BANK OF AMERICA CORP DE

For the period ended Dec 31, 2023. Filed Feb 20, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 20, 2024

BAC$50.68+0.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Loan and Lease Contractual Maturities

Table 38 disaggregates total outstanding loans and leases by remaining scheduled principal due dates and interest rates. The amounts provided do not reflect prepayment assumptions or hedging activities related to the loan portfolio. For information on the asset sensitivity of our total banking book balance sheet, see Interest Rate Risk Management for the Banking Book on page 77.

Table 38 · Loan and Lease Contractual Maturities (1)
(Dollars in millions)	Due in OneYear or Less	Due After One Year Through Five Years	Due After Five Years Through 15 Years	Due After 15 Years	Total
Residential mortgage	$5,675	$32,850	$95,399	$94,545	$228,469
Home equity	186	1,092	4,038	20,388	25,704
Credit card	102,200	—	—	—	102,200
Direct/Indirect consumer	61,888	35,663	4,941	976	103,468
Other consumer	124	—	—	—	124
Total consumer loans	170,073	69,605	104,378	115,909	459,965
U.S. commercial	105,690	233,802	19,659	1,935	361,086
Non-U.S. commercial	44,473	55,782	24,255	1,242	125,752
Commercial real estate	29,335	41,819	864	860	72,878
Commercial lease financing	3,234	9,112	1,052	1,456	14,854
U.S. small business commercial	11,764	4,459	2,878	96	19,197
Total commercial loans	194,496	344,974	48,708	5,589	593,767
Total loans and leases	$364,569	$414,579	$153,086	$121,498	$1,053,732
Amount due in one year or less at: · Amount due after one year at:
(Dollars in millions)	Variable Interest Rates	Fixed Interest Rates	Variable Interest Rates	Fixed Interest Rates	Total
Residential mortgage	$999	$4,676	$84,230	$138,564	$228,469
Home equity	161	25	21,871	3,647	25,704
Credit card	97,627	4,573	—	—	102,200
Direct/Indirect consumer	42,832	19,056	2,321	39,259	103,468
Other consumer	2	122	—	—	124
Total consumer loans	141,621	28,452	108,422	181,470	459,965
U.S. commercial	81,546	24,144	209,912	45,484	361,086
Non-U.S. commercial	34,632	9,841	79,019	2,260	125,752
Commercial real estate	26,836	2,499	42,226	1,317	72,878
Commercial lease financing	410	2,824	1,800	9,820	14,854
U.S. small business commercial	7,089	4,675	110	7,323	19,197
Total commercial loans	150,513	43,983	333,067	66,204	593,767
Total loans and leases	$292,134	$72,435	$441,489	$247,674	$1,053,732

(1)Includes loans accounted for under the fair value option.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.