Operating Segments (Tables)

6 Months Ended

Jun. 30, 2013

Operating Segment (Tables) [Abstract]

Financial Information of Operating Segment

							Wealth,
							Brokerage
			Community		Wholesale			and			Consolidated
(income/expense in millions,			Banking		Banking		Retirement		Other (1)		Company
average balances in billions)			2013	2012	2013	2012	2013	2012	2013	2012	2013	2012
Quarter ended June 30,
Net interest income (2)		$	7,251	7,306	3,101	3,347	700	698	(302)	(314)	10,750	11,037
Provision (reversal of provision)
	for credit losses		763	1,573	(118)	188	19	37	(12)	2	652	1,800
Noninterest income			5,691	5,786	3,034	2,770	2,561	2,273	(658)	(577)	10,628	10,252
Noninterest expense			7,213	7,580	3,183	3,113	2,542	2,376	(683)	(672)	12,255	12,397
Income (loss) before income
	tax expense (benefit)		4,966	3,939	3,070	2,816	700	558	(265)	(221)	8,471	7,092
Income tax expense (benefit)			1,633	1,313	1,065	932	266	210	(101)	(84)	2,863	2,371
Net income (loss) before
	noncontrolling interests		3,333	2,626	2,005	1,884	434	348	(164)	(137)	5,608	4,721
Less: Net income from
	noncontrolling interests		88	91	1	3	-	5	-	-	89	99
Net income (loss) (3)		$	3,245	2,535	2,004	1,881	434	343	(164)	(137)	5,519	4,622
Average loans		$	498.2	483.9	286.9	270.2	45.4	42.5	(30.3)	(28.4)	800.2	768.2
Average assets			820.9	746.6	499.9	478.4	177.1	160.9	(68.9)	(64.3)	1,429.0	1,321.6
Average core deposits			623.0	586.1	230.5	220.9	146.4	134.2	(63.8)	(60.6)	936.1	880.6
Six months ended June 30,
Net interest income (2)		$	14,370	14,632	6,106	6,528	1,369	1,399	(596)	(634)	21,249	21,925
Provision (reversal of provision)
	for credit losses		2,025	3,451	(176)	283	33	80	(11)	(19)	1,871	3,795
Noninterest income			11,471	11,881	6,115	5,622	5,089	4,634	(1,287)	(1,137)	21,388	21,000
Noninterest expense			14,590	15,405	6,274	6,167	5,181	4,923	(1,390)	(1,105)	24,655	25,390
Income (loss) before income
	tax expense (benefit)		9,226	7,657	6,123	5,700	1,244	1,030	(482)	(647)	16,111	13,740
Income tax expense (benefit)			2,921	2,606	2,072	1,948	473	391	(183)	(246)	5,283	4,699
Net income (loss) before
	noncontrolling interests		6,305	5,051	4,051	3,752	771	639	(299)	(401)	10,828	9,041
Less: Net income from
	noncontrolling interests		136	168	2	3	-	-	-	-	138	171
Net income (loss) (3)		$	6,169	4,883	4,049	3,749	771	639	(299)	(401)	10,690	8,870
Average loans		$	498.6	485.0	285.7	269.4	44.6	42.5	(29.7)	(28.5)	799.2	768.4
Average assets			810.3	742.5	498.0	473.1	178.7	161.4	(70.3)	(64.7)	1,416.7	1,312.3
Average core deposits			621.1	580.7	227.3	220.9	147.9	134.9	(65.3)	(60.9)	931.0	875.6

• Includes corporate items not specific to a business segment and the elimination of certain items that are included in more than one business segment, substantially all of which represents products and services for wealth management customers provided in Community Banking stores.
• 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.
• 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.