Annual report pursuant to Section 13 and 15(d)

Regulatory Requirements and Restrictions - Schedule of Capital Under Basel 3 (Details)

v3.20.4
Regulatory Requirements and Restrictions - Schedule of Capital Under Basel 3 (Details)
$ in Millions
 12 Months Ended
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Regulatory Minimum    
G-SIB Surcharge 0.025 0.025
Countercyclical capital buffer 0 0
Bank of America Corporation    
Regulatory Minimum    
Common equity tier 1 capital ratio 0.095 0.095
Tier 1 capital ratio 0.110 0.110
Total capital ratio 0.130 0.130
Regulatory Minimum    
Tier 1 leverage ratio 0.040 0.040
Supplementary leverage ratio 0.050 0.050
Subsidiaries | Bank of America, N.A.    
Regulatory Minimum    
Common equity tier 1 capital ratio 0.070 0.070
Tier 1 capital ratio 0.085 0.085
Total capital ratio 0.105 0.105
Regulatory Minimum    
Tier 1 leverage ratio 0.050 0.050
Supplementary leverage ratio 0.060 0.060
Standardized Approach | Bank of America Corporation    
Risk-based capital metrics:    
Common equity tier 1 capital $ 176,660 $ 166,760
Tier 1 capital 200,096 188,492
Total capital 237,936 221,230
Risk-weighted assets $ 1,480,000 $ 1,493,000
Common equity tier 1 capital ratio 0.119 0.112
Tier 1 capital ratio 0.135 0.126
Total capital ratio 0.161 0.148
Leverage-based metrics:    
Adjusted quarterly average assets $ 2,719,000 $ 2,374,000
Tier 1 leverage ratio 0.074 0.079
Standardized Approach | Subsidiaries | Bank of America, N.A.    
Risk-based capital metrics:    
Common equity tier 1 capital $ 164,593 $ 154,626
Tier 1 capital 164,593 154,626
Total capital 181,370 166,567
Risk-weighted assets $ 1,221,000 $ 1,241,000
Common equity tier 1 capital ratio 0.135 0.125
Tier 1 capital ratio 0.135 0.125
Total capital ratio 0.149 0.134
Leverage-based metrics:    
Adjusted quarterly average assets $ 2,143,000 $ 1,780,000
Tier 1 leverage ratio 0.077 0.087
Advanced Approaches | Bank of America Corporation    
Risk-based capital metrics:    
Common equity tier 1 capital $ 176,660 $ 166,760
Tier 1 capital 200,096 188,492
Total capital 227,685 213,098
Risk-weighted assets $ 1,371,000 $ 1,447,000
Common equity tier 1 capital ratio 0.129 0.115
Tier 1 capital ratio 0.146 0.130
Total capital ratio 0.166 0.147
Leverage-based metrics:    
Adjusted quarterly average assets $ 2,719,000 $ 2,374,000
Tier 1 leverage ratio 0.074 0.079
SLR leverage exposure $ 2,786,000 $ 2,946,000
Supplementary leverage ratio 0.072 0.064
Advanced Approaches | Subsidiaries | Bank of America, N.A.    
Risk-based capital metrics:    
Common equity tier 1 capital $ 164,593 $ 154,626
Tier 1 capital 164,593 154,626
Total capital 170,922 158,665
Risk-weighted assets $ 1,014,000 $ 991,000
Common equity tier 1 capital ratio 0.162 0.156
Tier 1 capital ratio 0.162 0.156
Total capital ratio 0.169 0.160
Leverage-based metrics:    
Adjusted quarterly average assets $ 2,143,000 $ 1,780,000
Tier 1 leverage ratio 0.077 0.087
SLR leverage exposure $ 2,525,000 $ 2,177,000
Supplementary leverage ratio 0.065 0.071