Filed under Rule 424(b)(3), Registration Statement No. 333-97157
Pricing Supplement No. 161 — dated Monday, November 07 2005 (To: Prospectus Dated October 29, 2004)
                                                                             
 
  CUSIP     Aggregate     Price to     Gross     Net     Coupon     Coupon     Coupon     Maturity     1st Coupon     1st Coupon     Survivor’s     Product  
  Number     Principal Amount     Public     Concession     Proceeds     Type     Rate     Frequency     Date     Date     Amount     Option     Ranking  
 
                                                                             
  06050XWB5     $5,520,000.00     100.000%     1.500%     $5,437,200.00     FIXED     5.500%     MONTHLY     11/15/2015     12/15/2005     $5.35     YES     Subordinated
Unsecured
Notes
 
  Redemption Information: Callable at 100.000% on 11/15/2006 and every coupon date thereafter.  
                                                                             
  The Bank of America InterNotes will be subject to redemption at the option of Bank of America, in whole on the interest payment date occurring 11/15/2006 and on any interest payment date thereafter at a redemption price equal to 100% of the principal amount of the Bank of America InterNotes, plus accrued interest thereon, if any, upon at least 30 days prior notice to the noteholder and the trustee, as described in the prospectus.  
                                                                             
  Joint Lead Managers and Lead Agents: Banc of America Securities LLC, INCAPITAL, LLC      Agents: A.G. Edwards & Sons, Inc., Charles Schwab & Co., Inc., Citigroup Global Markets Inc., Edward D. Jones & Co., L.P., Merrill Lynch & Co., Morgan Stanley, UBS Financial Services Inc., Wachovia Securities  
 
                                                                             
  06050XWC3     $4,075,000.00     100.000%     2.500%     $3,973,125.00     FIXED     5.750%     SEMI-ANNUAL     11/15/2025     05/15/2006     $29.55     YES     Subordinated
Unsecured
Notes
 
  Redemption Information: Callable at 100.000% on 11/15/2009 and every coupon date thereafter.  
                                                                             
  The Bank of America InterNotes will be subject to redemption at the option of Bank of America, in whole on the interest payment date occurring 11/15/2009 and on any interest payment date thereafter at a redemption price equal to 100% of the principal amount of the Bank of America InterNotes, plus accrued interest thereon, if any, upon at least 30 days prior notice to the noteholder and the trustee, as described in the prospectus.  
                                                                             
  Joint Lead Managers and Lead Agents: Banc of America Securities LLC, INCAPITAL, LLC      Agents: A.G. Edwards & Sons, Inc., Charles Schwab & Co., Inc., Citigroup Global Markets Inc., Edward D. Jones & Co., L.P., Merrill Lynch & Co., Morgan Stanley, UBS Financial Services Inc., Wachovia Securities  
 
        Trade Date: Monday, November 07, 2005 @ 12:00 PM ET     Bank of America  
        Settlement Date: Thursday, November 10, 2005     $6,000,000,000 Bank of America  
  Bank of America     Minimum Denomination/Increments: $1,000.00/$1,000.00     InterNotes  
  100 North Tryon Street, NC1-007-07-06     Moody’s Investor Services Rating: Subordinated: Aa3     Prospectus dated 29-Oct-04  
  Charlotte NC 28255     S & P Ratings Services Rating: Subordinated: A+      
        Initial trades settle flat and clear SDFS: DTC Book Entry only      
        DTC Number 0235 via RBC Dain Rauscher Inc.      
                                                                             
        If the maturity date or an interest payment date for any note is not a business day (as term is defined in prospectus), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date or interest payment date.      
                                                                             
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