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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 26,592 $ 24,874
Deposits with banks 678,829 502,735
Federal funds sold and securities purchased under resale agreements (included $254,574 and $238,015 at fair value) 260,987 296,284
Securities borrowed (included $69,988 and $52,983 at fair value) 186,376 160,635
Trading assets (included assets pledged of $133,547 and $130,645) 520,588 503,126
Available-for-sale securities (amortized cost of $230,110 and $381,729, net of allowance for credit losses; included assets pledged of $12,199 and $32,227) 232,161 388,178
Held-to-maturity securities (net of allowance for credit losses) 341,476 201,821
Investment securities, net of allowance for credit losses 573,637 589,999
Loans (included $61,776 and $44,474 at fair value) 1,040,954 1,012,853
Allowance for loan losses (19,500) (28,328)
Loans, net of allowance for loan losses 1,021,454 984,525
Accrued interest and accounts receivable 125,253 90,503
Premises and equipment 26,631 27,109
Goodwill, MSRs and other intangible assets 54,655 53,428
Other assets (included $52,234 and $13,827 at fair value and assets pledged of $40,319 and $3,739) [1] 209,254 151,539
Total assets [2] 3,684,256 3,384,757
Liabilities    
Deposits (included $14,023 and $14,484 at fair value) 2,305,217 2,144,257
Federal funds purchased and securities loaned or sold under repurchase agreements (included $175,817 and $155,735 at fair value) 245,437 215,209
Short-term borrowings (included $20,002 and $16,893 at fair value) 51,938 45,208
Trading liabilities 183,867 170,181
Accounts payable and other liabilities (included $45,571 and $3,476 at fair value) [1] 297,082 231,285
Beneficial interests issued by consolidated VIEs (included $84 and $41 at fair value) 14,403 17,578
Long-term debt (included $75,733 and $76,817 at fair value) 299,926 281,685
Total liabilities [2] 3,397,870 3,105,403
Commitments and contingencies (refer to Notes 22, 23 and 24)
Stockholders’ equity    
Preferred stock ($1 par value; authorized 200,000,000 shares; issued 3,283,750 and 3,006,250 shares) 32,838 30,063
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 88,194 88,394
Retained earnings 256,983 236,990
Accumulated other comprehensive income 2,570 7,986
Treasury stock, at cost (1,116,778,540 and 1,055,499,435 shares) (98,304) (88,184)
Total stockholders’ equity 286,386 279,354
Total liabilities and stockholders’ equity 3,684,256 3,384,757
VIEs consolidated by the Firm    
Assets    
Trading assets (included assets pledged of $133,547 and $130,645) 1,995 1,934
Loans, net of allowance for loan losses 35,284 37,619
Other assets (included $52,234 and $13,827 at fair value and assets pledged of $40,319 and $3,739) 609 681
Total assets 37,888 40,234
Liabilities    
Beneficial interests issued by consolidated VIEs (included $84 and $41 at fair value) 14,403 17,578
All other liabilities 233 233
Total liabilities $ 14,636 $ 17,811
[1] Prior-period amounts have been revised to conform with the current presentation. Refer to Note 1 for further information.
[2] The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at June 30, 2021, and December 31, 2020. The assets of the consolidated VIEs are used to settle the liabilities of those entities. The holders of the beneficial interests generally do not have recourse to the general credit of JPMorgan Chase. The assets and liabilities in the table below include third-party assets and liabilities of consolidated VIEs and exclude intercompany balances that eliminate in consolidation. Refer to Note 13 for a further discussion.
(in millions)June 30, 2021December 31, 2020
Assets
Trading assets$1,995 $1,934 
Loans35,284 37,619 
All other assets609 681 
Total assets$37,888 $40,234 
Liabilities
Beneficial interests issued by consolidated VIEs$14,403 $17,578 
All other liabilities233 233 
Total liabilities$14,636 $17,811