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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover Page
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Principles 10Q (Policies)
Notes Tables
Notes Details
Uncategorized
- Uncategorized Items - bac-0331202010xq.htm

Outstanding Loans and Leases - Commercial Loans - Impaired Loans (Details)

v3.20.1

Outstanding Loans and Leases - Commercial Loans - Impaired Loans (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Financing Receivable, Impaired [Line Items]
Loans held-for-sale	$ 7,862		$ 9,158
Proceeds from sales and paydowns of loans originally classified as LHFS	7,500	$ 7,900
Originations and purchases	6,078	$ 3,566
Accrued interest receivable	2,500		2,600
Credit card lines
Financing Receivable, Impaired [Line Items]
Interest and fee income	165
Residential mortgage, home equity, direct and indirect consumer and commercial financing receivable \| Nonperforming Loans
Financing Receivable, Impaired [Line Items]
Interest and fee income	10
Commercial portfolio
Financing Receivable, Impaired [Line Items]
Lending commitments	$ 486		$ 445

- Definition

Interest, dividends, rents, ancillary and other revenues earned but not yet received by the entity on its investments.

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Interest and fee income generated from consumer loans. Consumer loans are loans to individuals for household, family, and other personal expenditures. Such loans include residential mortgages, home equity lines-of-credit, automobiles and marine transport loans, credit card transactions, and others.

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The cash inflow from sale proceeds and collection of repayments from borrowers on loans classified as held-for-sale, including proceeds from loans sold through mortgage securitization; includes mortgages and other types of loans.

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