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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 25,857 $ 24,874
Deposits with banks 734,012 502,735
Federal funds sold and securities purchased under resale agreements (included $273,158 and $238,015 at fair value) 282,161 296,284
Securities borrowed (included $72,833 and $52,983 at fair value) 202,987 160,635
Trading assets (included assets pledged of $104,047 and $130,645) 515,901 503,126
Available-for-sale securities (amortized cost of $249,733 and $381,729, net of allowance for credit losses; included assets pledged of $13,621 and $32,227) 251,590 388,178
Held-to-maturity securities (net of allowance for credit losses) 343,542 201,821
Investment securities, net of allowance for credit losses 595,132 589,999
Loans (included $60,628 and $44,474 at fair value) 1,044,615 1,012,853
Allowance for loan losses (18,150) (28,328)
Loans, net of allowance for loan losses 1,026,465 984,525
Accrued interest and accounts receivable 116,395 90,503
Premises and equipment 26,996 27,109
Goodwill, MSRs and other intangible assets 56,566 53,428
Other assets (included $14,471 and $13,827 at fair value and assets pledged of $4,740 and $3,739) [1] 175,104 151,539
Total assets [2] 3,757,576 3,384,757
Liabilities    
Deposits (included $11,808 and $14,484 at fair value) 2,402,353 2,144,257
Federal funds purchased and securities loaned or sold under repurchase agreements (included $187,439 and $155,735 at fair value) 254,920 215,209
Short-term borrowings (included $20,033 and $16,893 at fair value) 50,393 45,208
Trading liabilities 179,543 170,181
Accounts payable and other liabilities (included $5,340 and $3,476 at fair value) [1] 268,604 231,285
Beneficial interests issued by consolidated VIEs (included $99 and $41 at fair value) 13,257 17,578
Long-term debt (included $76,499 and $76,817 at fair value) 298,465 281,685
Total liabilities [2] 3,467,535 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 3,483,750 and 3,006,250 shares) 34,838 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 88,357 88,394
Retained earnings 265,276 236,990
Accumulated other comprehensive income 963 7,986
Treasury stock, at cost (1,149,667,834 and 1,055,499,435 shares) (103,498) (88,184)
Total stockholders’ equity 290,041 279,354
Total liabilities and stockholders’ equity 3,757,576 3,384,757
VIEs consolidated by the Firm    
Assets    
Trading assets (included assets pledged of $104,047 and $130,645) 2,011 1,934
Loans, net of allowance for loan losses 35,352 37,619
Other assets (included $14,471 and $13,827 at fair value and assets pledged of $4,740 and $3,739) 516 681
Total assets 37,879 40,234
Liabilities    
Beneficial interests issued by consolidated VIEs (included $99 and $41 at fair value) 13,257 17,578
All other liabilities 234 233
Total liabilities $ 13,491 $ 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 September 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)September 30, 2021December 31, 2020
Assets
Trading assets$2,011 $1,934 
Loans35,352 37,619 
All other assets516 681 
Total assets$37,879 $40,234 
Liabilities
Beneficial interests issued by consolidated VIEs$13,257 $17,578 
All other liabilities234 233 
Total liabilities$13,491 $17,811