Annual report pursuant to Section 13 and 15(d)

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

v3.22.4
Regulatory Requirements and Restrictions - Schedule of Capital Under Basel 3 (Details)
$ in Millions
 12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Regulatory Minimum    
G-SIB surcharge 2.50% 2.50%
Capital conservation buffer 2.50% 2.50%
Bank of America Corporation    
Regulatory Minimum    
Common equity tier 1 capital ratio 0.104 0.095
Tier 1 capital ratio 0.119 0.110
Total capital ratio 0.139 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    
Regulatory Minimum    
Stress capital buffer 3.40% 2.50%
Standardized Approach | Bank of America Corporation    
Risk-based capital metrics:    
Common equity tier 1 capital $ 180,060 $ 171,759
Tier 1 capital 208,446 196,465
Total capital 238,773 227,592
Risk-weighted assets $ 1,605,000 $ 1,618,000
Common equity tier 1 capital ratio 0.112 0.106
Tier 1 capital ratio 0.130 0.121
Total capital ratio 0.149 0.141
Leverage-based metrics:    
Adjusted quarterly average assets $ 2,997,000 $ 3,087,000
Tier 1 leverage ratio 0.070 0.064
Standardized Approach | Subsidiaries | Bank of America, N.A.    
Risk-based capital metrics:    
Common equity tier 1 capital $ 181,089 $ 182,526
Tier 1 capital 181,089 182,526
Total capital 194,254 194,773
Risk-weighted assets $ 1,386,000 $ 1,352,000
Common equity tier 1 capital ratio 0.131 0.135
Tier 1 capital ratio 0.131 0.135
Total capital ratio 0.140 0.144
Leverage-based metrics:    
Adjusted quarterly average assets $ 2,358,000 $ 2,414,000
Tier 1 leverage ratio 0.077 0.076
Advanced Approaches | Bank of America Corporation    
Risk-based capital metrics:    
Common equity tier 1 capital $ 180,060 $ 171,759
Tier 1 capital 208,446 196,465
Total capital 230,916 220,616
Risk-weighted assets $ 1,411,000 $ 1,399,000
Common equity tier 1 capital ratio 0.128 0.123
Tier 1 capital ratio 0.148 0.140
Total capital ratio 0.164 0.158
Leverage-based metrics:    
Adjusted quarterly average assets $ 2,997,000 $ 3,087,000
Tier 1 leverage ratio 0.070 0.064
SLR leverage exposure $ 3,523,000 $ 3,604,000
Supplementary leverage ratio 0.059 0.055
Advanced Approaches | Subsidiaries | Bank of America, N.A.    
Risk-based capital metrics:    
Common equity tier 1 capital $ 181,089 $ 182,526
Tier 1 capital 181,089 182,526
Total capital 186,648 188,091
Risk-weighted assets $ 1,087,000 $ 1,048,000
Common equity tier 1 capital ratio 0.167 0.174
Tier 1 capital ratio 0.167 0.174
Total capital ratio 0.172 0.179
Leverage-based metrics:    
Adjusted quarterly average assets $ 2,358,000 $ 2,414,000
Tier 1 leverage ratio 0.077 0.076
SLR leverage exposure $ 2,785,000 $ 2,824,000
Supplementary leverage ratio 0.065 0.065