Bank of America Financials


Bank of America has total assets of $1,803,213 million and year-to-date net operating income of $9,949 million. Bank of America financials obtained from the Federal Deposit Insurance Corporation (FDIC). Financial data is updated quarterly in Call Reports or Thrift Financial Reports filed by the bank. Data last updated on December 1, 2008 for the period ending on September 30, 2008.	Profile Financials Chargeoff Statistics Delinquency Statistics Assets Securitized and Sold Performance and Condition Ratios Bank of America Jobs

			All Banks

Assets	$ (millions)	% of Assets	$ (millions)	% of Assets
Loans Secured by Real Estate	544,650	30.20%	4,750,985	34.90%
1-4 Family Residential Mortgages	440,679	24.44%	2,754,199	20.23%
First Lien	286,870	15.91%	1,864,576	13.70%
Second Lien	36,740	2.04%	237,504	1.74%
Home Equity Lines	117,069	6.49%	652,119	4.79%
Multifamily Residential	10,678	0.59%	205,193	1.51%
Nonfarm Residential	52,135	2.89%	1,043,393	7.66%
Construction and Development	35,655	1.98%	617,055	4.53%
Farmland Loans	1,517	0.08%	62,138	0.46%
Loans Held in Foreign Offices	3,986	0.22%	69,008	0.51%
Commericial and Industrial Loans	195,113	10.82%	1,510,091	11.09%
Loans to Individuals	171,521	9.51%	1,082,731	7.95%
Credit Cards	81,331	4.51%	411,627	3.02%
Farm Loans	1,299	0.07%	59,656	0.44%
Other Loans and Leases	83,979	4.66%	595,646	4.38%
Less: Unearned Income	0	0.00%	2,741	0.02%
Total Loans and Leases	996,562	55.27%	8,000,084	58.77%
Less: Reserve for Losses	20,273	1.12%	156,065	1.15%
Net Loans and Leases	976,289	54.14%	7,844,019	57.62%
Securities	252,211	13.99%	2,027,739	14.90%
Other Real Estate Owned	1,608	0.09%	22,966	0.17%
Goodwill and Intangibles	107,023	5.94%	484,178	3.56%
All Other Assets	466,082	25.85%	3,207,062	23.56%
Total Assets	$1,803,213	100.00%	$13,613,150	100.00%

			All Banks

Liabilities and Capital	$ (millions)	% of Assets	$ (millions)	% of Assets
Deposits	976,294	54.14%	8,749,418	64.27%
Domestic Deposits	783,678	43.46%	7,230,058	53.11%
Transaction Accounts	98,971	5.49%	809,200	5.94%
Nontransaction Accounts	684,707	37.97%	6,420,965	47.17%
Money Market	290,798	16.13%	2,798,868	20.56%
Other Savings Accounts	136,816	7.59%	841,348	6.18%
Time Deposits	257,093	14.26%	2,773,205	20.37%
Foreign Deposits	192,616	10.68%	1,519,360	11.16%
Federal Funds Purchased	272,756	15.13%	936,578	6.88%
Trading Liabilities	79,371	4.40%	356,967	2.62%
Subordinated Debt	24,838	1.38%	176,833	1.30%
Other Borrowed Funds	214,827	11.91%	1,684,829	12.38%
All Other Liabilities	42,770	2.37%	401,428	2.95%
Equity Capital	192,357	10.67%	1,307,097	9.60%
Total Liabilities and Capital	$1,803,213	100.00%	$13,613,150	100.00%

			All Banks

Income Data (2008 YTD)	$ (millions)	% of Assets*	$ (millions)	% of Assets*
Total Interest Income	62,200	4.60%	487,019	4.77%
Total Interest Expense	27,330	2.02%	207,949	2.04%
Net Interest Income	34,870	2.58%	279,070	2.73%
Provision for Loan and Lease Losses	18,265	1.35%	124,517	1.22%
Total Noninterest Income	25,477	1.88%	175,521	1.72%
Total Noninterest Expense	27,347	2.02%	274,323	2.69%
Salaries and Benefits	12,595	0.93%	122,518	1.20%
Premises and Equipment Expense	3,464	0.26%	33,971	0.33%
Additional Noninterest Expense	11,288	0.83%	117,834	1.15%
Securities Gains (Losses)	-626	-0.05%	-8,037	-0.08%
Applicable Income Taxes	4,612	0.34%	15,679	0.15%
Extraordinary Gains, Net	0	0.00%	534	0.01%
Net Income	9,496	0.70%	32,569	0.32%
Cash Dividends, Net	9,404	0.70%	42,592	0.42%
Retained Earnings	92	0.01%	-10,023	-0.10%
Net Operating Income	$9,949	0.74%	$37,457	0.37%

* Annualized

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