Bank of America 2013 Annual Report Download - page 152

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150 Bank of America 2013
Bank of America Corporation and Subsidiaries
Consolidated Balance Sheet
December 31
(Dollars in millions) 2013 2012
Assets
Cash and cash equivalents $ 131,322 $ 110,752
Time deposits placed and other short-term investments 11,540 18,694
Federal funds sold and securities borrowed or purchased under agreements to resell (includes $75,614 and $98,670 measured at fair
value) 190,328 219,924
Trading account assets (includes $111,817 and $115,821 pledged as collateral) 200,993 227,775
Derivative assets 47,495 53,497
Debt securities:
Carried at fair value (includes $51,408 and $63,349 pledged as collateral) 268,795 310,850
Held-to-maturity, at cost (fair value – $52,430 and $50,270; $20,869 and $22,461 pledged as collateral) 55,150 49,481
Total debt securities 323,945 360,331
Loans and leases (includes $10,042 and $9,002 measured at fair value and $74,166 and $50,289 pledged as collateral) 928,233 907,819
Allowance for loan and lease losses (17,428) (24,179)
Loans and leases, net of allowance 910,805 883,640
Premises and equipment, net 10,475 11,858
Mortgage servicing rights (includes $5,042 and $5,716 measured at fair value) 5,052 5,851
Goodwill 69,844 69,976
Intangible assets 5,574 6,684
Loans held-for-sale (includes $6,656 and $11,659 measured at fair value) 11,362 19,413
Customer and other receivables 59,448 71,467
Other assets (includes $18,055 and $26,490 measured at fair value) 124,090 150,112
Total assets $2,102,273 $ 2,209,974
Assets of consolidated variable interest entities included in total assets above (isolated to settle the liabilities of the variable interest entities)
Trading account assets $ 8,412 $ 7,906
Derivative assets 185 333
Loans and leases 109,118 123,227
Allowance for loan and lease losses (2,674)(3,658)
Loans and leases, net of allowance 106,444 119,569
Loans held-for-sale 1,384 1,969
All other assets 4,577 4,654
Total assets of consolidated variable interest entities $ 121,002 $ 134,431
See accompanying Notes to Consolidated Financial Statements.