Annual report pursuant to Section 13 and 15(d)

Earnings Per Common Share - Basic and Diluted (Details)

v2.4.1.9
Earnings Per Common Share - Basic and Diluted (Details) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Earnings (loss) per common share      
Net income $ 4,833us-gaap_NetIncomeLoss $ 11,431us-gaap_NetIncomeLoss $ 4,188us-gaap_NetIncomeLoss
Preferred stock dividends (1,044)us-gaap_PreferredStockDividendsIncomeStatementImpact (1,349)us-gaap_PreferredStockDividendsIncomeStatementImpact (1,428)us-gaap_PreferredStockDividendsIncomeStatementImpact
Net income applicable to common shareholders 3,789us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 10,082us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 2,760us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Dividends and undistributed earnings allocated to participating securities 0us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic (2)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic (2)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
Net income allocated to common shareholders 3,789bac_NetIncomeLossAllocatedtoCommonShareholdersBasic 10,080bac_NetIncomeLossAllocatedtoCommonShareholdersBasic 2,758bac_NetIncomeLossAllocatedtoCommonShareholdersBasic
Average common shares issued and outstanding 10,527,818us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 10,731,165us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 10,746,028us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Earnings (loss) per common share (in dollars per share) $ 0.36us-gaap_EarningsPerShareBasic $ 0.94us-gaap_EarningsPerShareBasic $ 0.26us-gaap_EarningsPerShareBasic
Diluted earnings (loss) per common share      
Add preferred stock dividends due to assumed conversions 0us-gaap_DilutiveSecuritiesEffectOnBasicEarningsPerShareOther 300us-gaap_DilutiveSecuritiesEffectOnBasicEarningsPerShareOther 0us-gaap_DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
Dividends and undistributed earnings allocated to participating securities 0us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted (2)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted (2)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
Net income allocated to common shareholders $ 3,789us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted $ 10,380us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted $ 2,758us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted
Average common shares issued and outstanding (in thousands) 10,527,818us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 10,731,165us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 10,746,028us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Dilutive potential common shares 56,717us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment 760,253us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment 94,826us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment
Total diluted average common shares issued and outstanding (in thousands) 10,584,535us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 11,491,418us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 10,840,854us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Diluted earnings (loss) per common share (in dollars per share) $ 0.36us-gaap_EarningsPerShareDiluted $ 0.90us-gaap_EarningsPerShareDiluted $ 0.25us-gaap_EarningsPerShareDiluted