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: 2020 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2020 10-K (Filed: Feb 24, 2021) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2020 | Dec 31, 2019 | |
| Assets | ||
| Cash and due from banks | $ 36,430 | 30,152 |
| Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks | 344,033 | 131,408 |
| Cash and cash equivalents | 380,463 | 161,560 |
| Time deposits placed and other short-term investments | 6,546 | 7,107 |
| Federal funds sold and securities borrowed or purchased under agreements to resell (includes $108,856 and $50,364 measured at fair value) | 304,058 | 274,597 |
| Trading account assets (includes $91,510 and $90,946 pledged as collateral) | 198,854 | 229,826 |
| Derivative assets | 47,179 | 40,485 |
| Debt securities: | ||
| Carried at fair value | 246,601 | 256,467 |
| Held-to-maturity, at cost (fair value $448,180 and $219,821) | 438,249 | 215,730 |
| Total debt securities | 684,850 | 472,197 |
| Loans and leases (includes $6,681 and $8,335 measured at fair value) | 927,861 | 983,426 |
| Allowance for loan and lease losses | (18,802) | (9,416) |
| Loans and leases, net of allowance | 909,059 | 974,010 |
| Premises and equipment, net | 11,000 | 10,561 |
| Goodwill | 68,951 | 68,951 |
| Loans held-for-sale (includes $1,585 and $3,709 measured at fair value) | 9,243 | 9,158 |
| Customer and other receivables | 64,221 | 55,937 |
| Other assets (includes $15,718 and $15,518 measured at fair value) | 135,203 | 129,690 |
| Total assets | 2,819,627 | 2,434,079 |
| Liabilities | ||
| Deposits in U.S. offices: | ||
| Noninterest-bearing | 650,674 | 403,305 |
| Interest-bearing (includes $481 and $508 measured at fair value) | 1,038,341 | 940,731 |
| Deposits in non-U.S. offices: | ||
| Noninterest-bearing | 17,698 | 13,719 |
| Interest-bearing | 88,767 | 77,048 |
| Total deposits | 1,795,480 | 1,434,803 |
| Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $135,391 and $16,008 measured at fair value) | 170,323 | 165,109 |
| Trading account liabilities | 71,320 | 83,270 |
| Derivative liabilities | 45,526 | 38,229 |
| Short-term borrowings (includes $5,874 and $3,941 measured at fair value) | 19,321 | 24,204 |
| Accrued expenses and other liabilities (includes $16,311 and $15,434 measured at fair value and $1,878 and $813 of reserve for unfunded lending commitments) | 181,799 | 182,798 |
| Long-term debt (includes $32,200 and $34,975 measured at fair value) | 262,934 | 240,856 |
| Total liabilities | 2,546,703 | 2,169,269 |
| Commitments and contingencies (Note 6 Securitizations and Other Variable Interest Entities and Note 12 Commitments and Contingencies) | ||
| Shareholders equity | ||
| Preferred stock, $0.01 par value; authorized 100,000,000 shares; issued and outstanding 3,931,440 and 3,887,440 shares | 24,510 | 23,401 |
| Common stock and additional paid-in capital, $0.01 par value; authorized 12,800,000,000 shares; issued and outstanding 8,650,814,105 and 8,836,148,954 shares | 85,982 | 91,723 |
| Retained earnings | 164,088 | 156,319 |
| Accumulated other comprehensive income (loss) | (1,656) | (6,633) |
| Total shareholders equity | 272,924 | 264,810 |
| Total liabilities and shareholders equity | 2,819,627 | 2,434,079 |
| Consolidated Entities | ||
| Consolidated VIEs | ||
| Trading account assets (includes $91,510 and $90,946 pledged as collateral) | 5,225 | 5,811 |
| Loans and leases (includes $6,681 and $8,335 measured at fair value) | 23,636 | 38,837 |
| Allowance for loan and lease losses | (1,693) | (807) |
| Loans and leases, net of allowance | 21,943 | 38,030 |
| Other assets (includes $15,718 and $15,518 measured at fair value) | 1,387 | 540 |
| Total assets | 28,555 | 44,381 |
| Short-term borrowings (includes $5,874 and $3,941 measured at fair value) | 454 | 2,175 |
| Long-term debt (includes $32,200 and $34,975 measured at fair value) | 7,053 | 8,718 |
| All other liabilities (includes $16 and $19 of non-recourse liabilities) | 16 | 22 |
| Total liabilities | 7,523 | 10,915 |
| External Links | |
| BANK OF AMERICA CORP /DE/ (BAC) Fiscal Year 2020 | |
| 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 |