Bank of America Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Securitizations and Other Variable Interest Entities - Home Equity Loans (Details)

Securitizations and Other Variable Interest Entities - Home Equity Loans (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
On-balance sheet assets
Trading account assets	$ 186,860,000,000us-gaap_TradingSecurities	$ 191,785,000,000us-gaap_TradingSecurities
Debt securities carried at fair value	324,174,000,000bac_DebtSecuritiesCarriedAtFairValue	320,695,000,000bac_DebtSecuritiesCarriedAtFairValue
Loans and leases	877,956,000,000	881,391,000,000
Allowance for loan and lease losses	(13,676,000,000)	(14,419,000,000)	(16,618,000,000)	(17,428,000,000)
All other assets	109,574,000,000us-gaap_OtherAssets	112,063,000,000us-gaap_OtherAssets
Total assets	2,143,545,000,000us-gaap_Assets	2,104,534,000,000us-gaap_Assets	2,149,851,000,000us-gaap_Assets
On-balance sheet liabilities
Long-term debt	237,858,000,000us-gaap_LongTermDebt	243,139,000,000us-gaap_LongTermDebt
Total liabilities	1,893,357,000,000us-gaap_Liabilities	1,861,063,000,000us-gaap_Liabilities
Home equity
Variable Interest Entity [Line Items]
Maximum loss exposure	6,003,000,000	6,215,000,000
On-balance sheet assets
Trading account assets	47,000,000	14,000,000
Debt securities carried at fair value	44,000,000	39,000,000
Loans and leases	954,000,000	1,014,000,000
Allowance for loan and lease losses	(52,000,000)	(56,000,000)
All other assets	40,000,000	33,000,000
Total assets	1,033,000,000	1,044,000,000
On-balance sheet liabilities
Long-term debt	995,000,000	1,076,000,000
Total liabilities	995,000,000	1,076,000,000
Principal amount outstanding	7,087,000,000	7,376,000,000
Trust certificates outstanding	6,000,000,000	6,300,000,000
Remaining borrowing capacity on home equity line	36,000,000	39,000,000
Home equity \| Consolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	942,000,000	991,000,000
On-balance sheet assets
Trading account assets	0	0
Debt securities carried at fair value	0	0
Loans and leases	954,000,000	1,014,000,000
Allowance for loan and lease losses	(52,000,000)	(56,000,000)
All other assets	40,000,000	33,000,000
Total assets	942,000,000	991,000,000
On-balance sheet liabilities
Long-term debt	995,000,000	1,076,000,000
Total liabilities	995,000,000	1,076,000,000
Principal amount outstanding	954,000,000	1,014,000,000
Home equity \| Unconsolidated VIEs
Variable Interest Entity [Line Items]
Maximum loss exposure	5,061,000,000	5,224,000,000
On-balance sheet assets
Trading account assets	47,000,000	14,000,000
Debt securities carried at fair value	44,000,000	39,000,000
Loans and leases	0	0
Allowance for loan and lease losses	0	0
All other assets	0	0
Total assets	91,000,000	53,000,000
On-balance sheet liabilities
Long-term debt	0	0
Total liabilities	0	0
Principal amount outstanding	$ 6,133,000,000	$ 6,362,000,000