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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 26,165 $ 26,438
Deposits with banks 728,367 714,396
Federal funds sold and securities purchased under resale agreements (included $298,339 and $252,720 at fair value) 301,875 261,698
Securities borrowed (included $87,276 and $81,463 at fair value) 224,852 206,071
Trading assets (included assets pledged of $120,758 and $102,710) 511,528 433,575
Available-for-sale securities (amortized cost of $322,122 and $308,254, net of allowance for credit losses; included assets pledged of $20,119 and $18,268) 312,875 308,525
Held-to-maturity securities (net of allowance for credit losses) 366,585 363,707
Investment securities, net of allowance for credit losses 679,460 672,232
Loans (included $48,463 and $58,820 at fair value) 1,073,285 1,077,714
Allowance for loan losses (17,192) (16,386)
Loans, net of allowance for loan losses 1,056,093 1,061,328
Accrued interest and accounts receivable 152,207 102,570
Premises and equipment 26,916 27,070
Goodwill, MSRs and other intangible assets 58,485 56,691
Other assets (included $16,532 and $14,753 at fair value and assets pledged of $8,075 and $5,298) 188,739 181,498
Total assets [1] 3,954,687 3,743,567
Liabilities    
Deposits (included $10,443 and $11,333 at fair value) 2,561,207 2,462,303
Federal funds purchased and securities loaned or sold under repurchase agreements (included $146,112 and $126,435 at fair value) 223,858 194,340
Short-term borrowings (included $19,198 and $20,015 at fair value) 57,586 53,594
Trading liabilities 202,083 164,693
Accounts payable and other liabilities (included $8,019 and $5,651 at fair value) [1] 320,671 262,755
Beneficial interests issued by consolidated VIEs (included $11 and $12 at fair value) 10,144 10,750
Long-term debt (included $70,704 and $74,934 at fair value) 293,239 301,005
Total liabilities [1] 3,668,788 3,449,440
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 3,483,750 shares) 32,838 34,838
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 88,260 88,415
Retained earnings 277,177 272,268
Accumulated other comprehensive income (9,567) (84)
Treasury stock, at cost (1,167,883,429 and 1,160,784,750 shares) (106,914) (105,415)
Total stockholders’ equity 285,899 294,127
Total liabilities and stockholders’ equity 3,954,687 3,743,567
VIEs consolidated by the Firm    
Assets    
Trading assets (included assets pledged of $120,758 and $102,710) 2,020 2,010
Loans, net of allowance for loan losses 31,966 33,024
Other assets (included $16,532 and $14,753 at fair value and assets pledged of $8,075 and $5,298) 472 490
Total assets 34,458 35,524
Liabilities    
Beneficial interests issued by consolidated VIEs (included $11 and $12 at fair value) 10,144 10,750
All other liabilities 253 245
Total liabilities $ 10,397 $ 10,995
[1] The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at March 31, 2022, and December 31, 2021. 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)March 31, 2022December 31, 2021
Assets
Trading assets$2,020 $2,010 
Loans31,966 33,024 
All other assets472 490 
Total assets$34,458 $35,524 
Liabilities
Beneficial interests issued by consolidated VIEs$10,144 $10,750 
All other liabilities253 245 
Total liabilities$10,397 $10,995