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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 27,215 $ 26,438
Deposits with banks 642,045 714,396
Federal funds sold and securities purchased under resale agreements (included $319,188 and $252,720 at fair value) 322,156 261,698
Securities borrowed (included $73,995 and $81,463 at fair value) 202,393 206,071
Trading assets (included assets pledged of $98,070 and $102,710) 465,577 433,575
Available-for-sale securities (amortized cost of $231,904 and $308,254, net of allowance for credit losses; included assets pledged of $15,162 and $18,268) 222,069 308,525
Held-to-maturity securities (net of allowance for credit losses) 441,649 363,707
Investment securities, net of allowance for credit losses 663,718 672,232
Loans (included $47,056 and $58,820 at fair value) 1,104,155 1,077,714
Allowance for loan losses (17,750) (16,386)
Loans, net of allowance for loan losses 1,086,405 1,061,328
Accrued interest and accounts receivable 145,442 102,570
Premises and equipment 26,770 27,070
Goodwill, MSRs and other intangible assets 59,360 56,691
Other assets (included $18,940 and $14,753 at fair value and assets pledged of $10,267 and $5,298) 200,233 181,498
Total assets [1] 3,841,314 3,743,567
Liabilities    
Deposits (included $13,270 and $11,333 at fair value) 2,471,544 2,462,303
Federal funds purchased and securities loaned or sold under repurchase agreements (included $156,340 and $126,435 at fair value) 222,719 194,340
Short-term borrowings (included $16,879 and $20,015 at fair value) 58,422 53,594
Trading liabilities 190,308 164,693
Accounts payable and other liabilities (included $9,753 and $5,651 at fair value) 313,326 262,755
Beneficial interests issued by consolidated VIEs (included $5 and $12 at fair value) 10,640 10,750
Long-term debt (included $66,062 and $74,934 at fair value) 288,212 301,005
Total liabilities [1] 3,555,171 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 88,614 88,415
Retained earnings 282,445 272,268
Accumulated other comprehensive income/(loss) (14,369) (84)
Treasury stock, at cost (1,172,361,505 and 1,160,784,750 shares) (107,490) (105,415)
Total stockholders’ equity 286,143 294,127
Total liabilities and stockholders’ equity 3,841,314 3,743,567
VIEs consolidated by the Firm    
Assets    
Trading assets (included assets pledged of $98,070 and $102,710) 2,012 2,010
Loans, net of allowance for loan losses 31,677 33,024
Other assets (included $18,940 and $14,753 at fair value and assets pledged of $10,267 and $5,298) 567 490
Total assets 34,256 35,524
Liabilities    
Beneficial interests issued by consolidated VIEs (included $5 and $12 at fair value) 10,640 10,750
All other liabilities 267 245
Total liabilities $ 10,907 $ 10,995
[1] The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at June 30, 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)June 30, 2022December 31, 2021
Assets
Trading assets$2,012 $2,010 
Loans31,677 33,024 
All other assets567 490 
Total assets$34,256 $35,524 
Liabilities
Beneficial interests issued by consolidated VIEs$10,640 $10,750 
All other liabilities267 245 
Total liabilities$10,907 $10,995