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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 21,258 $ 27,831
Deposits with banks 376,196 484,477
Federal funds sold and securities purchased under resale agreements (included $27,433 and $28,585 at fair value) 218,467 215,803
Securities borrowed (included $405 and $992 at fair value) 105,668 110,435
Trading assets (included assets pledged of $110,160 and $125,034) 361,708 398,988
Securities (included $256,491 and $298,752 at fair value and assets pledged of $23,432 and $24,912) 306,660 348,004
Loans (included $3,135 and $2,611 at fair value) 809,457 757,336
Allowance for loan losses (13,466) (14,185)
Loans, net of allowance for loan losses 795,991 743,151
Accrued interest and accounts receivable 57,926 70,079
Premises and equipment 14,709 15,133
Goodwill 47,405 47,647
Mortgage servicing rights 6,716 7,436
Other intangible assets 1,036 1,192
Other assets (included $7,700 and $11,909 at fair value and assets pledged of $1,176 and $1,399) 103,381 102,597
Total assets [1] 2,417,121 2,572,773
Liabilities    
Deposits (included $11,062 and $8,807 at fair value) 1,273,106 1,363,427
Federal funds purchased and securities loaned or sold under repurchase agreements (included $3,565 and $2,979 at fair value) 180,319 192,101
Commercial paper 19,656 66,344
Other borrowed funds (included $9,665 and $14,739 at fair value) 27,174 30,222
Trading liabilities 141,474 152,815
Accounts payable and other liabilities (included $5,850 and $4,155 at fair value) 187,986 206,939
Beneficial interests issued by consolidated variable interest entities 48,733 52,362
Long-term debt (included $31,160 and $30,226 at fair value) 292,945 276,836
Total liabilities [1] $ 2,171,393 $ 2,341,046
Commitments and contingencies
Stockholders’ equity    
Preferred stock ($1 par value; authorized 200,000,000 shares; issued 2,606,750 and 2,006,250 shares) $ 26,068 $ 20,063
Common stock ($1 par value; authorized 9,000,000,000 shares; issued 4,104,933,895 shares) 4,105 4,105
Additional paid-in capital 92,316 93,270
Retained earnings 143,050 129,977
Accumulated other comprehensive income 751 2,189
Shares held in RSU Trust, at cost (472,953 shares) (21) (21)
Treasury stock, at cost (423,804,118 and 390,144,630 shares) (20,541) (17,856)
Total stockholders’ equity 245,728 231,727
Total liabilities and stockholders’ equity 2,417,121 2,572,773
VIEs consolidated by the Firm    
Assets    
Trading assets (included assets pledged of $110,160 and $125,034) 4,237 9,090
Loans (included $3,135 and $2,611 at fair value) 69,119 68,880
Other assets (included $7,700 and $11,909 at fair value and assets pledged of $1,176 and $1,399) 2,109 1,815
Total assets 75,465 79,785
Liabilities    
Beneficial interests issued by consolidated variable interest entities 48,733 52,362
All other liabilities 821 949
Total liabilities $ 49,554 $ 53,311
[1] The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at September 30, 2015, and December 31, 2014. The difference between total VIE assets and liabilities represents the Firm’s interests in those entities, which were eliminated in consolidation.(in millions)Sep 30, 2015 Dec 31, 2014Assets Trading assets$4,237 $9,090Loans69,119 68,880All other assets2,109 1,815Total assets$75,465 $79,785Liabilities Beneficial interests issued by consolidated variable interest entities$48,733 $52,362All other liabilities821 949Total liabilities$49,554 $53,311The assets of the consolidated VIEs are used to settle the liabilities of those entities. The holders of the beneficial interests do not have recourse to the general credit of JPMorgan Chase. At both September 30, 2015, and December 31, 2014, the Firm provided limited program-wide credit enhancement of $2.0 billion related to its Firm-administered multi-seller conduits, which are eliminated in consolidation. For further discussion, see Note 15.