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: 2019 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2019 10-K (Filed: Feb 19, 2020) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2019 | Dec 31, 2018 | |
| Assets | ||
| Cash and due from banks | $ 30,152 | 29,063 |
| Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks | 131,408 | 148,341 |
| Cash and cash equivalents | 161,560 | 177,404 |
| Time deposits placed and other short-term investments | 7,107 | 7,494 |
| Federal funds sold and securities borrowed or purchased under agreements to resell (includes $50,364 and $56,399 measured at fair value) | 274,597 | 261,131 |
| Trading account assets (includes $90,946 and $119,363 pledged as collateral) | 229,826 | 214,348 |
| Derivative assets | 40,485 | 43,725 |
| Debt securities: | ||
| Carried at fair value | 256,467 | 238,101 |
| Held-to-maturity, at cost (fair value $219,821 and $200,435) | 215,730 | 203,652 |
| Total debt securities | 472,197 | 441,753 |
| Loans and leases (includes $8,335 and $4,349 measured at fair value) | 983,426 | 946,895 |
| Allowance for loan and lease losses | (9,416) | (9,601) |
| Loans and leases, net of allowance | 974,010 | 937,294 |
| Premises and equipment, net | 10,561 | 9,906 |
| Goodwill | 68,951 | 68,951 |
| Loans held-for-sale (includes $3,709 and $2,942 measured at fair value) | 9,158 | 10,367 |
| Customer and other receivables | 55,937 | 65,814 |
| Other assets (includes $15,518 and $19,739 measured at fair value) | 129,690 | 116,320 |
| Total assets | 2,434,079 | 2,354,507 |
| Liabilities | ||
| Deposits in U.S. offices: | ||
| Noninterest-bearing | 403,305 | 412,587 |
| Interest-bearing (includes $508 and $492 measured at fair value) | 940,731 | 891,636 |
| Deposits in non-U.S. offices: | ||
| Noninterest-bearing | 13,719 | 14,060 |
| Interest-bearing | 77,048 | 63,193 |
| Total deposits | 1,434,803 | 1,381,476 |
| Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $16,008 and $28,875 measured at fair value) | 165,109 | 186,988 |
| Trading account liabilities | 83,270 | 68,220 |
| Derivative liabilities | 38,229 | 37,891 |
| Short-term borrowings (includes $3,941 and $1,648 measured at fair value) | 24,204 | 20,189 |
| Accrued expenses and other liabilities (includes $15,434 and $20,075 measured at fair value and $813 and $797 of reserve for unfunded lending commitments) | 182,798 | 165,026 |
| Long-term debt (includes $34,975 and $27,689 measured at fair value) | 240,856 | 229,392 |
| Total liabilities | 2,169,269 | 2,089,182 |
| Commitments and contingencies (Note 7 Securitizations and Other Variable Interest Entities and Note 13 Commitments and Contingencies) | ||
| Shareholders equity | ||
| Preferred stock, $0.01 par value; authorized 100,000,000 shares; issued and outstanding 3,887,440 and 3,843,140 shares | 23,401 | 22,326 |
| Common stock and additional paid-in capital, $0.01 par value; authorized 12,800,000,000 shares; issued and outstanding 8,836,148,954 and 9,669,286,370 shares | 91,723 | 118,896 |
| Retained earnings | 156,319 | 136,314 |
| Accumulated other comprehensive income (loss) | (6,633) | (12,211) |
| Total shareholders equity | 264,810 | 265,325 |
| Total liabilities and shareholders equity | 2,434,079 | 2,354,507 |
| Variable Interest Entities | ||
| Consolidated VIEs | ||
| Trading account assets (includes $90,946 and $119,363 pledged as collateral) | 5,811 | 5,798 |
| Loans and leases (includes $8,335 and $4,349 measured at fair value) | 38,837 | 43,850 |
| Allowance for loan and lease losses | (807) | (912) |
| Loans and leases, net of allowance | 38,030 | 42,938 |
| Other assets (includes $15,518 and $19,739 measured at fair value) | 540 | 337 |
| Total assets | 44,381 | 49,073 |
| Short-term borrowings (includes $3,941 and $1,648 measured at fair value) | 2,175 | 742 |
| Long-term debt (includes $34,975 and $27,689 measured at fair value) | 8,718 | 10,944 |
| All other liabilities (includes $19 and $27 of non-recourse liabilities) | 22 | 30 |
| Total liabilities | 10,915 | 11,716 |
| External Links | |
| BANK OF AMERICA CORP /DE/ (BAC) Fiscal Year 2019 | |
| 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 |