|
Consolidated Balance Sheet
Bank of America Corporation and Subsidiaries
|
| December 31
|
|
| (Dollars in millions) |
|
2005
|
| 2004
(Restated)
|
|
| Assets |
|
| Cash and cash equivalents |
|
$ |
36,999 |
|
|
$ |
28,936 |
|
| Time deposits placed and other short-term investments |
|
|
12,800 |
|
| 12,361 |
|
| Federal funds sold and securities purchased under agreements to resell (includes $148,299 and $91,243 pledged as
collateral) |
|
|
149,785 |
|
| 91,360 |
|
| Trading account assets (includes $68,223 and $38,929 pledged as collateral) |
|
|
131,707 |
|
| 93,587 |
|
| Derivative assets |
|
|
23,712 |
|
| 30,235 |
|
| Securities: |
|
| Available-for-sale (includes $116,659 and $45,127 pledged as collateral) |
|
|
221,556 |
|
| 194,743 |
|
| Held-to-maturity, at cost (market value—$47 and $329) |
|
|
47 |
|
| 330 |
|
|
|
|
|
|
|
|
|
| Total securities |
|
|
221,603 |
|
| 195,073 |
|
|
|
|
|
|
|
|
|
| Loans and leases |
|
|
573,791 |
|
| 521,813 |
|
| Allowance for loan and lease losses |
|
|
(8,045) |
| (8,626) |
|
|
|
|
|
|
|
|
|
| Loans and leases, net of allowance |
|
|
565,746 |
|
| 513,187 |
|
|
|
|
|
|
|
|
|
| Premises and equipment, net |
|
|
7,786 |
|
| 7,517 |
|
| Mortgage servicing rights |
|
|
2,806 |
|
| 2,481 |
|
| Goodwill |
|
|
45,354 |
|
| 45,262 |
|
| Core deposit intangibles and other intangibles |
|
|
3,194 |
|
| 3,887 |
|
| Other assets |
|
|
90,311 |
|
| 86,546 |
|
|
|
|
|
|
|
|
|
| Total assets |
|
$ |
1,291,803 |
|
|
$ |
1,110,432 |
|
|
|
|
|
|
|
|
|
| Liabilities |
|
| Deposits in domestic offices: |
|
| Noninterest-bearing |
|
$ |
179,571 |
|
|
$ |
163,833 |
|
| Interest-bearing |
|
|
384,155 |
|
| 396,645 |
|
| Deposits in foreign offices: |
|
| Noninterest-bearing |
|
|
7,165 |
|
| 6,066 |
|
| Interest-bearing |
|
|
63,779 |
|
| 52,026 |
|
|
|
|
|
|
|
|
|
| Total deposits |
|
|
634,670 |
|
| 618,570 |
|
|
|
|
|
|
|
|
|
| Federal funds purchased and securities sold under agreements to repurchase |
|
|
240,655 |
|
| 119,741 |
|
| Trading account liabilities |
|
|
50,890 |
|
| 36,654 |
|
| Derivative liabilities |
|
|
15,000 |
|
| 17,928 |
|
| Commercial paper and other short-term borrowings |
|
|
116,269 |
|
| 78,598 |
|
| Accrued expenses and other liabilities (includes $395 and $402 of reserve for unfunded lending commitments) |
|
|
31,938 |
|
| 41,590 |
|
| Long-term debt |
|
|
100,848 |
|
| 97,116 |
|
|
|
|
|
|
|
|
|
| Total liabilities |
|
|
1,190,270 |
|
| 1,010,197 |
|
|
|
|
|
|
|
|
|
| |
|
|
| Shareholders’ equity |
|
| Preferred stock, $0.01 par value; authorized—100,000,000 shares; issued and outstanding—1,090,189 shares |
|
|
271 |
|
| 271 |
|
| Common stock and additional paid-in capital, $0.01 par value; authorized—7,500,000,000 shares; issued and
outstanding—3,999,688,491 and 4,046,546,212 shares |
|
|
41,693 |
|
| 44,236 |
|
| Retained earnings |
|
|
67,552 |
|
| 58,773 |
|
| Accumulated other comprehensive income (loss) |
|
|
(7,556) |
| (2,764) |
|
| Other |
|
|
(427) |
| (281) |
|
|
|
|
|
|
|
|
|
| Total shareholders’ equity |
|
|
101,533 |
|
| 100,235 |
|
|
|
|
|
|
|
|
|
| Total liabilities and shareholders’ equity |
|
$ |
1,291,803 |
|
|
$ |
1,110,432 |
|
|
|
|
|
|
|
|
|
See accompanying Notes to Consolidated Financial Statements.
|
