10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
BANK OF AMERICA CORP /DE/ | ||
Ticker: BAC Fiscal Year: 2010 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2010 10-K (Filed: Feb 25, 2011) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2010 | Dec 31, 2009 | |
| Assets | ||
| Cash and cash equivalents | $ 108,427 | 121,339 |
| Time deposits placed and other short-term investments | 26,433 | |
| Federal funds sold and securities borrowed or purchased under agreements to resell (includes $78,599 and $57,775 measured at fair value and $209,249 and $189,844 pledged as collateral) | 209,616 | |
| Trading account assets (includes $28,093 and $30,921 pledged as collateral) | 194,671 | 189,143 |
| Derivative assets | 73,000 | 88,178 |
| Debt securities: | ||
| Available-for-sale (includes $99,925 and $122,708 pledged as collateral) | 337,627 | 299,281 |
| Held-to-maturity, at cost (fair value $427 and $9,684) | 427 | 3,268 |
| Total debt securities | 338,054 | |
| Loans and leases (includes $3,321 and $4,936 measured at fair value and $91,730 and $118,113 pledged as collateral) | 940,440 | 1,002,723 |
| Allowance for loan and lease losses | (41,885) | (47,988) |
| Loans and leases, net of allowance | 898,555 | 954,735 |
| Premises and equipment, net | 14,306 | |
| Mortgage servicing rights (includes $14,900 and $19,465 measured at fair value) | 15,177 | |
| Goodwill | 73,861 | 86,314 |
| Intangible assets | 9,923 | |
| Loans held-for-sale (includes $25,942 and $32,795 measured at fair value) | 35,058 | |
| Customer and other receivables | 85,704 | |
| Other assets (includes $70,531 and $55,909 measured at fair value) | 182,124 | |
| All other assets | 594,244 | |
| Total assets | 2,264,909 | 2,330,671 |
| Liabilities | ||
| Deposits in U.S. offices: | ||
| Noninterest-bearing | 285,200 | |
| Interest-bearing (includes $2,732 and $1,663 measured at fair value) | 645,713 | |
| Deposits in non-U.S. offices: | ||
| Noninterest-bearing | 6,101 | |
| Interest-bearing | 73,416 | |
| Total deposits | 1,010,430 | |
| Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $37,424 and $37,325 measured at fair value) | 245,359 | |
| Trading account liabilities | 71,985 | 65,432 |
| Derivative liabilities | 55,914 | 50,700 |
| Commercial paper and other short-term borrowings (includes $7,178 and $1,520 measured at fair value) | 59,962 | 91,660 |
| Accrued expenses and other liabilities (includes $33,229 and $18,308 measured at fair value and $1,188 and $1,487 of reserve for unfunded lending commitments) | 144,580 | |
| Long-term debt (includes $50,984 and $45,451 measured at fair value) | 448,431 | 522,877 |
| All other liabilities | 1,490,960 | |
| Total liabilities | 2,036,661 | 2,105,497 |
| Commitments and contingencies (Note 8) Securitizations and Other Variable Interest Entities, Note 9 - Representations and Warranties Obligations and Corporate Guarantees and Note 14 - Commitments and Contingencies) | ||
| Shareholders' equity | ||
| Preferred stock, $0.01 par value; authorized - 100,000,000 shares; issued and outstanding 3,943,660 and 5,246,660 shares | 16,562 | |
| Common stock and additional paid-in capital, $0.01 par value; authorized 12,800,000,000 and 10,000,000,000 shares; issued and outstanding 10,085,154,806 and 8,650,243,926 shares | 150,905 | |
| Retained earnings | 60,849 | 65,079 |
| Accumulated other comprehensive income (loss) | (66) | (5,735) |
| Other | (2) | |
| Total shareholders' equity | 228,248 | 225,174 |
| Total liabilities and shareholders' equity | 2,264,909 | 2,330,671 |
| Error Corrections and Prior Period Adjustments Restatement by Restatement Period and Amount | ||
| Reported Basis | ||
| Cash and cash equivalents | 121,339 | |
| Time deposits placed and other short-term investments | 24,202 | |
| Federal funds sold and securities borrowed or purchased under agreements to resell (includes $78,599 and $57,775 measured at fair value and $209,249 and $189,844 pledged as collateral) | 189,933 | |
| Trading account assets (includes $28,093 and $30,921 pledged as collateral) | 182,206 | |
| Derivative assets | 87,622 | |
| Available-for-sale (includes $99,925 and $122,708 pledged as collateral) | 301,601 | |
| Held-to-maturity, at cost (fair value $427 and $9,684) | 9,840 | |
| Total debt securities | 311,441 | |
| Loans and leases (includes $3,321 and $4,936 measured at fair value and $91,730 and $118,113 pledged as collateral) | 900,128 | |
| Allowance for loan and lease losses | (37,200) | |
| Loans and leases, net of allowance | 862,928 | |
| Premises and equipment, net | 15,500 | |
| Mortgage servicing rights (includes $14,900 and $19,465 measured at fair value) | 19,774 | |
| Goodwill | 86,314 | |
| Intangible assets | 12,026 | |
| Loans held-for-sale (includes $25,942 and $32,795 measured at fair value) | 43,874 | |
| Customer and other receivables | 81,996 | |
| Other assets (includes $70,531 and $55,909 measured at fair value) | 191,077 | |
| All other assets | 593,543 | |
| Total assets | 2,230,232 | |
| Noninterest-bearing | 269,615 | |
| Interest-bearing (includes $2,732 and $1,663 measured at fair value) | 640,789 | |
| Noninterest-bearing | 5,489 | |
| Interest-bearing | 75,718 | |
| Total deposits | 991,611 | |
| Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $37,424 and $37,325 measured at fair value) | 255,185 | |
| Trading account liabilities | 65,432 | |
| Derivative liabilities | 50,661 | |
| Commercial paper and other short-term borrowings (includes $7,178 and $1,520 measured at fair value) | 69,524 | |
| Accrued expenses and other liabilities (includes $33,229 and $18,308 measured at fair value and $1,188 and $1,487 of reserve for unfunded lending commitments) | 127,854 | |
| Long-term debt (includes $50,984 and $45,451 measured at fair value) | 438,521 | |
| All other liabilities | 1,490,743 | |
| Total liabilities | 1,998,788 | |
| Preferred stock, $0.01 par value; authorized - 100,000,000 shares; issued and outstanding 3,943,660 and 5,246,660 shares | 37,208 | |
| Common stock and additional paid-in capital, $0.01 par value; authorized 12,800,000,000 and 10,000,000,000 shares; issued and outstanding 10,085,154,806 and 8,650,243,926 shares | 128,734 | |
| Retained earnings | 71,233 | |
| Accumulated other comprehensive income (loss) | (5,619) | |
| Other | (112) | |
| Total shareholders' equity | 231,444 | |
| Total liabilities and shareholders' equity | 2,230,232 | |
| Variable Interest Entities by Classification of Entity | ||
| VIE, Primary Beneficiary | ||
| Trading account assets (includes $28,093 and $30,921 pledged as collateral) | 19,627 | |
| Derivative assets | 2,027 | |
| Available-for-sale (includes $99,925 and $122,708 pledged as collateral) | 2,601 | |
| Loans and leases (includes $3,321 and $4,936 measured at fair value and $91,730 and $118,113 pledged as collateral) | 145,469 | |
| Allowance for loan and lease losses | (8,935) | |
| Loans and leases, net of allowance | 136,534 | |
| Loans held-for-sale (includes $25,942 and $32,795 measured at fair value) | 1,953 | |
| All other assets | 7,086 | |
| Total assets | 169,828 | |
| Commercial paper and other short-term borrowings (includes $7,178 and $1,520 measured at fair value) | 6,742 | |
| Long-term debt (includes $50,984 and $45,451 measured at fair value) | 71,013 | |
| All other liabilities | 9,141 | |
| Total liabilities | 86,896 | |
| External Links | |
| BANK OF AMERICA CORP /DE/ (BAC) Fiscal Year 2010 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |