Supplemental Information

Second Quarter 2015

This information is preliminary and based on company data available at the time of the earnings presentation. It speaks only as of the particular date or dates included in the accompanying pages. Bank of America does not undertake an obligation to, and disclaims any duty to, update any of the information provided. Any forward-looking statements in this information are subject to the forward-looking language contained in Bank of America’s reports filed with the SEC pursuant to the Securities Exchange Act of 1934, which are available at the SEC’s website (www.sec.gov) or at Bank of America’s website (www.bankofamerica.com). Bank of America’s future financial performance is subject to risks and uncertainties as described in its SEC filings.

Bank of America Corporation and Subsidiaries
Table of Contents	Page
Consolidated Financial Highlights	2
Supplemental Financial Data	3
Consolidated Statement of Income	4
Consolidated Statement of Comprehensive Income	5
Consolidated Balance Sheet	6
Capital Management	8
Regulatory Capital Reconciliations	9
Net Interest Income Excluding Trading-related Net Interest Income	10
Quarterly Average Balances and Interest Rates	11
Year-to-Date Average Balances and Interest Rates	13
Debt Securities and Available-for-Sale Marketable Equity Securities	15
Quarterly Results by Business Segment	16
Year-to-Date Results by Business Segment	18
Consumer Banking
Total Segment Results	19
Business Results	20
Key Indicators	23
Global Wealth & Investment Management
Total Segment Results	25
Key Indicators	26
Global Banking
Total Segment Results	27
Key Indicators	28
Investment Banking Product Rankings	29
Global Markets
Total Segment Results	30
Key Indicators	31
Legacy Assets & Servicing
Total Segment Results	32
Key Indicators	33
All Other
Total Results	34
Outstanding Loans and Leases	35
Quarterly Average Loans and Leases by Business Segment	36
Commercial Credit Exposure by Industry	37
Net Credit Default Protection by Maturity Profile and Credit Exposure Debt Rating	38
Top 20 Non-U.S. Countries Exposure	39
Nonperforming Loans, Leases and Foreclosed Properties	40
Nonperforming Loans, Leases and Foreclosed Properties Activity	41
Quarterly Net Charge-offs and Net Charge-off Ratios	42
Year-to-Date Net Charge-offs and Net Charge-off Ratios	43
Allocation of the Allowance for Credit Losses by Product Type	44
Exhibit A: Non-GAAP Reconciliations	45

Bank of America Corporation and Subsidiaries
Consolidated Financial Highlights
(Dollars in millions, except per share information; shares in thousands)
	Six Months Ended June 30						Second Quarter 2015			First Quarter 2015			Fourth Quarter 2014			Third Quarter 2014			Second Quarter 2014
	2015			2014
Income statement
Net interest income	$	19,939		$	20,098		$	10,488		$	9,451		$	9,635		$	10,219		$	10,013
Noninterest income	23,380			24,215			11,629			11,751			9,090			10,990			11,734
Total revenue, net of interest expense	43,319			44,313			22,117			21,202			18,725			21,209			21,747
Provision for credit losses	1,545			1,420			780			765			219			636			411
Noninterest expense	29,513			40,779			13,818			15,695			14,196			20,142			18,541
Income tax expense	3,584			99			2,199			1,385			1,260			663			504
Net income (loss)	8,677			2,015			5,320			3,357			3,050			(232		)	2,291
Preferred stock dividends	712			494			330			382			312			238			256
Net income (loss) applicable to common shareholders	7,965			1,521			4,990			2,975			2,738			(470		)	2,035
Diluted earnings (loss) per common share (1)	0.72			0.14			0.45			0.27			0.25			(0.04		)	0.19
Average diluted common shares issued and outstanding (1)	11,252,417			10,599,641			11,238,060			11,266,511			11,273,773			10,515,790			11,265,123
Dividends paid per common share	$	0.10		$	0.02		$	0.05		$	0.05		$	0.05		$	0.05		$	0.01
Performance ratios
Return on average assets	0.82		%	0.19		%	0.99		%	0.64		%	0.57		%	n/m			0.42		%
Return on average common shareholders' equity	7.07			1.38			8.75			5.35			4.84			n/m			3.68
Return on average tangible common shareholders' equity (2)	10.38			2.05			12.78			7.88			7.15			n/m			5.47
Return on average tangible shareholders' equity (2)	9.93			2.49			11.93			7.85			7.08			n/m			5.64
At period end
Book value per share of common stock	$	21.91		$	21.16		$	21.91		$	21.66		$	21.32		$	20.99		$	21.16
Tangible book value per share of common stock (2)	15.02			14.24			15.02			14.79			14.43			14.09			14.24
Market price per share of common stock:
Closing price	$	17.02		$	15.37		$	17.02		$	15.39		$	17.89		$	17.05		$	15.37
High closing price for the period	17.90			17.92			17.67			17.90			18.13			17.18			17.34
Low closing price for the period	15.15			14.51			15.41			15.15			15.76			14.98			14.51
Market capitalization	178,231			161,628			178,231			161,909			188,141			179,296			161,628
Number of financial centers - U.S.	4,789			5,023			4,789			4,835			4,855			4,947			5,023
Number of branded ATMs - U.S.	15,992			15,973			15,992			15,903			15,834			15,671			15,973
Full-time equivalent employees	216,679			233,201			216,679			219,658			223,715			229,538			233,201

⁽¹⁾  The diluted earnings (loss) per common share excludes the effect of any equity instruments that are antidilutive to earnings per share. There were no potential common shares that were dilutive in the third quarter of 2014 because of the net loss applicable to common shareholders.

⁽²⁾  Tangible equity ratios and tangible book value per share of common stock are non-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. (See Exhibit A: Non-GAAP Reconciliations - Reconciliations to GAAP Financial Measures on pages 45-48.)

n/m = not meaningful

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 2

Bank of America Corporation and Subsidiaries
Supplemental Financial Data
(Dollars in millions)
Fully taxable-equivalent (FTE) basis data(1)
	Six Months Ended June 30						Second Quarter 2015			First Quarter 2015			Fourth Quarter 2014			Third Quarter 2014			Second Quarter 2014
	2015			2014
Net interest income	$	20,386		$	20,512		$	10,716		$	9,670		$	9,865		$	10,444		$	10,226
Total revenue, net of interest expense	43,766			44,727			22,345			21,421			18,955			21,434			21,960
Net interest yield	2.27		%	2.26		%	2.37		%	2.17		%	2.18		%	2.29		%	2.22		%
Efficiency ratio	67.43			91.17			61.84			73.27			74.90			93.97			84.43

⁽¹⁾  FTE basis is a non-GAAP financial measure. FTE basis is a performance measure used by management in operating the business that management believes provides investors with a more accurate picture of the interest margin for comparative purposes. (See Exhibit A: Non-GAAP Reconciliations - Reconciliations to GAAP Financial Measures on pages 45-48.)

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 3

Bank of America Corporation and Subsidiaries
Consolidated Statement of Income
(Dollars in millions, except per share information; shares in thousands)
	Six Months Ended June 30				Second Quarter 2015		First Quarter 2015		Fourth Quarter 2014			Third Quarter 2014			Second Quarter 2014
	2015		2014
Interest income
Loans and leases	$	16,014	$	17,395	$	7,978	$	8,036	$	8,377		$	8,535		$	8,635
Debt securities	4,957		4,121		3,070		1,887		1,675			2,225			2,124
Federal funds sold and securities borrowed or purchased under agreements to resell	499		562		268		231		238			239			297
Trading account assets	2,157		2,352		1,074		1,083		1,098			1,111			1,175
Other interest income	1,468		1,446		742		726		764			748			710
Total interest income	25,095		25,876		13,132		11,963		12,152			12,858			12,941
Interest expense
Deposits	436		573		216		220		237			270			282
Short-term borrowings	1,271		1,372		686		585		615			591			763
Trading account liabilities	729		833		335		394		351			392			398
Long-term debt	2,720		3,000		1,407		1,313		1,314			1,386			1,485
Total interest expense	5,156		5,778		2,644		2,512		2,517			2,639			2,928
Net interest income	19,939		20,098		10,488		9,451		9,635			10,219			10,013
Noninterest income
Card income	2,871		2,834		1,477		1,394		1,610			1,500			1,441
Service charges	3,621		3,692		1,857		1,764		1,844			1,907			1,866
Investment and brokerage services	6,765		6,560		3,387		3,378		3,397			3,327			3,291
Investment banking income	3,013		3,173		1,526		1,487		1,541			1,351			1,631
Equity investment income (loss)	115		1,141		88		27		(20		)	9			357
Trading account profits	3,894		4,299		1,647		2,247		111			1,899			1,832
Mortgage banking income	1,695		939		1,001		694		352			272			527
Gains on sales of debt securities	436		759		168		268		163			432			382
Other income	970		818		478		492		92			293			407
Total noninterest income	23,380		24,215		11,629		11,751		9,090			10,990			11,734
Total revenue, net of interest expense	43,319		44,313		22,117		21,202		18,725			21,209			21,747
Provision for credit losses	1,545		1,420		780		765		219			636			411
Noninterest expense
Personnel	17,504		18,055		7,890		9,614		7,693			8,039			8,306
Occupancy	2,054		2,194		1,027		1,027		996			1,070			1,079
Equipment	1,012		1,080		500		512		531			514			534
Marketing	885		892		445		440		491			446			450
Professional fees	915		1,184		494		421		677			611			626
Amortization of intangibles	425		474		212		213		228			234			235
Data processing	1,567		1,594		715		852		796			754			761
Telecommunications	373		694		202		171		254			311			324
Other general operating	4,778		14,612		2,333		2,445		2,530			8,163			6,226
Total noninterest expense	29,513		40,779		13,818		15,695		14,196			20,142			18,541
Income before income taxes	12,261		2,114		7,519		4,742		4,310			431			2,795
Income tax expense	3,584		99		2,199		1,385		1,260			663			504
Net income (loss)	$	8,677	$	2,015	$	5,320	$	3,357	$	3,050		$	(232	)	$	2,291
Preferred stock dividends	712		494		330		382		312			238			256
Net income (loss) applicable to common shareholders	$	7,965	$	1,521	$	4,990	$	2,975	$	2,738		$	(470	)	$	2,035
Per common share information
Earnings (loss)	$	0.76	$	0.14	$	0.48	$	0.28	$	0.26		$	(0.04	)	$	0.19
Diluted earnings (loss) (1)	0.72		0.14		0.45		0.27		0.25			(0.04		)	0.19
Dividends paid	0.10		0.02		0.05		0.05		0.05			0.05			0.01
Average common shares issued and outstanding	10,503,379		10,539,769		10,488,137		10,518,790		10,516,334			10,515,790			10,519,359
Average diluted common shares issued and outstanding (1)	11,252,417		10,599,641		11,238,060		11,266,511		11,273,773			10,515,790			11,265,123

⁽¹⁾  The diluted earnings (loss) per common share excludes the effect of any equity instruments that are antidilutive to earnings per share. There were no potential common shares that were dilutive in the third quarter of 2014 because of the net loss applicable to common shareholders.

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 4

Bank of America Corporation and Subsidiaries
Consolidated Statement of Comprehensive Income
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2015			First Quarter 2015			Fourth Quarter 2014			Third Quarter 2014			Second Quarter 2014
	2015			2014
Net income (loss)	$	8,677		$	2,015		$	5,320		$	3,357		$	3,050		$	(232	)	$	2,291
Other comprehensive income (loss), net-of-tax:
Net change in available-for-sale debt and marketable equity securities	(1,201		)	3,594			(2,537		)	1,336			2,021			(994		)	2,305
Net change in derivatives	289			215			246			43			205			196			7
Employee benefit plan adjustments	50			56			25			25			(1,007		)	8			7
Net change in foreign currency translation adjustments	(8		)	(119		)	43			(51		)	(24		)	(14		)	7
Other comprehensive income (loss)	(870		)	3,746			(2,223		)	1,353			1,195			(804		)	2,326
Comprehensive income (loss)	$	7,807		$	5,761		$	3,097		$	4,710		$	4,245		$	(1,036	)	$	4,617

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 5

Bank of America Corporation and Subsidiaries
Consolidated Balance Sheet
(Dollars in millions)
	June 30 2015			March 31 2015			June 30 2014
Assets
Cash and due from banks	$	29,974		$	30,106		$	31,969
Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks	133,540			132,437			120,930
Cash and cash equivalents	163,514			162,543			152,899
Time deposits placed and other short-term investments	7,996			7,418			8,646
Federal funds sold and securities borrowed or purchased under agreements to resell	199,903			206,708			229,449
Trading account assets	189,106			186,860			196,952
Derivative assets	50,977			61,331			47,892
Debt securities:
Carried at fair value	332,307			324,174			292,861
Held-to-maturity, at cost	60,072			59,815			60,022
Total debt securities	392,379			383,989			352,883
Loans and leases	886,449			877,956			911,899
Allowance for loan and lease losses	(13,068		)	(13,676		)	(15,811		)
Loans and leases, net of allowance	873,381			864,280			896,088
Premises and equipment, net	9,700			9,833			10,146
Mortgage servicing rights	3,521			3,394			4,368
Goodwill	69,775			69,776			69,810
Intangible assets	4,188			4,391			5,099
Loans held-for-sale	6,914			9,732			9,200
Customer and other receivables	64,505			63,716			65,475
Other assets	113,175			109,574			121,650
Total assets	$	2,149,034		$	2,143,545		$	2,170,557
Assets of consolidated variable interest entities included in total assets above (isolated to settle the liabilities of the variable interest entities)
Trading account assets	$	4,863		$	5,182		$	7,236
Loans and leases	85,467			89,771			102,799
Allowance for loan and lease losses	(1,711		)	(1,869		)	(2,326		)
Loans and leases, net of allowance	83,756			87,902			100,473
Loans held-for-sale	413			1,226			601
All other assets	3,681			2,953			3,971
Total assets of consolidated variable interest entities	$	92,713		$	97,263		$	112,281

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 6

Bank of America Corporation and Subsidiaries
Consolidated Balance Sheet (continued)
(Dollars in millions)
	June 30 2015			March 31 2015			June 30 2014
Liabilities
Deposits in U.S. offices:
Noninterest-bearing	$	411,862		$	412,902		$	390,781
Interest-bearing	668,447			673,431			662,823
Deposits in non-U.S. offices:
Noninterest-bearing	8,294			8,473			7,419
Interest-bearing	60,957			58,362			73,306
Total deposits	1,149,560			1,153,168			1,134,329
Federal funds purchased and securities loaned or sold under agreements to repurchase	213,024			203,758			217,829
Trading account liabilities	72,596			74,791			88,342
Derivative liabilities	43,583			52,234			38,647
Short-term borrowings	39,903			33,270			45,873
Accrued expenses and other liabilities (includes $588, $537 and $503 of reserve for unfunded lending commitments)	135,295			138,278			151,055
Long-term debt	243,414			237,858			257,071
Total liabilities	1,897,375			1,893,357			1,933,146
Shareholders' equity
Preferred stock, $0.01 par value; authorized – 100,000,000 shares; issued and outstanding – 3,767,790, 3,767,790 and 3,467,790shares	22,273			22,273			14,846
Common stock and additional paid-in capital, $0.01 par value; authorized – 12,800,000,000 shares; issued and outstanding – 10,471,836,636, 10,520,400,507 and 10,515,824,628 shares	152,638			153,410			153,468
Retained earnings	81,938			77,472			73,808
Accumulated other comprehensive income (loss)	(5,190		)	(2,967		)	(4,711		)
Total shareholders' equity	251,659			250,188			237,411
Total liabilities and shareholders' equity	$	2,149,034		$	2,143,545		$	2,170,557
Liabilities of consolidated variable interest entities included in total liabilities above
Short-term borrowings	$	358		$	630		$	927
Long-term debt	14,471			13,942			16,333
All other liabilities	109			123			93
Total liabilities of consolidated variable interest entities	$	14,938		$	14,695		$	17,353

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 7

Bank of America Corporation and Subsidiaries
Capital Management
(Dollars in millions)
	Basel 3 Standardized Transition
	June 30 2015			March 31 2015			December 31 2014			September 30 2014			June 30 2014
Risk-based capital metrics (1, 2):
Common equity tier 1 capital	$	158,326		$	155,438		$	155,361		$	152,444		$	153,582
Tier 1 capital	176,247			173,155			168,973			163,040			160,760
Total capital	217,889			214,481			208,670			200,759			197,028
Risk-weighted assets	1,407,509			1,405,267			1,261,544			1,271,723			1,284,924
Common equity tier 1 capital ratio	11.2		%	11.1		%	12.3		%	12.0		%	12.0		%
Tier 1 capital ratio	12.5			12.3			13.4			12.8			12.5
Total capital ratio	15.5			15.3			16.5			15.8			15.3
Tier 1 leverage ratio	8.5			8.4			8.2			7.9			7.7
Tangible equity ratio (3)	8.6			8.6			8.4			8.1			7.8
Tangible common equity ratio (3)	7.6			7.5			7.5			7.2			7.1

⁽¹⁾  Regulatory capital ratios are preliminary.

⁽²⁾  Common equity tier 1 capital ratios at June 30, 2015 and March 31, 2015 reflects the migration of the risk-weighted assets calculation from the general risk-based approach to the Basel 3 Standardized approach, and Common equity tier 1 capital includes the 2015 phase-in of regulatory capital transition provisions.

⁽³⁾  Tangible equity ratio equals period-end tangible shareholders' equity divided by period-end tangible assets. Tangible common equity ratio equals period-end tangible common shareholders' equity divided by period-end tangible assets. Tangible shareholders' equity and tangible assets are non-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. (See Exhibit A: Non-GAAP Reconciliations - Reconciliation to GAAP Financial Measures on pages 45-48.)

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 8

Bank of America Corporation and Subsidiaries
Regulatory Capital Reconciliations (1, 2)
(Dollars in millions)
	June 30 2015			March 31 2015			December 31 2014			September 30 2014			June 30 2014
Regulatory capital – Basel 3 transition to fully phased-in
Common equity tier 1 capital (transition) (3)	$	158,326		$	155,438		$	155,361		$	152,444		$	153,582
Deferred tax assets arising from net operating loss and tax credit carryforwards phased in during transition	(5,705		)	(6,031		)	(8,905		)	(10,502		)	(11,118		)
DVA related to liabilities and derivatives phased in during transition	384			498			925			974			1,229
Defined benefit pension fund assets phased in during transition	(476		)	(459		)	(599		)	(663		)	(658		)
Accumulated OCI phased in during transition	(1,884		)	(378		)	(1,592		)	(2,399		)	(1,597		)
Intangibles phased in during transition	(1,751		)	(1,821		)	(2,556		)	(2,697		)	(2,854		)
Other adjustments and deductions phased in during transition	(588		)	(48		)	(1,417		)	(2,051		)	(1,401		)
Common equity tier 1 capital (fully phased-in)	$	148,306		$	147,199		$	141,217		$	135,106		$	137,183
Risk-weighted assets – As reported to Basel 3 (fully phased-in)
As reported risk-weighted assets (3)	$	1,407,509		$	1,405,267		$	1,261,544		$	1,271,723		$	1,284,924
Change in risk-weighted assets from reported to fully phased-in	25,461			25,394			153,722			146,516			151,901
Basel 3 Standardized approach risk-weighted assets (fully phased-in)	1,432,970			1,430,661			1,415,266			1,418,239			1,436,825
Change in risk-weighted assets for advanced models	(6,067		)	30,529			50,213			(8,375		)	(49,390		)
Basel 3 Advanced approaches risk-weighted assets (fully phased-in)	$	1,426,903		$	1,461,190		$	1,465,479		$	1,409,864		$	1,387,435
Regulatory capital ratios
Basel 3 Standardized approach Common equity tier 1 (transition) (3)	11.2		%	11.1		%	12.3		%	12.0		%	12.0		%
Basel 3 Standardized approach Common equity tier 1 (fully phased-in)	10.3			10.3			10.0			9.5			9.5
Basel 3 Advanced approaches Common equity tier 1 (fully phased-in)	10.4			10.1			9.6			9.6			9.9

⁽¹⁾  Regulatory capital ratios are preliminary.

⁽²⁾  Basel 3 Common equity tier 1 capital and risk-weighted assets on a fully phased-in basis are non-GAAP financial measures. For reconciliations to GAAP financial measures, see above. The Corporation’s fully phased-in Basel 3 estimates are based on its current understanding of the Standardized and Advanced approaches under the Basel 3 rules. Under the Basel 3 Advanced approaches, risk-weighted assets are determined primarily for market risk and credit risk, similar to the Standardized approach, but also incorporate operational risk and a credit valuation adjustment component. Market risk capital measurements are consistent with the Standardized approach, except for securitization exposures, where the Supervisory Formula Approach is also permitted. Credit risk exposures are measured using internal ratings-based models to determine the applicable risk weight by estimating the probability of default, loss given default and, in certain instances, exposure at default. The internal analytical models primarily rely on internal historical default and loss experience. The calculations under Basel 3 require management to make estimates, assumptions and interpretations, including the probability of future events based on historical experience. Actual results could differ from those estimates and assumptions. These estimates assume approval by U.S. banking regulators of our internal analytical models, including approval of the internal models methodology, but do not include the benefit of the removal of the surcharge applicable to the comprehensive risk measure. Our estimates under the Basel 3 Advanced approaches may be refined over time as a result of further rulemaking or clarification by U.S. banking regulators or as our understanding and interpretation of the rules evolve. The U.S. banking regulators have requested modifications to certain internal analytical models including the wholesale (e.g., commercial) and other credit models which would increase our risk-weighted assets and, as a result, negatively impact our capital ratios. If the requested modifications to these models were included, the estimated Common equity tier 1 capital ratio under the Basel 3 Advanced approaches on a fully phased-in basis would be approximately 9.3 percent at June 30, 2015. The Corporation is currently working with the U.S. banking regulators in order to exit parallel run.

⁽³⁾  Common equity tier 1 capital ratios at June 30, 2015 and March 31, 2015 reflect the migration of the risk-weighted assets calculation from the general risk-based approach to the Basel 3 Standardized approach, and Common equity tier 1 capital includes the 2015 phase-in of regulatory capital transition provisions.

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 9

Bank of America Corporation and Subsidiaries
Net Interest Income Excluding Trading-related Net Interest Income
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2015			First Quarter 2015			Fourth Quarter 2014			Third Quarter 2014			Second Quarter 2014
	2015			2014
Net interest income (FTE basis)
As reported	$	20,386		$	20,512		$	10,716		$	9,670		$	9,865		$	10,444		$	10,226
Impact of trading-related net interest income	(1,838		)	(1,769		)	(921		)	(917		)	(939		)	(907		)	(864		)
Net interest income excluding trading-related net interest income (1)	$	18,548		$	18,743		$	9,795		$	8,753		$	8,926		$	9,537		$	9,362
Average earning assets
As reported	$	1,810,178		$	1,822,177		$	1,815,892		$	1,804,399		$	1,802,121		$	1,813,482		$	1,840,850
Impact of trading-related earning assets	(418,729		)	(453,105		)	(419,238		)	(418,214		)	(435,408		)	(441,661		)	(463,395		)
Average earning assets excluding trading-related earning assets (1)	$	1,391,449		$	1,369,072		$	1,396,654		$	1,386,185		$	1,366,713		$	1,371,821		$	1,377,455
Net interest yield contribution (FTE basis) (2)
As reported	2.27		%	2.26		%	2.37		%	2.17		%	2.18		%	2.29		%	2.22		%
Impact of trading-related activities	0.41			0.49			0.44			0.38			0.42			0.47			0.50
Net interest yield on earning assets excluding trading-related activities (1)	2.68		%	2.75		%	2.81		%	2.55		%	2.60		%	2.76		%	2.72		%

⁽¹⁾  Represents a non-GAAP financial measure.

⁽²⁾  Calculated on an annualized basis.

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 10

Bank of America Corporation and Subsidiaries
Quarterly Average Balances and Interest Rates – Fully Taxable-equivalent Basis
(Dollars in millions)
	Second Quarter 2015						First Quarter 2015						Second Quarter 2014
	Average Balance		Interest Income/ Expense		Yield/ Rate		Average Balance		Interest Income/ Expense		Yield/ Rate		Average Balance		Interest Income/ Expense		Yield/ Rate
Earning assets
Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks	$	125,762	$	81	0.26	%	$	126,189	$	84	0.27	%	$	123,582	$	85	0.28	%
Time deposits placed and other short-term investments	8,183		34		1.63		8,379		33		1.61		10,509		40		1.51
Federal funds sold and securities borrowed or purchased under agreements to resell	214,326		268		0.50		213,931		231		0.44		235,393		298		0.51
Trading account assets	137,137		1,114		3.25		138,946		1,122		3.26		147,798		1,214		3.29
Debt securities	386,357		3,082		3.21		383,120		1,898		2.01		345,889		2,133		2.46
Loans and leases (1):
Residential mortgage	207,356		1,782		3.44		215,030		1,851		3.45		243,406		2,195		3.61
Home equity	82,640		769		3.73		84,915		770		3.66		90,729		842		3.72
U.S. credit card	87,460		1,980		9.08		88,695		2,027		9.27		88,058		2,042		9.30
Non-U.S. credit card	10,012		264		10.56		10,002		262		10.64		11,759		308		10.51
Direct/Indirect consumer	83,698		504		2.42		80,713		491		2.47		82,102		524		2.56
Other consumer	1,885		15		3.14		1,847		15		3.29		2,011		18		3.60
Total consumer	473,051		5,314		4.50		481,202		5,416		4.54		518,065		5,929		4.58
U.S. commercial	244,540		1,705		2.80		234,907		1,645		2.84		230,486		1,670		2.91
Commercial real estate	50,478		382		3.03		48,234		347		2.92		48,315		357		2.97
Commercial lease financing	24,723		180		2.92		24,495		216		3.53		24,409		193		3.16
Non-U.S. commercial	88,623		479		2.17		83,555		485		2.35		91,305		571		2.51
Total commercial	408,364		2,746		2.70		391,191		2,693		2.79		394,515		2,791		2.84
Total loans and leases	881,415		8,060		3.67		872,393		8,109		3.75		912,580		8,720		3.83
Other earning assets	62,712		721		4.59		61,441		705		4.66		65,099		665		4.09
Total earning assets (2)	1,815,892		13,360		2.95		1,804,399		12,182		2.73		1,840,850		13,155		2.86
Cash and due from banks	30,751						27,695						27,377
Other assets, less allowance for loan and lease losses	305,323						306,480						301,328
Total assets	$	2,151,966					$	2,138,574					$	2,169,555

⁽¹⁾  Nonperforming loans are included in the respective average loan balances. Income on these nonperforming loans is generally recognized on a cost recovery basis. Purchased credit-impaired loans were recorded at fair value upon acquisition and accrete interest income over the remaining life of the loan.

⁽²⁾  The impact of interest rate risk management derivatives on interest income is presented below. Interest income includes the impact of interest rate risk management contracts, which increased (decreased) interest income on:

	Second Quarter 2015				First Quarter 2015				Second Quarter 2014
Federal funds sold and securities borrowed or purchased under agreements to resell		$	13			$	12			$	14
Debt securities		(3		)		(8		)		(13		)
U.S. commercial loans and leases		(18		)		(15		)		(14		)
Net hedge expense on assets		$	(8	)		$	(11	)		$	(13	)

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 11

Bank of America Corporation and Subsidiaries
Quarterly Average Balances and Interest Rates – Fully Taxable-equivalent Basis (continued)
(Dollars in millions)
	Second Quarter 2015						First Quarter 2015						Second Quarter 2014
	Average Balance		Interest Income/ Expense		Yield/ Rate		Average Balance		Interest Income/ Expense		Yield/ Rate		Average Balance		Interest Income/ Expense		Yield/ Rate
Interest-bearing liabilities
U.S. interest-bearing deposits:
Savings	$	47,381	$	2	0.02	%	$	46,224	$	2	0.02	%	$	47,450	$	—	—	%
NOW and money market deposit accounts	536,201		71		0.05		531,827		67		0.05		519,399		79		0.06
Consumer CDs and IRAs	55,832		42		0.30		58,704		45		0.31		68,706		70		0.41
Negotiable CDs, public funds and other deposits	29,904		22		0.30		28,796		22		0.31		33,426		30		0.35
Total U.S. interest-bearing deposits	669,318		137		0.08		665,551		136		0.08		668,981		179		0.11
Non-U.S. interest-bearing deposits:
Banks located in non-U.S. countries	5,162		9		0.67		4,544		8		0.74		10,537		15		0.56
Governments and official institutions	1,239		1		0.38		1,382		1		0.21		1,754		1		0.12
Time, savings and other	55,030		69		0.51		54,276		75		0.55		64,078		87		0.55
Total non-U.S. interest-bearing deposits	61,431		79		0.52		60,202		84		0.56		76,369		103		0.54
Total interest-bearing deposits	730,749		216		0.12		725,753		220		0.12		745,350		282		0.15
Federal funds purchased, securities loaned or sold under agreements to repurchase and short-term borrowings	252,088		686		1.09		244,134		585		0.97		271,247		765		1.13
Trading account liabilities	77,772		335		1.73		78,787		394		2.03		95,154		398		1.68
Long-term debt	242,230		1,407		2.33		240,127		1,313		2.20		259,825		1,484		2.29
Total interest-bearing liabilities (1)	1,302,839		2,644		0.81		1,288,801		2,512		0.79		1,371,576		2,929		0.86
Noninterest-bearing sources:
Noninterest-bearing deposits	416,040						404,973						383,213
Other liabilities	182,033						199,056						178,963
Shareholders' equity	251,054						245,744						235,803
Total liabilities and shareholders' equity	$	2,151,966					$	2,138,574					$	2,169,555
Net interest spread					2.14	%					1.94	%					2.00	%
Impact of noninterest-bearing sources					0.23						0.23						0.22
Net interest income/yield on earning assets			$	10,716	2.37	%			$	9,670	2.17	%			$	10,226	2.22	%

⁽¹⁾  The impact of interest rate risk management derivatives on interest expense is presented below. Interest expense includes the impact of interest rate risk management contracts, which increased (decreased) interest expense on:

	Second Quarter 2015				First Quarter 2015				Second Quarter 2014
NOW and money market deposit accounts		$	(1	)		$	—			$	(1	)
Consumer CDs and IRAs		6				6				12
Negotiable CDs, public funds and other deposits		4				3				4
Banks located in non-U.S. countries		1				1				6
Federal funds purchased, securities loaned or sold under agreements to repurchase and short-term borrowings		247				249				263
Long-term debt		(766		)		(841		)		(905		)
Net hedge income on liabilities		$	(509	)		$	(582	)		$	(621	)

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 12

Bank of America Corporation and Subsidiaries
Year-to-Date Average Balances and Interest Rates – Fully Taxable-equivalent Basis
(Dollars in millions)
	Six Months Ended June 30
	2015						2014
	Average Balance		Interest Income/ Expense		Yield/ Rate		Average Balance		Interest Income/ Expense		Yield/ Rate
Earning assets
Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks	$	125,974	$	165	0.26	%	$	118,106	$	157	0.27	%
Time deposits placed and other short-term investments	8,280		67		1.62		12,185		88		1.46
Federal funds sold and securities borrowed or purchased under agreements to resell	214,130		499		0.47		224,012		562		0.51
Trading account assets	138,036		2,236		3.26		147,691		2,427		3.31
Debt securities	384,747		4,980		2.61		337,845		4,139		2.43
Loans and leases (1):
Residential mortgage	211,172		3,633		3.44		245,472		4,433		3.61
Home equity	83,771		1,539		3.69		91,736		1,695		3.72
U.S. credit card	88,074		4,007		9.18		88,797		4,134		9.39
Non-U.S. credit card	10,007		526		10.60		11,657		616		10.65
Direct/Indirect consumer	82,214		995		2.44		81,916		1,054		2.59
Other consumer	1,866		30		3.22		1,987		35		3.63
Total consumer	477,104		10,730		4.52		521,565		11,967		4.61
U.S. commercial	239,751		3,350		2.82		229,279		3,322		2.92
Commercial real estate	49,362		729		2.98		48,533		725		3.01
Commercial lease financing	24,609		396		3.22		24,567		427		3.47
Non-U.S. commercial	86,103		964		2.26		92,068		1,114		2.44
Total commercial	399,825		5,439		2.74		394,447		5,588		2.85
Total loans and leases	876,929		16,169		3.71		916,012		17,555		3.85
Other earning assets	62,082		1,426		4.62		66,326		1,362		4.13
Total earning assets (2)	1,810,178		25,542		2.84		1,822,177		26,290		2.90
Cash and due from banks	29,231						27,815
Other assets, less allowance for loan and lease losses	305,898						304,502
Total assets	$	2,145,307					$	2,154,494

⁽¹⁾  Nonperforming loans are included in the respective average loan balances. Income on these nonperforming loans is generally recognized on a cost recovery basis. Purchased credit-impaired loans were recorded at fair value upon acquisition and accrete interest income over the remaining life of the loan.

⁽²⁾  The impact of interest rate risk management derivatives on interest income is presented below. Interest income includes the impact of interest rate risk management contracts, which increased (decreased) interest income on:

	2015				2014
Federal funds sold and securities borrowed or purchased under agreements to resell		$	25			$	27
Debt securities		(11		)		(15		)
U.S. commercial loans and leases		(33		)		(30		)
Net hedge expense on assets		$	(19	)		$	(18	)

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 13

Bank of America Corporation and Subsidiaries
Year-to-Date Average Balances and Interest Rates – Fully Taxable-equivalent Basis (continued)
(Dollars in millions)
	Six Months Ended June 30
	2015						2014
	Average Balance		Interest Income/ Expense		Yield/ Rate		Average Balance		Interest Income/ Expense		Yield/ Rate
Interest-bearing liabilities
U.S. interest-bearing deposits:
Savings	$	46,806	$	4	0.02	%	$	46,329	$	1	0.01	%
NOW and money market deposit accounts	534,026		138		0.05		521,307		162		0.06
Consumer CDs and IRAs	57,260		87		0.31		69,916		154		0.44
Negotiable CDs, public funds and other deposits	29,353		44		0.31		31,637		57		0.36
Total U.S. interest-bearing deposits	667,445		273		0.08		669,189		374		0.11
Non-U.S. interest-bearing deposits:
Banks located in non-U.S. countries	4,855		17		0.70		10,803		31		0.57
Governments and official institutions	1,310		2		0.29		1,805		1		0.12
Time, savings and other	54,655		144		0.53		62,302		167		0.54
Total non-U.S. interest-bearing deposits	60,820		163		0.54		74,910		199		0.53
Total interest-bearing deposits	728,265		436		0.12		744,099		573		0.16
Federal funds purchased, securities loaned or sold under agreements to repurchase and other short-term borrowings	248,133		1,271		1.03		262,161		1,372		1.06
Trading account liabilities	78,277		729		1.88		92,814		833		1.81
Long-term debt	241,184		2,720		2.27		256,768		3,000		2.34
Total interest-bearing liabilities (1)	1,295,859		5,156		0.80		1,355,842		5,778		0.86
Noninterest-bearing sources:
Noninterest-bearing deposits	410,536						379,300
Other liabilities	190,499						183,173
Shareholders' equity	248,413						236,179
Total liabilities and shareholders' equity	$	2,145,307					$	2,154,494
Net interest spread					2.04	%					2.04	%
Impact of noninterest-bearing sources					0.23						0.22
Net interest income/yield on earning assets			$	20,386	2.27	%			$	20,512	2.26	%

⁽¹⁾  The impact of interest rate risk management derivatives on interest expense is presented below. Interest expense includes the impact of interest rate risk management contracts, which increased(decreased) interest expense on:

	2015				2014
NOW and money market deposit accounts		$	(1	)		$	(1	)
Consumer CDs and IRAs		12				32
Negotiable CDs, public funds and other deposits		7				7
Banks located in non-U.S. countries		2				9
Federal funds purchased, securities loaned or sold under agreements to repurchase and other short-term borrowings		496				520
Long-term debt		(1,607		)		(1,780		)
Net hedge income on liabilities		$	(1,091	)		$	(1,213	)

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 14

Bank of America Corporation and Subsidiaries
Debt Securities and Available-for-Sale Marketable Equity Securities
(Dollars in millions)
	June 30, 2015
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Available-for-sale debt securities
U.S. Treasury and agency securities	$	57,699	$	661	$	(16	)	$	58,344
Mortgage-backed securities:
Agency	189,228		931		(1,899		)	188,260
Agency-collateralized mortgage obligations	12,749		224		(42		)	12,931
Non-agency residential	3,649		299		(62		)	3,886
Commercial	5,087		54		(31		)	5,110
Non-U.S. securities	6,124		25		(4		)	6,145
Corporate/Agency bonds	252		6		(1		)	257
Other taxable securities, substantially all asset-backed securities	10,389		35		(21		)	10,403
Total taxable securities	285,177		2,235		(2,076		)	285,336
Tax-exempt securities	10,811		15		(25		)	10,801
Total available-for-sale debt securities	295,988		2,250		(2,101		)	296,137
Other debt securities carried at fair value	36,452		164		(446		)	36,170
Total debt securities carried at fair value	332,440		2,414		(2,547		)	332,307
Held-to-maturity debt securities, substantially all U.S. agency mortgage-backed securities	60,072		160		(1,069		)	59,163
Total debt securities	$	392,512	$	2,574	$	(3,616	)	$	391,470
Available-for-sale marketable equity securities (1)	$	336	$	104	$	—		$	440
	March 31, 2015
Available-for-sale debt securities
U.S. Treasury and agency securities	$	58,501	$	1,018	$	(3	)	$	59,516
Mortgage-backed securities:
Agency	179,255		2,858		(275		)	181,838
Agency-collateralized mortgage obligations	13,696		296		(31		)	13,961
Non-agency residential	3,791		295		(60		)	4,026
Commercial	3,853		137		(1		)	3,989
Non-U.S. securities	5,923		32		(3		)	5,952
Corporate/Agency bonds	356		10		(1		)	365
Other taxable securities, substantially all asset-backed securities	9,554		42		(18		)	9,578
Total taxable securities	274,929		4,688		(392		)	279,225
Tax-exempt securities	9,725		11		(19		)	9,717
Total available-for-sale debt securities	284,654		4,699		(411		)	288,942
Other debt securities carried at fair value	35,166		264		(198		)	35,232
Total debt securities carried at fair value	319,820		4,963		(609		)	324,174
Held-to-maturity debt securities, substantially all U.S. agency mortgage-backed securities	59,815		496		(422		)	59,889
Total debt securities	$	379,635	$	5,459	$	(1,031	)	$	384,063
Available-for-sale marketable equity securities (1)	$	336	$	59	$	—		$	395

⁽¹⁾  Classified in other assets on the Consolidated Balance Sheet.

Other Debt Securities Carried at Fair Value
(Dollars in millions)	June 30 2015		March 31 2015
U.S. Treasury and agency securities	$	—	$	1,272
Mortgage-backed securities:
Agency	14,885		15,670
Agency-collateralized mortgage obligations	9		—
Non-agency residential	3,787		3,869
Non-U.S. securities (1)	17,198		14,124
Other taxable securities, substantially all asset-backed securities	291		297
Total	$	36,170	$	35,232

⁽¹⁾  These securities are primarily used to satisfy certain international regulatory liquidity requirements.

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 15

Bank of America Corporation and Subsidiaries
Quarterly Results by Business Segment
(Dollars in millions)
	Second Quarter 2015
	Total Corporation		Consumer Banking			GWIM			Global Banking		Global Markets		Legacy Assets & Servicing			All Other
Net interest income (FTE basis)	$	10,716	$	4,910		$	1,359		$	2,213	$	1,028	$	416		$	790
Card income	1,477		1,206			41			128		37		—			65
Service charges	1,857		1,033			19			728		73		—			4
Investment and brokerage services	3,387		68			2,749			20		550		—			—
Investment banking income (loss)	1,526		1			84			777		718		—			(54		)
Equity investment income	88		—			3			3		71		—			11
Trading account profits (losses)	1,647		—			53			20		1,693		(1		)	(118		)
Mortgage banking income	1,001		257			2			—		—		682			60
Gains (losses) on sales of debt securities	168		—			(1		)	—		7		—			162
Other income (loss)	478		69			264			226		82		(8		)	(155		)
Total noninterest income	11,629		2,634			3,214			1,902		3,231		673			(25		)
Total revenue, net of interest expense (FTE basis)	22,345		7,544			4,573			4,115		4,259		1,089			765
Provision for credit losses	780		506			15			177		6		57			19
Noninterest expense	13,818		4,321			3,457			1,941		2,723		961			415
Income before income taxes (FTE basis)	7,747		2,717			1,101			1,997		1,530		71			331
Income tax expense (benefit) (FTE basis)	2,427		1,013			411			746		537		26			(306		)
Net income	$	5,320	$	1,704		$	690		$	1,251	$	993	$	45		$	637
Average
Total loans and leases	$	881,415	$	201,703		$	130,270		$	300,631	$	61,908	$	30,897		$	156,006
Total assets (1)	2,151,966		609,019			268,835			361,853		602,732		52,449			257,078
Total deposits	1,146,789		545,454			239,974			288,117		39,718		n/m			22,482
Period end
Total loans and leases	$	886,449	$	204,380		$	132,377		$	307,085	$	66,026	$	30,024		$	146,557
Total assets (1)	2,149,034		611,122			267,021			367,045		580,955		50,853			272,038
Total deposits	1,149,560		547,343			237,624			292,261		39,326		n/m			22,964
	First Quarter 2015
	Total Corporation		Consumer Banking			GWIM			Global Banking		Global Markets		Legacy Assets & Servicing			All Other
Net interest income (FTE basis)	$	9,670	$	4,871		$	1,351		$	2,260	$	1,009	$	428		$	(249	)
Card income	1,394		1,167			49			100		9		—			69
Service charges	1,764		966			18			710		65		—			5
Investment and brokerage services	3,378		65			2,723			24		567		—			(1		)
Investment banking income (loss)	1,487		—			72			852		630		—			(67		)
Equity investment income (loss)	27		(1		)	—			9		18		—			1
Trading account profits (losses)	2,247		—			55			64		2,127		2			(1		)
Mortgage banking income (loss)	694		288			1			—		—		461			(56		)
Gains on sales of debt securities	268		1			1			—		3		—			263
Other income (loss)	492		93			247			259		186		23			(316		)
Total noninterest income	11,751		2,579			3,166			2,018		3,605		486			(103		)
Total revenue, net of interest expense (FTE basis)	21,421		7,450			4,517			4,278		4,614		914			(352		)
Provision for credit losses	765		716			23			96		21		91			(182		)
Noninterest expense	15,695		4,389			3,459			2,010		3,131		1,203			1,503
Income (loss) before income taxes (FTE basis)	4,961		2,345			1,035			2,172		1,462		(380		)	(1,673		)
Income tax expense (benefit) (FTE basis)	1,604		870			384			806		517		(141		)	(832		)
Net income (loss)	$	3,357	$	1,475		$	651		$	1,366	$	945	$	(239	)	$	(841	)
Average
Total loans and leases	$	872,393	$	199,581		$	126,129		$	289,522	$	56,992	$	32,411		$	167,758
Total assets (1)	2,138,574		594,916			275,130			361,826		598,595		52,617			255,490
Total deposits	1,130,726		531,365			243,561			286,434		39,699		n/m			19,406
Period end
Total loans and leases	$	877,956	$	200,153		$	127,556		$	295,653	$	63,019	$	31,690		$	159,885
Total assets (1)	2,143,545		613,130			272,777			365,121		586,843		53,538			252,136
Total deposits	1,153,168		549,489			244,080			290,422		38,668		n/m			19,467

⁽¹⁾  Total assets include asset allocations to match liabilities (i.e., deposits).

n/m = not meaningful

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 16

Bank of America Corporation and Subsidiaries
Quarterly Results by Business Segment (continued)
(Dollars in millions)
	Second Quarter 2014
	Total Corporation		Consumer Banking			GWIM			Global Banking		Global Markets			Legacy Assets & Servicing			All Other
Net interest income (FTE basis)	$	10,226	$	5,060		$	1,485		$	2,442	$	962		$	362		$	(85	)
Card income	1,441		1,152			46			117		38			—			88
Service charges	1,866		1,039			19			725		76			—			7
Investment and brokerage services	3,291		62			2,642			31		544			—			12
Investment banking income (loss)	1,631		(1		)	75			834		760			—			(37		)
Equity investment income	357		—			2			1		259			—			95
Trading account profits (losses)	1,832		—			45			33		1,768			3			(17		)
Mortgage banking income (loss)	527		237			1			—		—			369			(80		)
Gains (losses) on sales of debt securities	382		1			—			—		(7		)	6			382
Other income (loss)	407		99			274			255		199			60			(480		)
Total noninterest income	11,734		2,589			3,104			1,996		3,637			438			(30		)
Total revenue, net of interest expense (FTE basis)	21,960		7,649			4,589			4,438		4,599			800			(115		)
Provision for credit losses	411		550			(8		)	136		20			(39		)	(248		)
Noninterest expense	18,541		4,505			3,445			2,007		2,875			5,234			475
Income (loss) before income taxes (FTE basis)	3,008		2,594			1,152			2,295		1,704			(4,395		)	(342		)
Income tax expense (benefit) (FTE basis)	717		960			426			850		602			(1,654		)	(467		)
Net income (loss)	$	2,291	$	1,634		$	726		$	1,445	$	1,102		$	(2,741	)	$	125
Average
Total loans and leases	$	912,580	$	195,413		$	118,512		$	287,795	$	63,579		$	36,705		$	210,576
Total assets (1)	2,169,555		578,514			266,781			359,755		617,156			55,626			291,723
Total deposits	1,128,563		514,137			240,042			284,947		41,323			n/m			36,471
Period end
Total loans and leases	$	911,899	$	197,021		$	120,187		$	286,976	$	66,260		$	35,984		$	205,471
Total assets (1)	2,170,557		579,870			263,958			370,561		610,435			52,647			293,086
Total deposits	1,134,329		514,838			237,046			295,382		41,951			n/m			33,824

⁽¹⁾  Total assets include asset allocations to match liabilities (i.e., deposits).

n/m = not meaningful

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 17

Bank of America Corporation and Subsidiaries
Year-to-Date Results by Business Segment
(Dollars in millions)
	Six Months Ended June 30, 2015
	Total Corporation		Consumer Banking			GWIM		Global Banking		Global Markets		Legacy Assets & Servicing			All Other
Net interest income (FTE basis)	$	20,386	$	9,781		$	2,710	$	4,473	$	2,037	$	844		$	541
Card income	2,871		2,373			90		228		46		—			134
Service charges	3,621		1,999			37		1,438		138		—			9
Investment and brokerage services	6,765		133			5,472		44		1,117		—			(1		)
Investment banking income (loss)	3,013		1			156		1,629		1,348		—			(121		)
Equity investment income (loss)	115		(1		)	3		12		89		—			12
Trading account profits (losses)	3,894		—			108		84		3,820		1			(119		)
Mortgage banking income	1,695		545			3		—		—		1,143			4
Gains on sales of debt securities	436		1			—		—		10		—			425
Other income (loss)	970		162			511		485		268		15			(471		)
Total noninterest income	23,380		5,213			6,380		3,920		6,836		1,159			(128		)
Total revenue, net of interest expense (FTE basis)	43,766		14,994			9,090		8,393		8,873		2,003			413
Provision for credit losses	1,545		1,222			38		273		27		148			(163		)
Noninterest expense	29,513		8,710			6,916		3,951		5,854		2,164			1,918
Income (loss) before income taxes (FTE basis)	12,708		5,062			2,136		4,169		2,992		(309		)	(1,342		)
Income tax expense (benefit) (FTE basis)	4,031		1,883			795		1,552		1,054		(115		)	(1,138		)
Net income (loss)	$	8,677	$	3,179		$	1,341	$	2,617	$	1,938	$	(194	)	$	(204	)
Average
Total loans and leases	$	876,929	$	200,648		$	128,211	$	295,107	$	59,463	$	31,650		$	161,850
Total assets (1)	2,145,307		602,006			271,965		361,840		600,675		52,532			256,289
Total deposits	1,138,801		538,448			241,758		287,280		39,709		n/m			20,951
Period end
Total loans and leases	$	886,449	$	204,380		$	132,377	$	307,085	$	66,026	$	30,024		$	146,557
Total assets (1)	2,149,034		611,122			267,021		367,045		580,955		50,853			272,038
Total deposits	1,149,560		547,343			237,624		292,261		39,326		n/m			22,964
	Six Months Ended June 30, 2014
	Total Corporation		Consumer Banking			GWIM		Global Banking		Global Markets		Legacy Assets & Servicing			All Other
Net interest income (FTE basis)	$	20,512	$	10,130		$	2,970	$	4,946	$	1,968	$	739		$	(241	)
Card income	2,834		2,300			98		213		47		—			176
Service charges	3,692		2,032			38		1,459		149		—			14
Investment and brokerage services	6,560		123			5,246		51		1,110		—			30
Investment banking income (loss)	3,173		—			140		1,656		1,496		—			(119		)
Equity investment income	1,141		—			4		57		287		—			793
Trading account profits (losses)	4,299		—			91		76		4,135		5			(8		)
Mortgage banking income (loss)	939		415			1		—		1		660			(138		)
Gains on sales of debt securities	759		1			—		—		3		16			739
Other income (loss)	818		299			548		506		429		66			(1,030		)
Total noninterest income	24,215		5,170			6,166		4,018		7,657		747			457
Total revenue, net of interest expense (FTE basis)	44,727		15,300			9,136		8,964		9,625		1,486			216
Provision for credit losses	1,420		1,359			15		417		38		(27		)	(382		)
Noninterest expense	40,779		9,000			6,803		4,184		5,964		12,637			2,191
Income (loss) before income taxes (FTE basis)	2,528		4,941			2,318		4,363		3,623		(11,124		)	(1,593		)
Income tax expense (benefit) (FTE basis)	513		1,839			863		1,625		1,211		(3,502		)	(1,523		)
Net income (loss)	$	2,015	$	3,102		$	1,455	$	2,738	$	2,412	$	(7,622	)	$	(70	)
Average
Total loans and leases	$	916,012	$	195,916		$	117,235	$	287,857	$	63,637	$	37,401		$	213,966
Total assets (1)	2,154,494		574,107			268,518		359,669		609,370		56,508			286,322
Total deposits	1,123,399		509,519			241,409		283,943		41,493		n/m			35,731
Period end
Total loans and leases	$	911,899	$	197,021		$	120,187	$	286,976	$	66,260	$	35,984		$	205,471
Total assets (1)	2,170,557		579,870			263,958		370,561		610,435		52,647			293,086
Total deposits	1,134,329		514,838			237,046		295,382		41,951		n/m			33,824

⁽¹⁾  Total assets include asset allocations to match liabilities (i.e., deposits).

n/m = not meaningful

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 18

Bank of America Corporation and Subsidiaries
Consumer Banking Segment Results
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2015			First Quarter 2015			Fourth Quarter 2014			Third Quarter 2014			Second Quarter 2014
	2015			2014
Net interest income (FTE basis)	$	9,781		$	10,130		$	4,910		$	4,871		$	4,967		$	5,081		$	5,060
Noninterest income:
Card income	2,373			2,300			1,206			1,167			1,324			1,219			1,152
Service charges	1,999			2,032			1,033			966			1,042			1,085			1,039
Mortgage banking income	545			415			257			288			193			206			237
All other income	296			423			138			158			233			158			161
Total noninterest income	5,213			5,170			2,634			2,579			2,792			2,668			2,589
Total revenue, net of interest expense (FTE basis)	14,994			15,300			7,544			7,450			7,759			7,749			7,649
Provision for credit losses	1,222			1,359			506			716			653			668			550
Noninterest expense	8,710			9,000			4,321			4,389			4,407			4,447			4,505
Income before income taxes (FTE basis)	5,062			4,941			2,717			2,345			2,699			2,634			2,594
Income tax expense (FTE basis)	1,883			1,839			1,013			870			1,037			956			960
Net income	$	3,179		$	3,102		$	1,704		$	1,475		$	1,662		$	1,678		$	1,634
Net interest yield (FTE basis)	3.49		%	3.80		%	3.44		%	3.54		%	3.61		%	3.71		%	3.74		%
Return on average allocated capital (1)	22			21			24			21			22			22			22
Efficiency ratio (FTE basis)	58.09			58.82			57.28			58.91			56.79			57.39			58.89
Balance Sheet
Average
Total loans and leases	$	200,648		$	195,916		$	201,703		$	199,581		$	199,215		$	197,374		$	195,413
Total earning assets (2)	565,643			538,110			572,378			558,833			545,721			542,857			542,421
Total assets (2)	602,006			574,107			609,019			594,916			582,116			578,927			578,514
Total deposits	538,448			509,519			545,454			531,365			517,580			514,549			514,137
Allocated capital (1)	29,000			30,000			29,000			29,000			30,000			30,000			30,000
Period end
Total loans and leases	$	204,380		$	197,021		$	204,380		$	200,153		$	202,000		$	198,467		$	197,021
Total earning assets (2)	575,284			543,827			575,284			576,868			552,117			544,916			543,827
Total assets (2)	611,122			579,870			611,122			613,130			589,048			580,381			579,870
Total deposits	547,343			514,838			547,343			549,489			524,413			515,580			514,838

⁽¹⁾  Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Allocated capital and the related return are non-GAAP financial measures. The Corporation believes the use of these non-GAAP financial measures provides additional clarity in assessing the results of the segments. Other companies may define or calculate these measures differently. (See Exhibit A: Non-GAAP Reconciliations - Reconciliations to GAAP Financial Measures on pages 45-48.)

⁽²⁾  Total earning assets and total assets include asset allocations to match liabilities (i.e., deposits) and allocated shareholders' equity.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 19

Bank of America Corporation and Subsidiaries
Consumer Banking Year-to-Date Results
(Dollars in millions)
	Six Months Ended June 30, 2015
	Total Consumer Banking			Deposits			Consumer Lending
Net interest income (FTE basis)	$	9,781		$	4,687		$	5,094
Noninterest income:
Card income	2,373			5			2,368
Service charges	1,999			1,998			1
Mortgage banking income	545			—			545
All other income	296			223			73
Total noninterest income	5,213			2,226			2,987
Total revenue, net of interest expense (FTE basis)	14,994			6,913			8,081
Provision for credit losses	1,222			87			1,135
Noninterest expense	8,710			4,814			3,896
Income before income taxes (FTE basis)	5,062			2,012			3,050
Income tax expense (FTE basis)	1,883			748			1,135
Net income	$	3,179		$	1,264		$	1,915
Net interest yield (FTE basis)	3.49		%	1.74		%	5.21		%
Return on average allocated capital (1)	22			21			23
Efficiency ratio (FTE basis)	58.09			69.64			48.21
Balance Sheet
Average
Total loans and leases	$	200,648		$	5,834		$	194,814
Total earning assets (2)	565,643			542,441			197,279
Total assets (2)	602,006			569,404			206,679
Total deposits	538,448			537,353			n/m
Allocated capital (1)	29,000			12,000			17,000
Period end
Total loans and leases	$	204,380		$	5,834		$	198,546
Total earning assets (2)	575,284			551,705			201,319
Total assets (2)	611,122			578,227			210,635
Total deposits	547,343			546,169			n/m
	Six Months Ended June 30, 2014
	Total Consumer Banking			Deposits			Consumer Lending
Net interest income (FTE basis)	$	10,130		$	4,736		$	5,394
Noninterest income:
Card income	2,300			5			2,295
Service charges	2,032			2,031			1
Mortgage banking income	415			—			415
All other income	423			180			243
Total noninterest income	5,170			2,216			2,954
Total revenue, net of interest expense (FTE basis)	15,300			6,952			8,348
Provision for credit losses	1,359			114			1,245
Noninterest expense	9,000			4,938			4,062
Income before income taxes (FTE basis)	4,941			1,900			3,041
Income tax expense (FTE basis)	1,839			707			1,132
Net income	$	3,102		$	1,193		$	1,909
Net interest yield (FTE basis)	3.80		%	1.86		%	5.64		%
Return on average allocated capital (1)	21			22			20
Efficiency ratio (FTE basis)	58.82			71.03			48.66
Balance Sheet
Average
Total loans and leases	$	195,916		$	6,097		$	189,819
Total earning assets (2)	538,110			512,945			192,951
Total assets (2)	574,107			539,661			202,232
Total deposits	509,519			508,721			n/m
Allocated capital (1)	30,000			11,000			19,000
Period end
Total loans and leases	$	197,021		$	6,127		$	190,894
Total earning assets (2)	543,827			518,429			194,220
Total assets (2)	579,870			544,925			203,767
Total deposits	514,838			513,944			n/m

For footnotes see page 22.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 20

Bank of America Corporation and Subsidiaries
Consumer Banking Quarterly Results
(Dollars in millions)
	Second Quarter 2015
	Total Consumer Banking			Deposits			Consumer Lending
Net interest income (FTE basis)	$	4,910		$	2,390		$	2,520
Noninterest income:
Card income	1,206			2			1,204
Service charges	1,033			1,032			1
Mortgage banking income	257			—			257
All other income	138			120			18
Total noninterest income	2,634			1,154			1,480
Total revenue, net of interest expense (FTE basis)	7,544			3,544			4,000
Provision for credit losses	506			24			482
Noninterest expense	4,321			2,363			1,958
Income before income taxes (FTE basis)	2,717			1,157			1,560
Income tax expense (FTE basis)	1,013			431			582
Net income	$	1,704		$	726		$	978
Net interest yield (FTE basis)	3.44		%	1.75		%	5.09		%
Return on average allocated capital (1)	24			24			23
Efficiency ratio (FTE basis)	57.28			66.71			48.92
Balance Sheet
Average
Total loans and leases	$	201,703		$	5,789		$	195,914
Total earning assets (2)	572,378			549,252			198,501
Total assets (2)	609,019			576,417			207,977
Total deposits	545,454			544,340			n/m
Allocated capital (1)	29,000			12,000			17,000
Period end
Total loans and leases	$	204,380		$	5,834		$	198,546
Total earning assets (2)	575,284			551,705			201,319
Total assets (2)	611,122			578,227			210,635
Total deposits	547,343			546,169			n/m
	First Quarter 2015
	Total Consumer Banking			Deposits			Consumer Lending
Net interest income (FTE basis)	$	4,871		$	2,297		$	2,574
Noninterest income:
Card income	1,167			3			1,164
Service charges	966			966			—
Mortgage banking income	288			—			288
All other income	158			103			55
Total noninterest income	2,579			1,072			1,507
Total revenue, net of interest expense (FTE basis)	7,450			3,369			4,081
Provision for credit losses	716			63			653
Noninterest expense	4,389			2,451			1,938
Income before income taxes (FTE basis)	2,345			855			1,490
Income tax expense (FTE basis)	870			317			553
Net income	$	1,475		$	538		$	937
Net interest yield (FTE basis)	3.54		%	1.74		%	5.32		%
Return on average allocated capital (1)	21			18			22
Efficiency ratio (FTE basis)	58.91			72.71			47.51
Balance Sheet
Average
Total loans and leases	$	199,581		$	5,879		$	193,702
Total earning assets (2)	558,833			535,555			196,044
Total assets (2)	594,916			562,314			205,368
Total deposits	531,365			530,290			n/m
Allocated capital (1)	29,000			12,000			17,000
Period end
Total loans and leases	$	200,153		$	5,824		$	194,329
Total earning assets (2)	576,868			553,574			197,738
Total assets (2)	613,130			580,337			207,237
Total deposits	549,489			548,303			n/m

For footnotes see page 22.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 21

Bank of America Corporation and Subsidiaries
Consumer Banking Quarterly Results (continued)
(Dollars in millions)
	Second Quarter 2014
	Total Consumer Banking			Deposits			Consumer Lending
Net interest income (FTE basis)	$	5,060		$	2,396		$	2,664
Noninterest income:
Card income	1,152			3			1,149
Service charges	1,039			1,039			—
Mortgage banking income	237			—			237
All other income	161			88			73
Total noninterest income	2,589			1,130			1,459
Total revenue, net of interest expense (FTE basis)	7,649			3,526			4,123
Provision for credit losses	550			50			500
Noninterest expense	4,505			2,473			2,032
Income before income taxes (FTE basis)	2,594			1,003			1,591
Income tax expense (FTE basis)	960			371			589
Net income	$	1,634		$	632		$	1,002
Net interest yield (FTE basis)	3.74		%	1.86		%	5.56		%
Return on average allocated capital (1)	22			23			21
Efficiency ratio (FTE basis)	58.89			70.12			49.28
Balance Sheet
Average
Total loans and leases	$	195,413		$	6,103		$	189,310
Total earning assets (2)	542,421			517,509			192,238
Total assets (2)	578,514			544,248			201,592
Total deposits	514,137			513,326			n/m
Allocated capital (1)	30,000			11,000			19,000
Period end
Total loans and leases	$	197,021		$	6,127		$	190,894
Total earning assets (2)	543,827			518,429			194,220
Total assets (2)	579,870			544,925			203,767
Total deposits	514,838			513,944			n/m

⁽¹⁾  Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Allocated capital and the related return are non-GAAP financial measures. The Corporation believes the use of these non-GAAP financial measures provides additional clarity in assessing the results of the segments. Other companies may define or calculate these measures differently. (See Exhibit A: Non-GAAP Reconciliations - Reconciliations to GAAP Financial Measures on pages 45-48.)

⁽²⁾  For presentation purposes, in segments or businesses where the total of liabilities and equity exceeds assets, the Corporation allocates assets from All Other to match the segments' and businesses' liabilities and allocated shareholders' equity. As a result, total earning assets and total assets of the businesses may not equal total Consumer Banking.

n/m = not meaningful

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 22

Bank of America Corporation and Subsidiaries
Consumer Banking Key Indicators
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2015			First Quarter 2015			Fourth Quarter 2014			Third Quarter 2014			Second Quarter 2014
	2015			2014
Average deposit balances
Checking	$	254,652		$	232,527		$	259,007		$	250,248		$	241,254		$	238,133		$	236,197
Savings	45,140			44,685			45,748			44,525			43,972			45,124			45,769
MMS	183,433			166,043			186,750			180,078			172,992			168,815			167,058
CDs and IRAs	52,492			63,506			51,178			53,820			56,476			59,666			62,293
Non-U.S. and other	2,731			2,758			2,771			2,694			2,886			2,811			2,820
Total average deposit balances	$	538,448		$	509,519		$	545,454		$	531,365		$	517,580		$	514,549		$	514,137
Deposit spreads (excludes noninterest costs)
Checking	2.03		%	2.07		%	2.04		%	2.03		%	2.08		%	2.08		%	2.07		%
Savings	2.30			2.30			2.29			2.31			2.32			2.32			2.31
MMS	1.22			1.15			1.22			1.23			1.21			1.19			1.17
CDs and IRAs	0.56			0.50			0.58			0.54			0.52			0.50			0.49
Non-U.S. and other	0.43			0.53			0.45			0.42			0.40			0.40			0.42
Total deposit spreads	1.62			1.59			1.63			1.62			1.63			1.61			1.60
Client brokerage assets	$	121,961		$	105,926		$	121,961		$	118,492		$	113,763		$	108,533		$	105,926
Online banking active accounts (units in thousands)	31,322			30,429			31,322			31,479			30,904			30,821			30,429
Mobile banking active accounts (units in thousands) (1)	17,626			15,475			17,626			17,092			16,539			16,107			15,475
Financial centers	4,789			5,023			4,789			4,835			4,855			4,947			5,023
ATMs	15,992			15,973			15,992			15,903			15,834			15,671			15,973
Total U.S. credit card(2)
Loans
Average credit card outstandings	$	88,074		$	88,797		$	87,460		$	88,695		$	89,381		$	88,866		$	88,058
Ending credit card outstandings	88,403			89,020			88,403			87,288			91,879			89,027			89,020
Credit quality
Net charge-offs	$	1,205		$	1,401		$	584		$	621		$	612		$	625		$	683
	2.76		%	3.18		%	2.68		%	2.84		%	2.71		%	2.79		%	3.11		%
30+ delinquency	$	1,486		$	1,698		$	1,486		$	1,581		$	1,701		$	1,702		$	1,698
	1.68		%	1.91		%	1.68		%	1.81		%	1.85		%	1.91		%	1.91		%
90+ delinquency	$	742		$	868		$	742		$	795		$	866		$	831		$	868
	0.84		%	0.98		%	0.84		%	0.91		%	0.94		%	0.93		%	0.98		%
Other Total U.S. credit card indicators (2)
Gross interest yield	9.18		%	9.39		%	9.08		%	9.27		%	9.26		%	9.34		%	9.30		%
Risk-adjusted margin	8.99			9.23			8.92			9.05			9.96			9.33			8.97
New accounts (in thousands)	2,456			2,155			1,295			1,161			1,184			1,202			1,128
Purchase volumes	$	106,154		$	102,447		$	55,976		$	50,178		$	55,857		$	53,784		$	53,583
Debit card data
Purchase volumes	$	137,653		$	135,382		$	70,754		$	66,898		$	69,204		$	67,990		$	69,492

For footnotes see page 24.

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 23

Bank of America Corporation and Subsidiaries
Consumer Banking Key Indicators (continued)
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2015			First Quarter 2015			Fourth Quarter 2014			Third Quarter 2014			Second Quarter 2014
	2015			2014
Loan production (3):
Total (4)
First mortgage	$	29,675		$	19,949		$	15,962		$	13,713		$	11,616		$	11,725		$	11,099
Home equity	6,426			4,588			3,209			3,217			3,420			3,225			2,604
Consumer Banking
First mortgage	$	21,120		$	15,163		$	11,266		$	9,854		$	8,316		$	8,861		$	8,461
Home equity	5,957			4,186			2,940			3,017			3,129			2,970			2,396
Mortgage banking income
Consumer Lending:
Core production revenue	$	573		$	422		$	273		$	300		$	214		$	239		$	233
Representations and warranties provision	7			29			1			6			(4		)	(15		)	22
Other consumer mortgage banking income (5)	(35		)	(36		)	(17		)	(18		)	(17		)	(18		)	(18		)
Total Consumer Lending mortgage banking income	545			415			257			288			193			206			237
Legacy Assets & Servicing mortgage banking income (6)	1,143			660			682			461			241			152			369
Eliminations (7)	7			(136		)	62			(55		)	(82		)	(86		)	(79		)
Total consolidated mortgage banking income	$	1,695		$	939		$	1,001		$	694		$	352		$	272		$	527

⁽¹⁾  Beginning in the first quarter of 2015, mobile users include Merrill Edge and MyMerrill users of approximately 150 thousand.

⁽²⁾  In addition to the U.S. credit card portfolio in Consumer Banking, the remaining U.S. credit card portfolio is in GWIM.

⁽³⁾  The above loan production amounts represent the unpaid principal balance of loans and in the case of home equity, the principal amount of the total line of credit.

⁽⁴⁾  In addition to loan production in Consumer Banking, there is also first mortgage and home equity loan production in GWIM.

⁽⁵⁾  Primarily intercompany charge for loan servicing activities provided by Legacy Assets & Servicing.

⁽⁶⁾  Amounts for Legacy Assets & Servicing are included in this Consumer Banking table to show the components of consolidated mortgage banking income.

⁽⁷⁾  Includes the effect of transfers of mortgage loans from Consumer Banking to the ALM portfolio included in All Other,intercompany charges for loan servicing and net gains or losses on intercompany trades related to mortgage servicing rights risk management.

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 24

Bank of America Corporation and Subsidiaries
Global Wealth & Investment Management Segment Results
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2015			First Quarter 2015			Fourth Quarter 2014			Third Quarter 2014			Second Quarter 2014
	2015			2014
Net interest income (FTE basis)	$	2,710		$	2,970		$	1,359		$	1,351		$	1,406		$	1,459		$	1,485
Noninterest income:
Investment and brokerage services	5,472			5,246			2,749			2,723			2,763			2,713			2,642
All other income	908			920			465			443			434			494			462
Total noninterest income	6,380			6,166			3,214			3,166			3,197			3,207			3,104
Total revenue, net of interest expense (FTE basis)	9,090			9,136			4,573			4,517			4,603			4,666			4,589
Provision for credit losses	38			15			15			23			14			(15		)	(8		)
Noninterest expense	6,916			6,803			3,457			3,459			3,441			3,403			3,445
Income before income taxes (FTE basis)	2,136			2,318			1,101			1,035			1,148			1,278			1,152
Income tax expense (FTE basis)	795			863			411			384			442			465			426
Net income	$	1,341		$	1,455		$	690		$	651		$	706		$	813		$	726
Net interest yield (FTE basis)	2.15		%	2.40		%	2.17		%	2.13		%	2.24		%	2.33		%	2.40		%
Return on average allocated capital (1)	23			25			23			22			23			27			24
Efficiency ratio (FTE basis)	76.08			74.47			75.60			76.57			74.76			72.94			75.07
Balance Sheet
Average
Total loans and leases	$	128,211		$	117,235		$	130,270		$	126,129		$	123,544		$	121,002		$	118,512
Total earning assets (2)	254,560			249,549			251,528			257,625			248,614			248,223			248,380
Total assets (2)	271,965			268,518			268,835			275,130			266,717			266,324			266,781
Total deposits	241,758			241,409			239,974			243,561			238,835			239,352			240,042
Allocated capital (1)	12,000			12,000			12,000			12,000			12,000			12,000			12,000
Period end
Total loans and leases	$	132,377		$	120,187		$	132,377		$	127,556		$	125,431		$	122,395		$	120,187
Total earning assets (2)	250,720			245,556			250,720			255,840			256,519			248,072			245,556
Total assets (2)	267,021			263,958			267,021			272,777			274,887			266,240			263,958
Total deposits	237,624			237,046			237,624			244,080			245,391			238,710			237,046

⁽¹⁾  Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Allocated capital and the related return are non-GAAP financial measures. The Corporation believes the use of these non-GAAP financial measures provides additional clarity in assessing the results of the segments. Other companies may define or calculate these measures differently. (See Exhibit A: Non-GAAP Reconciliations - Reconciliations to GAAP Financial Measures on pages 45-48.)

⁽²⁾ Total earning assets and total assets include asset allocations to match liabilities (i.e., deposits) and allocated shareholders' equity.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 25

Bank of America Corporation and Subsidiaries
Global Wealth & Investment Management Key Indicators
(Dollars in millions, except as noted)
	Six Months Ended June 30					Second Quarter 2015		First Quarter 2015			Fourth Quarter 2014			Third Quarter 2014		Second Quarter 2014
	2015		2014
Revenues
Merrill Lynch Global Wealth Management	$	7,540	$	7,555		$	3,792	$	3,748		$	3,827		$	3,874	$	3,791
U.S. Trust	1,515		1,551			764		751			758			775		783
Other (1)	35		30			17		18			18			17		15
Total revenues	$	9,090	$	9,136		$	4,573	$	4,517		$	4,603		$	4,666	$	4,589
Client Balances
Client Balances by Business
Merrill Lynch Global Wealth Management	$	2,051,514	$	2,017,051		$	2,051,514	$	2,043,447		$	2,033,801		$	2,004,391	$	2,017,051
U.S. Trust	388,829		380,281			388,829		391,105			387,491			381,054		380,281
Other (1)	81,318		70,836			81,318		75,295			76,705			76,640		70,836
Client Balances by Type
Assets under management	$	930,360	$	878,741		$	930,360	$	917,257		$	902,872		$	888,006	$	878,741
Brokerage assets	1,079,084		1,091,558			1,079,084		1,076,277			1,081,434			1,073,858		1,091,558
Assets in custody	138,774		137,391			138,774		141,273			139,555			135,886		137,391
Deposits	237,624		237,046			237,624		244,080			245,391			238,710		237,046
Loans and leases (2)	135,819		123,432			135,819		130,960			128,745			125,625		123,432
Total client balances	$	2,521,661	$	2,468,168		$	2,521,661	$	2,509,847		$	2,497,997		$	2,462,085	$	2,468,168
Assets Under Management Flows
Long-term assets under management (3)	$	23,247	$	29,252		$	8,593	$	14,654		$	9,380		$	11,168	$	11,870
Liquidity assets under management (4)	4,530		(2,294		)	6,023		(1,493		)	(255		)	5,910		135
Total assets under management flows	$	27,777	$	26,958		$	14,616	$	13,161		$	9,125		$	17,078	$	12,005
Associates(5)
Number of Financial Advisors	16,419		15,560			16,419		16,175			16,035			15,867		15,560
Total Wealth Advisors	17,798		16,721			17,798		17,508			17,231			17,039		16,721
Total Client-Facing Professionals	20,286		19,416			20,286		20,018			19,750			19,727		19,416
Merrill Lynch Global Wealth Management Metrics
Financial Advisor Productivity (6) (in thousands)	$	1,041	$	1,058		$	1,041	$	1,041		$	1,070		$	1,077	$	1,060
U.S. Trust Metrics
Client-Facing Professionals	2,155		2,110			2,155		2,157			2,155			2,135		2,110

⁽¹⁾  Includes the results of BofA Global Capital Management and certain administrative items.

⁽²⁾  Includes margin receivables which are classified in customer and other receivables on the Consolidated Balance Sheet.

⁽³⁾  Defined as assets under advisory and discretion of GWIM in which the duration of the investment strategy is longer than one year.

⁽⁴⁾  Defined as assets under advisory and discretion of GWIM in which the investment strategy seeks a high level of income while maintaining liquidity and capital preservation. The duration of these strategies is primarily less than one year.

⁽⁵⁾  Includes Financial Advisors in the Consumer Banking segment of 2,049, 1,992, 1,950, 1,868 and 1,716 at June 30, 2015, March 31, 2015, December 31, 2014, September 30, 2014 and June 30, 2014, respectively.

⁽⁶⁾  Financial Advisor Productivity is defined as annualized Merrill Lynch Global Wealth Management total revenue divided by the total number of Financial Advisors (excluding Financial Advisors in the Consumer Banking segment). Total revenue excludes corporate allocation of net interest income related to certain ALM activities.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 26

Bank of America Corporation and Subsidiaries
Global Banking Segment Results
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2015			First Quarter 2015			Fourth Quarter 2014			Third Quarter 2014			Second Quarter 2014
	2015			2014
Net interest income (FTE basis)	$	4,473		$	4,946		$	2,213		$	2,260		$	2,415		$	2,450		$	2,442
Noninterest income:
Service charges	1,438			1,459			728			710			712			730			725
Investment banking fees	1,629			1,656			777			852			830			727			834
All other income	853			903			397			456			364			446			437
Total noninterest income	3,920			4,018			1,902			2,018			1,906			1,903			1,996
Total revenue, net of interest expense (FTE basis)	8,393			8,964			4,115			4,278			4,321			4,353			4,438
Provision for credit losses	273			417			177			96			(31		)	(64		)	136
Noninterest expense	3,951			4,184			1,941			2,010			1,988			2,037			2,007
Income before income taxes (FTE basis)	4,169			4,363			1,997			2,172			2,364			2,380			2,295
Income tax expense (FTE basis)	1,552			1,625			746			806			851			867			850
Net income	$	2,617		$	2,738		$	1,251		$	1,366		$	1,513		$	1,513		$	1,445
Net interest yield (FTE basis)	2.85		%	3.19		%	2.80		%	2.89		%	2.99		%	3.03		%	3.12		%
Return on average allocated capital (1)	15			16			14			16			18			18			17
Efficiency ratio (FTE basis)	47.08			46.68			47.16			47.00			46.01			46.78			45.22
Balance Sheet
Average
Total loans and leases	$	295,107		$	287,857		$	300,631		$	289,522		$	287,003		$	283,264		$	287,795
Total earnings assets (2)	316,951			313,081			316,898			317,005			320,365			320,955			314,079
Total assets (2)	361,840			359,669			361,853			361,826			365,167			364,589			359,755
Total deposits	287,280			283,943			288,117			286,434			292,096			291,927			284,947
Allocated capital (1)	35,000			33,500			35,000			35,000			33,500			33,500			33,500
Period end
Total loans and leases	$	307,085		$	286,976		$	307,085		$	295,653		$	288,905		$	284,908		$	286,976
Total earnings assets (2)	322,971			324,626			322,971			318,872			308,448			310,987			324,626
Total assets (2)	367,045			370,561			367,045			365,121			353,667			354,967			370,561
Total deposits	292,261			295,382			292,261			290,422			279,793			282,325			295,382

⁽¹⁾  Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Allocated capital and the related return are non-GAAP financial measures. The Corporation believes the use of these non-GAAP financial measures provides additional clarity in assessing the results of the segments. Other companies may define or calculate these measures differently. (See Exhibit A: Non-GAAP Reconciliations - Reconciliations to GAAP Financial Measures on pages 45-48.)

⁽²⁾ Total earning assets and total assets include asset allocations to match liabilities (i.e., deposits) and allocated shareholders' equity.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 27

Bank of America Corporation and Subsidiaries
Global Banking Key Indicators
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2015			First Quarter 2015			Fourth Quarter 2014			Third Quarter 2014			Second Quarter 2014
	2015			2014
Investment Banking fees (1)
Advisory (2)	$	634		$	491		$	247		$	387		$	316		$	291		$	234
Debt issuance	706			835			371			335			379			318			388
Equity issuance	289			330			159			130			135			118			212
Total Investment Banking fees (3)	$	1,629		$	1,656		$	777		$	852		$	830		$	727		$	834
Business Lending
Corporate	$	1,597		$	1,742		$	708		$	889		$	800		$	878		$	830
Commercial	1,916			2,017			1,004			912			991			934			1,006
Business Banking	174			181			87			87			92			91			92
Total Business Lending revenue	$	3,687		$	3,940		$	1,799		$	1,888		$	1,883		$	1,903		$	1,928
Global Transaction Services
Corporate	$	1,369		$	1,483		$	709		$	660		$	748		$	769		$	754
Commercial	1,292			1,447			642			650			705			724			715
Business Banking	336			353			170			166			184			179			176
Total Global Transaction Services revenue	$	2,997		$	3,283		$	1,521		$	1,476		$	1,637		$	1,672		$	1,645
Average deposit balances
Interest-bearing	$	65,742		$	82,783		$	65,504		$	65,982		$	71,148		$	79,127		$	82,826
Noninterest-bearing	221,538			201,160			222,613			220,452			220,948			212,800			202,121
Total average deposits	$	287,280		$	283,943		$	288,117		$	286,434		$	292,096		$	291,927		$	284,947
Loan spread	1.64		%	1.76		%	1.60		%	1.68		%	1.69		%	1.70		%	1.72		%
Provision for credit losses	$	273		$	417		$	177		$	96		$	(31	)	$	(64	)	$	136
Credit quality (4, 5)
Reservable utilized criticized exposure	$	11,411		$	10,788		$	11,411		$	10,471		$	9,662		$	10,314		$	10,788
	3.44		%	3.46		%	3.44		%	3.28		%	3.07		%	3.32		%	3.46		%
Nonperforming loans, leases and foreclosed properties	$	1,179		$	1,023		$	1,179		$	979		$	892		$	1,080		$	1,023
	0.38		%	0.36		%	0.38		%	0.33		%	0.31		%	0.38		%	0.36		%
Average loans and leases by product
U.S. commercial	$	159,376		$	151,450		$	162,580		$	156,137		$	153,256		$	150,918		$	151,924
Commercial real estate	43,119			44,783			44,066			42,163			41,445			41,818			44,437
Commercial lease financing	25,585			25,295			25,728			25,442			25,105			25,127			25,165
Non-U.S. commercial	67,010			66,310			68,241			65,763			67,178			65,382			66,249
Other	17			19			16			17			19			19			20
Total average loans and leases	$	295,107		$	287,857		$	300,631		$	289,522		$	287,003		$	283,264		$	287,795
Total Corporation Investment Banking fees
Advisory (2)	$	704		$	550		$	276		$	428		$	341		$	316		$	264
Debt issuance	1,668			1,916			887			781			883			784			891
Equity issuance	762			827			417			345			348			315			514
Total investment banking fees including self-led deals	3,134			3,293			1,580			1,554			1,572			1,415			1,669
Self-led deals	(121		)	(120		)	(54		)	(67		)	(31		)	(64		)	(38		)
Total Investment Banking fees	$	3,013		$	3,173		$	1,526		$	1,487		$	1,541		$	1,351		$	1,631

⁽¹⁾  Investment banking fees represent total investment banking fees for Global Banking inclusive of self-led deals and fees included within Business Lending.

⁽²⁾  Advisory includes fees on debt and equity advisory and mergers and acquisitions.

⁽³⁾  Investment banking fees represent only the fee component in Global Banking and do not include certain less significant items shared with the Investment Banking Group under internal revenue sharing agreements.

⁽⁴⁾  Criticized exposure corresponds to the Special Mention, Substandard and Doubtful asset categories defined by regulatory authorities. The reservable criticized exposure is on an end-of-period basis and is also shown as a percentage of total commercial utilized reservable criticized exposure, including loans and leases, standby letters of credit, financial guarantees, commercial letters of credit and bankers' acceptances.

⁽⁵⁾  Nonperforming loans, leases and foreclosed properties are on an end-of-period basis. The nonperforming ratio is nonperforming assets divided by loans, leases and foreclosed properties.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 28

Bank of America Corporation and Subsidiaries
Investment Banking Product Rankings
	Six Months Ended June 30, 2015
	Global			U.S.
	Product Ranking	Market Share		Product Ranking	Market Share
Net investment banking revenue	3	6.2	%	3	8.6	%
Announced mergers and acquisitions	4	22.1		5	20.2
Equity capital markets	4	6.3		2	10.2
Debt capital markets	3	6.0		2	9.8
High-yield corporate debt	4	7.4		2	9.1
Leveraged loans	2	8.5		2	10.8
Mortgage-backed securities	5	7.5		7	8.0
Asset-backed securities	3	9.5		2	12.7
Convertible debt	2	9.4		2	14.0
Common stock underwriting	5	6.0		4	9.5
Investment-grade corporate debt	2	6.6		2	11.9
Syndicated loans	2	8.1		2	11.6

Source: Dealogic data as of July 6, 2015. Figures above include self-led transactions.

• Rankings based on deal volumes except net investment banking revenue rankings which reflect fees.

• Debt capital markets excludes loans but includes agencies.

• Mergers and acquisitions fees included in investment banking revenues reflect 10 percent fee credit at announcement and 90 percent fee credit at completion as per Dealogic.

• Mergers and acquisitions volume rankings are for announced transactions and provide credit to all investment banks advising either side of the transaction.

• Each advisor receives full credit for the deal amount unless advising a minor stakeholder.

Highlights

Global top 3 rankings in:
Leveraged loans	Investment-grade corporate debt
Asset-backed securities	Syndicated loans
Convertible debt	Debt capital markets
U.S. top 3 rankings in:
High-yield corporate debt	Investment-grade corporate debt
Leveraged loans	Syndicated loans
Asset-backed securities	Equity capital markets
Convertible debt	Debt capital markets

Top 3 rankings excluding self-led deals:

Global: Leveraged loans, Asset-backed securities, Convertible debt, Investment-grade corporate debt, Syndicated loans, Debt capital markets

U.S.: High-yield corporate debt, Leveraged loans, Asset-backed securities, Convertible debt, Investment-grade corporate debt, Syndicated loans, Equity capital markets, Debt capital markets

This information is preliminary and based on company data available at the time of the presentation. 29

Bank of America Corporation and Subsidiaries
Global Markets Segment Results
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2015			First Quarter 2015			Fourth Quarter 2014			Third Quarter 2014			Second Quarter 2014
	2015			2014
Net interest income (FTE basis)	$	2,037		$	1,968		$	1,028		$	1,009		$	1,036		$	999		$	962
Noninterest income:
Investment and brokerage services	1,117			1,110			550			567			545			527			544
Investment banking fees	1,348			1,496			718			630			670			577			760
Trading account profits	3,820			4,135			1,693			2,127			76			1,786			1,768
All other income	551			916			270			281			53			264			565
Total noninterest income	6,836			7,657			3,231			3,605			1,344			3,154			3,637
Total revenue, net of interest expense (FTE basis) (1)	8,873			9,625			4,259			4,614			2,380			4,153			4,599
Provision for credit losses	27			38			6			21			26			45			20
Noninterest expense	5,854			5,964			2,723			3,131			2,513			3,348			2,875
Income (loss) before income taxes (FTE basis)	2,992			3,623			1,530			1,462			(159		)	760			1,704
Income tax expense (benefit) (FTE basis)	1,054			1,211			537			517			(85		)	388			602
Net income (loss)	$	1,938		$	2,412		$	993		$	945		$	(74	)	$	372		$	1,102
Return on average allocated capital (2)	11		%	14		%	11		%	11		%	n/m			4		%	13		%
Efficiency ratio (FTE basis)	65.98			61.96			63.92			67.88			105.56		%	80.63			62.51
Balance Sheet
Average
Total trading-related assets (3)	$	443,225		$	448,596		$	442,506		$	443,951		$	455,535		$	446,490		$	459,938
Total loans and leases	59,463			63,637			61,908			56,992			58,108			62,959			63,579
Total earning assets (3)	435,500			467,594			436,077			434,916			451,937			457,835			478,192
Total assets	600,675			609,370			602,732			598,595			611,828			599,976			617,156
Total deposits	39,709			41,493			39,718			39,699			40,941			39,344			41,323
Allocated capital (2)	35,000			34,000			35,000			35,000			34,000			34,000			34,000
Period end
Total trading-related assets (3)	$	406,404		$	443,383		$	406,404		$	424,996		$	418,860		$	433,597		$	443,383
Total loans and leases	66,026			66,260			66,026			63,019			59,388			62,705			66,260
Total earning assets (3)	408,857			465,380			408,857			421,520			421,799			443,423			465,380
Total assets	580,955			610,435			580,955			586,843			579,593			598,806			610,435
Total deposits	39,326			41,951			39,326			38,668			40,746			39,133			41,951
Trading-related assets (average)
Trading account securities	$	195,312		$	201,996		$	197,113		$	193,491		$	201,867		$	201,963		$	200,726
Reverse repurchases	112,461			114,576			109,626			115,328			118,286			116,853			119,823
Securities borrowed	79,909			88,024			81,091			78,713			81,071			83,369			94,989
Derivative assets	55,543			44,000			54,676			56,419			54,311			44,305			44,400
Total trading-related assets (3)	$	443,225		$	448,596		$	442,506		$	443,951		$	455,535		$	446,490		$	459,938

⁽¹⁾ Substantially all of Global Markets total revenue is sales and trading revenue and investment banking fees, with a small portion related to certain revenue sharing agreements with other business segments. For additional sales and trading revenue information, see page 31.

⁽²⁾  Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Allocated capital and the related return are non-GAAP financial measures. The Corporation believes the use of these non-GAAP financial measures provides additional clarity in assessing the results of the segments. Other companies may define or calculate these measures differently. (See Exhibit A: Non-GAAP Reconciliations - Reconciliations to GAAP Financial Measures on pages 45-48.)

⁽³⁾  Trading-related assets include derivative assets, which are considered non-earning assets.

n/m = not meaningful

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 30

Bank of America Corporation and Subsidiaries
Global Markets Key Indicators
(Dollars in millions)
	Six Months Ended June 30				Second Quarter 2015		First Quarter 2015		Fourth Quarter 2014		Third Quarter 2014		Second Quarter 2014
	2015		2014
Sales and trading revenue (1)
Fixed income, currency and commodities	$	4,977	$	5,445	$	2,228	$	2,749	$	880	$	2,380	$	2,422
Equities	2,364		2,248		1,199		1,165		862		1,105		1,055
Total sales and trading revenue	$	7,341	$	7,693	$	3,427	$	3,914	$	1,742	$	3,485	$	3,477
Sales and trading revenue, excluding net debit valuation adjustment and funding valuation adjustment (2)
Fixed income, currency and commodities	$	4,891	$	5,309	$	2,146	$	2,745	$	1,457	$	2,247	$	2,366
Equities	2,329		2,203		1,179		1,150		911		1,033		1,042
Total sales and trading revenue, excluding net debit valuation adjustment and funding valuation adjustment	$	7,220	$	7,512	$	3,325	$	3,895	$	2,368	$	3,280	$	3,408
Sales and trading revenue breakdown
Net interest income	$	1,846	$	1,786	$	925	$	921	$	944	$	914	$	872
Commissions	1,106		1,101		544		562		541		522		540
Trading	3,801		4,135		1,676		2,125		76		1,784		1,769
Other	588		671		282		306		181		265		296
Total sales and trading revenue	$	7,341	$	7,693	$	3,427	$	3,914	$	1,742	$	3,485	$	3,477

⁽¹⁾  Includes Global Banking sales and trading revenue of $210 million and $153 million for the six months ended June 30, 2015 and 2014; $133 million and $76 million for the second and first quarters of 2015, and $163 million, $66 million and $67 million for the fourth, third, and second quarters of 2014, respectively.

⁽²⁾  For this presentation, sales and trading revenue excludes net debit valuation adjustment gains (losses) which include net debit valuation adjustments on derivatives and structured liabilities. Sales and trading revenue excluding net debit valuation adjustment gains (losses) represents a non-GAAP financial measure. In the fourth quarter of 2014, the Corporation adopted a funding valuation adjustment on uncollateralized derivatives in the Corporation's Global Markets business. This methodology seeks to account for the value of funding costs today rather than accruing the cost over the life of the derivatives. The adoption resulted in a one-time transitional charge of $497 million recorded in the fourth quarter of 2014.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 31

Bank of America Corporation and Subsidiaries
Legacy Assets & Servicing Segment Results
(Dollars in millions; except as noted)
	Six Months Ended June 30						Second Quarter 2015			First Quarter 2015			Fourth Quarter 2014			Third Quarter 2014			Second Quarter 2014
	2015			2014
Net interest income (FTE basis)	$	844		$	739		$	416		$	428		$	390		$	387		$	362
Noninterest income:
Mortgage banking income	1,143			660			682			461			241			152			369
All other income (loss)	16			87			(9		)	25			7			17			69
Total noninterest income	1,159			747			673			486			248			169			438
Total revenue, net of interest expense (FTE basis)	2,003			1,486			1,089			914			638			556			800
Provision for credit losses	148			(27		)	57			91			(113		)	267			(39		)
Noninterest expense	2,164			12,637			961			1,203			1,364			6,648			5,234
Income (loss) before income taxes (FTE basis)	(309		)	(11,124		)	71			(380		)	(613		)	(6,359		)	(4,395		)
Income tax expense (benefit) (FTE basis)	(115		)	(3,502		)	26			(141		)	(231		)	(1,245		)	(1,654		)
Net income (loss)	$	(194	)	$	(7,622	)	$	45		$	(239	)	$	(382	)	$	(5,114	)	$	(2,741	)
Net interest yield (FTE basis)	4.07		%	3.73		%	3.95		%	4.19		%	4.23		%	3.78		%	3.65		%
Return on average allocated capital (1)	n/m			n/m			1			n/m			n/m			n/m			n/m
Efficiency ratio (FTE basis)	n/m			n/m			88.27			n/m			n/m			n/m			n/m
Balance Sheet
Average
Total loans and leases	$	31,650		$	37,401		$	30,897		$	32,411		$	33,772		$	35,238		$	36,705
Total earning assets (2)	41,822			39,944			42,267			41,371			36,581			40,636			39,863
Total assets (2)	52,532			56,508			52,449			52,617			48,557			53,762			55,626
Allocated capital (1)	24,000			17,000			24,000			24,000			17,000			17,000			17,000
Period end
Total loans and leases	$	30,024		$	35,984		$	30,024		$	31,690		$	33,055		$	34,484		$	35,984
Total earning assets (2)	40,799			37,233			40,799			42,590			33,923			44,916			37,233
Total assets (2)	50,853			52,647			50,853			53,538			45,958			56,900			52,647
Period end (in billions)
Mortgage serviced portfolio (3)	$	610.0		$	760.0		$	610.0		$	669.0		$	693.0		$	722.0		$	760.0

⁽¹⁾  Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Allocated capital and the related return are non-GAAP financial measures. The Corporation believes the use of these non-GAAP financial measures provides additional clarity in assessing the results of the segments. Other companies may define or calculate these measures differently. (See Exhibit A: Non-GAAP Reconciliations - Reconciliations to GAAP Financial Measures on pages 45-48.)

⁽²⁾  Total earning assets and total assets include asset allocations to match liabilities (i.e., deposits) and allocated shareholders' equity

⁽³⁾  Includes servicing of residential mortgage loans, home equity lines of credit and home equity loans.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 32

Bank of America Corporation and Subsidiaries
Legacy Assets & Servicing Key Indicators
(Dollars in millions, except as noted)
	Six Months Ended June 30								Second Quarter 2015				First Quarter 2015				Fourth Quarter 2014				Third Quarter 2014				Second Quarter 2014
	2015				2014
Mortgage servicing rights at fair value rollforward:
Balance, beginning of period	$	3,271			$	5,042			$	3,108			$	3,271			$	3,986			$	4,134			$	4,577
Net additions	(69		)		62				(174		)		105				73				140				32
Amortization of expected cash flows (1)	(385		)		(419		)		(187		)		(198		)		(198		)		(201		)		(209		)
Other changes in mortgage servicing rights fair value (2)	384				(551		)		454				(70		)		(590		)		(87		)		(266		)
Balance, end of period (3)	$	3,201			$	4,134			$	3,201			$	3,108			$	3,271			$	3,986			$	4,134
Capitalized mortgage servicing rights (% of loans serviced for investors)	78			bps	82			bps	78			bps	68			bps	69			bps	81			bps	82			bps
Mortgage loans serviced for investors (in billions)	$	409			$	505			$	409			$	459			$	474			$	491			$	505
Mortgage banking income
Servicing income:
Servicing fees	$	822			$	1,025			$	392			$	430			$	461			$	471			$	492
Amortization of expected cash flows (1)	(385		)		(419		)		(187		)		(198		)		(198		)		(201		)		(209		)
Fair value changes of mortgage servicing rights, net of risk management activities used to hedge certain market risks (4)	443				171				193				250				142				(19		)		105
Other servicing-related revenue	—				8				—				—				—				—				4
Total net servicing income	880				785				398				482				405				251				392
Representations and warranties provision	114				(295		)		204				(90		)		(246		)		(152		)		(110		)
Other mortgage banking income (5)	149				170				80				69				82				53				87
Total Legacy Assets & Servicing mortgage banking income	$	1,143			$	660			$	682			$	461			$	241			$	152			$	369

⁽¹⁾  Represents the net change in fair value of the mortgage servicing rights asset due to the recognition of modeled cash flows.

⁽²⁾  These amounts reflect the changes in modeled mortgage servicing rights fair value primarily due to observed changes in interest rates, volatility, spreads and the shape of the forward swap curve and periodic adjustments to valuation based on third-party price discovery. In addition, these amounts reflect periodic adjustments to the valuation model to reflect changes in the modeled relationship between inputs and their impact on projected cash flows, changes in certain cash flow assumptions such as cost to service and ancillary income per loan and the impact of periodic recalibrations of the model to reflect changes in the relationship between market interest rate spreads and projected cash flows.

⁽³⁾  Does not include certain non-U.S. residential mortgage MSR balances, which are recorded in Global Markets.

⁽⁴⁾  Includes gains and losses on sales of mortgage servicing rights.

⁽⁵⁾  Consists primarily of revenue from sales of repurchased loans that had returned to performing status.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 33

Bank of America Corporation and Subsidiaries
All Other Results (1)
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2015			First Quarter 2015			Fourth Quarter 2014			Third Quarter 2014			Second Quarter 2014
	2015			2014
Net interest income (FTE basis)	$	541		$	(241	)	$	790		$	(249	)	$	(349	)	$	68		$	(85	)
Noninterest income:
Card income	134			176			65			69			90			92			88
Equity investment income	12			793			11			1			(37		)	(26		)	95
Gains on sales of debt securities	425			739			162			263			161			410			382
All other loss	(699		)	(1,251		)	(263		)	(436		)	(611		)	(587		)	(595		)
Total noninterest income	(128		)	457			(25		)	(103		)	(397		)	(111		)	(30		)
Total revenue, net of interest expense (FTE basis)	413			216			765			(352		)	(746		)	(43		)	(115		)
Provision for credit losses	(163		)	(382		)	19			(182		)	(330		)	(265		)	(248		)
Noninterest expense	1,918			2,191			415			1,503			483			259			475
Income (loss) before income taxes (FTE basis)	(1,342		)	(1,593		)	331			(1,673		)	(899		)	(37		)	(342		)
Income tax benefit (FTE basis)	(1,138		)	(1,523		)	(306		)	(832		)	(524		)	(543		)	(467		)
Net income (loss)	$	(204	)	$	(70	)	$	637		$	(841	)	$	(375	)	$	506		$	125
Balance Sheet
Average
Total loans and leases	$	161,850		$	213,966		$	156,006		$	167,758		$	183,091		$	199,404		$	210,576
Total assets (2)	256,289			286,322			257,078			255,490			263,166			272,531			291,723
Total deposits	20,951			35,731			22,482			19,406			22,163			29,880			36,471
Period end
Total loans and leases	$	146,557		$	205,471		$	146,557		$	159,885		$	172,612		$	188,356		$	205,471
Total equity investments	4,670			5,126			4,670			4,716			4,886			5,001			5,126
Total assets (3)	272,038			293,086			272,038			252,136			261,381			266,319			293,086
Total deposits	22,964			33,824			22,964			19,467			19,241			25,419			33,824

⁽¹⁾  All Other consists of ALM activities, equity investments, the international consumer card business, liquidating businesses, residual expense allocations and other. ALM activities encompass residential mortgage securities, interest rate and foreign currency risk management activities including the residual net interest income allocation, the impact of certain allocation methodologies and accounting hedge ineffectiveness. Beginning with new originations in 2014, we retain certain residential mortgages in Consumer Banking, consistent with where the overall relationship is managed; previously such mortgages were in All Other. Additionally, certain residential mortgage loans that are managed by Legacy Assets & Servicing are held in All Other. The results of certain ALM activities are allocated to our business segments. Equity investments include our merchant services joint venture as well as Global Principal Investments which is comprised of a portfolio of equity, real estate and other alternative investments.

⁽²⁾  Includes elimination of segments' excess asset allocations to match liabilities (i.e., deposits) and allocated shareholders' equity of $497.4 billion and $477.2 billion for the six months ended June 30, 2015 and 2014; $493.0 billion, $501.8 billion, $483.2 billion, $490.7 billion and $480.8 billion for the second and first quarters of 2015, and the fourth, third and second quarters of 2014, respectively.

⁽³⁾  Includes elimination of segments' excess asset allocations to match liabilities (i.e., deposits) and allocated shareholders' equity of $488.5 billion, $512.6 billion, $474.8 billion, $483.5 billion and $486.6 billion at June 30, 2015, March 31, 2015, December 31, 2014, September 30, 2014 and June 30, 2014, respectively.

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 34

Bank of America Corporation and Subsidiaries
Outstanding Loans and Leases
(Dollars in millions)
	June 30 2015		March 31 2015		June 30 2014
Consumer
Residential mortgage (1)	$	198,825	$	207,925	$	237,136
Home equity	81,006		83,571		89,499
U.S. credit card	88,403		87,288		89,020
Non-U.S. credit card	10,276		9,660		11,999
Direct/Indirect consumer (2)	84,754		82,141		82,586
Other consumer (3)	2,000		1,842		2,079
Total consumer loans excluding loans accounted for under the fair value option	465,264		472,427		512,319
Consumer loans accounted for under the fair value option (4)	1,971		2,055		2,154
Total consumer	467,235		474,482		514,473
Commercial
U.S. commercial (5)	248,296		238,307		231,622
Commercial real estate (6)	52,344		49,446		46,815
Commercial lease financing	25,342		24,468		24,565
Non-U.S. commercial	87,574		84,842		85,677
Total commercial loans excluding loans accounted for under the fair value option	413,556		397,063		388,679
Commercial loans accounted for under the fair value option (4)	5,658		6,411		8,747
Total commercial	419,214		403,474		397,426
Total loans and leases	$	886,449	$	877,956	$	911,899

⁽¹⁾  Includes pay option loans of $2.6 billion, $2.9 billion and $3.7 billion at June 30, 2015, March 31, 2015 and June 30, 2014, respectively. The Corporation no longer originates pay option loans.

⁽²⁾  Includes auto and specialty lending loans of $39.6 billion, $38.9 billion and $37.7 billion, unsecured consumer lending loans of $1.1 billion, $1.3 billion and $2.0 billion, U.S. securities-based lending loans of $38.6 billion, $36.6 billion and $33.8 billion, non-U.S. consumer loans of $4.0 billion, $4.0 billion and $4.4 billion, student loans of $596 million, $611 million and $3.8 billion and other consumer loans of $809 million, $743 million and $937 million at June 30, 2015, March 31, 2015 and June 30, 2014, respectively.

⁽³⁾  Includes consumer finance loans of $618 million, $646 million and $1.1 billion, consumer leases of $1.2 billion, $1.1 billion and $819 million, consumer overdrafts of $227 million, $120 million and $170 million and other non-U.S. consumer loans of $3 million, $3 million and $3 million at June 30, 2015, March 31, 2015 and June 30, 2014, respectively.

⁽⁴⁾  Consumer loans accounted for under the fair value option were residential mortgage loans of $1.8 billion, $1.9 billion and $2.0 billion and home equity loans of $208 million, $205 million and $170 million at June 30, 2015, March 31, 2015 and June 30, 2014, respectively. Commercial loans accounted for under the fair value option were U.S. commercial loans of $2.3 billion, $2.0 billion and $1.3 billion and non-U.S. commercial loans of $3.4 billion, $4.5 billion and $7.4 billion at June 30, 2015, March 31, 2015 and June 30, 2014, respectively.

⁽⁵⁾  Includes U.S. small business commercial loans, including card-related products, of $13.2 billion, $13.2 billion and $13.5 billion at June 30, 2015, March 31, 2015 and June 30, 2014, respectively.

⁽⁶⁾  Includes U.S. commercial real estate loans of $48.6 billion, $46.7 billion and $45.5 billion and non-U.S. commercial real estate loans of $3.7 billion, $2.8 billion and $1.3 billion at June 30, 2015, March 31, 2015 and June 30, 2014, respectively.

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 35

Bank of America Corporation and Subsidiaries
Quarterly Average Loans and Leases by Business Segment
(Dollars in millions)
	Second Quarter 2015
	Total Corporation		Consumer Banking		GWIM		Global Banking		Global Markets		Legacy Assets & Servicing		All  Other
Consumer
Residential mortgage	$	207,356	$	13,928	$	52,944	$	7	$	3	$	900	$	139,574
Home equity	82,640		44,662		5,919		4		206		29,977		1,872
U.S. credit card	87,460		84,385		3,075		—		—		—		—
Non-U.S. credit card	10,012		—		—		—		—		—		10,012
Direct/Indirect consumer	83,698		40,539		42,464		4		—		—		691
Other consumer	1,885		1,243		8		1		—		—		633
Total consumer	473,051		184,757		104,410		16		209		30,877		152,782
Commercial
U.S. commercial	244,540		16,922		23,608		162,580		36,993		20		4,417
Commercial real estate	50,478		24		2,049		44,066		4,173		—		166
Commercial lease financing	24,723		—		4		25,728		373		—		(1,382		)
Non-U.S. commercial	88,623		—		199		68,241		20,160		—		23
Total commercial	408,364		16,946		25,860		300,615		61,699		20		3,224
Total loans and leases	$	881,415	$	201,703	$	130,270	$	300,631	$	61,908	$	30,897	$	156,006
	First Quarter 2015
	Total Corporation		Consumer Banking		GWIM		Global Banking		Global Markets		Legacy Assets & Servicing		All  Other
Consumer
Residential mortgage	$	215,030	$	11,151	$	51,647	$	7	$	—	$	920	$	151,305
Home equity	84,915		45,331		6,112		4		197		31,467		1,804
U.S. credit card	88,695		85,577		3,118		—		—		—		—
Non-U.S. credit card	10,002		—		—		—		—		—		10,002
Direct/Indirect consumer	80,713		39,293		40,619		4		—		—		797
Other consumer	1,847		1,166		16		2		1		—		662
Total consumer	481,202		182,518		101,512		17		198		32,387		164,570
Commercial
U.S. commercial	234,907		17,035		22,572		156,137		34,747		24		4,392
Commercial real estate	48,234		28		1,908		42,163		3,951		—		184
Commercial lease financing	24,495		—		4		25,442		450		—		(1,401		)
Non-U.S. commercial	83,555		—		133		65,763		17,646		—		13
Total commercial	391,191		17,063		24,617		289,505		56,794		24		3,188
Total loans and leases	$	872,393	$	199,581	$	126,129	$	289,522	$	56,992	$	32,411	$	167,758
	Second Quarter 2014
	Total Corporation		Consumer Banking		GWIM		Global Banking		Global Markets		Legacy Assets & Servicing		All  Other
Consumer
Residential mortgage	$	243,406	$	5,731	$	48,855	$	6	$	—	$	961	$	187,853
Home equity	90,729		46,676		6,578		8		160		35,710		1,597
U.S. credit card	88,058		84,849		3,209		—		—		—		—
Non-U.S. credit card	11,759		—		—		—		—		—		11,759
Direct/Indirect consumer	82,102		40,069		37,348		5		12		—		4,668
Other consumer	2,011		890		9		1		—		—		1,111
Total consumer	518,065		178,215		95,999		20		172		36,671		206,988
Commercial
U.S. commercial	230,486		17,168		20,688		151,924		35,906		34		4,766
Commercial real estate	48,315		30		1,672		44,437		1,937		—		239
Commercial lease financing	24,409		—		4		25,165		743		—		(1,503		)
Non-U.S. commercial	91,305		—		149		66,249		24,821		—		86
Total commercial	394,515		17,198		22,513		287,775		63,407		34		3,588
Total loans and leases	$	912,580	$	195,413	$	118,512	$	287,795	$	63,579	$	36,705	$	210,576

Certain prior period amounts have been reclassified among the segments to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 36

Bank of America Corporation and Subsidiaries
Commercial Credit Exposure by Industry (1, 2, 3)
(Dollars in millions)
	Commercial Utilized						Total Commercial Committed
	June 30 2015		March 31 2015		June 30 2014		June 30 2015			March 31 2015			June 30 2014
Diversified financials	$	68,976	$	65,579	$	72,302	$	114,441		$	111,306		$	120,705
Real estate (4)	58,006		57,930		52,982		78,965			78,357			74,535
Retailing	36,731		34,612		33,941		63,136			58,701			54,983
Capital goods	30,566		29,254		28,921		55,057			54,171			53,444
Government and public education	43,055		42,894		40,174		50,582			51,066			47,613
Healthcare equipment and services	33,232		31,636		32,410		50,548			49,022			55,737
Banking	42,764		46,539		42,543		48,942			51,732			51,100
Energy	22,473		22,174		20,744		47,341			45,416			40,826
Materials	24,382		24,586		23,292		46,661			46,503			42,809
Food, beverage and tobacco	17,796		17,100		15,357		35,664			35,083			31,792
Consumer services	21,635		21,987		21,414		34,310			34,094			34,391
Commercial services and supplies	19,132		18,473		19,259		31,892			30,623			31,013
Media	12,181		11,615		11,801		27,153			21,596			23,283
Transportation	18,391		18,050		16,227		26,006			25,655			23,787
Utilities	11,161		10,559		9,898		25,601			25,679			26,549
Individuals and trusts	17,614		16,723		15,790		22,375			21,568			19,811
Software and services	5,607		5,542		6,296		14,451			15,052			13,360
Technology hardware and equipment	6,187		5,158		6,883		13,792			14,125			13,428
Pharmaceuticals and biotechnology	6,049		5,956		4,534		13,054			16,800			13,221
Consumer durables and apparel	6,110		6,457		5,793		10,633			10,827			10,274
Automobiles and components	4,799		5,203		3,446		10,185			10,479			9,000
Insurance, including monolines	4,404		4,758		4,827		10,154			10,402			11,075
Telecommunication services	3,934		3,991		4,269		9,990			10,407			10,207
Food and staples retailing	3,831		3,812		4,079		7,286			7,482			7,831
Religious and social organizations	4,700		4,692		5,144		6,257			6,215			6,965
Other	5,754		7,249		5,544		13,838			12,704			8,686
Total commercial credit exposure by industry	$	529,470	$	522,529	$	507,870	$	868,314		$	855,065		$	836,425
Net credit default protection purchased on total commitments (5)							$	(5,584	)	$	(6,720	)	$	(8,678	)

⁽¹⁾  Includes loans and leases, standby letters of credit and financial guarantees, derivative assets, assets held-for-sale, commercial letters of credit, bankers' acceptances, securitized assets, foreclosed properties and other collateral acquired. Derivative assets are carried at fair value, reflect the effects of legally enforceable master netting agreements and have been reduced by the amount of cash collateral applied of $39.7 billion, $52.7 billion and $41.2 billion at June 30, 2015, March 31, 2015 and June 30, 2014, respectively. Not reflected in utilized and committed exposure is additional non-cash derivative collateral held of $22.6 billion, $21.8 billion and $16.3 billion, which consists primarily of other marketable securities at June 30, 2015, March 31, 2015 and June 30, 2014, respectively.

⁽²⁾  Total commercial utilized and total commercial committed exposure include loans and letters of credit accounted for under the fair value option and are comprised of loans outstanding of $5.7 billion, $6.4 billion and $8.7 billion and issued letters of credit at notional value of $246 million, $469 million and $553 million at June 30, 2015, March 31, 2015 and June 30, 2014, respectively. In addition, total commercial committed exposure includes unfunded loan commitments at notional value of $7.9 billion, $8.4 billion and $9.5 billion at June 30, 2015, March 31, 2015 and June 30, 2014, respectively.

⁽³⁾  Includes U.S. small business commercial exposure.

⁽⁴⁾  Industries are viewed from a variety of perspectives to best isolate the perceived risks. For purposes of this table, the real estate industry is defined based on the borrowers' or counterparties' primary business activity using operating cash flows and primary source of repayment as key factors.

⁽⁵⁾  Represents net notional credit protection purchased.

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 37

Bank of America Corporation and Subsidiaries
Net Credit Default Protection by Maturity Profile (1)
	June 30 2015		March 31 2015
Less than or equal to one year	35	%	40	%
Greater than one year and less than or equal to five years	63		58
Greater than five years	2		2
Total net credit default protection	100	%	100	%

⁽¹⁾  To mitigate the cost of purchasing credit protection, credit exposure can be added by selling credit protection. The distribution of maturities for net credit default protection purchased is shown in this table.

Net Credit Default Protection by Credit Exposure Debt Rating (1)
(Dollars in millions)
	June 30, 2015					March 31, 2015
Ratings (2, 3)	Net Notional (4)			Percent of Total		Net Notional (4)			Percent of Total
A	$	(622	)	11.1	%	$	(758	)	11.3	%
BBB	(2,196		)	39.3		(3,168		)	47.1
BB	(1,908		)	34.2		(2,013		)	30.0
B	(762		)	13.6		(689		)	10.3
CCC and below	(70		)	1.3		(56		)	0.8
NR (5)	(26		)	0.5		(36		)	0.5
Total net credit default protection	$	(5,584	)	100.0	%	$	(6,720	)	100.0	%

⁽¹⁾  To mitigate the cost of purchasing credit protection, credit exposure can be added by selling credit protection. The distribution of debt rating for net notional credit default protection purchased is shown as a negative and the net notional credit protection sold is shown as a positive amount.

⁽²⁾  Ratings are refreshed on a quarterly basis.

⁽³⁾  Ratings of BBB- or higher are considered to meet the definition of investment grade.

⁽⁴⁾  Represents net credit default protection (purchased) sold.

⁽⁵⁾  NR is comprised of index positions held and any names that have not been rated.

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 38

Bank of America Corporation and Subsidiaries
Top 20 Non-U.S. Countries Exposure
(Dollars in millions)
	Funded Loans and Loan Equivalents (1)		Unfunded Loan Commitments		Net Counterparty Exposure (2)		Securities/ Other Investments (3)		Country Exposure at June 30 2015		Hedges and Credit Default Protection (4)			Net Country Exposure at June 30 2015 (5)		Increase (Decrease) from March 31 2015
United Kingdom	$	26,804	$	12,270	$	7,914	$	5,527	$	52,515	$	(2,846	)	$	49,669	$	3,345
Canada	6,385		6,948		2,060		4,355		19,748		(1,922		)	17,826		249
Germany	5,534		4,401		4,199		5,047		19,181		(3,299		)	15,882		472
Brazil	10,801		315		452		4,252		15,820		(340		)	15,480		(1,002		)
Japan	9,491		500		3,992		2,845		16,828		(1,762		)	15,066		(1,228		)
France	2,428		4,709		1,500		6,302		14,939		(2,877		)	12,062		2,022
China	9,799		385		691		1,251		12,126		(841		)	11,285		(138		)
India	6,779		324		181		3,533		10,817		(263		)	10,554		(888		)
Hong Kong	7,896		340		1,022		591		9,849		(35		)	9,814		1,682
Netherlands	3,143		3,373		957		1,644		9,117		(893		)	8,224		(391		)
South Korea	4,036		963		1,138		2,548		8,685		(696		)	7,989		419
Australia	3,320		2,027		680		1,819		7,846		(532		)	7,314		97
Switzerland	3,567		3,127		688		733		8,115		(1,023		)	7,092		(35		)
Italy	2,988		1,475		1,618		929		7,010		(1,522		)	5,488		1,148
Singapore	2,417		240		675		1,126		4,458		(64		)	4,394		288
Spain	2,300		529		269		1,105		4,203		(499		)	3,704		(281		)
Mexico	2,904		917		222		41		4,084		(611		)	3,473		(321		)
Turkey	2,998		173		26		50		3,247		(192		)	3,055		386
Russia	3,310		51		245		19		3,625		(741		)	2,884		60
United Arab Emirates	1,733		258		976		35		3,002		(125		)	2,877		526
Total top 20 non-U.S. countries exposure	$	118,633	$	43,325	$	29,505	$	43,752	$	235,215	$	(21,083	)	$	214,132	$	6,410

⁽¹⁾  Includes loans, leases, and other extensions of credit and funds, including letters of credit and due from placements, which have not been reduced by collateral, hedges or credit default protection. Funded loans and loan equivalents are reported net of charge-offs but prior to any allowance for loan and lease losses.

⁽²⁾  Net counterparty exposure includes the fair value of derivatives, including the counterparty risk associated with credit default swaps, and secured financing transactions. Derivative exposures are presented net of $27.2 billion in collateral, which is predominantly cash, pledged under legally enforceable master netting agreements. Secured financing transaction exposures are presented net of eligible cash or securities pledged as collateral. The notional amount of reverse repurchase transactions was $98.3 billion. Counterparty exposure is not presented net of hedges or credit default protection.

⁽³⁾  Long securities exposures are netted on a single-name basis to, but not below, zero by short exposures and net credit default swaps purchased, consisting of single-name and net indexed and tranched credit default swaps.

⁽⁴⁾  Represents credit default protection purchased, net of credit default protection sold, which is used to mitigate the Corporation's risk to country exposures as listed, consisting of net single-name and net indexed and tranched credit default swaps. Amounts are calculated based on the credit default swaps notional amount assuming a zero recovery rate less any fair value receivable or payable.

⁽⁵⁾  Represents country exposure less hedges and credit default protection purchased, net of credit default protection sold.

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 39

Bank of America Corporation and Subsidiaries
Nonperforming Loans, Leases and Foreclosed Properties
(Dollars in millions)
	June 30 2015			March 31 2015			December 31 2014			September 30 2014			June 30 2014
Residential mortgage	$	5,985		$	6,421		$	6,889		$	8,118		$	9,235
Home equity	3,563			3,759			3,901			4,026			4,181
Direct/Indirect consumer	26			28			28			30			29
Other consumer	1			1			1			14			15
Total consumer	9,575			10,209			10,819			12,188			13,460
U.S. commercial	869			680			701			757			849
Commercial real estate	126			132			321			445			252
Commercial lease financing	19			16			3			7			8
Non-U.S. commercial	80			79			1			45			7
	1,094			907			1,026			1,254			1,116
U.S. small business commercial	78			89			87			98			100
Total commercial	1,172			996			1,113			1,352			1,216
Total nonperforming loans and leases	10,747			11,205			11,932			13,540			14,676
Foreclosed properties (1)	818			896			697			692			624
Total nonperforming loans, leases and foreclosed properties (2, 3, 4)	$	11,565		$	12,101		$	12,629		$	14,232		$	15,300
Fully-insured home loans past due 30 days or more and still accruing	$	11,871		$	12,743		$	14,617		$	16,280		$	17,347
Consumer credit card past due 30 days or more and still accruing	1,650			1,749			1,884			1,903			1,923
Other loans past due 30 days or more and still accruing	3,429			3,532			3,953			4,326			4,064
Total loans past due 30 days or more and still accruing (3, 5, 6)	$	16,950		$	18,024		$	20,454		$	22,509		$	23,334
Fully-insured home loans past due 90 days or more and still accruing	$	8,917		$	9,912		$	11,407		$	13,045		$	14,137
Consumer credit card past due 90 days or more and still accruing	828			883			961			935			990
Other loans past due 90 days or more and still accruing	195			173			286			609			523
Total loans past due 90 days or more and still accruing (3, 5, 6)	$	9,940		$	10,968		$	12,654		$	14,589		$	15,650
Nonperforming loans, leases and foreclosed properties/Total assets (7)	0.54		%	0.57		%	0.60		%	0.67		%	0.71		%
Nonperforming loans, leases and foreclosed properties/Total loans, leases and foreclosed properties (7)	1.31			1.39			1.45			1.61			1.70
Nonperforming loans and leases/Total loans and leases (7)	1.22			1.29			1.37			1.53			1.63
Commercial utilized reservable criticized exposure (8)	$	13,312		$	12,303		$	11,570		$	11,766		$	12,430
Commercial utilized reservable criticized exposure/Commercial utilized reservable exposure (8)	2.97		%	2.85		%	2.74		%	2.79		%	2.92		%
Total commercial utilized criticized exposure/Commercial utilized exposure (8)	3.08			2.99			2.97			2.97			3.15

⁽¹⁾  Foreclosed property balances do not include properties insured by certain government-guaranteed loans, principally FHA-insured loans, that entered foreclosure of $1.3 billion, $1.2 billion, $1.1 billion, $1.1 billion and $1.1 billion at June 30, 2015, March 31, 2015, December 31, 2014, September 30, 2014 and June 30, 2014, respectively.

⁽²⁾  Balances do not include past due consumer credit card, consumer loans secured by real estate where repayments are insured by the Federal Housing Administration and individually insured long-term stand-by agreements (fully-insured home loans), and in general, other consumer and commercial loans not secured by real estate.

⁽³⁾  Balances do not include purchased credit-impaired loans even though the customer may be contractually past due. Purchased credit-impaired loans were recorded at fair value upon acquisition and accrete interest income over the remaining life of the loan.

(4) Balances do not include the following:	June 30 2015		March 31 2015		December 31 2014		September 30 2014		June 30 2014
Nonperforming loans held-for-sale	$	298	$	344	$	219	$	255	$	598
Nonperforming loans accounted for under the fair value option	339		380		392		436		427
Nonaccruing troubled debt restructured loans removed from the purchased credit-impaired portfolio prior to January 1, 2010	72		86		102		101		140

⁽⁵⁾  Balances do not include loans held-for-sale past due 30 days or more and still accruing of $42 million, $125 million, $475 million, $42 million and $37 million at June 30, 2015, March 31, 2015, December 31, 2014, September 30, 2014 and June 30, 2014, respectively, and loans held-for-sale past due 90 days or more and still accruing of $0, $44 million, $249 million, $0 and $0 at June 30, 2015, March 31, 2015, December 31, 2014, September 30, 2014 and June 30, 2014, respectively. At June 30, 2015, March 31, 2015, December 31, 2014, September 30, 2014 and June 30, 2014, there were $141 million, $132 million, $147 million, $147 million and $153 million, respectively, of loans accounted for under the fair value option past due 30 days or more and still accruing interest.

⁽⁶⁾  These balances are excluded from total nonperforming loans, leases and foreclosed properties.

⁽⁷⁾  Total assets and total loans and leases do not include loans accounted for under the fair value option of $7.6 billion, $8.5 billion, $8.7 billion, $8.2 billion and $10.9 billion at June 30, 2015, March 31, 2015, December 31, 2014, September 30, 2014 and June 30, 2014, respectively.

⁽⁸⁾  Criticized exposure corresponds to the Special Mention, Substandard and Doubtful asset categories defined by regulatory authorities. The reservable criticized exposure excludes loans held-for-sale, exposure accounted for under the fair value option and other nonreservable exposure.

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 40

Bank of America Corporation and Subsidiaries
Nonperforming Loans, Leases and Foreclosed Properties Activity (1)
(Dollars in millions)
	Second Quarter 2015			First Quarter 2015			Fourth Quarter 2014			Third Quarter 2014			Second Quarter 2014
Nonperforming Consumer Loans and Leases:
Balance, beginning of period	$	10,209		$	10,819		$	12,188		$	13,460		$	15,844
Additions to nonperforming loans and leases:
New nonperforming loans and leases	1,424			1,469			1,709			1,516			1,825
Reductions to nonperforming loans and leases:
Paydowns and payoffs	(289		)	(253		)	(310		)	(522		)	(325		)
Sales	(542		)	(371		)	(1,347		)	(957		)	(1,825		)
Returns to performing status (2)	(631		)	(867		)	(728		)	(810		)	(939		)
Charge-offs (3)	(484		)	(460		)	(533		)	(431		)	(640		)
Transfers to foreclosed properties	(112		)	(128		)	(160		)	(183		)	(157		)
Transfers (to) from loans held-for-sale	—			—			—			115			(323		)
Total net reductions to nonperforming loans and leases	(634		)	(610		)	(1,369		)	(1,272		)	(2,384		)
Total nonperforming consumer loans and leases, end of period	9,575			10,209			10,819			12,188			13,460
Foreclosed properties	553			632			630			614			547
Nonperforming consumer loans, leases and foreclosed properties, end of period	$	10,128		$	10,841		$	11,449		$	12,802		$	14,007
Nonperforming Commercial Loans and Leases (4):
Balance, beginning of period	$	996		$	1,113		$	1,352		$	1,216		$	1,265
Additions to nonperforming loans and leases:
New nonperforming loans and leases	419			287			214			477			275
Advances	15			2			6			33			1
Reductions to nonperforming loans and leases:
Paydowns	(103		)	(110		)	(202		)	(161		)	(183		)
Sales	(65		)	(16		)	(81		)	(12		)	(29		)
Return to performing status (5)	(27		)	(24		)	(77		)	(80		)	(41		)
Charge-offs	(56		)	(51		)	(95		)	(116		)	(71		)
Transfers to foreclosed properties	(7		)	(205		)	(4		)	(5		)	(1		)
Total net additions (reductions) to nonperforming loans and leases	176			(117		)	(239		)	136			(49		)
Total nonperforming commercial loans and leases, end of period	1,172			996			1,113			1,352			1,216
Foreclosed properties	265			264			67			78			77
Nonperforming commercial loans, leases and foreclosed properties, end of period	$	1,437		$	1,260		$	1,180		$	1,430		$	1,293

⁽¹⁾  For amounts excluded from nonperforming loans, leases and foreclosed properties, see footnotes to Nonperforming Loans, Leases and Foreclosed Properties table on page 40.

⁽²⁾  Consumer loans and leases may be returned to performing status when all principal and interest is current and full repayment of the remaining contractual principal and interest is expected, or when the loan otherwise becomes well-secured and is in the process of collection. Certain troubled debt restructurings are classified as nonperforming at the time of restructuring and may only be returned to performing status after considering the borrower's sustained repayment performance for a reasonable period, generally six months.

⁽³⁾  Our policy is not to classify consumer credit card and non-bankruptcy related consumer loans not secured by real estate as nonperforming; therefore, the charge-offs on these loans have no impact on nonperforming activity and, accordingly, are excluded from this table.

⁽⁴⁾  Includes U.S. small business commercial activity. Small business card loans are excluded as they are not classified as nonperforming.

⁽⁵⁾  Commercial loans and leases may be returned to performing status when all principal and interest is current and full repayment of the remaining contractual principal and interest is expected, or when the loan otherwise becomes well-secured and is in the process of collection. Troubled debt restructurings are generally classified as performing after a sustained period of demonstrated payment performance.

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 41

Bank of America Corporation and Subsidiaries
Quarterly Net Charge-offs and Net Charge-off Ratios (1, 2)
(Dollars in millions)
	Second Quarter 2015					First Quarter 2015					Fourth Quarter 2014					Third Quarter 2014					Second Quarter 2014
Net Charge-offs	Amount			Percent		Amount			Percent		Amount			Percent		Amount			Percent		Amount			Percent
Residential mortgage (3)	$	177		0.35	%	$	197		0.37	%	$	(259	)	(0.46	)%	$	53		0.09	%	$	(35	)	(0.06	)%
Home equity	151			0.73		172			0.82		277			1.27		89			0.40		239			1.06
U.S. credit card	584			2.68		621			2.84		612			2.71		625			2.79		683			3.11
Non-U.S. credit card	51			2.03		44			1.80		52			1.90		67			2.26		47			1.59
Direct/Indirect consumer	24			0.11		34			0.17		44			0.21		34			0.17		33			0.16
Other consumer	33			7.00		49			10.88		68			13.31		56			10.48		47			9.26
Total consumer	1,020			0.87		1,117			0.95		794			0.64		924			0.72		1,014			0.79
U.S. commercial (4)	(1		)	—		7			0.01		19			0.04		58			0.11		6			0.01
Commercial real estate	(4		)	(0.03	)	5			0.04		(8		)	(0.07	)	(6		)	(0.05	)	(32		)	(0.27	)
Commercial lease financing	—			—		5			0.09		1			0.02		(3		)	(0.05	)	(5		)	(0.07	)
Non-U.S. commercial	2			0.01		(2		)	(0.01	)	2			0.01		1			—		12			0.06
	(3		)	—		15			0.02		14			0.02		50			0.05		(19		)	(0.02	)
U.S. small business commercial	51			1.56		62			1.90		71			2.10		69			2.03		78			2.34
Total commercial	48			0.05		77			0.08		85			0.09		119			0.12		59			0.06
Total net charge-offs	$	1,068		0.49		$	1,194		0.56		$	879		0.40		$	1,043		0.46		$	1,073		0.48
By Business Segment
Consumer Banking	$	726		1.44	%	$	806		1.64	%	$	832		1.66	%	$	815		1.64	%	$	894		1.83	%
Global Wealth & Investment Management	17			0.05		18			0.06		36			0.12		6			0.02		4			0.01
Global Banking	(2		)	—		6			0.01		2			—		52			0.07		(8		)	(0.01	)
Global Markets	—			—		—			—		—			—		—			—		3			0.02
Legacy Assets & Servicing	99			1.32		122			1.56		199			2.40		42			0.48		169			1.90
All Other	228			0.59		242			0.59		(190		)	(0.41	)	128			0.26		11			0.02
Total net charge-offs	$	1,068		0.49		$	1,194		0.56		$	879		0.40		$	1,043		0.46		$	1,073		0.48

⁽¹⁾  Net charge-off ratios are calculated as annualized net charge-offs divided by average outstanding loans and leases excluding loans accounted for under the fair value option during the period for each loan and lease category. Excluding the purchased credit-impaired loan portfolio, total annualized net charge-offs as a percentage of total average loans and leases outstanding were 0.50, 0.57, 0.41, 0.48 and 0.49 for the three months ended June 30, 2015, March 31, 2015, December 31, 2014, September 30, 2014 and June 30, 2014, respectively.

⁽²⁾  Excludes write-offs of purchased credit-impaired loans of $290 million, $288 million, $13 million, $246 million and $160 million for the three months ended June 30, 2015, March 31, 2015, December 31, 2014, September 30, 2014 and June 30, 2014, respectively. Including the write-offs of purchased credit-impaired loans, total annualized net charge-offs and purchased credit-impaired write-offs as a percentage of total average loans and leases outstanding were 0.62, 0.70, 0.40, 0.57 and 0.55 for the three months ended June 30, 2015, March 31, 2015, December 31, 2014, September 30, 2014 and June 30, 2014, respectively.

⁽³⁾  Includes nonperforming loan sales recoveries and other recoveries of $27 million, $40 million, $314 million, $39 million and $185 million for the three months ended June 30, 2015, March 31, 2015, December 31, 2014, September 30, 2014 and June 30, 2014, respectively.

⁽⁴⁾  Excludes U.S. small business commercial loans.

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 42

Bank of America Corporation and Subsidiaries
Year-to-Date Net Charge-offs and Net Charge-off Ratios (1, 2)
(Dollars in millions)
	Six Months Ended June 30
	2015				2014
Net Charge-offs	Amount		Percent		Amount			Percent
Residential mortgage (3)	$	374	0.36	%	$	92		0.08	%
Home equity	323		0.78		541			1.19
U.S. credit card	1,205		2.76		1,401			3.18
Non-U.S. credit card	95		1.91		123			2.12
Direct/Indirect consumer	58		0.14		91			0.22
Other consumer	82		8.91		105			10.64
Total consumer	2,137		0.91		2,353			0.91
U.S. commercial (4)	6		0.01		11			0.01
Commercial real estate	1		0.01		(69		)	(0.29	)
Commercial lease financing	5		0.04		(7		)	(0.05	)
Non-U.S. commercial	—		—		31			0.07
	12		0.01		(34		)	(0.02	)
U.S. small business commercial	113		1.73		142			2.14
Total commercial	125		0.06		108			0.06
Total net charge-offs	$	2,262	0.53		$	2,461		0.55
By Business Segment
Consumer Banking	$	1,532	1.54	%	$	1,850		1.90	%
Global Wealth & Investment Management	35		0.06		29			0.05
Global Banking	4		—		(23		)	(0.02	)
Global Markets	—		—		2			0.01
Legacy Assets & Servicing	221		1.45		386			2.14
All Other	470		0.59		217			0.21
Total net charge-offs	$	2,262	0.53		$	2,461		0.55

⁽¹⁾  Net charge-off ratios are calculated as annualized net charge-offs divided by average outstanding loans and leases excluding loans accounted for under the fair value option during the period for each loan and lease category. Excluding the purchased credit-impaired loan portfolio, total annualized net charge-offs as a percentage of total average loans and leases outstanding were 0.54 and 0.56 for the six months ended June 30, 2015 and 2014.

⁽²⁾  Excludes write-offs of purchased credit-impaired loans of $578 million and $551 million for the six months ended June 30, 2015 and 2014. Including the write-offs of purchased credit-impaired loans, total annualized net charge-offs and purchased credit-impaired write-offs as a percentage of total average loans and leases outstanding were 0.66 and 0.67 for the six months ended June 30, 2015 and 2014.

⁽³⁾  Includes nonperforming loan sales recoveries and other recoveries of $67 million and $185 million for the six months ended June 30, 2015 and 2014.

⁽⁴⁾  Excludes U.S. small business commercial loans.

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 43

Bank of America Corporation and Subsidiaries
Allocation of the Allowance for Credit Losses by Product Type
(Dollars in millions)
	June 30, 2015						March 31, 2015						June 30, 2014
Allowance for loan and lease losses	Amount		Percent of Total		Percent of Loans and Leases Outstanding (1, 2)		Amount		Percent of Total		Percent of Loans and Leases Outstanding (1, 2)		Amount		Percent of Total		Percent of Loans and Leases Outstanding (1, 2)
Residential mortgage	$	1,997	15.28	%	1.00	%	$	2,426	17.74	%	1.17	%	$	3,214	20.33	%	1.36	%
Home equity	2,744		21.00		3.39		2,824		20.65		3.38		3,694		23.36		4.13
U.S. credit card	3,060		23.42		3.46		3,252		23.78		3.73		3,524		22.29		3.96
Non-U.S. credit card	339		2.59		3.30		343		2.51		3.55		424		2.68		3.53
Direct/Indirect consumer	254		1.94		0.30		282		2.06		0.34		371		2.35		0.45
Other consumer	49		0.37		2.45		52		0.38		2.79		98		0.62		4.71
Total consumer	8,443		64.60		1.81		9,179		67.12		1.94		11,325		71.63		2.21
U.S. commercial (3)	2,694		20.62		1.08		2,633		19.25		1.11		2,712		17.15		1.17
Commercial real estate	1,041		7.97		1.99		1,031		7.54		2.09		963		6.09		2.06
Commercial lease financing	157		1.20		0.62		150		1.10		0.61		137		0.87		0.56
Non-U.S. commercial	733		5.61		0.84		683		4.99		0.80		674		4.26		0.79
Total commercial (4)	4,625		35.40		1.12		4,497		32.88		1.13		4,486		28.37		1.15
Allowance for loan and lease losses	13,068		100.00	%	1.49		13,676		100.00	%	1.57		15,811		100.00	%	1.75
Reserve for unfunded lending commitments	588						537						503
Allowance for credit losses	$	13,656					$	14,213					$	16,314
Asset Quality Indicators
Allowance for loan and lease losses/Total loans and leases (2)			1.49	%					1.57	%					1.75	%
Allowance for loan and lease losses (excluding the valuation allowance for purchased credit-impaired loans)/Total loans and leases (excluding purchased credit-impaired loans) (2, 5)			1.39						1.45						1.59
Allowance for loan and lease losses/Total nonperforming loans and leases (6)			122						122						108
Allowance for loan and lease losses (excluding the valuation allowance for purchased credit-impaired loans)/Total nonperforming loans and leases (5)			111						110						95
Ratio of the allowance for loan and lease losses/Annualized net charge-offs (7)			3.05						2.82						3.67
Ratio of the allowance for loan and lease losses (excluding the valuation allowance for purchased credit-impaired loans)/Annualized net charge-offs (5, 7)			2.79						2.55						3.25
Ratio of the allowance for loan and lease losses/Annualized net charge-offs and purchased credit-impaired write-offs			2.40						2.28						3.20

⁽¹⁾  Ratios are calculated as allowance for loan and lease losses as a percentage of loans and leases outstanding excluding loans accounted for under the fair value option. Consumer loans accounted for under the fair value option included residential mortgage loans of $1.8 billion, $1.9 billion and $2.0 billion and home equity loans of $208 million, $205 million and $170 million at June 30, 2015, March 31, 2015 and June 30, 2014, respectively. Commercial loans accounted for under the fair value option included U.S. commercial loans of $2.3 billion, $2.0 billion and $1.3 billion and non-U.S. commercial loans of $3.4 billion, $4.5 billion and $7.4 billion at June 30, 2015, March 31, 2015 and June 30, 2014, respectively.

⁽²⁾  Total loans and leases do not include loans accounted for under the fair value option of $7.6 billion, $8.5 billion and $10.9 billion at June 30, 2015, March 31, 2015 and June 30, 2014, respectively.

⁽³⁾  Includes allowance for loan and lease losses for U.S. small business commercial loans of $525 million, $533 million and $511 million at June 30, 2015, March 31, 2015 and June 30, 2014, respectively.

⁽⁴⁾  Includes allowance for loan and lease losses for impaired commercial loans of $156 million, $155 million and $278 million at June 30, 2015, March 31, 2015 and June 30, 2014, respectively.

⁽⁵⁾  Excludes valuation allowance on purchased credit-impaired loans of $1.1 billion, $1.3 billion and $1.8 billion at June 30, 2015, March 31, 2015 and June 30, 2014, respectively.

⁽⁶⁾  Allowance for loan and lease losses includes $5.1 billion, $5.5 billion and $6.5 billion allocated to products (primarily the Consumer Lending portfolios within Consumer Banking and purchased credit-impaired loans) that are excluded from nonperforming loans and leases at June 30, 2015, March 31, 2015 and June 30, 2014, respectively. Excluding these amounts, allowance for loan and lease losses as a percentage of total nonperforming loans and leases was 75 percent, 73 percent and 64 percent at June 30, 2015, March 31, 2015 and June 30, 2014, respectively.

⁽⁷⁾  Net charge-offs exclude $290 million, $288 million and $160 million of write-offs in the purchased credit-impaired loan portfolio at June 30, 2015, March 31, 2015 and June 30, 2014. These write-offs decreased the purchased credit-impaired valuation allowance included as part of the allowance for loan and lease losses.

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 44

Exhibit A: Non-GAAP Reconciliations

Bank of America Corporation and Subsidiaries

Reconciliations to GAAP Financial Measures

(Dollars in millions)

The Corporation evaluates its business based on a fully taxable-equivalent basis, a non-GAAP financial measure. The Corporation believes managing the business with net interest income on a fully taxable-equivalent basis provides a more accurate picture of the interest margin for comparative purposes. Total revenue, net of interest expense, includes net interest income on a fully taxable-equivalent basis and noninterest income. The Corporation views related ratios and analyses (i.e., efficiency ratios and net interest yield) on a fully taxable-equivalent basis. To derive the fully taxable-equivalent basis, net interest income is adjusted to reflect tax-exempt income on an equivalent before-tax basis with a corresponding increase in income tax expense. For purposes of this calculation, the Corporation uses the federal statutory tax rate of 35 percent. This measure ensures comparability of net interest income arising from taxable and tax-exempt sources. The efficiency ratio measures the costs expended to generate a dollar of revenue, and net interest yield measures the basis points the Corporation earns over the cost of funds.

The Corporation also evaluates its business based on the following ratios that utilize tangible equity, a non-GAAP financial measure. Tangible equity represents an adjusted shareholders' equity or common shareholders' equity amount which has been reduced by goodwill and intangible assets (excluding mortgage servicing rights), net of related deferred tax liabilities. Return on average tangible common shareholders' equity measures the Corporation's earnings contribution as a percentage of adjusted average common shareholders' equity. The tangible common equity ratio represents adjusted ending common shareholders' equity divided by total assets less goodwill and intangible assets (excluding mortgage servicing rights), net of related deferred tax liabilities. Return on average tangible shareholders' equity measures the Corporation's earnings contribution as a percentage of adjusted average total shareholders' equity. The tangible equity ratio represents adjusted ending shareholders' equity divided by total assets less goodwill and intangible assets (excluding mortgage servicing rights), net of related deferred tax liabilities. Tangible book value per common share represents adjusted ending common shareholders' equity divided by ending common shares outstanding. These measures are used to evaluate the Corporation's use of equity. In addition, profitability, relationship and investment models all use return on average tangible shareholders' equity as key measures to support our overall growth goals.

In addition, the Corporation periodically reviews capital allocated to its businesses and allocates capital annually during the strategic and capital planning processes. We utilize a methodology that considers the effect of regulatory capital requirements in addition to internal risk-based capital models. The Corporation's internal risk-based capital models use a risk-adjusted methodology incorporating each segment's credit, market, interest rate, business and operational risk components. Return on average allocated capital is calculated as net income, adjusted for cost of funds and earnings credits and certain expenses related to intangibles, divided by average allocated capital. Allocated capital and the related return both represent non-GAAP financial measures. Allocated capital is reviewed periodically and refinements are made based on multiple considerations that include, but are not limited to, risk-weighted assets measured under Basel 3 Standardized and Advanced approaches, business segment exposures and risk profile, and strategic plans. As part of this process, in 2015, the Corporation adjusted the amount of capital being allocated to its business segments, primarily Legacy Assets & Servicing.

See the tables below and on pages 46-48 for reconciliations of these non-GAAP financial measures to financial measures defined by GAAP for the six months ended June 30, 2015 and 2014 and the three months ended June 30, 2015, March 31, 2015, December 31, 2014, September 30, 2014 and June 30, 2014. The Corporation believes the use of these non-GAAP financial measures provides additional clarity in assessing the results of the Corporation. Other companies may define or calculate supplemental financial data differently.

	Six Months Ended June 30						Second Quarter 2015			First Quarter 2015			Fourth Quarter 2014			Third Quarter 2014			Second Quarter 2014
	2015			2014
Reconciliation of net interest income to net interest income on a fully taxable-equivalent basis
Net interest income	$	19,939		$	20,098		$	10,488		$	9,451		$	9,635		$	10,219		$	10,013
Fully taxable-equivalent adjustment	447			414			228			219			230			225			213
Net interest income on a fully taxable-equivalent basis	$	20,386		$	20,512		$	10,716		$	9,670		$	9,865		$	10,444		$	10,226
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	$	43,319		$	44,313		$	22,117		$	21,202		$	18,725		$	21,209		$	21,747
Fully taxable-equivalent adjustment	447			414			228			219			230			225			213
Total revenue, net of interest expense on a fully taxable-equivalent basis	$	43,766		$	44,727		$	22,345		$	21,421		$	18,955		$	21,434		$	21,960
Reconciliation of income tax expense to income tax expense on a fully taxable-equivalent basis
Income tax expense	$	3,584		$	99		$	2,199		$	1,385		$	1,260		$	663		$	504
Fully taxable-equivalent adjustment	447			414			228			219			230			225			213
Income tax expense on a fully taxable-equivalent basis	$	4,031		$	513		$	2,427		$	1,604		$	1,490		$	888		$	717
Reconciliation of average common shareholders' equity to average tangible common shareholders' equity
Common shareholders' equity	$	227,078		$	222,711		$	228,780		$	225,357		$	224,479		$	222,374		$	222,221
Goodwill	(69,776		)	(69,832		)	(69,775		)	(69,776		)	(69,782		)	(69,792		)	(69,822		)
Intangible assets (excluding mortgage servicing rights)	(4,412		)	(5,354		)	(4,307		)	(4,518		)	(4,747		)	(4,992		)	(5,235		)
Related deferred tax liabilities	1,922			2,132			1,885			1,959			2,019			2,077			2,100
Tangible common shareholders' equity	$	154,812		$	149,657		$	156,583		$	153,022		$	151,969		$	149,667		$	149,264
Reconciliation of average shareholders' equity to average tangible shareholders' equity
Shareholders' equity	$	248,413		$	236,179		$	251,054		$	245,744		$	243,454		$	238,040		$	235,803
Goodwill	(69,776		)	(69,832		)	(69,775		)	(69,776		)	(69,782		)	(69,792		)	(69,822		)
Intangible assets (excluding mortgage servicing rights)	(4,412		)	(5,354		)	(4,307		)	(4,518		)	(4,747		)	(4,992		)	(5,235		)
Related deferred tax liabilities	1,922			2,132			1,885			1,959			2,019			2,077			2,100
Tangible shareholders' equity	$	176,147		$	163,125		$	178,857		$	173,409		$	170,944		$	165,333		$	162,846

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 45

Exhibit A: Non-GAAP Reconciliations (continued)
Bank of America Corporation and Subsidiaries
Reconciliations to GAAP Financial Measures
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2015			First Quarter 2015			Fourth Quarter 2014			Third Quarter 2014			Second Quarter 2014
	2015			2014
Reconciliation of period-end common shareholders' equity to period-end tangible common shareholders' equity
Common shareholders' equity	$	229,386		$	222,565		$	229,386		$	227,915		$	224,162		$	220,768		$	222,565
Goodwill	(69,775		)	(69,810		)	(69,775		)	(69,776		)	(69,777		)	(69,784		)	(69,810		)
Intangible assets (excluding mortgage servicing rights)	(4,188		)	(5,099		)	(4,188		)	(4,391		)	(4,612		)	(4,849		)	(5,099		)
Related deferred tax liabilities	1,813			2,078			1,813			1,900			1,960			2,019			2,078
Tangible common shareholders' equity	$	157,236		$	149,734		$	157,236		$	155,648		$	151,733		$	148,154		$	149,734
Reconciliation of period-end shareholders' equity to period-end tangible shareholders' equity
Shareholders' equity	$	251,659		$	237,411		$	251,659		$	250,188		$	243,471		$	238,681		$	237,411
Goodwill	(69,775		)	(69,810		)	(69,775		)	(69,776		)	(69,777		)	(69,784		)	(69,810		)
Intangible assets (excluding mortgage servicing rights)	(4,188		)	(5,099		)	(4,188		)	(4,391		)	(4,612		)	(4,849		)	(5,099		)
Related deferred tax liabilities	1,813			2,078			1,813			1,900			1,960			2,019			2,078
Tangible shareholders' equity	$	179,509		$	164,580		$	179,509		$	177,921		$	171,042		$	166,067		$	164,580
Reconciliation of period-end assets to period-end tangible assets
Assets	$	2,149,034		$	2,170,557		$	2,149,034		$	2,143,545		$	2,104,534		$	2,123,613		$	2,170,557
Goodwill	(69,775		)	(69,810		)	(69,775		)	(69,776		)	(69,777		)	(69,784		)	(69,810		)
Intangible assets (excluding mortgage servicing rights)	(4,188		)	(5,099		)	(4,188		)	(4,391		)	(4,612		)	(4,849		)	(5,099		)
Related deferred tax liabilities	1,813			2,078			1,813			1,900			1,960			2,019			2,078
Tangible assets	$	2,076,884		$	2,097,726		$	2,076,884		$	2,071,278		$	2,032,105		$	2,050,999		$	2,097,726

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 46

Exhibit A: Non-GAAP Reconciliations (continued)
Bank of America Corporation and Subsidiaries
Reconciliations to GAAP Financial Measures
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2015			First Quarter 2015			Fourth Quarter 2014			Third Quarter 2014			Second Quarter 2014
	2015			2014
Reconciliation of return on average allocated capital(1)
Consumer Banking
Reported net income	$	3,179		$	3,102		$	1,704		$	1,475		$	1,662		$	1,678		$	1,634
Adjustment related to intangibles (2)	2			2			1			1			1			1			1
Adjusted net income	$	3,181		$	3,104		$	1,705		$	1,476		$	1,663		$	1,679		$	1,635
Average allocated equity (3)	$	59,339		$	60,410		$	59,330		$	59,348		$	60,367		$	60,386		$	60,403
Adjustment related to goodwill and a percentage of intangibles	(30,339		)	(30,410		)	(30,330		)	(30,348		)	(30,367		)	(30,386		)	(30,403		)
Average allocated capital	$	29,000		$	30,000		$	29,000		$	29,000		$	30,000		$	30,000		$	30,000
Global Wealth & Investment Management
Reported net income	$	1,341		$	1,455		$	690		$	651		$	706		$	813		$	726
Adjustment related to intangibles (2)	6			7			3			3			3			3			3
Adjusted net income	$	1,347		$	1,462		$	693		$	654		$	709		$	816		$	729
Average allocated equity (3)	$	22,137		$	22,233		$	22,106		$	22,168		$	22,186		$	22,204		$	22,222
Adjustment related to goodwill and a percentage of intangibles	(10,137		)	(10,233		)	(10,106		)	(10,168		)	(10,186		)	(10,204		)	(10,222		)
Average allocated capital	$	12,000		$	12,000		$	12,000		$	12,000		$	12,000		$	12,000		$	12,000
Global Banking
Reported net income	$	2,617		$	2,738		$	1,251		$	1,366		$	1,513		$	1,513		$	1,445
Adjustment related to intangibles (2)	—			1			—			—			—			—			—
Adjusted net income	$	2,617		$	2,739		$	1,251		$	1,366		$	1,513		$	1,513		$	1,445
Average allocated equity (3)	$	58,936		$	57,449		$	58,952		$	58,920		$	57,437		$	57,440		$	57,447
Adjustment related to goodwill and a percentage of intangibles	(23,936		)	(23,949		)	(23,952		)	(23,920		)	(23,937		)	(23,940		)	(23,947		)
Average allocated capital	$	35,000		$	33,500		$	35,000		$	35,000		$	33,500		$	33,500		$	33,500
Global Markets
Reported net income (loss)	$	1,938		$	2,412		$	993		$	945		$	(74	)	$	372		$	1,102
Adjustment related to intangibles (2)	4			5			2			2			2			2			2
Adjusted net income (loss)	$	1,942		$	2,417		$	995		$	947		$	(72	)	$	374		$	1,104
Average allocated equity (3)	$	40,424		$	39,380		$	40,458		$	40,389		$	39,378		$	39,383		$	39,380
Adjustment related to goodwill and a percentage of intangibles	(5,424		)	(5,380		)	(5,458		)	(5,389		)	(5,378		)	(5,383		)	(5,380		)
Average allocated capital	$	35,000		$	34,000		$	35,000		$	35,000		$	34,000		$	34,000		$	34,000

For footnotes see page 48.

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 47

Exhibit A: Non-GAAP Reconciliations (continued)
Bank of America Corporation and Subsidiaries
Reconciliations to GAAP Financial Measures
(Dollars in millions)
	Six Months Ended June 30						Second Quarter 2015			First Quarter 2015			Second Quarter 2014
	2015			2014
Consumer Banking
Deposits
Reported net income	$	1,264		$	1,193		$	726		$	538		$	632
Adjustment related to intangibles (2)	—			—			—			—			—
Adjusted net income	$	1,264		$	1,193		$	726		$	538		$	632
Average allocated equity (3)	$	30,423		$	29,426		$	30,423		$	30,424		$	29,428
Adjustment related to goodwill and a percentage of intangibles	(18,423		)	(18,426		)	(18,423		)	(18,424		)	(18,428		)
Average allocated capital	$	12,000		$	11,000		$	12,000		$	12,000		$	11,000
Consumer Lending
Reported net income	$	1,915		$	1,909		$	978		$	937		$	1,002
Adjustment related to intangibles (2)	2			2			1			1			1
Adjusted net income	$	1,917		$	1,911		$	979		$	938		$	1,003
Average allocated equity (3)	$	28,915		$	30,984		$	28,907		$	28,923		$	30,975
Adjustment related to goodwill and a percentage of intangibles	(11,915		)	(11,984		)	(11,907		)	(11,923		)	(11,975		)
Average allocated capital	$	17,000		$	19,000		$	17,000		$	17,000		$	19,000

⁽¹⁾  There are no adjustments to reported net income (loss) or average allocated equity for Legacy Assets & Servicing.

⁽²⁾  Represents cost of funds, earnings credits and certain expenses related to intangibles.

⁽³⁾  Average allocated equity is comprised of average allocated capital plus capital for the portion of goodwill and intangibles specifically assigned to the business segment.

Certain prior period amounts have been reclassified to conform to current period presentation.

This information is preliminary and based on company data available at the time of the presentation. 48