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
- Audit Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Principles (Policies)
Notes Tables
Notes Details
Uncategorized
- Uncategorized Items - bac-20221231.htm

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

v3.22.4

Outstanding Loans and Leases and Allowance for Credit Losses - Troubled Debt Restructurings, Narrative (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) payment	Dec. 31, 2021 USD ($)
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	$ 1,045,747	$ 979,124
Consumer real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Real estate acquired through foreclosure	121	101
Loans with formal foreclosure proceeding in process	871	1,100
Reclassified consumer real estate loans	$ 190	$ 64
Number of missing payments causing default \| payment	3
Consumer real estate \| Chapter Seven Bankruptcy
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and leases	$ 211
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	53
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	$ 33

- Definition

Financing Receivable, Loans with Formal Foreclosure Proceeding in Process

+ References

No definition available.

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- Definition

Financing Receivable, Modifications, Number of Missing Payments Causing Default

+ References

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- Definition

Noncash Investing and Financing Activities, Reclassifications Out of Loans and Leases Receivable

+ References

No definition available.

+ Details

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- Definition

Amortized cost excluding accrued interest, before allowance for credit loss, of financing receivable. Excludes net investment in lease.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 5
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919230-210447

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 45
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=124255206&loc=SL82895884-210446

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 3B
-URI https://asc.fasb.org/extlink&oid=124255953&loc=SL120267963-210447

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- Definition

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+ References

No definition available.

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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.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11
-URI https://asc.fasb.org/extlink&oid=123577603&loc=d3e5162-111524

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 45
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=124259787&loc=d3e4437-111522

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