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: 2017 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2017 10-K (Filed: Feb 22, 2018) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2017 | Dec 31, 2016 | |
| Assets | ||
| Cash and due from banks | $ 29,480 | 30,719 |
| Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks | 127,954 | 117,019 |
| Cash and cash equivalents | 157,434 | 147,738 |
| Time deposits placed and other short-term investments | 11,153 | 9,861 |
| Federal funds sold and securities borrowed or purchased under agreements to resell (includes $52,906 and $49,750 measured at fair value) | 212,747 | 198,224 |
| Trading account assets (includes $106,274 and $106,057 pledged as collateral) | 209,358 | 180,209 |
| Derivative assets | 37,762 | 42,512 |
| Debt securities: | ||
| Carried at fair value (includes $29,830 and $29,804 pledged as collateral) | 315,117 | 313,660 |
| Held-to-maturity, at cost (fair value $123,299 and $115,285; $6,007 and $8,233 pledged as collateral) | 125,013 | 117,071 |
| Total debt securities | 440,130 | 430,731 |
| Loans and leases | 936,749 | 906,683 |
| Allowance for loan and lease losses | (10,393) | (11,237) |
| Loans and leases, net of allowance | 926,356 | 895,446 |
| Premises and equipment, net | 9,247 | 9,139 |
| Mortgage servicing rights | 2,302 | 2,747 |
| Goodwill | 68,951 | 68,969 |
| Loans held-for-sale (includes $2,156 and $4,026 measured at fair value) | 11,430 | 9,066 |
| Customer and other receivables | 61,623 | 58,759 |
| Assets of business held for sale (includes $619 measured at fair value at December 31, 2016) | 0 | 10,670 |
| Other assets (includes $20,279 and $13,802 measured at fair value) | 132,741 | 123,996 |
| Total assets | 2,281,234 | 2,188,067 |
| On-balance sheet liabilities | ||
| Deposits in U.S. offices: | ||
| Noninterest-bearing | 430,650 | 438,125 |
| Interest-bearing (includes $449 and $731 measured at fair value) | 796,576 | 750,891 |
| Deposits in non-U.S. offices: | ||
| Noninterest-bearing | 14,024 | 12,039 |
| Interest-bearing | 68,295 | 59,879 |
| Total deposits | 1,309,545 | 1,260,934 |
| Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $36,182 and $35,766 measured at fair value) | 176,865 | 170,291 |
| Trading account liabilities | 81,187 | 63,031 |
| Derivative liabilities | 34,300 | 39,480 |
| Short-term borrowings (includes $1,494 and $2,024 measured at fair value) | 32,666 | 23,944 |
| Accrued expenses and other liabilities (includes $22,840 and $14,630 measured at fair value and $777 and $762 of reserve for unfunded lending commitments) | 152,123 | 147,369 |
| Long-term debt (includes $31,786 and $30,037 measured at fair value) | 227,402 | 216,823 |
| Total liabilities | 2,014,088 | 1,921,872 |
| Commitments and contingencies (Note 6 Securitizations and Other Variable Interest Entities, Note 7 Representations and Warranties Obligations and Corporate Guarantees and Note 10 Commitments and Contingencies) | ||
| Shareholders equity | ||
| Preferred stock, $0.01 par value; authorized 100,000,000 shares; issued and outstanding 3,837,683 and 3,887,329 shares | 22,323 | 25,220 |
| Common stock and additional paid-in capital, $0.01 par value; authorized 12,800,000,000 shares; issued and outstanding 10,287,302,431 and 10,052,625,604 shares | 138,089 | 147,038 |
| Retained earnings | 113,816 | 101,225 |
| Accumulated other comprehensive income (loss) | (7,082) | (7,288) |
| Total shareholders equity | 267,146 | 266,195 |
| Total liabilities and shareholders equity | 2,281,234 | 2,188,067 |
| Variable Interest Entities | ||
| Consolidated VIEs | ||
| Trading account assets (includes $106,274 and $106,057 pledged as collateral) | 6,521 | 5,773 |
| Loans and leases | 48,929 | 56,001 |
| Allowance for loan and lease losses | (1,016) | (1,032) |
| Loans and leases, net of allowance | 47,913 | 54,969 |
| Loans held-for-sale (includes $2,156 and $4,026 measured at fair value) | 27 | 188 |
| Other assets (includes $20,279 and $13,802 measured at fair value) | 1,694 | 1,596 |
| Total assets | 56,155 | 62,526 |
| Short-term borrowings (includes $1,494 and $2,024 measured at fair value) | 312 | 348 |
| Long-term debt (includes $31,786 and $30,037 measured at fair value) | 9,873 | 10,646 |
| All other liabilities (includes $34 and $38 of non-recourse liabilities) | 37 | 41 |
| Total liabilities | 10,222 | 11,035 |
| External Links | |
| BANK OF AMERICA CORP /DE/ (BAC) Fiscal Year 2017 | |
| 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 |