Bank of America Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 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-20201231.htm

Outstanding Loans and Leases and Allowance for Credit Losses - Troubled Debt Restructurings, Narrative (Details)

v3.20.4

Outstanding Loans and Leases and Allowance for Credit Losses - Troubled Debt Restructurings, Narrative (Details) $ in Millions	12 Months Ended
	Dec. 31, 2020 USD ($) payment	Dec. 31, 2019 USD ($)
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	$ 927,861	$ 983,426
Consumer real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	34,311
Real estate acquired through foreclosure	123	$ 229
Loans with formal foreclosure proceeding in process	1,200
Reclassified consumer real estate loans	$ 182
Number of missing payments causing default \| payment	3
Consumer real estate \| Chapter Seven Bankruptcy
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	$ 372
Nonperforming Loans \| Consumer real estate \| Chapter Seven Bankruptcy \| US Government Sponsored-Enterprise Insured Loans \| Federal Housing Administration
Financing Receivable, Credit Quality Indicator [Line Items]
Real estate acquired through foreclosure	102
Performing Financial Instruments \| Consumer real estate \| Chapter Seven Bankruptcy \| US Government Sponsored-Enterprise Insured Loans \| Federal Housing Administration
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	$ 68

- Definition

Financing Receivable, Loans with Formal Foreclosure Proceeding in Process

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- Definition

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- Definition

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- Definition

Amount, before allowance for credit loss, of financing receivable.

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-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
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- Definition

Carrying amount as of the balance sheet date of land and buildings obtained through foreclosure proceedings or defeasance in full or partial satisfaction of a debt arrangement.

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