Bank of America Annual Report

We maintain the complete database with all recent information about Bank of America that you may need. With the help of the annual report, you can know the financial health of the bank, see how large it is, and track the dynamics and last trends of all financial indicators. All Bank of America data is relevant for April 2024.

4.7

Address

Bank of America Corporate Center
100 North Tryon Street Charlotte, NC 28255

FDIC Certificate ID

3510

Bank Charter Class

National Bank

Financial report Bank of America

Quarterly

Annually

Change dates

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

2022
2021
2020
2019
2018
2017
2016
2015
2014
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2012
2011
2010
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2002
2001
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2021
2020
2019
2018
2017
2016
2015
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2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
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1992

2022
2021
2020
2019
2018
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2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
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1992

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2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
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1992

2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
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Hide dates

All values USD, Dollar figures in thousands

Updated June 30, 2022

Item

2022

2021

2020

2019

2018

Trends

Assets and Liabilities

Total assets

2,440,022,000

2,519,525,000

2,258,832,000

1,852,983,000

1,782,639,000

Cash & Balances due from depository institutions

173,971,000

320,797,000

352,410,000

148,788,000

159,983,000

Cash items in process of collection

19,544,000

19,797,000

25,644,000

21,645,000

21,217,000

Collection in domestic offices

5,256,000

5,727,000

6,021,000

6,837,000

7,132,000

Currency and coin in domestic offices

12,989,000

13,744,000

19,379,000

14,015,000

13,193,000

Balances due from depository institutions in U.S.

39,000

16,000

575,000

27,000

222,000

Balances due from foreign banks

57,002,000

58,863,000

61,253,000

46,309,000

57,088,000

Balances due from FRB

97,386,000

242,121,000

264,938,000

80,807,000

81,456,000

Total securities *

894,328,000

941,778,000

663,158,000

444,447,000

418,582,000

U.S. Government securities

865,505,000

911,102,000

627,809,000

409,907,000

387,192,000

U.S. Treasury securities

288,596,000

283,449,000

130,614,000

66,633,000

52,842,000

U.S. Government agency obligations

576,909,000

627,653,000

497,195,000

343,274,000

334,350,000

Securities issued by states & political subdivisions

7,431,000

10,850,000

13,355,000

14,581,000

14,859,000

Other domestic debt securities

12,808,000

11,242,000

10,873,000

12,105,000

11,234,000

Privately issued residential mortgage-backed securities

151,000

166,000

263,000

88,000

116,000

Asset backed securities

5,168,000

4,560,000

4,538,000

5,697,000

6,529,000

Structured financial products - Total

128,000

9,000

79,000

56,000

57,000

Other domestic debt securities - All other

6,034,000

5,286,000

4,999,000

5,392,000

3,938,000

Foreign debt securities

8,535,000

8,551,000

9,798,000

7,666,000

5,183,000

Equity securities not held for trading

88,000

70,000

1,353,000

188,000

114,000

Equity securities available-for-sale

N/A

Credit Loss Allowance for Held to Maturity Debt Securities

39,000

37,000

30,000

N/A

Assets held in trading accounts for TFR Reporters

N/A

General valuation allowances for securities for TFR Reporters

N/A

Federal funds sold and reverse repurchase

28,731,000

24,814,000

101,108,000

61,096,000

50,686,000

Net loans and leases

1,014,189,000

967,427,000

910,794,000

969,383,000

930,337,000

Loan and leases loss allowance**

11,942,000

12,368,000

18,779,000

9,384,000

9,522,000

Total loans and leases

1,026,131,000

979,795,000

929,573,000

978,767,000

939,859,000

Unearned income

N/A

Loans and leases, gross

1,026,131,000

979,795,000

929,573,000

978,767,000

939,859,000

All real estate loans

321,659,000

319,450,000

329,933,000

349,379,000

323,677,000

Real estate loans in domestic offices

318,582,000

316,981,000

326,196,000

345,572,000

318,694,000

Construction and development loans

9,736,000

9,691,000

9,811,000

8,844,000

7,961,000

Residential 1-4 family construction

506,000

461,000

576,000

573,000

628,000

Other construction, all land development and other land

9,230,000

9,235,000

8,271,000

7,333,000

Secured by nonfarm nonresidential properties

58,158,000

60,326,000

59,075,000

62,145,000

58,585,000

Nonfarm nonresidential secured by owner-occupied properties

24,133,000

23,033,000

22,203,000

22,848,000

21,634,000

Commercial real estate other non-farm non-residential

34,025,000

37,293,000

36,872,000

39,297,000

36,951,000

Multifamily residential real estate

5,877,000

5,392,000

4,806,000

5,047,000

5,165,000

1-4 family residential loans

242,603,000

239,523,000

250,657,000

267,570,000

244,978,000

Farmland loans

2,208,000

2,049,000

1,847,000

1,966,000

2,005,000

Loans held in foreign offices

3,077,000

2,469,000

3,737,000

3,807,000

4,983,000

Farm loans

2,860,000

2,866,000

604,000

625,000

563,000

Commercial and industrial loans

331,933,000

297,081,000

287,765,000

296,551,000

277,935,000

Loans to individuals

173,250,000

163,690,000

150,585,000

170,541,000

172,012,000

Credit card loans

85,795,000

81,524,000

78,708,000

97,607,000

98,338,000

Related Plans

39,801,000

37,458,000

30,127,000

26,487,000

26,638,000

Consumer Loans - Auto

37,242,000

34,940,000

33,061,000

37,398,000

37,559,000

Other loans to individuals

10,412,000

9,768,000

8,689,000

9,049,000

9,477,000

All other loans & leases*

196,429,000

196,708,000

160,686,000

161,671,000

165,672,000

Loans to foreign governments and official institutions

1,005,000

1,136,000

1,350,000

2,228,000

1,544,000

Obligations of states and political subdivisions in U.S.

24,064,000

24,752,000

21,839,000

20,472,000

21,050,000

Other loans

136,597,000

135,915,000

103,824,000

94,567,000

99,718,000

Lease financing receivables

19,085,000

20,679,000

21,575,000

24,064,000

25,990,000

Loans to depository institutions and acceptances of other banks

15,678,000

14,226,000

12,098,000

20,340,000

17,370,000

Trading account assets

146,371,000

85,703,000

69,139,000

77,464,000

77,357,000

Bank premises and fixed assets

19,151,000

19,252,000

19,477,000

18,486,000

9,418,000

Other real estate owned

313,000

204,000

342,000

357,000

Direct and indirect investments in real estate

N/A

OREO: Real estate acquired

313,000

204,000

342,000

357,000

Other real estate owned: 1-4 family residential

112,000

97,000

118,000

221,000

227,000

Other Real Estate Owned: Multi-family residential

N/A

Other real estate owned: Commercial real estate

190,000

205,000

74,000

109,000

117,000

Other real estate owned:Construction & development

11,000

12,000

13,000

Other real estate owned: Farmland

N/A

Foreclosed properties from GNMA loans before June 2018

N/A

Other real estate owned in foreign offices

N/A

Goodwill and other intangibles

58,667,000

58,567,000

58,620,000

58,555,000

59,148,000

Goodwill

57,344,000

57,227,000

Mortgage servicing assets

723,000

585,000

757,000

1,182,000

1,662,000

All other assets

104,301,000

100,874,000

83,922,000

74,422,000

76,771,000

Liabilities and Capital

Total liabilities and capital

2,440,022,000

2,519,525,000

2,258,832,000

1,852,983,000

1,782,639,000

Total Liabilities

2,209,100,000

2,283,098,000

2,040,217,000

1,640,825,000

1,574,911,000

Total deposits

2,075,356,000

2,144,377,000

1,906,458,000

1,497,854,000

1,456,846,000

Deposits held in domestic offices

1,964,041,000

2,025,967,000

1,797,272,000

1,402,827,000

1,374,069,000

Individuals, partnerships, and corporations

1,914,175,000

1,967,942,000

1,748,586,000

1,359,389,000

1,329,088,000

U.S. Government

606,000

1,320,000

816,000

597,000

565,000

States and political subdivisions in the U.S.

27,381,000

31,509,000

27,560,000

22,175,000

20,505,000

Commercial banks and other depository institutions in U.S.

2,588,000

2,189,000

2,312,000

1,955,000

1,714,000

Banks in foreign countries

18,921,000

22,411,000

17,466,000

15,428,000

14,154,000

Foreign governments and official institutions

370,000

596,000

532,000

3,283,000

8,043,000

Deposits held in foreign offices

111,315,000

118,410,000

109,186,000

95,027,000

82,777,000

Deposits held in domestic offices

1,964,041,000

2,025,967,000

1,797,272,000

1,402,827,000

1,374,069,000

Transaction accounts

354,177,000

393,027,000

399,678,000

290,260,000

278,304,000

Nontransaction accounts

1,609,864,000

1,632,940,000

1,397,594,000

1,112,567,000

1,095,765,000

Money market deposit accounts (MMDAs)

471,740,000

439,796,000

630,279,000

574,449,000

559,080,000

Other savings deposits (excluding MMDAs)

1,099,919,000

1,155,699,000

723,534,000

476,588,000

486,520,000

Total time deposits

38,205,000

37,445,000

43,781,000

61,530,000

50,165,000

Federal funds purchased and repurchase agreements

43,782,000

39,227,000

35,406,000

31,053,000

18,405,000

Trading liabilities

27,721,000

31,445,000

27,235,000

26,947,000

26,773,000

N/A - idobrmtg

18,692,000

19,865,000

23,800,000

41,772,000

46,609,000

Subordinated debt

1,567,000

1,780,000

1,883,000

1,744,000

1,618,000

All other liabilities

41,982,000

46,404,000

45,435,000

41,455,000

24,660,000

Total equity capital

230,922,000

236,427,000

218,615,000

212,158,000

207,728,000

Bank equity capital

230,922,000

236,427,000

218,605,000

212,148,000

207,718,000

Perpetual preferred stock

N/A

Common stock

3,020,000

Surplus

176,727,000

166,234,000

166,233,000

174,233,000

Undivided profits

51,175,000

56,680,000

49,351,000

42,895,000

30,465,000

Equity, minor interest in consolidated subs

N/A

10,000

Memoranda

Noncurrent loans and leases

5,927,000

6,037,000

7,172,000

6,092,000

8,406,000

Income earned, not collected on loans

5,085,000

4,659,000

4,236,000

4,242,000

4,233,000

Earning assets

2,200,751,000

2,296,444,000

2,036,243,000

1,650,434,000

1,587,886,000

Long-term assets (5+ years)

1,033,988,000

1,096,069,000

812,154,000

611,716,000

557,972,000

Average total assets

2,491,055,333.33

2,369,248,600

2,092,553,818.2

1,803,368,400

1,771,363,200

Average assets, quarterly

2,476,820,500

2,460,172,000

2,207,920,000

1,832,979,500

1,790,260,000

Total risk weighted assets adjusted

1,393,379,000

1,351,917,000

1,220,976,000

1,240,934,000

1,194,874,000

Adjusted average assets for leverage capital purposes

2,397,903,000

2,414,002,000

2,143,142,000

1,780,001,000

1,719,098,000

Life insurance assets

24,037,000

24,166,000

22,899,000

22,547,000

22,113,000

General account life insurance assets

3,059,000

3,028,000

2,999,000

2,950,000

2,884,000

Separate account life insurance assets

20,978,000

21,138,000

19,900,000

19,597,000

19,229,000

Hybrid life insurance assets

N/A

Volatile liabilities

195,264,000

199,211,000

185,225,000

193,820,000

162,809,000

Insider loans

5,273,000

4,360,000

3,430,000

4,231,000

13,000

FHLB advances

7,085,000

7,590,000

7,598,000

10,112,000

19,881,000

Loans and leases held for sale

6,477,000

15,410,000

9,053,000

8,938,000

10,065,000

Unused loan commitments

981,207,000

951,122,000

866,207,000

892,902,000

817,904,000

Tier one (core) capital

182,767,000

182,526,000

164,593,000

154,626,000

149,824,000

Tier 2 Risk-based capital

12,460,000

12,247,000

16,777,000

11,941,000

11,936,000

Total unused commitments

981,207,000

951,122,000

866,207,000

892,902,000

817,904,000

Derivatives

22,666,325,000

18,498,057,000

15,130,256,000

17,083,095,000

18,028,718,000