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: 2022 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2022 10-K (Filed: Feb 22, 2023) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2022 | Dec 31, 2021 | |
| Assets | ||
| Cash and due from banks | $ 30,334 | 29,222 |
| Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks | 199,869 | 318,999 |
| Cash and cash equivalents | 230,203 | 348,221 |
| Time deposits placed and other short-term investments | 7,259 | 7,144 |
| Federal funds sold and securities borrowed or purchased under agreements to resell (includes $146,999 and $150,665 measured at fair value) | 267,574 | 250,720 |
| Trading account assets (includes $115,505 and $103,434 pledged as collateral) | 296,108 | 247,080 |
| Derivative assets | 48,642 | 35,344 |
| Debt securities: | ||
| Carried at fair value | 229,994 | 308,073 |
| Held-to-maturity, at cost (fair value $524,267 and $665,890) | 632,825 | 674,554 |
| Total debt securities | 862,819 | 982,627 |
| Loans and leases (includes $5,771 and $7,819 measured at fair value) | 1,045,747 | 979,124 |
| Allowance for loan and lease losses | (12,682) | (12,387) |
| Loans and leases, net of allowance | 1,033,065 | 966,737 |
| Premises and equipment, net | 11,510 | 10,833 |
| Goodwill | 69,022 | 69,022 |
| Loans held-for-sale (includes $1,115 and $4,455 measured at fair value) | 6,871 | 15,635 |
| Customer and other receivables | 67,543 | 72,263 |
| Other assets (includes $9,594 and $12,144 measured at fair value) | 150,759 | 163,869 |
| Total assets | 3,051,375 | 3,169,495 |
| Liabilities | ||
| Deposits in U.S. offices: | ||
| Noninterest-bearing | 640,745 | 784,189 |
| Interest-bearing (includes $311 and $408 measured at fair value) | 1,182,590 | 1,165,914 |
| Deposits in non-U.S. offices: | ||
| Noninterest-bearing | 20,480 | 27,457 |
| Interest-bearing | 86,526 | 86,886 |
| Total deposits | 1,930,341 | 2,064,446 |
| Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $151,708 and $139,641 measured at fair value) | 195,635 | 192,329 |
| Trading account liabilities | 80,399 | 100,690 |
| Derivative liabilities | 44,816 | 37,675 |
| Short-term borrowings (includes $832 and $4,279 measured at fair value) | 26,932 | 23,753 |
| Accrued expenses and other liabilities (includes $9,752 and $11,489 measured at fair value and $1,540 and $1,456 of reserve for unfunded lending commitments) | 224,073 | 200,419 |
| Long-term debt (includes $33,070 and $29,708 measured at fair value) | 275,982 | 280,117 |
| Total liabilities | 2,778,178 | 2,899,429 |
| 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 4,088,101 and 3,939,686 shares | 28,397 | 24,708 |
| Common stock and additional paid-in capital, $0.01 par value; authorized 12,800,000,000 shares; issued and outstanding 7,996,777,943 and 8,077,831,463 shares | 58,953 | 62,398 |
| Retained earnings | 207,003 | 188,064 |
| Accumulated other comprehensive income (loss) | (21,156) | (5,104) |
| Total shareholders equity | 273,197 | 270,066 |
| Total liabilities and shareholders equity | 3,051,375 | 3,169,495 |
| Consolidated Entities | ||
| Consolidated VIEs | ||
| Trading account assets (includes $115,505 and $103,434 pledged as collateral) | 2,816 | 5,004 |
| Loans and leases (includes $5,771 and $7,819 measured at fair value) | 16,738 | 17,135 |
| Allowance for loan and lease losses | (797) | (958) |
| Loans and leases, net of allowance | 15,941 | 16,177 |
| Other assets (includes $9,594 and $12,144 measured at fair value) | 116 | 189 |
| Total assets | 18,873 | 21,370 |
| Short-term borrowings (includes $832 and $4,279 measured at fair value) | 42 | 247 |
| Long-term debt (includes $33,070 and $29,708 measured at fair value) | 4,581 | 3,587 |
| All other liabilities (includes $13 and $7 of non-recourse liabilities) | 13 | 7 |
| Total liabilities | 4,636 | 3,841 |
| External Links | |
| BANK OF AMERICA CORP /DE/ (BAC) Fiscal Year 2022 | |
| 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 |