Bank of America 2014 Annual Report Download - page 30

28 Bank of America 2014
Table 7 Five-year Summary of Selected Financial Data (continued)
(Dollars in millions) 2014 2013 2012 2011 2010
Average balance sheet
Total loans and leases $ 903,901 $ 918,641 $ 898,768 $ 938,096 $ 958,331
Total assets 2,145,590 2,163,513 2,191,356 2,296,322 2,439,606
Total deposits 1,124,207 1,089,735 1,047,782 1,035,802 988,586
Long-term debt 253,607 263,417 316,393 421,229 490,497
Common shareholders’ equity 223,066 218,468 216,996 211,709 212,686
Total shareholders’ equity 238,476 233,947 235,677 229,095 233,235
Asset quality (3)
Allowance for credit losses (4) $ 14,947 $ 17,912 $ 24,692 $ 34,497 $ 43,073
Nonperforming loans, leases and foreclosed properties (5) 12,629 17,772 23,555 27,708 32,664
Allowance for loan and lease losses as a percentage of total loans and leases
outstanding (5) 1.65%1.90% 2.69% 3.68% 4.47%
Allowance for loan and lease losses as a percentage of total nonperforming loans and
leases (5) 121 102 107 135 136
Allowance for loan and lease losses as a percentage of total nonperforming loans and
leases, excluding the PCI loan portfolio (5) 107 87 82 101 116
Amounts included in allowance for loan and lease losses for loans and leases that are
excluded from nonperforming loans and leases (6) $ 5,944 $ 7,680 $ 12,021 $ 17,490 $ 22,908
Allowance for loan and lease losses as a percentage of total nonperforming loans and
leases, excluding the allowance for loan and lease losses for loans and leases that are
excluded from nonperforming loans and leases (5, 6) 71% 57% 54% 65% 62%
Net charge-offs (7) $ 4,383 $ 7,897 $ 14,908 $ 20,833 $ 34,334
Net charge-offs as a percentage of average loans and leases outstanding (5, 7) 0.49%0.87% 1.67% 2.24% 3.60%
Net charge-offs as a percentage of average loans and leases outstanding, excluding the
PCI loan portfolio (5) 0.50 0.90 1.73 2.32 3.73
Net charge-offs and PCI write-offs as a percentage of average loans and leases
outstanding (5, 8) 0.58 1.13 1.99 2.24 3.60
Nonperforming loans and leases as a percentage of total loans and leases
outstanding (5) 1.37 1.87 2.52 2.74 3.27
Nonperforming loans, leases and foreclosed properties as a percentage of total loans,
leases and foreclosed properties (5) 1.45 1.93 2.62 3.01 3.48
Ratio of the allowance for loan and lease losses at December 31 to net charge-offs (7) 3.29 2.21 1.62 1.62 1.22
Ratio of the allowance for loan and lease losses at December 31 to net charge-offs,
excluding the PCI loan portfolio 2.91 1.89 1.25 1.22 1.04
Ratio of the allowance for loan and lease losses at December 31 to net charge-offs and
PCI write-offs (8) 2.78 1.70 1.36 1.62 1.22
Capital ratios at year end (9)
Risk-based capital:
Common equity tier 1 capital 12.3%n/a n/a n/a n/a
Tier 1 common capital n/a 10.9% 10.8% 9.7% 8.5%
Tier 1 capital 13.4 12.2 12.7 12.2 11.1
Total capital 16.5 15.1 16.1 16.6 15.7
Tier 1 leverage 8.2 7.7 7.2 7.4 7.1
Tangible equity (2) 8.4 7.9 7.6 7.5 6.8
Tangible common equity (2) 7.5 7.2 6.7 6.6 6.0
For footnotes see page 27.