Bank of America 2011 Annual Report Download - page 139

Bank of America 2011 137
Table XV Five Year Reconciliations to GAAP Financial Measures (1)
(Dollars in millions, except per share information)
Reconciliation of net interest income to net interest income on a fully taxable-equivalent basis
Net interest income
Fully taxable-equivalent adjustment
Net interest income on a fully taxable-equivalent basis
Reconciliation of total revenue, net of interest expense to total revenue, net of interest expense on a fully
taxable-equivalent basis
Total revenue, net of interest expense
Fully taxable-equivalent adjustment
Total revenue, net of interest expense on a fully taxable-equivalent basis
Reconciliation of total noninterest expense to total noninterest expense, excluding goodwill impairment
charges
Total noninterest expense
Goodwill impairment charges
Total noninterest expense, excluding goodwill impairment charges
Reconciliation of income tax expense (benefit) to income tax expense (benefit) on a fully taxable-equivalent
basis
Income tax expense (benefit)
Fully taxable-equivalent adjustment
Income tax expense (benefit) on a fully taxable-equivalent basis
Reconciliation of net income (loss) to net income, excluding goodwill impairment charges
Net income (loss)
Goodwill impairment charges
Net income, excluding goodwill impairment charges
Reconciliation of net income (loss) applicable to common shareholders to net income (loss) applicable to
common shareholders, excluding goodwill impairment charges
Net income (loss) applicable to common shareholders
Goodwill impairment charges
Net income (loss) applicable to common shareholders, excluding goodwill impairment charges
Reconciliation of average common shareholders’ equity to average tangible common shareholders’ equity
Common shareholders’ equity
Common Equivalent Securities
Goodwill
Intangible assets (excluding MSRs)
Related deferred tax liabilities
Tangible common shareholders’ equity
Reconciliation of average shareholders’ equity to average tangible shareholders’ equity
Shareholders’ equity
Goodwill
Intangible assets (excluding MSRs)
Related deferred tax liabilities
Tangible shareholders’ equity
Reconciliation of year-end common shareholders’ equity to year-end tangible common shareholders’ equity
Common shareholders’ equity
Common Equivalent Securities
Goodwill
Intangible assets (excluding MSRs)
Related deferred tax liabilities
Tangible common shareholders’ equity
Reconciliation of year-end shareholders’ equity to year-end tangible shareholders’ equity
Shareholders’ equity
Goodwill
Intangible assets (excluding MSRs)
Related deferred tax liabilities
Tangible shareholders’ equity
Reconciliation of year-end assets to year-end tangible assets
Assets
Goodwill
Intangible assets (excluding MSRs)
Related deferred tax liabilities
Tangible assets
Reconciliation of year-end common shares outstanding to year-end tangible common shares outstanding
Common shares outstanding
Assumed conversion of common equivalent shares (2)
Tangible common shares outstanding
2011
$ 44,616
972
$ 45,588
$ 93,454
972
$ 94,426
$ 80,274
(3,184)
$ 77,090
$ (1,676)
972
$ (704)
$ 1,446
3,184
$ 4,630
$85
3,184
$ 3,269
$ 211,709
—
(72,334)
(9,180)
2,898
$ 133,093
$ 229,095
(72,334)
(9,180)
2,898
$ 150,479
$ 211,704
—
(69,967)
(8,021)
2,702
$ 136,418
$ 230,101
(69,967)
(8,021)
2,702
$ 154,815
$ 2,129,046
(69,967)
(8,021)
2,702
$ 2,053,760
10,535,938
—
10,535,938
2010
$ 51,523
1,170
$ 52,693
$ 110,220
1,170
$ 111,390
$ 83,108
(12,400)
$ 70,708
$ 915
1,170
$ 2,085
$ (2,238)
12,400
$ 10,162
$ (3,595)
12,400
$ 8,805
$ 212,686
2,900
(82,600)
(10,985)
3,306
$ 125,307
$ 233,235
(82,600)
(10,985)
3,306
$ 142,956
$ 211,686
—
(73,861)
(9,923)
3,036
$130,938
$ 228,248
(73,861)
(9,923)
3,036
$ 147,500
$ 2,264,909
(73,861)
(9,923)
3,036
$ 2,184,161
10,085,155
—
10,085,155
2009
$ 47,109
1,301
$ 48,410
$ 119,643
1,301
$ 120,944
$ 66,713
—
$ 66,713
$ (1,916)
1,301
$ (615)
$ 6,276
—
$ 6,276
$ (2,204)
—
$ (2,204)
$ 182,288
1,213
(86,034)
(12,220)
3,831
$ 89,078
$ 244,645
(86,034)
(12,220)
3,831
$ 150,222
$ 194,236
19,244
(86,314)
(12,026)
3,498
$ 118,638
$ 231,444
(86,314)
(12,026)
3,498
$ 136,602
$ 2,230,232
(86,314)
(12,026)
3,498
$ 2,135,390
8,650,244
1,286,000
9,936,244
2008
$45,360
1,194
$46,554
$72,782
1,194
$73,976
$41,529
—
$41,529
$420
1,194
$ 1,614
$ 4,008
—
$ 4,008
$2,556
—
$ 2,556
$ 141,638
—
(79,827)
(9,502)
1,782
$54,091
$ 164,831
(79,827)
(9,502)
1,782
$77,284
$ 139,351
—
(81,934)
(8,535)
1,854
$50,736
$ 177,052
(81,934)
(8,535)
1,854
$88,437
$1,817,943
(81,934)
(8,535)
1,854
$1,729,328
5,017,436
—
5,017,436
2007
$34,441
1,749
$36,190
$66,833
1,749
$68,582
$37,524
—
$37,524
$5,942
1,749
$7,691
$14,982
—
$14,982
$14,800
—
$14,800
$133,555
—
(69,333)
(9,566)
1,845
$56,501
$136,662
(69,333)
(9,566)
1,845
$59,608
$142,394
—
(77,530)
(10,296)
1,855
$56,423
$146,803
(77,530)
(10,296)
1,855
$60,832
$1,715,746
(77,530)
(10,296)
1,855
$1,629,775
4,437,885
—
4,437,885
(1) Presents reconciliations of non-GAAP financial measures to GAAP financial measures. We believe the use of these non-GAAP financial measures provides additional clarity in assessing the results
of the Corporation. Other companies may define or calculate non-GAAP financial measures differently. For more information on non-GAAP financial measures and ratios we use in assessing the results
of the Corporation, see Supplemental Financial Data on page 32.
(2) On February 24, 2010, the common equivalent shares converted into common shares.