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

Quarterly report pursuant to Section 13 or 15(d)

Outstanding Loans and Leases and Allowance for Credit Losses - Allowance by Portfolio Segment (Details)

Outstanding Loans and Leases and Allowance for Credit Losses - Allowance by Portfolio Segment (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for loan and lease losses, beginning of the period	$ 12,387	$ 18,802
Loans and leases charged off	(734)	(1,186)
Recoveries of loans and leases previously charged off	342	363
Net charge-offs	(392)	(823)
Provision for loan and lease losses	108	(1,811)
Other	1	0
Allowance for loan and lease losses, end of the period	12,104	16,168
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Reserve for unfunded lending commitments, beginning balance	1,456	1,878
Provision for unfunded lending commitments	(78)	(49)
Other	1
Reserve for unfunded lending commitments, ending balance	1,379	1,829
Allowance for credit losses	13,483	17,997
Consumer real estate
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for loan and lease losses, beginning of the period	557	858
Loans and leases charged off	(23)	(15)
Recoveries of loans and leases previously charged off	63	54
Net charge-offs	40	39
Provision for loan and lease losses	(126)	(207)
Other	2	(1)
Allowance for loan and lease losses, end of the period	473	689
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Reserve for unfunded lending commitments, beginning balance	96	137
Provision for unfunded lending commitments	(6)	(13)
Other	1
Reserve for unfunded lending commitments, ending balance	91	124
Allowance for credit losses	564	813
Credit card and other consumer
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for loan and lease losses, beginning of the period	6,476	9,213
Loans and leases charged off	(619)	(977)
Recoveries of loans and leases previously charged off	239	245
Net charge-offs	(380)	(732)
Provision for loan and lease losses	146	(536)
Other	0	1
Allowance for loan and lease losses, end of the period	6,242	7,946
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Reserve for unfunded lending commitments, beginning balance	0	0
Provision for unfunded lending commitments	0	0
Other	0
Reserve for unfunded lending commitments, ending balance	0	0
Allowance for credit losses	6,242	7,946
Commercial
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for loan and lease losses, beginning of the period	5,354	8,731
Loans and leases charged off	(92)	(194)
Recoveries of loans and leases previously charged off	40	64
Net charge-offs	(52)	(130)
Provision for loan and lease losses	88	(1,068)
Other	(1)	0
Allowance for loan and lease losses, end of the period	5,389	7,533
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Reserve for unfunded lending commitments, beginning balance	1,360	1,741
Provision for unfunded lending commitments	(72)	(36)
Other	0
Reserve for unfunded lending commitments, ending balance	1,288	1,705
Allowance for credit losses	$ 6,677	$ 9,238