Bank of America 2011 Annual Report Download - page 133

Bank of America 2011 131
Table VIII Allocation of the Allowance for Credit Losses by Product Type
(Dollars in millions)
Allowance for loan and lease losses
Residential mortgage
Home equity
Discontinued real estate
U.S. credit card
Non-U.S. credit card
Direct/Indirect consumer
Other consumer
Total consumer
U.S. commercial (1)
Commercial real estate
Commercial lease financing
Non-U.S. commercial
Total commercial (2)
Allowance for loan and lease losses
Reserve for unfunded lending commitments
Allowance for credit losses (3)
December 31
2011
Amount
$ 5,935
13,094
2,050
6,322
946
1,153
148
29,648
2,441
1,349
92
253
4,135
33,783
714
$ 34,497
Percent
of Total
17.57%
38.76
6.07
18.71
2.80
3.41
0.44
87.76
7.23
3.99
0.27
0.75
12.24
100.00%
2010
Amount
$ 5,082
12,887
1,283
10,876
2,045
2,381
161
34,715
3,576
3,137
126
331
7,170
41,885
1,188
$ 43,073
Percent
of Total
12.14%
30.77
3.06
25.97
4.88
5.68
0.38
82.88
8.54
7.49
0.30
0.79
17.12
100.00%
2009
Amount
$ 4,773
10,116
867
6,017
1,581
4,227
204
27,785
5,152
3,567
291
405
9,415
37,200
1,487
$ 38,687
Percent
of Total
12.83%
27.19
2.33
16.18
4.25
11.36
0.55
74.69
13.85
9.59
0.78
1.09
25.31
100.00%
2008
Amount
$ 1,382
5,385
658
3,947
742
4,341
203
16,658
4,339
1,465
223
386
6,413
23,071
421
$ 23,492
Percent
of Total
5.99%
23.34
2.85
17.11
3.22
18.81
0.88
72.20
18.81
6.35
0.97
1.67
27.80
100.00%
2007
Amount
$ 207
963
n/a
2,919
441
2,077
151
6,758
3,194
1,083
218
335
4,830
11,588
518
$ 12,106
Percent
of Total
1.79%
8.31
n/a
25.19
3.81
17.92
1.30
58.32
27.56
9.35
1.88
2.89
41.68
100.00%
(1) Includes allowance for U.S. small business commercial loans of $893 million, $1.5 billion, $2.4 billion, $2.4 billion and $1.4 billion at December 31, 2011, 2010, 2009, 2008 and 2007, respectively.
(2) Includes allowance for loan and lease losses for impaired commercial loans of $545 million, $1.1 billion, $1.2 billion, $691 million and $123 million at December 31, 2011, 2010, 2009, 2008 and
2007, respectively.
(3) Includes $8.5 billion, $6.4 billion, $3.9 billion and $750 million of valuation reserves presented with the allowance for credit losses related to PCI loans at December 31, 2011, 2010, 2009 and
2008, respectively.
n/a = not applicable
Table IX Selected Loan Maturity Data (1, 2)
(Dollars in millions)
U.S. commercial
U.S. commercial real estate
Non-U.S. and other (3)
Total selected loans
Percent of total
Sensitivity of selected loans to changes in interest rates for loans due after one year:
Fixed interest rates
Floating or adjustable interest rates
Total
December 31, 2011
Due in One
Year or Less
$ 57,572
14,073
53,636
$ 125,281
42%
Due After
One Year
Through
Five Years
$ 94,860
19,164
8,257
$ 122,281
41%
$ 11,480
110,801
$ 122,281
Due After
Five Years
$ 42,955
4,533
707
$48,195
17%
$ 24,553
23,642
$48,195
Total
$ 195,387
37,770
62,600
$ 295,757
100%
(1) Loan maturities are based on the remaining maturities under contractual terms.
(2) Includes loans accounted for under the fair value option.
(3) Includes other consumer, commercial real estate and non-U.S. commercial loans.