Exhibit

Supplemental Information

Second Quarter 2016

This information is preliminary and based on company data available at the time of the earnings presentation. It speaks only as of the particular date or dates included in the accompanying pages. Bank of America does not undertake an obligation to, and disclaims any duty to, update any of the information provided. Any forward-looking statements in this information are subject to the forward-looking language contained in Bank of America’s reports filed with the SEC pursuant to the Securities Exchange Act of 1934, which are available at the SEC’s website (www.sec.gov) or at Bank of America’s website (www.bankofamerica.com). Bank of America’s future financial performance is subject to risks and uncertainties as described in its SEC filings.




Bank of America Corporation and Subsidiaries
Table of Contents	Page


Consolidated Financial Highlights	2
Supplemental Financial Data	3
Consolidated Statement of Income	4
Consolidated Statement of Comprehensive Income	5
Consolidated Balance Sheet	6
Capital Management	8
Regulatory Capital Reconciliations	9
Quarterly Average Balances and Interest Rates	10
Year-to-Date Average Balances and Interest Rates	12
Debt Securities and Available-for-Sale Marketable Equity Securities	14
Quarterly Results by Business Segment and All Other	15
Year-to-Date Results by Business Segment and All Other	17
Consumer Banking
Total Segment Results	18
Business Results	19
Key Indicators	22
Global Wealth & Investment Management
Total Segment Results	24
Key Indicators	25
Global Banking
Total Segment Results	26
Key Indicators	27
Investment Banking Product Rankings	28
Global Markets
Total Segment Results	29
Key Indicators	30
All Other
Total Results	31
Outstanding Loans and Leases	32
Quarterly Average Loans and Leases by Business Segment and All Other	33
Commercial Credit Exposure by Industry	34
Net Credit Default Protection by Maturity Profile and Credit Exposure Debt Rating	35
Top 20 Non-U.S. Countries Exposure	36
Nonperforming Loans, Leases and Foreclosed Properties	37
Nonperforming Loans, Leases and Foreclosed Properties Activity	38
Quarterly Net Charge-offs and Net Charge-off Ratios	39
Year-to-Date Net Charge-offs and Net Charge-off Ratios	40
Allocation of the Allowance for Credit Losses by Product Type	41

Exhibit A: Non-GAAP Reconciliations	42

Description of Segment Realignment

From time to time, Bank of America Corporation (the Corporation) has indicated that it may reclassify its business segment results based on, among other things, changes in its organizational alignment. In the Corporation's Annual Report on Form 10-K for the year ended December 31, 2015, the Corporation reported its results of operations through five business segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, Global Markets and Legacy Assets & Servicing, with the remaining operations recorded in All Other. Effective April 1, 2016, to align the segments with how we now manage the businesses, the Corporation changed its basis of presentation by eliminating the Legacy Assets & Servicing segment, and following such change, we report our results of operations through the following four business segments: Consumer Banking, Global Wealth & Investment Management, Global Banking and Global Markets, with the remaining operations recorded in All Other.



Bank of America Corporation and Subsidiaries
Consolidated Financial Highlights
(Dollars in millions, except per share information; shares in thousands)
	Six Months Ended June 30						Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
	2016			2015			Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
Income statement
Net interest income	$	18,384		$	19,872		$	9,213		$	9,171		$	9,756		$	9,471		$	10,461
Noninterest income	21,526			22,998			11,185			10,341			9,911			11,042			11,495
Total revenue, net of interest expense	39,910			42,870			20,398			19,512			19,667			20,513			21,956
Provision for credit losses	1,973			1,545			976			997			810			806			780
Noninterest expense	28,309			29,785			13,493			14,816			14,010			13,940			13,958
Income tax expense	2,716			3,309			1,697			1,019			1,511			1,446			2,084
Net income	6,912			8,231			4,232			2,680			3,336			4,321			5,134
Preferred stock dividends	818			712			361			457			330			441			330
Net income applicable to common shareholders	6,094			7,519			3,871			2,223			3,006			3,880			4,804
Diluted earnings per common share	0.56			0.68			0.36			0.21			0.28			0.35			0.43
Average diluted common shares issued and outstanding	11,079,939			11,252,417			11,059,167			11,100,067			11,153,169			11,197,203			11,238,060
Dividends paid per common share	$	0.10		$	0.10		$	0.05		$	0.05		$	0.05		$	0.05		$	0.05

Performance ratios
Return on average assets	0.64		%	0.77		%	0.78		%	0.50		%	0.61		%	0.79		%	0.96		%
Return on average common shareholders' equity	5.14			6.68			6.48			3.77			5.08			6.65			8.42
Return on average shareholders' equity	5.29			6.68			6.42			4.14			5.15			6.75			8.20
Return on average tangible common shareholders' equity ⁽¹⁾	7.34			9.79			9.24			5.41			7.32			9.65			12.31
Return on average tangible shareholders' equity ⁽¹⁾	7.28			9.42			8.79			5.72			7.15			9.43			11.51


At period end
Book value per share of common stock	$	23.67		$	21.91		$	23.67		$	23.12		$	22.54		$	22.41		$	21.91
Tangible book value per share of common stock ⁽¹⁾	16.68			15.02			16.68			16.17			15.62			15.50			15.02
Market price per share of common stock:
Closing price	$	13.27		$	17.02		$	13.27		$	13.52		$	16.83		$	15.58		$	17.02
High closing price for the period	16.43			17.90			15.11			16.43			17.95			18.45			17.67
Low closing price for the period	11.16			15.15			12.18			11.16			15.38			15.26			15.41
Market capitalization	135,577			178,231			135,577			139,427			174,700			162,457			178,231

Number of financial centers - U.S.	4,681			4,789			4,681			4,689			4,726			4,741			4,789
Number of branded ATMs - U.S.	15,998			15,992			15,998			16,003			16,038			16,062			15,992
Full-time equivalent employees	210,516			216,679			210,516			213,183			213,280			215,193			216,679

⁽¹⁾

Tangible equity ratios and tangible book value per share of common stock are non-GAAP financial measures. We believe the use of these non-GAAP financial measures provides additional clarity in assessing the results of the Corporation. Other companies may define or calculate non-GAAP financial measures differently. (See Exhibit A: Non-GAAP Reconciliations - Reconciliations to GAAP Financial Measures on pages 42-43.)

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	2



Bank of America Corporation and Subsidiaries
Supplemental Financial Data
(Dollars in millions)

Fully taxable-equivalent (FTE) basis data ⁽¹⁾

	Six Months Ended June 30						Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
	2016			2015			Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
Net interest income	$	18,822		$	20,310		$	9,436		$	9,386		$	9,982		$	9,697		$	10,684
Total revenue, net of interest expense	40,348			43,308			20,621			19,727			19,893			20,739			22,179
Net interest yield	2.04		%	2.27		%	2.03		%	2.05		%	2.15		%	2.10		%	2.37		%
Efficiency ratio	70.16			68.77			65.43			75.11			70.43			67.22			62.93


⁽¹⁾	FTE basis is a non-GAAP financial measure. FTE basis is a performance measure used by management in operating the business that management believes provides investors with a more accurate picture of the interest margin for comparative purposes. (See Exhibit A: Non-GAAP Reconciliations - Reconciliations to GAAP Financial Measures on pages 42-43.)

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	3



Bank of America Corporation and Subsidiaries
Consolidated Statement of Income
(Dollars in millions, except per share information; shares in thousands)
	Six Months Ended June 30				Second Quarter 2016		First Quarter 2016		Fourth Quarter 2015		Third Quarter 2015		Second Quarter 2015
	2016		2015
Interest income
Loans and leases	$	16,479	$	15,947	$	8,219	$	8,260	$	8,006	$	7,965	$	7,951
Debt securities	2,559		4,957		1,355		1,204		2,523		1,839		3,070
Federal funds sold and securities borrowed or purchased under agreements to resell	536		499		260		276		214		275		268
Trading account assets	2,254		2,157		1,075		1,179		1,106		1,134		1,074
Other interest income	1,535		1,468		759		776		804		754		742
Total interest income	23,363		25,028		11,668		11,695		12,653		11,967		13,105

Interest expense
Deposits	470		436		245		225		211		214		216
Short-term borrowings	1,239		1,271		625		614		519		597		686
Trading account liabilities	534		729		242		292		272		342		335
Long-term debt	2,736		2,720		1,343		1,393		1,895		1,343		1,407
Total interest expense	4,979		5,156		2,455		2,524		2,897		2,496		2,644
Net interest income	18,384		19,872		9,213		9,171		9,756		9,471		10,461

Noninterest income
Card income	2,894		2,871		1,464		1,430		1,578		1,510		1,477
Service charges	3,708		3,621		1,871		1,837		1,862		1,898		1,857
Investment and brokerage services	6,383		6,765		3,201		3,182		3,236		3,336		3,387
Investment banking income	2,561		3,013		1,408		1,153		1,272		1,287		1,526
Trading account profits	3,680		3,894		2,018		1,662		963		1,616		1,647
Mortgage banking income	745		1,695		312		433		262		407		1,001
Gains on sales of debt securities	493		436		267		226		270		385		168
Other income	1,062		703		644		418		468		603		432
Total noninterest income	21,526		22,998		11,185		10,341		9,911		11,042		11,495
Total revenue, net of interest expense	39,910		42,870		20,398		19,512		19,667		20,513		21,956

Provision for credit losses	1,973		1,545		976		997		810		806		780

Noninterest expense
Personnel	16,574		17,504		7,722		8,852		7,535		7,829		7,890
Occupancy	2,064		2,054		1,036		1,028		1,011		1,028		1,027
Equipment	914		1,012		451		463		528		499		500
Marketing	833		885		414		419		481		445		445
Professional fees	897		915		472		425		676		673		494
Amortization of intangibles	373		425		186		187		202		207		212
Data processing	1,555		1,567		717		838		817		731		715
Telecommunications	362		373		189		173		240		210		202
Other general operating	4,737		5,050		2,306		2,431		2,520		2,318		2,473
Total noninterest expense	28,309		29,785		13,493		14,816		14,010		13,940		13,958
Income before income taxes	9,628		11,540		5,929		3,699		4,847		5,767		7,218
Income tax expense	2,716		3,309		1,697		1,019		1,511		1,446		2,084
Net income	$	6,912	$	8,231	$	4,232	$	2,680	$	3,336	$	4,321	$	5,134
Preferred stock dividends	818		712		361		457		330		441		330
Net income applicable to common shareholders	$	6,094	$	7,519	$	3,871	$	2,223	$	3,006	$	3,880	$	4,804

Per common share information
Earnings	$	0.59	$	0.72	$	0.38	$	0.21	$	0.29	$	0.37	$	0.46
Diluted earnings	0.56		0.68		0.36		0.21		0.28		0.35		0.43
Dividends paid	0.10		0.10		0.05		0.05		0.05		0.05		0.05
Average common shares issued and outstanding	10,296,652		10,503,379		10,253,573		10,339,731		10,399,422		10,444,291		10,488,137
Average diluted common shares issued and outstanding	11,079,939		11,252,417		11,059,167		11,100,067		11,153,169		11,197,203		11,238,060

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	4



Bank of America Corporation and Subsidiaries
Consolidated Statement of Comprehensive Income
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2016			First Quarter 2016		Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
	2016			2015			Second Quarter 2016			First Quarter 2016		Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
Net income	$	6,912		$	8,231		$	4,232		$	2,680	$	3,336		$	4,321		$	5,134
Other comprehensive income (loss), net-of-tax:
Net change in debt and marketable equity securities	4,068			(1,201		)	1,177			2,891		(1,815		)	1,418			(2,537		)
Net change in debit valuation adjustments	114			446			(13		)	127		(18		)	187			186
Net change in derivatives	150			289			126			24		168			127			246
Employee benefit plan adjustments	23			50			13			10		317			27			25
Net change in foreign currency translation adjustments	(9		)	(8		)	(21		)	12		(39		)	(76		)	43
Other comprehensive income (loss)	4,346			(424		)	1,282			3,064		(1,387		)	1,683			(2,037		)
Comprehensive income	$	11,258		$	7,807		$	5,514		$	5,744	$	1,949		$	6,004		$	3,097

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	5



Bank of America Corporation and Subsidiaries
Consolidated Balance Sheet
(Dollars in millions)
	June 30 2016			March 31 2016			June 30 2015
Assets
Cash and due from banks	$	29,408		$	27,781		$	29,974
Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks	141,799			151,829			133,540
Cash and cash equivalents	171,207			179,610			163,514
Time deposits placed and other short-term investments	7,558			5,891			7,996
Federal funds sold and securities borrowed or purchased under agreements to resell	213,737			221,129			199,903
Trading account assets	175,365			178,987			189,106
Derivative assets	55,264			52,255			50,977
Debt securities:
Carried at fair value	309,670			302,333			332,307
Held-to-maturity, at cost	102,279			97,978			60,072
Total debt securities	411,949			400,311			392,379
Loans and leases	903,153			901,113			881,196
Allowance for loan and lease losses	(11,837		)	(12,069		)	(13,068		)
Loans and leases, net of allowance	891,316			889,044			868,128
Premises and equipment, net	9,150			9,358			9,700
Mortgage servicing rights	2,269			2,631			3,521
Goodwill	69,744			69,761			69,775
Intangible assets	3,352			3,578			4,188
Loans held-for-sale	8,848			6,192			6,914
Customer and other receivables	58,150			56,838			64,505
Other assets	108,700			109,913			118,428
Total assets	$	2,186,609		$	2,185,498		$	2,149,034

Assets of consolidated variable interest entities included in total assets above (isolated to settle the liabilities of the variable interest entities)
Trading account assets	$	5,940		$	5,876		$	4,863
Loans and leases	60,384			62,045			85,467
Allowance for loan and lease losses	(1,128		)	(1,152		)	(1,711		)
Loans and leases, net of allowance	59,256			60,893			83,756
Loans held-for-sale	256			278			413
All other assets	1,455			1,523			3,681
Total assets of consolidated variable interest entities	$	66,907		$	68,570		$	92,713

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	6



Bank of America Corporation and Subsidiaries
Consolidated Balance Sheet (continued)
(Dollars in millions)
	June 30 2016			March 31 2016			June 30 2015
Liabilities
Deposits in U.S. offices:
Noninterest-bearing	$	424,918		$	424,319		$	411,862
Interest-bearing	714,607			718,579			668,447
Deposits in non-U.S. offices:
Noninterest-bearing	11,252			11,230			8,294
Interest-bearing	65,314			63,133			60,957
Total deposits	1,216,091			1,217,261			1,149,560
Federal funds purchased and securities loaned or sold under agreements to repurchase	178,062			188,960			213,024
Trading account liabilities	74,282			74,003			72,596
Derivative liabilities	47,561			41,063			43,583
Short-term borrowings	33,051			30,881			39,903
Accrued expenses and other liabilities (includes $750, $627 and $588 of reserve for unfunded lending commitments)	140,876			137,705			135,295
Long-term debt	229,617			232,849			243,414
Total liabilities	1,919,540			1,922,722			1,897,375
Shareholders' equity
Preferred stock, $0.01 par value; authorized – 100,000,000 shares; issued and outstanding – 3,887,790, 3,851,790 and 3,767,790 shares	25,220			24,342			22,273
Common stock and additional paid-in capital, $0.01 par value; authorized – 12,800,000,000 shares; issued and outstanding – 10,216,780,615, 10,312,660,252 and 10,471,836,636 shares	149,554			150,774			152,638
Retained earnings	93,623			90,270			82,718
Accumulated other comprehensive income (loss)	(1,328		)	(2,610		)	(5,970		)
Total shareholders' equity	267,069			262,776			251,659
Total liabilities and shareholders' equity	$	2,186,609		$	2,185,498		$	2,149,034

Liabilities of consolidated variable interest entities included in total liabilities above
Short-term borrowings	$	639		$	665		$	358
Long-term debt	11,463			10,857			14,471
All other liabilities	35			17			109
Total liabilities of consolidated variable interest entities	$	12,137		$	11,539		$	14,938

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	7



Bank of America Corporation and Subsidiaries
Capital Management
(Dollars in millions)
	Basel 3 Transition
	June 30 2016			March 31 2016			December 31 2015			September 30 2015			June 30 2015
Risk-based capital metrics ⁽¹⁾:
Standardized Approach
Common equity tier 1 capital	$	166,173		$	162,732		$	163,026		$	161,649		$	158,326
Tier 1 capital	187,209			182,550			180,778			178,830			176,247
Total capital	226,949			223,020			220,676			219,901			217,538
Risk-weighted assets	1,398,610			1,405,748			1,403,293			1,391,672			1,407,891
Common equity tier 1 capital ratio	11.9		%	11.6		%	11.6		%	11.6		%	11.2		%
Tier 1 capital ratio	13.4			13.0			12.9			12.9			12.5
Total capital ratio	16.2			15.9			15.7			15.8			15.5

Advanced Approaches ⁽²⁾
Common equity tier 1 capital	$	166,173		$	162,732		$	163,026		n/a			n/a
Tier 1 capital	187,209			182,550			180,778			n/a			n/a
Total capital	217,816			213,434			210,912			n/a			n/a
Risk-weighted assets	1,563,481			1,586,993			1,602,373			n/a			n/a
Common equity tier 1 capital ratio	10.6		%	10.3		%	10.2		%	n/a			n/a
Tier 1 capital ratio	12.0			11.5			11.3			n/a			n/a
Total capital ratio	13.9			13.4			13.2			n/a			n/a

Leverage-based metrics ⁽³⁾
Adjusted average assets	$	2,109,354		$	2,094,896		$	2,103,183		$	2,091,628		$	2,073,526
Tier 1 leverage ratio	8.9		%	8.7		%	8.6		%	8.5		%	8.5		%

Supplementary leverage ratio leverage exposure	$	2,694,267		$	2,685,787		$	2,726,806		$	2,739,104		$	2,729,193
Supplementary leverage ratio	6.9		%	6.8		%	6.4		%	6.4		%	6.3		%

Tangible equity ratio ⁽⁴⁾	9.2			9.0			8.9			8.8			8.6
Tangible common equity ratio⁽⁴⁾	8.1			7.9			7.8			7.8			7.6


⁽¹⁾	Regulatory capital ratios are preliminary and reflect the transition provisions of Basel 3.

⁽²⁾

Bank of America received approval to begin using the Advanced approaches capital framework to determine risk-based capital requirements in the fourth quarter of 2015. With the approval to exit parallel run, Bank of America is required to report regulatory capital risk-weighted assets and ratios under both the Standardized and Advanced approaches. The approach that yields the lower ratio is to be used to assess capital adequacy; therefore, we used the Advanced approaches at June 30, 2016, March 31, 2016 and December 31, 2015. Prior to exiting parallel run, we were required to report regulatory capital under the Standardized approach only.

⁽³⁾

The numerator of the supplementary leverage ratio and Tier 1 leverage ratio is quarter-end Basel 3 Tier 1 capital. The Tier 1 leverage ratio reflects the transition provisions of Basel 3 and the supplementary leverage ratio is calculated on a fully phased-in basis. The denominator of supplementary leverage exposure is total leverage exposure based on the daily average of the sum of on-balance sheet exposures less permitted Tier 1 deductions, as well as the simple average of certain off-balance sheet exposures, as of the end of each month in a quarter. Off-balance sheet exposures primarily include undrawn lending commitments, letters of credit, potential future derivative exposures and repo-style transactions.

⁽⁴⁾

Tangible equity ratio equals period-end tangible shareholders' equity divided by period-end tangible assets. Tangible common equity ratio equals period-end tangible common shareholders' equity divided by period-end tangible assets. Tangible shareholders' equity and tangible assets are non-GAAP financial measures. We believe the use of these non-GAAP financial measures provides additional clarity in assessing the results of the Corporation. Other companies may define or calculate non-GAAP financial measures differently. (See Exhibit A: Non-GAAP Reconciliations - Reconciliation to GAAP Financial Measures on pages 42-43.)

n/a = not applicable

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	8



Bank of America Corporation and Subsidiaries
Regulatory Capital Reconciliations ^{(1, 2, 3)}
(Dollars in millions)
	June 30 2016			March 31 2016			December 31 2015			September 30 2015			June 30 2015
Regulatory capital – Basel 3 transition to fully phased-in
Common equity tier 1 capital (transition)	$	166,173		$	162,732		$	163,026		$	161,649		$	158,326
Deferred tax assets arising from net operating loss and tax credit carryforwards phased in during transition	(3,496		)	(3,764		)	(5,151		)	(5,554		)	(5,706		)
Accumulated OCI phased in during transition	359			(117		)	(1,917		)	(1,018		)	(1,884		)
Intangibles phased in during transition	(907		)	(983		)	(1,559		)	(1,654		)	(1,751		)
Defined benefit pension fund assets phased in during transition	(378		)	(381		)	(568		)	(470		)	(476		)
DVA related to liabilities and derivatives phased in during transition	104			76			307			228			384
Other adjustments and deductions phased in during transition	(24		)	(54		)	(54		)	(92		)	(587		)
Common equity tier 1 capital (fully phased-in)	$	161,831		$	157,509		$	154,084		$	153,089		$	148,306

Risk-weighted assets – As reported to Basel 3 (fully phased-in)
Basel 3 Standardized approach risk-weighted assets as reported	$	1,398,610		$	1,405,748		$	1,403,293		$	1,391,672		$	1,407,891
Changes in risk-weighted assets from reported to fully phased-in	17,689			20,104			24,089			22,989			25,460
Basel 3 Standardized approach risk-weighted assets (fully phased-in)	$	1,416,299		$	1,425,852		$	1,427,382		$	1,414,661		$	1,433,351

Basel 3 Advanced approaches risk-weighted assets as reported	$	1,563,481		$	1,586,993		$	1,602,373		n/a			n/a
Changes in risk-weighted assets from reported to fully phased-in	(19,600		)	(29,710		)	(27,690		)	n/a			n/a
Basel 3 Advanced approaches risk-weighted assets (fully phased-in)⁽⁴⁾	$	1,543,881		$	1,557,283		$	1,574,683		$	1,397,504		$	1,427,388

Regulatory capital ratios
Basel 3 Standardized approach common equity tier 1 (transition)	11.9		%	11.6		%	11.6		%	11.6		%	11.2		%
Basel 3 Advanced approaches common equity tier 1 (transition)	10.6			10.3			10.2			n/a			n/a
Basel 3 Standardized approach common equity tier 1 (fully phased-in)	11.4			11.0			10.8			10.8			10.3
Basel 3 Advanced approaches common equity tier 1 (fully phased-in) ⁽⁴⁾	10.5			10.1			9.8			11.0			10.4


⁽¹⁾	Regulatory capital ratios are preliminary.

⁽²⁾


⁽³⁾	Fully phased-in estimates are non-GAAP financial measures. For reconciliations to GAAP financial measures, see above.


⁽⁴⁾	Basel 3 fully phased-in Advanced approaches estimates assume approval by U.S. banking regulators of our internal analytical models, including approval of the internal models methodology (IMM). As of June 30, 2016, the Corporation did not have regulatory approval for the IMM model.

n/a = not applicable

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	9



Bank of America Corporation and Subsidiaries
Quarterly Average Balances and Interest Rates – Fully Taxable-equivalent Basis
(Dollars in millions)
	Second Quarter 2016						First Quarter 2016						Second Quarter 2015
	Average Balance		Interest Income/ Expense		Yield/ Rate		Average Balance		Interest Income/ Expense		Yield/ Rate		Average Balance		Interest Income/ Expense		Yield/ Rate
Earning assets
Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks	$	135,312	$	157	0.47	%	$	138,574	$	155	0.45	%	$	125,762	$	81	0.26	%
Time deposits placed and other short-term investments	7,855		35		1.79		9,156		32		1.41		8,183		34		1.64
Federal funds sold and securities borrowed or purchased under agreements to resell	223,005		260		0.47		209,183		276		0.53		214,326		268		0.50
Trading account assets	127,189		1,109		3.50		136,306		1,212		3.57		137,137		1,114		3.25
Debt securities ⁽¹⁾	418,748		1,378		1.33		399,809		1,224		1.23		386,357		3,082		3.21
Loans and leases ⁽²⁾:
Residential mortgage	186,752		1,626		3.48		186,980		1,629		3.49		207,356		1,782		3.44
Home equity	73,141		703		3.86		75,328		711		3.79		82,640		769		3.73
U.S. credit card	86,705		1,983		9.20		87,163		2,021		9.32		87,460		1,980		9.08
Non-U.S. credit card	9,988		250		10.06		9,822		253		10.36		10,012		264		10.56
Direct/Indirect consumer	91,643		563		2.47		89,342		550		2.48		83,698		504		2.42
Other consumer	2,220		16		3.00		2,138		16		3.03		1,885		15		3.14
Total consumer	450,449		5,141		4.58		450,773		5,180		4.61		473,051		5,314		4.50
U.S. commercial	276,640		2,006		2.92		270,511		1,936		2.88		244,540		1,704		2.80
Commercial real estate	57,772		434		3.02		57,271		434		3.05		50,478		382		3.03
Commercial lease financing	20,874		147		2.81		21,077		182		3.46		19,486		149		3.05
Non-U.S. commercial	93,935		564		2.42		93,352		585		2.52		88,623		479		2.17
Total commercial	449,221		3,151		2.82		442,211		3,137		2.85		403,127		2,714		2.70
Total loans and leases ⁽³⁾	899,670		8,292		3.70		892,984		8,317		3.74		876,178		8,028		3.67
Other earning assets	55,955		660		4.74		58,638		694		4.76		62,712		721		4.60
Total earning assets⁽⁴⁾	1,867,734		11,891		2.56		1,844,650		11,910		2.59		1,810,655		13,328		2.95
Cash and due from banks	27,924						28,844						30,751
Other assets, less allowance for loan and lease losses	292,251						300,124						310,560
Total assets	$	2,187,909					$	2,173,618					$	2,151,966

⁽¹⁾

Yields on debt securities excluding the impact of market-related adjustments were 2.34 percent, 2.45 percent and 2.48 percent for the three months ended June 30, 2016, March 31, 2016 and June 30, 2015, respectively. Yields on debt securities excluding the impact of market-related adjustments are a non-GAAP financial measure. The Corporation believes the use of this non-GAAP financial measure provides additional clarity in assessing its results.


⁽²⁾	Nonperforming loans are included in the respective average loan balances. Income on these nonperforming loans is generally recognized on a cost recovery basis. Purchased credit-impaired loans were recorded at fair value upon acquisition and accrete interest income over the remaining life of the loan.

⁽³⁾

Beginning in the first quarter of 2016, the Corporation classifies operating leases in other assets on the Consolidated Balance Sheet. For the three months ended June 30, 2015, $5.2 billion of operating leases were reclassified from loans and leases to other assets to conform to this presentation. Additionally, amounts related to these leases were reclassified from net interest income to other income and other general operating expenses on the Consolidated Statement of Income.


⁽⁴⁾	The impact of interest rate risk management derivatives on interest income is presented below. Interest income includes the impact of interest rate risk management contracts, which increased (decreased) interest income on:



	Second Quarter 2016				First Quarter 2016				Second Quarter 2015
Federal funds sold and securities borrowed or purchased under agreements to resell		$	5			$	13			$	13
Debt securities		(48		)		(34		)		(3		)
U.S. commercial loans and leases		(13		)		(14		)		(18		)
Net hedge expense on assets		$	(56	)		$	(35	)		$	(8	)

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	10



Bank of America Corporation and Subsidiaries
Quarterly Average Balances and Interest Rates – Fully Taxable-equivalent Basis (continued)
(Dollars in millions)
	Second Quarter 2016						First Quarter 2016						Second Quarter 2015
	Average Balance		Interest Income/ Expense		Yield/ Rate		Average Balance		Interest Income/ Expense		Yield/ Rate		Average Balance		Interest Income/ Expense		Yield/ Rate
Interest-bearing liabilities
U.S. interest-bearing deposits:
Savings	$	50,105	$	1	0.01	%	$	47,845	$	1	0.01	%	$	47,381	$	2	0.02	%
NOW and money market deposit accounts	583,913		72		0.05		577,779		71		0.05		536,201		71		0.05
Consumer CDs and IRAs	48,450		33		0.28		49,617		35		0.28		55,832		42		0.30
Negotiable CDs, public funds and other deposits	32,879		35		0.42		31,739		29		0.37		29,904		22		0.30
Total U.S. interest-bearing deposits	715,347		141		0.08		706,980		136		0.08		669,318		137		0.08
Non-U.S. interest-bearing deposits:
Banks located in non-U.S. countries	4,235		10		0.98		4,123		9		0.84		5,162		9		0.67
Governments and official institutions	1,542		2		0.66		1,472		2		0.53		1,239		1		0.38
Time, savings and other	60,311		92		0.61		56,943		78		0.55		55,030		69		0.51
Total non-U.S. interest-bearing deposits	66,088		104		0.63		62,538		89		0.57		61,431		79		0.52
Total interest-bearing deposits	781,435		245		0.13		769,518		225		0.12		730,749		216		0.12
Federal funds purchased, securities loaned or sold under agreements to repurchase and short-term borrowings	215,852		625		1.17		221,990		614		1.11		252,088		686		1.09
Trading account liabilities	73,773		242		1.32		72,299		292		1.63		77,772		335		1.73
Long-term debt	233,061		1,343		2.31		233,654		1,393		2.39		242,230		1,407		2.33
Total interest-bearing liabilities ⁽¹⁾	1,304,121		2,455		0.76		1,297,461		2,524		0.78		1,302,839		2,644		0.81
Noninterest-bearing sources:
Noninterest-bearing deposits	431,856						428,937						416,040
Other liabilities	186,788						186,903						182,033
Shareholders' equity	265,144						260,317						251,054
Total liabilities and shareholders' equity	$	2,187,909					$	2,173,618					$	2,151,966
Net interest spread					1.80	%					1.81	%					2.14	%
Impact of noninterest-bearing sources					0.23						0.24						0.23
Net interest income/yield on earning assets			$	9,436	2.03	%			$	9,386	2.05	%			$	10,684	2.37	%


⁽¹⁾	The impact of interest rate risk management derivatives on interest expense is presented below. Interest expense includes the impact of interest rate risk management contracts, which increased (decreased) interest expense on:



	Second Quarter 2016				First Quarter 2016				Second Quarter 2015
NOW and money market deposit accounts		$	(1	)		$	—			$	(1	)
Consumer CDs and IRAs		5				6				6
Negotiable CDs, public funds and other deposits		4				3				4
Banks located in non-U.S. countries		3				1				1
Federal funds purchased, securities loaned or sold under agreements to repurchase and short-term borrowings		149				162				247
Long-term debt		(770		)		(737		)		(766		)
Net hedge income on liabilities		$	(610	)		$	(565	)		$	(509	)

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	11



Bank of America Corporation and Subsidiaries
Year-to-Date Average Balances and Interest Rates – Fully Taxable-equivalent Basis
(Dollars in millions)
	Six Months Ended June 30
	2016						2015
	Average Balance		Interest Income/ Expense		Yield/ Rate		Average Balance		Interest Income/ Expense		Yield/ Rate
Earning assets
Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks	$	136,943	$	312	0.46	%	$	125,974	$	165	0.26	%
Time deposits placed and other short-term investments	8,506		67		1.59		8,280		67		1.63
Federal funds sold and securities borrowed or purchased under agreements to resell	216,094		536		0.50		214,130		499		0.47
Trading account assets	131,748		2,321		3.54		138,036		2,236		3.26
Debt securities ⁽¹⁾	409,279		2,602		1.28		384,747		4,980		2.61
Loans and leases ⁽²⁾:
Residential mortgage	186,866		3,255		3.48		211,172		3,633		3.44
Home equity	74,235		1,414		3.82		83,771		1,539		3.69
U.S. credit card	86,934		4,004		9.26		88,074		4,007		9.18
Non-U.S. credit card	9,905		503		10.21		10,007		526		10.60
Direct/Indirect consumer	90,493		1,113		2.47		82,214		995		2.44
Other consumer	2,178		32		3.01		1,866		30		3.22
Total consumer	450,611		10,321		4.60		477,104		10,730		4.52
U.S. commercial	273,576		3,942		2.90		239,751		3,349		2.82
Commercial real estate	57,521		868		3.03		49,362		729		2.98
Commercial lease financing	20,975		329		3.14		19,379		320		3.30
Non-U.S. commercial	93,644		1,149		2.47		86,103		964		2.26
Total commercial	445,716		6,288		2.84		394,595		5,362		2.74
Total loans and leases⁽³⁾	896,327		16,609		3.72		871,699		16,092		3.71
Other earning assets	57,295		1,354		4.75		62,081		1,427		4.63
Total earning assets⁽⁴⁾	1,856,192		23,801		2.57		1,804,947		25,466		2.84
Cash and due from banks	28,384						29,231
Other assets, less allowance for loan and lease losses	296,187						311,129
Total assets	$	2,180,763					$	2,145,307


⁽¹⁾	Yields on debt securities excluding the impact of market-related adjustments were 2.39 percent and 2.51 percent for the six months ended June 30, 2016 and 2015. Yields on debt securities excluding the impact of market-related adjustments are a non-GAAP financial measure. The Corporation believes the use of this non-GAAP financial measure provides additional clarity in assessing its results.


⁽²⁾	Nonperforming loans are included in the respective average loan balances. Income on these nonperforming loans is generally recognized on a cost recovery basis. Purchased credit-impaired loans were recorded at fair value upon acquisition and accrete interest income over the remaining life of the loan.

⁽³⁾

Beginning in the first quarter of 2016, the Corporation classifies operating leases in other assets on the Consolidated Balance Sheet. For the six months ended June 30, 2015, $5.2 million of operating leases were reclassified from loans and leases to other assets to conform to this presentation. Additionally, amounts related to these leases were reclassified from net interest income to other income and other general operating expenses on the Consolidated Statement of Income.


⁽⁴⁾	The impact of interest rate risk management derivatives on interest income is presented below. Interest income includes the impact of interest rate risk management contracts, which increased (decreased) interest income on:



	2016				2015
Federal funds sold and securities borrowed or purchased under agreements to resell		$	18			$	25
Debt securities		(82		)		(11		)
U.S. commercial loans and leases		(27		)		(33		)
Net hedge expense on assets		$	(91	)		$	(19	)

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	12



Bank of America Corporation and Subsidiaries
Year-to-Date Average Balances and Interest Rates – Fully Taxable-equivalent Basis (continued)
(Dollars in millions)
	Six Months Ended June 30
	2016						2015
	Average Balance		Interest Income/ Expense		Yield/ Rate		Average Balance		Interest Income/ Expense		Yield/ Rate
Interest-bearing liabilities
U.S. interest-bearing deposits:
Savings	$	48,975	$	2	0.01	%	$	46,806	$	4	0.02	%
NOW and money market deposit accounts	580,846		143		0.05		534,026		138		0.05
Consumer CDs and IRAs	49,034		68		0.28		57,260		87		0.31
Negotiable CDs, public funds and other deposits	32,308		64		0.40		29,353		44		0.31
Total U.S. interest-bearing deposits	711,163		277		0.08		667,445		273		0.08
Non-U.S. interest-bearing deposits:
Banks located in non-U.S. countries	4,179		19		0.91		4,855		17		0.70
Governments and official institutions	1,507		4		0.60		1,310		2		0.29
Time, savings and other	58,627		170		0.58		54,655		144		0.53
Total non-U.S. interest-bearing deposits	64,313		193		0.60		60,820		163		0.54
Total interest-bearing deposits	775,476		470		0.12		728,265		436		0.12
Federal funds purchased, securities loaned or sold under agreements to repurchase and short-term borrowings	218,921		1,239		1.14		248,133		1,271		1.03
Trading account liabilities	73,036		534		1.47		78,277		729		1.88
Long-term debt	233,358		2,736		2.35		241,184		2,720		2.27
Total interest-bearing liabilities ⁽¹⁾	1,300,791		4,979		0.77		1,295,859		5,156		0.80
Noninterest-bearing sources:
Noninterest-bearing deposits	430,397						410,536
Other liabilities	186,844						190,499
Shareholders' equity	262,731						248,413
Total liabilities and shareholders' equity	$	2,180,763					$	2,145,307
Net interest spread					1.80	%					2.04	%
Impact of noninterest-bearing sources					0.24						0.23
Net interest income/yield on earning assets			$	18,822	2.04	%			$	20,310	2.27	%


⁽¹⁾	The impact of interest rate risk management derivatives on interest expense is presented below. Interest expense includes the impact of interest rate risk management contracts, which increased(decreased) interest expense on:



	2016				2015
NOW and money market deposit accounts		$	(1	)		$	(1	)
Consumer CDs and IRAs		11				12
Negotiable CDs, public funds and other deposits		7				7
Banks located in non-U.S. countries		4				2
Federal funds purchased, securities loaned or sold under agreements to repurchase and short-term borrowings		311				496
Long-term debt		(1,507		)		(1,607		)
Net hedge income on liabilities		$	(1,175	)		$	(1,091	)

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	13



Bank of America Corporation and Subsidiaries
Debt Securities and Available-for-Sale Marketable Equity Securities
(Dollars in millions)
	June 30, 2016
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Available-for-sale debt securities
Mortgage-backed securities:
Agency	$	203,680	$	5,021	$	(13	)	$	208,688
Agency-collateralized mortgage obligations	9,451		314		(5		)	9,760
Commercial	11,083		319		(5		)	11,397
Non-agency residential	1,963		208		(68		)	2,103
Total mortgage-backed securities	226,177		5,862		(91		)	231,948
U.S. Treasury and agency securities	25,792		351		—			26,143
Non-U.S. securities	6,044		21		(7		)	6,058
Other taxable securities, substantially all asset-backed securities	9,800		23		(49		)	9,774
Total taxable securities	267,813		6,257		(147		)	273,923
Tax-exempt securities	15,281		112		(31		)	15,362
Total available-for-sale debt securities	283,094		6,369		(178		)	289,285
Other debt securities carried at fair value	20,527		93		(235		)	20,385
Total debt securities carried at fair value	303,621		6,462		(413		)	309,670
Held-to-maturity debt securities, substantially all U.S. agency mortgage-backed securities	102,279		2,097		(1		)	104,375
Total debt securities	$	405,900	$	8,559	$	(414	)	$	414,045
Available-for-sale marketable equity securities ⁽¹⁾	$	325	$	46	$	(34	)	$	337

	March 31, 2016
Available-for-sale debt securities
Mortgage-backed securities:
Agency	$	204,557	$	3,257	$	(78	)	$	207,736
Agency-collateralized mortgage obligations	10,294		277		(13		)	10,558
Commercial	9,989		245		(1		)	10,233
Non-agency residential	2,104		202		(77		)	2,229
Total mortgage-backed securities	226,944		3,981		(169		)	230,756
U.S. Treasury and agency securities	21,732		484		—			22,216
Non-U.S. securities	6,059		26		(5		)	6,080
Other taxable securities, substantially all asset-backed securities	10,526		53		(99		)	10,480
Total taxable securities	265,261		4,544		(273		)	269,532
Tax-exempt securities	14,551		72		(35		)	14,588
Total available-for-sale debt securities	279,812		4,616		(308		)	284,120
Other debt securities carried at fair value	18,378		87		(252		)	18,213
Total debt securities carried at fair value	298,190		4,703		(560		)	302,333
Held-to-maturity debt securities, substantially all U.S. agency mortgage-backed securities	97,978		1,244		(147		)	99,075
Total debt securities	$	396,168	$	5,947	$	(707	)	$	401,408
Available-for-sale marketable equity securities ⁽¹⁾	$	326	$	56	$	(11	)	$	371


⁽¹⁾	Classified in other assets on the Consolidated Balance Sheet.



Other Debt Securities Carried at Fair Value
(Dollars in millions)	June 30 2016		March 31 2016
Mortgage-backed securities:
Agency-collateralized mortgage obligations	$	7	$	6
Non-agency residential	3,244		3,323
Total mortgage-backed securities	3,251		3,329
Non-U.S. securities ⁽¹⁾	16,885		14,628
Other taxable securities, substantially all asset-backed securities	249		256
Total	$	20,385	$	18,213


⁽¹⁾	These securities are primarily used to satisfy certain international regulatory liquidity requirements.

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	14



Bank of America Corporation and Subsidiaries
Quarterly Results by Business Segment and All Other
(Dollars in millions)
	Second Quarter 2016
	Total Corporation		Consumer Banking		GWIM		Global Banking			Global Markets			All Other
Net interest income (FTE basis)	$	9,436	$	5,276	$	1,434	$	2,421		$	1,093		$	(788	)
Card income	1,464		1,216		22		134			37			55
Service charges	1,871		1,011		17		759			79			5
Investment and brokerage services	3,201		67		2,598		14			525			(3		)
Investment banking income (loss)	1,408		—		51		799			603			(45		)
Trading account profits	2,018		—		25		26			1,872			95
Mortgage banking income	312		267		—		—			1			44
Gains on sales of debt securities	267		—		—		—			—			267
Other income (loss)	644		27		309		537			103			(332		)
Total noninterest income	11,185		2,588		3,022		2,269			3,220			86
Total revenue, net of interest expense (FTE basis)	20,621		7,864		4,456		4,690			4,313			(702		)
Provision for credit losses	976		726		14		203			(5		)	38
Noninterest expense	13,493		4,416		3,288		2,126			2,582			1,081
Income (loss) before income taxes (FTE basis)	6,152		2,722		1,154		2,361			1,736			(1,821		)
Income tax expense (benefit) (FTE basis)	1,920		1,004		432		870			620			(1,006		)
Net income (loss)	$	4,232	$	1,718	$	722	$	1,491		$	1,116		$	(815	)

Average
Total loans and leases	$	899,670	$	242,921	$	141,181	$	330,273		$	69,620		$	115,675
Total assets ⁽¹⁾	2,187,909		665,102		289,646		391,839			580,701			260,621
Total deposits	1,213,291		596,474		254,804		298,805			34,518			28,690
Period end
Total loans and leases	$	903,153	$	247,122	$	142,633	$	330,709		$	70,766		$	111,923
Total assets ⁽¹⁾	2,186,609		668,470		286,846		393,380			577,428			260,485
Total deposits	1,216,091		599,457		250,976		304,577			33,506			27,575

	First Quarter 2016
	Total Corporation		Consumer Banking		GWIM		Global Banking			Global Markets			All Other
Net interest income (FTE basis)	$	9,386	$	5,272	$	1,488	$	2,481		$	1,180		$	(1,035	)
Card income	1,430		1,211		48		117			10			44
Service charges	1,837		997		19		745			72			4
Investment and brokerage services	3,182		69		2,536		16			568			(7		)
Investment banking income (loss)	1,153		1		73		636			494			(51		)
Trading account profits (losses)	1,662		—		36		(2		)	1,595			33
Mortgage banking income	433		190		1		—			—			242
Gains on sales of debt securities	226		—		—		—			—			226
Other income (loss)	418		61		243		397			28			(311		)
Total noninterest income	10,341		2,529		2,956		1,909			2,767			180
Total revenue, net of interest expense (FTE basis)	19,727		7,801		4,444		4,390			3,947			(855		)
Provision for credit losses	997		531		25		553			9			(121		)
Noninterest expense	14,816		4,538		3,275		2,171			2,450			2,382
Income (loss) before income taxes (FTE basis)	3,914		2,732		1,144		1,666			1,488			(3,116		)
Income tax expense (benefit) (FTE basis)	1,234		1,003		420		612			518			(1,319		)
Net income (loss)	$	2,680	$	1,729	$	724	$	1,054		$	970		$	(1,797	)

Average
Total loans and leases	$	892,984	$	237,908	$	139,099	$	324,531		$	69,283		$	122,163
Total assets ⁽¹⁾	2,173,618		646,523		295,711		387,640			581,226			262,518
Total deposits	1,198,455		578,196		260,482		297,134			35,886			26,757
Period end
Total loans and leases	$	901,113	$	240,591	$	139,690	$	329,485		$	73,446		$	117,901
Total assets ⁽¹⁾	2,185,498		666,298		296,200		390,586			581,150			251,264
Total deposits	1,217,261		597,800		260,565		298,072			34,403			26,421


⁽¹⁾	Total assets include asset allocations to match liabilities (i.e., deposits).

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	15



Bank of America Corporation and Subsidiaries
Quarterly Results by Business Segment and All Other (continued)
(Dollars in millions)
	Second Quarter 2015
	Total Corporation		Consumer Banking		GWIM			Global Banking		Global Markets			All Other
Net interest income (FTE basis)	$	10,684	$	5,043	$	1,352		$	2,170	$	988		$	1,131
Card income	1,477		1,207		41			128		36			65
Service charges	1,857		1,033		19			728		73			4
Investment and brokerage services	3,387		68		2,749			14		556			—
Investment banking income (loss)	1,526		—		84			777		718			(53		)
Trading account profits (losses)	1,647		—		53			20		1,703			(129		)
Mortgage banking income	1,001		359		3			—		—			639
Gains (losses) on sales of debt securities	168		—		(1		)	—		7			162
Other income (loss)	432		47		267			399		(131		)	(150		)
Total noninterest income	11,495		2,714		3,215			2,066		2,962			538
Total revenue, net of interest expense (FTE basis)	22,179		7,757		4,567			4,236		3,950			1,669
Provision for credit losses	780		470		15			177		6			112
Noninterest expense	13,958		4,637		3,485			2,086		2,748			1,002
Income before income taxes (FTE basis)	7,441		2,650		1,067			1,973		1,196			555
Income tax expense (benefit) (FTE basis)	2,307		988		398			737		410			(226		)
Net income	$	5,134	$	1,662	$	669		$	1,236	$	786		$	781

Average
Total loans and leases	$	876,178	$	230,704	$	131,364		$	295,405	$	61,819		$	156,886
Total assets ⁽¹⁾	2,151,966		620,355		268,908			361,867		599,985			300,851
Total deposits	1,146,789		552,973		239,974			288,117		39,051			26,674
Period end
Total loans and leases	$	881,196	$	232,271	$	133,499		$	301,558	$	65,962		$	147,906
Total assets ⁽¹⁾	2,149,034		621,883		267,099			367,052		578,052			314,948
Total deposits	1,149,560		554,204		237,624			292,261		38,751			26,720


⁽¹⁾	Total assets include asset allocations to match liabilities (i.e., deposits).

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	16



Bank of America Corporation and Subsidiaries
Year-to-Date Results by Business Segment and All Other
(Dollars in millions)
	Six Months Ended June 30, 2016
	Total Corporation		Consumer Banking		GWIM		Global Banking		Global Markets			All Other
Net interest income (FTE basis)	$	18,822	$	10,548	$	2,922	$	4,902	$	2,273		$	(1,823	)
Card income	2,894		2,427		70		251		47			99
Service charges	3,708		2,008		36		1,504		151			9
Investment and brokerage services	6,383		136		5,134		30		1,093			(10		)
Investment banking income (loss)	2,561		1		124		1,435		1,097			(96		)
Trading account profits	3,680		—		61		24		3,467			128
Mortgage banking income	745		457		1		—		1			286
Gains on sales of debt securities	493		—		—		—		—			493
Other income (loss)	1,062		88		552		934		131			(643		)
Total noninterest income	21,526		5,117		5,978		4,178		5,987			266
Total revenue, net of interest expense (FTE basis)	40,348		15,665		8,900		9,080		8,260			(1,557		)
Provision for credit losses	1,973		1,257		39		756		4			(83		)
Noninterest expense	28,309		8,954		6,563		4,297		5,032			3,463
Income (loss) before income taxes (FTE basis)	10,066		5,454		2,298		4,027		3,224			(4,937		)
Income tax expense (benefit) (FTE basis)	3,154		2,007		852		1,482		1,138			(2,325		)
Net income (loss)	$	6,912	$	3,447	$	1,446	$	2,545	$	2,086		$	(2,612	)

Average
Total loans and leases	$	896,327	$	240,414	$	140,140	$	327,402	$	69,452		$	118,919
Total assets ⁽¹⁾	2,180,763		655,812		292,679		389,740		580,963			261,569
Total deposits	1,205,873		587,335		257,643		297,969		35,202			27,724
Period end
Total loans and leases	$	903,153	$	247,122	$	142,633	$	330,709	$	70,766		$	111,923
Total assets ⁽¹⁾	2,186,609		668,470		286,846		393,380		577,428			260,485
Total deposits	1,216,091		599,457		250,976		304,577		33,506			27,575

	Six Months Ended June 30, 2015
	Total Corporation		Consumer Banking		GWIM		Global Banking		Global Markets			All Other
Net interest income (FTE basis)	$	20,310	$	10,046	$	2,695	$	4,371	$	1,961		$	1,237
Card income	2,871		2,375		90		228		46			132
Service charges	3,621		1,999		37		1,438		138			9
Investment and brokerage services	6,765		133		5,472		32		1,129			(1		)
Investment banking income (loss)	3,013		1		156		1,629		1,348			(121		)
Trading account profits (losses)	3,894		—		108		82		3,841			(137		)
Mortgage banking income	1,695		827		5		—		—			863
Gains on sales of debt securities	436		1		—		—		10			425
Other income (loss)	703		90		514		842		(332		)	(411		)
Total noninterest income	22,998		5,426		6,382		4,251		6,180			759
Total revenue, net of interest expense (FTE basis)	43,308		15,472		9,077		8,622		8,141			1,996
Provision for credit losses	1,545		1,139		38		273		27			68
Noninterest expense	29,785		9,369		6,974		4,235		5,909			3,298
Income (loss) before income taxes (FTE basis)	11,978		4,964		2,065		4,114		2,205			(1,370		)
Income tax expense (benefit) (FTE basis)	3,747		1,846		768		1,531		755			(1,153		)
Net income (loss)	$	8,231	$	3,118	$	1,297	$	2,583	$	1,450		$	(217	)

Average
Total loans and leases	$	871,699	$	230,533	$	129,275	$	289,876	$	59,224		$	162,791
Total assets ⁽¹⁾	2,145,307		613,121		272,036		361,819		597,801			300,530
Total deposits	1,138,801		545,770		241,758		287,280		39,169			24,824
Period end
Total loans and leases	$	881,196	$	232,271	$	133,499	$	301,558	$	65,962		$	147,906
Total assets ⁽¹⁾	2,149,034		621,883		267,099		367,052		578,052			314,948
Total deposits	1,149,560		554,204		237,624		292,261		38,751			26,720


⁽¹⁾	Total assets include asset allocations to match liabilities (i.e., deposits).

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	17



Bank of America Corporation and Subsidiaries
Consumer Banking Segment Results
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
	2016			2015			Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
Net interest income (FTE basis)	$	10,548		$	10,046		$	5,276		$	5,272		$	5,163		$	5,122		$	5,043
Noninterest income:
Card income	2,427			2,375			1,216			1,211			1,313			1,249			1,207
Service charges	2,008			1,999			1,011			997			1,045			1,057			1,033
Mortgage banking income	457			827			267			190			216			290			359
All other income	225			225			94			131			208			293			115
Total noninterest income	5,117			5,426			2,588			2,529			2,782			2,889			2,714
Total revenue, net of interest expense (FTE basis)	15,665			15,472			7,864			7,801			7,945			8,011			7,757

Provision for credit losses	1,257			1,139			726			531			684			523			470

Noninterest expense	8,954			9,369			4,416			4,538			4,638			4,711			4,637
Income before income taxes (FTE basis)	5,454			4,964			2,722			2,732			2,623			2,777			2,650
Income tax expense (FTE basis)	2,007			1,846			1,004			1,003			929			1,001			988
Net income	$	3,447		$	3,118		$	1,718		$	1,729		$	1,694		$	1,776		$	1,662

Net interest yield (FTE basis)	3.44		%	3.54		%	3.39		%	3.49		%	3.46		%	3.48		%	3.49		%
Return on average allocated capital ⁽¹⁾	20			19			20			20			20			21			20
Efficiency ratio (FTE basis)	57.16			60.55			56.14			58.18			58.37			58.80			59.78

Balance Sheet
Average
Total loans and leases	$	240,414		$	230,533		$	242,921		$	237,908		$	235,498		$	233,103		$	230,704
Total earning assets⁽²⁾	617,062			572,712			626,811			607,313			591,348			583,376			579,920
Total assets ⁽²⁾	655,812			613,121			665,102			646,523			630,973			623,324			620,355
Total deposits	587,335			545,770			596,474			578,196			563,745			555,987			552,973
Allocated capital ⁽¹⁾	34,000			33,000			34,000			34,000			33,000			33,000			33,000

Period end
Total loans and leases	$	247,122		$	232,271		$	247,122		$	240,591		$	238,851		$	234,995		$	232,271
Total earning assets⁽²⁾	630,143			581,846			630,143			626,941			605,012			584,995			581,846
Total assets ⁽²⁾	668,470			621,883			668,470			666,298			645,427			625,158			621,883
Total deposits	599,457			554,204			599,457			597,800			577,832			557,626			554,204


⁽¹⁾	Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Other companies may define or calculate these measures differently.


⁽²⁾	Total earning assets and total assets include asset allocations to match liabilities (i.e., deposits) and allocated shareholders' equity.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	18



Bank of America Corporation and Subsidiaries
Consumer Banking Year-to-Date Results
(Dollars in millions)
	Six Months Ended June 30, 2016
	Total Consumer Banking			Deposits			Consumer Lending
Net interest income (FTE basis)	$	10,548		$	5,322		$	5,226
Noninterest income:
Card income	2,427			5			2,422
Service charges	2,008			2,008			—
Mortgage banking income	457			—			457
All other income	225			214			11
Total noninterest income	5,117			2,227			2,890
Total revenue, net of interest expense (FTE basis)	15,665			7,549			8,116

Provision for credit losses	1,257			89			1,168

Noninterest expense	8,954			4,832			4,122
Income before income taxes (FTE basis)	5,454			2,628			2,826
Income tax expense (FTE basis)	2,007			967			1,040
Net income	$	3,447		$	1,661		$	1,786

Net interest yield (FTE basis)	3.44		%	1.83		%	4.43		%
Return on average allocated capital ⁽¹⁾	20			28			16
Efficiency ratio (FTE basis)	57.16			64.00			50.79

Balance Sheet
Average
Total loans and leases	$	240,414		$	4,761		$	235,653
Total earning assets ⁽²⁾	617,062			585,692			237,003
Total assets ⁽²⁾	655,812			612,437			249,008
Total deposits	587,335			580,378			6,957
Allocated capital ⁽¹⁾	34,000			12,000			22,000

Period end
Total loans and leases	$	247,122		$	4,845		$	242,277
Total earning assets ⁽²⁾	630,143			597,993			244,699
Total assets ⁽²⁾	668,470			624,658			256,361
Total deposits	599,457			592,442			7,015

	Six Months Ended June 30, 2015
	Total Consumer Banking			Deposits			Consumer Lending
Net interest income (FTE basis)	$	10,046		$	4,637		$	5,409
Noninterest income:
Card income	2,375			6			2,369
Service charges	1,999			1,998			1
Mortgage banking income	827			—			827
All other income	225			223			2
Total noninterest income	5,426			2,227			3,199
Total revenue, net of interest expense (FTE basis)	15,472			6,864			8,608

Provision for credit losses	1,139			87			1,052

Noninterest expense	9,369			4,854			4,515
Income before income taxes (FTE basis)	4,964			1,923			3,041
Income tax expense (FTE basis)	1,846			714			1,132
Net income	$	3,118		$	1,209		$	1,909

Net interest yield (FTE basis)	3.54		%	1.72		%	4.79		%
Return on average allocated capital ⁽¹⁾	19			20			18
Efficiency ratio (FTE basis)	60.55			70.71			52.45

Balance Sheet
Average
Total loans and leases	$	230,533		$	4,770		$	225,763
Total earning assets ⁽²⁾	572,712			542,238			227,744
Total assets ⁽²⁾	613,121			569,225			241,166
Total deposits	545,770			537,354			8,416
Allocated capital ⁽¹⁾	33,000			12,000			21,000

Period end
Total loans and leases	$	232,271		$	4,712		$	227,559
Total earning assets ⁽²⁾	581,846			551,507			229,860
Total assets ⁽²⁾	621,883			578,048			243,356
Total deposits	554,204			546,173			8,031

For footnotes see page 21.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	19



Bank of America Corporation and Subsidiaries
Consumer Banking Quarterly Results
(Dollars in millions)
	Second Quarter 2016
	Total Consumer Banking			Deposits			Consumer Lending
Net interest income (FTE basis)	$	5,276		$	2,677		$	2,599
Noninterest income:
Card income	1,216			2			1,214
Service charges	1,011			1,011			—
Mortgage banking income	267			—			267
All other income	94			99			(5		)
Total noninterest income	2,588			1,112			1,476
Total revenue, net of interest expense (FTE basis)	7,864			3,789			4,075

Provision for credit losses	726			41			685

Noninterest expense	4,416			2,378			2,038
Income before income taxes (FTE basis)	2,722			1,370			1,352
Income tax expense (FTE basis)	1,004			505			499
Net income	$	1,718		$	865		$	853

Net interest yield (FTE basis)	3.39		%	1.81		%	4.36		%
Return on average allocated capital ⁽¹⁾	20			29			16
Efficiency ratio (FTE basis)	56.14			62.72			50.02

Balance Sheet
Average
Total loans and leases	$	242,921		$	4,792		$	238,129
Total earning assets ⁽²⁾	626,811			594,748			239,645
Total assets ⁽²⁾	665,102			621,445			251,239
Total deposits	596,474			589,295			7,179
Allocated capital ⁽¹⁾	34,000			12,000			22,000

Period end
Total loans and leases	$	247,122		$	4,845		$	242,277
Total earning assets ⁽²⁾	630,143			597,993			244,699
Total assets ⁽²⁾	668,470			624,658			256,361
Total deposits	599,457			592,442			7,015

	First Quarter 2016
	Total Consumer Banking			Deposits			Consumer Lending
Net interest income (FTE basis)	$	5,272		$	2,645		$	2,627
Noninterest income:
Card income	1,211			3			1,208
Service charges	997			997			—
Mortgage banking income	190			—			190
All other income	131			115			16
Total noninterest income	2,529			1,115			1,414
Total revenue, net of interest expense (FTE basis)	7,801			3,760			4,041

Provision for credit losses	531			48			483

Noninterest expense	4,538			2,454			2,084
Income before income taxes (FTE basis)	2,732			1,258			1,474
Income tax expense (FTE basis)	1,003			462			541
Net income	$	1,729		$	796		$	933

Net interest yield (FTE basis)	3.49		%	1.85		%	4.51		%
Return on average allocated capital ⁽¹⁾	20			27			17
Efficiency ratio (FTE basis)	58.18			65.30			51.56

Balance Sheet
Average
Total loans and leases	$	237,908		$	4,732		$	233,176
Total earning assets ⁽²⁾	607,313			576,633			234,362
Total assets ⁽²⁾	646,523			603,429			246,776
Total deposits	578,196			571,461			6,735
Allocated capital ⁽¹⁾	34,000			12,000			22,000

Period end
Total loans and leases	$	240,591		$	4,737		$	235,854
Total earning assets ⁽²⁾	626,941			596,058			236,962
Total assets ⁽²⁾	666,298			622,783			249,594
Total deposits	597,800			590,829			6,971

For footnotes see page 21.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	20



Bank of America Corporation and Subsidiaries
Consumer Banking Quarterly Results (continued)
(Dollars in millions)
	Second Quarter 2015
	Total Consumer Banking			Deposits			Consumer Lending
Net interest income (FTE basis)	$	5,043		$	2,366		$	2,677
Noninterest income:
Card income	1,207			3			1,204
Service charges	1,033			1,033			—
Mortgage banking income	359			—			359
All other income	115			119			(4		)
Total noninterest income	2,714			1,155			1,559
Total revenue, net of interest expense (FTE basis)	7,757			3,521			4,236

Provision for credit losses	470			24			446

Noninterest expense	4,637			2,382			2,255
Income before income taxes (FTE basis)	2,650			1,115			1,535
Income tax expense (FTE basis)	988			415			573
Net income	$	1,662		$	700		$	962

Net interest yield (FTE basis)	3.49		%	1.73		%	4.71		%
Return on average allocated capital ⁽¹⁾	20			23			18
Efficiency ratio (FTE basis)	59.78			67.65			53.25

Balance Sheet
Average
Total loans and leases	$	230,704		$	4,694		$	226,010
Total earning assets ⁽²⁾	579,920			549,060			228,124
Total assets ⁽²⁾	620,355			576,247			241,372
Total deposits	552,973			544,341			8,632
Allocated capital ⁽¹⁾	33,000			12,000			21,000

Period end
Total loans and leases	$	232,271		$	4,712		$	227,559
Total earning assets ⁽²⁾	581,846			551,507			229,860
Total assets ⁽²⁾	621,883			578,048			243,356
Total deposits	554,204			546,173			8,031


⁽¹⁾	Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Other companies may define or calculate these measures differently.


⁽²⁾	For presentation purposes, in segments or businesses where the total of liabilities and equity exceeds assets, the Corporation allocates assets from All Other to match the segments' and businesses' liabilities and allocated shareholders' equity. As a result, total earning assets and total assets of the businesses may not equal total Consumer Banking.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	21



Bank of America Corporation and Subsidiaries
Consumer Banking Key Indicators
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
	2016			2015			Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
Average deposit balances
Checking	$	287,787		$	261,972		$	293,427		$	282,146		$	273,900		$	268,559		$	266,524
Savings	47,347			45,140			48,472			46,221			44,518			44,721			45,748
MMS	204,474			183,433			207,333			201,616			195,756			191,358			186,750
CDs and IRAs	44,914			52,492			44,378			45,451			46,791			48,644			51,178
Non-U.S. and other	2,813			2,733			2,864			2,762			2,780			2,705			2,773
Total average deposit balances	$	587,335		$	545,770		$	596,474		$	578,196		$	563,745		$	555,987		$	552,973

Deposit spreads (excludes noninterest costs)
Checking	1.98		%	1.99		%	1.97		%	1.98		%	1.98		%	1.99		%	1.99		%
Savings	2.27			2.30			2.26			2.28			2.29			2.29			2.29
MMS	1.24			1.22			1.24			1.24			1.24			1.23			1.22
CDs and IRAs	0.86			0.56			0.92			0.81			0.69			0.62			0.58
Non-U.S. and other	0.74			0.43			0.80			0.67			0.54			0.48			0.44
Total deposit spreads	1.65			1.61			1.66			1.65			1.63			1.62			1.61

Client brokerage assets	$	131,698		$	121,961		$	131,698		$	126,921		$	122,721		$	117,210		$	121,961

Online banking active accounts (units in thousands)	33,022			31,365			33,022			32,647			31,674			31,627			31,365
Mobile banking active users (units in thousands)	20,227			17,626			20,227			19,595			18,705			18,398			17,626
Financial centers	4,681			4,789			4,681			4,689			4,726			4,741			4,789
ATMs	15,998			15,992			15,998			16,003			16,038			16,062			15,992

Total U.S. credit card ⁽¹⁾
Loans
Average credit card outstandings	$	86,934		$	88,074		$	86,705		$	87,163		$	88,623		$	88,201		$	87,460
Ending credit card outstandings	88,103			88,403			88,103			86,403			89,602			88,339			88,403
Credit quality
Net charge-offs	$	1,160		$	1,205		$	573		$	587		$	563		$	546		$	584
	2.68		%	2.76		%	2.66		%	2.71		%	2.52		%	2.46		%	2.68		%
30+ delinquency	$	1,388		$	1,486		$	1,388		$	1,448		$	1,575		$	1,514		$	1,486
	1.58		%	1.68		%	1.58		%	1.68		%	1.76		%	1.71		%	1.68		%
90+ delinquency	$	693		$	742		$	693		$	743		$	789		$	721		$	742
	0.79		%	0.84		%	0.79		%	0.86		%	0.88		%	0.82		%	0.84		%
Other Total U.S. credit card indicators ⁽¹⁾
Gross interest yield	9.26		%	9.18		%	9.20		%	9.32		%	9.15		%	9.15		%	9.08		%
Risk-adjusted margin	8.92			8.95			8.79			9.05			9.79			9.51			8.89
New accounts (in thousands)	2,521			2,456			1,313			1,208			1,260			1,257			1,295
Purchase volumes	$	107,821		$	106,154		$	56,667		$	51,154		$	58,752		$	56,472		$	55,976

Debit card data
Purchase volumes	$	141,267		$	137,653		$	72,120		$	69,147		$	70,755		$	69,288		$	70,754

For footnotes see page 23.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	22



Bank of America Corporation and Subsidiaries
Consumer Banking Key Indicators (continued)
(Dollars in millions)
	Six Months Ended June 30								Second Quarter 2016				First Quarter 2016				Fourth Quarter 2015				Third Quarter 2015				Second Quarter 2015
	2016				2015				Second Quarter 2016				First Quarter 2016				Fourth Quarter 2015				Third Quarter 2015				Second Quarter 2015
Loan production ⁽²⁾:
Total ⁽³⁾:
First mortgage	$	28,937			$	29,675			$	16,314			$	12,623			$	13,543			$	13,712			$	15,962
Home equity	8,108				6,426				4,303				3,805				3,494				3,140				3,209
Consumer Banking:
First mortgage	$	20,619			$	21,120			$	11,541			$	9,078			$	9,733			$	10,026			$	11,265
Home equity	7,396				5,957				3,881				3,515				3,192				2,840				2,939

Mortgage servicing rights at fair value rollforward:
Balance, beginning of period	$	2,680			$	3,271			$	2,152			$	2,680			$	2,699			$	3,201			$	3,107
Net additions	82				(69		)		25				57				49				53				(174		)
Amortization of expected cash flows ⁽⁴⁾	(336		)		(385		)		(165		)		(171		)		(174		)		(179		)		(187		)
Other changes in mortgage servicing rights fair value ⁽⁵⁾	(637		)		384				(223		)		(414		)		106				(376		)		455
Balance, end of period ⁽⁶⁾	$	1,789			$	3,201			$	1,789			$	2,152			$	2,680			$	2,699			$	3,201

Capitalized mortgage servicing rights (% of loans serviced for investors)	51			bps	78			bps	51			bps	58			bps	71			bps	69			bps	78			bps
Mortgage loans serviced for investors (in billions)	$	353			$	408			$	353			$	368			$	378			$	391			$	408

Total Mortgage banking income
Consumer Banking mortgage banking income
Total production income	$	320			$	578			$	182			$	138			$	150			$	223			$	272
Net Servicing Income
Servicing fees	363				450				179				184				201				204				208
Amortization of expected cash flows ⁽⁴⁾	(300		)		(347		)		(146		)		(154		)		(155		)		(159		)		(168		)
Fair value changes of MSRs, net of risk management activities used to hedge certain market risks⁽⁷⁾	74				146				52				22				20				22				47
Total net servicing income	137				249				85				52				66				67				87
Total Consumer Banking mortgage banking income	457				827				267				190				216				290				359
Other mortgage banking income⁽⁸⁾
Other production income	108				24				14				94				48				34				25
Representations and warranties provision	(66		)		114				(22		)		(44		)		(9		)		(77		)		204
Net Servicing Income
Servicing fees	237				306				119				118				123				109				152
Amortization of expected cash flows ⁽⁴⁾	(37		)		(38		)		(19		)		(18		)		(19		)		(20		)		(19		)
Fair value changes of MSRs, net of risk management activities used to hedge certain market risks ⁽⁷⁾	115				297				10				105				(31		)		62				146
Total net servicing income	315				565				110				205				73				151				279
Eliminations ⁽⁹⁾	(69		)		165				(57		)		(12		)		(66		)		9				134
Total other mortgage banking income	288				868				45				243				46				117				642
Total consolidated mortgage banking income	$	745			$	1,695			$	312			$	433			$	262			$	407			$	1,001


⁽¹⁾	In addition to the U.S. credit card portfolio in Consumer Banking, the remaining U.S. credit card portfolio is in GWIM.


⁽²⁾	The above loan production amounts represent the unpaid principal balance of loans and in the case of home equity, the principal amount of the total line of credit.


⁽³⁾	In addition to loan production in Consumer Banking, there is also first mortgage and home equity loan production in GWIM.


⁽⁴⁾	Represents the net change in fair value of the mortgage servicing rights asset due to the recognition of modeled cash flows.

⁽⁵⁾

These amounts reflect the changes in modeled mortgage servicing rights fair value primarily due to observed changes in interest rates, volatility, spreads and the shape of the forward swap curve and periodic adjustments to valuation based on third-party price discovery. In addition, these amounts reflect periodic adjustments to the valuation model to reflect changes in the modeled relationship between inputs and their impact on projected cash flows, changes in certain cash flow assumptions such as cost to service and ancillary income per loan and the impact of periodic recalibrations of the model to reflect changes in the relationship between market interest rate spreads and projected cash flows.


⁽⁶⁾	Does not include certain non-U.S. residential mortgage MSR balances, which are recorded in Global Markets.


⁽⁷⁾	Includes gains (losses) on sales of MSRs.


⁽⁸⁾	Amounts for other mortgage banking income are included in this Consumer Banking table to show the components of consolidated mortgage banking income.


⁽⁹⁾	Includes the effect of transfers of mortgage loans from Consumer Banking to the ALM portfolio included in All Other, and net gains or losses on intercompany trades related to mortgage servicing rights risk management.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	23



Bank of America Corporation and Subsidiaries
Global Wealth & Investment Management Segment Results
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
	2016			2015			Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
Net interest income (FTE basis)	$	2,922		$	2,695		$	1,434		$	1,488		$	1,417		$	1,374		$	1,352
Noninterest income:
Investment and brokerage services	5,134			5,472			2,598			2,536			2,638			2,682			2,749
All other income	844			910			424			420			394			410			466
Total noninterest income	5,978			6,382			3,022			2,956			3,032			3,092			3,215
Total revenue, net of interest expense (FTE basis)	8,900			9,077			4,456			4,444			4,449			4,466			4,567

Provision for credit losses	39			38			14			25			15			(2		)	15

Noninterest expense	6,563			6,974			3,288			3,275			3,497			3,467			3,485
Income before income taxes (FTE basis)	2,298			2,065			1,154			1,144			937			1,001			1,067
Income tax expense (FTE basis)	852			768			432			420			332			359			398
Net income	$	1,446		$	1,297		$	722		$	724		$	605		$	642		$	669

Net interest yield (FTE basis)	2.12		%	2.13		%	2.11		%	2.14		%	2.09		%	2.12		%	2.16		%
Return on average allocated capital ⁽¹⁾	22			22			22			22			20			21			22
Efficiency ratio (FTE basis)	73.74			76.83			73.78			73.71			78.62			77.64			76.31

Balance Sheet
Average
Total loans and leases	$	140,140		$	129,275		$	141,181		$	139,099		$	137,022		$	134,319		$	131,364
Total earning assets ⁽²⁾	276,740			254,631			273,874			279,606			269,250			257,424			251,601
Total assets ⁽²⁾	292,679			272,036			289,646			295,711			285,329			274,272			268,908
Total deposits	257,643			241,758			254,804			260,482			251,306			243,980			239,974
Allocated capital ⁽¹⁾	13,000			12,000			13,000			13,000			12,000			12,000			12,000

Period end
Total loans and leases	$	142,633		$	133,499		$	142,633		$	139,690		$	139,039		$	135,805		$	133,499
Total earning assets ⁽²⁾	270,974			250,798			270,974			280,118			279,597			262,952			250,798
Total assets ⁽²⁾	286,846			267,099			286,846			296,200			296,271			279,237			267,099
Total deposits	250,976			237,624			250,976			260,565			260,893			246,172			237,624


⁽¹⁾	Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Other companies may define or calculate these measures differently.


⁽²⁾	Total earning assets and total assets include asset allocations to match liabilities (i.e., deposits) and allocated shareholders' equity.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	24



Bank of America Corporation and Subsidiaries
Global Wealth & Investment Management Key Indicators
(Dollars in millions, except as noted)
	Six Months Ended June 30						Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015		Third Quarter 2015			Second Quarter 2015
	2016			2015			Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015		Third Quarter 2015			Second Quarter 2015
Revenue by Business
Merrill Lynch Global Wealth Management	$	7,273		$	7,531		$	3,626		$	3,647		$	3,669	$	3,693		$	3,788
U.S. Trust	1,541			1,511			769			772			757		755			762
Other ⁽¹⁾	86			35			61			25			23		18			17
Total revenue, net of interest expense (FTE basis)	$	8,900		$	9,077		$	4,456		$	4,444		$	4,449	$	4,466		$	4,567

Client Balances by Business, at period end
Merrill Lynch Global Wealth Management	$	2,026,392		$	2,052,636		$	2,026,392		$	1,998,145		$	1,986,502	$	1,943,798		$	2,052,636
U.S. Trust	393,089			388,829			393,089			390,262			388,604		375,751			388,829
Other ⁽¹⁾	—			81,318			—			77,751			82,929		78,110			81,318
Total client balances	$	2,419,481		$	2,522,783		$	2,419,481		$	2,466,158		$	2,458,035	$	2,397,659		$	2,522,783

Client Balances by Type, at period end
Long-term assets under management ⁽²⁾	$	832,394		$	849,046		$	832,394		$	812,916		$	817,938	$	798,887		$	849,046
Liquidity assets under management ⁽³⁾	—			81,314			—			77,747			82,925		78,106			81,314
Assets under management	832,394			930,360			832,394			890,663			900,863		876,993			930,360
Brokerage assets	1,070,014			1,079,084			1,070,014			1,056,752			1,040,938		1,026,355			1,079,084
Assets in custody	120,505			138,774			120,505			115,537			113,239		109,196			138,774
Deposits	250,976			237,624			250,976			260,565			260,893		246,172			237,624
Loans and leases ⁽⁴⁾	145,592			136,941			145,592			142,641			142,102		138,943			136,941
Total client balances	$	2,419,481		$	2,522,783		$	2,419,481		$	2,466,158		$	2,458,035	$	2,397,659		$	2,522,783

Assets Under Management Rollforward
Assets under management, beginning balance	$	900,863		$	902,872		$	890,663		$	900,863		$	876,993	$	930,360		$	917,257
Net long-term client flows	9,456			23,247			10,055			(599		)	6,746		4,448			8,593
Net liquidity client flows	(7,990		)	4,530			(4,170		)	(3,820		)	4,813		(3,210		)	6,023
Market valuation/other	(69,935		)	(289		)	(64,154		)	(5,781		)	12,311		(54,605		)	(1,513		)
Total assets under management, ending balance	$	832,394		$	930,360		$	832,394		$	890,663		$	900,863	$	876,993		$	930,360

Associates, at period end ^{(5, 6)}
Number of financial advisors	16,664			16,313			16,664			16,671			16,687		16,522			16,313
Total wealth advisors, including financial advisors	18,159			17,734			18,159			18,111			18,131		17,967			17,734
Total client-facing professionals, including financial advisors and wealth advisors	20,562			20,231			20,562			20,573			20,605		20,446			20,231

Merrill Lynch Global Wealth Management Metric ⁽⁶⁾
Financial advisor productivity ⁽⁷⁾ (in thousands)	$	984		$	1,046		$	984		$	984		$	996	$	1,007		$	1,050

U.S. Trust Metric, at period end ⁽⁶⁾
Client-facing professionals	2,229			2,168			2,229			2,188			2,186		2,182			2,168


⁽¹⁾	Includes the results of BofA Global Capital Management, the cash management division of Bank of America, and certain administrative items. BofA Global Capital Management's assets under management were sold during the three months ended June 30, 2016.


⁽²⁾	Defined as assets under advisory and discretion of GWIM in which the duration of the investment strategy is longer than one year.


⁽³⁾	Defined as assets under advisory and discretion of GWIM in which the investment strategy seeks current income, while maintaining liquidity and capital preservation. The duration of these strategies is primarily less than one year.


⁽⁴⁾	Includes margin receivables which are classified in customer and other receivables on the Consolidated Balance Sheet.


⁽⁵⁾	Includes financial advisors in the Consumer Banking segment of 2,248, 2,259, 2,187, 2,050 and 2,048 at June 30, 2016, March 31, 2016, December 31, 2015, September 30, 2015 and June 30, 2015, respectively.


⁽⁶⁾	Headcount computation is based upon full-time equivalents.


⁽⁷⁾	Financial advisor productivity is defined as annualized Merrill Lynch Global Wealth Management revenue, excluding the allocation of certain ALM activities, divided by the total number of financial advisors (excluding financial advisors in the Consumer Banking segment).

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	25



Bank of America Corporation and Subsidiaries
Global Banking Segment Results
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
	2016			2015			Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
Net interest income (FTE basis)	$	4,902		$	4,371		$	2,421		$	2,481		$	2,385		$	2,294		$	2,170
Noninterest income:
Service charges	1,504			1,438			759			745			730			746			728
Investment banking fees	1,435			1,629			799			636			729			752			777
All other income	1,239			1,184			711			528			646			523			561
Total noninterest income	4,178			4,251			2,269			1,909			2,105			2,021			2,066
Total revenue, net of interest expense (FTE basis)	9,080			8,622			4,690			4,390			4,490			4,315			4,236

Provision for credit losses	756			273			203			553			233			179			177

Noninterest expense	4,297			4,235			2,126			2,171			2,086			2,161			2,086
Income before income taxes (FTE basis)	4,027			4,114			2,361			1,666			2,171			1,975			1,973
Income tax expense (FTE basis)	1,482			1,531			870			612			800			709			737
Net income	$	2,545		$	2,583		$	1,491		$	1,054		$	1,371		$	1,266		$	1,236

Net interest yield (FTE basis)	2.90		%	2.83		%	2.84		%	2.96		%	2.85		%	2.84		%	2.79		%
Return on average allocated capital ⁽¹⁾	14			15			16			11			16			14			14
Efficiency ratio (FTE basis)	47.33			49.11			45.33			49.48			46.44			50.10			49.24

Balance Sheet
Average
Total loans and leases	$	327,402		$	289,876		$	330,273		$	324,531		$	314,599		$	304,621		$	295,405
Total earnings assets ⁽²⁾	340,250			311,699			343,225			337,275			332,054			320,328			311,674
Total assets ⁽²⁾	389,740			361,819			391,839			387,640			381,887			370,246			361,867
Total deposits	297,969			287,280			298,805			297,134			307,806			296,321			288,117
Allocated capital ⁽¹⁾	37,000			35,000			37,000			37,000			35,000			35,000			35,000

Period end
Total loans and leases	$	330,709		$	301,558		$	330,709		$	329,485		$	319,580		$	309,500		$	301,558
Total earnings assets ⁽²⁾	344,805			317,723			344,805			341,236			330,658			321,589			317,723
Total assets ⁽²⁾	393,380			367,052			393,380			390,586			381,975			372,253			367,052
Total deposits	304,577			292,261			304,577			298,072			296,162			297,644			292,261


⁽¹⁾	Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Other companies may define or calculate these measures differently.


⁽²⁾	Total earning assets and total assets include asset allocations to match liabilities (i.e., deposits) and allocated shareholders' equity.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	26



Bank of America Corporation and Subsidiaries
Global Banking Key Indicators
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
	2016			2015			Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
Investment Banking fees ⁽¹⁾
Advisory ⁽²⁾	$	618		$	634		$	313		$	305		$	355		$	365		$	247
Debt issuance	655			706			390			265			265			325			371
Equity issuance	162			289			96			66			109			62			159
Total Investment Banking fees⁽³⁾	$	1,435		$	1,629		$	799		$	636		$	729		$	752		$	777

Business Lending
Corporate	$	2,081		$	1,867		$	1,066		$	1,015		$	1,016		$	947		$	846
Commercial	2,061			1,908			1,058			1,003			1,071			981			1,000
Business Banking	190			178			93			97			82			91			89
Total Business Lending revenue	$	4,332		$	3,953		$	2,217		$	2,115		$	2,169		$	2,019		$	1,935

Global Transaction Services
Corporate	$	1,432		$	1,351		$	724		$	708		$	720		$	710		$	703
Commercial	1,368			1,277			675			693			683			673			635
Business Banking	367			333			183			184			184			181			169
Total Global Transaction Services revenue	$	3,167		$	2,961		$	1,582		$	1,585		$	1,587		$	1,564		$	1,507

Average deposit balances
Interest-bearing	$	67,740		$	65,742		$	69,761		$	65,719		$	66,227		$	64,960		$	65,504
Noninterest-bearing	230,229			221,538			229,044			231,415			241,579			231,361			222,613
Total average deposits	$	297,969		$	287,280		$	298,805		$	297,134		$	307,806		$	296,321		$	288,117

Loan spread	1.62		%	1.65		%	1.59		%	1.65		%	1.60		%	1.61		%	1.61		%

Provision for credit losses	$	756		$	273		$	203		$	553		$	233		$	179		$	177

Credit quality ^{(4, 5)}
Reservable utilized criticized exposure	$	16,544		$	11,031		$	16,544		$	16,923		$	14,397		$	11,243		$	11,031
	4.65		%	3.38		%	4.65		%	4.78		%	4.18		%	3.36		%	3.38		%

Nonperforming loans, leases and foreclosed properties	$	1,450		$	1,179		$	1,450		$	1,316		$	935		$	898		$	1,179
	0.44		%	0.39		%	0.44		%	0.40		%	0.29		%	0.29		%	0.39		%

Average loans and leases by product
U.S. commercial	$	184,337		$	159,375		$	186,151		$	182,523		$	175,124		$	167,682		$	162,591
Commercial real estate	49,014			43,119			49,120			48,908			48,521			46,904			44,066
Commercial lease financing	21,982			20,355			21,891			22,074			21,467			21,074			20,491
Non-U.S. commercial	72,060			67,010			73,104			71,014			69,472			68,947			68,241
Other	9			17			7			12			15			14			16
Total average loans and leases	$	327,402		$	289,876		$	330,273		$	324,531		$	314,599		$	304,621		$	295,405

Total Corporation Investment Banking fees
Advisory ⁽²⁾	$	679		$	704		$	333		$	346		$	408		$	391		$	276
Debt issuance	1,558			1,668			889			669			617			748			887
Equity issuance	420			762			232			188			286			188			417
Total investment banking fees including self-led deals	2,657			3,134			1,454			1,203			1,311			1,327			1,580
Self-led deals	(96		)	(121		)	(46		)	(50		)	(39		)	(40		)	(54		)
Total Investment Banking fees	$	2,561		$	3,013		$	1,408		$	1,153		$	1,272		$	1,287		$	1,526


⁽¹⁾	Investment banking fees represent total investment banking fees for Global Banking inclusive of self-led deals and fees included within Business Lending.


⁽²⁾	Advisory includes fees on debt and equity advisory and mergers and acquisitions.


⁽³⁾	Investment banking fees represent only the fee component in Global Banking and do not include certain less significant items shared with the Investment Banking Group under internal revenue sharing agreements.

⁽⁴⁾

Criticized exposure corresponds to the Special Mention, Substandard and Doubtful asset categories defined by regulatory authorities. The reservable criticized exposure is on an end-of-period basis and is also shown as a percentage of total commercial utilized reservable criticized exposure, including loans and leases, standby letters of credit, financial guarantees, commercial letters of credit and bankers' acceptances.


⁽⁵⁾	Nonperforming loans, leases and foreclosed properties are on an end-of-period basis. The nonperforming ratio is nonperforming assets divided by loans, leases and foreclosed properties.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	27



Bank of America Corporation and Subsidiaries
Investment Banking Product Rankings

	Six Months Ended June 30, 2016
	Global			U.S.
	Product Ranking	Market Share		Product Ranking	Market Share
Net investment banking revenue	3	6.4	%	3	9.6	%
Announced mergers and acquisitions	3	17.6		2	31.2
Equity capital markets	5	4.7		4	10.0
Debt capital markets	3	5.9		2	9.8
High-yield corporate debt	2	8.7		2	9.8
Leveraged loans	2	8.9		1	11.2
Mortgage-backed securities	2	12.9		3	13.4
Asset-backed securities	2	8.5		1	12.2
Convertible debt	8	4.4		3	9.7
Common stock underwriting	6	4.7		4	10.0
Investment-grade corporate debt	2	5.9		2	11.3
Syndicated loans	1	10.0		1	13.5

Source: Dealogic data as of July 1, 2016. Figures above include self-led transactions.


•	Rankings based on deal volumes except net investment banking revenue rankings which reflect fees.


•	Debt capital markets excludes loans but includes agencies.


•	Mergers and acquisitions fees included in investment banking revenues reflect 10 percent fee credit at announcement and 90 percent fee credit at completion as per Dealogic.


•	Mergers and acquisitions volume rankings are for announced transactions and provide credit to all investment banks advising either side of the transaction.


•	Each advisor receives full credit for the deal amount unless advising a minor stakeholder.

Highlights



Global top 3 rankings in:
High-yield corporate debt		Investment-grade corporate debt
Leveraged loans		Syndicated loans
Mortgage-backed securities		Announced mergers and acquisitions
Asset-backed securities		Debt capital markets

U.S. top 3 rankings in:
High-yield corporate debt		Investment-grade corporate debt
Leveraged loans		Syndicated loans
Mortgage-backed securities		Announced mergers and acquisitions
Asset-backed securities		Debt capital markets
Convertible debt

Top 3 rankings excluding self-led deals:


Global:	High-yield corporate debt, Leveraged loans, Mortgage-backed securities, Asset-backed securities, Investment-grade corporate debt, Syndicated loans, Announced mergers and acquisitions, Debt capital markets


U.S.:	High-yield corporate debt, Leveraged loans, Mortgage-backed securities, Asset-backed securities, Convertible debt, Investment-grade corporate debt, Syndicated loans, Announced mergers and acquisitions, Debt capital markets



This information is preliminary and based on company data available at the time of the presentation.	28



Bank of America Corporation and Subsidiaries
Global Markets Segment Results
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
	2016			2015			Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
Net interest income (FTE basis)	$	2,273		$	1,961		$	1,093		$	1,180		$	1,126		$	1,096		$	988
Noninterest income:
Investment and brokerage services	1,093			1,129			525			568			518			574			556
Investment banking fees	1,097			1,348			603			494			532			521			718
Trading account profits	3,467			3,841			1,872			1,595			797			1,471			1,703
All other income (loss)	330			(138		)	220			110			139			91			(15		)
Total noninterest income	5,987			6,180			3,220			2,767			1,986			2,657			2,962
Total revenue, net of interest expense (FTE basis) ⁽¹⁾	8,260			8,141			4,313			3,947			3,112			3,753			3,950

Provision for credit losses	4			27			(5		)	9			30			42			6

Noninterest expense	5,032			5,909			2,582			2,450			2,767			2,698			2,748
Income before income taxes (FTE basis)	3,224			2,205			1,736			1,488			315			1,013			1,196
Income tax expense (FTE basis)	1,138			755			620			518			148			212			410
Net income	$	2,086		$	1,450		$	1,116		$	970		$	167		$	801		$	786

Return on average allocated capital ⁽²⁾	11		%	8		%	12		%	11		%	2		%	9		%	9		%
Efficiency ratio (FTE basis)	60.93			72.58			59.88			62.08			88.91			71.88			69.56

Balance Sheet
Average
Total trading-related assets ⁽³⁾	$	409,473		$	442,983		$	411,285		$	407,661		$	415,856		$	431,172		$	442,175
Total loans and leases	69,452			59,224			69,620			69,283			68,835			66,349			61,819
Total earning assets ⁽³⁾	420,506			432,579			422,815			418,198			419,977			436,809			433,254
Total assets	580,963			597,801			580,701			581,226			586,606			594,142			599,985
Total deposits	35,202			39,169			34,518			35,886			37,175			36,818			39,051
Allocated capital ⁽²⁾	37,000			35,000			37,000			37,000			35,000			35,000			35,000

Period end
Total trading-related assets ⁽³⁾	$	405,037		$	406,098		$	405,037		$	408,223		$	373,926		$	407,086		$	406,098
Total loans and leases	70,766			65,962			70,766			73,446			73,208			70,159			65,962
Total earning assets ⁽³⁾	416,325			405,883			416,325			422,268			384,046			418,519			405,883
Total assets	577,428			578,052			577,428			581,150			548,790			576,461			578,052
Total deposits	33,506			38,751			33,506			34,403			37,038			35,943			38,751

Trading-related assets (average)
Trading account securities	$	182,989		$	195,313		$	178,047		$	187,931		$	195,275		$	196,685		$	197,117
Reverse repurchases	89,108			112,221			92,805			85,411			86,553			103,312			109,293
Securities borrowed	85,293			79,909			89,779			80,807			82,385			75,786			81,091
Derivative assets	52,083			55,540			50,654			53,512			51,643			55,389			54,674
Total trading-related assets ⁽³⁾	$	409,473		$	442,983		$	411,285		$	407,661		$	415,856		$	431,172		$	442,175


⁽¹⁾	Substantially all of Global Markets total revenue is sales and trading revenue and investment banking fees, with a small portion related to certain revenue sharing agreements with other business segments. For additional sales and trading revenue information, see page 30.


⁽²⁾	Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Other companies may define or calculate these measures differently.


⁽³⁾	Trading-related assets include derivative assets, which are considered non-earning assets.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	29



Bank of America Corporation and Subsidiaries
Global Markets Key Indicators
(Dollars in millions)
	Six Months Ended June 30					Second Quarter 2016		First Quarter 2016		Fourth Quarter 2015		Third Quarter 2015		Second Quarter 2015
	2016		2015			Second Quarter 2016		First Quarter 2016		Fourth Quarter 2015		Third Quarter 2015		Second Quarter 2015
Sales and trading revenue ⁽¹⁾
Fixed income, currency and commodities	$	4,861	$	4,295		$	2,458	$	2,403	$	1,560	$	2,010	$	1,942
Equities	2,119		2,313			1,082		1,037		874		1,148		1,176
Total sales and trading revenue	$	6,980	$	6,608		$	3,540	$	3,440	$	2,434	$	3,158	$	3,118

Sales and trading revenue, excluding net debit valuation adjustment ⁽²⁾
Fixed income, currency and commodities	$	4,881	$	4,887		$	2,618	$	2,263	$	1,749	$	1,993	$	2,142
Equities	2,109		2,321			1,086		1,023		883		1,153		1,175
Total sales and trading revenue, excluding net debit valuation adjustment	$	6,990	$	7,208		$	3,704	$	3,286	$	2,632	$	3,146	$	3,317

Sales and trading revenue breakdown
Net interest income	$	2,070	$	1,781		$	993	$	1,077	$	1,028	$	1,004	$	888
Commissions	1,076		1,117			517		559		511		568		550
Trading	3,466		3,840			1,871		1,595		796		1,470		1,702
Other	368		(130		)	159		209		99		116		(22		)
Total sales and trading revenue	$	6,980	$	6,608		$	3,540	$	3,440	$	2,434	$	3,158	$	3,118


⁽¹⁾	Includes Global Banking sales and trading revenue of $281 million and $208 million for the six months ended June 30, 2016 and 2015; $121 million and $160 million for the second and first quarters of 2016, and $127 million, $86 million and $133 million for the fourth, third, and second quarters of 2015, respectively.


⁽²⁾	For this presentation, sales and trading revenue excludes net debit valuation adjustment (DVA) gains (losses) which include net DVA on derivatives, as well as amortization of own credit portion of purchase discount and realized DVA on structured liabilities for all periods. Sales and trading revenue excluding net DVA gains (losses) represents a non-GAAP financial measure.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	30



Bank of America Corporation and Subsidiaries
All Other Results ⁽¹⁾
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
	2016			2015			Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
Net interest income (FTE basis)	$	(1,823	)	$	1,237		$	(788	)	$	(1,035	)	$	(109	)	$	(189	)	$	1,131
Noninterest income:
Card income	99			132			55			44			60			67			65
Mortgage banking income	286			863			44			242			43			115			639
Gains on sales of debt securities	493			425			267			226			269			384			162
All other loss	(612		)	(661		)	(280		)	(332		)	(366		)	(183		)	(328		)
Total noninterest income	266			759			86			180			6			383			538
Total revenue, net of interest expense (FTE basis)	(1,557		)	1,996			(702		)	(855		)	(103		)	194			1,669

Provision for credit losses	(83		)	68			38			(121		)	(152		)	64			112

Noninterest expense	3,463			3,298			1,081			2,382			1,022			903			1,002
Income (loss) before income taxes (FTE basis)	(4,937		)	(1,370		)	(1,821		)	(3,116		)	(973		)	(773		)	555
Income tax benefit (FTE basis)	(2,325		)	(1,153		)	(1,006		)	(1,319		)	(472		)	(609		)	(226		)
Net income (loss)	$	(2,612	)	$	(217	)	$	(815	)	$	(1,797	)	$	(501	)	$	(164	)	$	781

Balance Sheet
Average
Total loans and leases	$	118,919		$	162,791		$	115,675		$	122,163		$	130,202		$	139,037		$	156,886
Total assets ⁽²⁾	261,569			300,530			260,621			262,518			295,677			307,009			300,851
Total deposits	27,724			24,824			28,690			26,757			26,019			26,125			26,674

Period end
Total loans and leases	$	111,923		$	147,906		$	111,923		$	117,901		$	126,305		$	131,617		$	147,906
Total assets ⁽³⁾	260,485			314,948			260,485			251,264			271,853			299,897			314,948
Total deposits	27,575			26,720			27,575			26,421			25,334			24,624			26,720

⁽¹⁾

All Other consists of ALM activities, equity investments, the international consumer card business, non-core mortgage loans and servicing activities, liquidating businesses, residual expense allocations and other. ALM activities encompass certain residential mortgages, debt securities, interest rate and foreign currency risk management activities, the impact of certain allocation methodologies and accounting hedge ineffectiveness. The results of certain ALM activities are allocated to our business segments. Equity investments include our merchant services joint venture as well as Global Principal Investments which is comprised of a portfolio of equity, real estate and other alternative investments.

⁽²⁾

Includes elimination of segments' excess asset allocations to match liabilities (i.e., deposits) and allocated shareholders' equity of $496.3 billion and $464.6 billion for the six months ended June 30, 2016 and 2015; $499.1 billion, $493.5 billion, $478.3 billion, $462.6 billion and $460.4 billion for the second and first quarters of 2016, and the fourth, third and second quarters of 2015, respectively.


⁽³⁾	Includes elimination of segments' excess asset allocations to match liabilities (i.e., deposits) and allocated shareholders' equity of $492.0 billion, $510.0 billion, $489.0 billion, $461.9 billion and $457.3 billion at June 30, 2016, March 31, 2016, December 31, 2015, September 30, 2015 and June 30, 2015, respectively.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	31



Bank of America Corporation and Subsidiaries
Outstanding Loans and Leases
(Dollars in millions)
	June 30 2016		March 31 2016		June 30 2015
Consumer
Residential mortgage ⁽¹⁾	$	185,943	$	184,440	$	198,825
Home equity	71,587		73,771		81,006
U.S. credit card	88,103		86,403		88,403
Non-U.S. credit card	9,380		9,977		10,276
Direct/Indirect consumer ⁽²⁾	92,746		90,609		84,754
Other consumer ⁽³⁾	2,284		2,176		2,000
Total consumer loans excluding loans accounted for under the fair value option	450,043		447,376		465,264
Consumer loans accounted for under the fair value option ⁽⁴⁾	1,844		1,946		1,971
Total consumer	451,887		449,322		467,235

Commercial
U.S. commercial ⁽⁵⁾	276,587		273,636		248,296
Commercial real estate ⁽⁶⁾	57,612		58,060		52,344
Commercial lease financing	21,203		20,957		20,089
Non-U.S. commercial	89,048		92,872		87,574
Total commercial loans excluding loans accounted for under the fair value option	444,450		445,525		408,303
Commercial loans accounted for under the fair value option ⁽⁴⁾	6,816		6,266		5,658
Total commercial	451,266		451,791		413,961
Total loans and leases ⁽⁷⁾	$	903,153	$	901,113	$	881,196


⁽¹⁾	Includes pay option loans of $2.1 billion, $2.2 billion and $2.6 billion at June 30, 2016, March 31, 2016 and June 30, 2015, respectively. The Corporation no longer originates pay option loans.

⁽²⁾

Includes auto and specialty lending loans of $47.0 billion, $45.4 billion and $39.6 billion, unsecured consumer lending loans of $696 million, $774 million and $1.1 billion, U.S. securities-based lending loans of $40.1 billion, $39.2 billion and $38.6 billion, non-U.S. consumer loans of $3.4 billion, $3.7 billion and $4.0 billion, student loans of $531 million, $547 million and $596 million and other consumer loans of $1.1 billion, $1.0 billion and $809 million at June 30, 2016, March 31, 2016 and June 30, 2015, respectively.


⁽³⁾	Includes consumer finance loans of $512 million, $538 million and $618 million, consumer leases of $1.6 billion, $1.5 billion and $1.2 billion and consumer overdrafts of $191 million, $154 million and $227 million at June 30, 2016, March 31, 2016 and June 30, 2015, respectively.

⁽⁴⁾

Consumer loans accounted for under the fair value option were residential mortgage loans of $1.5 billion, $1.6 billion and $1.8 billion and home equity loans of $354 million, $348 million and $208 million at June 30, 2016, March 31, 2016 and June 30, 2015, respectively. Commercial loans accounted for under the fair value option were U.S. commercial loans of $2.7 billion, $2.6 billion and $2.3 billion and non-U.S. commercial loans of $4.1 billion, $3.7 billion and $3.4 billion at June 30, 2016, March 31, 2016 and June 30, 2015, respectively.


⁽⁵⁾	Includes U.S. small business commercial loans, including card-related products, of $13.1 billion, $12.9 billion and $13.2 billion at June 30, 2016, March 31, 2016 and June 30, 2015, respectively.


⁽⁶⁾	Includes U.S. commercial real estate loans of $54.3 billion, $54.5 billion and $48.6 billion and non-U.S. commercial real estate loans of $3.3 billion, $3.5 billion and $3.7 billion at June 30, 2016, March 31, 2016 and June 30, 2015, respectively.

⁽⁷⁾

Beginning in the first quarter of 2016, the Corporation classifies operating leases in other assets on the Consolidated Balance Sheet. For June 30, 2015, $5.3 billion of operating leases were reclassified from loans and leases to other assets to conform to this presentation. Additionally, amounts related to these leases were reclassified from net interest income to other noninterest income and other general operating expense on the Consolidated Statement of Income.

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	32



Bank of America Corporation and Subsidiaries
Quarterly Average Loans and Leases by Business Segment and All Other
(Dollars in millions)
	Second Quarter 2016
	Total Corporation		Consumer Banking			GWIM		Global Banking		Global Markets		All Other
Consumer
Residential mortgage	$	186,752	$	45,888		$	59,216	$	2	$	—	$	81,646
Home equity	73,141		47,795			5,276		1		347		19,722
U.S. credit card	86,705		83,692			3,012		—		—		1
Non-U.S. credit card	9,988		—			—		—		—		9,988
Direct/Indirect consumer	91,643		46,853			44,243		3		—		544
Other consumer	2,220		1,681			8		1		—		530
Total consumer	450,449		225,909			111,755		7		347		112,431

Commercial
U.S. commercial	276,640		16,989			26,878		186,151		42,180		4,442
Commercial real estate	57,772		22			2,506		49,120		6,026		98
Commercial lease financing	20,874		—			3		21,891		288		(1,308		)
Non-U.S. commercial	93,935		1			39		73,104		20,779		12
Total commercial	449,221		17,012			29,426		330,266		69,273		3,244
Total loans and leases	$	899,670	$	242,921		$	141,181	$	330,273	$	69,620	$	115,675

	First Quarter 2016
	Total Corporation		Consumer Banking			GWIM		Global Banking		Global Markets		All Other
Consumer
Residential mortgage	$	186,980	$	42,506		$	57,934	$	4	$	—	$	86,536
Home equity	75,328		48,136			5,467		4		303		21,418
U.S. credit card	87,163		84,207			2,956		—		—		—
Non-U.S. credit card	9,822		—			—		—		—		9,822
Direct/Indirect consumer	89,342		44,676			44,102		4		—		560
Other consumer	2,138		1,578			6		—		—		554
Total consumer	450,773		221,103			110,465		12		303		118,890

Commercial
U.S. commercial	270,511		16,783			26,227		182,523		40,503		4,475
Commercial real estate	57,271		22			2,342		48,908		5,889		110
Commercial lease financing	21,077		—			3		22,074		336		(1,336		)
Non-U.S. commercial	93,352		—			62		71,014		22,252		24
Total commercial	442,211		16,805			28,634		324,519		68,980		3,273
Total loans and leases	$	892,984	$	237,908		$	139,099	$	324,531	$	69,283	$	122,163

	Second Quarter 2015
	Total Corporation		Consumer Banking			GWIM		Global Banking		Global Markets		All Other
Consumer
Residential mortgage	$	207,356	$	36,348		$	53,890	$	7	$	3	$	117,108
Home equity	82,640		51,244			6,067		4		206		25,119
U.S. credit card	87,460		84,385			3,075		—		—		—
Non-U.S. credit card	10,012		—			—		—		—		10,012
Direct/Indirect consumer	83,698		40,539			42,464		4		—		691
Other consumer	1,885		1,242			8		1		—		634
Total consumer	473,051		213,758			105,504		16		209		153,564

Commercial
U.S. commercial	244,540		16,923			23,608		162,591		36,993		4,425
Commercial real estate	50,478		24			2,049		44,066		4,173		166
Commercial lease financing	19,486		—			4		20,491		373		(1,382		)
Non-U.S. commercial	88,623		(1		)	199		68,241		20,071		113
Total commercial	403,127		16,946			25,860		295,389		61,610		3,322
Total loans and leases	$	876,178	$	230,704		$	131,364	$	295,405	$	61,819	$	156,886

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	33



Bank of America Corporation and Subsidiaries
Commercial Credit Exposure by Industry ^{(1, 2, 3, 4)}
(Dollars in millions)
	Commercial Utilized						Total Commercial Committed
	June 30 2016		March 31 2016		June 30 2015		June 30 2016			March 31 2016			June 30 2015
Diversified financials	$	78,799	$	77,650	$	68,976	$	122,504		$	124,704		$	114,441
Real estate ⁽⁵⁾	61,539		62,867		58,006		84,543			87,438			78,965
Healthcare equipment and services	37,483		37,555		33,232		67,494			62,650			50,548
Retailing	39,934		39,392		36,731		63,589			63,687			63,136
Capital goods	34,866		33,571		30,566		63,171			63,036			55,057
Government and public education	45,956		46,030		43,055		55,019			54,303			50,582
Banking	44,002		44,939		42,764		50,437			51,163			48,942
Materials	23,373		23,511		24,382		44,607			45,321			46,661
Food, beverage and tobacco	20,594		19,561		17,796		41,495			39,535			35,664
Energy	21,220		21,849		22,473		40,467			43,494			47,341
Consumer services	25,656		25,381		21,635		40,132			39,232			34,310
Commercial services and supplies	21,335		21,643		19,132		33,818			33,761			31,892
Utilities	12,868		12,372		11,161		28,426			28,864			25,601
Transportation	20,117		19,753		18,391		27,392			27,355			26,006
Media	13,137		12,852		12,181		25,101			25,759			27,153
Individuals and trusts	16,397		16,152		17,614		21,638			21,134			22,375
Technology hardware and equipment	7,492		6,362		6,187		19,185			23,777			13,792
Software and services	7,990		8,256		5,607		18,380			16,882			14,451
Pharmaceuticals and biotechnology	6,389		6,067		6,049		16,202			17,607			13,054
Automobiles and components	5,414		4,952		4,799		12,447			11,317			10,185
Telecommunication services	5,352		5,038		3,934		12,092			11,290			9,990
Insurance, including monolines	5,395		4,941		4,404		10,670			10,592			10,154
Consumer durables and apparel	5,635		6,289		6,110		10,390			11,033			10,633
Food and staples retailing	4,827		4,504		3,831		8,890			9,330			7,286
Religious and social organizations	4,619		4,440		4,700		6,373			6,073			6,257
Other	7,307		5,820		5,754		14,196			10,971			13,838
Total commercial credit exposure by industry	$	577,696	$	571,747	$	529,470	$	938,658		$	940,308		$	868,314
Net credit default protection purchased on total commitments ⁽⁶⁾							$	(5,396	)	$	(7,078	)	$	(5,584	)

⁽¹⁾

Includes loans and leases, standby letters of credit and financial guarantees, derivative assets, assets held-for-sale, commercial letters of credit, bankers' acceptances, securitized assets, foreclosed properties and other collateral acquired. Derivative assets are carried at fair value, reflect the effects of legally enforceable master netting agreements and have been reduced by cash collateral of $50.7 billion, $44.0 billion and $39.7 billion at June 30, 2016, March 31, 2016 and June 30, 2015, respectively. Not reflected in utilized and committed exposure is additional non-cash derivative collateral held of $25.4 billion, $22.0 billion and $22.6 billion which consists primarily of other marketable securities at June 30, 2016, March 31, 2016 and June 30, 2015, respectively.

⁽²⁾

Total utilized and total committed exposure includes loans of $6.8 billion, $6.3 billion and $5.7 billion and issued letters of credit with a notional amount of $321 million, $303 million and $246 million accounted for under the fair value option at June 30, 2016, March 31, 2016 and June 30, 2015, respectively. In addition, total committed exposure includes unfunded loan commitments accounted for under the fair value option with a notional amount of $7.8 billion, $9.3 billion and $7.9 billion at June 30, 2016, March 31, 2016 and June 30, 2015, respectively.


⁽³⁾	Includes U.S. small business commercial exposure.


⁽⁴⁾	Includes the notional amount of unfunded legally binding lending commitments net of amounts distributed (e.g., syndicated or participated) to other financial institutions of $13.9 billion, $13.0 billion and $13.7 billion at June 30, 2016, March 31, 2016 and June 30, 2015, respectively.


⁽⁵⁾	Industries are viewed from a variety of perspectives to best isolate the perceived risks. For purposes of this table, the real estate industry is defined based on the borrowers' or counterparties' primary business activity using operating cash flows and primary source of repayment as key factors.


⁽⁶⁾	Represents net notional credit protection purchased.

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	34



Bank of America Corporation and Subsidiaries
Net Credit Default Protection by Maturity Profile ⁽¹⁾

	June 30 2016		March 31 2016
Less than or equal to one year	52	%	40	%
Greater than one year and less than or equal to five years	45		58
Greater than five years	3		2
Total net credit default protection	100	%	100	%


⁽¹⁾	To mitigate the cost of purchasing credit protection, credit exposure can be added by selling credit protection. The distribution of maturities for net credit default protection purchased is shown in this table.



Net Credit Default Protection by Credit Exposure Debt Rating ⁽¹⁾
(Dollars in millions)
	June 30, 2016					March 31, 2016
Ratings ^{(2, 3)}	Net Notional ⁽⁴⁾			Percent of Total		Net Notional ⁽⁴⁾			Percent of Total
A	$	(713	)	13.2	%	$	(810	)	11.4	%
BBB	(2,656		)	49.2		(3,272		)	46.2
BB	(1,190		)	22.1		(1,863		)	26.3
B	(794		)	14.7		(1,052		)	14.9
CCC and below	(14		)	0.3		(45		)	0.6
NR ⁽⁵⁾	(29		)	0.5		(36		)	0.6
Total net credit default protection	$	(5,396	)	100.0	%	$	(7,078	)	100.0	%


⁽¹⁾	To mitigate the cost of purchasing credit protection, credit exposure can be added by selling credit protection. The distribution of debt rating for net notional credit default protection purchased is shown as a negative and the net notional credit protection sold is shown as a positive amount.


⁽²⁾	Ratings are refreshed on a quarterly basis.


⁽³⁾	Ratings of BBB- or higher are considered to meet the definition of investment grade.


⁽⁴⁾	Represents net credit default protection (purchased) sold.


⁽⁵⁾	NR is comprised of index positions held and any names that have not been rated.

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	35



Bank of America Corporation and Subsidiaries
Top 20 Non-U.S. Countries Exposure
(Dollars in millions)
	Funded Loans and Loan Equivalents ⁽¹⁾		Unfunded Loan Commitments		Net Counterparty Exposure ⁽²⁾		Securities/ Other Investments ⁽³⁾		Country Exposure at June 30 2016		Hedges and Credit Default Protection ⁽⁴⁾			Net Country Exposure at June 30 2016 ⁽⁵⁾		Increase (Decrease) from March 31 2016
United Kingdom	$	34,260	$	13,922	$	9,752	$	2,207	$	60,141	$	(3,831	)	$	56,310	$	4,843
Germany	13,368		5,394		2,256		4,410		25,428		(4,109		)	21,319		7,135
Canada	7,220		6,751		4,024		3,811		21,806		(1,437		)	20,369		3,645
Brazil	9,518		280		1,268		4,385		15,451		(217		)	15,234		22
Japan	13,901		599		1,600		750		16,850		(2,073		)	14,777		138
France	3,474		4,699		2,234		7,074		17,481		(3,462		)	14,019		3,268
China	8,483		534		1,486		1,618		12,121		(392		)	11,729		1,692
India	6,467		258		356		3,376		10,457		(257		)	10,200		(539		)
Australia	4,771		2,190		1,043		1,472		9,476		(348		)	9,128		(1,079		)
Netherlands	3,018		2,868		729		2,653		9,268		(1,235		)	8,033		1,318
Hong Kong	5,829		202		936		595		7,562		(9		)	7,553		43
South Korea	4,110		729		904		1,728		7,471		(406		)	7,065		(121		)
Switzerland	3,390		3,121		417		603		7,531		(1,179		)	6,352		398
Mexico	3,210		995		231		1,294		5,730		(263		)	5,467		33
Singapore	2,516		285		822		1,717		5,340		(49		)	5,291		798
Italy	2,876		888		800		1,032		5,596		(772		)	4,824		(233		)
United Arab Emirates	2,132		231		1,139		49		3,551		(58		)	3,493		270
Luxembourg	433		742		2,613		77		3,865		(392		)	3,473		1,192
Turkey	3,181		86		64		24		3,355		(60		)	3,295		27
Israel	205		2,405		138		88		2,836		—			2,836		(163		)
Total top 20 non-U.S. countries exposure	$	132,362	$	47,179	$	32,812	$	38,963	$	251,316	$	(20,549	)	$	230,767	$	22,687


⁽¹⁾	Includes loans, leases, and other extensions of credit and funds, including letters of credit and due from placements, which have not been reduced by collateral, hedges or credit default protection. Funded loans and loan equivalents are reported net of charge-offs but prior to any allowance for loan and lease losses.

⁽²⁾

Net counterparty exposure includes the fair value of derivatives, including the counterparty risk associated with credit default swaps, and secured financing transactions. Derivative exposures are presented net of $36.7 billion in collateral, which is predominantly cash, pledged under legally enforceable master netting agreements. Secured financing transaction exposures are presented net of eligible cash or securities pledged as collateral. The notional amount of reverse repurchase transactions was $72.7 billion. Counterparty exposure is not presented net of hedges or credit default protection.


⁽³⁾	Long securities exposures are netted on a single-name basis to, but not below, zero by short exposures and net credit default swaps purchased, consisting of single-name and net indexed and tranched credit default swaps.


⁽⁴⁾	Represents credit default protection purchased, net of credit default protection sold, which is used to mitigate the Corporation's risk to country exposures as listed, consisting of net single-name and net indexed and tranched credit default swaps. Amounts are calculated based on the credit default swaps notional amount assuming a zero recovery rate less any fair value receivable or payable.


⁽⁵⁾	Represents country exposure less hedges and credit default protection purchased, net of credit default protection sold.

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	36



Bank of America Corporation and Subsidiaries
Nonperforming Loans, Leases and Foreclosed Properties
(Dollars in millions)
	June 30 2016			March 31 2016			December 31 2015			September 30 2015			June 30 2015
Residential mortgage	$	3,592		$	3,976		$	4,803		$	5,242		$	5,985
Home equity	3,085			3,244			3,337			3,429			3,563
Direct/Indirect consumer	27			26			24			25			26
Other consumer	1			1			1			1			1
Total consumer	6,705			7,247			8,165			8,697			9,575
U.S. commercial	1,349			1,236			867			836			869
Commercial real estate	84			91			93			108			126
Commercial lease financing	13			29			12			17			19
Non-U.S. commercial	144			165			158			56			80
	1,590			1,521			1,130			1,017			1,094
U.S. small business commercial	69			82			82			85			78
Total commercial	1,659			1,603			1,212			1,102			1,172
Total nonperforming loans and leases	8,364			8,850			9,377			9,799			10,747
Foreclosed properties ⁽¹⁾	435			431			459			537			818
Total nonperforming loans, leases and foreclosed properties ^{(2, 3, 4)}	$	8,799		$	9,281		$	9,836		$	10,336		$	11,565

Fully-insured home loans past due 30 days or more and still accruing	$	7,478		$	8,207		$	9,855		$	10,467		$	11,871
Consumer credit card past due 30 days or more and still accruing	1,517			1,590			1,721			1,662			1,650
Other loans past due 30 days or more and still accruing	2,994			3,219			3,603			3,415			3,423
Total loans past due 30 days or more and still accruing ^{(3, 5, 6)}	$	11,989		$	13,016		$	15,179		$	15,544		$	16,944

Fully-insured home loans past due 90 days or more and still accruing	$	5,659		$	6,334		$	7,150		$	7,616		$	8,917
Consumer credit card past due 90 days or more and still accruing	762			820			865			799			828
Other loans past due 90 days or more and still accruing	180			193			235			203			195
Total loans past due 90 days or more and still accruing ^{(3, 5, 6)}	$	6,601		$	7,347		$	8,250		$	8,618		$	9,940

Nonperforming loans, leases and foreclosed properties/Total assets ⁽⁷⁾	0.40		%	0.43		%	0.46		%	0.48		%	0.54		%
Nonperforming loans, leases and foreclosed properties/Total loans, leases and foreclosed properties ⁽⁷⁾	0.98			1.04			1.10			1.18			1.32
Nonperforming loans and leases/Total loans and leases ⁽⁷⁾	0.94			0.99			1.05			1.12			1.23

Commercial utilized reservable criticized exposure ⁽⁸⁾	$	18,087		$	18,577		$	15,896		$	13,028		$	12,932
Commercial utilized reservable criticized exposure/Commercial utilized reservable exposure ⁽⁸⁾	3.76		%	3.87		%	3.38		%	2.85		%	2.92		%
Total commercial utilized criticized exposure/Commercial utilized exposure ⁽⁸⁾	3.72			3.82			3.28			2.93			3.08


⁽¹⁾	Foreclosed property balances do not include properties insured by certain government-guaranteed loans, principally FHA-insured loans, that entered foreclosure of $1.3 billion, $1.4 billion, $1.4 billion, $1.3 billion and $1.3 billion at June 30, 2016, March 31, 2016, December 31, 2015, September 30, 2015 and June 30, 2015, respectively.


⁽²⁾	Balances do not include past due consumer credit card, consumer loans secured by real estate where repayments are insured by the Federal Housing Administration and individually insured long-term stand-by agreements (fully-insured home loans), and in general, other consumer and commercial loans not secured by real estate.


⁽³⁾	Balances do not include purchased credit-impaired loans even though the customer may be contractually past due. Purchased credit-impaired loans were recorded at fair value upon acquisition and accrete interest income over the remaining life of the loan.



⁽⁴⁾Balances do not include the following:	June 30 2016		March 31 2016		December 31 2015		September 30 2015		June 30 2015
Nonperforming loans held-for-sale	$	223	$	265	$	227	$	274	$	298
Nonperforming loans accounted for under the fair value option	302		312		306		321		339
Nonaccruing troubled debt restructured loans removed from the purchased credit-impaired portfolio prior to January 1, 2010	38		36		38		49		72

⁽⁵⁾

Balances do not include loans held-for-sale past due 30 days or more and still accruing of $13 million, $3 million, $24 million, $73 million and $42 million at June 30, 2016, March 31, 2016, December 31, 2015, September 30, 2015 and June 30, 2015, respectively. At June 30, 2016, March 31, 2016, December 31, 2015, September 30, 2015 and June 30, 2015, there were $117 million, $120 million, $127 million, $142 million and $141 million, respectively, of loans accounted for under the fair value option past due 30 days or more and still accruing interest.


⁽⁶⁾	These balances are excluded from total nonperforming loans, leases and foreclosed properties.


⁽⁷⁾	Total assets and total loans and leases do not include loans accounted for under the fair value option of $8.7 billion, $8.2 billion, $6.9 billion, $7.2 billion and $7.6 billion at June 30, 2016, March 31, 2016, December 31, 2015, September 30, 2015 and June 30, 2015, respectively.


⁽⁸⁾	Criticized exposure corresponds to the Special Mention, Substandard and Doubtful asset categories defined by regulatory authorities. The reservable criticized exposure excludes loans held-for-sale, exposure accounted for under the fair value option and other nonreservable exposure.

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	37



Bank of America Corporation and Subsidiaries
Nonperforming Loans, Leases and Foreclosed Properties Activity ⁽¹⁾
(Dollars in millions)
	Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
Nonperforming Consumer Loans and Leases:
Balance, beginning of period	$	7,247		$	8,165		$	8,697		$	9,575		$	10,209
Additions to nonperforming loans and leases:
New nonperforming loans and leases	799			951			1,027			1,029			1,424
Reductions to nonperforming loans and leases:
Paydowns and payoffs	(252		)	(133		)	(214		)	(262		)	(289		)
Sales	(271		)	(823		)	(314		)	(447		)	(542		)
Returns to performing status ⁽²⁾	(396		)	(441		)	(490		)	(722		)	(631		)
Charge-offs ⁽³⁾	(334		)	(395		)	(450		)	(375		)	(484		)
Transfers to foreclosed properties	(88		)	(77		)	(91		)	(101		)	(112		)
Total net reductions to nonperforming loans and leases	(542		)	(918		)	(532		)	(878		)	(634		)
Total nonperforming consumer loans and leases, end of period	6,705			7,247			8,165			8,697			9,575
Foreclosed properties	416			421			444			479			553
Nonperforming consumer loans, leases and foreclosed properties, end of period	$	7,121		$	7,668		$	8,609		$	9,176		$	10,128

Nonperforming Commercial Loans and Leases ⁽⁴⁾:
Balance, beginning of period	$	1,603		$	1,212		$	1,102		$	1,172		$	996
Additions to nonperforming loans and leases:
New nonperforming loans and leases	489			697			456			205			419
Advances	2			9			8			11			15
Reductions to nonperforming loans and leases:
Paydowns	(211		)	(120		)	(133		)	(145		)	(103		)
Sales	(87		)	(6		)	(27		)	—			(65		)
Return to performing status ⁽⁵⁾	(29		)	(47		)	(32		)	(47		)	(27		)
Charge-offs	(106		)	(142		)	(162		)	(93		)	(56		)
Transfers to foreclosed properties	(2		)	—			—			(1		)	(7		)
Total net additions (reductions) to nonperforming loans and leases	56			391			110			(70		)	176
Total nonperforming commercial loans and leases, end of period	1,659			1,603			1,212			1,102			1,172
Foreclosed properties	19			10			15			58			265
Nonperforming commercial loans, leases and foreclosed properties, end of period	$	1,678		$	1,613		$	1,227		$	1,160		$	1,437


⁽¹⁾	For amounts excluded from nonperforming loans, leases and foreclosed properties, see footnotes to Nonperforming Loans, Leases and Foreclosed Properties table on page 37.

⁽²⁾

Consumer loans and leases may be returned to performing status when all principal and interest is current and full repayment of the remaining contractual principal and interest is expected, or when the loan otherwise becomes well-secured and is in the process of collection. Certain troubled debt restructurings are classified as nonperforming at the time of restructuring and may only be returned to performing status after considering the borrower's sustained repayment performance for a reasonable period, generally six months.


⁽³⁾	Our policy is not to classify consumer credit card and non-bankruptcy related consumer loans not secured by real estate as nonperforming; therefore, the charge-offs on these loans have no impact on nonperforming activity and, accordingly, are excluded from this table.


⁽⁴⁾	Includes U.S. small business commercial activity. Small business card loans are excluded as they are not classified as nonperforming.

⁽⁵⁾

Commercial loans and leases may be returned to performing status when all principal and interest is current and full repayment of the remaining contractual principal and interest is expected, or when the loan otherwise becomes well-secured and is in the process of collection. Troubled debt restructurings are generally classified as performing after a sustained period of demonstrated payment performance.

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	38



Bank of America Corporation and Subsidiaries
Quarterly Net Charge-offs and Net Charge-off Ratios ^{(1, 2)}
(Dollars in millions)
	Second Quarter 2016					First Quarter 2016					Fourth Quarter 2015				Third Quarter 2015					Second Quarter 2015
Net Charge-offs	Amount			Percent		Amount			Percent		Amount		Percent		Amount			Percent		Amount			Percent
Residential mortgage ⁽³⁾	$	34		0.07	%	$	91		0.20	%	$	73	0.15	%	$	26		0.05	%	$	177		0.35	%
Home equity	126			0.70		112			0.60		193		0.99		120			0.60		151			0.73
U.S. credit card	573			2.66		587			2.71		563		2.52		546			2.46		584			2.68
Non-U.S. credit card	46			1.85		45			1.85		46		1.78		47			1.83		51			2.03
Direct/Indirect consumer	23			0.10		34			0.15		29		0.13		25			0.12		24			0.11
Other consumer	47			8.40		48			9.07		54		10.63		57			11.21		33			7.00
Total consumer	849			0.76		917			0.82		958		0.84		821			0.71		1,020			0.87
U.S. commercial ⁽⁴⁾	28			0.04		65			0.10		81		0.13		52			0.09		(1		)	—
Commercial real estate	(2		)	(0.01	)	(6		)	(0.04	)	4		0.03		(10		)	(0.08	)	(4		)	(0.03	)
Commercial lease financing	15			0.30		(2		)	(0.05	)	1		0.02		3			0.07		—			—
Non-U.S. commercial	45			0.20		42			0.19		45		0.20		9			0.04		2			0.01
	86			0.08		99			0.09		131		0.13		54			0.05		(3		)	—
U.S. small business commercial	50			1.55		52			1.64		55		1.68		57			1.72		51			1.56
Total commercial	136			0.12		151			0.14		186		0.17		111			0.11		48			0.05
Total net charge-offs	$	985		0.44		$	1,068		0.48		$	1,144	0.52		$	932		0.43		$	1,068		0.49

By Business Segment and All Other
Consumer Banking	$	715		1.18	%	$	735		1.24	%	$	736	1.24	%	$	709		1.21	%	$	734		1.28	%
Global Wealth & Investment Management	14			0.04		5			0.01		20		0.06		17			0.05		17			0.05
Global Banking	80			0.10		104			0.13		137		0.17		53			0.07		(2		)	—
Global Markets	5			0.03		—			—		—		—		—			—		—			—
All Other	171			0.60		224			0.75		251		0.77		153			0.44		319			0.83
Total net charge-offs	$	985		0.44		$	1,068		0.48		$	1,144	0.52		$	932		0.43		$	1,068		0.49

⁽¹⁾

Net charge-off ratios are calculated as annualized net charge-offs divided by average outstanding loans and leases excluding loans accounted for under the fair value option during the period for each loan and lease category. Excluding the purchased credit-impaired loan portfolio, total annualized net charge-offs as a percentage of total average loans and leases outstanding were 0.45, 0.49, 0.53, 0.43 and 0.50 for the three months ended June 30, 2016, March 31, 2016, December 31, 2015, September 30, 2015 and June 30, 2015, respectively.

⁽²⁾

Excludes write-offs of purchased credit-impaired loans of $82 million, $105 million, $82 million, $148 million and $290 million for the three months ended June 30, 2016, March 31, 2016, December 31, 2015, September 30, 2015 and June 30, 2015, respectively. Including the write-offs of purchased credit-impaired loans, total annualized net charge-offs and purchased credit-impaired write-offs as a percentage of total average loans and leases outstanding were 0.48, 0.53, 0.55, 0.49 and 0.63 for the three months ended June 30, 2016, March 31, 2016, December 31, 2015, September 30, 2015 and June 30, 2015, respectively.


⁽³⁾	Includes charge-offs on nonperforming loan sales of $0 and $42 million for the three months ended June 30, 2016 and March 31, 2016, and nonperforming loan sales recoveries and other recoveries of $8 million, $57 million and $22 million for the three months ended December 31, 2015, September 30, 2015 and June 30, 2015, respectively.


⁽⁴⁾	Excludes U.S. small business commercial loans.

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	39



Bank of America Corporation and Subsidiaries
Year-to-Date Net Charge-offs and Net Charge-off Ratios ^{(1, 2)}
(Dollars in millions)
	Six Months Ended June 30
	2016					2015
Net Charge-offs	Amount			Percent		Amount		Percent
Residential mortgage⁽³⁾	$	125		0.14	%	$	374	0.36	%
Home equity	238			0.65		323		0.78
U.S. credit card	1,160			2.68		1,205		2.76
Non-U.S. credit card	91			1.85		95		1.91
Direct/Indirect consumer	57			0.13		58		0.14
Other consumer	95			8.73		82		8.91
Total consumer	1,766			0.79		2,137		0.91
U.S. commercial ⁽⁴⁾	93			0.07		6		0.01
Commercial real estate	(8		)	(0.03	)	1		0.01
Commercial lease financing	13			0.13		5		0.05
Non-U.S. commercial	87			0.19		—		—
	185			0.09		12		0.01
U.S. small business commercial	102			1.59		113		1.73
Total commercial	287			0.13		125		0.06
Total net charge-offs	$	2,053		0.46		$	2,262	0.53

By Business Segment and All Other
Consumer Banking	$	1,450		1.21	%	$	1,552	1.36	%
Global Wealth & Investment Management	19			0.03		35		0.05
Global Banking	184			0.11		4		—
Global Markets	5			0.01		—		—
All Other	395			0.68		671		0.84
Total net charge-offs	$	2,053		0.46		$	2,262	0.53

⁽¹⁾

Net charge-off ratios are calculated as annualized net charge-offs divided by average outstanding loans and leases excluding loans accounted for under the fair value option during the period for each loan and lease category. Excluding the purchased credit-impaired loan portfolio, total annualized net charge-offs as a percentage of total average loans and leases outstanding were 0.47 and 0.54 for the six months ended June 30, 2016 and 2015.

⁽²⁾

Excludes write-offs of purchased credit-impaired loans of $187 million and $578 million for the six months ended June 30, 2016 and 2015. Including the write-offs of purchased credit-impaired loans, total annualized net charge-offs and purchased credit-impaired write-offs as a percentage of total average loans and leases outstanding were 0.51 and 0.66 for the six months ended June 30, 2016 and 2015.


⁽³⁾	Includes charge-offs on nonperforming loan sales of $42 million for the six months ended June 30, 2016, and nonperforming loan sales recoveries and other recoveries of $62 million for the six months ended June 30, 2015.


⁽⁴⁾	Excludes U.S. small business commercial loans.

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	40



Bank of America Corporation and Subsidiaries
Allocation of the Allowance for Credit Losses by Product Type
(Dollars in millions)
	June 30, 2016						March 31, 2016						June 30, 2015
Allowance for loan and lease losses	Amount		Percent of Total		Percent of Loans and Leases Outstanding ^{(1, 2)}		Amount		Percent of Total		Percent of Loans and Leases Outstanding ^{(1, 2)}		Amount		Percent of Total		Percent of Loans and Leases Outstanding ^{(1, 2)}
Residential mortgage	$	1,192	10.07	%	0.64	%	$	1,312	10.87	%	0.71	%	$	1,997	15.28	%	1.00	%
Home equity	2,017		17.04		2.82		2,144		17.76		2.91		2,744		21.00		3.39
U.S. credit card	2,806		23.71		3.18		2,800		23.20		3.24		3,060		23.42		3.46
Non-U.S. credit card	256		2.16		2.73		253		2.10		2.54		339		2.59		3.30
Direct/Indirect consumer	224		1.89		0.24		200		1.66		0.22		254		1.94		0.30
Other consumer	48		0.41		2.11		49		0.40		2.24		49		0.37		2.45
Total consumer	6,543		55.28		1.45		6,758		55.99		1.51		8,443		64.60		1.81
U.S. commercial ⁽³⁾	3,441		29.07		1.24		3,423		28.36		1.25		2,694		20.62		1.08
Commercial real estate	919		7.76		1.60		924		7.66		1.59		1,041		7.97		1.99
Commercial lease financing	145		1.22		0.68		133		1.10		0.63		157		1.20		0.78
Non-U.S. commercial	789		6.67		0.89		831		6.89		0.89		733		5.61		0.84
Total commercial ⁽⁴⁾	5,294		44.72		1.19		5,311		44.01		1.19		4,625		35.40		1.13
Allowance for loan and lease losses	11,837		100.00	%	1.32		12,069		100.00	%	1.35		13,068		100.00	%	1.50
Reserve for unfunded lending commitments	750						627						588
Allowance for credit losses	$	12,587					$	12,696					$	13,656

Asset Quality Indicators

Allowance for loan and lease losses/Total loans and leases ⁽²⁾			1.32	%					1.35	%					1.50	%
Allowance for loan and lease losses (excluding the valuation allowance for purchased credit-impaired loans)/Total loans and leases (excluding purchased credit-impaired loans) ^{(2, 5)}			1.29						1.31						1.40
Allowance for loan and lease losses/Total nonperforming loans and leases⁽⁶⁾			142						136						122
Allowance for loan and lease losses (excluding the valuation allowance for purchased credit-impaired loans)/Total nonperforming loans and leases ⁽⁵⁾			135						129						111
Ratio of the allowance for loan and lease losses/Annualized net charge-offs ⁽⁷⁾			2.99						2.81						3.05
Ratio of the allowance for loan and lease losses (excluding the valuation allowance for purchased credit-impaired loans)/Annualized net charge-offs ^{(5, 7)}			2.85						2.67						2.79
Ratio of the allowance for loan and lease losses/Annualized net charge-offs and purchased credit-impaired write-offs			2.76						2.56						2.40

⁽¹⁾

Ratios are calculated as allowance for loan and lease losses as a percentage of loans and leases outstanding excluding loans accounted for under the fair value option. Consumer loans accounted for under the fair value option included residential mortgage loans of $1.5 billion, $1.6 billion and $1.8 billion and home equity loans of $354 million, $348 million and $208 million at June 30, 2016, March 31, 2016 and June 30, 2015, respectively. Commercial loans accounted for under the fair value option included U.S. commercial loans of $2.7 billion, $2.6 billion and $2.3 billion and non-U.S. commercial loans of $4.1 billion, $3.7 billion and $3.4 billion at June 30, 2016, March 31, 2016 and June 30, 2015, respectively.


⁽²⁾	Total loans and leases do not include loans accounted for under the fair value option of $8.7 billion, $8.2 billion and $7.6 billion at June 30, 2016, March 31, 2016 and June 30, 2015, respectively.


⁽³⁾	Includes allowance for loan and lease losses for U.S. small business commercial loans of $466 million, $480 million and $525 million at June 30, 2016, March 31, 2016 and June 30, 2015, respectively.


⁽⁴⁾	Includes allowance for loan and lease losses for impaired commercial loans of $238 million, $285 million and $156 million at June 30, 2016, March 31, 2016 and June 30, 2015, respectively.


⁽⁵⁾	Excludes valuation allowance on purchased credit-impaired loans of $528 million, $622 million and $1.1 billion at June 30, 2016, March 31, 2016 and June 30, 2015, respectively.

⁽⁶⁾

Allowance for loan and lease losses includes $4.1 billion, $4.1 billion and $5.1 billion allocated to products (primarily the Consumer Lending portfolios within Consumer Banking and purchased credit-impaired loans) that are excluded from nonperforming loans and leases at June 30, 2016, March 31, 2016 and June 30, 2015, respectively. Excluding these amounts, allowance for loan and lease losses as a percentage of total nonperforming loans and leases was 93 percent, 90 percent and 75 percent at June 30, 2016, March 31, 2016 and June 30, 2015, respectively.


⁽⁷⁾	Net charge-offs exclude $82 million, $105 million and $290 million of write-offs in the purchased credit-impaired loan portfolio at June 30, 2016, March 31, 2016 and June 30, 2015, respectively.

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	41



Exhibit A: Non-GAAP Reconciliations

Bank of America Corporation and Subsidiaries
Reconciliations to GAAP Financial Measures
(Dollars in millions)

The Corporation evaluates its business based on a fully taxable-equivalent basis, a non-GAAP financial measure. The Corporation believes managing the business with net interest income on a fully taxable-equivalent basis provides a more meaningful picture of the interest margin for comparative purposes. Total revenue, net of interest expense, includes net interest income on a fully taxable-equivalent basis and noninterest income. The Corporation views related ratios and analyses (i.e., efficiency ratios and net interest yield) on a fully taxable-equivalent basis. To derive the fully taxable-equivalent basis, net interest income is adjusted to reflect tax-exempt income on an equivalent before-tax basis with a corresponding increase in income tax expense. For purposes of this calculation, the Corporation uses the federal statutory tax rate of 35 percent. This measure ensures comparability of net interest income arising from taxable and tax-exempt sources. The efficiency ratio measures the costs expended to generate a dollar of revenue, and net interest yield measures the basis points the Corporation earns over the cost of funds.

The Corporation also evaluates its business based on the following ratios that utilize tangible equity, a non-GAAP financial measure. Tangible equity represents an adjusted shareholders' equity or common shareholders' equity amount which has been reduced by goodwill and intangible assets (excluding mortgage servicing rights), net of related deferred tax liabilities. Return on average tangible common shareholders' equity measures the Corporation's earnings contribution as a percentage of adjusted average common shareholders' equity. The tangible common equity ratio represents adjusted ending common shareholders' equity divided by total assets less goodwill and intangible assets (excluding mortgage servicing rights), net of related deferred tax liabilities. Return on average tangible shareholders' equity measures the Corporation's earnings contribution as a percentage of adjusted average total shareholders' equity. The tangible equity ratio represents adjusted ending shareholders' equity divided by total assets less goodwill and intangible assets (excluding mortgage servicing rights), net of related deferred tax liabilities. Tangible book value per common share represents adjusted ending common shareholders' equity divided by ending common shares outstanding. These measures are used to evaluate the Corporation's use of equity. In addition, profitability, relationship and investment models all use return on average tangible shareholders' equity as key measures to support our overall growth goals.

See the table below and on page 43 for reconciliations of these non-GAAP financial measures to financial measures defined by GAAP for the six months ended June 30, 2016 and 2015 and the three months ended June 30, 2016, March 31, 2016, December 31, 2015, September 30, 2015 and June 30, 2015. The Corporation believes the use of these non-GAAP financial measures provides additional clarity in assessing the results of the Corporation. Other companies may define or calculate supplemental financial data differently.



	Six Months Ended June 30						Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
	2016			2015			Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015

Reconciliation of net interest income to net interest income on a fully taxable-equivalent basis
Net interest income	$	18,384		$	19,872		$	9,213		$	9,171		$	9,756		$	9,471		$	10,461
Fully taxable-equivalent adjustment	438			438			223			215			226			226			223
Net interest income on a fully taxable-equivalent basis	$	18,822		$	20,310		$	9,436		$	9,386		$	9,982		$	9,697		$	10,684

Reconciliation of total revenue, net of interest expense to total revenue, net of interest expense on a fully taxable-equivalent basis
Total revenue, net of interest expense	$	39,910		$	42,870		$	20,398		$	19,512		$	19,667		$	20,513		$	21,956
Fully taxable-equivalent adjustment	438			438			223			215			226			226			223
Total revenue, net of interest expense on a fully taxable-equivalent basis	$	40,348		$	43,308		$	20,621		$	19,727		$	19,893		$	20,739		$	22,179

Reconciliation of income tax expense to income tax expense on a fully taxable-equivalent basis
Income tax expense	$	2,716		$	3,309		$	1,697		$	1,019		$	1,511		$	1,446		$	2,084
Fully taxable-equivalent adjustment	438			438			223			215			226			226			223
Income tax expense on a fully taxable-equivalent basis	$	3,154		$	3,747		$	1,920		$	1,234		$	1,737		$	1,672		$	2,307

Reconciliation of average common shareholders' equity to average tangible common shareholders' equity
Common shareholders' equity	$	238,645		$	227,078		$	240,166		$	237,123		$	234,851		$	231,620		$	228,780
Goodwill	(69,756		)	(69,776		)	(69,751		)	(69,761		)	(69,761		)	(69,774		)	(69,775		)
Intangible assets (excluding mortgage servicing rights)	(3,584		)	(4,412		)	(3,480		)	(3,687		)	(3,888		)	(4,099		)	(4,307		)
Related deferred tax liabilities	1,684			1,922			1,662			1,707			1,753			1,811			1,885
Tangible common shareholders' equity	$	166,989		$	154,812		$	168,597		$	165,382		$	162,955		$	159,558		$	156,583

Reconciliation of average shareholders' equity to average tangible shareholders' equity
Shareholders' equity	$	262,731		$	248,413		$	265,144		$	260,317		$	257,125		$	253,893		$	251,054
Goodwill	(69,756		)	(69,776		)	(69,751		)	(69,761		)	(69,761		)	(69,774		)	(69,775		)
Intangible assets (excluding mortgage servicing rights)	(3,584		)	(4,412		)	(3,480		)	(3,687		)	(3,888		)	(4,099		)	(4,307		)
Related deferred tax liabilities	1,684			1,922			1,662			1,707			1,753			1,811			1,885
Tangible shareholders' equity	$	191,075		$	176,147		$	193,575		$	188,576		$	185,229		$	181,831		$	178,857

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	42



Exhibit A: Non-GAAP Reconciliations (continued)

Bank of America Corporation and Subsidiaries
Reconciliations to GAAP Financial Measures
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015
	2016			2015			Second Quarter 2016			First Quarter 2016			Fourth Quarter 2015			Third Quarter 2015			Second Quarter 2015

Reconciliation of period-end common shareholders' equity to period-end tangible common shareholders' equity
Common shareholders' equity	$	241,849		$	229,386		$	241,849		$	238,434		$	233,932		$	233,632		$	229,386
Goodwill	(69,744		)	(69,775		)	(69,744		)	(69,761		)	(69,761		)	(69,761		)	(69,775		)
Intangible assets (excluding mortgage servicing rights)	(3,352		)	(4,188		)	(3,352		)	(3,578		)	(3,768		)	(3,973		)	(4,188		)
Related deferred tax liabilities	1,637			1,813			1,637			1,667			1,716			1,762			1,813
Tangible common shareholders' equity	$	170,390		$	157,236		$	170,390		$	166,762		$	162,119		$	161,660		$	157,236

Reconciliation of period-end shareholders' equity to period-end tangible shareholders' equity
Shareholders' equity	$	267,069		$	251,659		$	267,069		$	262,776		$	256,205		$	255,905		$	251,659
Goodwill	(69,744		)	(69,775		)	(69,744		)	(69,761		)	(69,761		)	(69,761		)	(69,775		)
Intangible assets (excluding mortgage servicing rights)	(3,352		)	(4,188		)	(3,352		)	(3,578		)	(3,768		)	(3,973		)	(4,188		)
Related deferred tax liabilities	1,637			1,813			1,637			1,667			1,716			1,762			1,813
Tangible shareholders' equity	$	195,610		$	179,509		$	195,610		$	191,104		$	184,392		$	183,933		$	179,509

Reconciliation of period-end assets to period-end tangible assets
Assets	$	2,186,609		$	2,149,034		$	2,186,609		$	2,185,498		$	2,144,316		$	2,153,006		$	2,149,034
Goodwill	(69,744		)	(69,775		)	(69,744		)	(69,761		)	(69,761		)	(69,761		)	(69,775		)
Intangible assets (excluding mortgage servicing rights)	(3,352		)	(4,188		)	(3,352		)	(3,578		)	(3,768		)	(3,973		)	(4,188		)
Related deferred tax liabilities	1,637			1,813			1,637			1,667			1,716			1,762			1,813
Tangible assets	$	2,115,150		$	2,076,884		$	2,115,150		$	2,113,826		$	2,072,503		$	2,081,034		$	2,076,884

Certain prior period amounts have been reclassified to conform to current period presentation.



This information is preliminary and based on company data available at the time of the presentation.	43