Bank of America 2010 Annual Report Download - page 144

Download and view the complete annual report

Please find page 144 of the 2010 Bank of America annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 252

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252

Bank of America Corporation and Subsidiaries
Consolidated Balance Sheet
(Dollars in millions)
2010 2009
December 31
Assets
Cash and cash equivalents
$ 108,427
$121,339
Time deposits placed and other short-term investments
26,433
24,202
Federal funds sold and securities borrowed or purchased under agreements to resell (includes
$78,599 and $57,775 measured at fair value
and $209,249 and $189,844 pledged as collateral)
209,616
189,933
Trading account assets (includes
$28,093 and $30,921 pledged as collateral)
194,671
182,206
Derivative assets
73,000
87,622
Debt securities:
Available-for-sale (includes
$99,925 and $122,708 pledged as collateral)
337,627
301,601
Held-to-maturity, at cost (fair value –
$427 and $9,684)
427
9,840
Total debt securities
338,054
311,441
Loans and leases (includes
$3,321 and $4,936 measured at fair value and $91,730 and $118,113 pledged as collateral)
940,440
900,128
Allowance for loan and lease losses
(41,885)
(37,200)
Loans and leases, net of allowance
898,555
862,928
Premises and equipment, net
14,306
15,500
Mortgage servicing rights (includes
$14,900 and $19,465 measured at fair value)
15,177
19,774
Goodwill
73,861
86,314
Intangible assets
9,923
12,026
Loans held-for-sale (includes
$25,942 and $32,795 measured at fair value)
35,058
43,874
Customer and other receivables
85,704
81,996
Other assets (includes
$70,531 and $55,909 measured at fair value)
182,124
191,077
Total assets
$2,264,909
$2,230,232
Assets of consolidated VIEs included in total assets above (substantially all pledged as collateral)
Trading account assets
$19,627
Derivative assets
2,027
Available-for-sale debt securities
2,601
Loans and leases
145,469
Allowance for loan and lease losses
(8,935)
Loans and leases, net of allowance
136,534
Loans held-for-sale
1,953
All other assets
7,086
Total assets of consolidated VIEs
$ 169,828
See accompanying Notes to Consolidated Financial Statements.
142 Bank of America 2010