Annual report pursuant to Section 13 and 15(d)

Regulatory Requirements and Restrictions (Tables)

v3.10.0.1
Regulatory Requirements and Restrictions (Tables)
12 Months Ended
Dec. 31, 2018
Banking and Thrift [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations The following table presents capital ratios and related information in accordance with Basel 3 Standardized and Advanced approaches as measured at December 31, 2018 and 2017 for the Corporation and BANA.
 
 
 
 
 
 
 
 
 
 
 
 
Regulatory Capital under Basel 3 (1)
 
 
 
 
 
 
 
 
 
 
 
Bank of America Corporation
 
Bank of America, N.A.

Standardized Approach
 
Advanced Approaches
 
Regulatory Minimum (2)
 
Standardized Approach
 
Advanced Approaches
 
Regulatory Minimum (3)
(Dollars in millions, except as noted)
December 31, 2018
Risk-based capital metrics:
 

 
 

 
 
 
 

 
 

 
 
Common equity tier 1 capital
$
167,272

 
$
167,272

 
 
 
$
149,824

 
$
149,824

 
 
Tier 1 capital
189,038

 
189,038

 
 
 
149,824

 
149,824

 
 
Total capital (4)
221,304

 
212,878

 
 
 
161,760

 
153,627

 
 
Risk-weighted assets (in billions)
1,437

 
1,409

 
 
 
1,195

 
959

 
 
Common equity tier 1 capital ratio
11.6
%
 
11.9
%
 
8.25
%
 
12.5
%
 
15.6
%
 
6.5
%
Tier 1 capital ratio
13.2

 
13.4

 
9.75

 
12.5

 
15.6

 
8.0

Total capital ratio
15.4

 
15.1

 
11.75

 
13.5

 
16.0

 
10.0

 
 
 
 
 
 
 
 
 
 
 
 
Leverage-based metrics:
 
 
 
 
 
 
 
 
 
 
 
Adjusted quarterly average assets (in billions) (5)
$
2,258

 
$
2,258

 
 
 
$
1,719

 
$
1,719

 
 
Tier 1 leverage ratio
8.4
%
 
8.4
%
 
4.0

 
8.7
%
 
8.7
%
 
5.0

 
 
 
 
 
 
 
 
 
 
 
 
SLR leverage exposure (in billions)
 
 
$
2,791

 
 
 
 
 
$
2,112

 
 
SLR
 
 
6.8
%
 
5.0

 
 
 
7.1
%
 
6.0

 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2017
Risk-based capital metrics:
 

 
 

 
 
 
 

 
 

 
 
Common equity tier 1 capital
$
171,063

 
$
171,063

 
 
 
$
150,552

 
$
150,552

 
 
Tier 1 capital
191,496

 
191,496

 
 
 
150,552

 
150,552

 
 
Total capital (4)
227,427

 
218,529

 
 
 
163,243

 
154,675

 
 
Risk-weighted assets (in billions)
1,434

 
1,449

 
 
 
1,201

 
1,007

 
 
Common equity tier 1 capital ratio
11.9
%
 
11.8
%
 
7.25
%
 
12.5
%
 
14.9
%
 
6.5
%
Tier 1 capital ratio
13.4

 
13.2

 
8.75

 
12.5

 
14.9

 
8.0

Total capital ratio
15.9

 
15.1

 
10.75

 
13.6

 
15.4

 
10.0

 
 
 
 
 
 
 
 
 
 
 
 
Leverage-based metrics:
 
 
 
 
 
 
 
 
 
 
 
Adjusted quarterly average assets (in billions) (5)
$
2,224

 
$
2,224

 
 
 
$
1,672

 
$
1,672

 
 
Tier 1 leverage ratio
8.6
%
 
8.6
%
 
4.0

 
9.0
%
 
9.0
%
 
5.0

(1) 
Regulatory capital metrics at December 31, 2017 reflect Basel 3 transition provisions for regulatory capital adjustments and deductions, which were fully phased-in as of January 1, 2018.
(2) 
The December 31, 2018 and 2017 amounts include a transition capital conservation buffer of 1.875 percent and 1.25 percent and a transition global systemically important bank surcharge of 1.875 percent and 1.5 percent. The countercyclical capital buffer for both periods is zero.
(3) 
Percent required to meet guidelines to be considered “well capitalized” under the PCA framework.
(4) 
Total capital under the Advanced approaches differs from the Standardized approach due to differences in the amount permitted in Tier 2 capital related to the qualifying allowance for credit losses.
(5) 
Reflects adjusted average total assets for the three months ended December 31, 2018 and 2017.