Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheet

v2.4.0.8
Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents $ 98,828 $ 110,752
Time deposits placed and other short-term investments 12,916 18,694
Federal funds sold and securities borrowed or purchased under agreements to resell (includes $103,272 and $98,670 measured at fair value) 224,168 219,924
Trading account assets (includes $94,021 and $115,821 pledged as collateral) 191,234 227,775
Derivative assets 56,772 53,497
Debt securities:    
Carried at fair value (includes $60,375 and $63,349 pledged as collateral) 281,481 310,850
Held-to-maturity, at cost (fair value – $52,856 and $50,270; $21,432 and $22,461 pledged as collateral) 54,922 [1] 49,481
Total debt securities 336,403 360,331
Loans and leases (includes $9,461 and $9,002 measured at fair value and $81,174 and $50,289 pledged as collateral) 921,570 907,819
Allowance for loan and lease losses (21,235) (24,179)
Loans and leases, net of allowance 900,335 883,640
Premises and equipment, net 10,836 11,858
Mortgage servicing rights (includes $5,827 and $5,716 measured at fair value) 5,839 5,851
Goodwill 69,930 69,976
Intangible assets 6,104 6,684
Loans held-for-sale (includes $10,878 and $11,659 measured at fair value) 14,549 19,413
Customer and other receivables 67,526 71,467
Other assets (includes $21,746 and $26,490 measured at fair value) 127,880 150,112
Total assets 2,123,320 2,209,974
Deposits in U.S. offices:    
Noninterest-bearing 352,447 372,546
Interest-bearing (includes $1,978 and $2,262 measured at fair value) 654,370 654,332
Deposits in non-U.S. offices:    
Noninterest-bearing 6,920 7,573
Interest-bearing 67,046 70,810
Total deposits 1,080,783 1,105,261
Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $59,926 and $42,639 measured at fair value) 232,609 293,259
Trading account liabilities 82,381 73,587
Derivative liabilities 48,532 46,016
Short-term borrowings (includes $2,147 and $4,074 measured at fair value) 46,470 30,731
Accrued expenses and other liabilities (includes $13,302 and $16,594 measured at fair value and $474 and $513 of reserve for unfunded lending commitments) 139,033 148,579
Long-term debt (includes $46,439 and $49,161 measured at fair value) 262,480 275,585
Total liabilities 1,892,288 1,973,018
Commitments and contingencies (Note 7 – Securitizations and Other Variable Interest Entities, Note 8 – Representations and Warranties Obligations and Corporate Guarantees and Note 11 – Commitments and Contingencies)      
Shareholders' equity    
Preferred stock, $0.01 par value; authorized – 100,000,000 shares; issued and outstanding – 3,445,843 and 3,685,410 shares 14,241 18,768
Common stock and additional paid-in capital, $0.01 par value; authorized – 12,800,000,000 shares; issued and outstanding – 10,743,097,956 and 10,778,263,628 shares 157,192 158,142
Retained earnings 67,308 62,843
Accumulated other comprehensive income (loss) (7,709) (2,797)
Total shareholders' equity 231,032 236,956
Total liabilities and shareholders' equity 2,123,320 2,209,974
Variable Interest Entity, Primary Beneficiary [Member]
   
Assets    
Trading account assets (includes $94,021 and $115,821 pledged as collateral) 6,507 7,906
Derivative assets 173 333
Debt securities:    
Loans and leases (includes $9,461 and $9,002 measured at fair value and $81,174 and $50,289 pledged as collateral) 113,045 123,227
Allowance for loan and lease losses (3,157) (3,658)
Loans and leases, net of allowance 109,888 119,569
Loans held-for-sale (includes $10,878 and $11,659 measured at fair value) 1,876 1,969
Other assets (includes $21,746 and $26,490 measured at fair value) 3,927 4,654
Total assets 122,371 134,431
Deposits in non-U.S. offices:    
Short-term borrowings (includes $2,147 and $4,074 measured at fair value) 1,421 3,731
Long-term debt (includes $46,439 and $49,161 measured at fair value) 25,946 34,256
All other liabilities (includes $210 and $149 of non-recourse liabilities) 390 360
Total liabilities $ 27,757 $ 38,347
[1] Substantially all U.S. agency MBS.