. We consider investments in
securities held outside of trading, loans, guarantees, liquidity agreements, written options and
servicing of collateral to be other forms of involvement that may be significant. We have excluded
certain transactions with unconsolidated VIEs from the March 31, 2010, balances presented in the
table below where we have determined that our continuing involvement is not significant due to
the temporary nature and size of our variable interests because we were not the transferor or
because we were not involved in the design or operations of the unconsolidated VIEs.
</div>
<div align="center">
<table style="font-size: 8pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="28%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="24" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Other</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Total</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Debt and</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>commitments</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>VIE</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>equity</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Servicing</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>and</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Net</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left" style="border-bottom: 1px solid #000000">(in millions)</td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 1px solid #000000"><b>assets (1)</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 1px solid #000000"><b>interests (2)</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 1px solid #000000"><b>assets</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 1px solid #000000"><b>Derivatives</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 1px solid #000000"><b>guarantees</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 1px solid #000000"><b>assets</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left"><b>March 31, 2010</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="18"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="18" style="border-bottom: 1px solid #000000"><b>Carrying value - asset (liability)</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Residential mortgage loan securitizations</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Conforming </b>(3)
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,052,147</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5,590</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>12,452</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(925</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>17,117</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Other/nonconforming</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>92,535</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,234</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>642</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>12</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(4</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>3,884</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Commercial mortgage securitizations</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>205,353</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5,192</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>659</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>243</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6,094</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Collateralized debt obligations:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Debt securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>20,577</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,508</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,136</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,644</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Loans </b>(4)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>10,081</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>9,833</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>9,833</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Asset-based finance structures</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>13,639</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>8,101</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(99</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>8,002</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Tax credit structures</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>20,390</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,275</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(647</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>2,628</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Collateralized loan obligations</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>14,700</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,875</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>57</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,932</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Investment funds</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>16,678</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,420</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,420</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Other </b>(5)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>19,703</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,144</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>48</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>859</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(49</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>5,002</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Total</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,465,803</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>45,172</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>13,801</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,208</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,625</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>59,556</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="18"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="18" style="border-bottom: 1px solid #000000"><b>Maximum exposure to loss</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Residential mortgage loan securitizations</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Conforming </b>(3)
</div></td>
<td> </td>
<td> </td>
<td align="right"> </td>
<td> </td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>5,590</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>12,452</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,878</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>21,920</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Other/nonconforming</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,234</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>642</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>12</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>10</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,898</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Commercial mortgage securitizations</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5,192</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>659</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>509</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6,360</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Collateralized debt obligation:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Debt securities</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,508</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,262</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,773</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Loans </b>(4)
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>9,833</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>9,833</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Asset-based finance structures</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>8,101</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>99</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,455</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>9,655</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Tax credit structures</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,275</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,277</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Collateralized loan obligations</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,875</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>57</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>477</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,409</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Investment funds</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,420</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,420</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Other </b>(5)
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,144</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>48</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,712</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>393</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6,297</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Total</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>45,172</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>13,801</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5,651</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6,218</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>70,842</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="24" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">(continued on following page)
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">(continued from previous page)
</div>
<div align="center">
<table style="font-size: 8pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="28%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="24" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Other</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Total</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Debt and</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">commitments</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">VIE</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">equity</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Servicing</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">and</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Net</td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left" style="border-bottom: 1px solid #000000">(in millions)</td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 1px solid #000000">assets (1)</td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 1px solid #000000">interests (2)</td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 1px solid #000000">assets</td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 1px solid #000000">Derivatives</td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 1px solid #000000">guarantees</td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 1px solid #000000">assets</td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left">December 31, 2009</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="18"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="18" style="border-bottom: 1px solid #000000">Carrying value - asset (liability)</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Residential mortgage loan securitizations
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Conforming (3)
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">1,150,515</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,846</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">13,949</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(869</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">18,926</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Other/nonconforming
</div></td>
<td> </td>
<td> </td>
<td align="right">251,850</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11,683</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,538</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">16</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(15</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">13,222</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Commercial mortgage securitizations
</div></td>
<td> </td>
<td> </td>
<td align="right">345,561</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,760</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">696</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">489</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,945</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Collateralized debt obligations:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Debt securities
</div></td>
<td> </td>
<td> </td>
<td align="right">45,684</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,024</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,746</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,770</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Loans (4)
</div></td>
<td> </td>
<td> </td>
<td align="right">10,215</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,964</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,964</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Multi-seller commercial paper conduit
</div></td>
<td> </td>
<td> </td>
<td align="right">5,160</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Asset-based finance structures
</div></td>
<td> </td>
<td> </td>
<td align="right">17,467</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,187</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(72</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(248</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">9,867</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Tax credit structures
</div></td>
<td> </td>
<td> </td>
<td align="right">27,537</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,659</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(653</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">4,006</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Collateralized loan obligations
</div></td>
<td> </td>
<td> </td>
<td align="right">23,830</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,602</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">64</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,666</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Investment funds
</div></td>
<td> </td>
<td> </td>
<td align="right">84,642</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,831</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(129</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">1,702</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Other (5)
</div></td>
<td> </td>
<td> </td>
<td align="right">23,538</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,626</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">50</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,015</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(293</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">4,398</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">1,985,999</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">58,182</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">16,233</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,258</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,207</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">75,466</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="18"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="18" style="border-bottom: 1px solid #000000">Maximum exposure to loss</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Residential mortgage loan securitizations
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Conforming (3)
</div></td>
<td> </td>
<td> </td>
<td align="right"> </td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">5,846</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">13,949</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,567</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">24,362</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Other/nonconforming
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11,683</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,538</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">30</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">218</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">13,469</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Commercial mortgage securitizations
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,760</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">696</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">766</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,222</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Collateralized debt obligations:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Debt securities
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,024</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,586</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">33</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,643</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Loans (4)
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,964</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,964</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Multi-seller commercial paper conduit
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,263</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,263</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Asset-based finance structures
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,187</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">72</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">968</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11,227</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Tax credit structures
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,659</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,663</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Collateralized loan obligations
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,702</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">64</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">473</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,239</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Investment funds
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,331</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">500</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">89</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,920</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Other (5)
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,626</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">50</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,818</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,774</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,268</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">58,782</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">16,233</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12,099</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8,126</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">95,240</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="24" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Represents the remaining principal balance of assets held by unconsolidated VIEs using the most current information available. For VIEs that obtain exposure to assets synthetically through
derivative instruments, the remaining notional amount of the derivative is included in the asset balance. The multi-seller commercial paper conduit was consolidated in first quarter 2010.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Excludes certain debt securities held related to loans serviced for FNMA, FHLMC and GNMA.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(3)</td>
<td> </td>
<td>Conforming residential mortgage loan securitizations are those that are guaranteed by GSEs. Other commitments and guarantees include amounts related to loans sold that we may be required to
repurchase, or otherwise indemnify or reimburse the investor or insurer for losses incurred, due to material breach of contractual representations and warranties. The maximum exposure to loss
for material breach of contractual representations and warranties represents a stressed case estimate we utilize for determining stressed case regulatory capital needs. Total VIE assets at
December
31, 2009 includes $20.9 billion of nonconforming residential mortgage securitizations that were consolidated in first quarter 2010.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(4)</td>
<td> </td>
<td>Represents senior loans to trusts that are collateralized by asset-backed securities.
The trusts invest in senior tranches from a diversified pool of
primarily U.S. asset securitization, of which all are current, and over 95% were rated as investment grade by the primary rating agencies at March 31, 2010. These senior loans were acquired in the Wachovia business combination and are accounted for at amortized cost as initially determined under purchase
accounting and are subject to the Company’s allowance and credit charge-off policies.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(5)</td>
<td> </td>
<td>Includes student loan securitizations, auto loan securitizations and credit-linked note structures. Also contains investments in auction rate securities (ARS) issued by VIEs that we do not sponsor and,
accordingly, are unable to obtain the total assets of the entity.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">In the tables above and on page 82, “Total VIE assets” represents the total assets of
unconsolidated VIEs. “Carrying value” is the amount in our consolidated balance sheet related to
our involvement with the unconsolidated VIEs. “Maximum exposure to loss” from our involvement with
off-balance sheet entities, which is a required disclosure under GAAP, is determined as the
carrying value of our involvement with off-balance sheet (unconsolidated) VIEs plus the remaining
undrawn liquidity and lending commitments, the notional amount of net written derivative contracts,
and generally the notional amount of, or stressed loss estimate for, other commitments and
guarantees. It represents estimated loss that would be incurred under severe, hypothetical
circumstances, for which we believe the possibility is extremely remote, such as where the value of
our interests and any associated collateral declines to zero, without any consideration of recovery
or offset from any economic hedges. Accordingly, this required disclosure is not an indication of
expected loss.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Residential mortgage loans</i><br />
Residential mortgage loan securitizations are financed through the issuance of fixed- or
floating-rate-asset-backed-securities, which are collateralized by the loans transferred to a VIE.
We typically transfer loans we originated to these VIEs, account for the transfers as sales, retain
the right to service the loans and may hold other beneficial interests issued by the VIEs. We also
may be exposed to limited liability related to recourse agreements and repurchase agreements we
make to our issuers and purchasers, which are included in other commitments and guarantees. In
certain instances, we may service residential mortgage loan securitizations structured by third
parties whose loans we did not originate or transfer. Our residential mortgage loan securitizations
consist of conforming and nonconforming securitizations. Conforming residential mortgage loan
securitizations are those that are guaranteed by GSEs, including GNMA. We do not consolidate our
conforming residential mortgage loan securitizations because we do not have power over the VIEs.
The loans sold to the VIEs in nonconforming residential mortgage loan securitizations are those
that do not qualify for a GSE guarantee. We do not consolidate the nonconforming residential
mortgage loan securitizations included in the table because we do not have a variable interest that
could potentially be significant or we do not have power to direct the activities that most
significantly impact the performance of the VIE.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Commercial mortgage loan securitizations</i><br />
Commercial mortgage loan securitizations are financed through the issuance of fixed- or
floating-rate-asset-backed-securities, which are collateralized by the loans transferred to the
VIE. Prior to 2008, we typically transferred loans we originated to these VIEs, accounted for the
transfers as sales, retained the right to service the loans and may have held other beneficial
interests issued by the VIEs. In certain instances, we may service commercial mortgage loan
securitizations structured by third parties whose loans we did not originate or transfer. We
typically serve as primary or master servicer of these VIEs. The primary or master servicer in a
commercial mortgage loan securitization typically cannot make the most significant decisions
impacting the performance of the VIE and therefore does not have power over the VIE. We do not
consolidate the commercial mortgage loan securitizations included in the disclosure because we
either do not have power or do not have a significant variable interest.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Collateralized debt obligations (CDOs)</i><br />
A CDO is a securitization where an SPE purchases a pool of assets consisting of asset-backed
securities and issues multiple tranches of equity or notes to investors. In some transactions, a
portion of the assets are obtained synthetically through the use of derivatives such as credit
default swaps or total return swaps. Prior to 2008, we engaged in the structuring of CDOs on behalf
of third party asset managers who would select and manage the assets for the CDO. Typically, the
asset manager has some discretion to manage the sale of assets of, or derivatives used by the CDO,
which generally gives the asset manager the power over the CDO.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">In addition to our role as arranger we may have other forms of involvement with these transactions.
Such involvement may include acting as liquidity provider, derivative counterparty, secondary
market maker or investor. For certain transactions, we may also act as the collateral manager or
servicer. We receive fees in connection with our role as collateral manager or servicer.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We assess whether we are the primary beneficiary of CDOs based on our role in the transaction in
combination with the variable interests we hold. Subsequently, we monitor our ongoing involvement
in these transactions to determine if the nature of our involvement has changed. We are not the
primary beneficiary of these transactions in most cases because we do not act as the collateral
manager or servicer, which generally denotes power. In cases where we are the collateral manager or
servicer, we are not the primary beneficiary because we do not hold interests that could
potentially be significant to the VIE.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Collateralized loan obligations (CLOs)</i><br />
A CLO is a securitization where an SPE purchases a pool of assets consisting of loans and issues
multiple tranches of equity or notes to investors. Generally, CLOs are structured on behalf of a
third party asset manager that typically selects and manages the assets for the term of the CLO.
Typically, the asset manager has the power over the significant decisions of the VIE through its
discretion to manage the assets of the CLO. We assess whether we are the primary beneficiary of
CLOs based on our role in the transaction and the variable interests we hold. In most cases, we are
not the primary beneficiary of these transactions because we do not have the power to manage the
collateral in the VIE.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Prior to the securitization, we may provide all, or substantially all, of the warehouse financing
to the asset manager. The asset manager uses this financing to purchase the assets into a
bankruptcy remote SPE during the warehouse period. At the completion of the warehouse period, the
assets are sold to the CLO and the warehouse financing is repaid with the proceeds received from
the securitization’s investors. The warehousing period is generally less than 12 months in
duration. In the event the securitization does not take place, the assets in the warehouse are
liquidated. We do not consolidate the warehouse SPEs when we provide substantially all of the
financing because we do not have the ability to make the most significant decisions over the
collateral in the warehouse.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">In addition to our role as arranger and warehouse financing provider, we may have other forms of
involvement with these transactions. Such involvement may include acting as underwriter, derivative
counterparty, secondary market maker or investor. For certain transactions, we may also act as the
servicer, for which we receive fees in connection with that role. We also earn fees for arranging
these transactions and distributing the securities.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Asset-based finance structures</i><br />
We engage in various forms of structured finance arrangements with VIEs that are collateralized by
various asset classes including energy contracts, auto and other transportation leases,
intellectual property, equipment and general corporate credit. We typically provide senior
financing, and may act as an interest rate swap or commodity derivative counterparty when
necessary. In most cases, we are not the primary beneficiary of these structures because we do not
have power over the significant activities of the VIEs involved in these transactions.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">For example, we had investments in asset-backed securities that were collateralized by auto leases
or loans and cash reserves. These fixed-rate and variable-rate securities are underwritten by us
and have been structured as single-tranche, fully amortizing, unrated bonds that are equivalent to
investment-grade securities due to their significant overcollateralization. The securities are
issued by SPEs that have been formed by third party auto financing institutions primarily because
they require a source of liquidity to fund ongoing vehicle sales operations. The third party auto
financing institutions manage the collateral in the VIEs, which is indicative of power in these
transactions and we therefore do not consolidate these VIEs.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Tax credit structures</i><br />
We co-sponsor and make investments in affordable housing and sustainable energy projects that are
designed to generate a return primarily through the realization of federal tax credits. In some
instances, our investments in these structures may require that we fund future capital commitments
at the discretion of the project sponsors. While the size of our investment in a single entity may
at times exceed 50% of the outstanding equity interests, we do not consolidate these structures due
to the project sponsor’s ability to manage the projects, which is indicative of power in these
transactions.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Investment funds</i><br />
At March 31, 2010, we had investments of $1.4 billion and lending arrangements of $19 million with
certain funds managed by one of our majority owned subsidiaries compared with investments of $1.3
billion and lending arrangements of $20 million at December 31, 2009. In addition, we also provide
a default protection agreement to a third party lender to one of these funds. Our involvements in
these funds are either senior or of equal priority to third party investors. We do not consolidate
the investment funds because we do not absorb the majority of the expected future variability
associated with the funds’ assets, including variability associated with credit, interest rate and
liquidity risks.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Other transactions with VIEs</i><br />
In August 2008, Wachovia reached an agreement to purchase at par ARS that
were sold to third-party investors by certain of its subsidiaries. ARS are debt instruments with
long-term maturities, but which re-price more frequently. All remaining ARS issued by VIEs subject
to the agreement were redeemed. At March 31, 2010, we held in our securities available-for-sale
portfolio $2.4 billion of ARS issued by VIEs redeemed pursuant to this agreement, compared with
$3.2 billion at December 31, 2009.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">On November 18, 2009, we reached agreements to purchase additional ARS from eligible investors who
bought ARS through one of our broker-dealer subsidiaries. As of March 31, 2010, we had redeemed a
substantial amount of these securities and had a liability in our balance sheet of $33 million for
potential losses on remaining anticipated future redemptions. Were we to redeem all remaining ARS
issued by VIEs that are subject to the agreement, our estimated maximum exposure to loss would be
$218 million; however, certain of these securities may be repaid in full by the issuer prior to
redemption. The liability recorded in our balance sheet for future redemptions is significantly
less than the estimated maximum exposure to loss because the maximum exposure to loss assumes that
no securities are repaid by the issuer prior to redemption and that the fair value of the ARS
redeemed pursuant to the agreement are zero. As of March 31, 2010, we held in our securities
available-for-sale portfolio $1.0 billion of ARS issued by VIEs redeemed pursuant to this
agreement. No securities had been redeemed related to this agreement at December 31, 2009.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We do not consolidate the VIEs that issued the ARS because we do not have power over the activities
of the VIEs.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Trust preferred securities</i><br />
In addition to the involvements disclosed in the following table, we had $19.0 billion of debt
financing through the issuance of trust preferred securities at March 31, 2010. In these
transactions, VIEs that we wholly own issue preferred equity or debt securities to third party
investors. All of the proceeds of the issuance are invested in debt securities that we issue to the
VIEs. In certain instances, we may provide liquidity to third party investors that purchase
long-term securities that re-price frequently issued by VIEs. The VIEs’ operations and cash flows
relate only to the issuance, administration and repayment of the securities held by third parties.
We do not consolidate these VIEs because the sole assets of the VIEs are receivables from us. This
is the case even though we own all of the voting equity shares of the VIEs, have fully guaranteed
the obligations of the VIEs and may have the right to redeem the third party securities under
certain circumstances. We report the debt securities that we issue to the VIEs as long-term debt in
our consolidated balance sheet.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">A summary of our transactions with VIEs accounted for as secured borrowings and involvements with
consolidated VIEs follows:
</div>
<div align="center">
<table style="font-size: 8pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="40%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="20" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="14" style="border-bottom: 1px solid #000000">Carrying value (1)</td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Total</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Third</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">VIE</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Consolidated</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">party</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Noncontrolling</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Net</td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">assets</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">assets (2)</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">liabilities</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">interests</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">assets</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em"><b>March 31, 2010</b>
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em"><b>Secured borrowings:</b>
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Municipal tender option bond securitizations</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>7,167</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>7,243</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(6,818</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>425</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Auto loan securitizations</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>242</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>242</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(90</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>152</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Commercial real estate loans</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,310</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,310</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,268</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>42</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Nonconforming residential mortgage securitizations</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>856</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>770</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(527</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>243</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Total secured borrowings</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>9,575</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>9,565</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(8,703</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>862</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Consolidated VIEs:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Nonconforming residential mortgage loan securitizations</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>18,105</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>17,375</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(8,807</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>8,568</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Multi-seller commercial paper conduit</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>4,830</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,709</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(4,798</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(89</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Auto loan securitizations</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,854</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,854</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,864</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(10</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Structured asset finance</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>161</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>161</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(31</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>130</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Investment funds</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>2,483</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,345</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(565</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(31</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>1,749</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Other</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,489</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,486</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,072</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(15</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>399</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Total consolidated VIEs</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>28,922</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>27,930</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(17,137</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(46</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>10,747</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px"><b>Total secured borrowings and consolidated VIEs</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>38,497</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>37,495</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(25,840</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(46</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>11,609</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em">December 31, 2009
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em">Secured borrowings:
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Municipal tender option bond securitizations
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">7,156</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,189</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(6,856</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">333</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Auto loan securitizations
</div></td>
<td> </td>
<td> </td>
<td align="right">274</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">274</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(121</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">153</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Commercial real estate loans
</div></td>
<td> </td>
<td> </td>
<td align="right">1,309</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,309</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,269</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">40</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Residential mortgage securitizations
</div></td>
<td> </td>
<td> </td>
<td align="right">901</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">792</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(552</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">240</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Total secured borrowings
</div></td>
<td> </td>
<td> </td>
<td align="right">9,640</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,564</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(8,798</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">766</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Consolidated VIEs:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Structured asset finance
</div></td>
<td> </td>
<td> </td>
<td align="right">2,791</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,074</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,088</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(10</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(24</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Investment funds
</div></td>
<td> </td>
<td> </td>
<td align="right">2,257</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,245</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(271</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(33</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">1,941</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Other
</div></td>
<td> </td>
<td> </td>
<td align="right">2,697</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,981</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,148</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(25</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">808</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Total consolidated VIEs
</div></td>
<td> </td>
<td> </td>
<td align="right">7,745</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,300</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,507</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(68</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">2,725</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px">Total secured borrowings and consolidated VIEs
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">17,385</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">14,864</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(11,305</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(68</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">3,491</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="20" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Amounts exclude loan loss reserves, and total assets may differ from consolidated assets due to the different measurement methods used depending on the
assets’ classifications.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Amounts disclosed in the consolidated balance sheet presentation are limited to VIE assets that can only be used to settle the liabilities of those VIEs.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">In addition to the transactions included in the table above, we have issued approximately $6
billion of private placement debt financing through a consolidated VIE. The issuance is classified
as long-term debt in our consolidated financial statements. We have pledged certain of its assets
to collateralize the VIE’s borrowings. Such assets were not transferred to the VIE and accordingly
we have excluded the VIE from the previous table.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We have raised financing through the securitization of certain financial assets in transactions
with VIEs accounted for as secured borrowings. We also consolidate VIEs where we are the primary
beneficiary. In certain transactions other than the multi-seller commercial paper conduit, we
provide contractual support in the form of limited recourse and liquidity to facilitate the
remarketing of short-term securities issued to third party investors. Other than this limited
contractual support, the assets of the VIEs are the sole source of repayment of the securities held
by third parties. The liquidity support we provide to the multi-seller commercial paper conduit
ensures timely repayment of commercial paper issued by the conduit and is described further on the
following page.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Nonconforming residential mortgage loan securitizations</i><br />
We have consolidated certain of our nonconforming residential mortgage loan securitizations in
accordance with the new consolidation accounting guidance. We have determined we are the primary
beneficiary of these securitizations because we have the power to direct the most significant
activities of the entity through our role as primary servicer and also hold variable interests that
we have determined to be significant. The nature of our variable interests in these entities may
include beneficial interests issued by the VIE, mortgage servicing rights and recourse or
repurchase reserve liabilities.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><i>Multi-seller commercial paper conduit</i><br />
We administer a multi-seller asset-based commercial paper (ABCP) conduit that finances certain
client transactions. This conduit is a bankruptcy remote entity that makes loans to, or purchases
certificated interests, generally from SPEs, established by our clients (sellers) and which are
secured by pools of financial assets. The conduit funds itself through the issuance of highly rated
commercial paper to third party investors. The primary source of repayment of the commercial paper
is the cash flows from the conduit’s assets or the re-issuance of commercial paper upon maturity.
The conduit’s assets are structured with deal-specific credit enhancements generally in the form of
overcollateralization provided by the seller, but may also include subordinated interests, cash
reserve accounts, third party credit support facilities and excess spread capture. The timely
repayment of the commercial paper is further supported by asset-specific liquidity facilities in
the form of liquidity asset purchase agreements that we provide. Each facility is equal to 102% of
the conduit’s funding commitment to a client. The aggregate amount of liquidity must be equal to or
greater than all the commercial paper issued by the conduit. At the discretion of the
administrator, we may be required to purchase assets from the conduit at par value plus accrued
interest or discount on the related commercial paper, including situations where the conduit is
unable to issue commercial paper. Par value may be different from fair value.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We receive fees in connection with our role as administrator and liquidity provider. We may also
receive fees related to the structuring of the conduit’s transactions. In first quarter 2010, the
conduit terminated its subordinated note to a third party investor and repaid all amounts due under
the terms of the note agreement. We incurred a loss on the termination of the subordinated note of
$16 million. We are the primary beneficiary of the conduit because we have power over the
significant activities of the conduit and have a significant variable interest due to our liquidity
arrangement.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left">
</div>
</div>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<!-- Begin Block Tagged Note 8 - wfc:MortgageBankingActivitiesTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>8. MORTGAGE BANKING ACTIVITIES</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Mortgage banking activities, included in the Community Banking and Wholesale Banking operating
segments, consist of residential and commercial mortgage originations and servicing.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The changes in residential MSRs measured using the fair value method were:
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Quarter ended March 31</td>
<td>,</td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Fair value, beginning of quarter
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>16,004</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">14,714</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Adjustments from adoption of new consolidation accounting guidance
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(118</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Acquired from Wachovia (1)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">34</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Servicing from securitizations or asset transfers
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,054</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,447</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Net additions
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>936</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,481</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Changes in fair value:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Due to changes in valuation model inputs or assumptions (2)
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(777</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,824</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Other changes in fair value (3)
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(619</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(980</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px">Total changes in fair value
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,396</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(3,804</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Fair value, end of quarter
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>15,544</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12,391</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="8" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>First quarter 2009 results reflect refinements to initial purchase accounting adjustments.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Principally reflects changes in discount rates and prepayment speed
assumptions, mostly due to changes in interest rates.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(3)</td>
<td> </td>
<td>Represents changes due to collection/realization of expected cash flows over
time.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The changes in amortized commercial MSRs were:
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Quarter ended March 31</td>
<td>,</td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Balance, beginning of quarter
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,119</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,446</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Adjustments from adoption of new consolidation accounting guidance
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(5</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Purchases (1)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Acquired from Wachovia (2)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">(127</td>
<td>)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Servicing from securitizations or asset transfers (1)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>11</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Amortization
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(57</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">(70</td>
<td>) </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Balance, end of quarter (3)
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,069</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,257</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Fair value of amortized MSRs:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Beginning of quarter
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,261</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,555</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">End of quarter
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,283</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,392</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Based on March 31, 2010, assumptions, the weighted-average amortization period for MSRs added
during the first quarter of 2010 was approximately 18.9 years.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>First quarter 2009 results reflect refinements to initial purchase accounting adjustments.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(3)</td>
<td> </td>
<td>There was no valuation allowance recorded for the periods presented. Commercial MSRs are
evaluated for impairment purposes by the following asset classes: agency and non-agency commercial
mortgage-backed securities (MBS), and loans.</td>
</tr>
</table>
</div>
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">We present the components of our managed servicing portfolio in the table below at unpaid principal
balance for loans serviced and subserviced for others and at book value for owned loans serviced.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>March 31</b></td>
<td><b>,</b></td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Dec. 31</td>
<td>,</td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in billions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Residential mortgage servicing
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Serviced for others
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,417</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,422</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Owned loans serviced
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>371</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">364</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Subservicing
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>10</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Total residential servicing
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,798</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,796</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Commercial mortgage servicing
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Serviced for others
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>449</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">454</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Owned loans serviced
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>105</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">105</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Subservicing
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>10</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Total commercial servicing
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>564</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">569</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px">Total managed servicing portfolio
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>2,362</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,365</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Total serviced for others
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,866</b></td>
<td> </td>
<td> </td>
<td align="left"> </td>
<td align="right">1,876</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Ratio of MSRs to related loans serviced for others
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>0.89</b></td>
<td nowrap="nowrap"><b>%</b></td>
<td> </td>
<td> </td>
<td align="right">0.91</td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="8" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The components of mortgage banking noninterest income were:
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Quarter ended March 31</td>
<td>,</td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Servicing income, net:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Servicing fees
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,053</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,081</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Changes in fair value of residential MSRs:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Due to changes in valuation model inputs or assumptions (1)
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(777</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,824</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Other changes in fair value (2)
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(619</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(980</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px">Total changes in fair value of residential MSRs
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,396</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(3,804</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Amortization
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(57</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(70</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Net derivative gains from economic hedges (3)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,766</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,699</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:75px; text-indent:-15px">Total servicing income, net
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,366</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">906</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Net gains on mortgage loan origination/sales activities
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,104</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,598</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:90px; text-indent:-15px">Total mortgage banking noninterest income
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>2,470</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,504</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Market-related valuation changes to MSRs, net of hedge results (1)+(3)
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>989</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">875</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="8" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Principally reflects changes in discount rates and prepayment speed assumptions,
mostly due to changes in interest rates.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Represents changes due to collection/realization of expected cash flows over time.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(3)</td>
<td> </td>
<td>Represents results from free-standing derivatives (economic hedges) used to hedge the risk of
changes in fair value of MSRs. See Note 11 — Free-Standing Derivatives in this Report for
additional discussion and detail.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Servicing fees include certain unreimbursed direct servicing obligations primarily associated with
workout activities. In addition, servicing fees in the table above included:
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Quarter ended March 31</td>
<td>,</td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Contractually specified servicing fees
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,107</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,083</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Late charges
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>90</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">87</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Ancillary fees
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>106</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">73</td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="8" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left">
</div>
</div>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<!-- Begin Block Tagged Note 9 - us-gaap:IntangibleAssetsDisclosureTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>9. INTANGIBLE ASSETS</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The gross carrying value of intangible assets and accumulated amortization was:
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="28%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="24" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="10" style="border-bottom: 1px solid #000000"><b>March 31, 2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="10" style="border-bottom: 1px solid #000000">December 31, 2009</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Gross</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Net</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Gross</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Net</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>carrying</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Accumulated</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>carrying</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">carrying</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Accumulated</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">carrying</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>value</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>amortization</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>value</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">value</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">amortization</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">value</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Amortized intangible assets:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">MSRs (1)
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,610</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>541</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,069</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,606</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">487</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,119</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Core deposit intangibles
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>15,133</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,828</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>10,305</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">15,140</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,366</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,774</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Customer relationship and
other intangibles
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>3,048</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>980</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,068</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,050</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">896</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,154</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px">Total amortized intangible assets
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>19,791</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6,349</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>13,442</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">19,796</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,749</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">14,047</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em">MSRs (carried at fair value) (1)
</p>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>15,544</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>15,544</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">16,004</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">16,004</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Goodwill
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>24,819</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>24,819</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">24,812</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">24,812</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Trademark
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>14</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>14</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">14</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">14</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>See Note 8 in this Report for additional information on MSRs.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following table provides the current year and estimated future amortization expense for
amortized intangible assets as of March 31, 2010.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="16" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Customer</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Amortized</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Core</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">relationship</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">commercial</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">deposit</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">and other</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">MSRs</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">intangibles</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">intangibles (1)</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Total</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Three months ended March 31, 2010 (actual)</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>57</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>469</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>84</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>610</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Estimate for year ending December 31,
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">2010
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">223</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,870</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">334</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,427</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">2011
</div></td>
<td> </td>
<td> </td>
<td align="right">200</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,593</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">286</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,079</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">2012
</div></td>
<td> </td>
<td> </td>
<td align="right">162</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,396</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">269</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,827</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">2013
</div></td>
<td> </td>
<td> </td>
<td align="right">127</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,241</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">249</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,617</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">2014
</div></td>
<td> </td>
<td> </td>
<td align="right">110</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,113</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">234</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,457</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">2015
</div></td>
<td> </td>
<td> </td>
<td align="right">102</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,022</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">212</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,336</td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="16" align="left" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Includes amortization of lease intangibles reported in occupancy expense of $2 million for the first three months of
2010, and estimated amortization of $8 million,
$8 million, $8 million, $5 million, $4 million, and $4 million for 2010, 2011, 2012, 2013, 2014 and 2015, respectively.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We based our projections of amortization expense shown above on existing asset balances at March
31, 2010. Future amortization expense may vary from these projections.
</div>
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">For our goodwill impairment analysis, we allocate all of the goodwill to the individual operating
segments. We identify reporting units that are one level below an operating segment (referred to as
a component), and distinguish these reporting units based on how the segments and components are
managed, taking into consideration the economic characteristics, nature of the products and
customers of the components. We allocate goodwill to reporting units based on relative fair value,
using certain performance metrics. We have revised prior period information to reflect this
realignment. See Note 16 in this Report for further information on management reporting.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following table shows the allocation of goodwill to our operating segments for purposes of
goodwill impairment testing. The additions in first quarter 2009 predominantly relate to goodwill
recorded in connection with refinements to our initial acquisition date purchase accounting.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="16" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Wealth,</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Community</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Wholesale</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Brokerage and</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Consolidated</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Banking</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Banking</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Retirement</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Company</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Balance, December 31, 2008
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">16,810</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,449</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">368</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">22,627</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Goodwill from business combinations
</div></td>
<td> </td>
<td> </td>
<td align="right">732</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">467</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,199</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Foreign currency translation adjustments
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Balance, March 31, 2009
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">17,541</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,916</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">368</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">23,825</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td><br />
<div style="margin-left:15px; text-indent:-15px">
<b>Balance, December 31, 2009</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>18,160</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6,279</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>373</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>24,812</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Goodwill from business combinations</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>7</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>7</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Balance, March 31, 2010</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>18,160</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6,286</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>373</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>24,819</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="16" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left">
</div>
</div>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<!-- Begin Block Tagged Note 10 - wfc:GuaranteesAndLegalActionsTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>10. GUARANTEES AND LEGAL ACTIONS</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Guarantees</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Guarantees are contracts that contingently require us to make payments to a guaranteed party based
on an event or a change in an underlying asset, liability, rate or index. Guarantees are generally
in the form of standby letters of credit, securities lending and other indemnifications, liquidity
agreements, written put options, recourse obligations, residual value guarantees, and contingent
consideration. The following table shows carrying value, maximum exposure to loss on our guarantees
and the amount with a higher risk of performance.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="28%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="24" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="10" style="border-bottom: 1px solid #000000"><b>March 31, 2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="10" style="border-bottom: 1px solid #000000">Dec. 31, 2009</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Maximum</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Non-</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Maximum</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Non-</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Carrying</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>exposure</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>investment</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Carrying</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">exposure</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">investment</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>value</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>to loss</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>grade</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">value</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">to loss</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">grade</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Standby letters of credit
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>147</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>48,162</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>20,189</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">148</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">49,997</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">21,112</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Securities lending and other indemnifications
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>51</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>14,951</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,524</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">51</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">20,002</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,512</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Liquidity agreements (1)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>68</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">66</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,744</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Written put options (1)(2)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>769</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>8,199</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,824</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">803</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8,392</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,674</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Loans sold with recourse
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>103</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5,030</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,246</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">96</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,049</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,400</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Residual value guarantees
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>8</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>197</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">197</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Contingent consideration
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>33</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>119</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>116</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">145</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">102</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other guarantees
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>119</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">55</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Total guarantees
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,111</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>76,845</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>28,901</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,183</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">91,581</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">29,802</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="24" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Certain of these agreements are related to off-balance sheet entities and,
accordingly, are also disclosed in Note 7 in this Report.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Written put options, which are in the form of derivatives, are also included in the
derivative disclosures in Note 11 in this Report.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">“Maximum exposure to loss” and “Non-investment grade” are required disclosures under GAAP.
Non-investment grade represents those guarantees on which we have a higher risk of being required
to perform under the terms of the guarantee. If the underlying assets under the guarantee are
non-investment grade (that is, an external rating that is below investment grade or an internal
credit default grade that is equivalent to a below investment grade external rating), we consider
the risk of performance to be high. Internal credit default grades are determined based upon the
same credit policies that we use to evaluate the risk of payment or performance when making loans
and other extensions of credit. These credit policies are more fully described in Note 5 in this
Report.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Maximum exposure to loss represents the estimated loss that would be incurred under an assumed
hypothetical circumstance, despite what we believe is its extremely remote possibility, where the
value of our interests and any associated collateral declines to zero, without any consideration of
recovery or offset from any economic hedges. Accordingly, this required disclosure is not an
indication of expected loss. We believe the carrying value, which is either fair value or cost
adjusted for incurred credit losses, is more representative of our exposure to loss than maximum
exposure to loss.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We issue standby letters of credit, which include performance and financial guarantees, for
customers in connection with contracts between our customers and third parties. Standby letters of
credit are agreements where we are obligated to make payment to a third party on behalf of a
customer in the event the customer fails to meet their contractual obligations. We consider the
credit risk in standby letters of credit and commercial and similar letters of credit in
determining the allowance for credit losses.
</div>
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">As a securities lending agent, we loan client securities, on a fully collateralized basis, to third
party borrowers. We indemnify our clients against borrower default of a return of those securities
and, in certain cases, against collateral losses. We support these guarantees with collateral,
generally in the form of cash or highly liquid securities that is marked to market daily. There was
$15.4 billion at March 31, 2010, and $20.7 billion at December 31, 2009, in collateral supporting
loaned securities with values of $15.0 billion and $20.0 billion, respectively.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We enter into other types of indemnification agreements in the ordinary course of business under
which we agree to indemnify third parties against any damages, losses and expenses incurred in
connection with legal and other proceedings arising from relationships or transactions with us.
These relationships or transactions include those arising from service as a director or officer of
the Company, underwriting agreements relating to our securities, acquisition agreements and various
other business transactions or arrangements. Because the extent of our obligations under these
agreements depends entirely upon the occurrence of future events, our potential future liability
under these agreements is not determinable.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We provide liquidity facilities on all commercial paper issued by the conduit we administer. We
also provide liquidity to certain off-balance sheet entities that hold securitized fixed-rate
municipal bonds and consumer or commercial assets that are partially funded with the issuance of
money market and other short-term notes. The decrease in maximum exposure to loss from December 31,
2009, is due to the amounts related to the liquidity facility on the commercial paper conduit being
removed from the disclosed amounts due to the consolidation of the commercial paper conduit upon
adoption of new consolidation accounting guidance. See Note 7 in this Report for additional
information on these arrangements.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Written put options are contracts that give the counterparty the right to sell to us an underlying
instrument held by the counterparty at a specified price, and include options, floors, caps and
credit default swaps. These written put option contracts generally permit net settlement. While
these derivative transactions expose us to risk in the event the option is exercised, we manage
this risk by entering into offsetting trades or by taking short positions in the underlying
instrument. We offset substantially all put options written to customers with purchased options.
Additionally, for certain of these contracts, we require the counterparty to pledge the underlying
instrument as collateral for the transaction. Our ultimate obligation under written put options is
based on future market conditions and is only quantifiable at settlement. See Note 7 in this Report
for additional information regarding transactions with VIEs and Note 11 in this Report for
additional information regarding written derivative contracts.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">In certain loan sales or securitizations, we provide recourse to the buyer whereby we are required
to repurchase loans at par value plus accrued interest on the occurrence of certain credit-related
events within a certain period of time. The maximum exposure to loss represents the outstanding
principal balance of the loans sold or securitized that are subject to recourse provisions, but the
likelihood of the repurchase of the entire balance is remote and amounts paid can be recovered in
whole or in part from the sale of collateral. In first quarter 2010, we did not repurchase a
significant amount of loans associated with these agreements.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We have provided residual value guarantees as part of certain leasing transactions of corporate
assets. At March 31, 2010, the only remaining residual value guarantee related to a leasing
transaction on certain corporate buildings. The lessors in these leases are generally large
financial institutions or their leasing subsidiaries. These guarantees protect the lessor from loss
on sale of the related asset at the end of the lease term. To the extent that a sale of the leased
assets results in proceeds less than a stated percent (generally 80% to 89%) of the asset’s cost
less depreciation, we would be required to reimburse the lessor under our guarantee.
</div>
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</div>
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<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">In connection with certain brokerage, asset management, insurance agency and other acquisitions we
have made, the terms of the acquisition agreements provide for deferred payments or additional
consideration, based on certain performance targets.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We have entered into various contingent performance guarantees through credit risk participation
arrangements. Under these agreements, if a customer defaults on its obligation to perform under
certain credit agreements with third parties, we will be required to make payments to the third
parties.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Legal Actions</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following supplements and amends our discussion of certain matters previously reported in Item
3 (Legal Proceedings) of our 2009 Form 10-K for events occurring in first quarter 2010.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><u>Auction Rate Securities</u> Plaintiffs have appealed the January 26, 2010, dismissal of two
civil class actions pending against Wells Fargo affiliated defendants.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><u>Casa de Cambio Investigation</u> In March 2010, Wachovia Bank, N.A. entered into a Deferred
Prosecution Agreement with the U.S. Attorney’s Office for the Southern District of Florida and U.S.
Department of Justice, and entered into separate consent agreements with the Office of the
Comptroller of the Currency and the Financial Crimes Enforcement Network to resolve those agencies’
investigations into these matters, the substance of which occurred prior to Wachovia’s acquisition
by Wells Fargo & Company. The Deferred Prosecution Agreement was approved on March 17, 2010, by the
U.S. District Court for the Southern District of Florida. Wachovia Bank, N.A. paid a total of $160
million to satisfy the forfeitures and penalties provided for in the various agreements and further
agreed to continue certain remediation and compliance efforts. Settlement of this matter was
previously described in a Form 8-K filed on March 17, 2010.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><u>ERISA Litigation</u> On April 6, 2010, the U.S. District Court for the District of Minnesota
certified a class of participants in Wells Fargo’s 401(k) Plan in a case captioned <i>Figas v. Wells
Fargo & Company, et al. </i>Figas purports to bring claims on behalf of participants who had assets in
certain Wells Fargo affiliated funds from November 2, 2001, to September 22, 2009, alleging breach
of fiduciary duty in connection with the offer of Wells Fargo affiliated funds as investment
choices in the Plan.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><u>Golden West and Related Litigation</u> On May 3, 2010, the judge in the Southern District of
New York issued an order granting Plaintiffs leave to amend the class action and other complaints
pending in that court, and directing the parties to submit a schedule for the filing of the amended
complaints and new motions to dismiss. This order terminates the motions to dismiss the prior
complaints which had been pending.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><u>In re Wells Fargo Mortgage-Backed Certificates Litigation and Mortgage Related
Investigations</u> This lawsuit is comprised of several securities law based putative class
actions, consolidated in the U.S. District Court for the Northern District of California on July
16, 2009. The case is brought against several Wells Fargo mortgage-backed securities trusts, Wells
Fargo Bank, N.A. and other affiliated entities, individual employee defendants, along with various
underwriters and rating agencies. The plaintiffs allege that the offering documents contained
untrue statements of material fact, or omitted to state material facts necessary to make the
registration statements and accompanying prospectuses not misleading. The allegations are regarding
the underwriting standards used in connection with the origination of the underlying mortgages, the
maximum loan-to-value ratios used to qualify borrowers, and the appraisals of the properties
underlying the mortgages. Motions to dismiss, filed on behalf of all defendants, were granted in
part and denied in part by a court order entered on April 22, 2010. The plaintiffs were granted
leave to amend some of their claims.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Certain government entities are conducting investigations into the mortgage lending practices of
various Wells Fargo affiliated entities, including whether borrowers were steered to more costly
mortgage products. Wells Fargo intends to cooperate fully with these
investigations.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><u>LeNature’s Inc.</u> On March 15, 2010, the Mecklenburg County Superior Court entered an order
allowing the hedge fund defendants to assert their tort claims in the New York state action. The
holders of LeNature’s Senior Subordinated Notes filed an amended complaint in the California
action, and Wachovia has filed its demurrer to that complaint. The action filed by the trustee
under the indenture for the Senior Subordinated Notes offering was dismissed by the U.S. District
Court for the Western District of Pennsylvania on April 16, 2010.
</div>
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</div>
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<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><u>Municipal Derivatives Bid Practice Investigation</u> Defendants’ motion to dismiss the second
consolidated amended complaint was denied by the U.S. District Court for the Southern District of
New York on March 25, 2010. On April 26, 2010, the same court also denied motions to dismiss eleven
related cases filed by municipalities in California.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><u>Payment Processing Center</u> On March 17, 2010, the U.S. District Court for the Southern
District of Florida approved a Deferred Prosecution Agreement between the U.S. Department of
Justice and Wachovia Bank, N.A., which resolved the Department of Justice’s investigation into this
matter. The Company believes all pending governmental investigations relating to this matter are
now concluded.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><u>Outlook</u>
In accordance with ASC 450 (formerly FAS 5), Wells Fargo has
established estimated liabilities for litigation matters with loss
contingencies that are both probable and estimable. For these matters
and others where an unfavorable outcome is reasonably possible but
not probable, there may be a range of possible losses in excess of
the estimated liability that cannot be estimated. In the event of
unexpected future developments, it is possible that the ultimate
resolution of those matters, if unfavorable, may be material to Wells
Fargo’s results of operations for any particular period.
</div>
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</div>
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<div style="font-family: 'Times New Roman',Times,serif">
<div align="left">
</div>
</div>
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<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>11. DERIVATIVES</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We use derivatives to manage exposure to market risk, interest rate risk, credit risk and foreign
currency risk, to generate profits from proprietary trading and to assist customers with their risk
management objectives. Derivative transactions are measured in terms of the notional amount, but
this amount is not recorded on the balance sheet and is not, when viewed in isolation, a meaningful
measure of the risk profile of the instruments. The notional amount is generally not exchanged, but
is used only as the basis on which interest and other payments are determined. Our approach to
managing interest rate risk includes the use of derivatives. This helps minimize significant,
unplanned fluctuations in earnings, fair values of assets and liabilities, and cash flows caused by
interest rate volatility. This approach involves modifying the repricing characteristics of certain
assets and liabilities so that changes in interest rates do not have a significant adverse effect
on the net interest margin and cash flows. As a result of interest rate fluctuations, hedged assets
and liabilities will gain or lose market value. In a fair value hedging strategy, the effect of
this unrealized gain or loss will generally be offset by the gain or loss on the derivatives linked
to the hedged assets and liabilities. In a cash flow hedging strategy, we manage the variability of
cash payments due to interest rate fluctuations by the effective use of derivatives linked to
hedged assets and liabilities.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We use derivatives that are designed as qualifying hedge contracts as defined by the Derivatives
and Hedging topic in the Codification as part of our interest rate and foreign currency risk
management, including interest rate swaps, caps and floors, futures and forward contracts, and
options. We also offer various derivatives, including interest rate, commodity, equity, credit and
foreign exchange contracts, to our customers but usually offset our exposure from such contracts by
purchasing other financial contracts. The customer accommodations and any offsetting financial
contracts are treated as free-standing derivatives. Free-standing derivatives also include
derivatives we enter into for risk management that do not otherwise qualify for hedge accounting,
including economic hedge derivatives. To a lesser extent, we take positions based on market
expectations or to benefit from price differentials between financial instruments and markets.
Additionally, free-standing derivatives include embedded derivatives that are required to be
separately accounted for from their host contracts.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Our derivative activities are monitored by the Corporate Asset/Liability Management Committee
(Corporate ALCO). Our Treasury function, which includes asset/liability management, is responsible
for various hedging strategies developed through analysis of data from financial models and other
internal and industry sources. We incorporate the resulting hedging strategies into our overall
interest rate risk management and trading strategies.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">The total notional or contractual amounts and fair values for derivatives were:
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="28%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="24" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="10" style="border-bottom: 1px solid #000000"><b>March 31, 2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="10" style="border-bottom: 1px solid #000000">Dec. 31, 2009</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Notional or</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000"><b>Fair value</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Notional or</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Fair value</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>contractual</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Asset</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Liability</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">contractual</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Asset</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Liability</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>amount</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>derivatives</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>derivatives</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">amount</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">derivatives</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">derivatives</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Qualifying hedge contracts </b>(1)
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Interest rate contracts (2)
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>116,474</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6,696</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,273</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">119,966</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,425</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,302</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Foreign exchange contracts
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>28,965</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,533</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,307</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">30,212</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,553</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">811</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="1" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="7" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="6" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Total derivatives designated as qualifying
hedging instruments
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>8,229</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,580</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,978</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,113</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="1" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="7" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="6" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Derivatives not designated as hedging instruments</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Free-standing derivatives (economic hedges) (1):
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Interest rate contracts (3)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>621,340</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,624</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,894</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">633,734</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,441</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,873</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Equity contracts
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">300</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Foreign exchange contracts
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>7,700</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>172</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>22</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,019</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">233</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">29</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Credit contracts — protection purchased
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>533</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>169</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">577</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">261</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Other derivatives
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>4,558</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>31</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,583</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">40</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="1" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="7" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="6" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px">Subtotal
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,969</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,947</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,935</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,944</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="1" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="7" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="6" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Customer accommodation, trading
and other free-standing derivatives (4):
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Interest rate contracts (5)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>2,554,523</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>53,755</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>53,030</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,741,119</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">54,873</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">54,033</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Commodity contracts
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>87,460</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,237</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,156</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">92,182</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,400</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,182</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Equity contracts (5)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>70,974</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,784</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,032</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">71,572</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,459</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,067</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Foreign exchange contracts (5)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>144,788</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,559</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,038</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">142,012</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,084</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,737</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Credit contracts — protection sold
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>75,175</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>888</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>9,284</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">76,693</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">979</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,577</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Credit contracts — protection purchased
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>82,456</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>8,333</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>844</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">81,357</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,349</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,089</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Other derivatives (5)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>2,332</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>29</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>92</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,314</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">427</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">171</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="1" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="7" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="6" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px">Subtotal
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>73,585</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>73,476</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">76,571</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">75,856</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="1" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="7" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="6" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Total derivatives not designated as
hedging instruments
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>77,554</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>77,423</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">81,506</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">80,800</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="1" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="7" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="6" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Total derivatives before netting
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>85,783</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>80,003</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">89,484</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">82,913</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="1" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="7" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="6" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Netting (6)
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(64,535</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(71,791</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(65,926</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(73,303</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="1" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="7" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td colspan="6" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:75px; text-indent:-15px">Total
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>21,248</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>8,212</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">23,558</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,610</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="24" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Represents asset/liability management hedges, which are included in other assets or other liabilities.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Notional amounts presented exclude $20.9 billion at March 31, 2010, and December 31, 2009, of basis swaps that are combined with receive fixed-rate / pay floating-rate
swaps and designated as one hedging instrument.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(3)</td>
<td> </td>
<td>Includes free-standing derivatives (economic hedges) used to hedge the risk of changes in the fair value of residential MSRs, MHFS, interest rate lock commitments and
other interests held.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(4)</td>
<td> </td>
<td>Customer accommodation, trading and other free-standing derivatives are included in trading assets or other liabilities.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(5)</td>
<td> </td>
<td>Amounts at December 31, 2009, have been revised to conform to the March 31, 2010, basis of presentation.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(6)</td>
<td> </td>
<td>Represents netting of derivative asset and liability balances, and related cash collateral, with the same counterparty subject to master netting arrangements under the
accounting guidance covering the offsetting of amounts related to certain contracts. The amount of cash collateral netted against derivative assets and liabilities was $4.9
billion and $12.2 billion, respectively, at March 31, 2010, and $5.3 billion and $14.1 billion, respectively, at December 31, 2009.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Fair Value Hedges</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We use interest rate swaps to convert certain of our fixed-rate long-term debt and certificates of
deposit (CDs) to floating rates to hedge our exposure to interest rate risk. We also enter into
cross-currency swaps, cross-currency interest rate swaps and forward contracts to hedge our
exposure to foreign currency risk and interest rate risk associated with the issuance of non-U.S.
dollar denominated long-term debt and repurchase agreements. Consistent with our asset/liability
management strategy of converting fixed-rate debt to floating-rates, we believe interest expense
should reflect only the current contractual interest cash flows on the liabilities and the related
swaps. In addition, we use interest rate swaps and forward contracts to hedge against changes in
fair value of certain debt securities that are classified as securities available for sale, due to
changes in interest rates, foreign currency rates, or both. For fair value hedges of long-term
debt, CDs, repurchase agreements and debt securities, all parts of each derivative’s
gain or loss due to the hedged risk are included in the assessment of hedge effectiveness, except
for foreign-currency denominated securities available for sale, short-term borrowings and long-term
debt hedged with forward derivatives for which the time value component of the derivative gain or
loss is excluded from the assessment of hedge effectiveness.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">For fair value hedging relationships, we use statistical regression analysis to assess hedge
effectiveness, both at inception of the hedging relationship and on an ongoing basis. The
regression analysis involves regressing the periodic change in fair value of the hedging instrument
against the periodic changes in fair value of the asset or liability being hedged due to changes in
the hedged risk(s). The assessment includes an evaluation of the quantitative measures of the
regression results used to validate the conclusion of high effectiveness.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following table shows the net gains (losses) recognized in the income statement related to
derivatives in fair value hedging relationships as defined by the Derivatives and Hedging topic in
the Codification.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="28%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="24" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6">Interest rate</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="10"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">contracts hedging:</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="10" style="border-bottom: 1px solid #000000">Foreign exchange contracts hedging:</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Total net</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Securities</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Securities</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">gains (losses)</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">available</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Long-term</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">available</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Short-term</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Long-term</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">on fair value</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">for sale</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">debt</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">for sale</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">borrowings</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">debt</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">hedges</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
<b>Quarter ended March 31, 2010</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Gains (losses) recorded in net interest income</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"><b>$</b></td>
<td align="right"><b>(94</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>531</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>97</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>533</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
<b>Gains (losses) recorded in noninterest income</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Recognized on derivatives</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"><b>$</b></td>
<td align="right"><b>(126</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>532</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>119</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,136</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(611</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Recognized on hedged item</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>135</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(517</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(119</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,154</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>653</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Recognized on fair value hedges
(ineffective portion) (1)</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>9</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>15</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>18</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>42</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
Quarter ended March 31, 2009
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Gains (losses) recorded in net interest income
</div></td>
<td> </td>
<td nowrap="nowrap" align="left">$</td>
<td align="right">(41</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">264</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(28</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">16</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">76</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">287</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
Gains (losses) recorded in noninterest income
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Recognized on derivatives
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">82</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(789</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">2</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(262</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(968</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Recognized on hedged item
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(93</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">798</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">1</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">330</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,034</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Recognized on fair value hedges
(ineffective portion) (1)
</div></td>
<td> </td>
<td nowrap="nowrap" align="left">$</td>
<td align="right">(11</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">9</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">68</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">66</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="24" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>First quarter 2010 includes approximately $1 million of
gains on forward derivatives hedging foreign-currency securities available for sale, short-term borrowings and
long-term debt, representing the portion of derivative gains or loss
excluded from assessment of hedge effectiveness (time value). For first quarter 2009, none of the change in value
of derivatives was excluded from the assessment of hedge effectiveness.</td>
</tr>
</table>
</div>
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Cash Flow Hedges</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We hedge floating-rate debt against future interest rate increases by using interest rate swaps,
caps, floors and futures to limit variability of cash flows due to changes in the benchmark
interest rate. We also use interest rate swaps and floors to hedge the variability in interest
payments received on certain floating-rate commercial loans, due to changes in the benchmark
interest rate. Gains and losses on derivatives that are reclassified from cumulative OCI to current
period earnings are included in the line item in which the hedged item’s effect on earnings is
recorded. All parts of gain or loss on these derivatives are included in the assessment of hedge
effectiveness. For all cash flow hedges, we assess hedge effectiveness using regression analysis,
both at inception of the hedging relationship and on an ongoing basis. The regression analysis
involves regressing the periodic changes in cash flows of the hedging instrument against the
periodic changes in cash flows of the forecasted transaction being hedged due to changes in the
hedged risk(s). The assessment includes an evaluation of the quantitative measures of the
regression results used to validate the conclusion of high effectiveness.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We expect that $299 million of deferred net gains on derivatives in OCI at March 31, 2010, will be
reclassified as earnings during the next twelve months, compared with $284 million at December 31,
2009. We are hedging our exposure to the variability of future cash flows for all forecasted
transactions for a maximum of 8 years for both hedges of floating-rate debt and floating-rate
commercial loans.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following table shows the net gains recognized related to derivatives in cash flow hedging
relationships as defined by the Derivatives and Hedging topic in the Codification.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Quarter ended March 31</td>
<td>,</td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Gains (after tax) recognized in OCI on derivatives (effective portion)
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>159</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">68</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Gains (pre tax) reclassified from cumulative
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">OCI into net interest income (effective portion)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>142</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">135</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Gains (pre tax) recognized in noninterest income
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">on derivatives (ineffective portion) (1)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>7</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="8" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>None of the change in value of the derivatives was excluded from the assessment of hedge effectiveness.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Free-Standing Derivatives</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We use free-standing derivatives (economic hedges), in addition to debt securities available for
sale, to hedge the risk of changes in the fair value of residential MSRs, new prime residential
MHFS, derivative loan commitments and other interests held, with the resulting gain or loss
reflected in other income.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The derivatives used to hedge residential MSRs, which include swaps, swaptions, forwards,
Eurodollar and Treasury futures and options contracts, resulted in net derivative gains of $1.8
billion in first quarter 2010 and $3.7 billion in first quarter 2009 from economic hedges related
to our mortgage servicing activities and are included in mortgage banking noninterest income. The
aggregate fair value of these derivatives used as economic hedges was a net liability of $172
million at March 31, 2010, and $961 million at December 31, 2009. Changes in fair value of debt
securities available for sale (unrealized gains and losses) are not included in servicing income,
but are reported in cumulative OCI (net of tax) or, upon sale, are reported in net gains (losses)
on debt securities available for sale.
</div>
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">Interest rate lock commitments for residential mortgage loans that we intend to sell are considered
free-standing derivatives. Our interest rate exposure on these derivative loan commitments, as well
as most new prime residential MHFS for which we have elected the fair value option, is hedged with
free-standing derivatives (economic hedges) such as forwards and options, Eurodollar futures and
options, and Treasury futures, forwards and options contracts. The commitments, free-standing
derivatives and residential MHFS are carried at fair value with changes in fair value included in
mortgage banking noninterest income. For interest rate lock commitments we include, at inception
and during the life of the loan commitment, the expected net future cash flows related to the
associated servicing of the loan as part of the fair value measurement of derivative loan
commitments. Changes subsequent to inception are based on changes in fair value of the underlying
loan resulting from the exercise of the commitment and changes in the probability that the loan
will not fund within the terms of the commitment (referred to as a fall-out factor). The value of
the underlying loan is affected primarily by changes in interest rates and the passage of time.
However, changes in investor demand, such as concerns about credit risk, can also cause changes in
the spread relationships between underlying loan value and the derivative financial instruments
that cannot be hedged. The aggregate fair value of derivative loan commitments in the balance sheet
was a net asset of $28 million at March 31, 2010, and a net liability of $312 million at December
31, 2009, and is included in the caption “Interest rate contracts” under “Customer accommodation,
trading and other free-standing derivatives” in the table on
page 98.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We also enter into various derivatives primarily to provide derivative products to customers. To a
lesser extent, we take positions based on market expectations or to benefit from price
differentials between financial instruments and markets. These derivatives are not linked to
specific assets and liabilities in the balance sheet or to forecasted transactions in an accounting
hedge relationship and, therefore, do not qualify for hedge accounting. We also enter into
free-standing derivatives for risk management that do not otherwise qualify for hedge accounting.
They are carried at fair value with changes in fair value recorded as part of other noninterest
income.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Additionally, free-standing derivatives include embedded derivatives that are required to be
accounted for separate from their host contract. We periodically issue hybrid long-term notes and
CDs where the performance of the hybrid instrument notes is linked to an equity, commodity or
currency index, or basket of such indices. These notes contain explicit terms that affect some or
all of the cash flows or the value of the note in a manner similar to a derivative instrument and
therefore are considered to contain an “embedded” derivative instrument. The indices on which the
performance of the hybrid instrument is calculated are not clearly and closely related to the host
debt instrument. In accordance with accounting guidance for derivatives, the “embedded” derivative
is separated from the host contract and accounted for as a free-standing derivative.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following table shows the net gains (losses) recognized in the income statement related to
derivatives not designated as hedging instruments under the Derivatives and Hedging topic of the
Codification.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Quarter ended March 31</td>
<td>,</td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Gains (losses) recognized on free-standing derivatives (economic hedges):</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Interest rate contracts (1)
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Recognized in noninterest income:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px">Mortgage banking
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>668</b></td>
<td> </td>
<td> </td>
<td align="left"></td>
<td align="right">2,364</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px">Other
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(6</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(5</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Foreign exchange contracts
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>76</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">80</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Equity contracts
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Credit contracts
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(89</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(58</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:75px; text-indent:-15px">Subtotal
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>649</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,383</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Gains (losses) recognized on customer accommodation, trading and other free-standing derivatives:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Interest rate contracts (2)
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Recognized in noninterest income:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px">Mortgage banking
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>903</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,013</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px">Other
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>319</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">313</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Commodity contracts
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>20</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(12</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Equity contracts
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(46</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(123</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Foreign exchange contracts
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>118</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">113</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Credit contracts
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(430</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">254</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Other
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(7</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(163</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:75px; text-indent:-15px">Subtotal
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>877</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,395</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:90px; text-indent:-15px">Net gains recognized related to derivatives not designated as hedging instruments
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,526</b></td>
<td> </td>
<td> </td>
<td align="left"></td>
<td align="right">3,778</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="8" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Predominantly mortgage banking noninterest income including gains (losses) on the derivatives used as economic hedges of MSRs, interest rate lock
commitments, loans held for sale and mortgages held for sale.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Predominantly mortgage banking noninterest income including gains (losses) on interest rate lock commitments.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Credit Derivatives</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We use credit derivatives to manage exposure to credit risk related to lending and investing
activity and to assist customers with their risk management objectives. This may include protection
sold to offset purchased protection in structured product transactions, as well as liquidity
agreements written to special purpose vehicles. The maximum exposure of sold credit derivatives is
managed through posted collateral, purchased credit derivatives and similar products in order to
achieve our desired credit risk profile. This credit risk management provides an ability to recover
a significant portion of any amounts that would be paid under the sold credit derivatives. We would
be required to perform under the noted credit derivatives in the event of default by the referenced
obligors. Events of default include events such as bankruptcy, capital restructuring or lack of
principal and/or interest payment. In certain cases, other triggers may exist, such as the credit
downgrade of the referenced obligors or the inability of the special purpose vehicle for which we
have provided liquidity to obtain funding.
</div>
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following table provides details of sold and purchased credit derivatives.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="23%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="28" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="18" style="border-bottom: 1px solid #000000">Notional amount</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Protection</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Protection</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">sold—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">purchased</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Net</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">non-</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">with</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">protection</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Other</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Fair value</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Protection</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">investment</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">identical</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">sold</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">protection</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Range of</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">liability</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">sold (A)</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">grade</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">underlyings (B)</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">(A) - (B)</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">purchased</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">maturities</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="28" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
<b>March 31, 2010</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Credit default swaps on:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Corporate bonds</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,933</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>50,246</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>22,663</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>39,458</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>10,788</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>12,474</b></td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right"><b>2010-2018</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Structured products</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>4,736</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6,274</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5,434</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,849</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,425</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,125</b></td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right"><b>2015-2056</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Credit protection on:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Default swap index</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>15</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6,639</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,931</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6,541</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>98</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>294</b></td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right"><b>2010-2017</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Commercial mortgage-
backed securities index</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>2,006</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5,283</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>762</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,953</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>330</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>117</b></td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right"><b>2048-2052</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Asset-backed securities index</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>577</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>783</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>619</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>782</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>53</b></td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right"><b>2037-2046</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Loan deliverable credit
default swaps</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>6</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>500</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>490</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>419</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>81</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>271</b></td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right"><b>2010-2014</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Other</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>11</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5,450</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,903</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>43</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5,407</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,920</b></td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right"><b>2010-2056</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Total credit derivatives</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>9,284</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>75,175</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>37,802</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>57,045</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>18,130</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>20,254</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="28" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td><br />
<div style="margin-left:15px; text-indent:-15px">
December 31, 2009
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Credit default swaps on:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Corporate bonds
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">2,419</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">55,511</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">23,815</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">44,159</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11,352</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12,634</td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right">2010-2018</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Structured products
</div></td>
<td> </td>
<td> </td>
<td align="right">4,498</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,627</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,084</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,999</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,628</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,018</td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right">2014-2056</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Credit protection on:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Default swap index
</div></td>
<td> </td>
<td> </td>
<td align="right">23</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,611</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,765</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,202</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,409</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,510</td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right">2010-2017</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Commercial mortgage-
backed securities index
</div></td>
<td> </td>
<td> </td>
<td align="right">1,987</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,188</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">453</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,749</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">439</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">189</td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right">2049-2052</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Asset-backed securities index
</div></td>
<td> </td>
<td> </td>
<td align="right">637</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">830</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">660</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">696</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">134</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">189</td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right">2037-2046</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Loan deliverable credit
default swaps
</div></td>
<td> </td>
<td> </td>
<td align="right">12</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">510</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">494</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">423</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">87</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">287</td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right">2010-2014</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Other
</div></td>
<td> </td>
<td> </td>
<td align="right">1</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,416</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">809</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">32</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,384</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">100</td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right">2010-2020</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Total credit derivatives
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">9,577</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">76,693</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">34,080</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">59,260</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">17,433</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">18,927</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="28" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Protection sold represents the estimated maximum exposure to loss that would be incurred under an
assumed hypothetical circumstance, despite what we believe is its extremely remote possibility,
where the value of our interests and any associated collateral declines to zero, without any
consideration of recovery or offset from any economic hedges. Accordingly, this required disclosure
is not an indication of expected loss. The amounts under non-investment grade represent the
notional amounts of those credit derivatives on which we have a higher performance risk, or higher
risk of being required to perform under the terms of the credit derivative and is a function of the
underlying assets. We consider the risk of performance to be high if the underlying assets under
the credit derivative have an external rating that is below investment grade or an internal credit
default grade that is equivalent thereto. We believe the net protection sold, which is
representative of the net notional amount of protection sold and purchased with identical
underlyings, in combination with other protection purchased, is more representative of our exposure
to loss than either non-investment grade or protection sold. Other protection purchased represents
additional protection, which may offset the exposure to loss for protection sold, that was not
purchased with an identical underlying of the protection sold.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Credit-Risk Contingent Features</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Certain of our derivative contracts contain provisions whereby if the credit rating of our debt,
based on certain major credit rating agencies indicated in the relevant contracts, were to fall
below investment grade, the counterparty could demand additional collateral or require termination
or replacement of derivative instruments in a net liability position. The aggregate fair value of
all derivative instruments with such credit-risk-related contingent features that are in a net
liability position was $5.5 billion at March 31, 2010, and $7.5 billion at December 31, 2009, for
which we had posted $5.1 billion and $7.1 billion, respectively, in collateral in the normal course
of business. If the credit-risk-related contingent features underlying these agreements had been
triggered on March 31, 2010, or December 31, 2009, we would have been required to post additional
collateral of $354 million or $1.0 billion, respectively, or potentially settle the contract in an
amount equal to its fair value.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Counterparty Credit Risk</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">By using derivatives, we are exposed to counterparty credit risk if counterparties to the
derivative contracts do not perform as expected. If a counterparty fails to perform, our
counterparty credit risk is equal to the amount reported as a derivative asset on our balance
sheet. The amounts reported as a derivative asset are derivative contracts in a gain position, and
to the extent subject to master netting arrangements, net of derivatives in a loss position with
the same counterparty and cash collateral received. We minimize counterparty credit risk through
credit approvals, limits, monitoring procedures, executing master netting arrangements and
obtaining collateral, where appropriate. To the extent the master netting arrangements and other
criteria meet the requirements outlined in the Derivatives and Hedging topic of the Codification,
derivatives balances and related cash collateral amounts are shown net in the balance sheet.
Counterparty credit risk related to derivatives is considered in determining fair value.
</div>
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</div>
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<div style="font-family: 'Times New Roman',Times,serif">
<div align="left">
</div>
</div>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
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<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>12. FAIR VALUES OF ASSETS AND LIABILITIES</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We use fair value measurements to record fair value adjustments to certain assets and liabilities
and to determine fair value disclosures. Trading assets, securities available for sale,
derivatives, certain loans, prime residential MHFS, certain commercial LHFS, residential MSRs,
principal investments and securities sold but not yet purchased (short sale liabilities) are
recorded at fair value on a recurring basis. Certain loans and long-term debt are carried at fair
value on a recurring basis beginning on January 1, 2010. Additionally, from time to time, we may be
required to record at fair value other assets on a nonrecurring basis, such as nonprime residential
and commercial MHFS, certain LHFS, loans held for investment and certain other assets. These
nonrecurring fair value adjustments typically involve application of lower-of-cost-or-market
accounting or write-downs of individual assets.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Under fair value option accounting guidance, we elected to measure MHFS at fair value prospectively
for new prime residential MHFS originations, for which an active secondary market and readily
available market prices existed to reliably support fair value pricing models used for these loans.
We also elected to remeasure at fair value certain of our other interests held related to
residential loan sales and securitizations. We believe the election for MHFS and other interests
held (which are now hedged with free-standing derivatives (economic hedges) along with our MSRs)
reduces certain timing differences and better matches changes in the value of these assets with
changes in the value of derivatives used as economic hedges for these assets.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Upon the acquisition of Wachovia, we elected to measure at fair value certain portfolios of LHFS
that we intend to hold for trading purposes and that may be economically hedged with derivative
instruments. In addition, we elected to measure at fair value certain letters of credit that are
hedged with derivative instruments to better reflect the economics of the transactions. These
letters of credit are included in trading account assets or liabilities.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Upon adoption of new consolidation accounting guidance on January 1, 2009, we elected to measure
certain loans and long-term debt of consolidated VIEs under the fair value option.
We elected the fair value option to effectively continue fair value accounting through earnings for our interests in these VIEs. See Notes 1 and 7 in this Report for additional information.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Fair Value Hierarchy</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">In accordance with the Fair Value Measurements and Disclosures topic of the Codification, we group
our assets and liabilities measured at fair value in three levels, based on the markets in which
the assets and liabilities are traded and the reliability of the assumptions used to determine fair
value. These levels are:
</div>
<div style="margin-top: 1pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 12pt; text-align: left">
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="3%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>Level 1 — Valuation is based upon quoted prices for identical instruments traded in active
markets.</td>
</tr>
</table>
</div>
<div style="margin-top: 1pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 12pt; text-align: left">
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="3%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>Level 2 — Valuation is based upon quoted prices for similar instruments in active markets,
quoted prices for identical or similar instruments in markets that are not active, and
model-based valuation techniques for which all significant assumptions are observable in the
market.</td>
</tr>
</table>
</div>
<div style="margin-top: 1pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 12pt; text-align: left">
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="3%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>Level 3 — Valuation is generated from model-based techniques that use significant
assumptions not observable in the market. These unobservable assumptions reflect estimates of
assumptions that market participants would use in pricing the asset or liability. Valuation
techniques include use of option pricing models, discounted cash flow models and similar
techniques.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">In the determination of the classification of financial instruments in Level 2 or Level 3 of the
fair value hierarchy, we consider all available information, including observable market data,
indications of market liquidity and orderliness, and our understanding of the valuation techniques
and significant inputs used. For securities in inactive markets, we use a predetermined percentage
to evaluate the impact of fair value adjustments derived from weighting both external and internal
indications of value to determine if the instrument is classified as Level 2 or Level 3. Based upon
the specific facts and circumstances of each
instrument or instrument category, judgments are made regarding the significance of the Level 3
inputs to the instruments’ fair value measurement in its entirety. If Level 3 inputs are considered
significant, the instrument is classified as Level 3.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Determination of Fair Value</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">In accordance with the Fair Value Measurements and Disclosures topic of the Codification, we base
our fair values on the price that would be received to sell an asset or paid to transfer a
liability in an orderly transaction between market participants at the measurement date. It is our
policy to maximize the use of observable inputs and minimize the use of unobservable inputs when
developing fair value measurements, as prescribed in the fair value hierarchy.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">In instances where there is limited or no observable market data, fair value measurements for
assets and liabilities are based primarily upon our own estimates or combination of our own
estimates and independent vendor or broker pricing, and the measurements are often calculated based
on current pricing policy, the economic and competitive environment, the characteristics of the
asset or liability and other such factors. Therefore, the results cannot be determined with
precision and may not be realized in an actual sale or immediate settlement of the asset or
liability. Additionally, there may be inherent weaknesses in any calculation technique, and changes
in the underlying assumptions used, including discount rates and estimates of future cash flows,
that could significantly affect the results of current or future values.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We incorporate lack of liquidity into our fair value measurement based on the type of asset
measured and the valuation methodology used. For example, for residential MHFS and certain
securities where the significant inputs have become unobservable due to the illiquid markets and
vendor or broker pricing is not used, we use a discounted cash flow technique to measure fair
value. This technique incorporates forecasting of expected cash flows (adjusted for credit loss
assumptions and estimated prepayment speeds) discounted at an appropriate market discount rate to
reflect the lack of liquidity in the market that a market participant would consider. For other
securities where vendor or broker pricing is used, we use either unadjusted broker quotes or vendor
prices or vendor or broker prices adjusted by weighting them with internal discounted cash flow
techniques to measure fair value. These unadjusted vendor or broker prices inherently reflect any
lack of liquidity in the market as the fair value measurement represents an exit price from a
market participant viewpoint.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">For complete descriptions of the valuation methodologies used for assets and liabilities recorded
at fair value and for estimating fair value for financial instruments
not recorded at fair value,
see Note 16 of the 2009 10-K. There have been no material changes to our valuation methodologies in
first quarter 2010.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Assets and Liabilities Recorded at Fair Value on a Recurring Basis</b>
</div>
<div align="left" style="font-size: 12pt">The table below presents the balances of assets and liabilities measured at fair value on a
recurring basis at March 31, 2010.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="40%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="20" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left"><b>(in millions)</b></td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Level 1</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Level 2</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Level 3</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Netting</b> (1)</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Total</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em"><b>March 31, 2010</b>
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Trading assets (excluding derivatives)</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Securities of U.S. Treasury and federal agencies</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,822</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,952</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,774</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Securities of U.S. states and political subdivisions</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,162</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>12</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,174</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Collateralized debt obligations</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>23</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,889</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,912</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Corporate debt securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>10,352</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>276</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>10,628</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Equity securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,433</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>826</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>67</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,326</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Other trading securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6,329</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>390</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6,719</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Total trading securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>3,255</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>21,644</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,634</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>27,533</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Other trading assets</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>772</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>192</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>174</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,138</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px"><b>Total trading assets (excluding derivatives)</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>4,027</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>21,836</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,808</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>28,671</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Securities of U.S. Treasury and federal agencies</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,067</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,283</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,350</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Securities of U.S. states and political subdivisions</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>3</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>12,940</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,871</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>15,814</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Mortgage-backed securities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Federal agencies</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>77,890</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>77,890</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Residential</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>20,921</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>406</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>21,327</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Commercial</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>11,368</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>503</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>11,871</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Total mortgage-backed securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>110,179</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>909</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>111,088</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Corporate debt securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>9,217</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>503</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>9,720</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Collateralized debt obligations</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,851</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,851</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Asset-backed securities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Auto loans and leases</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>348</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>7,587</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>7,935</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Home equity loans</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,073</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>107</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,180</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Other asset-backed securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,964</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,190</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,154</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Total asset-backed securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,385</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>9,884</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>13,269</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Other debt securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>636</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>79</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>715</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px"><b>Total debt securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,070</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>137,640</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>18,097</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>156,807</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Marketable equity securities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Perpetual preferred securities </b>(2)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>734</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>885</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,967</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,586</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Other marketable equity securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>884</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>198</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>12</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,094</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px"><b>Total marketable equity securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,618</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,083</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,979</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5,680</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:75px; text-indent:-15px"><b>Total securities available for sale</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>2,688</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>138,723</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>21,076</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>162,487</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Mortgages held for sale</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>28,593</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3,338</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>31,931</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Loans held for sale</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>297</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>297</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Loans</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>371</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>371</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Mortgage servicing rights (residential)</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>15,544</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>15,544</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Derivative assets:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Interest rate contracts</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>680</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>62,700</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>695</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>64,075</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Commodity contracts</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,236</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,237</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Equity contracts</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>257</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,709</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>818</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,784</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Foreign exchange contracts</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>34</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5,219</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>11</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5,264</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Credit contracts</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5,086</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,304</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>9,390</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Other derivative contracts</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>28</b></td>
<td nowrap="nowrap"><b></b></td>
<td> </td>
<td> </td>
<td align="right"><b>5</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>33</b></td>
<td nowrap="nowrap"><b> </b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Netting</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(64,535</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(64,535</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px"><b>Total derivative assets </b>(3)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>972</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>78,978</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5,833</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(64,535</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>21,248</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Other assets</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>700</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>716</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>377</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,793</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:90px; text-indent:-15px"><b>Total assets recorded at fair value</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>8,387</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>269,143</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>49,347</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(64,535</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>262,342</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-bottom: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Derivative liabilities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Interest rate contracts</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"><b>$</b></td>
<td align="right"><b>(619</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(57,140</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(438</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(58,197</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Commodity contracts</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(4,156</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(4,156</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Equity contracts</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(128</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,805</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,099</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(3,032</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Foreign exchange contracts</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(32</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(4,328</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(7</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(4,367</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Credit contracts</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(5,066</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(5,062</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(10,128</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Other derivative contracts</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>(88</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(35</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(123</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Netting</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>71,791</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>71,791</b></td>
<td><b></b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px"><b>Total derivative liabilities </b>(4)
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(779</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(72,583</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(6,641</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>71,791</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(8,212</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Short sale liabilities</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Securities of U.S. Treasury and federal agencies</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(2,197</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(2,197</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Corporate debt securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(376</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(65</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(441</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Equity securities</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(2,344</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(132</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(2,476</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Other securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(3,402</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(3,402</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Total short sale liabilities</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(4,541</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(3,882</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(65</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(8,516</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Other liabilities</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>—</b></td>
<td nowrap="nowrap"><b></b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(13</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,672</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,685</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:90px; text-indent:-15px"><b>Total liabilities recorded at fair value</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"><b>$</b></td>
<td align="right"><b>(5,320</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(76,506</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(8,378</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>71,791</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(18,413</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="20" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Derivatives are reported net of cash collateral received and paid and, to the extent that
the criteria of the accounting guidance covering the offsetting of amounts related to certain
contracts are met, positions with the same counterparty are netted as part of a legally
enforceable master netting agreement.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Perpetual preferred securities are primarily ARS. See Note 7 for additional information.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(3)</td>
<td> </td>
<td>Derivative assets include contracts qualifying for hedge accounting, economic hedges, and
derivatives included in trading assets.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(4)</td>
<td> </td>
<td>Derivative liabilities include contracts qualifying for hedge accounting, economic hedges, and
derivatives included in trading liabilities.</td>
</tr>
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">The table below presents the balances of assets and liabilities measured at fair value on a
recurring basis at December 31, 2009.
</div>
<div align="center">
<table style="font-size: 9pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="40%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="20" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Level 1</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Level 2</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Level 3</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Netting</td>
<td> (1) </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Total</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td><p style="margin-top: 1em">
</p>
<div style="margin-left:15px; text-indent:-15px">December 31, 2009
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Trading assets (excluding derivatives) (2)
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">2,386</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">20,497</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,311</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">25,194</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Derivatives (trading assets)
</div></td>
<td> </td>
<td> </td>
<td align="right">340</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">70,938</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,682</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(59,115</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">17,845</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Securities of U.S. Treasury and federal agencies
</div></td>
<td> </td>
<td> </td>
<td align="right">1,094</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,186</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,280</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Securities of U.S. states and political subdivisions
</div></td>
<td> </td>
<td> </td>
<td align="right">4</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12,708</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">818</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">13,530</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Mortgage-backed securities:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Federal agencies
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">82,818</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">82,818</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Residential
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">27,506</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,084</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">28,590</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Commercial
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,162</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,799</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,961</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Total mortgage-backed securities
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">119,486</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,883</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">122,369</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Corporate debt securities
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8,968</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">367</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,335</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Collateralized debt obligations
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,725</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,725</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Other
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,292</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12,587</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">15,879</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px">Total debt securities
</div></td>
<td> </td>
<td> </td>
<td align="right">1,098</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">145,640</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">20,380</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">167,118</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Marketable equity securities:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Perpetual preferred securities
</div></td>
<td> </td>
<td> </td>
<td align="right">736</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">834</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,305</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,875</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Other marketable equity securities
</div></td>
<td> </td>
<td> </td>
<td align="right">1,279</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">350</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">88</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,717</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px">Total marketable equity securities
</div></td>
<td> </td>
<td> </td>
<td align="right">2,015</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,184</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,393</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,592</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:75px; text-indent:-15px">Total securities available for sale
</div></td>
<td> </td>
<td> </td>
<td align="right">3,113</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">146,824</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">22,773</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">172,710</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Mortgages held for sale
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">33,439</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,523</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">36,962</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Loans held for sale
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">149</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">149</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Mortgage servicing rights (residential)
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">16,004</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">16,004</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Other assets (3)
</div></td>
<td> </td>
<td> </td>
<td align="right">1,932</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11,720</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,690</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(6,812</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">8,530</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:90px; text-indent:-15px">Total assets recorded at fair value
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">7,771</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">283,567</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">51,983</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(65,927</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">277,394</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Other liabilities (4)
</div></td>
<td> </td>
<td nowrap="nowrap" align="left">$</td>
<td align="right">(6,527</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(81,613</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(7,942</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">73,299</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(22,783</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Derivatives are reported net of cash collateral received and paid and, to the extent that the
criteria of the accounting guidance covering the offsetting of amounts related to certain contracts
are met, positions with the same counterparty are netted as part of a legally enforceable master
netting agreement.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Includes trading securities of $24.0 billion.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(3)</td>
<td> </td>
<td>Derivative assets other than trading and principal investments are included in this category.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(4)</td>
<td> </td>
<td>Derivative liabilities are included in this category.</td>
</tr>
</table>
</div>
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">The
changes in first quarter 2010 for Level 3 assets and liabilities
measured at fair value on a recurring basis are summarized as follows:
</div>
<div align="center">
<table style="font-size: 8pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="20%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="32" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt; font-weight: bold" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Net unrealized</td>
<td> </td>
</tr>
<tr style="font-size: 8pt; font-weight: bold" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6">Total net gains</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Purchases,</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">gains (losses)</td>
<td> </td>
</tr>
<tr style="font-size: 8pt; font-weight: bold" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">(losses) included in</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">sales,</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">included in net</td>
<td> </td>
</tr>
<tr style="font-size: 8pt; font-weight: bold" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Other</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">issuances</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">income related</td>
<td> </td>
</tr>
<tr style="font-size: 8pt; font-weight: bold" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Balance,</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">compre-</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">and</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Transfers</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Transfers</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Balance,</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">to assets and</td>
<td> </td>
</tr>
<tr style="font-size: 8pt; font-weight: bold" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">beginning</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Net</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">hensive</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">settlements,</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">into</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">out of</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">end</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">liabilities held</td>
<td> </td>
</tr>
<tr style="font-size: 8pt; font-weight: bold" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">of period</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">income</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">income</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">net</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Level 3</td>
<td> (1)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Level 3</td>
<td> (1)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">of period</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">at period end</td>
<td> (2)</td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="32" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td><p style="margin-top: 1em">
</p>
<div style="margin-left:15px; text-indent:-15px"><b>Quarter ended March 31, 2010</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Trading assets (excluding derivatives):</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Securities of U.S. states and political subdivisions</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>5</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(4</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>9</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>12</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Collateralized debt obligations</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,133</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>351</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>405</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,889</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>33</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Corporate bonds</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>223</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>7</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>40</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>9</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(3</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>276</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Equity securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>36</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>28</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>67</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Other trading securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>643</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>14</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(74</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>1</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(194</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>390</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>13</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="32" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Total trading securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>2,040</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>375</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>395</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>21</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(197</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>2,634</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>51</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="32" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Other trading assets</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>271</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(15</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(82</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>174</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(7</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="32" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px"><b>Total trading assets (excluding derivatives)</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>2,311</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>360</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>395</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>21</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(279</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>2,808</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>44</b></td>
<td nowrap="nowrap">(3)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="32" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Securities available for sale:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Securities of U.S. states and political subdivisions</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>818</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>62</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,968</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>28</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(6</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>2,871</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Mortgage-backed securities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Residential</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,084</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(7</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>7</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(40</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>184</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(822</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>406</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(3</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Commercial</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,799</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>59</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,361</b></td>
<td nowrap="nowrap"><b>)(4)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>503</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(7</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="32" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px"><b>Total mortgage-backed securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>2,883</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(7</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>12</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(39</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>243</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(2,183</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>909</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(10</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="32" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Corporate debt securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>367</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>44</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(6</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>138</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(41</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>503</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Collateralized debt obligations</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>3,725</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>39</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>76</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>223</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(212</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>3,851</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(6</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Asset-backed securities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Auto loans and leases</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>8,525</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(67</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,049</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>178</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>7,587</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Home equity loans</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,677</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>7</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>15</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,590</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>107</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(3</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Other asset-backed securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>2,308</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>54</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(43</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(137</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>679</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(671</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>2,190</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="32" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px"><b>Total asset-backed securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>12,510</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>53</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(103</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,187</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>872</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(2,261</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>9,884</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(4</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="32" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Other debt securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>77</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(3</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>5</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>79</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="32" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:75px; text-indent:-15px"><b>Total debt securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>20,380</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>87</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>88</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>964</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,281</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(4,703</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>18,097</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(20</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="32" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Marketable equity securities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Perpetual preferred securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>2,305</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>8</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(12</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>678</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(12</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>2,967</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Other marketable equity securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>88</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(53</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(23</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>12</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="32" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:75px; text-indent:-15px"><b>Total marketable equity securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>2,393</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>8</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(12</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>625</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(35</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>2,979</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="32" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:90px; text-indent:-15px"><b>Total securities available for sale</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>22,773</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>95</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>76</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,589</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,281</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(4,738</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>21,076</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(20</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="32" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Mortgages held for sale</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>3,523</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(162</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>99</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(124</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>3,338</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1)</b></td>
<td nowrap="nowrap">(5)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Loans</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>44</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(39</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>366</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>371</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>44</b></td>
<td nowrap="nowrap">(5)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Mortgage servicing rights (residential)</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>16,004</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,396</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,054</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(118</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>15,544</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(777)</b></td>
<td nowrap="nowrap">(5)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Net derivative assets and liabilities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Interest rate contracts</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(114</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>988</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(617</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>257</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>54</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Equity contracts</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(344</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>80</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>20</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(28</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(9</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(281</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>1</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Foreign exchange contracts</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>5</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Credit contracts</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(330</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(490</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>56</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(758</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(461</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Other derivative contracts</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(43</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>13</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(30</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="32" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Total derivative contracts</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(832</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>596</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(541</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(22</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(9</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(808</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(406)</b></td>
<td nowrap="nowrap">(6)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="32" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Other assets</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,373</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>23</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(30</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(989</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>377</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(8)</b></td>
<td nowrap="nowrap">(5)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Short sale liabilities (corporate debt securities)</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(26</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(2</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(37</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(65</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Other liabilities (excluding derivatives)</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,085</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(410</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>182</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>(359</b></td>
<td>)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>—</b></td>
<td nowrap="nowrap"><b></b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,672</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(410</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 5pt">
<td colspan="32" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>The amounts presented as transfers into and out of Level 3 represent fair value as of the
beginning of the quarter in which each transfer occurred.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Represents only net gains (losses) that are due to changes in economic conditions and
management’s estimates of fair value and excludes changes due to the collection/realization of cash
flows over time.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(3)</td>
<td> </td>
<td>Included in other noninterest income in the income statement.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(4)</td>
<td> </td>
<td>Represents transfer from Level 3 to Level 2 due to an increase in level and volume of trading activity for certain securities within this asset class, which resulted in increased occurrences of observable prices.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(5)</td>
<td> </td>
<td>Included in mortgage banking in the income statement.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(6)</td>
<td> </td>
<td>Included in mortgage banking, trading activities and other noninterest income in the income statement.</td>
</tr>
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">The changes in first quarter 2009 for Level 3 assets and liabilities measured at fair value on a
recurring basis are summarized as follows:
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="23%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="28" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Net unrealized</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6">Total net gains</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Purchases,</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">gains (losses)</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">(losses) included in</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">sales,</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Net</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">included in net</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Other</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">issuances</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">transfers</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">income related</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Balance,</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">compre-</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">and</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">into and/or</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Balance,</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">to assets and</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">beginning</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Net</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">hensive</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">settlements,</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">out of</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">end</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">liabilities held</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">of period</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">income</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">income</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">net</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Level 3</td>
<td>(1)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">of period</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">at period end</td>
<td>(2)</td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="28" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td><p style="margin-top: 1em">
</p>
<div style="margin-left:15px; text-indent:-15px">Quarter ended March 31, 2009
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Trading assets (excluding derivatives)
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">3,495</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(38</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(523</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">324</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,258</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">2</td>
<td nowrap="nowrap">(3)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Securities available for sale:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Securities of U.S. states and political subdivisions
</div></td>
<td> </td>
<td> </td>
<td align="right">903</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">2</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(7</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(75</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">821</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Mortgage-backed securities:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Federal agencies
</div></td>
<td> </td>
<td> </td>
<td align="right">4</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(4</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Residential
</div></td>
<td> </td>
<td> </td>
<td align="right">3,510</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(29</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">711</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(170</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">3,635</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,657</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(95</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Commercial
</div></td>
<td> </td>
<td> </td>
<td align="right">286</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(8</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">501</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">51</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,667</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,497</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(9</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="28" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px">Total mortgage-backed securities
</div></td>
<td> </td>
<td> </td>
<td align="right">3,800</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(37</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">1,212</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(119</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">5,298</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,154</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(104</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="28" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Corporate debt securities
</div></td>
<td> </td>
<td> </td>
<td align="right">282</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">10</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(17</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(12</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">261</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Collateralized debt obligations
</div></td>
<td> </td>
<td> </td>
<td align="right">2,083</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">70</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">172</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,329</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Other
</div></td>
<td> </td>
<td> </td>
<td align="right">12,799</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(20</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">637</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,471</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">380</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">15,267</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(31</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="28" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:75px; text-indent:-15px">Total debt securities
</div></td>
<td> </td>
<td> </td>
<td align="right">19,867</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,033</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,330</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,593</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">28,832</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(135</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="28" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Marketable equity securities:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Perpetual preferred securities
</div></td>
<td> </td>
<td> </td>
<td align="right">2,775</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">70</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">26</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(311</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(3</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">2,557</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Other marketable equity securities
</div></td>
<td> </td>
<td> </td>
<td align="right">50</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(18</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">60</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(48</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">44</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="28" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:75px; text-indent:-15px">Total marketable equity securities
</div></td>
<td> </td>
<td> </td>
<td align="right">2,825</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">70</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(251</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(51</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">2,601</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="28" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:90px; text-indent:-15px">Total securities available for sale
</div></td>
<td> </td>
<td> </td>
<td align="right">22,692</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">79</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,041</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,079</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,542</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">31,433</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(135</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="28" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Mortgages held for sale
</div></td>
<td> </td>
<td> </td>
<td align="right">4,718</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(110</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(94</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">4,516</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1</td>
<td nowrap="nowrap">)(4)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Mortgage servicing rights (residential)
</div></td>
<td> </td>
<td> </td>
<td align="right">14,714</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(3,804</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,481</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12,391</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,824</td>
<td nowrap="nowrap">)(4)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Net derivative assets and liabilities
</div></td>
<td> </td>
<td> </td>
<td align="right">37</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">848</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(89</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">240</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,036</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">616</td>
<td nowrap="nowrap">(5)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other assets (excluding derivatives)
</div></td>
<td> </td>
<td> </td>
<td align="right">1,231</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(9</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,221</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(12</td>
<td nowrap="nowrap">)(4)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Other liabilities (excluding derivatives)
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(638</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(76</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(15</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(729</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(76</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="28" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>The amounts presented as transfers into and out of Level 3 represent fair value as of the
beginning of the quarter in which each transfer occurred.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Represents only net gains (losses) that are due to changes in economic conditions and
management’s estimates of fair value and excludes changes due to the collection/realization of cash
flows over time.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(3)</td>
<td> </td>
<td>Included in other noninterest income in the income statement.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(4)</td>
<td> </td>
<td>Included in mortgage banking in the income statement.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(5)</td>
<td> </td>
<td>Included in mortgage banking, trading activities and other noninterest income in the income statement.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>Changes in Fair Value Levels</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We
monitor the availability of observable market data to assess the
appropriate classification of financial instruments within the fair
value hierarchy. Changes in economic conditions or model-based
valuation techniques may require the transfer of financial
instruments from one fair value level to another. In such instances,
we report the transfer at the beginning of the reporting period.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We evaluate the significance of transfers between levels based upon the nature of the financial instrument and size of the transfer relative to total assets, total liabilities or total earnings. For the period ended March 31, 2010, there were no significant transfers in or out of Levels 1 or 2.
<div style="font-size: 10pt"> 
</div>Due to the deconsolidation of Wachovia Capital Partners, we reclassified certain assets
from principal investments to investments accounted for under the equity method. These
investments are no longer carried at fair value on a recurring basis, resulting in a $989 million
decrease in Level 3 balances within other assets.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Our adoption of new consolidation
accounting guidance on January 1, 2010, also impacted Level 3 balances for certain financial
instruments. Reductions in Level 3 balances, which represent derecognition of existing
investments in newly consolidated VIEs, are reflected as transfers out for the following
categories: trading assets,
$276 million; securities available for sale, $1.9 billion; and mortgage servicing
rights, $118 million. Increases in Level 3 balances, which represent newly consolidated VIE
assets, are reflected as transfers in for the following categories: securities available for
sale, $829 million; loans, $366 million; and long-term debt, $359
million.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">In first quarter 2009, $5.6 billion of debt securities available for sale were transferred
from Level 2 to Level 3 because significant inputs to the valuation became unobservable,
largely due to reduced levels of market liquidity.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">For certain assets and liabilities, we obtain fair value measurements from independent brokers or
independent third party pricing services and record the unadjusted fair value in our financial
statements. The detail by level is shown in the table below. Fair value measurements obtained from
independent brokers or independent third party pricing services that we have adjusted to determine
the fair value recorded in our financial statements are not included in the table below.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="28%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="24" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="10" style="border-bottom: 1px solid #000000">Independent brokers</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="10" style="border-bottom: 1px solid #000000">Third party pricing services</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Level 1</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Level 2</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Level 3</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Level 1</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Level 2</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Level 3</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em">
<b>March 31, 2010</b>
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Trading assets (excluding derivatives)</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,779</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>802</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,267</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Securities available for sale:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Securities of U.S. treasury and federal agencies</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>624</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>749</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Securities of U.S. states and political subdivisions</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>14</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>9,709</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Mortgage-backed securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>26</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>47,598</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>85</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Other debt securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>246</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,651</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6,972</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>432</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Total debt securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>263</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,677</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>627</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>65,028</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>517</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Total marketable equity securities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>105</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>40</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>780</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>590</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px"><b>Total securities available for sale</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>105</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>303</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,677</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,407</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>65,618</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>517</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Derivatives (trading and other assets)</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>29</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>10</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>15</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Derivatives (liabilities)</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>14</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>7</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Other liabilities</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>14</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>14</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="24" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em">
December 31, 2009
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Trading assets (excluding derivatives)
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,208</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">30</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,712</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">81</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Securities available for sale
</div></td>
<td> </td>
<td> </td>
<td align="right">85</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,870</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">548</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,467</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">120,688</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,864</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Loans held for sale
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Derivatives (trading and other assets)
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">42</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,926</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Derivatives (liabilities)
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">70</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,949</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other liabilities
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,916</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">26</td>
<td> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="24" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Assets and Liabilities Recorded at Fair Value on a Nonrecurring Basis</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We may be required, from time to time, to measure certain assets at fair value on a nonrecurring
basis in accordance with GAAP. These adjustments to fair value usually result from application of
lower-of-cost-or-market accounting or write-downs of individual assets. For assets measured at fair
value on a nonrecurring basis in the quarter ended March 31, 2010, and year ended December 31,
2009, that were still held in the balance sheet at each respective period end, the following table
provides the fair value hierarchy and the carrying value of the related individual assets or
portfolios at period end.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="16" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="14" style="border-bottom: 1px solid #000000">Carrying value at period end</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Level 1</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Level 2</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Level 3</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Total</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td><br />
<div style="margin-left:15px; text-indent:-15px">
<b>March 31, 2010</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td><br />
<div style="margin-left:15px; text-indent:-15px"><b>Mortgages held for sale </b>(1)
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,825</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>692</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,517</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Loans held for sale</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>424</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>424</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Loans </b>(2):
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Commercial and commercial real estate:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Commercial</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>322</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>82</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>404</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Real estate mortgage</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>357</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>358</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Real estate construction</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>440</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>440</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px"><b>Total commercial and commercial real estate</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,119</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>83</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,202</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 2px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Consumer:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Real estate 1 - 4 family first mortgage</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,522</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,522</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Real estate 1 - 4 family junior liens</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>256</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>256</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Other</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>36</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>28</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>64</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px"><b>Total consumer</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,814</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>28</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,842</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 2px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Foreign</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>8</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>8</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:75px; text-indent:-15px"><b>Total loans</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>5,941</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>111</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>6,052</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 2px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Other assets:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Private equity investments</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>7</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>7</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Foreclosed assets </b>(3)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>358</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>34</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>392</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Operating lease assets</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>57</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>57</b></td>
<td> </td>
</tr>
<tr style="font-size: 5pt">
<td colspan="16" align="left" style="border-bottom: 3px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td><br />
<div style="margin-left:15px; text-indent:-15px">
December 31, 2009
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td><br />
<div style="margin-left:15px; text-indent:-15px">
Mortgages held for sale (1)
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,105</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">711</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,816</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Loans held for sale
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">444</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">444</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Loans (2)
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,177</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">134</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,311</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Private equity investments
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">52</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">52</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Foreclosed assets (3)
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">199</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">38</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">237</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Operating lease assets
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">90</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">29</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">119</td>
<td> </td>
</tr>
<tr style="font-size: 5pt">
<td colspan="16" align="left" style="border-bottom: 3px solid #000000"> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Predominantly real estate 1-4 family first mortgage loans.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Represents carrying value of loans for which adjustments are based on the appraised value of
the collateral. The carrying value of loans fully charged-off, which includes unsecured lines and
loans, is zero.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(3)</td>
<td> </td>
<td>Represents the fair value of foreclosed real estate and other collateral owned that were
measured at fair value subsequent to their initial classification as foreclosed assets.</td>
</tr>
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following table presents the increase (decrease) in value of certain assets that are measured
at fair value on a nonrecurring basis for which a fair value adjustment has been included in the
income statement, relating to assets held at quarter end.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="88%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="4" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left"><b>(in millions)</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="4" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td><br />
<div style="margin-left:15px; text-indent:-15px">
<b>Quarter ended March 31, 2010</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Mortgages held for sale</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>17</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Loans held for sale</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>9</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Loans (1):</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Commercial and commercial real estate:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Commercial</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(615</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Real estate mortgage</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(101</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Real estate construction</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(152</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="4" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px"><b>Total commercial and commercial real estate</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(868</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="4" align="left" style="border-top: 2px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Consumer:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Real estate 1 - 4 family first mortgage</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,346</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Real estate 1 - 4 family junior liens</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1,357</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Other</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(968</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="4" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px"><b>Total consumer</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(3,671</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="4" align="left" style="border-top: 2px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Foreign</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(32</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="4" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:75px; text-indent:-15px"><b>Total loans</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(4,571</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="4" align="left" style="border-top: 2px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Other assets:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Private equity investments</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(3</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Foreclosed assets (2)</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(97</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px"><b>Operating lease assets</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="4" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:90px; text-indent:-15px"><b>Total</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"><b>$</b></td>
<td align="right"><b>(4,646</b></td>
<td nowrap="nowrap"><b>)</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="4" align="left" style="border-bottom: 3px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td><br />
<div style="margin-left:15px; text-indent:-15px">
Quarter ended March 31, 2009
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Mortgages held for sale
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">4</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Loans held for sale
</div></td>
<td> </td>
<td> </td>
<td align="right">48</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Loans (1)
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,604</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Private equity investments
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(50</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Foreclosed assets (2)
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(112</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Operating lease assets
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(11</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="5" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:90px; text-indent:-15px">Total
</div></td>
<td> </td>
<td nowrap="nowrap" align="left">$</td>
<td align="right">(2,725</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="5" align="left" style="border-top: 2px solid #000000"> </td>
</tr>
<tr style="font-size: 5pt">
<td colspan="5" align="left" style="border-bottom: 3px solid #000000"> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Represents write-downs of loans based on the appraised value of the collateral.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Represents the losses on foreclosed real estate and other collateral owned that were measured
at fair value subsequent to their initial classification as foreclosed assets.</td>
</tr>
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Fair Value Option</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following table reflects the differences between fair value carrying amount of certain assets
and liabilities for which we have elected the fair value option and the contractual aggregate
unpaid principal amount at maturity.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="28%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="24" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="10" style="border-bottom: 1px solid #000000"><b>March 31, 2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="10" style="border-bottom: 1px solid #000000">Dec. 31, 2009</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Fair value</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Fair value</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>carrying</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">carrying</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>amount</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">amount</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>less</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">less</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Fair value</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Aggregate</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>aggregate</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Fair value</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Aggregate</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">aggregate</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>carrying</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>unpaid</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>unpaid</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">carrying</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">unpaid</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">unpaid</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>amount</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>principal</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>principal</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">amount</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">principal</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">principal</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td><br />
<div style="margin-left:15px; text-indent:-15px">
Mortgages held for sale
reported at fair value:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Total loans
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>31,931</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>31,901</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>30</b></td>
<td nowrap="nowrap">(1)</td>
<td> </td>
<td> </td>
<td align="right">36,962</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">37,072</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(110</td>
<td nowrap="nowrap">)(1)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Nonaccrual loans
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>330</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>705</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(375</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">268</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">560</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(292</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Loans 90 days or more
past due and still accruing
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>46</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>54</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(8</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">49</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">63</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(14</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Loans held for sale
reported at fair value:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Total loans
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>297</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>311</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(14</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">149</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">159</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(10</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Nonaccrual loans
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>6</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>9</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(3</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">5</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Loans reported at fair value:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Total loans
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>371</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>424</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(53</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Nonaccrual loans
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>12</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>14</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(2</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Loans 90 days or more
past due and still accruing
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Long-term debt reported at fair value
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>367</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>427</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(60</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 5pt">
<td colspan="24" align="left" style="border-bottom: 3px solid #000000"> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>The difference between fair value carrying amount and aggregate unpaid principal includes
changes in fair value recorded at and subsequent to funding, gains and losses on the related loan
commitment prior to funding, and premiums on acquired loans.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The assets accounted for under the fair value option are initially measured at fair value. Gains
and losses from initial measurement and subsequent changes in fair value are recognized in
earnings. The changes in fair values related to initial measurement and subsequent changes in fair
value included in earnings for these assets measured at fair value are shown, by income statement
line item, below.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="16" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="14" style="border-bottom: 1px solid #000000">Quarter ended March 31,</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">2009</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Mortgage banking</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Mortgage banking</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 1px solid #000000"><b>noninterest income</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2" style="border-bottom: 1px solid #000000">noninterest income</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Net gains</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Net gains</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>on mortgage</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Other</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">on mortgage</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Other</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>loan origination/</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>noninterest</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">loan origination/</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">noninterest</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>activities (1)</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>income</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">activities (1)</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">income</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td><br />
<div style="margin-left:15px; text-indent:-15px">
Mortgages held for sale
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,462</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,663</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Loans held for sale
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>14</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">44</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Loans
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>44</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Long-term debt
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(37</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Other interests held
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(18</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(17</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 5pt">
<td colspan="16" align="left" style="border-bottom: 3px solid #000000"> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Includes changes in fair value of servicing associated with MHFS.</td>
</tr>
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">Interest income on MHFS measured at fair value is calculated based on the note rate of the loan and
is recorded in interest income in the income statement.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The estimated amount of losses included in earnings attributable to instrument-specific credit risk
related to assets accounted for under the fair value option was $22 million and $55 million for
MHFS for the quarter ended March 31, 2010 and 2009, respectively, and gains of $14 million and $21
million for LHFS for the same periods, respectively. For performing loans, instrument-specific
credit risk gains or losses were derived principally by determining the change in fair value of the
loans due to changes in the observable or implied credit spread. Credit spread is the market yield
on the loans less the relevant risk-free benchmark interest rate. Since the second half of 2007,
spreads have been significantly impacted by the lack of liquidity in the secondary market for
mortgage loans. For nonperforming loans, we attribute all changes in fair value to
instrument-specific credit risk.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Disclosures about Fair Value of Financial Instruments</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The table below is a summary of fair value estimates for financial instruments, excluding
short-term financial assets and liabilities because carrying amounts approximate fair value, and
excluding financial instruments recorded at fair value on a recurring basis. The carrying amounts
in the following table are recorded in the balance sheet under the indicated captions.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We have not included assets and liabilities that are not financial instruments in our disclosure,
such as the value of the long-term relationships with our deposit, credit card and trust customers,
amortized MSRs, premises and equipment, goodwill and other intangibles, deferred taxes and other
liabilities. The total of the fair value calculations presented does not represent, and should not
be construed to represent, the underlying value of the Company.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="16" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000"><b>March 31, 2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Dec. 31, 2009</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Carrying</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Estimated</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Carrying</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Estimated</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>amount</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>fair value</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">amount</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">fair value</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td><br />
<div style="margin-left:15px; text-indent:-15px">
<b>Financial assets</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Mortgages held for sale (1)
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>2,806</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,806</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,132</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,132</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Loans held for sale (2)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>4,843</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>4,956</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,584</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,719</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Loans, net (3)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>742,265</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>721,100</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">744,225</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">717,798</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Nonmarketable equity investments (cost method)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>9,947</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>10,147</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,793</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,889</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Financial liabilities</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Deposits
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>804,893</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>805,825</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">824,018</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">824,678</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Long-term debt (3)(4)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>199,448</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>202,207</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">203,784</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">205,752</td>
<td> </td>
</tr>
<tr style="font-size: 5pt">
<td colspan="16" align="left" style="border-bottom: 3px solid #000000"> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Balance excludes mortgages held for sale for which the fair value option was elected, and
therefore includes nonprime residential and commercial mortgages held for sale.</td>
</tr>
<tr style="font-size: 3pt">
<td> </td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Balance excludes loans held for sale for which the fair value option was elected.</td>
</tr>
<tr style="font-size: 3pt">
<td> </td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(3)</td>
<td> </td>
<td>At March 31, 2010, loans and long-term debt exclude balances for which the fair value option
was elected. Loans exclude lease financing with a carrying amount of $13.9 billion at March 31,
2010, and $14.2 billion at December 31, 2009.</td>
</tr>
<tr style="font-size: 3pt">
<td> </td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(4)</td>
<td> </td>
<td>The carrying amount and fair value exclude obligations under capital leases of $64 million at
March 31, 2010, and $77 million at December 31, 2009.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Loan commitments, standby letters of credit and commercial and similar letters of credit are not
included in the table above. These instruments generate ongoing fees at our current pricing levels,
which are recognized over the term of the commitment period. In situations where the credit quality
of the counterparty to a commitment has declined, we record a reserve. A reasonable estimate of the
fair value of these instruments is the carrying value of deferred fees plus the related reserve.
This amounted to $746 million at March 31, 2010, and $725 million at December 31, 2009. Certain
letters of credit that are hedged with derivative instruments are carried at fair value in trading
assets or liabilities. For those letters of credit fair value is calculated based on readily
quotable credit default spreads, using a market risk credit default swap model.
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Alternative Investments</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following table summarizes our investments in various types of funds. We use the funds’ net
asset values (NAVs) per share as a practical expedient to measure fair value on recurring and
nonrecurring bases. The fair values presented in the table are based upon the funds’ NAVs or an
equivalent measure.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="45%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="6%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="2%"> </td>
<td width="5%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="16" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Redemption</b></td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Fair</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Unfunded</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Redemption</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>notice</b></td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left"><b>(in millions)</b></td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>value</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>commitments</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>frequency</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>period</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td><br />
<div style="margin-left:15px; text-indent:-15px">
<b>March 31, 2010</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Offshore funds (1)</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,209</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td nowrap="nowrap" colspan="3" align="right"><b>Daily - Annually</b></td>
<td> </td>
<td nowrap="nowrap" colspan="3" align="right"><b>1 - 120 days</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Funds of funds (2)</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>68</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td nowrap="nowrap" colspan="3" align="right"><b>Monthly - Annually</b></td>
<td> </td>
<td nowrap="nowrap" colspan="3" align="right"><b>10 - 120 days</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Hedge funds (3)</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>27</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td nowrap="nowrap" colspan="3" align="right"><b>Monthly - Annually</b></td>
<td> </td>
<td nowrap="nowrap" colspan="3" align="right"><b>30 - 180 days</b></td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Private equity funds (4)</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,894</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>819</b></td>
<td> </td>
<td nowrap="nowrap" colspan="3" align="right"><b>N/A</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>N/A</b></td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Venture capital funds (5)</b>
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>92</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>45</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>N/A</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>N/A</b></td>
</tr>
<tr style="font-size: 1px">
<td colspan="9" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Total</b>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>3,290</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>864</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 2px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td><br />
<div style="margin-left:15px; text-indent:-15px">
December 31, 2009
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
Offshore funds (1)
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">1,270</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td nowrap="nowrap" colspan="3" align="right">Daily - Quarterly</td>
<td> </td>
<td colspan="3" align="right">1 - 90 days</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Funds of funds (2)
</div></td>
<td> </td>
<td> </td>
<td align="right">69</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td nowrap="nowrap" colspan="3" align="right">Monthly - Annually</td>
<td> </td>
<td colspan="3" align="right">10 - 120 days</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Hedge funds (3)
</div></td>
<td> </td>
<td> </td>
<td align="right">35</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td nowrap="nowrap" colspan="3" align="right">Monthly - Annually</td>
<td> </td>
<td colspan="3" align="right">30 - 180 days</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Private equity funds (4)
</div></td>
<td> </td>
<td> </td>
<td align="right">901</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">340</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">N/A</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">N/A</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Venture capital funds (5)
</div></td>
<td> </td>
<td> </td>
<td align="right">93</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">47</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">N/A</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">N/A</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="9" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">2,368</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">387</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 2px solid #000000"> </td>
</tr>
<tr style="font-size: 5pt">
<td colspan="16" align="left" style="border-bottom: 3px solid #000000"> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td align="left" colspan="3">N/A — Not applicable</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Includes investments in funds that invest primarily in investment grade European fixed income
securities. Redemption restrictions are in place for investments with a fair value of $68 million
at March 31, 2010, and $76 million at December 31, 2009, due to a lock-up provision that will
remain in effect until November 2012.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Represents funds that invest principally in publicly listed equity securities. Investments
valued at $2 million at March 31, 2010, and $3 million at December 31, 2009, are subject to
redemption restrictions until January 2012.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(3)</td>
<td> </td>
<td>Consists of investments in equity, multi-strategy, and event driven hedge funds. Redemption
restrictions are in place for investments with a fair value of $4 million at March 31, 2010, and
$10 million at December 31, 2009, because the funds are subject to lock-up provisions or are in the
process of liquidating. The redemption restrictions are expected to remain in effect until January
2012.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(4)</td>
<td> </td>
<td>Includes private equity funds that invest in equity and debt securities issued by private and
publicly-held companies in connection with leveraged buy-outs, recapitalizations, and expansion
opportunities. Substantially all of these investments do not allow redemptions. Alternatively, we
receive distributions as the underlying assets of the funds liquidate, which we expect to occur
over the next 10 years.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(5)</td>
<td> </td>
<td>Represents investments in funds that invest in domestic and foreign companies in a variety of
industries, including information technology, financial services, and healthcare. These investments
can never be redeemed with the funds. Instead, we receive distributions as the underlying assets
of the fund liquidate, which we expect to occur over the next seven years.</td>
</tr>
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left">
</div>
</div>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<!-- Begin Block Tagged Note 13 - us-gaap:ScheduleOfStockByClassTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>13. PREFERRED STOCK</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We are authorized to issue 20 million shares of preferred stock and 4 million shares of preference
stock, both without par value. Preferred shares outstanding rank senior to common shares both as to
dividends and liquidation preference but have no general voting rights. We have not issued any
preference shares under this authorization.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following table provides detail of preferred stock at March 31, 2010, which is unchanged from
December 31, 2009.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="16" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Shares</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">issued and</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Carrying</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions, except shares)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">outstanding</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Par value</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">value</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Discount</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em"><b>DEP Shares</b>
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Dividend Equalization Preferred Shares,<br />
$10 liquidation preference per share,<br />
97,000 shares authorized
</div></td>
<td> </td>
<td> </td>
<td align="right">96,546</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background:#eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Series J </b>(1)
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">8.00% Non-Cumulative Perpetual Class A<br />
Preferred Stock, Series J, $1,000 liquidation<br />
preference per share, 2,300,000 shares authorized
</div></td>
<td> </td>
<td> </td>
<td align="right">2,150,375</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,150</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,995</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">155</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em">
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Series K </b>(1)
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">7.98% Fixed-to-Floating Non-Cumulative<br />
Perpetual Class A Preferred Stock, Series K,<br />
$1,000 liquidation preference per share, 3,500,000
shares authorized
</div></td>
<td> </td>
<td> </td>
<td align="right">3,352,000</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,352</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,876</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">476</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em">
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background:#eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Series L </b>(1)
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">7.50% Non-Cumulative Perpetual Convertible<br />
Class A Preferred Stock, Series L, $1,000<br />
liquidation preference per share, 4,025,000
shares authorized
</div></td>
<td> </td>
<td> </td>
<td align="right">3,968,000</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,968</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,200</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">768</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background:#eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Total
</div></td>
<td> </td>
<td> </td>
<td align="right">9,566,921</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">9,470</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8,071</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,399</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="16" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="16" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Preferred shares qualify as Tier 1 capital.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">In addition to the preferred stock issued and outstanding described in the table above, we have the
following preferred stock authorized with no shares issued and outstanding:
</div>
<div style="margin-top: 0pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 12pt; text-align: left">
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="1%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>Series A – Non-Cumulative Perpetual Preferred Stock, Series A, $100,000 liquidation
preference per share, 25,001 shares authorized</td>
</tr>
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="1%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>Series B – Non-Cumulative Perpetual Preferred Stock, Series B, $100,000 liquidation
preference per share, 17,501 shares authorized</td>
</tr>
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="1%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>Series G – 7.25% Class A Preferred Stock, Series G, $15,000 liquidation preference per
share, 50,000 shares authorized</td>
</tr>
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="1%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>Series H – Floating Class A Preferred Stock, Series H, $20,000 liquidation preference per
share, 50,000 shares authorized</td>
</tr>
<tr valign="top" style="font-size: 12pt; color: #000000; background: transparent">
<td width="1%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>Series I – 5.80% Fixed to Floating Class A Preferred Stock, Series I, $100,000 liquidation
preference per share, 25,010 shares authorized</td>
</tr>
</table>
</div>
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><u>ESOP Cumulative Convertible Preferred Stock</u> All shares of our ESOP (Employee Stock
Ownership Plan) Cumulative Convertible Preferred Stock (ESOP Preferred Stock) were issued to a
trustee acting on behalf of the Wells Fargo & Company 401(k) Plan (the 401(k) Plan). Dividends on
the ESOP Preferred Stock are cumulative from the date of initial issuance and are payable quarterly
at annual rates ranging from 8.50% to 11.75%, depending upon the year of issuance. Each share of
ESOP Preferred Stock released from the unallocated reserve of the 401(k) Plan is converted into
shares of our common stock based on the stated value of the ESOP Preferred Stock and the then
current market price of our common stock. The ESOP Preferred Stock is also convertible at the
option of the holder at any time, unless previously redeemed. We have the option to redeem the ESOP
Preferred Stock at any time, in whole or in part, at a redemption price per share equal to the
higher of (a) $1,000 per share plus accrued and unpaid dividends or (b) the fair market value, as
defined in the Certificates of Designation for the ESOP Preferred Stock.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="28%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="24" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Shares issued and outstanding</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Carrying value</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Adjustable</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>March 31</b></td>
<td><b>,</b></td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Dec. 31</td>
<td>,</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>March 31</b></td>
<td><b>,</b></td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Dec. 31</td>
<td>,</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">dividend rate</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions, except shares)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Minimum</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Maximum</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em"><b>ESOP Preferred Stock </b>(1)
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">2010
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>790,992</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>791</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">9.50</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td> </td>
<td align="right">10.50</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">2008
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>120,289</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">120,289</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>120</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">120</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10.50</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11.50</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">2007
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>97,624</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">97,624</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>98</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">98</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10.75</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11.75</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">2006
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>71,322</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">71,322</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>71</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">71</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10.75</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11.75</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">2005
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>51,687</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">51,687</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>52</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">52</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9.75</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10.75</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">2004
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>36,425</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">36,425</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>37</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">37</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8.50</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9.50</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">2003
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>21,450</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">21,450</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>21</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">21</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8.50</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9.50</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">2002
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>11,949</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11,949</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>12</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10.50</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11.50</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">2001
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>3,273</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,273</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10.50</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11.50</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Total ESOP Preferred Stock
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,205,011</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">414,019</td>
<td> </td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,205</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">414</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 3px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Unearned ESOP shares (2)
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"><b>$</b></td>
<td align="right"><b>(1,296</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(442</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr style="font-size: 5pt">
<td colspan="24" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="1%"></td>
<td width="1%"></td>
<td width="98"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>Liquidation preference $1,000. At March 31, 2010, and December 31, 2009, additional paid-in
capital included $91 million and $28 million, respectively, related to
preferred stock.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>We recorded a corresponding charge to unearned ESOP shares in connection with the issuance of
the ESOP Preferred Stock. The unearned ESOP shares are reduced as
shares of the ESOP Preferred Stock are committed to be released.</td>
</tr>
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left">
</div>
</div>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<!-- Begin Block Tagged Note 14 - us-gaap:PensionAndOtherPostretirementBenefitsDisclosureTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>14. EMPLOYEE BENEFITS</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We sponsor a noncontributory qualified defined benefit retirement plan, the Wells Fargo & Company
Cash Balance Plan (Cash Balance Plan), which covers eligible employees of Wells Fargo; the benefits
earned under the Cash Balance Plan were frozen effective July 1, 2009.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">On April 28, 2009, the Board of Directors approved amendments to freeze the benefits earned under
the Wells Fargo qualified and supplemental Cash Balance Plans and the Wachovia Corporation Pension
Plan, a cash balance plan that covered eligible employees of the legacy Wachovia Corporation, and
to merge the Wachovia Pension Plan into the qualified Cash Balance Plan. These actions became
effective on July 1, 2009.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The net periodic benefit cost was:
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="28%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="24" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="10" style="border-bottom: 1px solid #000000"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="10" style="border-bottom: 1px solid #000000">2009</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000"><b>Pension benefits</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Pension benefits</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Non-</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Other</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Non-</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Other</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>Qualified</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>qualified</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>benefits</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Qualified</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">qualified</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">benefits</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em"><b>Quarter ended March 31,</b>
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Service cost
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">107</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Interest cost
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>139</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>9</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>20</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">145</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">21</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Expected return on plan assets
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(179</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(7</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(163</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(7</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Amortization of net actuarial loss
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>26</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">106</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Amortization of prior service cost
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(1</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Net periodic benefit cost
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"><b>$</b></td>
<td align="right"><b>(13</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td> </td>
<td align="right"><b>10</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>15</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">195</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">15</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">17</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5pt">
<td colspan="24" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
</div>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<!-- Begin Block Tagged Note 15 - us-gaap:EarningsPerShareTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left">
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>15. EARNINGS PER COMMON SHARE</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The table below shows earnings per common share and diluted earnings per common share and
reconciles the numerator and denominator of both earnings per common share calculations.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">For first quarter 2010 and 2009, weighted-average options to purchase 190.1 million and 293.2
million shares, respectively, and a warrant to purchase 110.3 million for both periods were
outstanding but not included in the calculation of diluted earnings per common share because the
exercise price was higher than the weighted-average market price, and therefore were antidilutive.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="8" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Quarter ended March 31</td>
<td>, </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions, except per share amounts)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em">Wells Fargo net income
</p>
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>2,547</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,045</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Less: Preferred stock dividends, accretion and other (1)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>175</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">661</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Wells Fargo net income applicable to common stock (numerator)
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>2,372</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,384</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Earnings per common share</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Average common shares outstanding (denominator)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>5,190.4</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,247.4</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Per share
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>0.46</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">0.56</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Diluted earnings per common share</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Average common shares outstanding
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>5,190.4</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,247.4</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Add: Stock options
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>31.1</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1.8</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:44px; text-indent:-15px">Restricted share rights
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>3.7</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">0.1</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Diluted average common shares outstanding (denominator)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>5,225.2</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,249.3</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Per share
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>0.45</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">0.56</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="8" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 5pt">
<td colspan="8" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>For first quarter 2010, includes $184 million of preferred stock dividends.</td>
</tr>
</table>
</div>
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left">
</div>
</div>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<!-- Begin Block Tagged Note 16 - us-gaap:SegmentReportingDisclosureTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>16. OPERATING SEGMENTS</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We have three lines of business for management reporting: Community Banking; Wholesale Banking; and
Wealth, Brokerage and Retirement. The results for these lines of business are based on our
management accounting process, which assigns balance sheet and income statement items to each
responsible operating segment. This process is dynamic and, unlike financial accounting, there is
no comprehensive, authoritative guidance for management accounting equivalent to GAAP. The
management accounting process measures the performance of the operating segments based on our
management structure and is not necessarily comparable with similar information for other financial
services companies. We define our operating segments by product type and customer segment. If the
management structure and/or the allocation process changes, allocations, transfers and assignments
may change. In first quarter 2010, we conformed certain funding and allocation methodologies of
legacy Wachovia to those of Wells Fargo; in addition integration expense related to mergers other
than the Wachovia merger are now included in segment results. Prior periods have been revised to
reflect both changes.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Community Banking </b>offers a complete line of diversified financial products and services to
consumers and small businesses with annual sales generally up to $20 million in which the owner
generally is the financial decision maker. Community Banking also offers investment management and
other services to retail customers and securities brokerage through affiliates. These products and
services include the <i>Wells Fargo Advantage Funds</i><sup style="font-size: 85%; vertical-align: text-top">SM</sup>, a family of mutual funds. Loan
products include lines of credit, equity lines and loans, equipment and transportation
(recreational vehicle and marine) loans, education loans, origination and purchase of residential
mortgage loans and servicing of mortgage loans and credit cards. Other credit products and
financial services available to small businesses and their owners include receivables and inventory
financing, equipment leases, real estate financing, Small Business Administration financing,
venture capital financing, cash management, payroll services, retirement plans, Health Savings
Accounts and merchant payment processing. Consumer and business deposit products include checking
accounts, savings deposits, market rate accounts, Individual Retirement Accounts, time deposits and
debit cards.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Community Banking serves customers through a complete range of channels, including traditional
banking stores, in-store banking centers, business centers, ATMs, and <i>Wells Fargo Customer
Connection</i>, a 24-hours a day, seven days a week telephone service. Online banking services include
single sign-on to online banking, bill pay and brokerage, as well as online banking for small
business.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Community Banking also includes Wells Fargo Financial consumer finance and auto finance operations.
Consumer finance operations make real estate loans to individuals in the United States and the
Pacific Rim, and also make direct consumer loans to individuals and purchase sales finance
contracts from retail merchants from offices throughout the United States, and in Canada and the
Pacific Rim. Auto finance operations specialize in purchasing sales finance contracts directly from
auto dealers in Puerto Rico and making loans secured by autos in the United States and Puerto Rico.
Wells Fargo Financial also provides credit cards, lease and other commercial financing.
</div>
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Wholesale Banking </b>provides financial solutions to businesses across the United States with annual
sales generally in excess of $10 million and to financial institutions globally. Wholesale Banking
provides a complete line of commercial, corporate, capital markets, cash management and real estate
banking products and services. These include traditional commercial loans and lines of credit,
letters of credit, asset-based lending, equipment leasing, mezzanine financing, high-yield debt,
international trade facilities, trade financing, collection services, foreign exchange services,
treasury management, investment management, institutional fixed-income sales, interest rate,
commodity and equity risk management, online/electronic products such as the <i>Commercial Electronic
Office</i><sup style="font-size: 85%; vertical-align: text-top"><i><sup style="font-size: 85%; vertical-align: text-top">®</sup></i></sup> (<i>CEO</i><sup style="font-size: 85%; vertical-align: text-top"><i><sup style="font-size: 85%; vertical-align: text-top">®</sup></i></sup>) portal, insurance, corporate trust fiduciary and agency
services, and investment banking services. Wholesale Banking also supports the CRE market with
products and services such as construction loans for commercial and residential development, land
acquisition and development loans, secured and unsecured lines of credit, interim financing
arrangements for completed structures, rehabilitation loans, affordable housing loans and letters
of credit, permanent loans for securitization, CRE loan servicing and real estate and mortgage
brokerage services.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Wealth, Brokerage and Retirement </b>provides a full range of financial advisory, lending, fiduciary,
and investment management services to clients using a planning approach to meet each client’s
needs. Wealth Management uses an integrated model to provide affluent and high-net-worth customers
with a complete range of wealth management solutions and services. Family Wealth meets the unique
needs of ultra-high-net-worth customers managing multi-generational assets – those with at least
$50 million in assets. Retail Brokerage’s financial advisors serve customers’ advisory, brokerage
and financial needs, including investment management, portfolio monitoring and estate planning as
part of one of the largest full-service brokerage firms in the United States. They also offer
access to banking products, insurance, and investment banking services. First Clearing LLC, our
correspondent clearing firm, provides technology, product and other business support to
broker-dealers across the United States. Retirement is a national leader in providing institutional
retirement and trust services (including 401(k) and pension plan record keeping) for businesses,
retail retirement solutions for individuals, and reinsurance services for the life insurance
industry.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Other </b>includes corporate items (such as integration expenses related to the Wachovia merger) not
specific to a business segment and elimination of certain items that are included in more than one
business segment.
</div>
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt">The following table presents certain financial information and related metrics by operating segment
and in total for the consolidated company.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="20%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="40" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6">Community</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6">Wholesale</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6">Wealth, Brokerage</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6">Consolidated</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(income/expense in millions,</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Banking</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Banking</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">and Retirement</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Other (3)</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Company</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">average balances in billions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">2009</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="40" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Quarter ended March 31,</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Net interest income (1)
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>8,307</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8,667</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,500</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,343</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>664</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">641</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(324</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(275</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right"><b>11,147</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11,376</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Provision for credit losses
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>4,530</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,020</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>799</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">543</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>63</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">23</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(62</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(28</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right"><b>5,330</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,558</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Noninterest income
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>5,755</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,727</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,825</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,550</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,246</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,878</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(525</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(514</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right"><b>10,301</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,641</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Noninterest expense
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>7,230</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,410</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,660</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,533</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2,390</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,235</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(163</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(360</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right"><b>12,117</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11,818</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="40" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Income (loss) before income
tax expense (benefit)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>2,302</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,964</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,866</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,817</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>457</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">261</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(624</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(401</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right"><b>4,001</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,641</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Income tax expense (benefit)
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>799</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">957</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>666</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">641</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>173</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">107</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(237</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(153</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right"><b>1,401</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,552</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="41" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Net income (loss) before
noncontrolling interests
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>1,503</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,007</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,200</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,176</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>284</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">154</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(387</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(248</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right"><b>2,600</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,089</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Less: Net income from
noncontrolling interests
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>48</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">61</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>3</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>2</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(22</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right"><b>—</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>53</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">44</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="40" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Net income (loss) (2)
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>1,455</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,946</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>1,197</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,171</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>282</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">176</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(387</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(248</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right"><b>2,547</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,045</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="40" align="left" style="border-bottom: 2px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Average loans
</div></td>
<td> </td>
<td align="left"><b>$</b></td>
<td align="right"><b>555.2</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">567.8</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>232.2</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">278.2</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>43.8</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">46.6</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(33.8</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(37.0</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right"><b>797.4</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">855.6</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Average assets
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>784.9</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">810.8</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>361.4</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">408.5</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>137.8</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">117.1</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(58.0</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(46.7</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right"><b>1,226.1</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,289.7</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Average core deposits
</div></td>
<td> </td>
<td> </td>
<td align="right"><b>532.2</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">555.0</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>160.9</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">139.6</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right"><b>121.1</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">102.8</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right"><b>(55.0</b></td>
<td nowrap="nowrap"><b>)</b></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(43.5</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right"><b>759.2</b></td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">753.9</td>
<td> </td>
</tr>
<tr style="font-size: 5pt">
<td colspan="40" align="left" style="border-bottom: 3px solid #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>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.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(2)</td>
<td> </td>
<td>Represents segment net income (loss) for Community Banking; Wholesale Banking; and Wealth,
Brokerage and Retirement segments and Wells Fargo net income for the consolidated company.</td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(3)</td>
<td> </td>
<td>Includes Wachovia integration expenses and the elimination of items that are included in both
Community Banking and Wealth, Brokerage and Retirement, largely representing wealth management
customers serviced and products sold in the stores.</td>
</tr>
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left">
</div>
</div>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<!-- Begin Block Tagged Note 17 - us-gaap:ScheduleOfCondensedFinancialStatementsTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>17. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Following are the condensed consolidating financial statements of the Parent and Wells Fargo
Financial, Inc. and its wholly-owned subsidiaries.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Condensed Consolidating Statement of Income</b>
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="40%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="left" colspan="20" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="18" style="border-bottom: 1px solid #000000">Quarter ended March 31, 2010</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Other</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">consolidating</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Consolidated</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Parent</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">WFFI</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">subsidiaries</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Eliminations</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Company</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Dividends from subsidiaries:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Bank
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Nonbank
</div></td>
<td> </td>
<td> </td>
<td align="right">6</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(6</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Interest income from loans
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">726</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,350</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(38</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">10,038</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Interest income from subsidiaries
</div></td>
<td> </td>
<td> </td>
<td align="right">348</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(348</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other interest income
</div></td>
<td> </td>
<td> </td>
<td align="right">78</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">30</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,079</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,187</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Total interest income
</div></td>
<td> </td>
<td> </td>
<td align="right">432</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">756</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12,429</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(392</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">13,225</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Deposits
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">735</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">735</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Short-term borrowings
</div></td>
<td> </td>
<td> </td>
<td align="right">23</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">94</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(108</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">18</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Long-term debt
</div></td>
<td> </td>
<td> </td>
<td align="right">718</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">287</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">549</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(278</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">1,276</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Other interest expense
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">49</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">49</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Total interest expense
</div></td>
<td> </td>
<td> </td>
<td align="right">741</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">296</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,427</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(386</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">2,078</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Net interest income</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(309</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">460</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11,002</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(6</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">11,147</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Provision for credit losses
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">321</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,009</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,330</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Net interest income after provision for credit losses
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(309</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">139</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,993</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(6</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">5,817</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Noninterest income</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Fee income — nonaffiliates
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">28</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,779</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,807</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other
</div></td>
<td> </td>
<td> </td>
<td align="right">211</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">47</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,387</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(151</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">4,494</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Total noninterest income
</div></td>
<td> </td>
<td> </td>
<td align="right">211</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">75</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,166</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(151</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">10,301</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Noninterest expense</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Salaries and benefits
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(33</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">70</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,591</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,628</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other
</div></td>
<td> </td>
<td> </td>
<td align="right">258</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">147</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,235</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(151</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">5,489</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Total noninterest expense
</div></td>
<td> </td>
<td> </td>
<td align="right">225</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">217</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11,826</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(151</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">12,117</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Income (loss) before income tax expense (benefit) and equity in
undistributed income of subsidiaries</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(323</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(3</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">4,333</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(6</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">4,001</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Income tax expense (benefit)
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(90</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">1,492</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,401</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Equity in undistributed income of subsidiaries
</div></td>
<td> </td>
<td> </td>
<td align="right">2,780</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,780</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Net income (loss) before noncontrolling interests</b>
</div></td>
<td> </td>
<td> </td>
<td align="right">2,547</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">2,841</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,786</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">2,600</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Less: Net income from noncontrolling interests
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">53</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">53</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Parent, WFFI, Other and Wells Fargo net income (loss)</b>
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">2,547</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">2,788</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,786</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">2,547</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-bottom: 2px solid #000000"> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="20" align="left" style="border-bottom: 3px solid #000000"> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Condensed Consolidating Statement of Income</b>
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="40%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5pt" valign="bottom">
<td nowrap="nowrap" align="right" colspan="20" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="18" style="border-bottom: 1px solid #000000">Quarter ended March 31, 2009</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Other</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">consolidating</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Consolidated</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Parent</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">WFFI</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">subsidiaries</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Eliminations</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Company</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em">Dividends from subsidiaries:
</p>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Bank
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">716</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(716</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Nonbank
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Interest income from loans
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">985</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,785</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(5</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">10,765</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Interest income from subsidiaries
</div></td>
<td> </td>
<td> </td>
<td align="right">651</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(651</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other interest income
</div></td>
<td> </td>
<td> </td>
<td align="right">113</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">26</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,412</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(3</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">3,548</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Total interest income
</div></td>
<td> </td>
<td> </td>
<td align="right">1,480</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,011</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">13,197</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,375</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">14,313</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em">Deposits
</p>
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,007</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(8</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">999</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Short-term borrowings
</div></td>
<td> </td>
<td> </td>
<td align="right">64</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">336</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(286</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">123</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Long-term debt
</div></td>
<td> </td>
<td> </td>
<td align="right">1,029</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">368</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">783</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(401</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">1,779</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Other interest expense
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">36</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">36</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Total interest expense
</div></td>
<td> </td>
<td> </td>
<td align="right">1,093</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">377</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,162</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(695</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">2,937</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em"><b>Net interest income</b>
</p>
</div></td>
<td> </td>
<td> </td>
<td align="right">387</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">634</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11,035</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(680</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">11,376</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Provision for credit losses
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">675</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,883</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,558</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Net interest income after provision for credit losses
</div></td>
<td> </td>
<td> </td>
<td align="right">387</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(41</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">7,152</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(680</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">6,818</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr style="background:#eeeeee">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Noninterest income</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Fee income — nonaffiliates
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">53</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,310</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,363</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other
</div></td>
<td> </td>
<td> </td>
<td align="right">173</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">33</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,697</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(625</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">4,278</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Total noninterest income
</div></td>
<td> </td>
<td> </td>
<td align="right">173</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">86</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,007</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(625</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">9,641</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr style="background:#eeeeee">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Noninterest expense</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Salaries and benefits
</div></td>
<td> </td>
<td> </td>
<td align="right">138</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">19</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,337</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,494</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other
</div></td>
<td> </td>
<td> </td>
<td align="right">110</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">194</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,645</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(625</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">5,324</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Total noninterest expense
</div></td>
<td> </td>
<td> </td>
<td align="right">248</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">213</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">11,982</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(625</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">11,818</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr style="background:#eeeeee">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Income (loss) before income tax expense (benefit) and equity in
undistributed income of subsidiaries</b>
</div></td>
<td> </td>
<td> </td>
<td align="right">312</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(168</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">5,177</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(680</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">4,641</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Income tax expense (benefit)
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(158</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(57</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">1,767</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,552</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Equity in undistributed income of subsidiaries
</div></td>
<td> </td>
<td> </td>
<td align="right">2,575</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,575</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em"><b>Net income (loss) before noncontrolling interests</b>
</p>
</div></td>
<td> </td>
<td> </td>
<td align="right">3,045</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(111</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">3,410</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(3,255</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">3,089</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Less: Net income from noncontrolling interests
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">44</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">44</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top:1em"><b>Parent, WFFI, Other and Wells Fargo net income (loss)</b>
</p>
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">3,045</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(111</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">3,366</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(3,255</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">3,045</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-bottom: 2px solid #000000"> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="20" align="left" style="border-bottom: 3px solid #000000"> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Condensed Consolidating Balance Sheet</b>
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="40%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px">
<td nowrap="nowrap" align="left" colspan="21" style="border-top: 3px solid #000000"> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="18" style="border-bottom: 1px solid #000000">March 31, 2010</td>
<td> </td>
</tr>
<tr style="font-size: 9pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Other</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">consolidating</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Consolidated</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Parent</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">WFFI</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">subsidiaries</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Eliminations</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Company</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
<b>Assets</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Cash and cash equivalents due from:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Subsidiary banks
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">24,926</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">157</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(25,083</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Nonaffiliates
</div></td>
<td> </td>
<td> </td>
<td align="right">9</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">199</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">70,285</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">70,493</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Securities available for sale
</div></td>
<td> </td>
<td> </td>
<td align="right">4,451</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,712</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">155,324</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">162,487</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Mortgages and loans held for sale
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">39,877</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">39,877</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td><br />
<div style="margin-left:15px; text-indent:-15px">
Loans
</div></td>
<td> </td>
<td> </td>
<td align="right">7</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">34,343</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">760,528</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(13,448</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">781,430</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Loans to subsidiaries:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Bank
</div></td>
<td> </td>
<td> </td>
<td align="right">3,940</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(3,940</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Nonbank
</div></td>
<td> </td>
<td> </td>
<td align="right">55,008</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(55,008</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Allowance for loan losses
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,825</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(23,298</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(25,123</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Net loans
</div></td>
<td> </td>
<td> </td>
<td align="right">58,955</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">32,518</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">737,230</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(72,396</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">756,307</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Investments in subsidiaries:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Bank
</div></td>
<td> </td>
<td> </td>
<td align="right">136,624</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(136,624</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Nonbank
</div></td>
<td> </td>
<td> </td>
<td align="right">12,946</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(12,946</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other assets
</div></td>
<td> </td>
<td> </td>
<td align="right">10,434</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,405</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">185,210</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,583</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">194,466</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px">
Total assets
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">248,345</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">36,991</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,187,926</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(249,632</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">1,223,630</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 2px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Liabilities and equity</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Deposits
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">829,976</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(25,083</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">804,893</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Short-term borrowings
</div></td>
<td> </td>
<td> </td>
<td align="right">1,709</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,356</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">73,756</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(39,488</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">46,333</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Accrued expenses and other liabilities
</div></td>
<td> </td>
<td> </td>
<td align="right">8,185</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,645</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">47,124</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,583</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">54,371</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Long-term debt
</div></td>
<td> </td>
<td> </td>
<td align="right">112,112</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">23,505</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">86,973</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(22,711</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">199,879</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Indebtedness to subsidiaries
</div></td>
<td> </td>
<td> </td>
<td align="right">10,197</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(10,197</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Total liabilities
</div></td>
<td> </td>
<td> </td>
<td align="right">132,203</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">35,506</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,037,829</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(100,062</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">1,105,476</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Parent, WFFI, other and
Wells Fargo stockholders’ equity
</div></td>
<td> </td>
<td> </td>
<td align="right">116,142</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,475</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">148,095</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(149,570</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">116,142</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Noncontrolling interests
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,002</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,012</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Total equity
</div></td>
<td> </td>
<td> </td>
<td align="right">116,142</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,485</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">150,097</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(149,570</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">118,154</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px">
Total liabilities and equity
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">248,345</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">36,991</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,187,926</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(249,632</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">1,223,630</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="20" align="left" style="border-bottom: 2px solid #000000"> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="20" align="left" style="border-bottom: 3px solid #000000"> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Condensed Consolidating Balance Sheet</b>
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="40%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="20" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="18" style="border-bottom: 1px solid #000000">December 31, 2009</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Other</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">consolidating</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Consolidated</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Parent</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">WFFI</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">subsidiaries</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Eliminations</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Company</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
<b>Assets</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Cash and cash equivalents due from:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Subsidiary banks
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">27,303</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">205</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(27,508</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Nonaffiliates
</div></td>
<td> </td>
<td> </td>
<td align="right">11</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">249</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">67,705</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">67,965</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Securities available for sale
</div></td>
<td> </td>
<td> </td>
<td align="right">4,666</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,665</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">165,379</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">172,710</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Mortgages and loans held for sale
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">44,827</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">44,827</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px"><p style="margin-top: 1em">
Loans
</p>
</div></td>
<td> </td>
<td> </td>
<td align="right">7</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">35,199</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">750,045</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,481</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">782,770</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Loans to subsidiaries:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Bank
</div></td>
<td> </td>
<td> </td>
<td align="right">6,760</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(6,760</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Nonbank
</div></td>
<td> </td>
<td> </td>
<td align="right">56,316</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(56,316</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Allowance for loan losses
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,877</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(22,639</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(24,516</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Net loans
</div></td>
<td> </td>
<td> </td>
<td align="right">63,083</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">33,322</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">727,406</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(65,557</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">758,254</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Investments in subsidiaries:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Bank
</div></td>
<td> </td>
<td> </td>
<td align="right">134,063</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(134,063</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Nonbank
</div></td>
<td> </td>
<td> </td>
<td align="right">12,816</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(12,816</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Other assets
</div></td>
<td> </td>
<td> </td>
<td align="right">10,758</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,500</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">189,049</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,417</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">199,890</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px">
Total assets
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">252,700</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">37,941</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,194,366</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(241,361</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">1,243,646</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 2px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">
<b>Liabilities and equity</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Deposits
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">851,526</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(27,508</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">824,018</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Short-term borrowings
</div></td>
<td> </td>
<td> </td>
<td align="right">1,546</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,599</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">59,813</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(32,992</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">38,966</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Accrued expenses and other liabilities
</div></td>
<td> </td>
<td> </td>
<td align="right">7,878</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,439</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">54,542</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,417</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">62,442</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Long-term debt
</div></td>
<td> </td>
<td> </td>
<td align="right">119,353</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">24,437</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">80,499</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(20,428</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">203,861</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Indebtedness to subsidiaries
</div></td>
<td> </td>
<td> </td>
<td align="right">12,137</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(12,137</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px">Total liabilities
</div></td>
<td> </td>
<td> </td>
<td align="right">140,914</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">36,475</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,046,380</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(94,482</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">1,129,287</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Parent, WFFI, other and
Wells Fargo stockholders’ equity
</div></td>
<td> </td>
<td> </td>
<td align="right">111,786</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,456</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">145,423</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(146,879</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">111,786</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Noncontrolling interests
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,563</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,573</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px">Total equity
</div></td>
<td> </td>
<td> </td>
<td align="right">111,786</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,466</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">147,986</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(146,879</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">114,359</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:75px; text-indent:-15px">
Total liabilities and equity
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">252,700</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">37,941</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,194,366</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(241,361</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">1,243,646</td>
<td> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="21" align="left" style="border-top: 2px solid #000000"> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="21" align="left" style="border-top: 3px solid #000000"> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Condensed Consolidating Statement of Cash Flows</b>
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="16" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="14" style="border-bottom: 1px solid #000000">Quarter ended March 31, 2010</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Other</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">consolidating</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">subsidiaries/</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Consolidated</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Parent</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">WFFI</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">eliminations</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Company</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
<b>Cash flows from operating activities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Net cash provided by operating activities
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">600</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">601</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,680</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8,881</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
<b>Cash flows from investing activities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Securities available for sale:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Sales proceeds
</div></td>
<td> </td>
<td> </td>
<td align="right">289</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">271</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,235</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,795</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Prepayments and maturities
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">19</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,276</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,295</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Purchases
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(29</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(314</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(3,848</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(4,191</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Loans:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Decrease in banking subsidiaries’ loan originations, net of collections
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">118</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">15,414</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">15,532</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Proceeds from sales (including participations) of loans
originated for investment by banking subsidiaries
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,341</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,341</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Purchases (including participations) of loans by banking subsidiaries
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(566</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(566</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Principal collected on nonbank entities’ loans
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,901</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,385</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,286</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Loans originated by nonbank entities
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,635</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,226</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,861</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Net repayments from (advances to) subsidiaries
</div></td>
<td> </td>
<td> </td>
<td align="right">145</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(704</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">559</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Principal collected on notes/loans made to subsidiaries
</div></td>
<td> </td>
<td> </td>
<td align="right">3,983</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(3,983</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Net decrease (increase) in investment in subsidiaries
</div></td>
<td> </td>
<td> </td>
<td align="right">1,403</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,403</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Other, net
</div></td>
<td> </td>
<td> </td>
<td align="right">1</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">20</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(11,957</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(11,936</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Net cash provided by investing activities
</div></td>
<td> </td>
<td> </td>
<td align="right">5,792</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">676</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,227</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12,695</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
<b>Cash flows from financing activities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Net change in:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Deposits
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(19,125</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(19,125</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Short-term borrowings
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(343</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(243</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">2,826</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,240</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Long-term debt:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Proceeds from issuance
</div></td>
<td> </td>
<td> </td>
<td align="right">1,340</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">75</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,415</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Repayment
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(9,735</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,132</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(5,641</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(16,508</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Preferred stock:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Cash dividends paid
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(251</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(251</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Common stock:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Proceeds from issuance
</div></td>
<td> </td>
<td> </td>
<td align="right">464</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">464</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Repurchased
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(38</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(38</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Cash dividends paid
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(260</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(260</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Excess tax benefits related to stock option payments
</div></td>
<td> </td>
<td> </td>
<td align="right">51</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">51</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Net change in noncontrolling interests
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(343</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(343</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-bottom:1px solid #000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Net cash used by financing activities
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(8,772</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,375</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(22,208</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(32,355</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:60px; text-indent:-15px">
<b>Net change in cash and due from banks</b>
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(2,380</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(98</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(8,301</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(10,779</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">
Cash and due from banks at beginning of period
</div></td>
<td> </td>
<td> </td>
<td align="right">27,314</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">454</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(688</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">27,080</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
<b>Cash and due from banks at end of period</b>
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">24,934</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">356</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(8,989</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">16,301</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 2px solid #000000"> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="17" align="left" style="border-bottom: 3px solid #000000"> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>Condensed Consolidating Statement of Cash Flows</b>
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="16" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="14" style="border-bottom: 1px solid #000000">Quarter ended March 31, 2009</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Other</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">consolidating</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">subsidiaries/</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Consolidated</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in millions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Parent</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">WFFI</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">eliminations</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Company</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
<b>Cash flows from operating activities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Net cash provided (used) by operating activities
</div></td>
<td> </td>
<td nowrap="nowrap" align="left">$</td>
<td align="right">(828</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">612</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">16,095</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">15,879</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
<b>Cash flows from investing activities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Securities available for sale:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Sales proceeds
</div></td>
<td> </td>
<td> </td>
<td align="right">97</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">193</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,470</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,760</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Prepayments and maturities
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">39</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,304</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,343</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Purchases
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(283</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(317</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(38,573</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(39,173</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Loans:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Decrease in banking subsidiaries’ loan originations, net of collections
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">17</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,891</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10,908</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Proceeds from sales (including participations) of loans
originated for investment by banking subsidiaries
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">419</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">419</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Purchases (including participations) of loans by banking subsidiaries
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(301</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(301</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Principal collected on nonbank entities’ loans
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,310</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">865</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,175</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Loans originated by nonbank entities
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(991</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,004</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,995</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Net repayments from (advances to) subsidiaries
</div></td>
<td> </td>
<td> </td>
<td align="right">9,976</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(9,976</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Capital notes and term loans made to subsidiaries
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(22</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">22</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Principal collected on notes/loans made to subsidiaries
</div></td>
<td> </td>
<td> </td>
<td align="right">1,560</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,560</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Net decrease (increase) in investment in subsidiaries
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(436</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">436</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Net cash paid for acquisitions
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(123</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(123</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Other, net
</div></td>
<td> </td>
<td> </td>
<td align="right">22,264</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">140</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,284</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">27,688</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Net cash provided (used) by investing activities
</div></td>
<td> </td>
<td> </td>
<td align="right">33,156</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,391</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(15,846</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">18,701</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
<b>Cash flows from financing activities:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Net change in:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Deposits
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">15,725</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">15,725</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Short-term borrowings
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(16,187</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(426</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(19,377</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(35,990</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">Long-term debt:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Proceeds from issuance
</div></td>
<td> </td>
<td> </td>
<td align="right">3,522</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">289</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,811</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Repayment
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(5,175</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,524</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(11,178</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(17,877</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Preferred stock:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Cash dividends paid
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(623</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(623</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Common stock:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Proceeds from issuance
</div></td>
<td> </td>
<td> </td>
<td align="right">524</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">524</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Repurchased
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(54</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(54</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Cash dividends paid
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,443</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,443</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Net change in noncontrolling interests
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(230</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(230</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:45px; text-indent:-15px">Net cash used by financing activities
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(19,436</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,950</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(14,771</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(36,157</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px">
<b>Net change in cash and due from banks</b>
</div></td>
<td> </td>
<td> </td>
<td align="right">12,892</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">53</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(14,522</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(1,577</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:15px; text-indent:-15px">
Cash and due from banks at beginning of period
</div></td>
<td> </td>
<td> </td>
<td align="right">15,658</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">426</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,679</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">23,763</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">
<b>Cash and due from banks at end of period</b>
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">28,550</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">479</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(6,843</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">22,186</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="17" align="left" style="border-bottom: 2px solid #000000"> </td>
</tr>
<tr style="font-size: 5px">
<td colspan="17" align="left" style="border-bottom: 3px solid #000000"> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left">
</div>
</div>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<!-- Begin Block Tagged Note 18 - us-gaap:RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 12pt; margin-top: 10pt"><b>18. REGULATORY AND AGENCY CAPITAL REQUIREMENTS</b>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">The Company and each of its subsidiary banks are subject to various regulatory capital adequacy
requirements administered by the Federal Reserve Board (FRB) and the Office of the Comptroller of
the Currency, respectively. Effective March 20, 2010, Wachovia Bank, N.A. merged with and into
Wells Fargo Bank, N.A.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">We do not consolidate our wholly-owned trusts (the Trusts) formed solely to issue trust preferred
securities. The amount of trust preferred securities and perpetual preferred purchase securities
issued by the Trusts that was includable in Tier 1 capital in accordance with FRB risk-based
capital guidelines was $19.3 billion at March 31, 2010. The junior subordinated debentures held by
the Trusts were included in the Company’s long-term debt.
</div>
<div align="center">
<table style="font-size: 9.5pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="28%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 5px" valign="bottom">
<td nowrap="nowrap" align="left" colspan="24" style="border-top: 3px solid #000000"> </td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6">To be well capitalized</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6">under the FDICIA</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6">For capital</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6">prompt corrective</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">Actual</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">adequacy purposes</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="6" style="border-bottom: 1px solid #000000">action provisions</td>
<td> </td>
</tr>
<tr style="font-size: 9.5pt" valign="bottom">
<td nowrap="nowrap" align="left">(in billions)</td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Amount</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Ratio</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Amount</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Ratio</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Amount</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right" colspan="2">Ratio</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td><br />
<div style="margin-left:15px; text-indent:-15px">
As of March 31, 2010:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Total capital (to risk-weighted assets)
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Wells Fargo & Company
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">137.6</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">13.90</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td align="right"><font style="font-family: Symbol">³</font>  </td>
<td align="right">$79.2</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right"><font style="font-family: Symbol">³</font>  </td>
<td align="right">8.00</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Wells Fargo Bank, N.A.
</div></td>
<td> </td>
<td> </td>
<td align="right">120.9</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">13.29</td>
<td> </td>
<td> </td>
<td align="right"><font style="font-family: Symbol">³</font>  </td>
<td align="right">72.8</td>
<td> </td>
<td> </td>
<td align="right"><font style="font-family: Symbol">³</font>  </td>
<td align="right">8.00</td>
<td> </td>
<td> </td>
<td align="right"><font style="font-family: Symbol">³</font>  </td>
<td align="right">$90.9</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right"><font style="font-family: Symbol">³</font>  </td>
<td align="right">10.00</td>
<td nowrap="nowrap">%</td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td><br />
<div style="margin-left:15px; text-indent:-15px">
Tier 1 capital (to risk-weighted assets)
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Wells Fargo & Company
</div></td>
<td> </td>
<td> </td>
<td align="right">98.3</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9.93</td>
<td> </td>
<td> </td>
<td align="right"><font style="font-family: Symbol">³</font>  </td>
<td align="right">39.6</td>
<td> </td>
<td> </td>
<td align="right"><font style="font-family: Symbol">³</font>  </td>
<td align="right">4.00</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Wells Fargo Bank, N.A.
</div></td>
<td> </td>
<td> </td>
<td align="right">92.6</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">10.18</td>
<td> </td>
<td> </td>
<td align="right"><font style="font-family: Symbol">³</font>  </td>
<td align="right">36.4</td>
<td> </td>
<td> </td>
<td align="right"><font style="font-family: Symbol">³</font>  </td>
<td align="right">4.00</td>
<td> </td>
<td> </td>
<td align="right"><font style="font-family: Symbol">³</font>  </td>
<td align="right">54.6</td>
<td> </td>
<td> </td>
<td align="right"><font style="font-family: Symbol">³</font>  </td>
<td align="right">6.00</td>
<td> </td>
</tr>
<tr valign="bottom">
<td><br />
<div style="margin-left:15px; text-indent:-15px">
Tier 1 capital (to average assets)
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">(Leverage ratio)
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Wells Fargo & Company
</div></td>
<td> </td>
<td> </td>
<td align="right">98.3</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8.34</td>
<td> </td>
<td> </td>
<td align="right"><font style="font-family: Symbol">³</font>  </td>
<td align="right">47.2</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="right"><font style="font-family: Symbol">³</font>  </td>
<td align="right">4.00</td>
<td nowrap="nowrap">(1)</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #eeeeee">
<td>
<div style="margin-left:30px; text-indent:-15px">Wells Fargo Bank, N.A.
</div></td>
<td> </td>
<td> </td>
<td align="right">92.6</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8.76</td>
<td> </td>
<td> </td>
<td align="right"><font style="font-family: Symbol">³</font>  </td>
<td align="right">42.3</td>
<td> </td>
<td> </td>
<td align="right"><font style="font-family: Symbol">³</font>  </td>
<td align="right">4.00</td>
<td nowrap="nowrap">(1)</td>
<td> </td>
<td align="right"><font style="font-family: Symbol">³</font>  </td>
<td align="right">52.8</td>
<td> </td>
<td> </td>
<td align="right"><font style="font-family: Symbol">³</font>  </td>
<td align="right">5.00</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="24" align="left" style="border-bottom: 3px solid #000000"> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div style="margin-top: 3pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8.5pt; text-align: left">
<tr>
<td width="3%"></td>
<td width="1%"></td>
<td width="96"></td>
</tr>
<tr valign="top">
<td nowrap="nowrap" align="left">(1)</td>
<td> </td>
<td>The leverage ratio consists of Tier 1 capital divided by quarterly average total assets,
excluding goodwill and certain other items. The minimum leverage ratio guideline is 3% for banking
organizations that do not anticipate significant growth and that have well-diversified risk,
excellent asset quality, high liquidity, good earnings, effective management and monitoring of
market risk and, in general, are considered top-rated, strong banking organizations.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Certain subsidiaries of the Company are approved seller/servicers, and are therefore required to
maintain minimum levels of shareholders’ equity, as specified by various agencies, including the
United States Department of Housing and Urban Development, GNMA, FHLMC and FNMA. At March 31, 2010,
each seller/servicer met these requirements.
</div>
<div align="left" style="font-size: 12pt; margin-top: 10pt">Certain broker-dealer subsidiaries of the Company are subject to SEC Rule 15c3-1 (the Net Capital
Rule), which requires that we maintain minimum levels of net capital, as defined. At March 31,
2010, each of these subsidiaries met these requirements.
</div>
</div>
false
--12-31
Q1
2010
2010-03-31
10-Q
0000072971
5210152080
Yes
Large Accelerated Filer
111900000000
WELLS FARGO & CO/MN
No
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Our consolidated assets at March 31, 2010, include the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Cash and due from banks, $359 million; Trading assets, $80 million; Securities available for sale, $1.8 billion; Net loans, $23.4 billion; Other assets, $2.3 billion, and Total assets, $27.9 billion.
Includes impairment losses of $92 million and $269 million, consisting of $154 million and $603 million of total other-than-temporary impairment losses, net of $62 million and $334 million
recognized in other comprehensive income, for the quarters ended March 31, 2010 and 2009, respectively.
Our consolidated liabilities at March 31, 2010, include the following VIE liabilities for which the VIE creditors do not have recourse to Wells Fargo: Short-term borrowings, $316
million; Accrued expenses and other liabilities, $591 million; Long-term debt, $11.1 billion; and Total liabilities, $12.0 billion.
Includes impairment losses of $105 million and $247 million for the quarters ended March 31, 2010 and 2009, respectively.