Call reports 2008
BANK OF AMERICA, NATIONAL ASSOCIATION — 2008
What BANK OF AMERICA, NATIONAL ASSOCIATION reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 1,355,154,455,000 | 1,327,429,079,000 | 1,359,070,851,000 | 1,470,276,918,000 |
| Total loans | 686,875,114,000 | 673,621,018,000 | 668,873,020,000 | 712,320,169,000 |
| Allowance for loan losses | 6,589,662,000 | 8,341,242,000 | 9,247,050,000 | 11,115,206,000 |
| Securities available for sale | 212,657,141,000 | 241,020,677,000 | 235,300,608,000 | 258,424,071,000 |
| Securities held to maturity | 862,250,000 | 1,265,327,000 | 1,246,557,000 | 681,984,000 |
| Trading assets | 139,689,232,000 | 110,930,638,000 | 130,646,697,000 | 130,519,836,000 |
| Total deposits | 645,019,922,000 | 642,252,215,000 | 672,067,377,000 | 754,919,971,000 |
| Interest-bearing deposits | 459,427,296,000 | 452,611,233,000 | 479,861,964,000 | 536,943,921,000 |
| Noninterest-bearing deposits | 185,592,626,000 | 189,640,982,000 | 192,205,413,000 | 217,976,050,000 |
| Equity capital | 111,146,525,000 | 108,738,653,000 | 113,770,008,000 | 132,838,001,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 14,736,325,000 | 28,525,656,000 | 41,830,930,000 | 57,879,760,000 |
| Interest expense | 8,012,086,000 | 14,308,438,000 | 20,540,719,000 | 27,175,371,000 |
| Net interest income | 6,724,239,000 | 14,217,218,000 | 21,290,211,000 | 30,704,389,000 |
| Noninterest income | 4,230,793,000 | 10,546,932,000 | 18,003,167,000 | 21,413,618,000 |
| Noninterest expense | 6,360,058,000 | 13,253,941,000 | 20,300,811,000 | 29,098,139,000 |
| Provision for loan losses | 2,879,393,000 | 6,121,078,000 | 8,776,872,000 | 13,103,595,000 |
| Pretax income | 1,791,008,000 | 5,112,842,000 | 9,120,811,000 | 8,245,083,000 |
| Income tax | 589,744,000 | 1,720,983,000 | 2,918,319,000 | 2,350,491,000 |
| Net income | 1,201,264,000 | 3,391,859,000 | 6,202,492,000 | 5,894,592,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 75,952,191,000 | 76,178,305,000 | 80,063,607,000 | 88,979,017,000 |
| Total capital | 102,746,113,000 | 104,723,917,000 | 111,485,437,000 | 122,392,210,000 |
| Risk-weighted assets | 956,622,607,000 | 959,019,622,000 | 953,767,573,000 | 1,049,133,732,000 |