Document_and_Entity_Informatio
Document and Entity Information | 9 Months Ended |
Sep. 30, 2013 | |
Document and Entity Information | ' |
Entity Registrant Name | 'JPMORGAN CHASE & CO |
Entity Central Index Key | '0000019617 |
Document Type | '10-Q |
Document Period End Date | 30-Sep-13 |
Amendment Flag | 'false |
Document Fiscal Year Focus | '2013 |
Document Fiscal Period Focus | 'Q3 |
Current Fiscal Year End Date | '--12-31 |
Entity Well-known Seasoned Issuer | 'Yes |
Entity Voluntary Filers | 'No |
Entity Current Reporting Status | 'Yes |
Entity Filer Category | 'Large Accelerated Filer |
Entity Common Stock, Shares Outstanding | 3,759,189,280 |
Consolidated_Statements_of_Inc
Consolidated Statements of Income (Unaudited) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, except Per Share data, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Revenue | ' | ' | ' | ' |
Investment banking fees | $1,507 | $1,443 | $4,669 | $4,081 |
Principal transactions | 2,662 | 2,047 | 10,183 | 4,342 |
Lending-and deposit-related fees | 1,519 | 1,562 | 4,476 | 4,625 |
Asset management, administration and commissions | 3,667 | 3,336 | 11,131 | 10,189 |
Securities gains | 26 | 458 | 659 | 2,008 |
Mortgage fees and related income | 841 | 2,377 | 4,116 | 6,652 |
Credit card income | 1,518 | 1,428 | 4,440 | 4,156 |
Other income | 602 | 1,519 | 1,364 | 3,537 |
Noninterest revenue | 12,342 | 14,170 | 41,038 | 39,590 |
Interest income | 13,162 | 13,629 | 39,734 | 42,429 |
Interest expense | 2,387 | 2,653 | 7,322 | 8,641 |
Net interest income | 10,775 | 10,976 | 32,412 | 33,788 |
Total net revenue | 23,117 | 25,146 | 73,450 | 73,378 |
Provision for credit losses | -543 | 1,789 | 121 | 2,729 |
Noninterest expense | ' | ' | ' | ' |
Compensation expense | 7,325 | 7,503 | 23,758 | 23,543 |
Occupancy expense | 947 | 973 | 2,752 | 3,014 |
Technology, communications and equipment expense | 1,356 | 1,312 | 4,049 | 3,865 |
Professional and outside services | 1,897 | 1,759 | 5,532 | 5,411 |
Marketing | 588 | 607 | 1,755 | 1,929 |
Other expense | 11,373 | 3,035 | 16,625 | 10,354 |
Amortization of intangibles | 140 | 182 | 444 | 566 |
Total noninterest expense | 23,626 | 15,371 | 54,915 | 48,682 |
Income before income tax expense | 34 | 7,986 | 18,414 | 21,967 |
Income tax expense | 414 | 2,278 | 5,769 | 6,375 |
Net income/(loss) | -380 | 5,708 | 12,645 | 15,592 |
Net income applicable to common stockholders | -650 | 5,346 | 11,656 | 14,556 |
Per common share data - Basic earnings per share | ' | ' | ' | ' |
Basic earnings per share | ($0.17) | $1.41 | $3.08 | $3.82 |
Per common share data - Diluted earnings per share | ' | ' | ' | ' |
Diluted earnings per share | ($0.17) | $1.40 | $3.05 | $3.81 |
Weighted-average basic shares | 3,767 | 3,803.30 | 3,789.20 | 3,810.40 |
Weighted-average diluted shares | 3,767 | 3,813.90 | 3,820.90 | 3,822.60 |
Cash dividends declared per common share | $0.38 | $0.30 | $1.06 | $0.90 |
Other-than-temporary impairment losses included in securities gains | ' | ' | ' | ' |
Total other-than-temporary impairment losses | 0 | 0 | 0 | -113 |
Losses recorded in/(reclassified from) other comprehensive income | 0 | -2 | 0 | 85 |
OTTI losses recognized in income | -19 | -3 | -19 | -42 |
Credit related | ' | ' | ' | ' |
Other-than-temporary impairment losses included in securities gains | ' | ' | ' | ' |
OTTI losses recognized in income | 0 | -2 | 0 | -28 |
Intent to sell [Member] | ' | ' | ' | ' |
Other-than-temporary impairment losses included in securities gains | ' | ' | ' | ' |
OTTI losses recognized in income | ($19) | ($1) | ($19) | ($14) |
Consolidated_Statements_of_Com
Consolidated Statements of Comprehensive Income (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Net Income | ($380) | $5,708 | $12,645 | $15,592 |
Other Comprehensive Income (Loss), Net of Tax [Abstract] | ' | ' | ' | ' |
Unrealized gains/(losses) on AFS securities | 161 | 2,083 | -3,570 | 3,332 |
Translation adjustments, net of hedges | 4 | 13 | -47 | -49 |
Cash flow hedges | 69 | 23 | -283 | 61 |
Defined benefit pension and OPEB plans | 20 | 35 | 188 | 138 |
Total other comprehensive income/(loss), after-tax | 254 | 2,154 | -3,712 | 3,482 |
Comprehensive income | ($126) | $7,862 | $8,933 | $19,074 |
Consolidated_Balance_Sheets_Un
Consolidated Balance Sheets (Unaudited) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Assets | ' | ' |
Cash and due from banks | $30,664 | $53,723 |
Deposits with banks | 371,445 | 121,814 |
Federal funds sold and securities purchased under resale agreements (included $25,703 and $24,258 at fair value) | 235,916 | 296,296 |
Securities borrowed (included $5,453 and $10,177 at fair value) | 122,438 | 119,017 |
Trading assets (included assets pledged of $108, 454 and $108,784) | 383,348 | 450,028 |
Securities (included $352,040 and $371,145 at fair value and assets pledged of $59,480 and $71,167) | 356,556 | 371,152 |
Loans (included $2,085 and $2,555 at fair value) | 728,679 | 733,796 |
Allowance for loan losses | -17,571 | -21,936 |
Loans, net of allowance for loan losses | 711,108 | 711,860 |
Accrued interest and accounts receivable | 66,269 | 60,933 |
Premises and equipment | 14,876 | 14,519 |
Goodwill | 48,100 | 48,175 |
Mortgage servicing rights | 9,490 | 7,614 |
Other intangible assets | 1,817 | 2,235 |
Other assets (included $16,441 and $16,458 at fair value and assets pledged of $1,938 and $1,127) | 111,282 | 101,775 |
Total assets | 2,463,309 | 2,359,141 |
Liabilities | ' | ' |
Deposits (included $6,782 and $5,733 at fair value) | 1,281,102 | 1,193,593 |
Federal funds purchased and securities loaned or sold under repurchase agreements (included $5,983 and $4,388 at fair value) | 218,728 | 240,103 |
Commercial paper | 53,741 | 55,367 |
Other borrowed funds (included $12,603 and $11,591 at fair value) | 30,436 | 26,636 |
Trading liabilities | 148,119 | 131,918 |
Accounts payable and other liabilities (included $29 and $36 at fair value) | 212,283 | 195,240 |
Beneficial interests issued by consolidated variable interest entities (included $1,822 and $1,170 at fair value) | 48,858 | 63,191 |
Long-term debt (included $29,763 and $30,788 at fair value) | 263,372 | 249,024 |
Total liabilities | 2,256,639 | 2,155,072 |
Stockholders' equity | ' | ' |
Preferred stock ($1 par value; authorized 200,000,000 shares; issued 1,115,750 and 905,750 shares) | 11,158 | 9,058 |
Common stock ($1 par value; authorized 9,000,000,000 shares; issued 4,104,933,895 shares) | 4,105 | 4,105 |
Capital surplus | 93,555 | 94,604 |
Retained earnings | 112,135 | 104,223 |
Accumulated other comprehensive income/(loss) | 390 | 4,102 |
Shares held in RSU Trust, at cost (476,642 and 479,126 shares) | -21 | -21 |
Treasury stock, at cost (345,744,615 and 300,981,690 shares) | -14,652 | -12,002 |
Total stockholders’ equity | 206,670 | 204,069 |
Total liabilities and stockholders’ equity | 2,463,309 | 2,359,141 |
Assets and liabilities related to VIEs that are consolidated by the Firm | ' | ' |
Assets | ' | ' |
Trading assets (included assets pledged of $108, 454 and $108,784) | 7,188 | 11,966 |
Loans (included $2,085 and $2,555 at fair value) | 69,432 | 82,723 |
Other assets (included $16,441 and $16,458 at fair value and assets pledged of $1,938 and $1,127) | 2,261 | 2,090 |
Total assets | 78,881 | 96,779 |
Liabilities | ' | ' |
Beneficial interests issued by consolidated variable interest entities (included $1,822 and $1,170 at fair value) | 48,858 | 63,191 |
Other liabilities | 1,030 | 1,244 |
Total liabilities | $49,888 | $64,435 |
Consolidated_Balance_Sheets_Un1
Consolidated Balance Sheets (Unaudited) (Parenthetical) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
Assets | ' | ' |
Available-for-sale securities | $352,040,000,000 | $371,145,000,000 |
Liabilities | ' | ' |
Other Short-term Borrowings | 30,436,000,000 | 26,636,000,000 |
Stockholders' equity | ' | ' |
Preferred stock, par value (actual number) | $1 | $1 |
Preferred stock, shares authorized (actual number) | 200,000,000 | 200,000,000 |
Preferred stock, shares issued (actual number) | 1,115,750 | 905,750 |
Common stock, par value (actual number) | $1 | $1 |
Common stock, shares authorized (actual number) | 9,000,000,000 | 9,000,000,000 |
Common stock, shares issued (actual number) | 4,104,933,895 | 4,104,933,895 |
Shares held in RSU Trust, shares (actual number) | 476,642 | 479,126 |
Treasury stock, shares (actual number) | 345,744,615 | 300,981,690 |
Limited program-wide credit enhancement | 2,600,000,000 | 3,100,000,000 |
Trading assets | ' | ' |
Assets | ' | ' |
Assets Pledged | 108,454,000,000 | 108,784,000,000 |
Securities | ' | ' |
Assets | ' | ' |
Assets Pledged | 59,480,000,000 | 71,167,000,000 |
Other assets | ' | ' |
Assets | ' | ' |
Assets Pledged | 1,938,000,000 | 1,127,000,000 |
Fair Value, Measurements, Recurring [Member] | Fair value | ' | ' |
Assets | ' | ' |
Federal Funds Sold and Securities Borrowed or Purchased under Agreements to Resell, Fair Value Disclosure | 25,703,000,000 | 24,258,000,000 |
Securities borrowed | 5,453,000,000 | 10,177,000,000 |
Available-for-sale securities | 352,040,000,000 | 371,145,000,000 |
Loans, at fair value | 2,085,000,000 | 2,555,000,000 |
Liabilities | ' | ' |
Deposits, Fair Value Disclosure | 6,782,000,000 | 5,733,000,000 |
Federal funds purchased and securities loaned or sold under repurchase agreements | 5,983,000,000 | 4,388,000,000 |
Other Short-term Borrowings | 12,603,000,000 | 11,591,000,000 |
Accounts payable and other liabilities, measured at fair value | 29,000,000 | 36,000,000 |
Long-term debt and junior subordinated deferrable interest debentures | 29,763,000,000 | 30,788,000,000 |
Other assets | Fair Value, Measurements, Recurring [Member] | Fair value | ' | ' |
Assets | ' | ' |
Other Assets, Fair Value Disclosure | 16,441,000,000 | 16,458,000,000 |
Long Term Beneficial Interests | Fair Value, Measurements, Recurring [Member] | Fair value | ' | ' |
Liabilities | ' | ' |
Beneficial Interest, Fair Value Disclosure | $1,822,000,000 | $1,170,000,000 |
Consolidated_Statements_of_Cha
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (USD $) | Total | Preferred stock | Common stock | Capital surplus | Retained earnings | Accumulated other comprehensive income/(loss) | Shares held in RSU Trust, at cost | Treasury stock, at cost |
In Millions, unless otherwise specified | ||||||||
Beginning balance at Dec. 31, 2011 | ' | $7,800 | $4,105 | $95,602 | $88,315 | $944 | ($38) | ($13,155) |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' | ' | ' |
Issuance of preferred stock | ' | 1,258 | ' | ' | ' | ' | ' | ' |
Stock Redeemed or Called During Period, Value | ' | 0 | ' | ' | ' | ' | ' | ' |
Shares issued and commitments to issue common stock for employee stock-based compensation awards, and related tax effects | ' | ' | ' | -909 | ' | ' | ' | ' |
Other | ' | ' | ' | -262 | ' | ' | ' | ' |
Net income/(loss) | 15,592 | ' | ' | ' | 15,592 | ' | ' | ' |
Dividends declared: | ' | ' | ' | ' | ' | ' | ' | ' |
Preferred stock | ' | ' | ' | ' | -472 | ' | ' | ' |
Common stock ($1.06 and $0.90 per share) | ' | ' | ' | ' | -3,547 | ' | ' | ' |
Other comprehensive (loss)/income | 3,482 | ' | ' | ' | ' | 3,482 | ' | ' |
Purchase of treasury stock | ' | ' | ' | ' | ' | ' | ' | -1,415 |
Reissuance from treasury stock | ' | ' | ' | ' | ' | ' | ' | 2,393 |
Ending balance at Sep. 30, 2012 | 199,693 | 9,058 | 4,105 | 94,431 | 99,888 | 4,426 | -38 | -12,177 |
Beginning balance at Jun. 30, 2012 | ' | ' | ' | ' | ' | ' | ' | ' |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' | ' | ' |
Net income/(loss) | 5,708 | ' | ' | ' | ' | ' | ' | ' |
Dividends declared: | ' | ' | ' | ' | ' | ' | ' | ' |
Other comprehensive (loss)/income | 2,154 | ' | ' | ' | ' | 2,154 | ' | ' |
Ending balance at Sep. 30, 2012 | 199,693 | ' | 4,105 | ' | ' | 4,426 | -38 | ' |
Beginning balance at Dec. 31, 2012 | ' | 9,058 | 4,105 | 94,604 | 104,223 | 4,102 | -21 | -12,002 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' | ' | ' |
Issuance of preferred stock | ' | 3,900 | ' | ' | ' | ' | ' | ' |
Stock Redeemed or Called During Period, Value | ' | -1,800 | ' | ' | ' | ' | ' | ' |
Shares issued and commitments to issue common stock for employee stock-based compensation awards, and related tax effects | ' | ' | ' | -1,025 | ' | ' | ' | ' |
Other | ' | ' | ' | -24 | ' | ' | ' | ' |
Net income/(loss) | 12,645 | ' | ' | ' | 12,645 | ' | ' | ' |
Dividends declared: | ' | ' | ' | ' | ' | ' | ' | ' |
Preferred stock | ' | ' | ' | ' | -615 | ' | ' | ' |
Common stock ($1.06 and $0.90 per share) | ' | ' | ' | ' | -4,118 | ' | ' | ' |
Other comprehensive (loss)/income | -3,712 | ' | ' | ' | ' | -3,712 | ' | ' |
Purchase of treasury stock | ' | ' | ' | ' | ' | ' | ' | -4,490 |
Reissuance from treasury stock | ' | ' | ' | ' | ' | ' | ' | 1,840 |
Ending balance at Sep. 30, 2013 | 206,670 | 11,158 | 4,105 | 93,555 | 112,135 | 390 | -21 | -14,652 |
Beginning balance at Jun. 30, 2013 | ' | ' | ' | ' | ' | ' | ' | ' |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' | ' | ' |
Net income/(loss) | -380 | ' | ' | ' | ' | ' | ' | ' |
Dividends declared: | ' | ' | ' | ' | ' | ' | ' | ' |
Other comprehensive (loss)/income | 254 | ' | ' | ' | ' | 254 | ' | ' |
Ending balance at Sep. 30, 2013 | $206,670 | ' | $4,105 | ' | ' | $390 | ($21) | ' |
Consolidated_Statements_of_Cha1
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parenthetical) (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
Dividends declared: | ' | ' | ' | ' |
Common stock, dividends, per share | $0.38 | $0.30 | $1.06 | $0.90 |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows (Unaudited) (USD $) | 9 Months Ended | |
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 |
Operating activities | ' | ' |
Net Income | $12,645 | $15,592 |
Adjustments to reconcile net income to net cash provided by/(used in) operating activities | ' | ' |
Provision for credit losses | 121 | 2,729 |
Depreciation and amortization | 3,616 | 3,177 |
Amortization of intangibles | 444 | 566 |
Deferred tax expense | 2,640 | 755 |
Investment securities gains | -659 | -2,008 |
Stock-based compensation | 1,734 | 2,023 |
Originations and purchases of loans held-for-sale | -60,073 | -20,032 |
Proceeds from sales, securitizations and paydowns of loans held-for-sale | 61,058 | 21,476 |
Net change in trading assets | 84,075 | -2,763 |
Net change in securities borrowed | -3,410 | 8,960 |
Net change in accrued interest and accounts receivable | -3,487 | -683 |
Net change in other assets | -6,062 | -1,805 |
Net change in trading liabilities | 6,867 | 8,112 |
Net change in accounts payable and other liabilities | 17,526 | -2,584 |
Other operating adjustments | -1,974 | -3,925 |
Net cash provided by operating activities | 115,061 | 29,590 |
Investing activities | ' | ' |
Net change in deposits with banks | -249,755 | -19,110 |
Net change in federal funds sold and securities purchased under resale agreements | 60,033 | -46,432 |
Held-to-maturity securities: | ' | ' |
Proceeds from paydowns and maturities | 21 | 3 |
Purchases | -4,531 | 0 |
Available-for-sale securities: | ' | ' |
Proceeds from paydowns and maturities | 69,892 | 84,716 |
Proceeds from sales | 51,074 | 73,111 |
Purchases | -110,749 | -149,150 |
Proceeds from sales and securitizations of loans held-for-investment | 9,278 | 4,860 |
Other changes in loans, net | -11,899 | -16,110 |
Net cash (used in)/received from business acquisitions or dispositions | -62 | 90 |
All other investing activities, net | -2,403 | -1,699 |
Net cash used in investing activities | -189,101 | -69,721 |
Financing activities | ' | ' |
Net change in deposits | 72,985 | 11,683 |
Net change in federal funds purchased and securities loaned or sold under repurchase agreements | -21,322 | 43,643 |
Net change in commercial paper and other borrowed funds | 1,624 | 5,687 |
Net change in beneficial interests issued by consolidated variable interest entities | -10,956 | -4,312 |
Proceeds from long-term borrowings and trust preferred securities | 70,305 | 51,845 |
Payments of long-term borrowings and trust preferred securities | -53,532 | -70,685 |
Excess tax benefits related to stock-based compensation | 122 | 243 |
Proceeds from issuance of preferred stock | 3,873 | 1,234 |
Redemption of Preferred Stock | -1,800 | 0 |
Treasury stock and warrants repurchased | -4,490 | -1,653 |
Dividends paid | -4,274 | -3,716 |
All other financing activities, net | -1,486 | -348 |
Net cash provided by financing activities | 51,049 | 33,621 |
Effect of exchange rate changes on cash and due from banks | -68 | 251 |
Net decrease in cash and due from banks | -23,059 | -6,259 |
Cash and due from banks at the beginning of the period | 53,723 | 59,602 |
Cash and due from banks at the end of the period | 30,664 | 53,343 |
Cash interest paid | 7,275 | 8,780 |
Cash income taxes paid, net | $3,018 | $1,549 |
Basis_of_Presentation
Basis of Presentation | 9 Months Ended |
Sep. 30, 2013 | |
Basis of Presentation [Abstract] | ' |
BASIS OF PRESENTATION | ' |
Basis of presentation | |
JPMorgan Chase & Co. (“JPMorgan Chase” or the “Firm”), a financial holding company incorporated under Delaware law in 1968, is a leading global financial services firm and one of the largest banking institutions in the United States of America (“U.S.”), with operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, asset management and private equity. For a discussion of the Firm’s business segments, see Note 24 on pages 210–211 of this Form | |
10-Q. | |
The accounting and financial reporting policies of JPMorgan Chase and its subsidiaries conform to accounting principles generally accepted in the U.S. (“U.S. GAAP”). Additionally, where applicable, the policies conform to the accounting and reporting guidelines prescribed by regulatory authorities. | |
The unaudited consolidated financial statements prepared in conformity with U.S. GAAP require management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expense, and the disclosures of contingent assets and liabilities. Actual results could be different from these estimates. In the opinion of management, all normal, recurring adjustments have been included for a fair statement of this interim financial information. | |
These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements, and related notes thereto, included in JPMorgan Chase’s Annual Report on Form 10-K for the year ended December 31, 2012, as filed with the U.S. Securities and Exchange Commission (the “2012 Annual Report”). | |
Certain amounts reported in prior periods have been reclassified to conform with the current presentation. | |
Offsetting assets and liabilities | |
U.S. GAAP permits entities to present derivative receivables and derivative payables with the same counterparty and the related cash collateral receivables and payables on a net basis on the balance sheet when a legally enforceable master netting agreement exists. U.S. GAAP also permits securities sold and purchased under repurchase agreements to be presented net when specified conditions are met, including the existence of a legally enforceable master netting agreement. The Firm has elected to net such balances when the specified conditions are met. | |
The Firm uses master netting agreements to mitigate counterparty credit risk in certain transactions, including derivatives transactions, repurchase and reverse repurchase agreements, and securities borrow and loan agreements. A master netting agreement is a single contract with a counterparty that permits multiple transactions governed by that contract to be terminated and settled through a single payment in a single currency in the event of a default (e.g., bankruptcy, failure to make a required payment or securities transfer or deliver collateral or margin when due after expiration of any grace period). Upon the exercise of termination rights by the non-defaulting party, (i) all transactions are terminated, (ii) all transactions are valued and the positive value or “in the money” transactions are netted against the negative value or “out of the money” transactions and (iii) the only remaining payment obligation is of one of the parties to pay the netted termination amount. Upon exercise of repurchase agreement and securities loan default rights (i) all securities loan transactions are terminated and accelerated, (ii) all values of securities or cash held or to be delivered are calculated, and all such sums are netted against each other and (iii) the only remaining payment obligation is of one of the parties to pay the netted termination amount. | |
Typical master netting agreements for these types of transactions also often contain a collateral/margin agreement that provides for a security interest in or title transfer of securities or cash collateral/margin to the party that has the right to demand margin (the “demanding party”). The collateral/margin agreement typically requires a party to transfer collateral/margin to the demanding party with a value equal to the amount of the margin deficit on a net basis across all transactions governed by the master netting agreement, less any threshold. The collateral/margin agreement grants to the demanding party, upon default by the counterparty, the right to set-off any amounts payable by the counterparty against any posted collateral or the cash equivalent of any posted collateral/margin. It also grants to the demanding party the right to liquidate collateral/margin and to apply the proceeds to an amount payable by the counterparty. | |
For further discussion on the Firm’s derivative instruments, see Note 5 on pages 133–144 of this Form 10-Q. For further discussion on the Firm’s repurchase and reverse repurchase agreements, and securities borrowing and lending agreements, see Note 12 on pages 153–154 of this Form 10‑Q. |
Business_Changes_and_Developme
Business Changes and Developments | 9 Months Ended |
Sep. 30, 2013 | |
Business Changes and Developments [Abstract] | ' |
Business Changes and Developments | ' |
Business changes and developments | |
Business events | |
Changes to preferred stock | |
On February 5, 2013, the Firm issued $900 million of noncumulative preferred stock. On April 23, 2013, the Firm issued $1.5 billion of noncumulative preferred stock. On July 29, 2013, the Firm issued $1.5 billion of noncumulative preferred stock. | |
The Firm redeemed all $1.8 billion of its outstanding 8.625% noncumulative preferred stock, Series J on September 1, 2013. For additional information on the Firm’s preferred stock, see Note 22 on page 300 of the Firm’s 2012 Annual Report. | |
Redemption of outstanding trust preferred securities | |
On May 8, 2013, the Firm redeemed approximately $5.0 billion, or 100% of the liquidation amount, of the following eight series of trust preferred securities: JPMorgan Chase Capital X, XI, XII, XIV, XVI, XIX, XXIV, and BANK ONE Capital VI. For a further discussion of trust preferred securities, see Note 21 on pages 297–299 of JPMorgan Chase’s 2012 Annual Report. | |
Increase in common stock dividend | |
On May 21, 2013, the Board of Directors increased the Firm’s quarterly common stock dividend from $0.30 per share to $0.38 per share, effective with the dividend paid on July 31, 2013, to shareholders of record on July 5, 2013. | |
One Equity Partners | |
As announced on June 14, 2013, One Equity Partners (“OEP”) will raise its next fund from an external group of limited partners and then become independent from JPMorgan Chase. Until it becomes independent from the Firm, OEP will continue to make direct investments for JPMorgan Chase, and thereafter continue to manage the then-existing group of portfolio companies for JPMorgan Chase to maximize value for the Firm. | |
Physical commodities businesses | |
On July 26, 2013, the Firm announced that it is pursuing strategic alternatives for its physical commodities businesses, including its remaining holdings of commodities assets and its physical trading operations. The Firm is exploring a full range of options, including but not limited to: a sale, spin off or strategic partnership. During this process, the Firm will continue to run its physical commodities business as a going concern. The Firm remains fully committed to its traditional banking activities in the commodities markets, including financial derivatives and the trading of precious metals, which are not part of these strategic alternatives. | |
Student loan business | |
The Firm has announced it intends to exit student loan originations. | |
Subsequent events | |
One Chase Manhattan Plaza | |
On October 17, 2013, the Firm entered into a $725 million agreement for the sale of One Chase Manhattan Plaza, an office building located in New York City. The transaction is anticipated to close in the fourth quarter of 2013. | |
Mortgage-backed securities settlements with the Federal Housing Finance Agency, Freddie Mac and Fannie Mae | |
On October 25, 2013, the Firm announced that it had reached an agreement to resolve all of its mortgage-backed securities (“MBS”) litigation with the Federal Housing Finance Agency (“FHFA”) as conservator for Freddie Mac and Fannie Mae for $4.0 billion. This settlement resolves the Firm’s largest MBS case and relates to approximately $33.8 billion of securities purchased by Fannie Mae and Freddie Mac from JPMorgan Chase, Bear Stearns and Washington Mutual. The Firm also simultaneously agreed to resolve, for $1.1 billion, GSE repurchase claims for breaches of representations and warranties on loans sold to the GSEs from 2000 to 2008, except for certain limited types of exposures. The settlement does not release the Firm’s liability with respect to its servicing obligations on the covered loans. For additional information see Note 23 on pages 201–209 of this Form 10-Q. |
Fair_Value_Measurement
Fair Value Measurement | 9 Months Ended | |||||||||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||||||||
Fair Value Disclosures [Abstract] | ' | |||||||||||||||||||||||||||||||
FAIR VALUE MEASUREMENT | ' | |||||||||||||||||||||||||||||||
Fair value measurement | ||||||||||||||||||||||||||||||||
For a discussion of the Firm’s valuation methodologies for assets, liabilities and lending-related commitments measured at fair value and the fair value hierarchy, see Note 3 on pages 196–214 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||||||
The following table presents the asset and liabilities reported at fair value as of September 30, 2013, and December 31, 2012, by major product category and fair value hierarchy. | ||||||||||||||||||||||||||||||||
Assets and liabilities measured at fair value on a recurring basis | ||||||||||||||||||||||||||||||||
Fair value hierarchy | Netting adjustments | |||||||||||||||||||||||||||||||
September 30, 2013 (in millions) | Level 1 | Level 2 | Level 3 | Total fair value | ||||||||||||||||||||||||||||
Federal funds sold and securities purchased under resale agreements | $ | — | $ | 25,703 | $ | — | $ | — | $ | 25,703 | ||||||||||||||||||||||
Securities borrowed | — | 5,453 | — | — | 5,453 | |||||||||||||||||||||||||||
Trading assets: | ||||||||||||||||||||||||||||||||
Debt instruments: | ||||||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||||||
U.S. government agencies(a) | — | 24,210 | 881 | — | 25,091 | |||||||||||||||||||||||||||
Residential – nonagency | — | 1,800 | 613 | — | 2,413 | |||||||||||||||||||||||||||
Commercial – nonagency | — | 997 | 314 | — | 1,311 | |||||||||||||||||||||||||||
Total mortgage-backed securities | — | 27,007 | 1,808 | — | 28,815 | |||||||||||||||||||||||||||
U.S. Treasury and government agencies(a) | 22,877 | 11,919 | — | — | 34,796 | |||||||||||||||||||||||||||
Obligations of U.S. states and municipalities | — | 7,691 | 1,600 | — | 9,291 | |||||||||||||||||||||||||||
Certificates of deposit, bankers’ acceptances and commercial paper | — | 3,097 | — | — | 3,097 | |||||||||||||||||||||||||||
Non-U.S. government debt securities | 28,703 | 22,990 | 79 | — | 51,772 | |||||||||||||||||||||||||||
Corporate debt securities | — | 25,643 | 4,877 | — | 30,520 | |||||||||||||||||||||||||||
Loans(b) | — | 22,973 | 11,991 | — | 34,964 | |||||||||||||||||||||||||||
Asset-backed securities | — | 4,307 | 1,142 | — | 5,449 | |||||||||||||||||||||||||||
Total debt instruments | 51,580 | 125,627 | 21,497 | — | 198,704 | |||||||||||||||||||||||||||
Equity securities | 99,878 | 1,252 | 1,016 | — | 102,146 | |||||||||||||||||||||||||||
Physical commodities(c) | 4,993 | 5,293 | 8 | — | 10,294 | |||||||||||||||||||||||||||
Other | — | 3,955 | 1,461 | — | 5,416 | |||||||||||||||||||||||||||
Total debt and equity instruments(d) | 156,451 | 136,127 | 23,982 | — | 316,560 | |||||||||||||||||||||||||||
Derivative receivables: | ||||||||||||||||||||||||||||||||
Interest rate | 1,415 | 925,457 | 5,550 | (903,076 | ) | 29,346 | ||||||||||||||||||||||||||
Credit | — | 82,301 | 3,574 | (83,773 | ) | 2,102 | ||||||||||||||||||||||||||
Foreign exchange | 508 | 165,870 | 2,007 | (154,880 | ) | 13,505 | ||||||||||||||||||||||||||
Equity | — | 48,364 | 6,628 | (42,041 | ) | 12,951 | ||||||||||||||||||||||||||
Commodity | 320 | 38,317 | 791 | (30,544 | ) | 8,884 | ||||||||||||||||||||||||||
Total derivative receivables(e) | 2,243 | 1,260,309 | 18,550 | (1,214,314 | ) | 66,788 | ||||||||||||||||||||||||||
Total trading assets | 158,694 | 1,396,436 | 42,532 | (1,214,314 | ) | 383,348 | ||||||||||||||||||||||||||
Available-for-sale securities: | ||||||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||||||
U.S. government agencies(a) | — | 95,238 | — | — | 95,238 | |||||||||||||||||||||||||||
Residential – nonagency | — | 64,705 | 716 | — | 65,421 | |||||||||||||||||||||||||||
Commercial – nonagency | — | 14,363 | 310 | — | 14,673 | |||||||||||||||||||||||||||
Total mortgage-backed securities | — | 174,306 | 1,026 | — | 175,332 | |||||||||||||||||||||||||||
U.S. Treasury and government agencies(a) | 22,162 | 594 | — | — | 22,756 | |||||||||||||||||||||||||||
Obligations of U.S. states and municipalities | 68 | 27,998 | 187 | — | 28,253 | |||||||||||||||||||||||||||
Certificates of deposit | — | 947 | — | — | 947 | |||||||||||||||||||||||||||
Non-U.S. government debt securities | 27,080 | 28,666 | — | — | 55,746 | |||||||||||||||||||||||||||
Corporate debt securities | — | 25,196 | — | — | 25,196 | |||||||||||||||||||||||||||
Asset-backed securities: | ||||||||||||||||||||||||||||||||
Collateralized loan obligations | — | 28,023 | 969 | — | 28,992 | |||||||||||||||||||||||||||
Other | — | 11,620 | 324 | — | 11,944 | |||||||||||||||||||||||||||
Equity securities | 2,874 | — | — | — | 2,874 | |||||||||||||||||||||||||||
Total available-for-sale securities | 52,184 | 297,350 | 2,506 | — | 352,040 | |||||||||||||||||||||||||||
Loans | — | 80 | 2,005 | — | 2,085 | |||||||||||||||||||||||||||
Mortgage servicing rights | — | — | 9,490 | — | 9,490 | |||||||||||||||||||||||||||
Other assets: | ||||||||||||||||||||||||||||||||
Private equity investments(f) | 538 | — | 7,818 | — | 8,356 | |||||||||||||||||||||||||||
All other | 4,122 | 415 | 3,548 | — | 8,085 | |||||||||||||||||||||||||||
Total other assets | 4,660 | 415 | 11,366 | — | 16,441 | |||||||||||||||||||||||||||
Total assets measured at fair value on a recurring basis | $ | 215,538 | $ | 1,725,437 | (g) | $ | 67,899 | (g) | $ | (1,214,314 | ) | $ | 794,560 | |||||||||||||||||||
Deposits | $ | — | $ | 4,582 | $ | 2,200 | $ | — | $ | 6,782 | ||||||||||||||||||||||
Federal funds purchased and securities loaned or sold under repurchase agreements | — | 5,983 | — | — | 5,983 | |||||||||||||||||||||||||||
Other borrowed funds | — | 10,254 | 2,349 | — | 12,603 | |||||||||||||||||||||||||||
Trading liabilities: | ||||||||||||||||||||||||||||||||
Debt and equity instruments(d) | 65,932 | 21,306 | 96 | — | 87,334 | |||||||||||||||||||||||||||
Derivative payables: | ||||||||||||||||||||||||||||||||
Interest rate | 1,978 | 894,827 | 2,875 | (883,287 | ) | 16,393 | ||||||||||||||||||||||||||
Credit | — | 81,435 | 3,077 | (81,979 | ) | 2,533 | ||||||||||||||||||||||||||
Foreign exchange | 492 | 180,254 | 3,212 | (167,089 | ) | 16,869 | ||||||||||||||||||||||||||
Equity | — | 50,333 | 8,566 | (43,088 | ) | 15,811 | ||||||||||||||||||||||||||
Commodity | 482 | 39,488 | 844 | (31,635 | ) | 9,179 | ||||||||||||||||||||||||||
Total derivative payables(e) | 2,952 | 1,246,337 | 18,574 | (1,207,078 | ) | 60,785 | ||||||||||||||||||||||||||
Total trading liabilities | 68,884 | 1,267,643 | 18,670 | (1,207,078 | ) | 148,119 | ||||||||||||||||||||||||||
Accounts payable and other liabilities | — | — | 29 | — | 29 | |||||||||||||||||||||||||||
Beneficial interests issued by consolidated VIEs | — | 776 | 1,046 | — | 1,822 | |||||||||||||||||||||||||||
Long-term debt | — | 19,951 | 9,812 | — | 29,763 | |||||||||||||||||||||||||||
Total liabilities measured at fair value on a recurring basis | $ | 68,884 | $ | 1,309,189 | $ | 34,106 | $ | (1,207,078 | ) | $ | 205,101 | |||||||||||||||||||||
Fair value hierarchy | Netting adjustments | |||||||||||||||||||||||||||||||
December 31, 2012 (in millions) | Level 1 | Level 2 | Level 3 | Total fair value | ||||||||||||||||||||||||||||
Federal funds sold and securities purchased under resale agreements | $ | — | $ | 24,258 | $ | — | $ | — | $ | 24,258 | ||||||||||||||||||||||
Securities borrowed | — | 10,177 | — | — | 10,177 | |||||||||||||||||||||||||||
Trading assets: | ||||||||||||||||||||||||||||||||
Debt instruments: | ||||||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||||||
U.S. government agencies(a) | — | 36,240 | 498 | — | 36,738 | |||||||||||||||||||||||||||
Residential – nonagency | — | 1,509 | 663 | — | 2,172 | |||||||||||||||||||||||||||
Commercial – nonagency | — | 1,565 | 1,207 | — | 2,772 | |||||||||||||||||||||||||||
Total mortgage-backed securities | — | 39,314 | 2,368 | — | 41,682 | |||||||||||||||||||||||||||
U.S. Treasury and government agencies(a)(h) | 15,170 | 7,255 | — | — | 22,425 | |||||||||||||||||||||||||||
Obligations of U.S. states and municipalities | — | 16,726 | 1,436 | — | 18,162 | |||||||||||||||||||||||||||
Certificates of deposit, bankers’ acceptances and commercial paper | — | 4,759 | — | — | 4,759 | |||||||||||||||||||||||||||
Non-U.S. government debt securities(h) | 26,095 | 44,028 | 67 | — | 70,190 | |||||||||||||||||||||||||||
Corporate debt securities(h) | — | 31,882 | 5,308 | — | 37,190 | |||||||||||||||||||||||||||
Loans(b) | — | 30,754 | 10,787 | — | 41,541 | |||||||||||||||||||||||||||
Asset-backed securities | — | 4,182 | 3,696 | — | 7,878 | |||||||||||||||||||||||||||
Total debt instruments | 41,265 | 178,900 | 23,662 | — | 243,827 | |||||||||||||||||||||||||||
Equity securities | 106,898 | 2,687 | 1,114 | — | 110,699 | |||||||||||||||||||||||||||
Physical commodities(c) | 10,107 | 6,066 | — | — | 16,173 | |||||||||||||||||||||||||||
Other | — | 3,483 | 863 | — | 4,346 | |||||||||||||||||||||||||||
Total debt and equity instruments(d) | 158,270 | 191,136 | 25,639 | — | 375,045 | |||||||||||||||||||||||||||
Derivative receivables: | ||||||||||||||||||||||||||||||||
Interest rate(h) | 476 | 1,295,474 | 6,617 | (1,263,362 | ) | 39,205 | ||||||||||||||||||||||||||
Credit | — | 93,821 | 6,489 | (98,575 | ) | 1,735 | ||||||||||||||||||||||||||
Foreign exchange(h) | 450 | 171,439 | 3,051 | (160,798 | ) | 14,142 | ||||||||||||||||||||||||||
Equity(h) | — | 37,741 | 4,921 | (33,396 | ) | 9,266 | ||||||||||||||||||||||||||
Commodity(h) | 316 | 42,331 | 1,155 | (33,167 | ) | 10,635 | ||||||||||||||||||||||||||
Total derivative receivables(e) | 1,242 | 1,640,806 | 22,233 | (1,589,298 | ) | 74,983 | ||||||||||||||||||||||||||
Total trading assets | 159,512 | 1,831,942 | 47,872 | (1,589,298 | ) | 450,028 | ||||||||||||||||||||||||||
Available-for-sale securities: | ||||||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||||||
U.S. government agencies(a) | — | 98,388 | — | — | 98,388 | |||||||||||||||||||||||||||
Residential – nonagency | — | 74,189 | 450 | — | 74,639 | |||||||||||||||||||||||||||
Commercial – nonagency | — | 12,948 | 255 | — | 13,203 | |||||||||||||||||||||||||||
Total mortgage-backed securities | — | 185,525 | 705 | — | 186,230 | |||||||||||||||||||||||||||
U.S. Treasury and government agencies(a)(h) | 11,089 | 1,041 | — | — | 12,130 | |||||||||||||||||||||||||||
Obligations of U.S. states and municipalities | 35 | 21,489 | 187 | — | 21,711 | |||||||||||||||||||||||||||
Certificates of deposit | — | 2,783 | — | — | 2,783 | |||||||||||||||||||||||||||
Non-U.S. government debt securities(h) | 29,556 | 36,488 | — | — | 66,044 | |||||||||||||||||||||||||||
Corporate debt securities | — | 38,609 | — | — | 38,609 | |||||||||||||||||||||||||||
Asset-backed securities: | ||||||||||||||||||||||||||||||||
Collateralized loan obligations | — | — | 27,896 | — | 27,896 | |||||||||||||||||||||||||||
Other | — | 12,843 | 128 | — | 12,971 | |||||||||||||||||||||||||||
Equity securities | 2,733 | 38 | — | — | 2,771 | |||||||||||||||||||||||||||
Total available-for-sale securities | 43,413 | 298,816 | 28,916 | — | 371,145 | |||||||||||||||||||||||||||
Loans | — | 273 | 2,282 | — | 2,555 | |||||||||||||||||||||||||||
Mortgage servicing rights | — | — | 7,614 | — | 7,614 | |||||||||||||||||||||||||||
Other assets: | ||||||||||||||||||||||||||||||||
Private equity investments(f) | 578 | — | 7,181 | — | 7,759 | |||||||||||||||||||||||||||
All other | 4,188 | 253 | 4,258 | — | 8,699 | |||||||||||||||||||||||||||
Total other assets | 4,766 | 253 | 11,439 | — | 16,458 | |||||||||||||||||||||||||||
Total assets measured at fair value on a recurring basis | $ | 207,691 | $ | 2,165,719 | (g) | $ | 98,123 | (g) | $ | (1,589,298 | ) | $ | 882,235 | |||||||||||||||||||
Deposits | $ | — | $ | 3,750 | $ | 1,983 | $ | — | $ | 5,733 | ||||||||||||||||||||||
Federal funds purchased and securities loaned or sold under repurchase agreements | — | 4,388 | — | — | 4,388 | |||||||||||||||||||||||||||
Other borrowed funds | — | 9,972 | 1,619 | — | 11,591 | |||||||||||||||||||||||||||
Trading liabilities: | ||||||||||||||||||||||||||||||||
Debt and equity instruments(d)(h) | 47,469 | 13,588 | 205 | — | 61,262 | |||||||||||||||||||||||||||
Derivative payables: | ||||||||||||||||||||||||||||||||
Interest rate(h) | 490 | 1,256,934 | 3,295 | (1,235,813 | ) | 24,906 | ||||||||||||||||||||||||||
Credit | — | 95,411 | 4,616 | (97,523 | ) | 2,504 | ||||||||||||||||||||||||||
Foreign exchange(h) | 428 | 183,308 | 4,801 | (169,936 | ) | 18,601 | ||||||||||||||||||||||||||
Equity(h) | — | 37,807 | 6,727 | (32,715 | ) | 11,819 | ||||||||||||||||||||||||||
Commodity(h) | 176 | 46,565 | 901 | (34,816 | ) | 12,826 | ||||||||||||||||||||||||||
Total derivative payables(e) | 1,094 | 1,620,025 | 20,340 | (1,570,803 | ) | 70,656 | ||||||||||||||||||||||||||
Total trading liabilities | 48,563 | 1,633,613 | 20,545 | (1,570,803 | ) | 131,918 | ||||||||||||||||||||||||||
Accounts payable and other liabilities | — | — | 36 | — | 36 | |||||||||||||||||||||||||||
Beneficial interests issued by consolidated VIEs | — | 245 | 925 | — | 1,170 | |||||||||||||||||||||||||||
Long-term debt | — | 22,312 | 8,476 | — | 30,788 | |||||||||||||||||||||||||||
Total liabilities measured at fair value on a recurring basis | $ | 48,563 | $ | 1,674,280 | $ | 33,584 | $ | (1,570,803 | ) | $ | 185,624 | |||||||||||||||||||||
(a) | At September 30, 2013, and December 31, 2012, included total U.S. government-sponsored enterprise obligations of $106.2 billion and $119.4 billion, respectively, which were predominantly mortgage-related. | |||||||||||||||||||||||||||||||
(b) | At September 30, 2013, and December 31, 2012, included within trading loans were $18.1 billion and $26.4 billion, respectively, of residential first-lien mortgages, and $3.0 billion and $2.2 billion, respectively, of commercial first-lien mortgages. Residential mortgage loans include conforming mortgage loans originated with the intent to sell to U.S. government agencies of $9.3 billion and $17.4 billion, respectively, and reverse mortgages of $3.6 billion and $4.0 billion, respectively. | |||||||||||||||||||||||||||||||
(c) | Physical commodities inventories are generally accounted for at the lower of cost or market. “Market” is a term defined in U.S. GAAP as not exceeding fair value less costs to sell (“transaction costs”). Transaction costs for the Firm’s physical commodities inventories are either not applicable or immaterial to the value of the inventory. Therefore, market approximates fair value for the Firm’s physical commodities inventories. When fair value hedging has been applied (or when market is below cost), the carrying value of physical commodities approximates fair value, because under fair value hedge accounting, the cost basis is adjusted for changes in fair value. For a further discussion of the Firm’s hedge accounting relationships, see Note 5 on pages 133–144 of this Form 10-Q. To provide consistent fair value disclosure information, all physical commodities inventories have been included in each period presented. | |||||||||||||||||||||||||||||||
(d) | Balances reflect the reduction of securities owned (long positions) by the amount of securities sold but not yet purchased (short positions) when the long and short positions have identical Committee on Uniform Security Identification Procedures numbers (“CUSIPs”). | |||||||||||||||||||||||||||||||
(e) | As permitted under U.S. GAAP, the Firm has elected to net derivative receivables and derivative payables and the related cash collateral received and paid when a legally enforceable master netting agreement exists. For purposes of the tables above, the Firm does not reduce derivative receivables and derivative payables balances for this netting adjustment, either within or across the levels of the fair value hierarchy, as such netting is not relevant to a presentation based on the transparency of inputs to the valuation of an asset or liability. Therefore, the balances reported in the fair value hierarchy table are gross of any counterparty netting adjustments. However, if the Firm were to net such balances within level 3, the reduction in the level 3 derivative receivables and payables balances would be $7.4 billion and $7.4 billion at September 30, 2013, and December 31, 2012, respectively; this is exclusive of the netting benefit associated with cash collateral, which would further reduce the level 3 balances. | |||||||||||||||||||||||||||||||
(f) | Private equity instruments represent investments within the Corporate/Private Equity line of business. The cost basis of the private equity investment portfolio totaled $8.8 billion and $8.4 billion at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||||||||
(g) | Includes investments in hedge funds, private equity funds, real estate and other funds that do not have readily determinable fair values. The Firm uses net asset value per share when measuring the fair value of these investments. At September 30, 2013, and December 31, 2012, the fair values of these investments were $3.7 billion and $4.9 billion, respectively, of which $1.0 billion and $1.1 billion, respectively were classified in level 2, and $2.7 billion and $3.8 billion, respectively, in level 3. | |||||||||||||||||||||||||||||||
(h) | The prior period amounts have been revised. This revision had no impact on the Firm’s Consolidated Balance Sheets or its results of operations. | |||||||||||||||||||||||||||||||
Transfers between levels for instruments carried at fair value on a recurring basis | ||||||||||||||||||||||||||||||||
For the three and nine months ended September 30, 2013 and 2012, there were no significant transfers between levels 1 and 2, and from level 2 into level 3. | ||||||||||||||||||||||||||||||||
During the three months ended March 31, 2013, certain highly rated CLOs, including $27.3 billion held in the Firm’s available-for-sale (“AFS”) securities portfolio and $1.3 billion held in the trading portfolio, were transferred from Level 3 to Level 2, based on increased liquidity and price transparency. | ||||||||||||||||||||||||||||||||
For the nine months ended September 30, 2012, transfers from level 3 into level 2 included $1.2 billion of derivative payables based on increased observability of certain structured equity derivatives and $1.6 billion of long-term debt due to increased observability of certain equity structured notes. | ||||||||||||||||||||||||||||||||
All transfers are assumed to occur at the beginning of the quarterly reporting period in which they occur. | ||||||||||||||||||||||||||||||||
Level 3 valuations | ||||||||||||||||||||||||||||||||
The Firm has established well-documented processes for determining fair value, including for instruments where fair value is estimated using significant unobservable inputs (level 3). For further information on the Firm’s valuation process and a detailed discussion of the determination of fair value for individual financial instruments, see Note 3 on pages 196–214 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||||||
Estimating fair value requires the application of judgment. The type and level of judgment required is largely dependent on the amount of observable market information available to the Firm. For instruments valued using internally developed models that use significant unobservable inputs and are therefore classified within level 3 of the fair value hierarchy, judgments used to estimate fair value are more significant than those required when estimating the fair value of instruments classified within levels 1 and 2. | ||||||||||||||||||||||||||||||||
In arriving at an estimate of fair value for an instrument within level 3, management must first determine the appropriate model to use. Second, due to the lack of observability of significant inputs, management must assess all relevant empirical data in deriving valuation inputs — including, but not limited to, transaction details, yield curves, interest rates, prepayment speed, default rates, volatilities, correlations, equity or debt prices, valuations of comparable instruments, foreign exchange rates and credit curves. Finally, management judgment must be applied to assess the appropriate level of valuation adjustments to reflect counterparty credit quality, the Firm’s creditworthiness, constraints on liquidity and unobservable parameters, where relevant. The judgments made are typically affected by the type of product and its specific contractual terms, and the level of liquidity for the product or within the market as a whole. | ||||||||||||||||||||||||||||||||
The following table presents the Firm’s primary level 3 financial instruments, the valuation techniques used to measure the fair value of those financial instruments, the significant unobservable inputs, the range of values for those inputs and, for certain instruments, the weighted averages of such inputs. While the determination to classify an instrument within level 3 is based on the significance of the unobservable inputs to the overall fair value measurement, level 3 financial instruments typically include observable components (that is, components that are actively quoted and can be validated to external sources) in addition to the unobservable components. The level 1 and/or level 2 inputs are not included in the table. In addition, the Firm manages the risk of the observable components of level 3 financial instruments using securities and derivative positions that are classified within levels 1 or 2 of the fair value hierarchy. | ||||||||||||||||||||||||||||||||
The range of values presented in the table is representative of the highest and lowest level input used to value the significant groups of instruments within a product/instrument classification. The input range does not reflect the level of input uncertainty, instead it is driven by the different underlying characteristics of the various instruments within the classification. For example, two option contracts may have similar levels of market risk exposure and valuation uncertainty, but may have significantly different implied volatility levels because the option contracts have different underlyings, tenors, or strike prices. | ||||||||||||||||||||||||||||||||
Where provided, the weighted averages of the input values presented in the table are calculated based on the fair value of the instruments that the input is being used to value. In the Firm’s view, the input range and the weighted average value do not reflect the degree of input uncertainty or an assessment of the reasonableness of the Firm’s estimates and assumptions. Rather, they reflect the characteristics of the various instruments held by the Firm and the relative distribution of instruments within the range of characteristics. The input range and weighted average values will therefore vary from period-to-period and parameter to parameter based on the characteristics of the instruments held by the Firm at each balance sheet date. | ||||||||||||||||||||||||||||||||
For the Firm’s derivatives and structured notes positions classified within level 3, the equity and interest rate correlation inputs used in estimating fair value were concentrated at the upper end of the range presented, while the credit correlation inputs were distributed across the range presented and the foreign exchange correlation inputs were concentrated at the lower end of the range presented. In addition, the equity and interest rate volatility inputs used in estimating fair value were concentrated at the upper end of the range presented, while commodities volatilities were concentrated at the lower end of the range. | ||||||||||||||||||||||||||||||||
Level 3 inputs(a) | ||||||||||||||||||||||||||||||||
September 30, 2013 (in millions, except for ratios and basis points) | ||||||||||||||||||||||||||||||||
Product/Instrument | Fair value | Principal valuation technique | Unobservable inputs | Range of input values | Weighted average | |||||||||||||||||||||||||||
Residential mortgage-backed securities and loans | $ | 10,949 | Discounted cash flows | Yield | 3 | % | - | 31% | 7% | |||||||||||||||||||||||
Prepayment speed | 0 | % | - | 31% | 7% | |||||||||||||||||||||||||||
Conditional default rate | 0 | % | - | 100% | 16% | |||||||||||||||||||||||||||
Loss severity | 0 | % | - | 80% | 13% | |||||||||||||||||||||||||||
Commercial mortgage-backed securities and loans(b) | 1,454 | Discounted cash flows | Yield | 4 | % | - | 28% | 10% | ||||||||||||||||||||||||
Conditional default rate | 0 | % | - | 100% | 5% | |||||||||||||||||||||||||||
Loss severity | 0 | % | - | 40% | 38% | |||||||||||||||||||||||||||
Corporate debt securities, obligations of U.S. states and municipalities, and other | 12,944 | Discounted cash flows | Credit spread | 115 bps | - | 187 bps | 140 bps | |||||||||||||||||||||||||
Yield | 1 | % | - | 37% | 10% | |||||||||||||||||||||||||||
5,270 | Market comparables | Price | 3 | - | 145 | 94 | ||||||||||||||||||||||||||
Net interest rate derivatives | 2,675 | Option pricing | Interest rate correlation | (75 | )% | - | 94% | |||||||||||||||||||||||||
Interest rate spread volatility | 0 | % | - | 60% | ||||||||||||||||||||||||||||
Net credit derivatives(b) | 497 | Discounted cash flows | Credit correlation | 34 | % | - | 90% | |||||||||||||||||||||||||
Net foreign exchange derivatives | (1,205 | ) | Option pricing | Foreign exchange correlation | 35 | % | - | 75% | ||||||||||||||||||||||||
Net equity derivatives | (1,938 | ) | Option pricing | Equity volatility | 20 | % | - | 55% | ||||||||||||||||||||||||
Net commodity derivatives | (53 | ) | Option pricing | Commodity volatility | 24 | % | - | 42% | ||||||||||||||||||||||||
Collateralized loan obligations | 969 | Discounted cash flows | Credit spread | 150 bps | - | 800 bps | 270 bps | |||||||||||||||||||||||||
Prepayment speed | 15 | % | - | 20% | 19% | |||||||||||||||||||||||||||
Conditional default rate | 2% | 2% | ||||||||||||||||||||||||||||||
Loss severity | 40% | 40% | ||||||||||||||||||||||||||||||
455 | Market comparables | Price | 0 | - | 117 | 86 | ||||||||||||||||||||||||||
Mortgage servicing rights (“MSRs”) | 9,490 | Discounted cash flows | Refer to Note 16 on pages 186–189 of this Form 10-Q. | |||||||||||||||||||||||||||||
Private equity direct investments | 6,075 | Market comparables | EBITDA multiple | 3.8x | - | 12.3x | 8.0x | |||||||||||||||||||||||||
Liquidity adjustment | 0 | % | - | 48% | 15% | |||||||||||||||||||||||||||
Private equity fund investments(c) | 1,743 | Net asset value | Net asset value(e) | |||||||||||||||||||||||||||||
Long-term debt, other borrowed funds, and deposits(d) | 13,220 | Option pricing | Interest rate correlation | (75 | )% | - | 94% | |||||||||||||||||||||||||
Foreign exchange correlation | 0 | % | - | 75% | ||||||||||||||||||||||||||||
Equity correlation | (50 | )% | - | 85% | ||||||||||||||||||||||||||||
1,141 | Discounted cash flows | Credit correlation | 34 | % | - | 85% | ||||||||||||||||||||||||||
(a) | The categories presented in the table have been aggregated based upon the product type, which may differ from their classification on the Consolidated Balance Sheets. | |||||||||||||||||||||||||||||||
(b) | The unobservable inputs and associated input ranges for approximately $865 million of credit derivative receivables and $784 million of credit derivative payables with underlying mortgage risk have been included in the inputs and ranges provided for commercial mortgage-backed securities and loans. | |||||||||||||||||||||||||||||||
(c) | As of September 30, 2013, $708 million of private equity fund exposure was carried at a discount to net asset value per share. | |||||||||||||||||||||||||||||||
(d) | Long-term debt, other borrowed funds and deposits include structured notes issued by the Firm that are predominantly financial instruments containing embedded derivatives. The estimation of the fair value of structured notes is predominantly based on the derivative features embedded within the instruments. The significant unobservable inputs are broadly consistent with those presented for derivative receivables. | |||||||||||||||||||||||||||||||
(e) | The range has not been disclosed due to the wide range of possible values given the diverse nature of the underlying investments. | |||||||||||||||||||||||||||||||
Changes in and ranges of unobservable inputs | ||||||||||||||||||||||||||||||||
For a discussion of the impact on fair value of changes in unobservable inputs and the relationships between unobservable inputs as well as a description of attributes of the underlying instruments and external market factors that affect the range of inputs used in the valuation of the Firm’s positions see Note 3 on pages 196–214 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||||||
Changes in level 3 recurring fair value measurements | ||||||||||||||||||||||||||||||||
The following tables include a rollforward of the Consolidated Balance Sheets amounts (including changes in fair value) for financial instruments classified by the Firm within level 3 of the fair value hierarchy for the three and nine months ended September 30, 2013 and 2012. When a determination is made to classify a financial instrument within level 3, the determination is based on the significance of the unobservable parameters to the overall fair value measurement. However, level 3 financial instruments typically include, in addition to the unobservable or level 3 components, observable components (that is, components that are actively quoted and can be validated to external sources); accordingly, the gains and losses in the table below include changes in fair value due in part to observable factors that are part of the valuation methodology. Also, the Firm risk-manages the observable components of level 3 financial instruments using securities and derivative positions that are classified within level 1 or 2 of the fair value hierarchy; as these level 1 and level 2 risk management instruments are not included below, the gains or losses in the following tables do not reflect the effect of the Firm’s risk management activities related to such level 3 instruments. | ||||||||||||||||||||||||||||||||
Fair value measurements using significant unobservable inputs | ||||||||||||||||||||||||||||||||
Three months ended | Fair value at July 1, 2013 | Total realized/unrealized gains/(losses) | Transfers into and/or out of level 3(h) | Fair value at | Change in unrealized gains/(losses) related to financial instruments held at September 30, 2013 | |||||||||||||||||||||||||||
30-Sep-13 | 30-Sep-13 | |||||||||||||||||||||||||||||||
(in millions) | Purchases(g) | Sales | Settlements | |||||||||||||||||||||||||||||
Assets: | ||||||||||||||||||||||||||||||||
Trading assets: | ||||||||||||||||||||||||||||||||
Debt instruments: | ||||||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||||||
U.S. government agencies | $ | 901 | $ | (21 | ) | $ | 33 | $ | (9 | ) | $ | (23 | ) | $ | — | $ | 881 | $ | (14 | ) | ||||||||||||
Residential – nonagency | 615 | 61 | 146 | (185 | ) | (24 | ) | — | 613 | 43 | ||||||||||||||||||||||
Commercial – nonagency | 1,271 | 239 | 162 | (1,224 | ) | (134 | ) | — | 314 | 1 | ||||||||||||||||||||||
Total mortgage-backed securities | 2,787 | 279 | 341 | (1,418 | ) | (181 | ) | — | 1,808 | 30 | ||||||||||||||||||||||
Obligations of U.S. states and municipalities | 1,221 | (5 | ) | 419 | (32 | ) | (3 | ) | — | 1,600 | 1 | |||||||||||||||||||||
Non-U.S. government debt securities | 136 | (9 | ) | 368 | (415 | ) | (1 | ) | — | 79 | (6 | ) | ||||||||||||||||||||
Corporate debt securities | 5,735 | (22 | ) | 584 | (1,413 | ) | (41 | ) | 34 | 4,877 | 15 | |||||||||||||||||||||
Loans | 10,940 | 515 | 2,873 | (1,610 | ) | (595 | ) | (132 | ) | 11,991 | 470 | |||||||||||||||||||||
Asset-backed securities | 1,428 | 2 | 262 | (427 | ) | (108 | ) | (15 | ) | 1,142 | 5 | |||||||||||||||||||||
Total debt instruments | 22,247 | 760 | 4,847 | (5,315 | ) | (929 | ) | (113 | ) | 21,497 | 515 | |||||||||||||||||||||
Equity securities | 1,039 | 19 | 32 | (54 | ) | (3 | ) | (17 | ) | 1,016 | 105 | |||||||||||||||||||||
Physical commodities | 16 | — | — | (8 | ) | — | — | 8 | — | |||||||||||||||||||||||
Other | 1,105 | 81 | 419 | (74 | ) | (70 | ) | — | 1,461 | 71 | ||||||||||||||||||||||
Total trading assets – debt and equity instruments | 24,407 | 860 | (c) | 5,298 | (5,451 | ) | (1,002 | ) | (130 | ) | 23,982 | 691 | (c) | |||||||||||||||||||
Net derivative receivables:(a) | ||||||||||||||||||||||||||||||||
Interest rate | 2,101 | 548 | 160 | (68 | ) | (26 | ) | (40 | ) | 2,675 | 382 | |||||||||||||||||||||
Credit | 921 | (271 | ) | 5 | (11 | ) | (146 | ) | (1 | ) | 497 | (259 | ) | |||||||||||||||||||
Foreign exchange | (1,218 | ) | (122 | ) | 6 | (4 | ) | 135 | (2 | ) | (1,205 | ) | (252 | ) | ||||||||||||||||||
Equity | (2,291 | ) | 690 | 464 | (574 | ) | (535 | ) | 308 | (1,938 | ) | (572 | ) | |||||||||||||||||||
Commodity | 71 | 83 | — | — | (248 | ) | 41 | (53 | ) | (44 | ) | |||||||||||||||||||||
Total net derivative receivables | (416 | ) | 928 | (c) | 635 | (657 | ) | (820 | ) | 306 | (24 | ) | (745 | ) | (c) | |||||||||||||||||
Available-for-sale securities: | ||||||||||||||||||||||||||||||||
Asset-backed securities | 1,125 | 2 | 179 | — | (13 | ) | — | 1,293 | 2 | |||||||||||||||||||||||
Other | 824 | 8 | 361 | (4 | ) | (6 | ) | 30 | 1,213 | 8 | ||||||||||||||||||||||
Total available-for-sale securities | 1,949 | 10 | (d) | 540 | (4 | ) | (19 | ) | 30 | 2,506 | 10 | (d) | ||||||||||||||||||||
Loans | 1,843 | 78 | (c) | 286 | (86 | ) | (116 | ) | — | 2,005 | 63 | (c) | ||||||||||||||||||||
Mortgage servicing rights | 9,335 | (93 | ) | (e) | 534 | — | (286 | ) | — | 9,490 | (93 | ) | (e) | |||||||||||||||||||
Other assets: | ||||||||||||||||||||||||||||||||
Private equity investments | 7,105 | 469 | (c) | 419 | (161 | ) | (14 | ) | — | 7,818 | 521 | (c) | ||||||||||||||||||||
All other | 3,680 | 6 | (f) | 42 | (27 | ) | (153 | ) | — | 3,548 | (4 | ) | (f) | |||||||||||||||||||
Fair value measurements using significant unobservable inputs | ||||||||||||||||||||||||||||||||
Three months ended | Fair value at July 1, 2013 | Total realized/unrealized (gains)/losses | Transfers into and/or out of level 3(h) | Fair value at | Change in unrealized (gains)/losses related to financial instruments held at September 30, 2013 | |||||||||||||||||||||||||||
30-Sep-13 | 30-Sep-13 | |||||||||||||||||||||||||||||||
(in millions) | Purchases(g) | Sales | Issuances | Settlements | ||||||||||||||||||||||||||||
Liabilities:(b) | ||||||||||||||||||||||||||||||||
Deposits | $ | 2,190 | $ | (2 | ) | (c) | $ | — | $ | — | $ | 334 | $ | (26 | ) | $ | (296 | ) | $ | 2,200 | $ | (3 | ) | (c) | ||||||||
Other borrowed funds | 2,673 | 9 | (c) | — | — | 1,405 | (1,823 | ) | 85 | 2,349 | 64 | (c) | ||||||||||||||||||||
Trading liabilities – debt and equity instruments | 104 | (6 | ) | (c) | (118 | ) | 130 | — | (14 | ) | — | 96 | (9 | ) | (c) | |||||||||||||||||
Accounts payable and other liabilities | 32 | — | — | — | — | (3 | ) | — | 29 | — | ||||||||||||||||||||||
Beneficial interests issued by consolidated VIEs | 863 | 71 | (c) | — | — | 145 | (33 | ) | — | 1,046 | 47 | (c) | ||||||||||||||||||||
Long-term debt | 9,202 | 403 | (c) | — | — | 1,645 | (1,393 | ) | (45 | ) | 9,812 | 290 | (c) | |||||||||||||||||||
Fair value measurements using significant unobservable inputs | ||||||||||||||||||||||||||||||||
Three months ended | Fair value at July 1, 2012 | Total realized/unrealized gains/(losses) | Transfers into and/or out of level 3(h) | Fair value at | Change in unrealized gains/(losses) related to financial instruments held at September 30, 2012 | |||||||||||||||||||||||||||
30-Sep-12 | 30-Sep-12 | |||||||||||||||||||||||||||||||
(in millions) | Purchases(g) | Sales | Settlements | |||||||||||||||||||||||||||||
Assets: | ||||||||||||||||||||||||||||||||
Trading assets: | ||||||||||||||||||||||||||||||||
Debt instruments: | ||||||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||||||
U.S. government agencies | $ | 70 | $ | (10 | ) | $ | — | $ | — | $ | — | $ | — | $ | 60 | $ | (3 | ) | ||||||||||||||
Residential – nonagency | 671 | 54 | 155 | (168 | ) | (45 | ) | (1 | ) | 666 | 36 | |||||||||||||||||||||
Commercial – nonagency | 1,357 | 22 | 56 | (42 | ) | (26 | ) | — | 1,367 | 26 | ||||||||||||||||||||||
Total mortgage-backed securities | 2,098 | 66 | 211 | (210 | ) | (71 | ) | (1 | ) | 2,093 | 59 | |||||||||||||||||||||
Obligations of U.S. states and municipalities | 1,459 | (1 | ) | 6 | (56 | ) | — | — | 1,408 | — | ||||||||||||||||||||||
Non-U.S. government debt securities | 70 | (2 | ) | 130 | (140 | ) | (1 | ) | — | 57 | (4 | ) | ||||||||||||||||||||
Corporate debt securities | 5,234 | (1 | ) | 1,532 | (1,380 | ) | (242 | ) | (5 | ) | 5,138 | 52 | ||||||||||||||||||||
Loans | 10,915 | 392 | 1,119 | (684 | ) | (1,102 | ) | 6 | 10,646 | 299 | ||||||||||||||||||||||
Asset-backed securities | 6,809 | 135 | 634 | (2,053 | ) | (125 | ) | — | 5,400 | 126 | ||||||||||||||||||||||
Total debt instruments | 26,585 | 589 | 3,632 | (4,523 | ) | (1,541 | ) | — | 24,742 | 532 | ||||||||||||||||||||||
Equity securities | 1,236 | (11 | ) | 135 | (147 | ) | (41 | ) | 4 | 1,176 | (27 | ) | ||||||||||||||||||||
Other | 955 | 47 | 8 | (49 | ) | (19 | ) | — | 942 | 40 | ||||||||||||||||||||||
Total trading assets – debt and equity instruments | 28,776 | 625 | (c) | 3,775 | (4,719 | ) | (1,601 | ) | 4 | 26,860 | 545 | (c) | ||||||||||||||||||||
Net derivative receivables:(a) | ||||||||||||||||||||||||||||||||
Interest rate | 3,692 | 2,317 | 89 | (82 | ) | (2,311 | ) | (14 | ) | 3,691 | 1,295 | |||||||||||||||||||||
Credit | 4,448 | (1,491 | ) | 18 | (38 | ) | (327 | ) | — | 2,610 | (1,395 | ) | ||||||||||||||||||||
Foreign exchange | (1,488 | ) | (263 | ) | 33 | (5 | ) | (24 | ) | (44 | ) | (1,791 | ) | (205 | ) | |||||||||||||||||
Equity | (1,983 | ) | (118 | ) | 426 | (564 | ) | 52 | (10 | ) | (2,197 | ) | (180 | ) | ||||||||||||||||||
Commodity | 17 | (392 | ) | 11 | (1 | ) | 313 | 49 | (3 | ) | (163 | ) | ||||||||||||||||||||
Total net derivative receivables | 4,686 | 53 | (c) | 577 | (690 | ) | (2,297 | ) | (19 | ) | 2,310 | (648 | ) | (c) | ||||||||||||||||||
Available-for-sale securities: | ||||||||||||||||||||||||||||||||
Asset-backed securities | 25,692 | 168 | 1,334 | (24 | ) | (811 | ) | — | 26,359 | 167 | ||||||||||||||||||||||
Other | 622 | 1 | 406 | — | (10 | ) | — | 1,019 | 1 | |||||||||||||||||||||||
Total available-for-sale securities | 26,314 | 169 | (d) | 1,740 | (24 | ) | (821 | ) | — | 27,378 | 168 | (d) | ||||||||||||||||||||
Loans | 2,520 | 110 | (c) | 494 | — | (854 | ) | 63 | 2,333 | 101 | (c) | |||||||||||||||||||||
Mortgage servicing rights | 7,118 | (329 | ) | (e) | 606 | (23 | ) | (292 | ) | — | 7,080 | (329 | ) | (e) | ||||||||||||||||||
Other assets: | ||||||||||||||||||||||||||||||||
Private equity investments | 6,702 | 23 | (c) | 762 | (93 | ) | (290 | ) | — | 7,104 | (77 | ) | (c) | |||||||||||||||||||
All other | 4,448 | 7 | (f) | 90 | (53 | ) | (129 | ) | — | 4,363 | 6 | (f) | ||||||||||||||||||||
Fair value measurements using significant unobservable inputs | ||||||||||||||||||||||||||||||||
Three months ended | Fair value at July 1, 2012 | Total realized/unrealized (gains)/losses | Transfers into and/or out of level 3(h) | Fair value at | Change in unrealized (gains)/losses related to financial instruments held at September 30, 2012 | |||||||||||||||||||||||||||
30-Sep-12 | 30-Sep-12 | |||||||||||||||||||||||||||||||
(in millions) | Purchases(g) | Sales | Issuances | Settlements | ||||||||||||||||||||||||||||
Liabilities:(b) | ||||||||||||||||||||||||||||||||
Deposits | $ | 1,876 | $ | 58 | (c) | $ | — | $ | — | $ | 240 | $ | (88 | ) | $ | (113 | ) | $ | 1,973 | $ | 45 | (c) | ||||||||||
Other borrowed funds | 1,107 | 71 | (c) | — | — | 374 | (421 | ) | 196 | 1,327 | 156 | (c) | ||||||||||||||||||||
Trading liabilities – debt and equity instruments | 360 | 8 | (c) | (583 | ) | 377 | — | 1 | — | 163 | 6 | (c) | ||||||||||||||||||||
Accounts payable and other liabilities | 42 | — | — | — | — | (4 | ) | — | 38 | — | ||||||||||||||||||||||
Beneficial interests issued by consolidated VIEs | 745 | 88 | (c) | — | — | 153 | (84 | ) | — | 902 | 39 | (c) | ||||||||||||||||||||
Long-term debt | 8,856 | 647 | (c) | — | — | 647 | (1,666 | ) | (12 | ) | 8,472 | 762 | (c) | |||||||||||||||||||
Fair value measurements using significant unobservable inputs | ||||||||||||||||||||||||||||||||
Nine months ended | Fair value at January 1, 2013 | Total realized/unrealized gains/(losses) | Transfers into and/or out of level 3(h) | Fair value at | Change in unrealized gains/(losses) related to financial instruments held at September 30, 2013 | |||||||||||||||||||||||||||
30-Sep-13 | 30-Sep-13 | |||||||||||||||||||||||||||||||
(in millions) | Purchases(g) | Sales | Settlements | |||||||||||||||||||||||||||||
Assets: | ||||||||||||||||||||||||||||||||
Trading assets: | ||||||||||||||||||||||||||||||||
Debt instruments: | ||||||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||||||
U.S. government agencies | $ | 498 | $ | 119 | $ | 426 | $ | (88 | ) | $ | (74 | ) | $ | — | $ | 881 | $ | 143 | ||||||||||||||
Residential – nonagency | 663 | 373 | 580 | (925 | ) | (73 | ) | (5 | ) | 613 | 185 | |||||||||||||||||||||
Commercial – nonagency | 1,207 | 114 | 601 | (1,402 | ) | (206 | ) | — | 314 | (5 | ) | |||||||||||||||||||||
Total mortgage-backed securities | 2,368 | 606 | 1,607 | (2,415 | ) | (353 | ) | (5 | ) | 1,808 | 323 | |||||||||||||||||||||
Obligations of U.S. states and municipalities | 1,436 | 13 | 472 | (115 | ) | (206 | ) | — | 1,600 | 23 | ||||||||||||||||||||||
Non-U.S. government debt securities | 67 | 2 | 1,002 | (1,097 | ) | (5 | ) | 110 | 79 | 1 | ||||||||||||||||||||||
Corporate debt securities | 5,308 | (146 | ) | 5,762 | (4,931 | ) | (1,488 | ) | 372 | 4,877 | 104 | |||||||||||||||||||||
Loans | 10,787 | 384 | 8,281 | (5,360 | ) | (1,986 | ) | (115 | ) | 11,991 | 127 | |||||||||||||||||||||
Asset-backed securities | 3,696 | 161 | 1,302 | (1,961 | ) | (255 | ) | (1,801 | ) | 1,142 | 173 | |||||||||||||||||||||
Total debt instruments | 23,662 | 1,020 | 18,426 | (15,879 | ) | (4,293 | ) | (1,439 | ) | 21,497 | 751 | |||||||||||||||||||||
Equity securities | 1,114 | 10 | 236 | (202 | ) | (68 | ) | (74 | ) | 1,016 | 3 | |||||||||||||||||||||
Physical commodities | — | — | — | (8 | ) | — | 16 | 8 | — | |||||||||||||||||||||||
Other | 863 | 168 | 545 | (94 | ) | (151 | ) | 130 | 1,461 | 215 | ||||||||||||||||||||||
Total trading assets – debt and equity instruments | 25,639 | 1,198 | (c) | 19,207 | (16,183 | ) | (4,512 | ) | (1,367 | ) | 23,982 | 969 | (c) | |||||||||||||||||||
Net derivative receivables(a): | ||||||||||||||||||||||||||||||||
Interest rate | 3,322 | 979 | 275 | (193 | ) | (1,873 | ) | 165 | 2,675 | 155 | ||||||||||||||||||||||
Credit | 1,873 | (1,095 | ) | 55 | (12 | ) | (335 | ) | 11 | 497 | (1,128 | ) | ||||||||||||||||||||
Foreign exchange | (1,750 | ) | (77 | ) | (1 | ) | (7 | ) | 648 | (18 | ) | (1,205 | ) | (276 | ) | |||||||||||||||||
Equity | (1,806 | ) | 1,203 | 1,685 | (1,880 | ) | (1,345 | ) | 205 | (1,938 | ) | 499 | ||||||||||||||||||||
Commodity | 254 | 736 | 11 | (3 | ) | (1,102 | ) | 51 | (53 | ) | 125 | |||||||||||||||||||||
Total net derivative receivables | 1,893 | 1,746 | (c) | 2,025 | (2,095 | ) | (4,007 | ) | 414 | (24 | ) | (625 | ) | (c) | ||||||||||||||||||
Available-for-sale securities: | ||||||||||||||||||||||||||||||||
Asset-backed securities | 28,024 | 7 | 579 | — | (57 | ) | (27,260 | ) | 1,293 | 7 | ||||||||||||||||||||||
Other | 892 | (1 | ) | 368 | (17 | ) | (59 | ) | 30 | 1,213 | 13 | |||||||||||||||||||||
Total available-for-sale securities | 28,916 | 6 | (d) | 947 | (17 | ) | (116 | ) | (27,230 | ) | 2,506 | 20 | (d) | |||||||||||||||||||
Loans | 2,282 | 49 | (c) | 614 | (142 | ) | (798 | ) | — | 2,005 | (47 | ) | (c) | |||||||||||||||||||
Mortgage servicing rights | 7,614 | 1,254 | (e) | 1,873 | (418 | ) | (833 | ) | — | 9,490 | 1,254 | (e) | ||||||||||||||||||||
Other assets: | ||||||||||||||||||||||||||||||||
Private equity investments | 7,181 | 634 | (c) | 622 | (264 | ) | (355 | ) | — | 7,818 | 322 | (c) | ||||||||||||||||||||
All other | 4,258 | (19 | ) | (f) | 177 | (322 | ) | (546 | ) | — | 3,548 | (55 | ) | (f) | ||||||||||||||||||
Fair value measurements using significant unobservable inputs | ||||||||||||||||||||||||||||||||
Nine months ended | Fair value at January 1, 2013 | Total realized/unrealized (gains)/losses | Transfers into and/or out of level 3(h) | Fair value at | Change in unrealized (gains)/losses related to financial instruments held at September 30, 2013 | |||||||||||||||||||||||||||
30-Sep-13 | 30-Sep-13 | |||||||||||||||||||||||||||||||
(in millions) | Purchases(g) | Sales | Issuances | Settlements | ||||||||||||||||||||||||||||
Liabilities:(b) | ||||||||||||||||||||||||||||||||
Deposits | $ | 1,983 | $ | (107 | ) | (c) | $ | — | $ | — | $ | 946 | $ | (183 | ) | $ | (439 | ) | $ | 2,200 | $ | (38 | ) | (c) | ||||||||
Other borrowed funds | 1,619 | (260 | ) | (c) | — | — | 5,556 | (4,742 | ) | 176 | 2,349 | (192 | ) | (c) | ||||||||||||||||||
Trading liabilities – debt and equity instruments | 205 | (74 | ) | (c) | (1,977 | ) | 2,136 | — | (48 | ) | (146 | ) | 96 | (12 | ) | (c) | ||||||||||||||||
Accounts payable and other liabilities | 36 | 1 | (f) | — | — | — | (8 | ) | — | 29 | 1 | (f) | ||||||||||||||||||||
Beneficial interests issued by consolidated VIEs | 925 | 96 | (c) | — | — | 196 | (171 | ) | — | 1,046 | (18 | ) | (c) | |||||||||||||||||||
Long-term debt | 8,476 | (502 | ) | (c) | — | — | 5,378 | (2,996 | ) | (544 | ) | 9,812 | (440 | ) | (c) | |||||||||||||||||
Fair value measurements using significant unobservable inputs | ||||||||||||||||||||||||||||||||
Nine months ended | Fair value at January 1, 2012 | Total realized/unrealized gains/(losses) | Transfers into and/or out of level 3(h) | Fair value at | Change in unrealized gains/(losses) related to financial instruments held at September 30, 2012 | |||||||||||||||||||||||||||
30-Sep-12 | 30-Sep-12 | |||||||||||||||||||||||||||||||
(in millions) | Purchases(g) | Sales | Settlements | |||||||||||||||||||||||||||||
Assets: | ||||||||||||||||||||||||||||||||
Trading assets: | ||||||||||||||||||||||||||||||||
Debt instruments: | ||||||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||||||
U.S. government agencies | $ | 86 | $ | (31 | ) | $ | 5 | $ | — | $ | — | $ | — | $ | 60 | $ | (11 | ) | ||||||||||||||
Residential – nonagency | 796 | 105 | 334 | (426 | ) | (120 | ) | (23 | ) | 666 | 67 | |||||||||||||||||||||
Commercial – nonagency | 1,758 | (25 | ) | 186 | (371 | ) | (81 | ) | (100 | ) | 1,367 | (14 | ) | |||||||||||||||||||
Total mortgage-backed securities | 2,640 | 49 | 525 | (797 | ) | (201 | ) | (123 | ) | 2,093 | 42 | |||||||||||||||||||||
Obligations of U.S. states and municipalities | 1,619 | (2 | ) | 335 | (540 | ) | (4 | ) | — | 1,408 | (8 | ) | ||||||||||||||||||||
Non-U.S. government debt securities | 104 | 1 | 473 | (500 | ) | (21 | ) | — | 57 | (3 | ) | |||||||||||||||||||||
Corporate debt securities | 6,373 | 204 | 5,468 | (4,085 | ) | (2,447 | ) | (375 | ) | 5,138 | 301 | |||||||||||||||||||||
Loans | 12,209 | 687 | 3,332 | (1,976 | ) | (3,032 | ) | (574 | ) | 10,646 | 404 | |||||||||||||||||||||
Asset-backed securities | 7,965 | 147 | 1,912 | (3,987 | ) | (638 | ) | 1 | 5,400 | 88 | ||||||||||||||||||||||
Total debt instruments | 30,910 | 1,086 | 12,045 | (11,885 | ) | (6,343 | ) | (1,071 | ) | 24,742 | 824 | |||||||||||||||||||||
Equity securities | 1,177 | (88 | ) | 247 | (204 | ) | (54 | ) | 98 | 1,176 | (44 | ) | ||||||||||||||||||||
Other | 880 | 201 | 58 | (97 | ) | (100 | ) | — | 942 | 203 | ||||||||||||||||||||||
Total trading assets – debt and equity instruments | 32,967 | 1,199 | (c) | 12,350 | (12,186 | ) | (6,497 | ) | (973 | ) | 26,860 | 983 | (c) | |||||||||||||||||||
Net derivative receivables(a): | ||||||||||||||||||||||||||||||||
Interest rate | 3,561 | 5,672 | 389 | (180 | ) | (5,366 | ) | (385 | ) | 3,691 | 1,564 | |||||||||||||||||||||
Credit | 7,732 | (3,677 | ) | 122 | (81 | ) | (1,487 | ) | 1 | 2,610 | (3,098 | ) | ||||||||||||||||||||
Foreign exchange | (1,263 | ) | (768 | ) | 78 | (183 | ) | 395 | (50 | ) | (1,791 | ) | (691 | ) | ||||||||||||||||||
Equity | (3,105 | ) | 47 | 1,279 | (1,642 | ) | 151 | 1,073 | (2,197 | ) | (537 | ) | ||||||||||||||||||||
Commodity | (687 | ) | (472 | ) | 50 | 64 | 958 | 84 | (3 | ) | (280 | ) | ||||||||||||||||||||
Total net derivative receivables | 6,238 | 802 | (c) | 1,918 | (2,022 | ) | (5,349 | ) | 723 | 2,310 | (3,042 | ) | (c) | |||||||||||||||||||
Available-for-sale securities: | ||||||||||||||||||||||||||||||||
Asset-backed securities | 24,958 | (168 | ) | 4,504 | (1,171 | ) | (1,880 | ) | 116 | 26,359 | (183 | ) | ||||||||||||||||||||
Other | 528 | 33 | 667 | (113 | ) | (96 | ) | — | 1,019 | 8 | ||||||||||||||||||||||
Total available-for-sale securities | 25,486 | (135 | ) | (d) | 5,171 | (1,284 | ) | (1,976 | ) | 116 | 27,378 | (175 | ) | (d) | ||||||||||||||||||
Loans | 1,647 | 686 | (c) | 1,201 | — | (1,345 | ) | 144 | 2,333 | 678 | (c) | |||||||||||||||||||||
Mortgage servicing rights | 7,223 | (852 | ) | (e) | 1,705 | (23 | ) | (973 | ) | — | 7,080 | (852 | ) | (e) | ||||||||||||||||||
Other assets: | ||||||||||||||||||||||||||||||||
Private equity investments | 6,751 | 310 | (c) | 1,221 | (335 | ) | (797 | ) | (46 | ) | 7,104 | 348 | (c) | |||||||||||||||||||
All other | 4,374 | (216 | ) | (f) | 722 | (145 | ) | (372 | ) | — | 4,363 | (215 | ) | (f) | ||||||||||||||||||
Fair value measurements using significant unobservable inputs | ||||||||||||||||||||||||||||||||
Nine months ended | Fair value at January 1, 2012 | Total realized/unrealized (gains)/losses | Transfers into and/or out of level 3(h) | Fair value at | Change in unrealized (gains)/losses related to financial instruments held at September 30, 2012 | |||||||||||||||||||||||||||
30-Sep-12 | 30-Sep-12 | |||||||||||||||||||||||||||||||
(in millions) | Purchases(g) | Sales | Issuances | Settlements | ||||||||||||||||||||||||||||
Liabilities:(b) | ||||||||||||||||||||||||||||||||
Deposits | $ | 1,418 | $ | 224 | (c) | $ | — | $ | — | $ | 948 | $ | (320 | ) | $ | (297 | ) | $ | 1,973 | $ | 237 | (c) | ||||||||||
Other borrowed funds | 1,507 | 62 | (c) | — | — | 1,183 | (1,599 | ) | 174 | 1,327 | 118 | (c) | ||||||||||||||||||||
Trading liabilities – debt and equity instruments | 211 | (9 | ) | (c) | (1,983 | ) | 1,976 | — | (27 | ) | (5 | ) | 163 | (4 | ) | (c) | ||||||||||||||||
Accounts payable and other liabilities | 51 | — | — | — | — | (13 | ) | — | 38 | 1 | (f) | |||||||||||||||||||||
Beneficial interests issued by consolidated VIEs | 791 | 135 | (c) | — | — | 207 | (231 | ) | — | 902 | 34 | (c) | ||||||||||||||||||||
Long-term debt | 10,310 | 595 | (c) | — | — | 2,521 | (3,832 | ) | (1,122 | ) | 8,472 | 664 | (c) | |||||||||||||||||||
(a) | All level 3 derivatives are presented on a net basis, irrespective of the underlying counterparty. | |||||||||||||||||||||||||||||||
(b) | Level 3 liabilities as a percentage of total Firm liabilities accounted for at fair value (including liabilities measured at fair value on a nonrecurring basis) were 17% and 18% at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||||||||
(c) | Predominantly reported in principal transactions revenue, except for changes in fair value for Consumer & Community Banking (“CCB”) mortgage loans, lending-related commitments originated with the intent to sell, and mortgage loan purchase commitments, which are reported in mortgage fees and related income. | |||||||||||||||||||||||||||||||
(d) | Realized gains/(losses) on available-for-sale (“AFS”) securities, as well as other-than-temporary impairment losses that are recorded in earnings, are reported in securities gains. Unrealized gains/(losses) are reported in OCI. Realized gains/(losses) and foreign exchange remeasurement adjustments recorded in income on AFS securities were $18 million and $83 million for the three months ended September 30, 2013 and 2012, and $3 million and $(81) million for the nine months ended September 30, 2013 and 2012, respectively. Unrealized gains/(losses) recorded on AFS securities in OCI were $(8) million and $86 million for the three months ended September 30, 2013 and 2012, and $3 million and $(54) million for the nine months ended September 30, 2013 and 2012, respectively. | |||||||||||||||||||||||||||||||
(e) | Changes in fair value for CCB mortgage servicing rights are reported in mortgage fees and related income. | |||||||||||||||||||||||||||||||
(f) | Predominantly reported in other income. | |||||||||||||||||||||||||||||||
(g) | Loan originations are included in purchases. | |||||||||||||||||||||||||||||||
(h) | All transfers into and/or out of level 3 are assumed to occur at the beginning of the quarterly reporting period in which they occur. | |||||||||||||||||||||||||||||||
Level 3 analysis | ||||||||||||||||||||||||||||||||
Consolidated Balance Sheets changes | ||||||||||||||||||||||||||||||||
Level 3 assets (including assets measured at fair value on a nonrecurring basis) were 2.8% of total Firm assets at September 30, 2013. The following describes significant changes to level 3 assets since December 31, 2012, for those items measured at fair value on a recurring basis. For further information on changes impacting items measured at fair value on a nonrecurring basis, see Assets and liabilities measured at fair value on a nonrecurring basis on page 128 of this Form 10-Q. | ||||||||||||||||||||||||||||||||
Three months ended September 30, 2013 | ||||||||||||||||||||||||||||||||
Level 3 assets were $67.9 billion at September 30, 2013, reflecting an increase of $2.2 billion from June 30, 2013, due to the following: | ||||||||||||||||||||||||||||||||
• | $1.1 billion increase in derivative receivables largely driven by a $1.6 billion increase in equity derivative receivables due to client-driven market-making activity; | |||||||||||||||||||||||||||||||
• | $425 million decrease in trading assets - debt and equity instruments, largely driven by net sales of nonagency commercial mortgage-backed and corporate debt securities, partially offset by net purchases of trading loans. | |||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | ||||||||||||||||||||||||||||||||
Level 3 assets decreased by $30.2 billion in the first nine months of 2013, due to the following: | ||||||||||||||||||||||||||||||||
• | $26.7 billion decrease in asset-backed AFS securities and a $2.6 billion decrease in asset-backed trading securities largely driven by transfers of highly rated CLOs from level 3 into level 2 during the first quarter of 2013, based on increased liquidity and price transparency; | |||||||||||||||||||||||||||||||
• | $3.7 billion decrease in derivative receivables predominantly driven by a $2.9 billion decrease from the impact of tightening reference entity credit spreads and risk reductions in credit derivatives, a $1.1 billion decrease in interest rate derivatives due to the increase in interest rates, and $1.0 billion decrease in foreign exchange derivatives due to market movements, partially offset by $1.7 billion increase in equity derivatives due to client-driven market-making activity; | |||||||||||||||||||||||||||||||
• | $1.9 billion increase in MSRs. For further discussion of the change, refer to Note 16 on pages 186–189 of this Form 10-Q. | |||||||||||||||||||||||||||||||
• | $1.2 billion increase in trading loans largely due to net purchases; | |||||||||||||||||||||||||||||||
Gains and losses | ||||||||||||||||||||||||||||||||
The following describes significant components of total realized/unrealized gains/(losses) for instruments measured at fair value on a recurring basis for the periods indicated. For further information on these instruments, see Changes in level 3 recurring fair value measurements rollforward tables on pages 121–126 of this Form 10-Q. | ||||||||||||||||||||||||||||||||
Three months ended September 30, 2013 | ||||||||||||||||||||||||||||||||
• | $2.3 billion of net gains on assets and $475 million of net losses on liabilities, measured at fair value on a recurring basis, none of which were individually significant. | |||||||||||||||||||||||||||||||
Three months ended September 30, 2012 | ||||||||||||||||||||||||||||||||
• | $53 million of net gains on derivatives, driven by $2.3 billion of gains on interest rate lock commitments due to increased volumes and declining interest rates, partially offset by $1.5 billion of losses on credit derivatives as a result of tightening of reference entity credit spreads. | |||||||||||||||||||||||||||||||
Nine months ended September 30, 2013 | ||||||||||||||||||||||||||||||||
• | $1.7 billion of net gains on derivatives, largely driven by $1.2 billion of gains on equity derivatives primarily related to client-driven market-making activity and a rise in equity markets, $1.0 billion of gains on interest rate lock and mortgage loan purchase commitments, partially offset by $1.1 billion of losses on credit derivatives from the impact of tightening reference entity credit spreads; | |||||||||||||||||||||||||||||||
• | $1.3 billion of gains on MSRs. For further discussion of the change, refer to Note 16 on pages 186–189 of this Form 10-Q; | |||||||||||||||||||||||||||||||
• | $1.2 billion of net gains on trading assets - debt and equity instruments, largely driven by credit spread tightening in nonagency mortgage-backed securities and trading loans. | |||||||||||||||||||||||||||||||
Nine months ended September 30, 2012 | ||||||||||||||||||||||||||||||||
• | $1.2 billion of net gains on trading assets - debt and equity instruments, largely driven by sales and settlements of trading loans; | |||||||||||||||||||||||||||||||
• | $852 million of losses on MSRs. For further discussion of the change, refer to Note 16 on pages 186–189 of this Form 10-Q; and | |||||||||||||||||||||||||||||||
• | $802 million of net gains on derivatives, driven by $5.7 billion of gains predominantly on interest rate lock commitments due to increased volumes and declining interest rates, partially offset by $3.7 billion of losses on credit derivatives largely as a result of tightening of reference entity credit spreads. | |||||||||||||||||||||||||||||||
Credit adjustments | ||||||||||||||||||||||||||||||||
When determining the fair value of an instrument, it may be necessary to record adjustments to the Firm’s estimates of fair value in order to reflect the counterparty credit quality and Firm’s own creditworthiness: | ||||||||||||||||||||||||||||||||
• | Credit valuation adjustments (“CVA”) are taken to reflect the credit quality of a counterparty in the valuation of derivatives. CVA adjustments are necessary when the market price (or parameter) is not indicative of the credit quality of the counterparty. As few classes of derivative contracts are listed on an exchange, derivative positions are predominantly valued using models that use as their basis observable market parameters. An adjustment therefore may be necessary to reflect the credit quality of each derivative counterparty to arrive at fair value. | |||||||||||||||||||||||||||||||
The Firm estimates derivatives CVA using a scenario analysis to estimate the expected credit exposure across all of the Firm’s positions with each counterparty, and then estimates losses as a result of a counterparty credit event. The key inputs to this methodology are (i) the expected positive exposure to each counterparty based on a simulation that assumes the current population of existing derivatives with each counterparty remains unchanged and considers contractual factors designed to mitigate the Firm’s credit exposure, such as collateral and legal rights of offset, (ii) the probability of a default event occurring for each counterparty, as derived from observed or estimated credit default swap (“CDS”) spreads, and (iii) estimated recovery rates implied by CDS, adjusted to consider the differences in recovery rates as a derivative creditor relative to those reflected in CDS spreads, which generally reflect senior unsecured creditor risk. | ||||||||||||||||||||||||||||||||
• | Debit valuation adjustments (“DVA”) are taken to reflect the credit quality of the Firm in the valuation of liabilities measured at fair value. The DVA calculation methodology is generally consistent with the CVA methodology described above and incorporates JPMorgan Chase’s credit spread as observed through the CDS market to estimate the probability of default and loss given default as a result of a systemic event affecting the Firm. Structured notes DVA is estimated using the current fair value of the structured note as the exposure amount, and is otherwise consistent with the derivative DVA methodology. | |||||||||||||||||||||||||||||||
The following table provides the credit adjustments, excluding the effect of any hedging activity, reflected within the Consolidated Balance Sheets as of the dates indicated. | ||||||||||||||||||||||||||||||||
(in millions) | Sep 30, 2013 | Dec 31, 2012 | ||||||||||||||||||||||||||||||
Derivative receivables balance (net of derivatives CVA) | $ | 66,788 | $ | 74,983 | ||||||||||||||||||||||||||||
Derivatives CVA(a) | (2,993 | ) | (4,238 | ) | ||||||||||||||||||||||||||||
Derivative payables balance (net of derivatives DVA) | 60,785 | 70,656 | ||||||||||||||||||||||||||||||
Derivatives DVA | (863 | ) | (830 | ) | ||||||||||||||||||||||||||||
Structured notes balance (net of structured notes DVA)(b)(c)(d) | 49,148 | 48,112 | ||||||||||||||||||||||||||||||
Structured notes DVA | (1,763 | ) | (1,712 | ) | ||||||||||||||||||||||||||||
(a) | Derivatives CVA, gross of hedges, includes results managed by the credit portfolio and other lines of business within the Corporate & Investment Bank (“CIB”). | |||||||||||||||||||||||||||||||
(b) | Structured notes are predominantly financial instruments containing embedded derivatives. At September 30, 2013, and December 31, 2012, included $541 million and $1.1 billion, respectively, of plain vanilla financial instruments with fixed or floating rate coupons, that are not indexed to an underlying, for which the fair value option has been elected. For further information on fair value option see Note 4 on pages of 214–216 of JPMorgan Chase’s 2012 Annual Report. | |||||||||||||||||||||||||||||||
(c) | Structured notes are recorded within long-term debt, other borrowed funds or deposits on the Consolidated Balance Sheets, depending upon their tenor and legal form. | |||||||||||||||||||||||||||||||
(d) | Structured notes are measured at fair value based on the Firm’s election under the fair value option. For further information on these elections, see Note 4 on pages 130–132 of this Form 10-Q. | |||||||||||||||||||||||||||||||
The following table provides the impact of credit adjustments on earnings in the respective periods, excluding the effect of any hedging activity. | ||||||||||||||||||||||||||||||||
Three months ended | Nine months ended | |||||||||||||||||||||||||||||||
September 30, | September 30, | |||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||
Credit adjustments: | ||||||||||||||||||||||||||||||||
Derivative CVA(a) | $ | 364 | $ | 1,213 | $ | 1,245 | $ | 2,264 | ||||||||||||||||||||||||
Derivative DVA | (66 | ) | (219 | ) | 33 | (318 | ) | |||||||||||||||||||||||||
Structured note DVA(b) | (331 | ) | 8 | 51 | (45 | ) | ||||||||||||||||||||||||||
(a) | Derivatives CVA, gross of hedges, includes results managed by the credit portfolio and other lines of business within the CIB. | |||||||||||||||||||||||||||||||
(b) | Structured notes are measured at fair value based on the Firm’s election under the fair value option. For further information on these elections, see Note 4 on pages 130–132 of this Form 10-Q. | |||||||||||||||||||||||||||||||
Assets and liabilities measured at fair value on a nonrecurring basis | ||||||||||||||||||||||||||||||||
At September 30, 2013, assets measured at fair value on a nonrecurring basis were $2.2 billion and predominantly consisted of loans that had fair value adjustments in the first nine months of 2013. At December 31, 2012, assets measured at fair value on a nonrecurring basis were $5.1 billion, comprised predominantly of loans that had fair value adjustments in the twelve months of 2012. At September 30, 2013, $161 million and $2.0 billion of these assets were classified in levels 2 and 3 of the fair value hierarchy, respectively. At December 31, 2012, $667 million and $4.4 billion of these assets were classified in levels 2 and 3 of the fair value hierarchy, respectively. Liabilities measured at fair value on a nonrecurring basis were not significant at September 30, 2013, and December 31, 2012. For the three and nine months ended September 30, 2013 and 2012, there were no significant transfers between levels 1, 2, and 3. | ||||||||||||||||||||||||||||||||
Of the $2.2 billion of assets measured at fair value on a nonrecurring basis, $1.5 billion related to residential real estate loans measured at the net realizable value of the underlying collateral (i.e., collateral-dependent loans and other loans charged off in accordance with regulatory guidance). These amounts are classified as level 3, as they are valued using a broker’s price opinion and discounted based upon the Firm’s experience with actual liquidation values. These discounts to the broker price opinions ranged from 18% to 59%, with a weighted average of 29%. | ||||||||||||||||||||||||||||||||
The total change in the recorded value of assets and liabilities for which a fair value adjustment has been included in the Consolidated Statements of Income for the three months ended September 30, 2013 and 2012, related to financial instruments held at those dates, was a reduction of $215 million and $1.1 billion, respectively; and for the nine months ended September 30, 2013 and 2012, were losses of $600 million and $1.9 billion, these reductions in recorded value were predominantly associated with loans. | ||||||||||||||||||||||||||||||||
For information about the measurement of impaired collateral-dependent loans, and other loans where the carrying value is based on the fair value of the underlying collateral (e.g., residential mortgage loans charged off in accordance with regulatory guidance), see Note 14 on pages 250–275 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||||||
Additional disclosures about the fair value of financial instruments that are not carried on the Consolidated Balance Sheets at fair value | ||||||||||||||||||||||||||||||||
The following table presents the carrying values and estimated fair values at September 30, 2013, and December 31, 2012, of financial assets and liabilities, excluding financial instruments which are carried at fair value on a recurring basis, and information is provided on their classification within the fair value hierarchy. For additional information regarding the financial instruments within the scope of this disclosure, and the methods and significant assumptions used to estimate their fair value, see Note 3 on pages 196–214 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||||||
September 30, 2013 | 31-Dec-12 | |||||||||||||||||||||||||||||||
Estimated fair value hierarchy | Estimated fair value hierarchy | |||||||||||||||||||||||||||||||
(in billions) | Carrying | Level 1 | Level 2 | Level 3 | Total estimated | Carrying | Level 1 | Level 2 | Level 3 | Total estimated | ||||||||||||||||||||||
value | fair value | value | fair value | |||||||||||||||||||||||||||||
Financial assets | ||||||||||||||||||||||||||||||||
Cash and due from banks | $ | 30.7 | $ | 30.7 | $ | — | $ | — | $ | 30.7 | $ | 53.7 | $ | 53.7 | $ | — | $ | — | $ | 53.7 | ||||||||||||
Deposits with banks | 371.4 | 364.1 | 7.3 | — | 371.4 | 121.8 | 114.1 | 7.7 | — | 121.8 | ||||||||||||||||||||||
Accrued interest and accounts receivable | 66.3 | — | 66 | 0.3 | 66.3 | 60.9 | — | 60.3 | 0.6 | 60.9 | ||||||||||||||||||||||
Federal funds sold and securities purchased under resale agreements | 210.2 | — | 210.2 | — | 210.2 | 272 | — | 272 | — | 272 | ||||||||||||||||||||||
Securities borrowed | 117 | — | 117 | — | 117 | 108.8 | — | 108.8 | — | 108.8 | ||||||||||||||||||||||
Securities, held-to-maturity(a) | 4.5 | — | 4.6 | — | 4.6 | — | — | — | — | — | ||||||||||||||||||||||
Loans, net of allowance for loan losses(b) | 709 | — | 19 | 691.6 | 710.6 | 709.3 | — | 26.4 | 685.4 | 711.8 | ||||||||||||||||||||||
Other | 55.6 | — | 51.8 | 4.6 | 56.4 | 49.7 | — | 42.7 | 7.4 | 50.1 | ||||||||||||||||||||||
Financial liabilities | ||||||||||||||||||||||||||||||||
Deposits | $ | 1,274.30 | $ | — | $ | 1,273.40 | $ | 1.2 | $ | 1,274.60 | $ | 1,187.90 | $ | — | $ | 1,187.20 | $ | 1.2 | $ | 1,188.40 | ||||||||||||
Federal funds purchased and securities loaned or sold under repurchase agreements | 212.7 | — | 212.7 | — | 212.7 | 235.7 | — | 235.7 | — | 235.7 | ||||||||||||||||||||||
Commercial paper | 53.7 | — | 53.7 | — | 53.7 | 55.4 | — | 55.4 | — | 55.4 | ||||||||||||||||||||||
Other borrowed funds | 17.8 | — | 17.8 | — | 17.8 | 15 | — | 15 | — | 15 | ||||||||||||||||||||||
Accounts payable and other liabilities | 169.3 | — | 167.7 | 1.5 | 169.2 | 156.5 | — | 153.8 | 2.5 | 156.3 | ||||||||||||||||||||||
Beneficial interests issued by consolidated VIEs | 47 | — | 43.6 | 3.3 | 46.9 | 62 | — | 57.7 | 4.4 | 62.1 | ||||||||||||||||||||||
Long-term debt and junior subordinated deferrable interest debentures(c) | 233.6 | — | 234.7 | 5.8 | 240.5 | 218.2 | — | 220 | 5.4 | 225.4 | ||||||||||||||||||||||
(a) | Carrying value includes unamortized discount or premium. | |||||||||||||||||||||||||||||||
(b) | Fair value is typically estimated using a discounted cash flow model that incorporates the characteristics of the underlying loans (including principal, contractual interest rate and contractual fees) and other key inputs, including expected lifetime credit losses, interest rates, prepayment rates, and primary origination or secondary market spreads. For certain loans, the fair value is measured based on the value of the underlying collateral. The difference between the estimated fair value and carrying value of a financial asset or liability is the result of the different methodologies used to determine fair value as compared with carrying value. For example, credit losses are estimated for a financial asset’s remaining life in a fair value calculation but are estimated for a loss emergence period in the allowance for loan loss calculation; future loan income (interest and fees) is incorporated in a fair value calculation but is generally not considered in the allowance for loan losses. For a further discussion of the Firm’s methodologies for estimating the fair value of loans and lending-related commitments, see pages 196–214 of JPMorgan Chase’s 2012 Annual Report and pages 116–130 of this Note. | |||||||||||||||||||||||||||||||
(c) | Carrying value includes unamortized original issue discount and other valuation adjustments. | |||||||||||||||||||||||||||||||
The majority of the Firm’s lending-related commitments are not carried at fair value on a recurring basis on the Consolidated Balance Sheets, nor are they actively traded. The carrying value and estimated fair value of the Firm’s wholesale lending-related commitments were as follows for the periods indicated. | ||||||||||||||||||||||||||||||||
September 30, 2013 | 31-Dec-12 | |||||||||||||||||||||||||||||||
Estimated fair value hierarchy | Estimated fair value hierarchy | |||||||||||||||||||||||||||||||
(in billions) | Carrying value(a) | Level 1 | Level 2 | Level 3 | Total estimated fair value | Carrying value(a) | Level 1 | Level 2 | Level 3 | Total estimated fair value | ||||||||||||||||||||||
Wholesale lending-related commitments | $ | 0.7 | $ | — | $ | — | $ | 1.3 | $ | 1.3 | $ | 0.7 | $ | — | $ | — | $ | 1.9 | $ | 1.9 | ||||||||||||
(a) | Represents the allowance for wholesale lending-related commitments. Excludes the current carrying values of the guarantee liability and the offsetting asset, each of which are recognized at fair value at the inception of guarantees. | |||||||||||||||||||||||||||||||
The Firm does not estimate the fair value of consumer lending-related commitments. In many cases, the Firm can reduce or cancel these commitments by providing the borrower notice or, in some cases, without notice as permitted by law. For a further discussion of the valuation of lending-related commitments, see page 198 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||||||
Trading assets and liabilities – average balances | ||||||||||||||||||||||||||||||||
Average trading assets and liabilities were as follows for the periods indicated. | ||||||||||||||||||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | |||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||
Trading assets – debt and equity instruments | $ | 315,575 | $ | 331,399 | $ | 347,649 | $ | 344,433 | ||||||||||||||||||||||||
Trading assets – derivative receivables | 71,657 | 85,303 | 73,950 | 88,353 | ||||||||||||||||||||||||||||
Trading liabilities – debt and equity instruments(a) | 83,306 | 68,467 | 76,541 | 69,069 | ||||||||||||||||||||||||||||
Trading liabilities – derivative payables | 63,378 | 77,851 | 66,083 | 77,543 | ||||||||||||||||||||||||||||
(a) | Primarily represent securities sold, not yet purchased. |
Fair_Value_Option
Fair Value Option | 9 Months Ended | |||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||
Fair Value Option [Abstract] | ' | |||||||||||||||||||||||||
FAIR VALUE OPTION | ' | |||||||||||||||||||||||||
Fair value option | ||||||||||||||||||||||||||
For a discussion of the primary financial instruments for which the fair value option was previously elected, including the basis for those elections and the determination of instrument-specific credit risk, where relevant, see Note 4 on pages 214–216 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||
Changes in fair value under the fair value option election | ||||||||||||||||||||||||||
The following table presents the changes in fair value included in the Consolidated Statements of Income for the three and nine months ended September 30, 2013 and 2012, for items for which the fair value option was elected. The profit and loss information presented below only includes the financial instruments that were elected to be measured at fair value; related risk management instruments, which are required to be measured at fair value, are not included in the table. | ||||||||||||||||||||||||||
Three months ended September 30, | ||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||
(in millions) | Principal transactions | Other income | Total changes in fair value recorded | Principal transactions | Other income | Total changes in fair value recorded | ||||||||||||||||||||
Federal funds sold and securities purchased under resale agreements | $ | 11 | $ | — | $ | 11 | $ | 72 | $ | — | $ | 72 | ||||||||||||||
Securities borrowed | (7 | ) | — | (7 | ) | 10 | — | 10 | ||||||||||||||||||
Trading assets: | ||||||||||||||||||||||||||
Debt and equity instruments, excluding loans | 138 | — | 138 | 157 | 2 | (c) | 159 | |||||||||||||||||||
Loans reported as trading assets: | ||||||||||||||||||||||||||
Changes in instrument-specific credit risk | 316 | (15 | ) | (c) | 301 | 416 | 22 | (c) | 438 | |||||||||||||||||
Other changes in fair value | (19 | ) | 282 | (c) | 263 | 46 | 2,284 | (c) | 2,330 | |||||||||||||||||
Loans: | ||||||||||||||||||||||||||
Changes in instrument-specific credit risk | 22 | — | 22 | 4 | — | 4 | ||||||||||||||||||||
Other changes in fair value | (10 | ) | — | (10 | ) | 99 | — | 99 | ||||||||||||||||||
Other assets | 6 | (42 | ) | (d) | (36 | ) | 2 | (28 | ) | (d) | (26 | ) | ||||||||||||||
Deposits(a) | (150 | ) | — | (150 | ) | (95 | ) | — | (95 | ) | ||||||||||||||||
Federal funds purchased and securities loaned or sold under repurchase agreements | 8 | — | 8 | (16 | ) | — | (16 | ) | ||||||||||||||||||
Other borrowed funds(a) | (112 | ) | — | (112 | ) | (454 | ) | — | (454 | ) | ||||||||||||||||
Trading liabilities | (9 | ) | — | (9 | ) | (35 | ) | — | (35 | ) | ||||||||||||||||
Beneficial interests issued by consolidated VIEs | (85 | ) | — | (85 | ) | (9 | ) | — | (9 | ) | ||||||||||||||||
Other liabilities | — | — | — | — | — | — | ||||||||||||||||||||
Long-term debt: | ||||||||||||||||||||||||||
Changes in instrument-specific credit risk(a) | (163 | ) | — | (163 | ) | (166 | ) | — | (166 | ) | ||||||||||||||||
Other changes in fair value(b) | 502 | — | 502 | (565 | ) | — | (565 | ) | ||||||||||||||||||
Nine months ended September 30, | ||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||
(in millions) | Principal transactions | Other income | Total changes in fair value recorded | Principal transactions | Other income | Total changes in fair value recorded | ||||||||||||||||||||
Federal funds sold and securities purchased under resale agreements | $ | (347 | ) | $ | — | $ | (347 | ) | $ | 245 | $ | — | $ | 245 | ||||||||||||
Securities borrowed | 11 | — | 11 | 24 | — | 24 | ||||||||||||||||||||
Trading assets: | ||||||||||||||||||||||||||
Debt and equity instruments, excluding loans | 380 | 7 | (c) | 387 | 495 | 5 | (c) | 500 | ||||||||||||||||||
Loans reported as trading assets: | ||||||||||||||||||||||||||
Changes in instrument-specific credit risk | 855 | 23 | (c) | 878 | 1,225 | 51 | (c) | 1,276 | ||||||||||||||||||
Other changes in fair value | (97 | ) | 1,487 | (c) | 1,390 | (128 | ) | 5,643 | (c) | 5,515 | ||||||||||||||||
Loans: | ||||||||||||||||||||||||||
Changes in instrument-specific credit risk | 16 | — | 16 | (10 | ) | — | (10 | ) | ||||||||||||||||||
Other changes in fair value | 11 | — | 11 | 674 | — | 674 | ||||||||||||||||||||
Other assets | 27 | (131 | ) | (d) | (104 | ) | 2 | (291 | ) | (d) | (289 | ) | ||||||||||||||
Deposits(a) | 147 | — | 147 | (256 | ) | — | (256 | ) | ||||||||||||||||||
Federal funds purchased and securities loaned or sold under repurchase agreements | 53 | — | 53 | (43 | ) | — | (43 | ) | ||||||||||||||||||
Other borrowed funds(a) | 268 | — | 268 | 393 | — | 393 | ||||||||||||||||||||
Trading liabilities | (41 | ) | — | (41 | ) | (23 | ) | — | (23 | ) | ||||||||||||||||
Beneficial interests issued by consolidated VIEs | (182 | ) | — | (182 | ) | (39 | ) | — | (39 | ) | ||||||||||||||||
Other liabilities | — | (1 | ) | (d) | (1 | ) | — | — | — | |||||||||||||||||
Long-term debt: | ||||||||||||||||||||||||||
Changes in instrument-specific credit risk(a) | 29 | — | 29 | (670 | ) | — | (670 | ) | ||||||||||||||||||
Other changes in fair value(b) | 1,471 | — | 1,471 | (957 | ) | — | (957 | ) | ||||||||||||||||||
(a) | Total changes in instrument-specific credit risk related to structured notes were $(331) million and $8 million for the three months ended September 30, 2013 and 2012, and $51 million and $(45) million for the nine months ended September 30, 2013 and 2012, respectively. These totals include adjustments for structured notes classified within deposits and other borrowed funds, as well as long-term debt. | |||||||||||||||||||||||||
(b) | Structured notes are predominantly financial instruments containing embedded derivatives. Where present, the embedded derivative is the primary driver of risk. Although the risk associated with the structured notes is actively managed, the gains/(losses) reported in this table do not include the income statement impact of the risk management instruments used to manage such risk. | |||||||||||||||||||||||||
(c) | Reported in mortgage fees and related income. | |||||||||||||||||||||||||
(d) | Reported in other income. | |||||||||||||||||||||||||
Difference between aggregate fair value and aggregate remaining contractual principal balance outstanding | ||||||||||||||||||||||||||
The following table reflects the difference between the aggregate fair value and the aggregate remaining contractual principal balance outstanding as of September 30, 2013, and December 31, 2012, for loans, long-term debt and long-term beneficial interests for which the fair value option has been elected. | ||||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||||
(in millions) | Contractual principal outstanding | Fair value | Fair value over/(under) contractual principal outstanding | Contractual principal outstanding | Fair value | Fair value over/(under) contractual principal outstanding | ||||||||||||||||||||
Loans(a) | ||||||||||||||||||||||||||
Nonaccrual loans | ||||||||||||||||||||||||||
Loans reported as trading assets | $ | 5,007 | $ | 1,267 | $ | (3,740 | ) | $ | 4,217 | $ | 960 | $ | (3,257 | ) | ||||||||||||
Loans | 90 | 46 | (44 | ) | 116 | 64 | (52 | ) | ||||||||||||||||||
Subtotal | 5,097 | 1,313 | (3,784 | ) | 4,333 | 1,024 | (3,309 | ) | ||||||||||||||||||
All other performing loans | ||||||||||||||||||||||||||
Loans reported as trading assets | 37,088 | 33,697 | (3,391 | ) | 44,084 | 40,581 | (3,503 | ) | ||||||||||||||||||
Loans | 1,802 | 1,715 | (87 | ) | 2,211 | 2,099 | (112 | ) | ||||||||||||||||||
Total loans | $ | 43,987 | $ | 36,725 | $ | (7,262 | ) | $ | 50,628 | $ | 43,704 | $ | (6,924 | ) | ||||||||||||
Long-term debt | ||||||||||||||||||||||||||
Principal-protected debt | $ | 16,076 | (c) | $ | 16,499 | $ | 423 | $ | 16,541 | (c) | $ | 16,391 | $ | (150 | ) | |||||||||||
Nonprincipal-protected debt(b) | NA | 13,264 | NA | NA | 14,397 | NA | ||||||||||||||||||||
Total long-term debt | NA | $ | 29,763 | NA | NA | $ | 30,788 | NA | ||||||||||||||||||
Long-term beneficial interests | ||||||||||||||||||||||||||
Nonprincipal-protected debt(b) | NA | $ | 1,822 | NA | NA | $ | 1,170 | NA | ||||||||||||||||||
Total long-term beneficial interests | NA | $ | 1,822 | NA | NA | $ | 1,170 | NA | ||||||||||||||||||
(a) | There were no performing loans which were ninety days or more past due as of September 30, 2013, and December 31, 2012. | |||||||||||||||||||||||||
(b) | Remaining contractual principal is not applicable to nonprincipal-protected notes. Unlike principal-protected structured notes, for which the Firm is obligated to return a stated amount of principal at the maturity of the note, nonprincipal-protected structured notes do not obligate the Firm to return a stated amount of principal at maturity, but to return an amount based on the performance of an underlying variable or derivative feature embedded in the note. | |||||||||||||||||||||||||
(c) | Where the Firm issues principal-protected zero-coupon or discount notes, the balance reflected as the remaining contractual principal is the final principal payment at maturity. | |||||||||||||||||||||||||
At September 30, 2013, and December 31, 2012, the contractual amount of letters of credit for which the fair value option was elected was $4.6 billion and $4.5 billion, respectively, with a corresponding fair value of $(103) million and $(75) million, respectively. For further information regarding off-balance sheet lending-related financial instruments, see Note 29 on pages 308–315 of JPMorgan Chase’s 2012 Annual Report, and Note 21 on pages 195–199 of this Form 10-Q. | ||||||||||||||||||||||||||
Structured note products by balance sheet classification and risk component | ||||||||||||||||||||||||||
The table below presents the fair value of the structured notes issued by the Firm, by balance sheet classification and the primary risk to which the structured notes’ embedded derivative relates. | ||||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||||
(in millions) | Long-term debt | Other borrowed funds | Deposits | Total | Long-term debt | Other borrowed funds | Deposits | Total | ||||||||||||||||||
Risk exposure | ||||||||||||||||||||||||||
Interest rate | $ | 9,735 | $ | 160 | $ | 1,407 | $ | 11,302 | $ | 8,669 | $ | 1,143 | $ | 559 | $ | 10,371 | ||||||||||
Credit | 4,479 | 18 | — | 4,497 | 6,166 | — | — | 6,166 | ||||||||||||||||||
Foreign exchange | 2,467 | 140 | 22 | 2,629 | 2,819 | — | 29 | 2,848 | ||||||||||||||||||
Equity | 11,744 | 11,524 | 3,756 | 27,024 | 11,580 | 9,809 | 2,972 | 24,361 | ||||||||||||||||||
Commodity | 1,203 | 355 | 1,597 | 3,155 | 1,379 | 332 | 1,555 | 3,266 | ||||||||||||||||||
Total structured notes | $ | 29,628 | $ | 12,197 | $ | 6,782 | $ | 48,607 | $ | 30,613 | $ | 11,284 | $ | 5,115 | $ | 47,012 | ||||||||||
Derivative_Instruments
Derivative Instruments | 9 Months Ended | |||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||
Derivative Instruments and Hedging Activities Disclosure [Abstract] | ' | |||||||||||||||||||||||||
DERIVATIVE INSTRUMENTS | ' | |||||||||||||||||||||||||
Derivative instruments | ||||||||||||||||||||||||||
JPMorgan Chase makes markets in derivatives for customers and also uses derivatives to hedge or manage its own risk exposures. For a further discussion of the Firm’s use of and accounting policies regarding derivative instruments, see Note 6 on pages 218–227 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||
The Firm’s disclosures are based on the accounting treatment and purpose of these derivatives. A limited number of the Firm’s derivatives are designated in hedge accounting relationships and are disclosed according to the type of hedge (fair value hedge, cash flow hedge, or net investment hedge). Derivatives not designated in hedge accounting relationships include certain derivatives that are used to manage certain risks associated with specified assets or liabilities (“specified risk management” positions) as well as derivatives used in the Firm’s market-making businesses or for other purposes. | ||||||||||||||||||||||||||
The following table outlines the Firm’s primary uses of derivatives and the related hedge accounting designation or disclosure category. | ||||||||||||||||||||||||||
Type of Derivative | Use of Derivative | Designation and disclosure | Affected | 10-Q page reference | ||||||||||||||||||||||
segment or unit | ||||||||||||||||||||||||||
Manage specifically identified risk exposures in qualifying hedge accounting relationships: | ||||||||||||||||||||||||||
◦ Interest rate | Hedge fixed rate assets and liabilities | Fair value hedge | Corporate/PE | 139–140 | ||||||||||||||||||||||
◦ Interest rate | Hedge floating rate assets and liabilities | Cash flow hedge | Corporate/PE | 141 | ||||||||||||||||||||||
◦ Foreign exchange | Hedge foreign currency-denominated assets and liabilities | Fair value hedge | Corporate/PE | 139–140 | ||||||||||||||||||||||
◦ Foreign exchange | Hedge forecasted revenue and expense | Cash flow hedge | Corporate/PE | 141 | ||||||||||||||||||||||
◦ Foreign exchange | Hedge the value of the Firm’s investments in non-U.S. subsidiaries | Net investment hedge | Corporate/PE | 142 | ||||||||||||||||||||||
◦ Commodity | Hedge commodity inventory | Fair value hedge | CIB | 139–140 | ||||||||||||||||||||||
Manage specifically identified risk exposures not designated in qualifying hedge accounting relationships: | ||||||||||||||||||||||||||
◦ Interest rate | Manage the risk of the mortgage pipeline, warehouse loans and MSRs | Specified risk management | CCB | 142 | ||||||||||||||||||||||
◦ Credit | Manage the credit risk of wholesale lending exposures | Specified risk management | CIB | 142 | ||||||||||||||||||||||
◦ Credit(a) | Manage the credit risk of certain AFS securities | Specified risk management | Corporate/PE | 142 | ||||||||||||||||||||||
◦ Commodity | Manage the risk of certain commodities-related contracts and investments | Specified risk management | CIB | 142 | ||||||||||||||||||||||
◦ Interest rate and foreign exchange | Manage the risk of certain other specified assets and liabilities | Specified risk management | Corporate/PE | 142 | ||||||||||||||||||||||
Market-making derivatives and other activities: | ||||||||||||||||||||||||||
◦ Various | Market-making and related risk management | Market-making and other | CIB | 142 | ||||||||||||||||||||||
◦ Various(b) | Other derivatives, including the synthetic credit portfolio | Market-making and other | CIB, Corporate/PE | 142 | ||||||||||||||||||||||
(a) | Includes a limited number of single-name credit derivatives used to mitigate the credit risk arising from specified AFS securities. | |||||||||||||||||||||||||
(b) | The synthetic credit portfolio is a portfolio of index credit derivatives, including short and long positions, that was held by CIO. On July 2, 2012, CIO transferred the synthetic credit portfolio, other than a portion that aggregated to a notional amount of approximately $12 billion, to CIB. The positions making up the portion of the synthetic credit portfolio retained by CIO on July 2, 2012, were effectively closed out during the third quarter of 2012. The results of the synthetic credit portfolio, including the portion transferred to CIB, have been included in the gains and losses on derivatives related to market-making activities and other derivatives category on page 142 of this Note. | |||||||||||||||||||||||||
Notional amount of derivative contracts | ||||||||||||||||||||||||||
The following table summarizes the notional amount of derivative contracts outstanding as of September 30, 2013, and December 31, 2012. | ||||||||||||||||||||||||||
Notional amounts(c) | ||||||||||||||||||||||||||
(in billions) | September 30, | 31-Dec-12 | ||||||||||||||||||||||||
2013 | ||||||||||||||||||||||||||
Interest rate contracts | ||||||||||||||||||||||||||
Swaps(a) | $ | 36,411 | $ | 33,129 | ||||||||||||||||||||||
Futures and forwards | 12,124 | 11,824 | ||||||||||||||||||||||||
Written options | 4,164 | 3,866 | ||||||||||||||||||||||||
Purchased options | 4,281 | 3,911 | ||||||||||||||||||||||||
Total interest rate contracts | 56,980 | 52,730 | ||||||||||||||||||||||||
Credit derivatives(b) | 5,944 | 5,981 | ||||||||||||||||||||||||
Foreign exchange contracts | ||||||||||||||||||||||||||
Cross-currency swaps(a) | 3,544 | 3,409 | ||||||||||||||||||||||||
Spot, futures and forwards | 3,956 | 4,033 | ||||||||||||||||||||||||
Written options | 733 | 651 | ||||||||||||||||||||||||
Purchased options | 726 | 661 | ||||||||||||||||||||||||
Total foreign exchange contracts | 8,959 | 8,754 | ||||||||||||||||||||||||
Equity contracts | ||||||||||||||||||||||||||
Swaps | 204 | 163 | ||||||||||||||||||||||||
Futures and forwards | 45 | 49 | ||||||||||||||||||||||||
Written options | 414 | 442 | ||||||||||||||||||||||||
Purchased options | 462 | 403 | ||||||||||||||||||||||||
Total equity contracts | 1,125 | 1,057 | ||||||||||||||||||||||||
Commodity contracts | ||||||||||||||||||||||||||
Swaps(a) | 256 | 312 | ||||||||||||||||||||||||
Spot, futures and forwards | 133 | 190 | ||||||||||||||||||||||||
Written options(a) | 239 | 262 | ||||||||||||||||||||||||
Purchased options | 226 | 260 | ||||||||||||||||||||||||
Total commodity contracts | 854 | 1,024 | ||||||||||||||||||||||||
Total derivative notional amounts | $ | 73,862 | $ | 69,546 | ||||||||||||||||||||||
(a) | The prior period amounts have been revised. This revision had no impact on the Firm’s Consolidated Balance Sheets or its results of operations. | |||||||||||||||||||||||||
(b) | Primarily consists of credit default swaps. For more information on volumes and types of credit derivative contracts, see the Credit derivatives discussion on pages 143–144 of this Note. | |||||||||||||||||||||||||
(c) | Represents the sum of gross long and gross short third-party notional derivative contracts. | |||||||||||||||||||||||||
While the notional amounts disclosed above give an indication of the volume of the Firm’s derivatives activity, the notional amounts significantly exceed, in the Firm’s view, the possible losses that could arise from such transactions. For most derivative transactions, the notional amount is not exchanged; it is used simply as a reference to calculate payments. | ||||||||||||||||||||||||||
Impact of derivatives on the Consolidated Balance Sheets | ||||||||||||||||||||||||||
The following table summarizes information on derivative receivables and payables (before and after netting adjustments) that are reflected on the Firm’s Consolidated Balance Sheets as of September 30, 2013, and December 31, 2012, by accounting designation (e.g., whether the derivatives were designated in qualifying hedge accounting relationships or not) and contract type. | ||||||||||||||||||||||||||
Derivative receivables and payables(a) | ||||||||||||||||||||||||||
Gross derivative receivables | Gross derivative payables | |||||||||||||||||||||||||
30-Sep-13 | Not designated as hedges | Designated as hedges | Total derivative receivables | Net derivative receivables(c) | Not designated as hedges | Designated | Total derivative payables | Net derivative payables(c) | ||||||||||||||||||
(in millions) | as hedges | |||||||||||||||||||||||||
Trading assets and liabilities | ||||||||||||||||||||||||||
Interest rate | $ | 928,832 | $ | 3,590 | $ | 932,422 | $ | 29,346 | $ | 895,512 | $ | 4,168 | $ | 899,680 | $ | 16,393 | ||||||||||
Credit | 85,875 | — | 85,875 | 2,102 | 84,512 | — | 84,512 | 2,533 | ||||||||||||||||||
Foreign exchange | 167,365 | 1,020 | 168,385 | 13,505 | 181,906 | 2,052 | 183,958 | 16,869 | ||||||||||||||||||
Equity | 54,992 | — | 54,992 | 12,951 | 58,899 | — | 58,899 | 15,811 | ||||||||||||||||||
Commodity | 38,018 | 1,410 | 39,428 | 8,884 | 40,780 | 34 | 40,814 | 9,179 | ||||||||||||||||||
Total fair value of trading assets and liabilities | $ | 1,275,082 | $ | 6,020 | $ | 1,281,102 | $ | 66,788 | $ | 1,261,609 | $ | 6,254 | $ | 1,267,863 | $ | 60,785 | ||||||||||
Gross derivative receivables | Gross derivative payables | |||||||||||||||||||||||||
31-Dec-12 | Not designated as hedges | Designated as hedges | Total derivative receivables | Net derivative receivables(c) | Not designated as hedges | Designated | Total derivative payables | Net derivative payables(c) | ||||||||||||||||||
(in millions) | as hedges | |||||||||||||||||||||||||
Trading assets and liabilities | ||||||||||||||||||||||||||
Interest rate(b) | $ | 1,296,503 | $ | 6,064 | $ | 1,302,567 | $ | 39,205 | $ | 1,257,599 | $ | 3,120 | $ | 1,260,719 | $ | 24,906 | ||||||||||
Credit | 100,310 | — | 100,310 | 1,735 | 100,027 | — | 100,027 | 2,504 | ||||||||||||||||||
Foreign exchange(b) | 173,363 | 1,577 | 174,940 | 14,142 | 186,404 | 2,133 | 188,537 | 18,601 | ||||||||||||||||||
Equity(b) | 42,662 | — | 42,662 | 9,266 | 44,534 | — | 44,534 | 11,819 | ||||||||||||||||||
Commodity(b) | 43,216 | 586 | 43,802 | 10,635 | 46,998 | 644 | 47,642 | 12,826 | ||||||||||||||||||
Total fair value of trading assets and liabilities | $ | 1,656,054 | $ | 8,227 | $ | 1,664,281 | $ | 74,983 | $ | 1,635,562 | $ | 5,897 | $ | 1,641,459 | $ | 70,656 | ||||||||||
(a) | Balances exclude structured notes for which the fair value option has been elected. See Note 4 on pages 130–132 of this Form 10-Q for further information. | |||||||||||||||||||||||||
(b) | The prior period amounts have been revised. This revision had no impact on the Firm’s Consolidated Balance Sheets or its results of operations. | |||||||||||||||||||||||||
(c) | As permitted under U.S. GAAP, the Firm has elected to net derivative receivables and derivative payables and the related cash collateral receivables and payables when a legally enforceable master netting agreement exists. | |||||||||||||||||||||||||
The following table presents, as of September 30, 2013, and December 31, 2012, the gross and net derivative receivables by contract and settlement type. Derivative receivables have been netted on the Consolidated Balance Sheets against derivative payables to the same counterparty with respect to derivative contracts for which the Firm has obtained an appropriate legal opinion with respect to the master netting agreement. Where such a legal opinion has not been either sought or obtained, the receivables are not eligible under U.S. GAAP for netting against related derivative payables on the Consolidated Balance Sheets, and are shown separately in the table below. | ||||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | |||||||||||||||||||||||||
(in millions) | Gross derivative receivables | Amounts netted on the Consolidated balance sheets | Net derivative receivables | Gross derivative receivables | Amounts netted on the Consolidated balance sheets | Net derivative receivables | ||||||||||||||||||||
U.S. GAAP nettable derivative receivables | ||||||||||||||||||||||||||
Interest rate contracts: | ||||||||||||||||||||||||||
Over–the–counter (“OTC”)(a) | $ | 548,471 | $ | (525,669 | ) | $ | 22,802 | $ | 794,517 | $ | (771,684 | ) | $ | 22,833 | ||||||||||||
OTC–cleared | 377,429 | (377,407 | ) | 22 | 491,947 | (491,678 | ) | 269 | ||||||||||||||||||
Exchange traded(b) | — | — | — | — | — | — | ||||||||||||||||||||
Total interest rate contracts | 925,900 | (903,076 | ) | 22,824 | 1,286,464 | (1,263,362 | ) | 23,102 | ||||||||||||||||||
Credit contracts: | ||||||||||||||||||||||||||
OTC | 72,837 | (71,697 | ) | 1,140 | 90,744 | (90,104 | ) | 640 | ||||||||||||||||||
OTC–cleared | 12,310 | (12,076 | ) | 234 | 8,471 | (8,471 | ) | — | ||||||||||||||||||
Total credit contracts | 85,147 | (83,773 | ) | 1,374 | 99,215 | (98,575 | ) | 640 | ||||||||||||||||||
Foreign exchange contracts: | ||||||||||||||||||||||||||
OTC(a) | 163,943 | (154,792 | ) | 9,151 | 168,740 | (160,775 | ) | 7,965 | ||||||||||||||||||
OTC–cleared | 88 | (88 | ) | — | 23 | (23 | ) | — | ||||||||||||||||||
Exchange traded(b) | — | — | — | — | — | — | ||||||||||||||||||||
Total foreign exchange contracts | 164,031 | (154,880 | ) | 9,151 | 168,763 | (160,798 | ) | 7,965 | ||||||||||||||||||
Equity contracts: | ||||||||||||||||||||||||||
OTC | 33,122 | (29,552 | ) | 3,570 | 26,008 | (24,628 | ) | 1,380 | ||||||||||||||||||
OTC–cleared | — | — | — | — | — | — | ||||||||||||||||||||
Exchange traded(b) | 20,602 | (12,489 | ) | 8,113 | 12,841 | (8,768 | ) | 4,073 | ||||||||||||||||||
Total equity contracts | 53,724 | (42,041 | ) | 11,683 | 38,849 | (33,396 | ) | 5,453 | ||||||||||||||||||
Commodity contracts: | ||||||||||||||||||||||||||
OTC(a) | 21,532 | (15,505 | ) | 6,027 | 26,881 | (20,760 | ) | 6,121 | ||||||||||||||||||
OTC–cleared | — | — | — | — | — | — | ||||||||||||||||||||
Exchange traded(b) | 16,670 | (15,039 | ) | 1,631 | 15,108 | (12,407 | ) | 2,701 | ||||||||||||||||||
Total commodity contracts | 38,202 | (30,544 | ) | 7,658 | 41,989 | (33,167 | ) | 8,822 | ||||||||||||||||||
Derivative receivables with appropriate legal opinion | $ | 1,267,004 | $ | (1,214,314 | ) | (c) | $ | 52,690 | $ | 1,635,280 | $ | (1,589,298 | ) | (c) | $ | 45,982 | ||||||||||
Derivative receivables where an appropriate legal opinion has not been either sought or obtained | 14,098 | 14,098 | 29,001 | 29,001 | ||||||||||||||||||||||
Total derivative receivables recognized on the Consolidated Balance Sheets | $ | 1,281,102 | $ | 66,788 | $ | 1,664,281 | $ | 74,983 | ||||||||||||||||||
(a) | The prior period amounts have been revised. This revision had no impact on the Firm’s Consolidated Balance Sheets or its results of operations. | |||||||||||||||||||||||||
(b) | Exchange traded derivative amounts that relate to futures contracts are settled daily. | |||||||||||||||||||||||||
(c) | Included cash collateral netted of $63.1 billion and $79.2 billion at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||
The following table presents, as of September 30, 2013, and December 31, 2012, the gross and net derivative payables by contract and settlement type. Derivative payables have been netted on the Consolidated Balance Sheets against derivative receivables to the same counterparty with respect to derivative contracts for which the Firm has obtained an appropriate legal opinion with respect to the master netting agreement. Where such a legal opinion has not been either sought or obtained, the payables are not eligible under U.S. GAAP for netting against related derivative receivables on the Consolidated Balance Sheets, and are shown separately in the table below. | ||||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | |||||||||||||||||||||||||
(in millions) | Gross derivative payables | Amounts netted on the Consolidated balance sheets | Net derivative payables | Gross derivative payables | Amounts netted on the Consolidated balance sheets | Net derivative payables | ||||||||||||||||||||
U.S. GAAP nettable derivative payables | ||||||||||||||||||||||||||
Interest rate contracts: | ||||||||||||||||||||||||||
OTC(a) | $ | 529,210 | $ | (514,932 | ) | $ | 14,278 | $ | 774,769 | $ | (754,050 | ) | $ | 20,719 | ||||||||||||
OTC–cleared | 368,886 | (368,355 | ) | 531 | 482,018 | (481,763 | ) | 255 | ||||||||||||||||||
Exchange traded(b) | — | — | — | — | — | — | ||||||||||||||||||||
Total interest rate contracts | 898,096 | (883,287 | ) | 14,809 | 1,256,787 | (1,235,813 | ) | 20,974 | ||||||||||||||||||
Credit contracts: | ||||||||||||||||||||||||||
OTC | 71,339 | (69,751 | ) | 1,588 | 89,170 | (88,151 | ) | 1,019 | ||||||||||||||||||
OTC–cleared | 12,432 | (12,228 | ) | 204 | 9,372 | (9,372 | ) | — | ||||||||||||||||||
Total credit contracts | 83,771 | (81,979 | ) | 1,792 | 98,542 | (97,523 | ) | 1,019 | ||||||||||||||||||
Foreign exchange contracts: | ||||||||||||||||||||||||||
OTC(a) | 178,304 | (166,977 | ) | 11,327 | 181,166 | (169,913 | ) | 11,253 | ||||||||||||||||||
OTC–cleared | 113 | (112 | ) | 1 | 29 | (23 | ) | 6 | ||||||||||||||||||
Exchange traded(b) | — | — | — | — | — | — | ||||||||||||||||||||
Total foreign exchange contracts | 178,417 | (167,089 | ) | 11,328 | 181,195 | (169,936 | ) | 11,259 | ||||||||||||||||||
Equity contracts: | ||||||||||||||||||||||||||
OTC | 34,416 | (30,599 | ) | 3,817 | 28,320 | (23,948 | ) | 4,372 | ||||||||||||||||||
OTC–cleared | — | — | — | — | — | — | ||||||||||||||||||||
Exchange traded(b) | 19,623 | (12,489 | ) | 7,134 | 12,000 | (8,767 | ) | 3,233 | ||||||||||||||||||
Total equity contracts | 54,039 | (43,088 | ) | 10,951 | 40,320 | (32,715 | ) | 7,605 | ||||||||||||||||||
Commodity contracts: | ||||||||||||||||||||||||||
OTC(a) | 20,642 | (16,596 | ) | 4,046 | 28,761 | (22,409 | ) | 6,352 | ||||||||||||||||||
OTC–cleared | — | — | — | — | — | — | ||||||||||||||||||||
Exchange traded(b) | 16,397 | (15,039 | ) | 1,358 | 14,488 | (12,407 | ) | 2,081 | ||||||||||||||||||
Total commodity contracts | 37,039 | (31,635 | ) | 5,404 | 43,249 | (34,816 | ) | 8,433 | ||||||||||||||||||
Derivative payables with appropriate legal opinions | $ | 1,251,362 | $ | (1,207,078 | ) | (c) | $ | 44,284 | $ | 1,620,093 | $ | (1,570,803 | ) | (c) | $ | 49,290 | ||||||||||
Derivative payables where an appropriate legal opinion has not been either sought or obtained | 16,501 | 16,501 | 21,366 | 21,366 | ||||||||||||||||||||||
Total derivative payables recognized on the Consolidated Balance Sheets | $ | 1,267,863 | $ | 60,785 | $ | 1,641,459 | $ | 70,656 | ||||||||||||||||||
(a) | The prior period amounts have been revised. This revision had no impact on the Firm’s Consolidated Balance Sheets or its results of operations. | |||||||||||||||||||||||||
(b) | Exchange traded derivative balances that relate to futures contracts are settled daily. | |||||||||||||||||||||||||
(c) | Included cash collateral netted of $55.8 billion and $60.7 billion related to OTC and OTC-cleared derivatives at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||
In addition to the cash collateral received and transferred that is presented on a net basis with net derivative receivables and payables, the Firm receives and transfers additional collateral (financial instruments and cash). These amounts mitigate counterparty credit risk associated with the Firm’s derivative instruments but are not eligible for net presentation, because (a) the collateral is non-cash financial instruments (generally U.S. government and agency securities and other G7 government bonds), (b) the amount of collateral held or transferred exceeds the fair value exposure, at the individual counterparty level, as of the date presented, or (c) the collateral relates to derivative receivables or payables where an appropriate legal opinion has not been either sought or obtained. | ||||||||||||||||||||||||||
The following tables present information regarding certain non-cash financial instrument collateral received and transferred as of September 30, 2013, and December 31, 2012, that is not eligible for net presentation under U.S. GAAP. The collateral included in these tables relates only to the derivative instruments with appropriate legal opinions and excludes additional collateral that exceeds the fair value exposure and excludes all collateral related to derivative instruments where an appropriate legal opinion has not been either sought or obtained. | ||||||||||||||||||||||||||
Derivative receivable collateral | ||||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | |||||||||||||||||||||||||
(in millions) | Net derivative receivables | Collateral not nettable on the Consolidated balance sheets | Net exposure | Net derivative receivables | Collateral not nettable on the Consolidated balance sheets | Net exposure | ||||||||||||||||||||
Derivative receivables with appropriate legal opinions | $ | 52,690 | $ | (10,131 | ) | (a) | $ | 42,559 | $ | 45,982 | $ | (11,350 | ) | (a) | $ | 34,632 | ||||||||||
Derivative payable collateral(b) | ||||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | |||||||||||||||||||||||||
(in millions) | Net derivative payables | Collateral not nettable on the Consolidated balance sheets | Net amount(c) | Net derivative payables | Collateral not nettable on the Consolidated balance sheets | Net amount(c) | ||||||||||||||||||||
Derivative payables with appropriate legal opinions | $ | 44,284 | $ | (8,538 | ) | (a) | $ | 35,746 | $ | 49,290 | $ | (20,109 | ) | (a) | $ | 29,181 | ||||||||||
(a) | Represents liquid security collateral as well as cash collateral held at third party custodians. For some counterparties, the collateral amounts of financial instruments may exceed the derivative receivables and derivative payables balances. Where this is the case, the total amount reported is limited to the net derivative receivables and net derivative payables balances with that counterparty. | |||||||||||||||||||||||||
(b) | Derivative payable collateral relates only to OTC and OTC-cleared derivative instruments. Amounts exclude collateral transferred related to exchange-traded derivative instruments. | |||||||||||||||||||||||||
(c) | Net amount represents exposure of counterparties to the Firm. | |||||||||||||||||||||||||
Liquidity risk and credit-related contingent features | ||||||||||||||||||||||||||
For a more detailed discussion of liquidity risk and credit-related contingent features related to the Firm’s derivative contracts, see Note 6 on pages 218–227 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||
The following table shows the aggregate fair value of net derivative payables related to OTC and OTC-cleared derivatives that contain contingent collateral or termination features that may be triggered upon a ratings downgrade, and the associated collateral the Firm has posted in the normal course of business, at September 30, 2013, and December 31, 2012. | ||||||||||||||||||||||||||
OTC and OTC-cleared derivative payables containing downgrade triggers | ||||||||||||||||||||||||||
(in millions) | September 30, | 31-Dec-12 | ||||||||||||||||||||||||
2013 | ||||||||||||||||||||||||||
Aggregate fair value of net derivative payables | $ | 26,608 | $ | 40,844 | ||||||||||||||||||||||
Collateral posted | 21,954 | 34,414 | ||||||||||||||||||||||||
The following table shows the impact of a single-notch and two-notch downgrade of the long-term issuer ratings of JPMorgan Chase & Co. and its subsidiaries, predominantly JPMorgan Chase Bank, National Association (“JPMorgan Chase Bank, N.A.”), at September 30, 2013, and December 31, 2012, related to OTC and OTC-cleared derivative contracts with contingent collateral or termination features that may be triggered upon a ratings downgrade. Derivatives contracts generally require additional collateral to be posted or terminations to be triggered when the predefined threshold rating is breached. A downgrade by a single rating agency that does not result in a rating lower than a preexisting corresponding rating provided by another major rating agency will generally not result in additional collateral, except in certain instances in which additional initial margin may be required upon a ratings downgrade, or termination payment requirements. The liquidity impact in the table is calculated based upon a downgrade below the lowest current rating of the rating agencies referred to in the derivative contract. | ||||||||||||||||||||||||||
Liquidity impact of downgrade triggers on OTC and | ||||||||||||||||||||||||||
OTC-cleared derivatives | ||||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | |||||||||||||||||||||||||
(in millions) | Single-notch downgrade | Two-notch downgrade | Single-notch downgrade | Two-notch downgrade | ||||||||||||||||||||||
Amount of additional collateral to be posted upon downgrade(a) | $ | 947 | $ | 3,334 | $ | 1,234 | $ | 4,090 | ||||||||||||||||||
Amount required to settle contracts with termination triggers upon downgrade(b) | 673 | 1,014 | 857 | 1,270 | ||||||||||||||||||||||
(a) | Includes the additional collateral to be posted for initial margin. Prior period amounts have been revised to conform with the current presentation. | |||||||||||||||||||||||||
(b) | Amounts represent fair value of derivative payables, and do not reflect collateral posted. | |||||||||||||||||||||||||
Impact of derivatives on the Consolidated Statements of Income | ||||||||||||||||||||||||||
The following tables provide information related to gains and losses recorded on derivatives based on their hedge accounting designation or purpose. | ||||||||||||||||||||||||||
Fair value hedge gains and losses | ||||||||||||||||||||||||||
The following tables present derivative instruments, by contract type, used in fair value hedge accounting relationships, as well as pretax gains/(losses) recorded on such derivatives and the related hedged items for the three and nine months ended September 30, 2013 and 2012, respectively. The Firm includes gains/(losses) on the hedging derivative and the related hedged item in the same line item in the Consolidated Statements of Income, primarily principal transactions revenue and net interest income. For additional information regarding amounts recorded in principal transactions revenue, see Note 6 on pages 145–146 of this Form 10-Q. | ||||||||||||||||||||||||||
Gains/(losses) recorded in income | Income statement impact due to: | |||||||||||||||||||||||||
Three months ended September 30, 2013 (in millions) | Derivatives | Hedged items | Total income statement impact | Hedge ineffectiveness(d) | Excluded components(e) | |||||||||||||||||||||
Contract type | ||||||||||||||||||||||||||
Interest rate(a) | $ | (151 | ) | $ | 484 | $ | 333 | $ | (18 | ) | $ | 351 | ||||||||||||||
Foreign exchange(b) | (3,766 | ) | 3,701 | (65 | ) | — | (65 | ) | ||||||||||||||||||
Commodity(c) | (842 | ) | 547 | (295 | ) | 18 | (313 | ) | ||||||||||||||||||
Total | $ | (4,759 | ) | $ | 4,732 | $ | (27 | ) | $ | — | $ | (27 | ) | |||||||||||||
Gains/(losses) recorded in income | Income statement impact due to: | |||||||||||||||||||||||||
Three months ended September 30, 2012 (in millions) | Derivatives | Hedged items | Total income statement impact | Hedge ineffectiveness(d) | Excluded components(e) | |||||||||||||||||||||
Contract type | ||||||||||||||||||||||||||
Interest rate(a) | $ | (187 | ) | $ | 281 | $ | 94 | $ | (35 | ) | $ | 129 | ||||||||||||||
Foreign exchange(b) | (2,580 | ) | 2,521 | (59 | ) | — | (59 | ) | ||||||||||||||||||
Commodity(c) | (2,485 | ) | 1,685 | (800 | ) | (9 | ) | (791 | ) | |||||||||||||||||
Total | $ | (5,252 | ) | $ | 4,487 | $ | (765 | ) | $ | (44 | ) | $ | (721 | ) | ||||||||||||
Gains/(losses) recorded in income | Income statement impact due to: | |||||||||||||||||||||||||
Nine months ended September 30, 2013 (in millions) | Derivatives | Hedged items | Total income statement impact | Hedge ineffectiveness(d) | Excluded components(e) | |||||||||||||||||||||
Contract type | ||||||||||||||||||||||||||
Interest rate(a) | $ | (2,757 | ) | $ | 3,793 | $ | 1,036 | $ | (118 | ) | $ | 1,154 | ||||||||||||||
Foreign exchange(b) | 267 | (419 | ) | (152 | ) | — | (152 | ) | ||||||||||||||||||
Commodity(c) | 366 | (1,265 | ) | (899 | ) | 6 | (905 | ) | ||||||||||||||||||
Total | $ | (2,124 | ) | $ | 2,109 | $ | (15 | ) | $ | (112 | ) | $ | 97 | |||||||||||||
Gains/(losses) recorded in income | Income statement impact due to: | |||||||||||||||||||||||||
Nine months ended September 30, 2012 (in millions) | Derivatives | Hedged items | Total income statement impact | Hedge ineffectiveness(d) | Excluded components(e) | |||||||||||||||||||||
Contract type | ||||||||||||||||||||||||||
Interest rate(a) | $ | (800 | ) | $ | 1,171 | $ | 371 | $ | — | $ | 371 | |||||||||||||||
Foreign exchange(b) | (1,104 | ) | 950 | (154 | ) | — | (154 | ) | ||||||||||||||||||
Commodity(c) | (3,265 | ) | 2,186 | (1,079 | ) | 44 | (1,123 | ) | ||||||||||||||||||
Total | $ | (5,169 | ) | $ | 4,307 | $ | (862 | ) | $ | 44 | $ | (906 | ) | |||||||||||||
(a) | Primarily consists of hedges of the benchmark (e.g., London Interbank Offered Rate (“LIBOR”)) interest rate risk of fixed-rate long-term debt and AFS securities. Gains and losses were recorded in net interest income. The current presentation excludes accrued interest. Prior period amounts have been revised to conform with the current presentation. | |||||||||||||||||||||||||
(b) | Primarily consists of hedges of the foreign currency risk of long-term debt and AFS securities for changes in spot foreign currency rates. Gains and losses related to the derivatives and the hedged items, due to changes in foreign currency rates, were recorded in principal transactions revenue and net interest income. | |||||||||||||||||||||||||
(c) | Consists of overall fair value hedges of physical commodities inventories that are generally carried at the lower of cost or market (market approximates fair value). Gains and losses were recorded in principal transactions revenue. | |||||||||||||||||||||||||
(d) | Hedge ineffectiveness is the amount by which the gain or loss on the designated derivative instrument does not exactly offset the gain or loss on the hedged item attributable to the hedged risk. | |||||||||||||||||||||||||
(e) | The assessment of hedge effectiveness excludes certain components of the changes in fair values of the derivatives and hedged items such as forward points on foreign exchange forward contracts and time values. | |||||||||||||||||||||||||
Cash flow hedge gains and losses | ||||||||||||||||||||||||||
The following tables present derivative instruments, by contract type, used in cash flow hedge accounting relationships, and the pretax gains/(losses) recorded on such derivatives, for the three and nine months ended September 30, 2013 and 2012. The Firm includes the gain/(loss) on the hedging derivative and the change in cash flows on the hedged item in the same line item in the Consolidated Statements of Income. | ||||||||||||||||||||||||||
Gains/(losses) recorded in income and other comprehensive income/(loss)(c) | ||||||||||||||||||||||||||
Three months ended September 30, 2013 (in millions) | Derivatives – effective portion reclassified from AOCI to income | Hedge ineffectiveness recorded directly in income(d) | Total income statement impact | Derivatives – effective portion recorded in OCI | Total change | |||||||||||||||||||||
in OCI | ||||||||||||||||||||||||||
for period | ||||||||||||||||||||||||||
Contract type | ||||||||||||||||||||||||||
Interest rate(a) | $ | (15 | ) | $ | — | $ | (15 | ) | $ | (3 | ) | $ | 12 | |||||||||||||
Foreign exchange(b) | 8 | — | 8 | 109 | 101 | |||||||||||||||||||||
Total | $ | (7 | ) | $ | — | $ | (7 | ) | $ | 106 | $ | 113 | ||||||||||||||
Gains/(losses) recorded in income and other comprehensive income/(loss)(c) | ||||||||||||||||||||||||||
Three months ended September 30, 2012 (in millions) | Derivatives – effective portion reclassified from AOCI to income | Hedge ineffectiveness recorded directly in income(d) | Total income statement impact | Derivatives – effective portion recorded in OCI | Total change | |||||||||||||||||||||
in OCI | ||||||||||||||||||||||||||
for period | ||||||||||||||||||||||||||
Contract type | ||||||||||||||||||||||||||
Interest rate(a) | $ | 5 | $ | — | $ | 5 | $ | (11 | ) | $ | (16 | ) | ||||||||||||||
Foreign exchange(b) | 14 | — | 14 | 67 | 53 | |||||||||||||||||||||
Total | $ | 19 | $ | — | $ | 19 | $ | 56 | $ | 37 | ||||||||||||||||
Gains/(losses) recorded in income and other comprehensive income/(loss)(c) | ||||||||||||||||||||||||||
Nine months ended September 30, 2013 (in millions) | Derivatives – effective portion reclassified from AOCI to income | Hedge ineffectiveness recorded directly in income(d) | Total income statement impact | Derivatives – effective portion recorded in OCI | Total change | |||||||||||||||||||||
in OCI | ||||||||||||||||||||||||||
for period | ||||||||||||||||||||||||||
Contract type | ||||||||||||||||||||||||||
Interest rate(a) | $ | (56 | ) | $ | — | $ | (56 | ) | $ | (529 | ) | $ | (473 | ) | ||||||||||||
Foreign exchange(b) | (14 | ) | — | (14 | ) | (7 | ) | 7 | ||||||||||||||||||
Total | $ | (70 | ) | $ | — | $ | (70 | ) | $ | (536 | ) | $ | (466 | ) | ||||||||||||
Gains/(losses) recorded in income and other comprehensive income/(loss)(c) | ||||||||||||||||||||||||||
Nine months ended September 30, 2012 (in millions) | Derivatives – effective portion reclassified from AOCI to income | Hedge ineffectiveness recorded directly in income(d) | Total income statement impact | Derivatives – effective portion recorded in OCI | Total change | |||||||||||||||||||||
in OCI | ||||||||||||||||||||||||||
for period | ||||||||||||||||||||||||||
Contract type | ||||||||||||||||||||||||||
Interest rate(a) | $ | 33 | $ | 5 | $ | 38 | $ | 9 | $ | (24 | ) | |||||||||||||||
Foreign exchange(b) | 11 | — | 11 | 134 | 123 | |||||||||||||||||||||
Total | $ | 44 | $ | 5 | $ | 49 | $ | 143 | $ | 99 | ||||||||||||||||
(a) | Primarily consists of benchmark interest rate hedges of LIBOR-indexed floating-rate assets and floating-rate liabilities. Gains and losses were recorded in net interest income. | |||||||||||||||||||||||||
(b) | Primarily consists of hedges of the foreign currency risk of non-U.S. dollar-denominated revenue and expense. The income statement classification of gains and losses follows the hedged item – primarily net interest income, noninterest revenue and compensation expense. | |||||||||||||||||||||||||
(c) | The Firm did not experience any forecasted transactions that failed to occur for the three and nine months ended September 30, 2013 and 2012. | |||||||||||||||||||||||||
(d) | Hedge ineffectiveness is the amount by which the cumulative gain or loss on the designated derivative instrument exceeds the present value of the cumulative expected change in cash flows on the hedged item attributable to the hedged risk. | |||||||||||||||||||||||||
Over the next 12 months, the Firm expects that $14 million (after-tax) of net losses recorded in accumulated other comprehensive income (“AOCI”) at September 30, 2013, related to cash flow hedges will be recognized in income. The maximum length of time over which forecasted transactions are hedged is 10 years, and such transactions primarily relate to core lending and borrowing activities. | ||||||||||||||||||||||||||
Net investment hedge gains and losses | ||||||||||||||||||||||||||
The following table presents hedging instruments, by contract type, that were used in net investment hedge accounting relationships, and the pretax gains/(losses) recorded on such instruments for the three and nine months ended September 30, 2013 and 2012. | ||||||||||||||||||||||||||
Gains/(losses) recorded in income and | ||||||||||||||||||||||||||
other comprehensive income/(loss) | ||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||
Three months ended September 30, | Excluded components recorded directly | Effective portion recorded in OCI | Excluded components | Effective portion recorded in OCI | ||||||||||||||||||||||
(in millions) | in income(a) | recorded directly | ||||||||||||||||||||||||
in income(a) | ||||||||||||||||||||||||||
Foreign exchange derivatives | $ | (112 | ) | $ | (343 | ) | $ | (101 | ) | $ | (404 | ) | ||||||||||||||
Gains/(losses) recorded in income and | ||||||||||||||||||||||||||
other comprehensive income/(loss) | ||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||
Nine months ended September 30, | Excluded components recorded directly | Effective portion recorded in OCI | Excluded components | Effective portion recorded in OCI | ||||||||||||||||||||||
(in millions) | in income(a) | recorded directly | ||||||||||||||||||||||||
in income(a) | ||||||||||||||||||||||||||
Foreign exchange derivatives | $ | (274 | ) | $ | 648 | $ | (236 | ) | $ | (191 | ) | |||||||||||||||
(a) | Certain components of hedging derivatives are permitted to be excluded from the assessment of hedge effectiveness, such as forward points on foreign exchange forward contracts. Amounts related to excluded components are recorded in current-period income. The Firm measures the ineffectiveness of net investment hedge accounting relationships based on changes in spot foreign currency rates, and therefore there was no ineffectiveness for net investment hedge accounting relationships during the three and nine months ended September 30, 2013 and 2012. | |||||||||||||||||||||||||
Gains and losses on derivatives used for specified risk management purposes | ||||||||||||||||||||||||||
The following table presents pretax gains/(losses) recorded on a limited number of derivatives, not designated in hedge accounting relationships, that are used to manage risks associated with certain specified assets and liabilities, including certain risks arising from the mortgage pipeline, warehouse loans, MSRs, wholesale lending exposures, AFS securities, foreign currency-denominated liabilities, and commodities-related contracts and investments. | ||||||||||||||||||||||||||
Derivatives gains/(losses) | ||||||||||||||||||||||||||
recorded in income | ||||||||||||||||||||||||||
Three months ended | Nine months ended | |||||||||||||||||||||||||
September 30, | September 30, | |||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||
Contract type | ||||||||||||||||||||||||||
Interest rate(a) | $ | (40 | ) | $ | 1,458 | $ | 687 | $ | 4,301 | |||||||||||||||||
Credit(b) | (32 | ) | (48 | ) | (71 | ) | (135 | ) | ||||||||||||||||||
Foreign exchange(c) | — | — | 1 | 47 | ||||||||||||||||||||||
Commodity(d) | 34 | 87 | 108 | 90 | ||||||||||||||||||||||
Total | $ | (38 | ) | $ | 1,497 | $ | 725 | $ | 4,303 | |||||||||||||||||
(a) | Primarily relates to interest rate derivatives used to hedge the interest rate risks associated with the mortgage pipeline, warehouse loans and MSRs. Gains and losses were recorded predominantly in mortgage fees and related income. | |||||||||||||||||||||||||
(b) | Relates to credit derivatives used to mitigate credit risk associated with lending exposures in the Firm’s wholesale businesses, and single-name credit derivatives used to mitigate credit risk arising from certain AFS securities. These derivatives do not include the synthetic credit portfolio or credit derivatives used to mitigate counterparty credit risk arising from derivative receivables, both of which are included in gains and losses on derivatives related to market-making activities and other derivatives. Gains and losses were recorded in principal transactions revenue. | |||||||||||||||||||||||||
(c) | Primarily relates to hedges of the foreign exchange risk of specified foreign currency-denominated liabilities. Gains and losses were recorded in principal transactions revenue and net interest income. | |||||||||||||||||||||||||
(d) | Primarily relates to commodity derivatives used to mitigate energy price risk associated with energy-related contracts and investments. Gains and losses were recorded in principal transactions revenue. | |||||||||||||||||||||||||
Gains and losses on derivatives related to market-making activities and other derivatives | ||||||||||||||||||||||||||
The Firm makes markets in derivatives in order to meet the needs of customers and uses derivatives to manage certain risks associated with net open risk positions from the Firm’s market-making activities, including the counterparty credit risk arising from derivative receivables. These derivatives, as well as all other derivatives (including the synthetic credit portfolio) that are not included in the hedge accounting or specified risk management categories above, are included in this category. Gains and losses on these derivatives are recorded in principal transactions revenue. See Note 6 on pages 145–146 of this Form 10-Q for information on principal transactions revenue. | ||||||||||||||||||||||||||
Credit derivatives | ||||||||||||||||||||||||||
For a more detailed discussion of credit derivatives, see Note 6 on pages 218–227 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||
The Firm is both a purchaser and seller of protection in the credit derivatives market and uses these derivatives for two primary purposes. First, in its capacity as a market-maker, the Firm actively manages a portfolio of credit derivatives by purchasing and selling credit protection, predominantly on corporate debt obligations, to meet the needs of customers. Second, as an end-user, the Firm uses credit derivatives to manage credit risk associated with lending exposures (loans and unfunded commitments) and derivatives counterparty exposures in the Firm’s wholesale businesses, and to manage the credit risk arising from certain AFS securities and from certain financial instruments in the Firm’s market-making businesses. For more information on the synthetic credit portfolio, see footnote (b) to the table on page 133 of this Note. | ||||||||||||||||||||||||||
The following tables present a summary of the notional amounts of credit derivatives and credit-related notes the Firm sold and purchased as of September 30, 2013, and December 31, 2012. Upon a credit event, the Firm as a seller of protection would typically pay out only a percentage of the full notional amount as the amount actually required to be paid on the contracts takes into account the recovery value of the reference obligation at the time of settlement. The Firm manages the credit risk on contracts to sell protection by purchasing protection with identical or similar underlying reference entities. Other purchased protection referenced in the following tables includes credit derivatives bought on related, but not identical, reference positions (including indices, portfolio coverage and other reference points) as well as protection purchased through credit-related notes. | ||||||||||||||||||||||||||
The Firm does not use notional amounts of credit derivatives as the primary measure of risk management for such derivatives, because the notional amount does not take into account the probability of the occurrence of a credit event, the recovery value of the reference obligation, or related cash instruments and economic hedges, each of which reduces, in the Firm’s view, the risks associated with such derivatives. | ||||||||||||||||||||||||||
Total credit derivatives and credit-related notes | ||||||||||||||||||||||||||
Maximum payout/Notional amount | ||||||||||||||||||||||||||
September 30, 2013 (in millions) | Protection sold | Protection purchased with | Net protection (sold)/purchased(c) | Other protection purchased(d) | ||||||||||||||||||||||
identical underlyings(b) | ||||||||||||||||||||||||||
Credit derivatives | ||||||||||||||||||||||||||
Credit default swaps | $ | (2,920,641 | ) | $ | 2,911,245 | $ | (9,396 | ) | $ | 10,331 | ||||||||||||||||
Other credit derivatives(a) | (65,049 | ) | 7,635 | (57,414 | ) | 28,881 | ||||||||||||||||||||
Total credit derivatives | (2,985,690 | ) | 2,918,880 | (66,810 | ) | 39,212 | ||||||||||||||||||||
Credit-related notes | (108 | ) | — | (108 | ) | 2,762 | ||||||||||||||||||||
Total | $ | (2,985,798 | ) | $ | 2,918,880 | $ | (66,918 | ) | $ | 41,974 | ||||||||||||||||
Maximum payout/Notional amount | ||||||||||||||||||||||||||
December 31, 2012 (in millions) | Protection sold | Protection purchased with | Net protection (sold)/purchased(c) | Other protection purchased(d) | ||||||||||||||||||||||
identical underlyings(b) | ||||||||||||||||||||||||||
Credit derivatives | ||||||||||||||||||||||||||
Credit default swaps | $ | (2,954,705 | ) | $ | 2,879,105 | $ | (75,600 | ) | $ | 42,460 | ||||||||||||||||
Other credit derivatives(a) | (66,244 | ) | 5,649 | (60,595 | ) | 33,174 | ||||||||||||||||||||
Total credit derivatives | (3,020,949 | ) | 2,884,754 | (136,195 | ) | 75,634 | ||||||||||||||||||||
Credit-related notes | (233 | ) | — | (233 | ) | 3,255 | ||||||||||||||||||||
Total | $ | (3,021,182 | ) | $ | 2,884,754 | $ | (136,428 | ) | $ | 78,889 | ||||||||||||||||
(a) | Other credit derivatives predominantly consists of put options on fixed income portfolios. | |||||||||||||||||||||||||
(b) | Represents the total notional amount of protection purchased where the underlying reference instrument is identical to the reference instrument on protection sold; the notional amount of protection purchased for each individual identical underlying reference instrument may be greater or lower than the notional amount of protection sold. | |||||||||||||||||||||||||
(c) | Does not take into account the fair value of the reference obligation at the time of settlement, which would generally reduce the amount the seller of protection pays to the buyer of protection in determining settlement value. | |||||||||||||||||||||||||
(d) | Represents protection purchased by the Firm on referenced instruments (single-name, portfolio or index) where the Firm has not sold any protection on the identical reference instrument. | |||||||||||||||||||||||||
The following tables summarize the notional and fair value amounts of credit derivatives and credit-related notes as of September 30, 2013, and December 31, 2012, where JPMorgan Chase is the seller of protection. The maturity profile is based on the remaining contractual maturity of the credit derivative contracts. The ratings profile is based on the rating of the reference entity on which the credit derivative contract is based. The ratings and maturity profile of credit derivatives and credit-related notes where JPMorgan Chase is the purchaser of protection are comparable to the profile reflected below. | ||||||||||||||||||||||||||
Protection sold – credit derivatives and credit-related notes ratings(a)/maturity profile | ||||||||||||||||||||||||||
September 30, 2013 (in millions) | <1 year | 1–5 years | >5 years | Total | Fair value of receivables(b) | Fair value of payables(b) | Net fair value | |||||||||||||||||||
notional amount | ||||||||||||||||||||||||||
Risk rating of reference entity | ||||||||||||||||||||||||||
Investment-grade | $ | (381,410 | ) | $ | (1,613,389 | ) | $ | (162,893 | ) | $ | (2,157,692 | ) | $ | 23,902 | $ | (11,784 | ) | $ | 12,118 | |||||||
Noninvestment-grade | (176,492 | ) | (616,557 | ) | (35,057 | ) | (828,106 | ) | 23,122 | (23,549 | ) | (427 | ) | |||||||||||||
Total | $ | (557,902 | ) | $ | (2,229,946 | ) | $ | (197,950 | ) | $ | (2,985,798 | ) | $ | 47,024 | $ | (35,333 | ) | $ | 11,691 | |||||||
December 31, 2012 (in millions) | <1 year | 1–5 years | >5 years | Total | Fair value of receivables(b) | Fair value of payables(b) | Net fair value | |||||||||||||||||||
notional amount | ||||||||||||||||||||||||||
Risk rating of reference entity | ||||||||||||||||||||||||||
Investment-grade | $ | (409,748 | ) | $ | (1,383,644 | ) | $ | (224,001 | ) | $ | (2,017,393 | ) | $ | 16,690 | $ | (22,393 | ) | $ | (5,703 | ) | ||||||
Noninvestment-grade | (214,949 | ) | (722,115 | ) | (66,725 | ) | (1,003,789 | ) | 22,355 | (36,815 | ) | (14,460 | ) | |||||||||||||
Total | $ | (624,697 | ) | $ | (2,105,759 | ) | $ | (290,726 | ) | $ | (3,021,182 | ) | $ | 39,045 | $ | (59,208 | ) | $ | (20,163 | ) | ||||||
(a) | The ratings scale is based on the Firm’s internal ratings, which generally correspond to ratings as defined by S&P and Moody’s. | |||||||||||||||||||||||||
(b) | Amounts are shown on a gross basis, before the benefit of legally enforceable master netting agreements and cash collateral received by the Firm. |
Noninterest_Revenue
Noninterest Revenue | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Noninterest Income, Other [Abstract] | ' | |||||||||||||||
NONINTEREST REVENUE | ' | |||||||||||||||
Noninterest revenue | ||||||||||||||||
For a discussion of the components of and accounting policies for the Firm’s noninterest revenue, see Note 7 on pages 228–229 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||
The following table presents the components of investment banking fees. | ||||||||||||||||
Three months ended September 30, | Nine months ended | |||||||||||||||
September 30, | ||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||
Underwriting | ||||||||||||||||
Equity | $ | 333 | $ | 235 | $ | 1,063 | $ | 761 | ||||||||
Debt | 851 | 819 | 2,724 | 2,296 | ||||||||||||
Total underwriting | 1,184 | 1,054 | 3,787 | 3,057 | ||||||||||||
Advisory | 323 | 389 | 882 | 1,024 | ||||||||||||
Total investment banking fees | $ | 1,507 | $ | 1,443 | $ | 4,669 | $ | 4,081 | ||||||||
Principal transactions revenue includes realized and unrealized gains and losses recorded on derivatives, other financial instruments and private equity investments. | ||||||||||||||||
Principal transactions revenue also includes certain realized and unrealized gains and losses related to hedge accounting and specified risk management activities disclosed separately in Note 5, including: (a) certain derivatives designated in qualifying hedge accounting relationships (primarily fair value hedges of commodity and foreign exchange risk), (b) certain derivatives used for specific risk management purposes, primarily to mitigate credit risk, foreign exchange risk and commodity risk, and (c) other derivatives, including the synthetic credit portfolio. See Note 5 on pages 133–144 of this Form 10-Q for information on the income statement classification of gains and losses on derivatives. | ||||||||||||||||
Principal transactions revenue also includes revenue associated with market-making and client-driven activities that involve physical commodities. The Firm, through its Global Commodities Group within CIB (“Commodities Group”) generally provides risk management, investment and financing solutions to clients globally both through financial derivatives transactions, as well as through physical commodities transactions. On the financial side, the Commodities Group engages in OTC derivatives transactions (e.g., swaps, forwards, options) and exchange-traded derivatives referencing various types of commodities (see below and Note 5 – Derivative instruments for further information). On the physical side, the Commodities Group engages in the purchase, sale, transport, and storage of power, gas, liquefied natural gas, coal, crude oil, refined products, precious and base metals among others. Realized gains and losses and unrealized losses arising from market-making and client-driven activities involving physical commodities inventories that are generally carried at the lower of cost or market (market approximates fair value), subject to any applicable fair value hedge accounting adjustments, are recorded in principal transactions revenue. Fees relating to storage and transportation are recorded in other income. These fees are generally recognized over the arrangement period. Expenses relating to such activities are recorded in other expense (see Note 10 on page 148 of this Form 10-Q for further information). Additional information on the physical commodities business can be found in Note 2 – Business Changes and Developments on page 116 of this Form 10-Q. | ||||||||||||||||
The following table presents all realized and unrealized gains and losses recorded in principal transactions revenue by major underlying type of risk exposures. | ||||||||||||||||
Three months ended September 30, | Nine months ended | |||||||||||||||
September 30, | ||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||
Trading revenue by risk exposure | ||||||||||||||||
Interest rate(a) | $ | 373 | $ | 1,064 | $ | 1,526 | $ | 3,637 | ||||||||
Credit(b) | 442 | (667 | ) | 2,320 | (5,234 | ) | ||||||||||
Foreign exchange | 283 | 384 | 1,326 | 1,177 | ||||||||||||
Equity | 564 | 734 | 2,574 | 2,269 | ||||||||||||
Commodity(c) | 510 | 590 | 1,739 | 1,834 | ||||||||||||
Total trading revenue | 2,172 | 2,105 | 9,485 | 3,683 | ||||||||||||
Private equity gains/(losses)(d) | 490 | (58 | ) | 698 | 659 | |||||||||||
Principal transactions(e) | $ | 2,662 | $ | 2,047 | $ | 10,183 | $ | 4,342 | ||||||||
(a) | Included a pretax gain of $98 million and $663 million for the three and nine months ended September 30, 2012, respectively, reflecting the recovery on a Bear Stearns-related subordinated loan. | |||||||||||||||
(b) | Included $5.8 billion of losses incurred by CIO from the synthetic credit portfolio for the six months ended June 30, 2012, and $449 million of losses incurred by CIO from the retained index credit derivative positions for the three months ended September 30, 2012; and losses incurred by CIB from the synthetic credit portfolio. | |||||||||||||||
(c) | Includes realized gains and losses and unrealized losses on physical commodities inventories that are generally carried at the lower of cost or market (market approximates fair value), subject to any applicable fair value hedge accounting adjustments, and gains and losses on commodity derivatives and other financial instruments that are carried at fair value through income. Commodity derivatives are frequently used to manage the Firm’s risk exposure to its physical commodities inventories related to market-making and client-driven activities. Gains/(losses) related to commodity fair value hedges were $(295) million and $(800) million for the three months ended September 30, 2013 and 2012, respectively. Gains/(losses) related to commodity fair value hedges were $(899) million and $(1.1) billion for the nine months ended September 30, 2013 and 2012, respectively. | |||||||||||||||
(d) | Includes revenue on private equity investments held in the Private Equity business within Corporate/Private Equity, as well as those held in other business segments. | |||||||||||||||
(e) | Principal transactions revenue includes DVA related to structured notes and derivative liabilities measured at fair value in CIB. DVA gains/(losses) were $(397) million and $(211) million for the three months ended September 30, 2013 and 2012, respectively, and $84 million and $(363) million for the nine months ended September 30, 2013 and 2012, respectively. | |||||||||||||||
The following table presents the components of asset management, administration and commissions. | ||||||||||||||||
Three months ended September 30, | Nine months ended | |||||||||||||||
September 30, | ||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||
Asset management(a) | ||||||||||||||||
Investment management fees(b) | $ | 1,962 | $ | 1,633 | $ | 5,735 | $ | 4,785 | ||||||||
All other asset management fees(c) | 117 | 110 | 381 | 241 | ||||||||||||
Total asset management fees | 2,079 | 1,743 | 6,116 | 5,026 | ||||||||||||
Total administration fees(d) | 511 | 515 | 1,587 | 1,609 | ||||||||||||
Commission and other fees | ||||||||||||||||
Brokerage commissions | 569 | 506 | 1,774 | 1,746 | ||||||||||||
All other commissions and fees | 508 | 572 | 1,654 | 1,808 | ||||||||||||
Total commissions and fees | 1,077 | 1,078 | 3,428 | 3,554 | ||||||||||||
Total asset management, administration and commissions | $ | 3,667 | $ | 3,336 | $ | 11,131 | $ | 10,189 | ||||||||
(a) | The Firm has contractual arrangements with third parties to provide certain services in connection with its asset management activities. Generally, amounts paid to third-party service providers are expensed, such that asset management fees are recorded gross of payments made to third parties. | |||||||||||||||
(b) | Represents fees earned from managing assets on behalf of Firm clients, including investors in Firm-sponsored funds and owners of separately managed investment accounts. | |||||||||||||||
(c) | Represents fees for services that are ancillary to investment management services, such as commissions earned on the sales or distribution of mutual funds to clients. | |||||||||||||||
(d) | Predominantly, includes fees for custody, securities lending, funds services and securities clearance. | |||||||||||||||
Other income | ||||||||||||||||
Included in other income is operating lease income of $376 million and $331 million for the three months ended September 30, 2013 and 2012, respectively, and $1.1 billion and $982 million for the nine months ended September 30, 2013 and 2012, respectively. |
Interest_Income_and_Interest_E
Interest Income and Interest Expense | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Interest Income (Expense), Net [Abstract] | ' | |||||||||||||||
INTEREST INCOME AND INTEREST EXPENSE | ' | |||||||||||||||
Interest income and Interest expense | ||||||||||||||||
For a description of JPMorgan Chase’s accounting policies regarding interest income and interest expense, see Note 8 on page 230 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||
Details of interest income and interest expense were as follows. | ||||||||||||||||
Three months ended September 30, | Nine months ended | |||||||||||||||
September 30, | ||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||
Interest income | ||||||||||||||||
Loans | $ | 8,300 | $ | 9,018 | $ | 25,154 | $ | 27,022 | ||||||||
Securities | 1,997 | 1,764 | 5,665 | 6,160 | ||||||||||||
Trading assets | 1,998 | 2,120 | 6,468 | 6,779 | ||||||||||||
Federal funds sold and securities purchased under resale agreements | 487 | 569 | 1,491 | 1,866 | ||||||||||||
Securities borrowed | (35 | ) | (c) | (18 | ) | (c) | (71 | ) | (c) | 7 | ||||||
Deposits with banks | 264 | 132 | 649 | 420 | ||||||||||||
Other assets(a) | 151 | 44 | 378 | 175 | ||||||||||||
Total interest income | $ | 13,162 | $ | 13,629 | $ | 39,734 | $ | 42,429 | ||||||||
Interest expense | ||||||||||||||||
Interest-bearing deposits | $ | 514 | $ | 626 | $ | 1,598 | $ | 2,085 | ||||||||
Short-term and other liabilities(b) | 524 | 407 | 1,559 | 1,329 | ||||||||||||
Long-term debt | 1,236 | 1,464 | 3,792 | 4,724 | ||||||||||||
Beneficial interests issued by consolidated VIEs | 113 | 156 | 373 | 503 | ||||||||||||
Total interest expense | $ | 2,387 | $ | 2,653 | $ | 7,322 | $ | 8,641 | ||||||||
Net interest income | $ | 10,775 | $ | 10,976 | $ | 32,412 | $ | 33,788 | ||||||||
Provision for credit losses | (543 | ) | 1,789 | 121 | 2,729 | |||||||||||
Net interest income after provision for credit losses | $ | 11,318 | $ | 9,187 | $ | 32,291 | $ | 31,059 | ||||||||
(a) | Largely margin loans. | |||||||||||||||
(b) | Includes brokerage customer payables. | |||||||||||||||
(c) | Negative interest income is a result of increased client-driven demand for certain securities combined with the impact of low interest rates; the offset of this matched book activity is reflected as lower net interest expense reported within short-term and other liabilities. |
Pension_and_Other_Postretireme
Pension and Other Postretirement Employee Benefit Plans | 9 Months Ended | ||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||
General Discussion of Pension and Other Postretirement Benefits [Abstract] | ' | ||||||||||||||||||||
Pension and Other Postretirement Employee Benefit Plans | ' | ||||||||||||||||||||
Pension and other postretirement employee benefit plans | |||||||||||||||||||||
For a discussion of JPMorgan Chase’s pension and other postretirement employee benefit (“OPEB”) plans, see Note 9 on pages 231–240 of JPMorgan Chase’s 2012 Annual Report. | |||||||||||||||||||||
The following table presents the components of net periodic benefit costs reported in the Consolidated Statements of Income for the Firm’s U.S. and non-U.S. defined benefit pension, defined contribution and OPEB plans. | |||||||||||||||||||||
Pension plans | |||||||||||||||||||||
U.S. | Non-U.S. | OPEB plans | |||||||||||||||||||
Three months ended September 30, (in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||
Components of net periodic benefit cost | |||||||||||||||||||||
Benefits earned during the period | $ | 78 | $ | 68 | $ | 8 | $ | 12 | $ | 1 | $ | 1 | |||||||||
Interest cost on benefit obligations | 112 | 120 | 33 | 33 | 9 | 11 | |||||||||||||||
Expected return on plan assets | (239 | ) | (222 | ) | (36 | ) | (35 | ) | (24 | ) | (23 | ) | |||||||||
Amortization: | |||||||||||||||||||||
Net (gain)/loss | 68 | 72 | 12 | 9 | — | — | |||||||||||||||
Prior service cost/(credit) | (10 | ) | (10 | ) | (1 | ) | (1 | ) | — | — | |||||||||||
Net periodic defined benefit cost | 9 | 28 | 16 | 18 | (14 | ) | (11 | ) | |||||||||||||
Other defined benefit pension plans(a) | 4 | 4 | 2 | 2 | NA | NA | |||||||||||||||
Total defined benefit plans | 13 | 32 | 18 | 20 | (14 | ) | (11 | ) | |||||||||||||
Total defined contribution plans | 114 | 100 | 77 | 75 | NA | NA | |||||||||||||||
Total pension and OPEB cost included in compensation expense | $ | 127 | $ | 132 | $ | 95 | $ | 95 | $ | (14 | ) | $ | (11 | ) | |||||||
Pension plans | |||||||||||||||||||||
U.S. | Non-U.S. | OPEB plans | |||||||||||||||||||
Nine months ended September 30, (in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||
Components of net periodic benefit cost | |||||||||||||||||||||
Benefits earned during the period | $ | 235 | $ | 204 | $ | 25 | $ | 31 | $ | 1 | $ | 1 | |||||||||
Interest cost on benefit obligations | 335 | 347 | 93 | 95 | 27 | 33 | |||||||||||||||
Expected return on plan assets | (716 | ) | (640 | ) | (104 | ) | (102 | ) | (70 | ) | (68 | ) | |||||||||
Amortization: | |||||||||||||||||||||
Net (gain)/loss | 203 | 217 | 36 | 26 | 1 | — | |||||||||||||||
Prior service cost/(credit) | (31 | ) | (31 | ) | (2 | ) | (1 | ) | — | — | |||||||||||
Net periodic defined benefit cost | 26 | 97 | 48 | 49 | (41 | ) | (34 | ) | |||||||||||||
Other defined benefit pension plans(a) | 11 | 11 | 8 | 5 | NA | NA | |||||||||||||||
Total defined benefit plans | 37 | 108 | 56 | 54 | (41 | ) | (34 | ) | |||||||||||||
Total defined contribution plans | 334 | 288 | 236 | 230 | NA | NA | |||||||||||||||
Total pension and OPEB cost included in compensation expense | $ | 371 | $ | 396 | $ | 292 | $ | 284 | $ | (41 | ) | $ | (34 | ) | |||||||
(a) | Includes various defined benefit pension plans which are individually immaterial. | ||||||||||||||||||||
The fair values of plan assets for the U.S. defined benefit pension and OPEB plans and for the material non-U.S. defined benefit pension plans were $15.6 billion and $3.4 billion, respectively, as of September 30, 2013, and $14.6 billion and $3.3 billion, respectively, as of December 31, 2012. See Note 19 on pages 191–192 of this Form 10-Q for further information on unrecognized amounts (i.e., net loss and prior service costs/(credit)) reflected in AOCI for the three and nine month periods ended September 30, 2013 and 2012. | |||||||||||||||||||||
The Firm does not anticipate any contribution to the U.S. defined benefit pension plan in 2013 at this time. For 2013, the cost associated with funding benefits under the Firm’s U.S. non-qualified defined benefit pension plans is expected to total $39 million. The 2013 contributions to the non-U.S. defined benefit pension and OPEB plans are expected to be $39 million and $2 million, respectively. |
Employee_Stock_Based_Incentive
Employee Stock Based Incentives | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | |||||||||||||||
Employee Stock-Based Incentives | ' | |||||||||||||||
Employee stock-based incentives | ||||||||||||||||
For a discussion of the accounting policies and other information relating to employee stock-based incentives, see Note 10 on pages 241–243 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||
The Firm recognized the following noncash compensation expense related to its various employee stock-based incentive plans in its Consolidated Statements of Income. | ||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | |||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||
Cost of prior grants of restricted stock units (“RSUs”) and stock appreciation rights (“SARs”) that are amortized over their applicable vesting periods | $ | 347 | $ | 402 | $ | 1,103 | $ | 1,434 | ||||||||
Accrual of estimated costs of RSUs and SARs to be granted in future periods including those to full-career eligible employees | 160 | 180 | 631 | 589 | ||||||||||||
Total noncash compensation expense related to employee stock-based incentive plans | $ | 507 | $ | 582 | $ | 1,734 | $ | 2,023 | ||||||||
In the first quarter of 2013, in connection with its annual incentive grant for the 2012 performance year, the Firm granted 43 million RSUs and 12 million SARs with weighted-average grant date fair values of $46.58 per RSU and $9.56 per SAR. |
Noninterest_Expense
Noninterest Expense | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Noninterest Expense [Abstract] | ' | |||||||||||||||
NONINTEREST EXPENSE | ' | |||||||||||||||
Noninterest expense | ||||||||||||||||
The following table presents the components of noninterest expense. | ||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | |||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||
Compensation expense | $ | 7,325 | $ | 7,503 | $ | 23,758 | $ | 23,543 | ||||||||
Noncompensation expense: | ||||||||||||||||
Occupancy expense | 947 | 973 | 2,752 | 3,014 | ||||||||||||
Technology, communications and equipment expense | 1,356 | 1,312 | 4,049 | 3,865 | ||||||||||||
Professional and outside services | 1,897 | 1,759 | 5,532 | 5,411 | ||||||||||||
Marketing | 588 | 607 | 1,755 | 1,929 | ||||||||||||
Other expense(a)(b)(c) | 11,373 | 3,035 | 16,625 | 10,354 | ||||||||||||
Amortization of intangibles | 140 | 182 | 444 | 566 | ||||||||||||
Total noncompensation expense | 16,301 | 7,868 | 31,157 | 25,139 | ||||||||||||
Total noninterest expense | $ | 23,626 | $ | 15,371 | $ | 54,915 | $ | 48,682 | ||||||||
(a) | Included legal expense of $9.3 billion and $790 million for the three months ended September 30, 2013 and 2012, respectively, and $10.3 billion and $3.8 billion for the nine months ended September 30, 2013 and 2012, respectively. | |||||||||||||||
(b) | Included FDIC-related expense of $362 million and $426 million for the three months ended September 30, 2013 and 2012, respectively, and $1.1 billion and $1.2 billion for the nine months ended September 30, 2013 and 2012, respectively. | |||||||||||||||
(c) | Includes certain expenses relating to the Commodities Group activities, including storage, transportation and tolling arrangements. |
Securities
Securities | 9 Months Ended | |||||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||||
Securities [Abstract] | ' | |||||||||||||||||||||||||||
SECURITIES | ' | |||||||||||||||||||||||||||
Securities | ||||||||||||||||||||||||||||
Securities are classified as AFS, held-to-maturity (“HTM”) or trading. Securities classified as trading are discussed in Note 3 on pages 116–130 of this Form 10-Q. Predominantly all of the Firm’s AFS and HTM investment securities (the “investment securities portfolio”) are held by Treasury and CIO in connection with its asset-liability management objectives. At both September 30, 2013, and December 31, 2012, the average credit rating of the debt securities comprising the investment securities portfolio was AA+ (based upon external ratings where available and, where not available, based primarily upon internal ratings which correspond to ratings as defined by S&P and Moody’s). For additional information regarding the investment securities portfolio, see Note 12 on pages 244–248 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||
Realized gains and losses | ||||||||||||||||||||||||||||
The following table presents realized gains and losses and other-than-temporary impairment losses (“OTTI”) from AFS securities that were recognized in income. | ||||||||||||||||||||||||||||
Three months ended | Nine months ended | |||||||||||||||||||||||||||
September 30, | September 30, | |||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||
Realized gains | $ | 268 | $ | 471 | $ | 932 | $ | 2,358 | ||||||||||||||||||||
Realized losses | (223 | ) | (10 | ) | (254 | ) | (308 | ) | ||||||||||||||||||||
Net realized gains(a) | 45 | 461 | 678 | 2,050 | ||||||||||||||||||||||||
Other-than-temporary impairment losses: | ||||||||||||||||||||||||||||
Credit-related(b) | — | (2 | ) | — | (28 | ) | ||||||||||||||||||||||
Securities the Firm intends to sell(c) | (19 | ) | (1 | ) | (19 | ) | (d) | (14 | ) | (d) | ||||||||||||||||||
Total OTTI losses recognized in income | (19 | ) | (3 | ) | (19 | ) | (42 | ) | ||||||||||||||||||||
Net securities gains | $ | 26 | $ | 458 | $ | 659 | $ | 2,008 | ||||||||||||||||||||
(a) | Total proceeds from securities sold were within approximately 1% and 2% of amortized cost for the three and nine months ended September 30, 2013, respectively and within 6% and 4% of amortized cost for the three and nine months ended September 30, 2012, respectively. | |||||||||||||||||||||||||||
(b) | Includes OTTI losses recognized in income on certain prime mortgage-backed securities for the three months ended September 30, 2012; and certain obligations of U.S. states and municipalities and prime mortgage-backed securities for the nine months ended September 30, 2012. | |||||||||||||||||||||||||||
(c) | Represents the excess of the amortized cost over the fair value of certain non-U.S. corporate debt securities and non-U.S. government debt securities for the three and nine months ended September 30, 2013, and certain non-U.S. corporate debt securities, non-U.S. government debt and certain asset-backed securities for the three and nine months ended for September 30, 2012, that the firm intends to sell. | |||||||||||||||||||||||||||
(d) | Excludes realized losses of $6 million on sales of non-U.S. corporate debt and non-U.S. government debt for the nine months ended September 30, 2013, and $24 million on sales of non-U.S. corporate debt, non-U.S. government debt and certain asset-backed securities for the nine months ended September 30, 2012, that had been previously reported as an OTTI loss due to the intention to sell the securities. | |||||||||||||||||||||||||||
The amortized costs and estimated fair values of the investment securities portfolio were as follows for the dates indicated. | ||||||||||||||||||||||||||||
30-Sep-13 | December 31, 2012 | |||||||||||||||||||||||||||
(in millions) | Amortized cost | Gross unrealized gains | Gross unrealized losses | Fair value | Amortized cost | Gross unrealized gains | Gross unrealized losses | Fair value | ||||||||||||||||||||
Available-for-sale debt securities | ||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||
U.S. government agencies(a) | $ | 93,243 | $ | 2,896 | $ | 901 | $ | 95,238 | $ | 93,693 | $ | 4,708 | $ | 13 | $ | 98,388 | ||||||||||||
Residential: | ||||||||||||||||||||||||||||
Prime and Alt-A | 2,715 | 51 | 25 | 2,741 | 1,853 | 83 | 3 | 1,933 | ||||||||||||||||||||
Subprime | 963 | 19 | 2 | 980 | 825 | 28 | — | 853 | ||||||||||||||||||||
Non-U.S. | 60,418 | 1,287 | 5 | 61,700 | 70,358 | 1,524 | 29 | 71,853 | ||||||||||||||||||||
Commercial | 14,090 | 607 | 24 | 14,673 | 12,268 | 948 | 13 | 13,203 | ||||||||||||||||||||
Total mortgage-backed securities | 171,429 | 4,860 | 957 | 175,332 | 178,997 | 7,291 | 58 | 186,230 | ||||||||||||||||||||
U.S. Treasury and government agencies(a) | 22,662 | 331 | 237 | 22,756 | 12,022 | 116 | 8 | 12,130 | ||||||||||||||||||||
Obligations of U.S. states and municipalities | 28,449 | 736 | 932 | 28,253 | 19,876 | 1,845 | 10 | 21,711 | ||||||||||||||||||||
Certificates of deposit | 948 | 2 | 3 | 947 | 2,781 | 4 | 2 | 2,783 | ||||||||||||||||||||
Non-U.S. government debt securities | 54,886 | 928 | 68 | 55,746 | 65,168 | 901 | 25 | 66,044 | ||||||||||||||||||||
Corporate debt securities(b) | 24,813 | 442 | 59 | 25,196 | 37,999 | 694 | 84 | 38,609 | ||||||||||||||||||||
Asset-backed securities: | ||||||||||||||||||||||||||||
Collateralized loan obligations | 28,802 | 273 | 83 | 28,992 | 27,483 | 465 | 52 | 27,896 | ||||||||||||||||||||
Other | 11,771 | 181 | 8 | 11,944 | 12,816 | 166 | 11 | 12,971 | ||||||||||||||||||||
Total available-for-sale debt securities | 343,760 | 7,753 | 2,347 | 349,166 | 357,142 | 11,482 | 250 | 368,374 | ||||||||||||||||||||
Available-for-sale equity securities | 2,858 | 16 | — | 2,874 | 2,750 | 21 | — | 2,771 | ||||||||||||||||||||
Total available-for-sale securities | $ | 346,618 | $ | 7,769 | $ | 2,347 | $ | 352,040 | $ | 359,892 | $ | 11,503 | $ | 250 | $ | 371,145 | ||||||||||||
Total held-to-maturity securities(c) | $ | 4,516 | $ | 78 | $ | — | $ | 4,594 | $ | 7 | $ | 1 | $ | — | $ | 8 | ||||||||||||
(a) | Included total U.S. government-sponsored enterprise obligations with fair values of $84.5 billion and $84.0 billion at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||||
(b) | Consists primarily of bank debt including sovereign government-guaranteed bank debt. | |||||||||||||||||||||||||||
(c) | Consists of MBS issued by U.S. government-sponsored enterprises. | |||||||||||||||||||||||||||
Securities impairment | ||||||||||||||||||||||||||||
The following tables present the fair value and gross unrealized losses for AFS securities by aging category at September 30, 2013, and December 31, 2012. | ||||||||||||||||||||||||||||
Securities with gross unrealized losses | ||||||||||||||||||||||||||||
Less than 12 months | 12 months or more | |||||||||||||||||||||||||||
September 30, 2013 (in millions) | Fair value | Gross unrealized losses | Fair value | Gross unrealized losses | Total fair value | Total gross unrealized losses | ||||||||||||||||||||||
Available-for-sale debt securities | ||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||
U.S. government agencies | $ | 28,047 | $ | 901 | $ | — | $ | — | $ | 28,047 | $ | 901 | ||||||||||||||||
Residential: | ||||||||||||||||||||||||||||
Prime and Alt-A | 1,510 | 25 | — | — | 1,510 | 25 | ||||||||||||||||||||||
Subprime | 170 | 2 | — | — | 170 | 2 | ||||||||||||||||||||||
Non-U.S. | 1,805 | 1 | 210 | 4 | 2,015 | 5 | ||||||||||||||||||||||
Commercial | 2,739 | 24 | — | — | 2,739 | 24 | ||||||||||||||||||||||
Total mortgage-backed securities | 34,271 | 953 | 210 | 4 | 34,481 | 957 | ||||||||||||||||||||||
U.S. Treasury and government agencies | 8,096 | 237 | — | — | 8,096 | 237 | ||||||||||||||||||||||
Obligations of U.S. states and municipalities | 13,538 | 932 | — | — | 13,538 | 932 | ||||||||||||||||||||||
Certificates of deposit | 894 | 3 | — | — | 894 | 3 | ||||||||||||||||||||||
Non-U.S. government debt securities | 8,690 | 62 | 510 | 6 | 9,200 | 68 | ||||||||||||||||||||||
Corporate debt securities | 3,092 | 40 | 1,626 | 19 | 4,718 | 59 | ||||||||||||||||||||||
Asset-backed securities: | ||||||||||||||||||||||||||||
Collateralized loan obligations | 13,788 | 71 | 762 | 12 | 14,550 | 83 | ||||||||||||||||||||||
Other | 2,476 | 8 | — | — | 2,476 | 8 | ||||||||||||||||||||||
Total available-for-sale debt securities | 84,845 | 2,306 | 3,108 | 41 | 87,953 | 2,347 | ||||||||||||||||||||||
Available-for-sale equity securities | — | — | — | — | — | — | ||||||||||||||||||||||
Total securities with gross unrealized losses | $ | 84,845 | $ | 2,306 | $ | 3,108 | $ | 41 | $ | 87,953 | $ | 2,347 | ||||||||||||||||
Securities with gross unrealized losses | ||||||||||||||||||||||||||||
Less than 12 months | 12 months or more | |||||||||||||||||||||||||||
December 31, 2012 (in millions) | Fair value | Gross unrealized losses | Fair value | Gross unrealized losses | Total fair value | Total gross unrealized losses | ||||||||||||||||||||||
Available-for-sale debt securities | ||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||
U.S. government agencies | $ | 2,440 | $ | 13 | $ | — | $ | — | $ | 2,440 | $ | 13 | ||||||||||||||||
Residential: | ||||||||||||||||||||||||||||
Prime and Alt-A | 218 | 2 | 76 | 1 | 294 | 3 | ||||||||||||||||||||||
Subprime | — | — | — | — | — | — | ||||||||||||||||||||||
Non-U.S. | 2,442 | 6 | 734 | 23 | 3,176 | 29 | ||||||||||||||||||||||
Commercial | 1,159 | 8 | 312 | 5 | 1,471 | 13 | ||||||||||||||||||||||
Total mortgage-backed securities | 6,259 | 29 | 1,122 | 29 | 7,381 | 58 | ||||||||||||||||||||||
U.S. Treasury and government agencies | 4,198 | 8 | — | — | 4,198 | 8 | ||||||||||||||||||||||
Obligations of U.S. states and municipalities | 907 | 10 | — | — | 907 | 10 | ||||||||||||||||||||||
Certificates of deposit | 741 | 2 | — | — | 741 | 2 | ||||||||||||||||||||||
Non-U.S. government debt securities | 14,527 | 21 | 1,927 | 4 | 16,454 | 25 | ||||||||||||||||||||||
Corporate debt securities | 2,651 | 10 | 5,641 | 74 | 8,292 | 84 | ||||||||||||||||||||||
Asset-backed securities: | ||||||||||||||||||||||||||||
Collateralized loan obligations | 6,328 | 17 | 2,063 | 35 | 8,391 | 52 | ||||||||||||||||||||||
Other | 2,076 | 7 | 275 | 4 | 2,351 | 11 | ||||||||||||||||||||||
Total available-for-sale debt securities | 37,687 | 104 | 11,028 | 146 | 48,715 | 250 | ||||||||||||||||||||||
Available-for-sale equity securities | — | — | — | — | — | — | ||||||||||||||||||||||
Total securities with gross unrealized losses | $ | 37,687 | $ | 104 | $ | 11,028 | $ | 146 | $ | 48,715 | $ | 250 | ||||||||||||||||
Other-than-temporary impairment | ||||||||||||||||||||||||||||
The following table presents OTTI losses that are included in the securities gains and losses table above. | ||||||||||||||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | |||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||
Debt securities the Firm does not intend to sell that have credit losses | ||||||||||||||||||||||||||||
Total OTTI(a) | $ | — | $ | — | $ | — | $ | (113 | ) | |||||||||||||||||||
Losses recorded in/(reclassified from) AOCI | — | (2 | ) | — | 85 | |||||||||||||||||||||||
Total credit-related losses recognized in income(b)(c) | — | (2 | ) | — | (28 | ) | ||||||||||||||||||||||
Securities the Firm intends to sell(d) | (19 | ) | (1 | ) | (19 | ) | (e) | (14 | ) | (e) | ||||||||||||||||||
Total OTTI losses recognized in income | $ | (19 | ) | $ | (3 | ) | $ | (19 | ) | $ | (42 | ) | ||||||||||||||||
(a) | For initial OTTI, represents the excess of the amortized cost over the fair value of AFS debt securities. For subsequent impairments of the same security, represents additional declines in fair value subsequent to previously recorded OTTI. | |||||||||||||||||||||||||||
(b) | Subsequent credit losses may be recorded on securities without a corresponding further decline in fair value if there has been a decline in expected cash flows. | |||||||||||||||||||||||||||
(c) | Represents the credit loss component on certain prime mortgage-backed securities for the three months ended September 30, 2012; and certain obligations of U. S. states and municipalities and prime mortgage-backed securities for the nine months ended September 30, 2012. | |||||||||||||||||||||||||||
(d) | Represents the excess of the amortized cost over the fair value of certain non-U.S. corporate debt securities and non-U.S. government debt securities for the three and nine months ended September 30, 2013, and certain non-U.S. corporate debt securities, non-U.S. government debt and certain asset-backed securities for the three and nine months ended for September 30, 2012, that the firm intends to sell. | |||||||||||||||||||||||||||
(e) | Excludes realized losses of $6 million on sales of non-U.S. corporate debt, and non-U.S. government debt for the nine months ended September 30, 2013, and $24 million on sales of non-U.S. corporate debt, non-U.S. government debt and certain asset-backed securities for the nine months ended September 30, 2012, that had been previously reported as an OTTI loss due to the intention to sell the securities. | |||||||||||||||||||||||||||
Changes in the credit loss component of credit-impaired debt securities | ||||||||||||||||||||||||||||
The following table presents a rollforward for the three and nine months ended September 30, 2013 and 2012, of the credit loss component of OTTI losses that have been recognized in income related to debt securities that the Firm does not intend to sell. | ||||||||||||||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | |||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||
Balance, beginning of period | $ | 519 | $ | 734 | $ | 522 | $ | 708 | ||||||||||||||||||||
Additions: | ||||||||||||||||||||||||||||
Newly credit-impaired securities | — | — | — | 21 | ||||||||||||||||||||||||
Losses reclassified from other comprehensive income on previously credit-impaired securities | — | 2 | — | 7 | ||||||||||||||||||||||||
Reductions: | ||||||||||||||||||||||||||||
Sales of credit-impaired securities | — | — | (3 | ) | — | |||||||||||||||||||||||
Balance, end of period | $ | 519 | $ | 736 | $ | 519 | $ | 736 | ||||||||||||||||||||
Gross unrealized losses | ||||||||||||||||||||||||||||
Gross unrealized losses have generally increased since December 31, 2012; however, losses on securities that have been in an unrealized loss position for 12 months or more have decreased. The Firm has recognized the unrealized losses on securities it intends to sell. As of September 30, 2013, the Firm does not intend to sell any securities with a loss position in AOCI, and it is not likely that the Firm will be required to sell these securities before recovery of their amortized cost basis. Except for the securities reported in the table above for which credit losses have been recognized in income, the Firm believes that the securities with an unrealized loss in AOCI are not other-than-temporarily impaired as of September 30, 2013. | ||||||||||||||||||||||||||||
Contractual maturities and yields | ||||||||||||||||||||||||||||
The following table presents the amortized cost and estimated fair value at September 30, 2013, of JPMorgan Chase’s investment securities portfolio by contractual maturity. | ||||||||||||||||||||||||||||
By remaining maturity | Due in one | Due after one year through five years | Due after five years through 10 years | Due after | Total | |||||||||||||||||||||||
30-Sep-13 | year or less | 10 years(c) | ||||||||||||||||||||||||||
(in millions) | ||||||||||||||||||||||||||||
Available-for-sale debt securities | ||||||||||||||||||||||||||||
Mortgage-backed securities(a) | ||||||||||||||||||||||||||||
Amortized cost | $ | 212 | $ | 13,512 | $ | 8,570 | $ | 149,135 | $ | 171,429 | ||||||||||||||||||
Fair value | 213 | 13,936 | 8,823 | 152,360 | 175,332 | |||||||||||||||||||||||
Average yield(b) | 2.16 | % | 2.11 | % | 2.87 | % | 3.07 | % | 2.98 | % | ||||||||||||||||||
U.S. Treasury and government agencies(a) | ||||||||||||||||||||||||||||
Amortized cost | $ | 8,519 | $ | 11,495 | $ | 1,745 | $ | 903 | $ | 22,662 | ||||||||||||||||||
Fair value | 8,535 | 11,512 | 1,752 | 957 | 22,756 | |||||||||||||||||||||||
Average yield(b) | 0.59 | % | 0.42 | % | 0.66 | % | 0.78 | % | 0.52 | % | ||||||||||||||||||
Obligations of U.S. states and municipalities | ||||||||||||||||||||||||||||
Amortized cost | $ | 15 | $ | 468 | $ | 1,587 | $ | 26,379 | $ | 28,449 | ||||||||||||||||||
Fair value | 15 | 494 | 1,617 | 26,127 | 28,253 | |||||||||||||||||||||||
Average yield(b) | 1.51 | % | 5.13 | % | 4.21 | % | 6.03 | % | 5.91 | % | ||||||||||||||||||
Certificates of deposit | ||||||||||||||||||||||||||||
Amortized cost | $ | 897 | $ | 51 | $ | — | $ | — | $ | 948 | ||||||||||||||||||
Fair value | 894 | 53 | — | — | 947 | |||||||||||||||||||||||
Average yield(b) | 7.12 | % | 3.28 | % | — | % | — | % | 6.91 | % | ||||||||||||||||||
Non-U.S. government debt securities | ||||||||||||||||||||||||||||
Amortized cost | $ | 10,366 | $ | 17,101 | $ | 25,178 | $ | 2,241 | $ | 54,886 | ||||||||||||||||||
Fair value | 10,385 | 17,306 | 25,698 | 2,357 | 55,746 | |||||||||||||||||||||||
Average yield(b) | 2.3 | % | 2.3 | % | 1.33 | % | 1.72 | % | 1.83 | % | ||||||||||||||||||
Corporate debt securities | ||||||||||||||||||||||||||||
Amortized cost | $ | 3,530 | $ | 15,041 | $ | 6,190 | $ | 52 | $ | 24,813 | ||||||||||||||||||
Fair value | 3,532 | 15,355 | 6,258 | 51 | 25,196 | |||||||||||||||||||||||
Average yield(b) | 2.15 | % | 2.33 | % | 2.63 | % | 2.34 | % | 2.38 | % | ||||||||||||||||||
Asset-backed securities | ||||||||||||||||||||||||||||
Amortized cost | $ | — | $ | 2,186 | $ | 15,674 | $ | 22,713 | $ | 40,573 | ||||||||||||||||||
Fair value | — | 2,210 | 15,823 | 22,903 | 40,936 | |||||||||||||||||||||||
Average yield(b) | — | % | 1.87 | % | 1.74 | % | 1.81 | % | 1.79 | % | ||||||||||||||||||
Total available-for-sale debt securities | ||||||||||||||||||||||||||||
Amortized cost | $ | 23,539 | $ | 59,854 | $ | 58,944 | $ | 201,423 | $ | 343,760 | ||||||||||||||||||
Fair value | 23,574 | 60,866 | 59,971 | 204,755 | 349,166 | |||||||||||||||||||||||
Average yield(b) | 1.84 | % | 1.91 | % | 1.86 | % | 3.29 | % | 2.7 | % | ||||||||||||||||||
Available-for-sale equity securities | ||||||||||||||||||||||||||||
Amortized cost | $ | — | $ | — | $ | — | $ | 2,858 | $ | 2,858 | ||||||||||||||||||
Fair value | — | — | — | 2,874 | 2,874 | |||||||||||||||||||||||
Average yield(b) | — | % | — | % | — | % | 0.21 | % | 0.21 | % | ||||||||||||||||||
Total available-for-sale securities | ||||||||||||||||||||||||||||
Amortized cost | $ | 23,539 | $ | 59,854 | $ | 58,944 | $ | 204,281 | $ | 346,618 | ||||||||||||||||||
Fair value | 23,574 | 60,866 | 59,971 | 207,629 | 352,040 | |||||||||||||||||||||||
Average yield(b) | 1.84 | % | 1.91 | % | 1.86 | % | 3.25 | % | 2.68 | % | ||||||||||||||||||
Total held-to-maturity securities | ||||||||||||||||||||||||||||
Amortized cost | $ | — | $ | 4 | $ | 1 | $ | 4,511 | $ | 4,516 | ||||||||||||||||||
Fair value | — | 4 | 1 | 4,589 | 4,594 | |||||||||||||||||||||||
Average yield(b) | — | % | 6.87 | % | 6.59 | % | 3.55 | % | 3.56 | % | ||||||||||||||||||
(a) | U.S. government-sponsored enterprises were the only issuers whose securities exceeded 10% of JPMorgan Chase’s total stockholders’ equity at September 30, 2013. | |||||||||||||||||||||||||||
(b) | Average yield is computed using the effective yield of each security owned at the end of the period, weighted based on the amortized cost of each security. The effective yield considers the contractual coupon, amortization of premiums and accretion of discounts, and the effect of related hedging derivatives. Taxable-equivalent amounts are used where applicable. The effective yield excludes unscheduled principal prepayments; and accordingly, actual maturities of securities may differ from their contractual or expected maturities as certain securities may be prepaid. | |||||||||||||||||||||||||||
(c) | Includes securities with no stated maturity. Substantially all of the Firm’s residential mortgage-backed securities and collateralized mortgage obligations are due in 10 years or more, based on contractual maturity. The estimated duration, which reflects anticipated future prepayments based on a consensus of dealers in the market, is approximately five years for agency residential mortgage-backed securities, three years for agency residential collateralized mortgage obligations and three years for nonagency residential collateralized mortgage obligations. |
Securities_Financing_Activitie
Securities Financing Activities | 9 Months Ended | |||||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||||
Securities Financing Transactions Disclosures [Abstract] | ' | |||||||||||||||||||||||||||
Securities financing activities | ' | |||||||||||||||||||||||||||
Securities financing activities | ||||||||||||||||||||||||||||
For a discussion of accounting policies relating to securities financing activities, see Note 13 on page 249 of JPMorgan Chase’s 2012 Annual Report. For further information regarding securities borrowed and securities lending agreements for which the fair value option has been elected, see Note 4 on pages 130–132 of this Form 10-Q. For further information regarding assets pledged and collateral received in securities financing agreements, see Note 22 on page 200 of this Form 10-Q. | ||||||||||||||||||||||||||||
The following table presents as of September 30, 2013, and December 31, 2012, the gross and net securities purchased under resale agreements and securities borrowed. Securities purchased under resale agreements have been presented on the Consolidated Balance Sheets net of securities sold under repurchase agreements where the Firm has obtained an appropriate legal opinion with respect to the master netting agreement, and where the other relevant criteria have been met. Where such a legal opinion has not been either sought or obtained, the securities purchased under resale agreements are not eligible for netting and are shown separately in the table below. Securities borrowed are presented on a gross basis on the Consolidated Balance Sheets. | ||||||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||||||
(in millions) | Gross asset balance | Amounts netted on the Consolidated Balance Sheets | Net asset balance | Gross asset balance | Amounts netted on the Consolidated Balance Sheets | Net asset balance | ||||||||||||||||||||||
Securities purchased under resale agreements | ||||||||||||||||||||||||||||
Securities purchased under resale agreements with an appropriate legal opinion | $ | 343,943 | $ | (115,693 | ) | $ | 228,250 | $ | 381,377 | $ | (96,947 | ) | $ | 284,430 | ||||||||||||||
Securities purchased under resale agreements where an appropriate legal opinion has not been either sought or obtained | 7,225 | 7,225 | 10,983 | 10,983 | ||||||||||||||||||||||||
Total securities purchased under resale agreements | $ | 351,168 | $ | (115,693 | ) | $ | 235,475 | (a) | $ | 392,360 | $ | (96,947 | ) | $ | 295,413 | (a) | ||||||||||||
Securities borrowed | $ | 122,438 | N/A | $ | 122,438 | (b)(c) | $ | 119,017 | N/A | $ | 119,017 | (b)(c) | ||||||||||||||||
(a) | At September 30, 2013, and December 31, 2012, included securities purchased under resale agreements of $25.7 billion and $24.3 billion, respectively, accounted for at fair value. | |||||||||||||||||||||||||||
(b) | At September 30, 2013, and December 31, 2012, included securities borrowed of $5.5 billion and $10.2 billion, respectively, accounted for at fair value. | |||||||||||||||||||||||||||
(c) | Included $18.6 billion and $20.2 billion at September 30, 2013, and December 31, 2012, respectively, of securities borrowed where an appropriate legal opinion has not been either sought or obtained with respect to the master netting agreement. The prior period amounts have been revised with a corresponding impact in the table below. This revision had no impact on the Firm’s Consolidated Balance Sheets or its results of operations. | |||||||||||||||||||||||||||
The following table presents information as of September 30, 2013, and December 31, 2012, regarding the securities purchased under resale agreements and securities borrowed for which an appropriate legal opinion has been obtained with respect to the master netting agreement. The below table excludes information related to resale agreements and securities borrowed where such a legal opinion has not been either sought or obtained. | ||||||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | |||||||||||||||||||||||||||
Amounts not nettable on the Consolidated Balance Sheets(a) | Amounts not nettable on the Consolidated Balance Sheets(a) | |||||||||||||||||||||||||||
(in millions) | Net asset balance | Financial instruments(b) | Cash collateral | Net exposure | Net asset balance | Financial instruments(b) | Cash collateral | Net exposure | ||||||||||||||||||||
Securities purchased under resale agreements with an appropriate legal opinion | $ | 228,250 | $ | (223,630 | ) | $ | (51 | ) | $ | 4,569 | $ | 284,430 | $ | (282,468 | ) | $ | (998 | ) | $ | 964 | ||||||||
Securities borrowed | $ | 103,822 | $ | (99,556 | ) | $ | (28 | ) | $ | 4,238 | $ | 98,807 | $ | (94,858 | ) | $ | — | $ | 3,949 | |||||||||
(a) | For some counterparties, the sum of the financial instruments and cash collateral not nettable on the Consolidated Balance Sheets may exceed the net asset balance. Where this is the case the total amounts reported in these two columns are limited to the balance of the net reverse repurchase agreement or securities borrowed asset with that counterparty. As a result a net exposure amount is reported even though the Firm, on a portfolio-wide basis for both its securities purchased under resale agreements and securities borrowed portfolios, has received securities collateral with a total fair value that is greater than the funds provided to counterparties. | |||||||||||||||||||||||||||
(b) | Includes financial instrument collateral received, repurchase liabilities and securities loaned liabilities with an appropriate legal opinion with respect to the master netting agreement; these amounts are not presented net on the Consolidated Balance Sheets because other U.S. GAAP netting criteria are not met. | |||||||||||||||||||||||||||
The following table presents as of September 30, 2013, and December 31, 2012, the gross and net securities sold under repurchase agreements and securities loaned. Securities sold under repurchase agreements have been presented on the Consolidated Balance Sheets net of securities purchased under resale agreements where the Firm has obtained an appropriate legal opinion with respect to the master netting agreement, and where the other relevant criteria have been met. Where such a legal opinion has not been either sought or obtained, the securities sold under repurchase agreements are not eligible for netting and are shown separately in the table below. Securities loaned are presented on a gross basis on the Consolidated Balance Sheets. | ||||||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||||||
(in millions) | Gross liability balance | Amounts netted on the Consolidated Balance Sheets | Net liability balance | Gross liability balance | Amounts netted on the Consolidated Balance Sheets | Net liability balance | ||||||||||||||||||||||
Securities sold under repurchase agreements | ||||||||||||||||||||||||||||
Securities sold under repurchase agreements with an appropriate legal opinion | $ | 304,070 | $ | (115,693 | ) | $ | 188,377 | $ | 301,352 | $ | (96,947 | ) | $ | 204,405 | ||||||||||||||
Securities sold under repurchase agreements where an appropriate legal opinion has not been either sought or obtained(a) | 7,579 | 7,579 | 11,155 | 11,155 | ||||||||||||||||||||||||
Total securities sold under repurchase agreements | $ | 311,649 | $ | (115,693 | ) | $ | 195,956 | (c) | $ | 312,507 | $ | (96,947 | ) | $ | 215,560 | (c) | ||||||||||||
Securities loaned(b) | $ | 27,523 | N/A | $ | 27,523 | (d)(e) | $ | 30,458 | N/A | $ | 30,458 | (d)(e) | ||||||||||||||||
(a) | Includes repurchase agreements that are not subject to a master netting agreement but do provide rights to collateral. | |||||||||||||||||||||||||||
(b) | Included securities-for-securities borrow vs. pledge transactions of $6.4 billion and $6.9 billion at September 30, 2013, and December 31, 2012, respectively, when acting as lender and as presented within other liabilities in the Consolidated Balance Sheets. | |||||||||||||||||||||||||||
(c) | At September 30, 2013, and December 31, 2012, included securities sold under repurchase agreements of $5.5 billion and $3.9 billion, respectively, accounted for at fair value. | |||||||||||||||||||||||||||
(d) | At September 30, 2013, and December 31, 2012, included securities loaned of $472 million and $457 million, respectively, accounted for at fair value. | |||||||||||||||||||||||||||
(e) | Included $43 million and $889 million at September 30, 2013, and December 31, 2012, respectively, of securities loaned where an appropriate legal opinion has not been either sought or obtained with respect to the master netting agreement. | |||||||||||||||||||||||||||
The following table presents information as of September 30, 2013, and December 31, 2012, regarding the securities sold under repurchase agreements and securities loaned for which an appropriate legal opinion has been obtained with respect to the master netting agreement. The below table excludes information related to repurchase agreements and securities loaned where such a legal opinion has not been either sought or obtained. | ||||||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | |||||||||||||||||||||||||||
Amounts not nettable on the Consolidated balance sheets(a) | Amounts not nettable on the Consolidated balance sheets(a) | |||||||||||||||||||||||||||
(in millions) | Net liability balance | Financial instruments(b) | Cash collateral | Net amount(c) | Net liability balance | Financial instruments(b) | Cash collateral | Net amount(c) | ||||||||||||||||||||
Securities sold under repurchase agreements with an appropriate legal opinion | $ | 188,377 | $ | (186,945 | ) | $ | (164 | ) | $ | 1,268 | $ | 204,405 | $ | (202,925 | ) | $ | (162 | ) | $ | 1,318 | ||||||||
Securities loaned | $ | 27,480 | $ | (27,051 | ) | $ | — | $ | 429 | $ | 29,569 | $ | (28,465 | ) | $ | — | $ | 1,104 | ||||||||||
(a) | For some counterparties the sum of the financial instruments and cash collateral not nettable on the Consolidated Balance Sheets may exceed the net liability balance. Where this is the case the total amounts reported in these two columns are limited to the balance of the net repurchase agreement or securities loaned liability with that counterparty. | |||||||||||||||||||||||||||
(b) | Includes financial instrument collateral transferred, reverse repurchase assets and securities borrowed assets with an appropriate legal opinion with respect to the master netting agreement; these amounts are not presented net on the Consolidated Balance Sheets because other U.S. GAAP netting criteria are not met. | |||||||||||||||||||||||||||
(c) | Net amount represents exposure of counterparties to the Firm. | |||||||||||||||||||||||||||
Transfers not qualifying for sale accounting | ||||||||||||||||||||||||||||
In addition, at September 30, 2013, and December 31, 2012, the Firm held $12.8 billion and $9.6 billion, respectively, of financial assets for which the rights have been transferred to third parties; however, the transfers did not qualify as a sale in accordance with U.S. GAAP. These transfers have been recognized as collateralized financing transactions. The transferred assets are recorded in trading assets, other assets and loans, and the corresponding liabilities are recorded in other borrowed funds, accounts payable and other liabilities, and long-term debt, on the Consolidated Balance Sheets. |
Loans
Loans | 9 Months Ended | |||||||||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||
Loans and Leases Receivable Disclosure [Line Items] | ' | |||||||||||||||||||||||||||||||||||||||||
Loans, Notes, Trade and Other Receivables, Excluding Allowance for Credit Losses [Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
Loans | ||||||||||||||||||||||||||||||||||||||||||
Loan accounting framework | ||||||||||||||||||||||||||||||||||||||||||
The accounting for a loan depends on management’s strategy for the loan, and on whether the loan was credit-impaired at the date of acquisition. The Firm accounts for loans based on the following categories: | ||||||||||||||||||||||||||||||||||||||||||
• | Originated or purchased loans held-for-investment (i.e., “retained”), other than purchased credit-impaired (“PCI”) loans | |||||||||||||||||||||||||||||||||||||||||
• | Loans held-for-sale | |||||||||||||||||||||||||||||||||||||||||
• | Loans at fair value | |||||||||||||||||||||||||||||||||||||||||
• | PCI loans held-for-investment | |||||||||||||||||||||||||||||||||||||||||
For a detailed discussion of loans, including accounting policies, see Note 14 on pages 250–275 of JPMorgan Chase’s 2012 Annual Report. See Note 4 on pages 130–132 of this Form 10-Q for further information on the Firm’s elections of fair value accounting under the fair value option. See Note 3 on pages 116–130 of this Form 10-Q for further information on loans carried at fair value and classified as trading assets. | ||||||||||||||||||||||||||||||||||||||||||
Loan portfolio | ||||||||||||||||||||||||||||||||||||||||||
The Firm’s loan portfolio is divided into three portfolio segments, which are the same segments used by the Firm to determine the allowance for loan losses: Consumer, excluding credit card; Credit card; and Wholesale. Within each portfolio segment, the Firm monitors and assesses the credit risk in the following classes of loans, based on the risk characteristics of each loan class: | ||||||||||||||||||||||||||||||||||||||||||
Consumer, excluding | Credit card | Wholesale(c) | ||||||||||||||||||||||||||||||||||||||||
credit card(a) | ||||||||||||||||||||||||||||||||||||||||||
Residential real estate – excluding PCI | • Credit card loans | • Commercial and industrial | ||||||||||||||||||||||||||||||||||||||||
• Home equity – senior lien | • Real estate | |||||||||||||||||||||||||||||||||||||||||
• Home equity – junior lien | • Financial institutions | |||||||||||||||||||||||||||||||||||||||||
• Prime mortgage, including | • Government agencies | |||||||||||||||||||||||||||||||||||||||||
option ARMs | • Other | |||||||||||||||||||||||||||||||||||||||||
• Subprime mortgage | ||||||||||||||||||||||||||||||||||||||||||
Other consumer loans | ||||||||||||||||||||||||||||||||||||||||||
• Auto(b) | ||||||||||||||||||||||||||||||||||||||||||
• Business banking(b) | ||||||||||||||||||||||||||||||||||||||||||
• Student and other | ||||||||||||||||||||||||||||||||||||||||||
Residential real estate – PCI | ||||||||||||||||||||||||||||||||||||||||||
• Home equity | ||||||||||||||||||||||||||||||||||||||||||
• Prime mortgage | ||||||||||||||||||||||||||||||||||||||||||
• Subprime mortgage | ||||||||||||||||||||||||||||||||||||||||||
• Option ARMs | ||||||||||||||||||||||||||||||||||||||||||
(a) | Includes loans held in CCB, and prime mortgage loans held in the Asset Management (“AM”) business segment and in Corporate/Private Equity. | |||||||||||||||||||||||||||||||||||||||||
(b) | Includes certain business banking and auto dealer risk-rated loans that apply the wholesale methodology for determining the allowance for loan losses; these loans are managed by CCB, and therefore, for consistency in presentation, are included with the other consumer loan classes. | |||||||||||||||||||||||||||||||||||||||||
(c) | Includes loans held in CIB, Commercial Banking (“CB”) and AM business segments and in Corporate/Private Equity. | |||||||||||||||||||||||||||||||||||||||||
The following tables summarize the Firm’s loan balances by portfolio segment. | ||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | Consumer, excluding credit card | Credit card(a) | Wholesale | Total | ||||||||||||||||||||||||||||||||||||||
(in millions) | ||||||||||||||||||||||||||||||||||||||||||
Retained | $ | 288,211 | $ | 123,672 | $ | 310,588 | $ | 722,471 | (b) | |||||||||||||||||||||||||||||||||
Held-for-sale | 139 | 310 | 3,674 | 4,123 | ||||||||||||||||||||||||||||||||||||||
At fair value | — | — | 2,085 | 2,085 | ||||||||||||||||||||||||||||||||||||||
Total | $ | 288,350 | $ | 123,982 | $ | 316,347 | $ | 728,679 | ||||||||||||||||||||||||||||||||||
31-Dec-12 | Consumer, excluding credit card | Credit card(a) | Wholesale | Total | ||||||||||||||||||||||||||||||||||||||
(in millions) | ||||||||||||||||||||||||||||||||||||||||||
Retained | $ | 292,620 | $ | 127,993 | $ | 306,222 | $ | 726,835 | (b) | |||||||||||||||||||||||||||||||||
Held-for-sale | — | — | 4,406 | 4,406 | ||||||||||||||||||||||||||||||||||||||
At fair value | — | — | 2,555 | 2,555 | ||||||||||||||||||||||||||||||||||||||
Total | $ | 292,620 | $ | 127,993 | $ | 313,183 | $ | 733,796 | ||||||||||||||||||||||||||||||||||
(a) | Includes billed finance charges and fees net of an allowance for uncollectible amounts. | |||||||||||||||||||||||||||||||||||||||||
(b) | Loans (other than PCI loans and those for which the fair value option has been elected) are presented net of unearned income, unamortized discounts and premiums, and net deferred loan costs of $2.1 billion and $2.5 billion at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||||||||||||||||||
The following tables provide information about the carrying value of retained loans purchased, sold and reclassified to held-for-sale during the periods indicated. These tables exclude loans recorded at fair value. The Firm manages its exposure to credit risk on an ongoing basis. Selling loans is one way that the Firm reduces its credit exposures. | ||||||||||||||||||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||||||||||||||||
Three months ended | Consumer, excluding credit card | Credit card | Wholesale | Total | Consumer, excluding credit card | Credit card | Wholesale | Total | ||||||||||||||||||||||||||||||||||
September 30, | ||||||||||||||||||||||||||||||||||||||||||
(in millions) | ||||||||||||||||||||||||||||||||||||||||||
Purchases | $ | 1,632 | (a) | $ | — | $ | 184 | $ | 1,816 | $ | 1,559 | (a) | $ | — | $ | 116 | $ | 1,675 | ||||||||||||||||||||||||
Sales | 1,152 | — | 854 | 2,006 | 378 | — | 620 | 998 | ||||||||||||||||||||||||||||||||||
Retained loans reclassified to held-for-sale | 28 | 309 | 206 | 543 | — | — | 204 | 204 | ||||||||||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||||||||||||||||
Nine months ended | Consumer, excluding credit card | Credit card | Wholesale | Total | Consumer, excluding credit card | Credit card | Wholesale | Total | ||||||||||||||||||||||||||||||||||
September 30, | ||||||||||||||||||||||||||||||||||||||||||
(in millions) | ||||||||||||||||||||||||||||||||||||||||||
Purchases | $ | 5,847 | (a) | $ | 328 | $ | 470 | $ | 6,645 | $ | 5,172 | (a) | $ | — | $ | 690 | $ | 5,862 | ||||||||||||||||||||||||
Sales | 3,814 | — | 3,432 | 7,246 | 1,720 | — | 2,292 | 4,012 | ||||||||||||||||||||||||||||||||||
Retained loans reclassified to held-for-sale | 736 | 309 | 1,227 | 2,272 | — | 1,043 | 321 | 1,364 | ||||||||||||||||||||||||||||||||||
(a) | Excluded retained loans purchased from correspondents that were originated in accordance with the Firm’s underwriting standards. Such purchases were $2.0 billion and $378 million for the three months ended September 30, 2013 and 2012, respectively, and $4.2 billion and $769 million for the nine months ended September 30, 2013 and 2012, respectively. | |||||||||||||||||||||||||||||||||||||||||
The following table provides information about gains/(losses) on loan sales by portfolio segment. | ||||||||||||||||||||||||||||||||||||||||||
Three months ended | Nine months ended | |||||||||||||||||||||||||||||||||||||||||
September 30, | September 30, | |||||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||||||
Net gains/(losses) on sales of loans (including lower of cost or fair value adjustments)(a) | ||||||||||||||||||||||||||||||||||||||||||
Consumer, excluding credit card | $ | 32 | $ | 49 | $ | 288 | $ | 123 | ||||||||||||||||||||||||||||||||||
Credit card | 3 | — | 3 | (12 | ) | |||||||||||||||||||||||||||||||||||||
Wholesale | (15 | ) | 59 | (22 | ) | 127 | ||||||||||||||||||||||||||||||||||||
Total net gains/(losses) on sales of loans (including lower of cost or fair value adjustments) | $ | 20 | $ | 108 | $ | 269 | $ | 238 | ||||||||||||||||||||||||||||||||||
(a) | Excludes sales related to loans accounted for at fair value. | |||||||||||||||||||||||||||||||||||||||||
Consumer, excluding credit card | ' | |||||||||||||||||||||||||||||||||||||||||
Loans and Leases Receivable Disclosure [Line Items] | ' | |||||||||||||||||||||||||||||||||||||||||
Loans, Notes, Trade and Other Receivables, Excluding Allowance for Credit Losses [Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
Consumer, excluding credit card loan portfolio | ||||||||||||||||||||||||||||||||||||||||||
Consumer loans, excluding credit card loans, consist primarily of residential mortgages, home equity loans and lines of credit, auto loans, business banking loans, and student and other loans, with a focus on serving the prime consumer credit market. The portfolio also includes home equity loans secured by junior liens, prime mortgage loans with an interest-only payment period, and certain payment-option loans originated by Washington Mutual that may result in negative amortization. | ||||||||||||||||||||||||||||||||||||||||||
The table below provides information about retained consumer loans, excluding credit card, by class. | ||||||||||||||||||||||||||||||||||||||||||
(in millions) | September 30, | December 31, | ||||||||||||||||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||||||||||||||||
Residential real estate – | ||||||||||||||||||||||||||||||||||||||||||
excluding PCI | ||||||||||||||||||||||||||||||||||||||||||
Home equity: | ||||||||||||||||||||||||||||||||||||||||||
Senior lien | $ | 17,621 | $ | 19,385 | ||||||||||||||||||||||||||||||||||||||
Junior lien | 42,204 | 48,000 | ||||||||||||||||||||||||||||||||||||||||
Mortgages: | ||||||||||||||||||||||||||||||||||||||||||
Prime, including option ARMs | 85,067 | 76,256 | ||||||||||||||||||||||||||||||||||||||||
Subprime | 7,376 | 8,255 | ||||||||||||||||||||||||||||||||||||||||
Other consumer loans | ||||||||||||||||||||||||||||||||||||||||||
Auto | 50,810 | 49,913 | ||||||||||||||||||||||||||||||||||||||||
Business banking | 18,710 | 18,883 | ||||||||||||||||||||||||||||||||||||||||
Student and other | 11,664 | 12,191 | ||||||||||||||||||||||||||||||||||||||||
Residential real estate – PCI | ||||||||||||||||||||||||||||||||||||||||||
Home equity | 19,411 | 20,971 | ||||||||||||||||||||||||||||||||||||||||
Prime mortgage | 12,487 | 13,674 | ||||||||||||||||||||||||||||||||||||||||
Subprime mortgage | 4,297 | 4,626 | ||||||||||||||||||||||||||||||||||||||||
Option ARMs | 18,564 | 20,466 | ||||||||||||||||||||||||||||||||||||||||
Total retained loans | $ | 288,211 | $ | 292,620 | ||||||||||||||||||||||||||||||||||||||
Delinquency rates are a primary credit quality indicator for consumer loans, excluding credit card. Other indicators that are taken into consideration for consumer loans, excluding credit card, include: | ||||||||||||||||||||||||||||||||||||||||||
• | For residential real estate loans, including both non-PCI and PCI portfolios, the current estimated LTV ratio, or the combined LTV ratio in the case of junior lien loans; the geographic distribution of the loan collateral; and the borrower’s current or “refreshed” FICO score. | |||||||||||||||||||||||||||||||||||||||||
• | For scored auto, scored business banking and student loans, the geographic distribution of the loans. | |||||||||||||||||||||||||||||||||||||||||
• | For risk-rated business banking and auto loans, the risk rating of the loan; the geographic considerations relevant to the loan; and whether the loan is considered to be criticized and/or nonaccrual. | |||||||||||||||||||||||||||||||||||||||||
• | For all business banking loans, the industry specific conditions relevant to the loans. | |||||||||||||||||||||||||||||||||||||||||
For further information on consumer credit quality indicators, see Note 14 on pages 250–275 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||||||||||||||||
Residential real estate – excluding PCI loans | ||||||||||||||||||||||||||||||||||||||||||
The following table provides information by class for residential real estate – excluding retained PCI loans in the consumer, excluding credit card, portfolio segment. | ||||||||||||||||||||||||||||||||||||||||||
The following factors should be considered in analyzing certain credit statistics applicable to the Firm’s residential real estate – excluding PCI loans portfolio: (i) junior lien home equity loans may be fully charged off when the loan becomes 180 days past due, and the value of the collateral does not support the repayment of the loan, resulting in relatively high charge-off rates for this product class; and (ii) the lengthening of loss-mitigation timelines may result in higher delinquency rates for loans carried at the net realizable value of the collateral that remain on the Firm’s Consolidated Balance Sheets. | ||||||||||||||||||||||||||||||||||||||||||
Residential real estate – excluding PCI loans | ||||||||||||||||||||||||||||||||||||||||||
Home equity | ||||||||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | Senior lien | Junior lien | ||||||||||||||||||||||||||||||||||||||||
September 30, | December 31, | September 30, | December 31, | |||||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||||
Loan delinquency(a) | ||||||||||||||||||||||||||||||||||||||||||
Current | $ | 16,987 | $ | 18,688 | $ | 41,334 | $ | 46,805 | ||||||||||||||||||||||||||||||||||
30–149 days past due | 282 | 330 | 648 | 960 | ||||||||||||||||||||||||||||||||||||||
150 or more days past due | 352 | 367 | 222 | 235 | ||||||||||||||||||||||||||||||||||||||
Total retained loans | $ | 17,621 | $ | 19,385 | $ | 42,204 | $ | 48,000 | ||||||||||||||||||||||||||||||||||
% of 30+ days past due to total retained loans | 3.6 | % | 3.6 | % | 2.06 | % | 2.49 | % | ||||||||||||||||||||||||||||||||||
90 or more days past due and still accruing | $ | — | $ | — | $ | — | $ | — | ||||||||||||||||||||||||||||||||||
90 or more days past due and government guaranteed(b) | — | — | — | — | ||||||||||||||||||||||||||||||||||||||
Nonaccrual loans | 926 | 931 | 1,922 | 2,277 | ||||||||||||||||||||||||||||||||||||||
Current estimated LTV ratios(c)(d)(e) | ||||||||||||||||||||||||||||||||||||||||||
Greater than 125% and refreshed FICO scores: | ||||||||||||||||||||||||||||||||||||||||||
Equal to or greater than 660 | $ | 59 | $ | 197 | $ | 1,632 | $ | 4,561 | ||||||||||||||||||||||||||||||||||
Less than 660 | 33 | 93 | 504 | 1,338 | ||||||||||||||||||||||||||||||||||||||
101% to 125% and refreshed FICO scores: | ||||||||||||||||||||||||||||||||||||||||||
Equal to or greater than 660 | 262 | 491 | 5,285 | 7,089 | ||||||||||||||||||||||||||||||||||||||
Less than 660 | 123 | 191 | 1,584 | 1,971 | ||||||||||||||||||||||||||||||||||||||
80% to 100% and refreshed FICO scores: | ||||||||||||||||||||||||||||||||||||||||||
Equal to or greater than 660 | 983 | 1,502 | 8,388 | 9,604 | ||||||||||||||||||||||||||||||||||||||
Less than 660 | 353 | 485 | 2,206 | 2,279 | ||||||||||||||||||||||||||||||||||||||
Less than 80% and refreshed FICO scores: | ||||||||||||||||||||||||||||||||||||||||||
Equal to or greater than 660 | 13,403 | 13,988 | 19,324 | 18,252 | ||||||||||||||||||||||||||||||||||||||
Less than 660 | 2,405 | 2,438 | 3,281 | 2,906 | ||||||||||||||||||||||||||||||||||||||
U.S. government-guaranteed | — | — | — | — | ||||||||||||||||||||||||||||||||||||||
Total retained loans | $ | 17,621 | $ | 19,385 | $ | 42,204 | $ | 48,000 | ||||||||||||||||||||||||||||||||||
Geographic region | ||||||||||||||||||||||||||||||||||||||||||
California | $ | 2,469 | $ | 2,786 | $ | 9,597 | $ | 10,969 | ||||||||||||||||||||||||||||||||||
New York | 2,785 | 2,847 | 8,699 | 9,753 | ||||||||||||||||||||||||||||||||||||||
Illinois | 1,280 | 1,358 | 2,910 | 3,265 | ||||||||||||||||||||||||||||||||||||||
Florida | 865 | 892 | 2,238 | 2,572 | ||||||||||||||||||||||||||||||||||||||
Texas | 2,134 | 2,508 | 1,250 | 1,503 | ||||||||||||||||||||||||||||||||||||||
New Jersey | 639 | 652 | 2,512 | 2,838 | ||||||||||||||||||||||||||||||||||||||
Arizona | 1,053 | 1,183 | 1,892 | 2,151 | ||||||||||||||||||||||||||||||||||||||
Washington | 575 | 651 | 1,432 | 1,629 | ||||||||||||||||||||||||||||||||||||||
Michigan | 824 | 910 | 1,015 | 1,169 | ||||||||||||||||||||||||||||||||||||||
Ohio | 1,342 | 1,514 | 945 | 1,091 | ||||||||||||||||||||||||||||||||||||||
All other(f) | 3,655 | 4,084 | 9,714 | 11,060 | ||||||||||||||||||||||||||||||||||||||
Total retained loans | $ | 17,621 | $ | 19,385 | $ | 42,204 | $ | 48,000 | ||||||||||||||||||||||||||||||||||
(a) | Individual delinquency classifications included mortgage loans insured by U.S. government agencies as follows: current included $4.0 billion and $3.8 billion; 30–149 days past due included $2.3 billion and $2.3 billion; and 150 or more days past due included $7.6 billion and $9.5 billion at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||||||||||||||||||
(b) | These balances, which are 90 days or more past due but insured by U.S. government agencies, are excluded from nonaccrual loans. In predominately all cases, 100% of the principal balance of the loans is insured and interest is guaranteed at a specified reimbursement rate subject to meeting agreed-upon servicing guidelines. These amounts are excluded from nonaccrual loans because reimbursement of insured and guaranteed amounts is proceeding normally. At September 30, 2013, and December 31, 2012, these balances included $5.5 billion and $6.8 billion, respectively, of loans that are no longer accruing interest because interest has been curtailed by the U.S. government agencies although, in predominantly all cases, 100% of the principal is still insured. For the remaining balance, interest is being accrued at the guaranteed reimbursement rate. | |||||||||||||||||||||||||||||||||||||||||
(c) | Represents the aggregate unpaid principal balance of loans divided by the estimated current property value. Current property values are estimated, at a minimum, quarterly, based on home valuation models using nationally recognized home price index valuation estimates incorporating actual data to the extent available and forecasted data where actual data is not available. These property values do not represent actual appraised loan level collateral values; as such, the resulting ratios are necessarily imprecise and should be viewed as estimates. | |||||||||||||||||||||||||||||||||||||||||
(d) | Junior lien represents combined LTV, which considers all available lien positions related to the property. All other products are presented without consideration of subordinate liens on the property. | |||||||||||||||||||||||||||||||||||||||||
(e) | Refreshed FICO scores represent each borrower’s most recent credit score, which is obtained by the Firm on at least a quarterly basis. | |||||||||||||||||||||||||||||||||||||||||
(f) | At September 30, 2013, and December 31, 2012, included mortgage loans insured by U.S. government agencies of $13.9 billion and $15.6 billion, respectively. | |||||||||||||||||||||||||||||||||||||||||
(g) | At September 30, 2013, and December 31, 2012, excluded mortgage loans insured by U.S. government agencies of $9.9 billion and $11.8 billion, respectively. These amounts were excluded as reimbursement of insured amounts is proceeding normally. | |||||||||||||||||||||||||||||||||||||||||
(table continued from previous page) | ||||||||||||||||||||||||||||||||||||||||||
Mortgages | ||||||||||||||||||||||||||||||||||||||||||
Prime, including option ARMs | Subprime | Total residential real estate – excluding PCI | ||||||||||||||||||||||||||||||||||||||||
September 30, | December 31, | September 30, | December 31, | September 30, | December 31, | |||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||
$ | 72,940 | $ | 61,439 | $ | 6,165 | $ | 6,673 | $ | 137,426 | $ | 133,605 | |||||||||||||||||||||||||||||||
2,997 | 3,237 | 637 | 727 | 4,564 | 5,254 | |||||||||||||||||||||||||||||||||||||
9,130 | 11,580 | 574 | 855 | 10,278 | 13,037 | |||||||||||||||||||||||||||||||||||||
$ | 85,067 | $ | 76,256 | $ | 7,376 | $ | 8,255 | $ | 152,268 | $ | 151,896 | |||||||||||||||||||||||||||||||
2.64 | % | (g) | 3.97 | % | (g) | 16.42 | % | 19.16 | % | 3.26 | % | (g) | 4.28 | % | (g) | |||||||||||||||||||||||||||
$ | — | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||||||||||||||||||||||||
8,763 | 10,625 | — | — | 8,763 | 10,625 | |||||||||||||||||||||||||||||||||||||
3,124 | 3,445 | 1,485 | 1,807 | 7,457 | 8,460 | |||||||||||||||||||||||||||||||||||||
$ | 1,520 | $ | 2,573 | $ | 80 | $ | 236 | $ | 3,291 | $ | 7,567 | |||||||||||||||||||||||||||||||
416 | 991 | 274 | 653 | 1,227 | 3,075 | |||||||||||||||||||||||||||||||||||||
1,962 | 3,697 | 298 | 457 | 7,807 | 11,734 | |||||||||||||||||||||||||||||||||||||
923 | 1,376 | 719 | 985 | 3,349 | 4,523 | |||||||||||||||||||||||||||||||||||||
4,957 | 7,070 | 638 | 726 | 14,966 | 18,902 | |||||||||||||||||||||||||||||||||||||
1,765 | 2,117 | 1,210 | 1,346 | 5,534 | 6,227 | |||||||||||||||||||||||||||||||||||||
54,221 | 38,281 | 1,878 | 1,793 | 88,826 | 72,314 | |||||||||||||||||||||||||||||||||||||
5,453 | 4,549 | 2,279 | 2,059 | 13,418 | 11,952 | |||||||||||||||||||||||||||||||||||||
13,850 | 15,602 | — | — | 13,850 | 15,602 | |||||||||||||||||||||||||||||||||||||
$ | 85,067 | $ | 76,256 | $ | 7,376 | $ | 8,255 | $ | 152,268 | $ | 151,896 | |||||||||||||||||||||||||||||||
$ | 21,183 | $ | 17,539 | $ | 1,091 | $ | 1,240 | $ | 34,340 | $ | 32,534 | |||||||||||||||||||||||||||||||
13,552 | 11,190 | 974 | 1,081 | 26,010 | 24,871 | |||||||||||||||||||||||||||||||||||||
5,036 | 3,999 | 291 | 323 | 9,517 | 8,945 | |||||||||||||||||||||||||||||||||||||
4,590 | 4,372 | 925 | 1,031 | 8,618 | 8,867 | |||||||||||||||||||||||||||||||||||||
3,428 | 2,927 | 231 | 257 | 7,043 | 7,195 | |||||||||||||||||||||||||||||||||||||
2,659 | 2,131 | 353 | 399 | 6,163 | 6,020 | |||||||||||||||||||||||||||||||||||||
1,334 | 1,162 | 150 | 165 | 4,429 | 4,661 | |||||||||||||||||||||||||||||||||||||
1,905 | 1,741 | 155 | 177 | 4,067 | 4,198 | |||||||||||||||||||||||||||||||||||||
977 | 866 | 183 | 203 | 2,999 | 3,148 | |||||||||||||||||||||||||||||||||||||
449 | 405 | 171 | 191 | 2,907 | 3,201 | |||||||||||||||||||||||||||||||||||||
29,954 | 29,924 | 2,852 | 3,188 | 46,175 | 48,256 | |||||||||||||||||||||||||||||||||||||
$ | 85,067 | $ | 76,256 | $ | 7,376 | $ | 8,255 | $ | 152,268 | $ | 151,896 | |||||||||||||||||||||||||||||||
The following tables represent the Firm’s delinquency statistics for junior lien home equity loans and lines as of September 30, 2013, and December 31, 2012. | ||||||||||||||||||||||||||||||||||||||||||
Delinquencies | Total 30+ day delinquency rate | |||||||||||||||||||||||||||||||||||||||||
30-Sep-13 | 30–89 days past due | 90–149 days past due | 150+ days | Total loans | ||||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | past due | |||||||||||||||||||||||||||||||||||||||||
HELOCs:(a) | ||||||||||||||||||||||||||||||||||||||||||
Within the revolving period(b) | $ | 344 | $ | 112 | $ | 161 | $ | 33,645 | 1.83 | % | ||||||||||||||||||||||||||||||||
Beyond the revolving period | 64 | 14 | 41 | 4,397 | 2.71 | |||||||||||||||||||||||||||||||||||||
HELOANs | 86 | 28 | 20 | 4,162 | 3.22 | |||||||||||||||||||||||||||||||||||||
Total | $ | 494 | $ | 154 | $ | 222 | $ | 42,204 | 2.06 | % | ||||||||||||||||||||||||||||||||
Delinquencies | Total 30+ day delinquency rate | |||||||||||||||||||||||||||||||||||||||||
December 31, 2012 | 30–89 days past due | 90–149 days past due | 150+ days | Total loans | ||||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | past due | |||||||||||||||||||||||||||||||||||||||||
HELOCs:(a) | ||||||||||||||||||||||||||||||||||||||||||
Within the revolving period(b) | $ | 514 | $ | 196 | $ | 185 | $ | 40,794 | 2.19 | % | ||||||||||||||||||||||||||||||||
Beyond the revolving period | 48 | 19 | 27 | 2,127 | 4.42 | |||||||||||||||||||||||||||||||||||||
HELOANs | 125 | 58 | 23 | 5,079 | 4.06 | |||||||||||||||||||||||||||||||||||||
Total | $ | 687 | $ | 273 | $ | 235 | $ | 48,000 | 2.49 | % | ||||||||||||||||||||||||||||||||
(a) These HELOCs are predominantly revolving loans for a 10-year period, after which time the HELOC converts to a loan with a 20-year amortization period, but also include HELOCs originated by Washington Mutual that require interest-only payments beyond the revolving period. | ||||||||||||||||||||||||||||||||||||||||||
(b) The Firm manages the risk of HELOCs during their revolving period by closing or reducing the undrawn line to the extent permitted by law when borrowers are experiencing financial difficulty or when the collateral does not support the loan amount. | ||||||||||||||||||||||||||||||||||||||||||
Home equity lines of credit (“HELOCs”) beyond the revolving period and home equity loans (“HELOANs”) have higher delinquency rates than do HELOCs within the revolving period. That is primarily because the fully-amortizing payment that is generally required for those products is higher than the minimum payment options | ||||||||||||||||||||||||||||||||||||||||||
available for HELOCs within the revolving period. The higher delinquency rates associated with amortizing HELOCs and HELOANs are factored into the loss estimates produced by the Firm’s delinquency roll-rate methodology, which estimates defaults based on the current delinquency status of a portfolio. | ||||||||||||||||||||||||||||||||||||||||||
Impaired loans | ||||||||||||||||||||||||||||||||||||||||||
The Firm reports, in accordance with regulatory guidance, residential real estate loans that have been discharged under Chapter 7 bankruptcy and not reaffirmed by the borrower (“Chapter 7 loans”) as collateral-dependent nonaccrual TDRs, regardless of their delinquency status. | ||||||||||||||||||||||||||||||||||||||||||
The table below sets forth information about the Firm’s residential real estate impaired loans, excluding PCI loans. These loans are considered to be impaired as they have been modified in a TDR. All impaired loans are evaluated for an asset-specific allowance as described in Note 14 on page 178 of this Form 10-Q. | ||||||||||||||||||||||||||||||||||||||||||
Home equity | Mortgages | Total residential | ||||||||||||||||||||||||||||||||||||||||
real estate | ||||||||||||||||||||||||||||||||||||||||||
(in millions) | Senior lien | Junior lien | Prime, including | Subprime | – excluding PCI | |||||||||||||||||||||||||||||||||||||
option ARMs | ||||||||||||||||||||||||||||||||||||||||||
Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | |||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||
Impaired loans | ||||||||||||||||||||||||||||||||||||||||||
With an allowance | $ | 583 | $ | 542 | $ | 715 | $ | 677 | $ | 6,155 | $ | 5,810 | $ | 3,054 | $ | 3,071 | $ | 10,507 | $ | 10,100 | ||||||||||||||||||||||
Without an allowance(a) | 572 | 550 | 594 | 546 | 1,134 | 1,308 | 716 | 741 | 3,016 | 3,145 | ||||||||||||||||||||||||||||||||
Total impaired loans(b) | $ | 1,155 | $ | 1,092 | $ | 1,309 | $ | 1,223 | $ | 7,289 | $ | 7,118 | $ | 3,770 | $ | 3,812 | $ | 13,523 | $ | 13,245 | ||||||||||||||||||||||
Allowance for loan losses related to impaired loans | $ | 117 | $ | 159 | $ | 185 | $ | 188 | $ | 164 | $ | 70 | $ | 99 | $ | 174 | $ | 565 | $ | 591 | ||||||||||||||||||||||
Unpaid principal balance of impaired loans(c) | 1,526 | 1,408 | 2,602 | 2,352 | 9,331 | 9,095 | 5,613 | 5,700 | 19,072 | 18,555 | ||||||||||||||||||||||||||||||||
Impaired loans on nonaccrual status(d) | 637 | 607 | 666 | 599 | 2,017 | 1,888 | 1,181 | 1,308 | 4,501 | 4,402 | ||||||||||||||||||||||||||||||||
(a) | Represents collateral-dependent residential mortgage loans that are charged off to the fair value of the underlying collateral less cost to sell. | |||||||||||||||||||||||||||||||||||||||||
(b) | At September 30, 2013, and December 31, 2012, $7.3 billion and $7.5 billion, respectively, of loans modified subsequent to repurchase from Government National Mortgage Association (“Ginnie Mae”) in accordance with the standards of the appropriate government agency (i.e., Federal Housing Administration (“FHA”), U.S. Department of Veterans Affairs (“VA”), Rural Housing Services (“RHS”)) are not included in the table above. When such loans perform subsequent to modification in accordance with Ginnie Mae guidelines, they are generally sold back into Ginnie Mae loan pools. Modified loans that do not re-perform become subject to foreclosure. | |||||||||||||||||||||||||||||||||||||||||
(c) | Represents the contractual amount of principal owed at September 30, 2013, and December 31, 2012. The unpaid principal balance differs from the impaired loan balances due to various factors, including charge-offs, net deferred loan fees or costs; and unamortized discounts or premiums on purchased loans. | |||||||||||||||||||||||||||||||||||||||||
(d) | As of September 30, 2013, and December 31, 2012, nonaccrual loans included $3.2 billion and $2.9 billion, respectively, of TDRs for which the borrowers were less than 90 days past due. For additional information about loans modified in a TDR that are on nonaccrual status refer to the Loan accounting framework in Note 14 on pages 250–253 of JPMorgan Chase’s 2012 Annual Report. | |||||||||||||||||||||||||||||||||||||||||
The following tables present average impaired loans and the related interest income reported by the Firm. | ||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, | Average impaired loans | Interest income on | Interest income on impaired | |||||||||||||||||||||||||||||||||||||||
impaired loans(a) | loans on a cash basis(a) | |||||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||||
Home equity | ||||||||||||||||||||||||||||||||||||||||||
Senior lien | $ | 1,156 | $ | 607 | $ | 15 | $ | 6 | $ | 10 | $ | 1 | ||||||||||||||||||||||||||||||
Junior lien | 1,309 | 782 | 21 | 9 | 14 | 1 | ||||||||||||||||||||||||||||||||||||
Mortgages | ||||||||||||||||||||||||||||||||||||||||||
Prime, including option ARMs | 7,310 | 6,430 | 72 | 65 | 16 | 6 | ||||||||||||||||||||||||||||||||||||
Subprime | 3,799 | 3,148 | 50 | 45 | 13 | 7 | ||||||||||||||||||||||||||||||||||||
Total residential real estate – excluding PCI | $ | 13,574 | $ | 10,967 | $ | 158 | $ | 125 | $ | 53 | $ | 15 | ||||||||||||||||||||||||||||||
Nine months ended September 30, | Average impaired loans | Interest income on | Interest income on impaired | |||||||||||||||||||||||||||||||||||||||
impaired loans(a) | loans on a cash basis(a) | |||||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||||
Home equity | ||||||||||||||||||||||||||||||||||||||||||
Senior lien | $ | 1,151 | $ | 445 | $ | 44 | $ | 12 | $ | 30 | $ | 2 | ||||||||||||||||||||||||||||||
Junior lien | 1,293 | 734 | 62 | 22 | 41 | 3 | ||||||||||||||||||||||||||||||||||||
Mortgages | ||||||||||||||||||||||||||||||||||||||||||
Prime, including option ARMs | 7,239 | 5,619 | 211 | 169 | 45 | 16 | ||||||||||||||||||||||||||||||||||||
Subprime | 3,819 | 3,252 | 150 | 132 | 42 | 17 | ||||||||||||||||||||||||||||||||||||
Total residential real estate – excluding PCI | $ | 13,502 | $ | 10,050 | $ | 467 | $ | 335 | $ | 158 | $ | 38 | ||||||||||||||||||||||||||||||
(a) | Generally, interest income on loans modified in TDRs is recognized on a cash basis until such time as the borrower has made a minimum of six payments under the new terms. | |||||||||||||||||||||||||||||||||||||||||
Loan modifications | ||||||||||||||||||||||||||||||||||||||||||
The global settlement, which became effective on April 5, 2012, required the Firm to, among other things, provide $3.7 billion of additional relief to certain borrowers under the Consumer Relief Program, including reductions of principal on first and second liens. For further information on the global settlement, see Mortgage Foreclosure-Related Investigations and Litigation in Note 23 on page 207 of this Form 10-Q. | ||||||||||||||||||||||||||||||||||||||||||
Modifications of residential real estate loans, excluding PCI loans, are generally accounted for and reported as TDRs. There are no additional commitments to lend to borrowers whose residential real estate loans, excluding PCI loans, have been modified in TDRs. For further information, see Note 14 on page 252 and pages 260–262 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||||||||||||||||
TDR activity rollforward | ||||||||||||||||||||||||||||||||||||||||||
The following tables reconcile the beginning and ending balances of residential real estate loans, excluding PCI loans, modified in TDRs for the periods presented. | ||||||||||||||||||||||||||||||||||||||||||
Three months ended | Home equity | Mortgages | Total residential | |||||||||||||||||||||||||||||||||||||||
September 30, | Senior lien | Junior lien | Prime, including option ARMs | Subprime | real estate – excluding PCI | |||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||
Beginning balance of TDRs | $ | 1,160 | $ | 560 | $ | 1,315 | $ | 762 | $ | 7,303 | $ | 6,092 | $ | 3,825 | $ | 3,484 | $ | 13,603 | $ | 10,898 | ||||||||||||||||||||||
New TDRs | 35 | 590 | 70 | 478 | 224 | 1,136 | 66 | 458 | 395 | 2,662 | ||||||||||||||||||||||||||||||||
Charge-offs post-modification(a) | (7 | ) | (18 | ) | (18 | ) | (52 | ) | (12 | ) | (37 | ) | (16 | ) | (65 | ) | (53 | ) | (172 | ) | ||||||||||||||||||||||
Foreclosures and other liquidations (e.g., short sales) | (3 | ) | — | (7 | ) | (1 | ) | (42 | ) | (28 | ) | (20 | ) | (26 | ) | (72 | ) | (55 | ) | |||||||||||||||||||||||
Principal payments and other | (30 | ) | (9 | ) | (51 | ) | (27 | ) | (184 | ) | (113 | ) | (85 | ) | (27 | ) | (350 | ) | (176 | ) | ||||||||||||||||||||||
Ending balance of TDRs | $ | 1,155 | $ | 1,123 | $ | 1,309 | $ | 1,160 | $ | 7,289 | $ | 7,050 | $ | 3,770 | $ | 3,824 | $ | 13,523 | $ | 13,157 | ||||||||||||||||||||||
Permanent modifications | $ | 1,114 | $ | 1,086 | $ | 1,304 | $ | 1,147 | $ | 7,069 | $ | 6,719 | $ | 3,639 | $ | 3,653 | $ | 13,126 | $ | 12,605 | ||||||||||||||||||||||
Trial modifications | $ | 41 | $ | 37 | $ | 5 | $ | 13 | $ | 220 | $ | 331 | $ | 131 | $ | 171 | $ | 397 | $ | 552 | ||||||||||||||||||||||
Nine months ended | Home equity | Mortgages | Total residential | |||||||||||||||||||||||||||||||||||||||
September 30, | Senior lien | Junior lien | Prime, including option ARMs | Subprime | real estate – excluding PCI | |||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||
Beginning balance of TDRs | $ | 1,092 | $ | 335 | $ | 1,223 | $ | 657 | $ | 7,118 | $ | 4,877 | $ | 3,812 | $ | 3,219 | $ | 13,245 | $ | 9,088 | ||||||||||||||||||||||
New TDRs | 175 | 833 | 299 | 667 | 852 | 2,626 | 283 | 942 | 1,609 | 5,068 | ||||||||||||||||||||||||||||||||
Charge-offs post-modification(a) | (25 | ) | (27 | ) | (75 | ) | (75 | ) | (45 | ) | (97 | ) | (81 | ) | (159 | ) | (226 | ) | (358 | ) | ||||||||||||||||||||||
Foreclosures and other liquidations (e.g., short sales) | (12 | ) | — | (18 | ) | (6 | ) | (116 | ) | (85 | ) | (58 | ) | (86 | ) | (204 | ) | (177 | ) | |||||||||||||||||||||||
Principal payments and other | (75 | ) | (18 | ) | (120 | ) | (83 | ) | (520 | ) | (271 | ) | (186 | ) | (92 | ) | (901 | ) | (464 | ) | ||||||||||||||||||||||
Ending balance of TDRs | $ | 1,155 | $ | 1,123 | $ | 1,309 | $ | 1,160 | $ | 7,289 | $ | 7,050 | $ | 3,770 | $ | 3,824 | $ | 13,523 | $ | 13,157 | ||||||||||||||||||||||
Permanent modifications | $ | 1,114 | $ | 1,086 | $ | 1,304 | $ | 1,147 | $ | 7,069 | $ | 6,719 | $ | 3,639 | $ | 3,653 | $ | 13,126 | $ | 12,605 | ||||||||||||||||||||||
Trial modifications | $ | 41 | $ | 37 | $ | 5 | $ | 13 | $ | 220 | $ | 331 | $ | 131 | $ | 171 | $ | 397 | $ | 552 | ||||||||||||||||||||||
(a) | Includes charge-offs on unsuccessful trial modifications. | |||||||||||||||||||||||||||||||||||||||||
Nature and extent of modifications | ||||||||||||||||||||||||||||||||||||||||||
MHA, as well as the Firm’s proprietary modification programs, generally provide various concessions to financially troubled borrowers including, but not limited to, interest rate reductions, term or payment extensions and deferral of principal and/or interest payments that would otherwise have been required under the terms of the original agreement. | ||||||||||||||||||||||||||||||||||||||||||
The following tables provide information about how residential real estate loans, excluding PCI loans, were modified under the Firm’s loss mitigation programs during the periods presented. These tables exclude Chapter 7 loans where the sole concession granted is the discharge of debt. At September 30, 2013, there were approximately 37,900 of such Chapter 7 loans, consisting of approximately 9,200 senior lien home equity loans, 22,200 junior lien home equity loans, 3,300 prime mortgage, including option ARMs, and 3,200 subprime mortgages. | ||||||||||||||||||||||||||||||||||||||||||
Three months ended | Home equity | Mortgages | Total residential | |||||||||||||||||||||||||||||||||||||||
September 30, | real estate - | |||||||||||||||||||||||||||||||||||||||||
Senior lien | Junior lien | Prime, including option ARMs | Subprime | excluding PCI | ||||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||
Number of loans approved for a trial modification(a) | 347 | 527 | 146 | 306 | 584 | 1,145 | 960 | 1,422 | 2,037 | 3,400 | ||||||||||||||||||||||||||||||||
Number of loans permanently modified | 410 | 1,039 | 1,012 | 2,178 | 1,046 | 2,947 | 1,200 | 2,396 | 3,668 | 8,560 | ||||||||||||||||||||||||||||||||
Concession granted:(a)(b) | ||||||||||||||||||||||||||||||||||||||||||
Interest rate reduction | 68 | % | 77 | % | 90 | % | 85 | % | 72 | % | 55 | % | 73 | % | 65 | % | 77 | % | 68 | % | ||||||||||||||||||||||
Term or payment extension | 77 | 60 | 80 | 75 | 77 | 46 | 60 | 51 | 72 | 57 | ||||||||||||||||||||||||||||||||
Principal and/or interest deferred | 16 | 8 | 21 | 14 | 35 | 11 | 17 | 7 | 23 | 10 | ||||||||||||||||||||||||||||||||
Principal forgiveness | 40 | 18 | 36 | 33 | 33 | 47 | 45 | 50 | 39 | 40 | ||||||||||||||||||||||||||||||||
Other(c) | — | — | — | — | 22 | 25 | 14 | 11 | 11 | 12 | ||||||||||||||||||||||||||||||||
Nine months ended | Home equity | Mortgages | Total residential | |||||||||||||||||||||||||||||||||||||||
September 30, | real estate - | |||||||||||||||||||||||||||||||||||||||||
Senior lien | Junior lien | Prime, including option ARMs | Subprime | excluding PCI | ||||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||
Number of loans approved for a trial modification(a) | 1,409 | 1,366 | 514 | 727 | 2,416 | 3,058 | 3,572 | 3,754 | 7,911 | 8,905 | ||||||||||||||||||||||||||||||||
Number of loans permanently modified | 1,360 | 3,736 | 3,681 | 6,042 | 3,659 | 7,651 | 4,347 | 8,240 | 13,047 | 25,669 | ||||||||||||||||||||||||||||||||
Concession granted:(a)(b) | ||||||||||||||||||||||||||||||||||||||||||
Interest rate reduction | 71 | % | 85 | % | 88 | % | 88 | % | 73 | % | 74 | % | 71 | % | 69 | % | 77 | % | 77 | % | ||||||||||||||||||||||
Term or payment extension | 74 | 42 | 78 | 76 | 71 | 56 | 54 | 39 | 67 | 53 | ||||||||||||||||||||||||||||||||
Principal and/or interest deferred | 12 | 5 | 23 | 16 | 30 | 14 | 13 | 6 | 20 | 11 | ||||||||||||||||||||||||||||||||
Principal forgiveness | 39 | 7 | 36 | 18 | 38 | 25 | 50 | 40 | 42 | 26 | ||||||||||||||||||||||||||||||||
Other(c) | — | — | — | — | 24 | 30 | 14 | 8 | 11 | 11 | ||||||||||||||||||||||||||||||||
(a) | Prior period amounts have been revised to conform with the current presentation. | |||||||||||||||||||||||||||||||||||||||||
(b) | Represents concessions granted in permanent modifications as a percentage of the number of loans permanently modified. The sum of the percentages exceeds 100% because predominantly all of the modifications include more than one type of concession. A significant portion of trial modifications include interest rate reductions and/or term or payment extensions. | |||||||||||||||||||||||||||||||||||||||||
(c) | Represents variable interest rate to fixed interest rate modifications. | |||||||||||||||||||||||||||||||||||||||||
Financial effects of modifications and redefaults | ||||||||||||||||||||||||||||||||||||||||||
The following tables provide information about the financial effects of the various concessions granted in modifications of residential real estate loans, excluding PCI, under the Firm’s loss mitigation programs and about redefaults of certain loans modified in TDRs for the periods presented. Because the specific types and amounts of concessions offered to borrowers frequently change between the trial modification and the permanent modification, the following tables present only the financial effects of permanent modifications. These tables also exclude Chapter 7 loans where the sole concession granted is the discharge of debt. | ||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, | Home equity | Mortgages | Total residential real estate – excluding PCI | |||||||||||||||||||||||||||||||||||||||
(in millions, except weighted-average | Senior lien | Junior lien | Prime, including option ARMs | Subprime | ||||||||||||||||||||||||||||||||||||||
data and number of loans) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||
Weighted-average interest rate of loans with interest rate reductions – before TDR | 5.95 | % | 7.08 | % | 5.14 | % | 5.24 | % | 5.04 | % | 5.95 | % | 7.17 | % | 7.7 | % | 5.67 | % | 6.37 | % | ||||||||||||||||||||||
Weighted-average interest rate of loans with interest rate reductions – after TDR | 3.04 | 4.49 | 2.26 | 1.97 | 2.68 | 3.64 | 3.42 | 3.97 | 2.85 | 3.59 | ||||||||||||||||||||||||||||||||
Weighted-average remaining contractual term (in years) of loans with term or payment extensions – before TDR | 20 | 19 | 19 | 20 | 25 | 25 | 24 | 23 | 24 | 24 | ||||||||||||||||||||||||||||||||
Weighted-average remaining contractual term (in years) of loans with term or payment extensions – after TDR | 32 | 26 | 34 | 33 | 38 | 37 | 36 | 33 | 36 | 34 | ||||||||||||||||||||||||||||||||
Charge-offs recognized upon permanent modification | $ | 2 | $ | 4 | $ | 16 | $ | 23 | $ | 4 | $ | 3 | $ | — | $ | 7 | $ | 22 | $ | 37 | ||||||||||||||||||||||
Principal deferred | 2 | 1 | 4 | 6 | 40 | 26 | 13 | 9 | 59 | 42 | ||||||||||||||||||||||||||||||||
Principal forgiven | 7 | 7 | 13 | 27 | 46 | 119 | 47 | 89 | 113 | 242 | ||||||||||||||||||||||||||||||||
Number of loans that redefaulted within one year of permanent modification(a) | 112 | 127 | 311 | 395 | 156 | 257 | 288 | 406 | 867 | 1,185 | ||||||||||||||||||||||||||||||||
Balance of loans that redefaulted within one year of permanent modification(a) | $ | 6 | $ | 11 | $ | 6 | $ | 11 | $ | 35 | $ | 72 | $ | 28 | $ | 42 | $ | 75 | $ | 136 | ||||||||||||||||||||||
Nine months ended September 30, | Home equity | Mortgages | Total residential real estate – excluding PCI | |||||||||||||||||||||||||||||||||||||||
(in millions, except weighted-average | Senior lien | Junior lien | Prime, including option ARMs | Subprime | ||||||||||||||||||||||||||||||||||||||
data and number of loans) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||
Weighted-average interest rate of loans with interest rate reductions – before TDR | 6.35 | % | 7.24 | % | 5.14 | % | 5.56 | % | 5.27 | % | 6.18 | % | 7.39 | % | 7.74 | % | 5.89 | % | 6.6 | % | ||||||||||||||||||||||
Weighted-average interest rate of loans with interest rate reductions – after TDR | 3.32 | 4.71 | 2.23 | 1.91 | 2.78 | 3.82 | 3.51 | 4.26 | 2.94 | 3.82 | ||||||||||||||||||||||||||||||||
Weighted-average remaining contractual term (in years) of loans with term or payment extensions – before TDR | 19 | 19 | 19 | 21 | 25 | 25 | 24 | 24 | 23 | 24 | ||||||||||||||||||||||||||||||||
Weighted-average remaining contractual term (in years) of loans with term or payment extensions – after TDR | 32 | 28 | 34 | 33 | 37 | 35 | 35 | 32 | 36 | 34 | ||||||||||||||||||||||||||||||||
Charge-offs recognized upon permanent modification | $ | 6 | $ | 6 | $ | 58 | $ | 35 | $ | 15 | $ | 26 | $ | 6 | $ | 19 | $ | 85 | $ | 86 | ||||||||||||||||||||||
Principal deferred | 5 | 3 | 18 | 18 | 107 | 101 | 34 | 33 | 164 | 155 | ||||||||||||||||||||||||||||||||
Principal forgiven | 24 | 10 | 42 | 38 | 176 | 172 | 186 | 238 | 428 | 458 | ||||||||||||||||||||||||||||||||
Number of loans that redefaulted within one year of permanent modification(a) | 327 | 249 | 845 | 1,065 | 533 | 677 | 857 | 1,055 | 2,562 | 3,046 | ||||||||||||||||||||||||||||||||
Balance of loans that redefaulted within one year of permanent modification(a) | $ | 22 | $ | 20 | $ | 17 | $ | 36 | $ | 134 | $ | 190 | $ | 84 | $ | 115 | $ | 257 | $ | 361 | ||||||||||||||||||||||
(a) | Represents loans permanently modified in TDRs that experienced a payment default in the periods presented, and for which the payment default occurred within one year of the modification. The dollar amounts presented represent the balance of such loans at the end of the reporting period in which such loans defaulted. For residential real estate loans modified in TDRs, payment default is deemed to occur when the loan becomes two contractual payments past due. In the event that a modified loan redefaults, it is probable that the loan will ultimately be liquidated through foreclosure or another similar type of liquidation transaction. Redefaults of loans modified within the last 12 months may not be representative of ultimate redefault levels. | |||||||||||||||||||||||||||||||||||||||||
Approximately 85% of the trial modifications approved on or after July 1, 2010 (the approximate date on which substantial revisions were made to the HAMP program), that are seasoned more than six months have been successfully converted to permanent modifications. | ||||||||||||||||||||||||||||||||||||||||||
The primary performance indicator for TDRs is the rate at which permanently modified loans redefault. At September 30, 2013, the cumulative redefault rates of residential real estate loans that have been modified under the Firm’s loss mitigation programs, excluding PCI loans, based upon permanent modifications that were completed after October 1, 2009, and that are seasoned more than six months are 18% for senior lien home equity, 19% for junior lien home equity, 15% for prime mortgages including option ARMs, and 23% for subprime mortgages. | ||||||||||||||||||||||||||||||||||||||||||
Default rates of Chapter 7 loans vary significantly based on the delinquency status of the loan and overall economic conditions at the time of discharge. Default rates for Chapter 7 residential real estate loans that were less than 60 days past due at the time of discharge have ranged between approximately 10% and 40% in recent years based on the economic conditions at the time of discharge. At September 30, 2013, Chapter 7 residential real estate loans included approximately 21% of senior lien home equity, 11% of junior lien home equity, 35% of prime mortgage, including option ARMs, and 24% of subprime mortgages that were 30 days or more past due. | ||||||||||||||||||||||||||||||||||||||||||
At September 30, 2013, the weighted-average estimated remaining lives of residential real estate loans, excluding PCI loans, permanently modified in TDRs were 7 years for senior lien home equity, 8 years for junior lien home equity, 10 years for prime mortgage, including option ARMs, and 9 years for subprime mortgages. The estimated remaining lives of these loans reflect estimated prepayments, both voluntary and involuntary (i.e., foreclosures and other forced liquidations). | ||||||||||||||||||||||||||||||||||||||||||
Other consumer loans | ||||||||||||||||||||||||||||||||||||||||||
The table below provides information for other consumer retained loan classes, including auto, business banking and student loans. | ||||||||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | Auto | Business banking | Student and other | Total other consumer | ||||||||||||||||||||||||||||||||||||||
Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | |||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||
Loan delinquency(a) | ||||||||||||||||||||||||||||||||||||||||||
Current | $ | 50,337 | $ | 49,290 | $ | 18,292 | $ | 18,482 | $ | 10,604 | $ | 11,038 | $ | 79,233 | $ | 78,810 | ||||||||||||||||||||||||||
30–119 days past due | 467 | 616 | 253 | 263 | 670 | 709 | 1,390 | 1,588 | ||||||||||||||||||||||||||||||||||
120 or more days past due | 6 | 7 | 165 | 138 | 390 | 444 | 561 | 589 | ||||||||||||||||||||||||||||||||||
Total retained loans | $ | 50,810 | $ | 49,913 | $ | 18,710 | $ | 18,883 | $ | 11,664 | $ | 12,191 | $ | 81,184 | $ | 80,987 | ||||||||||||||||||||||||||
% of 30+ days past due to total retained loans | 0.93 | % | 1.25 | % | 2.23 | % | 2.12 | % | 2.49 | % | (d) | 2.12 | % | (d) | 1.46 | % | (d) | 1.58 | % | (d) | ||||||||||||||||||||||
90 or more days past due and still accruing (b) | $ | — | $ | — | $ | — | $ | — | $ | 456 | $ | 525 | $ | 456 | $ | 525 | ||||||||||||||||||||||||||
Nonaccrual loans | 125 | 163 | 413 | 481 | 81 | 70 | 619 | 714 | ||||||||||||||||||||||||||||||||||
Geographic region | ||||||||||||||||||||||||||||||||||||||||||
California | $ | 5,384 | $ | 4,962 | $ | 2,076 | $ | 1,983 | $ | 1,110 | $ | 1,108 | $ | 8,570 | $ | 8,053 | ||||||||||||||||||||||||||
New York | 3,757 | 3,742 | 2,963 | 2,981 | 1,213 | 1,202 | 7,933 | 7,925 | ||||||||||||||||||||||||||||||||||
Illinois | 2,760 | 2,738 | 1,317 | 1,404 | 739 | 748 | 4,816 | 4,890 | ||||||||||||||||||||||||||||||||||
Florida | 1,900 | 1,922 | 599 | 527 | 539 | 556 | 3,038 | 3,005 | ||||||||||||||||||||||||||||||||||
Texas | 4,945 | 4,739 | 2,613 | 2,749 | 873 | 891 | 8,431 | 8,379 | ||||||||||||||||||||||||||||||||||
New Jersey | 1,987 | 1,921 | 382 | 379 | 396 | 409 | 2,765 | 2,709 | ||||||||||||||||||||||||||||||||||
Arizona | 1,803 | 1,719 | 1,006 | 1,139 | 257 | 265 | 3,066 | 3,123 | ||||||||||||||||||||||||||||||||||
Washington | 932 | 824 | 220 | 202 | 221 | 287 | 1,373 | 1,313 | ||||||||||||||||||||||||||||||||||
Michigan | 1,932 | 2,091 | 1,257 | 1,368 | 522 | 548 | 3,711 | 4,007 | ||||||||||||||||||||||||||||||||||
Ohio | 2,219 | 2,462 | 1,370 | 1,443 | 720 | 770 | 4,309 | 4,675 | ||||||||||||||||||||||||||||||||||
All other | 23,191 | 22,793 | 4,907 | 4,708 | 5,074 | 5,407 | 33,172 | 32,908 | ||||||||||||||||||||||||||||||||||
Total retained loans | $ | 50,810 | $ | 49,913 | $ | 18,710 | $ | 18,883 | $ | 11,664 | $ | 12,191 | $ | 81,184 | $ | 80,987 | ||||||||||||||||||||||||||
Loans by risk ratings(c) | ||||||||||||||||||||||||||||||||||||||||||
Noncriticized | $ | 8,443 | $ | 8,882 | $ | 13,372 | $ | 13,336 | NA | NA | $ | 21,815 | $ | 22,218 | ||||||||||||||||||||||||||||
Criticized performing | 83 | 130 | 703 | 713 | NA | NA | 786 | 843 | ||||||||||||||||||||||||||||||||||
Criticized nonaccrual | 2 | 4 | 338 | 386 | NA | NA | 340 | 390 | ||||||||||||||||||||||||||||||||||
(a) | Individual delinquency classifications included loans insured by U.S. government agencies under the Federal Family Education Loan Program (“FFELP”) as follows: current included $5.0 billion and $5.4 billion; 30-119 days past due included $395 million and $466 million; and 120 or more days past due included $374 million and $428 million at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||||||||||||||||||
(b) | These amounts represent student loans, which are insured by U.S. government agencies under the FFELP. These amounts were accruing as reimbursement of insured amounts is proceeding normally. | |||||||||||||||||||||||||||||||||||||||||
(c) | For risk-rated business banking and auto loans, the primary credit quality indicator is the risk rating of the loan, including whether the loans are considered to be criticized and/or nonaccrual. | |||||||||||||||||||||||||||||||||||||||||
(d) | September 30, 2013, and December 31, 2012, excluded loans 30 days or more past due and still accruing, which are insured by U.S. government agencies under the FFELP, of $769 million and $894 million, respectively. These amounts were excluded as reimbursement of insured amounts is proceeding normally. | |||||||||||||||||||||||||||||||||||||||||
Other consumer impaired loans and loan modifications | ||||||||||||||||||||||||||||||||||||||||||
The table below sets forth information about the Firm’s other consumer impaired loans, including risk-rated business banking and auto loans that have been placed on nonaccrual status, and loans that have been modified in TDRs. | ||||||||||||||||||||||||||||||||||||||||||
(in millions) | Auto | Business banking | Total other consumer(c) | |||||||||||||||||||||||||||||||||||||||
September 30, | December 31, | September 30, | December 31, | September 30, | December 31, | |||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||
Impaired loans | ||||||||||||||||||||||||||||||||||||||||||
With an allowance | $ | 63 | $ | 78 | $ | 510 | $ | 543 | $ | 573 | $ | 621 | ||||||||||||||||||||||||||||||
Without an allowance(a) | 53 | 72 | — | — | 53 | 72 | ||||||||||||||||||||||||||||||||||||
Total impaired loans | $ | 116 | $ | 150 | $ | 510 | $ | 543 | $ | 626 | $ | 693 | ||||||||||||||||||||||||||||||
Allowance for loan losses related to | $ | 10 | $ | 12 | $ | 114 | $ | 126 | $ | 124 | $ | 138 | ||||||||||||||||||||||||||||||
impaired loans | ||||||||||||||||||||||||||||||||||||||||||
Unpaid principal balance of impaired loans(b) | 213 | 259 | 595 | 624 | 808 | 883 | ||||||||||||||||||||||||||||||||||||
Impaired loans on nonaccrual status | 83 | 109 | 351 | 394 | 434 | 503 | ||||||||||||||||||||||||||||||||||||
(a) | When discounted cash flows, collateral value or market price equals or exceeds the recorded investment in the loan, the loan does not require an allowance. This typically occurs when the impaired loans have been partially charged off and/or there have been interest payments received and applied to the loan balance. | |||||||||||||||||||||||||||||||||||||||||
(b) | Represents the contractual amount of principal owed at September 30, 2013, and December 31, 2012. The unpaid principal balance differs from the impaired loan balances due to various factors, including charge-offs; interest payments received and applied to the principal balance; net deferred loan fees or costs; and unamortized discounts or premiums on purchased loans. | |||||||||||||||||||||||||||||||||||||||||
(c) | There were no impaired student and other loans at September 30, 2013, and December 31, 2012. | |||||||||||||||||||||||||||||||||||||||||
The following table presents average impaired loans for the periods presented. | ||||||||||||||||||||||||||||||||||||||||||
(in millions) | Average impaired loans(b) | |||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | |||||||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||||
Auto | $ | 118 | $ | 110 | $ | 131 | $ | 97 | ||||||||||||||||||||||||||||||||||
Business banking | 511 | 589 | 527 | 641 | ||||||||||||||||||||||||||||||||||||||
Total other consumer(a) | $ | 629 | $ | 699 | $ | 658 | $ | 738 | ||||||||||||||||||||||||||||||||||
(a) | There were no impaired student and other loans for the three or nine months ended September 30, 2013 and 2012. | |||||||||||||||||||||||||||||||||||||||||
(b) | The related interest income on impaired loans, including those on a cash basis, was not material for the three or nine months ended September 30, 2013 and 2012. | |||||||||||||||||||||||||||||||||||||||||
Loan modifications | ||||||||||||||||||||||||||||||||||||||||||
The following table provides information about the Firm’s other consumer loans modified in TDRs. All of these TDRs are reported as impaired loans in the tables above. | ||||||||||||||||||||||||||||||||||||||||||
(in millions) | Auto | Business banking | Total other consumer(c) | |||||||||||||||||||||||||||||||||||||||
September 30, | December 31, | September 30, | December 31, | September 30, | December 31, | |||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||
Loans modified in | $ | 116 | $ | 150 | $ | 299 | $ | 352 | $ | 415 | $ | 502 | ||||||||||||||||||||||||||||||
troubled debt restructurings(a)(b) | ||||||||||||||||||||||||||||||||||||||||||
TDRs on nonaccrual status | 83 | 109 | 140 | 203 | 223 | 312 | ||||||||||||||||||||||||||||||||||||
(a) | These modifications generally provided interest rate concessions to the borrower or term or payment extensions. | |||||||||||||||||||||||||||||||||||||||||
(b) | Additional commitments to lend to borrowers whose loans have been modified in TDRs as of September 30, 2013, and December 31, 2012, were immaterial. | |||||||||||||||||||||||||||||||||||||||||
(c) | There were no student and other loans modified in TDRs at September 30, 2013, and December 31, 2012. | |||||||||||||||||||||||||||||||||||||||||
TDR activity rollforward | ||||||||||||||||||||||||||||||||||||||||||
The following tables reconcile the beginning and ending balances of other consumer loans modified in TDRs for the periods presented. | ||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, | Auto | Business banking | Total other consumer | |||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||||
Beginning balance of TDRs | $ | 124 | $ | 86 | $ | 324 | $ | 366 | $ | 448 | $ | 452 | ||||||||||||||||||||||||||||||
New TDRs | 26 | 92 | 13 | 23 | 39 | 115 | ||||||||||||||||||||||||||||||||||||
Charge-offs post-modification | (2 | ) | (2 | ) | (5 | ) | (2 | ) | (7 | ) | (4 | ) | ||||||||||||||||||||||||||||||
Foreclosures and other liquidations | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||
Principal payments and other | (32 | ) | (12 | ) | (33 | ) | (35 | ) | (65 | ) | (47 | ) | ||||||||||||||||||||||||||||||
Ending balance of TDRs | $ | 116 | $ | 164 | $ | 299 | $ | 352 | $ | 415 | $ | 516 | ||||||||||||||||||||||||||||||
Nine months ended September 30, | Auto | Business banking | Total other consumer | |||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||||
Beginning balance of TDRs | $ | 150 | $ | 88 | $ | 352 | $ | 415 | $ | 502 | $ | 503 | ||||||||||||||||||||||||||||||
New TDRs | 68 | 119 | 53 | 57 | 121 | 176 | ||||||||||||||||||||||||||||||||||||
Charge-offs post-modification | (7 | ) | (6 | ) | (7 | ) | (7 | ) | (14 | ) | (13 | ) | ||||||||||||||||||||||||||||||
Foreclosures and other liquidations | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||
Principal payments and other | (95 | ) | (37 | ) | (99 | ) | (113 | ) | (194 | ) | (150 | ) | ||||||||||||||||||||||||||||||
Ending balance of TDRs | $ | 116 | $ | 164 | $ | 299 | $ | 352 | $ | 415 | $ | 516 | ||||||||||||||||||||||||||||||
Financial effects of modifications and redefaults | ||||||||||||||||||||||||||||||||||||||||||
For auto loans, TDRs typically occur in connection with the bankruptcy of the borrower. In these cases, the loan is modified with a revised repayment plan that typically incorporates interest rate reductions and, to a lesser extent, principal forgiveness. Beginning September 30, 2012, Chapter 7 auto loans are also considered TDRs. | ||||||||||||||||||||||||||||||||||||||||||
For business banking loans, concessions are dependent on individual borrower circumstances and can be of a short-term nature for borrowers who need temporary relief or longer term for borrowers experiencing more fundamental financial difficulties. Concessions are predominantly term or payment extensions, but also may include interest rate reductions. | ||||||||||||||||||||||||||||||||||||||||||
The balance of business banking loans modified in TDRs that experienced a payment default, and for which the payment default occurred within one year of the modification, was $10 million and $6 million during the three months ended September 30, 2013 and 2012, respectively, and $33 million and $31 million during the nine months ended September 30, 2013 and 2012, respectively. The balance of auto loans modified in TDRs that experienced a payment default, and for which the payment default occurred within one year of the modification, was $13 million during both the three months ended September 30, 2013 and 2012, respectively, and $41 million and $27 million during the nine months ended September 30, 2013 and 2012, respectively. A payment default is deemed to occur as follows: (1) for scored auto and business banking loans, when the loan is two payments past due; and (2) for risk-rated business banking loans and auto loans, when the borrower has not made a loan payment by its scheduled due date after giving effect to the contractual grace period, if any. | ||||||||||||||||||||||||||||||||||||||||||
The following table provides information about the financial effects of the various concessions granted in modifications of other consumer loans for the periods presented. | ||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | |||||||||||||||||||||||||||||||||||||||||
Auto | Business banking | Auto | Business banking | |||||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||
Weighted-average interest rate of loans with interest rate reductions – before TDR | 13.64 | % | 13.84 | % | 10.2 | % | 7.72 | % | 13.35 | % | 11.93 | % | 8.34 | % | 7.98 | % | ||||||||||||||||||||||||||
Weighted-average interest rate of loans with interest rate reductions – after TDR | 4.95 | 4.99 | 6.67 | 5.51 | 4.94 | 4.8 | 5.99 | 5.87 | ||||||||||||||||||||||||||||||||||
Weighted-average remaining contractual term (in years) of loans with term or payment extensions – before TDR | NM | NM | 0.4 | 1 | NM | NM | 1.2 | 1 | ||||||||||||||||||||||||||||||||||
Weighted-average remaining contractual term (in years) of loans with term or payment extensions – after TDR | NM | NM | 1.9 | 2.2 | NM | NM | 2.8 | 2.4 | ||||||||||||||||||||||||||||||||||
Purchased credit-impaired loans | ||||||||||||||||||||||||||||||||||||||||||
For a detailed discussion of PCI loans, including the related accounting policies, see Note 14 on pages 250–275 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||||||||||||||||
Residential real estate – PCI loans | ||||||||||||||||||||||||||||||||||||||||||
The table below sets forth information about the Firm’s consumer, excluding credit card, PCI loans. | ||||||||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | Home equity | Prime mortgage | Subprime mortgage | Option ARMs | Total PCI | |||||||||||||||||||||||||||||||||||||
Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | |||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||
Carrying value(a) | $ | 19,411 | $ | 20,971 | $ | 12,487 | $ | 13,674 | $ | 4,297 | $ | 4,626 | $ | 18,564 | $ | 20,466 | $ | 54,759 | $ | 59,737 | ||||||||||||||||||||||
Related allowance for loan losses(b) | 1,758 | 1,908 | 1,929 | 1,929 | 380 | 380 | 894 | 1,494 | 4,961 | 5,711 | ||||||||||||||||||||||||||||||||
Loan delinquency (based on unpaid principal balance) | ||||||||||||||||||||||||||||||||||||||||||
Current | $ | 18,679 | $ | 20,331 | $ | 10,403 | $ | 11,078 | $ | 4,146 | $ | 4,198 | $ | 15,863 | $ | 16,415 | $ | 49,091 | $ | 52,022 | ||||||||||||||||||||||
30–149 days past due | 577 | 803 | 584 | 740 | 620 | 698 | 952 | 1,314 | 2,733 | 3,555 | ||||||||||||||||||||||||||||||||
150 or more days past due | 1,156 | 1,209 | 1,393 | 2,066 | 927 | 1,430 | 3,271 | 4,862 | 6,747 | 9,567 | ||||||||||||||||||||||||||||||||
Total loans | $ | 20,412 | $ | 22,343 | $ | 12,380 | $ | 13,884 | $ | 5,693 | $ | 6,326 | $ | 20,086 | $ | 22,591 | $ | 58,571 | $ | 65,144 | ||||||||||||||||||||||
% of 30+ days past due to total loans | 8.49 | % | 9.01 | % | 15.97 | % | 20.21 | % | 27.17 | % | 33.64 | % | 21.02 | % | 27.34 | % | 16.19 | % | 20.14 | % | ||||||||||||||||||||||
Current estimated LTV ratios (based on unpaid principal balance)(c)(d) | ||||||||||||||||||||||||||||||||||||||||||
Greater than 125% and refreshed FICO scores: | ||||||||||||||||||||||||||||||||||||||||||
Equal to or greater than 660 | $ | 1,729 | $ | 4,508 | $ | 416 | $ | 1,478 | $ | 167 | $ | 375 | $ | 441 | $ | 1,597 | $ | 2,753 | $ | 7,958 | ||||||||||||||||||||||
Less than 660 | 927 | 2,344 | 471 | 1,449 | 623 | 1,300 | 919 | 2,729 | 2,940 | 7,822 | ||||||||||||||||||||||||||||||||
101% to 125% and refreshed FICO scores: | ||||||||||||||||||||||||||||||||||||||||||
Equal to or greater than 660 | 3,766 | 4,966 | 1,397 | 2,968 | 361 | 434 | 1,572 | 3,281 | 7,096 | 11,649 | ||||||||||||||||||||||||||||||||
Less than 660 | 1,758 | 2,098 | 1,233 | 1,983 | 1,046 | 1,256 | 2,059 | 3,200 | 6,096 | 8,537 | ||||||||||||||||||||||||||||||||
80% to 100% and refreshed FICO scores: | ||||||||||||||||||||||||||||||||||||||||||
Equal to or greater than 660 | 4,370 | 3,531 | 2,797 | 1,872 | 502 | 416 | 3,566 | 3,794 | 11,235 | 9,613 | ||||||||||||||||||||||||||||||||
Less than 660 | 1,704 | 1,305 | 1,796 | 1,378 | 1,204 | 1,182 | 3,059 | 2,974 | 7,763 | 6,839 | ||||||||||||||||||||||||||||||||
Lower than 80% and refreshed FICO scores: | ||||||||||||||||||||||||||||||||||||||||||
Equal to or greater than 660 | 4,462 | 2,524 | 2,381 | 1,356 | 444 | 255 | 4,909 | 2,624 | 12,196 | 6,759 | ||||||||||||||||||||||||||||||||
Less than 660 | 1,696 | 1,067 | 1,889 | 1,400 | 1,346 | 1,108 | 3,561 | 2,392 | 8,492 | 5,967 | ||||||||||||||||||||||||||||||||
Total unpaid principal balance | $ | 20,412 | $ | 22,343 | $ | 12,380 | $ | 13,884 | $ | 5,693 | $ | 6,326 | $ | 20,086 | $ | 22,591 | $ | 58,571 | $ | 65,144 | ||||||||||||||||||||||
Geographic region (based on unpaid principal balance) | ||||||||||||||||||||||||||||||||||||||||||
California | $ | 12,298 | $ | 13,493 | $ | 7,111 | $ | 7,877 | $ | 1,329 | $ | 1,444 | $ | 10,761 | $ | 11,889 | $ | 31,499 | $ | 34,703 | ||||||||||||||||||||||
New York | 989 | 1,067 | 839 | 927 | 588 | 649 | 1,259 | 1,404 | 3,675 | 4,047 | ||||||||||||||||||||||||||||||||
Illinois | 463 | 502 | 371 | 433 | 295 | 338 | 506 | 587 | 1,635 | 1,860 | ||||||||||||||||||||||||||||||||
Florida | 1,911 | 2,054 | 884 | 1,023 | 564 | 651 | 2,008 | 2,480 | 5,367 | 6,208 | ||||||||||||||||||||||||||||||||
Texas | 340 | 385 | 110 | 148 | 337 | 368 | 103 | 118 | 890 | 1,019 | ||||||||||||||||||||||||||||||||
New Jersey | 390 | 423 | 354 | 401 | 226 | 260 | 744 | 854 | 1,714 | 1,938 | ||||||||||||||||||||||||||||||||
Arizona | 370 | 408 | 193 | 215 | 97 | 105 | 278 | 305 | 938 | 1,033 | ||||||||||||||||||||||||||||||||
Washington | 1,106 | 1,215 | 277 | 328 | 118 | 142 | 481 | 563 | 1,982 | 2,248 | ||||||||||||||||||||||||||||||||
Michigan | 63 | 70 | 194 | 211 | 150 | 163 | 211 | 235 | 618 | 679 | ||||||||||||||||||||||||||||||||
Ohio | 24 | 27 | 58 | 71 | 89 | 100 | 79 | 89 | 250 | 287 | ||||||||||||||||||||||||||||||||
All other | 2,458 | 2,699 | 1,989 | 2,250 | 1,900 | 2,106 | 3,656 | 4,067 | 10,003 | 11,122 | ||||||||||||||||||||||||||||||||
Total unpaid principal balance | $ | 20,412 | $ | 22,343 | $ | 12,380 | $ | 13,884 | $ | 5,693 | $ | 6,326 | $ | 20,086 | $ | 22,591 | $ | 58,571 | $ | 65,144 | ||||||||||||||||||||||
(a) | Carrying value includes the effect of fair value adjustments that were applied to the consumer PCI portfolio at the date of acquisition. | |||||||||||||||||||||||||||||||||||||||||
(b) | Management concluded as part of the Firm’s regular assessment of the PCI loan pools that it was probable that higher expected credit losses would result in a decrease in expected cash flows. As a result, an allowance for loan losses for impairment of these pools has been recognized. | |||||||||||||||||||||||||||||||||||||||||
(c) | Represents the aggregate unpaid principal balance of loans divided by the estimated current property value. Current property values are estimated, at a minimum, quarterly, based on home valuation models using nationally recognized home price index valuation estimates incorporating actual data to the extent available and forecasted data where actual data is not available. These property values do not represent actual appraised loan level collateral values; as such, the resulting ratios are necessarily imprecise and should be viewed as estimates. Current estimated combined LTV for junior lien home equity loans considers all available lien positions related to the property. | |||||||||||||||||||||||||||||||||||||||||
(d) | Refreshed FICO scores, which the Firm obtains at least quarterly, represent each borrower’s most recent credit score. | |||||||||||||||||||||||||||||||||||||||||
Approximately 21% of the PCI home equity portfolio are senior lien loans; the remaining balance are junior lien HELOANs or HELOCs. The following tables set forth delinquency statistics for PCI junior lien home equity loans and lines of credit based on unpaid principal balance as of September 30, 2013, and December 31, 2012. | ||||||||||||||||||||||||||||||||||||||||||
Delinquencies | ||||||||||||||||||||||||||||||||||||||||||
30-Sep-13 | 30–89 days past due | 90–149 days past due | 150+ days past due | Total loans | Total 30+ day delinquency rate | |||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | ||||||||||||||||||||||||||||||||||||||||||
HELOCs:(a) | ||||||||||||||||||||||||||||||||||||||||||
Within the revolving period(b) | $ | 251 | $ | 92 | $ | 561 | $ | 13,156 | 6.87 | % | ||||||||||||||||||||||||||||||||
Beyond the revolving period(c) | 50 | 17 | 63 | 1,961 | 6.63 | |||||||||||||||||||||||||||||||||||||
HELOANs | 26 | 11 | 41 | 932 | 8.37 | |||||||||||||||||||||||||||||||||||||
Total | $ | 327 | $ | 120 | $ | 665 | $ | 16,049 | 6.93 | % | ||||||||||||||||||||||||||||||||
Delinquencies | ||||||||||||||||||||||||||||||||||||||||||
31-Dec-12 | 30–89 days past due | 90–149 days past due | 150+ days past due | Total loans | Total 30+ day delinquency rate | |||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | ||||||||||||||||||||||||||||||||||||||||||
HELOCs:(a) | ||||||||||||||||||||||||||||||||||||||||||
Within the revolving period(b) | $ | 361 | $ | 175 | $ | 591 | $ | 15,915 | 7.08 | % | ||||||||||||||||||||||||||||||||
Beyond the revolving period(c) | 30 | 13 | 20 | 666 | 9.46 | |||||||||||||||||||||||||||||||||||||
HELOANs | 37 | 18 | 44 | 1,085 | 9.12 | |||||||||||||||||||||||||||||||||||||
Total | $ | 428 | $ | 206 | $ | 655 | $ | 17,666 | 7.3 | % | ||||||||||||||||||||||||||||||||
(a) | In general, these HELOCs are revolving loans for a 10-year period, after which time the HELOC converts to an interest-only loan with a balloon payment at the end of the loan’s term. | |||||||||||||||||||||||||||||||||||||||||
(b) | Substantially all undrawn HELOCs within the revolving period have been closed. | |||||||||||||||||||||||||||||||||||||||||
(c) | Includes loans modified into fixed rate amortizing loans. | |||||||||||||||||||||||||||||||||||||||||
The table below sets forth the accretable yield activity for the Firm’s PCI consumer loans for the three and nine months ended September 30, 2013 and 2012, and represents the Firm’s estimate of gross interest income expected to be earned over the remaining life of the PCI loan portfolios. The table excludes the cost to fund the PCI portfolios, and therefore the accretable yield does not represent net interest income expected to be earned on these portfolios. | ||||||||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | Total PCI | |||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | |||||||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||||
Beginning balance | $ | 18,606 | $ | 19,567 | $ | 18,457 | $ | 19,072 | ||||||||||||||||||||||||||||||||||
Accretion into interest income | (535 | ) | (606 | ) | (1,673 | ) | (1,902 | ) | ||||||||||||||||||||||||||||||||||
Changes in interest rates on variable-rate loans | (102 | ) | (91 | ) | (212 | ) | (264 | ) | ||||||||||||||||||||||||||||||||||
Other changes in expected cash flows(a) | (259 | ) | 28 | 1,138 | 1,992 | |||||||||||||||||||||||||||||||||||||
Balance at September 30 | $ | 17,710 | $ | 18,898 | $ | 17,710 | $ | 18,898 | ||||||||||||||||||||||||||||||||||
Accretable yield percentage | 4.24 | % | 4.3 | % | 4.32 | % | 4.41 | % | ||||||||||||||||||||||||||||||||||
(a) | Other changes in expected cash flows may vary from period-to-period as the Firm continues to refine its cash flow model and periodically updates model assumptions. For the three months ended September 30, 2013, other changes in expected cash flows were predominantly driven by changes in prepayment assumptions. For the nine months ended September 30, 2013, other changes in expected cash flows were due to refining the expected interest cash flows on HELOCs with balloon payments, partially offset by changes in prepayment assumptions. For the three and nine months ended September 30, 2012, other changes in expected cash flows were principally driven by the impact of modifications, but also related to changes in prepayment assumptions. | |||||||||||||||||||||||||||||||||||||||||
The factors that most significantly affect estimates of gross cash flows expected to be collected, and accordingly the accretable yield balance, include: (i) changes in the benchmark interest rate indices for variable-rate products such as option ARM and home equity loans; and (ii) changes in prepayment assumptions. | ||||||||||||||||||||||||||||||||||||||||||
Since the date of acquisition, the decrease in the accretable yield percentage has been primarily related to a decrease in interest rates on variable-rate loans and, to a lesser extent, extended loan liquidation periods. Certain events, such as extended or shortened loan liquidation periods, affect the timing of expected cash flows and the accretable yield percentage, but not the amount of cash expected to be received (i.e., the accretable yield balance). While extended loan liquidation periods reduce the accretable yield percentage (because the same accretable yield balance is recognized against a higher-than-expected loan balance over a longer-than-expected period of time), shortened loan liquidation periods would have the opposite effect. | ||||||||||||||||||||||||||||||||||||||||||
Credit card | ' | |||||||||||||||||||||||||||||||||||||||||
Loans and Leases Receivable Disclosure [Line Items] | ' | |||||||||||||||||||||||||||||||||||||||||
Loans, Notes, Trade and Other Receivables, Excluding Allowance for Credit Losses [Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
Credit card loan portfolio | ||||||||||||||||||||||||||||||||||||||||||
The Credit card portfolio segment includes credit card loans originated and purchased by the Firm. Delinquency rates are the primary credit quality indicator for credit card loans as they provide an early warning that borrowers may be experiencing difficulties (30 days past due); information on those borrowers that have been delinquent for a longer period of time (90 days past due) is also considered. In addition to delinquency rates, the geographic distribution of the loans provides insight as to the credit quality of the portfolio based on the regional economy. | ||||||||||||||||||||||||||||||||||||||||||
While the borrower’s credit score is another general indicator of credit quality, because the borrower’s credit score tends to be a lagging indicator, the Firm does not view credit scores as a primary indicator of credit quality. However, the distribution of such scores provides a general indicator of credit quality trends within the portfolio. Refreshed FICO score information for a statistically significant random sample of the credit card portfolio is indicated in the table below; FICO is considered to be the industry benchmark for credit scores. For more information on credit quality indicators, see Note 14 on pages 250–275 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||||||||||||||||
The Firm generally originates new card accounts to prime consumer borrowers. However, certain cardholders’ FICO scores may decrease over time, depending on the performance of the cardholder and changes in credit score technology. | ||||||||||||||||||||||||||||||||||||||||||
The table below sets forth information about the Firm’s credit card loans. | ||||||||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | September 30, | December 31, | ||||||||||||||||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||||||||||||||||
Loan delinquency | ||||||||||||||||||||||||||||||||||||||||||
Current and less than 30 days | $ | 121,587 | $ | 125,309 | ||||||||||||||||||||||||||||||||||||||
past due and still accruing | ||||||||||||||||||||||||||||||||||||||||||
30–89 days past due and still accruing | 1,111 | 1,381 | ||||||||||||||||||||||||||||||||||||||||
90 or more days past due and still accruing | 973 | 1,302 | ||||||||||||||||||||||||||||||||||||||||
Nonaccrual loans | 1 | 1 | ||||||||||||||||||||||||||||||||||||||||
Total retained credit card loans | $ | 123,672 | $ | 127,993 | ||||||||||||||||||||||||||||||||||||||
Loan delinquency ratios | ||||||||||||||||||||||||||||||||||||||||||
% of 30+ days past due to total retained loans | 1.69 | % | 2.1 | % | ||||||||||||||||||||||||||||||||||||||
% of 90+ days past due to total retained loans | 0.79 | 1.02 | ||||||||||||||||||||||||||||||||||||||||
Credit card loans by | ||||||||||||||||||||||||||||||||||||||||||
geographic region | ||||||||||||||||||||||||||||||||||||||||||
California | $ | 16,567 | $ | 17,115 | ||||||||||||||||||||||||||||||||||||||
New York | 10,235 | 10,379 | ||||||||||||||||||||||||||||||||||||||||
Texas | 10,095 | 10,209 | ||||||||||||||||||||||||||||||||||||||||
Illinois | 7,218 | 7,399 | ||||||||||||||||||||||||||||||||||||||||
Florida | 6,922 | 7,231 | ||||||||||||||||||||||||||||||||||||||||
New Jersey | 5,381 | 5,503 | ||||||||||||||||||||||||||||||||||||||||
Ohio | 4,757 | 4,956 | ||||||||||||||||||||||||||||||||||||||||
Pennsylvania | 4,321 | 4,549 | ||||||||||||||||||||||||||||||||||||||||
Michigan | 3,578 | 3,745 | ||||||||||||||||||||||||||||||||||||||||
Virginia | 3,067 | 3,193 | ||||||||||||||||||||||||||||||||||||||||
All other | 51,531 | 53,714 | ||||||||||||||||||||||||||||||||||||||||
Total retained credit card loans | $ | 123,672 | $ | 127,993 | ||||||||||||||||||||||||||||||||||||||
Percentage of portfolio based on carrying value with estimated refreshed FICO scores(a) | ||||||||||||||||||||||||||||||||||||||||||
Equal to or greater than 660 | 84.9 | % | 84.1 | % | ||||||||||||||||||||||||||||||||||||||
Less than 660 | 15.1 | 15.9 | ||||||||||||||||||||||||||||||||||||||||
(a) | Refreshed FICO scores are estimated based on a statistically significant random sample of credit card accounts in the credit card portfolio for the periods shown. The Firm obtains refreshed FICO scores at least quarterly. | |||||||||||||||||||||||||||||||||||||||||
Credit card impaired loans and loan modifications | ||||||||||||||||||||||||||||||||||||||||||
For a detailed discussion of impaired credit card loans, including credit card loan modifications, see Note 14 on pages 250–275 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||||||||||||||||
The table below sets forth information about the Firm’s impaired credit card loans. All of these loans are considered to be impaired as they have been modified in TDRs. | ||||||||||||||||||||||||||||||||||||||||||
(in millions) | September 30, | December 31, | ||||||||||||||||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||||||||||||||||
Impaired credit card loans with an allowance(a)(b) | ||||||||||||||||||||||||||||||||||||||||||
Credit card loans with modified payment terms(c) | $ | 3,061 | $ | 4,189 | ||||||||||||||||||||||||||||||||||||||
Modified credit card loans that have reverted to pre-modification payment terms(d) | 407 | 573 | ||||||||||||||||||||||||||||||||||||||||
Total impaired credit card loans | $ | 3,468 | $ | 4,762 | ||||||||||||||||||||||||||||||||||||||
Allowance for loan losses related to impaired credit card loans | $ | 1,080 | $ | 1,681 | ||||||||||||||||||||||||||||||||||||||
(a) | The carrying value and the unpaid principal balance are the same for credit card impaired loans. | |||||||||||||||||||||||||||||||||||||||||
(b) | There were no impaired loans without an allowance. | |||||||||||||||||||||||||||||||||||||||||
(c) | Represents credit card loans outstanding to borrowers enrolled in a credit card modification program as of the date presented. | |||||||||||||||||||||||||||||||||||||||||
(d) | Represents credit card loans that were modified in TDRs but that have subsequently reverted back to the loans’ pre-modification payment terms. At September 30, 2013, and December 31, 2012, $245 million and $341 million, respectively, of loans have reverted back to the pre-modification payment terms of the loans due to noncompliance with the terms of the modified loans. The remaining $162 million and $232 million at September 30, 2013, and December 31, 2012, respectively, of these loans are to borrowers who have successfully completed a short-term modification program. The Firm continues to report these loans as TDRs since the borrowers’ credit lines remain closed. | |||||||||||||||||||||||||||||||||||||||||
The following table presents average balances of impaired credit card loans and interest income recognized on those loans. | ||||||||||||||||||||||||||||||||||||||||||
Three months | Nine months | |||||||||||||||||||||||||||||||||||||||||
ended | ended | |||||||||||||||||||||||||||||||||||||||||
September 30, | September 30, | |||||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||||||
Average impaired credit card loans | $ | 3,657 | $ | 5,529 | $ | 4,079 | $ | 6,188 | ||||||||||||||||||||||||||||||||||
Interest income on impaired credit card loans | 47 | 73 | 157 | 242 | ||||||||||||||||||||||||||||||||||||||
Loan modifications | ||||||||||||||||||||||||||||||||||||||||||
JPMorgan Chase may offer one of a number of loan modification programs to credit card borrowers who are experiencing financial difficulty. Most of the credit card loans have been modified under long-term programs for borrowers who are experiencing financial difficulties. Modifications under long-term programs involve placing the customer on a fixed payment plan, generally for 60 months. The Firm may also offer short-term programs for borrowers who may be in need of temporary relief; however, none are currently being offered. Modifications under all short- and long-term programs typically include reducing the interest rate on the credit card. Substantially all modifications are considered to be TDRs. | ||||||||||||||||||||||||||||||||||||||||||
If the cardholder does not comply with the modified payment terms, then the credit card loan agreement reverts back to its pre-modification payment terms. Assuming that the cardholder does not begin to perform in accordance with those payment terms, the loan continues to age and will ultimately be charged-off in accordance with the Firm’s standard charge-off policy. In addition, if a borrower successfully completes a short-term modification program, then the loan reverts back to its pre-modification payment terms. However, in most cases, the Firm does not reinstate the borrower’s line of credit. | ||||||||||||||||||||||||||||||||||||||||||
The following table provides information regarding the nature and extent of modifications of credit card loans for the periods presented. | ||||||||||||||||||||||||||||||||||||||||||
New enrollments | ||||||||||||||||||||||||||||||||||||||||||
Three months | Nine months | |||||||||||||||||||||||||||||||||||||||||
ended | ended | |||||||||||||||||||||||||||||||||||||||||
September 30, | September 30, | |||||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||||||
Short-term programs | $ | — | $ | — | $ | — | $ | 47 | ||||||||||||||||||||||||||||||||||
Long-term programs | 288 | 373 | 915 | 1,261 | ||||||||||||||||||||||||||||||||||||||
Total new enrollments | $ | 288 | $ | 373 | $ | 915 | $ | 1,308 | ||||||||||||||||||||||||||||||||||
Financial effects of modifications and redefaults | ||||||||||||||||||||||||||||||||||||||||||
The following table provides information about the financial effects of the concessions granted on credit card loans modified in TDRs and redefaults for the periods presented. | ||||||||||||||||||||||||||||||||||||||||||
(in millions, except weighted-average data) | Three months | Nine months | ||||||||||||||||||||||||||||||||||||||||
ended | ended | |||||||||||||||||||||||||||||||||||||||||
September 30, | September 30, | |||||||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||||
Weighted-average interest rate of loans – before TDR | 15.26 | % | 15.34 | % | 15.38 | % | 15.75 | % | ||||||||||||||||||||||||||||||||||
Weighted-average interest rate of loans – after TDR | 4.3 | 4.97 | 4.42 | 5.25 | ||||||||||||||||||||||||||||||||||||||
Loans that redefaulted within one year of modification(a) | $ | 43 | $ | 69 | $ | 128 | $ | 247 | ||||||||||||||||||||||||||||||||||
(a) | Represents loans modified in TDRs that experienced a payment default in the periods presented, and for which the payment default occurred within one year of the modification. The amounts presented represent the balance of such loans as of the end of the quarter in which they defaulted. | |||||||||||||||||||||||||||||||||||||||||
For credit card loans modified in TDRs, payment default is deemed to have occurred when the loans become two payments past due. A substantial portion of these loans is expected to be charged-off in accordance with the Firm’s standard charge-off policy. Based on historical experience, the estimated weighted-average default rate was expected to be 31.56% for credit card loans modified as of September 30, 2013, and 38.23% for credit card loans modified as of December 31, 2012. | ||||||||||||||||||||||||||||||||||||||||||
Wholesale | ' | |||||||||||||||||||||||||||||||||||||||||
Loans and Leases Receivable Disclosure [Line Items] | ' | |||||||||||||||||||||||||||||||||||||||||
Loans, Notes, Trade and Other Receivables, Excluding Allowance for Credit Losses [Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
Wholesale loan portfolio | ||||||||||||||||||||||||||||||||||||||||||
Wholesale loans include loans made to a variety of customers, ranging from large corporate and institutional clients to high-net-worth individuals. The primary credit quality indicator for wholesale loans is the risk rating assigned each loan. For further information on these risk ratings, see Notes 14 and 15 on pages 250–279 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||||||||||||||||
The table below provides information by class of receivable for the retained loans in the Wholesale portfolio segment. | ||||||||||||||||||||||||||||||||||||||||||
Commercial | Real estate | |||||||||||||||||||||||||||||||||||||||||
and industrial | ||||||||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | September 30, | December 31, | September 30, | December 31, | ||||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||||
Loans by risk ratings | ||||||||||||||||||||||||||||||||||||||||||
Investment-grade | $ | 62,491 | $ | 61,870 | $ | 50,758 | $ | 41,796 | ||||||||||||||||||||||||||||||||||
Noninvestment-grade: | ||||||||||||||||||||||||||||||||||||||||||
Noncriticized | 45,679 | 44,651 | 13,316 | 14,567 | ||||||||||||||||||||||||||||||||||||||
Criticized performing | 2,399 | 2,636 | 2,553 | 3,857 | ||||||||||||||||||||||||||||||||||||||
Criticized nonaccrual | 337 | 708 | 406 | 520 | ||||||||||||||||||||||||||||||||||||||
Total noninvestment-grade | 48,415 | 47,995 | 16,275 | 18,944 | ||||||||||||||||||||||||||||||||||||||
Total retained loans | $ | 110,906 | $ | 109,865 | $ | 67,033 | $ | 60,740 | ||||||||||||||||||||||||||||||||||
% of total criticized to total retained loans | 2.47 | % | 3.04 | % | 4.41 | % | 7.21 | % | ||||||||||||||||||||||||||||||||||
% of nonaccrual loans to total retained loans | 0.3 | 0.64 | 0.61 | 0.86 | ||||||||||||||||||||||||||||||||||||||
Loans by geographic distribution(a) | ||||||||||||||||||||||||||||||||||||||||||
Total non-U.S. | $ | 36,114 | $ | 35,494 | $ | 1,443 | $ | 1,533 | ||||||||||||||||||||||||||||||||||
Total U.S. | 74,792 | 74,371 | 65,590 | 59,207 | ||||||||||||||||||||||||||||||||||||||
Total retained loans | $ | 110,906 | $ | 109,865 | $ | 67,033 | $ | 60,740 | ||||||||||||||||||||||||||||||||||
Loan delinquency(b) | ||||||||||||||||||||||||||||||||||||||||||
Current and less than 30 days past due and still accruing | $ | 110,409 | $ | 109,019 | $ | 66,527 | $ | 59,829 | ||||||||||||||||||||||||||||||||||
30–89 days past due and still accruing | 152 | 119 | 79 | 322 | ||||||||||||||||||||||||||||||||||||||
90 or more days past due and still accruing(c) | 8 | 19 | 21 | 69 | ||||||||||||||||||||||||||||||||||||||
Criticized nonaccrual | 337 | 708 | 406 | 520 | ||||||||||||||||||||||||||||||||||||||
Total retained loans | $ | 110,906 | $ | 109,865 | $ | 67,033 | $ | 60,740 | ||||||||||||||||||||||||||||||||||
(a) | The U.S. and non-U.S. distribution is determined based predominantly on the domicile of the borrower. | |||||||||||||||||||||||||||||||||||||||||
(b) | The credit quality of wholesale loans is assessed primarily through ongoing review and monitoring of an obligor’s ability to meet contractual obligations rather than relying on the past due status, which is generally a lagging indicator of credit quality. For a discussion of more significant risk factors, see Note 14 on page 271 of JPMorgan Chase’s 2012 Annual Report. | |||||||||||||||||||||||||||||||||||||||||
(c) | Represents loans that are considered well-collateralized and therefore still accruing interest. | |||||||||||||||||||||||||||||||||||||||||
(d) | Other primarily includes loans to SPEs and loans to private banking clients. See Note 1 on pages 193–194 of JPMorgan Chase’s 2012 Annual Report for additional information on SPEs. | |||||||||||||||||||||||||||||||||||||||||
The following table presents additional information on the real estate class of loans within the Wholesale portfolio segment for the periods indicated. For further information on real estate loans, see Note 14 on pages 250–275 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | Multifamily | Commercial lessors | ||||||||||||||||||||||||||||||||||||||||
September 30, | December 31, | September 30, | December 31, | |||||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||||
Real estate retained loans | $ | 42,704 | $ | 38,030 | $ | 15,474 | $ | 14,668 | ||||||||||||||||||||||||||||||||||
Criticized exposure | 1,313 | 2,118 | 1,524 | 1,951 | ||||||||||||||||||||||||||||||||||||||
% of criticized exposure to total real estate retained loans | 3.07 | % | 5.57 | % | 9.85 | % | 13.3 | % | ||||||||||||||||||||||||||||||||||
Criticized nonaccrual | $ | 227 | $ | 249 | $ | 165 | $ | 207 | ||||||||||||||||||||||||||||||||||
% of criticized nonaccrual to total real estate retained loans | 0.53 | % | 0.65 | % | 1.07 | % | 1.41 | % | ||||||||||||||||||||||||||||||||||
(table continued from previous page) | ||||||||||||||||||||||||||||||||||||||||||
Financial | Government agencies | Other(d) | Total | |||||||||||||||||||||||||||||||||||||||
institutions | retained loans | |||||||||||||||||||||||||||||||||||||||||
September 30, | December 31, | September 30, | December 31, | September 30, | December 31, | September 30, | December 31, | |||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||
$ | 29,167 | $ | 22,064 | $ | 8,782 | $ | 9,183 | $ | 75,611 | $ | 79,533 | $ | 226,809 | $ | 214,446 | |||||||||||||||||||||||||||
7,324 | 13,760 | 411 | 356 | 10,654 | 9,914 | 77,384 | 83,248 | |||||||||||||||||||||||||||||||||||
307 | 395 | 3 | 5 | 183 | 201 | 5,445 | 7,094 | |||||||||||||||||||||||||||||||||||
26 | 8 | 1 | — | 180 | 198 | 950 | 1,434 | |||||||||||||||||||||||||||||||||||
7,657 | 14,163 | 415 | 361 | 11,017 | 10,313 | 83,779 | 91,776 | |||||||||||||||||||||||||||||||||||
$ | 36,824 | $ | 36,227 | $ | 9,197 | $ | 9,544 | $ | 86,628 | $ | 89,846 | $ | 310,588 | $ | 306,222 | |||||||||||||||||||||||||||
0.9 | % | 1.11 | % | 0.04 | % | 0.05 | % | 0.42 | % | 0.44 | % | 2.06 | % | 2.78 | % | |||||||||||||||||||||||||||
0.07 | 0.02 | 0.01 | — | 0.21 | 0.22 | 0.31 | 0.47 | |||||||||||||||||||||||||||||||||||
$ | 25,782 | $ | 26,326 | $ | 1,411 | $ | 1,582 | $ | 40,243 | $ | 39,421 | $ | 104,993 | $ | 104,356 | |||||||||||||||||||||||||||
11,042 | 9,901 | 7,786 | 7,962 | 46,385 | 50,425 | 205,595 | 201,866 | |||||||||||||||||||||||||||||||||||
$ | 36,824 | $ | 36,227 | $ | 9,197 | $ | 9,544 | $ | 86,628 | $ | 89,846 | $ | 310,588 | $ | 306,222 | |||||||||||||||||||||||||||
$ | 36,752 | $ | 36,151 | $ | 9,188 | $ | 9,516 | $ | 85,851 | $ | 88,177 | $ | 308,727 | $ | 302,692 | |||||||||||||||||||||||||||
36 | 62 | 8 | 28 | 567 | 1,427 | 842 | 1,958 | |||||||||||||||||||||||||||||||||||
10 | 6 | — | — | 30 | 44 | 69 | 138 | |||||||||||||||||||||||||||||||||||
26 | 8 | 1 | — | 180 | 198 | 950 | 1,434 | |||||||||||||||||||||||||||||||||||
$ | 36,824 | $ | 36,227 | $ | 9,197 | $ | 9,544 | $ | 86,628 | $ | 89,846 | $ | 310,588 | $ | 306,222 | |||||||||||||||||||||||||||
(table continued from previous page) | ||||||||||||||||||||||||||||||||||||||||||
Commercial construction and development | Other | Total real estate loans | ||||||||||||||||||||||||||||||||||||||||
September 30, | December 31, | September 30, | December 31, | September 30, | December 31, | |||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||
$ | 3,611 | $ | 2,989 | $ | 5,244 | $ | 5,053 | $ | 67,033 | $ | 60,740 | |||||||||||||||||||||||||||||||
87 | 119 | 35 | 189 | 2,959 | 4,377 | |||||||||||||||||||||||||||||||||||||
2.41 | % | 3.98 | % | 0.67 | % | 3.74 | % | 4.41 | % | 7.21 | % | |||||||||||||||||||||||||||||||
$ | 6 | $ | 21 | $ | 8 | $ | 43 | $ | 406 | $ | 520 | |||||||||||||||||||||||||||||||
0.17 | % | 0.7 | % | 0.15 | % | 0.85 | % | 0.61 | % | 0.86 | % | |||||||||||||||||||||||||||||||
Wholesale impaired loans and loan modifications | ||||||||||||||||||||||||||||||||||||||||||
Wholesale impaired loans are comprised of loans that have been placed on nonaccrual status and/or that have been modified in a troubled debt restructuring (“TDR”). All impaired loans are evaluated for an asset-specific allowance as described in Note 14 on page 178 of this Form 10-Q. | ||||||||||||||||||||||||||||||||||||||||||
The table below sets forth information about the Firm’s wholesale impaired loans. | ||||||||||||||||||||||||||||||||||||||||||
(in millions) | Commercial | Real estate | Financial | Government | Other | Total | ||||||||||||||||||||||||||||||||||||
and industrial | institutions | agencies | retained loans | |||||||||||||||||||||||||||||||||||||||
Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | |||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||
Impaired loans | ||||||||||||||||||||||||||||||||||||||||||
With an allowance | $ | 287 | $ | 588 | $ | 294 | $ | 375 | $ | 14 | $ | 6 | $ | 1 | $ | — | $ | 112 | $ | 122 | $ | 708 | $ | 1,091 | ||||||||||||||||||
Without an allowance(a) | 49 | 173 | 132 | 133 | 12 | 2 | — | — | 71 | 76 | 264 | 384 | ||||||||||||||||||||||||||||||
Total impaired loans | $ | 336 | $ | 761 | $ | 426 | $ | 508 | $ | 26 | $ | 8 | $ | 1 | $ | — | $ | 183 | $ | 198 | $ | 972 | $ | 1,475 | ||||||||||||||||||
Allowance for loan losses related to impaired loans | $ | 97 | $ | 205 | $ | 69 | $ | 82 | $ | 15 | $ | 2 | $ | — | $ | — | $ | 28 | $ | 30 | $ | 209 | $ | 319 | ||||||||||||||||||
Unpaid principal balance of impaired loans(b) | 475 | 957 | 522 | 626 | 40 | 22 | 1 | — | 275 | 318 | 1,313 | 1,923 | ||||||||||||||||||||||||||||||
(a) | When the discounted cash flows, collateral value or market price equals or exceeds the recorded investment in the loan, the loan does not require an allowance. This typically occurs when the impaired loans have been partially charged-off and/or there have been interest payments received and applied to the loan balance. | |||||||||||||||||||||||||||||||||||||||||
(b) | Represents the contractual amount of principal owed at September 30, 2013, and December 31, 2012. The unpaid principal balance differs from the impaired loan balances due to various factors, including charge-offs; interest payments received and applied to the carrying value; net deferred loan fees or costs; and unamortized discount or premiums on purchased loans. | |||||||||||||||||||||||||||||||||||||||||
The following table presents the Firm’s average impaired loans for the periods indicated. | ||||||||||||||||||||||||||||||||||||||||||
Three months | Nine months | |||||||||||||||||||||||||||||||||||||||||
ended September 30, | ended September 30, | |||||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||||||
Commercial and industrial | $ | 342 | $ | 830 | $ | 445 | $ | 879 | ||||||||||||||||||||||||||||||||||
Real estate | 450 | 742 | 500 | 825 | ||||||||||||||||||||||||||||||||||||||
Financial institutions | 18 | 11 | 12 | 20 | ||||||||||||||||||||||||||||||||||||||
Government agencies | 1 | 8 | — | 12 | ||||||||||||||||||||||||||||||||||||||
Other | 215 | 205 | 222 | 300 | ||||||||||||||||||||||||||||||||||||||
Total(a) | $ | 1,026 | $ | 1,796 | $ | 1,179 | $ | 2,036 | ||||||||||||||||||||||||||||||||||
(a) | The related interest income on accruing impaired loans and interest income recognized on a cash basis were not material for the three and nine months ended September 30, 2013 and 2012. | |||||||||||||||||||||||||||||||||||||||||
Loan modifications | ||||||||||||||||||||||||||||||||||||||||||
Certain loan modifications are considered to be TDRs as they provide various concessions to borrowers who are experiencing financial difficulty. All TDRs are reported as impaired loans in the tables above. For further information, see Note 14 on page 252 and pages 274–275 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||||||||||||||||
The following tables provide information about the Firm’s wholesale loans that have been modified in TDRs, including a reconciliation of the beginning and ending balances of such loans and information regarding the nature and extent of modifications during the periods presented. | ||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, | Commercial and industrial | Real estate | Other (b) | Total | ||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||
Beginning balance of TDRs | $ | 109 | $ | 464 | $ | 111 | $ | 121 | $ | 34 | $ | 30 | $ | 254 | $ | 615 | ||||||||||||||||||||||||||
New TDRs | — | $ | 15 | — | 14 | — | 4 | — | 33 | |||||||||||||||||||||||||||||||||
Increases to existing TDRs | — | 13 | — | — | — | — | — | 13 | ||||||||||||||||||||||||||||||||||
Charge-offs post-modification | — | (2 | ) | — | — | — | — | — | (2 | ) | ||||||||||||||||||||||||||||||||
Sales and other(a) | (30 | ) | (113 | ) | (9 | ) | (13 | ) | (9 | ) | (13 | ) | (48 | ) | (139 | ) | ||||||||||||||||||||||||||
Ending balance of TDRs | $ | 79 | $ | 377 | $ | 102 | $ | 122 | $ | 25 | $ | 21 | $ | 206 | $ | 520 | ||||||||||||||||||||||||||
Nine months ended September 30, | Commercial and industrial | Real estate | Other (b) | Total | ||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||
Beginning balance of TDRs | $ | 575 | $ | 531 | $ | 99 | $ | 176 | $ | 22 | $ | 43 | $ | 696 | $ | 750 | ||||||||||||||||||||||||||
New TDRs | 41 | $ | 71 | 41 | 24 | 37 | 70 | 119 | 165 | |||||||||||||||||||||||||||||||||
Increases to existing TDRs | 4 | 33 | — | — | — | — | 4 | 33 | ||||||||||||||||||||||||||||||||||
Charge-offs post-modification | (1 | ) | (17 | ) | (3 | ) | (2 | ) | — | (7 | ) | (4 | ) | (26 | ) | |||||||||||||||||||||||||||
Sales and other(a) | (540 | ) | (241 | ) | (35 | ) | (76 | ) | (34 | ) | (85 | ) | (609 | ) | (402 | ) | ||||||||||||||||||||||||||
Ending balance of TDRs | $ | 79 | $ | 377 | $ | 102 | $ | 122 | $ | 25 | $ | 21 | $ | 206 | $ | 520 | ||||||||||||||||||||||||||
TDRs on nonaccrual status | $ | 79 | $ | 304 | $ | 69 | $ | 90 | $ | 25 | $ | 20 | $ | 173 | $ | 414 | ||||||||||||||||||||||||||
Additional commitments to lend to borrowers whose loans have been modified in TDRs | 15 | 192 | — | — | 4 | — | 19 | 192 | ||||||||||||||||||||||||||||||||||
(a) | Sales and other are largely sales and paydowns, but also included performing loans restructured at market rates that were removed from the reported TDR balance of zero and $3 million during the three months ended September 30, 2013 and 2012, respectively, and zero and $43 million during the nine months ended September 30, 2013 and 2012, respectively. Loans that have been removed continue to be evaluated along with other impaired loans to determine the asset-specific component of the allowance for loan losses (see Note 15 on pages 276–279 of JPMorgan Chase’s 2012 Annual Report). | |||||||||||||||||||||||||||||||||||||||||
(b) | Includes loans to Financial institutions, Government agencies and Other. | |||||||||||||||||||||||||||||||||||||||||
Financial effects of modifications and redefaults | ||||||||||||||||||||||||||||||||||||||||||
Wholesale loans modified as TDRs are typically term or payment extensions and, to a lesser extent, deferrals of principal and/or interest on commercial and industrial and real estate loans. For the three months ended September 30, 2013 and 2012, the average term extension granted on wholesale loans with term or payment extensions was 6.0 years and 0.3 years, respectively. The weighted-average remaining term for all wholesale loans modified during these periods was 3.1 years and 4.9 years, respectively. Wholesale TDR loans that redefaulted within one year of the modification were zero and $4 million during the three months ended September 30, 2013 and 2012, respectively. For the nine months ended September 30, 2013 and 2012, the average term extension granted on wholesale loans with term or payment extensions was 2.1 years and 1.0 years, respectively. The weighted-average remaining term for all wholesale loans modified during these periods was 1.6 years and 3.8 years, respectively. Wholesale TDR loans that redefaulted within one year of the modification were $1 million and $56 million during the nine months ended September 30, 2013 and 2012, respectively. A payment default is deemed to occur when the borrower has not made a loan payment by its scheduled due date after giving effect to any contractual grace period. |
Allowance_for_Credit_Losses
Allowance for Credit Losses | 9 Months Ended | |||||||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||||||
Allowance for Credit Losses [Abstract] | ' | |||||||||||||||||||||||||||||
ALLOWANCE FOR CREDIT LOSSES | ' | |||||||||||||||||||||||||||||
Allowance for credit losses | ||||||||||||||||||||||||||||||
For detailed discussion of the allowance for credit losses and the related accounting policies, see Note 15 on pages 276–279 JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||||
Allowance for credit losses and loans and lending-related commitments by impairment methodology | ||||||||||||||||||||||||||||||
The table below summarizes information about the allowance for loan losses, loans by impairment methodology, the allowance for lending-related commitments and lending-related commitments by impairment methodology. | ||||||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||||
Nine months ended September 30, | Consumer, excluding credit card | Credit card | Wholesale | Total | Consumer, excluding credit card | Credit card | Wholesale | Total | ||||||||||||||||||||||
(in millions) | ||||||||||||||||||||||||||||||
Allowance for loan losses | ||||||||||||||||||||||||||||||
Beginning balance at January 1, | $ | 12,292 | $ | 5,501 | $ | 4,143 | $ | 21,936 | $ | 16,294 | $ | 6,999 | $ | 4,316 | $ | 27,609 | ||||||||||||||
Gross charge-offs | 1,829 | 3,461 | 190 | 5,480 | 4,001 | (c) | 4,494 | 213 | 8,708 | |||||||||||||||||||||
Gross recoveries | (337 | ) | (473 | ) | (196 | ) | (1,006 | ) | (393 | ) | (647 | ) | (233 | ) | (1,273 | ) | ||||||||||||||
Net charge-offs/(recoveries) | 1,492 | 2,988 | (6 | ) | 4,474 | 3,608 | (c) | 3,847 | (20 | ) | 7,435 | |||||||||||||||||||
Provision for loan losses | (1,346 | ) | 1,588 | (130 | ) | 112 | 314 | 2,347 | (14 | ) | 2,647 | |||||||||||||||||||
Other | (6 | ) | (4 | ) | 7 | (3 | ) | (12 | ) | 4 | 11 | 3 | ||||||||||||||||||
Ending balance at September 30, | $ | 9,448 | $ | 4,097 | $ | 4,026 | $ | 17,571 | $ | 12,988 | $ | 5,503 | $ | 4,333 | $ | 22,824 | ||||||||||||||
Allowance for loan losses by impairment methodology | ||||||||||||||||||||||||||||||
Asset-specific(a) | $ | 689 | $ | 1,080 | (b) | $ | 209 | $ | 1,978 | $ | 918 | $ | 1,909 | (b) | $ | 388 | $ | 3,215 | ||||||||||||
Formula-based | 3,798 | 3,017 | 3,817 | 10,632 | 6,359 | 3,594 | 3,945 | 13,898 | ||||||||||||||||||||||
PCI | 4,961 | — | — | 4,961 | 5,711 | — | — | 5,711 | ||||||||||||||||||||||
Total allowance for loan losses | $ | 9,448 | $ | 4,097 | $ | 4,026 | $ | 17,571 | $ | 12,988 | $ | 5,503 | $ | 4,333 | $ | 22,824 | ||||||||||||||
Loans by impairment methodology | ||||||||||||||||||||||||||||||
Asset-specific | $ | 14,149 | $ | 3,468 | $ | 972 | $ | 18,589 | $ | 13,900 | $ | 5,274 | $ | 1,748 | $ | 20,922 | ||||||||||||||
Formula-based | 219,303 | 120,204 | 309,605 | 649,112 | 219,983 | 119,157 | 295,805 | 634,945 | ||||||||||||||||||||||
PCI | 54,759 | — | 11 | 54,770 | 61,196 | — | 23 | 61,219 | ||||||||||||||||||||||
Total retained loans | $ | 288,211 | $ | 123,672 | $ | 310,588 | $ | 722,471 | $ | 295,079 | $ | 124,431 | $ | 297,576 | $ | 717,086 | ||||||||||||||
Impaired collateral-dependent loans | ||||||||||||||||||||||||||||||
Net charge-offs | $ | 190 | $ | — | $ | 16 | $ | 206 | $ | 992 | $ | — | $ | 57 | $ | 1,049 | ||||||||||||||
Loans measured at fair value of collateral less cost to sell | 3,113 | — | 367 | 3,480 | 3,251 | — | 590 | 3,841 | ||||||||||||||||||||||
Allowance for lending-related commitments | ||||||||||||||||||||||||||||||
Beginning balance at January 1, | $ | 7 | $ | — | $ | 661 | $ | 668 | $ | 7 | $ | — | $ | 666 | $ | 673 | ||||||||||||||
Provision for lending-related commitments | 1 | — | 8 | 9 | (1 | ) | — | 83 | 82 | |||||||||||||||||||||
Other | 1 | — | (1 | ) | — | 1 | — | (4 | ) | (3 | ) | |||||||||||||||||||
Ending balance at September 30, | $ | 9 | $ | — | $ | 668 | $ | 677 | $ | 7 | $ | — | $ | 745 | $ | 752 | ||||||||||||||
Allowance for lending-related commitments by impairment methodology | ||||||||||||||||||||||||||||||
Asset-specific | $ | — | $ | — | $ | 71 | $ | 71 | $ | — | $ | — | $ | 191 | $ | 191 | ||||||||||||||
Formula-based | 9 | — | 597 | 606 | 7 | — | 554 | 561 | ||||||||||||||||||||||
Total allowance for lending-related commitments | $ | 9 | $ | — | $ | 668 | $ | 677 | $ | 7 | $ | — | $ | 745 | $ | 752 | ||||||||||||||
Lending-related commitments by impairment methodology | ||||||||||||||||||||||||||||||
Asset-specific | $ | — | $ | — | $ | 244 | $ | 244 | $ | — | $ | — | $ | 586 | $ | 586 | ||||||||||||||
Formula-based | 58,787 | 532,251 | 448,823 | 1,039,861 | 62,183 | 534,333 | 421,971 | 1,018,487 | ||||||||||||||||||||||
Total lending-related commitments | $ | 58,787 | $ | 532,251 | $ | 449,067 | $ | 1,040,105 | $ | 62,183 | $ | 534,333 | $ | 422,557 | $ | 1,019,073 | ||||||||||||||
(a) | Includes risk-rated loans that have been placed on nonaccrual status and loans that have been modified in a TDR. | |||||||||||||||||||||||||||||
(b) | The asset-specific credit card allowance for loan losses is related to loans that have been modified in a TDR; such allowance is calculated based on the loans’ original contractual interest rates and does not consider any incremental penalty rates. | |||||||||||||||||||||||||||||
(c) | Consumer, excluding credit card, charge-offs for the nine months ended September 30, 2012 included $825 million of incremental charge-offs for Chapter 7 residential real estate loans and $55 million of incremental charge-offs for Chapter 7 auto loans. |
Variable_Interest_Entities
Variable Interest Entities | 9 Months Ended | |||||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||||
Variable Interest Entities [Abstract] | ' | |||||||||||||||||||||||||||
VARIABLE INTEREST ENTITIES | ' | |||||||||||||||||||||||||||
Variable interest entities | ||||||||||||||||||||||||||||
For a further description of JPMorgan Chase’s accounting policies regarding consolidation of variable interest entities (“VIEs”), see Note 1 on pages 193–194 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||
The following table summarizes the most significant types of Firm-sponsored VIEs by business segment. | ||||||||||||||||||||||||||||
Line-of-Business | Transaction Type | Activity | Form 10-Q page reference | |||||||||||||||||||||||||
CCB | Credit card securitization trusts | Securitization of both originated and purchased credit card receivables | 179 | |||||||||||||||||||||||||
Mortgage securitization trusts | Securitization of both originated and purchased residential mortgages | 179–181 | ||||||||||||||||||||||||||
Other securitization trusts | Securitization of originated automobile and student loans | 179–181 | ||||||||||||||||||||||||||
CIB | Mortgage and other securitization trusts | Securitization of both originated and purchased residential and commercial mortgages, automobile and student loans | 179–181 | |||||||||||||||||||||||||
Multi-seller conduits | Assist clients in accessing the financial markets in a cost-efficient manner and structures transactions to meet investor needs | 181 | ||||||||||||||||||||||||||
Investor intermediation activities: | ||||||||||||||||||||||||||||
Municipal bond vehicles | 181–182 | |||||||||||||||||||||||||||
Credit-related note and asset swap vehicles | 182 | |||||||||||||||||||||||||||
The Firm also invests in and provides financing and other services to VIEs sponsored by third parties, as described in Note 16 on page 288 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||
Significant Firm-sponsored variable interest entities | ||||||||||||||||||||||||||||
Credit card securitizations | ||||||||||||||||||||||||||||
For a more detailed discussion of JPMorgan Chase’s involvement with credit card securitizations, see Note 16 on page 281 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||
As a result of the Firm’s continuing involvement, the Firm is considered to be the primary beneficiary of its Firm-sponsored credit card securitization trusts. This includes the Firm’s primary card securitization trust, Chase Issuance Trust. See the table on page 183 of this Note for further information on consolidated VIE assets and liabilities. | ||||||||||||||||||||||||||||
Firm-sponsored mortgage and other securitization trusts | ||||||||||||||||||||||||||||
The Firm securitizes (or has securitized) originated and purchased residential mortgages, commercial mortgages and other consumer loans (including automobile and student loans) primarily in its CIB and CCB businesses. Depending on the particular transaction, as well as the respective business involved, the Firm may act as the servicer of the loans and/or retain certain beneficial interest in the securitization trusts. | ||||||||||||||||||||||||||||
For a detailed discussion of the Firm’s involvement with Firm-sponsored mortgage and other securitization trusts, as well as the accounting treatment relating to such trusts, see Note 16 on pages 281–284 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||
The following table presents the total unpaid principal amount of assets held in Firm-sponsored private-label securitization entities, including those in which the Firm has continuing involvement, and those that are consolidated by the Firm. Continuing involvement includes servicing the loans; holding senior interests or subordinated interests; recourse or guarantee arrangements; and derivative transactions. In certain instances, the Firm’s only continuing involvement is servicing the loans. See Securitization activity on page 184 of this Note for further information regarding the Firm’s cash flows with and interests retained in nonconsolidated VIEs, and Loans and excess mortgage servicing rights sold to agencies and other third-party-sponsored securitization entities on page 184 of this Note for information on the Firm’s loan sales to U.S. government agencies. | ||||||||||||||||||||||||||||
Principal amount outstanding | JPMorgan Chase interest in securitized assets in nonconsolidated VIEs(c)(d)(e) | |||||||||||||||||||||||||||
September 30, 2013(a) (in billions) | Total assets held by securitization VIEs | Assets | Assets held in nonconsolidated securitization VIEs with continuing involvement | Trading assets | AFS securities | Total interests held by JPMorgan Chase | ||||||||||||||||||||||
held in consolidated securitization VIEs | ||||||||||||||||||||||||||||
Securitization-related | ||||||||||||||||||||||||||||
Residential mortgage: | ||||||||||||||||||||||||||||
Prime/Alt-A and Option ARMs | $ | 112.9 | $ | 3.6 | $ | 93.7 | $ | 0.5 | $ | 0.3 | $ | 0.8 | ||||||||||||||||
Subprime | 33 | 1.8 | 29.1 | 0.1 | — | 0.1 | ||||||||||||||||||||||
Commercial and other(b) | 125.4 | — | 88.6 | 0.4 | 3 | 3.4 | ||||||||||||||||||||||
Total | $ | 271.3 | $ | 5.4 | $ | 211.4 | $ | 1 | $ | 3.3 | $ | 4.3 | ||||||||||||||||
Principal amount outstanding | JPMorgan Chase interest in securitized assets in nonconsolidated VIEs(c)(d)(e) | |||||||||||||||||||||||||||
December 31, 2012(a) (in billions) | Total assets held by securitization VIEs | Assets held in consolidated securitization VIEs | Assets held in nonconsolidated securitization VIEs with continuing involvement | Trading assets | AFS securities | Total interests held by JPMorgan Chase | ||||||||||||||||||||||
Securitization-related | ||||||||||||||||||||||||||||
Residential mortgage: | ||||||||||||||||||||||||||||
Prime/Alt-A and Option ARMs | $ | 133.5 | $ | 2.7 | $ | 106.7 | $ | 0.3 | $ | — | $ | 0.3 | ||||||||||||||||
Subprime | 34.5 | 1.3 | 31.3 | 0.1 | — | 0.1 | ||||||||||||||||||||||
Commercial and other(b) | 127.8 | — | 81.8 | 1.5 | 2.8 | 4.3 | ||||||||||||||||||||||
Total | $ | 295.8 | $ | 4 | $ | 219.8 | $ | 1.9 | $ | 2.8 | $ | 4.7 | ||||||||||||||||
(a) | Excludes U.S. government agency securitizations. See Loans and excess mortgage servicing rights sold to agencies and other third-party-sponsored securitization entities on page 184 of this Note for information on the Firm’s loan sales to U.S. government agencies. | |||||||||||||||||||||||||||
(b) | Consists of securities backed by commercial loans (predominantly real estate) and non-mortgage-related consumer receivables purchased from third parties. The Firm generally does not retain a residual interest in its sponsored commercial mortgage securitization transactions. | |||||||||||||||||||||||||||
(c) | The table above excludes the following: retained servicing (see Note 16 on pages 186–189 of this Form 10-Q for a discussion of MSRs); securities retained from loans sales to U.S. government agencies; interest rate and foreign exchange derivatives primarily used to manage interest rate and foreign exchange risks of securitization entities (See Note 5 on pages 133–144 of this Form 10-Q for further information on derivatives); senior and subordinated securities of $169 million and $20 million, respectively, at September 30, 2013, and $131 million and $45 million, respectively, at December 31, 2012, which the Firm purchased in connection with CIB’s secondary market-making activities. | |||||||||||||||||||||||||||
(d) | Includes interests held in re-securitization transactions. | |||||||||||||||||||||||||||
(e) | As of September 30, 2013, and December 31, 2012, 58% and 74%, respectively, of the Firm’s retained securitization interests, which are carried at fair value, were risk-rated “A” or better, on an S&P-equivalent basis. The retained interests in prime residential mortgages consisted of $437 million and $170 million of investment-grade and $339 million and $171 million of noninvestment-grade retained interests at September 30, 2013, and December 31, 2012, respectively. The retained interests in commercial and other securitizations trusts consisted of $3.3 billion and $4.1 billion of investment-grade and $154 million and $164 million of noninvestment-grade retained interests at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||||
Residential mortgages | ||||||||||||||||||||||||||||
For a more detailed description of the Firm’s involvement with residential mortgage securitizations, see Note 16 on page 283 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||
At September 30, 2013, and December 31, 2012, the Firm did not consolidate the assets of certain Firm-sponsored residential mortgage securitization VIEs, in which the Firm had continuing involvement, primarily due to the fact that the Firm did not hold an interest in these trusts that could potentially be significant to the trusts. See the table on page 183 of this Note for more information on the consolidated residential mortgage securitizations, and the table on the previous page of this Note for further information on interests held in nonconsolidated residential mortgage securitizations. | ||||||||||||||||||||||||||||
Commercial mortgages and other consumer securitizations | ||||||||||||||||||||||||||||
CIB originates and securitizes commercial mortgage loans, and engages in underwriting and trading activities involving the securities issued by securitization trusts. For a more detailed description of the Firm’s involvement with commercial mortgage and other consumer securitizations, see Note 16 on page 283 of JPMorgan Chase’s 2012 Annual Report. See the table on the previous page of this Note for more information on interests held in nonconsolidated securitizations. | ||||||||||||||||||||||||||||
Re-securitizations | ||||||||||||||||||||||||||||
For a more detailed description of JPMorgan Chase’s | ||||||||||||||||||||||||||||
participation in re-securitization transactions, see Note 16 on pages 283–284 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||
During the three and nine months ended September 30, 2013, the Firm transferred $7.5 billion and $14.6 billion, respectively, of securities to agency VIEs. There were no securities transferred to private-label VIEs during the three and nine months ended September 30, 2013. During the three and nine months ended September 30, 2012, the Firm transferred $2.0 billion and $8.0 billion, respectively, of securities to agency VIEs, and $45 million and $286 million, respectively, of securities to private-label VIEs. | ||||||||||||||||||||||||||||
As of September 30, 2013, and December 31, 2012, the Firm did not consolidate any agency re-securitizations. As of September 30, 2013, and December 31, 2012, the Firm consolidated $87 million and $76 million, respectively, of assets, and $23 million and $5 million, respectively, of liabilities of private-label re-securitizations. See the table on page 183 of this Note for more information on the consolidated re-securitization transactions. | ||||||||||||||||||||||||||||
As of September 30, 2013, and December 31, 2012, total assets (including the notional amount of interest-only securities) of nonconsolidated Firm-sponsored private-label re-securitization entities in which the Firm has continuing involvement were $2.6 billion and $4.6 billion, respectively. At September 30, 2013, and December 31, 2012, the Firm held approximately $2.6 billion and $2.0 billion, respectively, of interests in nonconsolidated agency re-securitization entities, and $5 million and $61 million, respectively, of senior and subordinated interests in nonconsolidated private-label re-securitization entities. See the table on page 180 of this Note for further information on interests held in nonconsolidated securitizations. | ||||||||||||||||||||||||||||
Multi-seller conduits | ||||||||||||||||||||||||||||
For a more detailed description of JPMorgan Chase’s principal involvement with Firm-administered multi-seller conduits, see Note 16 on pages 284–285 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||
In the normal course of business, JPMorgan Chase makes markets in and invests in commercial paper, including commercial paper issued by the Firm-administered multi-seller conduits. The Firm held $4.2 billion and $8.3 billion of the commercial paper issued by the Firm-administered multi-seller conduits at September 30, 2013, and December 31, 2012, which was eliminated in consolidation. The Firm’s investments were not driven by market liquidity and the Firm is not obligated under any agreement to purchase the commercial paper issued by the Firm-administered multi-seller conduits. | ||||||||||||||||||||||||||||
Deal-specific liquidity facilities, program-wide liquidity and credit enhancement provided by the Firm have been eliminated in consolidation. The Firm provides lending-related commitments to certain clients of the Firm-administered multi-seller conduits. The unfunded portion of these commitments was $11.2 billion and $10.8 billion at September 30, 2013, and December 31, 2012, respectively, which are reported as off-balance sheet lending-related commitments. For more information on off-balance sheet lending-related commitments, see Note 21 on pages 195–199 of this Form 10-Q. | ||||||||||||||||||||||||||||
VIEs associated with investor intermediation activities | ||||||||||||||||||||||||||||
Municipal bond vehicles | ||||||||||||||||||||||||||||
For a more detailed description of JPMorgan Chase’s principal involvement with municipal bond vehicles, see Note 16 on pages 285–286 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||
The Firm’s exposure to nonconsolidated municipal bond VIEs at September 30, 2013, and December 31, 2012, including the ratings profile of the VIEs’ assets, was as follows. | ||||||||||||||||||||||||||||
(in billions) | Fair value of assets held by VIEs | Liquidity facilities | Excess/(deficit)(a) | Maximum exposure | ||||||||||||||||||||||||
Nonconsolidated municipal bond vehicles | ||||||||||||||||||||||||||||
30-Sep-13 | $ | 12.7 | $ | 7.6 | $ | 5.1 | $ | 7.6 | ||||||||||||||||||||
31-Dec-12 | 14.2 | 8 | 6.2 | 8 | ||||||||||||||||||||||||
Ratings profile of VIE assets(b) | Fair value of assets held by VIEs | Wt. avg. expected life of assets (years) | ||||||||||||||||||||||||||
Investment-grade | Noninvestment- grade | |||||||||||||||||||||||||||
(in billions, except where otherwise noted) | AAA to AAA- | AA+ to AA- | A+ to A- | BBB+ to BBB- | BB+ and below | |||||||||||||||||||||||
30-Sep-13 | $ | 2.9 | $ | 9.7 | $ | 0.1 | $ | — | $ | — | $ | 12.7 | 6.2 | |||||||||||||||
31-Dec-12 | 3.1 | 11 | 0.1 | — | — | 14.2 | 5.9 | |||||||||||||||||||||
(a) | Represents the excess/(deficit) of the fair values of municipal bond assets available to repay the liquidity facilities, if drawn. | |||||||||||||||||||||||||||
(b) | The ratings scale is presented on an S&P-equivalent basis. Prior periods have been reclassified to conform with the current presentation. | |||||||||||||||||||||||||||
Credit-related note and asset swap vehicles | ||||||||||||||||||||||||||||
For a more detailed description of JPMorgan Chase’s principal involvement with credit-related note and asset swap vehicles, see Note 16 on pages 286–288 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||
Exposure to nonconsolidated credit-related note and asset swap VIEs at September 30, 2013, and December 31, 2012, was as follows. | ||||||||||||||||||||||||||||
30-Sep-13 | Net derivative receivables | Total | Par value of collateral held by VIEs(a) | |||||||||||||||||||||||||
(in billions) | exposure | |||||||||||||||||||||||||||
Credit-related notes | ||||||||||||||||||||||||||||
Static structure | $ | — | $ | — | $ | 4.8 | ||||||||||||||||||||||
Managed structure | 0.3 | 0.3 | 4.3 | |||||||||||||||||||||||||
Total credit-related notes | 0.3 | 0.3 | 9.1 | |||||||||||||||||||||||||
Asset swaps | 0.4 | 0.4 | 7.2 | |||||||||||||||||||||||||
Total | $ | 0.7 | $ | 0.7 | $ | 16.3 | ||||||||||||||||||||||
31-Dec-12 | Net derivative receivables | Total | Par value of collateral held by VIEs(a) | |||||||||||||||||||||||||
(in billions) | exposure | |||||||||||||||||||||||||||
Credit-related notes | ||||||||||||||||||||||||||||
Static structure | $ | 0.5 | $ | 0.5 | $ | 7.3 | ||||||||||||||||||||||
Managed structure | 0.6 | 0.6 | 5.6 | |||||||||||||||||||||||||
Total credit-related notes | 1.1 | 1.1 | 12.9 | |||||||||||||||||||||||||
Asset swaps | 0.4 | 0.4 | 7.9 | |||||||||||||||||||||||||
Total | $ | 1.5 | $ | 1.5 | $ | 20.8 | ||||||||||||||||||||||
(a) | The Firm’s maximum exposure arises through the derivatives executed with the VIEs; the exposure varies over time with changes in the fair value of the derivatives. The Firm relies on the collateral held by the VIEs to pay any amounts due under the derivatives; the vehicles are structured at inception so that the par value of the collateral is expected to be sufficient to pay amounts due under the derivative contracts. | |||||||||||||||||||||||||||
The Firm consolidated credit-related note vehicles with collateral fair values of $316 million and $483 million, at September 30, 2013, and December 31, 2012, respectively. These consolidated VIEs included some that were structured by the Firm where the Firm provides the credit derivative, and some that have been structured by third parties where the Firm is not the credit derivative provider. The Firm consolidated these vehicles, because it held positions in these entities that provided the Firm with control. The Firm did not consolidate any asset swap vehicles at September 30, 2013, and December 31, 2012. | ||||||||||||||||||||||||||||
VIEs sponsored by third parties | ||||||||||||||||||||||||||||
The Firm also invests in and provides financing and other services to VIEs sponsored by third parties, as described on page 288 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||
Consolidated VIE assets and liabilities | ||||||||||||||||||||||||||||
The following table presents information on assets and liabilities related to VIEs consolidated by the Firm as of September 30, 2013, and December 31, 2012. | ||||||||||||||||||||||||||||
Assets | Liabilities | |||||||||||||||||||||||||||
September 30, 2013 (in billions)(a) | Trading assets – | Loans | Other(d) | Total | Beneficial interests in | Other(g) | Total | |||||||||||||||||||||
debt and equity instruments | assets(e) | VIE assets(f) | liabilities | |||||||||||||||||||||||||
VIE program type | ||||||||||||||||||||||||||||
Firm-sponsored credit card trusts | $ | — | $ | 47.5 | $ | 1 | $ | 48.5 | $ | 26.4 | $ | — | $ | 26.4 | ||||||||||||||
Firm-administered multi-seller conduits | — | 17.6 | 0.1 | 17.7 | 13.4 | — | 13.4 | |||||||||||||||||||||
Municipal bond vehicles | 4.4 | — | — | 4.4 | 3.8 | — | 3.8 | |||||||||||||||||||||
Mortgage securitization entities(b) | 2.1 | 1.8 | — | 3.9 | 2.8 | 0.9 | 3.7 | |||||||||||||||||||||
Other(c) | 0.7 | 2.5 | 1.2 | 4.4 | 2.5 | 0.1 | 2.6 | |||||||||||||||||||||
Total | $ | 7.2 | $ | 69.4 | $ | 2.3 | $ | 78.9 | $ | 48.9 | $ | 1 | $ | 49.9 | ||||||||||||||
Assets | Liabilities | |||||||||||||||||||||||||||
December 31, 2012 (in billions)(a) | Trading assets – | Loans | Other(d) | Total | Beneficial interests in | Other(g) | Total | |||||||||||||||||||||
debt and equity instruments | assets(e) | VIE assets(f) | liabilities | |||||||||||||||||||||||||
VIE program type | ||||||||||||||||||||||||||||
Firm-sponsored credit card trusts | $ | — | $ | 51.9 | $ | 0.8 | $ | 52.7 | $ | 30.1 | $ | — | $ | 30.1 | ||||||||||||||
Firm-administered multi-seller conduits | — | 25.4 | 0.1 | 25.5 | 17.2 | — | 17.2 | |||||||||||||||||||||
Municipal bond vehicles | 9.8 | — | 0.1 | 9.9 | 11 | — | 11 | |||||||||||||||||||||
Mortgage securitization entities(b) | 1.4 | 2 | — | 3.4 | 2.3 | 1.1 | 3.4 | |||||||||||||||||||||
Other(c) | 0.8 | 3.4 | 1.1 | 5.3 | 2.6 | 0.1 | 2.7 | |||||||||||||||||||||
Total | $ | 12 | $ | 82.7 | $ | 2.1 | $ | 96.8 | $ | 63.2 | $ | 1.2 | $ | 64.4 | ||||||||||||||
(a) | Excludes intercompany transactions which were eliminated in consolidation. | |||||||||||||||||||||||||||
(b) | Includes residential and commercial mortgage securitizations as well as re-securitizations. | |||||||||||||||||||||||||||
(c) | Primarily comprises student loan securitization entities. The Firm consolidated $2.6 billion and $3.3 billion of student loan securitization entities as of September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||||
(d) | Includes assets classified as cash, derivative receivables, AFS securities, and other assets within the Consolidated Balance Sheets. | |||||||||||||||||||||||||||
(e) | The assets of the consolidated VIEs included in the program types above are used to settle the liabilities of those entities. The difference between total assets and total liabilities recognized for consolidated VIEs represents the Firm’s interest in the consolidated VIEs for each program type. | |||||||||||||||||||||||||||
(f) | The interest-bearing beneficial interest liabilities issued by consolidated VIEs are classified in the line item on the Consolidated Balance Sheets titled, “Beneficial interests issued by consolidated variable interest entities.” The holders of these beneficial interests do not have recourse to the general credit of JPMorgan Chase. Included in beneficial interests in VIE assets are long-term beneficial interests of $31.6 billion and $35.0 billion at September 30, 2013, and December 31, 2012, respectively. The maturities of the long-term beneficial interests as of September 30, 2013, were as follows: $5.5 billion under one year, $18.7 billion between one and five years, and $7.4 billion over five years, all respectively. | |||||||||||||||||||||||||||
(g) | Includes liabilities classified as accounts payable and other liabilities in the Consolidated Balance Sheets. | |||||||||||||||||||||||||||
Supplemental information on loan securitizations | ||||||||||||||||||||||||||||
The Firm securitizes and sells a variety of loans, including residential mortgage, credit card, automobile, student and commercial (primarily related to real estate) loans, as well as debt securities. The primary purposes of these securitization transactions are to satisfy investor demand and to generate liquidity for the Firm. | ||||||||||||||||||||||||||||
Securitization activity | ||||||||||||||||||||||||||||
The following table provides information related to the Firm’s securitization activities for the three and nine months ended September 30, 2013 and 2012, related to assets held in JPMorgan Chase-sponsored securitization entities that were not consolidated by the Firm, and where sale accounting was achieved based on the accounting rules in effect at the time of the securitization. | ||||||||||||||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | |||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||
(in millions, except rates)(a) | Residential mortgage(d) | Commercial and other(f) | Residential mortgage(d)(e) | Commercial and other(f) | Residential mortgage(d) | Commercial and other(f) | Residential mortgage(d)(e) | Commercial and other(f) | ||||||||||||||||||||
Principal securitized | $ | 345 | $ | 1,867 | $ | — | $ | 1,004 | $ | 1,404 | $ | 7,151 | (f) | $ | — | $ | 3,067 | |||||||||||
All cash flows during the period: | ||||||||||||||||||||||||||||
Proceeds from new securitizations(b) | $ | 330 | $ | 1,855 | $ | — | $ | 1,050 | $ | 1,410 | $ | 7,281 | (f) | $ | — | $ | 3,211 | |||||||||||
Servicing fees collected | 149 | 1 | 155 | 1 | 434 | 4 | 506 | 3 | ||||||||||||||||||||
Purchases of previously transferred financial assets (or the underlying collateral)(c) | 12 | — | 46 | — | 283 | — | 157 | — | ||||||||||||||||||||
Cash flows received on interests | 51 | 116 | 49 | 34 | 106 | 258 | 146 | 116 | ||||||||||||||||||||
(a) | Excludes re-securitization transactions. | |||||||||||||||||||||||||||
(b) | For the three and nine months ended September 30, 2013, $330 million and $1.4 billion, respectively, of proceeds from residential mortgage securitizations were received as securities classified in level 2 of the fair value hierarchy. For the three and nine months ended September 30, 2013, $1.9 billion and $7.1 billion, respectively, of proceeds from commercial mortgage securitizations were received as securities classified in level 2 of the fair value hierarchy and zero and $207 million, respectively, of proceeds from commercial mortgage securitizations were received as cash. For the three and nine months ended September 30, 2012, $1.1 billion and $3.2 billion, respectively, of commercial mortgage securitizations were received as securities classified in level 2 of the fair value hierarchy. | |||||||||||||||||||||||||||
(c) | Includes cash paid by the Firm to reacquire assets from off–balance sheet, nonconsolidated entities – for example, loan repurchases due to representation and warranties and servicer clean-up calls. | |||||||||||||||||||||||||||
(d) | Includes prime, Alt-A, subprime, and option ARMs. Excludes sales for which the Firm did not securitize the loan (including loans sold to Ginnie Mae, Fannie Mae and Freddie Mac). | |||||||||||||||||||||||||||
(e) | There were no residential mortgage securitizations during the three months and nine months ended September 30, 2012. | |||||||||||||||||||||||||||
(f) | Includes commercial and student loan securitizations. | |||||||||||||||||||||||||||
Loans and excess mortgage servicing rights sold to agencies and other third-party-sponsored securitization entities | ||||||||||||||||||||||||||||
In addition to the amounts reported in the securitization activity tables above, the Firm, in the normal course of business, sells originated and purchased mortgage loans and certain originated excess mortgage servicing rights on a nonrecourse basis, predominantly to Ginnie Mae, Fannie Mae and Freddie Mac (the “Agencies”). These loans and excess mortgage servicing rights are sold primarily for the purpose of securitization by the Agencies, which also provide credit enhancement of the loans and excess mortgage servicing rights through certain guarantee provisions. The Firm does not consolidate these securitization vehicles as it is not the primary beneficiary. For a limited number of loan sales, the Firm is obligated to share a portion of the credit risk associated with the sold loans with the purchaser. See Note 29 on pages 308–315 of the Firm’s 2012 Annual Report for additional information about the Firm’s loan sales- and securitization-related indemnifications. See Note 16 on pages 186–189 of this Form 10-Q for additional information about the impact of the Firm’s sale of certain excess mortgage servicing rights. | ||||||||||||||||||||||||||||
The following table summarizes the activities related to loans sold to U.S. agencies and third-party-sponsored securitization entities. | ||||||||||||||||||||||||||||
Three months ended | Nine months ended | |||||||||||||||||||||||||||
September 30, | September 30, | |||||||||||||||||||||||||||
(in millions) | 2013 | 2012(e) | 2013 | 2012(e) | ||||||||||||||||||||||||
Carrying value of loans sold(a) | $ | 39,354 | $ | 47,900 | $ | 142,279 | $ | 131,633 | ||||||||||||||||||||
Proceeds received from loan sales as cash | 202 | 26 | 663 | 67 | ||||||||||||||||||||||||
Proceeds from loans sales as securities(b) | 38,661 | 47,324 | 140,053 | 130,015 | ||||||||||||||||||||||||
Total proceeds received from loan sales(c) | $ | 38,863 | $ | 47,350 | $ | 140,716 | $ | 130,082 | ||||||||||||||||||||
Gains on loan sales(d) | 31 | 50 | 281 | 141 | ||||||||||||||||||||||||
(a) | Predominantly to U.S. government agencies. | |||||||||||||||||||||||||||
(b) | Predominantly includes securities from U.S. government agencies that are generally sold shortly after receipt. | |||||||||||||||||||||||||||
(c) | Excludes the value of MSRs retained upon the sale of loans. Gains on loans sales include the value of MSRs. | |||||||||||||||||||||||||||
(d) | The carrying value of the loans accounted for at fair value approximated the proceeds received upon loan sale. | |||||||||||||||||||||||||||
(e) | Prior periods have been revised to conform with the current presentation. | |||||||||||||||||||||||||||
Options to repurchase delinquent loans | ||||||||||||||||||||||||||||
In addition to the Firm’s obligation to repurchase certain loans due to material breaches of representations and warranties as discussed in Note 21 on pages 195–199 of this Form 10-Q, the Firm also has the option to repurchase delinquent loans that it services for Ginnie Mae loan pools, as well as for other U.S. government agencies under certain arrangements. The Firm may elect to repurchase delinquent loans from Ginnie Mae loan pools as it continues to service them and/or manage the foreclosure process in accordance with the applicable requirements, and such loans continue to be insured or guaranteed. When the Firm’s repurchase option becomes exercisable, such loans must be reported on the Consolidated Balance Sheets as a loan with a corresponding liability. As of September 30, 2013, and December 31, 2012, the Firm had recorded on its Consolidated Balance Sheets $14.0 billion and $15.6 billion, respectively of loans that either had been repurchased or for which the Firm had an option to repurchase. Predominately all of these amounts relate to loans that have been repurchased from Ginnie Mae loan pools. Additionally, real estate owned resulting from voluntary repurchases of loans was $1.9 billion and $1.6 billion as of September 30, 2013, and December 31, 2012, respectively. Substantially all of these loans and real estate owned are insured or guaranteed by U.S. government agencies and reimbursement is proceeding normally. For additional information, refer to Note 13 on pages 155–177 of this Form 10-Q and Note 14 on pages 250–275 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||
JPMorgan Chase’s interest in securitized assets held at fair value | ||||||||||||||||||||||||||||
The following table outlines the key economic assumptions used to determine the fair value, as of September 30, 2013, and December 31, 2012, of certain of the Firm’s retained interests in nonconsolidated VIEs (other than MSRs), that are valued using modeling techniques. The table also outlines the sensitivities of those fair values to immediate 10% and 20% adverse changes in assumptions used to determine fair value. For a discussion of MSRs, see Note 16 on pages 186–189 of this Form 10-Q. | ||||||||||||||||||||||||||||
Commercial and other | ||||||||||||||||||||||||||||
(in millions, except rates and where otherwise noted)(a) | September 30, | December 31, | ||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||
JPMorgan Chase interests in securitized assets | $ | 427 | $ | 1,488 | ||||||||||||||||||||||||
Weighted-average life (in years) | 5.8 | 6.1 | ||||||||||||||||||||||||||
Weighted-average discount rate(b) | 4.5 | % | 4.1 | % | ||||||||||||||||||||||||
Impact of 10% adverse change | $ | (9 | ) | $ | (34 | ) | ||||||||||||||||||||||
Impact of 20% adverse change | (17 | ) | (65 | ) | ||||||||||||||||||||||||
(a) | The Firm’s interests in prime mortgage securitizations were $506 million and $341 million, as of September 30, 2013, and December 31, 2012, respectively. These include retained interests in Alt-A loans and re-securitization transactions. The Firm’s interests in subprime mortgage securitizations were $117 million and $68 million, as of September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||||
(b) | Incorporates the Firm’s weighted-average loss assumption. | |||||||||||||||||||||||||||
The sensitivity analysis in the preceding table is hypothetical. Changes in fair value based on a 10% or 20% variation in assumptions generally cannot be extrapolated easily, because the relationship of the change in the assumptions to the change in fair value may not be linear. Also, in the table, the effect that a change in a particular assumption may have on the fair value is calculated without changing any other assumption. In reality, changes in one factor may result in changes in another, which might counteract or magnify the sensitivities. The above sensitivities also do not reflect risk management practices the Firm may undertake to mitigate such risks. | ||||||||||||||||||||||||||||
Loan delinquencies and liquidation losses | ||||||||||||||||||||||||||||
The table below includes information about components of nonconsolidated securitized financial assets, in which the Firm has continuing involvement, and delinquencies as of September 30, 2013, and December 31, 2012, respectively; and liquidation losses for the three and nine months ended September 30, 2013 and 2012, respectively. | ||||||||||||||||||||||||||||
Liquidation losses | ||||||||||||||||||||||||||||
Securitized assets | 90 days past due | Three months ended September 30, | Nine months ended September 30, | |||||||||||||||||||||||||
(in millions) | 30-Sep-13 | 31-Dec-12 | 30-Sep-13 | 31-Dec-12 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||
Securitized loans(a) | ||||||||||||||||||||||||||||
Residential mortgage: | ||||||||||||||||||||||||||||
Prime / Alt-A & Option ARMs | $ | 93,718 | $ | 106,667 | $ | 16,102 | $ | 22,865 | $ | 1,004 | $ | 1,973 | $ | 3,963 | $ | 7,047 | ||||||||||||
Subprime | 29,129 | 31,264 | 7,987 | 10,570 | 462 | 902 | 2,001 | 2,023 | ||||||||||||||||||||
Commercial and other | 88,532 | 81,834 | 2,663 | 4,077 | 431 | 383 | 761 | 904 | ||||||||||||||||||||
Total loans securitized(b) | $ | 211,379 | $ | 219,765 | $ | 26,752 | $ | 37,512 | $ | 1,897 | $ | 3,258 | $ | 6,725 | $ | 9,974 | ||||||||||||
(a) | Total assets held in securitization-related SPEs were $271.3 billion and $295.8 billion, respectively, at September 30, 2013, and December 31, 2012. The $211.4 billion and $219.8 billion, respectively, of loans securitized at September 30, 2013, and December 31, 2012, excluded: $54.5 billion and $72.0 billion, respectively, of securitized loans in which the Firm has no continuing involvement, and $5.4 billion and $4.0 billion, respectively, of loan securitizations consolidated on the Firm’s Consolidated Balance Sheets at September 30, 2013, and December 31, 2012. | |||||||||||||||||||||||||||
(b) | Includes securitized loans that were previously recorded at fair value and classified as trading assets. |
Goodwill_and_Other_Intangible_
Goodwill and Other Intangible Assets | 9 Months Ended | ||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||
Goodwill and Intangible Assets Disclosure [Abstract] | ' | ||||||||||||||||||||
GOODWILL AND OTHER INTANGIBLE ASSETS | ' | ||||||||||||||||||||
Goodwill and other intangible assets | |||||||||||||||||||||
For a discussion of the accounting policies related to goodwill and other intangible assets, see Note 17 on pages 291–295 of JPMorgan Chase’s 2012 Annual Report. | |||||||||||||||||||||
Goodwill and other intangible assets consist of the following. | |||||||||||||||||||||
(in millions) | September 30, 2013 | December 31, 2012 | |||||||||||||||||||
Goodwill | $ | 48,100 | $ | 48,175 | |||||||||||||||||
Mortgage servicing rights | 9,490 | 7,614 | |||||||||||||||||||
Other intangible assets: | |||||||||||||||||||||
Purchased credit card relationships | $ | 176 | $ | 295 | |||||||||||||||||
Other credit card-related intangibles | 188 | 229 | |||||||||||||||||||
Core deposit intangibles | 206 | 355 | |||||||||||||||||||
Other intangibles | 1,247 | 1,356 | |||||||||||||||||||
Total other intangible assets | $ | 1,817 | $ | 2,235 | |||||||||||||||||
The following table presents goodwill attributed to the business segments. | |||||||||||||||||||||
(in millions) | September 30, 2013 | 31-Dec-12 | |||||||||||||||||||
Consumer & Community Banking | $ | 31,000 | $ | 31,048 | |||||||||||||||||
Corporate & Investment Bank | 6,882 | 6,895 | |||||||||||||||||||
Commercial Banking | 2,862 | 2,863 | |||||||||||||||||||
Asset Management | 6,979 | 6,992 | |||||||||||||||||||
Corporate/Private Equity | 377 | 377 | |||||||||||||||||||
Total goodwill | $ | 48,100 | $ | 48,175 | |||||||||||||||||
The following table presents changes in the carrying amount of goodwill. | |||||||||||||||||||||
Three months ended | Nine months ended | ||||||||||||||||||||
September 30, | September 30, | ||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||
Balance at beginning of period(a) | $ | 48,057 | $ | 48,131 | $ | 48,175 | $ | 48,188 | |||||||||||||
Changes during the period from: | |||||||||||||||||||||
Business combinations | 11 | 11 | 47 | 31 | |||||||||||||||||
Dispositions | — | — | (5 | ) | (4 | ) | |||||||||||||||
Other(b) | 32 | 36 | (117 | ) | (37 | ) | |||||||||||||||
Balance at Sept 30,(a) | $ | 48,100 | $ | 48,178 | $ | 48,100 | $ | 48,178 | |||||||||||||
(a) | Reflects gross goodwill balances as the Firm has not recognized any impairment losses to date. | ||||||||||||||||||||
(b) | Includes foreign currency translation adjustments and other tax-related adjustments. | ||||||||||||||||||||
Goodwill was not impaired at September 30, 2013, or December 31, 2012, nor was any goodwill written off due to impairment during the three and nine months ended September 30, 2013 and 2012. | |||||||||||||||||||||
The goodwill impairment test is based upon a comparison between the carrying value and fair value of a reporting unit. The Firm uses the reporting units’ allocated equity plus goodwill capital as a proxy for the carrying amounts of equity for the reporting units in the goodwill impairment testing. Reporting unit equity is determined on a basis similar to that used for the allocation of equity to the Firm’s lines of business, which primarily considers stand-alone peer comparisons and regulatory capital requirements (as estimated under Basel III), although economic risk capital is also considered. Proposed line of business equity levels are incorporated into the Firm’s annual budget process, which is reviewed by the Firm’s Board of Directors. Allocated equity is further reviewed on a periodic basis and updated as needed. For a discussion of the primary method used to estimate the fair values of the reporting units, see Impairment testing on pages 291–292 of JPMorgan Chase’s 2012 Annual Report. | |||||||||||||||||||||
While no impairment of goodwill was recognized, the Firm’s mortgage lending business in CCB remains at an elevated risk for goodwill impairment due to its exposure to U.S. consumer credit risk and the effects of economic, regulatory and legislative changes. The valuation of this business is particularly dependent upon economic conditions (including new unemployment claims and home prices), regulatory and legislative changes (for example, those related to residential mortgage servicing, foreclosure and loss mitigation activities), and the amount of equity capital required. In addition, the earnings or estimated cost of equity of the Firm’s capital markets businesses could also be affected by regulatory or legislative changes. Declines in business performance, increases in allocated equity capital, or increases in the estimated cost of equity, could cause the estimated fair values of the Firm’s reporting units or their associated goodwill to decline, which could result in a material impairment charge to earnings in a future period related to some portion of the associated goodwill. | |||||||||||||||||||||
Mortgage servicing rights | |||||||||||||||||||||
Mortgage servicing rights represent the fair value of expected future cash flows for performing servicing activities for others. The fair value considers estimated future servicing fees and ancillary revenue, offset by estimated costs to service the loans, and generally declines over time as net servicing cash flows are received, effectively amortizing the MSR asset against contractual servicing and ancillary fee income. MSRs are either purchased from third parties or recognized upon sale or securitization of mortgage loans if servicing is retained. For a further description of the MSR asset, interest rate risk management, and the valuation of MSRs, see Note 17 on pages 291–295 of JPMorgan Chase’s 2012 Annual Report and Note 3 on pages 116–130 of this Form 10-Q. | |||||||||||||||||||||
The following table summarizes MSR activity for the three and nine months ended September 30, 2013 and 2012. | |||||||||||||||||||||
As of or for the three months | As of or for the nine months | ||||||||||||||||||||
ended September 30, | ended September 30, | ||||||||||||||||||||
(in millions, except where otherwise noted) | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||
Fair value at beginning of period | $ | 9,335 | $ | 7,118 | $ | 7,614 | $ | 7,223 | |||||||||||||
MSR activity: | |||||||||||||||||||||
Originations of MSRs | 532 | 604 | 1,874 | 1,700 | |||||||||||||||||
Purchase of MSRs | 2 | 2 | (1 | ) | 5 | ||||||||||||||||
Disposition of MSRs | — | (23 | ) | (418 | ) | (g) | (23 | ) | |||||||||||||
Net additions | 534 | 583 | 1,455 | 1,682 | |||||||||||||||||
Changes due to collection/realization of expected cash flows(a) | (286 | ) | (292 | ) | (833 | ) | (973 | ) | |||||||||||||
Changes in valuation due to inputs and assumptions: | |||||||||||||||||||||
Changes due to market interest rates and other(b) | 80 | (324 | ) | 1,700 | (875 | ) | |||||||||||||||
Changes in valuation due to other inputs and assumptions: | |||||||||||||||||||||
Projected cash flows (e.g., cost to service)(c) | (123 | ) | (101 | ) | 167 | (396 | ) | ||||||||||||||
Discount rates | — | (98 | ) | (78 | ) | (98 | ) | ||||||||||||||
Prepayment model changes and other(d) | (50 | ) | 194 | (535 | ) | 517 | |||||||||||||||
Total changes in valuation due to other inputs and assumptions | (173 | ) | (5 | ) | (446 | ) | 23 | ||||||||||||||
Total changes in valuation due to inputs and assumptions(a) | (93 | ) | (329 | ) | 1,254 | (852 | ) | ||||||||||||||
Fair value at September 30,(e) | $ | 9,490 | $ | 7,080 | $ | 9,490 | $ | 7,080 | |||||||||||||
Change in unrealized gains/(losses) included in income related to MSRs | $ | (93 | ) | $ | (329 | ) | $ | 1,254 | $ | (852 | ) | ||||||||||
held at September 30, | |||||||||||||||||||||
Contractual service fees, late fees and other ancillary fees included in income | $ | 808 | $ | 914 | $ | 2,512 | $ | 2,896 | |||||||||||||
Third-party mortgage loans serviced at September 30, (in billions) | $ | 838 | $ | 819 | $ | 838 | $ | 819 | |||||||||||||
Servicer advances at September 30, (in billions)(f) | $ | 9.4 | $ | 10 | $ | 9.4 | $ | 10 | |||||||||||||
(a) | Included changes related to commercial real estate of $(2) million and $(3) million for the three months ended September 30, 2013 and 2012, respectively, and $(4) million and $(8) million for the nine months ended September 30, 2013 and 2012, respectively. | ||||||||||||||||||||
(b) | Represents both the impact of changes in estimated future prepayments due to changes in market interest rates, and the difference between actual and expected prepayments. | ||||||||||||||||||||
(c) | For the nine months ended September 30, 2013, the increase was driven by the inclusion in the MSR valuation model of servicing fees receivable on certain delinquent loans. | ||||||||||||||||||||
(d) | Represents changes in prepayments other than those attributable to changes in market interest rates. For the nine months ended September 30, 2013, the decrease was driven by changes in the inputs and assumptions used to derive prepayment speeds, primarily increases in home prices. | ||||||||||||||||||||
(e) | Included $19 million and $23 million related to commercial real estate at September 30, 2013 and 2012, respectively. | ||||||||||||||||||||
(f) | Represents amounts the Firm pays as the servicer (e.g., scheduled principal and interest to a trust, taxes and insurance), which will generally be reimbursed within a short period of time after the advance from future cash flows from the trust or the underlying loans. The Firm’s credit risk associated with these advances is minimal because reimbursement of the advances is typically senior to all cash payments to investors. In addition, the Firm maintains the right to stop payment to investors if the collateral is insufficient to cover the advance. | ||||||||||||||||||||
(g) | Includes excess mortgage servicing rights transferred to an agency-sponsored trust in exchange for stripped mortgage backed securities (“SMBS”). A portion of the SMBS was acquired by third parties at the transaction date; the Firm acquired and has retained the remaining balance of those SMBS as trading securities. | ||||||||||||||||||||
The following table presents the components of mortgage fees and related income (including the impact of MSR risk management activities) for the three and nine months ended September 30, 2013 and 2012. | |||||||||||||||||||||
Three months ended | Nine months ended | ||||||||||||||||||||
September 30, | September 30, | ||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||
Mortgage fees and related income | |||||||||||||||||||||
Net production revenue: | |||||||||||||||||||||
Production revenue | $ | 311 | $ | 1,582 | $ | 2,370 | $ | 4,376 | |||||||||||||
Repurchase losses | 175 | (13 | ) | 110 | (325 | ) | |||||||||||||||
Net production revenue | 486 | 1,569 | 2,480 | 4,051 | |||||||||||||||||
Net mortgage servicing revenue | |||||||||||||||||||||
Operating revenue: | |||||||||||||||||||||
Loan servicing revenue | 817 | 946 | 2,698 | 2,989 | |||||||||||||||||
Changes in MSR asset fair value due to collection/realization of expected cash flows | (284 | ) | (290 | ) | (827 | ) | (968 | ) | |||||||||||||
Total operating revenue | 533 | 656 | 1,871 | 2,021 | |||||||||||||||||
Risk management: | |||||||||||||||||||||
Changes in MSR asset fair value due to market interest rates and other(a) | 80 | (323 | ) | 1,698 | (872 | ) | |||||||||||||||
Other changes in MSR asset fair value due to other inputs and assumptions in model(b) | (173 | ) | (5 | ) | (446 | ) | 23 | ||||||||||||||
Change in derivative fair value and other | (87 | ) | 479 | (1,495 | ) | 1,426 | |||||||||||||||
Total risk management | (180 | ) | 151 | (243 | ) | 577 | |||||||||||||||
Net mortgage servicing revenue | 353 | 807 | 1,628 | 2,598 | |||||||||||||||||
All other | 2 | 1 | 8 | 3 | |||||||||||||||||
Mortgage fees and related income | $ | 841 | $ | 2,377 | $ | 4,116 | $ | 6,652 | |||||||||||||
(a) | Represents both the impact of changes in estimated future prepayments due to changes in market interest rates, and the difference between actual and expected prepayments. | ||||||||||||||||||||
(b) | Represents the aggregate impact of changes in model inputs and assumptions such as projected cash flows (e.g., cost to service), discount rates and changes in prepayments other than those attributable to changes in market interest rates (e.g., changes in prepayments due to changes in home prices). For the nine months ended September 30, 2013, the decrease was driven by changes in the inputs and assumptions used to derive prepayment speeds, primarily increases in home prices. | ||||||||||||||||||||
The table below outlines the key economic assumptions used to determine the fair value of the Firm’s MSRs at September 30, 2013, and December 31, 2012, and outlines the sensitivities of those fair values to immediate adverse changes in those assumptions, as defined below. | |||||||||||||||||||||
(in millions, except rates) | September 30, 2013 | December 31, 2012 | |||||||||||||||||||
Weighted-average prepayment speed assumption (“CPR”) | 8.77 | % | 13.04 | % | |||||||||||||||||
Impact on fair value of 10% adverse change | $ | (417 | ) | $ | (517 | ) | |||||||||||||||
Impact on fair value of 20% adverse change | (810 | ) | (1,009 | ) | |||||||||||||||||
Weighted-average option adjusted spread | 7.79 | % | 7.61 | % | |||||||||||||||||
Impact on fair value of 100 basis points adverse change | $ | (376 | ) | $ | (306 | ) | |||||||||||||||
Impact on fair value of 200 basis points adverse change | (725 | ) | (591 | ) | |||||||||||||||||
CPR: Constant prepayment rate. | |||||||||||||||||||||
The sensitivity analysis in the preceding table is hypothetical and should be used with caution. Changes in fair value based on variation in assumptions generally cannot be easily extrapolated, because the relationship of the change in the assumptions to the change in fair value are often highly interrelated and may not be linear. In this table, the effect that a change in a particular assumption may have on the fair value is calculated without changing any other assumption. In reality, changes in one factor may result in changes in another, which would either magnify or counteract the impact of the initial change. | |||||||||||||||||||||
Other intangible assets | |||||||||||||||||||||
The $418 million decrease in other intangible assets during the nine months ended September 30, 2013, was due to amortization. | |||||||||||||||||||||
The components of credit card relationships, core deposits and other intangible assets were as follows. | |||||||||||||||||||||
September 30, 2013 | December 31, 2012 | ||||||||||||||||||||
(in millions) | Gross amount(a) | Accumulated amortization(a) | Net carrying value | Gross | Accumulated amortization | Net carrying value | |||||||||||||||
amount | |||||||||||||||||||||
Purchased credit card relationships | $ | 3,540 | $ | 3,364 | $ | 176 | $ | 3,775 | $ | 3,480 | $ | 295 | |||||||||
Other credit card-related intangibles | 543 | 355 | 188 | 850 | 621 | 229 | |||||||||||||||
Core deposit intangibles | 4,133 | 3,927 | 206 | 4,133 | 3,778 | 355 | |||||||||||||||
Other intangibles(b) | 2,379 | 1,132 | 1,247 | 2,390 | 1,034 | 1,356 | |||||||||||||||
(a) | The decrease in the gross amount and accumulated amortization from December 31, 2012, was due to the removal of fully amortized assets. | ||||||||||||||||||||
(b) | Includes intangible assets of approximately $600 million consisting primarily of asset management advisory contracts, which were determined to have an indefinite life and are not amortized. | ||||||||||||||||||||
Amortization expense | |||||||||||||||||||||
The following table presents amortization expense related to credit card relationships, core deposits and other intangible assets. | |||||||||||||||||||||
Three months ended | Nine months ended | ||||||||||||||||||||
September 30, | September 30, | ||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||
Purchased credit card relationships | $ | 45 | $ | 59 | $ | 150 | $ | 195 | |||||||||||||
Other credit card-related intangibles | 15 | 27 | 44 | 81 | |||||||||||||||||
Core deposit intangibles | 49 | 60 | 149 | 182 | |||||||||||||||||
Other intangibles | 31 | 36 | 101 | 108 | |||||||||||||||||
Total amortization expense | $ | 140 | $ | 182 | $ | 444 | $ | 566 | |||||||||||||
Future amortization expense | |||||||||||||||||||||
The following table presents estimated future amortization expense related to credit card relationships, core deposits and other intangible assets at September 30, 2013. | |||||||||||||||||||||
For the year (in millions) | Purchased credit card relationships | Other credit | Core deposit intangibles | Other | Total | ||||||||||||||||
card-related intangibles | intangibles | ||||||||||||||||||||
2013(a) | $ | 196 | $ | 58 | $ | 196 | $ | 132 | $ | 582 | |||||||||||
2014 | 96 | 51 | 102 | 116 | 365 | ||||||||||||||||
2015 | 12 | 40 | 26 | 95 | 173 | ||||||||||||||||
2016 | 9 | 34 | 14 | 88 | 145 | ||||||||||||||||
2017 | 5 | 29 | 13 | 85 | 132 | ||||||||||||||||
(a) | Includes $150 million, $44 million, $149 million and $101 million of amortization expense related to purchased credit card relationships, other credit card-related intangibles, core deposit intangibles and other intangibles, respectively, recognized during the nine months ended September 30, 2013. |
Deposits
Deposits | 9 Months Ended | |||||||
Sep. 30, 2013 | ||||||||
Deposits [Abstract] | ' | |||||||
DEPOSITS | ' | |||||||
Deposits | ||||||||
For further discussion on deposits, see Note 19 on page 296 of JPMorgan Chase’s 2012 Annual Report. | ||||||||
At September 30, 2013, and December 31, 2012, noninterest-bearing and interest-bearing deposits were as follows. | ||||||||
(in millions) | 30-Sep-13 | 31-Dec-12 | ||||||
U.S. offices | ||||||||
Noninterest-bearing | $ | 399,658 | $ | 380,320 | ||||
Interest-bearing: | ||||||||
Demand(a) | 75,624 | 53,980 | ||||||
Savings(b) | 436,887 | 407,710 | ||||||
Time (included $6,456 and $5,140 at fair value)(c) | 92,794 | 90,416 | ||||||
Total interest-bearing deposits | 605,305 | 552,106 | ||||||
Total deposits in U.S. offices | 1,004,963 | 932,426 | ||||||
Non-U.S. offices | ||||||||
Noninterest-bearing | 20,964 | 17,845 | ||||||
Interest-bearing: | ||||||||
Demand | 211,088 | 195,395 | ||||||
Savings | 1,495 | 1,004 | ||||||
Time (included $326 and $593 at fair value)(c) | 42,592 | 46,923 | ||||||
Total interest-bearing deposits | 255,175 | 243,322 | ||||||
Total deposits in non-U.S. offices | 276,139 | 261,167 | ||||||
Total deposits | $ | 1,281,102 | $ | 1,193,593 | ||||
(a) | Includes Negotiable Order of Withdrawal (“NOW”) accounts, and certain trust accounts. | |||||||
(b) | Includes Money Market Deposit Accounts (“MMDAs”). | |||||||
(c) | Includes structured notes classified as deposits for which the fair value option has been elected. For further discussion, see Note 4 on pages 214–216 of JPMorgan Chase’s 2012 Annual Report. |
Earnings_Per_Share
Earnings Per Share | 9 Months Ended | ||||||||||||||
Sep. 30, 2013 | |||||||||||||||
Earnings Per Share [Abstract] | ' | ||||||||||||||
EARNINGS PER SHARE | ' | ||||||||||||||
Earnings per share | |||||||||||||||
For a discussion of the computation of basic and diluted earnings per share (“EPS”), see Note 24 on page 301 of JPMorgan Chase’s 2012 Annual Report. The following table presents the calculation of basic and diluted EPS for the three and nine months ended September 30, 2013 and 2012. | |||||||||||||||
(in millions, except per share amounts) | Three months ended | Nine months ended | |||||||||||||
September 30, | September 30, | ||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||
Basic earnings | |||||||||||||||
per share | |||||||||||||||
Net income/(loss) | $ | (380 | ) | $ | 5,708 | $ | 12,645 | $ | 15,592 | ||||||
Less: Preferred stock dividends | 229 | 163 | 615 | 478 | |||||||||||
Net income/(loss) applicable to common equity | (609 | ) | 5,545 | 12,030 | 15,114 | ||||||||||
Less: Dividends and undistributed earnings allocated to participating securities | 41 | (c) | 199 | 374 | 558 | ||||||||||
Net income/(loss) applicable to common stockholders | $ | (650 | ) | $ | 5,346 | $ | 11,656 | $ | 14,556 | ||||||
Total weighted-average basic shares outstanding | 3,767.00 | 3,803.30 | 3,789.20 | 3,810.40 | |||||||||||
Net income/(loss) | $ | (0.17 | ) | $ | 1.41 | $ | 3.08 | $ | 3.82 | ||||||
per share | |||||||||||||||
Diluted earnings per share | |||||||||||||||
Net income/(loss) applicable to common stockholders | $ | (650 | ) | $ | 5,346 | $ | 11,656 | $ | 14,556 | ||||||
Total weighted-average basic shares outstanding | 3,767.00 | 3,803.30 | 3,789.20 | 3,810.40 | |||||||||||
Add: Employee stock options, SARs and warrants(a) | — | (d) | 10.6 | 31.7 | 12.2 | ||||||||||
Total weighted-average diluted shares outstanding(b) | 3,767.00 | (d) | 3,813.90 | 3,820.90 | 3,822.60 | ||||||||||
Net income/(loss) | $ | (0.17 | ) | $ | 1.4 | $ | 3.05 | $ | 3.81 | ||||||
per share | |||||||||||||||
(a) | Excluded from the computation of diluted EPS (due to the antidilutive effect) were options issued under employee benefit plans and the warrants originally issued in 2008 under the U.S. Treasury’s Capital Purchase Program to purchase shares of the Firm’s common stock. The aggregate number of shares issuable upon the exercise of such options and warrants was 147 million for the three months ended September 30, 2012, and 8 million and 158 million for the nine months ended September 30, 2013 and 2012, respectively. | ||||||||||||||
(b) | Participating securities were included in the calculation of diluted EPS using the two-class method, as this computation was more dilutive than the calculation using the treasury stock method. | ||||||||||||||
(c) | Due to the net loss applicable to common equity during the three months ended September 30, 2013, dividends were only deemed to be distributed to participating security holders, and such security holders do not share in losses. Net losses were completely allocated to common stockholders. | ||||||||||||||
(d) | Due to the net loss applicable to common stockholders during the three months ended September 30, 2013, no common equivalent shares have been included in the computation of diluted earnings per share for the period as the effect would be antidilutive. |
Accumulated_Other_Comprehensiv
Accumulated Other Comprehensive Income/(Loss) | 9 Months Ended | ||||||||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||||||||
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] | ' | ||||||||||||||||||||||||||||||
Accumulated Other Comprehensive Income (Loss) | ' | ||||||||||||||||||||||||||||||
Accumulated other comprehensive income/(loss) | |||||||||||||||||||||||||||||||
AOCI includes the after-tax change in unrealized gains and losses on AFS securities, foreign currency translation adjustments (including the impact of related derivatives), cash flow hedging activities, and net loss and prior service costs/(credit) related to the Firm’s defined benefit pension and OPEB plans. | |||||||||||||||||||||||||||||||
As of or for the three months ended | Unrealized gains/(losses) on AFS securities(a) | Translation adjustments, net of hedges | Cash flow hedges | Defined benefit pension and OPEB plans | Accumulated other comprehensive income/(loss) | ||||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||||||||
(in millions) | |||||||||||||||||||||||||||||||
Balance at July 1, 2013 | $ | 3,137 | (b) | $ | (146 | ) | $ | (232 | ) | $ | (2,623 | ) | $ | 136 | |||||||||||||||||
Net change | 161 | (c) | 4 | 69 | 20 | 254 | |||||||||||||||||||||||||
Balance at September 30, 2013 | $ | 3,298 | (b) | $ | (142 | ) | $ | (163 | ) | $ | (2,603 | ) | $ | 390 | |||||||||||||||||
As of or for the three months ended | Unrealized gains/(losses) on AFS securities(a) | Translation adjustments, net of hedges | Cash flow hedges | Defined benefit pension and OPEB plans | Accumulated other comprehensive income/(loss) | ||||||||||||||||||||||||||
30-Sep-12 | |||||||||||||||||||||||||||||||
(in millions) | |||||||||||||||||||||||||||||||
Balance at July 1, 2012 | $ | 4,814 | (b) | $ | (88 | ) | $ | 89 | $ | (2,543 | ) | $ | 2,272 | ||||||||||||||||||
Net change | 2,083 | (d) | 13 | 23 | 35 | 2,154 | |||||||||||||||||||||||||
Balance at September 30, 2012 | $ | 6,897 | (b) | $ | (75 | ) | $ | 112 | $ | (2,508 | ) | $ | 4,426 | ||||||||||||||||||
As of or for the nine months ended | Unrealized gains/(losses) on AFS securities(a) | Translation adjustments, net of hedges | Cash flow hedges | Defined benefit pension and OPEB plans | Accumulated other comprehensive income/(loss) | ||||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||||||||
(in millions) | |||||||||||||||||||||||||||||||
Balance at January 1, 2013 | $ | 6,868 | (b) | $ | (95 | ) | $ | 120 | $ | (2,791 | ) | $ | 4,102 | ||||||||||||||||||
Net change | (3,570 | ) | (e) | (47 | ) | (283 | ) | 188 | (3,712 | ) | |||||||||||||||||||||
Balance at September 30, 2013 | $ | 3,298 | (b) | $ | (142 | ) | $ | (163 | ) | $ | (2,603 | ) | $ | 390 | |||||||||||||||||
As of or for the nine months ended | Unrealized gains/(losses) on AFS securities(a) | Translation adjustments, net of hedges | Cash flow hedges | Defined benefit pension and OPEB plans | Accumulated other comprehensive income/(loss) | ||||||||||||||||||||||||||
30-Sep-12 | |||||||||||||||||||||||||||||||
(in millions) | |||||||||||||||||||||||||||||||
Balance at January 1, 2012 | $ | 3,565 | (b) | $ | (26 | ) | $ | 51 | $ | (2,646 | ) | $ | 944 | ||||||||||||||||||
Net change | 3,332 | (d) | (49 | ) | 61 | 138 | 3,482 | ||||||||||||||||||||||||
Balance at September 30, 2012 | $ | 6,897 | (b) | $ | (75 | ) | $ | 112 | $ | (2,508 | ) | $ | 4,426 | ||||||||||||||||||
(a) | Represents the after-tax difference between the fair value and amortized cost of securities accounted for as AFS. | ||||||||||||||||||||||||||||||
(b) | Included after-tax unrealized losses not related to credit on debt securities for which credit losses have been recognized in income of $(56) million at January 1, 2012, $(101) million at July 1, 2012, and $(94) million at September 30, 2012. There were no such losses at January 1, 2013, July 1, 2013, and September 30, 2013. | ||||||||||||||||||||||||||||||
(c) | The net change for the three months ended September 30, 2013, was primarily related to the increase in fair value of U.S. government agency issued MBS due to market changes partially offset by decreases in fair value of obligations of U.S. states and municipalities due to market changes. | ||||||||||||||||||||||||||||||
(d) | The net change for the three and nine months ended September 30, 2012, was predominantly driven by declining interest rates and the tightening of spreads across the portfolio, partially offset by sales. | ||||||||||||||||||||||||||||||
(e) | The net change for the nine months ended September 30, 2013, was primarily related to the decline in fair value of U.S. government agency issued MBS and obligations of U.S. states and municipalities due to market changes, as well as net realized gains. | ||||||||||||||||||||||||||||||
The following table presents the pretax and after-tax changes in the components of other comprehensive income/(loss). | |||||||||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||||||||
Three months ended September 30, (in millions) | Pretax | Tax effect | After-tax | Pretax | Tax effect | After-tax | |||||||||||||||||||||||||
Unrealized gains/(losses) on AFS securities: | |||||||||||||||||||||||||||||||
Net unrealized gains/(losses) arising during the period | $ | 290 | $ | (113 | ) | $ | 177 | $ | 3,872 | $ | (1,509 | ) | $ | 2,363 | |||||||||||||||||
Reclassification adjustment for realized (gains)/losses included in net income(a) | (26 | ) | 10 | (16 | ) | (458 | ) | 178 | (280 | ) | |||||||||||||||||||||
Net change | 264 | (103 | ) | 161 | 3,414 | (1,331 | ) | 2,083 | |||||||||||||||||||||||
Translation adjustments: | |||||||||||||||||||||||||||||||
Translation(b) | 349 | (128 | ) | 221 | 413 | (153 | ) | 260 | |||||||||||||||||||||||
Hedges(b) | (343 | ) | 126 | (217 | ) | (404 | ) | 157 | (247 | ) | |||||||||||||||||||||
Net change | 6 | (2 | ) | 4 | 9 | 4 | 13 | ||||||||||||||||||||||||
Cash flow hedges: | |||||||||||||||||||||||||||||||
Net unrealized gains/(losses) arising during the period | 106 | (42 | ) | 64 | 56 | (22 | ) | 34 | |||||||||||||||||||||||
Reclassification adjustment for realized (gains)/losses included in net income(c) | 7 | (2 | ) | 5 | (19 | ) | 8 | (11 | ) | ||||||||||||||||||||||
Net change | 113 | (44 | ) | 69 | 37 | (14 | ) | 23 | |||||||||||||||||||||||
Defined benefit pension and OPEB plans: | |||||||||||||||||||||||||||||||
Net gains/(losses) arising during the period | — | — | — | — | — | — | |||||||||||||||||||||||||
Reclassification adjustments included in net income(d): | |||||||||||||||||||||||||||||||
Amortization of net loss | 80 | (31 | ) | 49 | 81 | (30 | ) | 51 | |||||||||||||||||||||||
Prior service costs/(credits) | (11 | ) | 4 | (7 | ) | (11 | ) | 4 | (7 | ) | |||||||||||||||||||||
Foreign exchange and other | (35 | ) | 13 | (22 | ) | (14 | ) | 5 | (9 | ) | |||||||||||||||||||||
Net change | 34 | (14 | ) | 20 | 56 | (21 | ) | 35 | |||||||||||||||||||||||
Total other comprehensive income/(loss) | $ | 417 | $ | (163 | ) | $ | 254 | $ | 3,516 | $ | (1,362 | ) | $ | 2,154 | |||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||||||||
Nine months ended September 30, (in millions) | Pretax | Tax effect | After-tax | Pretax | Tax effect | After-tax | |||||||||||||||||||||||||
Unrealized gains/(losses) on AFS securities: | |||||||||||||||||||||||||||||||
Net unrealized gains/(losses) arising during the period | $ | (5,172 | ) | $ | 2,003 | $ | (3,169 | ) | $ | 7,469 | $ | (2,912 | ) | $ | 4,557 | ||||||||||||||||
Reclassification adjustment for realized (gains)/losses included in net income(a) | (659 | ) | 258 | (401 | ) | (2,008 | ) | 783 | (1,225 | ) | |||||||||||||||||||||
Net change | (5,831 | ) | 2,261 | (3,570 | ) | 5,461 | (2,129 | ) | 3,332 | ||||||||||||||||||||||
Translation adjustments: | |||||||||||||||||||||||||||||||
Translation(b) | (685 | ) | 253 | (432 | ) | 108 | (40 | ) | 68 | ||||||||||||||||||||||
Hedges(b) | 648 | (263 | ) | 385 | (191 | ) | 74 | (117 | ) | ||||||||||||||||||||||
Net change | (37 | ) | (10 | ) | (47 | ) | (83 | ) | 34 | (49 | ) | ||||||||||||||||||||
Cash flow hedges: | |||||||||||||||||||||||||||||||
Net unrealized gains/(losses) arising during the period | (536 | ) | 210 | (326 | ) | 143 | (56 | ) | 87 | ||||||||||||||||||||||
Reclassification adjustment for realized (gains)/losses included in net income(c) | 70 | (27 | ) | 43 | (44 | ) | 18 | (26 | ) | ||||||||||||||||||||||
Net change | (466 | ) | 183 | (283 | ) | 99 | (38 | ) | 61 | ||||||||||||||||||||||
Defined benefit pension and OPEB plans: | |||||||||||||||||||||||||||||||
Net gains/(losses) arising during the period | 85 | (25 | ) | 60 | 34 | (13 | ) | 21 | |||||||||||||||||||||||
Reclassification adjustments included in net income(d): | |||||||||||||||||||||||||||||||
Amortization of net loss | 240 | (93 | ) | 147 | 243 | (94 | ) | 149 | |||||||||||||||||||||||
Prior service costs/(credits) | (33 | ) | 13 | (20 | ) | (32 | ) | 12 | (20 | ) | |||||||||||||||||||||
Foreign exchange and other | 1 | — | 1 | (20 | ) | 8 | (12 | ) | |||||||||||||||||||||||
Net change | 293 | (105 | ) | 188 | 225 | (87 | ) | 138 | |||||||||||||||||||||||
Total other comprehensive income/(loss) | $ | (6,041 | ) | $ | 2,329 | $ | (3,712 | ) | $ | 5,702 | $ | (2,220 | ) | $ | 3,482 | ||||||||||||||||
(a) | The pretax amount is reported in securities gains in the Consolidated Statements of Income. | ||||||||||||||||||||||||||||||
(b) | Reclassifications of pretax realized gains/(losses) on translation adjustments and related hedges are reported in other income in the Consolidated Statements of Income. The amounts were not material for the three and nine months ended September 30, 2013. | ||||||||||||||||||||||||||||||
(c) | The pretax amount is reported in the same line as the hedged items, which are predominantly recorded in net interest income in the Consolidated Statements of Income. | ||||||||||||||||||||||||||||||
(d) | The pretax amount is reported in compensation expense in the Consolidated Statements of Income. |
Regulatory_Capital
Regulatory Capital | 9 Months Ended | ||||||||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||||||||
Banking and Thrift [Abstract] | ' | ||||||||||||||||||||||||||||||
Regulatory Capital | ' | ||||||||||||||||||||||||||||||
Regulatory capital | |||||||||||||||||||||||||||||||
The Federal Reserve establishes capital requirements, including well-capitalized standards, for the consolidated financial holding company. The OCC establishes similar capital requirements and standards for the Firm’s national banks, including JPMorgan Chase Bank, N.A., and Chase Bank USA, N.A. As of September 30, 2013, and December 31, 2012, JPMorgan Chase and all of its banking subsidiaries were well-capitalized and met all capital requirements to which each was subject. | |||||||||||||||||||||||||||||||
The following table presents the regulatory capital, assets and risk-based capital ratios for JPMorgan Chase and its significant banking subsidiaries at September 30, 2013, and December 31, 2012. These amounts are determined in accordance with regulations issued by the Federal Reserve and/or OCC. The table reflects the Firm’s and JPMorgan Chase Bank, N.A.’s implementation of rules that provide for additional capital requirements for trading positions and securitizations (“Basel 2.5”). Basel 2.5 rules became effective for the Firm and JPMorgan Chase Bank, N.A. on January 1, 2013. The implementation of these rules in the first quarter of 2013 resulted in an increase of approximately $150 billion and $140 billion, respectively, in the Firm’s and JPMorgan Chase Bank, N.A.’s risk-weighted assets compared with the Basel I rules at March 31, 2013. The implementation of these rules also resulted in decreases of the Firm’s Tier 1 capital and Total capital ratios of 140 basis points and 160 basis points, respectively, at March 31, 2013, and decreases of JPMorgan Chase Bank, N.A.’s Tier 1 capital and Total capital ratios of 130 basis points and 150 basis points, respectively, at March 31, 2013. Implementation of Basel 2.5 in the first quarter of 2013 did not impact Chase Bank USA, N.A.’s RWA or Tier 1 capital and Total capital ratios. | |||||||||||||||||||||||||||||||
JPMorgan Chase & Co.(d) | JPMorgan Chase Bank, N.A.(d) | Chase Bank USA, N.A.(d) | Well-capitalized ratios(e) | Minimum capital ratios(e) | |||||||||||||||||||||||||||
(in millions, except ratios) | 30-Sep-13 | 31-Dec-12 | 30-Sep-13 | 31-Dec-12 | 30-Sep-13 | 31-Dec-12 | |||||||||||||||||||||||||
Regulatory capital | |||||||||||||||||||||||||||||||
Tier 1(a) | $ | 161,345 | $ | 160,002 | $ | 124,099 | $ | 111,827 | $ | 11,959 | $ | 9,648 | |||||||||||||||||||
Total | 196,224 | 194,036 | 154,793 | 146,870 | 15,374 | 13,131 | |||||||||||||||||||||||||
Assets | |||||||||||||||||||||||||||||||
Risk-weighted(b) | $ | 1,374,039 | $ | 1,270,378 | $ | 1,163,938 | $ | 1,094,155 | $ | 99,221 | $ | 103,593 | |||||||||||||||||||
Adjusted average(c) | 2,327,427 | 2,243,242 | 1,894,105 | 1,815,816 | 108,802 | 103,688 | |||||||||||||||||||||||||
Capital ratios | |||||||||||||||||||||||||||||||
Tier 1(a) | 11.7 | % | 12.6 | % | 10.7 | % | 10.2 | % | 12.1 | % | 9.3 | % | 6 | % | 4 | % | |||||||||||||||
Total | 14.3 | 15.3 | 13.3 | 13.4 | 15.5 | 12.7 | 10 | 8 | |||||||||||||||||||||||
Tier 1 leverage | 6.9 | 7.1 | 6.6 | 6.2 | 11 | 9.3 | 5 | (f) | 3 | (g) | |||||||||||||||||||||
(a) | At September 30, 2013, trust preferred securities included in Tier 1 capital were $5.3 billion and $600 million, for JPMorgan Chase and JPMorgan Chase Bank, N.A., respectively. If these securities were excluded from the calculation at September 30, 2013, Tier 1 capital would be $156.1 billion and $123.5 billion, respectively, and the Tier 1 capital ratio would be 11.4% and 10.6%, respectively. At September 30, 2013, Chase Bank USA, N.A. had no trust preferred securities. | ||||||||||||||||||||||||||||||
(b) | Included off–balance sheet RWA at September 30, 2013, of $314.2 billion, $301.9 billion and $14 million, and at December 31, 2012, of $304.5 billion, $297.1 billion and $16 million, for JPMorgan Chase, JPMorgan Chase Bank, N.A. and Chase Bank USA, N.A., respectively. | ||||||||||||||||||||||||||||||
(c) | Adjusted average assets, for purposes of calculating the leverage ratio, include total quarterly average assets adjusted for unrealized gains/(losses) on securities, less deductions for disallowed goodwill and other intangible assets, investments in certain subsidiaries, and the total adjusted carrying value of nonfinancial equity investments that are subject to deductions from Tier 1 capital. | ||||||||||||||||||||||||||||||
(d) | Asset and capital amounts for JPMorgan Chase’s banking subsidiaries reflect intercompany transactions; whereas the respective amounts for JPMorgan Chase reflect the elimination of intercompany transactions. | ||||||||||||||||||||||||||||||
(e) | As defined by the regulations issued by the Federal Reserve, OCC and FDIC. | ||||||||||||||||||||||||||||||
(f) | Represents requirements for banking subsidiaries pursuant to regulations issued under the FDIC Improvement Act. There is no Tier 1 leverage component in the definition of a well-capitalized bank holding company. | ||||||||||||||||||||||||||||||
(g) | The minimum Tier 1 leverage ratio for bank holding companies and banks is 3% or 4%, depending on factors specified in regulations issued by the Federal Reserve and OCC. | ||||||||||||||||||||||||||||||
Note: | Rating agencies allow measures of capital to be adjusted upward for deferred tax liabilities, which have resulted from both nontaxable business combinations and from tax-deductible goodwill. The Firm had deferred tax liabilities resulting from nontaxable business combinations totaling $217 million and $291 million at September 30, 2013, and December 31, 2012, respectively; and deferred tax liabilities resulting from tax-deductible goodwill of $2.7 billion and $2.5 billion at September 30, 2013, and December 31, 2012, respectively. | ||||||||||||||||||||||||||||||
A reconciliation of the Firm’s Total stockholders’ equity to Tier 1 capital and Total qualifying capital is presented in the table below. | |||||||||||||||||||||||||||||||
(in millions) | September 30, | 31-Dec-12 | |||||||||||||||||||||||||||||
2013 | |||||||||||||||||||||||||||||||
Tier 1 capital | |||||||||||||||||||||||||||||||
Total stockholders’ equity | $ | 206,670 | $ | 204,069 | |||||||||||||||||||||||||||
Effect of certain items in AOCI excluded from Tier 1 capital | (532 | ) | (4,198 | ) | |||||||||||||||||||||||||||
Qualifying hybrid securities and noncontrolling interests(a) | 5,615 | 10,608 | |||||||||||||||||||||||||||||
Less: Goodwill(b) | 45,397 | 45,663 | |||||||||||||||||||||||||||||
Other intangible assets(b) | 2,160 | 2,311 | |||||||||||||||||||||||||||||
Fair value DVA on structured notes and derivative liabilities related to the Firm’s credit quality | 1,627 | 1,577 | |||||||||||||||||||||||||||||
Investments in certain subsidiaries and other | 1,224 | 926 | |||||||||||||||||||||||||||||
Total Tier 1 capital | 161,345 | 160,002 | |||||||||||||||||||||||||||||
Tier 2 capital | |||||||||||||||||||||||||||||||
Long-term debt and other instruments qualifying as Tier 2 | 17,646 | 18,061 | |||||||||||||||||||||||||||||
Qualifying allowance for credit losses | 17,275 | 15,995 | |||||||||||||||||||||||||||||
Other | (42 | ) | (22 | ) | |||||||||||||||||||||||||||
Total Tier 2 capital | 34,879 | 34,034 | |||||||||||||||||||||||||||||
Total qualifying capital | $ | 196,224 | $ | 194,036 | |||||||||||||||||||||||||||
(a) | Primarily includes trust preferred securities of certain business trusts. | ||||||||||||||||||||||||||||||
(b) | Goodwill and other intangible assets are net of any associated deferred tax liabilities. |
OffBalance_Sheet_LendingRelate
Off-Balance Sheet Lending-Related Financial Instruments, Guarantees and Other Commitments | 9 Months Ended | |||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||
Off-Balance Sheet Lending-Related Financial Instruments, Guarantees and Other Commitments [Abstract] | ' | |||||||||||||||||||||||||
OFF BALANCE SHEET LENDING RELATED FINANCIAL INSTRUMENTS GUARANTEES AND OTHER COMMITMENTS | ' | |||||||||||||||||||||||||
Off–balance sheet lending-related financial instruments, guarantees, and other commitments | ||||||||||||||||||||||||||
JPMorgan Chase provides lending-related financial instruments (e.g., commitments and guarantees) to meet the financing needs of its customers. The contractual amount of these financial instruments represents the maximum possible credit risk to the Firm should the counterparty draw upon the commitment or the Firm be required to fulfill its obligation under the guarantee, and should the counterparty subsequently fail to perform according to the terms of the contract. Most of these commitments and guarantees expire without being drawn or a default occurring. As a result, the total contractual amount of these instruments is not, in the Firm’s view, representative of its actual future credit exposure or funding requirements. For further discussion of lending-related commitments and guarantees, and the Firm’s related accounting policies, see Note 29 on pages 308–315 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||
To provide for the risk of loss inherent in consumer (excluding credit card) and wholesale contracts, an allowance for credit losses on lending-related commitments is maintained. See Note 14 on page 178 of this Form 10-Q for further discussion regarding the allowance for credit losses on lending-related commitments. | ||||||||||||||||||||||||||
The following table summarizes the contractual amounts and carrying values of off-balance sheet lending-related financial instruments, guarantees and other commitments at September 30, 2013, and December 31, 2012. The amounts in the table below for lending-related commitments represent the total available credit, inclusive of certain non-legally binding lines of credit. The Firm has not experienced, and does not anticipate, that all available lines of credit for these products will be utilized at the same time. The Firm can reduce or cancel these non-legally binding lines of credit by providing the borrower notice or, in some cases, without notice as permitted by law. The Firm may reduce or close home equity lines of credit when there are significant decreases in the value of the underlying property, or when there has been a demonstrable decline in the creditworthiness of the borrower. Also, the Firm typically closes credit card lines when the borrower is 60 days or more past due. | ||||||||||||||||||||||||||
Off–balance sheet lending-related financial instruments, guarantees and other commitments | ||||||||||||||||||||||||||
Contractual amount | Carrying value(g) | |||||||||||||||||||||||||
Sep 30, 2013 | Dec 31, | Sep 30, | Dec 31, | |||||||||||||||||||||||
2012 | 2013 | 2012 | ||||||||||||||||||||||||
By remaining maturity | Expires in 1 year or less | Expires after | Expires after | Expires after 5 years | Total | Total | ||||||||||||||||||||
(in millions) | 1 year through | 3 years through | ||||||||||||||||||||||||
3 years | 5 years | |||||||||||||||||||||||||
Lending-related | ||||||||||||||||||||||||||
Consumer, excluding credit card: | ||||||||||||||||||||||||||
Home equity – senior lien | $ | 2,549 | $ | 4,555 | $ | 4,509 | $ | 2,085 | $ | 13,698 | $ | 15,180 | $ | — | $ | — | ||||||||||
Home equity – junior lien | 4,073 | 7,224 | 5,310 | 2,159 | 18,766 | 21,796 | — | — | ||||||||||||||||||
Prime mortgage | 5,354 | — | — | — | 5,354 | 4,107 | — | — | ||||||||||||||||||
Subprime mortgage | — | — | — | — | — | — | — | — | ||||||||||||||||||
Auto | 8,519 | 300 | 134 | 20 | 8,973 | 7,185 | 1 | 1 | ||||||||||||||||||
Business banking | 10,215 | 586 | 107 | 363 | 11,271 | 11,092 | 7 | 6 | ||||||||||||||||||
Student and other | 121 | 134 | 4 | 466 | 725 | 796 | 1 | — | ||||||||||||||||||
Total consumer, excluding credit card | 30,831 | 12,799 | 10,064 | 5,093 | 58,787 | 60,156 | 9 | 7 | ||||||||||||||||||
Credit card | 532,251 | — | — | — | 532,251 | 533,018 | — | — | ||||||||||||||||||
Total consumer | 563,082 | 12,799 | 10,064 | 5,093 | 591,038 | 593,174 | 9 | 7 | ||||||||||||||||||
Wholesale: | ||||||||||||||||||||||||||
Other unfunded commitments to extend credit(a)(b) | 65,089 | 79,956 | 98,530 | 7,765 | 251,340 | 243,225 | 399 | 377 | ||||||||||||||||||
Standby letters of credit and other financial guarantees(a)(b)(c) | 26,476 | 32,400 | 33,484 | 1,758 | 94,118 | 100,929 | 607 | 647 | ||||||||||||||||||
Unused advised lines of credit | 84,809 | 11,837 | 808 | 406 | 97,860 | 85,087 | — | — | ||||||||||||||||||
Other letters of credit(a) | 4,473 | 1,112 | 112 | 52 | 5,749 | 5,573 | 2 | 2 | ||||||||||||||||||
Total wholesale | 180,847 | 125,305 | 132,934 | 9,981 | 449,067 | 434,814 | 1,008 | 1,026 | ||||||||||||||||||
Total lending-related | $ | 743,929 | $ | 138,104 | $ | 142,998 | $ | 15,074 | $ | 1,040,105 | $ | 1,027,988 | $ | 1,017 | $ | 1,033 | ||||||||||
Other guarantees and commitments | ||||||||||||||||||||||||||
Securities lending indemnification agreements and guarantees(d) | $ | 200,671 | $ | — | $ | — | $ | — | $ | 200,671 | $ | 166,493 | NA | NA | ||||||||||||
Derivatives qualifying as guarantees | 2,429 | 836 | 16,972 | 37,484 | 57,721 | 61,738 | $ | 107 | $ | 42 | ||||||||||||||||
Unsettled reverse repurchase and securities borrowing agreements(e) | 66,818 | — | — | — | 66,818 | 34,871 | — | — | ||||||||||||||||||
Loan sale and securitization-related indemnifications: | ||||||||||||||||||||||||||
Mortgage repurchase liability | NA | NA | NA | NA | NA | NA | 2,182 | 2,811 | ||||||||||||||||||
Loans sold with recourse | NA | NA | NA | NA | 8,136 | 9,305 | 137 | 141 | ||||||||||||||||||
Other guarantees and commitments(f) | 659 | 327 | 1,498 | 4,299 | 6,783 | 6,780 | (103 | ) | (75 | ) | ||||||||||||||||
(a) | At September 30, 2013, and December 31, 2012, reflects the contractual amount net of risk participations totaling $506 million and $473 million, respectively, for other unfunded commitments to extend credit; $15.3 billion and $16.6 billion, respectively, for standby letters of credit and other financial guarantees; and $703 million and $690 million, respectively, for other letters of credit. In regulatory filings with the Federal Reserve these commitments are shown gross of risk participations. | |||||||||||||||||||||||||
(b) | At September 30, 2013, and December 31, 2012, included credit enhancements and bond and commercial paper liquidity commitments to U.S. states and municipalities, hospitals and other nonprofit entities of $38.0 billion and $44.5 billion, respectively. These commitments also include liquidity facilities to nonconsolidated municipal bond VIEs; for further information, see Note 15 on pages 179–186 of this Form 10-Q. | |||||||||||||||||||||||||
(c) | At September 30, 2013, and December 31, 2012, included unissued standby letters of credit commitments of $42.3 billion and $44.4 billion, respectively. | |||||||||||||||||||||||||
(d) | At September 30, 2013, and December 31, 2012, collateral held by the Firm in support of securities lending indemnification agreements was $207.2 billion and $165.1 billion, respectively. Securities lending collateral comprises primarily cash and securities issued by governments that are members of the Organisation for Economic Co-operation and Development (“OECD”) and U.S. government agencies. | |||||||||||||||||||||||||
(e) | At September 30, 2013, and December 31, 2012, the amount of commitments related to forward-starting reverse repurchase agreements and securities borrowing agreements were $9.8 billion and $13.2 billion, respectively. Commitments related to unsettled reverse repurchase agreements and securities borrowing agreements with regular-way settlement periods were $57.0 billion and $21.7 billion, at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||
(f) | At September 30, 2013, and December 31, 2012, included unfunded commitments of $232 million and $370 million, respectively, to third-party private equity funds; and $1.7 billion and $1.5 billion, respectively, to other equity investments. These commitments included $224 million and $333 million, respectively, related to investments that are generally fair valued at net asset value as discussed in Note 3 on pages 116–130 of this Form 10-Q. In addition, at September 30, 2013, and December 31, 2012, included letters of credit hedged by derivative transactions and managed on a market risk basis of $4.6 billion and $4.5 billion, respectively. | |||||||||||||||||||||||||
(g) | For lending-related products, the carrying value represents the allowance for lending-related commitments and the guarantee liability; for derivative-related products, the carrying value represents the fair value. | |||||||||||||||||||||||||
Other unfunded commitments to extend credit | ||||||||||||||||||||||||||
Other unfunded commitments to extend credit generally comprise commitments for working capital and general corporate purposes, extensions of credit to support commercial paper facilities and bond financings in the event that those obligations cannot be remarketed to new investors as well as committed liquidity facilities to clearing organizations. | ||||||||||||||||||||||||||
Also included in other unfunded commitments to extend credit are commitments to noninvestment-grade counterparties in connection with leveraged and acquisition finance activities, which were $9.1 billion and $8.8 billion at September 30, 2013, and December 31, 2012, respectively. For further information, see Note 3 and Note 4 on pages 116–130 and 130–132 respectively, of this Form 10-Q. | ||||||||||||||||||||||||||
In addition, the Firm acts as a clearing and custody bank in the U.S. tri-party repurchase transaction market. In its role as clearing and custody bank, the Firm is exposed to intra-day credit risk of the cash borrowers, usually broker-dealers; however, this exposure is secured by collateral and typically extinguished through the settlement process by the end of the day. For the three and nine months ended September 30, 2013, the tri-party repurchase daily balances averaged $280 billion and $325 billion, respectively. | ||||||||||||||||||||||||||
Guarantees | ||||||||||||||||||||||||||
The Firm considers the following off–balance sheet lending-related arrangements to be guarantees under U.S. GAAP: standby letters of credit and financial guarantees, securities lending indemnifications, certain indemnification agreements included within third-party contractual arrangements and certain derivative contracts. For a further discussion of the off–balance sheet lending-related arrangements the Firm considers to be guarantees, and the related accounting policies, see Note 29 on pages 308–315 of JPMorgan Chase’s 2012 Annual Report. The recorded amounts of the liabilities related to guarantees and indemnifications at September 30, 2013, and December 31, 2012, excluding the allowance for credit losses on lending-related commitments, are discussed below. | ||||||||||||||||||||||||||
Standby letters of credit and other financial guarantees | ||||||||||||||||||||||||||
Standby letters of credit (“SBLC”) and other financial guarantees are conditional lending commitments issued by the Firm to guarantee the performance of a customer to a third party under certain arrangements, such as commercial paper facilities, bond financings, acquisition financings, trade and similar transactions. The carrying values of standby and other letters of credit were $609 million and $649 million at September 30, 2013, and December 31, 2012, respectively, which were classified in accounts payable and other liabilities on the Consolidated Balance Sheets; these carrying values included $269 million and $284 million, respectively, for the allowance for lending-related commitments, and $340 million and $365 million, respectively, for the guarantee liability and corresponding asset. | ||||||||||||||||||||||||||
The following table summarizes the types of facilities under which standby letters of credit and other letters of credit arrangements are outstanding by the ratings profiles of the Firm’s customers, as of September 30, 2013, and December 31, 2012. | ||||||||||||||||||||||||||
Standby letters of credit, other financial guarantees and other letters of credit | ||||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||||
(in millions) | Standby letters of | Other letters | Standby letters of | Other letters | ||||||||||||||||||||||
credit and other financial guarantees | of credit | credit and other financial guarantees | of credit | |||||||||||||||||||||||
Investment-grade(a) | $ | 70,616 | $ | 4,712 | $ | 77,081 | $ | 3,998 | ||||||||||||||||||
Noninvestment-grade(a) | 23,502 | 1,037 | 23,848 | 1,575 | ||||||||||||||||||||||
Total contractual amount | $ | 94,118 | $ | 5,749 | $ | 100,929 | $ | 5,573 | ||||||||||||||||||
Allowance for lending-related commitments | $ | 267 | $ | 2 | $ | 282 | $ | 2 | ||||||||||||||||||
Commitments with collateral | 40,839 | 1,585 | 42,654 | 1,145 | ||||||||||||||||||||||
(a) | The ratings scale is based on the Firm’s internal ratings which generally correspond to ratings as defined by S&P and Moody’s. | |||||||||||||||||||||||||
Derivatives qualifying as guarantees | ||||||||||||||||||||||||||
In addition to the contracts described above, the Firm transacts certain derivative contracts that have the characteristics of a guarantee under U.S. GAAP. For further information on these derivatives, see Note 29 on pages 308–315 of JPMorgan Chase’s 2012 Annual Report. The total notional value of the derivatives that the Firm deems to be guarantees was $57.7 billion and $61.7 billion at September 30, 2013, and December 31, 2012, respectively. The notional amount generally represents the Firm’s maximum exposure to derivatives qualifying as guarantees. However, exposure to certain stable value contracts is contractually limited to a substantially lower percentage of the notional amount; the notional amount on these stable value contracts was $26.9 billion and $26.5 billion at September 30, 2013, and December 31, 2012, respectively, and the maximum exposure to loss was $2.8 billion at both periods. The fair values of the contracts reflect the probability of whether the Firm will be required to perform under the contract. The fair value related to derivatives that the Firm deems to be guarantees were derivative payables of $153 million and $122 million and derivative receivables of $46 million and $80 million at September 30, 2013, and December 31, 2012, respectively. The Firm reduces exposures to these contracts by entering into offsetting transactions, or by entering into contracts that hedge the market risk related to the derivative guarantees. | ||||||||||||||||||||||||||
In addition to derivative contracts that meet the characteristics of a guarantee, the Firm is both a purchaser and seller of credit protection in the credit derivatives market. For a further discussion of credit derivatives, see Note 5 on pages 143–144 of this Form 10-Q. | ||||||||||||||||||||||||||
Loan sales- and securitization-related indemnifications | ||||||||||||||||||||||||||
Mortgage repurchase liability | ||||||||||||||||||||||||||
In connection with the Firm’s loan sale and securitization activities with the GSEs and other loan sale and private-label securitization transactions, as described in Note 15 on pages 179–186 of this Form 10-Q, and Note 16 on pages 280–291 of JPMorgan Chase’s 2012 Annual Report, the Firm has made representations and warranties that the loans sold meet certain requirements. The Firm may be, and has been, required to repurchase loans and/or indemnify the GSEs and other investors for losses due to material breaches of these representations and warranties. Generally, the maximum amount of future payments the Firm would be required to make for breaches of these representations and warranties would be equal to the unpaid principal balance of such loans that are deemed to have defects that were sold to purchasers (including securitization-related SPEs) plus, in certain circumstances, accrued interest on such loans and certain expense. | ||||||||||||||||||||||||||
There have been generalized allegations, as well as specific demands, that the Firm repurchase loans sold or deposited into private-label securitizations (including claims from insurers that have guaranteed certain obligations of the securitization trusts). Although the Firm encourages parties to use the contractual repurchase process established in the governing agreements, these private-label repurchase claims have generally manifested themselves through threatened or pending litigation. Accordingly, the liability related to repurchase demands associated with all of the private-label securitizations is separately evaluated by the Firm in establishing its litigation reserves. For additional information regarding litigation, see Note 23 on pages 201–209 of this Form 10-Q and Note 31 on pages 316–325 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||
The Firm’s mortgage repurchase liability is intended to cover losses associated with all loans previously sold in connection with loan sale and securitization transactions with the GSEs and other losses related to mortgage insurance rescissions. The Firm has recognized a mortgage repurchase liability of $2.2 billion and $2.8 billion, at September 30, 2013, and December 31, 2012, respectively. This mortgage repurchase liability is reported in accounts payable and other liabilities net of probable recoveries from third-party originators of $427 million and $441 million at September 30, 2013, and December 31, 2012, respectively. On October 25, 2013, the Firm agreed with the FHFA to resolve, for $1.1 billion, GSE repurchase claims for breaches of representations and warranties on loans sold to the GSEs from 2000 to 2008, except for certain limited types of exposures. The settlement does not release the Firm’s liability with respect to its servicing obligations on covered loans. For additional information on the settlement see Note 23 on pages 201–209 of this Form 10-Q. | ||||||||||||||||||||||||||
Substantially all of the estimates and assumptions underlying the Firm’s established methodology for computing its recorded mortgage repurchase liability — including factors such as the amount of probable future demands from the GSEs, the ability of the Firm to cure identified defects, the severity of loss upon repurchase or foreclosure, and recoveries from third parties — require management judgment. | ||||||||||||||||||||||||||
Given the settlement of the Firm’s mortgage repurchase liability for loans sold to the GSE’s for the 2000-2008 vintages, which experienced the most significant levels of repurchase losses, the Firm’s estimate of the range of reasonably possible losses in excess of its established mortgage repurchase liability is not significant. | ||||||||||||||||||||||||||
The following table summarizes the change in the mortgage repurchase liability for each of the periods presented. | ||||||||||||||||||||||||||
Summary of changes in mortgage repurchase liability(a) | ||||||||||||||||||||||||||
Three months | Nine months ended September 30, | |||||||||||||||||||||||||
ended September 30, | ||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||
Repurchase liability at beginning of period | $ | 2,476 | $ | 3,293 | $ | 2,811 | $ | 3,557 | ||||||||||||||||||
Net realized losses(b) | (135 | ) | (268 | ) | (538 | ) | (891 | ) | ||||||||||||||||||
Provision for repurchase losses(c) | (159 | ) | 74 | (91 | ) | 433 | ||||||||||||||||||||
Repurchase liability at end of period(d) | $ | 2,182 | $ | 3,099 | $ | 2,182 | $ | 3,099 | ||||||||||||||||||
(a) | All mortgage repurchase demands associated with private-label securitizations are separately evaluated by the Firm in establishing its litigation reserves. | |||||||||||||||||||||||||
(b) | Realized repurchase losses are presented net of third-party recoveries and include principal losses and accrued interest on repurchased loans, “make-whole” settlements, settlements with claimants, and certain related expense. Make-whole settlements were $117 million and $94 million for the three months ended September 30, 2013 and 2012, respectively and $371 million and $387 million for the nine months ended September 30, 2013 and 2012, respectively. | |||||||||||||||||||||||||
(c) | Included provision related to new loan sales of $4 million and $30 million for the three months ended September 30, 2013 and 2012, respectively, and $18 million and $85 million for the nine months ended September 30, 2013 and 2012, respectively. | |||||||||||||||||||||||||
(d) | On October 25, 2013, the Firm agreed with the FHFA to resolve, for $1.1 billion, GSE repurchase claims for breaches of representations and warranties on loans sold to the GSEs from 2000 to 2008, except for certain limited types of exposures. The settlement does not release the Firm’s liability with respect to its servicing obligations on covered loans. | |||||||||||||||||||||||||
Loans sold with recourse | ||||||||||||||||||||||||||
The Firm provides servicing for mortgages and certain commercial lending products on both a recourse and nonrecourse basis. In nonrecourse servicing, the principal credit risk to the Firm is the cost of temporary servicing advances of funds (i.e., normal servicing advances). In recourse servicing, the servicer agrees to share credit risk with the owner of the mortgage loans, such as Fannie Mae or Freddie Mac or a private investor, insurer or guarantor. Losses on recourse servicing predominantly occur when foreclosure sales proceeds of the property underlying a defaulted loan are less than the sum of the outstanding principal balance, plus accrued interest on the loan and the cost of holding and disposing of the underlying property. The Firm’s securitizations are predominantly nonrecourse, thereby effectively transferring the risk of future credit losses to the purchaser of the mortgage-backed securities issued by the trust. At September 30, 2013, and December 31, 2012, the unpaid principal balance of loans sold with recourse totaled $8.1 billion and $9.3 billion, respectively. The carrying value of the related liability that the Firm has recorded, which is representative of the Firm’s view of the likelihood it will have to perform under its recourse obligations, was $137 million and $141 million at September 30, 2013, and December 31, 2012, respectively. | ||||||||||||||||||||||||||
Other off-balance sheet arrangements | ||||||||||||||||||||||||||
Credit card charge-backs | ||||||||||||||||||||||||||
Chase Paymentech Solutions, Card’s merchant payment processing business, is operated under JPMorgan Chase Bank, N.A. As a result, under the rules of Visa USA, Inc. and MasterCard International, JPMorgan Chase Bank N.A is primarily liable for the amount of each processed credit card sales transaction that is the subject of a dispute between a cardmember and a merchant. If a dispute is resolved in the cardmember’s favor, then Chase Paymentech will bear the loss if it is unable to collect the amount from the merchant; Chase Paymentech mitigates this risk by withholding future settlements or by obtaining collateral. For the nine months ended September 30, 2013, Chase Paymentech incurred aggregate credit losses of $10 million on $546.7 billion of aggregate volume processed, and at September 30, 2013, it held $219 million of collateral. For the nine months ended September 30, 2012, Chase Paymentech incurred aggregate credit losses of $13 million on $476.6 billion of aggregate volume processed, and at September 30, 2012, it held $207 million of collateral. The Firm believes that, based on historical experience and the collateral held by Chase Paymentech, the fair value of the Firm’s charge back-related obligations, which are representative of the payment or performance risk to the Firm, is immaterial. For a further discussion of credit card charge-backs, see Note 29 on pages 308–315 of JPMorgan Chase’s 2012 Annual Report. |
Pledged_Assets_and_Collateral
Pledged Assets and Collateral | 9 Months Ended |
Sep. 30, 2013 | |
Commitments and Contingencies Disclosure [Abstract] | ' |
Pledged assets and collateral | ' |
Pledged assets and collateral | |
For a discussion of the Firm’s pledged assets and collateral, see Note 30 on pages 315–316 of JPMorgan Chase’s 2012 Annual Report. | |
Pledged assets | |
At September 30, 2013, assets were pledged to collateralize repurchase and other securities financing agreements, maintain potential borrowing capacity with central banks and for other purposes, including to secure borrowings and public deposits. Certain of these pledged assets may be sold or repledged by the secured parties and are identified as financial instruments owned (pledged to various parties) on the Consolidated Balance Sheets. In addition, at September 30, 2013, and December 31, 2012, the Firm had pledged $297.4 billion and $291.7 billion, respectively, of financial instruments it owns that may not be sold or repledged by the secured parties. Total assets pledged do not include assets of consolidated VIEs; these assets are used to settle the liabilities of those entities. See Note 15 on pages 179–186 of this Form 10-Q, and Note 16 on pages 280–291 of JPMorgan Chase’s 2012 Annual Report, for additional information on assets and liabilities of consolidated VIEs. | |
Collateral | |
At September 30, 2013, and December 31, 2012, the Firm had accepted assets as collateral that it could sell or repledge, deliver or otherwise use with a fair value of approximately $719.4 billion and $757.1 billion, respectively. This collateral was generally obtained under resale agreements, securities borrowing agreements, customer margin loans and derivative agreements. Of the collateral received, approximately $590.1 billion and $545.0 billion, respectively, were sold or repledged, generally as collateral under repurchase agreements, securities lending agreements or to cover short sales and to collateralize deposits and derivative agreements. |
Litigation
Litigation | 9 Months Ended |
Sep. 30, 2013 | |
Litigation [Abstract] | ' |
LITIGATION | ' |
Litigation | |
Contingencies | |
As of September 30, 2013, the Firm and its subsidiaries are defendants or putative defendants in numerous legal proceedings, including private, civil litigations and regulatory/government investigations. The litigations range from individual actions involving a single plaintiff to class action lawsuits with potentially millions of class members. Investigations involve both formal and informal proceedings, by both governmental agencies and self-regulatory organizations. These legal proceedings are at varying stages of adjudication, arbitration or investigation, and involve each of the Firm’s lines of business and geographies and a wide variety of claims (including common law tort and contract claims and statutory antitrust, securities and consumer protection claims), some of which present novel legal theories. | |
The Firm believes the estimate of the aggregate range of reasonably possible losses, in excess of reserves established, for its legal proceedings is from $0 to approximately $5.7 billion at September 30, 2013. This estimated aggregate range of reasonably possible losses is based upon currently available information for those proceedings in which the Firm is involved, taking into account the Firm’s best estimate of such losses for those cases for which such estimate can be made. For certain cases, the Firm does not believe that an estimate can currently be made. The Firm’s estimate involves significant judgment, given the varying stages of the proceedings (including the fact that many are currently in preliminary stages), the existence in many such proceedings of multiple defendants (including the Firm) whose share of liability has yet to be determined, the numerous yet-unresolved issues in many of the proceedings (including issues regarding class certification and the scope of many of the claims) and the attendant uncertainty of the various potential outcomes of such proceedings. Accordingly, the Firm’s estimate will change from time to time, and actual losses may vary. | |
Set forth below are descriptions of the Firm’s material legal proceedings. | |
Auction-Rate Securities Investigations and Litigation. Beginning in March 2008, several regulatory authorities initiated investigations of a number of industry participants, including the Firm, concerning possible state and federal securities law violations in connection with the sale of auction-rate securities (“ARS”). The market for many such securities had frozen and a significant number of auctions for those securities began to fail in February 2008. | |
The Firm, on behalf of itself and affiliates, agreed to a settlement in principle with the New York Attorney General’s Office which provided, among other things, that the Firm would offer to purchase at par certain ARS purchased from J.P. Morgan Securities LLC, Chase Investment Services Corp. and Bear, Stearns & Co. Inc. by individual investors, charities and small- to medium-sized businesses. The Firm also agreed to a substantively similar settlement in principle with the Office of Financial Regulation for the State of Florida and the North American Securities Administrators Association (“NASAA”) Task Force, which agreed to recommend approval of the settlement to all remaining states, Puerto Rico and the U.S. Virgin Islands. The Firm has finalized the settlement agreements with the New York Attorney General’s Office and the Office of Financial Regulation for the State of Florida. The settlement agreements provide for the payment of penalties totaling $25 million to all states and territories. To date, final consent agreements have been reached with all but three of NASAA’s members. | |
Bear Stearns Hedge Fund Matters. The Bear Stearns Companies LLC (formerly The Bear Stearns Companies Inc.)(“Bear Stearns”), certain current or former subsidiaries of Bear Stearns, including Bear Stearns Asset Management, Inc. (“BSAM”) and Bear, Stearns & Co. Inc., and certain individuals formerly employed by Bear Stearns are named defendants (collectively the “Bear Stearns defendants”) in multiple civil actions and arbitrations relating to alleged losses resulting from the failure of the Bear Stearns High Grade Structured Credit Strategies Master Fund, Ltd. (the “High Grade Fund”) and the Bear Stearns High Grade Structured Credit Strategies Enhanced Leverage Master Fund, Ltd. (the “Enhanced Leverage Fund”) (collectively the “Funds”). BSAM served as investment manager for both of the Funds, which were organized such that there were U.S. and Cayman Islands “feeder funds” that invested substantially all their assets, directly or indirectly, in the Funds. The Funds are in liquidation. | |
In August 2013, the trial court dismissed an action that had been pending in the United States District Court for the Southern District of New York. That action was brought by the Joint Voluntary Liquidators of the Cayman Islands feeder funds and was dismissed after the parties reached an agreement to resolve that litigation, with a net payment by BSAM of $257 million. | |
A second civil action, brought by Bank of America and Banc of America Securities LLC (together “BofA”), remains pending. That action alleges breach of contract, fraud and breach of fiduciary duty in connection with a $4 billion securitization in May 2007 known as a “CDO-squared,” for which BSAM served as collateral manager. This securitization was composed of certain collateralized debt obligation holdings that were purchased by BofA from the Funds. In September 2013, the United States District Court for the Southern District of New York dismissed the case, after granting BSAM’s motion for summary judgment. The plaintiffs filed an appeal of that decision to the United States Court of Appeals for the Second Circuit in October 2013. | |
Bear Stearns Shareholder Litigation and Related Matters. Various shareholders of Bear Stearns have commenced purported class actions against Bear Stearns and certain of its former officers and/or directors on behalf of all persons who purchased or otherwise acquired common stock of Bear Stearns between December 14, 2006, and March 14, 2008 (the “Class Period”). The actions alleged that the defendants issued materially false and misleading statements regarding Bear Stearns’ business and financial results and that, as a result of those false statements, Bear Stearns’ common stock traded at artificially inflated prices during the Class Period. In November 2012, the United States District Court for the Southern District of New York granted final approval of a $275 million settlement. Certain investors have elected not to participate in the class settlement, and some of them have proceeded separately with individual actions or arbitrations and others may do likewise. | |
Bear Stearns, former members of Bear Stearns’ Board of Directors and certain of Bear Stearns’ former executive officers have also been named as defendants in a shareholder derivative and class action suit which is pending in the United States District Court for the Southern District of New York. Plaintiffs assert claims for breach of fiduciary duty, violations of federal securities laws, waste of corporate assets and gross mismanagement, unjust enrichment, abuse of control, and indemnification and contribution in connection with the losses sustained by Bear Stearns as a result of its purchases of subprime loans and certain repurchases of its own common stock. Certain individual defendants are also alleged to have sold their holdings of Bear Stearns common stock while in possession of material nonpublic information. Plaintiffs seek compensatory damages in an unspecified amount. The District Court dismissed the action in January 2011, and plaintiffs have appealed. | |
CIO Investigations and Litigation. The Firm is responding to a consolidated shareholder class action, a consolidated class action brought under the Employee Retirement Income Security Act (“ERISA”) and shareholder derivative actions that have been filed in New York state court and the United States District Court for the Southern District of New York, as well as shareholder demands and government investigations, relating to losses in the synthetic credit portfolio managed by the Firm’s Chief Investment Office (“CIO”). The Firm has entered into settlements with the OCC, the Federal Reserve, the Securities and Exchange Commission (the “SEC”), the Commodity Futures Trading Commission (the “CFTC”) and the UK Financial Conduct Authority (the “FCA”), and paid fines of approximately $1.0 billion. The Firm continues to cooperate with ongoing government investigations, including by the United States Attorney’s Office for the Southern District of New York and the State of Massachusetts. | |
Four putative class actions, filed on behalf of purchasers of the Firm’s common stock between February 24, 2010 and May 21, 2012, have been consolidated in federal district court. These actions allege that the Firm and certain current and former officers made false or misleading statements concerning CIO’s role, the Firm’s risk management practices and the Firm’s financial results, as well as the disclosure of losses in the synthetic credit portfolio in 2012. Defendants have filed a motion to dismiss. | |
Separately, two putative class actions, filed on behalf of participants who held the Firm’s common stock in the Firm’s retirement plans between December 20, 2011 to July 12, 2012, have been consolidated in federal district court. These actions allege claims under ERISA for alleged breaches of fiduciary duties by the Firm, certain affiliates and certain current and former directors and officers by allegedly allowing investment in the Firm’s common stock when they knew or should have known that such stock was unsuitable for the plan and by making false or misleading statements concerning the Firm’s financial condition. Defendants have filed a motion to dismiss. | |
Nine shareholder derivative actions have also been filed against certain of the Firm’s current and former directors and officers for alleged breaches of their fiduciary duties by allegedly failing to exercise adequate oversight over CIO and to manage the risk of CIO’s activities, which allegedly led to CIO’s losses. Defendants have filed motions to dismiss and/or to stay all of these actions. The New York state court has granted defendants’ motions to dismiss one of these actions and to stay another. | |
City of Milan Litigation and Criminal Investigation. In January 2009, the City of Milan, Italy (the “City”) issued civil proceedings against (among others) JPMorgan Chase Bank, N.A. and J.P. Morgan Securities plc (together, “JPMorgan Chase”) in the District Court of Milan. The proceedings relate to (a) a bond issue by the City in June 2005 (the “Bond”), and (b) an associated swap transaction, which was subsequently restructured on a number of occasions between 2005 and 2007 (the “Swap”). The City seeks damages and/or other remedies against JPMorgan Chase (among others) on the grounds of alleged “fraudulent and deceitful acts” and alleged breach of advisory obligations in connection with the Swap and the Bond, together with related swap transactions with other counterparties. The Firm has entered into a settlement agreement with the City to resolve the City’s civil proceedings. | |
In March 2010, a criminal judge directed four current and former JPMorgan Chase personnel and JPMorgan Chase Bank, N.A. (as well as other individuals and three other banks) to go forward to a full trial that started in May 2010. As it relates to JPMorgan Chase individuals, two were acquitted and two were found guilty of aggravated fraud with sanctions of prison sentences, fines and a ban from dealing with Italian public bodies for one year. JPMorgan Chase (along with other banks involved) was found liable for breaches of Italian administrative law, fined €1 million and ordered to forfeit profit from the transaction (for JPMorgan Chase, totaling €24.7 million). JPMorgan Chase and the individuals are appealing the verdict, and none of the sanctions will take effect until all appeal avenues have been exhausted. The first appeal hearing is scheduled for January 2014. | |
Credit Default Swaps Investigations and Litigation. In July 2013, the European Commission (the “EC”) filed a Statement of Objections against the Firm (including various subsidiaries) and other industry members in connection with its ongoing investigation into the credit default swaps (“CDS”) marketplace. The EC asserts that between 2006 and 2009, a number of investment banks acted collectively through the International Swaps and Derivatives Association (“ISDA”) and Markit to shut out exchanges by instructing Markit and ISDA to license their respective data and index benchmarks only for over-the-counter (“OTC”) trading and not for exchange trading, allegedly to protect the investment banks’ revenues from the OTC market. The Department of Justice (the “DOJ”) also has an ongoing investigation into the CDS marketplace, which was initiated in July 2009. | |
Separately, six purported class actions naming the Firm and brought on behalf of purchasers and sellers of CDS have been filed in various federal District Courts asserting federal antitrust law claims. Each of the complaints refers to the ongoing investigations by the EC and DOJ into the CDS market, and alleges that the defendant investment banks and dealers, including the Firm, as well as Markit and/or ISDA, collectively prevented new entrants into the CDS market, in order to artificially inflate the defendants’ OTC revenues. | |
Enron Litigation. JPMorgan Chase and certain of its officers and directors are involved in two lawsuits seeking damages arising out of the Firm’s banking relationships with Enron Corp. and its subsidiaries (“Enron”). Motions to dismiss are pending in both of these lawsuits: an individual action by Enron investors and an action by an Enron counterparty. A number of actions and other proceedings against the Firm previously were resolved, including a class action lawsuit and adversary proceedings brought by Enron’s bankruptcy estate. | |
Foreign Exchange Investigations. The Firm has received information requests from various government authorities regarding the Firm’s foreign exchange trading business. These investigations are in the early stages and the Firm is cooperating with the relevant authorities. | |
Identity Theft Products. In September 2013, Chase Bank USA, N.A. and JPMorgan Chase Bank, N.A. entered into consent orders with the OCC and the Consumer Financial Protection Bureau (“CFPB”) regarding the billing practices for certain credit monitoring products. The Firm stopped enrollments in the credit monitoring products in mid-2012 and has credited or refunded the customers affected. Under the consent orders, the banks paid penalties totaling $80 million and will take certain corrective actions. | |
Interchange Litigation. A group of merchants and retail associations have filed a series of putative class action complaints relating to interchange in several federal courts. The complaints allege, among other claims, that Visa and MasterCard, as well as certain other banks, conspired to set the price of credit and debit card interchange fees, enacted respective rules in violation of antitrust laws, and engaged in tying/bundling and exclusive dealing. All cases were consolidated in the United States District Court for the Eastern District of New York for pretrial proceedings. | |
In October 2012, Visa, Inc., its wholly-owned subsidiaries Visa U.S.A. Inc. and Visa International Service Association, MasterCard Incorporated, MasterCard International Incorporated and various United States financial institution defendants, including JPMorgan Chase & Co., JPMorgan Chase Bank, N.A., Chase Bank USA, N.A., Chase Paymentech Solutions, LLC and certain predecessor institutions, entered into a settlement agreement (the “Settlement Agreement”) to resolve the claims of the U.S. merchant and retail association plaintiffs (the “Class Plaintiffs”) in the multi-district litigation. In November 2012, the Court entered an order preliminarily approving the Settlement Agreement, which provides for, among other things, a cash payment of $6.05 billion to the Class Plaintiffs (of which the Firm’s share is approximately 20%), and an amount equal to ten basis points of credit card interchange for a period of eight months to be measured from a date within 60 days of the end of the opt-out period. The Settlement Agreement also provides for modifications to each credit card network’s rules, including those that prohibit surcharging credit card transactions. The rule modifications became effective in January 2013. In April 2013, Class Plaintiffs moved for final approval of the settlement. A number of merchants that opted out of the class settlement have filed actions against Visa and MasterCard, and certain of such actions also name the Firm and various of its affiliates as defendants. The final approval hearing of the class settlement was held in September 2013. The court’s decision on final approval is pending. | |
Investment Management Litigation. The Firm is defending two pending cases that allege that investment portfolios managed by J.P. Morgan Investment Management Inc. were inappropriately invested in securities backed by residential real estate collateral. Plaintiffs claim that JPMorgan Investment Management is liable for losses of more than $1 billion in market value of these securities. In the case filed by Assured Guaranty (U.K.) and the case filed by Ambac Assurance UK Limited in New York state court, discovery is proceeding on claims for breach of contract, breach of fiduciary duty and gross negligence. In a third case, filed by CMMF LLP in New York state court, the judge issued a decision finding in JPMIM’s favor on CMMF’s negligence claim and against JPMIM on a claim that a provision in CMMF’s contract was breached. The court awarded CMMF $42.5 million plus interest, and the parties have settled the case. | |
Lehman Brothers Bankruptcy Proceedings. In May 2010, Lehman Brothers Holdings Inc. (“LBHI”) and its Official Committee of Unsecured Creditors (the “Committee”) filed a complaint (and later an amended complaint) against JPMorgan Chase Bank, N.A. in the United States Bankruptcy Court for the Southern District of New York that asserts both federal bankruptcy law and state common law claims, and seeks, among other relief, to recover $8.6 billion in collateral that was transferred to JPMorgan Chase Bank, N.A. in the weeks preceding LBHI’s bankruptcy. The amended complaint also seeks unspecified damages on the grounds that JPMorgan Chase Bank, N.A.’s collateral requests hastened LBHI’s bankruptcy. The Firm moved to dismiss plaintiffs’ amended complaint in its entirety, and also moved to transfer the litigation from the Bankruptcy Court to the United States District Court for the Southern District of New York. In April 2012, the Bankruptcy Court issued a decision granting in part and denying in part the Firm’s motion to dismiss. The Court dismissed the counts of the amended complaint seeking avoidance of the allegedly constructively fraudulent and preferential transfers made to the Firm during the months of August and September 2008. The Court denied the Firm’s motion to dismiss as to the other claims, including claims that allege intentional misconduct. In September 2012, the District Court denied the transfer motion without prejudice to its renewal in the future, but stated that any trial would likely have to be conducted before the District Court. | |
The Firm also filed counterclaims against LBHI alleging that LBHI fraudulently induced the Firm to make large clearing advances to Lehman against inappropriate collateral, which left the Firm with more than $25 billion in claims (the “Clearing Claims”) against the estate of Lehman Brothers Inc. (“LBI”), LBHI’s broker-dealer subsidiary. These claims have been paid in full, subject to the outcome of the litigation. Discovery is ongoing. | |
LBHI and the Committee have filed an objection to the deficiency claims asserted by JPMorgan Chase Bank, N.A. against LBHI with respect to the Clearing Claims, principally on the grounds that the Firm had not conducted the sale of the securities collateral held for such claims in a commercially reasonable manner. The Firm responded to LBHI’s objection in November 2011. Discovery is ongoing. | |
LBHI and several of its subsidiaries that had been Chapter 11 debtors have filed a separate complaint and objection to derivatives claims asserted by the Firm alleging that the amount of the derivatives claims had been overstated and challenging certain set-offs taken by JPMorgan Chase entities to recover on the claims. The Firm responded to this separate complaint and objection in February 2013. Discovery is ongoing. | |
LIBOR and Other Benchmark Rate Investigations and Litigation. JPMorgan Chase has received subpoenas and requests for documents and, in some cases, interviews, from federal and state agencies and entities, including the DOJ, CFTC, SEC and various state attorneys general, as well as the European Commission, the FCA, Canadian Competition Bureau, Swiss Competition Commission and other regulatory authorities and banking associations around the world. The documents and information sought relate primarily to the process by which interest rates were submitted to the British Bankers Association (“BBA”) in connection with the setting of the BBA’s London Interbank Offered Rate (“LIBOR”) for various currencies, principally in 2007 and 2008. Some of the inquiries also relate to similar processes by which information on rates is submitted to European Banking Federation (“EBF”) in connection with the setting of the EBF’s Euro Interbank Offered Rates (“EURIBOR”) and to the Japanese Bankers’ Association for the setting of Tokyo Interbank Offered Rates (“TIBOR”) as well as to other processes for the setting of other reference rates in various parts of the world during similar time periods. The Firm is cooperating with these inquiries. | |
In addition, the Firm has been named as a defendant along with other banks in a series of individual and class actions filed in various United States District Courts in which plaintiffs make varying allegations that in various periods, starting in 2000 or later, defendants either individually or collectively manipulated the U.S. dollar LIBOR, Yen LIBOR and/or Euroyen TIBOR rates by submitting rates that were artificially low or high. Plaintiffs allege that they transacted in loans, derivatives or other financial instruments whose values are impacted by changes in U.S. dollar LIBOR, Yen LIBOR, or Euroyen TIBOR and assert a variety of claims including antitrust claims seeking treble damages. | |
The U.S. dollar LIBOR-related purported class actions have been consolidated for pre-trial purposes in the United States District Court for the Southern District of New York (the “Multidistrict Litigation Court”) for three purported classes: (i) direct purchasers of U.S. dollar LIBOR-based financial instruments in the over-the-counter market (the “OTC Plaintiffs”); (ii) purchasers of U.S. dollar LIBOR-based financial instruments on an exchange (the “Exchange Plaintiffs”); and (iii) purchasers of debt securities that pay an interest rate linked to U.S. dollar LIBOR (the “Debt Securities Plaintiffs”). In March 2013, the Court granted in part and denied in part the defendants’ motions to dismiss the claims asserted in these three purported class actions, as well as in three related individual actions brought by various Charles Schwab entities (the “Schwab Plaintiffs”). The Court dismissed with prejudice the following claims: (i) the conspiracy claims under Section 1 of the Sherman Act; (ii) the Schwab Plaintiffs’ claims under the Cartwright Act; (iii) the Schwab Plaintiffs’ claims under the Racketeer Influenced and Corrupt Organizations Act; and (iv) certain claims under the Commodity Exchange Act (“CEA”). The Court declined to exercise jurisdiction over certain state and common law claims. | |
In April 2013, the Schwab Plaintiffs filed a new U.S. dollar LIBOR action in California state court alleging federal securities claims and California state law claims, which has since been transferred to the Multidistrict Litigation Court. In August 2013, the Court issued a decision denying motions to amend certain claims and reconsider certain earlier decisions, and granting a motion for leave to assert certain state law claims. | |
In September 2013, the OTC Plaintiffs and Exchange Plaintiffs filed their respective second amended complaints and the Exchange Plaintiffs sought leave to amend their complaint to add allegations regarding their trades in Eurodollar futures contracts and pre-August 2007 allegations of LIBOR manipulation. Defendants have moved to dismiss the Exchange Plaintiffs’ second amended complaint. The Debt Securities Plaintiffs and the Schwab Plaintiffs have filed notices of appeal to the United States Court of Appeals for the Second Circuit from the Multidistrict Litigation Court’s orders dismissing their antitrust claims. | |
Separate from the cases pending in the Multidistrict Litigation Court, additional U.S. dollar LIBOR-related purported class and individual actions have been filed in various courts since April 2012. Defendants have moved to transfer these cases to the Multidistrict Litigation Court. To date, one of these actions has not been transferred. | |
The Firm has also been named as a defendant in a purported class action filed in the United States District Court for the Southern District of New York which seeks to bring claims on behalf of plaintiffs who purchased or sold exchange-traded Euroyen futures and options contracts. The defendants filed a motion to dismiss. | |
The Firm has also been named as a nominal defendant in a derivative action in the Supreme Court of New York in the County of New York against certain current and former members of the Firm’s board of directors for alleged breach of fiduciary duty in connection with the Firm’s purported role in manipulating LIBOR. The defendants filed a motion to dismiss. | |
Madoff Litigation and Investigations. JPMorgan Chase & Co., JPMorgan Chase Bank, N.A., J.P. Morgan Securities LLC, and J.P. Morgan Securities plc have been named as defendants in a lawsuit brought by the trustee (the “Trustee”) for the liquidation of Bernard L. Madoff Investment Securities LLC (“Madoff”). The Trustee has served an amended complaint in which he seeks avoidance, under the federal Bankruptcy Code and the New York Debtor and Creditor Law, of approximately $425 million of transfers (direct or indirect) made to JPMorgan Chase and asserts common law claims that purport to seek approximately $19 billion in damages. In October 2011, the United States District Court for the Southern District of New York granted JPMorgan Chase’s motion to dismiss the common law claims asserted by the Trustee, and returned the remaining claims to the Bankruptcy Court for further proceedings. The Trustee appealed this decision and in June 2013 the United States Court of Appeals for the Second Circuit affirmed the District Court’s decision. The Trustee has filed a petition for writ of certiorari with the Supreme Court of the United States. | |
Separately, J.P. Morgan Trust Company (Cayman) Limited, JPMorgan (Suisse) SA, J.P. Morgan Securities plc, Bear Stearns Alternative Assets International Ltd., J.P. Morgan Clearing Corp., J.P. Morgan Bank Luxembourg SA, and J.P. Morgan Markets Limited (formerly Bear Stearns International Limited) were named as defendants in lawsuits filed in Bankruptcy Court in New York arising out of the liquidation proceedings of Fairfield Sentry Limited and Fairfield Sigma Limited (together, “Fairfield”), so-called Madoff feeder funds. These actions seek to recover payments made to defendants by the funds totaling approximately $155 million. Pursuant to an agreement with the Trustee, the liquidators of Fairfield have voluntarily dismissed their action against J.P. Morgan Securities plc without prejudice to refiling. The other actions remain outstanding. In addition, a purported class action was brought by investors in certain feeder funds against JPMorgan Chase in the United States District Court for the Southern District of New York, as was a motion by separate potential class plaintiffs to add claims against JPMorgan Chase & Co., JPMorgan Chase Bank, N.A., J.P. Morgan Securities LLC and J.P. Morgan Securities plc to an already pending purported class action in the same court. The allegations in these complaints largely track those raised by the Trustee. The Court dismissed these complaints and plaintiffs have appealed. In September 2013, the United States Court of Appeals for the Second Circuit affirmed the District Court’s decision. | |
The Firm is a defendant in five other Madoff-related actions pending in New York state court and one purported class action in federal District Court in New York. The allegations in all of these actions are essentially identical, and involve claims against the Firm for, among other things, aiding and abetting breach of fiduciary duty, conversion and unjust enrichment. The Firm has moved to dismiss both the state and federal actions. | |
The United States Attorney’s Office for the Southern District of New York and the OCC are conducting investigations relating to the Firm’s handling of its relationship with Madoff, and its related compliance obligations. The Firm is cooperating with these investigations. | |
MF Global. JPMorgan Chase & Co. was named as one of several defendants in a number of putative class action lawsuits brought by former customers of MF Global in federal District Courts in New York, Illinois and Montana. The actions alleged that the Firm aided and abetted MF Global’s alleged misuse of customer money and breaches of fiduciary duty and was unjustly enriched by the transfer of certain customer segregated funds by MF Global. In March 2013, the Firm entered into a settlement agreement with the customer class plaintiffs and the Securities Investor Protection Act Trustee, pursuant to which the Firm agreed to pay a total of $107.5 million to resolve all claims. The settlement was approved by both the Bankruptcy Court and the District Court in July 2013. | |
The Firm also entered into a settlement with the MF Global Chapter 11 debtors to resolve all claims against the Firm in exchange for a portion of the proceeds, if any, that the Firm receives in connection with its $60 million unsecured claim in the MF Global broker-dealer bankruptcy proceeding. This settlement was approved by the Bankruptcy Court in August 2013. | |
The Firm is also continuing to respond to inquiries from the CFTC concerning MF Global. | |
J.P. Morgan Securities LLC has been named as one of several defendants in a number of purported class actions filed by purchasers of MF Global’s publicly traded securities asserting violations of federal securities laws and alleging that the offering documents contained materially false and misleading statements and omissions regarding MF Global. The actions have been consolidated before the United States District Court for the Southern District of New York. Defendants have filed a motion to dismiss. | |
Mortgage-Backed Securities and Repurchase Litigation and Related Regulatory Investigations. JPMorgan Chase and affiliates (together, “JPMC”), Bear Stearns and affiliates (together, “Bear Stearns”) and Washington Mutual affiliates (together, “Washington Mutual”) have been named as defendants in a number of cases in their various roles in offerings of mortgage-backed securities (“MBS”). These cases include purported class action suits on behalf of MBS purchasers, actions by individual MBS purchasers and actions by monoline insurance companies that guaranteed payments of principal and interest for particular tranches of MBS offerings. There are currently pending and tolled investor and monoline insurer claims involving MBS with an original principal balance of approximately $117 billion, of which $88 billion involves JPMC, Bear Stearns or Washington Mutual as issuer and $29 billion involves JPMC, Bear Stearns or Washington Mutual solely as underwriter. In addition, the Firm and certain of its current and former officers and Board members have been sued in shareholder derivative actions relating to the Firm’s MBS activities. And trustees have asserted or have threatened to assert claims that loans in securitization trusts should be repurchased. Finally, the Firm is responding to a number of MBS-related government investigations and one case filed by the New York State Attorney General. | |
Issuer Litigation – Class Actions. The Firm is defending three purported class actions brought against JPMC and Bear Stearns as MBS issuers (and, in some cases, also as underwriters of their own MBS offerings) in the United States District Courts for the Eastern and Southern Districts of New York. Motions to dismiss have largely been denied in these cases, which are in various stages of litigation. | |
Issuer Litigation – Individual Purchaser Actions. In addition to class actions, the Firm is defending individual actions brought against JPMC, Bear Stearns and Washington Mutual as MBS issuers (and, in some cases, also as underwriters of their own MBS offerings). These actions are pending in federal and state courts across the United States and are in various stages of litigation. | |
The Firm has recently reached an agreement to resolve all such litigation with the Federal Housing Finance Agency as conservator for Freddie Mac and Fannie Mae for $4.0 billion, relating to MBS with an original principal balance of approximately $33.8 billion purchased by Fannie Mae and Freddie Mac from JPMC, Bear Stearns and Washington Mutual. The Firm has also agreed to resolve Fannie Mae’s and Freddie Mac’s repurchase claims associated with whole loan purchases from 2000 to 2008, for $1.1 billion. | |
Monoline Insurer Litigation. The Firm is defending five pending actions relating to monoline insurers’ guarantees of principal and interest on certain classes of 14 different Bear Stearns MBS offerings. These actions are pending in federal and state courts in New York and are in various stages of litigation. | |
Underwriter Actions. In actions against the Firm solely as an underwriter of other issuers’ MBS offerings, the Firm has contractual rights to indemnification from the issuers. However, those indemnity rights may prove effectively unenforceable in various situations, such as where the issuers are now defunct. | |
Repurchase Litigation. The Firm is also defending a number of actions brought by trustees or master servicers of various MBS trusts and others on behalf of purchasers of securities issued by those trusts. These cases generally allege breaches of various representations and warranties regarding securitized loans and seek repurchase of those loans or equivalent monetary relief, as well as indemnification of attorneys’ fees and costs and other remedies. Deutsche Bank National Trust Company, acting as trustee for various MBS trusts, has filed such a suit against JPMC, Washington Mutual and the FDIC in connection with a significant number of MBS issued by Washington Mutual; that case is described in the Washington Mutual Litigations section below. Other repurchase actions, each specific to one or more MBS transactions issued by JPMC and/or Bear Stearns, are in various stages of litigation. | |
In addition, the Firm has received several demands by securitization trustees that threaten litigation, as well as demands by investors directing or threatening to direct trustees to investigate claims or bring litigation, based on purported obligations to repurchase loans out of securitization trusts and alleged servicing deficiencies. These include but are not limited to a demand from a law firm made to various trustees to investigate potential repurchase and servicing claims. The law firm, with which the Firm is in discussions, is counsel to a group of purchasers of MBS that purport to have 25% or more of the voting rights in as many as 191 different trusts sponsored by the Firm or its affiliates with an original principal balance of more than $174 billion (excluding 52 trusts sponsored by Washington Mutual, with an original principal balance of more than $58 billion). Further, there have been repurchase and servicing claims made in litigation against trustees not affiliated with the Firm, but involving trusts that the Firm sponsored, and additional claims of this type that have been tolled. | |
Derivative Actions. Three shareholder derivative actions relating to the Firm’s MBS activities have been filed to date, against the Firm and certain of its current and former officers and Board members, in New York state court. In the first, the Firm’s motion to dismiss was granted and the dismissal was affirmed on appeal. The other two allege wrongful conduct in connection with the sale of MBS. Defendants have filed a motion to dismiss in one of these actions and have not yet been served in the other. | |
Government Enforcement Investigations and Litigation. The Firm is responding to parallel investigations being conducted by the Civil and Criminal Divisions of the United States Attorney’s Office for the Eastern District of California relating to MBS offerings securitized and sold by the Firm and its subsidiaries. In May 2013, the Firm received a notice from the Civil Division stating that it has preliminarily concluded that JPMC violated certain federal laws in connection with its subprime and Alt-A residential MBS offerings during 2005 to 2007. The Firm has been in discussions with the Department of Justice to resolve this matter, along with a number of other MBS investigation and litigation matters. There is no assurance that such discussions will result in a final settlement. | |
Certain JPMC entities, in their capacities as alleged successors in interest to Bear Stearns, have also been named as defendants in a civil suit filed by the New York State Attorney General in New York state court in connection with Bear Stearns’ due diligence and quality control practices relating to MBS. | |
Other. In addition to the above-described matters, the Firm has also received, and responded to, a number of subpoenas and informal requests for information from other federal and state authorities concerning MBS-related matters, including inquiries concerning a number of transactions involving the Firm and its affiliates’ origination and purchase of whole loans, underwriting, issuance and trading of MBS, treatment of early payment defaults, potential breaches of securitization representations and warranties, and due diligence in connection with securitizations. The Firm continues to respond to these MBS-related regulatory inquiries. | |
The Firm has entered into agreements with a number of entities that purchased MBS that toll applicable limitations periods with respect to their claims, and has settled, and in the future may settle, tolled claims. There is no assurance that the Firm will not be named as a defendant in additional MBS-related litigation. | |
Mortgage-Related Investigations and Litigation. The Attorneys General of Massachusetts and New York have separately filed lawsuits against the Firm, other servicers and a mortgage recording company asserting claims for various alleged wrongdoings relating to mortgage assignments and use of the industry’s electronic mortgage registry. The court granted in part and denied in part the defendants’ motion to dismiss the Massachusetts action and the Firm has reached a settlement in the New York action. | |
The Firm is named as a defendant in two purported class action lawsuits relating to its mortgage foreclosure procedures. In one action, the Court granted the Firm’s motion to dismiss the amended complaint, and in the other action the plaintiffs have moved for class certification. | |
Two shareholder derivative actions have been filed in New York Supreme Court against the Firm’s Board of Directors alleging that the Board failed to exercise adequate oversight as to wrongful conduct by the Firm regarding mortgage servicing. These actions seek declaratory relief and damages. In July 2012, the Court granted defendants’ motion to dismiss the complaint in the first-filed action and gave plaintiff 45 days in which to file an amended complaint. In October 2012, the Court entered a stipulated order consolidating the actions and staying all proceedings pending the plaintiffs’ decision whether to file a consolidated complaint after the Firm completes its response to a demand submitted by one of the plaintiffs under Section 220 of the Delaware General Corporation Law. | |
The Civil Division of the United States Attorney’s Office for the Southern District of New York is conducting an investigation concerning the Firm’s compliance with the requirements of the Federal Housing Administration’s Direct Endorsement Program. The Firm is cooperating in that investigation. | |
Municipal Derivatives Litigation. Purported class action lawsuits and individual actions were filed against JPMorgan Chase and Bear Stearns, as well as numerous other providers and brokers, alleging antitrust violations in the market for financial instruments related to municipal bond offerings referred to collectively as “municipal derivatives.” The municipal derivatives actions were consolidated and/or coordinated in the United States District Court for the Southern District of New York. The Court approved a settlement of the class action pursuant to which the Firm paid $43 million. Certain class members opted out of the settlement, including 27 plaintiffs named in individual actions already pending against JPMorgan. | |
In addition, civil actions have been commenced against the Firm relating to certain Jefferson County, Alabama (the “County”) warrant underwritings and swap transactions. The County filed for bankruptcy in November 2011. There are currently three civil actions pending in Alabama state court or the United States Bankruptcy Court for the Northern District of Alabama: (1) an action by the County against the Firm and several other defendants alleging that the Firm made payments to certain third parties in exchange for being chosen to underwrite more than $3 billion in warrants issued by the County and to act as the counterparty for certain swaps executed by the County and that, but for the concealment of these payments, the County would not have entered into the transactions; (2) an action on behalf of a purported class of sewer rate payers based on the same allegations as in the County’s action; and (3) an adversary proceeding by different representatives of a purported class of sewer ratepayers seeking to void $1.6 billion of warrants issued by the County as allegedly unlawful, which initially included the Firm as a defendant but more recently has dropped any claims against the Firm. All of these actions have been stayed. | |
Two insurance companies that guaranteed the payment of principal and interest on warrants issued by the County have filed separate actions against the Firm in New York state court. Their complaints assert that the Firm fraudulently misled them into issuing insurance based upon substantially the same alleged conduct described above and other alleged non-disclosures. One insurer claims that it insured an aggregate principal amount of nearly $1.2 billion and seeks unspecified damages in excess of $400 million as well as unspecified punitive damages. The other insurer claims that it insured an aggregate principal amount of more than $378 million and seeks recovery of $4 million allegedly paid under the policies to date as well as any future payments and unspecified punitive damages. Both of these actions are also currently stayed. | |
In June 2013, the County filed a Chapter 9 Plan of Adjustment (“Plan of Adjustment”) under which the County action and the insurance company actions referenced above would be dismissed with prejudice, and individuals seeking to assert claims on behalf of the County, including the sewer rate payers who previously filed actions described above, would be permanently enjoined from pursuing those claims. In August 2013, the Bankruptcy Court approved the County’s disclosure statement and authorized the County to solicit votes on its Plan of Adjustment. The confirmation hearing in respect of the Plan is scheduled for November 2013. If confirmed, the Plan of Adjustment sets forth various conditions to the occurrence of the effective date, including that the effective date occur before the end of 2013. | |
Option Adjustable Rate Mortgage Litigation. The Firm has reached agreements to settle one purported and three certified class actions, all pending in federal courts in California, which assert that several JPMorgan Chase entities violated the federal Truth in Lending Act and state unfair business practice statutes in failing to provide adequate disclosures in Option Adjustable Rate Mortgage (“ARM”) loans regarding the resetting of introductory interest rates and that negative amortization was certain to occur if a borrower made the minimum monthly payment. Two of the settlements have been preliminarily approved by the court, one of the settlements does not require court approval, and in the remaining action the court denied preliminary approval of a settlement without prejudice, allowing the parties to refile their motion. | |
Petters Bankruptcy and Related Matters. JPMorgan Chase and certain of its affiliates, including One Equity Partners (“OEP”), have been named as defendants in several actions filed in connection with the receivership and bankruptcy proceedings pertaining to Thomas J. Petters and certain affiliated entities (collectively, “Petters”) and the Polaroid Corporation. The principal actions against JPMorgan Chase and its affiliates have been brought by a court-appointed receiver for Petters and the trustees in bankruptcy proceedings for three Petters entities. These actions generally seek to avoid certain purported transfers in connection with (i) the 2005 acquisition by Petters of Polaroid, which at the time was majority-owned by OEP; (ii) two credit facilities that JPMorgan Chase and other financial institutions entered into with Polaroid; and (iii) a credit line and investment accounts held by Petters. The actions collectively seek recovery of approximately $450 million. Defendants have moved to dismiss the complaints in the actions filed by the Petters bankruptcy trustees. | |
Power Matters. The United States Attorney’s Office for the Southern District of New York is investigating matters relating to the bidding activities that were the subject of the July 2013 settlement between J.P. Morgan Ventures Energy Corp. and the Federal Energy Regulatory Commission. The Firm is cooperating with the investigation. | |
Referral Hiring Practices Investigations. The Firm has received subpoenas and requests for documents from the SEC’s Division of Enforcement regarding, among other things, hiring practices relating to candidates referred by clients, potential clients and government officials, the Firm’s employment of certain former employees in Hong Kong, its business relationships with certain related clients in the Asia Pacific region and its engagement of consultants in the Asia Pacific region. The Firm has also received a request for documents from the U.S. Department of Justice regarding the same referral hiring practices. The Firm is cooperating with these investigations. Separate inquiries on these or similar topics have been made by other authorities, including authorities in other jurisdictions, and the Firm is responding to those inquiries. | |
Securities Lending Litigation. JPMorgan Chase Bank, N.A. was named as a defendant in a putative class action pending in the United States District Court for the Southern District of New York brought by participants in the Firm’s securities lending business. The action relates to investments by ERISA clients in Lehman Brothers medium-term notes. The parties reached an agreement to settle the litigation for $23 million, subject to final court approval. The Court granted preliminary approval to the settlement and scheduled a final approval hearing for November 2013. | |
Sworn Documents and Collection Litigation Practices. The Firm has been responding to formal and informal inquiries from various state and federal regulators regarding practices involving credit card collections litigation (including with respect to sworn documents), the sale of consumer credit card debt and securities backed by credit card receivables. The Firm announced in September 2013 that JPMorgan Chase Bank, N.A., Chase Bank USA, N.A. and JPMorgan Bank and Trust Company, N.A. (collectively, the “Banks”) entered into a consent order with the OCC regarding collections litigation processes pursuant to which the Banks agreed to take certain corrective actions. The consent order was issued in connection with the Banks’ past oversight of third parties, operational processes and control functions related to collections litigation practices, the execution and notarization of sworn documents and compliance with Servicemembers Civil Relief Act, and sales of consumer credit card debt in connection with a small percentage of JPMorgan Chase’s credit card, student loan, auto loan, business banking and commercial banking customers who defaulted on their loan or contract. | |
Separately, the CFPB and multiple state Attorneys General are conducting investigations into the Firm’s collection and sale of consumer credit card debt, including, but not limited to, its use of sworn documents in these processes. In May 2013, the California Attorney General filed a civil action in California state court against JPMorgan Chase & Co., Chase Bank USA, N.A. and Chase BankCard Services, Inc. alleging violations of California law relating to the use of sworn documents in various stages of the debt collection process. | |
Washington Mutual Litigations. Proceedings related to Washington Mutual’s failure are pending before the United States District Court for the District of Columbia and include a lawsuit brought by Deutsche Bank National Trust Company, initially against the FDIC, asserting an estimated $6 billion to $10 billion in damages based upon alleged breach of various mortgage securitization agreements and alleged violation of certain representations and warranties given by certain Washington Mutual, Inc. (“WMI”) subsidiaries in connection with those securitization agreements. The case includes assertions that JPMorgan Chase may have assumed liabilities for alleged breaches of representations and warranties in the mortgage securitization agreements. The District Court denied as premature motions by the Firm and the FDIC that sought a ruling on whether the FDIC retained liability for Deutsche Bank’s claims. Discovery is underway. | |
In addition, JPMorgan Chase was sued in an action originally filed in state court in Texas (the “Texas Action”) by certain holders of WMI common stock and debt of WMI and Washington Mutual Bank who seek unspecified damages alleging that JPMorgan Chase acquired substantially all of the assets of Washington Mutual Bank from the FDIC at a price that was allegedly too low. The Texas Action was transferred to the United States District Court for the District of Columbia, which ultimately granted JPMorgan Chase’s and the FDIC’s motions to dismiss the complaint, but the United States Court of Appeals for the District of Columbia Circuit reversed the District Court’s dismissal and remanded the case for further proceedings. Plaintiffs, who sue now only as holders of Washington Mutual Bank debt following their voluntary dismissal of claims brought as holders of WMI common stock and debt, have filed an amended complaint alleging that JPMorgan Chase caused the closure of Washington Mutual Bank and damaged them by causing their bonds issued by Washington Mutual Bank, which had a total face value of $38 million, to lose substantially all of their value. JPMorgan Chase and the FDIC moved to dismiss this action and the District Court dismissed the case except as to the plaintiffs’ claim that the Firm tortiously interfered with the plaintiffs’ bond contracts with Washington Mutual Bank prior to its closure. Discovery is ongoing. | |
* * * | |
In addition to the various legal proceedings discussed above, JPMorgan Chase and its subsidiaries are named as defendants or are otherwise involved in a substantial number of other legal proceedings. The Firm believes it has meritorious defenses to the claims asserted against it in its currently outstanding legal proceedings and it intends to defend itself vigorously in all such matters. Additional legal proceedings may be initiated from time to time in the future. | |
The Firm has established reserves for several hundred of its currently outstanding legal proceedings. The Firm accrues for potential liability arising from such proceedings when it is probable that such liability has been incurred and the amount of the loss can be reasonably estimated. The Firm evaluates its outstanding legal proceedings each quarter to assess its litigation reserves, and makes adjustments in such reserves, upwards or downwards, as appropriate, based on management’s best judgment after consultation with counsel. The Firm incurred legal expense of $9.3 billion and $790 million during the three months ended September 30, 2013 and 2012, respectively, and $10.3 billion and $3.8 billion during the nine months ended September 30, 2013 and 2012, respectively. There is no assurance that the Firm’s litigation reserves will not need to be adjusted in the future. | |
In view of the inherent difficulty of predicting the outcome of legal proceedings, particularly where the claimants seek very large or indeterminate damages, or where the matters present novel legal theories, involve a large number of parties or are in early stages of discovery, the Firm cannot state with confidence what will be the eventual outcomes of the currently pending matters, the timing of their ultimate resolution or the eventual losses, fines, penalties or impact related to those matters. JPMorgan Chase believes, based upon its current knowledge, after consultation with counsel and after taking into account its current litigation reserves, that the legal proceedings currently pending against it should not have a material adverse effect on the Firm’s consolidated financial condition. The Firm notes, however, that in light of the uncertainties involved in such proceedings, there is no assurance the ultimate resolution of these matters will not significantly exceed the reserves it has currently accrued; as a result, the outcome of a particular matter may be material to JPMorgan Chase’s operating results for a particular period, depending on, among other factors, the size of the loss or liability imposed and the level of JPMorgan Chase’s income for that period. |
Business_Segments
Business Segments | 9 Months Ended | |||||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||||
Segment Reporting [Abstract] | ' | |||||||||||||||||||||||||||
BUSINESS SEGMENTS | ' | |||||||||||||||||||||||||||
Business segments | ||||||||||||||||||||||||||||
The Firm is managed on a line of business basis. The business segment financial results presented reflect the current organization of JPMorgan Chase. There are four major reportable business segments – Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. In addition, there is a Corporate/Private Equity segment. The business segments are determined based on the products and services provided, or the type of customer served, and they reflect the manner in which financial information is currently evaluated by management. Results of these lines of business are presented on a managed basis. For a further discussion concerning JPMorgan Chase’s business segments, see Business Segment Results on pages 19–20 of this Form 10-Q, and pages 78–79 and Note 33 on pages 326–329 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||
Segment results and reconciliation(a) | ||||||||||||||||||||||||||||
As of or for the three months ended September 30, | Consumer & Community Banking(b) | Corporate & Investment Bank | Commercial Banking | Asset Management | ||||||||||||||||||||||||
(in millions, except ratios) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||
Noninterest revenue | $ | 3,961 | $ | 5,425 | $ | 5,703 | $ | 5,572 | $ | 588 | $ | 586 | $ | 2,185 | $ | 1,907 | ||||||||||||
Net interest income | 7,121 | 7,295 | 2,486 | 2,788 | 1,137 | 1,146 | 578 | 552 | ||||||||||||||||||||
Total net revenue | 11,082 | 12,720 | 8,189 | 8,360 | 1,725 | 1,732 | 2,763 | 2,459 | ||||||||||||||||||||
Provision for credit losses | (267 | ) | 1,862 | (218 | ) | (60 | ) | (41 | ) | (16 | ) | — | 14 | |||||||||||||||
Noninterest expense | 6,867 | 6,956 | 4,999 | 5,350 | 661 | 601 | 2,003 | 1,731 | ||||||||||||||||||||
Income/(loss) before | 4,482 | 3,902 | 3,408 | 3,070 | 1,105 | 1,147 | 760 | 714 | ||||||||||||||||||||
income tax expense/(benefit) | ||||||||||||||||||||||||||||
Income tax expense/(benefit) | 1,780 | 1,547 | 1,168 | 1,078 | 440 | 457 | 284 | 271 | ||||||||||||||||||||
Net income/(loss) | $ | 2,702 | $ | 2,355 | $ | 2,240 | $ | 1,992 | $ | 665 | $ | 690 | $ | 476 | $ | 443 | ||||||||||||
Average common equity | $ | 46,000 | $ | 43,000 | $ | 56,500 | $ | 47,500 | $ | 13,500 | $ | 9,500 | $ | 9,000 | $ | 7,000 | ||||||||||||
Total assets | 451,166 | 463,602 | 867,474 | 904,090 | 192,194 | 168,124 | 117,475 | 103,608 | ||||||||||||||||||||
Return on average common equity | 23 | % | 22 | % | 16 | % | 17 | % | 20 | % | 29 | % | 21 | % | 25 | % | ||||||||||||
Overhead ratio | 62 | 55 | 61 | 64 | 38 | 35 | 72 | 70 | ||||||||||||||||||||
As of or for the three months ended September 30, | Corporate/Private Equity(b) | Reconciling Items(c) | Total | |||||||||||||||||||||||||
(in millions, except ratios) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||
Noninterest revenue | $ | 487 | $ | 1,197 | $ | (582 | ) | $ | (517 | ) | $ | 12,342 | $ | 14,170 | ||||||||||||||
Net interest income | (366 | ) | (605 | ) | (181 | ) | (200 | ) | 10,775 | 10,976 | ||||||||||||||||||
Total net revenue | 121 | 592 | (763 | ) | (717 | ) | 23,117 | 25,146 | ||||||||||||||||||||
Provision for credit losses | (17 | ) | (11 | ) | — | — | (543 | ) | 1,789 | |||||||||||||||||||
Noninterest expense | 9,096 | 733 | — | — | 23,626 | 15,371 | ||||||||||||||||||||||
Income/(loss) before income tax expense/(benefit) | (8,958 | ) | (130 | ) | (763 | ) | (717 | ) | 34 | 7,986 | ||||||||||||||||||
Income tax expense/(benefit) | (2,495 | ) | (358 | ) | (763 | ) | (717 | ) | 414 | 2,278 | ||||||||||||||||||
Net income/(loss) | $ | (6,463 | ) | $ | 228 | $ | — | $ | — | $ | (380 | ) | $ | 5,708 | ||||||||||||||
Average common equity | $ | 72,232 | $ | 79,590 | $ | — | $ | — | $ | 197,232 | $ | 186,590 | ||||||||||||||||
Total assets | 835,000 | 681,860 | NA | NA | 2,463,309 | 2,321,284 | ||||||||||||||||||||||
Return on average common equity | NM | NM | NM | NM | (1 | )% | 12 | % | ||||||||||||||||||||
Overhead ratio | NM | NM | NM | NM | 102 | 61 | ||||||||||||||||||||||
Segment results | ||||||||||||||||||||||||||||
The accompanying tables provide a summary of the Firm’s segment results for the three and nine months ended September 30, 2013 and 2012, on a managed basis. Total net revenue (noninterest revenue and net interest income) for each of the segments is presented on a fully taxable-equivalent (“FTE”) basis. Accordingly, revenue from investments that receive tax credits and tax-exempt securities is presented in the managed results on a basis comparable to taxable investments and securities. This non-GAAP financial measure allows management to assess the comparability of revenue arising from both taxable and tax-exempt sources. The corresponding income tax impact related to tax-exempt items is recorded within income tax expense/(benefit). | ||||||||||||||||||||||||||||
Effective January 1, 2013, the Firm further refined the capital allocation framework to align it with the revised line of business structure that became effective in the fourth quarter of 2012. The increase in equity levels for the lines of businesses is largely driven by regulatory guidance on Basel III requirements, principally for CIB and CIO, and by anticipated business growth. | ||||||||||||||||||||||||||||
Segment results and reconciliation(a) | ||||||||||||||||||||||||||||
As of or for the nine months ended September 30, | Consumer & Community Banking(b) | Corporate & Investment Bank | Commercial Banking | Asset Management | ||||||||||||||||||||||||
(in millions, except ratios) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||
Noninterest revenue | $ | 13,288 | $ | 15,700 | $ | 20,231 | $ | 18,321 | $ | 1,674 | $ | 1,705 | $ | 6,435 | $ | 5,646 | ||||||||||||
Net interest income | 21,424 | 21,822 | 7,974 | 8,363 | 3,452 | 3,375 | 1,706 | 1,547 | ||||||||||||||||||||
Total net revenue | 34,712 | 37,522 | 28,205 | 26,684 | 5,126 | 5,080 | 8,141 | 7,193 | ||||||||||||||||||||
Provision for credit losses | 263 | 2,683 | (213 | ) | (34 | ) | 42 | 44 | 44 | 67 | ||||||||||||||||||
Noninterest expense | 20,521 | 20,838 | 16,852 | 16,854 | 1,957 | 1,790 | 5,771 | 5,161 | ||||||||||||||||||||
Income/(loss) before | 13,928 | 14,001 | 11,566 | 9,864 | 3,127 | 3,246 | 2,326 | 1,965 | ||||||||||||||||||||
income tax expense/(benefit) | ||||||||||||||||||||||||||||
Income tax expense/(benefit) | 5,551 | 5,439 | 3,878 | 3,463 | 1,245 | 1,292 | 863 | 745 | ||||||||||||||||||||
Net income/(loss) | $ | 8,377 | $ | 8,562 | $ | 7,688 | $ | 6,401 | $ | 1,882 | $ | 1,954 | $ | 1,463 | $ | 1,220 | ||||||||||||
Average common equity | $ | 46,000 | $ | 43,000 | $ | 56,500 | $ | 47,500 | $ | 13,500 | $ | 9,500 | $ | 9,000 | $ | 7,000 | ||||||||||||
Total assets | 451,166 | 463,602 | 867,474 | 904,090 | 192,194 | 168,124 | 117,475 | 103,608 | ||||||||||||||||||||
Return on average common equity | 24 | % | 27 | % | 18 | % | 18 | % | 19 | % | 27 | % | 22 | % | 23 | % | ||||||||||||
Overhead ratio | 59 | 56 | 60 | 63 | 38 | 35 | 71 | 72 | ||||||||||||||||||||
As of or for the nine months ended September 30, | Corporate/Private Equity(b) | Reconciling Items(c) | Total | |||||||||||||||||||||||||
(in millions, except ratios) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||
Noninterest revenue | $ | 1,138 | $ | (214 | ) | $ | (1,728 | ) | $ | (1,568 | ) | $ | 41,038 | $ | 39,590 | |||||||||||||
Net interest income | (1,636 | ) | (753 | ) | (508 | ) | (566 | ) | 32,412 | 33,788 | ||||||||||||||||||
Total net revenue | (498 | ) | (967 | ) | (2,236 | ) | (2,134 | ) | 73,450 | 73,378 | ||||||||||||||||||
Provision for credit losses | (15 | ) | (31 | ) | — | — | 121 | 2,729 | ||||||||||||||||||||
Noninterest expense | 9,814 | 4,039 | — | — | 54,915 | 48,682 | ||||||||||||||||||||||
Income/(loss) before income tax expense/(benefit) | (10,297 | ) | (4,975 | ) | (2,236 | ) | (2,134 | ) | 18,414 | 21,967 | ||||||||||||||||||
Income tax expense/(benefit) | (3,532 | ) | (2,430 | ) | (2,236 | ) | (2,134 | ) | 5,769 | 6,375 | ||||||||||||||||||
Net income/(loss) | $ | (6,765 | ) | $ | (2,545 | ) | $ | — | $ | — | $ | 12,645 | $ | 15,592 | ||||||||||||||
Average common equity | $ | 71,425 | $ | 74,791 | $ | — | $ | — | $ | 196,425 | $ | 181,791 | ||||||||||||||||
Total assets | 835,000 | 681,860 | NA | NA | 2,463,309 | 2,321,284 | ||||||||||||||||||||||
Return on average common equity | NM | NM | NM | NM | 8 | % | 11 | % | ||||||||||||||||||||
Overhead ratio | NM | NM | NM | NM | 75 | 66 | ||||||||||||||||||||||
(a) | Managed basis starts with the reported U.S. GAAP results and includes certain reclassifications as discussed below that do not have any impact on net income as reported by the lines of business or by the Firm as a whole. | |||||||||||||||||||||||||||
(b) | In the second quarter of 2013, the 2012 data for certain income statement and balance sheet line items were revised to reflect the transfer of certain functions and staff from Corporate/Private Equity to CCB, effective January 1, 2013. | |||||||||||||||||||||||||||
(c) | Segment managed results reflect revenue on a FTE basis with the corresponding income tax impact recorded within income tax expense/(benefit). These FTE adjustments are eliminated in reconciling items to arrive at the Firm’s reported U.S. GAAP results. |
Basis_of_Presentation_Policies
Basis of Presentation (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Basis of Presentation [Abstract] | ' |
Basis Of Presentation Policies | ' |
The accounting and financial reporting policies of JPMorgan Chase and its subsidiaries conform to accounting principles generally accepted in the U.S. (“U.S. GAAP”). Additionally, where applicable, the policies conform to the accounting and reporting guidelines prescribed by regulatory authorities. | |
Use of Estimates, Policy | ' |
The unaudited consolidated financial statements prepared in conformity with U.S. GAAP require management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expense, and the disclosures of contingent assets and liabilities. Actual results could be different from these estimates. In the opinion of management, all normal, recurring adjustments have been included for a fair statement of this interim financial information. | |
Reclassifications | ' |
Certain amounts reported in prior periods have been reclassified to conform with the current presentation. | |
Balance Sheet Offsetting, Policy | ' |
U.S. GAAP permits entities to present derivative receivables and derivative payables with the same counterparty and the related cash collateral receivables and payables on a net basis on the balance sheet when a legally enforceable master netting agreement exists. U.S. GAAP also permits securities sold and purchased under repurchase agreements to be presented net when specified conditions are met, including the existence of a legally enforceable master netting agreement. The Firm has elected to net such balances when the specified conditions are met. |
Noninterest_Revenue_Policies
Noninterest Revenue (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Noninterest Revenue Policy [Abstract] | ' |
Revenue Recognition, Policy [Policy Text Block] | ' |
Principal transactions revenue also includes certain realized and unrealized gains and losses related to hedge accounting and specified risk management activities disclosed separately in Note 5, including: (a) certain derivatives designated in qualifying hedge accounting relationships (primarily fair value hedges of commodity and foreign exchange risk), (b) certain derivatives used for specific risk management purposes, primarily to mitigate credit risk, foreign exchange risk and commodity risk, and (c) other derivatives, including the synthetic credit portfolio. See Note 5 on pages 133–144 of this Form 10-Q for information on the income statement classification of gains and losses on derivatives. | |
Principal transactions revenue also includes revenue associated with market-making and client-driven activities that involve physical commodities. The Firm, through its Global Commodities Group within CIB (“Commodities Group”) generally provides risk management, investment and financing solutions to clients globally both through financial derivatives transactions, as well as through physical commodities transactions. On the financial side, the Commodities Group engages in OTC derivatives transactions (e.g., swaps, forwards, options) and exchange-traded derivatives referencing various types of commodities (see below and Note 5 – Derivative instruments for further information). On the physical side, the Commodities Group engages in the purchase, sale, transport, and storage of power, gas, liquefied natural gas, coal, crude oil, refined products, precious and base metals among others. Realized gains and losses and unrealized losses arising from market-making and client-driven activities involving physical commodities inventories that are generally carried at the lower of cost or market (market approximates fair value), subject to any applicable fair value hedge accounting adjustments, are recorded in principal transactions revenue. Fees relating to storage and transportation are recorded in other income. These fees are generally recognized over the arrangement period. Expenses relating to such activities are recorded in other expense (see Note 10 on page 148 of this Form 10-Q for further information). |
Securities_Policies
Securities (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Securities [Abstract] | ' |
Marketable Securities, Available-for-sale Securities, Policy | ' |
Securities are classified as AFS, held-to-maturity (“HTM”) or trading. |
Variable_Interest_Entities_Pol
Variable Interest Entities (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Variable Interest Entities [Abstract] | ' |
Transfers and Servicing of Financial Assets, Policy | ' |
Note 21 on pages 195–199 of this Form 10-Q, the Firm also has the option to repurchase delinquent loans that it services for Ginnie Mae loan pools, as well as for other U.S. government agencies under certain arrangements. The Firm may elect to repurchase delinquent loans from Ginnie Mae loan pools as it continues to service them and/or manage the foreclosure process in accordance with the applicable requirements, and such loans continue to be insured or guaranteed. When the Firm’s repurchase option becomes exercisable, such loans must be reported on the Consolidated Balance Sheets as a loan with a corresponding liability. |
Goodwill_and_Other_Intangible_1
Goodwill and Other Intangible Assets (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Goodwill and Intangible Assets Disclosure [Abstract] | ' |
Goodwill and Intangible Assets, Goodwill, Policy | ' |
The goodwill impairment test is based upon a comparison between the carrying value and fair value of a reporting unit. The Firm uses the reporting units’ allocated equity plus goodwill capital as a proxy for the carrying amounts of equity for the reporting units in the goodwill impairment testing. Reporting unit equity is determined on a basis similar to that used for the allocation of equity to the Firm’s lines of business, which primarily considers stand-alone peer comparisons and regulatory capital requirements (as estimated under Basel III), although economic risk capital is also considered. Proposed line of business equity levels are incorporated into the Firm’s annual budget process, which is reviewed by the Firm’s Board of Directors. Allocated equity is further reviewed on a periodic basis and updated as needed. | |
Mortgage Servicing Rights, Policy | ' |
Mortgage servicing rights represent the fair value of expected future cash flows for performing servicing activities for others. The fair value considers estimated future servicing fees and ancillary revenue, offset by estimated costs to service the loans, and generally declines over time as net servicing cash flows are received, effectively amortizing the MSR asset against contractual servicing and ancillary fee income. MSRs are either purchased from third parties or recognized upon sale or securitization of mortgage loans if servicing is retained. |
Fair_Value_Measurement_Tables
Fair Value Measurement (Tables) | 9 Months Ended | |||||||||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||||||||
Fair Value Disclosures [Abstract] | ' | |||||||||||||||||||||||||||||||
Assets and liabilities measured at fair value on a recurring basis | ' | |||||||||||||||||||||||||||||||
The following table presents the asset and liabilities reported at fair value as of September 30, 2013, and December 31, 2012, by major product category and fair value hierarchy. | ||||||||||||||||||||||||||||||||
Assets and liabilities measured at fair value on a recurring basis | ||||||||||||||||||||||||||||||||
Fair value hierarchy | Netting adjustments | |||||||||||||||||||||||||||||||
September 30, 2013 (in millions) | Level 1 | Level 2 | Level 3 | Total fair value | ||||||||||||||||||||||||||||
Federal funds sold and securities purchased under resale agreements | $ | — | $ | 25,703 | $ | — | $ | — | $ | 25,703 | ||||||||||||||||||||||
Securities borrowed | — | 5,453 | — | — | 5,453 | |||||||||||||||||||||||||||
Trading assets: | ||||||||||||||||||||||||||||||||
Debt instruments: | ||||||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||||||
U.S. government agencies(a) | — | 24,210 | 881 | — | 25,091 | |||||||||||||||||||||||||||
Residential – nonagency | — | 1,800 | 613 | — | 2,413 | |||||||||||||||||||||||||||
Commercial – nonagency | — | 997 | 314 | — | 1,311 | |||||||||||||||||||||||||||
Total mortgage-backed securities | — | 27,007 | 1,808 | — | 28,815 | |||||||||||||||||||||||||||
U.S. Treasury and government agencies(a) | 22,877 | 11,919 | — | — | 34,796 | |||||||||||||||||||||||||||
Obligations of U.S. states and municipalities | — | 7,691 | 1,600 | — | 9,291 | |||||||||||||||||||||||||||
Certificates of deposit, bankers’ acceptances and commercial paper | — | 3,097 | — | — | 3,097 | |||||||||||||||||||||||||||
Non-U.S. government debt securities | 28,703 | 22,990 | 79 | — | 51,772 | |||||||||||||||||||||||||||
Corporate debt securities | — | 25,643 | 4,877 | — | 30,520 | |||||||||||||||||||||||||||
Loans(b) | — | 22,973 | 11,991 | — | 34,964 | |||||||||||||||||||||||||||
Asset-backed securities | — | 4,307 | 1,142 | — | 5,449 | |||||||||||||||||||||||||||
Total debt instruments | 51,580 | 125,627 | 21,497 | — | 198,704 | |||||||||||||||||||||||||||
Equity securities | 99,878 | 1,252 | 1,016 | — | 102,146 | |||||||||||||||||||||||||||
Physical commodities(c) | 4,993 | 5,293 | 8 | — | 10,294 | |||||||||||||||||||||||||||
Other | — | 3,955 | 1,461 | — | 5,416 | |||||||||||||||||||||||||||
Total debt and equity instruments(d) | 156,451 | 136,127 | 23,982 | — | 316,560 | |||||||||||||||||||||||||||
Derivative receivables: | ||||||||||||||||||||||||||||||||
Interest rate | 1,415 | 925,457 | 5,550 | (903,076 | ) | 29,346 | ||||||||||||||||||||||||||
Credit | — | 82,301 | 3,574 | (83,773 | ) | 2,102 | ||||||||||||||||||||||||||
Foreign exchange | 508 | 165,870 | 2,007 | (154,880 | ) | 13,505 | ||||||||||||||||||||||||||
Equity | — | 48,364 | 6,628 | (42,041 | ) | 12,951 | ||||||||||||||||||||||||||
Commodity | 320 | 38,317 | 791 | (30,544 | ) | 8,884 | ||||||||||||||||||||||||||
Total derivative receivables(e) | 2,243 | 1,260,309 | 18,550 | (1,214,314 | ) | 66,788 | ||||||||||||||||||||||||||
Total trading assets | 158,694 | 1,396,436 | 42,532 | (1,214,314 | ) | 383,348 | ||||||||||||||||||||||||||
Available-for-sale securities: | ||||||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||||||
U.S. government agencies(a) | — | 95,238 | — | — | 95,238 | |||||||||||||||||||||||||||
Residential – nonagency | — | 64,705 | 716 | — | 65,421 | |||||||||||||||||||||||||||
Commercial – nonagency | — | 14,363 | 310 | — | 14,673 | |||||||||||||||||||||||||||
Total mortgage-backed securities | — | 174,306 | 1,026 | — | 175,332 | |||||||||||||||||||||||||||
U.S. Treasury and government agencies(a) | 22,162 | 594 | — | — | 22,756 | |||||||||||||||||||||||||||
Obligations of U.S. states and municipalities | 68 | 27,998 | 187 | — | 28,253 | |||||||||||||||||||||||||||
Certificates of deposit | — | 947 | — | — | 947 | |||||||||||||||||||||||||||
Non-U.S. government debt securities | 27,080 | 28,666 | — | — | 55,746 | |||||||||||||||||||||||||||
Corporate debt securities | — | 25,196 | — | — | 25,196 | |||||||||||||||||||||||||||
Asset-backed securities: | ||||||||||||||||||||||||||||||||
Collateralized loan obligations | — | 28,023 | 969 | — | 28,992 | |||||||||||||||||||||||||||
Other | — | 11,620 | 324 | — | 11,944 | |||||||||||||||||||||||||||
Equity securities | 2,874 | — | — | — | 2,874 | |||||||||||||||||||||||||||
Total available-for-sale securities | 52,184 | 297,350 | 2,506 | — | 352,040 | |||||||||||||||||||||||||||
Loans | — | 80 | 2,005 | — | 2,085 | |||||||||||||||||||||||||||
Mortgage servicing rights | — | — | 9,490 | — | 9,490 | |||||||||||||||||||||||||||
Other assets: | ||||||||||||||||||||||||||||||||
Private equity investments(f) | 538 | — | 7,818 | — | 8,356 | |||||||||||||||||||||||||||
All other | 4,122 | 415 | 3,548 | — | 8,085 | |||||||||||||||||||||||||||
Total other assets | 4,660 | 415 | 11,366 | — | 16,441 | |||||||||||||||||||||||||||
Total assets measured at fair value on a recurring basis | $ | 215,538 | $ | 1,725,437 | (g) | $ | 67,899 | (g) | $ | (1,214,314 | ) | $ | 794,560 | |||||||||||||||||||
Deposits | $ | — | $ | 4,582 | $ | 2,200 | $ | — | $ | 6,782 | ||||||||||||||||||||||
Federal funds purchased and securities loaned or sold under repurchase agreements | — | 5,983 | — | — | 5,983 | |||||||||||||||||||||||||||
Other borrowed funds | — | 10,254 | 2,349 | — | 12,603 | |||||||||||||||||||||||||||
Trading liabilities: | ||||||||||||||||||||||||||||||||
Debt and equity instruments(d) | 65,932 | 21,306 | 96 | — | 87,334 | |||||||||||||||||||||||||||
Derivative payables: | ||||||||||||||||||||||||||||||||
Interest rate | 1,978 | 894,827 | 2,875 | (883,287 | ) | 16,393 | ||||||||||||||||||||||||||
Credit | — | 81,435 | 3,077 | (81,979 | ) | 2,533 | ||||||||||||||||||||||||||
Foreign exchange | 492 | 180,254 | 3,212 | (167,089 | ) | 16,869 | ||||||||||||||||||||||||||
Equity | — | 50,333 | 8,566 | (43,088 | ) | 15,811 | ||||||||||||||||||||||||||
Commodity | 482 | 39,488 | 844 | (31,635 | ) | 9,179 | ||||||||||||||||||||||||||
Total derivative payables(e) | 2,952 | 1,246,337 | 18,574 | (1,207,078 | ) | 60,785 | ||||||||||||||||||||||||||
Total trading liabilities | 68,884 | 1,267,643 | 18,670 | (1,207,078 | ) | 148,119 | ||||||||||||||||||||||||||
Accounts payable and other liabilities | — | — | 29 | — | 29 | |||||||||||||||||||||||||||
Beneficial interests issued by consolidated VIEs | — | 776 | 1,046 | — | 1,822 | |||||||||||||||||||||||||||
Long-term debt | — | 19,951 | 9,812 | — | 29,763 | |||||||||||||||||||||||||||
Total liabilities measured at fair value on a recurring basis | $ | 68,884 | $ | 1,309,189 | $ | 34,106 | $ | (1,207,078 | ) | $ | 205,101 | |||||||||||||||||||||
Fair value hierarchy | Netting adjustments | |||||||||||||||||||||||||||||||
December 31, 2012 (in millions) | Level 1 | Level 2 | Level 3 | Total fair value | ||||||||||||||||||||||||||||
Federal funds sold and securities purchased under resale agreements | $ | — | $ | 24,258 | $ | — | $ | — | $ | 24,258 | ||||||||||||||||||||||
Securities borrowed | — | 10,177 | — | — | 10,177 | |||||||||||||||||||||||||||
Trading assets: | ||||||||||||||||||||||||||||||||
Debt instruments: | ||||||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||||||
U.S. government agencies(a) | — | 36,240 | 498 | — | 36,738 | |||||||||||||||||||||||||||
Residential – nonagency | — | 1,509 | 663 | — | 2,172 | |||||||||||||||||||||||||||
Commercial – nonagency | — | 1,565 | 1,207 | — | 2,772 | |||||||||||||||||||||||||||
Total mortgage-backed securities | — | 39,314 | 2,368 | — | 41,682 | |||||||||||||||||||||||||||
U.S. Treasury and government agencies(a)(h) | 15,170 | 7,255 | — | — | 22,425 | |||||||||||||||||||||||||||
Obligations of U.S. states and municipalities | — | 16,726 | 1,436 | — | 18,162 | |||||||||||||||||||||||||||
Certificates of deposit, bankers’ acceptances and commercial paper | — | 4,759 | — | — | 4,759 | |||||||||||||||||||||||||||
Non-U.S. government debt securities(h) | 26,095 | 44,028 | 67 | — | 70,190 | |||||||||||||||||||||||||||
Corporate debt securities(h) | — | 31,882 | 5,308 | — | 37,190 | |||||||||||||||||||||||||||
Loans(b) | — | 30,754 | 10,787 | — | 41,541 | |||||||||||||||||||||||||||
Asset-backed securities | — | 4,182 | 3,696 | — | 7,878 | |||||||||||||||||||||||||||
Total debt instruments | 41,265 | 178,900 | 23,662 | — | 243,827 | |||||||||||||||||||||||||||
Equity securities | 106,898 | 2,687 | 1,114 | — | 110,699 | |||||||||||||||||||||||||||
Physical commodities(c) | 10,107 | 6,066 | — | — | 16,173 | |||||||||||||||||||||||||||
Other | — | 3,483 | 863 | — | 4,346 | |||||||||||||||||||||||||||
Total debt and equity instruments(d) | 158,270 | 191,136 | 25,639 | — | 375,045 | |||||||||||||||||||||||||||
Derivative receivables: | ||||||||||||||||||||||||||||||||
Interest rate(h) | 476 | 1,295,474 | 6,617 | (1,263,362 | ) | 39,205 | ||||||||||||||||||||||||||
Credit | — | 93,821 | 6,489 | (98,575 | ) | 1,735 | ||||||||||||||||||||||||||
Foreign exchange(h) | 450 | 171,439 | 3,051 | (160,798 | ) | 14,142 | ||||||||||||||||||||||||||
Equity(h) | — | 37,741 | 4,921 | (33,396 | ) | 9,266 | ||||||||||||||||||||||||||
Commodity(h) | 316 | 42,331 | 1,155 | (33,167 | ) | 10,635 | ||||||||||||||||||||||||||
Total derivative receivables(e) | 1,242 | 1,640,806 | 22,233 | (1,589,298 | ) | 74,983 | ||||||||||||||||||||||||||
Total trading assets | 159,512 | 1,831,942 | 47,872 | (1,589,298 | ) | 450,028 | ||||||||||||||||||||||||||
Available-for-sale securities: | ||||||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||||||
U.S. government agencies(a) | — | 98,388 | — | — | 98,388 | |||||||||||||||||||||||||||
Residential – nonagency | — | 74,189 | 450 | — | 74,639 | |||||||||||||||||||||||||||
Commercial – nonagency | — | 12,948 | 255 | — | 13,203 | |||||||||||||||||||||||||||
Total mortgage-backed securities | — | 185,525 | 705 | — | 186,230 | |||||||||||||||||||||||||||
U.S. Treasury and government agencies(a)(h) | 11,089 | 1,041 | — | — | 12,130 | |||||||||||||||||||||||||||
Obligations of U.S. states and municipalities | 35 | 21,489 | 187 | — | 21,711 | |||||||||||||||||||||||||||
Certificates of deposit | — | 2,783 | — | — | 2,783 | |||||||||||||||||||||||||||
Non-U.S. government debt securities(h) | 29,556 | 36,488 | — | — | 66,044 | |||||||||||||||||||||||||||
Corporate debt securities | — | 38,609 | — | — | 38,609 | |||||||||||||||||||||||||||
Asset-backed securities: | ||||||||||||||||||||||||||||||||
Collateralized loan obligations | — | — | 27,896 | — | 27,896 | |||||||||||||||||||||||||||
Other | — | 12,843 | 128 | — | 12,971 | |||||||||||||||||||||||||||
Equity securities | 2,733 | 38 | — | — | 2,771 | |||||||||||||||||||||||||||
Total available-for-sale securities | 43,413 | 298,816 | 28,916 | — | 371,145 | |||||||||||||||||||||||||||
Loans | — | 273 | 2,282 | — | 2,555 | |||||||||||||||||||||||||||
Mortgage servicing rights | — | — | 7,614 | — | 7,614 | |||||||||||||||||||||||||||
Other assets: | ||||||||||||||||||||||||||||||||
Private equity investments(f) | 578 | — | 7,181 | — | 7,759 | |||||||||||||||||||||||||||
All other | 4,188 | 253 | 4,258 | — | 8,699 | |||||||||||||||||||||||||||
Total other assets | 4,766 | 253 | 11,439 | — | 16,458 | |||||||||||||||||||||||||||
Total assets measured at fair value on a recurring basis | $ | 207,691 | $ | 2,165,719 | (g) | $ | 98,123 | (g) | $ | (1,589,298 | ) | $ | 882,235 | |||||||||||||||||||
Deposits | $ | — | $ | 3,750 | $ | 1,983 | $ | — | $ | 5,733 | ||||||||||||||||||||||
Federal funds purchased and securities loaned or sold under repurchase agreements | — | 4,388 | — | — | 4,388 | |||||||||||||||||||||||||||
Other borrowed funds | — | 9,972 | 1,619 | — | 11,591 | |||||||||||||||||||||||||||
Trading liabilities: | ||||||||||||||||||||||||||||||||
Debt and equity instruments(d)(h) | 47,469 | 13,588 | 205 | — | 61,262 | |||||||||||||||||||||||||||
Derivative payables: | ||||||||||||||||||||||||||||||||
Interest rate(h) | 490 | 1,256,934 | 3,295 | (1,235,813 | ) | 24,906 | ||||||||||||||||||||||||||
Credit | — | 95,411 | 4,616 | (97,523 | ) | 2,504 | ||||||||||||||||||||||||||
Foreign exchange(h) | 428 | 183,308 | 4,801 | (169,936 | ) | 18,601 | ||||||||||||||||||||||||||
Equity(h) | — | 37,807 | 6,727 | (32,715 | ) | 11,819 | ||||||||||||||||||||||||||
Commodity(h) | 176 | 46,565 | 901 | (34,816 | ) | 12,826 | ||||||||||||||||||||||||||
Total derivative payables(e) | 1,094 | 1,620,025 | 20,340 | (1,570,803 | ) | 70,656 | ||||||||||||||||||||||||||
Total trading liabilities | 48,563 | 1,633,613 | 20,545 | (1,570,803 | ) | 131,918 | ||||||||||||||||||||||||||
Accounts payable and other liabilities | — | — | 36 | — | 36 | |||||||||||||||||||||||||||
Beneficial interests issued by consolidated VIEs | — | 245 | 925 | — | 1,170 | |||||||||||||||||||||||||||
Long-term debt | — | 22,312 | 8,476 | — | 30,788 | |||||||||||||||||||||||||||
Total liabilities measured at fair value on a recurring basis | $ | 48,563 | $ | 1,674,280 | $ | 33,584 | $ | (1,570,803 | ) | $ | 185,624 | |||||||||||||||||||||
(a) | At September 30, 2013, and December 31, 2012, included total U.S. government-sponsored enterprise obligations of $106.2 billion and $119.4 billion, respectively, which were predominantly mortgage-related. | |||||||||||||||||||||||||||||||
(b) | At September 30, 2013, and December 31, 2012, included within trading loans were $18.1 billion and $26.4 billion, respectively, of residential first-lien mortgages, and $3.0 billion and $2.2 billion, respectively, of commercial first-lien mortgages. Residential mortgage loans include conforming mortgage loans originated with the intent to sell to U.S. government agencies of $9.3 billion and $17.4 billion, respectively, and reverse mortgages of $3.6 billion and $4.0 billion, respectively. | |||||||||||||||||||||||||||||||
(c) | Physical commodities inventories are generally accounted for at the lower of cost or market. “Market” is a term defined in U.S. GAAP as not exceeding fair value less costs to sell (“transaction costs”). Transaction costs for the Firm’s physical commodities inventories are either not applicable or immaterial to the value of the inventory. Therefore, market approximates fair value for the Firm’s physical commodities inventories. When fair value hedging has been applied (or when market is below cost), the carrying value of physical commodities approximates fair value, because under fair value hedge accounting, the cost basis is adjusted for changes in fair value. For a further discussion of the Firm’s hedge accounting relationships, see Note 5 on pages 133–144 of this Form 10-Q. To provide consistent fair value disclosure information, all physical commodities inventories have been included in each period presented. | |||||||||||||||||||||||||||||||
(d) | Balances reflect the reduction of securities owned (long positions) by the amount of securities sold but not yet purchased (short positions) when the long and short positions have identical Committee on Uniform Security Identification Procedures numbers (“CUSIPs”). | |||||||||||||||||||||||||||||||
(e) | As permitted under U.S. GAAP, the Firm has elected to net derivative receivables and derivative payables and the related cash collateral received and paid when a legally enforceable master netting agreement exists. For purposes of the tables above, the Firm does not reduce derivative receivables and derivative payables balances for this netting adjustment, either within or across the levels of the fair value hierarchy, as such netting is not relevant to a presentation based on the transparency of inputs to the valuation of an asset or liability. Therefore, the balances reported in the fair value hierarchy table are gross of any counterparty netting adjustments. However, if the Firm were to net such balances within level 3, the reduction in the level 3 derivative receivables and payables balances would be $7.4 billion and $7.4 billion at September 30, 2013, and December 31, 2012, respectively; this is exclusive of the netting benefit associated with cash collateral, which would further reduce the level 3 balances. | |||||||||||||||||||||||||||||||
(f) | Private equity instruments represent investments within the Corporate/Private Equity line of business. The cost basis of the private equity investment portfolio totaled $8.8 billion and $8.4 billion at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||||||||
(g) | Includes investments in hedge funds, private equity funds, real estate and other funds that do not have readily determinable fair values. The Firm uses net asset value per share when measuring the fair value of these investments. At September 30, 2013, and December 31, 2012, the fair values of these investments were $3.7 billion and $4.9 billion, respectively, of which $1.0 billion and $1.1 billion, respectively were classified in level 2, and $2.7 billion and $3.8 billion, respectively, in level 3. | |||||||||||||||||||||||||||||||
(h) | The prior period amounts have been revised. This revision had no impact on the Firm’s Consolidated Balance Sheets or its results of operations. | |||||||||||||||||||||||||||||||
Fair Value Inputs, Assets and Liabilities, Quantitative Information | ' | |||||||||||||||||||||||||||||||
The following table presents the Firm’s primary level 3 financial instruments, the valuation techniques used to measure the fair value of those financial instruments, the significant unobservable inputs, the range of values for those inputs and, for certain instruments, the weighted averages of such inputs. While the determination to classify an instrument within level 3 is based on the significance of the unobservable inputs to the overall fair value measurement, level 3 financial instruments typically include observable components (that is, components that are actively quoted and can be validated to external sources) in addition to the unobservable components. The level 1 and/or level 2 inputs are not included in the table. In addition, the Firm manages the risk of the observable components of level 3 financial instruments using securities and derivative positions that are classified within levels 1 or 2 of the fair value hierarchy. | ||||||||||||||||||||||||||||||||
The range of values presented in the table is representative of the highest and lowest level input used to value the significant groups of instruments within a product/instrument classification. The input range does not reflect the level of input uncertainty, instead it is driven by the different underlying characteristics of the various instruments within the classification. For example, two option contracts may have similar levels of market risk exposure and valuation uncertainty, but may have significantly different implied volatility levels because the option contracts have different underlyings, tenors, or strike prices. | ||||||||||||||||||||||||||||||||
Where provided, the weighted averages of the input values presented in the table are calculated based on the fair value of the instruments that the input is being used to value. In the Firm’s view, the input range and the weighted average value do not reflect the degree of input uncertainty or an assessment of the reasonableness of the Firm’s estimates and assumptions. Rather, they reflect the characteristics of the various instruments held by the Firm and the relative distribution of instruments within the range of characteristics. The input range and weighted average values will therefore vary from period-to-period and parameter to parameter based on the characteristics of the instruments held by the Firm at each balance sheet date. | ||||||||||||||||||||||||||||||||
For the Firm’s derivatives and structured notes positions classified within level 3, the equity and interest rate correlation inputs used in estimating fair value were concentrated at the upper end of the range presented, while the credit correlation inputs were distributed across the range presented and the foreign exchange correlation inputs were concentrated at the lower end of the range presented. In addition, the equity and interest rate volatility inputs used in estimating fair value were concentrated at the upper end of the range presented, while commodities volatilities were concentrated at the lower end of the range. | ||||||||||||||||||||||||||||||||
Level 3 inputs(a) | ||||||||||||||||||||||||||||||||
September 30, 2013 (in millions, except for ratios and basis points) | ||||||||||||||||||||||||||||||||
Product/Instrument | Fair value | Principal valuation technique | Unobservable inputs | Range of input values | Weighted average | |||||||||||||||||||||||||||
Residential mortgage-backed securities and loans | $ | 10,949 | Discounted cash flows | Yield | 3 | % | - | 31% | 7% | |||||||||||||||||||||||
Prepayment speed | 0 | % | - | 31% | 7% | |||||||||||||||||||||||||||
Conditional default rate | 0 | % | - | 100% | 16% | |||||||||||||||||||||||||||
Loss severity | 0 | % | - | 80% | 13% | |||||||||||||||||||||||||||
Commercial mortgage-backed securities and loans(b) | 1,454 | Discounted cash flows | Yield | 4 | % | - | 28% | 10% | ||||||||||||||||||||||||
Conditional default rate | 0 | % | - | 100% | 5% | |||||||||||||||||||||||||||
Loss severity | 0 | % | - | 40% | 38% | |||||||||||||||||||||||||||
Corporate debt securities, obligations of U.S. states and municipalities, and other | 12,944 | Discounted cash flows | Credit spread | 115 bps | - | 187 bps | 140 bps | |||||||||||||||||||||||||
Yield | 1 | % | - | 37% | 10% | |||||||||||||||||||||||||||
5,270 | Market comparables | Price | 3 | - | 145 | 94 | ||||||||||||||||||||||||||
Net interest rate derivatives | 2,675 | Option pricing | Interest rate correlation | (75 | )% | - | 94% | |||||||||||||||||||||||||
Interest rate spread volatility | 0 | % | - | 60% | ||||||||||||||||||||||||||||
Net credit derivatives(b) | 497 | Discounted cash flows | Credit correlation | 34 | % | - | 90% | |||||||||||||||||||||||||
Net foreign exchange derivatives | (1,205 | ) | Option pricing | Foreign exchange correlation | 35 | % | - | 75% | ||||||||||||||||||||||||
Net equity derivatives | (1,938 | ) | Option pricing | Equity volatility | 20 | % | - | 55% | ||||||||||||||||||||||||
Net commodity derivatives | (53 | ) | Option pricing | Commodity volatility | 24 | % | - | 42% | ||||||||||||||||||||||||
Collateralized loan obligations | 969 | Discounted cash flows | Credit spread | 150 bps | - | 800 bps | 270 bps | |||||||||||||||||||||||||
Prepayment speed | 15 | % | - | 20% | 19% | |||||||||||||||||||||||||||
Conditional default rate | 2% | 2% | ||||||||||||||||||||||||||||||
Loss severity | 40% | 40% | ||||||||||||||||||||||||||||||
455 | Market comparables | Price | 0 | - | 117 | 86 | ||||||||||||||||||||||||||
Mortgage servicing rights (“MSRs”) | 9,490 | Discounted cash flows | Refer to Note 16 on pages 186–189 of this Form 10-Q. | |||||||||||||||||||||||||||||
Private equity direct investments | 6,075 | Market comparables | EBITDA multiple | 3.8x | - | 12.3x | 8.0x | |||||||||||||||||||||||||
Liquidity adjustment | 0 | % | - | 48% | 15% | |||||||||||||||||||||||||||
Private equity fund investments(c) | 1,743 | Net asset value | Net asset value(e) | |||||||||||||||||||||||||||||
Long-term debt, other borrowed funds, and deposits(d) | 13,220 | Option pricing | Interest rate correlation | (75 | )% | - | 94% | |||||||||||||||||||||||||
Foreign exchange correlation | 0 | % | - | 75% | ||||||||||||||||||||||||||||
Equity correlation | (50 | )% | - | 85% | ||||||||||||||||||||||||||||
1,141 | Discounted cash flows | Credit correlation | 34 | % | - | 85% | ||||||||||||||||||||||||||
(a) | The categories presented in the table have been aggregated based upon the product type, which may differ from their classification on the Consolidated Balance Sheets. | |||||||||||||||||||||||||||||||
(b) | The unobservable inputs and associated input ranges for approximately $865 million of credit derivative receivables and $784 million of credit derivative payables with underlying mortgage risk have been included in the inputs and ranges provided for commercial mortgage-backed securities and loans. | |||||||||||||||||||||||||||||||
(c) | As of September 30, 2013, $708 million of private equity fund exposure was carried at a discount to net asset value per share. | |||||||||||||||||||||||||||||||
(d) | Long-term debt, other borrowed funds and deposits include structured notes issued by the Firm that are predominantly financial instruments containing embedded derivatives. The estimation of the fair value of structured notes is predominantly based on the derivative features embedded within the instruments. The significant unobservable inputs are broadly consistent with those presented for derivative receivables. | |||||||||||||||||||||||||||||||
(e) | The range has not been disclosed due to the wide range of possible values given the diverse nature of the underlying investments. | |||||||||||||||||||||||||||||||
Changes in level 3 recurring fair value measurements | ' | |||||||||||||||||||||||||||||||
The following tables include a rollforward of the Consolidated Balance Sheets amounts (including changes in fair value) for financial instruments classified by the Firm within level 3 of the fair value hierarchy for the three and nine months ended September 30, 2013 and 2012. When a determination is made to classify a financial instrument within level 3, the determination is based on the significance of the unobservable parameters to the overall fair value measurement. However, level 3 financial instruments typically include, in addition to the unobservable or level 3 components, observable components (that is, components that are actively quoted and can be validated to external sources); accordingly, the gains and losses in the table below include changes in fair value due in part to observable factors that are part of the valuation methodology. Also, the Firm risk-manages the observable components of level 3 financial instruments using securities and derivative positions that are classified within level 1 or 2 of the fair value hierarchy; as these level 1 and level 2 risk management instruments are not included below, the gains or losses in the following tables do not reflect the effect of the Firm’s risk management activities related to such level 3 instruments. | ||||||||||||||||||||||||||||||||
Fair value measurements using significant unobservable inputs | ||||||||||||||||||||||||||||||||
Three months ended | Fair value at July 1, 2013 | Total realized/unrealized gains/(losses) | Transfers into and/or out of level 3(h) | Fair value at | Change in unrealized gains/(losses) related to financial instruments held at September 30, 2013 | |||||||||||||||||||||||||||
30-Sep-13 | 30-Sep-13 | |||||||||||||||||||||||||||||||
(in millions) | Purchases(g) | Sales | Settlements | |||||||||||||||||||||||||||||
Assets: | ||||||||||||||||||||||||||||||||
Trading assets: | ||||||||||||||||||||||||||||||||
Debt instruments: | ||||||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||||||
U.S. government agencies | $ | 901 | $ | (21 | ) | $ | 33 | $ | (9 | ) | $ | (23 | ) | $ | — | $ | 881 | $ | (14 | ) | ||||||||||||
Residential – nonagency | 615 | 61 | 146 | (185 | ) | (24 | ) | — | 613 | 43 | ||||||||||||||||||||||
Commercial – nonagency | 1,271 | 239 | 162 | (1,224 | ) | (134 | ) | — | 314 | 1 | ||||||||||||||||||||||
Total mortgage-backed securities | 2,787 | 279 | 341 | (1,418 | ) | (181 | ) | — | 1,808 | 30 | ||||||||||||||||||||||
Obligations of U.S. states and municipalities | 1,221 | (5 | ) | 419 | (32 | ) | (3 | ) | — | 1,600 | 1 | |||||||||||||||||||||
Non-U.S. government debt securities | 136 | (9 | ) | 368 | (415 | ) | (1 | ) | — | 79 | (6 | ) | ||||||||||||||||||||
Corporate debt securities | 5,735 | (22 | ) | 584 | (1,413 | ) | (41 | ) | 34 | 4,877 | 15 | |||||||||||||||||||||
Loans | 10,940 | 515 | 2,873 | (1,610 | ) | (595 | ) | (132 | ) | 11,991 | 470 | |||||||||||||||||||||
Asset-backed securities | 1,428 | 2 | 262 | (427 | ) | (108 | ) | (15 | ) | 1,142 | 5 | |||||||||||||||||||||
Total debt instruments | 22,247 | 760 | 4,847 | (5,315 | ) | (929 | ) | (113 | ) | 21,497 | 515 | |||||||||||||||||||||
Equity securities | 1,039 | 19 | 32 | (54 | ) | (3 | ) | (17 | ) | 1,016 | 105 | |||||||||||||||||||||
Physical commodities | 16 | — | — | (8 | ) | — | — | 8 | — | |||||||||||||||||||||||
Other | 1,105 | 81 | 419 | (74 | ) | (70 | ) | — | 1,461 | 71 | ||||||||||||||||||||||
Total trading assets – debt and equity instruments | 24,407 | 860 | (c) | 5,298 | (5,451 | ) | (1,002 | ) | (130 | ) | 23,982 | 691 | (c) | |||||||||||||||||||
Net derivative receivables:(a) | ||||||||||||||||||||||||||||||||
Interest rate | 2,101 | 548 | 160 | (68 | ) | (26 | ) | (40 | ) | 2,675 | 382 | |||||||||||||||||||||
Credit | 921 | (271 | ) | 5 | (11 | ) | (146 | ) | (1 | ) | 497 | (259 | ) | |||||||||||||||||||
Foreign exchange | (1,218 | ) | (122 | ) | 6 | (4 | ) | 135 | (2 | ) | (1,205 | ) | (252 | ) | ||||||||||||||||||
Equity | (2,291 | ) | 690 | 464 | (574 | ) | (535 | ) | 308 | (1,938 | ) | (572 | ) | |||||||||||||||||||
Commodity | 71 | 83 | — | — | (248 | ) | 41 | (53 | ) | (44 | ) | |||||||||||||||||||||
Total net derivative receivables | (416 | ) | 928 | (c) | 635 | (657 | ) | (820 | ) | 306 | (24 | ) | (745 | ) | (c) | |||||||||||||||||
Available-for-sale securities: | ||||||||||||||||||||||||||||||||
Asset-backed securities | 1,125 | 2 | 179 | — | (13 | ) | — | 1,293 | 2 | |||||||||||||||||||||||
Other | 824 | 8 | 361 | (4 | ) | (6 | ) | 30 | 1,213 | 8 | ||||||||||||||||||||||
Total available-for-sale securities | 1,949 | 10 | (d) | 540 | (4 | ) | (19 | ) | 30 | 2,506 | 10 | (d) | ||||||||||||||||||||
Loans | 1,843 | 78 | (c) | 286 | (86 | ) | (116 | ) | — | 2,005 | 63 | (c) | ||||||||||||||||||||
Mortgage servicing rights | 9,335 | (93 | ) | (e) | 534 | — | (286 | ) | — | 9,490 | (93 | ) | (e) | |||||||||||||||||||
Other assets: | ||||||||||||||||||||||||||||||||
Private equity investments | 7,105 | 469 | (c) | 419 | (161 | ) | (14 | ) | — | 7,818 | 521 | (c) | ||||||||||||||||||||
All other | 3,680 | 6 | (f) | 42 | (27 | ) | (153 | ) | — | 3,548 | (4 | ) | (f) | |||||||||||||||||||
Fair value measurements using significant unobservable inputs | ||||||||||||||||||||||||||||||||
Three months ended | Fair value at July 1, 2013 | Total realized/unrealized (gains)/losses | Transfers into and/or out of level 3(h) | Fair value at | Change in unrealized (gains)/losses related to financial instruments held at September 30, 2013 | |||||||||||||||||||||||||||
30-Sep-13 | 30-Sep-13 | |||||||||||||||||||||||||||||||
(in millions) | Purchases(g) | Sales | Issuances | Settlements | ||||||||||||||||||||||||||||
Liabilities:(b) | ||||||||||||||||||||||||||||||||
Deposits | $ | 2,190 | $ | (2 | ) | (c) | $ | — | $ | — | $ | 334 | $ | (26 | ) | $ | (296 | ) | $ | 2,200 | $ | (3 | ) | (c) | ||||||||
Other borrowed funds | 2,673 | 9 | (c) | — | — | 1,405 | (1,823 | ) | 85 | 2,349 | 64 | (c) | ||||||||||||||||||||
Trading liabilities – debt and equity instruments | 104 | (6 | ) | (c) | (118 | ) | 130 | — | (14 | ) | — | 96 | (9 | ) | (c) | |||||||||||||||||
Accounts payable and other liabilities | 32 | — | — | — | — | (3 | ) | — | 29 | — | ||||||||||||||||||||||
Beneficial interests issued by consolidated VIEs | 863 | 71 | (c) | — | — | 145 | (33 | ) | — | 1,046 | 47 | (c) | ||||||||||||||||||||
Long-term debt | 9,202 | 403 | (c) | — | — | 1,645 | (1,393 | ) | (45 | ) | 9,812 | 290 | (c) | |||||||||||||||||||
Fair value measurements using significant unobservable inputs | ||||||||||||||||||||||||||||||||
Three months ended | Fair value at July 1, 2012 | Total realized/unrealized gains/(losses) | Transfers into and/or out of level 3(h) | Fair value at | Change in unrealized gains/(losses) related to financial instruments held at September 30, 2012 | |||||||||||||||||||||||||||
30-Sep-12 | 30-Sep-12 | |||||||||||||||||||||||||||||||
(in millions) | Purchases(g) | Sales | Settlements | |||||||||||||||||||||||||||||
Assets: | ||||||||||||||||||||||||||||||||
Trading assets: | ||||||||||||||||||||||||||||||||
Debt instruments: | ||||||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||||||
U.S. government agencies | $ | 70 | $ | (10 | ) | $ | — | $ | — | $ | — | $ | — | $ | 60 | $ | (3 | ) | ||||||||||||||
Residential – nonagency | 671 | 54 | 155 | (168 | ) | (45 | ) | (1 | ) | 666 | 36 | |||||||||||||||||||||
Commercial – nonagency | 1,357 | 22 | 56 | (42 | ) | (26 | ) | — | 1,367 | 26 | ||||||||||||||||||||||
Total mortgage-backed securities | 2,098 | 66 | 211 | (210 | ) | (71 | ) | (1 | ) | 2,093 | 59 | |||||||||||||||||||||
Obligations of U.S. states and municipalities | 1,459 | (1 | ) | 6 | (56 | ) | — | — | 1,408 | — | ||||||||||||||||||||||
Non-U.S. government debt securities | 70 | (2 | ) | 130 | (140 | ) | (1 | ) | — | 57 | (4 | ) | ||||||||||||||||||||
Corporate debt securities | 5,234 | (1 | ) | 1,532 | (1,380 | ) | (242 | ) | (5 | ) | 5,138 | 52 | ||||||||||||||||||||
Loans | 10,915 | 392 | 1,119 | (684 | ) | (1,102 | ) | 6 | 10,646 | 299 | ||||||||||||||||||||||
Asset-backed securities | 6,809 | 135 | 634 | (2,053 | ) | (125 | ) | — | 5,400 | 126 | ||||||||||||||||||||||
Total debt instruments | 26,585 | 589 | 3,632 | (4,523 | ) | (1,541 | ) | — | 24,742 | 532 | ||||||||||||||||||||||
Equity securities | 1,236 | (11 | ) | 135 | (147 | ) | (41 | ) | 4 | 1,176 | (27 | ) | ||||||||||||||||||||
Other | 955 | 47 | 8 | (49 | ) | (19 | ) | — | 942 | 40 | ||||||||||||||||||||||
Total trading assets – debt and equity instruments | 28,776 | 625 | (c) | 3,775 | (4,719 | ) | (1,601 | ) | 4 | 26,860 | 545 | (c) | ||||||||||||||||||||
Net derivative receivables:(a) | ||||||||||||||||||||||||||||||||
Interest rate | 3,692 | 2,317 | 89 | (82 | ) | (2,311 | ) | (14 | ) | 3,691 | 1,295 | |||||||||||||||||||||
Credit | 4,448 | (1,491 | ) | 18 | (38 | ) | (327 | ) | — | 2,610 | (1,395 | ) | ||||||||||||||||||||
Foreign exchange | (1,488 | ) | (263 | ) | 33 | (5 | ) | (24 | ) | (44 | ) | (1,791 | ) | (205 | ) | |||||||||||||||||
Equity | (1,983 | ) | (118 | ) | 426 | (564 | ) | 52 | (10 | ) | (2,197 | ) | (180 | ) | ||||||||||||||||||
Commodity | 17 | (392 | ) | 11 | (1 | ) | 313 | 49 | (3 | ) | (163 | ) | ||||||||||||||||||||
Total net derivative receivables | 4,686 | 53 | (c) | 577 | (690 | ) | (2,297 | ) | (19 | ) | 2,310 | (648 | ) | (c) | ||||||||||||||||||
Available-for-sale securities: | ||||||||||||||||||||||||||||||||
Asset-backed securities | 25,692 | 168 | 1,334 | (24 | ) | (811 | ) | — | 26,359 | 167 | ||||||||||||||||||||||
Other | 622 | 1 | 406 | — | (10 | ) | — | 1,019 | 1 | |||||||||||||||||||||||
Total available-for-sale securities | 26,314 | 169 | (d) | 1,740 | (24 | ) | (821 | ) | — | 27,378 | 168 | (d) | ||||||||||||||||||||
Loans | 2,520 | 110 | (c) | 494 | — | (854 | ) | 63 | 2,333 | 101 | (c) | |||||||||||||||||||||
Mortgage servicing rights | 7,118 | (329 | ) | (e) | 606 | (23 | ) | (292 | ) | — | 7,080 | (329 | ) | (e) | ||||||||||||||||||
Other assets: | ||||||||||||||||||||||||||||||||
Private equity investments | 6,702 | 23 | (c) | 762 | (93 | ) | (290 | ) | — | 7,104 | (77 | ) | (c) | |||||||||||||||||||
All other | 4,448 | 7 | (f) | 90 | (53 | ) | (129 | ) | — | 4,363 | 6 | (f) | ||||||||||||||||||||
Fair value measurements using significant unobservable inputs | ||||||||||||||||||||||||||||||||
Three months ended | Fair value at July 1, 2012 | Total realized/unrealized (gains)/losses | Transfers into and/or out of level 3(h) | Fair value at | Change in unrealized (gains)/losses related to financial instruments held at September 30, 2012 | |||||||||||||||||||||||||||
30-Sep-12 | 30-Sep-12 | |||||||||||||||||||||||||||||||
(in millions) | Purchases(g) | Sales | Issuances | Settlements | ||||||||||||||||||||||||||||
Liabilities:(b) | ||||||||||||||||||||||||||||||||
Deposits | $ | 1,876 | $ | 58 | (c) | $ | — | $ | — | $ | 240 | $ | (88 | ) | $ | (113 | ) | $ | 1,973 | $ | 45 | (c) | ||||||||||
Other borrowed funds | 1,107 | 71 | (c) | — | — | 374 | (421 | ) | 196 | 1,327 | 156 | (c) | ||||||||||||||||||||
Trading liabilities – debt and equity instruments | 360 | 8 | (c) | (583 | ) | 377 | — | 1 | — | 163 | 6 | (c) | ||||||||||||||||||||
Accounts payable and other liabilities | 42 | — | — | — | — | (4 | ) | — | 38 | — | ||||||||||||||||||||||
Beneficial interests issued by consolidated VIEs | 745 | 88 | (c) | — | — | 153 | (84 | ) | — | 902 | 39 | (c) | ||||||||||||||||||||
Long-term debt | 8,856 | 647 | (c) | — | — | 647 | (1,666 | ) | (12 | ) | 8,472 | 762 | (c) | |||||||||||||||||||
Fair value measurements using significant unobservable inputs | ||||||||||||||||||||||||||||||||
Nine months ended | Fair value at January 1, 2013 | Total realized/unrealized gains/(losses) | Transfers into and/or out of level 3(h) | Fair value at | Change in unrealized gains/(losses) related to financial instruments held at September 30, 2013 | |||||||||||||||||||||||||||
30-Sep-13 | 30-Sep-13 | |||||||||||||||||||||||||||||||
(in millions) | Purchases(g) | Sales | Settlements | |||||||||||||||||||||||||||||
Assets: | ||||||||||||||||||||||||||||||||
Trading assets: | ||||||||||||||||||||||||||||||||
Debt instruments: | ||||||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||||||
U.S. government agencies | $ | 498 | $ | 119 | $ | 426 | $ | (88 | ) | $ | (74 | ) | $ | — | $ | 881 | $ | 143 | ||||||||||||||
Residential – nonagency | 663 | 373 | 580 | (925 | ) | (73 | ) | (5 | ) | 613 | 185 | |||||||||||||||||||||
Commercial – nonagency | 1,207 | 114 | 601 | (1,402 | ) | (206 | ) | — | 314 | (5 | ) | |||||||||||||||||||||
Total mortgage-backed securities | 2,368 | 606 | 1,607 | (2,415 | ) | (353 | ) | (5 | ) | 1,808 | 323 | |||||||||||||||||||||
Obligations of U.S. states and municipalities | 1,436 | 13 | 472 | (115 | ) | (206 | ) | — | 1,600 | 23 | ||||||||||||||||||||||
Non-U.S. government debt securities | 67 | 2 | 1,002 | (1,097 | ) | (5 | ) | 110 | 79 | 1 | ||||||||||||||||||||||
Corporate debt securities | 5,308 | (146 | ) | 5,762 | (4,931 | ) | (1,488 | ) | 372 | 4,877 | 104 | |||||||||||||||||||||
Loans | 10,787 | 384 | 8,281 | (5,360 | ) | (1,986 | ) | (115 | ) | 11,991 | 127 | |||||||||||||||||||||
Asset-backed securities | 3,696 | 161 | 1,302 | (1,961 | ) | (255 | ) | (1,801 | ) | 1,142 | 173 | |||||||||||||||||||||
Total debt instruments | 23,662 | 1,020 | 18,426 | (15,879 | ) | (4,293 | ) | (1,439 | ) | 21,497 | 751 | |||||||||||||||||||||
Equity securities | 1,114 | 10 | 236 | (202 | ) | (68 | ) | (74 | ) | 1,016 | 3 | |||||||||||||||||||||
Physical commodities | — | — | — | (8 | ) | — | 16 | 8 | — | |||||||||||||||||||||||
Other | 863 | 168 | 545 | (94 | ) | (151 | ) | 130 | 1,461 | 215 | ||||||||||||||||||||||
Total trading assets – debt and equity instruments | 25,639 | 1,198 | (c) | 19,207 | (16,183 | ) | (4,512 | ) | (1,367 | ) | 23,982 | 969 | (c) | |||||||||||||||||||
Net derivative receivables(a): | ||||||||||||||||||||||||||||||||
Interest rate | 3,322 | 979 | 275 | (193 | ) | (1,873 | ) | 165 | 2,675 | 155 | ||||||||||||||||||||||
Credit | 1,873 | (1,095 | ) | 55 | (12 | ) | (335 | ) | 11 | 497 | (1,128 | ) | ||||||||||||||||||||
Foreign exchange | (1,750 | ) | (77 | ) | (1 | ) | (7 | ) | 648 | (18 | ) | (1,205 | ) | (276 | ) | |||||||||||||||||
Equity | (1,806 | ) | 1,203 | 1,685 | (1,880 | ) | (1,345 | ) | 205 | (1,938 | ) | 499 | ||||||||||||||||||||
Commodity | 254 | 736 | 11 | (3 | ) | (1,102 | ) | 51 | (53 | ) | 125 | |||||||||||||||||||||
Total net derivative receivables | 1,893 | 1,746 | (c) | 2,025 | (2,095 | ) | (4,007 | ) | 414 | (24 | ) | (625 | ) | (c) | ||||||||||||||||||
Available-for-sale securities: | ||||||||||||||||||||||||||||||||
Asset-backed securities | 28,024 | 7 | 579 | — | (57 | ) | (27,260 | ) | 1,293 | 7 | ||||||||||||||||||||||
Other | 892 | (1 | ) | 368 | (17 | ) | (59 | ) | 30 | 1,213 | 13 | |||||||||||||||||||||
Total available-for-sale securities | 28,916 | 6 | (d) | 947 | (17 | ) | (116 | ) | (27,230 | ) | 2,506 | 20 | (d) | |||||||||||||||||||
Loans | 2,282 | 49 | (c) | 614 | (142 | ) | (798 | ) | — | 2,005 | (47 | ) | (c) | |||||||||||||||||||
Mortgage servicing rights | 7,614 | 1,254 | (e) | 1,873 | (418 | ) | (833 | ) | — | 9,490 | 1,254 | (e) | ||||||||||||||||||||
Other assets: | ||||||||||||||||||||||||||||||||
Private equity investments | 7,181 | 634 | (c) | 622 | (264 | ) | (355 | ) | — | 7,818 | 322 | (c) | ||||||||||||||||||||
All other | 4,258 | (19 | ) | (f) | 177 | (322 | ) | (546 | ) | — | 3,548 | (55 | ) | (f) | ||||||||||||||||||
Fair value measurements using significant unobservable inputs | ||||||||||||||||||||||||||||||||
Nine months ended | Fair value at January 1, 2013 | Total realized/unrealized (gains)/losses | Transfers into and/or out of level 3(h) | Fair value at | Change in unrealized (gains)/losses related to financial instruments held at September 30, 2013 | |||||||||||||||||||||||||||
30-Sep-13 | 30-Sep-13 | |||||||||||||||||||||||||||||||
(in millions) | Purchases(g) | Sales | Issuances | Settlements | ||||||||||||||||||||||||||||
Liabilities:(b) | ||||||||||||||||||||||||||||||||
Deposits | $ | 1,983 | $ | (107 | ) | (c) | $ | — | $ | — | $ | 946 | $ | (183 | ) | $ | (439 | ) | $ | 2,200 | $ | (38 | ) | (c) | ||||||||
Other borrowed funds | 1,619 | (260 | ) | (c) | — | — | 5,556 | (4,742 | ) | 176 | 2,349 | (192 | ) | (c) | ||||||||||||||||||
Trading liabilities – debt and equity instruments | 205 | (74 | ) | (c) | (1,977 | ) | 2,136 | — | (48 | ) | (146 | ) | 96 | (12 | ) | (c) | ||||||||||||||||
Accounts payable and other liabilities | 36 | 1 | (f) | — | — | — | (8 | ) | — | 29 | 1 | (f) | ||||||||||||||||||||
Beneficial interests issued by consolidated VIEs | 925 | 96 | (c) | — | — | 196 | (171 | ) | — | 1,046 | (18 | ) | (c) | |||||||||||||||||||
Long-term debt | 8,476 | (502 | ) | (c) | — | — | 5,378 | (2,996 | ) | (544 | ) | 9,812 | (440 | ) | (c) | |||||||||||||||||
Fair value measurements using significant unobservable inputs | ||||||||||||||||||||||||||||||||
Nine months ended | Fair value at January 1, 2012 | Total realized/unrealized gains/(losses) | Transfers into and/or out of level 3(h) | Fair value at | Change in unrealized gains/(losses) related to financial instruments held at September 30, 2012 | |||||||||||||||||||||||||||
30-Sep-12 | 30-Sep-12 | |||||||||||||||||||||||||||||||
(in millions) | Purchases(g) | Sales | Settlements | |||||||||||||||||||||||||||||
Assets: | ||||||||||||||||||||||||||||||||
Trading assets: | ||||||||||||||||||||||||||||||||
Debt instruments: | ||||||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||||||
U.S. government agencies | $ | 86 | $ | (31 | ) | $ | 5 | $ | — | $ | — | $ | — | $ | 60 | $ | (11 | ) | ||||||||||||||
Residential – nonagency | 796 | 105 | 334 | (426 | ) | (120 | ) | (23 | ) | 666 | 67 | |||||||||||||||||||||
Commercial – nonagency | 1,758 | (25 | ) | 186 | (371 | ) | (81 | ) | (100 | ) | 1,367 | (14 | ) | |||||||||||||||||||
Total mortgage-backed securities | 2,640 | 49 | 525 | (797 | ) | (201 | ) | (123 | ) | 2,093 | 42 | |||||||||||||||||||||
Obligations of U.S. states and municipalities | 1,619 | (2 | ) | 335 | (540 | ) | (4 | ) | — | 1,408 | (8 | ) | ||||||||||||||||||||
Non-U.S. government debt securities | 104 | 1 | 473 | (500 | ) | (21 | ) | — | 57 | (3 | ) | |||||||||||||||||||||
Corporate debt securities | 6,373 | 204 | 5,468 | (4,085 | ) | (2,447 | ) | (375 | ) | 5,138 | 301 | |||||||||||||||||||||
Loans | 12,209 | 687 | 3,332 | (1,976 | ) | (3,032 | ) | (574 | ) | 10,646 | 404 | |||||||||||||||||||||
Asset-backed securities | 7,965 | 147 | 1,912 | (3,987 | ) | (638 | ) | 1 | 5,400 | 88 | ||||||||||||||||||||||
Total debt instruments | 30,910 | 1,086 | 12,045 | (11,885 | ) | (6,343 | ) | (1,071 | ) | 24,742 | 824 | |||||||||||||||||||||
Equity securities | 1,177 | (88 | ) | 247 | (204 | ) | (54 | ) | 98 | 1,176 | (44 | ) | ||||||||||||||||||||
Other | 880 | 201 | 58 | (97 | ) | (100 | ) | — | 942 | 203 | ||||||||||||||||||||||
Total trading assets – debt and equity instruments | 32,967 | 1,199 | (c) | 12,350 | (12,186 | ) | (6,497 | ) | (973 | ) | 26,860 | 983 | (c) | |||||||||||||||||||
Net derivative receivables(a): | ||||||||||||||||||||||||||||||||
Interest rate | 3,561 | 5,672 | 389 | (180 | ) | (5,366 | ) | (385 | ) | 3,691 | 1,564 | |||||||||||||||||||||
Credit | 7,732 | (3,677 | ) | 122 | (81 | ) | (1,487 | ) | 1 | 2,610 | (3,098 | ) | ||||||||||||||||||||
Foreign exchange | (1,263 | ) | (768 | ) | 78 | (183 | ) | 395 | (50 | ) | (1,791 | ) | (691 | ) | ||||||||||||||||||
Equity | (3,105 | ) | 47 | 1,279 | (1,642 | ) | 151 | 1,073 | (2,197 | ) | (537 | ) | ||||||||||||||||||||
Commodity | (687 | ) | (472 | ) | 50 | 64 | 958 | 84 | (3 | ) | (280 | ) | ||||||||||||||||||||
Total net derivative receivables | 6,238 | 802 | (c) | 1,918 | (2,022 | ) | (5,349 | ) | 723 | 2,310 | (3,042 | ) | (c) | |||||||||||||||||||
Available-for-sale securities: | ||||||||||||||||||||||||||||||||
Asset-backed securities | 24,958 | (168 | ) | 4,504 | (1,171 | ) | (1,880 | ) | 116 | 26,359 | (183 | ) | ||||||||||||||||||||
Other | 528 | 33 | 667 | (113 | ) | (96 | ) | — | 1,019 | 8 | ||||||||||||||||||||||
Total available-for-sale securities | 25,486 | (135 | ) | (d) | 5,171 | (1,284 | ) | (1,976 | ) | 116 | 27,378 | (175 | ) | (d) | ||||||||||||||||||
Loans | 1,647 | 686 | (c) | 1,201 | — | (1,345 | ) | 144 | 2,333 | 678 | (c) | |||||||||||||||||||||
Mortgage servicing rights | 7,223 | (852 | ) | (e) | 1,705 | (23 | ) | (973 | ) | — | 7,080 | (852 | ) | (e) | ||||||||||||||||||
Other assets: | ||||||||||||||||||||||||||||||||
Private equity investments | 6,751 | 310 | (c) | 1,221 | (335 | ) | (797 | ) | (46 | ) | 7,104 | 348 | (c) | |||||||||||||||||||
All other | 4,374 | (216 | ) | (f) | 722 | (145 | ) | (372 | ) | — | 4,363 | (215 | ) | (f) | ||||||||||||||||||
Fair value measurements using significant unobservable inputs | ||||||||||||||||||||||||||||||||
Nine months ended | Fair value at January 1, 2012 | Total realized/unrealized (gains)/losses | Transfers into and/or out of level 3(h) | Fair value at | Change in unrealized (gains)/losses related to financial instruments held at September 30, 2012 | |||||||||||||||||||||||||||
30-Sep-12 | 30-Sep-12 | |||||||||||||||||||||||||||||||
(in millions) | Purchases(g) | Sales | Issuances | Settlements | ||||||||||||||||||||||||||||
Liabilities:(b) | ||||||||||||||||||||||||||||||||
Deposits | $ | 1,418 | $ | 224 | (c) | $ | — | $ | — | $ | 948 | $ | (320 | ) | $ | (297 | ) | $ | 1,973 | $ | 237 | (c) | ||||||||||
Other borrowed funds | 1,507 | 62 | (c) | — | — | 1,183 | (1,599 | ) | 174 | 1,327 | 118 | (c) | ||||||||||||||||||||
Trading liabilities – debt and equity instruments | 211 | (9 | ) | (c) | (1,983 | ) | 1,976 | — | (27 | ) | (5 | ) | 163 | (4 | ) | (c) | ||||||||||||||||
Accounts payable and other liabilities | 51 | — | — | — | — | (13 | ) | — | 38 | 1 | (f) | |||||||||||||||||||||
Beneficial interests issued by consolidated VIEs | 791 | 135 | (c) | — | — | 207 | (231 | ) | — | 902 | 34 | (c) | ||||||||||||||||||||
Long-term debt | 10,310 | 595 | (c) | — | — | 2,521 | (3,832 | ) | (1,122 | ) | 8,472 | 664 | (c) | |||||||||||||||||||
(a) | All level 3 derivatives are presented on a net basis, irrespective of the underlying counterparty. | |||||||||||||||||||||||||||||||
(b) | Level 3 liabilities as a percentage of total Firm liabilities accounted for at fair value (including liabilities measured at fair value on a nonrecurring basis) were 17% and 18% at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||||||||
(c) | Predominantly reported in principal transactions revenue, except for changes in fair value for Consumer & Community Banking (“CCB”) mortgage loans, lending-related commitments originated with the intent to sell, and mortgage loan purchase commitments, which are reported in mortgage fees and related income. | |||||||||||||||||||||||||||||||
(d) | Realized gains/(losses) on available-for-sale (“AFS”) securities, as well as other-than-temporary impairment losses that are recorded in earnings, are reported in securities gains. Unrealized gains/(losses) are reported in OCI. Realized gains/(losses) and foreign exchange remeasurement adjustments recorded in income on AFS securities were $18 million and $83 million for the three months ended September 30, 2013 and 2012, and $3 million and $(81) million for the nine months ended September 30, 2013 and 2012, respectively. Unrealized gains/(losses) recorded on AFS securities in OCI were $(8) million and $86 million for the three months ended September 30, 2013 and 2012, and $3 million and $(54) million for the nine months ended September 30, 2013 and 2012, respectively. | |||||||||||||||||||||||||||||||
(e) | Changes in fair value for CCB mortgage servicing rights are reported in mortgage fees and related income. | |||||||||||||||||||||||||||||||
(f) | Predominantly reported in other income. | |||||||||||||||||||||||||||||||
(g) | Loan originations are included in purchases. | |||||||||||||||||||||||||||||||
(h) | All transfers into and/or out of level 3 are assumed to occur at the beginning of the quarterly reporting period in which they occur. | |||||||||||||||||||||||||||||||
Credit adjustments | ' | |||||||||||||||||||||||||||||||
The following table provides the credit adjustments, excluding the effect of any hedging activity, reflected within the Consolidated Balance Sheets as of the dates indicated. | ||||||||||||||||||||||||||||||||
(in millions) | Sep 30, 2013 | Dec 31, 2012 | ||||||||||||||||||||||||||||||
Derivative receivables balance (net of derivatives CVA) | $ | 66,788 | $ | 74,983 | ||||||||||||||||||||||||||||
Derivatives CVA(a) | (2,993 | ) | (4,238 | ) | ||||||||||||||||||||||||||||
Derivative payables balance (net of derivatives DVA) | 60,785 | 70,656 | ||||||||||||||||||||||||||||||
Derivatives DVA | (863 | ) | (830 | ) | ||||||||||||||||||||||||||||
Structured notes balance (net of structured notes DVA)(b)(c)(d) | 49,148 | 48,112 | ||||||||||||||||||||||||||||||
Structured notes DVA | (1,763 | ) | (1,712 | ) | ||||||||||||||||||||||||||||
(a) | Derivatives CVA, gross of hedges, includes results managed by the credit portfolio and other lines of business within the Corporate & Investment Bank (“CIB”). | |||||||||||||||||||||||||||||||
(b) | Structured notes are predominantly financial instruments containing embedded derivatives. At September 30, 2013, and December 31, 2012, included $541 million and $1.1 billion, respectively, of plain vanilla financial instruments with fixed or floating rate coupons, that are not indexed to an underlying, for which the fair value option has been elected. For further information on fair value option see Note 4 on pages of 214–216 of JPMorgan Chase’s 2012 Annual Report. | |||||||||||||||||||||||||||||||
(c) | Structured notes are recorded within long-term debt, other borrowed funds or deposits on the Consolidated Balance Sheets, depending upon their tenor and legal form. | |||||||||||||||||||||||||||||||
(d) | Structured notes are measured at fair value based on the Firm’s election under the fair value option. For further information on these elections, see Note 4 on pages 130–132 of this Form 10-Q. | |||||||||||||||||||||||||||||||
Impact of credit adjustments on earnings | ' | |||||||||||||||||||||||||||||||
The following table provides the impact of credit adjustments on earnings in the respective periods, excluding the effect of any hedging activity. | ||||||||||||||||||||||||||||||||
Three months ended | Nine months ended | |||||||||||||||||||||||||||||||
September 30, | September 30, | |||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||
Credit adjustments: | ||||||||||||||||||||||||||||||||
Derivative CVA(a) | $ | 364 | $ | 1,213 | $ | 1,245 | $ | 2,264 | ||||||||||||||||||||||||
Derivative DVA | (66 | ) | (219 | ) | 33 | (318 | ) | |||||||||||||||||||||||||
Structured note DVA(b) | (331 | ) | 8 | 51 | (45 | ) | ||||||||||||||||||||||||||
(a) | Derivatives CVA, gross of hedges, includes results managed by the credit portfolio and other lines of business within the CIB. | |||||||||||||||||||||||||||||||
(b) | Structured notes are measured at fair value based on the Firm’s election under the fair value option. For further information on these elections, see Note 4 on pages 130–132 of this Form 10-Q. | |||||||||||||||||||||||||||||||
Carrying value and estimated fair value of financial assets and liabilities | ' | |||||||||||||||||||||||||||||||
The following table presents the carrying values and estimated fair values at September 30, 2013, and December 31, 2012, of financial assets and liabilities, excluding financial instruments which are carried at fair value on a recurring basis, and information is provided on their classification within the fair value hierarchy. For additional information regarding the financial instruments within the scope of this disclosure, and the methods and significant assumptions used to estimate their fair value, see Note 3 on pages 196–214 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||||||
September 30, 2013 | 31-Dec-12 | |||||||||||||||||||||||||||||||
Estimated fair value hierarchy | Estimated fair value hierarchy | |||||||||||||||||||||||||||||||
(in billions) | Carrying | Level 1 | Level 2 | Level 3 | Total estimated | Carrying | Level 1 | Level 2 | Level 3 | Total estimated | ||||||||||||||||||||||
value | fair value | value | fair value | |||||||||||||||||||||||||||||
Financial assets | ||||||||||||||||||||||||||||||||
Cash and due from banks | $ | 30.7 | $ | 30.7 | $ | — | $ | — | $ | 30.7 | $ | 53.7 | $ | 53.7 | $ | — | $ | — | $ | 53.7 | ||||||||||||
Deposits with banks | 371.4 | 364.1 | 7.3 | — | 371.4 | 121.8 | 114.1 | 7.7 | — | 121.8 | ||||||||||||||||||||||
Accrued interest and accounts receivable | 66.3 | — | 66 | 0.3 | 66.3 | 60.9 | — | 60.3 | 0.6 | 60.9 | ||||||||||||||||||||||
Federal funds sold and securities purchased under resale agreements | 210.2 | — | 210.2 | — | 210.2 | 272 | — | 272 | — | 272 | ||||||||||||||||||||||
Securities borrowed | 117 | — | 117 | — | 117 | 108.8 | — | 108.8 | — | 108.8 | ||||||||||||||||||||||
Securities, held-to-maturity(a) | 4.5 | — | 4.6 | — | 4.6 | — | — | — | — | — | ||||||||||||||||||||||
Loans, net of allowance for loan losses(b) | 709 | — | 19 | 691.6 | 710.6 | 709.3 | — | 26.4 | 685.4 | 711.8 | ||||||||||||||||||||||
Other | 55.6 | — | 51.8 | 4.6 | 56.4 | 49.7 | — | 42.7 | 7.4 | 50.1 | ||||||||||||||||||||||
Financial liabilities | ||||||||||||||||||||||||||||||||
Deposits | $ | 1,274.30 | $ | — | $ | 1,273.40 | $ | 1.2 | $ | 1,274.60 | $ | 1,187.90 | $ | — | $ | 1,187.20 | $ | 1.2 | $ | 1,188.40 | ||||||||||||
Federal funds purchased and securities loaned or sold under repurchase agreements | 212.7 | — | 212.7 | — | 212.7 | 235.7 | — | 235.7 | — | 235.7 | ||||||||||||||||||||||
Commercial paper | 53.7 | — | 53.7 | — | 53.7 | 55.4 | — | 55.4 | — | 55.4 | ||||||||||||||||||||||
Other borrowed funds | 17.8 | — | 17.8 | — | 17.8 | 15 | — | 15 | — | 15 | ||||||||||||||||||||||
Accounts payable and other liabilities | 169.3 | — | 167.7 | 1.5 | 169.2 | 156.5 | — | 153.8 | 2.5 | 156.3 | ||||||||||||||||||||||
Beneficial interests issued by consolidated VIEs | 47 | — | 43.6 | 3.3 | 46.9 | 62 | — | 57.7 | 4.4 | 62.1 | ||||||||||||||||||||||
Long-term debt and junior subordinated deferrable interest debentures(c) | 233.6 | — | 234.7 | 5.8 | 240.5 | 218.2 | — | 220 | 5.4 | 225.4 | ||||||||||||||||||||||
(a) | Carrying value includes unamortized discount or premium. | |||||||||||||||||||||||||||||||
(b) | Fair value is typically estimated using a discounted cash flow model that incorporates the characteristics of the underlying loans (including principal, contractual interest rate and contractual fees) and other key inputs, including expected lifetime credit losses, interest rates, prepayment rates, and primary origination or secondary market spreads. For certain loans, the fair value is measured based on the value of the underlying collateral. The difference between the estimated fair value and carrying value of a financial asset or liability is the result of the different methodologies used to determine fair value as compared with carrying value. For example, credit losses are estimated for a financial asset’s remaining life in a fair value calculation but are estimated for a loss emergence period in the allowance for loan loss calculation; future loan income (interest and fees) is incorporated in a fair value calculation but is generally not considered in the allowance for loan losses. For a further discussion of the Firm’s methodologies for estimating the fair value of loans and lending-related commitments, see pages 196–214 of JPMorgan Chase’s 2012 Annual Report and pages 116–130 of this Note. | |||||||||||||||||||||||||||||||
(c) | Carrying value includes unamortized original issue discount and other valuation adjustments. | |||||||||||||||||||||||||||||||
The Carrying value and estimated fair value of wholesale lending- related commitments | ' | |||||||||||||||||||||||||||||||
The majority of the Firm’s lending-related commitments are not carried at fair value on a recurring basis on the Consolidated Balance Sheets, nor are they actively traded. The carrying value and estimated fair value of the Firm’s wholesale lending-related commitments were as follows for the periods indicated. | ||||||||||||||||||||||||||||||||
September 30, 2013 | 31-Dec-12 | |||||||||||||||||||||||||||||||
Estimated fair value hierarchy | Estimated fair value hierarchy | |||||||||||||||||||||||||||||||
(in billions) | Carrying value(a) | Level 1 | Level 2 | Level 3 | Total estimated fair value | Carrying value(a) | Level 1 | Level 2 | Level 3 | Total estimated fair value | ||||||||||||||||||||||
Wholesale lending-related commitments | $ | 0.7 | $ | — | $ | — | $ | 1.3 | $ | 1.3 | $ | 0.7 | $ | — | $ | — | $ | 1.9 | $ | 1.9 | ||||||||||||
(a) | Represents the allowance for wholesale lending-related commitments. Excludes the current carrying values of the guarantee liability and the offsetting asset, each of which are recognized at fair value at the inception of guarantees. | |||||||||||||||||||||||||||||||
Trading assets and liabilities average balances | ' | |||||||||||||||||||||||||||||||
Average trading assets and liabilities were as follows for the periods indicated. | ||||||||||||||||||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | |||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||
Trading assets – debt and equity instruments | $ | 315,575 | $ | 331,399 | $ | 347,649 | $ | 344,433 | ||||||||||||||||||||||||
Trading assets – derivative receivables | 71,657 | 85,303 | 73,950 | 88,353 | ||||||||||||||||||||||||||||
Trading liabilities – debt and equity instruments(a) | 83,306 | 68,467 | 76,541 | 69,069 | ||||||||||||||||||||||||||||
Trading liabilities – derivative payables | 63,378 | 77,851 | 66,083 | 77,543 | ||||||||||||||||||||||||||||
(a) | Primarily represent securities sold, not yet purchased. |
Fair_Value_Option_Tables
Fair Value Option (Tables) | 9 Months Ended | |||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||
Fair Value Option [Abstract] | ' | |||||||||||||||||||||||||
Changes in fair value under the fair value option election | ' | |||||||||||||||||||||||||
The following table presents the changes in fair value included in the Consolidated Statements of Income for the three and nine months ended September 30, 2013 and 2012, for items for which the fair value option was elected. The profit and loss information presented below only includes the financial instruments that were elected to be measured at fair value; related risk management instruments, which are required to be measured at fair value, are not included in the table. | ||||||||||||||||||||||||||
Three months ended September 30, | ||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||
(in millions) | Principal transactions | Other income | Total changes in fair value recorded | Principal transactions | Other income | Total changes in fair value recorded | ||||||||||||||||||||
Federal funds sold and securities purchased under resale agreements | $ | 11 | $ | — | $ | 11 | $ | 72 | $ | — | $ | 72 | ||||||||||||||
Securities borrowed | (7 | ) | — | (7 | ) | 10 | — | 10 | ||||||||||||||||||
Trading assets: | ||||||||||||||||||||||||||
Debt and equity instruments, excluding loans | 138 | — | 138 | 157 | 2 | (c) | 159 | |||||||||||||||||||
Loans reported as trading assets: | ||||||||||||||||||||||||||
Changes in instrument-specific credit risk | 316 | (15 | ) | (c) | 301 | 416 | 22 | (c) | 438 | |||||||||||||||||
Other changes in fair value | (19 | ) | 282 | (c) | 263 | 46 | 2,284 | (c) | 2,330 | |||||||||||||||||
Loans: | ||||||||||||||||||||||||||
Changes in instrument-specific credit risk | 22 | — | 22 | 4 | — | 4 | ||||||||||||||||||||
Other changes in fair value | (10 | ) | — | (10 | ) | 99 | — | 99 | ||||||||||||||||||
Other assets | 6 | (42 | ) | (d) | (36 | ) | 2 | (28 | ) | (d) | (26 | ) | ||||||||||||||
Deposits(a) | (150 | ) | — | (150 | ) | (95 | ) | — | (95 | ) | ||||||||||||||||
Federal funds purchased and securities loaned or sold under repurchase agreements | 8 | — | 8 | (16 | ) | — | (16 | ) | ||||||||||||||||||
Other borrowed funds(a) | (112 | ) | — | (112 | ) | (454 | ) | — | (454 | ) | ||||||||||||||||
Trading liabilities | (9 | ) | — | (9 | ) | (35 | ) | — | (35 | ) | ||||||||||||||||
Beneficial interests issued by consolidated VIEs | (85 | ) | — | (85 | ) | (9 | ) | — | (9 | ) | ||||||||||||||||
Other liabilities | — | — | — | — | — | — | ||||||||||||||||||||
Long-term debt: | ||||||||||||||||||||||||||
Changes in instrument-specific credit risk(a) | (163 | ) | — | (163 | ) | (166 | ) | — | (166 | ) | ||||||||||||||||
Other changes in fair value(b) | 502 | — | 502 | (565 | ) | — | (565 | ) | ||||||||||||||||||
Nine months ended September 30, | ||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||
(in millions) | Principal transactions | Other income | Total changes in fair value recorded | Principal transactions | Other income | Total changes in fair value recorded | ||||||||||||||||||||
Federal funds sold and securities purchased under resale agreements | $ | (347 | ) | $ | — | $ | (347 | ) | $ | 245 | $ | — | $ | 245 | ||||||||||||
Securities borrowed | 11 | — | 11 | 24 | — | 24 | ||||||||||||||||||||
Trading assets: | ||||||||||||||||||||||||||
Debt and equity instruments, excluding loans | 380 | 7 | (c) | 387 | 495 | 5 | (c) | 500 | ||||||||||||||||||
Loans reported as trading assets: | ||||||||||||||||||||||||||
Changes in instrument-specific credit risk | 855 | 23 | (c) | 878 | 1,225 | 51 | (c) | 1,276 | ||||||||||||||||||
Other changes in fair value | (97 | ) | 1,487 | (c) | 1,390 | (128 | ) | 5,643 | (c) | 5,515 | ||||||||||||||||
Loans: | ||||||||||||||||||||||||||
Changes in instrument-specific credit risk | 16 | — | 16 | (10 | ) | — | (10 | ) | ||||||||||||||||||
Other changes in fair value | 11 | — | 11 | 674 | — | 674 | ||||||||||||||||||||
Other assets | 27 | (131 | ) | (d) | (104 | ) | 2 | (291 | ) | (d) | (289 | ) | ||||||||||||||
Deposits(a) | 147 | — | 147 | (256 | ) | — | (256 | ) | ||||||||||||||||||
Federal funds purchased and securities loaned or sold under repurchase agreements | 53 | — | 53 | (43 | ) | — | (43 | ) | ||||||||||||||||||
Other borrowed funds(a) | 268 | — | 268 | 393 | — | 393 | ||||||||||||||||||||
Trading liabilities | (41 | ) | — | (41 | ) | (23 | ) | — | (23 | ) | ||||||||||||||||
Beneficial interests issued by consolidated VIEs | (182 | ) | — | (182 | ) | (39 | ) | — | (39 | ) | ||||||||||||||||
Other liabilities | — | (1 | ) | (d) | (1 | ) | — | — | — | |||||||||||||||||
Long-term debt: | ||||||||||||||||||||||||||
Changes in instrument-specific credit risk(a) | 29 | — | 29 | (670 | ) | — | (670 | ) | ||||||||||||||||||
Other changes in fair value(b) | 1,471 | — | 1,471 | (957 | ) | — | (957 | ) | ||||||||||||||||||
(a) | Total changes in instrument-specific credit risk related to structured notes were $(331) million and $8 million for the three months ended September 30, 2013 and 2012, and $51 million and $(45) million for the nine months ended September 30, 2013 and 2012, respectively. These totals include adjustments for structured notes classified within deposits and other borrowed funds, as well as long-term debt. | |||||||||||||||||||||||||
(b) | Structured notes are predominantly financial instruments containing embedded derivatives. Where present, the embedded derivative is the primary driver of risk. Although the risk associated with the structured notes is actively managed, the gains/(losses) reported in this table do not include the income statement impact of the risk management instruments used to manage such risk. | |||||||||||||||||||||||||
(c) | Reported in mortgage fees and related income. | |||||||||||||||||||||||||
(d) | Reported in other income. | |||||||||||||||||||||||||
Difference between aggregate fair value and aggregate remaining contractual principal balance outstanding | ' | |||||||||||||||||||||||||
The following table reflects the difference between the aggregate fair value and the aggregate remaining contractual principal balance outstanding as of September 30, 2013, and December 31, 2012, for loans, long-term debt and long-term beneficial interests for which the fair value option has been elected. | ||||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||||
(in millions) | Contractual principal outstanding | Fair value | Fair value over/(under) contractual principal outstanding | Contractual principal outstanding | Fair value | Fair value over/(under) contractual principal outstanding | ||||||||||||||||||||
Loans(a) | ||||||||||||||||||||||||||
Nonaccrual loans | ||||||||||||||||||||||||||
Loans reported as trading assets | $ | 5,007 | $ | 1,267 | $ | (3,740 | ) | $ | 4,217 | $ | 960 | $ | (3,257 | ) | ||||||||||||
Loans | 90 | 46 | (44 | ) | 116 | 64 | (52 | ) | ||||||||||||||||||
Subtotal | 5,097 | 1,313 | (3,784 | ) | 4,333 | 1,024 | (3,309 | ) | ||||||||||||||||||
All other performing loans | ||||||||||||||||||||||||||
Loans reported as trading assets | 37,088 | 33,697 | (3,391 | ) | 44,084 | 40,581 | (3,503 | ) | ||||||||||||||||||
Loans | 1,802 | 1,715 | (87 | ) | 2,211 | 2,099 | (112 | ) | ||||||||||||||||||
Total loans | $ | 43,987 | $ | 36,725 | $ | (7,262 | ) | $ | 50,628 | $ | 43,704 | $ | (6,924 | ) | ||||||||||||
Long-term debt | ||||||||||||||||||||||||||
Principal-protected debt | $ | 16,076 | (c) | $ | 16,499 | $ | 423 | $ | 16,541 | (c) | $ | 16,391 | $ | (150 | ) | |||||||||||
Nonprincipal-protected debt(b) | NA | 13,264 | NA | NA | 14,397 | NA | ||||||||||||||||||||
Total long-term debt | NA | $ | 29,763 | NA | NA | $ | 30,788 | NA | ||||||||||||||||||
Long-term beneficial interests | ||||||||||||||||||||||||||
Nonprincipal-protected debt(b) | NA | $ | 1,822 | NA | NA | $ | 1,170 | NA | ||||||||||||||||||
Total long-term beneficial interests | NA | $ | 1,822 | NA | NA | $ | 1,170 | NA | ||||||||||||||||||
(a) | There were no performing loans which were ninety days or more past due as of September 30, 2013, and December 31, 2012. | |||||||||||||||||||||||||
(b) | Remaining contractual principal is not applicable to nonprincipal-protected notes. Unlike principal-protected structured notes, for which the Firm is obligated to return a stated amount of principal at the maturity of the note, nonprincipal-protected structured notes do not obligate the Firm to return a stated amount of principal at maturity, but to return an amount based on the performance of an underlying variable or derivative feature embedded in the note. | |||||||||||||||||||||||||
(c) | Where the Firm issues principal-protected zero-coupon or discount notes, the balance reflected as the remaining contractual principal is the final principal payment at maturity. | |||||||||||||||||||||||||
Fair Value, Option, Structured Notes By Balance Sheet Classification And Primary Embedded Derivative Risk | ' | |||||||||||||||||||||||||
The table below presents the fair value of the structured notes issued by the Firm, by balance sheet classification and the primary risk to which the structured notes’ embedded derivative relates. | ||||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||||
(in millions) | Long-term debt | Other borrowed funds | Deposits | Total | Long-term debt | Other borrowed funds | Deposits | Total | ||||||||||||||||||
Risk exposure | ||||||||||||||||||||||||||
Interest rate | $ | 9,735 | $ | 160 | $ | 1,407 | $ | 11,302 | $ | 8,669 | $ | 1,143 | $ | 559 | $ | 10,371 | ||||||||||
Credit | 4,479 | 18 | — | 4,497 | 6,166 | — | — | 6,166 | ||||||||||||||||||
Foreign exchange | 2,467 | 140 | 22 | 2,629 | 2,819 | — | 29 | 2,848 | ||||||||||||||||||
Equity | 11,744 | 11,524 | 3,756 | 27,024 | 11,580 | 9,809 | 2,972 | 24,361 | ||||||||||||||||||
Commodity | 1,203 | 355 | 1,597 | 3,155 | 1,379 | 332 | 1,555 | 3,266 | ||||||||||||||||||
Total structured notes | $ | 29,628 | $ | 12,197 | $ | 6,782 | $ | 48,607 | $ | 30,613 | $ | 11,284 | $ | 5,115 | $ | 47,012 | ||||||||||
Derivative_Instruments_Tables
Derivative Instruments (Tables) | 9 Months Ended | |||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||
Derivative Instruments and Hedging Activities Disclosure [Abstract] | ' | |||||||||||||||||||||||||
Notional amount of derivative contracts | ' | |||||||||||||||||||||||||
The following table summarizes the notional amount of derivative contracts outstanding as of September 30, 2013, and December 31, 2012. | ||||||||||||||||||||||||||
Notional amounts(c) | ||||||||||||||||||||||||||
(in billions) | September 30, | 31-Dec-12 | ||||||||||||||||||||||||
2013 | ||||||||||||||||||||||||||
Interest rate contracts | ||||||||||||||||||||||||||
Swaps(a) | $ | 36,411 | $ | 33,129 | ||||||||||||||||||||||
Futures and forwards | 12,124 | 11,824 | ||||||||||||||||||||||||
Written options | 4,164 | 3,866 | ||||||||||||||||||||||||
Purchased options | 4,281 | 3,911 | ||||||||||||||||||||||||
Total interest rate contracts | 56,980 | 52,730 | ||||||||||||||||||||||||
Credit derivatives(b) | 5,944 | 5,981 | ||||||||||||||||||||||||
Foreign exchange contracts | ||||||||||||||||||||||||||
Cross-currency swaps(a) | 3,544 | 3,409 | ||||||||||||||||||||||||
Spot, futures and forwards | 3,956 | 4,033 | ||||||||||||||||||||||||
Written options | 733 | 651 | ||||||||||||||||||||||||
Purchased options | 726 | 661 | ||||||||||||||||||||||||
Total foreign exchange contracts | 8,959 | 8,754 | ||||||||||||||||||||||||
Equity contracts | ||||||||||||||||||||||||||
Swaps | 204 | 163 | ||||||||||||||||||||||||
Futures and forwards | 45 | 49 | ||||||||||||||||||||||||
Written options | 414 | 442 | ||||||||||||||||||||||||
Purchased options | 462 | 403 | ||||||||||||||||||||||||
Total equity contracts | 1,125 | 1,057 | ||||||||||||||||||||||||
Commodity contracts | ||||||||||||||||||||||||||
Swaps(a) | 256 | 312 | ||||||||||||||||||||||||
Spot, futures and forwards | 133 | 190 | ||||||||||||||||||||||||
Written options(a) | 239 | 262 | ||||||||||||||||||||||||
Purchased options | 226 | 260 | ||||||||||||||||||||||||
Total commodity contracts | 854 | 1,024 | ||||||||||||||||||||||||
Total derivative notional amounts | $ | 73,862 | $ | 69,546 | ||||||||||||||||||||||
(a) | The prior period amounts have been revised. This revision had no impact on the Firm’s Consolidated Balance Sheets or its results of operations. | |||||||||||||||||||||||||
(b) | Primarily consists of credit default swaps. For more information on volumes and types of credit derivative contracts, see the Credit derivatives discussion on pages 143–144 of this Note. | |||||||||||||||||||||||||
(c) | Represents the sum of gross long and gross short third-party notional derivative contracts. | |||||||||||||||||||||||||
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | ' | |||||||||||||||||||||||||
The following table summarizes information on derivative receivables and payables (before and after netting adjustments) that are reflected on the Firm’s Consolidated Balance Sheets as of September 30, 2013, and December 31, 2012, by accounting designation (e.g., whether the derivatives were designated in qualifying hedge accounting relationships or not) and contract type. | ||||||||||||||||||||||||||
Derivative receivables and payables(a) | ||||||||||||||||||||||||||
Gross derivative receivables | Gross derivative payables | |||||||||||||||||||||||||
30-Sep-13 | Not designated as hedges | Designated as hedges | Total derivative receivables | Net derivative receivables(c) | Not designated as hedges | Designated | Total derivative payables | Net derivative payables(c) | ||||||||||||||||||
(in millions) | as hedges | |||||||||||||||||||||||||
Trading assets and liabilities | ||||||||||||||||||||||||||
Interest rate | $ | 928,832 | $ | 3,590 | $ | 932,422 | $ | 29,346 | $ | 895,512 | $ | 4,168 | $ | 899,680 | $ | 16,393 | ||||||||||
Credit | 85,875 | — | 85,875 | 2,102 | 84,512 | — | 84,512 | 2,533 | ||||||||||||||||||
Foreign exchange | 167,365 | 1,020 | 168,385 | 13,505 | 181,906 | 2,052 | 183,958 | 16,869 | ||||||||||||||||||
Equity | 54,992 | — | 54,992 | 12,951 | 58,899 | — | 58,899 | 15,811 | ||||||||||||||||||
Commodity | 38,018 | 1,410 | 39,428 | 8,884 | 40,780 | 34 | 40,814 | 9,179 | ||||||||||||||||||
Total fair value of trading assets and liabilities | $ | 1,275,082 | $ | 6,020 | $ | 1,281,102 | $ | 66,788 | $ | 1,261,609 | $ | 6,254 | $ | 1,267,863 | $ | 60,785 | ||||||||||
Gross derivative receivables | Gross derivative payables | |||||||||||||||||||||||||
31-Dec-12 | Not designated as hedges | Designated as hedges | Total derivative receivables | Net derivative receivables(c) | Not designated as hedges | Designated | Total derivative payables | Net derivative payables(c) | ||||||||||||||||||
(in millions) | as hedges | |||||||||||||||||||||||||
Trading assets and liabilities | ||||||||||||||||||||||||||
Interest rate(b) | $ | 1,296,503 | $ | 6,064 | $ | 1,302,567 | $ | 39,205 | $ | 1,257,599 | $ | 3,120 | $ | 1,260,719 | $ | 24,906 | ||||||||||
Credit | 100,310 | — | 100,310 | 1,735 | 100,027 | — | 100,027 | 2,504 | ||||||||||||||||||
Foreign exchange(b) | 173,363 | 1,577 | 174,940 | 14,142 | 186,404 | 2,133 | 188,537 | 18,601 | ||||||||||||||||||
Equity(b) | 42,662 | — | 42,662 | 9,266 | 44,534 | — | 44,534 | 11,819 | ||||||||||||||||||
Commodity(b) | 43,216 | 586 | 43,802 | 10,635 | 46,998 | 644 | 47,642 | 12,826 | ||||||||||||||||||
Total fair value of trading assets and liabilities | $ | 1,656,054 | $ | 8,227 | $ | 1,664,281 | $ | 74,983 | $ | 1,635,562 | $ | 5,897 | $ | 1,641,459 | $ | 70,656 | ||||||||||
(a) | Balances exclude structured notes for which the fair value option has been elected. See Note 4 on pages 130–132 of this Form 10-Q for further information. | |||||||||||||||||||||||||
(b) | The prior period amounts have been revised. This revision had no impact on the Firm’s Consolidated Balance Sheets or its results of operations. | |||||||||||||||||||||||||
(c) | As permitted under U.S. GAAP, the Firm has elected to net derivative receivables and derivative payables and the related cash collateral receivables and payables when a legally enforceable master netting agreement exists. | |||||||||||||||||||||||||
Offsetting Assets | ' | |||||||||||||||||||||||||
The following table presents, as of September 30, 2013, and December 31, 2012, the gross and net derivative receivables by contract and settlement type. Derivative receivables have been netted on the Consolidated Balance Sheets against derivative payables to the same counterparty with respect to derivative contracts for which the Firm has obtained an appropriate legal opinion with respect to the master netting agreement. Where such a legal opinion has not been either sought or obtained, the receivables are not eligible under U.S. GAAP for netting against related derivative payables on the Consolidated Balance Sheets, and are shown separately in the table below. | ||||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | |||||||||||||||||||||||||
(in millions) | Gross derivative receivables | Amounts netted on the Consolidated balance sheets | Net derivative receivables | Gross derivative receivables | Amounts netted on the Consolidated balance sheets | Net derivative receivables | ||||||||||||||||||||
U.S. GAAP nettable derivative receivables | ||||||||||||||||||||||||||
Interest rate contracts: | ||||||||||||||||||||||||||
Over–the–counter (“OTC”)(a) | $ | 548,471 | $ | (525,669 | ) | $ | 22,802 | $ | 794,517 | $ | (771,684 | ) | $ | 22,833 | ||||||||||||
OTC–cleared | 377,429 | (377,407 | ) | 22 | 491,947 | (491,678 | ) | 269 | ||||||||||||||||||
Exchange traded(b) | — | — | — | — | — | — | ||||||||||||||||||||
Total interest rate contracts | 925,900 | (903,076 | ) | 22,824 | 1,286,464 | (1,263,362 | ) | 23,102 | ||||||||||||||||||
Credit contracts: | ||||||||||||||||||||||||||
OTC | 72,837 | (71,697 | ) | 1,140 | 90,744 | (90,104 | ) | 640 | ||||||||||||||||||
OTC–cleared | 12,310 | (12,076 | ) | 234 | 8,471 | (8,471 | ) | — | ||||||||||||||||||
Total credit contracts | 85,147 | (83,773 | ) | 1,374 | 99,215 | (98,575 | ) | 640 | ||||||||||||||||||
Foreign exchange contracts: | ||||||||||||||||||||||||||
OTC(a) | 163,943 | (154,792 | ) | 9,151 | 168,740 | (160,775 | ) | 7,965 | ||||||||||||||||||
OTC–cleared | 88 | (88 | ) | — | 23 | (23 | ) | — | ||||||||||||||||||
Exchange traded(b) | — | — | — | — | — | — | ||||||||||||||||||||
Total foreign exchange contracts | 164,031 | (154,880 | ) | 9,151 | 168,763 | (160,798 | ) | 7,965 | ||||||||||||||||||
Equity contracts: | ||||||||||||||||||||||||||
OTC | 33,122 | (29,552 | ) | 3,570 | 26,008 | (24,628 | ) | 1,380 | ||||||||||||||||||
OTC–cleared | — | — | — | — | — | — | ||||||||||||||||||||
Exchange traded(b) | 20,602 | (12,489 | ) | 8,113 | 12,841 | (8,768 | ) | 4,073 | ||||||||||||||||||
Total equity contracts | 53,724 | (42,041 | ) | 11,683 | 38,849 | (33,396 | ) | 5,453 | ||||||||||||||||||
Commodity contracts: | ||||||||||||||||||||||||||
OTC(a) | 21,532 | (15,505 | ) | 6,027 | 26,881 | (20,760 | ) | 6,121 | ||||||||||||||||||
OTC–cleared | — | — | — | — | — | — | ||||||||||||||||||||
Exchange traded(b) | 16,670 | (15,039 | ) | 1,631 | 15,108 | (12,407 | ) | 2,701 | ||||||||||||||||||
Total commodity contracts | 38,202 | (30,544 | ) | 7,658 | 41,989 | (33,167 | ) | 8,822 | ||||||||||||||||||
Derivative receivables with appropriate legal opinion | $ | 1,267,004 | $ | (1,214,314 | ) | (c) | $ | 52,690 | $ | 1,635,280 | $ | (1,589,298 | ) | (c) | $ | 45,982 | ||||||||||
Derivative receivables where an appropriate legal opinion has not been either sought or obtained | 14,098 | 14,098 | 29,001 | 29,001 | ||||||||||||||||||||||
Total derivative receivables recognized on the Consolidated Balance Sheets | $ | 1,281,102 | $ | 66,788 | $ | 1,664,281 | $ | 74,983 | ||||||||||||||||||
(a) | The prior period amounts have been revised. This revision had no impact on the Firm’s Consolidated Balance Sheets or its results of operations. | |||||||||||||||||||||||||
(b) | Exchange traded derivative amounts that relate to futures contracts are settled daily. | |||||||||||||||||||||||||
(c) | Included cash collateral netted of $63.1 billion and $79.2 billion at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||
Offsetting Liabilities | ' | |||||||||||||||||||||||||
The following table presents, as of September 30, 2013, and December 31, 2012, the gross and net derivative payables by contract and settlement type. Derivative payables have been netted on the Consolidated Balance Sheets against derivative receivables to the same counterparty with respect to derivative contracts for which the Firm has obtained an appropriate legal opinion with respect to the master netting agreement. Where such a legal opinion has not been either sought or obtained, the payables are not eligible under U.S. GAAP for netting against related derivative receivables on the Consolidated Balance Sheets, and are shown separately in the table below. | ||||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | |||||||||||||||||||||||||
(in millions) | Gross derivative payables | Amounts netted on the Consolidated balance sheets | Net derivative payables | Gross derivative payables | Amounts netted on the Consolidated balance sheets | Net derivative payables | ||||||||||||||||||||
U.S. GAAP nettable derivative payables | ||||||||||||||||||||||||||
Interest rate contracts: | ||||||||||||||||||||||||||
OTC(a) | $ | 529,210 | $ | (514,932 | ) | $ | 14,278 | $ | 774,769 | $ | (754,050 | ) | $ | 20,719 | ||||||||||||
OTC–cleared | 368,886 | (368,355 | ) | 531 | 482,018 | (481,763 | ) | 255 | ||||||||||||||||||
Exchange traded(b) | — | — | — | — | — | — | ||||||||||||||||||||
Total interest rate contracts | 898,096 | (883,287 | ) | 14,809 | 1,256,787 | (1,235,813 | ) | 20,974 | ||||||||||||||||||
Credit contracts: | ||||||||||||||||||||||||||
OTC | 71,339 | (69,751 | ) | 1,588 | 89,170 | (88,151 | ) | 1,019 | ||||||||||||||||||
OTC–cleared | 12,432 | (12,228 | ) | 204 | 9,372 | (9,372 | ) | — | ||||||||||||||||||
Total credit contracts | 83,771 | (81,979 | ) | 1,792 | 98,542 | (97,523 | ) | 1,019 | ||||||||||||||||||
Foreign exchange contracts: | ||||||||||||||||||||||||||
OTC(a) | 178,304 | (166,977 | ) | 11,327 | 181,166 | (169,913 | ) | 11,253 | ||||||||||||||||||
OTC–cleared | 113 | (112 | ) | 1 | 29 | (23 | ) | 6 | ||||||||||||||||||
Exchange traded(b) | — | — | — | — | — | — | ||||||||||||||||||||
Total foreign exchange contracts | 178,417 | (167,089 | ) | 11,328 | 181,195 | (169,936 | ) | 11,259 | ||||||||||||||||||
Equity contracts: | ||||||||||||||||||||||||||
OTC | 34,416 | (30,599 | ) | 3,817 | 28,320 | (23,948 | ) | 4,372 | ||||||||||||||||||
OTC–cleared | — | — | — | — | — | — | ||||||||||||||||||||
Exchange traded(b) | 19,623 | (12,489 | ) | 7,134 | 12,000 | (8,767 | ) | 3,233 | ||||||||||||||||||
Total equity contracts | 54,039 | (43,088 | ) | 10,951 | 40,320 | (32,715 | ) | 7,605 | ||||||||||||||||||
Commodity contracts: | ||||||||||||||||||||||||||
OTC(a) | 20,642 | (16,596 | ) | 4,046 | 28,761 | (22,409 | ) | 6,352 | ||||||||||||||||||
OTC–cleared | — | — | — | — | — | — | ||||||||||||||||||||
Exchange traded(b) | 16,397 | (15,039 | ) | 1,358 | 14,488 | (12,407 | ) | 2,081 | ||||||||||||||||||
Total commodity contracts | 37,039 | (31,635 | ) | 5,404 | 43,249 | (34,816 | ) | 8,433 | ||||||||||||||||||
Derivative payables with appropriate legal opinions | $ | 1,251,362 | $ | (1,207,078 | ) | (c) | $ | 44,284 | $ | 1,620,093 | $ | (1,570,803 | ) | (c) | $ | 49,290 | ||||||||||
Derivative payables where an appropriate legal opinion has not been either sought or obtained | 16,501 | 16,501 | 21,366 | 21,366 | ||||||||||||||||||||||
Total derivative payables recognized on the Consolidated Balance Sheets | $ | 1,267,863 | $ | 60,785 | $ | 1,641,459 | $ | 70,656 | ||||||||||||||||||
(a) | The prior period amounts have been revised. This revision had no impact on the Firm’s Consolidated Balance Sheets or its results of operations. | |||||||||||||||||||||||||
(b) | Exchange traded derivative balances that relate to futures contracts are settled daily. | |||||||||||||||||||||||||
(c) | Included cash collateral netted of $55.8 billion and $60.7 billion related to OTC and OTC-cleared derivatives at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||
Disclosure of Current Credit And Liquidity Risk of Derivatives | ' | |||||||||||||||||||||||||
The following table shows the aggregate fair value of net derivative payables related to OTC and OTC-cleared derivatives that contain contingent collateral or termination features that may be triggered upon a ratings downgrade, and the associated collateral the Firm has posted in the normal course of business, at September 30, 2013, and December 31, 2012. | ||||||||||||||||||||||||||
OTC and OTC-cleared derivative payables containing downgrade triggers | ||||||||||||||||||||||||||
(in millions) | September 30, | 31-Dec-12 | ||||||||||||||||||||||||
2013 | ||||||||||||||||||||||||||
Aggregate fair value of net derivative payables | $ | 26,608 | $ | 40,844 | ||||||||||||||||||||||
Collateral posted | 21,954 | 34,414 | ||||||||||||||||||||||||
The following table shows the impact of a single-notch and two-notch downgrade of the long-term issuer ratings of JPMorgan Chase & Co. and its subsidiaries, predominantly JPMorgan Chase Bank, National Association (“JPMorgan Chase Bank, N.A.”), at September 30, 2013, and December 31, 2012, related to OTC and OTC-cleared derivative contracts with contingent collateral or termination features that may be triggered upon a ratings downgrade. Derivatives contracts generally require additional collateral to be posted or terminations to be triggered when the predefined threshold rating is breached. A downgrade by a single rating agency that does not result in a rating lower than a preexisting corresponding rating provided by another major rating agency will generally not result in additional collateral, except in certain instances in which additional initial margin may be required upon a ratings downgrade, or termination payment requirements. The liquidity impact in the table is calculated based upon a downgrade below the lowest current rating of the rating agencies referred to in the derivative contract. | ||||||||||||||||||||||||||
Liquidity impact of downgrade triggers on OTC and | ||||||||||||||||||||||||||
OTC-cleared derivatives | ||||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | |||||||||||||||||||||||||
(in millions) | Single-notch downgrade | Two-notch downgrade | Single-notch downgrade | Two-notch downgrade | ||||||||||||||||||||||
Amount of additional collateral to be posted upon downgrade(a) | $ | 947 | $ | 3,334 | $ | 1,234 | $ | 4,090 | ||||||||||||||||||
Amount required to settle contracts with termination triggers upon downgrade(b) | 673 | 1,014 | 857 | 1,270 | ||||||||||||||||||||||
(a) | Includes the additional collateral to be posted for initial margin. Prior period amounts have been revised to conform with the current presentation. | |||||||||||||||||||||||||
(b) | Amounts represent fair value of derivative payables, and do not reflect collateral posted. | |||||||||||||||||||||||||
The following tables present information regarding certain non-cash financial instrument collateral received and transferred as of September 30, 2013, and December 31, 2012, that is not eligible for net presentation under U.S. GAAP. The collateral included in these tables relates only to the derivative instruments with appropriate legal opinions and excludes additional collateral that exceeds the fair value exposure and excludes all collateral related to derivative instruments where an appropriate legal opinion has not been either sought or obtained. | ||||||||||||||||||||||||||
Derivative receivable collateral | ||||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | |||||||||||||||||||||||||
(in millions) | Net derivative receivables | Collateral not nettable on the Consolidated balance sheets | Net exposure | Net derivative receivables | Collateral not nettable on the Consolidated balance sheets | Net exposure | ||||||||||||||||||||
Derivative receivables with appropriate legal opinions | $ | 52,690 | $ | (10,131 | ) | (a) | $ | 42,559 | $ | 45,982 | $ | (11,350 | ) | (a) | $ | 34,632 | ||||||||||
Derivative payable collateral(b) | ||||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | |||||||||||||||||||||||||
(in millions) | Net derivative payables | Collateral not nettable on the Consolidated balance sheets | Net amount(c) | Net derivative payables | Collateral not nettable on the Consolidated balance sheets | Net amount(c) | ||||||||||||||||||||
Derivative payables with appropriate legal opinions | $ | 44,284 | $ | (8,538 | ) | (a) | $ | 35,746 | $ | 49,290 | $ | (20,109 | ) | (a) | $ | 29,181 | ||||||||||
(a) | Represents liquid security collateral as well as cash collateral held at third party custodians. For some counterparties, the collateral amounts of financial instruments may exceed the derivative receivables and derivative payables balances. Where this is the case, the total amount reported is limited to the net derivative receivables and net derivative payables balances with that counterparty. | |||||||||||||||||||||||||
(b) | Derivative payable collateral relates only to OTC and OTC-cleared derivative instruments. Amounts exclude collateral transferred related to exchange-traded derivative instruments. | |||||||||||||||||||||||||
(c) | Net amount represents exposure of counterparties to the Firm. | |||||||||||||||||||||||||
Disclosure of Fair value hedge gains and losses | ' | |||||||||||||||||||||||||
The following tables present derivative instruments, by contract type, used in fair value hedge accounting relationships, as well as pretax gains/(losses) recorded on such derivatives and the related hedged items for the three and nine months ended September 30, 2013 and 2012, respectively. The Firm includes gains/(losses) on the hedging derivative and the related hedged item in the same line item in the Consolidated Statements of Income, primarily principal transactions revenue and net interest income. For additional information regarding amounts recorded in principal transactions revenue, see Note 6 on pages 145–146 of this Form 10-Q. | ||||||||||||||||||||||||||
Gains/(losses) recorded in income | Income statement impact due to: | |||||||||||||||||||||||||
Three months ended September 30, 2013 (in millions) | Derivatives | Hedged items | Total income statement impact | Hedge ineffectiveness(d) | Excluded components(e) | |||||||||||||||||||||
Contract type | ||||||||||||||||||||||||||
Interest rate(a) | $ | (151 | ) | $ | 484 | $ | 333 | $ | (18 | ) | $ | 351 | ||||||||||||||
Foreign exchange(b) | (3,766 | ) | 3,701 | (65 | ) | — | (65 | ) | ||||||||||||||||||
Commodity(c) | (842 | ) | 547 | (295 | ) | 18 | (313 | ) | ||||||||||||||||||
Total | $ | (4,759 | ) | $ | 4,732 | $ | (27 | ) | $ | — | $ | (27 | ) | |||||||||||||
Gains/(losses) recorded in income | Income statement impact due to: | |||||||||||||||||||||||||
Three months ended September 30, 2012 (in millions) | Derivatives | Hedged items | Total income statement impact | Hedge ineffectiveness(d) | Excluded components(e) | |||||||||||||||||||||
Contract type | ||||||||||||||||||||||||||
Interest rate(a) | $ | (187 | ) | $ | 281 | $ | 94 | $ | (35 | ) | $ | 129 | ||||||||||||||
Foreign exchange(b) | (2,580 | ) | 2,521 | (59 | ) | — | (59 | ) | ||||||||||||||||||
Commodity(c) | (2,485 | ) | 1,685 | (800 | ) | (9 | ) | (791 | ) | |||||||||||||||||
Total | $ | (5,252 | ) | $ | 4,487 | $ | (765 | ) | $ | (44 | ) | $ | (721 | ) | ||||||||||||
Gains/(losses) recorded in income | Income statement impact due to: | |||||||||||||||||||||||||
Nine months ended September 30, 2013 (in millions) | Derivatives | Hedged items | Total income statement impact | Hedge ineffectiveness(d) | Excluded components(e) | |||||||||||||||||||||
Contract type | ||||||||||||||||||||||||||
Interest rate(a) | $ | (2,757 | ) | $ | 3,793 | $ | 1,036 | $ | (118 | ) | $ | 1,154 | ||||||||||||||
Foreign exchange(b) | 267 | (419 | ) | (152 | ) | — | (152 | ) | ||||||||||||||||||
Commodity(c) | 366 | (1,265 | ) | (899 | ) | 6 | (905 | ) | ||||||||||||||||||
Total | $ | (2,124 | ) | $ | 2,109 | $ | (15 | ) | $ | (112 | ) | $ | 97 | |||||||||||||
Gains/(losses) recorded in income | Income statement impact due to: | |||||||||||||||||||||||||
Nine months ended September 30, 2012 (in millions) | Derivatives | Hedged items | Total income statement impact | Hedge ineffectiveness(d) | Excluded components(e) | |||||||||||||||||||||
Contract type | ||||||||||||||||||||||||||
Interest rate(a) | $ | (800 | ) | $ | 1,171 | $ | 371 | $ | — | $ | 371 | |||||||||||||||
Foreign exchange(b) | (1,104 | ) | 950 | (154 | ) | — | (154 | ) | ||||||||||||||||||
Commodity(c) | (3,265 | ) | 2,186 | (1,079 | ) | 44 | (1,123 | ) | ||||||||||||||||||
Total | $ | (5,169 | ) | $ | 4,307 | $ | (862 | ) | $ | 44 | $ | (906 | ) | |||||||||||||
(a) | Primarily consists of hedges of the benchmark (e.g., London Interbank Offered Rate (“LIBOR”)) interest rate risk of fixed-rate long-term debt and AFS securities. Gains and losses were recorded in net interest income. The current presentation excludes accrued interest. Prior period amounts have been revised to conform with the current presentation. | |||||||||||||||||||||||||
(b) | Primarily consists of hedges of the foreign currency risk of long-term debt and AFS securities for changes in spot foreign currency rates. Gains and losses related to the derivatives and the hedged items, due to changes in foreign currency rates, were recorded in principal transactions revenue and net interest income. | |||||||||||||||||||||||||
(c) | Consists of overall fair value hedges of physical commodities inventories that are generally carried at the lower of cost or market (market approximates fair value). Gains and losses were recorded in principal transactions revenue. | |||||||||||||||||||||||||
(d) | Hedge ineffectiveness is the amount by which the gain or loss on the designated derivative instrument does not exactly offset the gain or loss on the hedged item attributable to the hedged risk. | |||||||||||||||||||||||||
(e) | The assessment of hedge effectiveness excludes certain components of the changes in fair values of the derivatives and hedged items such as forward points on foreign exchange forward contracts and time values. | |||||||||||||||||||||||||
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) | ' | |||||||||||||||||||||||||
The following tables present derivative instruments, by contract type, used in cash flow hedge accounting relationships, and the pretax gains/(losses) recorded on such derivatives, for the three and nine months ended September 30, 2013 and 2012. The Firm includes the gain/(loss) on the hedging derivative and the change in cash flows on the hedged item in the same line item in the Consolidated Statements of Income. | ||||||||||||||||||||||||||
Gains/(losses) recorded in income and other comprehensive income/(loss)(c) | ||||||||||||||||||||||||||
Three months ended September 30, 2013 (in millions) | Derivatives – effective portion reclassified from AOCI to income | Hedge ineffectiveness recorded directly in income(d) | Total income statement impact | Derivatives – effective portion recorded in OCI | Total change | |||||||||||||||||||||
in OCI | ||||||||||||||||||||||||||
for period | ||||||||||||||||||||||||||
Contract type | ||||||||||||||||||||||||||
Interest rate(a) | $ | (15 | ) | $ | — | $ | (15 | ) | $ | (3 | ) | $ | 12 | |||||||||||||
Foreign exchange(b) | 8 | — | 8 | 109 | 101 | |||||||||||||||||||||
Total | $ | (7 | ) | $ | — | $ | (7 | ) | $ | 106 | $ | 113 | ||||||||||||||
Gains/(losses) recorded in income and other comprehensive income/(loss)(c) | ||||||||||||||||||||||||||
Three months ended September 30, 2012 (in millions) | Derivatives – effective portion reclassified from AOCI to income | Hedge ineffectiveness recorded directly in income(d) | Total income statement impact | Derivatives – effective portion recorded in OCI | Total change | |||||||||||||||||||||
in OCI | ||||||||||||||||||||||||||
for period | ||||||||||||||||||||||||||
Contract type | ||||||||||||||||||||||||||
Interest rate(a) | $ | 5 | $ | — | $ | 5 | $ | (11 | ) | $ | (16 | ) | ||||||||||||||
Foreign exchange(b) | 14 | — | 14 | 67 | 53 | |||||||||||||||||||||
Total | $ | 19 | $ | — | $ | 19 | $ | 56 | $ | 37 | ||||||||||||||||
Gains/(losses) recorded in income and other comprehensive income/(loss)(c) | ||||||||||||||||||||||||||
Nine months ended September 30, 2013 (in millions) | Derivatives – effective portion reclassified from AOCI to income | Hedge ineffectiveness recorded directly in income(d) | Total income statement impact | Derivatives – effective portion recorded in OCI | Total change | |||||||||||||||||||||
in OCI | ||||||||||||||||||||||||||
for period | ||||||||||||||||||||||||||
Contract type | ||||||||||||||||||||||||||
Interest rate(a) | $ | (56 | ) | $ | — | $ | (56 | ) | $ | (529 | ) | $ | (473 | ) | ||||||||||||
Foreign exchange(b) | (14 | ) | — | (14 | ) | (7 | ) | 7 | ||||||||||||||||||
Total | $ | (70 | ) | $ | — | $ | (70 | ) | $ | (536 | ) | $ | (466 | ) | ||||||||||||
Gains/(losses) recorded in income and other comprehensive income/(loss)(c) | ||||||||||||||||||||||||||
Nine months ended September 30, 2012 (in millions) | Derivatives – effective portion reclassified from AOCI to income | Hedge ineffectiveness recorded directly in income(d) | Total income statement impact | Derivatives – effective portion recorded in OCI | Total change | |||||||||||||||||||||
in OCI | ||||||||||||||||||||||||||
for period | ||||||||||||||||||||||||||
Contract type | ||||||||||||||||||||||||||
Interest rate(a) | $ | 33 | $ | 5 | $ | 38 | $ | 9 | $ | (24 | ) | |||||||||||||||
Foreign exchange(b) | 11 | — | 11 | 134 | 123 | |||||||||||||||||||||
Total | $ | 44 | $ | 5 | $ | 49 | $ | 143 | $ | 99 | ||||||||||||||||
(a) | Primarily consists of benchmark interest rate hedges of LIBOR-indexed floating-rate assets and floating-rate liabilities. Gains and losses were recorded in net interest income. | |||||||||||||||||||||||||
(b) | Primarily consists of hedges of the foreign currency risk of non-U.S. dollar-denominated revenue and expense. The income statement classification of gains and losses follows the hedged item – primarily net interest income, noninterest revenue and compensation expense. | |||||||||||||||||||||||||
(c) | The Firm did not experience any forecasted transactions that failed to occur for the three and nine months ended September 30, 2013 and 2012. | |||||||||||||||||||||||||
(d) | Hedge ineffectiveness is the amount by which the cumulative gain or loss on the designated derivative instrument exceeds the present value of the cumulative expected change in cash flows on the hedged item attributable to the hedged risk. | |||||||||||||||||||||||||
Schedule of Net Investment Hedges in Accumulated Other Comprehensive Income (Loss) | ' | |||||||||||||||||||||||||
The following table presents hedging instruments, by contract type, that were used in net investment hedge accounting relationships, and the pretax gains/(losses) recorded on such instruments for the three and nine months ended September 30, 2013 and 2012. | ||||||||||||||||||||||||||
Gains/(losses) recorded in income and | ||||||||||||||||||||||||||
other comprehensive income/(loss) | ||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||
Three months ended September 30, | Excluded components recorded directly | Effective portion recorded in OCI | Excluded components | Effective portion recorded in OCI | ||||||||||||||||||||||
(in millions) | in income(a) | recorded directly | ||||||||||||||||||||||||
in income(a) | ||||||||||||||||||||||||||
Foreign exchange derivatives | $ | (112 | ) | $ | (343 | ) | $ | (101 | ) | $ | (404 | ) | ||||||||||||||
Gains/(losses) recorded in income and | ||||||||||||||||||||||||||
other comprehensive income/(loss) | ||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||
Nine months ended September 30, | Excluded components recorded directly | Effective portion recorded in OCI | Excluded components | Effective portion recorded in OCI | ||||||||||||||||||||||
(in millions) | in income(a) | recorded directly | ||||||||||||||||||||||||
in income(a) | ||||||||||||||||||||||||||
Foreign exchange derivatives | $ | (274 | ) | $ | 648 | $ | (236 | ) | $ | (191 | ) | |||||||||||||||
(a) | Certain components of hedging derivatives are permitted to be excluded from the assessment of hedge effectiveness, such as forward points on foreign exchange forward contracts. Amounts related to excluded components are recorded in current-period income. The Firm measures the ineffectiveness of net investment hedge accounting relationships based on changes in spot foreign currency rates, and therefore there was no ineffectiveness for net investment hedge accounting relationships during the three and nine months ended September 30, 2013 and 2012. | |||||||||||||||||||||||||
Schedule of Price Risk Derivatives | ' | |||||||||||||||||||||||||
The following table presents pretax gains/(losses) recorded on a limited number of derivatives, not designated in hedge accounting relationships, that are used to manage risks associated with certain specified assets and liabilities, including certain risks arising from the mortgage pipeline, warehouse loans, MSRs, wholesale lending exposures, AFS securities, foreign currency-denominated liabilities, and commodities-related contracts and investments. | ||||||||||||||||||||||||||
Derivatives gains/(losses) | ||||||||||||||||||||||||||
recorded in income | ||||||||||||||||||||||||||
Three months ended | Nine months ended | |||||||||||||||||||||||||
September 30, | September 30, | |||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||
Contract type | ||||||||||||||||||||||||||
Interest rate(a) | $ | (40 | ) | $ | 1,458 | $ | 687 | $ | 4,301 | |||||||||||||||||
Credit(b) | (32 | ) | (48 | ) | (71 | ) | (135 | ) | ||||||||||||||||||
Foreign exchange(c) | — | — | 1 | 47 | ||||||||||||||||||||||
Commodity(d) | 34 | 87 | 108 | 90 | ||||||||||||||||||||||
Total | $ | (38 | ) | $ | 1,497 | $ | 725 | $ | 4,303 | |||||||||||||||||
(a) | Primarily relates to interest rate derivatives used to hedge the interest rate risks associated with the mortgage pipeline, warehouse loans and MSRs. Gains and losses were recorded predominantly in mortgage fees and related income. | |||||||||||||||||||||||||
(b) | Relates to credit derivatives used to mitigate credit risk associated with lending exposures in the Firm’s wholesale businesses, and single-name credit derivatives used to mitigate credit risk arising from certain AFS securities. These derivatives do not include the synthetic credit portfolio or credit derivatives used to mitigate counterparty credit risk arising from derivative receivables, both of which are included in gains and losses on derivatives related to market-making activities and other derivatives. Gains and losses were recorded in principal transactions revenue. | |||||||||||||||||||||||||
(c) | Primarily relates to hedges of the foreign exchange risk of specified foreign currency-denominated liabilities. Gains and losses were recorded in principal transactions revenue and net interest income. | |||||||||||||||||||||||||
(d) | Primarily relates to commodity derivatives used to mitigate energy price risk associated with energy-related contracts and investments. Gains and losses were recorded in principal transactions revenue. | |||||||||||||||||||||||||
Disclosure of Credit Derivatives | ' | |||||||||||||||||||||||||
The following tables present a summary of the notional amounts of credit derivatives and credit-related notes the Firm sold and purchased as of September 30, 2013, and December 31, 2012. Upon a credit event, the Firm as a seller of protection would typically pay out only a percentage of the full notional amount as the amount actually required to be paid on the contracts takes into account the recovery value of the reference obligation at the time of settlement. The Firm manages the credit risk on contracts to sell protection by purchasing protection with identical or similar underlying reference entities. Other purchased protection referenced in the following tables includes credit derivatives bought on related, but not identical, reference positions (including indices, portfolio coverage and other reference points) as well as protection purchased through credit-related notes. | ||||||||||||||||||||||||||
The Firm does not use notional amounts of credit derivatives as the primary measure of risk management for such derivatives, because the notional amount does not take into account the probability of the occurrence of a credit event, the recovery value of the reference obligation, or related cash instruments and economic hedges, each of which reduces, in the Firm’s view, the risks associated with such derivatives. | ||||||||||||||||||||||||||
Total credit derivatives and credit-related notes | ||||||||||||||||||||||||||
Maximum payout/Notional amount | ||||||||||||||||||||||||||
September 30, 2013 (in millions) | Protection sold | Protection purchased with | Net protection (sold)/purchased(c) | Other protection purchased(d) | ||||||||||||||||||||||
identical underlyings(b) | ||||||||||||||||||||||||||
Credit derivatives | ||||||||||||||||||||||||||
Credit default swaps | $ | (2,920,641 | ) | $ | 2,911,245 | $ | (9,396 | ) | $ | 10,331 | ||||||||||||||||
Other credit derivatives(a) | (65,049 | ) | 7,635 | (57,414 | ) | 28,881 | ||||||||||||||||||||
Total credit derivatives | (2,985,690 | ) | 2,918,880 | (66,810 | ) | 39,212 | ||||||||||||||||||||
Credit-related notes | (108 | ) | — | (108 | ) | 2,762 | ||||||||||||||||||||
Total | $ | (2,985,798 | ) | $ | 2,918,880 | $ | (66,918 | ) | $ | 41,974 | ||||||||||||||||
Maximum payout/Notional amount | ||||||||||||||||||||||||||
December 31, 2012 (in millions) | Protection sold | Protection purchased with | Net protection (sold)/purchased(c) | Other protection purchased(d) | ||||||||||||||||||||||
identical underlyings(b) | ||||||||||||||||||||||||||
Credit derivatives | ||||||||||||||||||||||||||
Credit default swaps | $ | (2,954,705 | ) | $ | 2,879,105 | $ | (75,600 | ) | $ | 42,460 | ||||||||||||||||
Other credit derivatives(a) | (66,244 | ) | 5,649 | (60,595 | ) | 33,174 | ||||||||||||||||||||
Total credit derivatives | (3,020,949 | ) | 2,884,754 | (136,195 | ) | 75,634 | ||||||||||||||||||||
Credit-related notes | (233 | ) | — | (233 | ) | 3,255 | ||||||||||||||||||||
Total | $ | (3,021,182 | ) | $ | 2,884,754 | $ | (136,428 | ) | $ | 78,889 | ||||||||||||||||
(a) | Other credit derivatives predominantly consists of put options on fixed income portfolios. | |||||||||||||||||||||||||
(b) | Represents the total notional amount of protection purchased where the underlying reference instrument is identical to the reference instrument on protection sold; the notional amount of protection purchased for each individual identical underlying reference instrument may be greater or lower than the notional amount of protection sold. | |||||||||||||||||||||||||
(c) | Does not take into account the fair value of the reference obligation at the time of settlement, which would generally reduce the amount the seller of protection pays to the buyer of protection in determining settlement value. | |||||||||||||||||||||||||
(d) | Represents protection purchased by the Firm on referenced instruments (single-name, portfolio or index) where the Firm has not sold any protection on the identical reference instrument. | |||||||||||||||||||||||||
Protection Sold Credit Derivatives And Credit Related Notes Ratings Maturity Profile | ' | |||||||||||||||||||||||||
The following tables summarize the notional and fair value amounts of credit derivatives and credit-related notes as of September 30, 2013, and December 31, 2012, where JPMorgan Chase is the seller of protection. The maturity profile is based on the remaining contractual maturity of the credit derivative contracts. The ratings profile is based on the rating of the reference entity on which the credit derivative contract is based. The ratings and maturity profile of credit derivatives and credit-related notes where JPMorgan Chase is the purchaser of protection are comparable to the profile reflected below. | ||||||||||||||||||||||||||
Protection sold – credit derivatives and credit-related notes ratings(a)/maturity profile | ||||||||||||||||||||||||||
September 30, 2013 (in millions) | <1 year | 1–5 years | >5 years | Total | Fair value of receivables(b) | Fair value of payables(b) | Net fair value | |||||||||||||||||||
notional amount | ||||||||||||||||||||||||||
Risk rating of reference entity | ||||||||||||||||||||||||||
Investment-grade | $ | (381,410 | ) | $ | (1,613,389 | ) | $ | (162,893 | ) | $ | (2,157,692 | ) | $ | 23,902 | $ | (11,784 | ) | $ | 12,118 | |||||||
Noninvestment-grade | (176,492 | ) | (616,557 | ) | (35,057 | ) | (828,106 | ) | 23,122 | (23,549 | ) | (427 | ) | |||||||||||||
Total | $ | (557,902 | ) | $ | (2,229,946 | ) | $ | (197,950 | ) | $ | (2,985,798 | ) | $ | 47,024 | $ | (35,333 | ) | $ | 11,691 | |||||||
December 31, 2012 (in millions) | <1 year | 1–5 years | >5 years | Total | Fair value of receivables(b) | Fair value of payables(b) | Net fair value | |||||||||||||||||||
notional amount | ||||||||||||||||||||||||||
Risk rating of reference entity | ||||||||||||||||||||||||||
Investment-grade | $ | (409,748 | ) | $ | (1,383,644 | ) | $ | (224,001 | ) | $ | (2,017,393 | ) | $ | 16,690 | $ | (22,393 | ) | $ | (5,703 | ) | ||||||
Noninvestment-grade | (214,949 | ) | (722,115 | ) | (66,725 | ) | (1,003,789 | ) | 22,355 | (36,815 | ) | (14,460 | ) | |||||||||||||
Total | $ | (624,697 | ) | $ | (2,105,759 | ) | $ | (290,726 | ) | $ | (3,021,182 | ) | $ | 39,045 | $ | (59,208 | ) | $ | (20,163 | ) | ||||||
(a) | The ratings scale is based on the Firm’s internal ratings, which generally correspond to ratings as defined by S&P and Moody’s. | |||||||||||||||||||||||||
(b) | Amounts are shown on a gross basis, before the benefit of legally enforceable master netting agreements and cash collateral received by the Firm. |
Noninterest_Revenue_Tables
Noninterest Revenue (Tables) | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Noninterest Revenue (Tables) [Abstract] | ' | |||||||||||||||
Components of investment banking fees | ' | |||||||||||||||
The following table presents the components of investment banking fees. | ||||||||||||||||
Three months ended September 30, | Nine months ended | |||||||||||||||
September 30, | ||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||
Underwriting | ||||||||||||||||
Equity | $ | 333 | $ | 235 | $ | 1,063 | $ | 761 | ||||||||
Debt | 851 | 819 | 2,724 | 2,296 | ||||||||||||
Total underwriting | 1,184 | 1,054 | 3,787 | 3,057 | ||||||||||||
Advisory | 323 | 389 | 882 | 1,024 | ||||||||||||
Total investment banking fees | $ | 1,507 | $ | 1,443 | $ | 4,669 | $ | 4,081 | ||||||||
Principal transactions revenue | ' | |||||||||||||||
The following table presents all realized and unrealized gains and losses recorded in principal transactions revenue by major underlying type of risk exposures. | ||||||||||||||||
Three months ended September 30, | Nine months ended | |||||||||||||||
September 30, | ||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||
Trading revenue by risk exposure | ||||||||||||||||
Interest rate(a) | $ | 373 | $ | 1,064 | $ | 1,526 | $ | 3,637 | ||||||||
Credit(b) | 442 | (667 | ) | 2,320 | (5,234 | ) | ||||||||||
Foreign exchange | 283 | 384 | 1,326 | 1,177 | ||||||||||||
Equity | 564 | 734 | 2,574 | 2,269 | ||||||||||||
Commodity(c) | 510 | 590 | 1,739 | 1,834 | ||||||||||||
Total trading revenue | 2,172 | 2,105 | 9,485 | 3,683 | ||||||||||||
Private equity gains/(losses)(d) | 490 | (58 | ) | 698 | 659 | |||||||||||
Principal transactions(e) | $ | 2,662 | $ | 2,047 | $ | 10,183 | $ | 4,342 | ||||||||
(a) | Included a pretax gain of $98 million and $663 million for the three and nine months ended September 30, 2012, respectively, reflecting the recovery on a Bear Stearns-related subordinated loan. | |||||||||||||||
(b) | Included $5.8 billion of losses incurred by CIO from the synthetic credit portfolio for the six months ended June 30, 2012, and $449 million of losses incurred by CIO from the retained index credit derivative positions for the three months ended September 30, 2012; and losses incurred by CIB from the synthetic credit portfolio. | |||||||||||||||
(c) | Includes realized gains and losses and unrealized losses on physical commodities inventories that are generally carried at the lower of cost or market (market approximates fair value), subject to any applicable fair value hedge accounting adjustments, and gains and losses on commodity derivatives and other financial instruments that are carried at fair value through income. Commodity derivatives are frequently used to manage the Firm’s risk exposure to its physical commodities inventories related to market-making and client-driven activities. Gains/(losses) related to commodity fair value hedges were $(295) million and $(800) million for the three months ended September 30, 2013 and 2012, respectively. Gains/(losses) related to commodity fair value hedges were $(899) million and $(1.1) billion for the nine months ended September 30, 2013 and 2012, respectively. | |||||||||||||||
(d) | Includes revenue on private equity investments held in the Private Equity business within Corporate/Private Equity, as well as those held in other business segments. | |||||||||||||||
(e) | Principal transactions revenue includes DVA related to structured notes and derivative liabilities measured at fair value in CIB. DVA gains/(losses) were $(397) million and $(211) million for the three months ended September 30, 2013 and 2012, respectively, and $84 million and $(363) million for the nine months ended September 30, 2013 and 2012, respectively. | |||||||||||||||
Components of asset management, administration and commissions | ' | |||||||||||||||
The following table presents the components of asset management, administration and commissions. | ||||||||||||||||
Three months ended September 30, | Nine months ended | |||||||||||||||
September 30, | ||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||
Asset management(a) | ||||||||||||||||
Investment management fees(b) | $ | 1,962 | $ | 1,633 | $ | 5,735 | $ | 4,785 | ||||||||
All other asset management fees(c) | 117 | 110 | 381 | 241 | ||||||||||||
Total asset management fees | 2,079 | 1,743 | 6,116 | 5,026 | ||||||||||||
Total administration fees(d) | 511 | 515 | 1,587 | 1,609 | ||||||||||||
Commission and other fees | ||||||||||||||||
Brokerage commissions | 569 | 506 | 1,774 | 1,746 | ||||||||||||
All other commissions and fees | 508 | 572 | 1,654 | 1,808 | ||||||||||||
Total commissions and fees | 1,077 | 1,078 | 3,428 | 3,554 | ||||||||||||
Total asset management, administration and commissions | $ | 3,667 | $ | 3,336 | $ | 11,131 | $ | 10,189 | ||||||||
(a) | The Firm has contractual arrangements with third parties to provide certain services in connection with its asset management activities. Generally, amounts paid to third-party service providers are expensed, such that asset management fees are recorded gross of payments made to third parties. | |||||||||||||||
(b) | Represents fees earned from managing assets on behalf of Firm clients, including investors in Firm-sponsored funds and owners of separately managed investment accounts. | |||||||||||||||
(c) | Represents fees for services that are ancillary to investment management services, such as commissions earned on the sales or distribution of mutual funds to clients. | |||||||||||||||
(d) | Predominantly, includes fees for custody, securities lending, funds services and securities clearance. |
Interest_Income_and_Interest_E1
Interest Income and Interest Expense (Tables) | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Interest Income (Expense), Net (Tables) [Abstract] | ' | |||||||||||||||
Details of interest income and interest expense | ' | |||||||||||||||
Details of interest income and interest expense were as follows. | ||||||||||||||||
Three months ended September 30, | Nine months ended | |||||||||||||||
September 30, | ||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||
Interest income | ||||||||||||||||
Loans | $ | 8,300 | $ | 9,018 | $ | 25,154 | $ | 27,022 | ||||||||
Securities | 1,997 | 1,764 | 5,665 | 6,160 | ||||||||||||
Trading assets | 1,998 | 2,120 | 6,468 | 6,779 | ||||||||||||
Federal funds sold and securities purchased under resale agreements | 487 | 569 | 1,491 | 1,866 | ||||||||||||
Securities borrowed | (35 | ) | (c) | (18 | ) | (c) | (71 | ) | (c) | 7 | ||||||
Deposits with banks | 264 | 132 | 649 | 420 | ||||||||||||
Other assets(a) | 151 | 44 | 378 | 175 | ||||||||||||
Total interest income | $ | 13,162 | $ | 13,629 | $ | 39,734 | $ | 42,429 | ||||||||
Interest expense | ||||||||||||||||
Interest-bearing deposits | $ | 514 | $ | 626 | $ | 1,598 | $ | 2,085 | ||||||||
Short-term and other liabilities(b) | 524 | 407 | 1,559 | 1,329 | ||||||||||||
Long-term debt | 1,236 | 1,464 | 3,792 | 4,724 | ||||||||||||
Beneficial interests issued by consolidated VIEs | 113 | 156 | 373 | 503 | ||||||||||||
Total interest expense | $ | 2,387 | $ | 2,653 | $ | 7,322 | $ | 8,641 | ||||||||
Net interest income | $ | 10,775 | $ | 10,976 | $ | 32,412 | $ | 33,788 | ||||||||
Provision for credit losses | (543 | ) | 1,789 | 121 | 2,729 | |||||||||||
Net interest income after provision for credit losses | $ | 11,318 | $ | 9,187 | $ | 32,291 | $ | 31,059 | ||||||||
(a) | Largely margin loans. | |||||||||||||||
(b) | Includes brokerage customer payables. | |||||||||||||||
(c) | Negative interest income is a result of increased client-driven demand for certain securities combined with the impact of low interest rates; the offset of this matched book activity is reflected as lower net interest expense reported within short-term and other liabilities. |
Pension_and_Other_Postretireme1
Pension and Other Postretirement Employee Benefit Plans (Tables) | 9 Months Ended | ||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract] | ' | ||||||||||||||||||||
Components of net periodic benefit costs reported in the Consolidated Statements of Income and other comprehensive income | ' | ||||||||||||||||||||
The following table presents the components of net periodic benefit costs reported in the Consolidated Statements of Income for the Firm’s U.S. and non-U.S. defined benefit pension, defined contribution and OPEB plans. | |||||||||||||||||||||
Pension plans | |||||||||||||||||||||
U.S. | Non-U.S. | OPEB plans | |||||||||||||||||||
Three months ended September 30, (in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||
Components of net periodic benefit cost | |||||||||||||||||||||
Benefits earned during the period | $ | 78 | $ | 68 | $ | 8 | $ | 12 | $ | 1 | $ | 1 | |||||||||
Interest cost on benefit obligations | 112 | 120 | 33 | 33 | 9 | 11 | |||||||||||||||
Expected return on plan assets | (239 | ) | (222 | ) | (36 | ) | (35 | ) | (24 | ) | (23 | ) | |||||||||
Amortization: | |||||||||||||||||||||
Net (gain)/loss | 68 | 72 | 12 | 9 | — | — | |||||||||||||||
Prior service cost/(credit) | (10 | ) | (10 | ) | (1 | ) | (1 | ) | — | — | |||||||||||
Net periodic defined benefit cost | 9 | 28 | 16 | 18 | (14 | ) | (11 | ) | |||||||||||||
Other defined benefit pension plans(a) | 4 | 4 | 2 | 2 | NA | NA | |||||||||||||||
Total defined benefit plans | 13 | 32 | 18 | 20 | (14 | ) | (11 | ) | |||||||||||||
Total defined contribution plans | 114 | 100 | 77 | 75 | NA | NA | |||||||||||||||
Total pension and OPEB cost included in compensation expense | $ | 127 | $ | 132 | $ | 95 | $ | 95 | $ | (14 | ) | $ | (11 | ) | |||||||
Pension plans | |||||||||||||||||||||
U.S. | Non-U.S. | OPEB plans | |||||||||||||||||||
Nine months ended September 30, (in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||
Components of net periodic benefit cost | |||||||||||||||||||||
Benefits earned during the period | $ | 235 | $ | 204 | $ | 25 | $ | 31 | $ | 1 | $ | 1 | |||||||||
Interest cost on benefit obligations | 335 | 347 | 93 | 95 | 27 | 33 | |||||||||||||||
Expected return on plan assets | (716 | ) | (640 | ) | (104 | ) | (102 | ) | (70 | ) | (68 | ) | |||||||||
Amortization: | |||||||||||||||||||||
Net (gain)/loss | 203 | 217 | 36 | 26 | 1 | — | |||||||||||||||
Prior service cost/(credit) | (31 | ) | (31 | ) | (2 | ) | (1 | ) | — | — | |||||||||||
Net periodic defined benefit cost | 26 | 97 | 48 | 49 | (41 | ) | (34 | ) | |||||||||||||
Other defined benefit pension plans(a) | 11 | 11 | 8 | 5 | NA | NA | |||||||||||||||
Total defined benefit plans | 37 | 108 | 56 | 54 | (41 | ) | (34 | ) | |||||||||||||
Total defined contribution plans | 334 | 288 | 236 | 230 | NA | NA | |||||||||||||||
Total pension and OPEB cost included in compensation expense | $ | 371 | $ | 396 | $ | 292 | $ | 284 | $ | (41 | ) | $ | (34 | ) | |||||||
(a) | Includes various defined benefit pension plans which are individually immaterial. |
Employee_Stock_Based_Incentive1
Employee Stock Based Incentives (Tables) | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | |||||||||||||||
Noncash compensation expense related to employee stock-based incentive plans | ' | |||||||||||||||
The Firm recognized the following noncash compensation expense related to its various employee stock-based incentive plans in its Consolidated Statements of Income. | ||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | |||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||
Cost of prior grants of restricted stock units (“RSUs”) and stock appreciation rights (“SARs”) that are amortized over their applicable vesting periods | $ | 347 | $ | 402 | $ | 1,103 | $ | 1,434 | ||||||||
Accrual of estimated costs of RSUs and SARs to be granted in future periods including those to full-career eligible employees | 160 | 180 | 631 | 589 | ||||||||||||
Total noncash compensation expense related to employee stock-based incentive plans | $ | 507 | $ | 582 | $ | 1,734 | $ | 2,023 | ||||||||
Noninterest_Expense_Tables
Noninterest Expense (Tables) | 9 Months Ended | |||||||||||||||
Sep. 30, 2013 | ||||||||||||||||
Noninterest Expense [Abstract] | ' | |||||||||||||||
Noninterest Expense | ' | |||||||||||||||
The following table presents the components of noninterest expense. | ||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | |||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||
Compensation expense | $ | 7,325 | $ | 7,503 | $ | 23,758 | $ | 23,543 | ||||||||
Noncompensation expense: | ||||||||||||||||
Occupancy expense | 947 | 973 | 2,752 | 3,014 | ||||||||||||
Technology, communications and equipment expense | 1,356 | 1,312 | 4,049 | 3,865 | ||||||||||||
Professional and outside services | 1,897 | 1,759 | 5,532 | 5,411 | ||||||||||||
Marketing | 588 | 607 | 1,755 | 1,929 | ||||||||||||
Other expense(a)(b)(c) | 11,373 | 3,035 | 16,625 | 10,354 | ||||||||||||
Amortization of intangibles | 140 | 182 | 444 | 566 | ||||||||||||
Total noncompensation expense | 16,301 | 7,868 | 31,157 | 25,139 | ||||||||||||
Total noninterest expense | $ | 23,626 | $ | 15,371 | $ | 54,915 | $ | 48,682 | ||||||||
(a) | Included legal expense of $9.3 billion and $790 million for the three months ended September 30, 2013 and 2012, respectively, and $10.3 billion and $3.8 billion for the nine months ended September 30, 2013 and 2012, respectively. | |||||||||||||||
(b) | Included FDIC-related expense of $362 million and $426 million for the three months ended September 30, 2013 and 2012, respectively, and $1.1 billion and $1.2 billion for the nine months ended September 30, 2013 and 2012, respectively. | |||||||||||||||
(c) | Includes certain expenses relating to the Commodities Group activities, including storage, transportation and tolling arrangements. |
Securities_Tables
Securities (Tables) | 9 Months Ended | |||||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||||
Securities (Tables) [Abstract] | ' | |||||||||||||||||||||||||||
Securities gains and losses | ' | |||||||||||||||||||||||||||
The following table presents realized gains and losses and other-than-temporary impairment losses (“OTTI”) from AFS securities that were recognized in income. | ||||||||||||||||||||||||||||
Three months ended | Nine months ended | |||||||||||||||||||||||||||
September 30, | September 30, | |||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||
Realized gains | $ | 268 | $ | 471 | $ | 932 | $ | 2,358 | ||||||||||||||||||||
Realized losses | (223 | ) | (10 | ) | (254 | ) | (308 | ) | ||||||||||||||||||||
Net realized gains(a) | 45 | 461 | 678 | 2,050 | ||||||||||||||||||||||||
Other-than-temporary impairment losses: | ||||||||||||||||||||||||||||
Credit-related(b) | — | (2 | ) | — | (28 | ) | ||||||||||||||||||||||
Securities the Firm intends to sell(c) | (19 | ) | (1 | ) | (19 | ) | (d) | (14 | ) | (d) | ||||||||||||||||||
Total OTTI losses recognized in income | (19 | ) | (3 | ) | (19 | ) | (42 | ) | ||||||||||||||||||||
Net securities gains | $ | 26 | $ | 458 | $ | 659 | $ | 2,008 | ||||||||||||||||||||
(a) | Total proceeds from securities sold were within approximately 1% and 2% of amortized cost for the three and nine months ended September 30, 2013, respectively and within 6% and 4% of amortized cost for the three and nine months ended September 30, 2012, respectively. | |||||||||||||||||||||||||||
(b) | Includes OTTI losses recognized in income on certain prime mortgage-backed securities for the three months ended September 30, 2012; and certain obligations of U.S. states and municipalities and prime mortgage-backed securities for the nine months ended September 30, 2012. | |||||||||||||||||||||||||||
(c) | Represents the excess of the amortized cost over the fair value of certain non-U.S. corporate debt securities and non-U.S. government debt securities for the three and nine months ended September 30, 2013, and certain non-U.S. corporate debt securities, non-U.S. government debt and certain asset-backed securities for the three and nine months ended for September 30, 2012, that the firm intends to sell. | |||||||||||||||||||||||||||
(d) | Excludes realized losses of $6 million on sales of non-U.S. corporate debt and non-U.S. government debt for the nine months ended September 30, 2013, and $24 million on sales of non-U.S. corporate debt, non-U.S. government debt and certain asset-backed securities for the nine months ended September 30, 2012, that had been previously reported as an OTTI loss due to the intention to sell the securities. | |||||||||||||||||||||||||||
Amortized costs and estimated fair values | ' | |||||||||||||||||||||||||||
The amortized costs and estimated fair values of the investment securities portfolio were as follows for the dates indicated. | ||||||||||||||||||||||||||||
30-Sep-13 | December 31, 2012 | |||||||||||||||||||||||||||
(in millions) | Amortized cost | Gross unrealized gains | Gross unrealized losses | Fair value | Amortized cost | Gross unrealized gains | Gross unrealized losses | Fair value | ||||||||||||||||||||
Available-for-sale debt securities | ||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||
U.S. government agencies(a) | $ | 93,243 | $ | 2,896 | $ | 901 | $ | 95,238 | $ | 93,693 | $ | 4,708 | $ | 13 | $ | 98,388 | ||||||||||||
Residential: | ||||||||||||||||||||||||||||
Prime and Alt-A | 2,715 | 51 | 25 | 2,741 | 1,853 | 83 | 3 | 1,933 | ||||||||||||||||||||
Subprime | 963 | 19 | 2 | 980 | 825 | 28 | — | 853 | ||||||||||||||||||||
Non-U.S. | 60,418 | 1,287 | 5 | 61,700 | 70,358 | 1,524 | 29 | 71,853 | ||||||||||||||||||||
Commercial | 14,090 | 607 | 24 | 14,673 | 12,268 | 948 | 13 | 13,203 | ||||||||||||||||||||
Total mortgage-backed securities | 171,429 | 4,860 | 957 | 175,332 | 178,997 | 7,291 | 58 | 186,230 | ||||||||||||||||||||
U.S. Treasury and government agencies(a) | 22,662 | 331 | 237 | 22,756 | 12,022 | 116 | 8 | 12,130 | ||||||||||||||||||||
Obligations of U.S. states and municipalities | 28,449 | 736 | 932 | 28,253 | 19,876 | 1,845 | 10 | 21,711 | ||||||||||||||||||||
Certificates of deposit | 948 | 2 | 3 | 947 | 2,781 | 4 | 2 | 2,783 | ||||||||||||||||||||
Non-U.S. government debt securities | 54,886 | 928 | 68 | 55,746 | 65,168 | 901 | 25 | 66,044 | ||||||||||||||||||||
Corporate debt securities(b) | 24,813 | 442 | 59 | 25,196 | 37,999 | 694 | 84 | 38,609 | ||||||||||||||||||||
Asset-backed securities: | ||||||||||||||||||||||||||||
Collateralized loan obligations | 28,802 | 273 | 83 | 28,992 | 27,483 | 465 | 52 | 27,896 | ||||||||||||||||||||
Other | 11,771 | 181 | 8 | 11,944 | 12,816 | 166 | 11 | 12,971 | ||||||||||||||||||||
Total available-for-sale debt securities | 343,760 | 7,753 | 2,347 | 349,166 | 357,142 | 11,482 | 250 | 368,374 | ||||||||||||||||||||
Available-for-sale equity securities | 2,858 | 16 | — | 2,874 | 2,750 | 21 | — | 2,771 | ||||||||||||||||||||
Total available-for-sale securities | $ | 346,618 | $ | 7,769 | $ | 2,347 | $ | 352,040 | $ | 359,892 | $ | 11,503 | $ | 250 | $ | 371,145 | ||||||||||||
Total held-to-maturity securities(c) | $ | 4,516 | $ | 78 | $ | — | $ | 4,594 | $ | 7 | $ | 1 | $ | — | $ | 8 | ||||||||||||
(a) | Included total U.S. government-sponsored enterprise obligations with fair values of $84.5 billion and $84.0 billion at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||||
(b) | Consists primarily of bank debt including sovereign government-guaranteed bank debt. | |||||||||||||||||||||||||||
(c) | Consists of MBS issued by U.S. government-sponsored enterprises. | |||||||||||||||||||||||||||
Securities impairment | ' | |||||||||||||||||||||||||||
The following tables present the fair value and gross unrealized losses for AFS securities by aging category at September 30, 2013, and December 31, 2012. | ||||||||||||||||||||||||||||
Securities with gross unrealized losses | ||||||||||||||||||||||||||||
Less than 12 months | 12 months or more | |||||||||||||||||||||||||||
September 30, 2013 (in millions) | Fair value | Gross unrealized losses | Fair value | Gross unrealized losses | Total fair value | Total gross unrealized losses | ||||||||||||||||||||||
Available-for-sale debt securities | ||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||
U.S. government agencies | $ | 28,047 | $ | 901 | $ | — | $ | — | $ | 28,047 | $ | 901 | ||||||||||||||||
Residential: | ||||||||||||||||||||||||||||
Prime and Alt-A | 1,510 | 25 | — | — | 1,510 | 25 | ||||||||||||||||||||||
Subprime | 170 | 2 | — | — | 170 | 2 | ||||||||||||||||||||||
Non-U.S. | 1,805 | 1 | 210 | 4 | 2,015 | 5 | ||||||||||||||||||||||
Commercial | 2,739 | 24 | — | — | 2,739 | 24 | ||||||||||||||||||||||
Total mortgage-backed securities | 34,271 | 953 | 210 | 4 | 34,481 | 957 | ||||||||||||||||||||||
U.S. Treasury and government agencies | 8,096 | 237 | — | — | 8,096 | 237 | ||||||||||||||||||||||
Obligations of U.S. states and municipalities | 13,538 | 932 | — | — | 13,538 | 932 | ||||||||||||||||||||||
Certificates of deposit | 894 | 3 | — | — | 894 | 3 | ||||||||||||||||||||||
Non-U.S. government debt securities | 8,690 | 62 | 510 | 6 | 9,200 | 68 | ||||||||||||||||||||||
Corporate debt securities | 3,092 | 40 | 1,626 | 19 | 4,718 | 59 | ||||||||||||||||||||||
Asset-backed securities: | ||||||||||||||||||||||||||||
Collateralized loan obligations | 13,788 | 71 | 762 | 12 | 14,550 | 83 | ||||||||||||||||||||||
Other | 2,476 | 8 | — | — | 2,476 | 8 | ||||||||||||||||||||||
Total available-for-sale debt securities | 84,845 | 2,306 | 3,108 | 41 | 87,953 | 2,347 | ||||||||||||||||||||||
Available-for-sale equity securities | — | — | — | — | — | — | ||||||||||||||||||||||
Total securities with gross unrealized losses | $ | 84,845 | $ | 2,306 | $ | 3,108 | $ | 41 | $ | 87,953 | $ | 2,347 | ||||||||||||||||
Securities with gross unrealized losses | ||||||||||||||||||||||||||||
Less than 12 months | 12 months or more | |||||||||||||||||||||||||||
December 31, 2012 (in millions) | Fair value | Gross unrealized losses | Fair value | Gross unrealized losses | Total fair value | Total gross unrealized losses | ||||||||||||||||||||||
Available-for-sale debt securities | ||||||||||||||||||||||||||||
Mortgage-backed securities: | ||||||||||||||||||||||||||||
U.S. government agencies | $ | 2,440 | $ | 13 | $ | — | $ | — | $ | 2,440 | $ | 13 | ||||||||||||||||
Residential: | ||||||||||||||||||||||||||||
Prime and Alt-A | 218 | 2 | 76 | 1 | 294 | 3 | ||||||||||||||||||||||
Subprime | — | — | — | — | — | — | ||||||||||||||||||||||
Non-U.S. | 2,442 | 6 | 734 | 23 | 3,176 | 29 | ||||||||||||||||||||||
Commercial | 1,159 | 8 | 312 | 5 | 1,471 | 13 | ||||||||||||||||||||||
Total mortgage-backed securities | 6,259 | 29 | 1,122 | 29 | 7,381 | 58 | ||||||||||||||||||||||
U.S. Treasury and government agencies | 4,198 | 8 | — | — | 4,198 | 8 | ||||||||||||||||||||||
Obligations of U.S. states and municipalities | 907 | 10 | — | — | 907 | 10 | ||||||||||||||||||||||
Certificates of deposit | 741 | 2 | — | — | 741 | 2 | ||||||||||||||||||||||
Non-U.S. government debt securities | 14,527 | 21 | 1,927 | 4 | 16,454 | 25 | ||||||||||||||||||||||
Corporate debt securities | 2,651 | 10 | 5,641 | 74 | 8,292 | 84 | ||||||||||||||||||||||
Asset-backed securities: | ||||||||||||||||||||||||||||
Collateralized loan obligations | 6,328 | 17 | 2,063 | 35 | 8,391 | 52 | ||||||||||||||||||||||
Other | 2,076 | 7 | 275 | 4 | 2,351 | 11 | ||||||||||||||||||||||
Total available-for-sale debt securities | 37,687 | 104 | 11,028 | 146 | 48,715 | 250 | ||||||||||||||||||||||
Available-for-sale equity securities | — | — | — | — | — | — | ||||||||||||||||||||||
Total securities with gross unrealized losses | $ | 37,687 | $ | 104 | $ | 11,028 | $ | 146 | $ | 48,715 | $ | 250 | ||||||||||||||||
Credit losses in securities gains and losses | ' | |||||||||||||||||||||||||||
The following table presents OTTI losses that are included in the securities gains and losses table above. | ||||||||||||||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | |||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||
Debt securities the Firm does not intend to sell that have credit losses | ||||||||||||||||||||||||||||
Total OTTI(a) | $ | — | $ | — | $ | — | $ | (113 | ) | |||||||||||||||||||
Losses recorded in/(reclassified from) AOCI | — | (2 | ) | — | 85 | |||||||||||||||||||||||
Total credit-related losses recognized in income(b)(c) | — | (2 | ) | — | (28 | ) | ||||||||||||||||||||||
Securities the Firm intends to sell(d) | (19 | ) | (1 | ) | (19 | ) | (e) | (14 | ) | (e) | ||||||||||||||||||
Total OTTI losses recognized in income | $ | (19 | ) | $ | (3 | ) | $ | (19 | ) | $ | (42 | ) | ||||||||||||||||
(a) | For initial OTTI, represents the excess of the amortized cost over the fair value of AFS debt securities. For subsequent impairments of the same security, represents additional declines in fair value subsequent to previously recorded OTTI. | |||||||||||||||||||||||||||
(b) | Subsequent credit losses may be recorded on securities without a corresponding further decline in fair value if there has been a decline in expected cash flows. | |||||||||||||||||||||||||||
(c) | Represents the credit loss component on certain prime mortgage-backed securities for the three months ended September 30, 2012; and certain obligations of U. S. states and municipalities and prime mortgage-backed securities for the nine months ended September 30, 2012. | |||||||||||||||||||||||||||
(d) | Represents the excess of the amortized cost over the fair value of certain non-U.S. corporate debt securities and non-U.S. government debt securities for the three and nine months ended September 30, 2013, and certain non-U.S. corporate debt securities, non-U.S. government debt and certain asset-backed securities for the three and nine months ended for September 30, 2012, that the firm intends to sell. | |||||||||||||||||||||||||||
(e) | Excludes realized losses of $6 million on sales of non-U.S. corporate debt, and non-U.S. government debt for the nine months ended September 30, 2013, and $24 million on sales of non-U.S. corporate debt, non-U.S. government debt and certain asset-backed securities for the nine months ended September 30, 2012, that had been previously reported as an OTTI loss due to the intention to sell the securities. | |||||||||||||||||||||||||||
Changes in the credit loss component of credit-impaired debt securities | ' | |||||||||||||||||||||||||||
The following table presents a rollforward for the three and nine months ended September 30, 2013 and 2012, of the credit loss component of OTTI losses that have been recognized in income related to debt securities that the Firm does not intend to sell. | ||||||||||||||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | |||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||
Balance, beginning of period | $ | 519 | $ | 734 | $ | 522 | $ | 708 | ||||||||||||||||||||
Additions: | ||||||||||||||||||||||||||||
Newly credit-impaired securities | — | — | — | 21 | ||||||||||||||||||||||||
Losses reclassified from other comprehensive income on previously credit-impaired securities | — | 2 | — | 7 | ||||||||||||||||||||||||
Reductions: | ||||||||||||||||||||||||||||
Sales of credit-impaired securities | — | — | (3 | ) | — | |||||||||||||||||||||||
Balance, end of period | $ | 519 | $ | 736 | $ | 519 | $ | 736 | ||||||||||||||||||||
Amortized cost and estimated fair value by contractual maturity | ' | |||||||||||||||||||||||||||
The following table presents the amortized cost and estimated fair value at September 30, 2013, of JPMorgan Chase’s investment securities portfolio by contractual maturity. | ||||||||||||||||||||||||||||
By remaining maturity | Due in one | Due after one year through five years | Due after five years through 10 years | Due after | Total | |||||||||||||||||||||||
30-Sep-13 | year or less | 10 years(c) | ||||||||||||||||||||||||||
(in millions) | ||||||||||||||||||||||||||||
Available-for-sale debt securities | ||||||||||||||||||||||||||||
Mortgage-backed securities(a) | ||||||||||||||||||||||||||||
Amortized cost | $ | 212 | $ | 13,512 | $ | 8,570 | $ | 149,135 | $ | 171,429 | ||||||||||||||||||
Fair value | 213 | 13,936 | 8,823 | 152,360 | 175,332 | |||||||||||||||||||||||
Average yield(b) | 2.16 | % | 2.11 | % | 2.87 | % | 3.07 | % | 2.98 | % | ||||||||||||||||||
U.S. Treasury and government agencies(a) | ||||||||||||||||||||||||||||
Amortized cost | $ | 8,519 | $ | 11,495 | $ | 1,745 | $ | 903 | $ | 22,662 | ||||||||||||||||||
Fair value | 8,535 | 11,512 | 1,752 | 957 | 22,756 | |||||||||||||||||||||||
Average yield(b) | 0.59 | % | 0.42 | % | 0.66 | % | 0.78 | % | 0.52 | % | ||||||||||||||||||
Obligations of U.S. states and municipalities | ||||||||||||||||||||||||||||
Amortized cost | $ | 15 | $ | 468 | $ | 1,587 | $ | 26,379 | $ | 28,449 | ||||||||||||||||||
Fair value | 15 | 494 | 1,617 | 26,127 | 28,253 | |||||||||||||||||||||||
Average yield(b) | 1.51 | % | 5.13 | % | 4.21 | % | 6.03 | % | 5.91 | % | ||||||||||||||||||
Certificates of deposit | ||||||||||||||||||||||||||||
Amortized cost | $ | 897 | $ | 51 | $ | — | $ | — | $ | 948 | ||||||||||||||||||
Fair value | 894 | 53 | — | — | 947 | |||||||||||||||||||||||
Average yield(b) | 7.12 | % | 3.28 | % | — | % | — | % | 6.91 | % | ||||||||||||||||||
Non-U.S. government debt securities | ||||||||||||||||||||||||||||
Amortized cost | $ | 10,366 | $ | 17,101 | $ | 25,178 | $ | 2,241 | $ | 54,886 | ||||||||||||||||||
Fair value | 10,385 | 17,306 | 25,698 | 2,357 | 55,746 | |||||||||||||||||||||||
Average yield(b) | 2.3 | % | 2.3 | % | 1.33 | % | 1.72 | % | 1.83 | % | ||||||||||||||||||
Corporate debt securities | ||||||||||||||||||||||||||||
Amortized cost | $ | 3,530 | $ | 15,041 | $ | 6,190 | $ | 52 | $ | 24,813 | ||||||||||||||||||
Fair value | 3,532 | 15,355 | 6,258 | 51 | 25,196 | |||||||||||||||||||||||
Average yield(b) | 2.15 | % | 2.33 | % | 2.63 | % | 2.34 | % | 2.38 | % | ||||||||||||||||||
Asset-backed securities | ||||||||||||||||||||||||||||
Amortized cost | $ | — | $ | 2,186 | $ | 15,674 | $ | 22,713 | $ | 40,573 | ||||||||||||||||||
Fair value | — | 2,210 | 15,823 | 22,903 | 40,936 | |||||||||||||||||||||||
Average yield(b) | — | % | 1.87 | % | 1.74 | % | 1.81 | % | 1.79 | % | ||||||||||||||||||
Total available-for-sale debt securities | ||||||||||||||||||||||||||||
Amortized cost | $ | 23,539 | $ | 59,854 | $ | 58,944 | $ | 201,423 | $ | 343,760 | ||||||||||||||||||
Fair value | 23,574 | 60,866 | 59,971 | 204,755 | 349,166 | |||||||||||||||||||||||
Average yield(b) | 1.84 | % | 1.91 | % | 1.86 | % | 3.29 | % | 2.7 | % | ||||||||||||||||||
Available-for-sale equity securities | ||||||||||||||||||||||||||||
Amortized cost | $ | — | $ | — | $ | — | $ | 2,858 | $ | 2,858 | ||||||||||||||||||
Fair value | — | — | — | 2,874 | 2,874 | |||||||||||||||||||||||
Average yield(b) | — | % | — | % | — | % | 0.21 | % | 0.21 | % | ||||||||||||||||||
Total available-for-sale securities | ||||||||||||||||||||||||||||
Amortized cost | $ | 23,539 | $ | 59,854 | $ | 58,944 | $ | 204,281 | $ | 346,618 | ||||||||||||||||||
Fair value | 23,574 | 60,866 | 59,971 | 207,629 | 352,040 | |||||||||||||||||||||||
Average yield(b) | 1.84 | % | 1.91 | % | 1.86 | % | 3.25 | % | 2.68 | % | ||||||||||||||||||
Total held-to-maturity securities | ||||||||||||||||||||||||||||
Amortized cost | $ | — | $ | 4 | $ | 1 | $ | 4,511 | $ | 4,516 | ||||||||||||||||||
Fair value | — | 4 | 1 | 4,589 | 4,594 | |||||||||||||||||||||||
Average yield(b) | — | % | 6.87 | % | 6.59 | % | 3.55 | % | 3.56 | % | ||||||||||||||||||
(a) | U.S. government-sponsored enterprises were the only issuers whose securities exceeded 10% of JPMorgan Chase’s total stockholders’ equity at September 30, 2013. | |||||||||||||||||||||||||||
(b) | Average yield is computed using the effective yield of each security owned at the end of the period, weighted based on the amortized cost of each security. The effective yield considers the contractual coupon, amortization of premiums and accretion of discounts, and the effect of related hedging derivatives. Taxable-equivalent amounts are used where applicable. The effective yield excludes unscheduled principal prepayments; and accordingly, actual maturities of securities may differ from their contractual or expected maturities as certain securities may be prepaid. | |||||||||||||||||||||||||||
(c) | Includes securities with no stated maturity. Substantially all of the Firm’s residential mortgage-backed securities and collateralized mortgage obligations are due in 10 years or more, based on contractual maturity. The estimated duration, which reflects anticipated future prepayments based on a consensus of dealers in the market, is approximately five years for agency residential mortgage-backed securities, three years for agency residential collateralized mortgage obligations and three years for nonagency residential collateralized mortgage obligations. |
Securities_Financing_Activitie1
Securities Financing Activities (Tables) | 9 Months Ended | |||||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||||
Securities Financing Transactions Disclosures [Abstract] | ' | |||||||||||||||||||||||||||
Schedule of Securities Purchased Under Resale Agreements, Netting & Securities Borrowed [Table Text Block] | ' | |||||||||||||||||||||||||||
The following table presents as of September 30, 2013, and December 31, 2012, the gross and net securities purchased under resale agreements and securities borrowed. Securities purchased under resale agreements have been presented on the Consolidated Balance Sheets net of securities sold under repurchase agreements where the Firm has obtained an appropriate legal opinion with respect to the master netting agreement, and where the other relevant criteria have been met. Where such a legal opinion has not been either sought or obtained, the securities purchased under resale agreements are not eligible for netting and are shown separately in the table below. Securities borrowed are presented on a gross basis on the Consolidated Balance Sheets. | ||||||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||||||
(in millions) | Gross asset balance | Amounts netted on the Consolidated Balance Sheets | Net asset balance | Gross asset balance | Amounts netted on the Consolidated Balance Sheets | Net asset balance | ||||||||||||||||||||||
Securities purchased under resale agreements | ||||||||||||||||||||||||||||
Securities purchased under resale agreements with an appropriate legal opinion | $ | 343,943 | $ | (115,693 | ) | $ | 228,250 | $ | 381,377 | $ | (96,947 | ) | $ | 284,430 | ||||||||||||||
Securities purchased under resale agreements where an appropriate legal opinion has not been either sought or obtained | 7,225 | 7,225 | 10,983 | 10,983 | ||||||||||||||||||||||||
Total securities purchased under resale agreements | $ | 351,168 | $ | (115,693 | ) | $ | 235,475 | (a) | $ | 392,360 | $ | (96,947 | ) | $ | 295,413 | (a) | ||||||||||||
Securities borrowed | $ | 122,438 | N/A | $ | 122,438 | (b)(c) | $ | 119,017 | N/A | $ | 119,017 | (b)(c) | ||||||||||||||||
(a) | At September 30, 2013, and December 31, 2012, included securities purchased under resale agreements of $25.7 billion and $24.3 billion, respectively, accounted for at fair value. | |||||||||||||||||||||||||||
(b) | At September 30, 2013, and December 31, 2012, included securities borrowed of $5.5 billion and $10.2 billion, respectively, accounted for at fair value. | |||||||||||||||||||||||||||
(c) | Included $18.6 billion and $20.2 billion at September 30, 2013, and December 31, 2012, respectively, of securities borrowed where an appropriate legal opinion has not been either sought or obtained with respect to the master netting agreement. The prior period amounts have been revised with a corresponding impact in the table below. This revision had no impact on the Firm’s Consolidated Balance Sheets or its results of operations. | |||||||||||||||||||||||||||
Schedule of Securities Purchased Under Resale Agreements & Securities Borrowed Collateral Netting [Table Text Block] | ' | |||||||||||||||||||||||||||
The following table presents information as of September 30, 2013, and December 31, 2012, regarding the securities purchased under resale agreements and securities borrowed for which an appropriate legal opinion has been obtained with respect to the master netting agreement. The below table excludes information related to resale agreements and securities borrowed where such a legal opinion has not been either sought or obtained. | ||||||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | |||||||||||||||||||||||||||
Amounts not nettable on the Consolidated Balance Sheets(a) | Amounts not nettable on the Consolidated Balance Sheets(a) | |||||||||||||||||||||||||||
(in millions) | Net asset balance | Financial instruments(b) | Cash collateral | Net exposure | Net asset balance | Financial instruments(b) | Cash collateral | Net exposure | ||||||||||||||||||||
Securities purchased under resale agreements with an appropriate legal opinion | $ | 228,250 | $ | (223,630 | ) | $ | (51 | ) | $ | 4,569 | $ | 284,430 | $ | (282,468 | ) | $ | (998 | ) | $ | 964 | ||||||||
Securities borrowed | $ | 103,822 | $ | (99,556 | ) | $ | (28 | ) | $ | 4,238 | $ | 98,807 | $ | (94,858 | ) | $ | — | $ | 3,949 | |||||||||
(a) | For some counterparties, the sum of the financial instruments and cash collateral not nettable on the Consolidated Balance Sheets may exceed the net asset balance. Where this is the case the total amounts reported in these two columns are limited to the balance of the net reverse repurchase agreement or securities borrowed asset with that counterparty. As a result a net exposure amount is reported even though the Firm, on a portfolio-wide basis for both its securities purchased under resale agreements and securities borrowed portfolios, has received securities collateral with a total fair value that is greater than the funds provided to counterparties. | |||||||||||||||||||||||||||
(b) | Includes financial instrument collateral received, repurchase liabilities and securities loaned liabilities with an appropriate legal opinion with respect to the master netting agreement; these amounts are not presented net on the Consolidated Balance Sheets because other U.S. GAAP netting criteria are not met. | |||||||||||||||||||||||||||
Schedule of Securities Sold Under Repurchase Agreements, Netting & Securities Loaned [Table Text Block] | ' | |||||||||||||||||||||||||||
The following table presents as of September 30, 2013, and December 31, 2012, the gross and net securities sold under repurchase agreements and securities loaned. Securities sold under repurchase agreements have been presented on the Consolidated Balance Sheets net of securities purchased under resale agreements where the Firm has obtained an appropriate legal opinion with respect to the master netting agreement, and where the other relevant criteria have been met. Where such a legal opinion has not been either sought or obtained, the securities sold under repurchase agreements are not eligible for netting and are shown separately in the table below. Securities loaned are presented on a gross basis on the Consolidated Balance Sheets. | ||||||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||||||
(in millions) | Gross liability balance | Amounts netted on the Consolidated Balance Sheets | Net liability balance | Gross liability balance | Amounts netted on the Consolidated Balance Sheets | Net liability balance | ||||||||||||||||||||||
Securities sold under repurchase agreements | ||||||||||||||||||||||||||||
Securities sold under repurchase agreements with an appropriate legal opinion | $ | 304,070 | $ | (115,693 | ) | $ | 188,377 | $ | 301,352 | $ | (96,947 | ) | $ | 204,405 | ||||||||||||||
Securities sold under repurchase agreements where an appropriate legal opinion has not been either sought or obtained(a) | 7,579 | 7,579 | 11,155 | 11,155 | ||||||||||||||||||||||||
Total securities sold under repurchase agreements | $ | 311,649 | $ | (115,693 | ) | $ | 195,956 | (c) | $ | 312,507 | $ | (96,947 | ) | $ | 215,560 | (c) | ||||||||||||
Securities loaned(b) | $ | 27,523 | N/A | $ | 27,523 | (d)(e) | $ | 30,458 | N/A | $ | 30,458 | (d)(e) | ||||||||||||||||
(a) | Includes repurchase agreements that are not subject to a master netting agreement but do provide rights to collateral. | |||||||||||||||||||||||||||
(b) | Included securities-for-securities borrow vs. pledge transactions of $6.4 billion and $6.9 billion at September 30, 2013, and December 31, 2012, respectively, when acting as lender and as presented within other liabilities in the Consolidated Balance Sheets. | |||||||||||||||||||||||||||
(c) | At September 30, 2013, and December 31, 2012, included securities sold under repurchase agreements of $5.5 billion and $3.9 billion, respectively, accounted for at fair value. | |||||||||||||||||||||||||||
(d) | At September 30, 2013, and December 31, 2012, included securities loaned of $472 million and $457 million, respectively, accounted for at fair value. | |||||||||||||||||||||||||||
(e) | Included $43 million and $889 million at September 30, 2013, and December 31, 2012, respectively, of securities loaned where an appropriate legal opinion has not been either sought or obtained with respect to the master netting agreement. | |||||||||||||||||||||||||||
Schedule of Securities Sold Under Repurchase Agreements & Securities Loaned Collateral Netting [Table Text Block] | ' | |||||||||||||||||||||||||||
The following table presents information as of September 30, 2013, and December 31, 2012, regarding the securities sold under repurchase agreements and securities loaned for which an appropriate legal opinion has been obtained with respect to the master netting agreement. The below table excludes information related to repurchase agreements and securities loaned where such a legal opinion has not been either sought or obtained. | ||||||||||||||||||||||||||||
30-Sep-13 | 31-Dec-12 | |||||||||||||||||||||||||||
Amounts not nettable on the Consolidated balance sheets(a) | Amounts not nettable on the Consolidated balance sheets(a) | |||||||||||||||||||||||||||
(in millions) | Net liability balance | Financial instruments(b) | Cash collateral | Net amount(c) | Net liability balance | Financial instruments(b) | Cash collateral | Net amount(c) | ||||||||||||||||||||
Securities sold under repurchase agreements with an appropriate legal opinion | $ | 188,377 | $ | (186,945 | ) | $ | (164 | ) | $ | 1,268 | $ | 204,405 | $ | (202,925 | ) | $ | (162 | ) | $ | 1,318 | ||||||||
Securities loaned | $ | 27,480 | $ | (27,051 | ) | $ | — | $ | 429 | $ | 29,569 | $ | (28,465 | ) | $ | — | $ | 1,104 | ||||||||||
(a) | For some counterparties the sum of the financial instruments and cash collateral not nettable on the Consolidated Balance Sheets may exceed the net liability balance. Where this is the case the total amounts reported in these two columns are limited to the balance of the net repurchase agreement or securities loaned liability with that counterparty. | |||||||||||||||||||||||||||
(b) | Includes financial instrument collateral transferred, reverse repurchase assets and securities borrowed assets with an appropriate legal opinion with respect to the master netting agreement; these amounts are not presented net on the Consolidated Balance Sheets because other U.S. GAAP netting criteria are not met. | |||||||||||||||||||||||||||
(c) | Net amount represents exposure of counterparties to the Firm. |
Loans_Tables
Loans (Tables) | 9 Months Ended | |||||||||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||
Loans and Leases Receivable Disclosure [Line Items] | ' | |||||||||||||||||||||||||||||||||||||||||
Loan Portfolio Segment Descriptions [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
Loan portfolio | ||||||||||||||||||||||||||||||||||||||||||
The Firm’s loan portfolio is divided into three portfolio segments, which are the same segments used by the Firm to determine the allowance for loan losses: Consumer, excluding credit card; Credit card; and Wholesale. Within each portfolio segment, the Firm monitors and assesses the credit risk in the following classes of loans, based on the risk characteristics of each loan class: | ||||||||||||||||||||||||||||||||||||||||||
Consumer, excluding | Credit card | Wholesale(c) | ||||||||||||||||||||||||||||||||||||||||
credit card(a) | ||||||||||||||||||||||||||||||||||||||||||
Residential real estate – excluding PCI | • Credit card loans | • Commercial and industrial | ||||||||||||||||||||||||||||||||||||||||
• Home equity – senior lien | • Real estate | |||||||||||||||||||||||||||||||||||||||||
• Home equity – junior lien | • Financial institutions | |||||||||||||||||||||||||||||||||||||||||
• Prime mortgage, including | • Government agencies | |||||||||||||||||||||||||||||||||||||||||
option ARMs | • Other | |||||||||||||||||||||||||||||||||||||||||
• Subprime mortgage | ||||||||||||||||||||||||||||||||||||||||||
Other consumer loans | ||||||||||||||||||||||||||||||||||||||||||
• Auto(b) | ||||||||||||||||||||||||||||||||||||||||||
• Business banking(b) | ||||||||||||||||||||||||||||||||||||||||||
• Student and other | ||||||||||||||||||||||||||||||||||||||||||
Residential real estate – PCI | ||||||||||||||||||||||||||||||||||||||||||
• Home equity | ||||||||||||||||||||||||||||||||||||||||||
• Prime mortgage | ||||||||||||||||||||||||||||||||||||||||||
• Subprime mortgage | ||||||||||||||||||||||||||||||||||||||||||
• Option ARMs | ||||||||||||||||||||||||||||||||||||||||||
(a) | Includes loans held in CCB, and prime mortgage loans held in the Asset Management (“AM”) business segment and in Corporate/Private Equity. | |||||||||||||||||||||||||||||||||||||||||
(b) | Includes certain business banking and auto dealer risk-rated loans that apply the wholesale methodology for determining the allowance for loan losses; these loans are managed by CCB, and therefore, for consistency in presentation, are included with the other consumer loan classes. | |||||||||||||||||||||||||||||||||||||||||
(c) | Includes loans held in CIB, Commercial Banking (“CB”) and AM business segments and in Corporate/Private Equity. | |||||||||||||||||||||||||||||||||||||||||
Schedule of Loans by Portfolio Segment and Class [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The following tables summarize the Firm’s loan balances by portfolio segment. | ||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | Consumer, excluding credit card | Credit card(a) | Wholesale | Total | ||||||||||||||||||||||||||||||||||||||
(in millions) | ||||||||||||||||||||||||||||||||||||||||||
Retained | $ | 288,211 | $ | 123,672 | $ | 310,588 | $ | 722,471 | (b) | |||||||||||||||||||||||||||||||||
Held-for-sale | 139 | 310 | 3,674 | 4,123 | ||||||||||||||||||||||||||||||||||||||
At fair value | — | — | 2,085 | 2,085 | ||||||||||||||||||||||||||||||||||||||
Total | $ | 288,350 | $ | 123,982 | $ | 316,347 | $ | 728,679 | ||||||||||||||||||||||||||||||||||
31-Dec-12 | Consumer, excluding credit card | Credit card(a) | Wholesale | Total | ||||||||||||||||||||||||||||||||||||||
(in millions) | ||||||||||||||||||||||||||||||||||||||||||
Retained | $ | 292,620 | $ | 127,993 | $ | 306,222 | $ | 726,835 | (b) | |||||||||||||||||||||||||||||||||
Held-for-sale | — | — | 4,406 | 4,406 | ||||||||||||||||||||||||||||||||||||||
At fair value | — | — | 2,555 | 2,555 | ||||||||||||||||||||||||||||||||||||||
Total | $ | 292,620 | $ | 127,993 | $ | 313,183 | $ | 733,796 | ||||||||||||||||||||||||||||||||||
(a) | Includes billed finance charges and fees net of an allowance for uncollectible amounts. | |||||||||||||||||||||||||||||||||||||||||
(b) | Loans (other than PCI loans and those for which the fair value option has been elected) are presented net of unearned income, unamortized discounts and premiums, and net deferred loan costs of $2.1 billion and $2.5 billion at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||||||||||||||||||
Schedule Of Retained Loans Purchases Sales And Transfer Into Held For Sale By Portfolio Segment [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The following tables provide information about the carrying value of retained loans purchased, sold and reclassified to held-for-sale during the periods indicated. These tables exclude loans recorded at fair value. The Firm manages its exposure to credit risk on an ongoing basis. Selling loans is one way that the Firm reduces its credit exposures. | ||||||||||||||||||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||||||||||||||||
Three months ended | Consumer, excluding credit card | Credit card | Wholesale | Total | Consumer, excluding credit card | Credit card | Wholesale | Total | ||||||||||||||||||||||||||||||||||
September 30, | ||||||||||||||||||||||||||||||||||||||||||
(in millions) | ||||||||||||||||||||||||||||||||||||||||||
Purchases | $ | 1,632 | (a) | $ | — | $ | 184 | $ | 1,816 | $ | 1,559 | (a) | $ | — | $ | 116 | $ | 1,675 | ||||||||||||||||||||||||
Sales | 1,152 | — | 854 | 2,006 | 378 | — | 620 | 998 | ||||||||||||||||||||||||||||||||||
Retained loans reclassified to held-for-sale | 28 | 309 | 206 | 543 | — | — | 204 | 204 | ||||||||||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||||||||||||||||
Nine months ended | Consumer, excluding credit card | Credit card | Wholesale | Total | Consumer, excluding credit card | Credit card | Wholesale | Total | ||||||||||||||||||||||||||||||||||
September 30, | ||||||||||||||||||||||||||||||||||||||||||
(in millions) | ||||||||||||||||||||||||||||||||||||||||||
Purchases | $ | 5,847 | (a) | $ | 328 | $ | 470 | $ | 6,645 | $ | 5,172 | (a) | $ | — | $ | 690 | $ | 5,862 | ||||||||||||||||||||||||
Sales | 3,814 | — | 3,432 | 7,246 | 1,720 | — | 2,292 | 4,012 | ||||||||||||||||||||||||||||||||||
Retained loans reclassified to held-for-sale | 736 | 309 | 1,227 | 2,272 | — | 1,043 | 321 | 1,364 | ||||||||||||||||||||||||||||||||||
(a) | Excluded retained loans purchased from correspondents that were originated in accordance with the Firm’s underwriting standards. Such purchases were $2.0 billion and $378 million for the three months ended September 30, 2013 and 2012, respectively, and $4.2 billion and $769 million for the nine months ended September 30, 2013 and 2012, respectively. | |||||||||||||||||||||||||||||||||||||||||
Schedule Of Net Gains Losses On Loan Sales By Portfolio Segment [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The following table provides information about gains/(losses) on loan sales by portfolio segment. | ||||||||||||||||||||||||||||||||||||||||||
Three months ended | Nine months ended | |||||||||||||||||||||||||||||||||||||||||
September 30, | September 30, | |||||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||||||
Net gains/(losses) on sales of loans (including lower of cost or fair value adjustments)(a) | ||||||||||||||||||||||||||||||||||||||||||
Consumer, excluding credit card | $ | 32 | $ | 49 | $ | 288 | $ | 123 | ||||||||||||||||||||||||||||||||||
Credit card | 3 | — | 3 | (12 | ) | |||||||||||||||||||||||||||||||||||||
Wholesale | (15 | ) | 59 | (22 | ) | 127 | ||||||||||||||||||||||||||||||||||||
Total net gains/(losses) on sales of loans (including lower of cost or fair value adjustments) | $ | 20 | $ | 108 | $ | 269 | $ | 238 | ||||||||||||||||||||||||||||||||||
(a) | Excludes sales related to loans accounted for at fair value. | |||||||||||||||||||||||||||||||||||||||||
Consumer, excluding credit card | ' | |||||||||||||||||||||||||||||||||||||||||
Loans and Leases Receivable Disclosure [Line Items] | ' | |||||||||||||||||||||||||||||||||||||||||
Schedule of Loans by Portfolio Segment and Class [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The table below provides information about retained consumer loans, excluding credit card, by class. | ||||||||||||||||||||||||||||||||||||||||||
(in millions) | September 30, | December 31, | ||||||||||||||||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||||||||||||||||
Residential real estate – | ||||||||||||||||||||||||||||||||||||||||||
excluding PCI | ||||||||||||||||||||||||||||||||||||||||||
Home equity: | ||||||||||||||||||||||||||||||||||||||||||
Senior lien | $ | 17,621 | $ | 19,385 | ||||||||||||||||||||||||||||||||||||||
Junior lien | 42,204 | 48,000 | ||||||||||||||||||||||||||||||||||||||||
Mortgages: | ||||||||||||||||||||||||||||||||||||||||||
Prime, including option ARMs | 85,067 | 76,256 | ||||||||||||||||||||||||||||||||||||||||
Subprime | 7,376 | 8,255 | ||||||||||||||||||||||||||||||||||||||||
Other consumer loans | ||||||||||||||||||||||||||||||||||||||||||
Auto | 50,810 | 49,913 | ||||||||||||||||||||||||||||||||||||||||
Business banking | 18,710 | 18,883 | ||||||||||||||||||||||||||||||||||||||||
Student and other | 11,664 | 12,191 | ||||||||||||||||||||||||||||||||||||||||
Residential real estate – PCI | ||||||||||||||||||||||||||||||||||||||||||
Home equity | 19,411 | 20,971 | ||||||||||||||||||||||||||||||||||||||||
Prime mortgage | 12,487 | 13,674 | ||||||||||||||||||||||||||||||||||||||||
Subprime mortgage | 4,297 | 4,626 | ||||||||||||||||||||||||||||||||||||||||
Option ARMs | 18,564 | 20,466 | ||||||||||||||||||||||||||||||||||||||||
Total retained loans | $ | 288,211 | $ | 292,620 | ||||||||||||||||||||||||||||||||||||||
Credit card | ' | |||||||||||||||||||||||||||||||||||||||||
Loans and Leases Receivable Disclosure [Line Items] | ' | |||||||||||||||||||||||||||||||||||||||||
Financing Receivable Credit Quality Indicators [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The table below sets forth information about the Firm’s credit card loans. | ||||||||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | September 30, | December 31, | ||||||||||||||||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||||||||||||||||
Loan delinquency | ||||||||||||||||||||||||||||||||||||||||||
Current and less than 30 days | $ | 121,587 | $ | 125,309 | ||||||||||||||||||||||||||||||||||||||
past due and still accruing | ||||||||||||||||||||||||||||||||||||||||||
30–89 days past due and still accruing | 1,111 | 1,381 | ||||||||||||||||||||||||||||||||||||||||
90 or more days past due and still accruing | 973 | 1,302 | ||||||||||||||||||||||||||||||||||||||||
Nonaccrual loans | 1 | 1 | ||||||||||||||||||||||||||||||||||||||||
Total retained credit card loans | $ | 123,672 | $ | 127,993 | ||||||||||||||||||||||||||||||||||||||
Loan delinquency ratios | ||||||||||||||||||||||||||||||||||||||||||
% of 30+ days past due to total retained loans | 1.69 | % | 2.1 | % | ||||||||||||||||||||||||||||||||||||||
% of 90+ days past due to total retained loans | 0.79 | 1.02 | ||||||||||||||||||||||||||||||||||||||||
Credit card loans by | ||||||||||||||||||||||||||||||||||||||||||
geographic region | ||||||||||||||||||||||||||||||||||||||||||
California | $ | 16,567 | $ | 17,115 | ||||||||||||||||||||||||||||||||||||||
New York | 10,235 | 10,379 | ||||||||||||||||||||||||||||||||||||||||
Texas | 10,095 | 10,209 | ||||||||||||||||||||||||||||||||||||||||
Illinois | 7,218 | 7,399 | ||||||||||||||||||||||||||||||||||||||||
Florida | 6,922 | 7,231 | ||||||||||||||||||||||||||||||||||||||||
New Jersey | 5,381 | 5,503 | ||||||||||||||||||||||||||||||||||||||||
Ohio | 4,757 | 4,956 | ||||||||||||||||||||||||||||||||||||||||
Pennsylvania | 4,321 | 4,549 | ||||||||||||||||||||||||||||||||||||||||
Michigan | 3,578 | 3,745 | ||||||||||||||||||||||||||||||||||||||||
Virginia | 3,067 | 3,193 | ||||||||||||||||||||||||||||||||||||||||
All other | 51,531 | 53,714 | ||||||||||||||||||||||||||||||||||||||||
Total retained credit card loans | $ | 123,672 | $ | 127,993 | ||||||||||||||||||||||||||||||||||||||
Percentage of portfolio based on carrying value with estimated refreshed FICO scores(a) | ||||||||||||||||||||||||||||||||||||||||||
Equal to or greater than 660 | 84.9 | % | 84.1 | % | ||||||||||||||||||||||||||||||||||||||
Less than 660 | 15.1 | 15.9 | ||||||||||||||||||||||||||||||||||||||||
(a) | Refreshed FICO scores are estimated based on a statistically significant random sample of credit card accounts in the credit card portfolio for the periods shown. The Firm obtains refreshed FICO scores at least quarterly. | |||||||||||||||||||||||||||||||||||||||||
Impaired Financing Receivables [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The table below sets forth information about the Firm’s impaired credit card loans. All of these loans are considered to be impaired as they have been modified in TDRs. | ||||||||||||||||||||||||||||||||||||||||||
(in millions) | September 30, | December 31, | ||||||||||||||||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||||||||||||||||
Impaired credit card loans with an allowance(a)(b) | ||||||||||||||||||||||||||||||||||||||||||
Credit card loans with modified payment terms(c) | $ | 3,061 | $ | 4,189 | ||||||||||||||||||||||||||||||||||||||
Modified credit card loans that have reverted to pre-modification payment terms(d) | 407 | 573 | ||||||||||||||||||||||||||||||||||||||||
Total impaired credit card loans | $ | 3,468 | $ | 4,762 | ||||||||||||||||||||||||||||||||||||||
Allowance for loan losses related to impaired credit card loans | $ | 1,080 | $ | 1,681 | ||||||||||||||||||||||||||||||||||||||
(a) | The carrying value and the unpaid principal balance are the same for credit card impaired loans. | |||||||||||||||||||||||||||||||||||||||||
(b) | There were no impaired loans without an allowance. | |||||||||||||||||||||||||||||||||||||||||
(c) | Represents credit card loans outstanding to borrowers enrolled in a credit card modification program as of the date presented. | |||||||||||||||||||||||||||||||||||||||||
(d) | Represents credit card loans that were modified in TDRs but that have subsequently reverted back to the loans’ pre-modification payment terms. At September 30, 2013, and December 31, 2012, $245 million and $341 million, respectively, of loans have reverted back to the pre-modification payment terms of the loans due to noncompliance with the terms of the modified loans. The remaining $162 million and $232 million at September 30, 2013, and December 31, 2012, respectively, of these loans are to borrowers who have successfully completed a short-term modification program. The Firm continues to report these loans as TDRs since the borrowers’ credit lines remain closed. | |||||||||||||||||||||||||||||||||||||||||
Impaired Financing Receivables, Average Recorded Investment [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The following table presents average balances of impaired credit card loans and interest income recognized on those loans. | ||||||||||||||||||||||||||||||||||||||||||
Three months | Nine months | |||||||||||||||||||||||||||||||||||||||||
ended | ended | |||||||||||||||||||||||||||||||||||||||||
September 30, | September 30, | |||||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||||||
Average impaired credit card loans | $ | 3,657 | $ | 5,529 | $ | 4,079 | $ | 6,188 | ||||||||||||||||||||||||||||||||||
Interest income on impaired credit card loans | 47 | 73 | 157 | 242 | ||||||||||||||||||||||||||||||||||||||
Troubled Debt Restructurings on Financing Receivables [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The following table provides information regarding the nature and extent of modifications of credit card loans for the periods presented. | ||||||||||||||||||||||||||||||||||||||||||
New enrollments | ||||||||||||||||||||||||||||||||||||||||||
Three months | Nine months | |||||||||||||||||||||||||||||||||||||||||
ended | ended | |||||||||||||||||||||||||||||||||||||||||
September 30, | September 30, | |||||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||||||
Short-term programs | $ | — | $ | — | $ | — | $ | 47 | ||||||||||||||||||||||||||||||||||
Long-term programs | 288 | 373 | 915 | 1,261 | ||||||||||||||||||||||||||||||||||||||
Total new enrollments | $ | 288 | $ | 373 | $ | 915 | $ | 1,308 | ||||||||||||||||||||||||||||||||||
Troubled Debt Restructurings on Financing Receivables, Financial Effects of Modifications and Redefaults [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The following table provides information about the financial effects of the concessions granted on credit card loans modified in TDRs and redefaults for the periods presented. | ||||||||||||||||||||||||||||||||||||||||||
(in millions, except weighted-average data) | Three months | Nine months | ||||||||||||||||||||||||||||||||||||||||
ended | ended | |||||||||||||||||||||||||||||||||||||||||
September 30, | September 30, | |||||||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||||
Weighted-average interest rate of loans – before TDR | 15.26 | % | 15.34 | % | 15.38 | % | 15.75 | % | ||||||||||||||||||||||||||||||||||
Weighted-average interest rate of loans – after TDR | 4.3 | 4.97 | 4.42 | 5.25 | ||||||||||||||||||||||||||||||||||||||
Loans that redefaulted within one year of modification(a) | $ | 43 | $ | 69 | $ | 128 | $ | 247 | ||||||||||||||||||||||||||||||||||
(a) | Represents loans modified in TDRs that experienced a payment default in the periods presented, and for which the payment default occurred within one year of the modification. The amounts presented represent the balance of such loans as of the end of the quarter in which they defaulted. | |||||||||||||||||||||||||||||||||||||||||
Wholesale | ' | |||||||||||||||||||||||||||||||||||||||||
Loans and Leases Receivable Disclosure [Line Items] | ' | |||||||||||||||||||||||||||||||||||||||||
Financing Receivable Credit Quality Indicators [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The table below provides information by class of receivable for the retained loans in the Wholesale portfolio segment. | ||||||||||||||||||||||||||||||||||||||||||
Commercial | Real estate | |||||||||||||||||||||||||||||||||||||||||
and industrial | ||||||||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | September 30, | December 31, | September 30, | December 31, | ||||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||||
Loans by risk ratings | ||||||||||||||||||||||||||||||||||||||||||
Investment-grade | $ | 62,491 | $ | 61,870 | $ | 50,758 | $ | 41,796 | ||||||||||||||||||||||||||||||||||
Noninvestment-grade: | ||||||||||||||||||||||||||||||||||||||||||
Noncriticized | 45,679 | 44,651 | 13,316 | 14,567 | ||||||||||||||||||||||||||||||||||||||
Criticized performing | 2,399 | 2,636 | 2,553 | 3,857 | ||||||||||||||||||||||||||||||||||||||
Criticized nonaccrual | 337 | 708 | 406 | 520 | ||||||||||||||||||||||||||||||||||||||
Total noninvestment-grade | 48,415 | 47,995 | 16,275 | 18,944 | ||||||||||||||||||||||||||||||||||||||
Total retained loans | $ | 110,906 | $ | 109,865 | $ | 67,033 | $ | 60,740 | ||||||||||||||||||||||||||||||||||
% of total criticized to total retained loans | 2.47 | % | 3.04 | % | 4.41 | % | 7.21 | % | ||||||||||||||||||||||||||||||||||
% of nonaccrual loans to total retained loans | 0.3 | 0.64 | 0.61 | 0.86 | ||||||||||||||||||||||||||||||||||||||
Loans by geographic distribution(a) | ||||||||||||||||||||||||||||||||||||||||||
Total non-U.S. | $ | 36,114 | $ | 35,494 | $ | 1,443 | $ | 1,533 | ||||||||||||||||||||||||||||||||||
Total U.S. | 74,792 | 74,371 | 65,590 | 59,207 | ||||||||||||||||||||||||||||||||||||||
Total retained loans | $ | 110,906 | $ | 109,865 | $ | 67,033 | $ | 60,740 | ||||||||||||||||||||||||||||||||||
Loan delinquency(b) | ||||||||||||||||||||||||||||||||||||||||||
Current and less than 30 days past due and still accruing | $ | 110,409 | $ | 109,019 | $ | 66,527 | $ | 59,829 | ||||||||||||||||||||||||||||||||||
30–89 days past due and still accruing | 152 | 119 | 79 | 322 | ||||||||||||||||||||||||||||||||||||||
90 or more days past due and still accruing(c) | 8 | 19 | 21 | 69 | ||||||||||||||||||||||||||||||||||||||
Criticized nonaccrual | 337 | 708 | 406 | 520 | ||||||||||||||||||||||||||||||||||||||
Total retained loans | $ | 110,906 | $ | 109,865 | $ | 67,033 | $ | 60,740 | ||||||||||||||||||||||||||||||||||
(a) | The U.S. and non-U.S. distribution is determined based predominantly on the domicile of the borrower. | |||||||||||||||||||||||||||||||||||||||||
(b) | The credit quality of wholesale loans is assessed primarily through ongoing review and monitoring of an obligor’s ability to meet contractual obligations rather than relying on the past due status, which is generally a lagging indicator of credit quality. For a discussion of more significant risk factors, see Note 14 on page 271 of JPMorgan Chase’s 2012 Annual Report. | |||||||||||||||||||||||||||||||||||||||||
(c) | Represents loans that are considered well-collateralized and therefore still accruing interest. | |||||||||||||||||||||||||||||||||||||||||
(d) | Other primarily includes loans to SPEs and loans to private banking clients. See Note 1 on pages 193–194 of JPMorgan Chase’s 2012 Annual Report for additional information on SPEs. | |||||||||||||||||||||||||||||||||||||||||
(table continued from previous page) | ||||||||||||||||||||||||||||||||||||||||||
Financial | Government agencies | Other(d) | Total | |||||||||||||||||||||||||||||||||||||||
institutions | retained loans | |||||||||||||||||||||||||||||||||||||||||
September 30, | December 31, | September 30, | December 31, | September 30, | December 31, | September 30, | December 31, | |||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||
$ | 29,167 | $ | 22,064 | $ | 8,782 | $ | 9,183 | $ | 75,611 | $ | 79,533 | $ | 226,809 | $ | 214,446 | |||||||||||||||||||||||||||
7,324 | 13,760 | 411 | 356 | 10,654 | 9,914 | 77,384 | 83,248 | |||||||||||||||||||||||||||||||||||
307 | 395 | 3 | 5 | 183 | 201 | 5,445 | 7,094 | |||||||||||||||||||||||||||||||||||
26 | 8 | 1 | — | 180 | 198 | 950 | 1,434 | |||||||||||||||||||||||||||||||||||
7,657 | 14,163 | 415 | 361 | 11,017 | 10,313 | 83,779 | 91,776 | |||||||||||||||||||||||||||||||||||
$ | 36,824 | $ | 36,227 | $ | 9,197 | $ | 9,544 | $ | 86,628 | $ | 89,846 | $ | 310,588 | $ | 306,222 | |||||||||||||||||||||||||||
0.9 | % | 1.11 | % | 0.04 | % | 0.05 | % | 0.42 | % | 0.44 | % | 2.06 | % | 2.78 | % | |||||||||||||||||||||||||||
0.07 | 0.02 | 0.01 | — | 0.21 | 0.22 | 0.31 | 0.47 | |||||||||||||||||||||||||||||||||||
$ | 25,782 | $ | 26,326 | $ | 1,411 | $ | 1,582 | $ | 40,243 | $ | 39,421 | $ | 104,993 | $ | 104,356 | |||||||||||||||||||||||||||
11,042 | 9,901 | 7,786 | 7,962 | 46,385 | 50,425 | 205,595 | 201,866 | |||||||||||||||||||||||||||||||||||
$ | 36,824 | $ | 36,227 | $ | 9,197 | $ | 9,544 | $ | 86,628 | $ | 89,846 | $ | 310,588 | $ | 306,222 | |||||||||||||||||||||||||||
$ | 36,752 | $ | 36,151 | $ | 9,188 | $ | 9,516 | $ | 85,851 | $ | 88,177 | $ | 308,727 | $ | 302,692 | |||||||||||||||||||||||||||
36 | 62 | 8 | 28 | 567 | 1,427 | 842 | 1,958 | |||||||||||||||||||||||||||||||||||
10 | 6 | — | — | 30 | 44 | 69 | 138 | |||||||||||||||||||||||||||||||||||
26 | 8 | 1 | — | 180 | 198 | 950 | 1,434 | |||||||||||||||||||||||||||||||||||
$ | 36,824 | $ | 36,227 | $ | 9,197 | $ | 9,544 | $ | 86,628 | $ | 89,846 | $ | 310,588 | $ | 306,222 | |||||||||||||||||||||||||||
Impaired Financing Receivables [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The table below sets forth information about the Firm’s wholesale impaired loans. | ||||||||||||||||||||||||||||||||||||||||||
(in millions) | Commercial | Real estate | Financial | Government | Other | Total | ||||||||||||||||||||||||||||||||||||
and industrial | institutions | agencies | retained loans | |||||||||||||||||||||||||||||||||||||||
Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | |||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||
Impaired loans | ||||||||||||||||||||||||||||||||||||||||||
With an allowance | $ | 287 | $ | 588 | $ | 294 | $ | 375 | $ | 14 | $ | 6 | $ | 1 | $ | — | $ | 112 | $ | 122 | $ | 708 | $ | 1,091 | ||||||||||||||||||
Without an allowance(a) | 49 | 173 | 132 | 133 | 12 | 2 | — | — | 71 | 76 | 264 | 384 | ||||||||||||||||||||||||||||||
Total impaired loans | $ | 336 | $ | 761 | $ | 426 | $ | 508 | $ | 26 | $ | 8 | $ | 1 | $ | — | $ | 183 | $ | 198 | $ | 972 | $ | 1,475 | ||||||||||||||||||
Allowance for loan losses related to impaired loans | $ | 97 | $ | 205 | $ | 69 | $ | 82 | $ | 15 | $ | 2 | $ | — | $ | — | $ | 28 | $ | 30 | $ | 209 | $ | 319 | ||||||||||||||||||
Unpaid principal balance of impaired loans(b) | 475 | 957 | 522 | 626 | 40 | 22 | 1 | — | 275 | 318 | 1,313 | 1,923 | ||||||||||||||||||||||||||||||
(a) | When the discounted cash flows, collateral value or market price equals or exceeds the recorded investment in the loan, the loan does not require an allowance. This typically occurs when the impaired loans have been partially charged-off and/or there have been interest payments received and applied to the loan balance. | |||||||||||||||||||||||||||||||||||||||||
(b) | Represents the contractual amount of principal owed at September 30, 2013, and December 31, 2012. The unpaid principal balance differs from the impaired loan balances due to various factors, including charge-offs; interest payments received and applied to the carrying value; net deferred loan fees or costs; and unamortized discount or premiums on purchased loans. | |||||||||||||||||||||||||||||||||||||||||
Impaired Financing Receivables, Average Recorded Investment [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The following table presents the Firm’s average impaired loans for the periods indicated. | ||||||||||||||||||||||||||||||||||||||||||
Three months | Nine months | |||||||||||||||||||||||||||||||||||||||||
ended September 30, | ended September 30, | |||||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||||||
Commercial and industrial | $ | 342 | $ | 830 | $ | 445 | $ | 879 | ||||||||||||||||||||||||||||||||||
Real estate | 450 | 742 | 500 | 825 | ||||||||||||||||||||||||||||||||||||||
Financial institutions | 18 | 11 | 12 | 20 | ||||||||||||||||||||||||||||||||||||||
Government agencies | 1 | 8 | — | 12 | ||||||||||||||||||||||||||||||||||||||
Other | 215 | 205 | 222 | 300 | ||||||||||||||||||||||||||||||||||||||
Total(a) | $ | 1,026 | $ | 1,796 | $ | 1,179 | $ | 2,036 | ||||||||||||||||||||||||||||||||||
(a) | The related interest income on accruing impaired loans and interest income recognized on a cash basis were not material for the three and nine months ended September 30, 2013 and 2012. | |||||||||||||||||||||||||||||||||||||||||
Troubled Debt Restructurings on Financing Receivables, Roll Forward [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The following tables provide information about the Firm’s wholesale loans that have been modified in TDRs, including a reconciliation of the beginning and ending balances of such loans and information regarding the nature and extent of modifications during the periods presented. | ||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, | Commercial and industrial | Real estate | Other (b) | Total | ||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||
Beginning balance of TDRs | $ | 109 | $ | 464 | $ | 111 | $ | 121 | $ | 34 | $ | 30 | $ | 254 | $ | 615 | ||||||||||||||||||||||||||
New TDRs | — | $ | 15 | — | 14 | — | 4 | — | 33 | |||||||||||||||||||||||||||||||||
Increases to existing TDRs | — | 13 | — | — | — | — | — | 13 | ||||||||||||||||||||||||||||||||||
Charge-offs post-modification | — | (2 | ) | — | — | — | — | — | (2 | ) | ||||||||||||||||||||||||||||||||
Sales and other(a) | (30 | ) | (113 | ) | (9 | ) | (13 | ) | (9 | ) | (13 | ) | (48 | ) | (139 | ) | ||||||||||||||||||||||||||
Ending balance of TDRs | $ | 79 | $ | 377 | $ | 102 | $ | 122 | $ | 25 | $ | 21 | $ | 206 | $ | 520 | ||||||||||||||||||||||||||
Nine months ended September 30, | Commercial and industrial | Real estate | Other (b) | Total | ||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||
Beginning balance of TDRs | $ | 575 | $ | 531 | $ | 99 | $ | 176 | $ | 22 | $ | 43 | $ | 696 | $ | 750 | ||||||||||||||||||||||||||
New TDRs | 41 | $ | 71 | 41 | 24 | 37 | 70 | 119 | 165 | |||||||||||||||||||||||||||||||||
Increases to existing TDRs | 4 | 33 | — | — | — | — | 4 | 33 | ||||||||||||||||||||||||||||||||||
Charge-offs post-modification | (1 | ) | (17 | ) | (3 | ) | (2 | ) | — | (7 | ) | (4 | ) | (26 | ) | |||||||||||||||||||||||||||
Sales and other(a) | (540 | ) | (241 | ) | (35 | ) | (76 | ) | (34 | ) | (85 | ) | (609 | ) | (402 | ) | ||||||||||||||||||||||||||
Ending balance of TDRs | $ | 79 | $ | 377 | $ | 102 | $ | 122 | $ | 25 | $ | 21 | $ | 206 | $ | 520 | ||||||||||||||||||||||||||
TDRs on nonaccrual status | $ | 79 | $ | 304 | $ | 69 | $ | 90 | $ | 25 | $ | 20 | $ | 173 | $ | 414 | ||||||||||||||||||||||||||
Additional commitments to lend to borrowers whose loans have been modified in TDRs | 15 | 192 | — | — | 4 | — | 19 | 192 | ||||||||||||||||||||||||||||||||||
(a) | Sales and other are largely sales and paydowns, but also included performing loans restructured at market rates that were removed from the reported TDR balance of zero and $3 million during the three months ended September 30, 2013 and 2012, respectively, and zero and $43 million during the nine months ended September 30, 2013 and 2012, respectively. Loans that have been removed continue to be evaluated along with other impaired loans to determine the asset-specific component of the allowance for loan losses (see Note 15 on pages 276–279 of JPMorgan Chase’s 2012 Annual Report). | |||||||||||||||||||||||||||||||||||||||||
(b) | Includes loans to Financial institutions, Government agencies and Other. | |||||||||||||||||||||||||||||||||||||||||
Residential Real Estate, Excluding Purchased Credit-Impaired | Consumer, excluding credit card | ' | |||||||||||||||||||||||||||||||||||||||||
Loans and Leases Receivable Disclosure [Line Items] | ' | |||||||||||||||||||||||||||||||||||||||||
Financing Receivable Credit Quality Indicators [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
Residential real estate – excluding PCI loans | ||||||||||||||||||||||||||||||||||||||||||
Home equity | ||||||||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | Senior lien | Junior lien | ||||||||||||||||||||||||||||||||||||||||
September 30, | December 31, | September 30, | December 31, | |||||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||||
Loan delinquency(a) | ||||||||||||||||||||||||||||||||||||||||||
Current | $ | 16,987 | $ | 18,688 | $ | 41,334 | $ | 46,805 | ||||||||||||||||||||||||||||||||||
30–149 days past due | 282 | 330 | 648 | 960 | ||||||||||||||||||||||||||||||||||||||
150 or more days past due | 352 | 367 | 222 | 235 | ||||||||||||||||||||||||||||||||||||||
Total retained loans | $ | 17,621 | $ | 19,385 | $ | 42,204 | $ | 48,000 | ||||||||||||||||||||||||||||||||||
% of 30+ days past due to total retained loans | 3.6 | % | 3.6 | % | 2.06 | % | 2.49 | % | ||||||||||||||||||||||||||||||||||
90 or more days past due and still accruing | $ | — | $ | — | $ | — | $ | — | ||||||||||||||||||||||||||||||||||
90 or more days past due and government guaranteed(b) | — | — | — | — | ||||||||||||||||||||||||||||||||||||||
Nonaccrual loans | 926 | 931 | 1,922 | 2,277 | ||||||||||||||||||||||||||||||||||||||
Current estimated LTV ratios(c)(d)(e) | ||||||||||||||||||||||||||||||||||||||||||
Greater than 125% and refreshed FICO scores: | ||||||||||||||||||||||||||||||||||||||||||
Equal to or greater than 660 | $ | 59 | $ | 197 | $ | 1,632 | $ | 4,561 | ||||||||||||||||||||||||||||||||||
Less than 660 | 33 | 93 | 504 | 1,338 | ||||||||||||||||||||||||||||||||||||||
101% to 125% and refreshed FICO scores: | ||||||||||||||||||||||||||||||||||||||||||
Equal to or greater than 660 | 262 | 491 | 5,285 | 7,089 | ||||||||||||||||||||||||||||||||||||||
Less than 660 | 123 | 191 | 1,584 | 1,971 | ||||||||||||||||||||||||||||||||||||||
80% to 100% and refreshed FICO scores: | ||||||||||||||||||||||||||||||||||||||||||
Equal to or greater than 660 | 983 | 1,502 | 8,388 | 9,604 | ||||||||||||||||||||||||||||||||||||||
Less than 660 | 353 | 485 | 2,206 | 2,279 | ||||||||||||||||||||||||||||||||||||||
Less than 80% and refreshed FICO scores: | ||||||||||||||||||||||||||||||||||||||||||
Equal to or greater than 660 | 13,403 | 13,988 | 19,324 | 18,252 | ||||||||||||||||||||||||||||||||||||||
Less than 660 | 2,405 | 2,438 | 3,281 | 2,906 | ||||||||||||||||||||||||||||||||||||||
U.S. government-guaranteed | — | — | — | — | ||||||||||||||||||||||||||||||||||||||
Total retained loans | $ | 17,621 | $ | 19,385 | $ | 42,204 | $ | 48,000 | ||||||||||||||||||||||||||||||||||
Geographic region | ||||||||||||||||||||||||||||||||||||||||||
California | $ | 2,469 | $ | 2,786 | $ | 9,597 | $ | 10,969 | ||||||||||||||||||||||||||||||||||
New York | 2,785 | 2,847 | 8,699 | 9,753 | ||||||||||||||||||||||||||||||||||||||
Illinois | 1,280 | 1,358 | 2,910 | 3,265 | ||||||||||||||||||||||||||||||||||||||
Florida | 865 | 892 | 2,238 | 2,572 | ||||||||||||||||||||||||||||||||||||||
Texas | 2,134 | 2,508 | 1,250 | 1,503 | ||||||||||||||||||||||||||||||||||||||
New Jersey | 639 | 652 | 2,512 | 2,838 | ||||||||||||||||||||||||||||||||||||||
Arizona | 1,053 | 1,183 | 1,892 | 2,151 | ||||||||||||||||||||||||||||||||||||||
Washington | 575 | 651 | 1,432 | 1,629 | ||||||||||||||||||||||||||||||||||||||
Michigan | 824 | 910 | 1,015 | 1,169 | ||||||||||||||||||||||||||||||||||||||
Ohio | 1,342 | 1,514 | 945 | 1,091 | ||||||||||||||||||||||||||||||||||||||
All other(f) | 3,655 | 4,084 | 9,714 | 11,060 | ||||||||||||||||||||||||||||||||||||||
Total retained loans | $ | 17,621 | $ | 19,385 | $ | 42,204 | $ | 48,000 | ||||||||||||||||||||||||||||||||||
(a) | Individual delinquency classifications included mortgage loans insured by U.S. government agencies as follows: current included $4.0 billion and $3.8 billion; 30–149 days past due included $2.3 billion and $2.3 billion; and 150 or more days past due included $7.6 billion and $9.5 billion at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||||||||||||||||||
(b) | These balances, which are 90 days or more past due but insured by U.S. government agencies, are excluded from nonaccrual loans. In predominately all cases, 100% of the principal balance of the loans is insured and interest is guaranteed at a specified reimbursement rate subject to meeting agreed-upon servicing guidelines. These amounts are excluded from nonaccrual loans because reimbursement of insured and guaranteed amounts is proceeding normally. At September 30, 2013, and December 31, 2012, these balances included $5.5 billion and $6.8 billion, respectively, of loans that are no longer accruing interest because interest has been curtailed by the U.S. government agencies although, in predominantly all cases, 100% of the principal is still insured. For the remaining balance, interest is being accrued at the guaranteed reimbursement rate. | |||||||||||||||||||||||||||||||||||||||||
(c) | Represents the aggregate unpaid principal balance of loans divided by the estimated current property value. Current property values are estimated, at a minimum, quarterly, based on home valuation models using nationally recognized home price index valuation estimates incorporating actual data to the extent available and forecasted data where actual data is not available. These property values do not represent actual appraised loan level collateral values; as such, the resulting ratios are necessarily imprecise and should be viewed as estimates. | |||||||||||||||||||||||||||||||||||||||||
(d) | Junior lien represents combined LTV, which considers all available lien positions related to the property. All other products are presented without consideration of subordinate liens on the property. | |||||||||||||||||||||||||||||||||||||||||
(e) | Refreshed FICO scores represent each borrower’s most recent credit score, which is obtained by the Firm on at least a quarterly basis. | |||||||||||||||||||||||||||||||||||||||||
(f) | At September 30, 2013, and December 31, 2012, included mortgage loans insured by U.S. government agencies of $13.9 billion and $15.6 billion, respectively. | |||||||||||||||||||||||||||||||||||||||||
(g) | At September 30, 2013, and December 31, 2012, excluded mortgage loans insured by U.S. government agencies of $9.9 billion and $11.8 billion, respectively. These amounts were excluded as reimbursement of insured amounts is proceeding normally. | |||||||||||||||||||||||||||||||||||||||||
(table continued from previous page) | ||||||||||||||||||||||||||||||||||||||||||
Mortgages | ||||||||||||||||||||||||||||||||||||||||||
Prime, including option ARMs | Subprime | Total residential real estate – excluding PCI | ||||||||||||||||||||||||||||||||||||||||
September 30, | December 31, | September 30, | December 31, | September 30, | December 31, | |||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||
$ | 72,940 | $ | 61,439 | $ | 6,165 | $ | 6,673 | $ | 137,426 | $ | 133,605 | |||||||||||||||||||||||||||||||
2,997 | 3,237 | 637 | 727 | 4,564 | 5,254 | |||||||||||||||||||||||||||||||||||||
9,130 | 11,580 | 574 | 855 | 10,278 | 13,037 | |||||||||||||||||||||||||||||||||||||
$ | 85,067 | $ | 76,256 | $ | 7,376 | $ | 8,255 | $ | 152,268 | $ | 151,896 | |||||||||||||||||||||||||||||||
2.64 | % | (g) | 3.97 | % | (g) | 16.42 | % | 19.16 | % | 3.26 | % | (g) | 4.28 | % | (g) | |||||||||||||||||||||||||||
$ | — | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||||||||||||||||||||||||
8,763 | 10,625 | — | — | 8,763 | 10,625 | |||||||||||||||||||||||||||||||||||||
3,124 | 3,445 | 1,485 | 1,807 | 7,457 | 8,460 | |||||||||||||||||||||||||||||||||||||
$ | 1,520 | $ | 2,573 | $ | 80 | $ | 236 | $ | 3,291 | $ | 7,567 | |||||||||||||||||||||||||||||||
416 | 991 | 274 | 653 | 1,227 | 3,075 | |||||||||||||||||||||||||||||||||||||
1,962 | 3,697 | 298 | 457 | 7,807 | 11,734 | |||||||||||||||||||||||||||||||||||||
923 | 1,376 | 719 | 985 | 3,349 | 4,523 | |||||||||||||||||||||||||||||||||||||
4,957 | 7,070 | 638 | 726 | 14,966 | 18,902 | |||||||||||||||||||||||||||||||||||||
1,765 | 2,117 | 1,210 | 1,346 | 5,534 | 6,227 | |||||||||||||||||||||||||||||||||||||
54,221 | 38,281 | 1,878 | 1,793 | 88,826 | 72,314 | |||||||||||||||||||||||||||||||||||||
5,453 | 4,549 | 2,279 | 2,059 | 13,418 | 11,952 | |||||||||||||||||||||||||||||||||||||
13,850 | 15,602 | — | — | 13,850 | 15,602 | |||||||||||||||||||||||||||||||||||||
$ | 85,067 | $ | 76,256 | $ | 7,376 | $ | 8,255 | $ | 152,268 | $ | 151,896 | |||||||||||||||||||||||||||||||
$ | 21,183 | $ | 17,539 | $ | 1,091 | $ | 1,240 | $ | 34,340 | $ | 32,534 | |||||||||||||||||||||||||||||||
13,552 | 11,190 | 974 | 1,081 | 26,010 | 24,871 | |||||||||||||||||||||||||||||||||||||
5,036 | 3,999 | 291 | 323 | 9,517 | 8,945 | |||||||||||||||||||||||||||||||||||||
4,590 | 4,372 | 925 | 1,031 | 8,618 | 8,867 | |||||||||||||||||||||||||||||||||||||
3,428 | 2,927 | 231 | 257 | 7,043 | 7,195 | |||||||||||||||||||||||||||||||||||||
2,659 | 2,131 | 353 | 399 | 6,163 | 6,020 | |||||||||||||||||||||||||||||||||||||
1,334 | 1,162 | 150 | 165 | 4,429 | 4,661 | |||||||||||||||||||||||||||||||||||||
1,905 | 1,741 | 155 | 177 | 4,067 | 4,198 | |||||||||||||||||||||||||||||||||||||
977 | 866 | 183 | 203 | 2,999 | 3,148 | |||||||||||||||||||||||||||||||||||||
449 | 405 | 171 | 191 | 2,907 | 3,201 | |||||||||||||||||||||||||||||||||||||
29,954 | 29,924 | 2,852 | 3,188 | 46,175 | 48,256 | |||||||||||||||||||||||||||||||||||||
$ | 85,067 | $ | 76,256 | $ | 7,376 | $ | 8,255 | $ | 152,268 | $ | 151,896 | |||||||||||||||||||||||||||||||
Impaired Financing Receivables [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The table below sets forth information about the Firm’s residential real estate impaired loans, excluding PCI loans. These loans are considered to be impaired as they have been modified in a TDR. All impaired loans are evaluated for an asset-specific allowance as described in Note 14 on page 178 of this Form 10-Q. | ||||||||||||||||||||||||||||||||||||||||||
Home equity | Mortgages | Total residential | ||||||||||||||||||||||||||||||||||||||||
real estate | ||||||||||||||||||||||||||||||||||||||||||
(in millions) | Senior lien | Junior lien | Prime, including | Subprime | – excluding PCI | |||||||||||||||||||||||||||||||||||||
option ARMs | ||||||||||||||||||||||||||||||||||||||||||
Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | |||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||
Impaired loans | ||||||||||||||||||||||||||||||||||||||||||
With an allowance | $ | 583 | $ | 542 | $ | 715 | $ | 677 | $ | 6,155 | $ | 5,810 | $ | 3,054 | $ | 3,071 | $ | 10,507 | $ | 10,100 | ||||||||||||||||||||||
Without an allowance(a) | 572 | 550 | 594 | 546 | 1,134 | 1,308 | 716 | 741 | 3,016 | 3,145 | ||||||||||||||||||||||||||||||||
Total impaired loans(b) | $ | 1,155 | $ | 1,092 | $ | 1,309 | $ | 1,223 | $ | 7,289 | $ | 7,118 | $ | 3,770 | $ | 3,812 | $ | 13,523 | $ | 13,245 | ||||||||||||||||||||||
Allowance for loan losses related to impaired loans | $ | 117 | $ | 159 | $ | 185 | $ | 188 | $ | 164 | $ | 70 | $ | 99 | $ | 174 | $ | 565 | $ | 591 | ||||||||||||||||||||||
Unpaid principal balance of impaired loans(c) | 1,526 | 1,408 | 2,602 | 2,352 | 9,331 | 9,095 | 5,613 | 5,700 | 19,072 | 18,555 | ||||||||||||||||||||||||||||||||
Impaired loans on nonaccrual status(d) | 637 | 607 | 666 | 599 | 2,017 | 1,888 | 1,181 | 1,308 | 4,501 | 4,402 | ||||||||||||||||||||||||||||||||
(a) | Represents collateral-dependent residential mortgage loans that are charged off to the fair value of the underlying collateral less cost to sell. | |||||||||||||||||||||||||||||||||||||||||
(b) | At September 30, 2013, and December 31, 2012, $7.3 billion and $7.5 billion, respectively, of loans modified subsequent to repurchase from Government National Mortgage Association (“Ginnie Mae”) in accordance with the standards of the appropriate government agency (i.e., Federal Housing Administration (“FHA”), U.S. Department of Veterans Affairs (“VA”), Rural Housing Services (“RHS”)) are not included in the table above. When such loans perform subsequent to modification in accordance with Ginnie Mae guidelines, they are generally sold back into Ginnie Mae loan pools. Modified loans that do not re-perform become subject to foreclosure. | |||||||||||||||||||||||||||||||||||||||||
(c) | Represents the contractual amount of principal owed at September 30, 2013, and December 31, 2012. The unpaid principal balance differs from the impaired loan balances due to various factors, including charge-offs, net deferred loan fees or costs; and unamortized discounts or premiums on purchased loans. | |||||||||||||||||||||||||||||||||||||||||
(d) | As of September 30, 2013, and December 31, 2012, nonaccrual loans included $3.2 billion and $2.9 billion, respectively, of TDRs for which the borrowers were less than 90 days past due. For additional information about loans modified in a TDR that are on nonaccrual status refer to the Loan accounting framework in Note 14 on pages 250–253 of JPMorgan Chase’s 2012 Annual Report. | |||||||||||||||||||||||||||||||||||||||||
Impaired Financing Receivables, Average Recorded Investment [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The following tables present average impaired loans and the related interest income reported by the Firm. | ||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, | Average impaired loans | Interest income on | Interest income on impaired | |||||||||||||||||||||||||||||||||||||||
impaired loans(a) | loans on a cash basis(a) | |||||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||||
Home equity | ||||||||||||||||||||||||||||||||||||||||||
Senior lien | $ | 1,156 | $ | 607 | $ | 15 | $ | 6 | $ | 10 | $ | 1 | ||||||||||||||||||||||||||||||
Junior lien | 1,309 | 782 | 21 | 9 | 14 | 1 | ||||||||||||||||||||||||||||||||||||
Mortgages | ||||||||||||||||||||||||||||||||||||||||||
Prime, including option ARMs | 7,310 | 6,430 | 72 | 65 | 16 | 6 | ||||||||||||||||||||||||||||||||||||
Subprime | 3,799 | 3,148 | 50 | 45 | 13 | 7 | ||||||||||||||||||||||||||||||||||||
Total residential real estate – excluding PCI | $ | 13,574 | $ | 10,967 | $ | 158 | $ | 125 | $ | 53 | $ | 15 | ||||||||||||||||||||||||||||||
Nine months ended September 30, | Average impaired loans | Interest income on | Interest income on impaired | |||||||||||||||||||||||||||||||||||||||
impaired loans(a) | loans on a cash basis(a) | |||||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||||
Home equity | ||||||||||||||||||||||||||||||||||||||||||
Senior lien | $ | 1,151 | $ | 445 | $ | 44 | $ | 12 | $ | 30 | $ | 2 | ||||||||||||||||||||||||||||||
Junior lien | 1,293 | 734 | 62 | 22 | 41 | 3 | ||||||||||||||||||||||||||||||||||||
Mortgages | ||||||||||||||||||||||||||||||||||||||||||
Prime, including option ARMs | 7,239 | 5,619 | 211 | 169 | 45 | 16 | ||||||||||||||||||||||||||||||||||||
Subprime | 3,819 | 3,252 | 150 | 132 | 42 | 17 | ||||||||||||||||||||||||||||||||||||
Total residential real estate – excluding PCI | $ | 13,502 | $ | 10,050 | $ | 467 | $ | 335 | $ | 158 | $ | 38 | ||||||||||||||||||||||||||||||
(a) | Generally, interest income on loans modified in TDRs is recognized on a cash basis until such time as the borrower has made a minimum of six payments under the new terms. | |||||||||||||||||||||||||||||||||||||||||
Troubled Debt Restructurings on Financing Receivables, Roll Forward [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The following tables reconcile the beginning and ending balances of residential real estate loans, excluding PCI loans, modified in TDRs for the periods presented. | ||||||||||||||||||||||||||||||||||||||||||
Three months ended | Home equity | Mortgages | Total residential | |||||||||||||||||||||||||||||||||||||||
September 30, | Senior lien | Junior lien | Prime, including option ARMs | Subprime | real estate – excluding PCI | |||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||
Beginning balance of TDRs | $ | 1,160 | $ | 560 | $ | 1,315 | $ | 762 | $ | 7,303 | $ | 6,092 | $ | 3,825 | $ | 3,484 | $ | 13,603 | $ | 10,898 | ||||||||||||||||||||||
New TDRs | 35 | 590 | 70 | 478 | 224 | 1,136 | 66 | 458 | 395 | 2,662 | ||||||||||||||||||||||||||||||||
Charge-offs post-modification(a) | (7 | ) | (18 | ) | (18 | ) | (52 | ) | (12 | ) | (37 | ) | (16 | ) | (65 | ) | (53 | ) | (172 | ) | ||||||||||||||||||||||
Foreclosures and other liquidations (e.g., short sales) | (3 | ) | — | (7 | ) | (1 | ) | (42 | ) | (28 | ) | (20 | ) | (26 | ) | (72 | ) | (55 | ) | |||||||||||||||||||||||
Principal payments and other | (30 | ) | (9 | ) | (51 | ) | (27 | ) | (184 | ) | (113 | ) | (85 | ) | (27 | ) | (350 | ) | (176 | ) | ||||||||||||||||||||||
Ending balance of TDRs | $ | 1,155 | $ | 1,123 | $ | 1,309 | $ | 1,160 | $ | 7,289 | $ | 7,050 | $ | 3,770 | $ | 3,824 | $ | 13,523 | $ | 13,157 | ||||||||||||||||||||||
Permanent modifications | $ | 1,114 | $ | 1,086 | $ | 1,304 | $ | 1,147 | $ | 7,069 | $ | 6,719 | $ | 3,639 | $ | 3,653 | $ | 13,126 | $ | 12,605 | ||||||||||||||||||||||
Trial modifications | $ | 41 | $ | 37 | $ | 5 | $ | 13 | $ | 220 | $ | 331 | $ | 131 | $ | 171 | $ | 397 | $ | 552 | ||||||||||||||||||||||
Nine months ended | Home equity | Mortgages | Total residential | |||||||||||||||||||||||||||||||||||||||
September 30, | Senior lien | Junior lien | Prime, including option ARMs | Subprime | real estate – excluding PCI | |||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||
Beginning balance of TDRs | $ | 1,092 | $ | 335 | $ | 1,223 | $ | 657 | $ | 7,118 | $ | 4,877 | $ | 3,812 | $ | 3,219 | $ | 13,245 | $ | 9,088 | ||||||||||||||||||||||
New TDRs | 175 | 833 | 299 | 667 | 852 | 2,626 | 283 | 942 | 1,609 | 5,068 | ||||||||||||||||||||||||||||||||
Charge-offs post-modification(a) | (25 | ) | (27 | ) | (75 | ) | (75 | ) | (45 | ) | (97 | ) | (81 | ) | (159 | ) | (226 | ) | (358 | ) | ||||||||||||||||||||||
Foreclosures and other liquidations (e.g., short sales) | (12 | ) | — | (18 | ) | (6 | ) | (116 | ) | (85 | ) | (58 | ) | (86 | ) | (204 | ) | (177 | ) | |||||||||||||||||||||||
Principal payments and other | (75 | ) | (18 | ) | (120 | ) | (83 | ) | (520 | ) | (271 | ) | (186 | ) | (92 | ) | (901 | ) | (464 | ) | ||||||||||||||||||||||
Ending balance of TDRs | $ | 1,155 | $ | 1,123 | $ | 1,309 | $ | 1,160 | $ | 7,289 | $ | 7,050 | $ | 3,770 | $ | 3,824 | $ | 13,523 | $ | 13,157 | ||||||||||||||||||||||
Permanent modifications | $ | 1,114 | $ | 1,086 | $ | 1,304 | $ | 1,147 | $ | 7,069 | $ | 6,719 | $ | 3,639 | $ | 3,653 | $ | 13,126 | $ | 12,605 | ||||||||||||||||||||||
Trial modifications | $ | 41 | $ | 37 | $ | 5 | $ | 13 | $ | 220 | $ | 331 | $ | 131 | $ | 171 | $ | 397 | $ | 552 | ||||||||||||||||||||||
(a) | Includes charge-offs on unsuccessful trial modifications. | |||||||||||||||||||||||||||||||||||||||||
Troubled Debt Restructurings on Financing Receivables, Nature and Extent of Modifications [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The following tables provide information about how residential real estate loans, excluding PCI loans, were modified under the Firm’s loss mitigation programs during the periods presented. These tables exclude Chapter 7 loans where the sole concession granted is the discharge of debt. At September 30, 2013, there were approximately 37,900 of such Chapter 7 loans, consisting of approximately 9,200 senior lien home equity loans, 22,200 junior lien home equity loans, 3,300 prime mortgage, including option ARMs, and 3,200 subprime mortgages. | ||||||||||||||||||||||||||||||||||||||||||
Three months ended | Home equity | Mortgages | Total residential | |||||||||||||||||||||||||||||||||||||||
September 30, | real estate - | |||||||||||||||||||||||||||||||||||||||||
Senior lien | Junior lien | Prime, including option ARMs | Subprime | excluding PCI | ||||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||
Number of loans approved for a trial modification(a) | 347 | 527 | 146 | 306 | 584 | 1,145 | 960 | 1,422 | 2,037 | 3,400 | ||||||||||||||||||||||||||||||||
Number of loans permanently modified | 410 | 1,039 | 1,012 | 2,178 | 1,046 | 2,947 | 1,200 | 2,396 | 3,668 | 8,560 | ||||||||||||||||||||||||||||||||
Concession granted:(a)(b) | ||||||||||||||||||||||||||||||||||||||||||
Interest rate reduction | 68 | % | 77 | % | 90 | % | 85 | % | 72 | % | 55 | % | 73 | % | 65 | % | 77 | % | 68 | % | ||||||||||||||||||||||
Term or payment extension | 77 | 60 | 80 | 75 | 77 | 46 | 60 | 51 | 72 | 57 | ||||||||||||||||||||||||||||||||
Principal and/or interest deferred | 16 | 8 | 21 | 14 | 35 | 11 | 17 | 7 | 23 | 10 | ||||||||||||||||||||||||||||||||
Principal forgiveness | 40 | 18 | 36 | 33 | 33 | 47 | 45 | 50 | 39 | 40 | ||||||||||||||||||||||||||||||||
Other(c) | — | — | — | — | 22 | 25 | 14 | 11 | 11 | 12 | ||||||||||||||||||||||||||||||||
Nine months ended | Home equity | Mortgages | Total residential | |||||||||||||||||||||||||||||||||||||||
September 30, | real estate - | |||||||||||||||||||||||||||||||||||||||||
Senior lien | Junior lien | Prime, including option ARMs | Subprime | excluding PCI | ||||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||
Number of loans approved for a trial modification(a) | 1,409 | 1,366 | 514 | 727 | 2,416 | 3,058 | 3,572 | 3,754 | 7,911 | 8,905 | ||||||||||||||||||||||||||||||||
Number of loans permanently modified | 1,360 | 3,736 | 3,681 | 6,042 | 3,659 | 7,651 | 4,347 | 8,240 | 13,047 | 25,669 | ||||||||||||||||||||||||||||||||
Concession granted:(a)(b) | ||||||||||||||||||||||||||||||||||||||||||
Interest rate reduction | 71 | % | 85 | % | 88 | % | 88 | % | 73 | % | 74 | % | 71 | % | 69 | % | 77 | % | 77 | % | ||||||||||||||||||||||
Term or payment extension | 74 | 42 | 78 | 76 | 71 | 56 | 54 | 39 | 67 | 53 | ||||||||||||||||||||||||||||||||
Principal and/or interest deferred | 12 | 5 | 23 | 16 | 30 | 14 | 13 | 6 | 20 | 11 | ||||||||||||||||||||||||||||||||
Principal forgiveness | 39 | 7 | 36 | 18 | 38 | 25 | 50 | 40 | 42 | 26 | ||||||||||||||||||||||||||||||||
Other(c) | — | — | — | — | 24 | 30 | 14 | 8 | 11 | 11 | ||||||||||||||||||||||||||||||||
(a) | Prior period amounts have been revised to conform with the current presentation. | |||||||||||||||||||||||||||||||||||||||||
(b) | Represents concessions granted in permanent modifications as a percentage of the number of loans permanently modified. The sum of the percentages exceeds 100% because predominantly all of the modifications include more than one type of concession. A significant portion of trial modifications include interest rate reductions and/or term or payment extensions. | |||||||||||||||||||||||||||||||||||||||||
(c) | Represents variable interest rate to fixed interest rate modifications. | |||||||||||||||||||||||||||||||||||||||||
Troubled Debt Restructurings on Financing Receivables, Financial Effects of Modifications and Redefaults [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The following tables provide information about the financial effects of the various concessions granted in modifications of residential real estate loans, excluding PCI, under the Firm’s loss mitigation programs and about redefaults of certain loans modified in TDRs for the periods presented. Because the specific types and amounts of concessions offered to borrowers frequently change between the trial modification and the permanent modification, the following tables present only the financial effects of permanent modifications. These tables also exclude Chapter 7 loans where the sole concession granted is the discharge of debt. | ||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, | Home equity | Mortgages | Total residential real estate – excluding PCI | |||||||||||||||||||||||||||||||||||||||
(in millions, except weighted-average | Senior lien | Junior lien | Prime, including option ARMs | Subprime | ||||||||||||||||||||||||||||||||||||||
data and number of loans) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||
Weighted-average interest rate of loans with interest rate reductions – before TDR | 5.95 | % | 7.08 | % | 5.14 | % | 5.24 | % | 5.04 | % | 5.95 | % | 7.17 | % | 7.7 | % | 5.67 | % | 6.37 | % | ||||||||||||||||||||||
Weighted-average interest rate of loans with interest rate reductions – after TDR | 3.04 | 4.49 | 2.26 | 1.97 | 2.68 | 3.64 | 3.42 | 3.97 | 2.85 | 3.59 | ||||||||||||||||||||||||||||||||
Weighted-average remaining contractual term (in years) of loans with term or payment extensions – before TDR | 20 | 19 | 19 | 20 | 25 | 25 | 24 | 23 | 24 | 24 | ||||||||||||||||||||||||||||||||
Weighted-average remaining contractual term (in years) of loans with term or payment extensions – after TDR | 32 | 26 | 34 | 33 | 38 | 37 | 36 | 33 | 36 | 34 | ||||||||||||||||||||||||||||||||
Charge-offs recognized upon permanent modification | $ | 2 | $ | 4 | $ | 16 | $ | 23 | $ | 4 | $ | 3 | $ | — | $ | 7 | $ | 22 | $ | 37 | ||||||||||||||||||||||
Principal deferred | 2 | 1 | 4 | 6 | 40 | 26 | 13 | 9 | 59 | 42 | ||||||||||||||||||||||||||||||||
Principal forgiven | 7 | 7 | 13 | 27 | 46 | 119 | 47 | 89 | 113 | 242 | ||||||||||||||||||||||||||||||||
Number of loans that redefaulted within one year of permanent modification(a) | 112 | 127 | 311 | 395 | 156 | 257 | 288 | 406 | 867 | 1,185 | ||||||||||||||||||||||||||||||||
Balance of loans that redefaulted within one year of permanent modification(a) | $ | 6 | $ | 11 | $ | 6 | $ | 11 | $ | 35 | $ | 72 | $ | 28 | $ | 42 | $ | 75 | $ | 136 | ||||||||||||||||||||||
Nine months ended September 30, | Home equity | Mortgages | Total residential real estate – excluding PCI | |||||||||||||||||||||||||||||||||||||||
(in millions, except weighted-average | Senior lien | Junior lien | Prime, including option ARMs | Subprime | ||||||||||||||||||||||||||||||||||||||
data and number of loans) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||
Weighted-average interest rate of loans with interest rate reductions – before TDR | 6.35 | % | 7.24 | % | 5.14 | % | 5.56 | % | 5.27 | % | 6.18 | % | 7.39 | % | 7.74 | % | 5.89 | % | 6.6 | % | ||||||||||||||||||||||
Weighted-average interest rate of loans with interest rate reductions – after TDR | 3.32 | 4.71 | 2.23 | 1.91 | 2.78 | 3.82 | 3.51 | 4.26 | 2.94 | 3.82 | ||||||||||||||||||||||||||||||||
Weighted-average remaining contractual term (in years) of loans with term or payment extensions – before TDR | 19 | 19 | 19 | 21 | 25 | 25 | 24 | 24 | 23 | 24 | ||||||||||||||||||||||||||||||||
Weighted-average remaining contractual term (in years) of loans with term or payment extensions – after TDR | 32 | 28 | 34 | 33 | 37 | 35 | 35 | 32 | 36 | 34 | ||||||||||||||||||||||||||||||||
Charge-offs recognized upon permanent modification | $ | 6 | $ | 6 | $ | 58 | $ | 35 | $ | 15 | $ | 26 | $ | 6 | $ | 19 | $ | 85 | $ | 86 | ||||||||||||||||||||||
Principal deferred | 5 | 3 | 18 | 18 | 107 | 101 | 34 | 33 | 164 | 155 | ||||||||||||||||||||||||||||||||
Principal forgiven | 24 | 10 | 42 | 38 | 176 | 172 | 186 | 238 | 428 | 458 | ||||||||||||||||||||||||||||||||
Number of loans that redefaulted within one year of permanent modification(a) | 327 | 249 | 845 | 1,065 | 533 | 677 | 857 | 1,055 | 2,562 | 3,046 | ||||||||||||||||||||||||||||||||
Balance of loans that redefaulted within one year of permanent modification(a) | $ | 22 | $ | 20 | $ | 17 | $ | 36 | $ | 134 | $ | 190 | $ | 84 | $ | 115 | $ | 257 | $ | 361 | ||||||||||||||||||||||
(a) | Represents loans permanently modified in TDRs that experienced a payment default in the periods presented, and for which the payment default occurred within one year of the modification. The dollar amounts presented represent the balance of such loans at the end of the reporting period in which such loans defaulted. For residential real estate loans modified in TDRs, payment default is deemed to occur when the loan becomes two contractual payments past due. In the event that a modified loan redefaults, it is probable that the loan will ultimately be liquidated through foreclosure or another similar type of liquidation transaction. Redefaults of loans modified within the last 12 months may not be representative of ultimate redefault levels. | |||||||||||||||||||||||||||||||||||||||||
Home Equity - Junior Lien | Consumer, excluding credit card | ' | |||||||||||||||||||||||||||||||||||||||||
Loans and Leases Receivable Disclosure [Line Items] | ' | |||||||||||||||||||||||||||||||||||||||||
Financing Receivable Credit Quality Indicators [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The following tables represent the Firm’s delinquency statistics for junior lien home equity loans and lines as of September 30, 2013, and December 31, 2012. | ||||||||||||||||||||||||||||||||||||||||||
Delinquencies | Total 30+ day delinquency rate | |||||||||||||||||||||||||||||||||||||||||
30-Sep-13 | 30–89 days past due | 90–149 days past due | 150+ days | Total loans | ||||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | past due | |||||||||||||||||||||||||||||||||||||||||
HELOCs:(a) | ||||||||||||||||||||||||||||||||||||||||||
Within the revolving period(b) | $ | 344 | $ | 112 | $ | 161 | $ | 33,645 | 1.83 | % | ||||||||||||||||||||||||||||||||
Beyond the revolving period | 64 | 14 | 41 | 4,397 | 2.71 | |||||||||||||||||||||||||||||||||||||
HELOANs | 86 | 28 | 20 | 4,162 | 3.22 | |||||||||||||||||||||||||||||||||||||
Total | $ | 494 | $ | 154 | $ | 222 | $ | 42,204 | 2.06 | % | ||||||||||||||||||||||||||||||||
Delinquencies | Total 30+ day delinquency rate | |||||||||||||||||||||||||||||||||||||||||
December 31, 2012 | 30–89 days past due | 90–149 days past due | 150+ days | Total loans | ||||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | past due | |||||||||||||||||||||||||||||||||||||||||
HELOCs:(a) | ||||||||||||||||||||||||||||||||||||||||||
Within the revolving period(b) | $ | 514 | $ | 196 | $ | 185 | $ | 40,794 | 2.19 | % | ||||||||||||||||||||||||||||||||
Beyond the revolving period | 48 | 19 | 27 | 2,127 | 4.42 | |||||||||||||||||||||||||||||||||||||
HELOANs | 125 | 58 | 23 | 5,079 | 4.06 | |||||||||||||||||||||||||||||||||||||
Total | $ | 687 | $ | 273 | $ | 235 | $ | 48,000 | 2.49 | % | ||||||||||||||||||||||||||||||||
(a) These HELOCs are predominantly revolving loans for a 10-year period, after which time the HELOC converts to a loan with a 20-year amortization period, but also include HELOCs originated by Washington Mutual that require interest-only payments beyond the revolving period. | ||||||||||||||||||||||||||||||||||||||||||
(b) The Firm manages the risk of HELOCs during their revolving period by closing or reducing the undrawn line to the extent permitted by law when borrowers are experiencing financial difficulty or when the collateral does not support the loan amount. | ||||||||||||||||||||||||||||||||||||||||||
Purchased Credit-Impaired | Consumer, excluding credit card | ' | |||||||||||||||||||||||||||||||||||||||||
Loans and Leases Receivable Disclosure [Line Items] | ' | |||||||||||||||||||||||||||||||||||||||||
Financing Receivable Credit Quality Indicators [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The table below sets forth information about the Firm’s consumer, excluding credit card, PCI loans. | ||||||||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | Home equity | Prime mortgage | Subprime mortgage | Option ARMs | Total PCI | |||||||||||||||||||||||||||||||||||||
Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | |||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||
Carrying value(a) | $ | 19,411 | $ | 20,971 | $ | 12,487 | $ | 13,674 | $ | 4,297 | $ | 4,626 | $ | 18,564 | $ | 20,466 | $ | 54,759 | $ | 59,737 | ||||||||||||||||||||||
Related allowance for loan losses(b) | 1,758 | 1,908 | 1,929 | 1,929 | 380 | 380 | 894 | 1,494 | 4,961 | 5,711 | ||||||||||||||||||||||||||||||||
Loan delinquency (based on unpaid principal balance) | ||||||||||||||||||||||||||||||||||||||||||
Current | $ | 18,679 | $ | 20,331 | $ | 10,403 | $ | 11,078 | $ | 4,146 | $ | 4,198 | $ | 15,863 | $ | 16,415 | $ | 49,091 | $ | 52,022 | ||||||||||||||||||||||
30–149 days past due | 577 | 803 | 584 | 740 | 620 | 698 | 952 | 1,314 | 2,733 | 3,555 | ||||||||||||||||||||||||||||||||
150 or more days past due | 1,156 | 1,209 | 1,393 | 2,066 | 927 | 1,430 | 3,271 | 4,862 | 6,747 | 9,567 | ||||||||||||||||||||||||||||||||
Total loans | $ | 20,412 | $ | 22,343 | $ | 12,380 | $ | 13,884 | $ | 5,693 | $ | 6,326 | $ | 20,086 | $ | 22,591 | $ | 58,571 | $ | 65,144 | ||||||||||||||||||||||
% of 30+ days past due to total loans | 8.49 | % | 9.01 | % | 15.97 | % | 20.21 | % | 27.17 | % | 33.64 | % | 21.02 | % | 27.34 | % | 16.19 | % | 20.14 | % | ||||||||||||||||||||||
Current estimated LTV ratios (based on unpaid principal balance)(c)(d) | ||||||||||||||||||||||||||||||||||||||||||
Greater than 125% and refreshed FICO scores: | ||||||||||||||||||||||||||||||||||||||||||
Equal to or greater than 660 | $ | 1,729 | $ | 4,508 | $ | 416 | $ | 1,478 | $ | 167 | $ | 375 | $ | 441 | $ | 1,597 | $ | 2,753 | $ | 7,958 | ||||||||||||||||||||||
Less than 660 | 927 | 2,344 | 471 | 1,449 | 623 | 1,300 | 919 | 2,729 | 2,940 | 7,822 | ||||||||||||||||||||||||||||||||
101% to 125% and refreshed FICO scores: | ||||||||||||||||||||||||||||||||||||||||||
Equal to or greater than 660 | 3,766 | 4,966 | 1,397 | 2,968 | 361 | 434 | 1,572 | 3,281 | 7,096 | 11,649 | ||||||||||||||||||||||||||||||||
Less than 660 | 1,758 | 2,098 | 1,233 | 1,983 | 1,046 | 1,256 | 2,059 | 3,200 | 6,096 | 8,537 | ||||||||||||||||||||||||||||||||
80% to 100% and refreshed FICO scores: | ||||||||||||||||||||||||||||||||||||||||||
Equal to or greater than 660 | 4,370 | 3,531 | 2,797 | 1,872 | 502 | 416 | 3,566 | 3,794 | 11,235 | 9,613 | ||||||||||||||||||||||||||||||||
Less than 660 | 1,704 | 1,305 | 1,796 | 1,378 | 1,204 | 1,182 | 3,059 | 2,974 | 7,763 | 6,839 | ||||||||||||||||||||||||||||||||
Lower than 80% and refreshed FICO scores: | ||||||||||||||||||||||||||||||||||||||||||
Equal to or greater than 660 | 4,462 | 2,524 | 2,381 | 1,356 | 444 | 255 | 4,909 | 2,624 | 12,196 | 6,759 | ||||||||||||||||||||||||||||||||
Less than 660 | 1,696 | 1,067 | 1,889 | 1,400 | 1,346 | 1,108 | 3,561 | 2,392 | 8,492 | 5,967 | ||||||||||||||||||||||||||||||||
Total unpaid principal balance | $ | 20,412 | $ | 22,343 | $ | 12,380 | $ | 13,884 | $ | 5,693 | $ | 6,326 | $ | 20,086 | $ | 22,591 | $ | 58,571 | $ | 65,144 | ||||||||||||||||||||||
Geographic region (based on unpaid principal balance) | ||||||||||||||||||||||||||||||||||||||||||
California | $ | 12,298 | $ | 13,493 | $ | 7,111 | $ | 7,877 | $ | 1,329 | $ | 1,444 | $ | 10,761 | $ | 11,889 | $ | 31,499 | $ | 34,703 | ||||||||||||||||||||||
New York | 989 | 1,067 | 839 | 927 | 588 | 649 | 1,259 | 1,404 | 3,675 | 4,047 | ||||||||||||||||||||||||||||||||
Illinois | 463 | 502 | 371 | 433 | 295 | 338 | 506 | 587 | 1,635 | 1,860 | ||||||||||||||||||||||||||||||||
Florida | 1,911 | 2,054 | 884 | 1,023 | 564 | 651 | 2,008 | 2,480 | 5,367 | 6,208 | ||||||||||||||||||||||||||||||||
Texas | 340 | 385 | 110 | 148 | 337 | 368 | 103 | 118 | 890 | 1,019 | ||||||||||||||||||||||||||||||||
New Jersey | 390 | 423 | 354 | 401 | 226 | 260 | 744 | 854 | 1,714 | 1,938 | ||||||||||||||||||||||||||||||||
Arizona | 370 | 408 | 193 | 215 | 97 | 105 | 278 | 305 | 938 | 1,033 | ||||||||||||||||||||||||||||||||
Washington | 1,106 | 1,215 | 277 | 328 | 118 | 142 | 481 | 563 | 1,982 | 2,248 | ||||||||||||||||||||||||||||||||
Michigan | 63 | 70 | 194 | 211 | 150 | 163 | 211 | 235 | 618 | 679 | ||||||||||||||||||||||||||||||||
Ohio | 24 | 27 | 58 | 71 | 89 | 100 | 79 | 89 | 250 | 287 | ||||||||||||||||||||||||||||||||
All other | 2,458 | 2,699 | 1,989 | 2,250 | 1,900 | 2,106 | 3,656 | 4,067 | 10,003 | 11,122 | ||||||||||||||||||||||||||||||||
Total unpaid principal balance | $ | 20,412 | $ | 22,343 | $ | 12,380 | $ | 13,884 | $ | 5,693 | $ | 6,326 | $ | 20,086 | $ | 22,591 | $ | 58,571 | $ | 65,144 | ||||||||||||||||||||||
(a) | Carrying value includes the effect of fair value adjustments that were applied to the consumer PCI portfolio at the date of acquisition. | |||||||||||||||||||||||||||||||||||||||||
(b) | Management concluded as part of the Firm’s regular assessment of the PCI loan pools that it was probable that higher expected credit losses would result in a decrease in expected cash flows. As a result, an allowance for loan losses for impairment of these pools has been recognized. | |||||||||||||||||||||||||||||||||||||||||
(c) | Represents the aggregate unpaid principal balance of loans divided by the estimated current property value. Current property values are estimated, at a minimum, quarterly, based on home valuation models using nationally recognized home price index valuation estimates incorporating actual data to the extent available and forecasted data where actual data is not available. These property values do not represent actual appraised loan level collateral values; as such, the resulting ratios are necessarily imprecise and should be viewed as estimates. Current estimated combined LTV for junior lien home equity loans considers all available lien positions related to the property. | |||||||||||||||||||||||||||||||||||||||||
(d) | Refreshed FICO scores, which the Firm obtains at least quarterly, represent each borrower’s most recent credit score. | |||||||||||||||||||||||||||||||||||||||||
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Movement, Roll Forward [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The table below sets forth the accretable yield activity for the Firm’s PCI consumer loans for the three and nine months ended September 30, 2013 and 2012, and represents the Firm’s estimate of gross interest income expected to be earned over the remaining life of the PCI loan portfolios. The table excludes the cost to fund the PCI portfolios, and therefore the accretable yield does not represent net interest income expected to be earned on these portfolios. | ||||||||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | Total PCI | |||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | |||||||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||||
Beginning balance | $ | 18,606 | $ | 19,567 | $ | 18,457 | $ | 19,072 | ||||||||||||||||||||||||||||||||||
Accretion into interest income | (535 | ) | (606 | ) | (1,673 | ) | (1,902 | ) | ||||||||||||||||||||||||||||||||||
Changes in interest rates on variable-rate loans | (102 | ) | (91 | ) | (212 | ) | (264 | ) | ||||||||||||||||||||||||||||||||||
Other changes in expected cash flows(a) | (259 | ) | 28 | 1,138 | 1,992 | |||||||||||||||||||||||||||||||||||||
Balance at September 30 | $ | 17,710 | $ | 18,898 | $ | 17,710 | $ | 18,898 | ||||||||||||||||||||||||||||||||||
Accretable yield percentage | 4.24 | % | 4.3 | % | 4.32 | % | 4.41 | % | ||||||||||||||||||||||||||||||||||
(a) | Other changes in expected cash flows may vary from period-to-period as the Firm continues to refine its cash flow model and periodically updates model assumptions. For the three months ended September 30, 2013, other changes in expected cash flows were predominantly driven by changes in prepayment assumptions. For the nine months ended September 30, 2013, other changes in expected cash flows were due to refining the expected interest cash flows on HELOCs with balloon payments, partially offset by changes in prepayment assumptions. For the three and nine months ended September 30, 2012, other changes in expected cash flows were principally driven by the impact of modifications, but also related to changes in prepayment assumptions. | |||||||||||||||||||||||||||||||||||||||||
PCI - Home Equity, Junior Lien | Consumer, excluding credit card | ' | |||||||||||||||||||||||||||||||||||||||||
Loans and Leases Receivable Disclosure [Line Items] | ' | |||||||||||||||||||||||||||||||||||||||||
Financing Receivable Credit Quality Indicators [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The following tables set forth delinquency statistics for PCI junior lien home equity loans and lines of credit based on unpaid principal balance as of September 30, 2013, and December 31, 2012. | ||||||||||||||||||||||||||||||||||||||||||
Delinquencies | ||||||||||||||||||||||||||||||||||||||||||
30-Sep-13 | 30–89 days past due | 90–149 days past due | 150+ days past due | Total loans | Total 30+ day delinquency rate | |||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | ||||||||||||||||||||||||||||||||||||||||||
HELOCs:(a) | ||||||||||||||||||||||||||||||||||||||||||
Within the revolving period(b) | $ | 251 | $ | 92 | $ | 561 | $ | 13,156 | 6.87 | % | ||||||||||||||||||||||||||||||||
Beyond the revolving period(c) | 50 | 17 | 63 | 1,961 | 6.63 | |||||||||||||||||||||||||||||||||||||
HELOANs | 26 | 11 | 41 | 932 | 8.37 | |||||||||||||||||||||||||||||||||||||
Total | $ | 327 | $ | 120 | $ | 665 | $ | 16,049 | 6.93 | % | ||||||||||||||||||||||||||||||||
Delinquencies | ||||||||||||||||||||||||||||||||||||||||||
31-Dec-12 | 30–89 days past due | 90–149 days past due | 150+ days past due | Total loans | Total 30+ day delinquency rate | |||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | ||||||||||||||||||||||||||||||||||||||||||
HELOCs:(a) | ||||||||||||||||||||||||||||||||||||||||||
Within the revolving period(b) | $ | 361 | $ | 175 | $ | 591 | $ | 15,915 | 7.08 | % | ||||||||||||||||||||||||||||||||
Beyond the revolving period(c) | 30 | 13 | 20 | 666 | 9.46 | |||||||||||||||||||||||||||||||||||||
HELOANs | 37 | 18 | 44 | 1,085 | 9.12 | |||||||||||||||||||||||||||||||||||||
Total | $ | 428 | $ | 206 | $ | 655 | $ | 17,666 | 7.3 | % | ||||||||||||||||||||||||||||||||
(a) | In general, these HELOCs are revolving loans for a 10-year period, after which time the HELOC converts to an interest-only loan with a balloon payment at the end of the loan’s term. | |||||||||||||||||||||||||||||||||||||||||
(b) | Substantially all undrawn HELOCs within the revolving period have been closed. | |||||||||||||||||||||||||||||||||||||||||
(c) | Includes loans modified into fixed rate amortizing loans. | |||||||||||||||||||||||||||||||||||||||||
Other Consumer | Consumer, excluding credit card | ' | |||||||||||||||||||||||||||||||||||||||||
Loans and Leases Receivable Disclosure [Line Items] | ' | |||||||||||||||||||||||||||||||||||||||||
Financing Receivable Credit Quality Indicators [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The table below provides information for other consumer retained loan classes, including auto, business banking and student loans. | ||||||||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | Auto | Business banking | Student and other | Total other consumer | ||||||||||||||||||||||||||||||||||||||
Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | Sep 30, | Dec 31, | |||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||
Loan delinquency(a) | ||||||||||||||||||||||||||||||||||||||||||
Current | $ | 50,337 | $ | 49,290 | $ | 18,292 | $ | 18,482 | $ | 10,604 | $ | 11,038 | $ | 79,233 | $ | 78,810 | ||||||||||||||||||||||||||
30–119 days past due | 467 | 616 | 253 | 263 | 670 | 709 | 1,390 | 1,588 | ||||||||||||||||||||||||||||||||||
120 or more days past due | 6 | 7 | 165 | 138 | 390 | 444 | 561 | 589 | ||||||||||||||||||||||||||||||||||
Total retained loans | $ | 50,810 | $ | 49,913 | $ | 18,710 | $ | 18,883 | $ | 11,664 | $ | 12,191 | $ | 81,184 | $ | 80,987 | ||||||||||||||||||||||||||
% of 30+ days past due to total retained loans | 0.93 | % | 1.25 | % | 2.23 | % | 2.12 | % | 2.49 | % | (d) | 2.12 | % | (d) | 1.46 | % | (d) | 1.58 | % | (d) | ||||||||||||||||||||||
90 or more days past due and still accruing (b) | $ | — | $ | — | $ | — | $ | — | $ | 456 | $ | 525 | $ | 456 | $ | 525 | ||||||||||||||||||||||||||
Nonaccrual loans | 125 | 163 | 413 | 481 | 81 | 70 | 619 | 714 | ||||||||||||||||||||||||||||||||||
Geographic region | ||||||||||||||||||||||||||||||||||||||||||
California | $ | 5,384 | $ | 4,962 | $ | 2,076 | $ | 1,983 | $ | 1,110 | $ | 1,108 | $ | 8,570 | $ | 8,053 | ||||||||||||||||||||||||||
New York | 3,757 | 3,742 | 2,963 | 2,981 | 1,213 | 1,202 | 7,933 | 7,925 | ||||||||||||||||||||||||||||||||||
Illinois | 2,760 | 2,738 | 1,317 | 1,404 | 739 | 748 | 4,816 | 4,890 | ||||||||||||||||||||||||||||||||||
Florida | 1,900 | 1,922 | 599 | 527 | 539 | 556 | 3,038 | 3,005 | ||||||||||||||||||||||||||||||||||
Texas | 4,945 | 4,739 | 2,613 | 2,749 | 873 | 891 | 8,431 | 8,379 | ||||||||||||||||||||||||||||||||||
New Jersey | 1,987 | 1,921 | 382 | 379 | 396 | 409 | 2,765 | 2,709 | ||||||||||||||||||||||||||||||||||
Arizona | 1,803 | 1,719 | 1,006 | 1,139 | 257 | 265 | 3,066 | 3,123 | ||||||||||||||||||||||||||||||||||
Washington | 932 | 824 | 220 | 202 | 221 | 287 | 1,373 | 1,313 | ||||||||||||||||||||||||||||||||||
Michigan | 1,932 | 2,091 | 1,257 | 1,368 | 522 | 548 | 3,711 | 4,007 | ||||||||||||||||||||||||||||||||||
Ohio | 2,219 | 2,462 | 1,370 | 1,443 | 720 | 770 | 4,309 | 4,675 | ||||||||||||||||||||||||||||||||||
All other | 23,191 | 22,793 | 4,907 | 4,708 | 5,074 | 5,407 | 33,172 | 32,908 | ||||||||||||||||||||||||||||||||||
Total retained loans | $ | 50,810 | $ | 49,913 | $ | 18,710 | $ | 18,883 | $ | 11,664 | $ | 12,191 | $ | 81,184 | $ | 80,987 | ||||||||||||||||||||||||||
Loans by risk ratings(c) | ||||||||||||||||||||||||||||||||||||||||||
Noncriticized | $ | 8,443 | $ | 8,882 | $ | 13,372 | $ | 13,336 | NA | NA | $ | 21,815 | $ | 22,218 | ||||||||||||||||||||||||||||
Criticized performing | 83 | 130 | 703 | 713 | NA | NA | 786 | 843 | ||||||||||||||||||||||||||||||||||
Criticized nonaccrual | 2 | 4 | 338 | 386 | NA | NA | 340 | 390 | ||||||||||||||||||||||||||||||||||
(a) | Individual delinquency classifications included loans insured by U.S. government agencies under the Federal Family Education Loan Program (“FFELP”) as follows: current included $5.0 billion and $5.4 billion; 30-119 days past due included $395 million and $466 million; and 120 or more days past due included $374 million and $428 million at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||||||||||||||||||
(b) | These amounts represent student loans, which are insured by U.S. government agencies under the FFELP. These amounts were accruing as reimbursement of insured amounts is proceeding normally. | |||||||||||||||||||||||||||||||||||||||||
(c) | For risk-rated business banking and auto loans, the primary credit quality indicator is the risk rating of the loan, including whether the loans are considered to be criticized and/or nonaccrual. | |||||||||||||||||||||||||||||||||||||||||
(d) | September 30, 2013, and December 31, 2012, excluded loans 30 days or more past due and still accruing, which are insured by U.S. government agencies under the FFELP, of $769 million and $894 million, respectively. These amounts were excluded as reimbursement of insured amounts is proceeding normally. | |||||||||||||||||||||||||||||||||||||||||
Impaired Financing Receivables [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The table below sets forth information about the Firm’s other consumer impaired loans, including risk-rated business banking and auto loans that have been placed on nonaccrual status, and loans that have been modified in TDRs. | ||||||||||||||||||||||||||||||||||||||||||
(in millions) | Auto | Business banking | Total other consumer(c) | |||||||||||||||||||||||||||||||||||||||
September 30, | December 31, | September 30, | December 31, | September 30, | December 31, | |||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||
Impaired loans | ||||||||||||||||||||||||||||||||||||||||||
With an allowance | $ | 63 | $ | 78 | $ | 510 | $ | 543 | $ | 573 | $ | 621 | ||||||||||||||||||||||||||||||
Without an allowance(a) | 53 | 72 | — | — | 53 | 72 | ||||||||||||||||||||||||||||||||||||
Total impaired loans | $ | 116 | $ | 150 | $ | 510 | $ | 543 | $ | 626 | $ | 693 | ||||||||||||||||||||||||||||||
Allowance for loan losses related to | $ | 10 | $ | 12 | $ | 114 | $ | 126 | $ | 124 | $ | 138 | ||||||||||||||||||||||||||||||
impaired loans | ||||||||||||||||||||||||||||||||||||||||||
Unpaid principal balance of impaired loans(b) | 213 | 259 | 595 | 624 | 808 | 883 | ||||||||||||||||||||||||||||||||||||
Impaired loans on nonaccrual status | 83 | 109 | 351 | 394 | 434 | 503 | ||||||||||||||||||||||||||||||||||||
(a) | When discounted cash flows, collateral value or market price equals or exceeds the recorded investment in the loan, the loan does not require an allowance. This typically occurs when the impaired loans have been partially charged off and/or there have been interest payments received and applied to the loan balance. | |||||||||||||||||||||||||||||||||||||||||
(b) | Represents the contractual amount of principal owed at September 30, 2013, and December 31, 2012. The unpaid principal balance differs from the impaired loan balances due to various factors, including charge-offs; interest payments received and applied to the principal balance; net deferred loan fees or costs; and unamortized discounts or premiums on purchased loans. | |||||||||||||||||||||||||||||||||||||||||
(c) | There were no impaired student and other loans at September 30, 2013, and December 31, 2012. | |||||||||||||||||||||||||||||||||||||||||
Impaired Financing Receivables, Average Recorded Investment [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The following table presents average impaired loans for the periods presented. | ||||||||||||||||||||||||||||||||||||||||||
(in millions) | Average impaired loans(b) | |||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | |||||||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||||
Auto | $ | 118 | $ | 110 | $ | 131 | $ | 97 | ||||||||||||||||||||||||||||||||||
Business banking | 511 | 589 | 527 | 641 | ||||||||||||||||||||||||||||||||||||||
Total other consumer(a) | $ | 629 | $ | 699 | $ | 658 | $ | 738 | ||||||||||||||||||||||||||||||||||
(a) | There were no impaired student and other loans for the three or nine months ended September 30, 2013 and 2012. | |||||||||||||||||||||||||||||||||||||||||
(b) | The related interest income on impaired loans, including those on a cash basis, was not material for the three or nine months ended September 30, 2013 and 2012. | |||||||||||||||||||||||||||||||||||||||||
Troubled Debt Restructurings on Financing Receivables [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The following table provides information about the Firm’s other consumer loans modified in TDRs. All of these TDRs are reported as impaired loans in the tables above. | ||||||||||||||||||||||||||||||||||||||||||
(in millions) | Auto | Business banking | Total other consumer(c) | |||||||||||||||||||||||||||||||||||||||
September 30, | December 31, | September 30, | December 31, | September 30, | December 31, | |||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||
Loans modified in | $ | 116 | $ | 150 | $ | 299 | $ | 352 | $ | 415 | $ | 502 | ||||||||||||||||||||||||||||||
troubled debt restructurings(a)(b) | ||||||||||||||||||||||||||||||||||||||||||
TDRs on nonaccrual status | 83 | 109 | 140 | 203 | 223 | 312 | ||||||||||||||||||||||||||||||||||||
(a) | These modifications generally provided interest rate concessions to the borrower or term or payment extensions. | |||||||||||||||||||||||||||||||||||||||||
(b) | Additional commitments to lend to borrowers whose loans have been modified in TDRs as of September 30, 2013, and December 31, 2012, were immaterial. | |||||||||||||||||||||||||||||||||||||||||
(c) | There were no student and other loans modified in TDRs at September 30, 2013, and December 31, 2012. | |||||||||||||||||||||||||||||||||||||||||
Troubled Debt Restructurings on Financing Receivables, Roll Forward [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The following tables reconcile the beginning and ending balances of other consumer loans modified in TDRs for the periods presented. | ||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, | Auto | Business banking | Total other consumer | |||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||||
Beginning balance of TDRs | $ | 124 | $ | 86 | $ | 324 | $ | 366 | $ | 448 | $ | 452 | ||||||||||||||||||||||||||||||
New TDRs | 26 | 92 | 13 | 23 | 39 | 115 | ||||||||||||||||||||||||||||||||||||
Charge-offs post-modification | (2 | ) | (2 | ) | (5 | ) | (2 | ) | (7 | ) | (4 | ) | ||||||||||||||||||||||||||||||
Foreclosures and other liquidations | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||
Principal payments and other | (32 | ) | (12 | ) | (33 | ) | (35 | ) | (65 | ) | (47 | ) | ||||||||||||||||||||||||||||||
Ending balance of TDRs | $ | 116 | $ | 164 | $ | 299 | $ | 352 | $ | 415 | $ | 516 | ||||||||||||||||||||||||||||||
Nine months ended September 30, | Auto | Business banking | Total other consumer | |||||||||||||||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||||||||
Beginning balance of TDRs | $ | 150 | $ | 88 | $ | 352 | $ | 415 | $ | 502 | $ | 503 | ||||||||||||||||||||||||||||||
New TDRs | 68 | 119 | 53 | 57 | 121 | 176 | ||||||||||||||||||||||||||||||||||||
Charge-offs post-modification | (7 | ) | (6 | ) | (7 | ) | (7 | ) | (14 | ) | (13 | ) | ||||||||||||||||||||||||||||||
Foreclosures and other liquidations | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||
Principal payments and other | (95 | ) | (37 | ) | (99 | ) | (113 | ) | (194 | ) | (150 | ) | ||||||||||||||||||||||||||||||
Ending balance of TDRs | $ | 116 | $ | 164 | $ | 299 | $ | 352 | $ | 415 | $ | 516 | ||||||||||||||||||||||||||||||
Troubled Debt Restructurings on Financing Receivables, Financial Effects of Modifications and Redefaults [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The following table provides information about the financial effects of the various concessions granted in modifications of other consumer loans for the periods presented. | ||||||||||||||||||||||||||||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | |||||||||||||||||||||||||||||||||||||||||
Auto | Business banking | Auto | Business banking | |||||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||
Weighted-average interest rate of loans with interest rate reductions – before TDR | 13.64 | % | 13.84 | % | 10.2 | % | 7.72 | % | 13.35 | % | 11.93 | % | 8.34 | % | 7.98 | % | ||||||||||||||||||||||||||
Weighted-average interest rate of loans with interest rate reductions – after TDR | 4.95 | 4.99 | 6.67 | 5.51 | 4.94 | 4.8 | 5.99 | 5.87 | ||||||||||||||||||||||||||||||||||
Weighted-average remaining contractual term (in years) of loans with term or payment extensions – before TDR | NM | NM | 0.4 | 1 | NM | NM | 1.2 | 1 | ||||||||||||||||||||||||||||||||||
Weighted-average remaining contractual term (in years) of loans with term or payment extensions – after TDR | NM | NM | 1.9 | 2.2 | NM | NM | 2.8 | 2.4 | ||||||||||||||||||||||||||||||||||
Wholesale Real Estate | Wholesale | ' | |||||||||||||||||||||||||||||||||||||||||
Loans and Leases Receivable Disclosure [Line Items] | ' | |||||||||||||||||||||||||||||||||||||||||
Financing Receivable Credit Quality Indicators [Table Text Block] | ' | |||||||||||||||||||||||||||||||||||||||||
The following table presents additional information on the real estate class of loans within the Wholesale portfolio segment for the periods indicated. For further information on real estate loans, see Note 14 on pages 250–275 of JPMorgan Chase’s 2012 Annual Report. | ||||||||||||||||||||||||||||||||||||||||||
(in millions, except ratios) | Multifamily | Commercial lessors | ||||||||||||||||||||||||||||||||||||||||
September 30, | December 31, | September 30, | December 31, | |||||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||||
Real estate retained loans | $ | 42,704 | $ | 38,030 | $ | 15,474 | $ | 14,668 | ||||||||||||||||||||||||||||||||||
Criticized exposure | 1,313 | 2,118 | 1,524 | 1,951 | ||||||||||||||||||||||||||||||||||||||
% of criticized exposure to total real estate retained loans | 3.07 | % | 5.57 | % | 9.85 | % | 13.3 | % | ||||||||||||||||||||||||||||||||||
Criticized nonaccrual | $ | 227 | $ | 249 | $ | 165 | $ | 207 | ||||||||||||||||||||||||||||||||||
% of criticized nonaccrual to total real estate retained loans | 0.53 | % | 0.65 | % | 1.07 | % | 1.41 | % | ||||||||||||||||||||||||||||||||||
(table continued from previous page) | ||||||||||||||||||||||||||||||||||||||||||
Commercial construction and development | Other | Total real estate loans | ||||||||||||||||||||||||||||||||||||||||
September 30, | December 31, | September 30, | December 31, | September 30, | December 31, | |||||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||||||||||||||
$ | 3,611 | $ | 2,989 | $ | 5,244 | $ | 5,053 | $ | 67,033 | $ | 60,740 | |||||||||||||||||||||||||||||||
87 | 119 | 35 | 189 | 2,959 | 4,377 | |||||||||||||||||||||||||||||||||||||
2.41 | % | 3.98 | % | 0.67 | % | 3.74 | % | 4.41 | % | 7.21 | % | |||||||||||||||||||||||||||||||
$ | 6 | $ | 21 | $ | 8 | $ | 43 | $ | 406 | $ | 520 | |||||||||||||||||||||||||||||||
0.17 | % | 0.7 | % | 0.15 | % | 0.85 | % | 0.61 | % | 0.86 | % |
Allowance_for_Credit_Losses_Ta
Allowance for Credit Losses (Tables) | 9 Months Ended | |||||||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||||||
Allowance for Credit Losses [Abstract] | ' | |||||||||||||||||||||||||||||
Allowance for Credit Losses on Financing Receivables | ' | |||||||||||||||||||||||||||||
The table below summarizes information about the allowance for loan losses, loans by impairment methodology, the allowance for lending-related commitments and lending-related commitments by impairment methodology. | ||||||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||||
Nine months ended September 30, | Consumer, excluding credit card | Credit card | Wholesale | Total | Consumer, excluding credit card | Credit card | Wholesale | Total | ||||||||||||||||||||||
(in millions) | ||||||||||||||||||||||||||||||
Allowance for loan losses | ||||||||||||||||||||||||||||||
Beginning balance at January 1, | $ | 12,292 | $ | 5,501 | $ | 4,143 | $ | 21,936 | $ | 16,294 | $ | 6,999 | $ | 4,316 | $ | 27,609 | ||||||||||||||
Gross charge-offs | 1,829 | 3,461 | 190 | 5,480 | 4,001 | (c) | 4,494 | 213 | 8,708 | |||||||||||||||||||||
Gross recoveries | (337 | ) | (473 | ) | (196 | ) | (1,006 | ) | (393 | ) | (647 | ) | (233 | ) | (1,273 | ) | ||||||||||||||
Net charge-offs/(recoveries) | 1,492 | 2,988 | (6 | ) | 4,474 | 3,608 | (c) | 3,847 | (20 | ) | 7,435 | |||||||||||||||||||
Provision for loan losses | (1,346 | ) | 1,588 | (130 | ) | 112 | 314 | 2,347 | (14 | ) | 2,647 | |||||||||||||||||||
Other | (6 | ) | (4 | ) | 7 | (3 | ) | (12 | ) | 4 | 11 | 3 | ||||||||||||||||||
Ending balance at September 30, | $ | 9,448 | $ | 4,097 | $ | 4,026 | $ | 17,571 | $ | 12,988 | $ | 5,503 | $ | 4,333 | $ | 22,824 | ||||||||||||||
Allowance for loan losses by impairment methodology | ||||||||||||||||||||||||||||||
Asset-specific(a) | $ | 689 | $ | 1,080 | (b) | $ | 209 | $ | 1,978 | $ | 918 | $ | 1,909 | (b) | $ | 388 | $ | 3,215 | ||||||||||||
Formula-based | 3,798 | 3,017 | 3,817 | 10,632 | 6,359 | 3,594 | 3,945 | 13,898 | ||||||||||||||||||||||
PCI | 4,961 | — | — | 4,961 | 5,711 | — | — | 5,711 | ||||||||||||||||||||||
Total allowance for loan losses | $ | 9,448 | $ | 4,097 | $ | 4,026 | $ | 17,571 | $ | 12,988 | $ | 5,503 | $ | 4,333 | $ | 22,824 | ||||||||||||||
Loans by impairment methodology | ||||||||||||||||||||||||||||||
Asset-specific | $ | 14,149 | $ | 3,468 | $ | 972 | $ | 18,589 | $ | 13,900 | $ | 5,274 | $ | 1,748 | $ | 20,922 | ||||||||||||||
Formula-based | 219,303 | 120,204 | 309,605 | 649,112 | 219,983 | 119,157 | 295,805 | 634,945 | ||||||||||||||||||||||
PCI | 54,759 | — | 11 | 54,770 | 61,196 | — | 23 | 61,219 | ||||||||||||||||||||||
Total retained loans | $ | 288,211 | $ | 123,672 | $ | 310,588 | $ | 722,471 | $ | 295,079 | $ | 124,431 | $ | 297,576 | $ | 717,086 | ||||||||||||||
Impaired collateral-dependent loans | ||||||||||||||||||||||||||||||
Net charge-offs | $ | 190 | $ | — | $ | 16 | $ | 206 | $ | 992 | $ | — | $ | 57 | $ | 1,049 | ||||||||||||||
Loans measured at fair value of collateral less cost to sell | 3,113 | — | 367 | 3,480 | 3,251 | — | 590 | 3,841 | ||||||||||||||||||||||
Allowance for lending-related commitments | ||||||||||||||||||||||||||||||
Beginning balance at January 1, | $ | 7 | $ | — | $ | 661 | $ | 668 | $ | 7 | $ | — | $ | 666 | $ | 673 | ||||||||||||||
Provision for lending-related commitments | 1 | — | 8 | 9 | (1 | ) | — | 83 | 82 | |||||||||||||||||||||
Other | 1 | — | (1 | ) | — | 1 | — | (4 | ) | (3 | ) | |||||||||||||||||||
Ending balance at September 30, | $ | 9 | $ | — | $ | 668 | $ | 677 | $ | 7 | $ | — | $ | 745 | $ | 752 | ||||||||||||||
Allowance for lending-related commitments by impairment methodology | ||||||||||||||||||||||||||||||
Asset-specific | $ | — | $ | — | $ | 71 | $ | 71 | $ | — | $ | — | $ | 191 | $ | 191 | ||||||||||||||
Formula-based | 9 | — | 597 | 606 | 7 | — | 554 | 561 | ||||||||||||||||||||||
Total allowance for lending-related commitments | $ | 9 | $ | — | $ | 668 | $ | 677 | $ | 7 | $ | — | $ | 745 | $ | 752 | ||||||||||||||
Lending-related commitments by impairment methodology | ||||||||||||||||||||||||||||||
Asset-specific | $ | — | $ | — | $ | 244 | $ | 244 | $ | — | $ | — | $ | 586 | $ | 586 | ||||||||||||||
Formula-based | 58,787 | 532,251 | 448,823 | 1,039,861 | 62,183 | 534,333 | 421,971 | 1,018,487 | ||||||||||||||||||||||
Total lending-related commitments | $ | 58,787 | $ | 532,251 | $ | 449,067 | $ | 1,040,105 | $ | 62,183 | $ | 534,333 | $ | 422,557 | $ | 1,019,073 | ||||||||||||||
(a) | Includes risk-rated loans that have been placed on nonaccrual status and loans that have been modified in a TDR. | |||||||||||||||||||||||||||||
(b) | The asset-specific credit card allowance for loan losses is related to loans that have been modified in a TDR; such allowance is calculated based on the loans’ original contractual interest rates and does not consider any incremental penalty rates. | |||||||||||||||||||||||||||||
(c) | Consumer, excluding credit card, charge-offs for the nine months ended September 30, 2012 included $825 million of incremental charge-offs for Chapter 7 residential real estate loans and $55 million of incremental charge-offs for Chapter 7 auto loans. |
Variable_Interest_Entities_Tab
Variable Interest Entities (Tables) | 9 Months Ended | |||||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||||
Variable Interest Entities (Tables) [Abstract] | ' | |||||||||||||||||||||||||||
Firm-sponsored mortgage and other consumer securitization trusts | ' | |||||||||||||||||||||||||||
The following table presents the total unpaid principal amount of assets held in Firm-sponsored private-label securitization entities, including those in which the Firm has continuing involvement, and those that are consolidated by the Firm. Continuing involvement includes servicing the loans; holding senior interests or subordinated interests; recourse or guarantee arrangements; and derivative transactions. In certain instances, the Firm’s only continuing involvement is servicing the loans. See Securitization activity on page 184 of this Note for further information regarding the Firm’s cash flows with and interests retained in nonconsolidated VIEs, and Loans and excess mortgage servicing rights sold to agencies and other third-party-sponsored securitization entities on page 184 of this Note for information on the Firm’s loan sales to U.S. government agencies. | ||||||||||||||||||||||||||||
Principal amount outstanding | JPMorgan Chase interest in securitized assets in nonconsolidated VIEs(c)(d)(e) | |||||||||||||||||||||||||||
September 30, 2013(a) (in billions) | Total assets held by securitization VIEs | Assets | Assets held in nonconsolidated securitization VIEs with continuing involvement | Trading assets | AFS securities | Total interests held by JPMorgan Chase | ||||||||||||||||||||||
held in consolidated securitization VIEs | ||||||||||||||||||||||||||||
Securitization-related | ||||||||||||||||||||||||||||
Residential mortgage: | ||||||||||||||||||||||||||||
Prime/Alt-A and Option ARMs | $ | 112.9 | $ | 3.6 | $ | 93.7 | $ | 0.5 | $ | 0.3 | $ | 0.8 | ||||||||||||||||
Subprime | 33 | 1.8 | 29.1 | 0.1 | — | 0.1 | ||||||||||||||||||||||
Commercial and other(b) | 125.4 | — | 88.6 | 0.4 | 3 | 3.4 | ||||||||||||||||||||||
Total | $ | 271.3 | $ | 5.4 | $ | 211.4 | $ | 1 | $ | 3.3 | $ | 4.3 | ||||||||||||||||
Principal amount outstanding | JPMorgan Chase interest in securitized assets in nonconsolidated VIEs(c)(d)(e) | |||||||||||||||||||||||||||
December 31, 2012(a) (in billions) | Total assets held by securitization VIEs | Assets held in consolidated securitization VIEs | Assets held in nonconsolidated securitization VIEs with continuing involvement | Trading assets | AFS securities | Total interests held by JPMorgan Chase | ||||||||||||||||||||||
Securitization-related | ||||||||||||||||||||||||||||
Residential mortgage: | ||||||||||||||||||||||||||||
Prime/Alt-A and Option ARMs | $ | 133.5 | $ | 2.7 | $ | 106.7 | $ | 0.3 | $ | — | $ | 0.3 | ||||||||||||||||
Subprime | 34.5 | 1.3 | 31.3 | 0.1 | — | 0.1 | ||||||||||||||||||||||
Commercial and other(b) | 127.8 | — | 81.8 | 1.5 | 2.8 | 4.3 | ||||||||||||||||||||||
Total | $ | 295.8 | $ | 4 | $ | 219.8 | $ | 1.9 | $ | 2.8 | $ | 4.7 | ||||||||||||||||
(a) | Excludes U.S. government agency securitizations. See Loans and excess mortgage servicing rights sold to agencies and other third-party-sponsored securitization entities on page 184 of this Note for information on the Firm’s loan sales to U.S. government agencies. | |||||||||||||||||||||||||||
(b) | Consists of securities backed by commercial loans (predominantly real estate) and non-mortgage-related consumer receivables purchased from third parties. The Firm generally does not retain a residual interest in its sponsored commercial mortgage securitization transactions. | |||||||||||||||||||||||||||
(c) | The table above excludes the following: retained servicing (see Note 16 on pages 186–189 of this Form 10-Q for a discussion of MSRs); securities retained from loans sales to U.S. government agencies; interest rate and foreign exchange derivatives primarily used to manage interest rate and foreign exchange risks of securitization entities (See Note 5 on pages 133–144 of this Form 10-Q for further information on derivatives); senior and subordinated securities of $169 million and $20 million, respectively, at September 30, 2013, and $131 million and $45 million, respectively, at December 31, 2012, which the Firm purchased in connection with CIB’s secondary market-making activities. | |||||||||||||||||||||||||||
(d) | Includes interests held in re-securitization transactions. | |||||||||||||||||||||||||||
(e) | As of September 30, 2013, and December 31, 2012, 58% and 74%, respectively, of the Firm’s retained securitization interests, which are carried at fair value, were risk-rated “A” or better, on an S&P-equivalent basis. The retained interests in prime residential mortgages consisted of $437 million and $170 million of investment-grade and $339 million and $171 million of noninvestment-grade retained interests at September 30, 2013, and December 31, 2012, respectively. The retained interests in commercial and other securitizations trusts consisted of $3.3 billion and $4.1 billion of investment-grade and $154 million and $164 million of noninvestment-grade retained interests at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||||
Firm's exposure to nonconsolidated municipal bond VIEs | ' | |||||||||||||||||||||||||||
The Firm’s exposure to nonconsolidated municipal bond VIEs at September 30, 2013, and December 31, 2012, including the ratings profile of the VIEs’ assets, was as follows. | ||||||||||||||||||||||||||||
(in billions) | Fair value of assets held by VIEs | Liquidity facilities | Excess/(deficit)(a) | Maximum exposure | ||||||||||||||||||||||||
Nonconsolidated municipal bond vehicles | ||||||||||||||||||||||||||||
30-Sep-13 | $ | 12.7 | $ | 7.6 | $ | 5.1 | $ | 7.6 | ||||||||||||||||||||
31-Dec-12 | 14.2 | 8 | 6.2 | 8 | ||||||||||||||||||||||||
Ratings profile of the VIEs' assets | ' | |||||||||||||||||||||||||||
Ratings profile of VIE assets(b) | Fair value of assets held by VIEs | Wt. avg. expected life of assets (years) | ||||||||||||||||||||||||||
Investment-grade | Noninvestment- grade | |||||||||||||||||||||||||||
(in billions, except where otherwise noted) | AAA to AAA- | AA+ to AA- | A+ to A- | BBB+ to BBB- | BB+ and below | |||||||||||||||||||||||
30-Sep-13 | $ | 2.9 | $ | 9.7 | $ | 0.1 | $ | — | $ | — | $ | 12.7 | 6.2 | |||||||||||||||
31-Dec-12 | 3.1 | 11 | 0.1 | — | — | 14.2 | 5.9 | |||||||||||||||||||||
(a) | Represents the excess/(deficit) of the fair values of municipal bond assets available to repay the liquidity facilities, if drawn. | |||||||||||||||||||||||||||
(b) | The ratings scale is presented on an S&P-equivalent basis. Prior periods have been reclassified to conform with the current presentation. | |||||||||||||||||||||||||||
Exposure to nonconsolidated credit-linked note and asset swap VIEs | ' | |||||||||||||||||||||||||||
Exposure to nonconsolidated credit-related note and asset swap VIEs at September 30, 2013, and December 31, 2012, was as follows. | ||||||||||||||||||||||||||||
30-Sep-13 | Net derivative receivables | Total | Par value of collateral held by VIEs(a) | |||||||||||||||||||||||||
(in billions) | exposure | |||||||||||||||||||||||||||
Credit-related notes | ||||||||||||||||||||||||||||
Static structure | $ | — | $ | — | $ | 4.8 | ||||||||||||||||||||||
Managed structure | 0.3 | 0.3 | 4.3 | |||||||||||||||||||||||||
Total credit-related notes | 0.3 | 0.3 | 9.1 | |||||||||||||||||||||||||
Asset swaps | 0.4 | 0.4 | 7.2 | |||||||||||||||||||||||||
Total | $ | 0.7 | $ | 0.7 | $ | 16.3 | ||||||||||||||||||||||
31-Dec-12 | Net derivative receivables | Total | Par value of collateral held by VIEs(a) | |||||||||||||||||||||||||
(in billions) | exposure | |||||||||||||||||||||||||||
Credit-related notes | ||||||||||||||||||||||||||||
Static structure | $ | 0.5 | $ | 0.5 | $ | 7.3 | ||||||||||||||||||||||
Managed structure | 0.6 | 0.6 | 5.6 | |||||||||||||||||||||||||
Total credit-related notes | 1.1 | 1.1 | 12.9 | |||||||||||||||||||||||||
Asset swaps | 0.4 | 0.4 | 7.9 | |||||||||||||||||||||||||
Total | $ | 1.5 | $ | 1.5 | $ | 20.8 | ||||||||||||||||||||||
(a) | The Firm’s maximum exposure arises through the derivatives executed with the VIEs; the exposure varies over time with changes in the fair value of the derivatives. The Firm relies on the collateral held by the VIEs to pay any amounts due under the derivatives; the vehicles are structured at inception so that the par value of the collateral is expected to be sufficient to pay amounts due under the derivative contracts. | |||||||||||||||||||||||||||
Information on assets and liabilities related to VIEs that are consolidated by the Firm | ' | |||||||||||||||||||||||||||
The following table presents information on assets and liabilities related to VIEs consolidated by the Firm as of September 30, 2013, and December 31, 2012. | ||||||||||||||||||||||||||||
Assets | Liabilities | |||||||||||||||||||||||||||
September 30, 2013 (in billions)(a) | Trading assets – | Loans | Other(d) | Total | Beneficial interests in | Other(g) | Total | |||||||||||||||||||||
debt and equity instruments | assets(e) | VIE assets(f) | liabilities | |||||||||||||||||||||||||
VIE program type | ||||||||||||||||||||||||||||
Firm-sponsored credit card trusts | $ | — | $ | 47.5 | $ | 1 | $ | 48.5 | $ | 26.4 | $ | — | $ | 26.4 | ||||||||||||||
Firm-administered multi-seller conduits | — | 17.6 | 0.1 | 17.7 | 13.4 | — | 13.4 | |||||||||||||||||||||
Municipal bond vehicles | 4.4 | — | — | 4.4 | 3.8 | — | 3.8 | |||||||||||||||||||||
Mortgage securitization entities(b) | 2.1 | 1.8 | — | 3.9 | 2.8 | 0.9 | 3.7 | |||||||||||||||||||||
Other(c) | 0.7 | 2.5 | 1.2 | 4.4 | 2.5 | 0.1 | 2.6 | |||||||||||||||||||||
Total | $ | 7.2 | $ | 69.4 | $ | 2.3 | $ | 78.9 | $ | 48.9 | $ | 1 | $ | 49.9 | ||||||||||||||
Assets | Liabilities | |||||||||||||||||||||||||||
December 31, 2012 (in billions)(a) | Trading assets – | Loans | Other(d) | Total | Beneficial interests in | Other(g) | Total | |||||||||||||||||||||
debt and equity instruments | assets(e) | VIE assets(f) | liabilities | |||||||||||||||||||||||||
VIE program type | ||||||||||||||||||||||||||||
Firm-sponsored credit card trusts | $ | — | $ | 51.9 | $ | 0.8 | $ | 52.7 | $ | 30.1 | $ | — | $ | 30.1 | ||||||||||||||
Firm-administered multi-seller conduits | — | 25.4 | 0.1 | 25.5 | 17.2 | — | 17.2 | |||||||||||||||||||||
Municipal bond vehicles | 9.8 | — | 0.1 | 9.9 | 11 | — | 11 | |||||||||||||||||||||
Mortgage securitization entities(b) | 1.4 | 2 | — | 3.4 | 2.3 | 1.1 | 3.4 | |||||||||||||||||||||
Other(c) | 0.8 | 3.4 | 1.1 | 5.3 | 2.6 | 0.1 | 2.7 | |||||||||||||||||||||
Total | $ | 12 | $ | 82.7 | $ | 2.1 | $ | 96.8 | $ | 63.2 | $ | 1.2 | $ | 64.4 | ||||||||||||||
(a) | Excludes intercompany transactions which were eliminated in consolidation. | |||||||||||||||||||||||||||
(b) | Includes residential and commercial mortgage securitizations as well as re-securitizations. | |||||||||||||||||||||||||||
(c) | Primarily comprises student loan securitization entities. The Firm consolidated $2.6 billion and $3.3 billion of student loan securitization entities as of September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||||
(d) | Includes assets classified as cash, derivative receivables, AFS securities, and other assets within the Consolidated Balance Sheets. | |||||||||||||||||||||||||||
(e) | The assets of the consolidated VIEs included in the program types above are used to settle the liabilities of those entities. The difference between total assets and total liabilities recognized for consolidated VIEs represents the Firm’s interest in the consolidated VIEs for each program type. | |||||||||||||||||||||||||||
(f) | The interest-bearing beneficial interest liabilities issued by consolidated VIEs are classified in the line item on the Consolidated Balance Sheets titled, “Beneficial interests issued by consolidated variable interest entities.” The holders of these beneficial interests do not have recourse to the general credit of JPMorgan Chase. Included in beneficial interests in VIE assets are long-term beneficial interests of $31.6 billion and $35.0 billion at September 30, 2013, and December 31, 2012, respectively. The maturities of the long-term beneficial interests as of September 30, 2013, were as follows: $5.5 billion under one year, $18.7 billion between one and five years, and $7.4 billion over five years, all respectively. | |||||||||||||||||||||||||||
(g) | Includes liabilities classified as accounts payable and other liabilities in the Consolidated Balance Sheets. | |||||||||||||||||||||||||||
Securitization activities | ' | |||||||||||||||||||||||||||
The following table provides information related to the Firm’s securitization activities for the three and nine months ended September 30, 2013 and 2012, related to assets held in JPMorgan Chase-sponsored securitization entities that were not consolidated by the Firm, and where sale accounting was achieved based on the accounting rules in effect at the time of the securitization. | ||||||||||||||||||||||||||||
Three months ended September 30, | Nine months ended September 30, | |||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||||||||||||||
(in millions, except rates)(a) | Residential mortgage(d) | Commercial and other(f) | Residential mortgage(d)(e) | Commercial and other(f) | Residential mortgage(d) | Commercial and other(f) | Residential mortgage(d)(e) | Commercial and other(f) | ||||||||||||||||||||
Principal securitized | $ | 345 | $ | 1,867 | $ | — | $ | 1,004 | $ | 1,404 | $ | 7,151 | (f) | $ | — | $ | 3,067 | |||||||||||
All cash flows during the period: | ||||||||||||||||||||||||||||
Proceeds from new securitizations(b) | $ | 330 | $ | 1,855 | $ | — | $ | 1,050 | $ | 1,410 | $ | 7,281 | (f) | $ | — | $ | 3,211 | |||||||||||
Servicing fees collected | 149 | 1 | 155 | 1 | 434 | 4 | 506 | 3 | ||||||||||||||||||||
Purchases of previously transferred financial assets (or the underlying collateral)(c) | 12 | — | 46 | — | 283 | — | 157 | — | ||||||||||||||||||||
Cash flows received on interests | 51 | 116 | 49 | 34 | 106 | 258 | 146 | 116 | ||||||||||||||||||||
(a) | Excludes re-securitization transactions. | |||||||||||||||||||||||||||
(b) | For the three and nine months ended September 30, 2013, $330 million and $1.4 billion, respectively, of proceeds from residential mortgage securitizations were received as securities classified in level 2 of the fair value hierarchy. For the three and nine months ended September 30, 2013, $1.9 billion and $7.1 billion, respectively, of proceeds from commercial mortgage securitizations were received as securities classified in level 2 of the fair value hierarchy and zero and $207 million, respectively, of proceeds from commercial mortgage securitizations were received as cash. For the three and nine months ended September 30, 2012, $1.1 billion and $3.2 billion, respectively, of commercial mortgage securitizations were received as securities classified in level 2 of the fair value hierarchy. | |||||||||||||||||||||||||||
(c) | Includes cash paid by the Firm to reacquire assets from off–balance sheet, nonconsolidated entities – for example, loan repurchases due to representation and warranties and servicer clean-up calls. | |||||||||||||||||||||||||||
(d) | Includes prime, Alt-A, subprime, and option ARMs. Excludes sales for which the Firm did not securitize the loan (including loans sold to Ginnie Mae, Fannie Mae and Freddie Mac). | |||||||||||||||||||||||||||
(e) | There were no residential mortgage securitizations during the three months and nine months ended September 30, 2012. | |||||||||||||||||||||||||||
(f) | Includes commercial and student loan securitizations. | |||||||||||||||||||||||||||
Summary of loan sale activities | ' | |||||||||||||||||||||||||||
The following table summarizes the activities related to loans sold to U.S. agencies and third-party-sponsored securitization entities. | ||||||||||||||||||||||||||||
Three months ended | Nine months ended | |||||||||||||||||||||||||||
September 30, | September 30, | |||||||||||||||||||||||||||
(in millions) | 2013 | 2012(e) | 2013 | 2012(e) | ||||||||||||||||||||||||
Carrying value of loans sold(a) | $ | 39,354 | $ | 47,900 | $ | 142,279 | $ | 131,633 | ||||||||||||||||||||
Proceeds received from loan sales as cash | 202 | 26 | 663 | 67 | ||||||||||||||||||||||||
Proceeds from loans sales as securities(b) | 38,661 | 47,324 | 140,053 | 130,015 | ||||||||||||||||||||||||
Total proceeds received from loan sales(c) | $ | 38,863 | $ | 47,350 | $ | 140,716 | $ | 130,082 | ||||||||||||||||||||
Gains on loan sales(d) | 31 | 50 | 281 | 141 | ||||||||||||||||||||||||
(a) | Predominantly to U.S. government agencies. | |||||||||||||||||||||||||||
(b) | Predominantly includes securities from U.S. government agencies that are generally sold shortly after receipt. | |||||||||||||||||||||||||||
(c) | Excludes the value of MSRs retained upon the sale of loans. Gains on loans sales include the value of MSRs. | |||||||||||||||||||||||||||
(d) | The carrying value of the loans accounted for at fair value approximated the proceeds received upon loan sale. | |||||||||||||||||||||||||||
(e) | Prior periods have been revised to conform with the current presentation. | |||||||||||||||||||||||||||
Key economic assumptions used to determine the fair value of certain Firm's retained interests in nonconsolidated VIEs, other than MSRs | ' | |||||||||||||||||||||||||||
JPMorgan Chase’s interest in securitized assets held at fair value | ||||||||||||||||||||||||||||
The following table outlines the key economic assumptions used to determine the fair value, as of September 30, 2013, and December 31, 2012, of certain of the Firm’s retained interests in nonconsolidated VIEs (other than MSRs), that are valued using modeling techniques. The table also outlines the sensitivities of those fair values to immediate 10% and 20% adverse changes in assumptions used to determine fair value. For a discussion of MSRs, see Note 16 on pages 186–189 of this Form 10-Q. | ||||||||||||||||||||||||||||
Commercial and other | ||||||||||||||||||||||||||||
(in millions, except rates and where otherwise noted)(a) | September 30, | December 31, | ||||||||||||||||||||||||||
2013 | 2012 | |||||||||||||||||||||||||||
JPMorgan Chase interests in securitized assets | $ | 427 | $ | 1,488 | ||||||||||||||||||||||||
Weighted-average life (in years) | 5.8 | 6.1 | ||||||||||||||||||||||||||
Weighted-average discount rate(b) | 4.5 | % | 4.1 | % | ||||||||||||||||||||||||
Impact of 10% adverse change | $ | (9 | ) | $ | (34 | ) | ||||||||||||||||||||||
Impact of 20% adverse change | (17 | ) | (65 | ) | ||||||||||||||||||||||||
(a) | The Firm’s interests in prime mortgage securitizations were $506 million and $341 million, as of September 30, 2013, and December 31, 2012, respectively. These include retained interests in Alt-A loans and re-securitization transactions. The Firm’s interests in subprime mortgage securitizations were $117 million and $68 million, as of September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||||
(b) | Incorporates the Firm’s weighted-average loss assumption. | |||||||||||||||||||||||||||
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets | ' | |||||||||||||||||||||||||||
The table below includes information about components of nonconsolidated securitized financial assets, in which the Firm has continuing involvement, and delinquencies as of September 30, 2013, and December 31, 2012, respectively; and liquidation losses for the three and nine months ended September 30, 2013 and 2012, respectively. | ||||||||||||||||||||||||||||
Liquidation losses | ||||||||||||||||||||||||||||
Securitized assets | 90 days past due | Three months ended September 30, | Nine months ended September 30, | |||||||||||||||||||||||||
(in millions) | 30-Sep-13 | 31-Dec-12 | 30-Sep-13 | 31-Dec-12 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||
Securitized loans(a) | ||||||||||||||||||||||||||||
Residential mortgage: | ||||||||||||||||||||||||||||
Prime / Alt-A & Option ARMs | $ | 93,718 | $ | 106,667 | $ | 16,102 | $ | 22,865 | $ | 1,004 | $ | 1,973 | $ | 3,963 | $ | 7,047 | ||||||||||||
Subprime | 29,129 | 31,264 | 7,987 | 10,570 | 462 | 902 | 2,001 | 2,023 | ||||||||||||||||||||
Commercial and other | 88,532 | 81,834 | 2,663 | 4,077 | 431 | 383 | 761 | 904 | ||||||||||||||||||||
Total loans securitized(b) | $ | 211,379 | $ | 219,765 | $ | 26,752 | $ | 37,512 | $ | 1,897 | $ | 3,258 | $ | 6,725 | $ | 9,974 | ||||||||||||
(a) | Total assets held in securitization-related SPEs were $271.3 billion and $295.8 billion, respectively, at September 30, 2013, and December 31, 2012. The $211.4 billion and $219.8 billion, respectively, of loans securitized at September 30, 2013, and December 31, 2012, excluded: $54.5 billion and $72.0 billion, respectively, of securitized loans in which the Firm has no continuing involvement, and $5.4 billion and $4.0 billion, respectively, of loan securitizations consolidated on the Firm’s Consolidated Balance Sheets at September 30, 2013, and December 31, 2012. | |||||||||||||||||||||||||||
(b) | Includes securitized loans that were previously recorded at fair value and classified as trading assets. |
Goodwill_and_Other_Intangible_2
Goodwill and Other Intangible Assets (Tables) | 9 Months Ended | ||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||
Goodwill and Intangible Assets Disclosure [Abstract] | ' | ||||||||||||||||||||
Goodwill and other intangible assets | ' | ||||||||||||||||||||
Goodwill and other intangible assets consist of the following. | |||||||||||||||||||||
(in millions) | September 30, 2013 | December 31, 2012 | |||||||||||||||||||
Goodwill | $ | 48,100 | $ | 48,175 | |||||||||||||||||
Mortgage servicing rights | 9,490 | 7,614 | |||||||||||||||||||
Other intangible assets: | |||||||||||||||||||||
Purchased credit card relationships | $ | 176 | $ | 295 | |||||||||||||||||
Other credit card-related intangibles | 188 | 229 | |||||||||||||||||||
Core deposit intangibles | 206 | 355 | |||||||||||||||||||
Other intangibles | 1,247 | 1,356 | |||||||||||||||||||
Total other intangible assets | $ | 1,817 | $ | 2,235 | |||||||||||||||||
Goodwill attributed to the business segments | ' | ||||||||||||||||||||
The following table presents goodwill attributed to the business segments. | |||||||||||||||||||||
(in millions) | September 30, 2013 | 31-Dec-12 | |||||||||||||||||||
Consumer & Community Banking | $ | 31,000 | $ | 31,048 | |||||||||||||||||
Corporate & Investment Bank | 6,882 | 6,895 | |||||||||||||||||||
Commercial Banking | 2,862 | 2,863 | |||||||||||||||||||
Asset Management | 6,979 | 6,992 | |||||||||||||||||||
Corporate/Private Equity | 377 | 377 | |||||||||||||||||||
Total goodwill | $ | 48,100 | $ | 48,175 | |||||||||||||||||
Changes in the carrying amount of goodwill | ' | ||||||||||||||||||||
The following table presents changes in the carrying amount of goodwill. | |||||||||||||||||||||
Three months ended | Nine months ended | ||||||||||||||||||||
September 30, | September 30, | ||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||
Balance at beginning of period(a) | $ | 48,057 | $ | 48,131 | $ | 48,175 | $ | 48,188 | |||||||||||||
Changes during the period from: | |||||||||||||||||||||
Business combinations | 11 | 11 | 47 | 31 | |||||||||||||||||
Dispositions | — | — | (5 | ) | (4 | ) | |||||||||||||||
Other(b) | 32 | 36 | (117 | ) | (37 | ) | |||||||||||||||
Balance at Sept 30,(a) | $ | 48,100 | $ | 48,178 | $ | 48,100 | $ | 48,178 | |||||||||||||
(a) | Reflects gross goodwill balances as the Firm has not recognized any impairment losses to date. | ||||||||||||||||||||
(b) | Includes foreign currency translation adjustments and other tax-related adjustments. | ||||||||||||||||||||
Mortgage servicing rights activity | ' | ||||||||||||||||||||
The following table summarizes MSR activity for the three and nine months ended September 30, 2013 and 2012. | |||||||||||||||||||||
As of or for the three months | As of or for the nine months | ||||||||||||||||||||
ended September 30, | ended September 30, | ||||||||||||||||||||
(in millions, except where otherwise noted) | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||
Fair value at beginning of period | $ | 9,335 | $ | 7,118 | $ | 7,614 | $ | 7,223 | |||||||||||||
MSR activity: | |||||||||||||||||||||
Originations of MSRs | 532 | 604 | 1,874 | 1,700 | |||||||||||||||||
Purchase of MSRs | 2 | 2 | (1 | ) | 5 | ||||||||||||||||
Disposition of MSRs | — | (23 | ) | (418 | ) | (g) | (23 | ) | |||||||||||||
Net additions | 534 | 583 | 1,455 | 1,682 | |||||||||||||||||
Changes due to collection/realization of expected cash flows(a) | (286 | ) | (292 | ) | (833 | ) | (973 | ) | |||||||||||||
Changes in valuation due to inputs and assumptions: | |||||||||||||||||||||
Changes due to market interest rates and other(b) | 80 | (324 | ) | 1,700 | (875 | ) | |||||||||||||||
Changes in valuation due to other inputs and assumptions: | |||||||||||||||||||||
Projected cash flows (e.g., cost to service)(c) | (123 | ) | (101 | ) | 167 | (396 | ) | ||||||||||||||
Discount rates | — | (98 | ) | (78 | ) | (98 | ) | ||||||||||||||
Prepayment model changes and other(d) | (50 | ) | 194 | (535 | ) | 517 | |||||||||||||||
Total changes in valuation due to other inputs and assumptions | (173 | ) | (5 | ) | (446 | ) | 23 | ||||||||||||||
Total changes in valuation due to inputs and assumptions(a) | (93 | ) | (329 | ) | 1,254 | (852 | ) | ||||||||||||||
Fair value at September 30,(e) | $ | 9,490 | $ | 7,080 | $ | 9,490 | $ | 7,080 | |||||||||||||
Change in unrealized gains/(losses) included in income related to MSRs | $ | (93 | ) | $ | (329 | ) | $ | 1,254 | $ | (852 | ) | ||||||||||
held at September 30, | |||||||||||||||||||||
Contractual service fees, late fees and other ancillary fees included in income | $ | 808 | $ | 914 | $ | 2,512 | $ | 2,896 | |||||||||||||
Third-party mortgage loans serviced at September 30, (in billions) | $ | 838 | $ | 819 | $ | 838 | $ | 819 | |||||||||||||
Servicer advances at September 30, (in billions)(f) | $ | 9.4 | $ | 10 | $ | 9.4 | $ | 10 | |||||||||||||
(a) | Included changes related to commercial real estate of $(2) million and $(3) million for the three months ended September 30, 2013 and 2012, respectively, and $(4) million and $(8) million for the nine months ended September 30, 2013 and 2012, respectively. | ||||||||||||||||||||
(b) | Represents both the impact of changes in estimated future prepayments due to changes in market interest rates, and the difference between actual and expected prepayments. | ||||||||||||||||||||
(c) | For the nine months ended September 30, 2013, the increase was driven by the inclusion in the MSR valuation model of servicing fees receivable on certain delinquent loans. | ||||||||||||||||||||
(d) | Represents changes in prepayments other than those attributable to changes in market interest rates. For the nine months ended September 30, 2013, the decrease was driven by changes in the inputs and assumptions used to derive prepayment speeds, primarily increases in home prices. | ||||||||||||||||||||
(e) | Included $19 million and $23 million related to commercial real estate at September 30, 2013 and 2012, respectively. | ||||||||||||||||||||
(f) | Represents amounts the Firm pays as the servicer (e.g., scheduled principal and interest to a trust, taxes and insurance), which will generally be reimbursed within a short period of time after the advance from future cash flows from the trust or the underlying loans. The Firm’s credit risk associated with these advances is minimal because reimbursement of the advances is typically senior to all cash payments to investors. In addition, the Firm maintains the right to stop payment to investors if the collateral is insufficient to cover the advance. | ||||||||||||||||||||
(g) | Includes excess mortgage servicing rights transferred to an agency-sponsored trust in exchange for stripped mortgage backed securities (“SMBS”). A portion of the SMBS was acquired by third parties at the transaction date; the Firm acquired and has retained the remaining balance of those SMBS as trading securities. | ||||||||||||||||||||
Fees And Commissions, Mortgage Banking And Related, Components [Table Text Block] | ' | ||||||||||||||||||||
The following table presents the components of mortgage fees and related income (including the impact of MSR risk management activities) for the three and nine months ended September 30, 2013 and 2012. | |||||||||||||||||||||
Three months ended | Nine months ended | ||||||||||||||||||||
September 30, | September 30, | ||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||
Mortgage fees and related income | |||||||||||||||||||||
Net production revenue: | |||||||||||||||||||||
Production revenue | $ | 311 | $ | 1,582 | $ | 2,370 | $ | 4,376 | |||||||||||||
Repurchase losses | 175 | (13 | ) | 110 | (325 | ) | |||||||||||||||
Net production revenue | 486 | 1,569 | 2,480 | 4,051 | |||||||||||||||||
Net mortgage servicing revenue | |||||||||||||||||||||
Operating revenue: | |||||||||||||||||||||
Loan servicing revenue | 817 | 946 | 2,698 | 2,989 | |||||||||||||||||
Changes in MSR asset fair value due to collection/realization of expected cash flows | (284 | ) | (290 | ) | (827 | ) | (968 | ) | |||||||||||||
Total operating revenue | 533 | 656 | 1,871 | 2,021 | |||||||||||||||||
Risk management: | |||||||||||||||||||||
Changes in MSR asset fair value due to market interest rates and other(a) | 80 | (323 | ) | 1,698 | (872 | ) | |||||||||||||||
Other changes in MSR asset fair value due to other inputs and assumptions in model(b) | (173 | ) | (5 | ) | (446 | ) | 23 | ||||||||||||||
Change in derivative fair value and other | (87 | ) | 479 | (1,495 | ) | 1,426 | |||||||||||||||
Total risk management | (180 | ) | 151 | (243 | ) | 577 | |||||||||||||||
Net mortgage servicing revenue | 353 | 807 | 1,628 | 2,598 | |||||||||||||||||
All other | 2 | 1 | 8 | 3 | |||||||||||||||||
Mortgage fees and related income | $ | 841 | $ | 2,377 | $ | 4,116 | $ | 6,652 | |||||||||||||
(a) | Represents both the impact of changes in estimated future prepayments due to changes in market interest rates, and the difference between actual and expected prepayments. | ||||||||||||||||||||
(b) | Represents the aggregate impact of changes in model inputs and assumptions such as projected cash flows (e.g., cost to service), discount rates and changes in prepayments other than those attributable to changes in market interest rates (e.g., changes in prepayments due to changes in home prices). For the nine months ended September 30, 2013, the decrease was driven by changes in the inputs and assumptions used to derive prepayment speeds, primarily increases in home prices. | ||||||||||||||||||||
Key economic assumptions used to determine the fair value of the Firm's Mortgage Servicing Rights | ' | ||||||||||||||||||||
The table below outlines the key economic assumptions used to determine the fair value of the Firm’s MSRs at September 30, 2013, and December 31, 2012, and outlines the sensitivities of those fair values to immediate adverse changes in those assumptions, as defined below. | |||||||||||||||||||||
(in millions, except rates) | September 30, 2013 | December 31, 2012 | |||||||||||||||||||
Weighted-average prepayment speed assumption (“CPR”) | 8.77 | % | 13.04 | % | |||||||||||||||||
Impact on fair value of 10% adverse change | $ | (417 | ) | $ | (517 | ) | |||||||||||||||
Impact on fair value of 20% adverse change | (810 | ) | (1,009 | ) | |||||||||||||||||
Weighted-average option adjusted spread | 7.79 | % | 7.61 | % | |||||||||||||||||
Impact on fair value of 100 basis points adverse change | $ | (376 | ) | $ | (306 | ) | |||||||||||||||
Impact on fair value of 200 basis points adverse change | (725 | ) | (591 | ) | |||||||||||||||||
CPR: Constant prepayment rate. | |||||||||||||||||||||
Intangible assets components of credit card relationships, core deposits and other intangible assets | ' | ||||||||||||||||||||
The components of credit card relationships, core deposits and other intangible assets were as follows. | |||||||||||||||||||||
September 30, 2013 | December 31, 2012 | ||||||||||||||||||||
(in millions) | Gross amount(a) | Accumulated amortization(a) | Net carrying value | Gross | Accumulated amortization | Net carrying value | |||||||||||||||
amount | |||||||||||||||||||||
Purchased credit card relationships | $ | 3,540 | $ | 3,364 | $ | 176 | $ | 3,775 | $ | 3,480 | $ | 295 | |||||||||
Other credit card-related intangibles | 543 | 355 | 188 | 850 | 621 | 229 | |||||||||||||||
Core deposit intangibles | 4,133 | 3,927 | 206 | 4,133 | 3,778 | 355 | |||||||||||||||
Other intangibles(b) | 2,379 | 1,132 | 1,247 | 2,390 | 1,034 | 1,356 | |||||||||||||||
(a) | The decrease in the gross amount and accumulated amortization from December 31, 2012, was due to the removal of fully amortized assets. | ||||||||||||||||||||
(b) | Includes intangible assets of approximately $600 million consisting primarily of asset management advisory contracts, which were determined to have an indefinite life and are not amortized. | ||||||||||||||||||||
Amortization expense related to credit card relationships, core deposits and other intangible assets | ' | ||||||||||||||||||||
The following table presents amortization expense related to credit card relationships, core deposits and other intangible assets. | |||||||||||||||||||||
Three months ended | Nine months ended | ||||||||||||||||||||
September 30, | September 30, | ||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | |||||||||||||||||
Purchased credit card relationships | $ | 45 | $ | 59 | $ | 150 | $ | 195 | |||||||||||||
Other credit card-related intangibles | 15 | 27 | 44 | 81 | |||||||||||||||||
Core deposit intangibles | 49 | 60 | 149 | 182 | |||||||||||||||||
Other intangibles | 31 | 36 | 101 | 108 | |||||||||||||||||
Total amortization expense | $ | 140 | $ | 182 | $ | 444 | $ | 566 | |||||||||||||
Estimated future amortization expense related to credit card relationships, core deposits and other intangible assets | ' | ||||||||||||||||||||
The following table presents estimated future amortization expense related to credit card relationships, core deposits and other intangible assets at September 30, 2013. | |||||||||||||||||||||
For the year (in millions) | Purchased credit card relationships | Other credit | Core deposit intangibles | Other | Total | ||||||||||||||||
card-related intangibles | intangibles | ||||||||||||||||||||
2013(a) | $ | 196 | $ | 58 | $ | 196 | $ | 132 | $ | 582 | |||||||||||
2014 | 96 | 51 | 102 | 116 | 365 | ||||||||||||||||
2015 | 12 | 40 | 26 | 95 | 173 | ||||||||||||||||
2016 | 9 | 34 | 14 | 88 | 145 | ||||||||||||||||
2017 | 5 | 29 | 13 | 85 | 132 | ||||||||||||||||
(a) | Includes $150 million, $44 million, $149 million and $101 million of amortization expense related to purchased credit card relationships, other credit card-related intangibles, core deposit intangibles and other intangibles, respectively, recognized during the nine months ended September 30, 2013. |
Deposits_Tables
Deposits (Tables) | 9 Months Ended | |||||||
Sep. 30, 2013 | ||||||||
Deposits [Abstract] | ' | |||||||
Noninterest-bearing and interest-bearing deposits | ' | |||||||
At September 30, 2013, and December 31, 2012, noninterest-bearing and interest-bearing deposits were as follows. | ||||||||
(in millions) | 30-Sep-13 | 31-Dec-12 | ||||||
U.S. offices | ||||||||
Noninterest-bearing | $ | 399,658 | $ | 380,320 | ||||
Interest-bearing: | ||||||||
Demand(a) | 75,624 | 53,980 | ||||||
Savings(b) | 436,887 | 407,710 | ||||||
Time (included $6,456 and $5,140 at fair value)(c) | 92,794 | 90,416 | ||||||
Total interest-bearing deposits | 605,305 | 552,106 | ||||||
Total deposits in U.S. offices | 1,004,963 | 932,426 | ||||||
Non-U.S. offices | ||||||||
Noninterest-bearing | 20,964 | 17,845 | ||||||
Interest-bearing: | ||||||||
Demand | 211,088 | 195,395 | ||||||
Savings | 1,495 | 1,004 | ||||||
Time (included $326 and $593 at fair value)(c) | 42,592 | 46,923 | ||||||
Total interest-bearing deposits | 255,175 | 243,322 | ||||||
Total deposits in non-U.S. offices | 276,139 | 261,167 | ||||||
Total deposits | $ | 1,281,102 | $ | 1,193,593 | ||||
(a) | Includes Negotiable Order of Withdrawal (“NOW”) accounts, and certain trust accounts. | |||||||
(b) | Includes Money Market Deposit Accounts (“MMDAs”). | |||||||
(c) | Includes structured notes classified as deposits for which the fair value option has been elected. For further discussion, see Note 4 on pages 214–216 of JPMorgan Chase’s 2012 Annual Report. |
Earnings_Per_Share_Tables
Earnings Per Share (Tables) | 9 Months Ended | ||||||||||||||
Sep. 30, 2013 | |||||||||||||||
Earnings Per Share [Abstract] | ' | ||||||||||||||
Schedule of Earnings Per Share, Basic and Diluted | ' | ||||||||||||||
The following table presents the calculation of basic and diluted EPS for the three and nine months ended September 30, 2013 and 2012. | |||||||||||||||
(in millions, except per share amounts) | Three months ended | Nine months ended | |||||||||||||
September 30, | September 30, | ||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||
Basic earnings | |||||||||||||||
per share | |||||||||||||||
Net income/(loss) | $ | (380 | ) | $ | 5,708 | $ | 12,645 | $ | 15,592 | ||||||
Less: Preferred stock dividends | 229 | 163 | 615 | 478 | |||||||||||
Net income/(loss) applicable to common equity | (609 | ) | 5,545 | 12,030 | 15,114 | ||||||||||
Less: Dividends and undistributed earnings allocated to participating securities | 41 | (c) | 199 | 374 | 558 | ||||||||||
Net income/(loss) applicable to common stockholders | $ | (650 | ) | $ | 5,346 | $ | 11,656 | $ | 14,556 | ||||||
Total weighted-average basic shares outstanding | 3,767.00 | 3,803.30 | 3,789.20 | 3,810.40 | |||||||||||
Net income/(loss) | $ | (0.17 | ) | $ | 1.41 | $ | 3.08 | $ | 3.82 | ||||||
per share | |||||||||||||||
Diluted earnings per share | |||||||||||||||
Net income/(loss) applicable to common stockholders | $ | (650 | ) | $ | 5,346 | $ | 11,656 | $ | 14,556 | ||||||
Total weighted-average basic shares outstanding | 3,767.00 | 3,803.30 | 3,789.20 | 3,810.40 | |||||||||||
Add: Employee stock options, SARs and warrants(a) | — | (d) | 10.6 | 31.7 | 12.2 | ||||||||||
Total weighted-average diluted shares outstanding(b) | 3,767.00 | (d) | 3,813.90 | 3,820.90 | 3,822.60 | ||||||||||
Net income/(loss) | $ | (0.17 | ) | $ | 1.4 | $ | 3.05 | $ | 3.81 | ||||||
per share | |||||||||||||||
(a) | Excluded from the computation of diluted EPS (due to the antidilutive effect) were options issued under employee benefit plans and the warrants originally issued in 2008 under the U.S. Treasury’s Capital Purchase Program to purchase shares of the Firm’s common stock. The aggregate number of shares issuable upon the exercise of such options and warrants was 147 million for the three months ended September 30, 2012, and 8 million and 158 million for the nine months ended September 30, 2013 and 2012, respectively. | ||||||||||||||
(b) | Participating securities were included in the calculation of diluted EPS using the two-class method, as this computation was more dilutive than the calculation using the treasury stock method. | ||||||||||||||
(c) | Due to the net loss applicable to common equity during the three months ended September 30, 2013, dividends were only deemed to be distributed to participating security holders, and such security holders do not share in losses. Net losses were completely allocated to common stockholders. | ||||||||||||||
(d) | Due to the net loss applicable to common stockholders during the three months ended September 30, 2013, no common equivalent shares have been included in the computation of diluted earnings per share for the period as the effect would be antidilutive. |
Accumulated_Other_Comprehensiv1
Accumulated Other Comprehensive Income/(Loss) (Tables) | 9 Months Ended | ||||||||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||||||||
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] | ' | ||||||||||||||||||||||||||||||
Accumulated other comprehensive income/(loss) | ' | ||||||||||||||||||||||||||||||
As of or for the three months ended | Unrealized gains/(losses) on AFS securities(a) | Translation adjustments, net of hedges | Cash flow hedges | Defined benefit pension and OPEB plans | Accumulated other comprehensive income/(loss) | ||||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||||||||
(in millions) | |||||||||||||||||||||||||||||||
Balance at July 1, 2013 | $ | 3,137 | (b) | $ | (146 | ) | $ | (232 | ) | $ | (2,623 | ) | $ | 136 | |||||||||||||||||
Net change | 161 | (c) | 4 | 69 | 20 | 254 | |||||||||||||||||||||||||
Balance at September 30, 2013 | $ | 3,298 | (b) | $ | (142 | ) | $ | (163 | ) | $ | (2,603 | ) | $ | 390 | |||||||||||||||||
As of or for the three months ended | Unrealized gains/(losses) on AFS securities(a) | Translation adjustments, net of hedges | Cash flow hedges | Defined benefit pension and OPEB plans | Accumulated other comprehensive income/(loss) | ||||||||||||||||||||||||||
30-Sep-12 | |||||||||||||||||||||||||||||||
(in millions) | |||||||||||||||||||||||||||||||
Balance at July 1, 2012 | $ | 4,814 | (b) | $ | (88 | ) | $ | 89 | $ | (2,543 | ) | $ | 2,272 | ||||||||||||||||||
Net change | 2,083 | (d) | 13 | 23 | 35 | 2,154 | |||||||||||||||||||||||||
Balance at September 30, 2012 | $ | 6,897 | (b) | $ | (75 | ) | $ | 112 | $ | (2,508 | ) | $ | 4,426 | ||||||||||||||||||
As of or for the nine months ended | Unrealized gains/(losses) on AFS securities(a) | Translation adjustments, net of hedges | Cash flow hedges | Defined benefit pension and OPEB plans | Accumulated other comprehensive income/(loss) | ||||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||||||||
(in millions) | |||||||||||||||||||||||||||||||
Balance at January 1, 2013 | $ | 6,868 | (b) | $ | (95 | ) | $ | 120 | $ | (2,791 | ) | $ | 4,102 | ||||||||||||||||||
Net change | (3,570 | ) | (e) | (47 | ) | (283 | ) | 188 | (3,712 | ) | |||||||||||||||||||||
Balance at September 30, 2013 | $ | 3,298 | (b) | $ | (142 | ) | $ | (163 | ) | $ | (2,603 | ) | $ | 390 | |||||||||||||||||
As of or for the nine months ended | Unrealized gains/(losses) on AFS securities(a) | Translation adjustments, net of hedges | Cash flow hedges | Defined benefit pension and OPEB plans | Accumulated other comprehensive income/(loss) | ||||||||||||||||||||||||||
30-Sep-12 | |||||||||||||||||||||||||||||||
(in millions) | |||||||||||||||||||||||||||||||
Balance at January 1, 2012 | $ | 3,565 | (b) | $ | (26 | ) | $ | 51 | $ | (2,646 | ) | $ | 944 | ||||||||||||||||||
Net change | 3,332 | (d) | (49 | ) | 61 | 138 | 3,482 | ||||||||||||||||||||||||
Balance at September 30, 2012 | $ | 6,897 | (b) | $ | (75 | ) | $ | 112 | $ | (2,508 | ) | $ | 4,426 | ||||||||||||||||||
(a) | Represents the after-tax difference between the fair value and amortized cost of securities accounted for as AFS. | ||||||||||||||||||||||||||||||
(b) | Included after-tax unrealized losses not related to credit on debt securities for which credit losses have been recognized in income of $(56) million at January 1, 2012, $(101) million at July 1, 2012, and $(94) million at September 30, 2012. There were no such losses at January 1, 2013, July 1, 2013, and September 30, 2013. | ||||||||||||||||||||||||||||||
(c) | The net change for the three months ended September 30, 2013, was primarily related to the increase in fair value of U.S. government agency issued MBS due to market changes partially offset by decreases in fair value of obligations of U.S. states and municipalities due to market changes. | ||||||||||||||||||||||||||||||
(d) | The net change for the three and nine months ended September 30, 2012, was predominantly driven by declining interest rates and the tightening of spreads across the portfolio, partially offset by sales. | ||||||||||||||||||||||||||||||
(e) | The net change for the nine months ended September 30, 2013, was primarily related to the decline in fair value of U.S. government agency issued MBS and obligations of U.S. states and municipalities due to market changes, as well as net realized gains. | ||||||||||||||||||||||||||||||
Changes of the components of accumulated other comprehensive income (loss) | ' | ||||||||||||||||||||||||||||||
The following table presents the pretax and after-tax changes in the components of other comprehensive income/(loss). | |||||||||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||||||||
Three months ended September 30, (in millions) | Pretax | Tax effect | After-tax | Pretax | Tax effect | After-tax | |||||||||||||||||||||||||
Unrealized gains/(losses) on AFS securities: | |||||||||||||||||||||||||||||||
Net unrealized gains/(losses) arising during the period | $ | 290 | $ | (113 | ) | $ | 177 | $ | 3,872 | $ | (1,509 | ) | $ | 2,363 | |||||||||||||||||
Reclassification adjustment for realized (gains)/losses included in net income(a) | (26 | ) | 10 | (16 | ) | (458 | ) | 178 | (280 | ) | |||||||||||||||||||||
Net change | 264 | (103 | ) | 161 | 3,414 | (1,331 | ) | 2,083 | |||||||||||||||||||||||
Translation adjustments: | |||||||||||||||||||||||||||||||
Translation(b) | 349 | (128 | ) | 221 | 413 | (153 | ) | 260 | |||||||||||||||||||||||
Hedges(b) | (343 | ) | 126 | (217 | ) | (404 | ) | 157 | (247 | ) | |||||||||||||||||||||
Net change | 6 | (2 | ) | 4 | 9 | 4 | 13 | ||||||||||||||||||||||||
Cash flow hedges: | |||||||||||||||||||||||||||||||
Net unrealized gains/(losses) arising during the period | 106 | (42 | ) | 64 | 56 | (22 | ) | 34 | |||||||||||||||||||||||
Reclassification adjustment for realized (gains)/losses included in net income(c) | 7 | (2 | ) | 5 | (19 | ) | 8 | (11 | ) | ||||||||||||||||||||||
Net change | 113 | (44 | ) | 69 | 37 | (14 | ) | 23 | |||||||||||||||||||||||
Defined benefit pension and OPEB plans: | |||||||||||||||||||||||||||||||
Net gains/(losses) arising during the period | — | — | — | — | — | — | |||||||||||||||||||||||||
Reclassification adjustments included in net income(d): | |||||||||||||||||||||||||||||||
Amortization of net loss | 80 | (31 | ) | 49 | 81 | (30 | ) | 51 | |||||||||||||||||||||||
Prior service costs/(credits) | (11 | ) | 4 | (7 | ) | (11 | ) | 4 | (7 | ) | |||||||||||||||||||||
Foreign exchange and other | (35 | ) | 13 | (22 | ) | (14 | ) | 5 | (9 | ) | |||||||||||||||||||||
Net change | 34 | (14 | ) | 20 | 56 | (21 | ) | 35 | |||||||||||||||||||||||
Total other comprehensive income/(loss) | $ | 417 | $ | (163 | ) | $ | 254 | $ | 3,516 | $ | (1,362 | ) | $ | 2,154 | |||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||||||||
Nine months ended September 30, (in millions) | Pretax | Tax effect | After-tax | Pretax | Tax effect | After-tax | |||||||||||||||||||||||||
Unrealized gains/(losses) on AFS securities: | |||||||||||||||||||||||||||||||
Net unrealized gains/(losses) arising during the period | $ | (5,172 | ) | $ | 2,003 | $ | (3,169 | ) | $ | 7,469 | $ | (2,912 | ) | $ | 4,557 | ||||||||||||||||
Reclassification adjustment for realized (gains)/losses included in net income(a) | (659 | ) | 258 | (401 | ) | (2,008 | ) | 783 | (1,225 | ) | |||||||||||||||||||||
Net change | (5,831 | ) | 2,261 | (3,570 | ) | 5,461 | (2,129 | ) | 3,332 | ||||||||||||||||||||||
Translation adjustments: | |||||||||||||||||||||||||||||||
Translation(b) | (685 | ) | 253 | (432 | ) | 108 | (40 | ) | 68 | ||||||||||||||||||||||
Hedges(b) | 648 | (263 | ) | 385 | (191 | ) | 74 | (117 | ) | ||||||||||||||||||||||
Net change | (37 | ) | (10 | ) | (47 | ) | (83 | ) | 34 | (49 | ) | ||||||||||||||||||||
Cash flow hedges: | |||||||||||||||||||||||||||||||
Net unrealized gains/(losses) arising during the period | (536 | ) | 210 | (326 | ) | 143 | (56 | ) | 87 | ||||||||||||||||||||||
Reclassification adjustment for realized (gains)/losses included in net income(c) | 70 | (27 | ) | 43 | (44 | ) | 18 | (26 | ) | ||||||||||||||||||||||
Net change | (466 | ) | 183 | (283 | ) | 99 | (38 | ) | 61 | ||||||||||||||||||||||
Defined benefit pension and OPEB plans: | |||||||||||||||||||||||||||||||
Net gains/(losses) arising during the period | 85 | (25 | ) | 60 | 34 | (13 | ) | 21 | |||||||||||||||||||||||
Reclassification adjustments included in net income(d): | |||||||||||||||||||||||||||||||
Amortization of net loss | 240 | (93 | ) | 147 | 243 | (94 | ) | 149 | |||||||||||||||||||||||
Prior service costs/(credits) | (33 | ) | 13 | (20 | ) | (32 | ) | 12 | (20 | ) | |||||||||||||||||||||
Foreign exchange and other | 1 | — | 1 | (20 | ) | 8 | (12 | ) | |||||||||||||||||||||||
Net change | 293 | (105 | ) | 188 | 225 | (87 | ) | 138 | |||||||||||||||||||||||
Total other comprehensive income/(loss) | $ | (6,041 | ) | $ | 2,329 | $ | (3,712 | ) | $ | 5,702 | $ | (2,220 | ) | $ | 3,482 | ||||||||||||||||
(a) | The pretax amount is reported in securities gains in the Consolidated Statements of Income. | ||||||||||||||||||||||||||||||
(b) | Reclassifications of pretax realized gains/(losses) on translation adjustments and related hedges are reported in other income in the Consolidated Statements of Income. The amounts were not material for the three and nine months ended September 30, 2013. | ||||||||||||||||||||||||||||||
(c) | The pretax amount is reported in the same line as the hedged items, which are predominantly recorded in net interest income in the Consolidated Statements of Income. | ||||||||||||||||||||||||||||||
(d) | The pretax amount is reported in compensation expense in the Consolidated Statements of Income. |
Regulatory_Capital_Tables
Regulatory Capital (Tables) | 9 Months Ended | ||||||||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||||||||
Banking and Thrift [Abstract] | ' | ||||||||||||||||||||||||||||||
Reconciliation of the Firm's total stockholders' equity to Tier 1 capital and Total qualifying capital | ' | ||||||||||||||||||||||||||||||
The following table presents the regulatory capital, assets and risk-based capital ratios for JPMorgan Chase and its significant banking subsidiaries at September 30, 2013, and December 31, 2012. These amounts are determined in accordance with regulations issued by the Federal Reserve and/or OCC. The table reflects the Firm’s and JPMorgan Chase Bank, N.A.’s implementation of rules that provide for additional capital requirements for trading positions and securitizations (“Basel 2.5”). Basel 2.5 rules became effective for the Firm and JPMorgan Chase Bank, N.A. on January 1, 2013. The implementation of these rules in the first quarter of 2013 resulted in an increase of approximately $150 billion and $140 billion, respectively, in the Firm’s and JPMorgan Chase Bank, N.A.’s risk-weighted assets compared with the Basel I rules at March 31, 2013. The implementation of these rules also resulted in decreases of the Firm’s Tier 1 capital and Total capital ratios of 140 basis points and 160 basis points, respectively, at March 31, 2013, and decreases of JPMorgan Chase Bank, N.A.’s Tier 1 capital and Total capital ratios of 130 basis points and 150 basis points, respectively, at March 31, 2013. Implementation of Basel 2.5 in the first quarter of 2013 did not impact Chase Bank USA, N.A.’s RWA or Tier 1 capital and Total capital ratios. | |||||||||||||||||||||||||||||||
JPMorgan Chase & Co.(d) | JPMorgan Chase Bank, N.A.(d) | Chase Bank USA, N.A.(d) | Well-capitalized ratios(e) | Minimum capital ratios(e) | |||||||||||||||||||||||||||
(in millions, except ratios) | 30-Sep-13 | 31-Dec-12 | 30-Sep-13 | 31-Dec-12 | 30-Sep-13 | 31-Dec-12 | |||||||||||||||||||||||||
Regulatory capital | |||||||||||||||||||||||||||||||
Tier 1(a) | $ | 161,345 | $ | 160,002 | $ | 124,099 | $ | 111,827 | $ | 11,959 | $ | 9,648 | |||||||||||||||||||
Total | 196,224 | 194,036 | 154,793 | 146,870 | 15,374 | 13,131 | |||||||||||||||||||||||||
Assets | |||||||||||||||||||||||||||||||
Risk-weighted(b) | $ | 1,374,039 | $ | 1,270,378 | $ | 1,163,938 | $ | 1,094,155 | $ | 99,221 | $ | 103,593 | |||||||||||||||||||
Adjusted average(c) | 2,327,427 | 2,243,242 | 1,894,105 | 1,815,816 | 108,802 | 103,688 | |||||||||||||||||||||||||
Capital ratios | |||||||||||||||||||||||||||||||
Tier 1(a) | 11.7 | % | 12.6 | % | 10.7 | % | 10.2 | % | 12.1 | % | 9.3 | % | 6 | % | 4 | % | |||||||||||||||
Total | 14.3 | 15.3 | 13.3 | 13.4 | 15.5 | 12.7 | 10 | 8 | |||||||||||||||||||||||
Tier 1 leverage | 6.9 | 7.1 | 6.6 | 6.2 | 11 | 9.3 | 5 | (f) | 3 | (g) | |||||||||||||||||||||
(a) | At September 30, 2013, trust preferred securities included in Tier 1 capital were $5.3 billion and $600 million, for JPMorgan Chase and JPMorgan Chase Bank, N.A., respectively. If these securities were excluded from the calculation at September 30, 2013, Tier 1 capital would be $156.1 billion and $123.5 billion, respectively, and the Tier 1 capital ratio would be 11.4% and 10.6%, respectively. At September 30, 2013, Chase Bank USA, N.A. had no trust preferred securities. | ||||||||||||||||||||||||||||||
(b) | Included off–balance sheet RWA at September 30, 2013, of $314.2 billion, $301.9 billion and $14 million, and at December 31, 2012, of $304.5 billion, $297.1 billion and $16 million, for JPMorgan Chase, JPMorgan Chase Bank, N.A. and Chase Bank USA, N.A., respectively. | ||||||||||||||||||||||||||||||
(c) | Adjusted average assets, for purposes of calculating the leverage ratio, include total quarterly average assets adjusted for unrealized gains/(losses) on securities, less deductions for disallowed goodwill and other intangible assets, investments in certain subsidiaries, and the total adjusted carrying value of nonfinancial equity investments that are subject to deductions from Tier 1 capital. | ||||||||||||||||||||||||||||||
(d) | Asset and capital amounts for JPMorgan Chase’s banking subsidiaries reflect intercompany transactions; whereas the respective amounts for JPMorgan Chase reflect the elimination of intercompany transactions. | ||||||||||||||||||||||||||||||
(e) | As defined by the regulations issued by the Federal Reserve, OCC and FDIC. | ||||||||||||||||||||||||||||||
(f) | Represents requirements for banking subsidiaries pursuant to regulations issued under the FDIC Improvement Act. There is no Tier 1 leverage component in the definition of a well-capitalized bank holding company. | ||||||||||||||||||||||||||||||
(g) | The minimum Tier 1 leverage ratio for bank holding companies and banks is 3% or 4%, depending on factors specified in regulations issued by the Federal Reserve and OCC. | ||||||||||||||||||||||||||||||
Note: | Rating agencies allow measures of capital to be adjusted upward for deferred tax liabilities, which have resulted from both nontaxable business combinations and from tax-deductible goodwill. The Firm had deferred tax liabilities resulting from nontaxable business combinations totaling $217 million and $291 million at September 30, 2013, and December 31, 2012, respectively; and deferred tax liabilities resulting from tax-deductible goodwill of $2.7 billion and $2.5 billion at September 30, 2013, and December 31, 2012, respectively. | ||||||||||||||||||||||||||||||
Reconciliation of Total Stockholders' Equity to Tier One Capital and Total Qualifying Capital [Table Text Block] | ' | ||||||||||||||||||||||||||||||
A reconciliation of the Firm’s Total stockholders’ equity to Tier 1 capital and Total qualifying capital is presented in the table below. | |||||||||||||||||||||||||||||||
(in millions) | September 30, | 31-Dec-12 | |||||||||||||||||||||||||||||
2013 | |||||||||||||||||||||||||||||||
Tier 1 capital | |||||||||||||||||||||||||||||||
Total stockholders’ equity | $ | 206,670 | $ | 204,069 | |||||||||||||||||||||||||||
Effect of certain items in AOCI excluded from Tier 1 capital | (532 | ) | (4,198 | ) | |||||||||||||||||||||||||||
Qualifying hybrid securities and noncontrolling interests(a) | 5,615 | 10,608 | |||||||||||||||||||||||||||||
Less: Goodwill(b) | 45,397 | 45,663 | |||||||||||||||||||||||||||||
Other intangible assets(b) | 2,160 | 2,311 | |||||||||||||||||||||||||||||
Fair value DVA on structured notes and derivative liabilities related to the Firm’s credit quality | 1,627 | 1,577 | |||||||||||||||||||||||||||||
Investments in certain subsidiaries and other | 1,224 | 926 | |||||||||||||||||||||||||||||
Total Tier 1 capital | 161,345 | 160,002 | |||||||||||||||||||||||||||||
Tier 2 capital | |||||||||||||||||||||||||||||||
Long-term debt and other instruments qualifying as Tier 2 | 17,646 | 18,061 | |||||||||||||||||||||||||||||
Qualifying allowance for credit losses | 17,275 | 15,995 | |||||||||||||||||||||||||||||
Other | (42 | ) | (22 | ) | |||||||||||||||||||||||||||
Total Tier 2 capital | 34,879 | 34,034 | |||||||||||||||||||||||||||||
Total qualifying capital | $ | 196,224 | $ | 194,036 | |||||||||||||||||||||||||||
(a) | Primarily includes trust preferred securities of certain business trusts. | ||||||||||||||||||||||||||||||
(b) | Goodwill and other intangible assets are net of any associated deferred tax liabilities. |
OffBalance_Sheet_LendingRelate1
Off-Balance Sheet Lending-Related Financial Instruments, Guarantees and Other Commitments (Tables) | 9 Months Ended | |||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||
Off-Balance Sheet Lending-Related Financial Instruments, Guarantees and Other Commitments [Abstract] | ' | |||||||||||||||||||||||||
Off-Balance Sheet Lending Related Financial Instruments, and Guarantees and Other Commitments | ' | |||||||||||||||||||||||||
The following table summarizes the contractual amounts and carrying values of off-balance sheet lending-related financial instruments, guarantees and other commitments at September 30, 2013, and December 31, 2012. The amounts in the table below for lending-related commitments represent the total available credit, inclusive of certain non-legally binding lines of credit. The Firm has not experienced, and does not anticipate, that all available lines of credit for these products will be utilized at the same time. The Firm can reduce or cancel these non-legally binding lines of credit by providing the borrower notice or, in some cases, without notice as permitted by law. The Firm may reduce or close home equity lines of credit when there are significant decreases in the value of the underlying property, or when there has been a demonstrable decline in the creditworthiness of the borrower. Also, the Firm typically closes credit card lines when the borrower is 60 days or more past due. | ||||||||||||||||||||||||||
Off–balance sheet lending-related financial instruments, guarantees and other commitments | ||||||||||||||||||||||||||
Contractual amount | Carrying value(g) | |||||||||||||||||||||||||
Sep 30, 2013 | Dec 31, | Sep 30, | Dec 31, | |||||||||||||||||||||||
2012 | 2013 | 2012 | ||||||||||||||||||||||||
By remaining maturity | Expires in 1 year or less | Expires after | Expires after | Expires after 5 years | Total | Total | ||||||||||||||||||||
(in millions) | 1 year through | 3 years through | ||||||||||||||||||||||||
3 years | 5 years | |||||||||||||||||||||||||
Lending-related | ||||||||||||||||||||||||||
Consumer, excluding credit card: | ||||||||||||||||||||||||||
Home equity – senior lien | $ | 2,549 | $ | 4,555 | $ | 4,509 | $ | 2,085 | $ | 13,698 | $ | 15,180 | $ | — | $ | — | ||||||||||
Home equity – junior lien | 4,073 | 7,224 | 5,310 | 2,159 | 18,766 | 21,796 | — | — | ||||||||||||||||||
Prime mortgage | 5,354 | — | — | — | 5,354 | 4,107 | — | — | ||||||||||||||||||
Subprime mortgage | — | — | — | — | — | — | — | — | ||||||||||||||||||
Auto | 8,519 | 300 | 134 | 20 | 8,973 | 7,185 | 1 | 1 | ||||||||||||||||||
Business banking | 10,215 | 586 | 107 | 363 | 11,271 | 11,092 | 7 | 6 | ||||||||||||||||||
Student and other | 121 | 134 | 4 | 466 | 725 | 796 | 1 | — | ||||||||||||||||||
Total consumer, excluding credit card | 30,831 | 12,799 | 10,064 | 5,093 | 58,787 | 60,156 | 9 | 7 | ||||||||||||||||||
Credit card | 532,251 | — | — | — | 532,251 | 533,018 | — | — | ||||||||||||||||||
Total consumer | 563,082 | 12,799 | 10,064 | 5,093 | 591,038 | 593,174 | 9 | 7 | ||||||||||||||||||
Wholesale: | ||||||||||||||||||||||||||
Other unfunded commitments to extend credit(a)(b) | 65,089 | 79,956 | 98,530 | 7,765 | 251,340 | 243,225 | 399 | 377 | ||||||||||||||||||
Standby letters of credit and other financial guarantees(a)(b)(c) | 26,476 | 32,400 | 33,484 | 1,758 | 94,118 | 100,929 | 607 | 647 | ||||||||||||||||||
Unused advised lines of credit | 84,809 | 11,837 | 808 | 406 | 97,860 | 85,087 | — | — | ||||||||||||||||||
Other letters of credit(a) | 4,473 | 1,112 | 112 | 52 | 5,749 | 5,573 | 2 | 2 | ||||||||||||||||||
Total wholesale | 180,847 | 125,305 | 132,934 | 9,981 | 449,067 | 434,814 | 1,008 | 1,026 | ||||||||||||||||||
Total lending-related | $ | 743,929 | $ | 138,104 | $ | 142,998 | $ | 15,074 | $ | 1,040,105 | $ | 1,027,988 | $ | 1,017 | $ | 1,033 | ||||||||||
Other guarantees and commitments | ||||||||||||||||||||||||||
Securities lending indemnification agreements and guarantees(d) | $ | 200,671 | $ | — | $ | — | $ | — | $ | 200,671 | $ | 166,493 | NA | NA | ||||||||||||
Derivatives qualifying as guarantees | 2,429 | 836 | 16,972 | 37,484 | 57,721 | 61,738 | $ | 107 | $ | 42 | ||||||||||||||||
Unsettled reverse repurchase and securities borrowing agreements(e) | 66,818 | — | — | — | 66,818 | 34,871 | — | — | ||||||||||||||||||
Loan sale and securitization-related indemnifications: | ||||||||||||||||||||||||||
Mortgage repurchase liability | NA | NA | NA | NA | NA | NA | 2,182 | 2,811 | ||||||||||||||||||
Loans sold with recourse | NA | NA | NA | NA | 8,136 | 9,305 | 137 | 141 | ||||||||||||||||||
Other guarantees and commitments(f) | 659 | 327 | 1,498 | 4,299 | 6,783 | 6,780 | (103 | ) | (75 | ) | ||||||||||||||||
(a) | At September 30, 2013, and December 31, 2012, reflects the contractual amount net of risk participations totaling $506 million and $473 million, respectively, for other unfunded commitments to extend credit; $15.3 billion and $16.6 billion, respectively, for standby letters of credit and other financial guarantees; and $703 million and $690 million, respectively, for other letters of credit. In regulatory filings with the Federal Reserve these commitments are shown gross of risk participations. | |||||||||||||||||||||||||
(b) | At September 30, 2013, and December 31, 2012, included credit enhancements and bond and commercial paper liquidity commitments to U.S. states and municipalities, hospitals and other nonprofit entities of $38.0 billion and $44.5 billion, respectively. These commitments also include liquidity facilities to nonconsolidated municipal bond VIEs; for further information, see Note 15 on pages 179–186 of this Form 10-Q. | |||||||||||||||||||||||||
(c) | At September 30, 2013, and December 31, 2012, included unissued standby letters of credit commitments of $42.3 billion and $44.4 billion, respectively. | |||||||||||||||||||||||||
(d) | At September 30, 2013, and December 31, 2012, collateral held by the Firm in support of securities lending indemnification agreements was $207.2 billion and $165.1 billion, respectively. Securities lending collateral comprises primarily cash and securities issued by governments that are members of the Organisation for Economic Co-operation and Development (“OECD”) and U.S. government agencies. | |||||||||||||||||||||||||
(e) | At September 30, 2013, and December 31, 2012, the amount of commitments related to forward-starting reverse repurchase agreements and securities borrowing agreements were $9.8 billion and $13.2 billion, respectively. Commitments related to unsettled reverse repurchase agreements and securities borrowing agreements with regular-way settlement periods were $57.0 billion and $21.7 billion, at September 30, 2013, and December 31, 2012, respectively. | |||||||||||||||||||||||||
(f) | At September 30, 2013, and December 31, 2012, included unfunded commitments of $232 million and $370 million, respectively, to third-party private equity funds; and $1.7 billion and $1.5 billion, respectively, to other equity investments. These commitments included $224 million and $333 million, respectively, related to investments that are generally fair valued at net asset value as discussed in Note 3 on pages 116–130 of this Form 10-Q. In addition, at September 30, 2013, and December 31, 2012, included letters of credit hedged by derivative transactions and managed on a market risk basis of $4.6 billion and $4.5 billion, respectively. | |||||||||||||||||||||||||
(g) | For lending-related products, the carrying value represents the allowance for lending-related commitments and the guarantee liability; for derivative-related products, the carrying value represents the fair value. | |||||||||||||||||||||||||
Standby letters of credit and other financial guarantees and other letters of credit | ' | |||||||||||||||||||||||||
The following table summarizes the types of facilities under which standby letters of credit and other letters of credit arrangements are outstanding by the ratings profiles of the Firm’s customers, as of September 30, 2013, and December 31, 2012. | ||||||||||||||||||||||||||
Standby letters of credit, other financial guarantees and other letters of credit | ||||||||||||||||||||||||||
September 30, 2013 | December 31, 2012 | |||||||||||||||||||||||||
(in millions) | Standby letters of | Other letters | Standby letters of | Other letters | ||||||||||||||||||||||
credit and other financial guarantees | of credit | credit and other financial guarantees | of credit | |||||||||||||||||||||||
Investment-grade(a) | $ | 70,616 | $ | 4,712 | $ | 77,081 | $ | 3,998 | ||||||||||||||||||
Noninvestment-grade(a) | 23,502 | 1,037 | 23,848 | 1,575 | ||||||||||||||||||||||
Total contractual amount | $ | 94,118 | $ | 5,749 | $ | 100,929 | $ | 5,573 | ||||||||||||||||||
Allowance for lending-related commitments | $ | 267 | $ | 2 | $ | 282 | $ | 2 | ||||||||||||||||||
Commitments with collateral | 40,839 | 1,585 | 42,654 | 1,145 | ||||||||||||||||||||||
(a) | The ratings scale is based on the Firm’s internal ratings which generally correspond to ratings as defined by S&P and Moody’s. | |||||||||||||||||||||||||
Summary of changes in mortgage repurchase liability | ' | |||||||||||||||||||||||||
The following table summarizes the change in the mortgage repurchase liability for each of the periods presented. | ||||||||||||||||||||||||||
Summary of changes in mortgage repurchase liability(a) | ||||||||||||||||||||||||||
Three months | Nine months ended September 30, | |||||||||||||||||||||||||
ended September 30, | ||||||||||||||||||||||||||
(in millions) | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||
Repurchase liability at beginning of period | $ | 2,476 | $ | 3,293 | $ | 2,811 | $ | 3,557 | ||||||||||||||||||
Net realized losses(b) | (135 | ) | (268 | ) | (538 | ) | (891 | ) | ||||||||||||||||||
Provision for repurchase losses(c) | (159 | ) | 74 | (91 | ) | 433 | ||||||||||||||||||||
Repurchase liability at end of period(d) | $ | 2,182 | $ | 3,099 | $ | 2,182 | $ | 3,099 | ||||||||||||||||||
(a) | All mortgage repurchase demands associated with private-label securitizations are separately evaluated by the Firm in establishing its litigation reserves. | |||||||||||||||||||||||||
(b) | Realized repurchase losses are presented net of third-party recoveries and include principal losses and accrued interest on repurchased loans, “make-whole” settlements, settlements with claimants, and certain related expense. Make-whole settlements were $117 million and $94 million for the three months ended September 30, 2013 and 2012, respectively and $371 million and $387 million for the nine months ended September 30, 2013 and 2012, respectively. | |||||||||||||||||||||||||
(c) | Included provision related to new loan sales of $4 million and $30 million for the three months ended September 30, 2013 and 2012, respectively, and $18 million and $85 million for the nine months ended September 30, 2013 and 2012, respectively. | |||||||||||||||||||||||||
(d) | On October 25, 2013, the Firm agreed with the FHFA to resolve, for $1.1 billion, GSE repurchase claims for breaches of representations and warranties on loans sold to the GSEs from 2000 to 2008, except for certain limited types of exposures. The settlement does not release the Firm’s liability with respect to its servicing obligations on covered loans. |
Business_Segments_Tables
Business Segments (Tables) | 9 Months Ended | |||||||||||||||||||||||||||
Sep. 30, 2013 | ||||||||||||||||||||||||||||
Segment Reporting [Abstract] | ' | |||||||||||||||||||||||||||
Segment results and reconciliation | ' | |||||||||||||||||||||||||||
Segment results and reconciliation(a) | ||||||||||||||||||||||||||||
As of or for the three months ended September 30, | Consumer & Community Banking(b) | Corporate & Investment Bank | Commercial Banking | Asset Management | ||||||||||||||||||||||||
(in millions, except ratios) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||
Noninterest revenue | $ | 3,961 | $ | 5,425 | $ | 5,703 | $ | 5,572 | $ | 588 | $ | 586 | $ | 2,185 | $ | 1,907 | ||||||||||||
Net interest income | 7,121 | 7,295 | 2,486 | 2,788 | 1,137 | 1,146 | 578 | 552 | ||||||||||||||||||||
Total net revenue | 11,082 | 12,720 | 8,189 | 8,360 | 1,725 | 1,732 | 2,763 | 2,459 | ||||||||||||||||||||
Provision for credit losses | (267 | ) | 1,862 | (218 | ) | (60 | ) | (41 | ) | (16 | ) | — | 14 | |||||||||||||||
Noninterest expense | 6,867 | 6,956 | 4,999 | 5,350 | 661 | 601 | 2,003 | 1,731 | ||||||||||||||||||||
Income/(loss) before | 4,482 | 3,902 | 3,408 | 3,070 | 1,105 | 1,147 | 760 | 714 | ||||||||||||||||||||
income tax expense/(benefit) | ||||||||||||||||||||||||||||
Income tax expense/(benefit) | 1,780 | 1,547 | 1,168 | 1,078 | 440 | 457 | 284 | 271 | ||||||||||||||||||||
Net income/(loss) | $ | 2,702 | $ | 2,355 | $ | 2,240 | $ | 1,992 | $ | 665 | $ | 690 | $ | 476 | $ | 443 | ||||||||||||
Average common equity | $ | 46,000 | $ | 43,000 | $ | 56,500 | $ | 47,500 | $ | 13,500 | $ | 9,500 | $ | 9,000 | $ | 7,000 | ||||||||||||
Total assets | 451,166 | 463,602 | 867,474 | 904,090 | 192,194 | 168,124 | 117,475 | 103,608 | ||||||||||||||||||||
Return on average common equity | 23 | % | 22 | % | 16 | % | 17 | % | 20 | % | 29 | % | 21 | % | 25 | % | ||||||||||||
Overhead ratio | 62 | 55 | 61 | 64 | 38 | 35 | 72 | 70 | ||||||||||||||||||||
As of or for the three months ended September 30, | Corporate/Private Equity(b) | Reconciling Items(c) | Total | |||||||||||||||||||||||||
(in millions, except ratios) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||
Noninterest revenue | $ | 487 | $ | 1,197 | $ | (582 | ) | $ | (517 | ) | $ | 12,342 | $ | 14,170 | ||||||||||||||
Net interest income | (366 | ) | (605 | ) | (181 | ) | (200 | ) | 10,775 | 10,976 | ||||||||||||||||||
Total net revenue | 121 | 592 | (763 | ) | (717 | ) | 23,117 | 25,146 | ||||||||||||||||||||
Provision for credit losses | (17 | ) | (11 | ) | — | — | (543 | ) | 1,789 | |||||||||||||||||||
Noninterest expense | 9,096 | 733 | — | — | 23,626 | 15,371 | ||||||||||||||||||||||
Income/(loss) before income tax expense/(benefit) | (8,958 | ) | (130 | ) | (763 | ) | (717 | ) | 34 | 7,986 | ||||||||||||||||||
Income tax expense/(benefit) | (2,495 | ) | (358 | ) | (763 | ) | (717 | ) | 414 | 2,278 | ||||||||||||||||||
Net income/(loss) | $ | (6,463 | ) | $ | 228 | $ | — | $ | — | $ | (380 | ) | $ | 5,708 | ||||||||||||||
Average common equity | $ | 72,232 | $ | 79,590 | $ | — | $ | — | $ | 197,232 | $ | 186,590 | ||||||||||||||||
Total assets | 835,000 | 681,860 | NA | NA | 2,463,309 | 2,321,284 | ||||||||||||||||||||||
Return on average common equity | NM | NM | NM | NM | (1 | )% | 12 | % | ||||||||||||||||||||
Overhead ratio | NM | NM | NM | NM | 102 | 61 | ||||||||||||||||||||||
Segment results | ||||||||||||||||||||||||||||
The accompanying tables provide a summary of the Firm’s segment results for the three and nine months ended September 30, 2013 and 2012, on a managed basis. Total net revenue (noninterest revenue and net interest income) for each of the segments is presented on a fully taxable-equivalent (“FTE”) basis. Accordingly, revenue from investments that receive tax credits and tax-exempt securities is presented in the managed results on a basis comparable to taxable investments and securities. This non-GAAP financial measure allows management to assess the comparability of revenue arising from both taxable and tax-exempt sources. The corresponding income tax impact related to tax-exempt items is recorded within income tax expense/(benefit). | ||||||||||||||||||||||||||||
Effective January 1, 2013, the Firm further refined the capital allocation framework to align it with the revised line of business structure that became effective in the fourth quarter of 2012. The increase in equity levels for the lines of businesses is largely driven by regulatory guidance on Basel III requirements, principally for CIB and CIO, and by anticipated business growth. | ||||||||||||||||||||||||||||
Segment results and reconciliation(a) | ||||||||||||||||||||||||||||
As of or for the nine months ended September 30, | Consumer & Community Banking(b) | Corporate & Investment Bank | Commercial Banking | Asset Management | ||||||||||||||||||||||||
(in millions, except ratios) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||
Noninterest revenue | $ | 13,288 | $ | 15,700 | $ | 20,231 | $ | 18,321 | $ | 1,674 | $ | 1,705 | $ | 6,435 | $ | 5,646 | ||||||||||||
Net interest income | 21,424 | 21,822 | 7,974 | 8,363 | 3,452 | 3,375 | 1,706 | 1,547 | ||||||||||||||||||||
Total net revenue | 34,712 | 37,522 | 28,205 | 26,684 | 5,126 | 5,080 | 8,141 | 7,193 | ||||||||||||||||||||
Provision for credit losses | 263 | 2,683 | (213 | ) | (34 | ) | 42 | 44 | 44 | 67 | ||||||||||||||||||
Noninterest expense | 20,521 | 20,838 | 16,852 | 16,854 | 1,957 | 1,790 | 5,771 | 5,161 | ||||||||||||||||||||
Income/(loss) before | 13,928 | 14,001 | 11,566 | 9,864 | 3,127 | 3,246 | 2,326 | 1,965 | ||||||||||||||||||||
income tax expense/(benefit) | ||||||||||||||||||||||||||||
Income tax expense/(benefit) | 5,551 | 5,439 | 3,878 | 3,463 | 1,245 | 1,292 | 863 | 745 | ||||||||||||||||||||
Net income/(loss) | $ | 8,377 | $ | 8,562 | $ | 7,688 | $ | 6,401 | $ | 1,882 | $ | 1,954 | $ | 1,463 | $ | 1,220 | ||||||||||||
Average common equity | $ | 46,000 | $ | 43,000 | $ | 56,500 | $ | 47,500 | $ | 13,500 | $ | 9,500 | $ | 9,000 | $ | 7,000 | ||||||||||||
Total assets | 451,166 | 463,602 | 867,474 | 904,090 | 192,194 | 168,124 | 117,475 | 103,608 | ||||||||||||||||||||
Return on average common equity | 24 | % | 27 | % | 18 | % | 18 | % | 19 | % | 27 | % | 22 | % | 23 | % | ||||||||||||
Overhead ratio | 59 | 56 | 60 | 63 | 38 | 35 | 71 | 72 | ||||||||||||||||||||
As of or for the nine months ended September 30, | Corporate/Private Equity(b) | Reconciling Items(c) | Total | |||||||||||||||||||||||||
(in millions, except ratios) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||
Noninterest revenue | $ | 1,138 | $ | (214 | ) | $ | (1,728 | ) | $ | (1,568 | ) | $ | 41,038 | $ | 39,590 | |||||||||||||
Net interest income | (1,636 | ) | (753 | ) | (508 | ) | (566 | ) | 32,412 | 33,788 | ||||||||||||||||||
Total net revenue | (498 | ) | (967 | ) | (2,236 | ) | (2,134 | ) | 73,450 | 73,378 | ||||||||||||||||||
Provision for credit losses | (15 | ) | (31 | ) | — | — | 121 | 2,729 | ||||||||||||||||||||
Noninterest expense | 9,814 | 4,039 | — | — | 54,915 | 48,682 | ||||||||||||||||||||||
Income/(loss) before income tax expense/(benefit) | (10,297 | ) | (4,975 | ) | (2,236 | ) | (2,134 | ) | 18,414 | 21,967 | ||||||||||||||||||
Income tax expense/(benefit) | (3,532 | ) | (2,430 | ) | (2,236 | ) | (2,134 | ) | 5,769 | 6,375 | ||||||||||||||||||
Net income/(loss) | $ | (6,765 | ) | $ | (2,545 | ) | $ | — | $ | — | $ | 12,645 | $ | 15,592 | ||||||||||||||
Average common equity | $ | 71,425 | $ | 74,791 | $ | — | $ | — | $ | 196,425 | $ | 181,791 | ||||||||||||||||
Total assets | 835,000 | 681,860 | NA | NA | 2,463,309 | 2,321,284 | ||||||||||||||||||||||
Return on average common equity | NM | NM | NM | NM | 8 | % | 11 | % | ||||||||||||||||||||
Overhead ratio | NM | NM | NM | NM | 75 | 66 | ||||||||||||||||||||||
(a) | Managed basis starts with the reported U.S. GAAP results and includes certain reclassifications as discussed below that do not have any impact on net income as reported by the lines of business or by the Firm as a whole. | |||||||||||||||||||||||||||
(b) | In the second quarter of 2013, the 2012 data for certain income statement and balance sheet line items were revised to reflect the transfer of certain functions and staff from Corporate/Private Equity to CCB, effective January 1, 2013. | |||||||||||||||||||||||||||
(c) | Segment managed results reflect revenue on a FTE basis with the corresponding income tax impact recorded within income tax expense/(benefit). These FTE adjustments are eliminated in reconciling items to arrive at the Firm’s reported U.S. GAAP results. |
Business_Changes_and_Developme1
Business Changes and Developments Other Changes and Developments (Details) (USD $) | 3 Months Ended | 9 Months Ended | 0 Months Ended | 1 Months Ended | 3 Months Ended | 0 Months Ended | ||||||||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 03, 2013 | Sep. 03, 2013 | Feb. 05, 2013 | Apr. 23, 2013 | Jul. 29, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | 8-May-13 | |
Preferred Stock Including Additional Paid in Capital | Preferred Stock Including Additional Paid in Capital | Non-Cumulative Preferred Stock, Series J | Non-Cumulative Preferred Stock, Series J | Non-Cumulative Preferred Stock, Series P | Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series Q | Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series R | Common stock | Common stock | Parent Company | |||||
Preferred Stock Including Additional Paid in Capital | Preferred Stock Including Additional Paid in Capital | Preferred Stock Including Additional Paid in Capital | Preferred Stock Including Additional Paid in Capital | |||||||||||
Other Business Events Disclousre | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock Issued During Period, Value, New Issues | ' | ' | ' | ' | $3,900,000,000 | $1,258,000,000 | ' | ' | $900,000,000 | $1,500,000,000 | $1,500,000,000 | ' | ' | ' |
Payments for Repurchase of Trust Preferred Securities | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5,000,000,000 |
Preferred Stock, Liquidation Preference, Percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 100.00% |
Common stock, dividends, per share | $0.38 | $0.30 | $1.06 | $0.90 | ' | ' | ' | ' | ' | ' | ' | $0.38 | $0.30 | ' |
Stock Redeemed or Called During Period, Value | ' | ' | ' | ' | ($1,800,000,000) | $0 | ' | $1,800,000,000 | ' | ' | ' | ' | ' | ' |
Preferred Stock, Dividend Rate, Percentage | ' | ' | ' | ' | ' | ' | 8.63% | ' | ' | ' | ' | ' | ' | ' |
Business_Changes_and_Developme2
Business Changes and Developments Subsequent events (Details 1) (Subsequent Event, USD $) | 0 Months Ended | |
Oct. 17, 2013 | Oct. 25, 2013 | |
MBS Litigation with the Federal Housing Finance Agency as Conservator for Freddie Mac and Fannie Mac [Member] | ||
Mortgage Backed Securities Litigation and Regulatory Investigations [Member] | ||
Subsequent Event | ' | ' |
Proceeds from Sale of Property, Plant, and Equipment | $725,000,000 | ' |
Litigation Settlement, Amount | ' | 4,000,000,000 |
Amount of Securities Purchased by Fannie Mae and Freddie Mac from JPMorgan Chase, Bear Stearns and Washington Mutual. | ' | $33,800,000,000 |
Fair_Value_Measurement_Recurri
Fair Value Measurement - Recurring Basis (Details) (USD $) | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | 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2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | 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2013 | Dec. 31, 2012 | Sep. 30, 2012 | Mar. 31, 2013 | Mar. 31, 2013 | Sep. 30, 2012 |
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Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Trading assets | Trading assets | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, 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Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, 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Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair value | Fair value | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair value | Fair value | Fair value | Asset-backed securities | Collateralized loan obligations | Equity | |||||||||||||||
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Assets and liabilities measured at fair value on a recurring basis [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Federal Funds Sold and Securities Borrowed or Purchased under Agreements to Resell, Fair Value Disclosure | ' | ' | ' | ' | ' | ' | ' | ' | $0 | $0 | $25,703,000,000 | $24,258,000,000 | $0 | $0 | $0 | $0 | $25,703,000,000 | $24,258,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Securities borrowed | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 5,453,000,000 | 10,177,000,000 | 0 | 0 | 0 | 0 | 5,453,000,000 | 10,177,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Trading assets | ' | ' | ' | ' | ' | ' | 383,348,000,000 | 450,028,000,000 | 158,694,000,000 | 159,512,000,000 | 1,396,436,000,000 | 1,831,942,000,000 | 42,532,000,000 | 47,872,000,000 | -1,214,314,000,000 | -1,589,298,000,000 | ' | ' | 316,560,000,000 | 375,045,000,000 | 156,451,000,000 | 158,270,000,000 | 136,127,000,000 | 191,136,000,000 | 23,982,000,000 | 25,639,000,000 | 0 | 0 | 198,704,000,000 | 243,827,000,000 | 51,580,000,000 | 41,265,000,000 | 125,627,000,000 | 178,900,000,000 | 21,497,000,000 | 23,662,000,000 | 0 | 0 | 28,815,000,000 | 41,682,000,000 | 0 | 0 | 27,007,000,000 | 39,314,000,000 | 1,808,000,000 | 2,368,000,000 | 0 | 0 | 25,091,000,000 | 36,738,000,000 | 0 | 0 | 24,210,000,000 | 36,240,000,000 | 881,000,000 | 498,000,000 | 0 | 0 | 2,413,000,000 | 2,172,000,000 | 0 | 0 | 1,800,000,000 | 1,509,000,000 | 613,000,000 | 663,000,000 | 0 | 0 | 1,311,000,000 | 2,772,000,000 | 0 | 0 | 997,000,000 | 1,565,000,000 | 314,000,000 | 1,207,000,000 | 0 | 0 | 34,796,000,000 | 22,425,000,000 | 22,877,000,000 | 15,170,000,000 | 11,919,000,000 | 7,255,000,000 | 0 | 0 | 0 | 0 | 9,291,000,000 | 18,162,000,000 | 0 | 0 | 7,691,000,000 | 16,726,000,000 | 1,600,000,000 | 1,436,000,000 | 0 | 0 | 3,097,000,000 | 4,759,000,000 | 0 | 0 | 3,097,000,000 | 4,759,000,000 | 0 | 0 | 0 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 51,772,000,000 | 70,190,000,000 | 28,703,000,000 | 26,095,000,000 | 22,990,000,000 | 44,028,000,000 | 79,000,000 | 67,000,000 | 0 | 0 | 30,520,000,000 | 37,190,000,000 | 0 | 0 | 25,643,000,000 | 31,882,000,000 | 4,877,000,000 | 5,308,000,000 | 0 | 0 | 34,964,000,000 | 41,541,000,000 | 0 | 0 | 22,973,000,000 | 30,754,000,000 | 11,991,000,000 | 10,787,000,000 | 0 | 0 | 18,100,000,000 | 26,400,000,000 | 3,600,000,000 | 4,000,000,000 | 9,300,000,000 | 17,400,000,000 | 3,000,000,000 | 2,200,000,000 | 5,449,000,000 | 7,878,000,000 | 0 | 0 | 4,307,000,000 | 4,182,000,000 | 1,142,000,000 | 3,696,000,000 | 0 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 102,146,000,000 | 110,699,000,000 | 99,878,000,000 | 106,898,000,000 | 1,252,000,000 | 2,687,000,000 | 1,016,000,000 | 1,114,000,000 | 0 | 0 | 10,294,000,000 | 16,173,000,000 | 4,993,000,000 | 10,107,000,000 | 5,293,000,000 | 6,066,000,000 | 8,000,000 | 0 | 0 | 0 | 5,416,000,000 | 4,346,000,000 | 0 | 0 | 3,955,000,000 | 3,483,000,000 | 1,461,000,000 | 863,000,000 | 0 | 0 | ' | ' | 66,788,000,000 | 74,983,000,000 | 2,243,000,000 | 1,242,000,000 | 1,260,309,000,000 | 1,640,806,000,000 | 18,550,000,000 | 22,233,000,000 | -1,214,314,000,000 | -1,589,298,000,000 | 29,346,000,000 | 39,205,000,000 | 1,415,000,000 | 476,000,000 | 925,457,000,000 | 1,295,474,000,000 | 5,550,000,000 | 6,617,000,000 | -903,076,000,000 | -1,263,362,000,000 | 2,102,000,000 | 1,735,000,000 | 0 | 0 | 82,301,000,000 | 93,821,000,000 | 3,574,000,000 | 6,489,000,000 | -83,773,000,000 | -98,575,000,000 | 13,505,000,000 | 14,142,000,000 | 508,000,000 | 450,000,000 | 165,870,000,000 | 171,439,000,000 | 2,007,000,000 | 3,051,000,000 | -154,880,000,000 | -160,798,000,000 | 12,951,000,000 | 9,266,000,000 | 0 | 0 | 48,364,000,000 | 37,741,000,000 | 6,628,000,000 | 4,921,000,000 | -42,041,000,000 | -33,396,000,000 | 8,884,000,000 | 10,635,000,000 | 320,000,000 | 316,000,000 | 38,317,000,000 | 42,331,000,000 | 791,000,000 | 1,155,000,000 | -30,544,000,000 | -33,167,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,300,000,000 | ' | ' |
Available-for-sale securities | 352,040,000,000 | ' | 371,145,000,000 | ' | ' | ' | ' | ' | 52,184,000,000 | 43,413,000,000 | 297,350,000,000 | 298,816,000,000 | 2,506,000,000 | 28,916,000,000 | 0 | 0 | 352,040,000,000 | 371,145,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 175,332,000,000 | 186,230,000,000 | 0 | 0 | 174,306,000,000 | 185,525,000,000 | 1,026,000,000 | 705,000,000 | 0 | 0 | 95,238,000,000 | 98,388,000,000 | 0 | 0 | 95,238,000,000 | 98,388,000,000 | 0 | 0 | 0 | 0 | 65,421,000,000 | 74,639,000,000 | 0 | 0 | 64,705,000,000 | 74,189,000,000 | 716,000,000 | 450,000,000 | 0 | 0 | 14,673,000,000 | 13,203,000,000 | 0 | 0 | 14,363,000,000 | 12,948,000,000 | 310,000,000 | 255,000,000 | 0 | 0 | 22,756,000,000 | 12,130,000,000 | 22,162,000,000 | 11,089,000,000 | 594,000,000 | 1,041,000,000 | 0 | 0 | 0 | 0 | 28,253,000,000 | 21,711,000,000 | 68,000,000 | 35,000,000 | 27,998,000,000 | 21,489,000,000 | 187,000,000 | 187,000,000 | 0 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 947,000,000 | 2,783,000,000 | 0 | 0 | 947,000,000 | 2,783,000,000 | 0 | 0 | 0 | 0 | 55,746,000,000 | 66,044,000,000 | 27,080,000,000 | 29,556,000,000 | 28,666,000,000 | 36,488,000,000 | 0 | 0 | 0 | 0 | 25,196,000,000 | 38,609,000,000 | 0 | 0 | 25,196,000,000 | 38,609,000,000 | 0 | 0 | 0 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 28,992,000,000 | 27,896,000,000 | 0 | 0 | 28,023,000,000 | 0 | 969,000,000 | 27,896,000,000 | 0 | 0 | 11,944,000,000 | 12,971,000,000 | 0 | 0 | 11,620,000,000 | 12,843,000,000 | 324,000,000 | 128,000,000 | 0 | 0 | 2,874,000,000 | 2,771,000,000 | 2,874,000,000 | 2,733,000,000 | 0 | 38,000,000 | 0 | 0 | 0 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 27,300,000,000 | ' |
Loans, at fair value | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 80,000,000 | 273,000,000 | 2,005,000,000 | 2,282,000,000 | 0 | 0 | 2,085,000,000 | 2,555,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Mortgage servicing rights | 9,490,000,000 | 9,335,000,000 | 7,614,000,000 | 7,080,000,000 | 7,118,000,000 | 7,223,000,000 | 9,490,000,000 | 7,614,000,000 | 0 | 0 | 0 | 0 | 9,490,000,000 | 7,614,000,000 | 0 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total other assets | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4,660,000,000 | 4,766,000,000 | 415,000,000 | 253,000,000 | 11,366,000,000 | 11,439,000,000 | 0 | 0 | 16,441,000,000 | 16,458,000,000 | 8,356,000,000 | 7,759,000,000 | 538,000,000 | 578,000,000 | 0 | 0 | 7,818,000,000 | 7,181,000,000 | 0 | 0 | 8,085,000,000 | 8,699,000,000 | 4,122,000,000 | 4,188,000,000 | 415,000,000 | 253,000,000 | 3,548,000,000 | 4,258,000,000 | 0 | 0 | ' | ' | ' | ' | ' | ' |
Total assets measured at fair value on a recurring basis | ' | ' | ' | ' | ' | ' | 794,560,000,000 | 882,235,000,000 | 215,538,000,000 | 207,691,000,000 | 1,725,437,000,000 | 2,165,719,000,000 | 67,899,000,000 | 98,123,000,000 | -1,214,314,000,000 | -1,589,298,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 106,200,000,000 | 119,400,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Deposits | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 4,582,000,000 | 3,750,000,000 | 2,200,000,000 | 1,983,000,000 | 0 | 0 | 6,782,000,000 | 5,733,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Federal funds purchased and securities loaned or sold under repurchase agreements (included $9.5 and $4.1 at fair value) | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 5,983,000,000 | 4,388,000,000 | 0 | 0 | 0 | 0 | 5,983,000,000 | 4,388,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Other Short-term Borrowings | 30,436,000,000 | ' | 26,636,000,000 | ' | ' | ' | ' | ' | 0 | 0 | 10,254,000,000 | 9,972,000,000 | 2,349,000,000 | 1,619,000,000 | 0 | 0 | 12,603,000,000 | 11,591,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Trading liabilities | ' | ' | ' | ' | ' | ' | 148,119,000,000 | 131,918,000,000 | 68,884,000,000 | 48,563,000,000 | 1,267,643,000,000 | 1,633,613,000,000 | 18,670,000,000 | 20,545,000,000 | -1,207,078,000,000 | -1,570,803,000,000 | ' | ' | 87,334,000,000 | 61,262,000,000 | 65,932,000,000 | 47,469,000,000 | 21,306,000,000 | 13,588,000,000 | 96,000,000 | 205,000,000 | 0 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 60,785,000,000 | 70,656,000,000 | 2,952,000,000 | 1,094,000,000 | 1,246,337,000,000 | 1,620,025,000,000 | 18,574,000,000 | 20,340,000,000 | -1,207,078,000,000 | -1,570,803,000,000 | 16,393,000,000 | 24,906,000,000 | 1,978,000,000 | 490,000,000 | 894,827,000,000 | 1,256,934,000,000 | 2,875,000,000 | 3,295,000,000 | -883,287,000,000 | -1,235,813,000,000 | 2,533,000,000 | 2,504,000,000 | 0 | 0 | 81,435,000,000 | 95,411,000,000 | 3,077,000,000 | 4,616,000,000 | -81,979,000,000 | -97,523,000,000 | 16,869,000,000 | 18,601,000,000 | 492,000,000 | 428,000,000 | 180,254,000,000 | 183,308,000,000 | 3,212,000,000 | 4,801,000,000 | -167,089,000,000 | -169,936,000,000 | 15,811,000,000 | 11,819,000,000 | 0 | 0 | 50,333,000,000 | 37,807,000,000 | 8,566,000,000 | 6,727,000,000 | -43,088,000,000 | -32,715,000,000 | 9,179,000,000 | 12,826,000,000 | 482,000,000 | 176,000,000 | 39,488,000,000 | 46,565,000,000 | 844,000,000 | 901,000,000 | -31,635,000,000 | -34,816,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,200,000,000 |
Accounts payable and other liabilities | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | 0 | 29,000,000 | 36,000,000 | 0 | 0 | 29,000,000 | 36,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Beneficial interests issued by consolidated VIEs, at fair value | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 776,000,000 | 245,000,000 | 1,046,000,000 | 925,000,000 | 0 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,822,000,000 | 1,170,000,000 | ' | ' | ' | ' |
Long-term debt | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 19,951,000,000 | 22,312,000,000 | 9,812,000,000 | 8,476,000,000 | 0 | 0 | 29,763,000,000 | 30,788,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,600,000,000 | ' | ' | ' |
Total liabilities at fair value on a recurring basis | ' | ' | ' | ' | ' | ' | 205,101,000,000 | 185,624,000,000 | 68,884,000,000 | 48,563,000,000 | 1,309,189,000,000 | 1,674,280,000,000 | 34,106,000,000 | 33,584,000,000 | -1,207,078,000,000 | -1,570,803,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair value assets and liabilities measured on recurring basis - supplemental data | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Reduction In Level Three Derivative Receivable And Derivative Payable Balances | 7,400,000,000 | ' | 7,400,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Costs of the private equity investment portfolio | 8,800,000,000 | ' | 8,400,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Investment valued at net asset value | ' | ' | ' | ' | ' | ' | $3,700,000,000 | $4,900,000,000 | ' | ' | $1,000,000,000 | $1,100,000,000 | $2,700,000,000 | $3,800,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair_Value_Measurement_Level_3
Fair Value Measurement - Level 3 Inputs (Details 1) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 |
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Level 3 [Member] | Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Long-term debt, other borrowed funds, and deposits [Member] | Collateralized loan obligations | Collateralized loan obligations | Corporate debt securities, obligations of U.S. states and municipalities, and other [Member] | Collateralized loan obligations | Corporate debt securities, obligations of U.S. states and municipalities, and other [Member] | Long-term debt, other borrowed funds, and deposits [Member] | Discounted Cash Flows Valuation Technique [Member] | Discounted Cash Flows Valuation Technique [Member] | Discounted Cash Flows Valuation Technique [Member] | Discounted Cash Flows Valuation Technique [Member] | Discounted Cash Flows Valuation Technique [Member] | Discounted Cash Flows Valuation Technique [Member] | Market Comparables Valuation Technique [Member] | Market Comparables Valuation Technique [Member] | Option Pricing Valuation Technique [Member] | Option Pricing Valuation Technique [Member] | Option Pricing Valuation Technique [Member] | Option Pricing Valuation Technique [Member] | Option Pricing Valuation Technique [Member] | Discounted Cash Flows Valuation Technique [Member] | Discounted Cash Flows Valuation Technique [Member] | Discounted Cash Flows Valuation Technique [Member] | Discounted Cash Flows Valuation Technique [Member] | Discounted Cash Flows Valuation Technique [Member] | Discounted Cash Flows Valuation Technique [Member] | Market Comparables Valuation Technique [Member] | Market Comparables Valuation Technique [Member] | Option Pricing Valuation Technique [Member] | Option Pricing Valuation Technique [Member] | Option Pricing Valuation Technique [Member] | Option Pricing Valuation Technique [Member] | Option Pricing Valuation Technique [Member] | Discounted Cash Flows Valuation Technique [Member] | Discounted Cash Flows Valuation Technique [Member] | Discounted Cash Flows Valuation Technique [Member] | Discounted Cash Flows Valuation Technique [Member] | Market Comparables Valuation Technique [Member] | Market Comparables Valuation Technique [Member] | Market Comparables Valuation Technique [Member] | Minimum | Maximum | Weighted Average [Member] | Net Asset Value Valuation Technique [Member] | Net Asset Value Valuation Technique [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Level 3 [Member] | Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Long-term debt, other borrowed funds, and deposits [Member] | Residential Mortgage Backed Securities And Loans [Member] | Commercial Mortgage Backed Securites And Loans [Member] | Collateralized loan obligations | Credit derivatives | Corporate debt securities, obligations of U.S. states and municipalities, and other [Member] | Collateralized loan obligations | Corporate debt securities, obligations of U.S. states and municipalities, and other [Member] | Long-term debt, other borrowed funds, and deposits [Member] | Interest rate contract | Commodity Contract | Foreign exchange contract | Equity Contract | Long-term debt, other borrowed funds, and deposits [Member] | Residential Mortgage Backed Securities And Loans [Member] | Commercial Mortgage Backed Securites And Loans [Member] | Collateralized loan obligations | Credit derivatives | Corporate debt securities, obligations of U.S. states and municipalities, and other [Member] | Collateralized loan obligations | Corporate debt securities, obligations of U.S. states and municipalities, and other [Member] | Long-term debt, other borrowed funds, and deposits [Member] | Interest rate contract | Commodity Contract | Foreign exchange contract | Equity Contract | Residential Mortgage Backed Securities And Loans [Member] | Commercial Mortgage Backed Securites And Loans [Member] | Collateralized loan obligations | Corporate debt securities, obligations of U.S. states and municipalities, and other [Member] | Collateralized loan obligations | Corporate debt securities, obligations of U.S. states and municipalities, and other [Member] | Private Equity Funds [Member] | Market Comparables Valuation Technique [Member] | Market Comparables Valuation Technique [Member] | Market Comparables Valuation Technique [Member] | Private Equity Funds [Member] | Private Equity Funds [Member] | Level 3 [Member] | Level 3 [Member] | Level 3 [Member] | Level 3 [Member] | Level 3 [Member] | Level 3 [Member] | Level 3 [Member] | Level 3 [Member] | Level 3 [Member] | Level 3 [Member] | Level 3 [Member] | Level 3 [Member] | Level 3 [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Level 3 [Member] | Level 3 [Member] | Level 3 [Member] | Level 3 [Member] | Level 3 [Member] | Level 3 [Member] | Private Equity Funds [Member] | Private Equity Funds [Member] | Private Equity Funds [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Level 3 Inputs | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair value of assets | ' | ' | ' | ' | $10,949,000,000 | $1,454,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $969,000,000 | $12,944,000,000 | $455,000,000 | $5,270,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair value of assets | ' | ' | ' | ' | ' | ' | -24,000,000 | -416,000,000 | 1,893,000,000 | 2,310,000,000 | 4,686,000,000 | 6,238,000,000 | 23,982,000,000 | 24,407,000,000 | 25,639,000,000 | 26,860,000,000 | 28,776,000,000 | 32,967,000,000 | 9,490,000,000 | 9,335,000,000 | 7,614,000,000 | 7,080,000,000 | 7,118,000,000 | 7,223,000,000 | 7,818,000,000 | 7,105,000,000 | 7,181,000,000 | 7,104,000,000 | 6,702,000,000 | 6,751,000,000 | 2,675,000,000 | 2,101,000,000 | 3,322,000,000 | 3,691,000,000 | 3,692,000,000 | 3,561,000,000 | 497,000,000 | 921,000,000 | 1,873,000,000 | 2,610,000,000 | 4,448,000,000 | 7,732,000,000 | -53,000,000 | 71,000,000 | 254,000,000 | -3,000,000 | 17,000,000 | -687,000,000 | -1,205,000,000 | -1,218,000,000 | -1,750,000,000 | -1,791,000,000 | -1,488,000,000 | -1,263,000,000 | -1,938,000,000 | -2,291,000,000 | -1,806,000,000 | -2,197,000,000 | -1,983,000,000 | -3,105,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6,075,000,000 | ' | ' | ' | 1,743,000,000 | 708,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financial and Nonfinancial Liabilities, Fair Value Disclosure | 205,101,000,000 | 185,624,000,000 | 34,106,000,000 | 33,584,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,141,000,000 | ' | ' | ' | ' | ' | 13,220,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Discount rate | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3.00% | 4.00% | ' | ' | 1.00% | ' | ' | ' | ' | ' | ' | ' | ' | 31.00% | 28.00% | ' | ' | 37.00% | ' | ' | ' | ' | ' | ' | ' | 7.00% | 10.00% | ' | 10.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair Value Inputs, Prepayment Rate | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.00% | ' | 15.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 31.00% | ' | 20.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7.00% | ' | 19.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Constant default rate | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.00% | ' | ' | ' | ' | ' | ' | 0.00% | 0.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 100.00% | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 16.00% | 5.00% | 2.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss severity | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 40.00% | ' | ' | ' | ' | ' | ' | 0.00% | 0.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 80.00% | 40.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 13.00% | 38.00% | 40.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair Value Inputs, Price | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 117 | 145 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 86 | 94 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest rate correlation | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -75.00% | -75.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 94.00% | 94.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest rate spread volatility | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 60.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Credit correlation | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 34.00% | ' | ' | ' | 34.00% | ' | ' | ' | ' | ' | ' | ' | ' | 85.00% | ' | ' | ' | 90.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Foreign exchange correlation | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.00% | ' | ' | 35.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | 75.00% | ' | ' | 75.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Equity volatility | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 20.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 55.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Commodity volatility | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 24.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 42.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
EBITDA multiple | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3.8 | 12.3 | 8 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Credit spread | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1.50% | ' | 1.15% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 8.00% | ' | 1.87% | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.70% | 1.40% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Liquidity adjustment | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.00% | 48.00% | 15.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Equity correlation | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -50.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 85.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Level 3 Inputs - Supplemental Data | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Trading assets | 383,348,000,000 | 450,028,000,000 | 42,532,000,000 | 47,872,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 900,000,000 | 66,788,000,000 | 74,983,000,000 | 18,550,000,000 | 22,233,000,000 | 29,346,000,000 | 39,205,000,000 | 5,550,000,000 | 6,617,000,000 | 2,102,000,000 | 1,735,000,000 | 3,574,000,000 | 6,489,000,000 | 13,505,000,000 | 14,142,000,000 | 2,007,000,000 | 3,051,000,000 | 12,951,000,000 | 9,266,000,000 | 6,628,000,000 | 4,921,000,000 | 8,884,000,000 | 10,635,000,000 | 791,000,000 | 1,155,000,000 |
Trading liabilities | $148,119,000,000 | $131,918,000,000 | $18,670,000,000 | $20,545,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $784,000,000 | $60,785,000,000 | $70,656,000,000 | $18,574,000,000 | $20,340,000,000 | $16,393,000,000 | $24,906,000,000 | $2,875,000,000 | $3,295,000,000 | $2,533,000,000 | $2,504,000,000 | $3,077,000,000 | $4,616,000,000 | $16,869,000,000 | $18,601,000,000 | $3,212,000,000 | $4,801,000,000 | $15,811,000,000 | $11,819,000,000 | $8,566,000,000 | $6,727,000,000 | $9,179,000,000 | $12,826,000,000 | $844,000,000 | $901,000,000 |
Fair_Value_Measurement_Changes
Fair Value Measurement - Changes in level 3 recurring measurements (Details 2) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Deposits [Member] | ' | ' | ' | ' |
Liabilities | ' | ' | ' | ' |
Beginning balance | $2,190 | $1,876 | $1,983 | $1,418 |
Total realized/unrealized (gains)/losses | -2 | 58 | -107 | 224 |
Purchases | 0 | 0 | 0 | 0 |
Sales | 0 | 0 | 0 | 0 |
Issuances | 334 | 240 | 946 | 948 |
Settlements | -26 | -88 | -183 | -320 |
Transfers into and/or out of level 3 | -296 | -113 | -439 | -297 |
Ending balance | 2,200 | 1,973 | 2,200 | 1,973 |
Change in unrealized (gains)/losses related to financial instruments held | -3 | 45 | -38 | 237 |
Other borrowed funds [Member] | ' | ' | ' | ' |
Liabilities | ' | ' | ' | ' |
Beginning balance | 2,673 | 1,107 | 1,619 | 1,507 |
Total realized/unrealized (gains)/losses | 9 | 71 | -260 | 62 |
Purchases | 0 | 0 | 0 | 0 |
Sales | 0 | 0 | 0 | 0 |
Issuances | 1,405 | 374 | 5,556 | 1,183 |
Settlements | -1,823 | -421 | -4,742 | -1,599 |
Transfers into and/or out of level 3 | 85 | 196 | 176 | 174 |
Ending balance | 2,349 | 1,327 | 2,349 | 1,327 |
Change in unrealized (gains)/losses related to financial instruments held | 64 | 156 | -192 | 118 |
Trading liabilities - Debt and equity instruments [Member] | ' | ' | ' | ' |
Liabilities | ' | ' | ' | ' |
Beginning balance | 104 | 360 | 205 | 211 |
Total realized/unrealized (gains)/losses | -6 | 8 | -74 | -9 |
Purchases | -118 | -583 | -1,977 | -1,983 |
Sales | 130 | 377 | 2,136 | 1,976 |
Issuances | 0 | 0 | 0 | 0 |
Settlements | -14 | 1 | -48 | -27 |
Transfers into and/or out of level 3 | 0 | 0 | -146 | -5 |
Ending balance | 96 | 163 | 96 | 163 |
Change in unrealized (gains)/losses related to financial instruments held | -9 | 6 | -12 | -4 |
Accounts payable and other liabilities [Member] | ' | ' | ' | ' |
Liabilities | ' | ' | ' | ' |
Beginning balance | 32 | 42 | 36 | 51 |
Total realized/unrealized (gains)/losses | 0 | 0 | 1 | 0 |
Purchases | 0 | 0 | 0 | 0 |
Sales | 0 | 0 | 0 | 0 |
Issuances | 0 | 0 | 0 | 0 |
Settlements | -3 | -4 | -8 | -13 |
Transfers into and/or out of level 3 | 0 | 0 | 0 | 0 |
Ending balance | 29 | 38 | 29 | 38 |
Change in unrealized (gains)/losses related to financial instruments held | 0 | 0 | 1 | 1 |
Beneficial interests issued by consolidated VIEs [Member] | ' | ' | ' | ' |
Liabilities | ' | ' | ' | ' |
Beginning balance | 863 | 745 | 925 | 791 |
Total realized/unrealized (gains)/losses | 71 | 88 | 96 | 135 |
Purchases | 0 | 0 | 0 | 0 |
Sales | 0 | 0 | 0 | 0 |
Issuances | 145 | 153 | 196 | 207 |
Settlements | -33 | -84 | -171 | -231 |
Transfers into and/or out of level 3 | 0 | 0 | 0 | 0 |
Ending balance | 1,046 | 902 | 1,046 | 902 |
Change in unrealized (gains)/losses related to financial instruments held | 47 | 39 | -18 | 34 |
Long-term debt | ' | ' | ' | ' |
Liabilities | ' | ' | ' | ' |
Beginning balance | 9,202 | 8,856 | 8,476 | 10,310 |
Total realized/unrealized (gains)/losses | 403 | 647 | -502 | 595 |
Purchases | 0 | 0 | 0 | 0 |
Sales | 0 | 0 | 0 | 0 |
Issuances | 1,645 | 647 | 5,378 | 2,521 |
Settlements | -1,393 | -1,666 | -2,996 | -3,832 |
Transfers into and/or out of level 3 | -45 | -12 | -544 | -1,122 |
Ending balance | 9,812 | 8,472 | 9,812 | 8,472 |
Change in unrealized (gains)/losses related to financial instruments held | 290 | 762 | -440 | 664 |
Collateralized Mortgage Backed Securities | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 2,787 | 2,098 | 2,368 | 2,640 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 279 | 66 | 606 | 49 |
Purchases | 341 | 211 | 1,607 | 525 |
Sales | -1,418 | -210 | -2,415 | -797 |
Settlements | -181 | -71 | -353 | -201 |
Transfers into and/or out of level 3 | 0 | -1 | -5 | -123 |
Fair Value, Ending Balance | 1,808 | 2,093 | 1,808 | 2,093 |
Change in unrealized gains/(losses) related to financial instruments held | 30 | 59 | 323 | 42 |
US Government Corporations and Agencies Securities [Member] | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 901 | 70 | 498 | 86 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | -21 | -10 | 119 | -31 |
Purchases | 33 | 0 | 426 | 5 |
Sales | -9 | 0 | -88 | 0 |
Settlements | -23 | 0 | -74 | 0 |
Transfers into and/or out of level 3 | 0 | 0 | 0 | 0 |
Fair Value, Ending Balance | 881 | 60 | 881 | 60 |
Change in unrealized gains/(losses) related to financial instruments held | -14 | -3 | 143 | -11 |
Residential mortgage | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 615 | 671 | 663 | 796 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 61 | 54 | 373 | 105 |
Purchases | 146 | 155 | 580 | 334 |
Sales | -185 | -168 | -925 | -426 |
Settlements | -24 | -45 | -73 | -120 |
Transfers into and/or out of level 3 | 0 | -1 | -5 | -23 |
Fair Value, Ending Balance | 613 | 666 | 613 | 666 |
Change in unrealized gains/(losses) related to financial instruments held | 43 | 36 | 185 | 67 |
Commercial mortgage | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 1,271 | 1,357 | 1,207 | 1,758 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 239 | 22 | 114 | -25 |
Purchases | 162 | 56 | 601 | 186 |
Sales | -1,224 | -42 | -1,402 | -371 |
Settlements | -134 | -26 | -206 | -81 |
Transfers into and/or out of level 3 | 0 | 0 | 0 | -100 |
Fair Value, Ending Balance | 314 | 1,367 | 314 | 1,367 |
Change in unrealized gains/(losses) related to financial instruments held | 1 | 26 | -5 | -14 |
Debt Instruments [Member] | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 22,247 | 26,585 | 23,662 | 30,910 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 760 | 589 | 1,020 | 1,086 |
Purchases | 4,847 | 3,632 | 18,426 | 12,045 |
Sales | -5,315 | -4,523 | -15,879 | -11,885 |
Settlements | -929 | -1,541 | -4,293 | -6,343 |
Transfers into and/or out of level 3 | -113 | 0 | -1,439 | -1,071 |
Fair Value, Ending Balance | 21,497 | 24,742 | 21,497 | 24,742 |
Change in unrealized gains/(losses) related to financial instruments held | 515 | 532 | 751 | 824 |
US States and Political Subdivisions Debt Securities | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 1,221 | 1,459 | 1,436 | 1,619 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | -5 | -1 | 13 | -2 |
Purchases | 419 | 6 | 472 | 335 |
Sales | -32 | -56 | -115 | -540 |
Settlements | -3 | 0 | -206 | -4 |
Transfers into and/or out of level 3 | 0 | 0 | 0 | 0 |
Fair Value, Ending Balance | 1,600 | 1,408 | 1,600 | 1,408 |
Change in unrealized gains/(losses) related to financial instruments held | 1 | 0 | 23 | -8 |
Foreign Government Debt Securities | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 136 | 70 | 67 | 104 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | -9 | -2 | 2 | 1 |
Purchases | 368 | 130 | 1,002 | 473 |
Sales | -415 | -140 | -1,097 | -500 |
Settlements | -1 | -1 | -5 | -21 |
Transfers into and/or out of level 3 | 0 | 0 | 110 | 0 |
Fair Value, Ending Balance | 79 | 57 | 79 | 57 |
Change in unrealized gains/(losses) related to financial instruments held | -6 | -4 | 1 | -3 |
Corporate Debt Securities | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 5,735 | 5,234 | 5,308 | 6,373 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | -22 | -1 | -146 | 204 |
Purchases | 584 | 1,532 | 5,762 | 5,468 |
Sales | -1,413 | -1,380 | -4,931 | -4,085 |
Settlements | -41 | -242 | -1,488 | -2,447 |
Transfers into and/or out of level 3 | 34 | -5 | 372 | -375 |
Fair Value, Ending Balance | 4,877 | 5,138 | 4,877 | 5,138 |
Change in unrealized gains/(losses) related to financial instruments held | 15 | 52 | 104 | 301 |
Trading Loans [Member] | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 10,940 | 10,915 | 10,787 | 12,209 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 515 | 392 | 384 | 687 |
Purchases | 2,873 | 1,119 | 8,281 | 3,332 |
Sales | -1,610 | -684 | -5,360 | -1,976 |
Settlements | -595 | -1,102 | -1,986 | -3,032 |
Transfers into and/or out of level 3 | -132 | 6 | -115 | -574 |
Fair Value, Ending Balance | 11,991 | 10,646 | 11,991 | 10,646 |
Change in unrealized gains/(losses) related to financial instruments held | 470 | 299 | 127 | 404 |
Asset Backed Securities Trading Account [Member] | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 1,428 | 6,809 | 3,696 | 7,965 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 2 | 135 | 161 | 147 |
Purchases | 262 | 634 | 1,302 | 1,912 |
Sales | -427 | -2,053 | -1,961 | -3,987 |
Settlements | -108 | -125 | -255 | -638 |
Transfers into and/or out of level 3 | -15 | 0 | -1,801 | 1 |
Fair Value, Ending Balance | 1,142 | 5,400 | 1,142 | 5,400 |
Change in unrealized gains/(losses) related to financial instruments held | 5 | 126 | 173 | 88 |
Total debt and equity instruments [Member] | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 24,407 | 28,776 | 25,639 | 32,967 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 860 | 625 | 1,198 | 1,199 |
Purchases | 5,298 | 3,775 | 19,207 | 12,350 |
Sales | -5,451 | -4,719 | -16,183 | -12,186 |
Settlements | -1,002 | -1,601 | -4,512 | -6,497 |
Transfers into and/or out of level 3 | -130 | 4 | -1,367 | -973 |
Fair Value, Ending Balance | 23,982 | 26,860 | 23,982 | 26,860 |
Change in unrealized gains/(losses) related to financial instruments held | 691 | 545 | 969 | 983 |
Equity securities | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 1,039 | 1,236 | 1,114 | 1,177 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 19 | -11 | 10 | -88 |
Purchases | 32 | 135 | 236 | 247 |
Sales | -54 | -147 | -202 | -204 |
Settlements | -3 | -41 | -68 | -54 |
Transfers into and/or out of level 3 | -17 | 4 | -74 | 98 |
Fair Value, Ending Balance | 1,016 | 1,176 | 1,016 | 1,176 |
Change in unrealized gains/(losses) related to financial instruments held | 105 | -27 | 3 | -44 |
Physical Commodities [Member] | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 16 | ' | 0 | ' |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 0 | ' | 0 | ' |
Purchases | 0 | ' | 0 | ' |
Sales | -8 | ' | -8 | ' |
Settlements | 0 | ' | 0 | ' |
Transfers into and/or out of level 3 | 0 | ' | 16 | ' |
Fair Value, Ending Balance | 8 | ' | 8 | ' |
Change in unrealized gains/(losses) related to financial instruments held | 0 | ' | 0 | ' |
Other Debt and Equity Instruments [Member] | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 1,105 | 955 | 863 | 880 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 81 | 47 | 168 | 201 |
Purchases | 419 | 8 | 545 | 58 |
Sales | -74 | -49 | -94 | -97 |
Settlements | -70 | -19 | -151 | -100 |
Transfers into and/or out of level 3 | 0 | 0 | 130 | 0 |
Fair Value, Ending Balance | 1,461 | 942 | 1,461 | 942 |
Change in unrealized gains/(losses) related to financial instruments held | 71 | 40 | 215 | 203 |
Total net derivative receivables [Member] | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | -416 | 4,686 | 1,893 | 6,238 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 928 | 53 | 1,746 | 802 |
Purchases | 635 | 577 | 2,025 | 1,918 |
Sales | -657 | -690 | -2,095 | -2,022 |
Settlements | -820 | -2,297 | -4,007 | -5,349 |
Transfers into and/or out of level 3 | 306 | -19 | 414 | 723 |
Fair Value, Ending Balance | -24 | 2,310 | -24 | 2,310 |
Change in unrealized gains/(losses) related to financial instruments held | -745 | -648 | -625 | -3,042 |
Interest rate contract | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 2,101 | 3,692 | 3,322 | 3,561 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 548 | 2,317 | 979 | 5,672 |
Purchases | 160 | 89 | 275 | 389 |
Sales | -68 | -82 | -193 | -180 |
Settlements | -26 | -2,311 | -1,873 | -5,366 |
Transfers into and/or out of level 3 | -40 | -14 | 165 | -385 |
Fair Value, Ending Balance | 2,675 | 3,691 | 2,675 | 3,691 |
Change in unrealized gains/(losses) related to financial instruments held | 382 | 1,295 | 155 | 1,564 |
Credit derivatives | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 921 | 4,448 | 1,873 | 7,732 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | -271 | -1,491 | -1,095 | -3,677 |
Purchases | 5 | 18 | 55 | 122 |
Sales | -11 | -38 | -12 | -81 |
Settlements | -146 | -327 | -335 | -1,487 |
Transfers into and/or out of level 3 | -1 | 0 | 11 | 1 |
Fair Value, Ending Balance | 497 | 2,610 | 497 | 2,610 |
Change in unrealized gains/(losses) related to financial instruments held | -259 | -1,395 | -1,128 | -3,098 |
Foreign exchange | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | -1,218 | -1,488 | -1,750 | -1,263 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | -122 | -263 | -77 | -768 |
Purchases | 6 | 33 | -1 | 78 |
Sales | -4 | -5 | -7 | -183 |
Settlements | 135 | -24 | 648 | 395 |
Transfers into and/or out of level 3 | -2 | -44 | -18 | -50 |
Fair Value, Ending Balance | -1,205 | -1,791 | -1,205 | -1,791 |
Change in unrealized gains/(losses) related to financial instruments held | -252 | -205 | -276 | -691 |
Equity Contract | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | -2,291 | -1,983 | -1,806 | -3,105 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 690 | -118 | 1,203 | 47 |
Purchases | 464 | 426 | 1,685 | 1,279 |
Sales | -574 | -564 | -1,880 | -1,642 |
Settlements | -535 | 52 | -1,345 | 151 |
Transfers into and/or out of level 3 | 308 | -10 | 205 | 1,073 |
Fair Value, Ending Balance | -1,938 | -2,197 | -1,938 | -2,197 |
Change in unrealized gains/(losses) related to financial instruments held | -572 | -180 | 499 | -537 |
Commodity Contract | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 71 | 17 | 254 | -687 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 83 | -392 | 736 | -472 |
Purchases | 0 | 11 | 11 | 50 |
Sales | 0 | -1 | -3 | 64 |
Settlements | -248 | 313 | -1,102 | 958 |
Transfers into and/or out of level 3 | 41 | 49 | 51 | 84 |
Fair Value, Ending Balance | -53 | -3 | -53 | -3 |
Change in unrealized gains/(losses) related to financial instruments held | -44 | -163 | 125 | -280 |
Available-for-sale Securities | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 1,949 | 26,314 | 28,916 | 25,486 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 18 | 83 | 3 | -81 |
Total realized/ unrealized gains/(losses) | 10 | 169 | 6 | -135 |
Purchases | 540 | 1,740 | 947 | 5,171 |
Sales | -4 | -24 | -17 | -1,284 |
Settlements | -19 | -821 | -116 | -1,976 |
Transfers into and/or out of level 3 | 30 | 0 | -27,230 | 116 |
Fair Value, Ending Balance | 2,506 | 27,378 | 2,506 | 27,378 |
Change in unrealized gains/(losses) related to financial instruments held | 10 | 168 | 20 | -175 |
Asset backed Security Available for Sale [Member] | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 1,125 | 25,692 | 28,024 | 24,958 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 2 | 168 | 7 | -168 |
Purchases | 179 | 1,334 | 579 | 4,504 |
Sales | 0 | -24 | 0 | -1,171 |
Settlements | -13 | -811 | -57 | -1,880 |
Transfers into and/or out of level 3 | 0 | 0 | -27,260 | 116 |
Fair Value, Ending Balance | 1,293 | 26,359 | 1,293 | 26,359 |
Change in unrealized gains/(losses) related to financial instruments held | 2 | 167 | 7 | -183 |
Other Available For Sale Securities [Member] | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 824 | 622 | 892 | 528 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 8 | 1 | -1 | 33 |
Purchases | 361 | 406 | 368 | 667 |
Sales | -4 | 0 | -17 | -113 |
Settlements | -6 | -10 | -59 | -96 |
Transfers into and/or out of level 3 | 30 | 0 | 30 | 0 |
Fair Value, Ending Balance | 1,213 | 1,019 | 1,213 | 1,019 |
Change in unrealized gains/(losses) related to financial instruments held | 8 | 1 | 13 | 8 |
Loans [Member] | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 1,843 | 2,520 | 2,282 | 1,647 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 78 | 110 | 49 | 686 |
Purchases | 286 | 494 | 614 | 1,201 |
Sales | -86 | 0 | -142 | 0 |
Settlements | -116 | -854 | -798 | -1,345 |
Transfers into and/or out of level 3 | 0 | 63 | 0 | 144 |
Fair Value, Ending Balance | 2,005 | 2,333 | 2,005 | 2,333 |
Change in unrealized gains/(losses) related to financial instruments held | 63 | 101 | -47 | 678 |
Mortgage servicing rights [Member] | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 9,335 | 7,118 | 7,614 | 7,223 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | ' | -329 | 1,254 | -852 |
Purchases | 534 | 606 | 1,873 | 1,705 |
Sales | 0 | -23 | -418 | -23 |
Settlements | -286 | -292 | -833 | -973 |
Transfers into and/or out of level 3 | 0 | 0 | 0 | 0 |
Fair Value, Ending Balance | 9,490 | 7,080 | 9,490 | 7,080 |
Change in unrealized gains/(losses) related to financial instruments held | -93 | -329 | 1,254 | -852 |
Private Equity Funds [Member] | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 7,105 | 6,702 | 7,181 | 6,751 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 469 | 23 | 634 | 310 |
Purchases | 419 | 762 | 622 | 1,221 |
Sales | -161 | -93 | -264 | -335 |
Settlements | -14 | -290 | -355 | -797 |
Transfers into and/or out of level 3 | 0 | 0 | 0 | -46 |
Fair Value, Ending Balance | 7,818 | 7,104 | 7,818 | 7,104 |
Change in unrealized gains/(losses) related to financial instruments held | 521 | -77 | 322 | 348 |
All other assets [Member] | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Beginning balance | 3,680 | 4,448 | 4,258 | 4,374 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 6 | 7 | -19 | -216 |
Purchases | 42 | 90 | 177 | 722 |
Sales | -27 | -53 | -322 | -145 |
Settlements | -153 | -129 | -546 | -372 |
Transfers into and/or out of level 3 | 0 | 0 | 0 | 0 |
Fair Value, Ending Balance | 3,548 | 4,363 | 3,548 | 4,363 |
Change in unrealized gains/(losses) related to financial instruments held | -4 | 6 | -55 | -215 |
Fair Value, Measurements, Recurring [Member] | Total net derivative receivables [Member] | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | ' | ' | ' | 802 |
Fair Value, Measurements, Recurring [Member] | Interest rate contract | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | ' | ' | ' | 5,700 |
Fair Value, Measurements, Recurring [Member] | Credit derivatives | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | ' | ' | ' | 3,700 |
Fair Value, Measurements, Recurring [Member] | Mortgage servicing rights [Member] | ' | ' | ' | ' |
Assets | ' | ' | ' | ' |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | ($93) | ' | ' | ' |
Fair_Value_Measurement_Changes1
Fair Value Measurement - Changes in Level 3, Supplemental Caption Data (Details 2a) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
In Millions, unless otherwise specified | Available-for-sale Securities | Available-for-sale Securities | Available-for-sale Securities | Available-for-sale Securities | ||
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' | ' |
Level Three Liabilities As Percentage Of Total Firm Liabilities At Fair Value | 17.00% | 18.00% | ' | ' | ' | ' |
Realized gains and losses recorded in income on AFS securities | ' | ' | $18 | $83 | $3 | ($81) |
Unrealized gains and losses recorded in OCI on AFS securities | ' | ' | ($8) | $86 | $3 | ($54) |
Fair_Value_Measurement_Level_31
Fair Value Measurement - Level 3 Analysis (Details 3) (USD $) | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 |
In Millions, unless otherwise specified | Asset Backed Securities Trading Account [Member] | Asset Backed Securities Trading Account [Member] | Asset Backed Securities Trading Account [Member] | Asset Backed Securities Trading Account [Member] | Derivative Receivables Net Of Payables [ Member] | Derivative Receivables Net Of Payables [ Member] | Derivative Receivables Net Of Payables [ Member] | Derivative Receivables Net Of Payables [ Member] | Derivative Receivables Net Of Payables [ Member] | Mortgage servicing rights [Member] | Mortgage servicing rights [Member] | Mortgage servicing rights [Member] | Trading Loans [Member] | Trading Loans [Member] | Trading Loans [Member] | Trading Loans [Member] | Trading Loans [Member] | Assets [Member] | Liability [Member] | Debt and Equity Instruments [Member] | Debt and Equity Instruments [Member] | Debt and Equity Instruments [Member] | Debt and Equity Instruments [Member] | Asset backed Security Available for Sale [Member] | Asset backed Security Available for Sale [Member] | Asset backed Security Available for Sale [Member] | Asset backed Security Available for Sale [Member] | Credit derivatives | Credit derivatives | Credit derivatives | Credit derivatives | Equity Contract | Equity Contract | Equity Contract | Equity Contract | Interest Rate Contract [Member] | Interest Rate Contract [Member] | Interest Rate Contract [Member] | Interest Rate Contract [Member] | Foreign exchange contract | Foreign exchange contract | Foreign exchange contract | Foreign exchange contract | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Measurements, Recurring [Member] | Debt and Equity Instruments [Member] | |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Inputs, Level 3 [Member] | Derivative Receivables Net Of Payables [ Member] | Derivative Receivables Net Of Payables [ Member] | Mortgage servicing rights [Member] | Credit derivatives | Equity Contract | Interest Rate Contract [Member] | Fair Value, Measurements, Recurring [Member] | |||||||||||||||||||||||||||||||||||||||||||||
Level 3 Analysis | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of Level 3 Assets To Total Assets | 2.80% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Assets, Fair Value Disclosure, Recurring | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $794,560 | $882,235 | $67,899 | $67,899 | $98,123 | ' | ' | ' | ' | ' | ' | ' |
Increase (Decrease) In Level 3 Assets | ' | ' | ' | -2,600 | ' | ' | ' | ' | ' | -3,700 | ' | 1,900 | ' | ' | ' | ' | ' | 1,200 | ' | ' | ' | ' | ' | ' | ' | ' | -26,700 | ' | ' | ' | -2,900 | ' | ' | ' | 1,700 | ' | ' | ' | -1,100 | ' | ' | ' | -1,000 | ' | ' | ' | 2,200 | -30,200 | ' | 1,100 | ' | ' | ' | 1,600 | ' | -425 |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | ' | $2 | $135 | $161 | $147 | $928 | $53 | $1,746 | $802 | ' | ($329) | $1,254 | ($852) | $515 | $392 | $384 | $687 | ' | $2,300 | ($475) | $860 | $625 | $1,198 | $1,199 | $2 | $168 | $7 | ($168) | ($271) | ($1,491) | ($1,095) | ($3,677) | $690 | ($118) | $1,203 | $47 | $548 | $2,317 | $979 | $5,672 | ($122) | ($263) | ($77) | ($768) | ' | ' | ' | ' | ' | ' | $802 | ($93) | $3,700 | ' | $5,700 | ' |
Fair_Value_Measurement_Credit_
Fair Value Measurement - Credit Adjustments Reflected on Balance Sheet (Details 4) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Credit adjustments | ' | ' |
Derivative receivables balance | $66,788 | $74,983 |
Derivative Credit Risk Valuation Adjustment, Derivative Assets | -2,993 | -4,238 |
Derivative Liability | 60,785 | 70,656 |
Derivative payables | -863 | -830 |
Structured Notes Balance Net Of DVA | 49,148 | 48,112 |
Debit Valuation Adjustment | ' | ' |
Credit adjustments | ' | ' |
Derivative payables | -1,763 | -1,712 |
Plain Vanilla Financial Instruments [Member] | ' | ' |
Credit adjustments | ' | ' |
Structured Notes Balance Net Of DVA | $541 | $1,100 |
Fair_Value_Measurement_Impact_
Fair Value Measurement - Impact of Credit Adjustments (Details 5) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Impact of credit adjustments on earnings | ' | ' | ' | ' |
Structured note credit adjustments | ($163) | ($166) | $29 | ($670) |
Credit Valuation Adjustment [Member] | ' | ' | ' | ' |
Impact of credit adjustments on earnings | ' | ' | ' | ' |
Derivative credit adjustments | 364 | 1,213 | 1,245 | 2,264 |
Debit Valuation Adjustment | ' | ' | ' | ' |
Impact of credit adjustments on earnings | ' | ' | ' | ' |
Derivative credit adjustments | -66 | -219 | 33 | -318 |
Structured note credit adjustments | ($331) | $8 | $51 | ($45) |
Fair_Value_Measurement_Nonrecu
Fair Value Measurement - Nonrecurring Basis (Details 6) (USD $) | 3 Months Ended | 9 Months Ended | 0 Months Ended | |||||||||||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 |
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Residential Mortgage [Member] | Minimum | Maximum | Weighted Average [Member] | |||||
Level 2 [Member] | Level 2 [Member] | Level 3 [Member] | Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Broker Price Opinion Valuation Technique [Member] | Broker Price Opinion Valuation Technique [Member] | Broker Price Opinion Valuation Technique [Member] | |||||||
Level 3 [Member] | Residential Mortgage [Member] | Residential Mortgage [Member] | Residential Mortgage [Member] | |||||||||||
Assets and liabilities measured at fair value on a nonrecurring basis | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total assets at fair value on a nonrecurring basis | ' | ' | ' | ' | $2,200 | $5,100 | $161 | $667 | $2,000 | $4,400 | $1,500 | ' | ' | ' |
Fair Value Inputs, Liquidation Value Discount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 18.00% | 59.00% | 29.00% |
Fair Value, Option, Changes in Fair Value, Gain (Loss) | ($215) | ($1,100) | ($600) | ($1,900) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair_Value_Measurement_Carryin
Fair Value Measurement - Carrying Value and Estimated Fair Value (Details 7) (USD $) | 3 Months Ended | 9 Months Ended | ||||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | |
Financial assets | ' | ' | ' | ' | ' | ' |
Cash and due from banks | $30,664,000,000 | $53,343,000,000 | $30,664,000,000 | $53,343,000,000 | $53,723,000,000 | $59,602,000,000 |
Deposits with banks | 371,445,000,000 | ' | 371,445,000,000 | ' | 121,814,000,000 | ' |
Federal funds sold and securities purchased under resale agreements (included $25,703 and $24,258 at fair value) | 235,916,000,000 | ' | 235,916,000,000 | ' | 296,296,000,000 | ' |
Held-to-maturity Securities, Fair Value | 4,594,000,000 | ' | 4,594,000,000 | ' | 8,000,000 | ' |
Financial liabilities | ' | ' | ' | ' | ' | ' |
Commercial paper | 53,741,000,000 | ' | 53,741,000,000 | ' | 55,367,000,000 | ' |
Other Short-term Borrowings | 30,436,000,000 | ' | 30,436,000,000 | ' | 26,636,000,000 | ' |
Beneficial interest liability, at fair value | 48,858,000,000 | ' | 48,858,000,000 | ' | 63,191,000,000 | ' |
Trading assets and liabilities average balances Abstract | ' | ' | ' | ' | ' | ' |
Trading assets - debt and equity instruments | 315,575,000,000 | 331,399,000,000 | 347,649,000,000 | 344,433,000,000 | ' | ' |
Trading assets - derivative receivables | 71,657,000,000 | 85,303,000,000 | 73,950,000,000 | 88,353,000,000 | ' | ' |
Trading liabilities - debt and equity instruments | 83,306,000,000 | 68,467,000,000 | 76,541,000,000 | 69,069,000,000 | ' | ' |
Trading liabilities - derivative payables | 63,378,000,000 | 77,851,000,000 | 66,083,000,000 | 77,543,000,000 | ' | ' |
Carrying value | ' | ' | ' | ' | ' | ' |
Financial assets | ' | ' | ' | ' | ' | ' |
Cash and due from banks | 30,700,000,000 | ' | 30,700,000,000 | ' | 53,700,000,000 | ' |
Deposits with banks | 371,400,000,000 | ' | 371,400,000,000 | ' | 121,800,000,000 | ' |
Accrued interest and accounts receivable | 66,300,000,000 | ' | 66,300,000,000 | ' | 60,900,000,000 | ' |
Federal funds sold and securities purchased under resale agreements (included $25,703 and $24,258 at fair value) | 210,200,000,000 | ' | 210,200,000,000 | ' | 272,000,000,000 | ' |
Securities borrowed | 117,000,000,000 | ' | 117,000,000,000 | ' | 108,800,000,000 | ' |
Held-to-maturity Securities, Fair Value | 4,500,000,000 | ' | 4,500,000,000 | ' | 0 | ' |
Loans, at fair value | 709,000,000,000 | ' | 709,000,000,000 | ' | 709,300,000,000 | ' |
Total other assets | 55,600,000,000 | ' | 55,600,000,000 | ' | 49,700,000,000 | ' |
Financial liabilities | ' | ' | ' | ' | ' | ' |
Deposits | 1,274,300,000,000 | ' | 1,274,300,000,000 | ' | 1,187,900,000,000 | ' |
Federal funds purchased and securities loaned or sold under repurchase agreements (included $9.5 and $4.1 at fair value) | 212,700,000,000 | ' | 212,700,000,000 | ' | 235,700,000,000 | ' |
Commercial paper | 53,700,000,000 | ' | 53,700,000,000 | ' | 55,400,000,000 | ' |
Other Short-term Borrowings | 17,800,000,000 | ' | 17,800,000,000 | ' | 15,000,000,000 | ' |
Accounts payable and other liabilities | 169,300,000,000 | ' | 169,300,000,000 | ' | 156,500,000,000 | ' |
Beneficial interest liability, at fair value | 47,000,000,000 | ' | 47,000,000,000 | ' | 62,000,000,000 | ' |
Long-term debt and junior subordinated deferrable interest debentures | 233,600,000,000 | ' | 233,600,000,000 | ' | 218,200,000,000 | ' |
Wholesale lending related commitments | 700,000,000 | ' | 700,000,000 | ' | 700,000,000 | ' |
Estimate of Fair Value | ' | ' | ' | ' | ' | ' |
Financial assets | ' | ' | ' | ' | ' | ' |
Cash and due from banks | 30,700,000,000 | ' | 30,700,000,000 | ' | 53,700,000,000 | ' |
Deposits with banks | 371,400,000,000 | ' | 371,400,000,000 | ' | 121,800,000,000 | ' |
Accrued interest and accounts receivable | 66,300,000,000 | ' | 66,300,000,000 | ' | 60,900,000,000 | ' |
Federal funds sold and securities purchased under resale agreements (included $25,703 and $24,258 at fair value) | 210,200,000,000 | ' | 210,200,000,000 | ' | 272,000,000,000 | ' |
Securities borrowed | 117,000,000,000 | ' | 117,000,000,000 | ' | 108,800,000,000 | ' |
Held-to-maturity Securities, Fair Value | 4,600,000,000 | ' | 4,600,000,000 | ' | 0 | ' |
Loans, at fair value | 710,600,000,000 | ' | 710,600,000,000 | ' | 711,800,000,000 | ' |
Total other assets | 56,400,000,000 | ' | 56,400,000,000 | ' | 50,100,000,000 | ' |
Financial liabilities | ' | ' | ' | ' | ' | ' |
Deposits | 1,274,600,000,000 | ' | 1,274,600,000,000 | ' | 1,188,400,000,000 | ' |
Federal funds purchased and securities loaned or sold under repurchase agreements (included $9.5 and $4.1 at fair value) | 212,700,000,000 | ' | 212,700,000,000 | ' | 235,700,000,000 | ' |
Commercial paper | 53,700,000,000 | ' | 53,700,000,000 | ' | 55,400,000,000 | ' |
Other Short-term Borrowings | 17,800,000,000 | ' | 17,800,000,000 | ' | 15,000,000,000 | ' |
Accounts payable and other liabilities | 169,200,000,000 | ' | 169,200,000,000 | ' | 156,300,000,000 | ' |
Beneficial interest liability, at fair value | 46,900,000,000 | ' | 46,900,000,000 | ' | 62,100,000,000 | ' |
Long-term debt and junior subordinated deferrable interest debentures | 240,500,000,000 | ' | 240,500,000,000 | ' | 225,400,000,000 | ' |
Wholesale lending related commitments | 1,300,000,000 | ' | 1,300,000,000 | ' | 1,900,000,000 | ' |
Estimate of Fair Value | EstimateOfFairValueLevel1Inputs [Member] | ' | ' | ' | ' | ' | ' |
Financial assets | ' | ' | ' | ' | ' | ' |
Cash and due from banks | 30,700,000,000 | ' | 30,700,000,000 | ' | 53,700,000,000 | ' |
Deposits with banks | 364,100,000,000 | ' | 364,100,000,000 | ' | 114,100,000,000 | ' |
Accrued interest and accounts receivable | 0 | ' | 0 | ' | 0 | ' |
Federal funds sold and securities purchased under resale agreements (included $25,703 and $24,258 at fair value) | 0 | ' | 0 | ' | 0 | ' |
Securities borrowed | 0 | ' | 0 | ' | 0 | ' |
Held-to-maturity Securities, Fair Value | 0 | ' | 0 | ' | 0 | ' |
Loans, at fair value | 0 | ' | 0 | ' | 0 | ' |
Total other assets | 0 | ' | 0 | ' | 0 | ' |
Financial liabilities | ' | ' | ' | ' | ' | ' |
Deposits | 0 | ' | 0 | ' | 0 | ' |
Federal funds purchased and securities loaned or sold under repurchase agreements (included $9.5 and $4.1 at fair value) | 0 | ' | 0 | ' | 0 | ' |
Commercial paper | 0 | ' | 0 | ' | 0 | ' |
Other Short-term Borrowings | 0 | ' | 0 | ' | 0 | ' |
Accounts payable and other liabilities | 0 | ' | 0 | ' | 0 | ' |
Beneficial interest liability, at fair value | 0 | ' | 0 | ' | 0 | ' |
Long-term debt and junior subordinated deferrable interest debentures | 0 | ' | 0 | ' | 0 | ' |
Wholesale lending related commitments | 0 | ' | 0 | ' | 0 | ' |
Estimate of Fair Value | Estimate of Fair Value, Level 2 Inputs [Member] | ' | ' | ' | ' | ' | ' |
Financial assets | ' | ' | ' | ' | ' | ' |
Cash and due from banks | 0 | ' | 0 | ' | 0 | ' |
Deposits with banks | 7,300,000,000 | ' | 7,300,000,000 | ' | 7,700,000,000 | ' |
Accrued interest and accounts receivable | 66,000,000,000 | ' | 66,000,000,000 | ' | 60,300,000,000 | ' |
Federal funds sold and securities purchased under resale agreements (included $25,703 and $24,258 at fair value) | 210,200,000,000 | ' | 210,200,000,000 | ' | 272,000,000,000 | ' |
Securities borrowed | 117,000,000,000 | ' | 117,000,000,000 | ' | 108,800,000,000 | ' |
Held-to-maturity Securities, Fair Value | 4,600,000,000 | ' | 4,600,000,000 | ' | 0 | ' |
Loans, at fair value | 19,000,000,000 | ' | 19,000,000,000 | ' | 26,400,000,000 | ' |
Total other assets | 51,800,000,000 | ' | 51,800,000,000 | ' | 42,700,000,000 | ' |
Financial liabilities | ' | ' | ' | ' | ' | ' |
Deposits | 1,273,400,000,000 | ' | 1,273,400,000,000 | ' | 1,187,200,000,000 | ' |
Federal funds purchased and securities loaned or sold under repurchase agreements (included $9.5 and $4.1 at fair value) | 212,700,000,000 | ' | 212,700,000,000 | ' | 235,700,000,000 | ' |
Commercial paper | 53,700,000,000 | ' | 53,700,000,000 | ' | 55,400,000,000 | ' |
Other Short-term Borrowings | 17,800,000,000 | ' | 17,800,000,000 | ' | 15,000,000,000 | ' |
Accounts payable and other liabilities | 167,700,000,000 | ' | 167,700,000,000 | ' | 153,800,000,000 | ' |
Beneficial interest liability, at fair value | 43,600,000,000 | ' | 43,600,000,000 | ' | 57,700,000,000 | ' |
Long-term debt and junior subordinated deferrable interest debentures | 234,700,000,000 | ' | 234,700,000,000 | ' | 220,000,000,000 | ' |
Wholesale lending related commitments | 0 | ' | 0 | ' | 0 | ' |
Estimate of Fair Value | Estimate of Fair Value, Level 3 Inputs [Member] | ' | ' | ' | ' | ' | ' |
Financial assets | ' | ' | ' | ' | ' | ' |
Cash and due from banks | 0 | ' | 0 | ' | 0 | ' |
Deposits with banks | 0 | ' | 0 | ' | 0 | ' |
Accrued interest and accounts receivable | 300,000,000 | ' | 300,000,000 | ' | 600,000,000 | ' |
Federal funds sold and securities purchased under resale agreements (included $25,703 and $24,258 at fair value) | 0 | ' | 0 | ' | 0 | ' |
Securities borrowed | 0 | ' | 0 | ' | 0 | ' |
Held-to-maturity Securities, Fair Value | 0 | ' | 0 | ' | 0 | ' |
Loans, at fair value | 691,600,000,000 | ' | 691,600,000,000 | ' | 685,400,000,000 | ' |
Total other assets | 4,600,000,000 | ' | 4,600,000,000 | ' | 7,400,000,000 | ' |
Financial liabilities | ' | ' | ' | ' | ' | ' |
Deposits | 1,200,000,000 | ' | 1,200,000,000 | ' | 1,200,000,000 | ' |
Federal funds purchased and securities loaned or sold under repurchase agreements (included $9.5 and $4.1 at fair value) | 0 | ' | 0 | ' | 0 | ' |
Commercial paper | 0 | ' | 0 | ' | 0 | ' |
Other Short-term Borrowings | 0 | ' | 0 | ' | 0 | ' |
Accounts payable and other liabilities | 1,500,000,000 | ' | 1,500,000,000 | ' | 2,500,000,000 | ' |
Beneficial interest liability, at fair value | 3,300,000,000 | ' | 3,300,000,000 | ' | 4,400,000,000 | ' |
Long-term debt and junior subordinated deferrable interest debentures | 5,800,000,000 | ' | 5,800,000,000 | ' | 5,400,000,000 | ' |
Wholesale lending related commitments | $1,300,000,000 | ' | $1,300,000,000 | ' | $1,900,000,000 | ' |
Fair_Value_Option_Details
Fair Value Option (Details) (USD $) | 3 Months Ended | 9 Months Ended | |||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | $48,607 | ' | $48,607 | ' | $47,012 |
Changes in fair value under the fair value option election | ' | ' | ' | ' | ' |
Federal funds sold and securities purchased under resale agreements | 11 | 72 | -347 | 245 | ' |
Securities borrowed | -7 | 10 | 11 | 24 | ' |
Trading assets: | ' | ' | ' | ' | ' |
Debt and equity instruments, excluding loans | 138 | 159 | 387 | 500 | ' |
Loans reported as trading assets: | ' | ' | ' | ' | ' |
Changes in instrument-specific credit risk | 301 | 438 | 878 | 1,276 | ' |
Other changes in fair value | 263 | 2,330 | 1,390 | 5,515 | ' |
Loans: | ' | ' | ' | ' | ' |
Changes in instrument-specific credit risk | 22 | 4 | 16 | -10 | ' |
Other changes in fair value | -10 | 99 | 11 | 674 | ' |
Other assets | -36 | -26 | -104 | -289 | ' |
Deposits | -150 | -95 | 147 | -256 | ' |
Federal funds purchased and securities loaned or sold under repurchase agreements | 8 | -16 | 53 | -43 | ' |
Other borrowed funds | -112 | -454 | 268 | 393 | ' |
Trading liabilities | -9 | -35 | -41 | -23 | ' |
Beneficial interests issued by consolidated VIEs | -85 | -9 | -182 | -39 | ' |
Other liabilities | 0 | 0 | -1 | 0 | ' |
Long-term debt: | ' | ' | ' | ' | ' |
Changes in instrument-specific credit risk related to structured notes | -163 | -166 | 29 | -670 | ' |
Other changes in fair value | 502 | -565 | 1,471 | -957 | ' |
Other Guarantees and Commitments | ' | ' | ' | ' | ' |
Fair Value Option - Supplemental Information | ' | ' | ' | ' | ' |
Guarantor Obligations, Maximum Exposure, Undiscounted | 6,783 | ' | 6,783 | ' | 6,780 |
Guarantor Obligations, Current Carrying Value | 103 | ' | 103 | ' | 75 |
Principal transactions | ' | ' | ' | ' | ' |
Changes in fair value under the fair value option election | ' | ' | ' | ' | ' |
Federal funds sold and securities purchased under resale agreements | 11 | 72 | -347 | 245 | ' |
Securities borrowed | -7 | 10 | 11 | 24 | ' |
Trading assets: | ' | ' | ' | ' | ' |
Debt and equity instruments, excluding loans | 138 | 157 | 380 | 495 | ' |
Loans reported as trading assets: | ' | ' | ' | ' | ' |
Changes in instrument-specific credit risk | 316 | 416 | 855 | 1,225 | ' |
Other changes in fair value | -19 | 46 | -97 | -128 | ' |
Loans: | ' | ' | ' | ' | ' |
Changes in instrument-specific credit risk | 22 | 4 | 16 | -10 | ' |
Other changes in fair value | -10 | 99 | 11 | 674 | ' |
Other assets | 6 | 2 | 27 | 2 | ' |
Deposits | -150 | -95 | 147 | -256 | ' |
Federal funds purchased and securities loaned or sold under repurchase agreements | 8 | -16 | 53 | -43 | ' |
Other borrowed funds | -112 | -454 | 268 | 393 | ' |
Trading liabilities | -9 | -35 | -41 | -23 | ' |
Beneficial interests issued by consolidated VIEs | -85 | -9 | -182 | -39 | ' |
Other liabilities | 0 | 0 | 0 | 0 | ' |
Long-term debt: | ' | ' | ' | ' | ' |
Changes in instrument-specific credit risk related to structured notes | -163 | -166 | 29 | -670 | ' |
Other changes in fair value | 502 | -565 | 1,471 | -957 | ' |
Other income | ' | ' | ' | ' | ' |
Changes in fair value under the fair value option election | ' | ' | ' | ' | ' |
Federal funds sold and securities purchased under resale agreements | 0 | 0 | 0 | 0 | ' |
Securities borrowed | 0 | 0 | 0 | 0 | ' |
Trading assets: | ' | ' | ' | ' | ' |
Debt and equity instruments, excluding loans | 0 | 2 | 7 | 5 | ' |
Loans reported as trading assets: | ' | ' | ' | ' | ' |
Changes in instrument-specific credit risk | -15 | 22 | 23 | 51 | ' |
Other changes in fair value | 282 | 2,284 | 1,487 | 5,643 | ' |
Loans: | ' | ' | ' | ' | ' |
Changes in instrument-specific credit risk | 0 | 0 | 0 | 0 | ' |
Other changes in fair value | 0 | 0 | 0 | 0 | ' |
Other assets | -42 | -28 | -131 | -291 | ' |
Deposits | 0 | 0 | 0 | 0 | ' |
Federal funds purchased and securities loaned or sold under repurchase agreements | 0 | 0 | 0 | 0 | ' |
Other borrowed funds | 0 | 0 | 0 | 0 | ' |
Trading liabilities | 0 | 0 | 0 | 0 | ' |
Beneficial interests issued by consolidated VIEs | 0 | 0 | 0 | 0 | ' |
Other liabilities | 0 | 0 | -1 | 0 | ' |
Long-term debt: | ' | ' | ' | ' | ' |
Changes in instrument-specific credit risk related to structured notes | 0 | 0 | 0 | 0 | ' |
Other changes in fair value | 0 | 0 | 0 | 0 | ' |
Letters of Credit Hedged by Derivative Transactions | Other Guarantees and Commitments | ' | ' | ' | ' | ' |
Fair Value Option - Supplemental Information | ' | ' | ' | ' | ' |
Guarantor Obligations, Maximum Exposure, Undiscounted | 4,600 | ' | 4,600 | ' | 4,500 |
Guarantor Obligations, Current Carrying Value | -103 | ' | -103 | ' | -75 |
Debit Valuation Adjustment | ' | ' | ' | ' | ' |
Long-term debt: | ' | ' | ' | ' | ' |
Changes in instrument-specific credit risk related to structured notes | -331 | 8 | 51 | -45 | ' |
Interest Rate Risk [Member] | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 11,302 | ' | 11,302 | ' | 10,371 |
Credit Risk [Member] | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 4,497 | ' | 4,497 | ' | 6,166 |
Foreign exchange | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 2,629 | ' | 2,629 | ' | 2,848 |
Equity [Member] | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 27,024 | ' | 27,024 | ' | 24,361 |
Commodity | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 3,155 | ' | 3,155 | ' | 3,266 |
Long-term debt | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 29,628 | ' | 29,628 | ' | 30,613 |
Long-term debt | Interest Rate Risk [Member] | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 9,735 | ' | 9,735 | ' | 8,669 |
Long-term debt | Credit Risk [Member] | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 4,479 | ' | 4,479 | ' | 6,166 |
Long-term debt | Foreign exchange | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 2,467 | ' | 2,467 | ' | 2,819 |
Long-term debt | Equity [Member] | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 11,744 | ' | 11,744 | ' | 11,580 |
Long-term debt | Commodity | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 1,203 | ' | 1,203 | ' | 1,379 |
Other Borrowed Funds Line Item [Member] | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 12,197 | ' | 12,197 | ' | 11,284 |
Other Borrowed Funds Line Item [Member] | Interest Rate Risk [Member] | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 160 | ' | 160 | ' | 1,143 |
Other Borrowed Funds Line Item [Member] | Credit Risk [Member] | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 18 | ' | 18 | ' | 0 |
Other Borrowed Funds Line Item [Member] | Foreign exchange | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 140 | ' | 140 | ' | 0 |
Other Borrowed Funds Line Item [Member] | Equity [Member] | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 11,524 | ' | 11,524 | ' | 9,809 |
Other Borrowed Funds Line Item [Member] | Commodity | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 355 | ' | 355 | ' | 332 |
Deposits [Member] | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 6,782 | ' | 6,782 | ' | 5,115 |
Deposits [Member] | Interest Rate Risk [Member] | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 1,407 | ' | 1,407 | ' | 559 |
Deposits [Member] | Credit Risk [Member] | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 0 | ' | 0 | ' | 0 |
Deposits [Member] | Foreign exchange | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 22 | ' | 22 | ' | 29 |
Deposits [Member] | Equity [Member] | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | 3,756 | ' | 3,756 | ' | 2,972 |
Deposits [Member] | Commodity | ' | ' | ' | ' | ' |
Fair Value, Option, Quantitative Disclosures | ' | ' | ' | ' | ' |
Structured Notes Balance Under Fair Value Option | $1,597 | ' | $1,597 | ' | $1,555 |
Fair_Value_Option_Aggregate_Di
Fair Value Option - Aggregate Differences (Details 1) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Long-term debt | ' | ' |
Long-term debt | $263,372 | $249,024 |
Carrying value | ' | ' |
Loans | ' | ' |
Nonaccrual loans | 5,097 | 4,333 |
Total loans | 43,987 | 50,628 |
Carrying value | Trading assets | ' | ' |
Loans | ' | ' |
Nonaccrual loans | 5,007 | 4,217 |
All other performing loans | 37,088 | 44,084 |
Carrying value | Total loans | ' | ' |
Loans | ' | ' |
Nonaccrual loans | 90 | 116 |
All other performing loans | 1,802 | 2,211 |
Carrying value | Principal Protected Debt | ' | ' |
Long-term debt | ' | ' |
Long-term debt | 16,076 | 16,541 |
Fair value | ' | ' |
Loans | ' | ' |
Nonaccrual loans | 1,313 | 1,024 |
Total loans | 36,725 | 43,704 |
Long-term debt | ' | ' |
Long-term debt | 29,763 | 30,788 |
Long-term beneficial interests | ' | ' |
Total long-term beneficial interests | 1,822 | 1,170 |
Fair value | Trading assets | ' | ' |
Loans | ' | ' |
Nonaccrual loans | 1,267 | 960 |
All other performing loans | 33,697 | 40,581 |
Fair value | Total loans | ' | ' |
Loans | ' | ' |
Nonaccrual loans | 46 | 64 |
All other performing loans | 1,715 | 2,099 |
Fair value | Principal Protected Debt | ' | ' |
Long-term debt | ' | ' |
Long-term debt | 16,499 | 16,391 |
Fair value | Non Principal Protected Debt | ' | ' |
Long-term debt | ' | ' |
Long-term debt | 13,264 | 14,397 |
Long-term beneficial interests | ' | ' |
Total long-term beneficial interests | 1,822 | 1,170 |
Change During Period, Fair Value Disclosure | ' | ' |
Loans | ' | ' |
Nonaccrual loans | -3,784 | -3,309 |
Total loans | -7,262 | -6,924 |
Change During Period, Fair Value Disclosure | Trading assets | ' | ' |
Loans | ' | ' |
Nonaccrual loans | -3,740 | -3,257 |
All other performing loans | -3,391 | -3,503 |
Change During Period, Fair Value Disclosure | Total loans | ' | ' |
Loans | ' | ' |
Nonaccrual loans | -44 | -52 |
All other performing loans | -87 | -112 |
Change During Period, Fair Value Disclosure | Principal Protected Debt | ' | ' |
Long-term debt | ' | ' |
Long-term debt | $423 | ($150) |
Derivative_Instruments_Details
Derivative Instruments (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Jul. 02, 2012 |
In Billions, unless otherwise specified | Interest rate contract | Interest rate contract | Credit derivatives | Credit derivatives | Foreign exchange | Foreign exchange | Equity | Equity | Commodity | Commodity | Swap | Swap | Swap | Swap | Swap | Swap | Future and forwards | Future and forwards | Future and forwards | Future and forwards | Written options | Written options | Written options | Written options | Written options | Written options | Written options | Written options | Purchased options | Purchased options | Purchased options | Purchased options | Purchased options | Purchased options | Purchased options | Purchased options | Cross-currency swaps | Cross-currency swaps | Spot futures and forwards | Spot futures and forwards | Spot futures and forwards | Spot futures and forwards | Chief Investment Office | ||
Interest rate contract | Interest rate contract | Equity | Equity | Commodity | Commodity | Interest rate contract | Interest rate contract | Equity | Equity | Interest rate contract | Interest rate contract | Foreign exchange | Foreign exchange | Equity | Equity | Commodity | Commodity | Interest rate contract | Interest rate contract | Foreign exchange | Foreign exchange | Equity | Equity | Commodity | Commodity | Foreign exchange | Foreign exchange | Foreign exchange | Foreign exchange | Commodity | Commodity | Synthetic Credit Derivatives | |||||||||||||
Credit derivatives | |||||||||||||||||||||||||||||||||||||||||||||
Notional amount of derivative contracts outstanding [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total derivative notional amounts | $73,862 | $69,546 | $56,980 | $52,730 | $5,944 | $5,981 | $8,959 | $8,754 | $1,125 | $1,057 | $854 | $1,024 | $36,411 | $33,129 | $204 | $163 | $256 | $312 | $12,124 | $11,824 | $45 | $49 | $4,164 | $3,866 | $733 | $651 | $414 | $442 | $239 | $262 | $4,281 | $3,911 | $726 | $661 | $462 | $403 | $226 | $260 | $3,544 | $3,409 | $3,956 | $4,033 | $133 | $190 | $12 |
Derivative_Instruments_Impact_
Derivative Instruments - Impact on Balance Sheet (Details 1a) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Impact of derivatives on the Consolidated Balance Sheets [Abstract] | ' | ' |
Fair value related to derivative receivables | $1,281,102 | $1,664,281 |
Carrying value of derivative trading assets | 66,788 | 74,983 |
Fair value related to derivative payables | 1,267,863 | 1,641,459 |
Carrying value of derivative trading liabilities | 60,785 | 70,656 |
Interest rate contract | ' | ' |
Impact of derivatives on the Consolidated Balance Sheets [Abstract] | ' | ' |
Fair value related to derivative receivables | 932,422 | 1,302,567 |
Carrying value of derivative trading assets | 29,346 | 39,205 |
Fair value related to derivative payables | 899,680 | 1,260,719 |
Carrying value of derivative trading liabilities | 16,393 | 24,906 |
Credit derivatives | ' | ' |
Impact of derivatives on the Consolidated Balance Sheets [Abstract] | ' | ' |
Fair value related to derivative receivables | 85,875 | 100,310 |
Carrying value of derivative trading assets | 2,102 | 1,735 |
Fair value related to derivative payables | 84,512 | 100,027 |
Carrying value of derivative trading liabilities | 2,533 | 2,504 |
Foreign exchange | ' | ' |
Impact of derivatives on the Consolidated Balance Sheets [Abstract] | ' | ' |
Fair value related to derivative receivables | 168,385 | 174,940 |
Carrying value of derivative trading assets | 13,505 | 14,142 |
Fair value related to derivative payables | 183,958 | 188,537 |
Carrying value of derivative trading liabilities | 16,869 | 18,601 |
Equity | ' | ' |
Impact of derivatives on the Consolidated Balance Sheets [Abstract] | ' | ' |
Fair value related to derivative receivables | 54,992 | 42,662 |
Carrying value of derivative trading assets | 12,951 | 9,266 |
Fair value related to derivative payables | 58,899 | 44,534 |
Carrying value of derivative trading liabilities | 15,811 | 11,819 |
Commodity | ' | ' |
Impact of derivatives on the Consolidated Balance Sheets [Abstract] | ' | ' |
Fair value related to derivative receivables | 39,428 | 43,802 |
Carrying value of derivative trading assets | 8,884 | 10,635 |
Fair value related to derivative payables | 40,814 | 47,642 |
Carrying value of derivative trading liabilities | 9,179 | 12,826 |
Not Designated as Hedging Instrument | ' | ' |
Impact of derivatives on the Consolidated Balance Sheets [Abstract] | ' | ' |
Fair value related to derivative receivables | 1,275,082 | 1,656,054 |
Fair value related to derivative payables | 1,261,609 | 1,635,562 |
Not Designated as Hedging Instrument | Interest rate contract | ' | ' |
Impact of derivatives on the Consolidated Balance Sheets [Abstract] | ' | ' |
Fair value related to derivative receivables | 928,832 | 1,296,503 |
Fair value related to derivative payables | 895,512 | 1,257,599 |
Not Designated as Hedging Instrument | Credit derivatives | ' | ' |
Impact of derivatives on the Consolidated Balance Sheets [Abstract] | ' | ' |
Fair value related to derivative receivables | 85,875 | 100,310 |
Fair value related to derivative payables | 84,512 | 100,027 |
Not Designated as Hedging Instrument | Foreign exchange | ' | ' |
Impact of derivatives on the Consolidated Balance Sheets [Abstract] | ' | ' |
Fair value related to derivative receivables | 167,365 | 173,363 |
Fair value related to derivative payables | 181,906 | 186,404 |
Not Designated as Hedging Instrument | Equity | ' | ' |
Impact of derivatives on the Consolidated Balance Sheets [Abstract] | ' | ' |
Fair value related to derivative receivables | 54,992 | 42,662 |
Fair value related to derivative payables | 58,899 | 44,534 |
Not Designated as Hedging Instrument | Commodity | ' | ' |
Impact of derivatives on the Consolidated Balance Sheets [Abstract] | ' | ' |
Fair value related to derivative receivables | 38,018 | 43,216 |
Fair value related to derivative payables | 40,780 | 46,998 |
Designated as Hedging Instrument | ' | ' |
Impact of derivatives on the Consolidated Balance Sheets [Abstract] | ' | ' |
Fair value related to derivative receivables | 6,020 | 8,227 |
Fair value related to derivative payables | 6,254 | 5,897 |
Designated as Hedging Instrument | Interest rate contract | ' | ' |
Impact of derivatives on the Consolidated Balance Sheets [Abstract] | ' | ' |
Fair value related to derivative receivables | 3,590 | 6,064 |
Fair value related to derivative payables | 4,168 | 3,120 |
Designated as Hedging Instrument | Credit derivatives | ' | ' |
Impact of derivatives on the Consolidated Balance Sheets [Abstract] | ' | ' |
Fair value related to derivative receivables | 0 | 0 |
Fair value related to derivative payables | 0 | 0 |
Designated as Hedging Instrument | Foreign exchange | ' | ' |
Impact of derivatives on the Consolidated Balance Sheets [Abstract] | ' | ' |
Fair value related to derivative receivables | 1,020 | 1,577 |
Fair value related to derivative payables | 2,052 | 2,133 |
Designated as Hedging Instrument | Equity | ' | ' |
Impact of derivatives on the Consolidated Balance Sheets [Abstract] | ' | ' |
Fair value related to derivative receivables | 0 | 0 |
Fair value related to derivative payables | 0 | 0 |
Designated as Hedging Instrument | Commodity | ' | ' |
Impact of derivatives on the Consolidated Balance Sheets [Abstract] | ' | ' |
Fair value related to derivative receivables | 1,410 | 586 |
Fair value related to derivative payables | $34 | $644 |
Derivative_Instruments_Derivat
Derivative Instruments - Derivatives Netting (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | $1,267,004,000,000 | $1,635,280,000,000 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -1,214,314,000,000 | -1,589,298,000,000 |
Derivatives Assets, Subject to Master Netting Arrangement | 52,690,000,000 | 45,982,000,000 |
Derivative Asset, Fair Value, Amount Not Offset Against Collateral | 14,098,000,000 | 29,001,000,000 |
Derivative Asset, Fair Value, Gross Asset | 1,281,102,000,000 | 1,664,281,000,000 |
Derivative Assets | 66,788,000,000 | 74,983,000,000 |
Derivative Asset, Fair Value, Amount Offset Against Collateral | 63,100,000,000 | 79,200,000,000 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 1,251,362,000,000 | 1,620,093,000,000 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -1,207,078,000,000 | -1,570,803,000,000 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 44,284,000,000 | 49,290,000,000 |
Derivative Liability, Fair Value, Amount Not Offset Against Collateral | 16,501,000,000 | 21,366,000,000 |
Derivative Liability, Fair Value, Gross Liability | 1,267,863,000,000 | 1,641,459,000,000 |
Derivative Liabilities | 60,785,000,000 | 70,656,000,000 |
Derivative Liability, Fair Value, Amount Offset Against Collateral | 55,800,000,000 | 60,700,000,000 |
Interest rate contract | ' | ' |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | 925,900,000,000 | 1,286,464,000,000 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -903,076,000,000 | -1,263,362,000,000 |
Derivatives Assets, Subject to Master Netting Arrangement | 22,824,000,000 | 23,102,000,000 |
Derivative Asset, Fair Value, Gross Asset | 932,422,000,000 | 1,302,567,000,000 |
Derivative Assets | 29,346,000,000 | 39,205,000,000 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 898,096,000,000 | 1,256,787,000,000 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -883,287,000,000 | -1,235,813,000,000 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 14,809,000,000 | 20,974,000,000 |
Derivative Liability, Fair Value, Gross Liability | 899,680,000,000 | 1,260,719,000,000 |
Derivative Liabilities | 16,393,000,000 | 24,906,000,000 |
Interest rate contract | Over the Counter [Member] | ' | ' |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | 548,471,000,000 | 794,517,000,000 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -525,669,000,000 | -771,684,000,000 |
Derivatives Assets, Subject to Master Netting Arrangement | 22,802,000,000 | 22,833,000,000 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 529,210,000,000 | 774,769,000,000 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -514,932,000,000 | -754,050,000,000 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 14,278,000,000 | 20,719,000,000 |
Interest rate contract | OTC-cleared | ' | ' |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | 377,429,000,000 | 491,947,000,000 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -377,407,000,000 | -491,678,000,000 |
Derivatives Assets, Subject to Master Netting Arrangement | 22,000,000 | 269,000,000 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 368,886,000,000 | 482,018,000,000 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -368,355,000,000 | -481,763,000,000 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 531,000,000 | 255,000,000 |
Interest rate contract | Exchange-traded | ' | ' |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | 0 | 0 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | 0 | 0 |
Derivatives Assets, Subject to Master Netting Arrangement | 0 | 0 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 0 | 0 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | 0 | 0 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 0 | 0 |
Credit Risk Contract | ' | ' |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | 85,147,000,000 | 99,215,000,000 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -83,773,000,000 | -98,575,000,000 |
Derivatives Assets, Subject to Master Netting Arrangement | 1,374,000,000 | 640,000,000 |
Derivative Asset, Fair Value, Gross Asset | 85,875,000,000 | 100,310,000,000 |
Derivative Assets | 2,102,000,000 | 1,735,000,000 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 83,771,000,000 | 98,542,000,000 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -81,979,000,000 | -97,523,000,000 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 1,792,000,000 | 1,019,000,000 |
Derivative Liability, Fair Value, Gross Liability | 84,512,000,000 | 100,027,000,000 |
Derivative Liabilities | 2,533,000,000 | 2,504,000,000 |
Credit Risk Contract | Over the Counter [Member] | ' | ' |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | 72,837,000,000 | 90,744,000,000 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -71,697,000,000 | -90,104,000,000 |
Derivatives Assets, Subject to Master Netting Arrangement | 1,140,000,000 | 640,000,000 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 71,339,000,000 | 89,170,000,000 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -69,751,000,000 | -88,151,000,000 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 1,588,000,000 | 1,019,000,000 |
Credit Risk Contract | OTC-cleared | ' | ' |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | 12,310,000,000 | 8,471,000,000 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -12,076,000,000 | -8,471,000,000 |
Derivatives Assets, Subject to Master Netting Arrangement | 234,000,000 | 0 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 12,432,000,000 | 9,372,000,000 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -12,228,000,000 | -9,372,000,000 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 204,000,000 | 0 |
Foreign exchange contract | ' | ' |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | 164,031,000,000 | 168,763,000,000 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -154,880,000,000 | -160,798,000,000 |
Derivatives Assets, Subject to Master Netting Arrangement | 9,151,000,000 | 7,965,000,000 |
Derivative Asset, Fair Value, Gross Asset | 168,385,000,000 | 174,940,000,000 |
Derivative Assets | 13,505,000,000 | 14,142,000,000 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 178,417,000,000 | 181,195,000,000 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -167,089,000,000 | -169,936,000,000 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 11,328,000,000 | 11,259,000,000 |
Derivative Liability, Fair Value, Gross Liability | 183,958,000,000 | 188,537,000,000 |
Derivative Liabilities | 16,869,000,000 | 18,601,000,000 |
Foreign exchange contract | Over the Counter [Member] | ' | ' |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | 163,943,000,000 | 168,740,000,000 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -154,792,000,000 | -160,775,000,000 |
Derivatives Assets, Subject to Master Netting Arrangement | 9,151,000,000 | 7,965,000,000 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 178,304,000,000 | 181,166,000,000 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -166,977,000,000 | -169,913,000,000 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 11,327,000,000 | 11,253,000,000 |
Foreign exchange contract | OTC-cleared | ' | ' |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | 88,000,000 | 23,000,000 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -88,000,000 | -23,000,000 |
Derivatives Assets, Subject to Master Netting Arrangement | 0 | 0 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 113,000,000 | 29,000,000 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -112,000,000 | -23,000,000 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 1,000,000 | 6,000,000 |
Foreign exchange contract | Exchange-traded | ' | ' |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | 0 | 0 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | 0 | 0 |
Derivatives Assets, Subject to Master Netting Arrangement | 0 | 0 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 0 | 0 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | 0 | 0 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 0 | 0 |
Equity Contract | ' | ' |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | 53,724,000,000 | 38,849,000,000 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -42,041,000,000 | -33,396,000,000 |
Derivatives Assets, Subject to Master Netting Arrangement | 11,683,000,000 | 5,453,000,000 |
Derivative Asset, Fair Value, Gross Asset | 54,992,000,000 | 42,662,000,000 |
Derivative Assets | 12,951,000,000 | 9,266,000,000 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 54,039,000,000 | 40,320,000,000 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -43,088,000,000 | -32,715,000,000 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 10,951,000,000 | 7,605,000,000 |
Derivative Liability, Fair Value, Gross Liability | 58,899,000,000 | 44,534,000,000 |
Derivative Liabilities | 15,811,000,000 | 11,819,000,000 |
Equity Contract | Over the Counter [Member] | ' | ' |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | 33,122,000,000 | 26,008,000,000 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -29,552,000,000 | -24,628,000,000 |
Derivatives Assets, Subject to Master Netting Arrangement | 3,570,000,000 | 1,380,000,000 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 34,416,000,000 | 28,320,000,000 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -30,599,000,000 | -23,948,000,000 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 3,817,000,000 | 4,372,000,000 |
Equity Contract | OTC-cleared | ' | ' |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | 0 | 0 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | 0 | 0 |
Derivatives Assets, Subject to Master Netting Arrangement | 0 | 0 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 0 | 0 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | 0 | 0 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 0 | 0 |
Equity Contract | Exchange-traded | ' | ' |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | 20,602,000,000 | 12,841,000,000 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -12,489,000,000 | -8,768,000,000 |
Derivatives Assets, Subject to Master Netting Arrangement | 8,113,000,000 | 4,073,000,000 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 19,623,000,000 | 12,000,000,000 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -12,489,000,000 | -8,767,000,000 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 7,134,000,000 | 3,233,000,000 |
Commodity Contract | ' | ' |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | 38,202,000,000 | 41,989,000,000 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -30,544,000,000 | -33,167,000,000 |
Derivatives Assets, Subject to Master Netting Arrangement | 7,658,000,000 | 8,822,000,000 |
Derivative Asset, Fair Value, Gross Asset | 39,428,000,000 | 43,802,000,000 |
Derivative Assets | 8,884,000,000 | 10,635,000,000 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 37,039,000,000 | 43,249,000,000 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -31,635,000,000 | -34,816,000,000 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 5,404,000,000 | 8,433,000,000 |
Derivative Liability, Fair Value, Gross Liability | 40,814,000,000 | 47,642,000,000 |
Derivative Liabilities | 9,179,000,000 | 12,826,000,000 |
Commodity Contract | Over the Counter [Member] | ' | ' |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | 21,532,000,000 | 26,881,000,000 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -15,505,000,000 | -20,760,000,000 |
Derivatives Assets, Subject to Master Netting Arrangement | 6,027,000,000 | 6,121,000,000 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 20,642,000,000 | 28,761,000,000 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -16,596,000,000 | -22,409,000,000 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 4,046,000,000 | 6,352,000,000 |
Commodity Contract | OTC-cleared | ' | ' |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | 0 | 0 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | 0 | 0 |
Derivatives Assets, Subject to Master Netting Arrangement | 0 | 0 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 0 | 0 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | 0 | 0 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 0 | 0 |
Commodity Contract | Exchange-traded | ' | ' |
Derivative | ' | ' |
Derivative Asset, Fair Value, Gross Asset, Subject to Master Netting Arrangement | 16,670,000,000 | 15,108,000,000 |
Derivative Asset, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -15,039,000,000 | -12,407,000,000 |
Derivatives Assets, Subject to Master Netting Arrangement | 1,631,000,000 | 2,701,000,000 |
Derivative Liability, Fair Value, Gross Liability, Subject to Master Netting Arrangement | 16,397,000,000 | 14,488,000,000 |
Derivative Liability, Fair Value, Amount Offset Against Other Derivatives and/or Collateral | -15,039,000,000 | -12,407,000,000 |
Derivatives Liabilities, Subject to Master Netting Arrangement | $1,358,000,000 | $2,081,000,000 |
Derivatives_Instruments_Collat
Derivatives Instruments - Collateral (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Derivative | ' | ' |
Derivatives Assets, Subject to Master Netting Arrangement | $52,690 | $45,982 |
Derivative, Collateral, Obligation to Return Securities and/or Cash Held by Third-Party Custodians | -10,131 | -11,350 |
Derivative Assets, Net Exposure After Liquid Securities Collateral, Assets Subject to a Master Netting Arrangement | 42,559 | 34,632 |
Derivatives Liabilities, Subject to Master Netting Arrangement | 44,284 | 49,290 |
Derivative, Collateral, Right to Reclaim Securities and/or Cash Held at Third-Party Custodians | -8,538 | -20,109 |
Derivative Liabilities, Net Amount After Liquid Securities and/or Cash Collateral Held at Third-Party Custodians, Liabilities Subject to a Master Netting Agreement | $35,746 | $29,181 |
Derivative_Instruments_Credit_
Derivative Instruments - Credit and Liquidity Risk and Related Contingent Features (Details 3) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Credit and liquidity risk, credit-related contingent features | ' | ' |
Net derivative payables containing collateral or termination feature, Fair Value | $26,608 | $40,844 |
Net derivative payables posted collateral | 21,954 | 34,414 |
Single-notch Downgrade [Member] | ' | ' |
Credit and liquidity risk, credit-related contingent features | ' | ' |
Additional collateral to be posted by the Firm as the impact of ratings downgrades | 947 | 1,234 |
Additional assets required to settle trades as the impact of ratings downgrades | 673 | 857 |
Two-notch ratings downgrade | ' | ' |
Credit and liquidity risk, credit-related contingent features | ' | ' |
Additional collateral to be posted by the Firm as the impact of ratings downgrades | 3,334 | 4,090 |
Additional assets required to settle trades as the impact of ratings downgrades | $1,014 | $1,270 |
Derivative_Instruments_Impact_1
Derivative Instruments - Impact on Statements of Income, Fair Value Hedges (Details 2a) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Fair value hedge gains (losses) recorded in income | ' | ' | ' | ' |
Derivatives | ($4,759) | ($5,252) | ($2,124) | ($5,169) |
Hedged items | 4,732 | 4,487 | 2,109 | 4,307 |
Total income statement impact | -27 | -765 | -15 | -862 |
Hedge ineffectiveness | 0 | -44 | -112 | 44 |
Excluded components | -27 | -721 | 97 | -906 |
Interest rate contract | ' | ' | ' | ' |
Fair value hedge gains (losses) recorded in income | ' | ' | ' | ' |
Derivatives | -151 | -187 | -2,757 | -800 |
Hedged items | 484 | 281 | 3,793 | 1,171 |
Total income statement impact | 333 | 94 | 1,036 | 371 |
Hedge ineffectiveness | -18 | -35 | -118 | 0 |
Excluded components | 351 | 129 | 1,154 | 371 |
Foreign exchange | ' | ' | ' | ' |
Fair value hedge gains (losses) recorded in income | ' | ' | ' | ' |
Derivatives | -3,766 | -2,580 | 267 | -1,104 |
Hedged items | 3,701 | 2,521 | -419 | 950 |
Total income statement impact | -65 | -59 | -152 | -154 |
Hedge ineffectiveness | 0 | 0 | 0 | 0 |
Excluded components | -65 | -59 | -152 | -154 |
Commodity | ' | ' | ' | ' |
Fair value hedge gains (losses) recorded in income | ' | ' | ' | ' |
Derivatives | -842 | -2,485 | 366 | -3,265 |
Hedged items | 547 | 1,685 | -1,265 | 2,186 |
Total income statement impact | -295 | -800 | -899 | -1,079 |
Hedge ineffectiveness | 18 | -9 | 6 | 44 |
Excluded components | ($313) | ($791) | ($905) | ($1,123) |
Derivative_Instruments_Impact_2
Derivative Instruments - Impact on Statements of Income, Cash Flow Hedges (Details 2b) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Cash flow hedge gains and losses [Abstract] | ' | ' | ' | ' |
Recognition of losses related to cash flow hedges in Income | ' | ' | $14 | ' |
Maximum length of time hedged in forecasted transactions | ' | ' | '10 years | ' |
Cash Flow Hedging | ' | ' | ' | ' |
Cash flow hedge gains and losses [Abstract] | ' | ' | ' | ' |
Hedge ineffectiveness recrded directly in income | 0 | 0 | 0 | 5 |
Total income statement impact | -7 | 19 | -70 | 49 |
Cash Flow Hedging | Interest rate contract | ' | ' | ' | ' |
Cash flow hedge gains and losses [Abstract] | ' | ' | ' | ' |
Derivatives - effective portion reclassified from AOCI to income | -15 | 5 | -56 | 33 |
Hedge ineffectiveness recrded directly in income | 0 | 0 | 0 | 5 |
Total income statement impact | -15 | 5 | -56 | 38 |
Derivatives - effective portion recorded in OCI | -3 | -11 | -529 | 9 |
Total change in OCI for period | 12 | -16 | -473 | -24 |
Cash Flow Hedging | Foreign exchange | ' | ' | ' | ' |
Cash flow hedge gains and losses [Abstract] | ' | ' | ' | ' |
Derivatives - effective portion reclassified from AOCI to income | 8 | 14 | -14 | 11 |
Hedge ineffectiveness recrded directly in income | 0 | 0 | 0 | 0 |
Total income statement impact | 8 | 14 | -14 | 11 |
Derivatives - effective portion recorded in OCI | 109 | 67 | -7 | 134 |
Total change in OCI for period | 101 | 53 | 7 | 123 |
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | ' | ' | ' | ' |
Cash flow hedge gains and losses [Abstract] | ' | ' | ' | ' |
Total change in OCI for period | 113 | 37 | -466 | 99 |
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Cash Flow Hedging | ' | ' | ' | ' |
Cash flow hedge gains and losses [Abstract] | ' | ' | ' | ' |
Derivatives - effective portion reclassified from AOCI to income | -7 | 19 | -70 | 44 |
Derivatives - effective portion recorded in OCI | 106 | 56 | -536 | 143 |
Total change in OCI for period | $113 | $37 | ($466) | $99 |
Derivative_Instruments_Impact_3
Derivative Instruments - Impact on Statements of Income, Net Investment Hedges (Details 2c) (Net Investment Hedging [Member], Foreign exchange, USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Net Investment Hedging [Member] | Foreign exchange | ' | ' | ' | ' |
Net investment hedge gains and losses [Abstract] | ' | ' | ' | ' |
Excluded components recorded directly in income | ($112) | ($101) | ($274) | ($236) |
Gains/(losses) - effective portion recorded in OCI | ($343) | ($404) | $648 | ($191) |
Derivative_Instruments_Impact_4
Derivative Instruments - Impact on Statements of Income, Risk Management Derivatives (Details 2d) (Risk Management Activities [Member], Not Designated as Hedging Instrument, USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Risk management derivatives gains and losses [Abstract] | ' | ' | ' | ' |
Income statement impact | ($38) | $1,497 | $725 | $4,303 |
Interest rate contract | ' | ' | ' | ' |
Risk management derivatives gains and losses [Abstract] | ' | ' | ' | ' |
Income statement impact | -40 | 1,458 | 687 | 4,301 |
Credit derivatives | ' | ' | ' | ' |
Risk management derivatives gains and losses [Abstract] | ' | ' | ' | ' |
Income statement impact | -32 | -48 | -71 | -135 |
Foreign exchange | ' | ' | ' | ' |
Risk management derivatives gains and losses [Abstract] | ' | ' | ' | ' |
Income statement impact | 0 | 0 | 1 | 47 |
Commodity | ' | ' | ' | ' |
Risk management derivatives gains and losses [Abstract] | ' | ' | ' | ' |
Income statement impact | $34 | $87 | $108 | $90 |
Derivative_Instruments_Credit_1
Derivative Instruments - Credit Derivatives (Details 4a) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Total credit derivatives and credit-related notes | ' | ' |
Protection sold | ($2,985,798) | ($3,021,182) |
Protection purchased with identical underlyings | 2,918,880 | 2,884,754 |
Net protection (sold)/purchased | -66,918 | -136,428 |
Other protection purchased | 41,974 | 78,889 |
Total credit derivatives | ' | ' |
Total credit derivatives and credit-related notes | ' | ' |
Protection sold | -2,985,690 | -3,020,949 |
Protection purchased with identical underlyings | 2,918,880 | 2,884,754 |
Net protection (sold)/purchased | -66,810 | -136,195 |
Other protection purchased | 39,212 | 75,634 |
Credit default swaps | ' | ' |
Total credit derivatives and credit-related notes | ' | ' |
Protection sold | -2,920,641 | -2,954,705 |
Protection purchased with identical underlyings | 2,911,245 | 2,879,105 |
Net protection (sold)/purchased | -9,396 | -75,600 |
Other protection purchased | 10,331 | 42,460 |
Other credit derivatives | ' | ' |
Total credit derivatives and credit-related notes | ' | ' |
Protection sold | -65,049 | -66,244 |
Protection purchased with identical underlyings | 7,635 | 5,649 |
Net protection (sold)/purchased | -57,414 | -60,595 |
Other protection purchased | 28,881 | 33,174 |
Credit-related notes | ' | ' |
Total credit derivatives and credit-related notes | ' | ' |
Protection sold | -108 | -233 |
Protection purchased with identical underlyings | 0 | 0 |
Net protection (sold)/purchased | -108 | -233 |
Other protection purchased | $2,762 | $3,255 |
Derivative_Instruments_Credit_2
Derivative Instruments - Credit Derivatives, Protection Sold, Notional and Fair Value (Details 4b) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Protection sold credit derivatives and credit related notes ratings/maturity profile | ' | ' |
Protection sold credit derivatives and credit related notes ratings/maturity profile - less than one year | ($557,902) | ($624,697) |
Protection sold credit derivatives and credit-related notes ratings/maturity profile - from one to five years | -2,229,946 | -2,105,759 |
Protection sold credit derivatives and credit-related notes ratings/maturity profile - more than five years | -197,950 | -290,726 |
Total notional amount | -2,985,798 | -3,021,182 |
Fair value | 11,691 | -20,163 |
Investment-grade | ' | ' |
Protection sold credit derivatives and credit related notes ratings/maturity profile | ' | ' |
Protection sold credit derivatives and credit related notes ratings/maturity profile - less than one year | -381,410 | -409,748 |
Protection sold credit derivatives and credit-related notes ratings/maturity profile - from one to five years | -1,613,389 | -1,383,644 |
Protection sold credit derivatives and credit-related notes ratings/maturity profile - more than five years | -162,893 | -224,001 |
Total notional amount | -2,157,692 | -2,017,393 |
Fair value | 12,118 | -5,703 |
Noninvestment-grade | ' | ' |
Protection sold credit derivatives and credit related notes ratings/maturity profile | ' | ' |
Protection sold credit derivatives and credit related notes ratings/maturity profile - less than one year | -176,492 | -214,949 |
Protection sold credit derivatives and credit-related notes ratings/maturity profile - from one to five years | -616,557 | -722,115 |
Protection sold credit derivatives and credit-related notes ratings/maturity profile - more than five years | -35,057 | -66,725 |
Total notional amount | -828,106 | -1,003,789 |
Fair value | -427 | -14,460 |
Trading assets | ' | ' |
Protection sold credit derivatives and credit related notes ratings/maturity profile | ' | ' |
Fair value | 47,024 | 39,045 |
Trading assets | Investment-grade | ' | ' |
Protection sold credit derivatives and credit related notes ratings/maturity profile | ' | ' |
Fair value | 23,902 | 16,690 |
Trading assets | Noninvestment-grade | ' | ' |
Protection sold credit derivatives and credit related notes ratings/maturity profile | ' | ' |
Fair value | 23,122 | 22,355 |
Trading Liabilities | ' | ' |
Protection sold credit derivatives and credit related notes ratings/maturity profile | ' | ' |
Fair value | -35,333 | -59,208 |
Trading Liabilities | Investment-grade | ' | ' |
Protection sold credit derivatives and credit related notes ratings/maturity profile | ' | ' |
Fair value | -11,784 | -22,393 |
Trading Liabilities | Noninvestment-grade | ' | ' |
Protection sold credit derivatives and credit related notes ratings/maturity profile | ' | ' |
Fair value | ($23,549) | ($36,815) |
Noninterest_Revenue_Details
Noninterest Revenue (Details) (USD $) | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 6 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | |||||||||||||||||||||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Jun. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2012 | Sep. 30, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Interest rate | Interest rate | Interest rate | Interest rate | Credit | Credit | Credit | Credit | Foreign exchange | Foreign exchange | Foreign exchange | Foreign exchange | Equity | Equity | Equity | Equity | Commodity | Commodity | Commodity | Commodity | Debit Valuation Adjustment | Debit Valuation Adjustment | Debit Valuation Adjustment | Debit Valuation Adjustment | Chief Investment Office | Commodity | Commodity | Commodity | Commodity | Synthetic Credit Derivatives | Federal Reserve Bank of New York [Member] | Federal Reserve Bank of New York [Member] | Equity Securities | Equity Securities | Equity Securities | Equity Securities | Debt Securities [Member] | Debt Securities [Member] | Debt Securities [Member] | Debt Securities [Member] | |||||
Credit | Credit derivatives | |||||||||||||||||||||||||||||||||||||||||||
Chief Investment Office | ||||||||||||||||||||||||||||||||||||||||||||
Underwriting: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total underwriting | $1,184 | $1,054 | $3,787 | $3,057 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $333 | $235 | $1,063 | $761 | $851 | $819 | $2,724 | $2,296 |
Advisory | 323 | 389 | 882 | 1,024 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total investment banking fees | 1,507 | 1,443 | 4,669 | 4,081 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Principal transactions revenue | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Trading revenue | 2,172 | 2,105 | 9,485 | 3,683 | 373 | 1,064 | 1,526 | 3,637 | 442 | -667 | 2,320 | -5,234 | 283 | 384 | 1,326 | 1,177 | 564 | 734 | 2,574 | 2,269 | 510 | 590 | 1,739 | 1,834 | ' | ' | ' | ' | 5,800 | ' | ' | ' | ' | 449 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Private equity gains/(losses) | 490 | -58 | 698 | 659 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Principal transactions | 2,662 | 2,047 | 10,183 | 4,342 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -397 | -211 | 84 | -363 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Gain on Expected Recovery of Subordinated Loan, Pre-tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 98 | 663 | ' | ' | ' | ' | ' | ' | ' | ' |
Gain (Loss) on Fair Value Hedges Recognized in Earnings | -27 | -765 | -15 | -862 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -295 | -800 | -899 | -1,079 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Asset management: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Investment Management Fees | 1,962 | 1,633 | 5,735 | 4,785 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
All other asset management fees | 117 | 110 | 381 | 241 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total asset management fees | 2,079 | 1,743 | 6,116 | 5,026 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total administration fees | 511 | 515 | 1,587 | 1,609 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Commission and other fees: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Brokerage commissions | 569 | 506 | 1,774 | 1,746 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
All other commissions and fees | 508 | 572 | 1,654 | 1,808 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total commissions and fees | 1,077 | 1,078 | 3,428 | 3,554 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total asset management, administration and commissions | 3,667 | 3,336 | 11,131 | 10,189 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Operating Leases, Income Statement, Lease Revenue | $376 | $331 | $1,100 | $982 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest_Income_and_Interest_E2
Interest Income and Interest Expense (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Interest income | ' | ' | ' | ' |
Loans | $8,300 | $9,018 | $25,154 | $27,022 |
Securities | 1,997 | 1,764 | 5,665 | 6,160 |
Trading assets | 1,998 | 2,120 | 6,468 | 6,779 |
Federal funds sold and securities purchased under resale agreements | 487 | 569 | 1,491 | 1,866 |
Securities borrowed | -35 | -18 | -71 | 7 |
Deposits with banks | 264 | 132 | 649 | 420 |
Other assets | 151 | 44 | 378 | 175 |
Total interest income | 13,162 | 13,629 | 39,734 | 42,429 |
Interest expense | ' | ' | ' | ' |
Interest-bearing deposits | 514 | 626 | 1,598 | 2,085 |
Short-term and other liabilities | 524 | 407 | 1,559 | 1,329 |
Long-term debt | 1,236 | 1,464 | 3,792 | 4,724 |
Beneficial interests issued by consolidated VIEs | 113 | 156 | 373 | 503 |
Interest expense | 2,387 | 2,653 | 7,322 | 8,641 |
Net interest income | 10,775 | 10,976 | 32,412 | 33,788 |
Provision for credit losses | -543 | 1,789 | 121 | 2,729 |
Net interest income after provision for credit losses | $11,318 | $9,187 | $32,291 | $31,059 |
Pension_and_Other_Postretireme2
Pension and Other Postretirement Employee Benefit Plans - Net Periodic Benefit Costs (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Defined Benefit Pension Plans, U.S. | ' | ' | ' | ' |
Components of net periodic benefit cost [Abstract] | ' | ' | ' | ' |
Benefits earned during the period | $78 | $68 | $235 | $204 |
Interest cost on benefit obligations | 112 | 120 | 335 | 347 |
Expected return on plan assets | -239 | -222 | -716 | -640 |
Amortization: | ' | ' | ' | ' |
Net (gain)/loss | 68 | 72 | 203 | 217 |
Prior service cost (credit) | -10 | -10 | -31 | -31 |
Net periodic defined benefit cost | 9 | 28 | 26 | 97 |
Other defined benefit pension plans | 4 | 4 | 11 | 11 |
Total defined benefit plans | 13 | 32 | 37 | 108 |
Total defined contribution plans | 114 | 100 | 334 | 288 |
Total pension and OPEB cost included in compensation expense | 127 | 132 | 371 | 396 |
Defined Benefit Pension Plans, Non-U.S. | ' | ' | ' | ' |
Components of net periodic benefit cost [Abstract] | ' | ' | ' | ' |
Benefits earned during the period | 8 | 12 | 25 | 31 |
Interest cost on benefit obligations | 33 | 33 | 93 | 95 |
Expected return on plan assets | -36 | -35 | -104 | -102 |
Amortization: | ' | ' | ' | ' |
Net (gain)/loss | 12 | 9 | 36 | 26 |
Prior service cost (credit) | -1 | -1 | -2 | -1 |
Net periodic defined benefit cost | 16 | 18 | 48 | 49 |
Other defined benefit pension plans | 2 | 2 | 8 | 5 |
Total defined benefit plans | 18 | 20 | 56 | 54 |
Total defined contribution plans | 77 | 75 | 236 | 230 |
Total pension and OPEB cost included in compensation expense | 95 | 95 | 292 | 284 |
OPEB Plans | ' | ' | ' | ' |
Components of net periodic benefit cost [Abstract] | ' | ' | ' | ' |
Benefits earned during the period | 1 | 1 | 1 | 1 |
Interest cost on benefit obligations | 9 | 11 | 27 | 33 |
Expected return on plan assets | -24 | -23 | -70 | -68 |
Amortization: | ' | ' | ' | ' |
Net (gain)/loss | 0 | 0 | 1 | 0 |
Prior service cost (credit) | 0 | 0 | 0 | 0 |
Net periodic defined benefit cost | -14 | -11 | -41 | -34 |
Total defined benefit plans | -14 | -11 | -41 | -34 |
Total pension and OPEB cost included in compensation expense | ($14) | ($11) | ($41) | ($34) |
Pension_and_Other_Postretireme3
Pension and Other Postretirement Employee Benefit Plans (Details) (Textuals) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 |
U.S. Defined Benefit Pension And OPEB Plans [Member] | U.S. Defined Benefit Pension And OPEB Plans [Member] | Defined Benefit Pension Plans, U.S. | United States Other Pension Plan of US Entity, Defined Benefit [Member] | Defined Benefit Pension Plans, Non-U.S. | Defined Benefit Pension Plans, Non-U.S. | Foreign Other Postretirement Benefit Plan, Defined Benefit [Member] | |
Pension and other postretirement employee benefit plans (Numeric) [Abstract] | ' | ' | ' | ' | ' | ' | ' |
Defined Benefit Plan, Fair Value of Plan Assets | $15,600,000,000 | $14,600,000,000 | ' | ' | $3,400,000,000 | $3,300,000,000 | ' |
Defined benefit pension plan, non-U.S., expected contribution | ' | ' | $0 | $39,000,000 | $39,000,000 | ' | $2,000,000 |
Employee_Stock_Based_Incentive2
Employee Stock Based Incentives - Supplemental Information (Details) (USD $) | 3 Months Ended | 9 Months Ended | 3 Months Ended | |||
In Millions, except Per Share data, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Mar. 31, 2013 | Mar. 31, 2013 |
Restricted Stock Units (RSUs) | Stock Appreciation Rights (SARs) | |||||
Share-based Compensation Arrangement by Share-based Payment Award | ' | ' | ' | ' | ' | ' |
Cost of prior grants of restricted stock units ("RSUs") and stock appreciation rights ("SARs") that are amortized over their applicable vesting periods | $347 | $402 | $1,103 | $1,434 | ' | ' |
Accrual of estimated costs of RSUs and SARs to be granted in future periods to full-career eligible employees | 160 | 180 | 631 | 589 | ' | ' |
Total noncash compensation expense related to employee stock-based incentive plans | $507 | $582 | $1,734 | $2,023 | ' | ' |
Employee Stock-Based Incentives (Numeric) [Abstract] | ' | ' | ' | ' | ' | ' |
Granted restricted stock units | ' | ' | ' | ' | 43 | ' |
Weighted average grant date fair value per restricted stock unit | ' | ' | ' | ' | ' | 12 |
Granted stock appreciation rights | ' | ' | ' | ' | $46.58 | ' |
Weighted average grant date fair value per stock appreciation right | ' | ' | ' | ' | ' | $9.56 |
Noninterest_Expense_Details
Noninterest Expense (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Non interest Expense | ' | ' | ' | ' |
Compensation expense | $7,325 | $7,503 | $23,758 | $23,543 |
Noncompensation expense: | ' | ' | ' | ' |
Occupancy expense | 947 | 973 | 2,752 | 3,014 |
Technology, Communications and Equipment Expense | 1,356 | 1,312 | 4,049 | 3,865 |
Professional and outside services | 1,897 | 1,759 | 5,532 | 5,411 |
Marketing | 588 | 607 | 1,755 | 1,929 |
Other expense | 11,373 | 3,035 | 16,625 | 10,354 |
Amortization of intangibles | 140 | 182 | 444 | 566 |
Total noncompensation expense | 16,301 | 7,868 | 31,157 | 25,139 |
Total noninterest expense | 23,626 | 15,371 | 54,915 | 48,682 |
Other expenses, additional details | ' | ' | ' | ' |
Federal Deposit Insurance Corporation Premium Expense | 362 | 426 | 1,100 | 1,200 |
Threatened or Pending Litigation | ' | ' | ' | ' |
Other expenses, additional details | ' | ' | ' | ' |
Loss Contingency, Loss in Period | $9,300 | $790 | $10,300 | $3,800 |
Securities_Realized_Gain_Loss_
Securities - Realized Gain (Loss) (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Securities gains and losses | ' | ' | ' | ' |
Realized gains | $268 | $471 | $932 | $2,358 |
Realized losses | -223 | -10 | -254 | -308 |
Net realized gains | 45 | 461 | 678 | 2,050 |
Credit losses included in securities gains | -19 | -3 | -19 | -42 |
Net securities gains | 26 | 458 | 659 | 2,008 |
Proceeds from securities sold, as percentage of amortized cost | 1.00% | 6.00% | 2.00% | 4.00% |
Other Than Temporary Impairment Losses Investments Portion Previously Recognized In Earnings Intends To Sell Net | ' | ' | 6 | 24 |
Credit related | ' | ' | ' | ' |
Securities gains and losses | ' | ' | ' | ' |
Credit losses included in securities gains | 0 | -2 | 0 | -28 |
Intent to sell | ' | ' | ' | ' |
Securities gains and losses | ' | ' | ' | ' |
Credit losses included in securities gains | ($19) | ($1) | ($19) | ($14) |
Securities_Amortized_Costs_Fai
Securities - Amortized Costs, Fair Value (Details 1) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Amortized costs and estimated fair values | ' | ' |
Available-for-sale Securities, Amortized Cost | $346,618 | $359,892 |
Available-for-sale Securities, Gross Unrealized Gains, Point in Time | 7,769 | 11,503 |
Available-for-sale Securities, Gross Unrealized Losses, Point in Time | 2,347 | 250 |
Available-for-sale Securities | 352,040 | 371,145 |
Held-to-maturity Securities, Amortized Cost | 4,516 | 7 |
Held-to-Maturity Securities, Gross Unrealized Gains, Point in Time | 78 | 1 |
Held-to-Maturity Securities, Gross Unrealized Losses, Point in Time | 0 | 0 |
Held-to-maturity securities, maturities, fair value, total | 4,594 | 8 |
US Government Corporations and Agencies Securities | ' | ' |
Amortized costs and estimated fair values | ' | ' |
Available-for-sale Securities, Amortized Cost | 93,243 | 93,693 |
Available-for-sale Securities, Gross Unrealized Gains, Point in Time | 2,896 | 4,708 |
Available-for-sale Securities, Gross Unrealized Losses, Point in Time | 901 | 13 |
Available-for-sale Securities | 95,238 | 98,388 |
Prime and Alt-A | Residential and commercial mortgage securitizations | ' | ' |
Amortized costs and estimated fair values | ' | ' |
Available-for-sale Securities, Amortized Cost | 2,715 | 1,853 |
Available-for-sale Securities, Gross Unrealized Gains, Point in Time | 51 | 83 |
Available-for-sale Securities, Gross Unrealized Losses, Point in Time | 25 | 3 |
Available-for-sale Securities | 2,741 | 1,933 |
Subprime | Residential and commercial mortgage securitizations | ' | ' |
Amortized costs and estimated fair values | ' | ' |
Available-for-sale Securities, Amortized Cost | 963 | 825 |
Available-for-sale Securities, Gross Unrealized Gains, Point in Time | 19 | 28 |
Available-for-sale Securities, Gross Unrealized Losses, Point in Time | 2 | 0 |
Available-for-sale Securities | 980 | 853 |
Foreign Mortgage-backed Securities | Residential and commercial mortgage securitizations | ' | ' |
Amortized costs and estimated fair values | ' | ' |
Available-for-sale Securities, Amortized Cost | 60,418 | 70,358 |
Available-for-sale Securities, Gross Unrealized Gains, Point in Time | 1,287 | 1,524 |
Available-for-sale Securities, Gross Unrealized Losses, Point in Time | 5 | 29 |
Available-for-sale Securities | 61,700 | 71,853 |
Commercial Mortgage Backed Securities | ' | ' |
Amortized costs and estimated fair values | ' | ' |
Available-for-sale Securities, Amortized Cost | 14,090 | 12,268 |
Available-for-sale Securities, Gross Unrealized Gains, Point in Time | 607 | 948 |
Available-for-sale Securities, Gross Unrealized Losses, Point in Time | 24 | 13 |
Available-for-sale Securities | 14,673 | 13,203 |
Collateralized Mortgage Backed Securities | ' | ' |
Amortized costs and estimated fair values | ' | ' |
Available-for-sale Securities, Amortized Cost | 171,429 | 178,997 |
Available-for-sale Securities, Gross Unrealized Gains, Point in Time | 4,860 | 7,291 |
Available-for-sale Securities, Gross Unrealized Losses, Point in Time | 957 | 58 |
Available-for-sale Securities | 175,332 | 186,230 |
US Treasury and Government | ' | ' |
Amortized costs and estimated fair values | ' | ' |
Available-for-sale Securities, Amortized Cost | 22,662 | 12,022 |
Available-for-sale Securities, Gross Unrealized Gains, Point in Time | 331 | 116 |
Available-for-sale Securities, Gross Unrealized Losses, Point in Time | 237 | 8 |
Available-for-sale Securities | 22,756 | 12,130 |
US States and Political Subdivisions Debt Securities | ' | ' |
Amortized costs and estimated fair values | ' | ' |
Available-for-sale Securities, Amortized Cost | 28,449 | 19,876 |
Available-for-sale Securities, Gross Unrealized Gains, Point in Time | 736 | 1,845 |
Available-for-sale Securities, Gross Unrealized Losses, Point in Time | 932 | 10 |
Available-for-sale Securities | 28,253 | 21,711 |
Certificates of Deposit | ' | ' |
Amortized costs and estimated fair values | ' | ' |
Available-for-sale Securities, Amortized Cost | 948 | 2,781 |
Available-for-sale Securities, Gross Unrealized Gains, Point in Time | 2 | 4 |
Available-for-sale Securities, Gross Unrealized Losses, Point in Time | 3 | 2 |
Available-for-sale Securities | 947 | 2,783 |
Foreign Government Debt Securities | ' | ' |
Amortized costs and estimated fair values | ' | ' |
Available-for-sale Securities, Amortized Cost | 54,886 | 65,168 |
Available-for-sale Securities, Gross Unrealized Gains, Point in Time | 928 | 901 |
Available-for-sale Securities, Gross Unrealized Losses, Point in Time | 68 | 25 |
Available-for-sale Securities | 55,746 | 66,044 |
Corporate Debt Securities | ' | ' |
Amortized costs and estimated fair values | ' | ' |
Available-for-sale Securities, Amortized Cost | 24,813 | 37,999 |
Available-for-sale Securities, Gross Unrealized Gains, Point in Time | 442 | 694 |
Available-for-sale Securities, Gross Unrealized Losses, Point in Time | 59 | 84 |
Available-for-sale Securities | 25,196 | 38,609 |
Collateralized loan obligations | ' | ' |
Amortized costs and estimated fair values | ' | ' |
Available-for-sale Securities, Amortized Cost | 28,802 | 27,483 |
Available-for-sale Securities, Gross Unrealized Gains, Point in Time | 273 | 465 |
Available-for-sale Securities, Gross Unrealized Losses, Point in Time | 83 | 52 |
Available-for-sale Securities | 28,992 | 27,896 |
Other Debt Obligations | ' | ' |
Amortized costs and estimated fair values | ' | ' |
Available-for-sale Securities, Amortized Cost | 11,771 | 12,816 |
Available-for-sale Securities, Gross Unrealized Gains, Point in Time | 181 | 166 |
Available-for-sale Securities, Gross Unrealized Losses, Point in Time | 8 | 11 |
Available-for-sale Securities | 11,944 | 12,971 |
Debt Securities | ' | ' |
Amortized costs and estimated fair values | ' | ' |
Available-for-sale Securities, Amortized Cost | 343,760 | 357,142 |
Available-for-sale Securities, Gross Unrealized Gains, Point in Time | 7,753 | 11,482 |
Available-for-sale Securities, Gross Unrealized Losses, Point in Time | 2,347 | 250 |
Available-for-sale Securities | 349,166 | 368,374 |
Equity securities | ' | ' |
Amortized costs and estimated fair values | ' | ' |
Available-for-sale Securities, Amortized Cost | 2,858 | 2,750 |
Available-for-sale Securities, Gross Unrealized Gains, Point in Time | 16 | 21 |
Available-for-sale Securities, Gross Unrealized Losses, Point in Time | 0 | 0 |
Available-for-sale Securities | 2,874 | 2,771 |
US Government-sponsored Enterprises Debt Securities [Member] | ' | ' |
Amortized costs and estimated fair values | ' | ' |
Available-for-sale Securities | $84,500 | $84,000 |
Securities_Impairment_Details_
Securities - Impairment (Details 2) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Fair value and gross unrealized loss, securities impairment [Abstract] | ' | ' |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Fair Value | $84,845 | $37,687 |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Gross unrealized losses | 2,306 | 104 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Fair Value | 3,108 | 11,028 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Gross unrealized losses | 41 | 146 |
Available-for-sale securities, with gross unrealized losses, Fair Value, Total | 87,953 | 48,715 |
Available-for-sale Securities, with gross unrealized losses, Gross Unrealized Losses | 2,347 | 250 |
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises | ' | ' |
Fair value and gross unrealized loss, securities impairment [Abstract] | ' | ' |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Fair Value | 28,047 | 2,440 |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Gross unrealized losses | 901 | 13 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Fair Value | 0 | 0 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Gross unrealized losses | 0 | 0 |
Available-for-sale securities, with gross unrealized losses, Fair Value, Total | 28,047 | 2,440 |
Available-for-sale Securities, with gross unrealized losses, Gross Unrealized Losses | 901 | 13 |
Commercial Mortgage Backed Securities | ' | ' |
Fair value and gross unrealized loss, securities impairment [Abstract] | ' | ' |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Fair Value | 2,739 | 1,159 |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Gross unrealized losses | 24 | 8 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Fair Value | 0 | 312 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Gross unrealized losses | 0 | 5 |
Available-for-sale securities, with gross unrealized losses, Fair Value, Total | 2,739 | 1,471 |
Available-for-sale Securities, with gross unrealized losses, Gross Unrealized Losses | 24 | 13 |
Collateralized Mortgage Backed Securities | ' | ' |
Fair value and gross unrealized loss, securities impairment [Abstract] | ' | ' |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Fair Value | 34,271 | 6,259 |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Gross unrealized losses | 953 | 29 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Fair Value | 210 | 1,122 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Gross unrealized losses | 4 | 29 |
Available-for-sale securities, with gross unrealized losses, Fair Value, Total | 34,481 | 7,381 |
Available-for-sale Securities, with gross unrealized losses, Gross Unrealized Losses | 957 | 58 |
US Treasury and Government | ' | ' |
Fair value and gross unrealized loss, securities impairment [Abstract] | ' | ' |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Fair Value | 8,096 | 4,198 |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Gross unrealized losses | 237 | 8 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Fair Value | 0 | 0 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Gross unrealized losses | 0 | 0 |
Available-for-sale securities, with gross unrealized losses, Fair Value, Total | 8,096 | 4,198 |
Available-for-sale Securities, with gross unrealized losses, Gross Unrealized Losses | 237 | 8 |
US States and Political Subdivisions Debt Securities | ' | ' |
Fair value and gross unrealized loss, securities impairment [Abstract] | ' | ' |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Fair Value | 13,538 | 907 |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Gross unrealized losses | 932 | 10 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Fair Value | 0 | 0 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Gross unrealized losses | 0 | 0 |
Available-for-sale securities, with gross unrealized losses, Fair Value, Total | 13,538 | 907 |
Available-for-sale Securities, with gross unrealized losses, Gross Unrealized Losses | 932 | 10 |
Certificates of Deposit | ' | ' |
Fair value and gross unrealized loss, securities impairment [Abstract] | ' | ' |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Fair Value | 894 | 741 |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Gross unrealized losses | 3 | 2 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Fair Value | 0 | 0 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Gross unrealized losses | 0 | 0 |
Available-for-sale securities, with gross unrealized losses, Fair Value, Total | 894 | 741 |
Available-for-sale Securities, with gross unrealized losses, Gross Unrealized Losses | 3 | 2 |
Foreign Government Debt Securities | ' | ' |
Fair value and gross unrealized loss, securities impairment [Abstract] | ' | ' |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Fair Value | 8,690 | 14,527 |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Gross unrealized losses | 62 | 21 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Fair Value | 510 | 1,927 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Gross unrealized losses | 6 | 4 |
Available-for-sale securities, with gross unrealized losses, Fair Value, Total | 9,200 | 16,454 |
Available-for-sale Securities, with gross unrealized losses, Gross Unrealized Losses | 68 | 25 |
Corporate Debt Securities | ' | ' |
Fair value and gross unrealized loss, securities impairment [Abstract] | ' | ' |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Fair Value | 3,092 | 2,651 |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Gross unrealized losses | 40 | 10 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Fair Value | 1,626 | 5,641 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Gross unrealized losses | 19 | 74 |
Available-for-sale securities, with gross unrealized losses, Fair Value, Total | 4,718 | 8,292 |
Available-for-sale Securities, with gross unrealized losses, Gross Unrealized Losses | 59 | 84 |
Collateralized loan obligations | ' | ' |
Fair value and gross unrealized loss, securities impairment [Abstract] | ' | ' |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Fair Value | 13,788 | 6,328 |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Gross unrealized losses | 71 | 17 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Fair Value | 762 | 2,063 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Gross unrealized losses | 12 | 35 |
Available-for-sale securities, with gross unrealized losses, Fair Value, Total | 14,550 | 8,391 |
Available-for-sale Securities, with gross unrealized losses, Gross Unrealized Losses | 83 | 52 |
Other Debt Obligations | ' | ' |
Fair value and gross unrealized loss, securities impairment [Abstract] | ' | ' |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Fair Value | 2,476 | 2,076 |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Gross unrealized losses | 8 | 7 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Fair Value | 0 | 275 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Gross unrealized losses | 0 | 4 |
Available-for-sale securities, with gross unrealized losses, Fair Value, Total | 2,476 | 2,351 |
Available-for-sale Securities, with gross unrealized losses, Gross Unrealized Losses | 8 | 11 |
Debt Securities | ' | ' |
Fair value and gross unrealized loss, securities impairment [Abstract] | ' | ' |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Fair Value | 84,845 | 37,687 |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Gross unrealized losses | 2,306 | 104 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Fair Value | 3,108 | 11,028 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Gross unrealized losses | 41 | 146 |
Available-for-sale securities, with gross unrealized losses, Fair Value, Total | 87,953 | 48,715 |
Available-for-sale Securities, with gross unrealized losses, Gross Unrealized Losses | 2,347 | 250 |
Equity securities | ' | ' |
Fair value and gross unrealized loss, securities impairment [Abstract] | ' | ' |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Fair Value | 0 | 0 |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Gross unrealized losses | 0 | 0 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Fair Value | 0 | 0 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Gross unrealized losses | 0 | 0 |
Available-for-sale securities, with gross unrealized losses, Fair Value, Total | 0 | 0 |
Available-for-sale Securities, with gross unrealized losses, Gross Unrealized Losses | 0 | 0 |
Residential and commercial mortgage securitizations | Prime and Alt-A | ' | ' |
Fair value and gross unrealized loss, securities impairment [Abstract] | ' | ' |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Fair Value | 1,510 | 218 |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Gross unrealized losses | 25 | 2 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Fair Value | 0 | 76 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Gross unrealized losses | 0 | 1 |
Available-for-sale securities, with gross unrealized losses, Fair Value, Total | 1,510 | 294 |
Available-for-sale Securities, with gross unrealized losses, Gross Unrealized Losses | 25 | 3 |
Residential and commercial mortgage securitizations | Subprime | ' | ' |
Fair value and gross unrealized loss, securities impairment [Abstract] | ' | ' |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Fair Value | 170 | 0 |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Gross unrealized losses | 2 | 0 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Fair Value | 0 | 0 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Gross unrealized losses | 0 | 0 |
Available-for-sale securities, with gross unrealized losses, Fair Value, Total | 170 | 0 |
Available-for-sale Securities, with gross unrealized losses, Gross Unrealized Losses | 2 | 0 |
Residential and commercial mortgage securitizations | Foreign Mortgage-backed Securities | ' | ' |
Fair value and gross unrealized loss, securities impairment [Abstract] | ' | ' |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Fair Value | 1,805 | 2,442 |
Available-for-sale Securities, with gross unrealized losses, Less than 12 Months, Gross unrealized losses | 1 | 6 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Fair Value | 210 | 734 |
Available-for-sale Securities, with gross unrealized losses, 12 Months or Longer, Gross unrealized losses | 4 | 23 |
Available-for-sale securities, with gross unrealized losses, Fair Value, Total | 2,015 | 3,176 |
Available-for-sale Securities, with gross unrealized losses, Gross Unrealized Losses | $5 | $29 |
Securities_Other_Than_Tempoary
Securities - Other Than Tempoary Impairment (Details 3) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Other-than-temporary impairment, [Abstract] | ' | ' | ' | ' |
Total other-than-temporary impairment losses | $0 | $0 | $0 | ($113) |
Losses recorded in/(reclassified from) other comprehensive income | 0 | -2 | 0 | 85 |
OTTI losses recognized in income | -19 | -3 | -19 | -42 |
Credit related | ' | ' | ' | ' |
Other-than-temporary impairment, [Abstract] | ' | ' | ' | ' |
OTTI losses recognized in income | 0 | -2 | 0 | -28 |
Intent to sell | ' | ' | ' | ' |
Other-than-temporary impairment, [Abstract] | ' | ' | ' | ' |
OTTI losses recognized in income | ($19) | ($1) | ($19) | ($14) |
Securities_Changes_in_Credit_L
Securities - Changes in Credit Loss (Details 4) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Changes in the credit loss component of credit-impaired debt securities, securities with no intent to sell [Abstract] | ' | ' | ' | ' |
Balance, beginning of period | $519 | $734 | $522 | $708 |
Newly credit-impaired securities | 0 | 0 | 0 | 21 |
Losses reclassified from other comprehensive income on previously credit-impaired securities | 0 | 2 | 0 | 7 |
Sales of credit-impaired securities | 0 | 0 | -3 | 0 |
Balance, end of period | $519 | $736 | $519 | $736 |
Securities_Amortized_Cost_Fair
Securities - Amortized Cost, Fair Value, by Contract Maturity (Details 5) (USD $) | 9 Months Ended | |
In Millions, unless otherwise specified | Sep. 30, 2013 | Dec. 31, 2012 |
Amortized cost and estimated fair value by contractual maturity | ' | ' |
Available-for-sale securities, maturities, due in 1 year or less, amortized cost | $23,539 | ' |
Available-for-sale securities, maturities, due after 1 year through 5 years, amortized cost | 59,854 | ' |
Available-for-sale securities, maturities, due after 5 years through 10 years, amortized cost | 58,944 | ' |
Available-for-sale securities, maturities, due after 10 years, amortized cost | 204,281 | ' |
Available-for-sale securities, maturities, amortized cost, total | 346,618 | 359,892 |
Available-for-sale securities, maturities, due in 1 year or less, fair value | 23,574 | ' |
Available-for-sale securities, maturities, due after 1 year through 5 years, fair value | 60,866 | ' |
Available-for-sale securities, maturities, due after 5 years through 10 years, fair value | 59,971 | ' |
Available-for-sale securities, maturities, due after 10 years, fair value | 207,629 | ' |
Available-for-sale Securities | 352,040 | 371,145 |
Available-for-sale securities, maturities, average yield, due in 1 year or less | 1.84% | ' |
Available-for-sale securities, maturities, average yield, due after 1 year through 5 years | 1.91% | ' |
Available-for-sale securities, maturities, average yield, due after 5 years through 10 years | 1.86% | ' |
Available-for-sale securities, maturities, average yield, due after 10 years | 3.25% | ' |
Available-for-sale securities, maturities, average yield, total | 2.68% | ' |
Held-to-maturity securities, maturities, due in 1 year or less, amortized cost | 0 | ' |
Held-to-maturity securities, maturities, due after 1 year through 5 years, amortized cost | 4 | ' |
Held-to-maturity securities, maturities, due after 5 years through 10 years, amortized cost | 1 | ' |
Held-to-maturity securities, maturities, due after 10 years, amortized cost | 4,511 | ' |
Held-to-maturity securities, maturities, amortized cost, total | 4,516 | 7 |
Held-to-maturity securities, maturities, due in 1 year or less, fair value | 0 | ' |
Held-to-maturity securities, maturities, due after 1 year through 5 years, fair value | 4 | ' |
Held-to-maturity securities, maturities, due after 5 years through 10 years, fair value | 1 | ' |
Held-to-maturity securities, maturities, due after 10 years, fair value | 4,589 | ' |
Held-to-maturity securities, maturities, fair value, total | 4,594 | 8 |
Held-to-maturity securities, maturities, average yield, due in 1 year or less | 0.00% | ' |
Held-to-maturity securities, maturities, average yield, due after 1 year through 5 years | 6.87% | ' |
Held-to-maturity securities, maturities, average yield, due after 5 years through 10 years | 6.59% | ' |
Held-to-maturity securities, maturities, average yield, due after 10 years | 3.55% | ' |
Held-to-maturity securities, maturities, average yield, total | 3.56% | ' |
Supplemental information | ' | ' |
US Government Agencies And US Government sponsored Enterprises Residential Mortgage Backed Securities Estimated Duration | '5 years | ' |
US Government Agencies And US Government-sponsored Enterprises, Residential Collateralized Mortgage Obligations, Estimated Duration | '3 years | ' |
Non Agency Residential Collateralized Mortgage Obligations Estimated Duration | '3 years | ' |
Minimum | ' | ' |
Supplemental information | ' | ' |
Due Period Of Mortgage Backed Securities And Collateralized Mortgage Obligations | '10 years | ' |
Equity securities | ' | ' |
Amortized cost and estimated fair value by contractual maturity | ' | ' |
Available-for-sale securities, equity maturities, due in 1 year or less, amortized cost | 0 | ' |
Available-for-sale securities, equity maturities, due after 1 year through 5 years, amortized cost | 0 | ' |
Available-for-sale securities, equity maturities, due after 5 years through 10 years, amortized cost | 0 | ' |
Available-for-sale securities, equity maturities, due after 10 years, amortized cost | 2,858 | ' |
Available-for-sale securities, equity maturities, amortized cost, total | 2,858 | ' |
Available-for-sale securities, equity maturities, due in 1 year or less, fair value | 0 | ' |
Available-for-sale securities, equity maturities, due after 1 year through 5 years, fair value | 0 | ' |
Available-for-sale securities, equity maturities, due after 5 years through 10 years, fair value | 0 | ' |
Available-for-sale securities, equity maturities, due after 10 years, fair value | 2,874 | ' |
Available-for-sale securities, equity maturities, fair value, total | 2,874 | ' |
Available-for-sale securities, equity maturities, average yield, due in 1 year or less | 0.00% | ' |
Available-for-sale securities, equity maturities, average yield, due after 1 year through 5 years | 0.00% | ' |
Available-for-sale securities, equity maturities, average yield, due after 5 years through 10 years | 0.00% | ' |
Available-for-sale securities, equity maturities, average yield, due after 10 years | 0.21% | ' |
Available-for-sale securities, equity maturities, average yield, total | 0.21% | ' |
Available-for-sale securities, maturities, amortized cost, total | 2,858 | 2,750 |
Available-for-sale Securities | 2,874 | 2,771 |
Debt Securities | ' | ' |
Amortized cost and estimated fair value by contractual maturity | ' | ' |
Available-for-sale securities, due in 1 year or less, amortized cost | 23,539 | ' |
Available-for-sale securities, due after 1 year through 5 years, amortized cost | 59,854 | ' |
Available-for-sale securities, due after 5 years through 10 years, amortized cost | 58,944 | ' |
Available-for-sale securities, due after 10 years, amortized cost | 201,423 | ' |
Available-for-sale Securities, Debt Maturities, Amortized Cost | 343,760 | ' |
Available-for-sale securities, due in 1 year or less, fair value | 23,574 | ' |
Available-for-sale securities, due after 1 year through 5 years, fair value | 60,866 | ' |
Available-for-sale securities, due after 5 years through 10 years, fair value | 59,971 | ' |
Available-for-sale securities, due after 10 years, fair value | 204,755 | ' |
Available-for-sale securities, fair value, total | 349,166 | ' |
Available-for-sale securities, average yield, due in 1 year or less | 1.84% | ' |
Available-for-sale securities, average yield, due after 1 year through 5 years | 1.91% | ' |
Available-for-sale securities, average yield, due after 5 years through 10 years | 1.86% | ' |
Available-for-sale securities, average yield, due after 10 years | 3.29% | ' |
Available-for-sale securities, average yield, total | 2.70% | ' |
Available-for-sale securities, maturities, amortized cost, total | 343,760 | 357,142 |
Available-for-sale Securities | 349,166 | 368,374 |
Mortgage-backed securities | ' | ' |
Amortized cost and estimated fair value by contractual maturity | ' | ' |
Available-for-sale securities, due in 1 year or less, amortized cost | 212 | ' |
Available-for-sale securities, due after 1 year through 5 years, amortized cost | 13,512 | ' |
Available-for-sale securities, due after 5 years through 10 years, amortized cost | 8,570 | ' |
Available-for-sale securities, due after 10 years, amortized cost | 149,135 | ' |
Available-for-sale Securities, Debt Maturities, Amortized Cost | 171,429 | ' |
Available-for-sale securities, due in 1 year or less, fair value | 213 | ' |
Available-for-sale securities, due after 1 year through 5 years, fair value | 13,936 | ' |
Available-for-sale securities, due after 5 years through 10 years, fair value | 8,823 | ' |
Available-for-sale securities, due after 10 years, fair value | 152,360 | ' |
Available-for-sale securities, fair value, total | 175,332 | ' |
Available-for-sale securities, average yield, due in 1 year or less | 2.16% | ' |
Available-for-sale securities, average yield, due after 1 year through 5 years | 2.11% | ' |
Available-for-sale securities, average yield, due after 5 years through 10 years | 2.87% | ' |
Available-for-sale securities, average yield, due after 10 years | 3.07% | ' |
Available-for-sale securities, average yield, total | 2.98% | ' |
Available-for-sale securities, maturities, amortized cost, total | 171,429 | 178,997 |
Available-for-sale Securities | 175,332 | 186,230 |
U.S. Treasury and government agencies | ' | ' |
Amortized cost and estimated fair value by contractual maturity | ' | ' |
Available-for-sale securities, due in 1 year or less, amortized cost | 8,519 | ' |
Available-for-sale securities, due after 1 year through 5 years, amortized cost | 11,495 | ' |
Available-for-sale securities, due after 5 years through 10 years, amortized cost | 1,745 | ' |
Available-for-sale securities, due after 10 years, amortized cost | 903 | ' |
Available-for-sale Securities, Debt Maturities, Amortized Cost | 22,662 | ' |
Available-for-sale securities, due in 1 year or less, fair value | 8,535 | ' |
Available-for-sale securities, due after 1 year through 5 years, fair value | 11,512 | ' |
Available-for-sale securities, due after 5 years through 10 years, fair value | 1,752 | ' |
Available-for-sale securities, due after 10 years, fair value | 957 | ' |
Available-for-sale securities, fair value, total | 22,756 | ' |
Available-for-sale securities, average yield, due in 1 year or less | 0.59% | ' |
Available-for-sale securities, average yield, due after 1 year through 5 years | 0.42% | ' |
Available-for-sale securities, average yield, due after 5 years through 10 years | 0.66% | ' |
Available-for-sale securities, average yield, due after 10 years | 0.78% | ' |
Available-for-sale securities, average yield, total | 0.52% | ' |
Available-for-sale securities, maturities, amortized cost, total | 22,662 | 12,022 |
Available-for-sale Securities | 22,756 | 12,130 |
Obligations of U.S. states and municipalities | ' | ' |
Amortized cost and estimated fair value by contractual maturity | ' | ' |
Available-for-sale securities, due in 1 year or less, amortized cost | 15 | ' |
Available-for-sale securities, due after 1 year through 5 years, amortized cost | 468 | ' |
Available-for-sale securities, due after 5 years through 10 years, amortized cost | 1,587 | ' |
Available-for-sale securities, due after 10 years, amortized cost | 26,379 | ' |
Available-for-sale Securities, Debt Maturities, Amortized Cost | 28,449 | ' |
Available-for-sale securities, due in 1 year or less, fair value | 15 | ' |
Available-for-sale securities, due after 1 year through 5 years, fair value | 494 | ' |
Available-for-sale securities, due after 5 years through 10 years, fair value | 1,617 | ' |
Available-for-sale securities, due after 10 years, fair value | 26,127 | ' |
Available-for-sale securities, fair value, total | 28,253 | ' |
Available-for-sale securities, average yield, due in 1 year or less | 1.51% | ' |
Available-for-sale securities, average yield, due after 1 year through 5 years | 5.13% | ' |
Available-for-sale securities, average yield, due after 5 years through 10 years | 4.21% | ' |
Available-for-sale securities, average yield, due after 10 years | 6.03% | ' |
Available-for-sale securities, average yield, total | 5.91% | ' |
Available-for-sale securities, maturities, amortized cost, total | 28,449 | 19,876 |
Available-for-sale Securities | 28,253 | 21,711 |
Certificates of Deposit | ' | ' |
Amortized cost and estimated fair value by contractual maturity | ' | ' |
Available-for-sale securities, due in 1 year or less, amortized cost | 897 | ' |
Available-for-sale securities, due after 1 year through 5 years, amortized cost | 51 | ' |
Available-for-sale securities, due after 5 years through 10 years, amortized cost | 0 | ' |
Available-for-sale securities, due after 10 years, amortized cost | 0 | ' |
Available-for-sale Securities, Debt Maturities, Amortized Cost | 948 | ' |
Available-for-sale securities, due in 1 year or less, fair value | 894 | ' |
Available-for-sale securities, due after 1 year through 5 years, fair value | 53 | ' |
Available-for-sale securities, due after 5 years through 10 years, fair value | 0 | ' |
Available-for-sale securities, due after 10 years, fair value | 0 | ' |
Available-for-sale securities, fair value, total | 947 | ' |
Available-for-sale securities, average yield, due in 1 year or less | 7.12% | ' |
Available-for-sale securities, average yield, due after 1 year through 5 years | 3.28% | ' |
Available-for-sale securities, average yield, due after 5 years through 10 years | 0.00% | ' |
Available-for-sale securities, average yield, due after 10 years | 0.00% | ' |
Available-for-sale securities, average yield, total | 6.91% | ' |
Available-for-sale securities, maturities, amortized cost, total | 948 | 2,781 |
Available-for-sale Securities | 947 | 2,783 |
Non-U.S. government debt securities | ' | ' |
Amortized cost and estimated fair value by contractual maturity | ' | ' |
Available-for-sale securities, due in 1 year or less, amortized cost | 10,366 | ' |
Available-for-sale securities, due after 1 year through 5 years, amortized cost | 17,101 | ' |
Available-for-sale securities, due after 5 years through 10 years, amortized cost | 25,178 | ' |
Available-for-sale securities, due after 10 years, amortized cost | 2,241 | ' |
Available-for-sale Securities, Debt Maturities, Amortized Cost | 54,886 | ' |
Available-for-sale securities, due in 1 year or less, fair value | 10,385 | ' |
Available-for-sale securities, due after 1 year through 5 years, fair value | 17,306 | ' |
Available-for-sale securities, due after 5 years through 10 years, fair value | 25,698 | ' |
Available-for-sale securities, due after 10 years, fair value | 2,357 | ' |
Available-for-sale securities, fair value, total | 55,746 | ' |
Available-for-sale securities, average yield, due in 1 year or less | 2.30% | ' |
Available-for-sale securities, average yield, due after 1 year through 5 years | 2.30% | ' |
Available-for-sale securities, average yield, due after 5 years through 10 years | 1.33% | ' |
Available-for-sale securities, average yield, due after 10 years | 1.72% | ' |
Available-for-sale securities, average yield, total | 1.83% | ' |
Available-for-sale securities, maturities, amortized cost, total | 54,886 | 65,168 |
Available-for-sale Securities | 55,746 | 66,044 |
Corporate Debt Securities | ' | ' |
Amortized cost and estimated fair value by contractual maturity | ' | ' |
Available-for-sale securities, due in 1 year or less, amortized cost | 3,530 | ' |
Available-for-sale securities, due after 1 year through 5 years, amortized cost | 15,041 | ' |
Available-for-sale securities, due after 5 years through 10 years, amortized cost | 6,190 | ' |
Available-for-sale securities, due after 10 years, amortized cost | 52 | ' |
Available-for-sale Securities, Debt Maturities, Amortized Cost | 24,813 | ' |
Available-for-sale securities, due in 1 year or less, fair value | 3,532 | ' |
Available-for-sale securities, due after 1 year through 5 years, fair value | 15,355 | ' |
Available-for-sale securities, due after 5 years through 10 years, fair value | 6,258 | ' |
Available-for-sale securities, due after 10 years, fair value | 51 | ' |
Available-for-sale securities, fair value, total | 25,196 | ' |
Available-for-sale securities, average yield, due in 1 year or less | 2.15% | ' |
Available-for-sale securities, average yield, due after 1 year through 5 years | 2.33% | ' |
Available-for-sale securities, average yield, due after 5 years through 10 years | 2.63% | ' |
Available-for-sale securities, average yield, due after 10 years | 2.34% | ' |
Available-for-sale securities, average yield, total | 2.38% | ' |
Available-for-sale securities, maturities, amortized cost, total | 24,813 | 37,999 |
Available-for-sale Securities | 25,196 | 38,609 |
Asset-backed securities | ' | ' |
Amortized cost and estimated fair value by contractual maturity | ' | ' |
Available-for-sale securities, due in 1 year or less, amortized cost | 0 | ' |
Available-for-sale securities, due after 1 year through 5 years, amortized cost | 2,186 | ' |
Available-for-sale securities, due after 5 years through 10 years, amortized cost | 15,674 | ' |
Available-for-sale securities, due after 10 years, amortized cost | 22,713 | ' |
Available-for-sale Securities, Debt Maturities, Amortized Cost | 40,573 | ' |
Available-for-sale securities, due in 1 year or less, fair value | 0 | ' |
Available-for-sale securities, due after 1 year through 5 years, fair value | 2,210 | ' |
Available-for-sale securities, due after 5 years through 10 years, fair value | 15,823 | ' |
Available-for-sale securities, due after 10 years, fair value | 22,903 | ' |
Available-for-sale securities, fair value, total | $40,936 | ' |
Available-for-sale securities, average yield, due in 1 year or less | 0.00% | ' |
Available-for-sale securities, average yield, due after 1 year through 5 years | 1.87% | ' |
Available-for-sale securities, average yield, due after 5 years through 10 years | 1.74% | ' |
Available-for-sale securities, average yield, due after 10 years | 1.81% | ' |
Available-for-sale securities, average yield, total | 1.79% | ' |
Securities_Financing_Activitie2
Securities Financing Activities (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
Components of collateralized financings [Abstract] | ' | ' |
Securities Purchased under Agreements to Resell, Subject to Master Netting Arrangement | $343,943,000,000 | $381,377,000,000 |
Carrying Value of Securities Purchased Under Resale Agreements That Have Been Netted | -115,693,000,000 | -96,947,000,000 |
Securities Purchased under Agreements to Resell, Subject to Master Netting Arrangement, Net | 228,250,000,000 | 284,430,000,000 |
Securities Purchased under Agreements to Resell, Not Subject to Master Netting Arrangement | 7,225,000,000 | 10,983,000,000 |
Securities Purchased under Agreements to Resell, Gross | 351,168,000,000 | 392,360,000,000 |
Securities purchased under resale agreements | 235,475,000,000 | 295,413,000,000 |
Securities Borrowed | 122,438,000,000 | 119,017,000,000 |
Securities financing activities (Numeric) [Abstract] | ' | ' |
Federal funds sold and securities purchased under resale agreements, at fair value | 235,916,000,000 | 296,296,000,000 |
Securities Borrowed, Amount Not Offset Against Collateral, Gross | 18,600,000,000 | 20,200,000,000 |
Securities Borrowed, Amount Offset Against Collateral, Gross | 103,822,000,000 | 98,807,000,000 |
Securities Purchased under Agreements to Resell, Collateral, Obligation to Return Securities | -223,630,000,000 | -282,468,000,000 |
Securities Borrowed, Collateral, Obligation to Return Securities | -99,556,000,000 | -94,858,000,000 |
Securities Purchased under Agreements to Resell, Collateral, Obligation to Return Cash | -51,000,000 | -998,000,000 |
Securities Borrowed, Collateral, Obligation to Return Cash | -28,000,000 | 0 |
Securities Purchased under Agreements to Resell, Amount Offset Against Collateral | 4,569,000,000 | 964,000,000 |
Securities Borrowed, Amount Offset Against Collateral | 4,238,000,000 | 3,949,000,000 |
Securities Sold under Agreements to Repurchase, Subject to Master Netting Arrangement | 304,070,000,000 | 301,352,000,000 |
Securities Sold under Agreements to Repurchase, Not Subject to Master Netting Arrangement | 7,579,000,000 | 11,155,000,000 |
Securities Sold under Agreements to Repurchase, Gross | 311,649,000,000 | 312,507,000,000 |
Carrying Value of Securities Sold Under Repurchase Agreements That Have Been Netted | -115,693,000,000 | -96,947,000,000 |
Securities Sold under Agreements to Repurchase | 195,956,000,000 | 215,560,000,000 |
Securities loaned | 27,523,000,000 | 30,458,000,000 |
Securities Sold under Agreements to Repurchase, Subject to Master Netting Arrangement, Net | 188,377,000,000 | 204,405,000,000 |
Securities Loaned, Amount Not Offset Against Collateral, Gross | 0 | 889,000,000 |
Securities Sold under Agreements to Repurchase, Collateral, Right to Reclaim Securities | -186,945,000,000 | -202,925,000,000 |
Securities Sold under Agreements to Repurchase, Collateral, Right to Reclaim Cash | -164,000,000 | -162,000,000 |
Securities Sold under Agreements to Repurchase, Amount Offset Against Collateral | 1,268,000,000 | 1,318,000,000 |
Securities Loaned, Amount Offset Against Collateral, Gross | 27,480,000,000 | 29,569,000,000 |
Securities Loaned, Collateral, Right to Reclaim Securities | -27,051,000,000 | -28,465,000,000 |
Securities Loaned, Collateral, Right to Reclaim Cash | 0 | 0 |
Securities Loaned, Amount Offset Against Collateral | 429,000,000 | 1,104,000,000 |
Transfers Accounted for as Secured Borrowings, Assets, Carrying Amount | 12,800,000,000 | 9,600,000,000 |
Securities-For-Securities Borrow Versus Pledge Transactions [Member] | ' | ' |
Securities financing activities (Numeric) [Abstract] | ' | ' |
Securities loaned | 6,400,000,000 | 6,900,000,000 |
Fair value | ' | ' |
Components of collateralized financings [Abstract] | ' | ' |
Securities Borrowed | 5,500,000,000 | 10,200,000,000 |
Securities financing activities (Numeric) [Abstract] | ' | ' |
Federal funds sold and securities purchased under resale agreements, at fair value | 25,700,000,000 | 24,300,000,000 |
Fair value | Fair Value, Measurements, Recurring [Member] | ' | ' |
Securities financing activities (Numeric) [Abstract] | ' | ' |
Federal funds purchased and securities loaned or sold under repurchase agreements | 5,983,000,000 | 4,388,000,000 |
Fair value | Fair Value, Measurements, Recurring [Member] | Securities Sold under Agreements to Repurchase [Member] | ' | ' |
Securities financing activities (Numeric) [Abstract] | ' | ' |
Federal funds purchased and securities loaned or sold under repurchase agreements | 5,500,000,000 | 3,900,000,000 |
Fair value | Fair Value, Measurements, Recurring [Member] | Securities Loaned [Member] | ' | ' |
Securities financing activities (Numeric) [Abstract] | ' | ' |
Federal funds purchased and securities loaned or sold under repurchase agreements | $472,000,000 | $457,000,000 |
Loans_by_Portfolio_Segment_and
Loans - by Portfolio Segment and Class (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 |
Loans by Portfolio Segment and Class [Line Items] | ' | ' | ' |
Loans retained | $722,471,000,000 | $726,835,000,000 | $717,086,000,000 |
Loans held-for-sale | 4,123,000,000 | 4,406,000,000 | ' |
Loans at fair value | 2,085,000,000 | 2,555,000,000 | ' |
Total loans | 728,679,000,000 | 733,796,000,000 | ' |
Loans unearned income, unamortized discounts and premiums, and net deferred loan costs | 2,100,000,000 | 2,500,000,000 | ' |
Consumer, excluding credit card | ' | ' | ' |
Loans by Portfolio Segment and Class [Line Items] | ' | ' | ' |
Loans retained | 288,211,000,000 | 292,620,000,000 | 295,079,000,000 |
Loans held-for-sale | 139,000,000 | 0 | ' |
Loans at fair value | 0 | 0 | ' |
Total loans | 288,350,000,000 | 292,620,000,000 | ' |
Credit card | ' | ' | ' |
Loans by Portfolio Segment and Class [Line Items] | ' | ' | ' |
Loans retained | 123,672,000,000 | 127,993,000,000 | 124,431,000,000 |
Loans held-for-sale | 310,000,000 | 0 | ' |
Loans at fair value | 0 | 0 | ' |
Total loans | 123,982,000,000 | 127,993,000,000 | ' |
Wholesale | ' | ' | ' |
Loans by Portfolio Segment and Class [Line Items] | ' | ' | ' |
Loans retained | 310,588,000,000 | 306,222,000,000 | 297,576,000,000 |
Loans held-for-sale | 3,674,000,000 | 4,406,000,000 | ' |
Loans at fair value | 2,085,000,000 | 2,555,000,000 | ' |
Total loans | 316,347,000,000 | 313,183,000,000 | ' |
Home Equity - Senior Lien | Consumer, excluding credit card | ' | ' | ' |
Loans by Portfolio Segment and Class [Line Items] | ' | ' | ' |
Loans retained | 17,621,000,000 | 19,385,000,000 | ' |
Home Equity - Junior Lien | Consumer, excluding credit card | ' | ' | ' |
Loans by Portfolio Segment and Class [Line Items] | ' | ' | ' |
Loans retained | 42,204,000,000 | 48,000,000,000 | ' |
Auto Loans | Consumer, excluding credit card | ' | ' | ' |
Loans by Portfolio Segment and Class [Line Items] | ' | ' | ' |
Loans retained | 50,810,000,000 | 49,913,000,000 | ' |
Business Banking Loans | Consumer, excluding credit card | ' | ' | ' |
Loans by Portfolio Segment and Class [Line Items] | ' | ' | ' |
Loans retained | 18,710,000,000 | 18,883,000,000 | ' |
Student and Other Loans | Consumer, excluding credit card | ' | ' | ' |
Loans by Portfolio Segment and Class [Line Items] | ' | ' | ' |
Loans retained | 11,664,000,000 | 12,191,000,000 | ' |
Prime Mortgages, Including Option ARMs | Consumer, excluding credit card | ' | ' | ' |
Loans by Portfolio Segment and Class [Line Items] | ' | ' | ' |
Loans retained | 85,067,000,000 | 76,256,000,000 | ' |
Subprime Mortgages | Consumer, excluding credit card | ' | ' | ' |
Loans by Portfolio Segment and Class [Line Items] | ' | ' | ' |
Loans retained | 7,376,000,000 | 8,255,000,000 | ' |
PCI - Home Equity | Consumer, excluding credit card | ' | ' | ' |
Loans by Portfolio Segment and Class [Line Items] | ' | ' | ' |
Loans retained | 19,411,000,000 | 20,971,000,000 | ' |
PCI - Prime Mortgage | Consumer, excluding credit card | ' | ' | ' |
Loans by Portfolio Segment and Class [Line Items] | ' | ' | ' |
Loans retained | 12,487,000,000 | 13,674,000,000 | ' |
PCI - Subprime Mortage | Consumer, excluding credit card | ' | ' | ' |
Loans by Portfolio Segment and Class [Line Items] | ' | ' | ' |
Loans retained | 4,297,000,000 | 4,626,000,000 | ' |
PCI - Option ARMs | Consumer, excluding credit card | ' | ' | ' |
Loans by Portfolio Segment and Class [Line Items] | ' | ' | ' |
Loans retained | 18,564,000,000 | 20,466,000,000 | ' |
Consumer Loan Excluding Credit Card | Consumer, excluding credit card | ' | ' | ' |
Loans by Portfolio Segment and Class [Line Items] | ' | ' | ' |
Loans retained | $288,211,000,000 | $292,620,000,000 | ' |
Loans_Loans_Purchased_Sold_and
Loans Loans - Purchased, Sold and Reclassified to Held-for-Sale (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Retained Loans Purchases Sales And Transfer Into Held For Sale By Portfolio Segment [Line Items] | ' | ' | ' | ' |
Financing Receivable, Significant Purchases | $1,816 | $1,675 | $6,645 | $5,862 |
Financing Receivable, Significant Sales | 2,006 | 998 | 7,246 | 4,012 |
Financing Receivable, Reclassification to Held-for-Sale | 543 | 204 | 2,272 | 1,364 |
Consumer, excluding credit card | ' | ' | ' | ' |
Retained Loans Purchases Sales And Transfer Into Held For Sale By Portfolio Segment [Line Items] | ' | ' | ' | ' |
Financing Receivable, Significant Purchases | 1,632 | 1,559 | 5,847 | 5,172 |
Financing Receivable, Significant Sales | 1,152 | 378 | 3,814 | 1,720 |
Financing Receivable, Reclassification to Held-for-Sale | 28 | 0 | 736 | 0 |
Financing Receivable, Excluded, Purchased from Correspondents, Originated in Accordance with the Firm's Underwriting Standards | 2,000 | 378 | 4,200 | 769 |
Credit card | ' | ' | ' | ' |
Retained Loans Purchases Sales And Transfer Into Held For Sale By Portfolio Segment [Line Items] | ' | ' | ' | ' |
Financing Receivable, Significant Purchases | 0 | 0 | 328 | 0 |
Financing Receivable, Significant Sales | 0 | 0 | 0 | 0 |
Financing Receivable, Reclassification to Held-for-Sale | 309 | 0 | 309 | 1,043 |
Wholesale | ' | ' | ' | ' |
Retained Loans Purchases Sales And Transfer Into Held For Sale By Portfolio Segment [Line Items] | ' | ' | ' | ' |
Financing Receivable, Significant Purchases | 184 | 116 | 470 | 690 |
Financing Receivable, Significant Sales | 854 | 620 | 3,432 | 2,292 |
Financing Receivable, Reclassification to Held-for-Sale | $206 | $204 | $1,227 | $321 |
Loans_Loans_Net_Gains_and_Loss
Loans Loans - Net Gains and Losses on Sale (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Net Gains Losses On Loan Sales By Portfolio Segment [Line Items] | ' | ' | ' | ' |
Gain (Loss) on Sales of Loans, Net | $20 | $108 | $269 | $238 |
Consumer, excluding credit card | ' | ' | ' | ' |
Net Gains Losses On Loan Sales By Portfolio Segment [Line Items] | ' | ' | ' | ' |
Gain (Loss) on Sales of Loans, Net | 32 | 49 | 288 | 123 |
Credit card | ' | ' | ' | ' |
Net Gains Losses On Loan Sales By Portfolio Segment [Line Items] | ' | ' | ' | ' |
Gain (Loss) on Sales of Loans, Net | 3 | 0 | 3 | -12 |
Wholesale | ' | ' | ' | ' |
Net Gains Losses On Loan Sales By Portfolio Segment [Line Items] | ' | ' | ' | ' |
Gain (Loss) on Sales of Loans, Net | ($15) | $59 | ($22) | $127 |
Loans_Credit_Quality_Indicator
Loans - Credit Quality Indicators and Other Information (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | |||
Consumer Loan Excluding Credit Card | Consumer Loan Excluding Credit Card | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien, Lines of Credit | Home Equity - Junior Lien, Lines of Credit | Home Equity - Junior Lien, Lines of Credit | Home Equity - Junior Lien, Lines of Credit | Home Equity - Junior Lien, Lines of Credit | Home Equity - Junior Lien, Lines of Credit | Home Equity - Junior Lien, Lines of Credit | Home Equity - Junior Lien, Lines of Credit | Home Equity - Junior Lien, Lines of Credit | Home Equity - Junior Lien, Lines of Credit | Home Equity - Junior Lien, Lines of Credit | Home Equity - Junior Lien, Lines of Credit | Home Equity - Junior Lien, Lines of Credit | Home Equity - Junior Lien, Lines of Credit | Home Equity - Junior Lien, Lines of Credit | Home Equity - Junior Lien, Lines of Credit | Home Equity - Junior Lien, Excluding Lines of Credit | Home Equity - Junior Lien, Excluding Lines of Credit | Home Equity - Junior Lien, Excluding Lines of Credit | Home Equity - Junior Lien, Excluding Lines of Credit | Home Equity - Junior Lien, Excluding Lines of Credit | Home Equity - Junior Lien, Excluding Lines of Credit | Home Equity - Junior Lien, Excluding Lines of Credit | Home Equity - Junior Lien, Excluding Lines of Credit | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | Purchased Credit-Impaired | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity | PCI - Home Equity, Senior Lien | PCI - Home Equity, Junior Lien | PCI - Home Equity, Junior Lien | PCI - Home Equity, Junior Lien | PCI - Home Equity, Junior Lien | PCI - Home Equity, Junior Lien | PCI - Home Equity, Junior Lien | PCI - Home Equity, Junior Lien | PCI - Home Equity, Junior Lien | PCI - Home Equity, Junior Lien, Lines of Credit | PCI - Home Equity, Junior Lien, Lines of Credit | PCI - Home Equity, Junior Lien, Lines of Credit | PCI - Home Equity, Junior Lien, Lines of Credit | PCI - Home Equity, Junior Lien, Lines of Credit | PCI - Home Equity, Junior Lien, Lines of Credit | PCI - Home Equity, Junior Lien, Lines of Credit | PCI - Home Equity, Junior Lien, Lines of Credit | PCI - Home Equity, Junior Lien, Lines of Credit | PCI - Home Equity, Junior Lien, Lines of Credit | PCI - Home Equity, Junior Lien, Lines of Credit | PCI - Home Equity, Junior Lien, Lines of Credit | PCI - Home Equity, Junior Lien, Lines of Credit | PCI - Home Equity, Junior Lien, Lines of Credit | PCI - Home Equity, Junior Lien, Lines of Credit | PCI - Home Equity, Junior Lien, Lines of Credit | PCI - Home Equity, Junior Lien, Excluding Lines of Credit [Member] | PCI - Home Equity, Junior Lien, Excluding Lines of Credit [Member] | PCI - Home Equity, Junior Lien, Excluding Lines of Credit [Member] | PCI - Home Equity, Junior Lien, Excluding Lines of Credit [Member] | PCI - Home Equity, Junior Lien, Excluding Lines of Credit [Member] | PCI - Home Equity, Junior Lien, Excluding Lines of Credit [Member] | PCI - Home Equity, Junior Lien, Excluding Lines of Credit [Member] | PCI - Home Equity, Junior Lien, Excluding Lines of Credit [Member] | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Prime Mortgage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Subprime Mortage | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | PCI - Option ARMs | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate - Multifamily | Wholesale Real Estate - Multifamily | Wholesale Real Estate - Multifamily | Wholesale Real Estate - Multifamily | Wholesale Real Estate - Multifamily | Wholesale Real Estate - Multifamily | Wholesale Real Estate - Commercial Lessors | Wholesale Real Estate - Commercial Lessors | Wholesale Real Estate - Commercial Lessors | Wholesale Real Estate - Commercial Lessors | Wholesale Real Estate - Commercial Lessors | Wholesale Real Estate - Commercial Lessors | Wholesale Real Estate - Commercial Construction and Development | Wholesale Real Estate - Commercial Construction and Development | Wholesale Real Estate - Commercial Construction and Development | Wholesale Real Estate - Commercial Construction and Development | Wholesale Real Estate - Commercial Construction and Development | Wholesale Real Estate - Commercial Construction and Development | Wholesale Real Estate - Other Loans | Wholesale Real Estate - Other Loans | Wholesale Real Estate - Other Loans | Wholesale Real Estate - Other Loans | Wholesale Real Estate - Other Loans | Wholesale Real Estate - Other Loans | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | |||||||||||||
Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Regulatory Guidance Regarding Chapter 7 Loans | ARIZONA | ARIZONA | CALIFORNIA | CALIFORNIA | FLORIDA | FLORIDA | ILLINOIS | ILLINOIS | MICHIGAN | MICHIGAN | NEW JERSEY | NEW JERSEY | NEW YORK | NEW YORK | OHIO | OHIO | TEXAS | TEXAS | WASHINGTON | WASHINGTON | Other Geographical Areas | Other Geographical Areas | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Regulatory Guidance Regarding Chapter 7 Loans | ARIZONA | ARIZONA | CALIFORNIA | CALIFORNIA | FLORIDA | FLORIDA | ILLINOIS | ILLINOIS | MICHIGAN | MICHIGAN | NEW JERSEY | NEW JERSEY | NEW YORK | NEW YORK | OHIO | OHIO | TEXAS | TEXAS | WASHINGTON | WASHINGTON | Other Geographical Areas | Other Geographical Areas | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due, 30 to 89 [Member] | Days Past Due, 30 to 89 [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due 90 to 149 [Member] | Days Past Due 90 to 149 [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Regulatory Guidance Regarding Chapter 7 Loans | ARIZONA | ARIZONA | CALIFORNIA | CALIFORNIA | FLORIDA | FLORIDA | ILLINOIS | ILLINOIS | MICHIGAN | MICHIGAN | NEW JERSEY | NEW JERSEY | NEW YORK | NEW YORK | OHIO | OHIO | TEXAS | TEXAS | WASHINGTON | WASHINGTON | Other Geographical Areas | Other Geographical Areas | Home Equity Line of Credit, Amortization Status, Revolving Period [Member] | Home Equity Line of Credit, Amortization Status, Revolving Period [Member] | Home Equity Line of Credit, Amortization Status, Amortization Period [Member] | Home Equity Line of Credit, Amortization Status, Amortization Period [Member] | Days Past Due, 30 to 89 [Member] | Days Past Due, 30 to 89 [Member] | Days Past Due, 30 to 89 [Member] | Days Past Due, 30 to 89 [Member] | Days Past Due 90 to 149 [Member] | Days Past Due 90 to 149 [Member] | Days Past Due 90 to 149 [Member] | Days Past Due 90 to 149 [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 30 to 89 [Member] | Days Past Due, 30 to 89 [Member] | Days Past Due 90 to 149 [Member] | Days Past Due 90 to 149 [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Regulatory Guidance Regarding Chapter 7 Loans | ARIZONA | ARIZONA | CALIFORNIA | CALIFORNIA | FLORIDA | FLORIDA | ILLINOIS | ILLINOIS | MICHIGAN | MICHIGAN | NEW JERSEY | NEW JERSEY | NEW YORK | NEW YORK | OHIO | OHIO | TEXAS | TEXAS | WASHINGTON | WASHINGTON | Other Geographical Areas | Other Geographical Areas | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Mortgage Loans Insured or Guaranteed by US Government Agencies [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Regulatory Guidance Regarding Chapter 7 Loans | ARIZONA | ARIZONA | CALIFORNIA | CALIFORNIA | FLORIDA | FLORIDA | ILLINOIS | ILLINOIS | MICHIGAN | MICHIGAN | NEW JERSEY | NEW JERSEY | NEW YORK | NEW YORK | OHIO | OHIO | TEXAS | TEXAS | WASHINGTON | WASHINGTON | Other Geographical Areas | Other Geographical Areas | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | ARIZONA | ARIZONA | CALIFORNIA | CALIFORNIA | FLORIDA | FLORIDA | ILLINOIS | ILLINOIS | MICHIGAN | MICHIGAN | NEW JERSEY | NEW JERSEY | NEW YORK | NEW YORK | OHIO | OHIO | TEXAS | TEXAS | WASHINGTON | WASHINGTON | Other Geographical Areas | Other Geographical Areas | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | ARIZONA | ARIZONA | CALIFORNIA | CALIFORNIA | FLORIDA | FLORIDA | ILLINOIS | ILLINOIS | MICHIGAN | MICHIGAN | NEW JERSEY | NEW JERSEY | NEW YORK | NEW YORK | OHIO | OHIO | TEXAS | TEXAS | WASHINGTON | WASHINGTON | Other Geographical Areas | Other Geographical Areas | Days Past Due, 30 to 89 [Member] | Days Past Due, 30 to 89 [Member] | Days Past Due 90 to 149 [Member] | Days Past Due 90 to 149 [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Home Equity Line of Credit, Amortization Status, Revolving Period [Member] | Home Equity Line of Credit, Amortization Status, Revolving Period [Member] | Home Equity Line of Credit, Amortization Status, Amortization Period [Member] | Home Equity Line of Credit, Amortization Status, Amortization Period [Member] | Days Past Due, 30 to 89 [Member] | Days Past Due, 30 to 89 [Member] | Days Past Due, 30 to 89 [Member] | Days Past Due, 30 to 89 [Member] | Days Past Due 90 to 149 [Member] | Days Past Due 90 to 149 [Member] | Days Past Due 90 to 149 [Member] | Days Past Due 90 to 149 [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 30 to 89 [Member] | Days Past Due, 30 to 89 [Member] | Days Past Due 90 to 149 [Member] | Days Past Due 90 to 149 [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | ARIZONA | ARIZONA | CALIFORNIA | CALIFORNIA | FLORIDA | FLORIDA | ILLINOIS | ILLINOIS | MICHIGAN | MICHIGAN | NEW JERSEY | NEW JERSEY | NEW YORK | NEW YORK | OHIO | OHIO | TEXAS | TEXAS | WASHINGTON | WASHINGTON | Other Geographical Areas | Other Geographical Areas | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | ARIZONA | ARIZONA | CALIFORNIA | CALIFORNIA | FLORIDA | FLORIDA | ILLINOIS | ILLINOIS | MICHIGAN | MICHIGAN | NEW JERSEY | NEW JERSEY | NEW YORK | NEW YORK | OHIO | OHIO | TEXAS | TEXAS | WASHINGTON | WASHINGTON | Other Geographical Areas | Other Geographical Areas | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Equal to or Greater than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | Refreshed FICO Scores Less than 660 [Member] | ARIZONA | ARIZONA | CALIFORNIA | CALIFORNIA | FLORIDA | FLORIDA | ILLINOIS | ILLINOIS | MICHIGAN | MICHIGAN | NEW JERSEY | NEW JERSEY | NEW YORK | NEW YORK | OHIO | OHIO | TEXAS | TEXAS | WASHINGTON | WASHINGTON | Other Geographical Areas | Other Geographical Areas | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due 30 to 119 [Member] | Days Past Due 30 to 119 [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 120 or More [Member] | Days Past Due, 120 or More [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Student and Other Loans Insured or Guaranteed by U.S. Government Agencies [Member] | Student and Other Loans Insured or Guaranteed by U.S. Government Agencies [Member] | Student and Other Loans Insured or Guaranteed by U.S. Government Agencies [Member] | Student and Other Loans Insured or Guaranteed by U.S. Government Agencies [Member] | Student and Other Loans Insured or Guaranteed by U.S. Government Agencies [Member] | Student and Other Loans Insured or Guaranteed by U.S. Government Agencies [Member] | Student and Other Loans Insured or Guaranteed by U.S. Government Agencies [Member] | Student and Other Loans Insured or Guaranteed by U.S. Government Agencies [Member] | Student and Other Loans Insured or Guaranteed by U.S. Government Agencies [Member] | Student and Other Loans Insured or Guaranteed by U.S. Government Agencies [Member] | Noncriticized [Member] | Noncriticized [Member] | Criticized Performing [Member] | Criticized Performing [Member] | Criticized Nonaccrual [Member] | Criticized Nonaccrual [Member] | ARIZONA | ARIZONA | CALIFORNIA | CALIFORNIA | FLORIDA | FLORIDA | ILLINOIS | ILLINOIS | MICHIGAN | MICHIGAN | NEW JERSEY | NEW JERSEY | NEW YORK | NEW YORK | OHIO | OHIO | TEXAS | TEXAS | WASHINGTON | WASHINGTON | Other Geographical Areas | Other Geographical Areas | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | 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| Days Past Due 30 to 119 [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 120 or More [Member] | Days Past Due, 120 or More [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Noncriticized [Member] | Noncriticized [Member] | Criticized Performing [Member] | Criticized Performing [Member] | Criticized Nonaccrual [Member] | Criticized Nonaccrual [Member] | ARIZONA | ARIZONA | CALIFORNIA | CALIFORNIA | FLORIDA | FLORIDA | ILLINOIS | ILLINOIS | MICHIGAN | MICHIGAN | NEW JERSEY | NEW JERSEY | NEW YORK | NEW YORK | OHIO | OHIO | TEXAS | TEXAS | WASHINGTON | WASHINGTON | Other Geographical Areas | Other Geographical Areas | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due 30 to 119 [Member] | Days Past Due 30 to 119 [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 120 or More [Member] | Days Past Due, 120 or More [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Student and Other Loans Insured or Guaranteed by U.S. Government Agencies [Member] | Student and Other Loans Insured or Guaranteed by U.S. Government Agencies [Member] | ARIZONA | ARIZONA | CALIFORNIA | CALIFORNIA | FLORIDA | FLORIDA | ILLINOIS | ILLINOIS | MICHIGAN | MICHIGAN | NEW JERSEY | NEW JERSEY | NEW YORK | NEW YORK | OHIO | OHIO | TEXAS | TEXAS | WASHINGTON | WASHINGTON | Other Geographical Areas | Other Geographical Areas | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due, 30 to 89, and Still Accruing [Member] | Days Past Due, 30 to 89, and Still Accruing [Member] | Days Past Due 30 or More [Member] | Days Past Due, 90 or More [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Nonaccrual [Member] | Nonaccrual [Member] | CALIFORNIA | CALIFORNIA | FLORIDA | FLORIDA | ILLINOIS | ILLINOIS | MICHIGAN | MICHIGAN | NEW JERSEY | NEW JERSEY | NEW YORK | NEW YORK | OHIO | OHIO | PENNSYLVANIA | PENNSYLVANIA | TEXAS | TEXAS | VIRGINIA | VIRGINIA | Other Geographical Areas | Other Geographical Areas | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due, 30 to 89, and Still Accruing [Member] | Days Past Due, 30 to 89, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Investment Grade [Member] | Investment Grade [Member] | Noninvestment Grade [Member] | Noninvestment Grade [Member] | Noncriticized [Member] | Noncriticized [Member] | Criticized Performing [Member] | Criticized Performing [Member] | Criticized Nonaccrual [Member] | Criticized Nonaccrual [Member] | UNITED STATES | UNITED STATES | Total Non-U.S. [Member] | Total Non-U.S. [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due, 30 to 89, and Still Accruing [Member] | Days Past Due, 30 to 89, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Investment Grade [Member] | Investment Grade [Member] | Noninvestment Grade [Member] | Noninvestment Grade [Member] | Noncriticized [Member] | Noncriticized [Member] | Criticized Performing [Member] | Criticized Performing [Member] | Criticized Nonaccrual [Member] | Criticized Nonaccrual [Member] | UNITED STATES | UNITED STATES | Total Non-U.S. [Member] | Total Non-U.S. [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due, 30 to 89, and Still Accruing [Member] | Days Past Due, 30 to 89, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Investment Grade [Member] | Investment Grade [Member] | Noninvestment Grade [Member] | Noninvestment Grade [Member] | Noncriticized [Member] | Noncriticized [Member] | Criticized [Member] | Criticized [Member] | Criticized Performing [Member] | Criticized Performing [Member] | Criticized Nonaccrual [Member] | Criticized Nonaccrual [Member] | UNITED STATES | UNITED STATES | Total Non-U.S. [Member] | Total Non-U.S. [Member] | Criticized [Member] | Criticized [Member] | Criticized Nonaccrual [Member] | Criticized Nonaccrual [Member] | Criticized [Member] | Criticized [Member] | Criticized Nonaccrual [Member] | Criticized Nonaccrual [Member] | Criticized [Member] | Criticized [Member] | Criticized Nonaccrual [Member] | Criticized Nonaccrual [Member] | Criticized [Member] | Criticized [Member] | Criticized Nonaccrual [Member] | Criticized Nonaccrual [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due, 30 to 89, and Still Accruing [Member] | Days Past Due, 30 to 89, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Investment Grade [Member] | Investment Grade [Member] | Noninvestment Grade [Member] | Noninvestment Grade [Member] | Noncriticized [Member] | Noncriticized [Member] | Criticized Performing [Member] | Criticized Performing [Member] | Criticized Nonaccrual [Member] | Criticized Nonaccrual [Member] | UNITED STATES | UNITED STATES | Total Non-U.S. [Member] | Total Non-U.S. [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due, 30 to 89, and Still Accruing [Member] | Days Past Due, 30 to 89, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Investment Grade [Member] | Investment Grade [Member] | Noninvestment Grade [Member] | Noninvestment Grade [Member] | Noncriticized [Member] | Noncriticized [Member] | Criticized Performing [Member] | Criticized Performing [Member] | Criticized Nonaccrual [Member] | Criticized Nonaccrual [Member] | UNITED STATES | UNITED STATES | Total Non-U.S. [Member] | Total Non-U.S. [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due, 30 to 89, and Still Accruing [Member] | Days Past Due, 30 to 89, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Investment Grade [Member] | Investment Grade [Member] | Noninvestment Grade [Member] | Noninvestment Grade [Member] | Noncriticized [Member] | Noncriticized [Member] | Criticized Performing [Member] | Criticized Performing [Member] | Criticized Nonaccrual [Member] | Criticized Nonaccrual [Member] | UNITED STATES | UNITED STATES | Total Non-U.S. [Member] | Total Non-U.S. [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 30 to 149 [Member] | Days Past Due, 90 or More [Member] | Days Past Due, 90 or More [Member] | Days Past Due, 90 or More, and Still Accruing [Member] | Days Past Due, 150 or More [Member] | Days Past Due, 150 or More [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Days Past Due 30 or More [Member] | Days Past Due, 90 or More [Member] | Days Past Due, 90 or More [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | 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Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Home Equity Line of Credit, Amortization Status, Revolving Period [Member] | Home Equity Line of Credit, Amortization Status, Revolving Period [Member] | Home Equity Line of Credit, Amortization Status, Amortization Period [Member] | Home Equity Line of Credit, Amortization Status, Amortization Period [Member] | Home Equity Line of Credit, Amortization Status, Revolving Period [Member] | Home Equity Line of Credit, Amortization Status, Revolving Period [Member] | Home Equity Line of Credit, Amortization Status, Amortization Period [Member] | Home Equity Line of Credit, Amortization Status, Amortization Period [Member] | Home Equity Line of Credit, Amortization Status, Revolving Period [Member] | Home Equity Line of Credit, Amortization Status, Revolving Period [Member] | Home Equity Line of Credit, Amortization Status, Amortization Period [Member] | Home Equity Line of Credit, Amortization Status, Amortization Period [Member] | Days Past Due 30 or More [Member] | Days Past Due 30 or More [Member] | Days Past Due, 90 or More [Member] | Days Past Due, 90 or More [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Days Past Due, 90 or More [Member] | Days Past Due, 90 or More [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 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Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Greater than 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 101 and 125 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Between 80 and 100 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current Estimated LTV Ratio Less than 80 Percent [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Current, and Less Than 30 Days Past Due, and Still Accruing [Member] | Days Past Due 30 to 119 [Member] | Days Past Due 30 to 119 [Member] | Days Past Due 30 to 119 [Member] | Days Past Due 30 to 119 [Member] | Days Past Due, 30 or More, and Still Accruing [Member] | Days Past Due, 120 or More [Member] | Days Past Due, 120 or More [Member] | Days Past Due, 120 or More [Member] | Days Past Due, 30 or More, and Still Accruing [Member] | Days Past Due, 30 or More, and Still Accruing [Member] | 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Maximum | Maximum | Minimum | Minimum | Maximum | Minimum | Minimum | Minimum | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financing Receivable, Recorded Investment, Credit Quality Indicator [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loans Receivable Held for Investment, Net of Deferred Income | $722,471 | $726,835 | $717,086 | $288,211 | $292,620 | $295,079 | $288,211 | $292,620 | $152,268 | $151,896 | $137,426 | $133,605 | $4,564 | $5,254 | $0 | $0 | $10,278 | $13,037 | $7,457 | $8,460 | $13,850 | $15,602 | $4,000 | $3,800 | $2,300 | $2,300 | $8,763 | $10,625 | ' | $7,600 | $9,500 | $5,500 | $6,800 | $3,291 | $7,567 | $7,807 | $11,734 | $14,966 | $18,902 | $88,826 | $72,314 | $1,227 | $3,075 | $3,349 | $4,523 | $5,534 | $6,227 | $13,418 | $11,952 | ' | $4,429 | $4,661 | $34,340 | $32,534 | $8,618 | $8,867 | $9,517 | $8,945 | $2,999 | $3,148 | $6,163 | $6,020 | $26,010 | $24,871 | $2,907 | $3,201 | $7,043 | $7,195 | $4,067 | $4,198 | $46,175 | $48,256 | $17,621 | $19,385 | $16,987 | $18,688 | $282 | $330 | $0 | $0 | $352 | $367 | $926 | $931 | $0 | $0 | $0 | $0 | $59 | $197 | $262 | $491 | $983 | $1,502 | $13,403 | $13,988 | $33 | $93 | $123 | $191 | $353 | $485 | $2,405 | $2,438 | ' | $1,053 | $1,183 | $2,469 | $2,786 | $865 | $892 | $1,280 | $1,358 | $824 | $910 | $639 | $652 | $2,785 | $2,847 | $1,342 | $1,514 | $2,134 | $2,508 | $575 | $651 | $3,655 | $4,084 | $42,204 | $48,000 | $41,334 | $46,805 | $494 | $687 | $648 | $960 | $154 | $273 | $0 | $0 | $222 | $235 | $1,922 | $2,277 | $0 | $0 | ' | ' | $0 | $0 | ' | $1,632 | $4,561 | $5,285 | $7,089 | $8,388 | $9,604 | $19,324 | $18,252 | $504 | $1,338 | $1,584 | $1,971 | $2,206 | $2,279 | $3,281 | $2,906 | ' | $1,892 | $2,151 | $9,597 | $10,969 | $2,238 | $2,572 | $2,910 | $3,265 | $1,015 | $1,169 | $2,512 | $2,838 | $8,699 | $9,753 | $945 | $1,091 | $1,250 | $1,503 | $1,432 | $1,629 | $9,714 | $11,060 | $33,645 | $40,794 | $4,397 | $2,127 | $344 | $514 | $64 | $48 | $112 | $196 | $14 | $19 | $161 | $185 | $41 | $27 | $4,162 | $5,079 | $86 | $125 | $28 | $58 | $20 | $23 | $85,067 | $76,256 | $72,940 | $61,439 | $2,997 | $3,237 | $0 | $0 | $9,130 | $11,580 | $3,124 | $3,445 | $13,850 | $15,602 | $9,900 | $11,800 | $8,763 | $10,625 | $1,520 | $2,573 | $1,962 | $3,697 | $4,957 | $7,070 | $54,221 | $38,281 | $416 | $991 | $923 | $1,376 | $1,765 | $2,117 | $5,453 | $4,549 | ' | $1,334 | $1,162 | $21,183 | $17,539 | $4,590 | $4,372 | $5,036 | $3,999 | $977 | $866 | $2,659 | $2,131 | $13,552 | $11,190 | $449 | $405 | $3,428 | $2,927 | $1,905 | $1,741 | $29,954 | $29,924 | $7,376 | $8,255 | $6,165 | $6,673 | $637 | $727 | $0 | $0 | $574 | $855 | $1,485 | $1,807 | $0 | $0 | $0 | $0 | $80 | $236 | $298 | $457 | $638 | $726 | $1,878 | $1,793 | $274 | $653 | $719 | $985 | $1,210 | $1,346 | $2,279 | $2,059 | ' | $150 | $165 | $1,091 | $1,240 | $925 | $1,031 | $291 | $323 | $183 | $203 | $353 | $399 | $974 | $1,081 | $171 | $191 | $231 | $257 | $155 | $177 | $2,852 | $3,188 | $54,759 | $59,737 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $19,411 | $20,971 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $16,049 | $17,666 | $327 | $428 | $120 | $206 | $665 | $655 | $13,156 | $15,915 | $1,961 | $666 | $251 | $361 | $50 | $30 | $92 | $175 | $17 | $13 | $561 | $591 | $63 | $20 | $932 | $1,085 | $26 | $37 | $11 | $18 | $41 | $44 | $12,487 | $13,674 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $4,297 | $4,626 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $18,564 | $20,466 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $81,184 | $80,987 | $79,233 | $78,810 | $1,390 | $1,588 | $456 | $525 | $561 | $589 | $619 | $714 | $5,000 | $5,400 | $395 | $466 | ' | ' | ' | $374 | $428 | ' | $21,815 | $22,218 | $786 | $843 | $340 | $390 | $3,066 | $3,123 | $8,570 | $8,053 | $3,038 | $3,005 | $4,816 | $4,890 | $3,711 | $4,007 | $2,765 | $2,709 | $7,933 | $7,925 | $4,309 | $4,675 | $8,431 | $8,379 | $1,373 | $1,313 | $33,172 | $32,908 | $50,810 | $49,913 | $50,337 | $49,290 | $467 | $616 | $0 | $0 | $6 | $7 | $125 | $163 | $8,443 | $8,882 | $83 | $130 | $2 | $4 | $1,803 | $1,719 | $5,384 | $4,962 | $1,900 | $1,922 | $2,760 | $2,738 | $1,932 | $2,091 | $1,987 | $1,921 | $3,757 | $3,742 | $2,219 | $2,462 | $4,945 | $4,739 | $932 | $824 | $23,191 | $22,793 | $18,710 | $18,883 | $18,292 | $18,482 | $253 | $263 | $0 | $0 | $165 | $138 | $413 | $481 | $13,372 | $13,336 | $703 | $713 | $338 | $386 | $1,006 | $1,139 | $2,076 | $1,983 | $599 | $527 | $1,317 | $1,404 | $1,257 | $1,368 | $382 | $379 | $2,963 | $2,981 | $1,370 | $1,443 | $2,613 | $2,749 | $220 | $202 | $4,907 | $4,708 | $11,664 | $12,191 | $10,604 | $11,038 | $670 | $709 | $456 | $525 | $390 | $444 | $81 | $70 | $769 | $894 | $257 | $265 | $1,110 | $1,108 | $539 | $556 | $739 | $748 | $522 | $548 | $396 | $409 | $1,213 | $1,202 | $720 | $770 | $873 | $891 | $221 | $287 | $5,074 | $5,407 | $123,672 | $127,993 | $124,431 | $123,672 | $127,993 | $121,587 | $125,309 | $1,111 | $1,381 | ' | ' | $973 | $1,302 | $1 | $1 | $16,567 | $17,115 | $6,922 | $7,231 | $7,218 | $7,399 | $3,578 | $3,745 | $5,381 | $5,503 | $10,235 | $10,379 | $4,757 | $4,956 | $4,321 | $4,549 | $10,095 | $10,209 | $3,067 | $3,193 | $51,531 | $53,714 | $310,588 | $306,222 | $297,576 | $310,588 | $306,222 | $308,727 | $302,692 | $842 | $1,958 | $69 | $138 | $950 | $1,434 | $226,809 | $214,446 | $83,779 | $91,776 | $77,384 | $83,248 | $5,445 | $7,094 | $950 | $1,434 | $205,595 | $201,866 | $104,993 | $104,356 | $110,906 | $109,865 | $110,409 | $109,019 | $152 | $119 | $8 | $19 | $337 | $708 | $62,491 | $61,870 | $48,415 | $47,995 | $45,679 | $44,651 | $2,399 | $2,636 | $337 | $708 | $74,792 | $74,371 | $36,114 | $35,494 | $67,033 | $60,740 | $66,527 | $59,829 | $79 | $322 | $21 | $69 | $406 | $520 | $50,758 | $41,796 | $16,275 | $18,944 | $13,316 | $14,567 | $2,959 | $4,377 | $2,553 | $3,857 | $406 | $520 | $65,590 | $59,207 | $1,443 | $1,533 | $42,704 | $38,030 | $1,313 | $2,118 | $227 | $249 | $15,474 | $14,668 | $1,524 | $1,951 | $165 | $207 | $3,611 | $2,989 | $87 | $119 | $6 | $21 | $5,244 | $5,053 | $35 | $189 | $8 | $43 | $36,824 | $36,227 | $36,752 | $36,151 | $36 | $62 | $10 | $6 | $26 | $8 | $29,167 | $22,064 | $7,657 | $14,163 | $7,324 | $13,760 | $307 | $395 | $26 | $8 | $11,042 | $9,901 | $25,782 | $26,326 | $9,197 | $9,544 | $9,188 | $9,516 | $8 | $28 | $0 | $0 | $1 | $0 | $8,782 | $9,183 | $415 | $361 | $411 | $356 | $3 | $5 | $1 | $0 | $7,786 | $7,962 | $1,411 | $1,582 | $86,628 | $89,846 | $85,851 | $88,177 | $567 | $1,427 | $30 | $44 | $180 | $198 | $75,611 | $79,533 | $11,017 | $10,313 | $10,654 | $9,914 | $183 | $201 | $180 | $198 | $46,385 | $50,425 | $40,243 | $39,421 |
Period Past Due, Credit Analysis Factors, Charge off Criteria | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '90 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '30 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '180 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '149 days | '30 days | ' | ' | '150 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Home Equity Line of Credit, Open-Ended Revolving Period | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '10 years | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '10 years | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Home Equity Line of Credit, Amortization Period | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '20 years | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loans, Charge-off Criteria, Period Past Due | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '119 days | '30 days | '30 days | ' | ' | '120 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '30 days | '90 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Allowance for Loan Losses | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4,961 | 5,711 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,758 | 1,908 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,929 | 1,929 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 380 | 380 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 894 | 1,494 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Outstanding Balance | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $58,571 | $65,144 | $49,091 | $52,022 | $2,733 | $3,555 | $6,747 | $9,567 | $2,753 | $7,958 | $7,096 | $11,649 | $11,235 | $9,613 | $12,196 | $6,759 | $2,940 | $7,822 | $6,096 | $8,537 | $7,763 | $6,839 | $8,492 | $5,967 | $938 | $1,033 | $31,499 | $34,703 | $5,367 | $6,208 | $1,635 | $1,860 | $618 | $679 | $1,714 | $1,938 | $3,675 | $4,047 | $250 | $287 | $890 | $1,019 | $1,982 | $2,248 | $10,003 | $11,122 | $20,412 | $22,343 | $18,679 | $20,331 | $577 | $803 | $1,156 | $1,209 | $1,729 | $4,508 | $3,766 | $4,966 | $4,370 | $3,531 | $4,462 | $2,524 | $927 | $2,344 | $1,758 | $2,098 | $1,704 | $1,305 | $1,696 | $1,067 | $370 | $408 | $12,298 | $13,493 | $1,911 | $2,054 | $463 | $502 | $63 | $70 | $390 | $423 | $989 | $1,067 | $24 | $27 | $340 | $385 | $1,106 | $1,215 | $2,458 | $2,699 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $12,380 | $13,884 | $10,403 | $11,078 | $584 | $740 | $1,393 | $2,066 | $416 | $1,478 | $1,397 | $2,968 | $2,797 | $1,872 | $2,381 | $1,356 | $471 | $1,449 | $1,233 | $1,983 | $1,796 | $1,378 | $1,889 | $1,400 | $193 | $215 | $7,111 | $7,877 | $884 | $1,023 | $371 | $433 | $194 | $211 | $354 | $401 | $839 | $927 | $58 | $71 | $110 | $148 | $277 | $328 | $1,989 | $2,250 | $5,693 | $6,326 | $4,146 | $4,198 | $620 | $698 | $927 | $1,430 | $167 | $375 | $361 | $434 | $502 | $416 | $444 | $255 | $623 | $1,300 | $1,046 | $1,256 | $1,204 | $1,182 | $1,346 | $1,108 | $97 | $105 | $1,329 | $1,444 | $564 | $651 | $295 | $338 | $150 | $163 | $226 | $260 | $588 | $649 | $89 | $100 | $337 | $368 | $118 | $142 | $1,900 | $2,106 | $20,086 | $22,591 | $15,863 | $16,415 | $952 | $1,314 | $3,271 | $4,862 | $441 | $1,597 | $1,572 | $3,281 | $3,566 | $3,794 | $4,909 | $2,624 | $919 | $2,729 | $2,059 | $3,200 | $3,059 | $2,974 | $3,561 | $2,392 | $278 | $305 | $10,761 | $11,889 | $2,008 | $2,480 | $506 | $587 | $211 | $235 | $744 | $854 | $1,259 | $1,404 | $79 | $89 | $103 | $118 | $481 | $563 | $3,656 | $4,067 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Recorded Investment, Credit Quality Indicator, Ratios [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of Principal Balance Insured and Interest Guaranteed | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of Loans Thirty Plus Days Past Due to Total Retained Loans | ' | ' | ' | ' | ' | ' | ' | ' | 3.26% | 4.28% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3.60% | 3.60% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 21.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.06% | 2.49% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 11.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1.83% | 2.19% | 2.71% | 4.42% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3.22% | 4.06% | ' | ' | ' | ' | ' | ' | 2.64% | 3.97% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 35.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 16.42% | 19.16% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 24.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6.93% | 7.30% | ' | ' | ' | ' | ' | ' | 6.87% | 7.08% | 6.63% | 9.46% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 8.37% | 9.12% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1.46% | 1.58% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.93% | 1.25% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.23% | 2.12% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.49% | 2.12% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1.69% | 2.10% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of Loans Thirty Plus Days Past Due to Total Unpaid Principal Balance | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 16.19% | 20.14% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 8.49% | 9.01% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 15.97% | 20.21% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 27.17% | 33.64% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 21.02% | 27.34% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of Criticized Loans to Total Retained Loans | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.06% | 2.78% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.47% | 3.04% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4.41% | 7.21% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3.07% | 5.57% | ' | ' | ' | ' | 9.85% | 13.30% | ' | ' | ' | ' | 2.41% | 3.98% | ' | ' | ' | ' | 0.67% | 3.74% | ' | ' | ' | ' | 0.90% | 1.11% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.04% | 0.05% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.42% | 0.44% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of Loans on Nonaccrual Status to Total Retained Loans | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.31% | 0.47% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.30% | 0.64% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.61% | 0.86% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.53% | 0.65% | ' | ' | ' | ' | 1.07% | 1.41% | ' | ' | ' | ' | 0.17% | 0.70% | ' | ' | ' | ' | 0.15% | 0.85% | ' | ' | ' | ' | 0.07% | 0.02% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.01% | 0.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.21% | 0.22% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of Loans Ninety Plus Days Past Due to Total Retained Loans | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.79% | 1.02% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of Loans with FICO Scores of 660 Or Greater to Total Retained Loans | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 84.90% | 84.10% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of Loans with FICO Scores Less than 660 to Total Retained Loans | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 15.10% | 15.90% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of Senior Liens to Total Financing Receivables | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 21.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loans_Impaired_Details
Loans - Impaired (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Jun. 30, 2013 | Dec. 31, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Jun. 30, 2013 | Dec. 31, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Jun. 30, 2013 | Dec. 31, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Jun. 30, 2013 | Dec. 31, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Jun. 30, 2013 | Dec. 31, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Jun. 30, 2013 | Dec. 31, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Jun. 30, 2013 | Dec. 31, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Jun. 30, 2013 | Dec. 31, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Jun. 30, 2013 | Dec. 31, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Jun. 30, 2013 | Dec. 31, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Jun. 30, 2013 | Dec. 31, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 |
Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | ||||
Minimum | Consumer Loan Excluding Credit Card | Consumer Loan Excluding Credit Card | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Financial Institutions, Government Agencies and Other Wholesale | Financial Institutions, Government Agencies and Other Wholesale | Financial Institutions, Government Agencies and Other Wholesale | Financial Institutions, Government Agencies and Other Wholesale | Financial Institutions, Government Agencies and Other Wholesale | Financial Institutions, Government Agencies and Other Wholesale | Financial Institutions, Government Agencies and Other Wholesale | Financial Institutions, Government Agencies and Other Wholesale | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | |||||||||||||||
loan_payment | Days Past Due, 60 or More, with Notification of Bankruptcy Filing or Other Event [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Minimum | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Completion of Short Term Modification [Member] | Completion of Short Term Modification [Member] | Noncompliance With Modified Terms [Member] | Noncompliance With Modified Terms [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Regulatory Guidance Regarding Chapter 7 Loans | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financing Receivable, Impaired [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Payments Under Modified Terms to Recognize Interest on Cash Basis | ' | ' | ' | ' | ' | ' | 6 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Rate of Default for Modified Loans, Estimated Weighted Average | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 19.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 31.56% | ' | 38.23% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Impaired Financing Receivable, Recorded Investment [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Impaired Financing Receivable, with Related Allowance, Recorded Investment | ' | ' | ' | ' | ' | ' | ' | ' | ' | $10,507,000,000 | ' | $10,507,000,000 | ' | ' | $10,100,000,000 | ' | ' | ' | ' | ' | ' | $583,000,000 | ' | $583,000,000 | ' | ' | $542,000,000 | ' | ' | ' | ' | $715,000,000 | ' | $715,000,000 | ' | ' | $677,000,000 | ' | ' | ' | ' | $6,155,000,000 | ' | $6,155,000,000 | ' | ' | $5,810,000,000 | ' | ' | ' | ' | $3,054,000,000 | ' | $3,054,000,000 | ' | ' | $3,071,000,000 | ' | ' | ' | ' | ' | ' | $573,000,000 | ' | $573,000,000 | ' | ' | $621,000,000 | ' | ' | ' | ' | $63,000,000 | ' | $63,000,000 | ' | ' | $78,000,000 | ' | ' | ' | ' | $510,000,000 | ' | $510,000,000 | ' | ' | $543,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $708,000,000 | ' | $708,000,000 | ' | ' | $1,091,000,000 | ' | ' | ' | ' | ' | $287,000,000 | ' | $287,000,000 | ' | ' | $588,000,000 | ' | ' | ' | ' | ' | $294,000,000 | ' | $294,000,000 | ' | ' | $375,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $14,000,000 | ' | $14,000,000 | ' | $6,000,000 | ' | ' | $1,000,000 | ' | $1,000,000 | ' | $0 | ' | ' | $112,000,000 | ' | $112,000,000 | ' | $122,000,000 | ' | ' |
Impaired Financing Receivable, with No Related Allowance, Recorded Investment | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3,016,000,000 | ' | 3,016,000,000 | ' | ' | 3,145,000,000 | ' | ' | ' | ' | ' | ' | 572,000,000 | ' | 572,000,000 | ' | ' | 550,000,000 | ' | ' | ' | ' | 594,000,000 | ' | 594,000,000 | ' | ' | 546,000,000 | ' | ' | ' | ' | 1,134,000,000 | ' | 1,134,000,000 | ' | ' | 1,308,000,000 | ' | ' | ' | ' | 716,000,000 | ' | 716,000,000 | ' | ' | 741,000,000 | ' | ' | ' | ' | ' | ' | 53,000,000 | ' | 53,000,000 | ' | ' | 72,000,000 | ' | ' | ' | ' | 53,000,000 | ' | 53,000,000 | ' | ' | 72,000,000 | ' | ' | ' | ' | 0 | ' | 0 | ' | ' | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 264,000,000 | ' | 264,000,000 | ' | ' | 384,000,000 | ' | ' | ' | ' | ' | 49,000,000 | ' | 49,000,000 | ' | ' | 173,000,000 | ' | ' | ' | ' | ' | 132,000,000 | ' | 132,000,000 | ' | ' | 133,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 12,000,000 | ' | 12,000,000 | ' | 2,000,000 | ' | ' | 0 | ' | 0 | ' | 0 | ' | ' | 71,000,000 | ' | 71,000,000 | ' | 76,000,000 | ' | ' |
Financing Receivable, Modifications, Recorded Investment | ' | ' | ' | ' | ' | ' | ' | ' | ' | 13,523,000,000 | 13,157,000,000 | 13,523,000,000 | 13,157,000,000 | 13,603,000,000 | 13,245,000,000 | 10,898,000,000 | 9,088,000,000 | ' | ' | ' | ' | 1,155,000,000 | 1,123,000,000 | 1,155,000,000 | 1,123,000,000 | 1,160,000,000 | 1,092,000,000 | 560,000,000 | 335,000,000 | ' | ' | 1,309,000,000 | 1,160,000,000 | 1,309,000,000 | 1,160,000,000 | 1,315,000,000 | 1,223,000,000 | 762,000,000 | 657,000,000 | ' | ' | 7,289,000,000 | 7,050,000,000 | 7,289,000,000 | 7,050,000,000 | 7,303,000,000 | 7,118,000,000 | 6,092,000,000 | 4,877,000,000 | ' | ' | 3,770,000,000 | 3,824,000,000 | 3,770,000,000 | 3,824,000,000 | 3,825,000,000 | 3,812,000,000 | 3,484,000,000 | 3,219,000,000 | ' | ' | ' | ' | 415,000,000 | 516,000,000 | 415,000,000 | 516,000,000 | 448,000,000 | 502,000,000 | 452,000,000 | 503,000,000 | 223,000,000 | 312,000,000 | 116,000,000 | 164,000,000 | 116,000,000 | 164,000,000 | 124,000,000 | 150,000,000 | 86,000,000 | 88,000,000 | 83,000,000 | 109,000,000 | 299,000,000 | 352,000,000 | 299,000,000 | 352,000,000 | 324,000,000 | 352,000,000 | 366,000,000 | 415,000,000 | 140,000,000 | 203,000,000 | ' | ' | ' | 3,061,000,000 | ' | 3,061,000,000 | ' | 4,189,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 206,000,000 | 520,000,000 | 206,000,000 | 520,000,000 | 254,000,000 | 696,000,000 | 615,000,000 | 750,000,000 | 173,000,000 | ' | 414,000,000 | 79,000,000 | 377,000,000 | 79,000,000 | 377,000,000 | 109,000,000 | 575,000,000 | 464,000,000 | 531,000,000 | 79,000,000 | ' | 304,000,000 | 102,000,000 | 122,000,000 | 102,000,000 | 122,000,000 | 111,000,000 | 99,000,000 | 121,000,000 | 176,000,000 | 69,000,000 | ' | 90,000,000 | 25,000,000 | 34,000,000 | 22,000,000 | 21,000,000 | 30,000,000 | 43,000,000 | 25,000,000 | 20,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loans and Leases Receivable, Impaired, Reverted to Original Payment Terms Amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 407,000,000 | ' | 407,000,000 | ' | 573,000,000 | 162,000,000 | 232,000,000 | 245,000,000 | 341,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Impaired Financing Receivable, Recorded Investment | ' | ' | ' | ' | ' | ' | ' | ' | ' | 13,523,000,000 | ' | 13,523,000,000 | ' | ' | 13,245,000,000 | ' | ' | ' | 4,501,000,000 | 4,402,000,000 | ' | 1,155,000,000 | ' | 1,155,000,000 | ' | ' | 1,092,000,000 | ' | ' | 637,000,000 | 607,000,000 | 1,309,000,000 | ' | 1,309,000,000 | ' | ' | 1,223,000,000 | ' | ' | 666,000,000 | 599,000,000 | 7,289,000,000 | ' | 7,289,000,000 | ' | ' | 7,118,000,000 | ' | ' | 2,017,000,000 | 1,888,000,000 | 3,770,000,000 | ' | 3,770,000,000 | ' | ' | 3,812,000,000 | ' | ' | 1,181,000,000 | 1,308,000,000 | ' | ' | 626,000,000 | ' | 626,000,000 | ' | ' | 693,000,000 | ' | ' | 434,000,000 | 503,000,000 | 116,000,000 | ' | 116,000,000 | ' | ' | 150,000,000 | ' | ' | 83,000,000 | 109,000,000 | 510,000,000 | ' | 510,000,000 | ' | ' | 543,000,000 | ' | ' | 351,000,000 | 394,000,000 | ' | ' | ' | 3,468,000,000 | ' | 3,468,000,000 | ' | 4,762,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 972,000,000 | ' | 972,000,000 | ' | ' | 1,475,000,000 | ' | ' | ' | ' | ' | 336,000,000 | ' | 336,000,000 | ' | ' | 761,000,000 | ' | ' | ' | ' | ' | 426,000,000 | ' | 426,000,000 | ' | ' | 508,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 26,000,000 | ' | 26,000,000 | ' | 8,000,000 | ' | ' | 1,000,000 | ' | 1,000,000 | ' | 0 | ' | ' | 183,000,000 | ' | 183,000,000 | ' | 198,000,000 | ' | ' |
Impaired Financing Receivable, Related Allowance | ' | ' | ' | ' | ' | ' | ' | ' | ' | 565,000,000 | ' | 565,000,000 | ' | ' | 591,000,000 | ' | ' | ' | ' | ' | ' | 117,000,000 | ' | 117,000,000 | ' | ' | 159,000,000 | ' | ' | ' | ' | 185,000,000 | ' | 185,000,000 | ' | ' | 188,000,000 | ' | ' | ' | ' | 164,000,000 | ' | 164,000,000 | ' | ' | 70,000,000 | ' | ' | ' | ' | 99,000,000 | ' | 99,000,000 | ' | ' | 174,000,000 | ' | ' | ' | ' | ' | ' | 124,000,000 | ' | 124,000,000 | ' | ' | 138,000,000 | ' | ' | ' | ' | 10,000,000 | ' | 10,000,000 | ' | ' | 12,000,000 | ' | ' | ' | ' | 114,000,000 | ' | 114,000,000 | ' | ' | 126,000,000 | ' | ' | ' | ' | ' | ' | ' | 1,080,000,000 | ' | 1,080,000,000 | ' | 1,681,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 209,000,000 | ' | 209,000,000 | ' | ' | 319,000,000 | ' | ' | ' | ' | ' | 97,000,000 | ' | 97,000,000 | ' | ' | 205,000,000 | ' | ' | ' | ' | ' | 69,000,000 | ' | 69,000,000 | ' | ' | 82,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 15,000,000 | ' | 15,000,000 | ' | 2,000,000 | ' | ' | 0 | ' | 0 | ' | 0 | ' | ' | 28,000,000 | ' | 28,000,000 | ' | 30,000,000 | ' | ' |
Modified Loans Repurchased From U S Government Agencies Excluded From Troubled Debt Restructurings | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7,300,000,000 | 7,500,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loans and Leases Receivable, Impaired, Troubled Debt Restructurings Not Having Yet Made Six Payments | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3,200,000,000 | ' | 3,200,000,000 | ' | ' | 2,900,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Period Past Due, Credit Analysis Factors, Charge off Criteria | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '90 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '180 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loans Receivable Held for Investment, Net of Deferred Income | 722,471,000,000 | 726,835,000,000 | 717,086,000,000 | 288,211,000,000 | 292,620,000,000 | 295,079,000,000 | ' | 288,211,000,000 | 292,620,000,000 | 152,268,000,000 | ' | 152,268,000,000 | ' | ' | 151,896,000,000 | ' | ' | ' | 7,457,000,000 | 8,460,000,000 | ' | 17,621,000,000 | ' | 17,621,000,000 | ' | ' | 19,385,000,000 | ' | ' | 926,000,000 | 931,000,000 | 42,204,000,000 | ' | 42,204,000,000 | ' | ' | 48,000,000,000 | ' | ' | 1,922,000,000 | 2,277,000,000 | 85,067,000,000 | ' | 85,067,000,000 | ' | ' | 76,256,000,000 | ' | ' | 3,124,000,000 | 3,445,000,000 | 7,376,000,000 | ' | 7,376,000,000 | ' | ' | 8,255,000,000 | ' | ' | 1,485,000,000 | 1,807,000,000 | ' | ' | 81,184,000,000 | ' | 81,184,000,000 | ' | ' | 80,987,000,000 | ' | ' | 619,000,000 | 714,000,000 | 50,810,000,000 | ' | 50,810,000,000 | ' | ' | 49,913,000,000 | ' | ' | 125,000,000 | 163,000,000 | 18,710,000,000 | ' | 18,710,000,000 | ' | ' | 18,883,000,000 | ' | ' | 413,000,000 | 481,000,000 | 123,672,000,000 | 127,993,000,000 | 124,431,000,000 | 123,672,000,000 | ' | 123,672,000,000 | ' | 127,993,000,000 | ' | ' | ' | ' | 1,000,000 | 1,000,000 | 310,588,000,000 | 306,222,000,000 | 297,576,000,000 | 310,588,000,000 | ' | 310,588,000,000 | ' | ' | 306,222,000,000 | ' | ' | 950,000,000 | 1,434,000,000 | ' | 110,906,000,000 | ' | 110,906,000,000 | ' | ' | 109,865,000,000 | ' | ' | 337,000,000 | 708,000,000 | ' | 67,033,000,000 | ' | 67,033,000,000 | ' | ' | 60,740,000,000 | ' | ' | 406,000,000 | 520,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 36,824,000,000 | ' | 36,824,000,000 | ' | 36,227,000,000 | 26,000,000 | 8,000,000 | 9,197,000,000 | ' | 9,197,000,000 | ' | 9,544,000,000 | 1,000,000 | 0 | 86,628,000,000 | ' | 86,628,000,000 | ' | 89,846,000,000 | 180,000,000 | 198,000,000 |
Impaired Financing Receivable, Unpaid Principal Balance [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Impaired Financing Receivable, Unpaid Principal Balance | ' | ' | ' | ' | ' | ' | ' | ' | ' | 19,072,000,000 | ' | 19,072,000,000 | ' | ' | 18,555,000,000 | ' | ' | ' | ' | ' | ' | 1,526,000,000 | ' | 1,526,000,000 | ' | ' | 1,408,000,000 | ' | ' | ' | ' | 2,602,000,000 | ' | 2,602,000,000 | ' | ' | 2,352,000,000 | ' | ' | ' | ' | 9,331,000,000 | ' | 9,331,000,000 | ' | ' | 9,095,000,000 | ' | ' | ' | ' | 5,613,000,000 | ' | 5,613,000,000 | ' | ' | 5,700,000,000 | ' | ' | ' | ' | ' | ' | 808,000,000 | ' | 808,000,000 | ' | ' | 883,000,000 | ' | ' | ' | ' | 213,000,000 | ' | 213,000,000 | ' | ' | 259,000,000 | ' | ' | ' | ' | 595,000,000 | ' | 595,000,000 | ' | ' | 624,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,313,000,000 | ' | 1,313,000,000 | ' | ' | 1,923,000,000 | ' | ' | ' | ' | ' | 475,000,000 | ' | 475,000,000 | ' | ' | 957,000,000 | ' | ' | ' | ' | ' | 522,000,000 | ' | 522,000,000 | ' | ' | 626,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 40,000,000 | ' | 40,000,000 | ' | 22,000,000 | ' | ' | 1,000,000 | ' | 1,000,000 | ' | 0 | ' | ' | 275,000,000 | ' | 275,000,000 | ' | 318,000,000 | ' | ' |
Impaired Financing Receivable, Average Recorded Investment [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Impaired Financing Receivable, Average Recorded Investment | ' | ' | ' | ' | ' | ' | ' | ' | ' | 13,574,000,000 | 10,967,000,000 | 13,502,000,000 | 10,050,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | 1,156,000,000 | 607,000,000 | 1,151,000,000 | 445,000,000 | ' | ' | ' | ' | ' | ' | 1,309,000,000 | 782,000,000 | 1,293,000,000 | 734,000,000 | ' | ' | ' | ' | ' | ' | 7,310,000,000 | 6,430,000,000 | 7,239,000,000 | 5,619,000,000 | ' | ' | ' | ' | ' | ' | 3,799,000,000 | 3,148,000,000 | 3,819,000,000 | 3,252,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | 629,000,000 | 699,000,000 | 658,000,000 | 738,000,000 | ' | ' | ' | ' | ' | ' | 118,000,000 | 110,000,000 | 131,000,000 | 97,000,000 | ' | ' | ' | ' | ' | ' | 511,000,000 | 589,000,000 | 527,000,000 | 641,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3,657,000,000 | 5,529,000,000 | 4,079,000,000 | 6,188,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,026,000,000 | 1,796,000,000 | 1,179,000,000 | 2,036,000,000 | ' | ' | ' | ' | ' | ' | ' | 342,000,000 | 830,000,000 | 445,000,000 | 879,000,000 | ' | ' | ' | ' | ' | ' | ' | 450,000,000 | 742,000,000 | 500,000,000 | 825,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 18,000,000 | 11,000,000 | 12,000,000 | 20,000,000 | ' | ' | ' | 1,000,000 | 8,000,000 | 0 | 12,000,000 | ' | ' | ' | 215,000,000 | 205,000,000 | 222,000,000 | 300,000,000 | ' | ' | ' |
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Impaired Financing Receivable, Interest Income, Accrual Method | ' | ' | ' | ' | ' | ' | ' | ' | ' | 158,000,000 | 125,000,000 | 467,000,000 | 335,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | 15,000,000 | 6,000,000 | 44,000,000 | 12,000,000 | ' | ' | ' | ' | ' | ' | 21,000,000 | 9,000,000 | 62,000,000 | 22,000,000 | ' | ' | ' | ' | ' | ' | 72,000,000 | 65,000,000 | 211,000,000 | 169,000,000 | ' | ' | ' | ' | ' | ' | 50,000,000 | 45,000,000 | 150,000,000 | 132,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 47,000,000 | 73,000,000 | 157,000,000 | 242,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Impaired Financing Receivable, Interest Income, Cash Basis Method [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Impaired Financing Receivable, Interest Income, Cash Basis Method | ' | ' | ' | ' | ' | ' | ' | ' | ' | $53,000,000 | $15,000,000 | $158,000,000 | $38,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | $10,000,000 | $1,000,000 | $30,000,000 | $2,000,000 | ' | ' | ' | ' | ' | ' | $14,000,000 | $1,000,000 | $41,000,000 | $3,000,000 | ' | ' | ' | ' | ' | ' | $16,000,000 | $6,000,000 | $45,000,000 | $16,000,000 | ' | ' | ' | ' | ' | ' | $13,000,000 | $7,000,000 | $42,000,000 | $17,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loans_Troubled_Debt_Restructur
Loans - Troubled Debt Restructurings (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Apr. 05, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 |
Residential Real Estate, Excluding Purchased Credit-Impaired | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Consumer, excluding credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Credit card | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | Wholesale | ||||
Regulatory Guidance Regarding Chapter 7 Loans | Mortgage Foreclosure Investigations and Litigation [Member] | Consumer Loan Excluding Credit Card | Consumer Loan Excluding Credit Card | Residential Mortgage | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Residential Real Estate, Excluding Purchased Credit-Impaired | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Other Consumer | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Scored Auto and Business Banking Loans | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Commercial and Industrial | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Wholesale Real Estate | Financial Institutions, Government Agencies and Other Wholesale | Financial Institutions, Government Agencies and Other Wholesale | Financial Institutions, Government Agencies and Other Wholesale | Financial Institutions, Government Agencies and Other Wholesale | Financial Institutions, Government Agencies and Other Wholesale | Financial Institutions, Government Agencies and Other Wholesale | Financial Institutions | Financial Institutions | Financial Institutions | Financial Institutions | Government Agencies | Government Agencies | Government Agencies | Government Agencies | Wholesale - Other | Wholesale - Other | Wholesale - Other | Wholesale - Other | |||||||||||||
Days Past Due, 60 or Less [Member] | Global settlement on servicing and origination of mortgages [Member] | loan_payment | Maximum | Trial Modifications Approved On Or After July 1, 2010 [Member] | Trial Modification [Member] | Trial Modification [Member] | Trial Modification [Member] | Trial Modification [Member] | Permanent Modification [Member] | Permanent Modification [Member] | Permanent Modification [Member] | Permanent Modification [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Regulatory Guidance Regarding Chapter 7 Loans | Regulatory Guidance Regarding Chapter 7 Loans | Regulatory Guidance Regarding Chapter 7 Loans | Regulatory Guidance Regarding Chapter 7 Loans | Trial Modification [Member] | Trial Modification [Member] | Trial Modification [Member] | Trial Modification [Member] | Permanent Modification [Member] | Permanent Modification [Member] | Permanent Modification [Member] | Permanent Modification [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Regulatory Guidance Regarding Chapter 7 Loans | Trial Modification [Member] | Trial Modification [Member] | Trial Modification [Member] | Trial Modification [Member] | Permanent Modification [Member] | Permanent Modification [Member] | Permanent Modification [Member] | Permanent Modification [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Regulatory Guidance Regarding Chapter 7 Loans | Trial Modification [Member] | Trial Modification [Member] | Trial Modification [Member] | Trial Modification [Member] | Permanent Modification [Member] | Permanent Modification [Member] | Permanent Modification [Member] | Permanent Modification [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Regulatory Guidance Regarding Chapter 7 Loans | Trial Modification [Member] | Trial Modification [Member] | Trial Modification [Member] | Trial Modification [Member] | Permanent Modification [Member] | Permanent Modification [Member] | Permanent Modification [Member] | Permanent Modification [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Regulatory Guidance Regarding Chapter 7 Loans | Nonaccrual [Member] | Nonaccrual [Member] | Maximum | Nonaccrual [Member] | Nonaccrual [Member] | years | years | years | years | Maximum | Nonaccrual [Member] | Nonaccrual [Member] | loan_payment | loan_payment | Credit Card Loan Modification Programs, Total [Member] | Credit Card Loan Modification Programs, Total [Member] | Credit Card Loan Modification Programs, Total [Member] | Credit Card Loan Modification Programs, Total [Member] | Short-Term Credit Card Loan Modification Programs [Member] | Short-Term Credit Card Loan Modification Programs [Member] | Short-Term Credit Card Loan Modification Programs [Member] | Short-Term Credit Card Loan Modification Programs [Member] | Long-Term Credit Card Loan Modification Programs [Member] | Long-Term Credit Card Loan Modification Programs [Member] | Long-Term Credit Card Loan Modification Programs [Member] | Long-Term Credit Card Loan Modification Programs [Member] | Maximum | Days Past Due, 30 or More [Member] | Nonaccrual [Member] | Nonaccrual [Member] | years | years | years | years | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | Nonaccrual [Member] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Maximum | Settlement of Litigation, Additional Relief Provided to Certain Borrowers [Member] | loans | loans | loans | loans | loans | years | years | years | loans | Maximum | Minimum | Days Past Due, 30 or More [Member] | loans | loans | loans | loans | loans | loans | years | loans | loans | loans | loans | loans | loans | years | loans | loans | years | loans | loans | loans | loans | loans | loans | loans | years | loans | loans | loans | loans | loans | loans | loans | loans | loans | years | loans | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
years | loans | loans | loans | Maximum | years | years | loans | years | loans | years | years | loans | years | years | loans | years | years | years | years | loans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Years Before Payment Default Under a Modified Loan | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '1 year | ' | ' | ' | ' | ' | ' | ' | '1 year | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '1 year | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Payments Past Due for Deemed Payment Default | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | ' | ' | ' | ' | ' | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Months Before a Payment Redefault Under Modified Loan | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '12 months | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loans Modified in Troubled Debt Restructurings [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Recorded Investment | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $13,523,000,000 | $13,157,000,000 | $13,523,000,000 | $13,157,000,000 | ' | ' | ' | $397,000,000 | $552,000,000 | $397,000,000 | $552,000,000 | $13,126,000,000 | $12,605,000,000 | $13,126,000,000 | $12,605,000,000 | ' | ' | ' | ' | ' | ' | $1,155,000,000 | $1,123,000,000 | $1,155,000,000 | $1,123,000,000 | ' | $41,000,000 | $37,000,000 | $41,000,000 | $37,000,000 | $1,114,000,000 | $1,086,000,000 | $1,114,000,000 | $1,086,000,000 | ' | ' | ' | $1,309,000,000 | $1,160,000,000 | $1,309,000,000 | $1,160,000,000 | ' | $5,000,000 | $13,000,000 | $5,000,000 | $13,000,000 | $1,304,000,000 | $1,147,000,000 | $1,304,000,000 | $1,147,000,000 | ' | ' | ' | $7,289,000,000 | $7,050,000,000 | $7,289,000,000 | $7,050,000,000 | ' | $220,000,000 | $331,000,000 | $220,000,000 | $331,000,000 | $7,069,000,000 | $6,719,000,000 | $7,069,000,000 | $6,719,000,000 | ' | ' | ' | $3,770,000,000 | $3,824,000,000 | $3,770,000,000 | $3,824,000,000 | ' | $131,000,000 | $171,000,000 | $131,000,000 | $171,000,000 | $3,639,000,000 | $3,653,000,000 | $3,639,000,000 | $3,653,000,000 | ' | ' | ' | $415,000,000 | $516,000,000 | $415,000,000 | $516,000,000 | ' | $223,000,000 | $312,000,000 | $116,000,000 | $164,000,000 | $116,000,000 | $164,000,000 | ' | ' | $83,000,000 | $109,000,000 | $299,000,000 | $352,000,000 | $299,000,000 | $352,000,000 | ' | ' | $140,000,000 | $203,000,000 | ' | ' | ' | ' | $3,061,000,000 | ' | $3,061,000,000 | ' | $4,189,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $206,000,000 | $520,000,000 | $206,000,000 | $520,000,000 | ' | $173,000,000 | ' | $414,000,000 | $79,000,000 | $377,000,000 | $79,000,000 | $377,000,000 | ' | $79,000,000 | ' | $304,000,000 | $102,000,000 | $122,000,000 | $102,000,000 | $122,000,000 | ' | $69,000,000 | ' | $90,000,000 | $25,000,000 | $21,000,000 | $25,000,000 | $21,000,000 | $25,000,000 | $20,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loans and Leases Receivable, Impaired, Troubled Debt Restructuring, Funded Commitment To Lend | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 19,000,000 | 192,000,000 | 19,000,000 | 192,000,000 | ' | ' | ' | ' | 15,000,000 | 192,000,000 | 15,000,000 | 192,000,000 | ' | ' | ' | ' | 0 | 0 | 0 | 0 | ' | ' | ' | ' | 4,000,000 | 0 | 4,000,000 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loans Receivable Held for Investment, Net of Deferred Income | 722,471,000,000 | 726,835,000,000 | 717,086,000,000 | ' | 288,211,000,000 | 292,620,000,000 | 295,079,000,000 | ' | 288,211,000,000 | 292,620,000,000 | ' | 152,268,000,000 | ' | 152,268,000,000 | ' | 151,896,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7,457,000,000 | 8,460,000,000 | ' | ' | ' | ' | 17,621,000,000 | ' | 17,621,000,000 | ' | 19,385,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | 926,000,000 | 931,000,000 | ' | 42,204,000,000 | ' | 42,204,000,000 | ' | 48,000,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | 1,922,000,000 | 2,277,000,000 | ' | 85,067,000,000 | ' | 85,067,000,000 | ' | 76,256,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | 3,124,000,000 | 3,445,000,000 | ' | 7,376,000,000 | ' | 7,376,000,000 | ' | 8,255,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | 1,485,000,000 | 1,807,000,000 | ' | 81,184,000,000 | ' | 81,184,000,000 | ' | 80,987,000,000 | 619,000,000 | 714,000,000 | 50,810,000,000 | ' | 50,810,000,000 | ' | 49,913,000,000 | ' | 125,000,000 | 163,000,000 | 18,710,000,000 | ' | 18,710,000,000 | ' | 18,883,000,000 | ' | 413,000,000 | 481,000,000 | ' | 123,672,000,000 | 127,993,000,000 | 124,431,000,000 | 123,672,000,000 | ' | 123,672,000,000 | ' | 127,993,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,000,000 | 1,000,000 | 310,588,000,000 | 306,222,000,000 | 297,576,000,000 | 310,588,000,000 | ' | 310,588,000,000 | ' | 306,222,000,000 | 950,000,000 | 1,434,000,000 | ' | 110,906,000,000 | ' | 110,906,000,000 | ' | 109,865,000,000 | 337,000,000 | 708,000,000 | ' | 67,033,000,000 | ' | 67,033,000,000 | ' | 60,740,000,000 | 406,000,000 | 520,000,000 | ' | ' | ' | ' | ' | ' | ' | 36,824,000,000 | 36,227,000,000 | 26,000,000 | 8,000,000 | 9,197,000,000 | 9,544,000,000 | 1,000,000 | 0 | 86,628,000,000 | 89,846,000,000 | 180,000,000 | 198,000,000 |
Loss Contingency, Settlement Agreement, Consideration | ' | ' | ' | ' | ' | ' | ' | 3,700,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loan Modification Program, Fixed Payment Plan Period | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '60 months | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loans Modified in Troubled Debt Restructurings [Roll Forward] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Recorded Investment, Beginning Balance | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 13,603,000,000 | 10,898,000,000 | 13,245,000,000 | 9,088,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,160,000,000 | 560,000,000 | 1,092,000,000 | 335,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,315,000,000 | 762,000,000 | 1,223,000,000 | 657,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7,303,000,000 | 6,092,000,000 | 7,118,000,000 | 4,877,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3,825,000,000 | 3,484,000,000 | 3,812,000,000 | 3,219,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 448,000,000 | 452,000,000 | 502,000,000 | 503,000,000 | ' | 223,000,000 | 312,000,000 | 124,000,000 | 86,000,000 | 150,000,000 | 88,000,000 | ' | ' | 83,000,000 | 109,000,000 | 324,000,000 | 366,000,000 | 352,000,000 | 415,000,000 | ' | ' | 140,000,000 | 203,000,000 | ' | ' | ' | ' | ' | ' | 4,189,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 254,000,000 | 615,000,000 | 696,000,000 | 750,000,000 | ' | 173,000,000 | ' | 414,000,000 | 109,000,000 | 464,000,000 | 575,000,000 | 531,000,000 | ' | 79,000,000 | ' | 304,000,000 | 111,000,000 | 121,000,000 | 99,000,000 | 176,000,000 | ' | 69,000,000 | ' | 90,000,000 | 34,000,000 | 30,000,000 | 22,000,000 | 43,000,000 | 25,000,000 | 20,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, New Troubled Debt Restructurings | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 395,000,000 | 2,662,000,000 | 1,609,000,000 | 5,068,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 35,000,000 | 590,000,000 | 175,000,000 | 833,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 70,000,000 | 478,000,000 | 299,000,000 | 667,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 224,000,000 | 1,136,000,000 | 852,000,000 | 2,626,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 66,000,000 | 458,000,000 | 283,000,000 | 942,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 39,000,000 | 115,000,000 | 121,000,000 | 176,000,000 | ' | ' | ' | 26,000,000 | 92,000,000 | 68,000,000 | 119,000,000 | ' | ' | ' | ' | 13,000,000 | 23,000,000 | 53,000,000 | 57,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 288,000,000 | 373,000,000 | 915,000,000 | 1,308,000,000 | 0 | 0 | 0 | 47,000,000 | 288,000,000 | 373,000,000 | 915,000,000 | 1,261,000,000 | ' | ' | ' | ' | ' | ' | ' | 0 | 33,000,000 | 119,000,000 | 165,000,000 | ' | ' | ' | ' | 0 | 15,000,000 | 41,000,000 | 71,000,000 | ' | ' | ' | ' | 0 | 14,000,000 | 41,000,000 | 24,000,000 | ' | ' | ' | ' | 0 | 4,000,000 | 37,000,000 | 70,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Impaired, Troubled Debt Restructuring, Increases to Existing Troubled Debt Restructurings | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 13,000,000 | 4,000,000 | 33,000,000 | ' | ' | ' | ' | 0 | 13,000,000 | 4,000,000 | 33,000,000 | ' | ' | ' | ' | 0 | 0 | 0 | 0 | ' | ' | ' | ' | 0 | 0 | 0 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Impaired, Troubled Debt Restructuring, Charge-offs Post-Modification | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -53,000,000 | -172,000,000 | -226,000,000 | -358,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -7,000,000 | -18,000,000 | -25,000,000 | -27,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -18,000,000 | -52,000,000 | -75,000,000 | -75,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -12,000,000 | -37,000,000 | -45,000,000 | -97,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -16,000,000 | -65,000,000 | -81,000,000 | -159,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -7,000,000 | -4,000,000 | -14,000,000 | -13,000,000 | ' | ' | ' | -2,000,000 | -2,000,000 | -7,000,000 | -6,000,000 | ' | ' | ' | ' | -5,000,000 | -2,000,000 | -7,000,000 | -7,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | -2,000,000 | -4,000,000 | -26,000,000 | ' | ' | ' | ' | 0 | -2,000,000 | -1,000,000 | -17,000,000 | ' | ' | ' | ' | 0 | 0 | -3,000,000 | -2,000,000 | ' | ' | ' | ' | 0 | 0 | 0 | -7,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Impaired, Troubled Debt Restructuring, Foreclosures and Other Liquidations | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -72,000,000 | -55,000,000 | -204,000,000 | -177,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -3,000,000 | 0 | -12,000,000 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -7,000,000 | -1,000,000 | -18,000,000 | -6,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -42,000,000 | -28,000,000 | -116,000,000 | -85,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -20,000,000 | -26,000,000 | -58,000,000 | -86,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 0 | 0 | ' | ' | ' | 0 | 0 | 0 | 0 | ' | ' | ' | ' | 0 | 0 | 0 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Impaired, Troubled Debt Restructuring, Principal Payments, Sales, and Other | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -350,000,000 | -176,000,000 | -901,000,000 | -464,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -30,000,000 | -9,000,000 | -75,000,000 | -18,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -51,000,000 | -27,000,000 | -120,000,000 | -83,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -184,000,000 | -113,000,000 | -520,000,000 | -271,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -85,000,000 | -27,000,000 | -186,000,000 | -92,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -65,000,000 | -47,000,000 | -194,000,000 | -150,000,000 | ' | ' | ' | -32,000,000 | -12,000,000 | -95,000,000 | -37,000,000 | ' | ' | ' | ' | -33,000,000 | -35,000,000 | -99,000,000 | -113,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -48,000,000 | -139,000,000 | -609,000,000 | -402,000,000 | ' | ' | ' | ' | -30,000,000 | -113,000,000 | -540,000,000 | -241,000,000 | ' | ' | ' | ' | -9,000,000 | -13,000,000 | -35,000,000 | -76,000,000 | ' | ' | ' | ' | -9,000,000 | -13,000,000 | -34,000,000 | -85,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivables, Impaired, Troubled Debt Restructuring, Performing Loans Restructured at Market Rates but No Longer Reported as TDRs | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 3,000,000 | 0 | 43,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Recorded Investment, Ending Balance | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 13,523,000,000 | 13,157,000,000 | 13,523,000,000 | 13,157,000,000 | ' | ' | ' | 397,000,000 | 552,000,000 | 397,000,000 | 552,000,000 | 13,126,000,000 | 12,605,000,000 | 13,126,000,000 | 12,605,000,000 | ' | ' | ' | ' | ' | ' | 1,155,000,000 | 1,123,000,000 | 1,155,000,000 | 1,123,000,000 | ' | 41,000,000 | 37,000,000 | 41,000,000 | 37,000,000 | 1,114,000,000 | 1,086,000,000 | 1,114,000,000 | 1,086,000,000 | ' | ' | ' | 1,309,000,000 | 1,160,000,000 | 1,309,000,000 | 1,160,000,000 | ' | 5,000,000 | 13,000,000 | 5,000,000 | 13,000,000 | 1,304,000,000 | 1,147,000,000 | 1,304,000,000 | 1,147,000,000 | ' | ' | ' | 7,289,000,000 | 7,050,000,000 | 7,289,000,000 | 7,050,000,000 | ' | 220,000,000 | 331,000,000 | 220,000,000 | 331,000,000 | 7,069,000,000 | 6,719,000,000 | 7,069,000,000 | 6,719,000,000 | ' | ' | ' | 3,770,000,000 | 3,824,000,000 | 3,770,000,000 | 3,824,000,000 | ' | 131,000,000 | 171,000,000 | 131,000,000 | 171,000,000 | 3,639,000,000 | 3,653,000,000 | 3,639,000,000 | 3,653,000,000 | ' | ' | ' | 415,000,000 | 516,000,000 | 415,000,000 | 516,000,000 | ' | 223,000,000 | 312,000,000 | 116,000,000 | 164,000,000 | 116,000,000 | 164,000,000 | ' | ' | 83,000,000 | 109,000,000 | 299,000,000 | 352,000,000 | 299,000,000 | 352,000,000 | ' | ' | 140,000,000 | 203,000,000 | ' | ' | ' | ' | 3,061,000,000 | ' | 3,061,000,000 | ' | 4,189,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 206,000,000 | 520,000,000 | 206,000,000 | 520,000,000 | ' | 173,000,000 | ' | 414,000,000 | 79,000,000 | 377,000,000 | 79,000,000 | 377,000,000 | ' | 79,000,000 | ' | 304,000,000 | 102,000,000 | 122,000,000 | 102,000,000 | 122,000,000 | ' | 69,000,000 | ' | 90,000,000 | 25,000,000 | 21,000,000 | 25,000,000 | 21,000,000 | 25,000,000 | 20,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Nature and Extent of Modifications [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Mortgage Loans on Real Estate, Number of Loans | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 37,900 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 9,200 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 22,200 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3,300 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3,200 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Number of Contract Modifications that Occurred | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,037 | 3,400 | 7,911 | 8,905 | 3,668 | 8,560 | 13,047 | 25,669 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 347 | 527 | 1,409 | 1,366 | 410 | 1,039 | 1,360 | 3,736 | ' | ' | ' | ' | ' | ' | ' | ' | 146 | 306 | 514 | 727 | 1,012 | 2,178 | 3,681 | 6,042 | ' | ' | ' | ' | ' | ' | ' | ' | 584 | 1,145 | 2,416 | 3,058 | 1,046 | 2,947 | 3,659 | 7,651 | ' | ' | ' | ' | ' | ' | ' | ' | 960 | 1,422 | 3,572 | 3,754 | 1,200 | 2,396 | 4,347 | 8,240 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Percentage of Modifications that Occurred, Interest Rate Reductions | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 77.00% | 68.00% | 77.00% | 77.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 68.00% | 77.00% | 71.00% | 85.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 90.00% | 85.00% | 88.00% | 88.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 72.00% | 55.00% | 73.00% | 74.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 73.00% | 65.00% | 71.00% | 69.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Percentage of Modifications that Occurred, Term Or Payment Extension | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 72.00% | 57.00% | 67.00% | 53.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 77.00% | 60.00% | 74.00% | 42.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 80.00% | 75.00% | 78.00% | 76.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 77.00% | 46.00% | 71.00% | 56.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 60.00% | 51.00% | 54.00% | 39.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Percentage of Modifications that Occurred, Principal And Interest Deferred | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 23.00% | 10.00% | 20.00% | 11.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 16.00% | 8.00% | 12.00% | 5.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 21.00% | 14.00% | 23.00% | 16.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 35.00% | 11.00% | 30.00% | 14.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 17.00% | 7.00% | 13.00% | 6.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Percentage of Modifications that Occurred, Principal Forgiveness | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 39.00% | 40.00% | 42.00% | 26.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 40.00% | 18.00% | 39.00% | 7.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 36.00% | 33.00% | 36.00% | 18.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 33.00% | 47.00% | 38.00% | 25.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 45.00% | 50.00% | 50.00% | 40.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Percentage of Modifications that Occurred, Other | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 11.00% | 12.00% | 11.00% | 11.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.00% | 0.00% | 0.00% | 0.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.00% | 0.00% | 0.00% | 0.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 22.00% | 25.00% | 24.00% | 30.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 14.00% | 11.00% | 14.00% | 8.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage, Sum of Items by Type, May Exceed | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financial Effects of Modifications and Redefaults [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Pre-Modification, Weighted-Average Interest Rate Of Loans With Rate Reductions | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5.67% | 6.37% | 5.89% | 6.60% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5.95% | 7.08% | 6.35% | 7.24% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5.14% | 5.24% | 5.14% | 5.56% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5.04% | 5.95% | 5.27% | 6.18% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7.17% | 7.70% | 7.39% | 7.74% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 13.64% | 13.84% | 13.35% | 11.93% | ' | ' | ' | ' | 10.20% | 7.72% | 8.34% | 7.98% | ' | ' | ' | ' | ' | ' | ' | ' | 15.26% | 15.34% | 15.38% | 15.75% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Post-Modification, Weighted-Average Interest Rate Of Loans With Rate Reductions | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.85% | 3.59% | 2.94% | 3.82% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3.04% | 4.49% | 3.32% | 4.71% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.26% | 1.97% | 2.23% | 1.91% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.68% | 3.64% | 2.78% | 3.82% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3.42% | 3.97% | 3.51% | 4.26% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4.95% | 4.99% | 4.94% | 4.80% | ' | ' | ' | ' | 6.67% | 5.51% | 5.99% | 5.87% | ' | ' | ' | ' | ' | ' | ' | ' | 0.00% | 4.97% | 4.42% | 5.25% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Pre-Modification, Weighted-Average Remaining Term | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.4 | 1 | 1.2 | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Pre-Modification, Weighted-Average Remaining Term of Financing Receivables With Term Or Payment Extensions | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 24 | 24 | 23 | 24 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 20 | 19 | 19 | 19 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 19 | 20 | 19 | 21 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 25 | 25 | 25 | 25 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 24 | 23 | 24 | 24 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Average Term or Payment Extension Granted | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6 | 0.3 | 2.1 | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Post-Modification, Weighted-Average Remaining Term | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1.9 | 2.2 | 2.8 | 2.4 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3.1 | 4.9 | 1.6 | 3.8 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Post-Modification, Weighted-Average Remaining Term of Financing Receivables With Term Or Payment Extensions | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 36 | 34 | 36 | 34 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 32 | 26 | 32 | 28 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 34 | 33 | 34 | 33 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 38 | 37 | 37 | 35 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 36 | 33 | 35 | 32 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Weighted-Average Remaining Life | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7 | ' | 7 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 8 | ' | 8 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10 | ' | 10 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 9 | ' | 9 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Impaired, Troubled Debt Restructuring, Write-down | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 22,000,000 | 37,000,000 | 85,000,000 | 86,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,000,000 | 4,000,000 | 6,000,000 | 6,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 16,000,000 | 23,000,000 | 58,000,000 | 35,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4,000,000 | 3,000,000 | 15,000,000 | 26,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 7,000,000 | 6,000,000 | 19,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Principal Deferred | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 59,000,000 | 42,000,000 | 164,000,000 | 155,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,000,000 | 1,000,000 | 5,000,000 | 3,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4,000,000 | 6,000,000 | 18,000,000 | 18,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 40,000,000 | 26,000,000 | 107,000,000 | 101,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 13,000,000 | 9,000,000 | 34,000,000 | 33,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Principal Forgiven | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 113,000,000 | 242,000,000 | 428,000,000 | 458,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7,000,000 | 7,000,000 | 24,000,000 | 10,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 13,000,000 | 27,000,000 | 42,000,000 | 38,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 46,000,000 | 119,000,000 | 176,000,000 | 172,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 47,000,000 | 89,000,000 | 186,000,000 | 238,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default Occurred, Number of Contracts | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 867 | 1,185 | 2,562 | 3,046 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 112 | 127 | 327 | 249 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 311 | 395 | 845 | 1,065 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 156 | 257 | 533 | 677 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 288 | 406 | 857 | 1,055 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Modifications, Subsequent Default Occurred, Recorded Investment | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $75,000,000 | $136,000,000 | $257,000,000 | $361,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $6,000,000 | $11,000,000 | $22,000,000 | $20,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $6,000,000 | $11,000,000 | $17,000,000 | $36,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $35,000,000 | $72,000,000 | $134,000,000 | $190,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $28,000,000 | $42,000,000 | $84,000,000 | $115,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $13,000,000 | $13,000,000 | $41,000,000 | $27,000,000 | ' | ' | ' | ' | $10,000,000 | $6,000,000 | $33,000,000 | $31,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | $43,000,000 | $69,000,000 | $128,000,000 | $247,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $0 | $4,000,000 | $1,000,000 | $56,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financing Receivable, Trial Modifications Successfully Converted to Permanent Modifications | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 85.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Rate of Default for Modified Loans, Estimated Weighted Average | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 40.00% | 10.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 18.00% | ' | ' | ' | ' | ' | ' | 19.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 15.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 23.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 31.56% | ' | 38.23% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of Loans Thirty Plus Days Past Due to Total Retained Loans | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3.26% | ' | 3.26% | ' | 4.28% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3.60% | ' | 3.60% | ' | 3.60% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 21.00% | 2.06% | ' | 2.06% | ' | 2.49% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 11.00% | 2.64% | ' | 2.64% | ' | 3.97% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 35.00% | 16.42% | ' | 16.42% | ' | 19.16% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 24.00% | 1.46% | ' | 1.46% | ' | 1.58% | ' | ' | 0.93% | ' | 0.93% | ' | 1.25% | ' | ' | ' | 2.23% | ' | 2.23% | ' | 2.12% | ' | ' | ' | ' | ' | ' | ' | 1.69% | ' | 1.69% | ' | 2.10% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Period Past Due, Credit Analysis Factors, Charge off Criteria | ' | ' | ' | '60 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '30 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '180 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loans, Charge-off Criteria, Period Past Due | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '30 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loans_Purchased_CreditImpaired
Loans - Purchased Credit-Impaired Accretable Yields (Details) (Consumer, excluding credit card, Purchased Credit-Impaired, USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Consumer, excluding credit card | Purchased Credit-Impaired | ' | ' | ' | ' |
Certain Loans Acquired in Transfer Accounted for as Debt Securities, Accretable Yield Movement Schedule [Roll Forward] | ' | ' | ' | ' |
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield, Beginning Balance | $18,606 | $19,567 | $18,457 | $19,072 |
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield, Accretion | -535 | -606 | -1,673 | -1,902 |
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield, Changes in Interest Rates on Variable Rate Loans | -102 | -91 | -212 | -264 |
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield, Reclassifications to Nonaccretable Difference | -259 | 28 | 1,138 | 1,992 |
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield, Ending Balance | $17,710 | $18,898 | $17,710 | $18,898 |
Accretable Yield Percentage | 4.24% | 4.30% | 4.32% | 4.41% |
Allowance_for_Credit_Losses_De
Allowance for Credit Losses (Details) (USD $) | 3 Months Ended | 9 Months Ended | |||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 |
Financing Receivable, Allowance for Credit Losses [Roll Forward] | ' | ' | ' | ' | ' |
Provision for Credit Losses | $543 | ($1,789) | ($121) | ($2,729) | ' |
Loans by impairment methodology | ' | ' | ' | ' | ' |
Retained Loans, Evaluated at Asset-Specific Impairment Methodology | 18,589 | 20,922 | 18,589 | 20,922 | ' |
Retained Loans, Evaluated at Formula-Based Impairment Methodology | 649,112 | 634,945 | 649,112 | 634,945 | ' |
Retained Loans, Purchased Credit-Impaired | 54,770 | 61,219 | 54,770 | 61,219 | ' |
Total Retained Loans | 722,471 | 717,086 | 722,471 | 717,086 | 726,835 |
Off-Balance Sheet Lending-Related Financial Instruments, Guarantees and Other Commitments [Abstract] | ' | ' | ' | ' | ' |
Off Balance Sheet Lending-Related Financial Commitments, Contractual Amount, Evaluated at Asset-Specific Impairment Methodology | 244 | 586 | 244 | 586 | ' |
Off Balance Sheet Lending-Related Financial Commitments, Contractual Amount, Evaluated at Formula-Based Impairment Methodology | 1,039,861 | 1,018,487 | 1,039,861 | 1,018,487 | ' |
Total Off-Balance Sheet Lending Related Financial Commitments, Contractual Amount | 1,040,105 | 1,019,073 | 1,040,105 | 1,019,073 | 1,027,988 |
Allowance for Loans and Leases Receivable | ' | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Roll Forward] | ' | ' | ' | ' | ' |
Allowance for Credit Losses, Beginning Balance | ' | ' | 21,936 | 27,609 | ' |
Allowance for Credit Losses, Write-offs | ' | ' | 5,480 | 8,708 | ' |
Valuation Allowances and Reserves, Recoveries | ' | ' | -1,006 | -1,273 | ' |
Allowance for Loan and Lease Losses Write-offs, Net | ' | ' | 4,474 | 7,435 | ' |
Provision for Credit Losses | ' | ' | 112 | 2,647 | ' |
Allowance for Credit Losses, Adjustments, Net | ' | ' | -3 | 3 | ' |
Allowance for Credit Losses, Ending Balance | 17,571 | 22,824 | 17,571 | 22,824 | ' |
Allowance For Lending Related Commitments, by Impairment Methodology | ' | ' | ' | ' | ' |
Allowance for Loan Losses, Evaluated at Asset-Specific Impairment Methodology | 1,978 | 3,215 | 1,978 | 3,215 | ' |
Allowance for Loan Losses, Evaluated at Formula-Based Impairment Methodology | 10,632 | 13,898 | 10,632 | 13,898 | ' |
Allowance for Loan Losses, Purchased Credit-Impaired | 4,961 | 5,711 | 4,961 | 5,711 | ' |
Total Allowance for Credit Losses | 17,571 | 22,824 | 17,571 | 22,824 | ' |
Allowance For Lending Related Commitments | ' | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Roll Forward] | ' | ' | ' | ' | ' |
Allowance for Credit Losses, Beginning Balance | ' | ' | 668 | 673 | ' |
Provision for Credit Losses | ' | ' | 9 | 82 | ' |
Allowance for Credit Losses, Adjustments, Net | ' | ' | 0 | -3 | ' |
Allowance for Credit Losses, Ending Balance | 677 | 752 | 677 | 752 | ' |
Allowance For Lending Related Commitments, by Impairment Methodology | ' | ' | ' | ' | ' |
Allowance For Lending-Related Commitments,Evaluated at Asset-Specific Impairment Methodology | 71 | 191 | 71 | 191 | ' |
Allowance For Lending-Related Commitments,Evaluated at Formula-Based Impairment Methodology | 606 | 561 | 606 | 561 | ' |
Total Allowance for Credit Losses | 677 | 752 | 677 | 752 | ' |
Impaired Collateral Dependent Loans | ' | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Roll Forward] | ' | ' | ' | ' | ' |
Allowance for Loan and Lease Losses Write-offs, Net | ' | ' | 206 | 1,049 | ' |
Impaired Collateral Dependent Loans [Abstract] | ' | ' | ' | ' | ' |
Loans measured at fair value of collateral less cost to sell | 3,480 | 3,841 | 3,480 | 3,841 | ' |
Consumer, excluding credit card | ' | ' | ' | ' | ' |
Loans by impairment methodology | ' | ' | ' | ' | ' |
Retained Loans, Evaluated at Asset-Specific Impairment Methodology | 14,149 | 13,900 | 14,149 | 13,900 | ' |
Retained Loans, Evaluated at Formula-Based Impairment Methodology | 219,303 | 219,983 | 219,303 | 219,983 | ' |
Retained Loans, Purchased Credit-Impaired | 54,759 | 61,196 | 54,759 | 61,196 | ' |
Total Retained Loans | 288,211 | 295,079 | 288,211 | 295,079 | 292,620 |
Off-Balance Sheet Lending-Related Financial Instruments, Guarantees and Other Commitments [Abstract] | ' | ' | ' | ' | ' |
Off Balance Sheet Lending-Related Financial Commitments, Contractual Amount, Evaluated at Asset-Specific Impairment Methodology | 0 | 0 | 0 | 0 | ' |
Off Balance Sheet Lending-Related Financial Commitments, Contractual Amount, Evaluated at Formula-Based Impairment Methodology | 58,787 | 62,183 | 58,787 | 62,183 | ' |
Total Off-Balance Sheet Lending Related Financial Commitments, Contractual Amount | 58,787 | 62,183 | 58,787 | 62,183 | ' |
Consumer, excluding credit card | Allowance for Loans and Leases Receivable | ' | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Roll Forward] | ' | ' | ' | ' | ' |
Allowance for Credit Losses, Beginning Balance | ' | ' | 12,292 | 16,294 | ' |
Allowance for Credit Losses, Write-offs | ' | ' | 1,829 | 4,001 | ' |
Valuation Allowances and Reserves, Recoveries | ' | ' | -337 | -393 | ' |
Allowance for Loan and Lease Losses Write-offs, Net | ' | ' | 1,492 | 3,608 | ' |
Provision for Credit Losses | ' | ' | -1,346 | 314 | ' |
Allowance for Credit Losses, Adjustments, Net | ' | ' | -6 | -12 | ' |
Allowance for Credit Losses, Ending Balance | 9,448 | 12,988 | 9,448 | 12,988 | ' |
Allowance For Lending Related Commitments, by Impairment Methodology | ' | ' | ' | ' | ' |
Allowance for Loan Losses, Evaluated at Asset-Specific Impairment Methodology | 689 | 918 | 689 | 918 | ' |
Allowance for Loan Losses, Evaluated at Formula-Based Impairment Methodology | 3,798 | 6,359 | 3,798 | 6,359 | ' |
Allowance for Loan Losses, Purchased Credit-Impaired | 4,961 | 5,711 | 4,961 | 5,711 | ' |
Total Allowance for Credit Losses | 9,448 | 12,988 | 9,448 | 12,988 | ' |
Consumer, excluding credit card | Allowance For Lending Related Commitments | ' | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Roll Forward] | ' | ' | ' | ' | ' |
Allowance for Credit Losses, Beginning Balance | ' | ' | 7 | 7 | ' |
Provision for Credit Losses | ' | ' | 1 | -1 | ' |
Allowance for Credit Losses, Adjustments, Net | ' | ' | 1 | 1 | ' |
Allowance for Credit Losses, Ending Balance | 9 | 7 | 9 | 7 | ' |
Allowance For Lending Related Commitments, by Impairment Methodology | ' | ' | ' | ' | ' |
Allowance For Lending-Related Commitments,Evaluated at Asset-Specific Impairment Methodology | 0 | 0 | 0 | 0 | ' |
Allowance For Lending-Related Commitments,Evaluated at Formula-Based Impairment Methodology | 9 | 7 | 9 | 7 | ' |
Total Allowance for Credit Losses | 9 | 7 | 9 | 7 | ' |
Consumer, excluding credit card | Residential Real Estate, Excluding Purchased Credit-Impaired | ' | ' | ' | ' | ' |
Loans by impairment methodology | ' | ' | ' | ' | ' |
Total Retained Loans | 152,268 | ' | 152,268 | ' | 151,896 |
Consumer, excluding credit card | Residential Real Estate, Excluding Purchased Credit-Impaired | Regulatory Guidance Regarding Chapter 7 Loans | ' | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Roll Forward] | ' | ' | ' | ' | ' |
Allowance for Loan and Lease Losses Write-offs, Net | ' | ' | ' | 825 | ' |
Consumer, excluding credit card | Auto Loans | ' | ' | ' | ' | ' |
Loans by impairment methodology | ' | ' | ' | ' | ' |
Total Retained Loans | 50,810 | ' | 50,810 | ' | 49,913 |
Consumer, excluding credit card | Auto Loans | Regulatory Guidance Regarding Chapter 7 Loans | ' | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Roll Forward] | ' | ' | ' | ' | ' |
Allowance for Loan and Lease Losses Write-offs, Net | ' | ' | ' | 55 | ' |
Consumer, excluding credit card | Impaired Collateral Dependent Loans | ' | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Roll Forward] | ' | ' | ' | ' | ' |
Allowance for Loan and Lease Losses Write-offs, Net | ' | ' | 190 | 992 | ' |
Impaired Collateral Dependent Loans [Abstract] | ' | ' | ' | ' | ' |
Loans measured at fair value of collateral less cost to sell | 3,113 | 3,251 | 3,113 | 3,251 | ' |
Credit card | ' | ' | ' | ' | ' |
Loans by impairment methodology | ' | ' | ' | ' | ' |
Retained Loans, Evaluated at Asset-Specific Impairment Methodology | 3,468 | 5,274 | 3,468 | 5,274 | ' |
Retained Loans, Evaluated at Formula-Based Impairment Methodology | 120,204 | 119,157 | 120,204 | 119,157 | ' |
Retained Loans, Purchased Credit-Impaired | 0 | 0 | 0 | 0 | ' |
Total Retained Loans | 123,672 | 124,431 | 123,672 | 124,431 | 127,993 |
Off-Balance Sheet Lending-Related Financial Instruments, Guarantees and Other Commitments [Abstract] | ' | ' | ' | ' | ' |
Off Balance Sheet Lending-Related Financial Commitments, Contractual Amount, Evaluated at Asset-Specific Impairment Methodology | 0 | 0 | 0 | 0 | ' |
Off Balance Sheet Lending-Related Financial Commitments, Contractual Amount, Evaluated at Formula-Based Impairment Methodology | 532,251 | 534,333 | 532,251 | 534,333 | ' |
Total Off-Balance Sheet Lending Related Financial Commitments, Contractual Amount | 532,251 | 534,333 | 532,251 | 534,333 | ' |
Credit card | Allowance for Loans and Leases Receivable | ' | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Roll Forward] | ' | ' | ' | ' | ' |
Allowance for Credit Losses, Beginning Balance | ' | ' | 5,501 | 6,999 | ' |
Allowance for Credit Losses, Write-offs | ' | ' | 3,461 | 4,494 | ' |
Valuation Allowances and Reserves, Recoveries | ' | ' | -473 | -647 | ' |
Allowance for Loan and Lease Losses Write-offs, Net | ' | ' | 2,988 | 3,847 | ' |
Provision for Credit Losses | ' | ' | 1,588 | 2,347 | ' |
Allowance for Credit Losses, Adjustments, Net | ' | ' | -4 | 4 | ' |
Allowance for Credit Losses, Ending Balance | 4,097 | 5,503 | 4,097 | 5,503 | ' |
Allowance For Lending Related Commitments, by Impairment Methodology | ' | ' | ' | ' | ' |
Allowance for Loan Losses, Evaluated at Asset-Specific Impairment Methodology | 1,080 | 1,909 | 1,080 | 1,909 | ' |
Allowance for Loan Losses, Evaluated at Formula-Based Impairment Methodology | 3,017 | 3,594 | 3,017 | 3,594 | ' |
Allowance for Loan Losses, Purchased Credit-Impaired | 0 | 0 | 0 | 0 | ' |
Total Allowance for Credit Losses | 4,097 | 5,503 | 4,097 | 5,503 | ' |
Credit card | Allowance For Lending Related Commitments | ' | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Roll Forward] | ' | ' | ' | ' | ' |
Allowance for Credit Losses, Beginning Balance | ' | ' | 0 | 0 | ' |
Provision for Credit Losses | ' | ' | 0 | 0 | ' |
Allowance for Credit Losses, Adjustments, Net | ' | ' | 0 | 0 | ' |
Allowance for Credit Losses, Ending Balance | 0 | 0 | 0 | 0 | ' |
Allowance For Lending Related Commitments, by Impairment Methodology | ' | ' | ' | ' | ' |
Allowance For Lending-Related Commitments,Evaluated at Asset-Specific Impairment Methodology | 0 | 0 | 0 | 0 | ' |
Allowance For Lending-Related Commitments,Evaluated at Formula-Based Impairment Methodology | 0 | 0 | 0 | 0 | ' |
Total Allowance for Credit Losses | 0 | 0 | 0 | 0 | ' |
Credit card | Impaired Collateral Dependent Loans | ' | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Roll Forward] | ' | ' | ' | ' | ' |
Allowance for Loan and Lease Losses Write-offs, Net | ' | ' | 0 | 0 | ' |
Impaired Collateral Dependent Loans [Abstract] | ' | ' | ' | ' | ' |
Loans measured at fair value of collateral less cost to sell | 0 | 0 | 0 | 0 | ' |
Wholesale | ' | ' | ' | ' | ' |
Loans by impairment methodology | ' | ' | ' | ' | ' |
Retained Loans, Evaluated at Asset-Specific Impairment Methodology | 972 | 1,748 | 972 | 1,748 | ' |
Retained Loans, Evaluated at Formula-Based Impairment Methodology | 309,605 | 295,805 | 309,605 | 295,805 | ' |
Retained Loans, Purchased Credit-Impaired | 11 | 23 | 11 | 23 | ' |
Total Retained Loans | 310,588 | 297,576 | 310,588 | 297,576 | 306,222 |
Off-Balance Sheet Lending-Related Financial Instruments, Guarantees and Other Commitments [Abstract] | ' | ' | ' | ' | ' |
Off Balance Sheet Lending-Related Financial Commitments, Contractual Amount, Evaluated at Asset-Specific Impairment Methodology | 244 | 586 | 244 | 586 | ' |
Off Balance Sheet Lending-Related Financial Commitments, Contractual Amount, Evaluated at Formula-Based Impairment Methodology | 448,823 | 421,971 | 448,823 | 421,971 | ' |
Total Off-Balance Sheet Lending Related Financial Commitments, Contractual Amount | 449,067 | 422,557 | 449,067 | 422,557 | ' |
Wholesale | Allowance for Loans and Leases Receivable | ' | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Roll Forward] | ' | ' | ' | ' | ' |
Allowance for Credit Losses, Beginning Balance | ' | ' | 4,143 | 4,316 | ' |
Allowance for Credit Losses, Write-offs | ' | ' | 190 | 213 | ' |
Valuation Allowances and Reserves, Recoveries | ' | ' | -196 | -233 | ' |
Allowance for Loan and Lease Losses Write-offs, Net | ' | ' | -6 | -20 | ' |
Provision for Credit Losses | ' | ' | -130 | -14 | ' |
Allowance for Credit Losses, Adjustments, Net | ' | ' | 7 | 11 | ' |
Allowance for Credit Losses, Ending Balance | 4,026 | 4,333 | 4,026 | 4,333 | ' |
Allowance For Lending Related Commitments, by Impairment Methodology | ' | ' | ' | ' | ' |
Allowance for Loan Losses, Evaluated at Asset-Specific Impairment Methodology | 209 | 388 | 209 | 388 | ' |
Allowance for Loan Losses, Evaluated at Formula-Based Impairment Methodology | 3,817 | 3,945 | 3,817 | 3,945 | ' |
Allowance for Loan Losses, Purchased Credit-Impaired | 0 | 0 | 0 | 0 | ' |
Total Allowance for Credit Losses | 4,026 | 4,333 | 4,026 | 4,333 | ' |
Wholesale | Allowance For Lending Related Commitments | ' | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Roll Forward] | ' | ' | ' | ' | ' |
Allowance for Credit Losses, Beginning Balance | ' | ' | 661 | 666 | ' |
Provision for Credit Losses | ' | ' | 8 | 83 | ' |
Allowance for Credit Losses, Adjustments, Net | ' | ' | -1 | -4 | ' |
Allowance for Credit Losses, Ending Balance | 668 | 745 | 668 | 745 | ' |
Allowance For Lending Related Commitments, by Impairment Methodology | ' | ' | ' | ' | ' |
Allowance For Lending-Related Commitments,Evaluated at Asset-Specific Impairment Methodology | 71 | 191 | 71 | 191 | ' |
Allowance For Lending-Related Commitments,Evaluated at Formula-Based Impairment Methodology | 597 | 554 | 597 | 554 | ' |
Total Allowance for Credit Losses | 668 | 745 | 668 | 745 | ' |
Wholesale | Impaired Collateral Dependent Loans | ' | ' | ' | ' | ' |
Financing Receivable, Allowance for Credit Losses [Roll Forward] | ' | ' | ' | ' | ' |
Allowance for Loan and Lease Losses Write-offs, Net | ' | ' | 16 | 57 | ' |
Impaired Collateral Dependent Loans [Abstract] | ' | ' | ' | ' | ' |
Loans measured at fair value of collateral less cost to sell | $367 | $590 | $367 | $590 | ' |
Variable_Interest_Entities_Fir
Variable Interest Entities - Firm Sponsored Variable Interest Entities (Details 0) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
Firm-sponsored mortgage and other consumer securitization trusts | ' | ' |
Total assets held by securitization VIEs | $271,300,000,000 | $295,800,000,000 |
Firm-sponsored credit card securitization trusts | ' | ' |
Percentage of the Firm's retained securitization interests risk-rated 'A' or better, at fair value | 58.00% | 74.00% |
Corporate & Investment Bank [Member] | ' | ' |
Firm-sponsored credit card securitization trusts | ' | ' |
Senior Securities Purchased, Excluded from Interests Continued To Be Held By Transferor, Fair Value | 169,000,000 | 131,000,000 |
Subordinated Securities Purchased, Excluded From Interests Continued To Be Held by Transferor, Fair Value | 20,000,000 | 45,000,000 |
Prime/Alt A and Option Arms | ' | ' |
Firm-sponsored mortgage and other consumer securitization trusts | ' | ' |
Total assets held by securitization VIEs | 112,900,000,000 | 133,500,000,000 |
Subprime | ' | ' |
Firm-sponsored mortgage and other consumer securitization trusts | ' | ' |
Total assets held by securitization VIEs | 33,000,000,000 | 34,500,000,000 |
Commercial mortgage | ' | ' |
Firm-sponsored mortgage and other consumer securitization trusts | ' | ' |
Total assets held by securitization VIEs | 125,400,000,000 | 127,800,000,000 |
Variable Interest Entity, Primary Beneficiary | ' | ' |
Firm-sponsored mortgage and other consumer securitization trusts | ' | ' |
Assets held in consolidated securitization VIEs | 5,400,000,000 | 4,000,000,000 |
Variable Interest Entity, Primary Beneficiary | Prime/Alt A and Option Arms | ' | ' |
Firm-sponsored mortgage and other consumer securitization trusts | ' | ' |
Assets held in consolidated securitization VIEs | 3,600,000,000 | 2,700,000,000 |
Variable Interest Entity, Primary Beneficiary | Subprime | ' | ' |
Firm-sponsored mortgage and other consumer securitization trusts | ' | ' |
Assets held in consolidated securitization VIEs | 1,800,000,000 | 1,300,000,000 |
Variable Interest Entity, Primary Beneficiary | Commercial mortgage | ' | ' |
Firm-sponsored mortgage and other consumer securitization trusts | ' | ' |
Assets held in consolidated securitization VIEs | 0 | 0 |
Variable Interest Entity, Not Primary Beneficiary | ' | ' |
Firm-sponsored mortgage and other consumer securitization trusts | ' | ' |
Assets held in nonconsolidated securitization VIEs with continuing involvement | 211,379,000,000 | 219,765,000,000 |
Firm-sponsored credit card securitization trusts | ' | ' |
Interest in sponsored credit card securitization trusts | 4,300,000,000 | 4,700,000,000 |
Variable Interest Entity, Not Primary Beneficiary | Trading assets | ' | ' |
Firm-sponsored credit card securitization trusts | ' | ' |
Interest in sponsored credit card securitization trusts | 1,000,000,000 | 1,900,000,000 |
Variable Interest Entity, Not Primary Beneficiary | Available-for-sale Securities | ' | ' |
Firm-sponsored credit card securitization trusts | ' | ' |
Interest in sponsored credit card securitization trusts | 3,300,000,000 | 2,800,000,000 |
Variable Interest Entity, Not Primary Beneficiary | Prime/Alt A and Option Arms | ' | ' |
Firm-sponsored mortgage and other consumer securitization trusts | ' | ' |
Assets held in nonconsolidated securitization VIEs with continuing involvement | 93,718,000,000 | 106,667,000,000 |
Firm-sponsored credit card securitization trusts | ' | ' |
Interest in sponsored credit card securitization trusts | 800,000,000 | 300,000,000 |
Variable Interest Entity, Not Primary Beneficiary | Prime/Alt A and Option Arms | Trading assets | ' | ' |
Firm-sponsored credit card securitization trusts | ' | ' |
Interest in sponsored credit card securitization trusts | 500,000,000 | 300,000,000 |
Variable Interest Entity, Not Primary Beneficiary | Prime/Alt A and Option Arms | Available-for-sale Securities | ' | ' |
Firm-sponsored credit card securitization trusts | ' | ' |
Interest in sponsored credit card securitization trusts | 300,000,000 | 0 |
Variable Interest Entity, Not Primary Beneficiary | Subprime | ' | ' |
Firm-sponsored mortgage and other consumer securitization trusts | ' | ' |
Assets held in nonconsolidated securitization VIEs with continuing involvement | 29,129,000,000 | 31,264,000,000 |
Firm-sponsored credit card securitization trusts | ' | ' |
Interest in sponsored credit card securitization trusts | 100,000,000 | 100,000,000 |
Variable Interest Entity, Not Primary Beneficiary | Subprime | Trading assets | ' | ' |
Firm-sponsored credit card securitization trusts | ' | ' |
Interest in sponsored credit card securitization trusts | 100,000,000 | 100,000,000 |
Variable Interest Entity, Not Primary Beneficiary | Subprime | Available-for-sale Securities | ' | ' |
Firm-sponsored credit card securitization trusts | ' | ' |
Interest in sponsored credit card securitization trusts | 0 | 0 |
Variable Interest Entity, Not Primary Beneficiary | Commercial mortgage | ' | ' |
Firm-sponsored mortgage and other consumer securitization trusts | ' | ' |
Assets held in nonconsolidated securitization VIEs with continuing involvement | 88,532,000,000 | 81,834,000,000 |
Firm-sponsored credit card securitization trusts | ' | ' |
Interest in sponsored credit card securitization trusts | 3,400,000,000 | 4,300,000,000 |
Variable Interest Entity, Not Primary Beneficiary | Commercial mortgage | Trading assets | ' | ' |
Firm-sponsored credit card securitization trusts | ' | ' |
Interest in sponsored credit card securitization trusts | 400,000,000 | 1,500,000,000 |
Variable Interest Entity, Not Primary Beneficiary | Commercial mortgage | Available-for-sale Securities | ' | ' |
Firm-sponsored credit card securitization trusts | ' | ' |
Interest in sponsored credit card securitization trusts | 3,000,000,000 | 2,800,000,000 |
External Credit Rating, Investment Grade [Member] | Prime/Alt A and Option Arms | ' | ' |
Firm-sponsored credit card securitization trusts | ' | ' |
Retained Interest, Fair Value Disclosure | 437,000,000 | 170,000,000 |
External Credit Rating, Investment Grade [Member] | Commercial mortgage | ' | ' |
Firm-sponsored credit card securitization trusts | ' | ' |
Retained Interest, Fair Value Disclosure | 3,300,000,000 | 4,100,000,000 |
Noninvestment-grade | Prime/Alt A and Option Arms | ' | ' |
Firm-sponsored credit card securitization trusts | ' | ' |
Retained Interest, Fair Value Disclosure | 339,000,000 | 171,000,000 |
Noninvestment-grade | Commercial mortgage | ' | ' |
Firm-sponsored credit card securitization trusts | ' | ' |
Retained Interest, Fair Value Disclosure | $154,000,000 | $164,000,000 |
Variable_Interest_Entities_Res
Variable Interest Entities - Resecuritizations, Multi-seller Conduits (Details 1) (USD $) | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | |
Variable Interest Entity | ' | ' | ' | ' | ' |
Securities transferred to agency resecuritization VIEs | $7,500,000,000 | $2,000,000,000 | $14,600,000,000 | $8,000,000,000 | ' |
Securities transferred to private-label re-securitization VIEs | 0 | 45,000,000 | 0 | 286,000,000 | ' |
Total assets | 2,463,309,000,000 | 2,321,284,000,000 | 2,463,309,000,000 | 2,321,284,000,000 | 2,359,141,000,000 |
Unfunded Portion of Commitments to Multi-Seller Conduits | 1,040,105,000,000 | 1,019,073,000,000 | 1,040,105,000,000 | 1,019,073,000,000 | 1,027,988,000,000 |
Mortgage Securitization Entities | Re securitizations | ' | ' | ' | ' | ' |
Variable Interest Entity | ' | ' | ' | ' | ' |
Senior and subordinated interest in nonconsolidated agency re-securitization entities | 2,600,000,000 | ' | 2,600,000,000 | ' | 2,000,000,000 |
Mortgage Securitization Entities | Re securitizations | Private label Resecuritizations | ' | ' | ' | ' | ' |
Variable Interest Entity | ' | ' | ' | ' | ' |
Senior and subordinated interest in nonconsolidated agency re-securitization entities | 5,000,000 | ' | 5,000,000 | ' | 61,000,000 |
Mortgage Securitization Entities | Re securitizations | Residential mortgage | Private label Resecuritizations | ' | ' | ' | ' | ' |
Variable Interest Entity | ' | ' | ' | ' | ' |
Variable Interest Entity, Consolidated, Carrying Amount, Assets | 87,000,000 | ' | 87,000,000 | ' | 76,000,000 |
Variable Interest Entity, Consolidated, Carrying Amount, Liabilities | 23,000,000 | ' | 23,000,000 | ' | 5,000,000 |
Multi-seller conduits | ' | ' | ' | ' | ' |
Variable Interest Entity | ' | ' | ' | ' | ' |
Commercial paper issued by consolidated Variable Interest Entities eliminated in Consolidation | 4,200,000,000 | ' | 4,200,000,000 | ' | 8,300,000,000 |
Multi-seller conduits | Commercial Mortgage Backed Securities | ' | ' | ' | ' | ' |
Variable Interest Entity | ' | ' | ' | ' | ' |
Unfunded Portion of Commitments to Multi-Seller Conduits | 11,200,000,000 | ' | 11,200,000,000 | ' | 10,800,000,000 |
Nonconsolidated Private-Label Re-securitizations | ' | ' | ' | ' | ' |
Variable Interest Entity | ' | ' | ' | ' | ' |
Total assets | $2,600,000,000 | ' | $2,600,000,000 | ' | $4,600,000,000 |
Variable_Interest_Entities_Mun
Variable Interest Entities - Municipal Bond Vehicle VIEs (Details 2a) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 |
JPMorgan Chase & Co | JPMorgan Chase & Co | Nonconsolidated Municipal Bond Vehicles | Nonconsolidated Municipal Bond Vehicles | Internal Credit Rating Investment Grade One [Member] | Internal Credit Rating Investment Grade One [Member] | Internal Credit Rating Investment Grade Two Member | Internal Credit Rating Investment Grade Two Member | Internal Credit Rating Investment Grade Three Member | Internal Credit Rating Investment Grade Three Member | Internal Credit Rating Investment Grade Four Member | Internal Credit Rating Investment Grade Four Member | Noninvestment-grade BB plus and below | Noninvestment-grade BB plus and below | ||||
Municipal Bonds | Municipal Bonds | Municipal Bonds | Municipal Bonds | Nonconsolidated Municipal Bond Vehicles | Nonconsolidated Municipal Bond Vehicles | Nonconsolidated Municipal Bond Vehicles | Nonconsolidated Municipal Bond Vehicles | Nonconsolidated Municipal Bond Vehicles | Nonconsolidated Municipal Bond Vehicles | Nonconsolidated Municipal Bond Vehicles | Nonconsolidated Municipal Bond Vehicles | Nonconsolidated Municipal Bond Vehicles | Nonconsolidated Municipal Bond Vehicles | ||||
Municipal Bonds | Municipal Bonds | Municipal Bonds | Municipal Bonds | Municipal Bonds | Municipal Bonds | Municipal Bonds | Municipal Bonds | Municipal Bonds | Municipal Bonds | ||||||||
Firm's exposure to nonconsolidated municipal bond VIEs [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair value of non-consolidated assets held by VIEs | $2,463,309,000,000 | $2,359,141,000,000 | $2,321,284,000,000 | ' | ' | $12,700,000,000 | $14,200,000,000 | $2,900,000,000 | $3,100,000,000 | $9,700,000,000 | $11,000,000,000 | $100,000,000 | $100,000,000 | $0 | $0 | $0 | $0 |
Liquidity facilities provided by Firm serving as liquidity provider | ' | ' | ' | ' | ' | 7,600,000,000 | 8,000,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Excess/ (deficit) | ' | ' | ' | ' | ' | 5,100,000,000 | 6,200,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Maximum exposure | ' | ' | ' | $7,600,000,000 | $8,000,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Variable Interest Entity Weighted Average Expected Life Of Assets Unconsolidated V I E | ' | ' | ' | ' | ' | '6 years 2 months 12 days | '5 years 10 months 24 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Variable_Interest_Entities_Cre
Variable Interest Entities - Credit Related Note, Asset Swap Vehicle VIEs (Details 2b) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
Variable Interest Entity, Not Primary Beneficiary | ' | ' |
Exposure to nonconsolidated credit-linked note and asset swap VIEs [Abstract] | ' | ' |
Exposure to non-consolidated VIEs | $700,000,000 | $1,500,000,000 |
Par value of collateral held by VIEs | 16,300,000,000 | 20,800,000,000 |
Variable Interest Entity, Not Primary Beneficiary | Credit linked notes | ' | ' |
Exposure to nonconsolidated credit-linked note and asset swap VIEs [Abstract] | ' | ' |
Exposure to non-consolidated VIEs | 300,000,000 | 1,100,000,000 |
Par value of collateral held by VIEs | 9,100,000,000 | 12,900,000,000 |
Variable Interest Entity, Not Primary Beneficiary | Static structure | ' | ' |
Exposure to nonconsolidated credit-linked note and asset swap VIEs [Abstract] | ' | ' |
Exposure to non-consolidated VIEs | 0 | 500,000,000 |
Par value of collateral held by VIEs | 4,800,000,000 | 7,300,000,000 |
Variable Interest Entity, Not Primary Beneficiary | Managed structure | ' | ' |
Exposure to nonconsolidated credit-linked note and asset swap VIEs [Abstract] | ' | ' |
Exposure to non-consolidated VIEs | 300,000,000 | 600,000,000 |
Par value of collateral held by VIEs | 4,300,000,000 | 5,600,000,000 |
Variable Interest Entity, Not Primary Beneficiary | Asset Swap VIEs | ' | ' |
Exposure to nonconsolidated credit-linked note and asset swap VIEs [Abstract] | ' | ' |
Exposure to non-consolidated VIEs | 400,000,000 | 400,000,000 |
Par value of collateral held by VIEs | 7,200,000,000 | 7,900,000,000 |
Variable Interest Entity, Primary Beneficiary | Credit linked notes | ' | ' |
Exposure to nonconsolidated credit-linked note and asset swap VIEs [Abstract] | ' | ' |
Variable Interest Entity, Consolidated, Carrying Amount, Assets | 316,000,000 | 483,000,000 |
Net derivative receivables | Variable Interest Entity, Not Primary Beneficiary | ' | ' |
Exposure to nonconsolidated credit-linked note and asset swap VIEs [Abstract] | ' | ' |
Exposure to non-consolidated VIEs | 700,000,000 | 1,500,000,000 |
Net derivative receivables | Variable Interest Entity, Not Primary Beneficiary | Credit linked notes | ' | ' |
Exposure to nonconsolidated credit-linked note and asset swap VIEs [Abstract] | ' | ' |
Exposure to non-consolidated VIEs | 300,000,000 | 1,100,000,000 |
Net derivative receivables | Variable Interest Entity, Not Primary Beneficiary | Static structure | ' | ' |
Exposure to nonconsolidated credit-linked note and asset swap VIEs [Abstract] | ' | ' |
Exposure to non-consolidated VIEs | 0 | 500,000,000 |
Net derivative receivables | Variable Interest Entity, Not Primary Beneficiary | Managed structure | ' | ' |
Exposure to nonconsolidated credit-linked note and asset swap VIEs [Abstract] | ' | ' |
Exposure to non-consolidated VIEs | 300,000,000 | 600,000,000 |
Net derivative receivables | Variable Interest Entity, Not Primary Beneficiary | Asset Swap VIEs | ' | ' |
Exposure to nonconsolidated credit-linked note and asset swap VIEs [Abstract] | ' | ' |
Exposure to non-consolidated VIEs | $400,000,000 | $400,000,000 |
Variable_Interest_Entities_Con
Variable Interest Entities - Consolidated VIE Assets and Liabilities (Details 3) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 |
In Millions, unless otherwise specified | |||
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract] | ' | ' | ' |
Trading assets - debt and equity instruments | $383,348 | $450,028 | ' |
Loans | 728,679 | 733,796 | ' |
Other assets, at fair value | 111,282 | 101,775 | ' |
Total assets | 2,463,309 | 2,359,141 | 2,321,284 |
Beneficial interest liability, at fair value | 48,858 | 63,191 | ' |
Total liabilities | 2,256,639 | 2,155,072 | ' |
Variable Interest Entity, Primary Beneficiary | ' | ' | ' |
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract] | ' | ' | ' |
Loans | 69,400 | 82,700 | ' |
Other assets, at fair value | 2,300 | 2,100 | ' |
Total assets | 78,900 | 96,800 | ' |
Beneficial interest liability, at fair value | 48,900 | 63,200 | ' |
Other liabilities | 1,000 | 1,200 | ' |
Total liabilities | 49,900 | 64,400 | ' |
Variable Interest Entity, Primary Beneficiary | Long Term Beneficial Interests | ' | ' | ' |
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract] | ' | ' | ' |
Beneficial interest liability, at fair value | 31,600 | 35,000 | ' |
Variable Interest Entity, Primary Beneficiary | Long Term Beneficial Interests Maturities Under One Year | ' | ' | ' |
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract] | ' | ' | ' |
Beneficial interest liability, at fair value | 5,500 | ' | ' |
Variable Interest Entity, Primary Beneficiary | Long Term Beneficial Interests Maturities Between One And Five Years | ' | ' | ' |
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract] | ' | ' | ' |
Beneficial interest liability, at fair value | 18,700 | ' | ' |
Variable Interest Entity, Primary Beneficiary | Long Term Beneficial Interests Maturities Over Five Years | ' | ' | ' |
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract] | ' | ' | ' |
Beneficial interest liability, at fair value | 7,400 | ' | ' |
Variable Interest Entity, Primary Beneficiary | Debt and equity securities | ' | ' | ' |
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract] | ' | ' | ' |
Trading assets - debt and equity instruments | 7,200 | 12,000 | ' |
Variable Interest Entity, Primary Beneficiary | Firm Sponsored Credit Card Securitization Trusts | ' | ' | ' |
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract] | ' | ' | ' |
Loans | 47,500 | 51,900 | ' |
Other assets, at fair value | 1,000 | 800 | ' |
Total assets | 48,500 | 52,700 | ' |
Beneficial interest liability, at fair value | 26,400 | 30,100 | ' |
Other liabilities | 0 | 0 | ' |
Total liabilities | 26,400 | 30,100 | ' |
Variable Interest Entity, Primary Beneficiary | Firm Sponsored Credit Card Securitization Trusts | Debt and equity securities | ' | ' | ' |
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract] | ' | ' | ' |
Trading assets - debt and equity instruments | 0 | 0 | ' |
Variable Interest Entity, Primary Beneficiary | Firm Administered Multi Seller Conduits | ' | ' | ' |
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract] | ' | ' | ' |
Loans | 17,600 | 25,400 | ' |
Other assets, at fair value | 100 | 100 | ' |
Total assets | 17,700 | 25,500 | ' |
Beneficial interest liability, at fair value | 13,400 | 17,200 | ' |
Other liabilities | 0 | 0 | ' |
Total liabilities | 13,400 | 17,200 | ' |
Variable Interest Entity, Primary Beneficiary | Firm Administered Multi Seller Conduits | Debt and equity securities | ' | ' | ' |
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract] | ' | ' | ' |
Trading assets - debt and equity instruments | 0 | 0 | ' |
Variable Interest Entity, Primary Beneficiary | Municipal bonds vehicles | ' | ' | ' |
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract] | ' | ' | ' |
Loans | 0 | 0 | ' |
Other assets, at fair value | 0 | 100 | ' |
Total assets | 4,400 | 9,900 | ' |
Beneficial interest liability, at fair value | 3,800 | 11,000 | ' |
Other liabilities | 0 | 0 | ' |
Total liabilities | 3,800 | 11,000 | ' |
Variable Interest Entity, Primary Beneficiary | Municipal bonds vehicles | Debt and equity securities | ' | ' | ' |
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract] | ' | ' | ' |
Trading assets - debt and equity instruments | 4,400 | 9,800 | ' |
Variable Interest Entity, Primary Beneficiary | Mortgages [Member] | ' | ' | ' |
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract] | ' | ' | ' |
Loans | 1,800 | 2,000 | ' |
Other assets, at fair value | 0 | 0 | ' |
Total assets | 3,900 | 3,400 | ' |
Beneficial interest liability, at fair value | 2,800 | 2,300 | ' |
Other liabilities | 900 | 1,100 | ' |
Total liabilities | 3,700 | 3,400 | ' |
Variable Interest Entity, Primary Beneficiary | Mortgages [Member] | Debt and equity securities | ' | ' | ' |
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract] | ' | ' | ' |
Trading assets - debt and equity instruments | 2,100 | 1,400 | ' |
Variable Interest Entity, Primary Beneficiary | Vie Program Type Other | ' | ' | ' |
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract] | ' | ' | ' |
Loans | 2,500 | 3,400 | ' |
Other assets, at fair value | 1,200 | 1,100 | ' |
Total assets | 4,400 | 5,300 | ' |
Beneficial interest liability, at fair value | 2,500 | 2,600 | ' |
Other liabilities | 100 | 100 | ' |
Total liabilities | 2,600 | 2,700 | ' |
Variable Interest Entity, Primary Beneficiary | Vie Program Type Other | Debt and equity securities | ' | ' | ' |
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract] | ' | ' | ' |
Trading assets - debt and equity instruments | 700 | 800 | ' |
Student Loans | Variable Interest Entity, Primary Beneficiary | ' | ' | ' |
Information on assets and liabilities related to VIEs that are consolidated by the Firm [Abstract] | ' | ' | ' |
Variable Interest Entity, Consolidated, Carrying Amount, Assets | $2,600 | $3,300 | ' |
Variable_Interest_Entities_Sec
Variable Interest Entities - Securitization Activity (Details 4) (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
Variable Interest Entity (VIE) or Potential VIE, Information Unavailability [Member] | Commercial Mortgage Backed Securities | ' | ' | ' | ' |
Securitization activity [Abstract] | ' | ' | ' | ' |
Principal securitized | $1,867,000,000 | $1,004,000,000 | $7,151,000,000 | $3,067,000,000 |
All cash flows during the period: | ' | ' | ' | ' |
Proceeds from new securitizations | 1,855,000,000 | 1,050,000,000 | 7,281,000,000 | 3,211,000,000 |
Servicing fees collected | 1,000,000 | 1,000,000 | 4,000,000 | 3,000,000 |
Purchases of previously transferred financial assets (or the underlying collateral) | 0 | 0 | 0 | 0 |
Cash flows received on interests | 116,000,000 | 34,000,000 | 258,000,000 | 116,000,000 |
Variable Interest Entity (VIE) or Potential VIE, Information Unavailability [Member] | Residential and commercial mortgage securitizations | ' | ' | ' | ' |
Securitization activity [Abstract] | ' | ' | ' | ' |
Principal securitized | 345,000,000 | 0 | 1,404,000,000 | 0 |
All cash flows during the period: | ' | ' | ' | ' |
Proceeds from new securitizations | 330,000,000 | 0 | 1,410,000,000 | 0 |
Servicing fees collected | 149,000,000 | 155,000,000 | 434,000,000 | 506,000,000 |
Purchases of previously transferred financial assets (or the underlying collateral) | 12,000,000 | 46,000,000 | 283,000,000 | 157,000,000 |
Cash flows received on interests | 51,000,000 | 49,000,000 | 106,000,000 | 146,000,000 |
Fair Value, Inputs, Level 2 [Member] | Commercial Mortgage Backed Securities | ' | ' | ' | ' |
All cash flows during the period: | ' | ' | ' | ' |
Proceeds from new securitizations | ' | 1,100,000,000 | ' | 3,200,000,000 |
Fair Value, Inputs, Level 2 [Member] | Residential and commercial mortgage securitizations | ' | ' | ' | ' |
All cash flows during the period: | ' | ' | ' | ' |
Proceeds from new securitizations | 330,000,000 | ' | 1,400,000,000 | ' |
Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Commercial Mortgage Backed Securities | ' | ' | ' | ' |
All cash flows during the period: | ' | ' | ' | ' |
Proceeds from new securitizations | 1,900,000,000 | ' | 7,100,000,000 | ' |
Cash [Member] | Fair Value, Inputs, Level 2 [Member] | Commercial Mortgage Backed Securities | ' | ' | ' | ' |
All cash flows during the period: | ' | ' | ' | ' |
Proceeds from new securitizations | $0 | ' | $207,000,000 | ' |
Variable_Interest_Entities_Loa
Variable Interest Entities - Loans Sold to Third-Party Sponsored Securitization Entities (Details 5) (Variable Interest Entity, Not Primary Beneficiary, USD $) | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | |
Variable Interest Entity, Not Primary Beneficiary | ' | ' | ' | ' | ' |
Summary of loan sale activities [Abstract] | ' | ' | ' | ' | ' |
Carrying value of loans sold | $39,354,000,000 | $47,900,000,000 | $142,279,000,000 | $131,633,000,000 | ' |
Proceeds received from loan sales as cash | 202,000,000 | 26,000,000 | 663,000,000 | 67,000,000 | ' |
Proceeds from loans sales as securities | 38,661,000,000 | 47,324,000,000 | 140,053,000,000 | 130,015,000,000 | ' |
Total proceeds received from loan sales | 38,863,000,000 | 47,350,000,000 | 140,716,000,000 | 130,082,000,000 | ' |
Gains on loan sales | 31,000,000 | 50,000,000 | 281,000,000 | 141,000,000 | ' |
Loans Repurchased Or Loans With The Option To Repurchase | 14,000,000,000 | ' | 14,000,000,000 | ' | 15,600,000,000 |
Real Estate Acquired Through Foreclosure | $1,900,000,000 | ' | $1,900,000,000 | ' | $1,600,000,000 |
Variable_Interest_Entities_Int
Variable Interest Entities - Interest in Securitized Assets Held at Fair Value (Details 6) (USD $) | 9 Months Ended | 12 Months Ended |
In Millions, unless otherwise specified | Sep. 30, 2013 | Dec. 31, 2012 |
Key Economic Assumptions Used to Determine Fair Value [Abstract] | ' | ' |
Changes In Fair Value Based On Variation In Assumptions Limit First | 10.00% | 20.00% |
Variable Interest Entity, Not Primary Beneficiary | Prime/Alt A and Option Arms | ' | ' |
Key Economic Assumptions Used to Determine Fair Value [Abstract] | ' | ' |
JPMorgan Chase interests in securitized assets | 506 | 341 |
Variable Interest Entity, Not Primary Beneficiary | Subprime | ' | ' |
Key Economic Assumptions Used to Determine Fair Value [Abstract] | ' | ' |
JPMorgan Chase interests in securitized assets | 117 | 68 |
Variable Interest Entity, Not Primary Beneficiary | Commercial mortgage | ' | ' |
Key Economic Assumptions Used to Determine Fair Value [Abstract] | ' | ' |
JPMorgan Chase interests in securitized assets | 427 | 1,488 |
Weighted-average life (in years) | '5 years 9 months 18 days | '6 years 1 month 6 days |
Weighted-average discount rate | 4.50% | 4.10% |
Impact of 10% adverse change | -9 | -34 |
Impact of 20% adverse change | -17 | -65 |
Variable_Interest_Entities_Loa1
Variable Interest Entities - Loan Delinquencies and Net Charge-offs (Details 7) (USD $) | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | |
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract] | ' | ' | ' | ' | ' |
Total assets held by securitization VIEs | $271,300,000,000 | ' | $271,300,000,000 | ' | $295,800,000,000 |
Prime/Alt A and Option Arms | ' | ' | ' | ' | ' |
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract] | ' | ' | ' | ' | ' |
Total assets held by securitization VIEs | 112,900,000,000 | ' | 112,900,000,000 | ' | 133,500,000,000 |
Subprime | ' | ' | ' | ' | ' |
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract] | ' | ' | ' | ' | ' |
Total assets held by securitization VIEs | 33,000,000,000 | ' | 33,000,000,000 | ' | 34,500,000,000 |
Commercial mortgage | ' | ' | ' | ' | ' |
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract] | ' | ' | ' | ' | ' |
Total assets held by securitization VIEs | 125,400,000,000 | ' | 125,400,000,000 | ' | 127,800,000,000 |
Securitized loans | ' | ' | ' | ' | ' |
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract] | ' | ' | ' | ' | ' |
90 days past due | 26,752,000,000 | ' | 26,752,000,000 | ' | 37,512,000,000 |
Liquidation Losses | 1,897,000,000 | 3,258,000,000 | 6,725,000,000 | 9,974,000,000 | ' |
Securitized loans in which the firm has no continuing involvement | 54,500,000,000 | ' | 54,500,000,000 | ' | 72,000,000,000 |
Securitized loans | Prime/Alt A and Option Arms | ' | ' | ' | ' | ' |
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract] | ' | ' | ' | ' | ' |
90 days past due | 16,102,000,000 | ' | 16,102,000,000 | ' | 22,865,000,000 |
Liquidation Losses | 1,004,000,000 | 1,973,000,000 | 3,963,000,000 | 7,047,000,000 | ' |
Securitized loans | Subprime | ' | ' | ' | ' | ' |
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract] | ' | ' | ' | ' | ' |
90 days past due | 7,987,000,000 | ' | 7,987,000,000 | ' | 10,570,000,000 |
Liquidation Losses | 462,000,000 | 902,000,000 | 2,001,000,000 | 2,023,000,000 | ' |
Securitized loans | Commercial mortgage | ' | ' | ' | ' | ' |
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract] | ' | ' | ' | ' | ' |
90 days past due | 2,663,000,000 | ' | 2,663,000,000 | ' | 4,077,000,000 |
Liquidation Losses | 431,000,000 | 383,000,000 | 761,000,000 | 904,000,000 | ' |
Variable Interest Entity, Not Primary Beneficiary | ' | ' | ' | ' | ' |
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract] | ' | ' | ' | ' | ' |
Credit exposure / loans securitized | 211,379,000,000 | ' | 211,379,000,000 | ' | 219,765,000,000 |
Variable Interest Entity, Not Primary Beneficiary | Prime/Alt A and Option Arms | ' | ' | ' | ' | ' |
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract] | ' | ' | ' | ' | ' |
Credit exposure / loans securitized | 93,718,000,000 | ' | 93,718,000,000 | ' | 106,667,000,000 |
Variable Interest Entity, Not Primary Beneficiary | Subprime | ' | ' | ' | ' | ' |
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract] | ' | ' | ' | ' | ' |
Credit exposure / loans securitized | 29,129,000,000 | ' | 29,129,000,000 | ' | 31,264,000,000 |
Variable Interest Entity, Not Primary Beneficiary | Commercial mortgage | ' | ' | ' | ' | ' |
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract] | ' | ' | ' | ' | ' |
Credit exposure / loans securitized | 88,532,000,000 | ' | 88,532,000,000 | ' | 81,834,000,000 |
Variable Interest Entity, Primary Beneficiary | ' | ' | ' | ' | ' |
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract] | ' | ' | ' | ' | ' |
Assets held in consolidated securitization VIEs | 5,400,000,000 | ' | 5,400,000,000 | ' | 4,000,000,000 |
Variable Interest Entity, Primary Beneficiary | Prime/Alt A and Option Arms | ' | ' | ' | ' | ' |
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract] | ' | ' | ' | ' | ' |
Assets held in consolidated securitization VIEs | 3,600,000,000 | ' | 3,600,000,000 | ' | 2,700,000,000 |
Variable Interest Entity, Primary Beneficiary | Subprime | ' | ' | ' | ' | ' |
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract] | ' | ' | ' | ' | ' |
Assets held in consolidated securitization VIEs | 1,800,000,000 | ' | 1,800,000,000 | ' | 1,300,000,000 |
Variable Interest Entity, Primary Beneficiary | Commercial mortgage | ' | ' | ' | ' | ' |
Information about delinquencies, net charge-offs, and components of off-balance sheet securitized financial assets [Abstract] | ' | ' | ' | ' | ' |
Assets held in consolidated securitization VIEs | $0 | ' | $0 | ' | $0 |
Goodwill_and_Other_Intangible_3
Goodwill and Other Intangible Assets (Details) (USD $) | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2011 |
In Millions, unless otherwise specified | ||||||
Intangible Assets By Major Class [Line Items] | ' | ' | ' | ' | ' | ' |
Goodwill | $48,100 | $48,057 | $48,175 | $48,178 | $48,131 | $48,188 |
Mortgage servicing rights | 9,490 | 9,335 | 7,614 | 7,080 | 7,118 | 7,223 |
Other intangible assets: | ' | ' | ' | ' | ' | ' |
Other intangible assets | 1,817 | ' | 2,235 | ' | ' | ' |
Purchased Credit Card Relationships [Member] | ' | ' | ' | ' | ' | ' |
Other intangible assets: | ' | ' | ' | ' | ' | ' |
Other intangible assets | 176 | ' | 295 | ' | ' | ' |
Other credit card- related intangibles [Member] | ' | ' | ' | ' | ' | ' |
Other intangible assets: | ' | ' | ' | ' | ' | ' |
Other intangible assets | 188 | ' | 229 | ' | ' | ' |
Core Deposit Intangibles [Member] | ' | ' | ' | ' | ' | ' |
Other intangible assets: | ' | ' | ' | ' | ' | ' |
Other intangible assets | 206 | ' | 355 | ' | ' | ' |
Other intangibles [Member] | ' | ' | ' | ' | ' | ' |
Other intangible assets: | ' | ' | ' | ' | ' | ' |
Other intangible assets | $1,247 | ' | $1,356 | ' | ' | ' |
Goodwill_and_Other_Intangible_4
Goodwill and Other Intangible Assets - by Business Segment (Details 1) (USD $) | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2011 |
In Millions, unless otherwise specified | ||||||
Goodwill [Line Items] | ' | ' | ' | ' | ' | ' |
Total goodwill | $48,100 | $48,057 | $48,175 | $48,178 | $48,131 | $48,188 |
Consumer & Community Banking | ' | ' | ' | ' | ' | ' |
Goodwill [Line Items] | ' | ' | ' | ' | ' | ' |
Total goodwill | 31,000 | ' | 31,048 | ' | ' | ' |
Corporate & Investment Bank | ' | ' | ' | ' | ' | ' |
Goodwill [Line Items] | ' | ' | ' | ' | ' | ' |
Total goodwill | 6,882 | ' | 6,895 | ' | ' | ' |
Commercial Banking | ' | ' | ' | ' | ' | ' |
Goodwill [Line Items] | ' | ' | ' | ' | ' | ' |
Total goodwill | 2,862 | ' | 2,863 | ' | ' | ' |
Asset Management | ' | ' | ' | ' | ' | ' |
Goodwill [Line Items] | ' | ' | ' | ' | ' | ' |
Total goodwill | 6,979 | ' | 6,992 | ' | ' | ' |
Corporate/Private Equity | ' | ' | ' | ' | ' | ' |
Goodwill [Line Items] | ' | ' | ' | ' | ' | ' |
Total goodwill | $377 | ' | $377 | ' | ' | ' |
Goodwill_and_Other_Intangible_5
Goodwill and Other Intangible Assets - Changes During Period (Details 2) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Changes in the carrying amount of goodwill [Abstract] | ' | ' | ' | ' |
Balance at beginning of period | $48,057 | $48,131 | $48,175 | $48,188 |
Changes during the period: | ' | ' | ' | ' |
Business combinations | 11 | 11 | 47 | 31 |
Dispositions | 0 | 0 | -5 | -4 |
Other | 32 | 36 | -117 | -37 |
Balance at end of period | $48,100 | $48,178 | $48,100 | $48,178 |
Goodwill_and_Other_Intangible_6
Goodwill and Other Intangible Assets - Mortgage Servicing Rights (Details 3) (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
Mortgage servicing rights activity | ' | ' | ' | ' |
Fair value at the beginning of the period | $9,335,000,000 | $7,118,000,000 | $7,614,000,000 | $7,223,000,000 |
MSR activity | ' | ' | ' | ' |
Originations of MSRs | 532,000,000 | 604,000,000 | 1,874,000,000 | 1,700,000,000 |
Purchase of MSRs | 2,000,000 | 2,000,000 | -1,000,000 | 5,000,000 |
Disposition of MSRs | 0 | -23,000,000 | -418,000,000 | -23,000,000 |
Net additions | 534,000,000 | 583,000,000 | 1,455,000,000 | 1,682,000,000 |
Changes due to collection/realization of expected cash flows | -286,000,000 | -292,000,000 | -833,000,000 | -973,000,000 |
Changes due to market interest rates and other | 80,000,000 | -324,000,000 | 1,700,000,000 | -875,000,000 |
Changes in valuation due to inputs and assumptions, projected cash flows | -123,000,000 | -101,000,000 | 167,000,000 | -396,000,000 |
Changes in valuation due to inputs and assumptions, discount rates | 0 | -98,000,000 | -78,000,000 | -98,000,000 |
Changes in valuation due to inputs and assumptions, prepayment model changes and other | -50,000,000 | 194,000,000 | -535,000,000 | 517,000,000 |
Total changes in valuation due to other inputs and assumptions | -173,000,000 | -5,000,000 | -446,000,000 | 23,000,000 |
Total changes in valuation due to inputs and assumptions | -93,000,000 | -329,000,000 | 1,254,000,000 | -852,000,000 |
Fair value at the end of the period | 9,490,000,000 | 7,080,000,000 | 9,490,000,000 | 7,080,000,000 |
Change in unrealized gains/(losses) included in income related to Mortgage Servicing Rights | -93,000,000 | -329,000,000 | 1,254,000,000 | -852,000,000 |
Contractual service fees, late fees and other ancillary fees included in income | 808,000,000 | 914,000,000 | 2,512,000,000 | 2,896,000,000 |
Third-party mortgage loans serviced (in billions) | 838,000,000,000 | 819,000,000,000 | 838,000,000,000 | 819,000,000,000 |
Servicer advances (in billions) | 9,400,000,000 | 10,000,000,000 | 9,400,000,000 | 10,000,000,000 |
MSR activity supplemental information | ' | ' | ' | ' |
Commercial Real Estate, Fair Value, Period Increase (Decrease) | -2,000,000 | -3,000,000 | -4,000,000 | -8,000,000 |
Commercial Real Estate, Fair Value | $19,000,000 | $23,000,000 | $19,000,000 | $23,000,000 |
Goodwill_and_Other_Intangible_7
Goodwill and Other Intangible Assets - Mortgage Fees and Related Income (Details 4) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Risk management: | ' | ' | ' | ' |
All other | $2 | $1 | $8 | $3 |
Mortgage fees and related income | 841 | 2,377 | 4,116 | 6,652 |
Consumer & Community Banking | ' | ' | ' | ' |
Net production revenue: | ' | ' | ' | ' |
Production revenue | 311 | 1,582 | 2,370 | 4,376 |
Repurchase Losses | 175 | -13 | 110 | -325 |
Net production revenue | 486 | 1,569 | 2,480 | 4,051 |
Operating revenue: | ' | ' | ' | ' |
Loan servicing revenue | 817 | 946 | 2,698 | 2,989 |
Changes in MSR asset fair value due to modeled amortization | -284 | -290 | -827 | -968 |
Total operating revenue | 533 | 656 | 1,871 | 2,021 |
Risk management: | ' | ' | ' | ' |
Changes in MSR asset fair value due to market interest rates | 80 | -323 | 1,698 | -872 |
Other changes in MSR asset fair value due to inputs or assumptions in model | -173 | -5 | -446 | 23 |
Change in derivative fair value and other | -87 | 479 | -1,495 | 1,426 |
Total risk management | -180 | 151 | -243 | 577 |
Net mortgage servicing revenue | $353 | $807 | $1,628 | $2,598 |
Goodwill_and_Other_Intangible_8
Goodwill and Other Intangible Assets - Key Economic Assumptions (Details 5) (USD $) | 9 Months Ended | 12 Months Ended |
In Millions, unless otherwise specified | Sep. 30, 2013 | Dec. 31, 2012 |
Key economic assumptions used to determine the fair value of the Firm's Mortgage Servicing Rights (MSRs) [Abstract] | ' | ' |
Weighted-average prepayment speed assumption (CPR) | 8.77% | 13.04% |
Impact on fair value of 10% adverse change | ($417) | ($517) |
Impact on fair value of 20% adverse change | -810 | -1,009 |
Weighted-average option adjusted spread | 7.79% | 7.61% |
Impact on fair value of 100 basis points adverse change | -376 | -306 |
Impact on fair value of 200 basis points adverse change | ($725) | ($591) |
Goodwill_and_Other_Intangible_9
Goodwill and Other Intangible Assets - Other Intangible Assets (Details 6) (USD $) | 9 Months Ended | |
In Millions, unless otherwise specified | Sep. 30, 2013 | Dec. 31, 2012 |
Intangible Assets By Major Class [Line Items] | ' | ' |
Increase (Decrease) In Other Intangible Assets | ($418) | ' |
Components of credit card relationships, core deposits and other intangible assets [Abstract] | ' | ' |
Components of credit card relationships, core deposits and other intangible assets , Net Carrying Value | 1,817 | 2,235 |
Indefinite-Lived Intangible Assets (Excluding Goodwill) | 600 | ' |
Purchased Credit Card Relationships [Member] | ' | ' |
Components of credit card relationships, core deposits and other intangible assets [Abstract] | ' | ' |
Components of credit card relationships, core deposits and other intangible assets , Gross amount | 3,540 | 3,775 |
Components of credit card relationships, core deposits and other intangible assets , Accumulated amortization | 3,364 | 3,480 |
Components of credit card relationships, core deposits and other intangible assets , Net Carrying Value | 176 | 295 |
Other credit card- related intangibles [Member] | ' | ' |
Components of credit card relationships, core deposits and other intangible assets [Abstract] | ' | ' |
Components of credit card relationships, core deposits and other intangible assets , Gross amount | 543 | 850 |
Components of credit card relationships, core deposits and other intangible assets , Accumulated amortization | 355 | 621 |
Components of credit card relationships, core deposits and other intangible assets , Net Carrying Value | 188 | 229 |
Core Deposit Intangibles [Member] | ' | ' |
Components of credit card relationships, core deposits and other intangible assets [Abstract] | ' | ' |
Components of credit card relationships, core deposits and other intangible assets , Gross amount | 4,133 | 4,133 |
Components of credit card relationships, core deposits and other intangible assets , Accumulated amortization | 3,927 | 3,778 |
Components of credit card relationships, core deposits and other intangible assets , Net Carrying Value | 206 | 355 |
Other intangibles [Member] | ' | ' |
Components of credit card relationships, core deposits and other intangible assets [Abstract] | ' | ' |
Components of credit card relationships, core deposits and other intangible assets , Gross amount | 2,379 | 2,390 |
Components of credit card relationships, core deposits and other intangible assets , Accumulated amortization | 1,132 | 1,034 |
Components of credit card relationships, core deposits and other intangible assets , Net Carrying Value | $1,247 | $1,356 |
Recovered_Sheet1
Goodwill and Other Intangible Assets - Amortization Expense (Details 7) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Amortization expense related to credit card relationships, core deposits and other intangible assets [Abstract] | ' | ' | ' | ' |
Amortization expense | $140 | $182 | $444 | $566 |
Purchased Credit Card Relationships [Member] | ' | ' | ' | ' |
Amortization expense related to credit card relationships, core deposits and other intangible assets [Abstract] | ' | ' | ' | ' |
Amortization expense | 45 | 59 | 150 | 195 |
Other credit card- related intangibles [Member] | ' | ' | ' | ' |
Amortization expense related to credit card relationships, core deposits and other intangible assets [Abstract] | ' | ' | ' | ' |
Amortization expense | 15 | 27 | 44 | 81 |
Core Deposit Intangibles [Member] | ' | ' | ' | ' |
Amortization expense related to credit card relationships, core deposits and other intangible assets [Abstract] | ' | ' | ' | ' |
Amortization expense | 49 | 60 | 149 | 182 |
Other intangibles [Member] | ' | ' | ' | ' |
Amortization expense related to credit card relationships, core deposits and other intangible assets [Abstract] | ' | ' | ' | ' |
Amortization expense | $31 | $36 | $101 | $108 |
Recovered_Sheet2
Goodwill and Other Intangible Assets - Future Amortization Expense (Details 8) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Estimated future amortization expense related to credit card relationships, core deposits and other intangible assets [Abstract] | ' | ' | ' | ' |
2013 | $582 | ' | $582 | ' |
2014 | 365 | ' | 365 | ' |
2015 | 173 | ' | 173 | ' |
2016 | 145 | ' | 145 | ' |
2017 | 132 | ' | 132 | ' |
Amortization of Intangible Assets | 140 | 182 | 444 | 566 |
Purchased Credit Card Relationships [Member] | ' | ' | ' | ' |
Estimated future amortization expense related to credit card relationships, core deposits and other intangible assets [Abstract] | ' | ' | ' | ' |
2013 | 196 | ' | 196 | ' |
2014 | 96 | ' | 96 | ' |
2015 | 12 | ' | 12 | ' |
2016 | 9 | ' | 9 | ' |
2017 | 5 | ' | 5 | ' |
Amortization of Intangible Assets | 45 | 59 | 150 | 195 |
Other credit card- related intangibles [Member] | ' | ' | ' | ' |
Estimated future amortization expense related to credit card relationships, core deposits and other intangible assets [Abstract] | ' | ' | ' | ' |
2013 | 58 | ' | 58 | ' |
2014 | 51 | ' | 51 | ' |
2015 | 40 | ' | 40 | ' |
2016 | 34 | ' | 34 | ' |
2017 | 29 | ' | 29 | ' |
Amortization of Intangible Assets | 15 | 27 | 44 | 81 |
Core Deposit Intangibles [Member] | ' | ' | ' | ' |
Estimated future amortization expense related to credit card relationships, core deposits and other intangible assets [Abstract] | ' | ' | ' | ' |
2013 | 196 | ' | 196 | ' |
2014 | 102 | ' | 102 | ' |
2015 | 26 | ' | 26 | ' |
2016 | 14 | ' | 14 | ' |
2017 | 13 | ' | 13 | ' |
Amortization of Intangible Assets | 49 | 60 | 149 | 182 |
Other intangibles [Member] | ' | ' | ' | ' |
Estimated future amortization expense related to credit card relationships, core deposits and other intangible assets [Abstract] | ' | ' | ' | ' |
2013 | 132 | ' | 132 | ' |
2014 | 116 | ' | 116 | ' |
2015 | 95 | ' | 95 | ' |
2016 | 88 | ' | 88 | ' |
2017 | 85 | ' | 85 | ' |
Amortization of Intangible Assets | $31 | $36 | $101 | $108 |
Deposits_Noninterest_and_Inter
Deposits - Noninterest and Interest-bearing (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
U.S. offices: | ' | ' |
Noninterest-bearing | $399,658 | $380,320 |
Interest-bearing | ' | ' |
Demand | 75,624 | 53,980 |
Savings | 436,887 | 407,710 |
Time (included $6,456 and $5,140 at fair value) | 92,794 | 90,416 |
Total interest-bearing deposits | 605,305 | 552,106 |
Total deposits in U.S. offices | 1,004,963 | 932,426 |
Non-U.S. offices: | ' | ' |
Noninterest-bearing | 20,964 | 17,845 |
Interest-bearing | ' | ' |
Demand | 211,088 | 195,395 |
Savings | 1,495 | 1,004 |
Time (included $326 and $593 at fair value) | 42,592 | 46,923 |
Total interest-bearing deposits | 255,175 | 243,322 |
Total deposits in non-U.S. offices | 276,139 | 261,167 |
Total deposits | 1,281,102 | 1,193,593 |
Fair value | ' | ' |
Interest-bearing | ' | ' |
Time (included $6,456 and $5,140 at fair value) | 6,456 | 5,140 |
Interest-bearing | ' | ' |
Time (included $326 and $593 at fair value) | $326 | $593 |
Earnings_Per_Share_Details
Earnings Per Share (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, except Per Share data, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Earnings Per Share, Basic, Two Class Method [Abstract] | ' | ' | ' | ' |
Net income/(loss) | ($380) | $5,708 | $12,645 | $15,592 |
Less: Preferred stock dividends | 229 | 163 | 615 | 478 |
Net income/(loss) applicable to common equity | -609 | 5,545 | 12,030 | 15,114 |
Less: Dividends and undistributed earnings allocated to participating securities | 41 | 199 | 374 | 558 |
Net income/(loss) applicable to common stockholders | -650 | 5,346 | 11,656 | 14,556 |
Total weighted-average basic shares outstanding | 3,767 | 3,803.30 | 3,789.20 | 3,810.40 |
Net income/(loss) per share | ($0.17) | $1.41 | $3.08 | $3.82 |
Earnings Per Share, Diluted, Two Class Method [Abstract] | ' | ' | ' | ' |
Net income/(loss) applicable to common stockholders | ($650) | $5,346 | $11,656 | $14,556 |
Total weighted-average basic shares outstanding | 3,767 | 3,803.30 | 3,789.20 | 3,810.40 |
Add: Employee stock options, SARs and warrants | 0 | 10.6 | 31.7 | 12.2 |
Total weighted-average diluted shares outstanding | 3,767 | 3,813.90 | 3,820.90 | 3,822.60 |
Net income per share (Diluted) | ($0.17) | $1.40 | $3.05 | $3.81 |
Earnings Per Share, Diluted, Other Disclosures [Abstract] | ' | ' | ' | ' |
Aggregate antidilutive number of shares issuable | ' | 147 | 8 | 158 |
Accumulated_Other_Comprehensiv2
Accumulated Other Comprehensive Income/(Loss) (Details) (USD $) | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Jun. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Jun. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
Total other comprehensive income/(loss) | Total other comprehensive income/(loss) | Total other comprehensive income/(loss) | Total other comprehensive income/(loss) | Unrealized gains/(losses) on AFS securities | Unrealized gains/(losses) on AFS securities | Unrealized gains/(losses) on AFS securities | Unrealized gains/(losses) on AFS securities | Unrealized gains/(losses) on AFS securities | Unrealized gains/(losses) on AFS securities | Unrealized gains/(losses) on AFS securities | Translation adjustments | Translation adjustments | Translation adjustments | Translation adjustments | Cash flow hedges | Cash flow hedges | Cash flow hedges | Cash flow hedges | Net loss and prior service costs/(credit) of defined benefit pension and OPEB plans | Net loss and prior service costs/(credit) of defined benefit pension and OPEB plans | Net loss and prior service costs/(credit) of defined benefit pension and OPEB plans | Net loss and prior service costs/(credit) of defined benefit pension and OPEB plans | ||||||
Accumulated Other Comprehensive Income (Loss) [Roll Forward] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Beginning Balance | ' | ' | $4,102,000,000 | ' | ' | $136,000,000 | $2,272,000,000 | $4,102,000,000 | $944,000,000 | $3,137,000,000 | $4,814,000,000 | $6,868,000,000 | $3,565,000,000 | ' | ' | ' | ($146,000,000) | ($88,000,000) | ($95,000,000) | ($26,000,000) | ($232,000,000) | $89,000,000 | $120,000,000 | $51,000,000 | ($2,623,000,000) | ($2,543,000,000) | ($2,791,000,000) | ($2,646,000,000) |
Net change | 161,000,000 | 2,083,000,000 | -3,570,000,000 | 3,332,000,000 | ' | ' | ' | ' | ' | 161,000,000 | 2,083,000,000 | -3,570,000,000 | 3,332,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net change | 4,000,000 | 13,000,000 | -47,000,000 | -49,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4,000,000 | 13,000,000 | -47,000,000 | -49,000,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Net change after tax | 69,000,000 | 23,000,000 | -283,000,000 | 61,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 69,000,000 | 23,000,000 | -283,000,000 | 61,000,000 | ' | ' | ' | ' |
Net change | 20,000,000 | 35,000,000 | 188,000,000 | 138,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 20,000,000 | 35,000,000 | 188,000,000 | 138,000,000 |
Total other comprehensive income/(loss), after-tax | 254,000,000 | 2,154,000,000 | -3,712,000,000 | 3,482,000,000 | ' | 254,000,000 | 2,154,000,000 | -3,712,000,000 | 3,482,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Ending Balance | 390,000,000 | ' | 390,000,000 | ' | ' | 390,000,000 | 4,426,000,000 | 390,000,000 | 4,426,000,000 | 3,298,000,000 | 6,897,000,000 | 3,298,000,000 | 6,897,000,000 | ' | ' | ' | -142,000,000 | -75,000,000 | -142,000,000 | -75,000,000 | -163,000,000 | 112,000,000 | -163,000,000 | 112,000,000 | -2,603,000,000 | -2,508,000,000 | -2,603,000,000 | -2,508,000,000 |
Accumulated other comprehensive income (loss) - supplemental information | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
After-tax unrealized losses not related to credit on debt securities | ' | -94,000,000 | ' | -94,000,000 | -101,000,000 | ' | ' | ' | ' | 0 | ' | 0 | ' | 0 | 0 | -56,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Changes of the components of Accumulated Other Comprehensive Income (Loss) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net unrealized gains/(losses) arising during the period before tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | 290,000,000 | 3,872,000,000 | -5,172,000,000 | 7,469,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net unrealized gains/(losses) arising during the period tax effect | ' | ' | ' | ' | ' | ' | ' | ' | ' | -113,000,000 | -1,509,000,000 | 2,003,000,000 | -2,912,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net unrealized gains/(losses) arising during the period after tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | 177,000,000 | 2,363,000,000 | -3,169,000,000 | 4,557,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Reclassification adjustment for realized (gains)/losses included in net income before tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | -26,000,000 | -458,000,000 | -659,000,000 | -2,008,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Reclassification adjustment for realized (gains)/losses included in net income tax effect | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10,000,000 | 178,000,000 | 258,000,000 | 783,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Reclassification adjustment for realized (gains)/losses included in net income after tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | -16,000,000 | -280,000,000 | -401,000,000 | -1,225,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment Including OTTI, Before Tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | 264,000,000 | 3,414,000,000 | -5,831,000,000 | 5,461,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment Including OTTI, Tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | -103,000,000 | -1,331,000,000 | 2,261,000,000 | -2,129,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Available-for-sale Securities, Change in Net Unrealized Holding Gain (Loss), Net of Tax | 161,000,000 | 2,083,000,000 | -3,570,000,000 | 3,332,000,000 | ' | ' | ' | ' | ' | 161,000,000 | 2,083,000,000 | -3,570,000,000 | 3,332,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Translation before tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 349,000,000 | 413,000,000 | -685,000,000 | 108,000,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Translation tax effect | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -128,000,000 | -153,000,000 | 253,000,000 | -40,000,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Translation after tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 221,000,000 | 260,000,000 | -432,000,000 | 68,000,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Hedges - gain/(loss) before tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -343,000,000 | -404,000,000 | 648,000,000 | -191,000,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Hedges - gains/(losses) tax effect during period | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 126,000,000 | 157,000,000 | -263,000,000 | 74,000,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Hedges - gains/(losses) after tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -217,000,000 | -247,000,000 | 385,000,000 | -117,000,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Net change before tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6,000,000 | 9,000,000 | -37,000,000 | -83,000,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Net change tax effect | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -2,000,000 | 4,000,000 | -10,000,000 | 34,000,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Net change after tax | 4,000,000 | 13,000,000 | -47,000,000 | -49,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4,000,000 | 13,000,000 | -47,000,000 | -49,000,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Net unrealized gains/(losses) before tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 106,000,000 | 56,000,000 | -536,000,000 | 143,000,000 | ' | ' | ' | ' |
Net unrealized gains/(losses) arising during the period, tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -42,000,000 | -22,000,000 | 210,000,000 | -56,000,000 | ' | ' | ' | ' |
Net unrealized gains/(losses), Net of Tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 64,000,000 | 34,000,000 | -326,000,000 | 87,000,000 | ' | ' | ' | ' |
Reclassification adjustment for realized (gains)/losses included in net income, before tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7,000,000 | -19,000,000 | 70,000,000 | -44,000,000 | ' | ' | ' | ' |
Reclassification adjustment for realized (gains)/losses included in net income, tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -2,000,000 | 8,000,000 | -27,000,000 | 18,000,000 | ' | ' | ' | ' |
Reclassification adjustment for realized (gains)/losses included in net income, net of tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5,000,000 | -11,000,000 | 43,000,000 | -26,000,000 | ' | ' | ' | ' |
Net change before tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 113,000,000 | 37,000,000 | -466,000,000 | 99,000,000 | ' | ' | ' | ' |
Net change tax effect | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -44,000,000 | -14,000,000 | 183,000,000 | -38,000,000 | ' | ' | ' | ' |
Net change after tax | 69,000,000 | 23,000,000 | -283,000,000 | 61,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 69,000,000 | 23,000,000 | -283,000,000 | 61,000,000 | ' | ' | ' | ' |
Net gains/(losses), pension and OPEB, arising during period, before tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 85,000,000 | 34,000,000 |
Net gains/(losses), pension and OPEB, arising during period, tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | -25,000,000 | -13,000,000 |
Net gains/(losses), pension and OPEB, arising during period, net of tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | 60,000,000 | 21,000,000 |
Reclassification adjustments included in net income, amortization of net loss, before tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 80,000,000 | 81,000,000 | 240,000,000 | 243,000,000 |
Reclassification adjustments included in net income, amortization of net loss, tax effect | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -31,000,000 | -30,000,000 | -93,000,000 | -94,000,000 |
Reclassification adjustments included in net income, amortization of net loss, net of tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 49,000,000 | 51,000,000 | 147,000,000 | 149,000,000 |
Reclassification adjustments included in net income, prior service costs/(credits), before tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -11,000,000 | -11,000,000 | -33,000,000 | -32,000,000 |
Reclassification adjustments included in net income, prior service costs/(credits), tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4,000,000 | 4,000,000 | 13,000,000 | 12,000,000 |
Reclassification adjustments included in net income, prior service costs/(credits), net of tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -7,000,000 | -7,000,000 | -20,000,000 | -20,000,000 |
Other Comprehensive Income (Loss), Foreign Currency Exchange Rate and Other Changes, before Tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -35,000,000 | -14,000,000 | 1,000,000 | -20,000,000 |
Other Comprehensive Income (Loss) Foreign Currency Exchange Rate and Other Changes , Tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 13,000,000 | 5,000,000 | 0 | 8,000,000 |
Other Comprehensive Income (Loss), Foreign Currency Exchange Rate and Other Changes, after Tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -22,000,000 | -9,000,000 | 1,000,000 | -12,000,000 |
Net change before tax | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 34,000,000 | 56,000,000 | 293,000,000 | 225,000,000 |
Net change tax effect | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -14,000,000 | -21,000,000 | -105,000,000 | -87,000,000 |
Net change after tax | 20,000,000 | 35,000,000 | 188,000,000 | 138,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 20,000,000 | 35,000,000 | 188,000,000 | 138,000,000 |
Total Other comprehensive income/(loss) before tax | ' | ' | ' | ' | ' | 417,000,000 | 3,516,000,000 | -6,041,000,000 | 5,702,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total Other comprehensive income/(loss) tax effect | ' | ' | ' | ' | ' | ($163,000,000) | ($1,362,000,000) | $2,329,000,000 | ($2,220,000,000) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Regulatory_Capital_Details
Regulatory Capital (Details) (USD $) | Sep. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 |
Regulatory capital | ' | ' | ' |
Tier 1 capital | $161,345,000,000 | ' | $160,002,000,000 |
Total capital | 196,224,000,000 | ' | 194,036,000,000 |
Capital ratios | ' | ' | ' |
Tier 1 capital - Well capitalized ratio | 6.00% | ' | ' |
Tier 1 capital - Minimum capital ratio | 4.00% | ' | ' |
Total capital - Well-capitalized ratio | 10.00% | ' | ' |
Total capital - Minimum capital ratio | 8.00% | ' | ' |
Tier 1 leverage - Well-capitalized ratio | 5.00% | ' | ' |
Tier 1 leverage - Minimum capital ratio | 3.00% | ' | ' |
Adjustments to Capital for Deferred Tax Liabilities [Abstract] | ' | ' | ' |
Adjustments to Capital for Deferred Tax Liabilities Resulting from Nontaxable Business Combinations | 217,000,000 | ' | 291,000,000 |
Adjustments to Capital for Deferred Tax Liabilities Resulting from Tax-deductible Goodwill | 2,700,000,000 | ' | 2,500,000,000 |
JPMorgan Chase & Co. | ' | ' | ' |
Compliance with Regulatory Capital Requirements under Banking Regulations | ' | ' | ' |
Impact to Risk-weighted Assets Upon Implementation of Basel 2.5 Final Market Risk Rule | ' | 150,000,000,000 | ' |
Impact to Tier 1 Capital Ratio Upon Implementation of Basel 2.5 Final Market Risk Rule | ' | -1.40% | ' |
Impact to Total Capital Ratio Upon Implementation of Basel 2.5 Final Market Risk Rule | ' | -1.60% | ' |
Regulatory capital | ' | ' | ' |
Tier 1 capital | 161,345,000,000 | ' | 160,002,000,000 |
Total capital | 196,224,000,000 | ' | 194,036,000,000 |
Assets | ' | ' | ' |
Risk-weighted assets | 1,374,039,000,000 | ' | 1,270,378,000,000 |
Adjusted average assets | 2,327,427,000,000 | ' | 2,243,242,000,000 |
Capital ratios | ' | ' | ' |
Tier 1 capital | 11.70% | ' | 12.60% |
Total capital | 14.30% | ' | 15.30% |
Tier 1 leverage | 6.90% | ' | 7.10% |
Trust preferred capital debt securities | 5,300,000,000 | ' | ' |
Tier 1 capital, excluding trust preferred capital debt securities | 156,100,000,000 | ' | ' |
Tier 1 capital ratio, excluding trust preferred capital debt securities | 11.40% | ' | ' |
Off-balance Sheet Risk-weighted Assets | 314,200,000,000 | ' | 304,500,000,000 |
JPMorgan Chase Bank, N.A. | ' | ' | ' |
Compliance with Regulatory Capital Requirements under Banking Regulations | ' | ' | ' |
Impact to Risk-weighted Assets Upon Implementation of Basel 2.5 Final Market Risk Rule | ' | 140,000,000,000 | ' |
Impact to Tier 1 Capital Ratio Upon Implementation of Basel 2.5 Final Market Risk Rule | ' | -1.30% | ' |
Impact to Total Capital Ratio Upon Implementation of Basel 2.5 Final Market Risk Rule | ' | -1.50% | ' |
Regulatory capital | ' | ' | ' |
Tier 1 capital | 124,099,000,000 | ' | 111,827,000,000 |
Total capital | 154,793,000,000 | ' | 146,870,000,000 |
Assets | ' | ' | ' |
Risk-weighted assets | 1,163,938,000,000 | ' | 1,094,155,000,000 |
Adjusted average assets | 1,894,105,000,000 | ' | 1,815,816,000,000 |
Capital ratios | ' | ' | ' |
Tier 1 capital | 10.70% | ' | 10.20% |
Total capital | 13.30% | ' | 13.40% |
Tier 1 leverage | 6.60% | ' | 6.20% |
Trust preferred capital debt securities | 600,000,000 | ' | ' |
Tier 1 capital, excluding trust preferred capital debt securities | 123,500,000,000 | ' | ' |
Tier 1 capital ratio, excluding trust preferred capital debt securities | 10.60% | ' | ' |
Off-balance Sheet Risk-weighted Assets | 301,900,000,000 | ' | 297,100,000,000 |
Chase Bank USA, N.A. | ' | ' | ' |
Regulatory capital | ' | ' | ' |
Tier 1 capital | 11,959,000,000 | ' | 9,648,000,000 |
Total capital | 15,374,000,000 | ' | 13,131,000,000 |
Assets | ' | ' | ' |
Risk-weighted assets | 99,221,000,000 | ' | 103,593,000,000 |
Adjusted average assets | 108,802,000,000 | ' | 103,688,000,000 |
Capital ratios | ' | ' | ' |
Tier 1 capital | 12.10% | ' | 9.30% |
Total capital | 15.50% | ' | 12.70% |
Tier 1 leverage | 11.00% | ' | 9.30% |
Trust preferred capital debt securities | 0 | ' | ' |
Off-balance Sheet Risk-weighted Assets | $14,000,000 | ' | $16,000,000 |
Possibility One | ' | ' | ' |
Capital ratios | ' | ' | ' |
Tier 1 leverage - Minimum capital ratio | 3.00% | ' | ' |
Possibility Two | ' | ' | ' |
Capital ratios | ' | ' | ' |
Tier 1 leverage - Minimum capital ratio | 4.00% | ' | ' |
Regulatory_Capital_Reconciliat
Regulatory Capital - Reconciliation of Equity to Capital (Details 1) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Tier 1 capital | ' | ' |
Total stockholders' equity | $206,670 | $204,069 |
Effect of certain items in AOCI excluded from Tier 1 capital | -532 | -4,198 |
Qualifying hybrid securities and noncontrolling interests | 5,615 | 10,608 |
Less: Goodwill | 45,397 | 45,663 |
Other intangible assets | 2,160 | 2,311 |
Fair value DVA on structured notes and derivative liabilities related to the Firm’s credit quality | 1,627 | 1,577 |
Investments in certain subsidiaries | 1,224 | 926 |
Total Tier 1 capital | 161,345 | 160,002 |
Tier 2 capital | ' | ' |
Long-term debt and other instruments qualifying as Tier 2 | 17,646 | 18,061 |
Qualifying allowance for credit losses | 17,275 | 15,995 |
Other | -42 | -22 |
Total Tier 2 capital | 34,879 | 34,034 |
Total qualifying capital | $196,224 | $194,036 |
OffBalance_Sheet_LendingRelate2
Off-Balance Sheet Lending-Related Financial Instruments, Guarantees and Other Commitments (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 |
Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Consumer Loan | Consumer Loan | Consumer Loan | Consumer Loan | Consumer Loan | Consumer Loan | Consumer Loan Excluding Credit Card | Consumer Loan Excluding Credit Card | Consumer Loan Excluding Credit Card | Consumer Loan Excluding Credit Card | Consumer Loan Excluding Credit Card | Consumer Loan Excluding Credit Card | Residential Mortgage | Residential Mortgage | Residential Mortgage | Residential Mortgage | Residential Mortgage | Residential Mortgage | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Senior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Home Equity - Junior Lien | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Prime Mortgages, Including Option ARMs | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Subprime Mortgages | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Auto Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Business Banking Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Student and Other Loans | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Credit Card Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Wholesale Loan | Other Unfunded Commitments to Extend Credit | Other Unfunded Commitments to Extend Credit | Other Unfunded Commitments to Extend Credit | Other Unfunded Commitments to Extend Credit | Other Unfunded Commitments to Extend Credit | Other Unfunded Commitments to Extend Credit | Standby Letters of Credit, and Other Financial Guarantees | Standby Letters of Credit, and Other Financial Guarantees | Standby Letters of Credit, and Other Financial Guarantees | Standby Letters of Credit, and Other Financial Guarantees | Standby Letters of Credit, and Other Financial Guarantees | Standby Letters of Credit, and Other Financial Guarantees | Unused Advised Lines of Credit | Unused Advised Lines of Credit | Unused Advised Lines of Credit | Unused Advised Lines of Credit | Unused Advised Lines of Credit | Unused Advised Lines of Credit | Other Letters of Credit | Other Letters of Credit | Other Letters of Credit | Other Letters of Credit | Other Letters of Credit | Other Letters of Credit | Securities Lending Indemnifications | Securities Lending Indemnifications | Securities Lending Indemnifications | Securities Lending Indemnifications | Securities Lending Indemnifications | Securities Lending Indemnifications | Derivatives Qualifying as Guarantees | Derivatives Qualifying as Guarantees | Derivatives Qualifying as Guarantees | Derivatives Qualifying as Guarantees | Derivatives Qualifying as Guarantees | Derivatives Qualifying as Guarantees | Unsettled Reverse Repurchase and Securities Borrowing Agreements | Unsettled Reverse Repurchase and Securities Borrowing Agreements | Unsettled Reverse Repurchase and Securities Borrowing Agreements | Unsettled Reverse Repurchase and Securities Borrowing Agreements | Unsettled Reverse Repurchase and Securities Borrowing Agreements | Unsettled Reverse Repurchase and Securities Borrowing Agreements | Loans Sold With Recourse | Loans Sold With Recourse | Other Guarantees and Commitments | Other Guarantees and Commitments | Other Guarantees and Commitments | Other Guarantees and Commitments | Other Guarantees and Commitments | Other Guarantees and Commitments | Letters of Credit Hedged by Derivative Transactions | Letters of Credit Hedged by Derivative Transactions | Credit Card Loan | ||||
Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Warranty Reserves | Warranty Reserves | Warranty Reserves | Warranty Reserves | Warranty Reserves | Warranty Reserves | Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Expires in one year or less | Expires after one year through three years | Expires after three years through five years | Expires after five years | Lending-Related Commitments | ||||||||||||||||||||||||||||||||||||||||||||||||||
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Fair Value, Off-balance Sheet Risks, Disclosure Information | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Line of Credit Close Criteria, Period Past Due | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '60 days |
Off Balance Sheet Lending Related Financial Instruments Contractual Amount | $1,040,105,000,000 | $1,027,988,000,000 | $1,019,073,000,000 | $743,929,000,000 | $138,104,000,000 | $142,998,000,000 | $15,074,000,000 | $591,038,000,000 | $593,174,000,000 | $563,082,000,000 | $12,799,000,000 | $10,064,000,000 | $5,093,000,000 | $58,787,000,000 | $60,156,000,000 | $30,831,000,000 | $12,799,000,000 | $10,064,000,000 | $5,093,000,000 | ' | ' | ' | ' | ' | ' | $13,698,000,000 | $15,180,000,000 | $2,549,000,000 | $4,555,000,000 | $4,509,000,000 | $2,085,000,000 | $18,766,000,000 | $21,796,000,000 | $4,073,000,000 | $7,224,000,000 | $5,310,000,000 | $2,159,000,000 | $5,354,000,000 | $4,107,000,000 | $5,354,000,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8,973,000,000 | $7,185,000,000 | $8,519,000,000 | $300,000,000 | $134,000,000 | $20,000,000 | $11,271,000,000 | $11,092,000,000 | $10,215,000,000 | $586,000,000 | $107,000,000 | $363,000,000 | $725,000,000 | $796,000,000 | $121,000,000 | $134,000,000 | $4,000,000 | $466,000,000 | $532,251,000,000 | $533,018,000,000 | $532,251,000,000 | $0 | $0 | $0 | $449,067,000,000 | $434,814,000,000 | $180,847,000,000 | $125,305,000,000 | $132,934,000,000 | $9,981,000,000 | $251,340,000,000 | $243,225,000,000 | $65,089,000,000 | $79,956,000,000 | $98,530,000,000 | $7,765,000,000 | $94,118,000,000 | $100,929,000,000 | $26,476,000,000 | $32,400,000,000 | $33,484,000,000 | $1,758,000,000 | $97,860,000,000 | $85,087,000,000 | $84,809,000,000 | $11,837,000,000 | $808,000,000 | $406,000,000 | $5,749,000,000 | $5,573,000,000 | $4,473,000,000 | $1,112,000,000 | $112,000,000 | $52,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Off Balance Sheet Lending Related Financial Instruments Carrying Value | 1,017,000,000 | 1,033,000,000 | ' | ' | ' | ' | ' | 9,000,000 | 7,000,000 | ' | ' | ' | ' | 9,000,000 | 7,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' | ' | ' | 0 | 0 | ' | ' | ' | ' | 0 | 0 | ' | ' | ' | ' | 0 | 0 | ' | ' | ' | ' | 1,000,000 | 1,000,000 | ' | ' | ' | ' | 7,000,000 | 6,000,000 | ' | ' | ' | ' | 1,000,000 | 0 | ' | ' | ' | ' | 0 | 0 | ' | ' | ' | ' | 1,008,000,000 | 1,026,000,000 | ' | ' | ' | ' | 399,000,000 | 377,000,000 | ' | ' | ' | ' | 607,000,000 | 647,000,000 | ' | ' | ' | ' | 0 | 0 | ' | ' | ' | ' | 2,000,000 | 2,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Guarantor Obligations, Maximum Exposure, Undiscounted | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 200,671,000,000 | 166,493,000,000 | 200,671,000,000 | 0 | 0 | 0 | 57,721,000,000 | 61,738,000,000 | 2,429,000,000 | 836,000,000 | 16,972,000,000 | 37,484,000,000 | 66,818,000,000 | 34,871,000,000 | 66,818,000,000 | 0 | 0 | 0 | 8,136,000,000 | 9,305,000,000 | 6,783,000,000 | 6,780,000,000 | 659,000,000 | 327,000,000 | 1,498,000,000 | 4,299,000,000 | 4,600,000,000 | 4,500,000,000 | ' |
Guarantor Obligations, Current Carrying Value | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 107,000,000 | 42,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -103,000,000 | -75,000,000 | ' | ' | ' | ' | ' | ' | ' |
Guarantor Obligations and Commitments, Current Carrying Value | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Allowance for lending-related commitments | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,182,000,000 | 2,476,000,000 | 2,811,000,000 | 3,099,000,000 | 3,293,000,000 | 3,557,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 267,000,000 | 282,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,000,000 | 2,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 137,000,000 | 141,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Off balance sheet lending related financial instruments guarantees and other commitments - supplemental information [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Off Balance Sheet Lending Related Commitments Wholesale Contractual Amount Net Of Risk Participations Other Unfunded Commitments To Extend Credit | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 506,000,000 | 473,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Off balance sheet Lending related commitments Wholesale Contractual amount Net of Risk Participations Standby letters of credit and other financial guarantees | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 15,300,000,000 | 16,600,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Off balance sheet Lending related commitments Wholesale Contractual amount Net of Risk Participations Other letters of credit | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 703,000,000 | 690,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Credit Enhancements and Bond and Commercial Paper Liquidity Commitments to US States and Municipalities Hospitals and Other Not For Profit Entities | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 38,000,000,000 | 44,500,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Standby Letters of Credit, Unissued Commitments | 42,300,000,000 | 44,400,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Indemnification Agreement Securities Lending Guarantees Collateral Held In Support Of | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 207,200,000,000 | 165,100,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unsettled forward starting reverse repurchase and securities borrowing agreements | 9,800,000,000 | 13,200,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unsettled reverse repurchase and securities borrowing agreements with regular way settlement periods | 57,000,000,000 | 21,700,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unfunded Commitments Investments Private Equity Funds Third Party | 232,000,000 | 370,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unfunded Commitments Investments Other Equity Investments | 1,700,000,000 | 1,500,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Investments Valued at Net Asset Value, Unfunded Commitments, Investments, Fair Value | $224,000,000 | $333,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
OffBalance_Sheet_LendingRelate3
Off-Balance Sheet Lending-Related Financial Instruments, Guarantees and Other Commitments Other Unfunded Commitments to Extend Credit (Details) (USD $) | 3 Months Ended | 9 Months Ended | |
In Billions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 |
Fair Value, Off-balance Sheet Risks, Disclosure Information | ' | ' | ' |
Commitments To Extend Credit Leveraged And Acquisition Finance Activities | $9.10 | $9.10 | $8.80 |
Average balances of U.S. tri-party repurchases | $280 | $325 | ' |
Standby_Letters_of_Credit_and_
Standby Letters of Credit and Other Financial Guarantees (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 |
In Millions, unless otherwise specified | |||
Fair Value, Off-balance Sheet Risks, Disclosure Information | ' | ' | ' |
Total Off-Balance Sheet Lending Related Financial Commitments, Contractual Amount | $1,040,105 | $1,027,988 | $1,019,073 |
Standby and Other Letters of Credit | ' | ' | ' |
Fair Value, Off-balance Sheet Risks, Disclosure Information | ' | ' | ' |
Standby and Other Letters of Credit, Carrying Value | 609 | 649 | ' |
Standby and Other Letters of Credit: Allowance | 269 | 284 | ' |
Guarantor Obligations, Current Carrying Value | 340 | 365 | ' |
Standby Letters of Credit, and Other Financial Guarantees | ' | ' | ' |
Fair Value, Off-balance Sheet Risks, Disclosure Information | ' | ' | ' |
Standby Letters of Credit and Other Financial Guarantees, Internal Credit Rating, Investment Grade | 70,616 | 77,081 | ' |
Standby Letters of Credit and Other Financial Guarantees, Internal Credit Rating, Non Investment Grade | 23,502 | 23,848 | ' |
Total Off-Balance Sheet Lending Related Financial Commitments, Contractual Amount | 94,118 | 100,929 | ' |
Allowance for lending-related commitments | 267 | 282 | ' |
Standby Letters of Credit, Supported by Collateral | 40,839 | 42,654 | ' |
Other letters of credit | ' | ' | ' |
Fair Value, Off-balance Sheet Risks, Disclosure Information | ' | ' | ' |
Standby Letters of Credit and Other Financial Guarantees, Internal Credit Rating, Investment Grade | 4,712 | 3,998 | ' |
Standby Letters of Credit and Other Financial Guarantees, Internal Credit Rating, Non Investment Grade | 1,037 | 1,575 | ' |
Total Off-Balance Sheet Lending Related Financial Commitments, Contractual Amount | 5,749 | 5,573 | ' |
Allowance for lending-related commitments | 2 | 2 | ' |
Other Letters of Credit, Supported by Collateral | $1,585 | $1,145 | ' |
OffBalance_Sheet_LendingRelate4
Off-Balance Sheet Lending-Related Financial Instruments, Guarantees and Other Commitments Derivatives Qualifying as Guarantees (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
Fair Value, Off-balance Sheet Risks, Disclosure Information | ' | ' |
Credit Derivative, Maximum Exposure, Undiscounted | $2,985,798,000,000 | $3,021,182,000,000 |
Derivative notional amount | 73,862,000,000,000 | 69,546,000,000,000 |
Derivatives Qualifying as Guarantees | ' | ' |
Fair Value, Off-balance Sheet Risks, Disclosure Information | ' | ' |
Credit Derivative, Maximum Exposure, Undiscounted | 57,700,000,000 | 61,700,000,000 |
Derivative notional amount | 26,900,000,000 | 26,500,000,000 |
Derivatives Maximum Exposure To Loss | 2,800,000,000 | 2,800,000,000 |
Derivative Qualifying As Guarantees Payables | 153,000,000 | 122,000,000 |
Derivative Qualifying As Guarantees Receivables | $46,000,000 | $80,000,000 |
Loan_Sales_and_SecuritizationR
Loan Sales- and Securitization-Related Indemnifications (Details) (USD $) | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 0 Months Ended | |||||||||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Oct. 25, 2013 | |
Residential Mortgage | Residential Mortgage | Residential Mortgage | Residential Mortgage | Residential Mortgage | Residential Mortgage | Residential Mortgage | Residential Mortgage | Residential Mortgage | Residential Mortgage | Residential Mortgage | Residential Mortgage | Residential Mortgage | Loans Sold With Recourse | Loans Sold With Recourse | Subsequent Event [Member] | |
Warranty Reserves | Warranty Reserves | Warranty Reserves | Warranty Reserves | Warranty Reserves | Warranty Reserves | Warranty Reserves | Warranty Reserves | Warranty Reserves | Warranty Reserves | Warranty Reserves | Warranty Reserves | Warranty Reserves | Mortgage Backed Securities Litigation and Regulatory Investigations [Member] | |||
Repurchase Make-Whole Settlements | Repurchase Make-Whole Settlements | Repurchase Make-Whole Settlements | Repurchase Make-Whole Settlements | Reserves for New Mortgage Loans Sold During the Period | Reserves for New Mortgage Loans Sold During the Period | Reserves for New Mortgage Loans Sold During the Period | Reserves for New Mortgage Loans Sold During the Period | |||||||||
Mortgage repurchase liability | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Valuation Allowances and Reserves Probable Recoveries From Third Parties | $427,000,000 | ' | $427,000,000 | ' | $441,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Summary of changes in mortgage repurchase liability | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Allowance for lending-related commitments, Beginning of period | 2,476,000,000 | 3,293,000,000 | 2,811,000,000 | 3,557,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 137,000,000 | 141,000,000 | ' |
Valuation Allowances and Reserves, Deductions | -135,000,000 | -268,000,000 | -538,000,000 | -891,000,000 | ' | -117,000,000 | -94,000,000 | -371,000,000 | -387,000,000 | ' | ' | ' | ' | ' | ' | ' |
Valuation Allowances And Reserves Current Year Provision | -159,000,000 | 74,000,000 | -91,000,000 | 433,000,000 | ' | ' | ' | ' | ' | 4,000,000 | 30,000,000 | 18,000,000 | 85,000,000 | ' | ' | ' |
Valuation allowances, Ending balance | 2,182,000,000 | 3,099,000,000 | 2,182,000,000 | 3,099,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 137,000,000 | 141,000,000 | ' |
Loans sold with recourse | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Indemnification Agreements Loan Sale And Securitization Loans Sold With Recourse Contractual Amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 8,100,000,000 | 9,300,000,000 | ' |
Indemnification Agreements, Loan Sale and Securitization, Loans Sold with Recourse: Carrying Value | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 137,000,000 | 141,000,000 | ' |
Amount to Resolve Fannie Mae’s and Freddie Mac’s Repurchase Claims Associated With Whole Loan Purchases From 2000 to 2008 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $1,100,000,000 |
OffBalance_Sheet_LendingRelate5
Off-Balance Sheet Lending-Related Financial Instruments, Guarantees and Other Commitments Other Off-Balance Sheet Arrangements (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
Other Off-Balance Sheet Arrangements [Line Items] | ' | ' | ' | ' |
Other Noninterest Expense | $11,373,000,000 | $3,035,000,000 | $16,625,000,000 | $10,354,000,000 |
Chase Paymentech Solutions [Member] | ' | ' | ' | ' |
Other Off-Balance Sheet Arrangements [Line Items] | ' | ' | ' | ' |
Other Noninterest Expense | ' | ' | 10,000,000 | 13,000,000 |
Electronic Payment Services Business, Aggregate Volume Processed | ' | ' | 546,700,000,000 | 476,600,000,000 |
Cash Collateral Held | $219,000,000 | $207,000,000 | $219,000,000 | $207,000,000 |
Pledged_Assets_and_Collateral_
Pledged Assets and Collateral (Details 1) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Billions, unless otherwise specified | ||
Collateral Received that Can be Resold or Repledged | ' | ' |
Financial instruments pledged by the Firm that may not be sold or repledged by the secured parties | $297.40 | $291.70 |
Assets accepted by the Firm as collateral that it could sell or repledge, deliver or otherwise use at fair value | 719.4 | 757.1 |
Assets accepted by the Firm as collateral that the Firm has sold or repledged | $590.10 | $545 |
Litigation_Details
Litigation (Details) | 3 Months Ended | 9 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 0 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | 30-May-07 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Mar. 31, 2010 | Sep. 30, 2013 | Sep. 30, 2013 | Nov. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Nov. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Oct. 25, 2013 | Oct. 25, 2013 | |
Threatened or Pending Litigation | Threatened or Pending Litigation | Threatened or Pending Litigation | Threatened or Pending Litigation | Threatened or Pending Litigation | Threatened or Pending Litigation | Auction-Rate Securities Investigations and Litigation [Member] | Bear Stearns Hedge Fund Matters, Related to the Feeder Funds | Bear Stearns Hedge Fund Matters [Member] | Bear Stearns Shareholder Litigation and Related Matters [Member] | CIO Investigations and Litigation [Member] | CIO Investigations and Litigations ERISA Action [Member] | CIO Investigations and Litigations Shareholder Derivative Actions Based Upon Alleged Breach of Fiduciary Duty [Member] | City of Milan Litigation and Criminal Investigation [Member] | City of Milan Litigation and Criminal Investigation [Member] | Credit Default Swaps Investigations and Litigation [Member] | Enron Litigation [Member] | Interchange Litigation [Member] | Lehman Brothers Bankruptcy Proceedings [Member] | Lehman Brothers Bankruptcy Proceedings [Member] | Madoff Litigation [Member] | Madoff Litigation, related to Fairfield [Member] | MF Global [Member] | MF Global [Member] | Mortgage-Backed Securities Litigation and Regulatory Investigations [Member] | Mortgage-Backed Securities Litigation and Regulatory Investigations [Member] | Mortgage Backed Securities Litigation Related to MBS Offerings Sponsored By JPMorgan Chase [Member] | Mortgage Backed Securities Litigation Related to MBS Offerings Sponsored By JPMorgan Chase [Member] | Mortgage Backed Securities Litigation Related to MBS Offerings Sponsored By Washington Mutual [Member] | Mortgage Backed Securities Litigation Related to MBS Offerings Sponsored By Washington Mutual [Member] | Municipal Derivatives Investigations and Litigation [Member] | Municipal Derivatives Investigations and Litigation [Member] | Municipal Derivatives Investigations and Litigation [Member] | Municipal Derivatives Investigations and Litigation [Member] | Municipal Derivatives Investigations and Litigation [Member] | Municipal Derivatives Investigations and Litigation [Member] | Municipal Derivatives Actions [Member] | Jefferson County, Alabama [Member] | Jefferson County, Alabama [Member] | Option ARMs [Member] | Petters Bankruptcy and Related Matters [Member] | Securities Lending Litigation, related to medium-term notes of Sigma Finance [Member] | Washington Mutual Litigations [Member] | Washington Mutual Litigations [Member] | Texas Action [Member] | New York State Supreme Court [Member] | United States District Court, Southern District of New York [Member] | New York State Court [Member] | Chase Bank USA, National Association [Member] | Interchange Litigation Defendant Group [Member] | EMC Mortgage LLC [Member] | JPMorgan Chase & Co [Member] | J.P. Morgan Securities LLC [Member] | Assured Guaranty (U.K.) and Ambac Assurance UK Limited [Member] | Assured Guaranty (U.K.) and Ambac Assurance UK Limited [Member] | Individual Action [Member] | Shareholder Derivative Action [Member] | Class Action [Member] | Class Action [Member] | CMMF LLP [Member] | Purported Class Action [Member] | Certified Class Action [Member] | Subsequent Event [Member] | Subsequent Event [Member] | |
USD ($) | USD ($) | USD ($) | USD ($) | Maximum | Minimum | USD ($) | USD ($) | Plaintiff, Bank of America [Member] | USD ($) | Settlement With OCC, Federal Reserve, SEC, CFTC and FCA [Member] | actions | actions | EUR (€) | banks | actions | actions | USD ($) | Minimum | Plaintiff, Madoff Litigation-related, liquidation trustee [Member] | USD ($) | USD ($) | Cash Payment [Member] | USD ($) | Minimum | Maximum | Minimum | trust | Minimum | plantiffs | Plaintiffs, insurers within the Municipal Derivatives Investigations and Litigation [Member] [Member] | Plaintiff, Municipal Derivatives-related, one insurer [Member] | Plaintiff, Municipal Derivatives-related, one insurer [Member] | Plaintiff, Municipal Derivatives-related, the other insurer [Member] | Plaintiff, Municipal Derivatives-related, the other insurer [Member] | USD ($) | USD ($) | Minimum | actions | USD ($) | USD ($) | Plaintiff, Deutsche Bank National Trust Company [Member] | Plaintiff, Deutsche Bank National Trust Company [Member] | USD ($) | Mortgage-Related Investigations and Litigation [Member] | CIO Investigations and Litigations Securities Act of 1934 Action [Member] | Breach of Fiduciary Duty Litigation [Member] | USD ($) | Interchange Litigation [Member] | Mortgage Backed Securities Litigation Related to MBS Offerings Sponsored By EMC [Member] | MF Global [Member] | MF Global [Member] | Investment Management Litigation [Member] | Investment Management Litigation [Member] | LIBOR Investigations and Litigation [Member] | New York State Supreme Court [Member] | LIBOR Investigations and Litigation [Member] | Mortgage-Related Investigations and Litigation [Member] | Investment Management Litigation [Member] | Option Adjustable Rate Mortgage Litigation [Member] | Option Adjustable Rate Mortgage Litigation [Member] | Mortgage-Backed Securities Litigation and Regulatory Investigations [Member] | MBS Litigation with the Federal Housing Finance Agency as Conservator for Freddie Mac and Fannie Mac [Member] | ||
USD ($) | USD ($) | USD ($) | USD ($) | employees | USD ($) | USD ($) | USD ($) | actions | trust | USD ($) | USD ($) | entities | Maximum | Minimum | USD ($) | Minimum | USD ($) | entities | Maximum | Minimum | actions | actions | USD ($) | offerings | entities | entities | actions | Minimum | actions | Mortgage-Related Investigations and Litigation [Member] | actions | actions | USD ($) | actions | actions | USD ($) | Mortgage-Backed Securities Litigation and Regulatory Investigations [Member] | |||||||||||||||||||||||||||
USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | actions | USD ($) | actions | USD ($) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loss Contingency, Estimate [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss Contingency, Range of Possible Loss, Portion Not Accrued | ' | ' | ' | ' | $5,700,000,000 | $0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss Contingency Settlement Amount Agreed to Pay by Defendant Group | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6,050,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Days the Court Gave the Plaintiff Can File an Amended Complaint | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '45 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Litigation expense (benefit) | 9,300,000,000 | 790,000,000 | 10,300,000,000 | 3,800,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss Contingency, Settlement [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss Contingency, Settlement Agreement, Consideration, Value | ' | ' | ' | ' | ' | ' | 25,000,000 | 257,000,000 | ' | 275,000,000 | 1,000,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 107,500,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 43,000,000 | ' | ' | ' | ' | 23,000,000 | ' | ' | ' | ' | ' | ' | -80,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 42,500,000 | ' | ' | ' | -4,000,000,000 |
Firm's share of settlement agreement, percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 20.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Period class plaintiffs will receive basis points of interchange | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '8 months | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Period From The End of the Opt-out Period | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '60 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss Contingency, General Unsecured Claim Entitled To, Value | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 60,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
loss contingency, settlement agreement, consideration, basis points of interchange | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.10% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Plaintiffs That Opted Out of the Settlement | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 27 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss Contingency, Warrants Issued related to, Value | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3,000,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss Contingency, Value of Warrants Purported Class Seeking to Void, Value | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,600,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Legal Proceedings Stayed | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amount of Securities Purchased by Fannie Mae and Freddie Mac from JPMorgan Chase, Bear Stearns and Washington Mutual. | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 33,800,000,000 |
Loss Contingency, Information about Litigation Matters [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss Contingency, Securitization related to, Value | ' | ' | ' | ' | ' | ' | ' | ' | 4,000,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Legal Proceedings | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | 9 | ' | ' | 6 | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4 | 5 | ' | ' | 5 | ' | ' | 2 | ' | 3 | 2 | 3 | 2 | ' | 1 | 3 | ' | ' |
Number of Legal Proceedings for Which Settlements Have Been Preliminarily Approved by the Court | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Legal Proceedings for Which Settlement Does Not Require Court Approval | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Shareholder Derivative Actions for Which New York State Court Granted Defendents' Motion to Dismiss | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Current and Former JPMorgan Chase and JPMorgan Chase Bank, N.A. Personnel Directed To Go Forward To A Full Trial | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of other banks with personnel ordered to go to a full trial | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Length of time banned from dealing with Italian public bodies | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '1 year | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Recommended Fine for Each Bank Involved Proposed by the Prosecutor | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Alleged Profit Per Bank The Banks Must Repay As Recommended by the Prosecutor | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 24,700,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss Contingency, Damages Sought, Value | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 8,600,000,000 | ' | 19,000,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 400,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | 10,000,000,000 | 6,000,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,000,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss Contingency, Damages Sought, Counterclaims, Value | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 25,000,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number Within a Group of Defendants | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss Contingency, Damages Sought, Recoveries, Value | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 425,000,000 | 155,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4,000,000 | ' | ' | ' | ' | ' | 450,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amount of Original Principal Balance of MBS Involved in Claims by Investors or Monoline Insurers Against JPMC, Bear Stearns or Washington Mutual as Issuer or as Underwriter | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 117,000,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amount of Original Principal Balance of MBS Involved Claims by Investors or Monoline Insurers Against JPMC, Bear Stearns or Washington Mutual as Issuer | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 88,000,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amount of Original Principal Balance of MBS Involved Claims by Investors or Monoline Insurers Against JPMC, Bear Stearns or Washington Mutual as Underwriter | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 29,000,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Offerings by Entity Related to Filed Suit | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 14 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of Voting Rights, MBS Trust Certificateholders | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 25.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Trusts Related to an MBS Securitization | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 191 | ' | 52 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amount of Mortgage Repurchase Claims Being Made Through Trustees of MBS Trusts | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 174,000,000,000 | ' | 58,000,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Shareholder Derivative Actions Relating to the Firm's MBS Activities | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Shareholder Derivative Actions Relating to the Firm's MBS Activities Filed Against the Firm in New York State Court Alleging Wrongful Conduct in Connection with the Sale of MBS | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Shareholder Derivative Actions Relating to the Firm's MBS Activities Alleging Wrongful Conduct in Connection with the Sale of MBS for which the Defendents Filed a Motion to Dismiss | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Insurance Companies that Guaranteed Payment on Warrants That Have Filed Actions | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss Contingency, Insured Aggregate Principal Amount related to, Value | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,200,000,000 | ' | ' | 378,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Entities Whose Trustee in Bankruptcy Brought Actions Against JPMorgan Chase | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss Contingency, Bonds, Value | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 38,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amount to Resolve Fannie Mae’s and Freddie Mac’s Repurchase Claims Associated With Whole Loan Purchases From 2000 to 2008 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $1,100,000,000 | ' |
Number of Shareholder Derivative Actions Relating to the Firm's MBS Activities for Which the Firm's Motion to Dismiss was Granted and Dismissal was Affirmed on Appeal | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Business_Segments_Details
Business Segments (Details) (USD $) | 3 Months Ended | 9 Months Ended | |||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 |
segment | segment | ||||
Business and Segment Description [Abstract] | ' | ' | ' | ' | ' |
Number of JPMorgan Chase & Co business segments | 4 | ' | 4 | ' | ' |
Segment results and reconciliation | ' | ' | ' | ' | ' |
Noninterest Income | $12,342 | $14,170 | $41,038 | $39,590 | ' |
Interest Income (Expense), Net | 10,775 | 10,976 | 32,412 | 33,788 | ' |
Total net revenue | 23,117 | 25,146 | 73,450 | 73,378 | ' |
Provision for credit losses | -543 | 1,789 | 121 | 2,729 | ' |
Noninterest expense | 23,626 | 15,371 | 54,915 | 48,682 | ' |
Income before income tax expense | 34 | 7,986 | 18,414 | 21,967 | ' |
Income tax expense / (benefit) | 414 | 2,278 | 5,769 | 6,375 | ' |
Net income/(loss) | -380 | 5,708 | 12,645 | 15,592 | ' |
Average common equity | 197,232 | 186,590 | 196,425 | 181,791 | ' |
Total assets | 2,463,309 | 2,321,284 | 2,463,309 | 2,321,284 | 2,359,141 |
Return on average common equity | -1.00% | 12.00% | 8.00% | 11.00% | ' |
Overhead ratio | 102.00% | 61.00% | 75.00% | 66.00% | ' |
Consumer & Community Banking | ' | ' | ' | ' | ' |
Segment results and reconciliation | ' | ' | ' | ' | ' |
Noninterest Income | 3,961 | 5,425 | 13,288 | 15,700 | ' |
Interest Income (Expense), Net | 7,121 | 7,295 | 21,424 | 21,822 | ' |
Total net revenue | 11,082 | 12,720 | 34,712 | 37,522 | ' |
Provision for credit losses | -267 | 1,862 | 263 | 2,683 | ' |
Noninterest expense | 6,867 | 6,956 | 20,521 | 20,838 | ' |
Income before income tax expense | 4,482 | 3,902 | 13,928 | 14,001 | ' |
Income tax expense / (benefit) | 1,780 | 1,547 | 5,551 | 5,439 | ' |
Net income/(loss) | 2,702 | 2,355 | 8,377 | 8,562 | ' |
Average common equity | 46,000 | 43,000 | 46,000 | 43,000 | ' |
Total assets | 451,166 | 463,602 | 451,166 | 463,602 | ' |
Return on average common equity | 23.00% | 22.00% | 24.00% | 27.00% | ' |
Overhead ratio | 62.00% | 55.00% | 59.00% | 56.00% | ' |
Corporate & Investment Bank | ' | ' | ' | ' | ' |
Segment results and reconciliation | ' | ' | ' | ' | ' |
Noninterest Income | 5,703 | 5,572 | 20,231 | 18,321 | ' |
Interest Income (Expense), Net | 2,486 | 2,788 | 7,974 | 8,363 | ' |
Total net revenue | 8,189 | 8,360 | 28,205 | 26,684 | ' |
Provision for credit losses | -218 | -60 | -213 | -34 | ' |
Noninterest expense | 4,999 | 5,350 | 16,852 | 16,854 | ' |
Income before income tax expense | 3,408 | 3,070 | 11,566 | 9,864 | ' |
Income tax expense / (benefit) | 1,168 | 1,078 | 3,878 | 3,463 | ' |
Net income/(loss) | 2,240 | 1,992 | 7,688 | 6,401 | ' |
Average common equity | 56,500 | 47,500 | 56,500 | 47,500 | ' |
Total assets | 867,474 | 904,090 | 867,474 | 904,090 | ' |
Return on average common equity | 16.00% | 17.00% | 18.00% | 18.00% | ' |
Overhead ratio | 61.00% | 64.00% | 60.00% | 63.00% | ' |
Commercial Banking | ' | ' | ' | ' | ' |
Segment results and reconciliation | ' | ' | ' | ' | ' |
Noninterest Income | 588 | 586 | 1,674 | 1,705 | ' |
Interest Income (Expense), Net | 1,137 | 1,146 | 3,452 | 3,375 | ' |
Total net revenue | 1,725 | 1,732 | 5,126 | 5,080 | ' |
Provision for credit losses | -41 | -16 | 42 | 44 | ' |
Noninterest expense | 661 | 601 | 1,957 | 1,790 | ' |
Income before income tax expense | 1,105 | 1,147 | 3,127 | 3,246 | ' |
Income tax expense / (benefit) | 440 | 457 | 1,245 | 1,292 | ' |
Net income/(loss) | 665 | 690 | 1,882 | 1,954 | ' |
Average common equity | 13,500 | 9,500 | 13,500 | 9,500 | ' |
Total assets | 192,194 | 168,124 | 192,194 | 168,124 | ' |
Return on average common equity | 20.00% | 29.00% | 19.00% | 27.00% | ' |
Overhead ratio | 38.00% | 35.00% | 38.00% | 35.00% | ' |
Asset Management | ' | ' | ' | ' | ' |
Segment results and reconciliation | ' | ' | ' | ' | ' |
Noninterest Income | 2,185 | 1,907 | 6,435 | 5,646 | ' |
Interest Income (Expense), Net | 578 | 552 | 1,706 | 1,547 | ' |
Total net revenue | 2,763 | 2,459 | 8,141 | 7,193 | ' |
Provision for credit losses | 0 | 14 | 44 | 67 | ' |
Noninterest expense | 2,003 | 1,731 | 5,771 | 5,161 | ' |
Income before income tax expense | 760 | 714 | 2,326 | 1,965 | ' |
Income tax expense / (benefit) | 284 | 271 | 863 | 745 | ' |
Net income/(loss) | 476 | 443 | 1,463 | 1,220 | ' |
Average common equity | 9,000 | 7,000 | 9,000 | 7,000 | ' |
Total assets | 117,475 | 103,608 | 117,475 | 103,608 | ' |
Return on average common equity | 21.00% | 25.00% | 22.00% | 23.00% | ' |
Overhead ratio | 72.00% | 70.00% | 71.00% | 72.00% | ' |
Corporate/Private Equity | ' | ' | ' | ' | ' |
Segment results and reconciliation | ' | ' | ' | ' | ' |
Noninterest Income | 487 | 1,197 | 1,138 | -214 | ' |
Interest Income (Expense), Net | -366 | -605 | -1,636 | -753 | ' |
Total net revenue | 121 | 592 | -498 | -967 | ' |
Provision for credit losses | -17 | -11 | -15 | -31 | ' |
Noninterest expense | 9,096 | 733 | 9,814 | 4,039 | ' |
Income before income tax expense | -8,958 | -130 | -10,297 | -4,975 | ' |
Income tax expense / (benefit) | -2,495 | -358 | -3,532 | -2,430 | ' |
Net income/(loss) | -6,463 | 228 | -6,765 | -2,545 | ' |
Average common equity | 72,232 | 79,590 | 71,425 | 74,791 | ' |
Total assets | 835,000 | 681,860 | 835,000 | 681,860 | ' |
Reconciling Items | ' | ' | ' | ' | ' |
Segment results and reconciliation | ' | ' | ' | ' | ' |
Noninterest Income | -582 | -517 | -1,728 | -1,568 | ' |
Interest Income (Expense), Net | -181 | -200 | -508 | -566 | ' |
Total net revenue | -763 | -717 | -2,236 | -2,134 | ' |
Provision for credit losses | 0 | 0 | 0 | 0 | ' |
Noninterest expense | 0 | 0 | 0 | 0 | ' |
Income before income tax expense | -763 | -717 | -2,236 | -2,134 | ' |
Income tax expense / (benefit) | -763 | -717 | -2,236 | -2,134 | ' |
Net income/(loss) | 0 | 0 | 0 | 0 | ' |
Average common equity | $0 | $0 | $0 | $0 | ' |