Bank of America 2011 Annual Report Download - page 138

136 Bank of America 2011
Table XIV Quarterly Supplemental Financial Data (1)
(Dollars in millions, except per share information)
Fully taxable-equivalent basis data
Net interest income
Total revenue, net of interest expense
Net interest yield (2)
Efficiency ratio
Performance ratios, excluding goodwill impairment charges (3)
Per common share information
Earnings (loss)
Diluted earnings (loss)
Efficiency ratio
Return on average assets
Four quarter trailing return on average assets (4)
Return on average common shareholders’ equity
Return on average tangible common shareholders’ equity
Return on average tangible shareholders’ equity
2011 Quarters
Fourth
$ 10,959
25,146
2.45%
77.64
$ 0.21
0.20
75.33%
0.46
0.20
4.10
6.46
6.72
Third
$ 10,739
28,702
2.32%
61.37
Second
$ 11,493
13,483
2.50%
n/m
$ (0.65)
(0.65)
n/m
n/m
n/m
n/m
n/m
n/m
First
$ 12,397
27,095
2.67%
74.86
2010 Quarters
Fourth
$ 12,709
22,668
2.69%
92.04
$ 0.04
0.04
83.22%
0.13
0.42
0.79
1.27
1.96
Third
$ 12,717
26,982
2.72%
100.87
$ 0.27
0.27
62.33%
0.52
0.38
5.06
8.67
8.54
Second
$ 13,197
29,450
2.77%
58.58
First
$ 14,070
32,290
2.93%
55.05
(1) Supplemental financial data on a FTE basis and performance measures and ratios excluding the impact of goodwill impairment charges are non-GAAP financial measures. Other companies may
define or calculate these measures differently. For additional information on these performance measures and ratios, see Supplemental Financial Data on page 32 and for corresponding reconciliations
to GAAP financial measures, see Table XVII.
(2) Calculation includes fees earned on overnight deposits placed with the Federal Reserve of $36 million, $38 million, $49 million and $63 million for the fourth, third, second and first quarters of
2011, and $63 million, $107 million, $106 million and $92 million for the fourth, third, second and first quarters of 2010, respectively.
(3) Performance ratios are calculated excluding the impact of the goodwill impairment charges of $581 million and $2.6 billion recorded during the fourth and second quarters of 2011 and $2.0 billion
and $10.4 billion recorded during the fourth and third quarters of 2010, respectively.
(4) Calculated as total net income for four consecutive quarters divided by average assets for the period.
n/m = not meaningful