Quarterly report pursuant to Section 13 or 15(d)

Allowance for Credit Losses (Details)

v2.4.0.6
Allowance for Credit Losses (Details) (USD $)
In Millions, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Allowance for Loan and Lease Losses [Roll Forward]        
Allowance for Loan and Lease Losses, beginning balance $ 30,288 $ 37,312 $ 33,783 $ 41,885
Loans and Leases Charged Off (4,693) (5,948) (13,884) (19,451)
Recoveries of Loans and Leases Previously Charged Off 571 862 2,080 2,672
Net Charge-Offs (4,122) (5,086) (11,804) (16,779)
Provision for Loan and Lease Losses 1,810 3,474 6,107 10,650
Purchased Credit Impaired Loans, Write Offs 1,705   1,705  
Other (38) [1] (618) [1] (148) [1] 674 [1]
Allowance for Loan and Lease Losses, September 30 26,233 35,082 26,233 35,082
Reserve For Unfunded Lending Commitments, beginning balance 574 897 714 1,188
Provision for unfunded lending commitments (36) (67) (142) (174)
Other (20) [2] (40) [2] (54) [2] (224) [2]
Reserve For Unfunded Lending Commitments, September 30 518 790 518 790
Allowance For Credit Losses, September 30 26,751 35,872 26,751 35,872
Home Loans [Member]
        
Allowance for Loan and Lease Losses [Roll Forward]        
Allowance for Loan and Lease Losses, beginning balance 19,964 20,953 21,079 19,252
Loans and Leases Charged Off (2,480) (2,325) (6,256) (7,187)
Recoveries of Loans and Leases Previously Charged Off 137 220 400 585
Net Charge-Offs (2,343) (2,105) (5,856) (6,602)
Provision for Loan and Lease Losses 617 1,958 3,061 8,155
Purchased Credit Impaired Loans, Write Offs (1,705)   (1,705)  
Other 1 [1] (74) [1] (45) [1] 73 [1]
Allowance for Loan and Lease Losses, September 30 16,534 20,732 16,534 20,732
Reserve For Unfunded Lending Commitments, beginning balance   0   0
Provision for unfunded lending commitments   0   0
Other   0 [2]   0 [2]
Reserve For Unfunded Lending Commitments, September 30   0   0
Allowance For Credit Losses, September 30 16,534 20,732 16,534 20,732
Credit Card and Other Consumer [Member]
        
Allowance for Loan and Lease Losses [Roll Forward]        
Allowance for Loan and Lease Losses, beginning balance 7,024 10,931 8,569 15,463
Loans and Leases Charged Off (1,721) (2,813) (5,983) (9,789)
Recoveries of Loans and Leases Previously Charged Off 294 443 1,131 1,409
Net Charge-Offs (1,427) (2,370) (4,852) (8,380)
Provision for Loan and Lease Losses 960 1,508 2,893 3,016
Purchased Credit Impaired Loans, Write Offs 0   0  
Other (36) [1] (544) [1] (89) [1] 574 [1]
Allowance for Loan and Lease Losses, September 30 6,521 9,525 6,521 9,525
Reserve For Unfunded Lending Commitments, beginning balance   0   0
Provision for unfunded lending commitments   0   0
Other   0 [2]   0 [2]
Reserve For Unfunded Lending Commitments, September 30   0   0
Allowance For Credit Losses, September 30 6,521 9,525 6,521 9,525
Commercial [Member]
        
Allowance for Loan and Lease Losses [Roll Forward]        
Allowance for Loan and Lease Losses, beginning balance 3,300 5,428 4,135 7,170
Loans and Leases Charged Off (492) (810) (1,645) (2,475)
Recoveries of Loans and Leases Previously Charged Off 140 199 549 678
Net Charge-Offs (352) (611) (1,096) (1,797)
Provision for Loan and Lease Losses 233 8 153 (521)
Purchased Credit Impaired Loans, Write Offs 0   0  
Other (3) [1] 0 [1] (14) [1] 27 [1]
Allowance for Loan and Lease Losses, September 30 3,178 4,825 3,178 4,825
Reserve For Unfunded Lending Commitments, beginning balance 574 897 714 1,188
Provision for unfunded lending commitments (36) (67) (142) (174)
Other (20) [2] (40) [2] (54) [2] (224) [2]
Reserve For Unfunded Lending Commitments, September 30 518 790 518 790
Allowance For Credit Losses, September 30 $ 3,696 $ 5,615 $ 3,696 $ 5,615
[1] Represents primarily the impact of portfolio sales, deconsolidations and foreign currency translation adjustments.
[2] Represents primarily accretion of the Merrill Lynch purchase accounting adjustment and the impact of funding previously unfunded positions.