Bank of America Corporation Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Cover
- Cover Page
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Principles (Policies)
Notes Tables
Notes Details

Fair Value Measurements - Nonrecurring Fair Value (Details)

v3.25.2

Fair Value Measurements - Nonrecurring Fair Value (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2025	Jun. 30, 2024	Dec. 31, 2024
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
Loans held-for-sale	$ 2,409		$ 2,409		$ 2,214
Loans and leases	6,863		6,863		4,249
Other assets	9,871		9,871		$ 13,176
Nonrecurring
Gains (Losses)
Loans held-for-sale	(6)	$ (49)	50	$ (105)
Loans and leases	(10)	(10)	(15)	(17)
Foreclosed properties	0	(2)	0	(1)
Other assets	8	(27)	5	(40)
Loss on loans and leases written down to zero	3	2	5	4
Nonrecurring \| Government Guaranteed Mortgage Loans upon Foreclosure Receivable
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
Foreclosed properties	14	21	14	21
Nonrecurring \| Level 2
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
Loans held-for-sale	135	14	135	14
Loans and leases	0	0	0	0
Foreclosed properties	0	0	0	0
Other assets	2	1	2	1
Nonrecurring \| Level 3
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
Loans held-for-sale	0	2,686	0	2,686
Loans and leases	56	71	56	71
Foreclosed properties	67	46	67	46
Other assets	$ 56	$ 296	$ 56	$ 296

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