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: 2021 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2021 10-K (Filed: Feb 22, 2022) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2021 | Dec 31, 2020 | |
| Assets | ||
| Cash and due from banks | $ 29,222 | 36,430 |
| Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks | 318,999 | 344,033 |
| Cash and cash equivalents | 348,221 | 380,463 |
| Time deposits placed and other short-term investments | 7,144 | 6,546 |
| Federal funds sold and securities borrowed or purchased under agreements to resell (includes $150,665 and $108,856 measured at fair value) | 250,720 | 304,058 |
| Trading account assets (includes $103,434 and $91,510 pledged as collateral) | 247,080 | 198,854 |
| Derivative assets | 35,344 | 47,179 |
| Debt securities: | ||
| Carried at fair value | 308,073 | 246,601 |
| Held-to-maturity, at cost (fair value $665,890 and $448,180) | 674,554 | 438,249 |
| Total debt securities | 982,627 | 684,850 |
| Loans and leases (includes $7,819 and $6,681 measured at fair value) | 979,124 | 927,861 |
| Allowance for loan and lease losses | (12,387) | (18,802) |
| Loans and leases, net of allowance | 966,737 | 909,059 |
| Premises and equipment, net | 10,833 | 11,000 |
| Goodwill | 69,022 | 68,951 |
| Loans held-for-sale (includes $4,455 and $1,585 measured at fair value) | 15,635 | 9,243 |
| Customer and other receivables | 72,263 | 64,221 |
| Other assets (includes $12,144 and $15,718 measured at fair value) | 163,869 | 135,203 |
| Total assets | 3,169,495 | 2,819,627 |
| Liabilities | ||
| Deposits in U.S. offices: | ||
| Noninterest-bearing | 784,189 | 650,674 |
| Interest-bearing (includes $408 and $481 measured at fair value) | 1,165,914 | 1,038,341 |
| Deposits in non-U.S. offices: | ||
| Noninterest-bearing | 27,457 | 17,698 |
| Interest-bearing | 86,886 | 88,767 |
| Total deposits | 2,064,446 | 1,795,480 |
| Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $139,641 and $135,391 measured at fair value) | 192,329 | 170,323 |
| Trading account liabilities | 100,690 | 71,320 |
| Derivative liabilities | 37,675 | 45,526 |
| Short-term borrowings (includes $4,279 and $5,874 measured at fair value) | 23,753 | 19,321 |
| Accrued expenses and other liabilities (includes $11,489 and $16,311 measured at fair value and $1,456 and $1,878 of reserve for unfunded lending commitments) | 200,419 | 181,799 |
| Long-term debt (includes $29,708 and $32,200 measured at fair value) | 280,117 | 262,934 |
| Total liabilities | 2,899,429 | 2,546,703 |
| 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 3,939,686 and 3,931,440 shares | 24,708 | 24,510 |
| Common stock and additional paid-in capital, $0.01 par value; authorized 12,800,000,000 shares; issued and outstanding 8,077,831,463 and 8,650,814,105 shares | 62,398 | 85,982 |
| Retained earnings | 188,064 | 164,088 |
| Accumulated other comprehensive income (loss) | (5,104) | (1,656) |
| Total shareholders equity | 270,066 | 272,924 |
| Total liabilities and shareholders equity | 3,169,495 | 2,819,627 |
| Consolidated Entities | ||
| Consolidated VIEs | ||
| Trading account assets (includes $103,434 and $91,510 pledged as collateral) | 5,004 | 5,225 |
| Loans and leases (includes $7,819 and $6,681 measured at fair value) | 17,135 | 23,636 |
| Allowance for loan and lease losses | (958) | (1,693) |
| Loans and leases, net of allowance | 16,177 | 21,943 |
| Other assets (includes $12,144 and $15,718 measured at fair value) | 189 | 1,387 |
| Total assets | 21,370 | 28,555 |
| Short-term borrowings (includes $4,279 and $5,874 measured at fair value) | 247 | 454 |
| Long-term debt (includes $29,708 and $32,200 measured at fair value) | 3,587 | 7,053 |
| All other liabilities (includes $7 and $16 of non-recourse liabilities) | 7 | 16 |
| Total liabilities | 3,841 | 7,523 |
| External Links | |
| BANK OF AMERICA CORP /DE/ (BAC) Fiscal Year 2021 | |
| 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 |