Outstanding Loans and Leases - Credit Card and Other Consumer - Renegotiated TDRs Entered into During the Period (Details) (Consumer Portfolio Segment, USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
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Dec. 31, 2014
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Dec. 31, 2013
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Dec. 31, 2012
|
|
Financing Receivable, Modifications [Line Items] | |||
Unpaid Principal Balance | $ 394bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance | $ 488bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance | $ 761bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance |
Carrying Value | 426us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 | 522us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 | 728us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 |
Pre-Modification Interest Rate | 18.32%bac_FinancingReceivableModificationsPreModificationInterestRate | 18.89%bac_FinancingReceivableModificationsPreModificationInterestRate | 18.68%bac_FinancingReceivableModificationsPreModificationInterestRate |
Post-Modification Interest Rate | 4.03%bac_FinancingReceivableModificationsPostModificationInterestRate | 4.37%bac_FinancingReceivableModificationsPostModificationInterestRate | 4.79%bac_FinancingReceivableModificationsPostModificationInterestRate |
Net Charge-offs | 142us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown | 183us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown | 287us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown |
Direct/Indirect Consumer
|
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Financing Receivable, Modifications [Line Items] | |||
Unpaid Principal Balance |
27bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
47bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
160bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
Carrying Value |
19us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
38us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
113us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
Pre-Modification Interest Rate |
8.66%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
11.53%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
9.59%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
Post-Modification Interest Rate |
4.90%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
4.74%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
5.72%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
Net Charge-offs |
14us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
15us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
52us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_DirectandIndirectFinancingReceivableMember |
Other consumer
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Financing Receivable, Modifications [Line Items] | |||
Unpaid Principal Balance |
8bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
9bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
|
Carrying Value |
8us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
9us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
|
Pre-Modification Interest Rate |
9.28%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
9.97%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
|
Post-Modification Interest Rate |
5.25%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
6.44%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
|
Net Charge-offs |
0us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
0us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = bac_OtherFinancingReceivablesMember |
|
United States | Credit Card Receivable
|
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Financing Receivable, Modifications [Line Items] | |||
Unpaid Principal Balance |
276bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
299bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
396bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
Carrying Value |
301us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
329us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
400us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
Pre-Modification Interest Rate |
16.64%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
16.84%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
17.59%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
Post-Modification Interest Rate |
5.15%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
5.84%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
6.36%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
Net Charge-offs |
37us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
30us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
45us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = country_US |
Non United States | Credit Card Receivable
|
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Financing Receivable, Modifications [Line Items] | |||
Unpaid Principal Balance |
91bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
134bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
196bac_FinancingReceivableModificationsPostModificationUnpaidPrincipalBalance / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
Carrying Value |
106us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
147us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
206us-gaap_FinancingReceivableModificationsPostModificationRecordedInvestment2 / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
Pre-Modification Interest Rate |
24.90%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
25.90%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
26.19%bac_FinancingReceivableModificationsPreModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
Post-Modification Interest Rate |
0.68%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
0.95%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
1.15%bac_FinancingReceivableModificationsPostModificationInterestRate / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
Net Charge-offs |
$ 91us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
$ 138us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
$ 190us-gaap_FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown / bac_FinancingReceivablePortfolioSegmentAxis = us-gaap_ConsumerPortfolioSegmentMember / us-gaap_FinancingReceivableTroubledDebtRestructuringAxis = us-gaap_CreditCardReceivablesMember / us-gaap_StatementGeographicalAxis = bac_NonUnitedStatesMember |
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- Definition
Financing Receivable, Modifications, Post-Modification Interest Rate No definition available.
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- Definition
Financing Receivable, Modifications, Unpaid Principal Balance No definition available.
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- Definition
Financing Receivable, Modifications, Pre-Modification Interest Rate No definition available.
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- Details
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- Definition
Post-modification amount of investment in financing receivables modified by troubled debt restructurings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Reflects the amount of the write-down related to a troubled debt restructuring. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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