Bank of America Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 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
Uncategorized
- Uncategorized Items - bac-20210930.htm

Outstanding Loans and Leases and Allowance for Credit Losses - Commercial Loans - Impaired Loans (Details)

v3.21.2

Outstanding Loans and Leases and Allowance for Credit Losses - Commercial Loans - Impaired Loans (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Financing Receivable, Impaired [Line Items]
Loans held-for-sale	$ 9,415		$ 9,415		$ 9,243
Proceeds from sales and paydowns of loans originally classified as LHFS			27,000	$ 16,100
Originations and purchases			27,003	11,093
Accrued interest receivable	2,200		2,200		2,400
Credit card lines
Financing Receivable, Impaired [Line Items]
Interest and fee income reversed	87		369
Commercial
Financing Receivable, Impaired [Line Items]
Carrying Value	213	$ 588	1,100	$ 1,500
Lending commitments	272		272		402
Commitments in payment default	$ 168		$ 168		$ 218

- Definition

Financing Receivable, Troubled Debt Restructuring, Commitments in Payment Default

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Interest, dividends, rents, ancillary and other revenues earned but not yet received by the entity on its investments.

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Amount, after valuation allowance, of financing receivable held for sale and not part of disposal group. Excludes loan covered under loss sharing agreement and loan classified as investment in debt security.

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