Bank of America 2005 Annual Report Download - page 193

BANK OF AMERICA CORPORATION AND SUBSIDIARIES
Notes to Consolidated Financial Statements—(Continued)
Consolidated Balance Sheet
2005 Quarters
Fourth Third Second First
(Dollars in millions)
As
Previously
Reported(1) Restated
As
Previously
Reported Restated
As
Previously
Reported Restated
As
Previously
Reported Restated
Assets
Cash and cash equivalents ....................... $ 36,999 $ 36,999 $ 32,771 $ 32,771 $ 33,935 $ 33,935 $ 28,698 $ 28,698
Time deposits placed and other short-term
investments .................................. 12,800 12,800 11,236 11,236 9,682 9,682 11,223 11,223
Federal funds sold and securities purchased under
agreementstoresell ........................... 149,785 149,785 135,409 135,409 149,287 149,287 139,396 139,396
Trading account assets .......................... 131,707 131,707 121,256 121,256 126,658 126,658 124,960 124,960
Derivativeassets ............................... 23,712 23,712 26,005 26,005 26,019 26,019 26,182 26,182
Securities:
Available-for-sale ............................. 221,556 221,556 227,349 227,349 233,412 233,412 218,675 218,675
Held-to-maturity, at cost ....................... 47 47 136 136 174 174 275 275
Total securities ............................. 221,603 221,603 227,485 227,485 233,586 233,586 218,950 218,950
Loans and leases ................................ 573,782 573,791 554,603 554,612 529,418 529,428 529,466 529,457
Allowance for loan and lease losses ................ (8,045) (8,045) (8,326) (8,326) (8,319) (8,319) (8,313) (8,313)
Loans and leases, net of allowance ............. 565,737 565,746 546,277 546,286 521,099 521,109 521,153 521,144
Premises and equipment, net ..................... 7,786 7,786 7,659 7,659 7,602 7,602 7,531 7,531
Mortgage servicing rights ........................ 2,807 2,806 2,764 2,763 2,366 2,365 2,668 2,667
Goodwill ....................................... 45,354 45,354 45,298 45,298 45,381 45,381 45,378 45,378
Core deposit intangibles and other intangibles . . . . . . 3,194 3,194 3,356 3,356 3,472 3,472 3,679 3,679
Otherassets ................................... 90,311 90,311 92,743 92,743 87,243 87,243 82,421 82,421
Total assets ............................. $1,291,795 $1,291,803 $1,252,259 $1,252,267 $1,246,330 $1,246,339 $1,212,239 $1,212,229
Liabilities
Deposits in domestic offices:
Noninterest-bearing ........................... $ 179,571 $ 179,571 $ 174,990 $ 174,990 $ 175,427 $ 175,427 $ 166,499 $ 166,499
Interest-bearing .............................. 384,155 384,155 390,973 390,973 397,778 397,778 403,534 403,534
Deposits in foreign offices:
Noninterest-bearing ........................... 7,165 7,165 6,750 6,750 6,102 6,102 5,319 5,319
Interest-bearing .............................. 63,779 63,779 53,764 53,764 56,110 56,110 54,635 54,635
Total deposits .............................. 634,670 634,670 626,477 626,477 635,417 635,417 629,987 629,987
Federal funds purchased and securities sold under
agreements to repurchase ...................... 240,655 240,655 217,053 217,053 207,710 207,710 187,652 187,652
Trading account liabilities ........................ 50,890 50,890 51,244 51,244 61,906 61,906 53,434 53,434
Derivative liabilities ............................. 15,000 15,000 15,711 15,711 15,630 15,630 15,363 15,363
Commercial paper and other short-term
borrowings ................................... 116,269 116,269 107,655 107,655 93,763 93,763 93,440 93,440
Accrued expenses and other liabilities . . . . . . . . . . . . . 31,749 31,938 32,976 33,250 34,470 34,940 35,081 35,319
Long-term debt ................................. 101,338 100,848 99,885 99,149 96,894 95,638 98,763 98,107
Total liabilities .......................... 1,190,571 1,190,270 1,151,001 1,150,539 1,145,790 1,145,004 1,113,720 1,113,302
Commitments and contingencies (Note 9)
Shareholders’ equity
Preferred stock, $0.01 par value; authorized—
100,000,000 shares for all periods; issued and
outstanding—1,090,189 shares for all periods . . . . . 271 271 271 271 271 271 271 271
Common stock and additional paid-in capital, $0.01
par value(2,3) ................................. 41,693 41,693 42,548 42,548 42,507 42,507 43,589 43,589
Retainedearnings .............................. 67,205 67,552 65,439 65,980 63,328 64,154 60,843 61,309
Accumulated other comprehensive income (loss) ..... (7,518) (7,556) (6,509) (6,580) (4,992) (5,023) (5,559) (5,617)
Other ......................................... (427) (427) (491) (491) (574) (574) (625) (625)
Total shareholders’ equity ............... 101,224 101,533 101,258 101,728 100,540 101,335 98,519 98,927
Total liabilities and shareholders’
equity ............................... $1,291,795 $1,291,803 $1,252,259 $1,252,267 $1,246,330 $1,246,339 $1,212,239 $1,212,229
(1) The Corporation provided unaudited financial information relating to the fourth quarter of 2005 in its current report on Form 8-K
filed on January 23, 2006.
(2) Authorized—7,500,000,000 shares for the Fourth, Third, Second and First Quarters
(3) Issued and outstanding—3,999,688,491 shares, 4,013,063,444 shares, 4,016,703,839 shares and 4,035,318,509 shares for the
Fourth, Third, Second and First Quarters
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