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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 24,921 $ 27,697
Deposits with banks 486,448 539,537
Federal funds sold and securities purchased under resale agreements (included $344,193 and $311,883 at fair value) 350,059 315,592
Securities borrowed (included $68,046 and $70,041 at fair value) 188,279 185,369
Trading assets (included assets pledged of $132,750 and $93,687) 601,993 453,799
Available-for-sale securities (amortized cost of $206,500 and $216,188; included assets pledged of $12,548 and $9,158) 197,119 205,857
Held-to-maturity securities 388,261 425,305
Investment securities, net of allowance for credit losses 585,380 631,162
Loans (included $38,808 and $42,079 at fair value) 1,310,059 1,135,647
Allowance for loan losses (21,946) (19,726)
Loans, net of allowance for loan losses 1,288,113 1,115,921
Accrued interest and accounts receivable 127,752 125,189
Premises and equipment 29,677 27,734
Goodwill, MSRs and other intangible assets 64,910 60,859
Other assets (included $14,168 and $14,921 at fair value and assets pledged of $5,701 and $7,998) 150,801 182,884
Total assets [1] 3,898,333 3,665,743
Liabilities    
Deposits (included $65,006 and $28,620 at fair value) 2,379,526 2,340,179
Federal funds purchased and securities loaned or sold under repurchase agreements (included $211,571 and $151,999 at fair value) 268,750 202,613
Short-term borrowings (included $19,289 and $15,792 at fair value) 45,470 44,027
Trading liabilities 207,457 177,976
Accounts payable and other liabilities (included $4,492 and $7,038 at fair value) 292,070 300,141
Beneficial interests issued by consolidated VIEs (included $66 and $5 at fair value) 24,896 12,610
Long-term debt (included $78,357 and $72,281 at fair value) 362,793 295,865
Total liabilities [1] 3,580,962 3,373,411
Commitments and contingencies (refer to Notes 24, 25 and 26)
Stockholders’ equity    
Preferred stock ($1 par value; authorized 200,000,000 shares; issued 2,740,375 shares) 27,404 27,404
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 89,899 89,044
Retained earnings 327,044 296,456
Accumulated other comprehensive losses (17,104) (17,341)
Treasury stock, at cost (1,213,925,554 and 1,170,676,094 shares) (113,977) (107,336)
Total stockholders’ equity 317,371 292,332
Total liabilities and stockholders’ equity 3,898,333 3,665,743
VIEs consolidated by the Firm    
Assets    
Trading assets (included assets pledged of $132,750 and $93,687) 1,780 2,151
Loans, net of allowance for loan losses 38,176 34,411
Other assets (included $14,168 and $14,921 at fair value and assets pledged of $5,701 and $7,998) 593 550
Total assets 40,549 37,112
Liabilities    
Beneficial interests issued by consolidated VIEs (included $66 and $5 at fair value) 24,896 12,610
All other liabilities 244 279
Total liabilities $ 25,140 $ 12,889
[1] The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at September 30, 2023 and December 31, 2022. 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 14 for a further discussion.
(in millions)September 30, 2023December 31, 2022
Assets
Trading assets$1,780 $2,151 
Loans38,176 34,411 
All other assets593 550 
Total assets$40,549 $37,112 
Liabilities
Beneficial interests issued by consolidated VIEs$24,896 $12,610 
All other liabilities244 279 
Total liabilities$25,140 $12,889