Bank of America 2012 Annual Report Download - page 32

30 Bank of America 2012
Table 7 Five Year Summary of Selected Financial Data (continued)
(Dollars in millions) 2012 2011 2010 2009 2008
Average balance sheet
Total loans and leases $ 898,768 $ 938,096 $ 958,331 $ 948,805 $ 910,871
Total assets 2,191,356 2,296,322 2,439,606 2,443,068 1,843,985
Total deposits 1,047,782 1,035,802 988,586 980,966 831,157
Long-term debt 316,393 421,229 490,497 446,634 231,235
Common shareholders’ equity 216,996 211,709 212,686 182,288 141,638
Total shareholders’ equity 235,677 229,095 233,235 244,645 164,831
Asset quality (4)
Allowance for credit losses (5) $ 24,692 $ 34,497 $ 43,073 $ 38,687 $ 23,492
Nonperforming loans, leases and foreclosed properties (6) 23,555 27,708 32,664 35,747 18,212
Allowance for loan and lease losses as a percentage of total loans and leases
outstanding (6) 2.69%3.68% 4.47% 4.16% 2.49%
Allowance for loan and lease losses as a percentage of total nonperforming loans and
leases (6) 107 135 136 111 141
Allowance for loan and lease losses as a percentage of total nonperforming loans and
leases, excluding the PCI loan portfolio (6) 82 101 116 99 136
Amounts included in allowance that are excluded from nonperforming loans and leases (7) $ 12,021 $ 17,490 $ 22,908 $ 17,690 $ 11,679
Allowance as a percentage of total nonperforming loans and leases, excluding amounts
included in the allowance that are excluded from nonperforming loans and leases (7) 54% 65% 62% 58% 70%
Net charge-offs (8) $ 14,908 $ 20,833 $ 34,334 $ 33,688 $ 16,231
Net charge-offs as a percentage of average loans and leases outstanding (6, 8) 1.67%2.24% 3.60% 3.58% 1.79%
Net charge-offs as a percentage of average loans and leases outstanding, excluding the
PCI loan portfolio (6) 1.73 2.32 3.73 3.71 1.83
Net charge-offs and PCI write-offs as a percentage of average loans and leases
outstanding (6, 9) 1.99 2.24 3.60 3.58 1.79
Nonperforming loans and leases as a percentage of total loans and leases
outstanding (6) 2.52 2.74 3.27 3.75 1.77
Nonperforming loans, leases and foreclosed properties as a percentage of total loans,
leases and foreclosed properties (6) 2.62 3.01 3.48 3.98 1.96
Ratio of the allowance for loan and lease losses at December 31 to net charge-offs (8) 1.62 1.62 1.22 1.10 1.42
Ratio of the allowance for loan and lease losses at December 31 to net charge-offs,
excluding the PCI loan portfolio 1.25 1.22 1.04 1.00 1.38
Ratio of the allowance for loan and lease losses at December 31 to net charge-offs and
PCI write-offs (9) 1.36 1.62 1.22 1.10 1.42
Capital ratios (year end)
Risk-based capital:
Tier 1 common 11.06% 9.86% 8.60% 7.81% 4.80%
Tier 1 12.89 12.40 11.24 10.40 9.15
Total 16.31 16.75 15.77 14.66 13.00
Tier 1 leverage 7.37 7.53 7.21 6.88 6.44
Tangible equity (3) 7.62 7.54 6.75 6.40 5.11
Tangible common equity (3) 6.74 6.64 5.99 5.56 2.93
For footnotes see page 29.