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Consolidated Balance Sheets (Unaudited) (USD $)
Sep. 30, 2012
Dec. 31, 2011
Assets    
Cash and due from banks $ 53,343,000,000 $ 59,602,000,000
Deposits with banks 104,344,000,000 85,279,000,000
Federal funds sold and securities purchased under resale agreements (included $26,327 and $22,191 at fair value) 281,991,000,000 235,314,000,000
Securities borrowed (included $11,412 and $15,308 at fair value) 133,526,000,000 142,462,000,000
Trading assets (included assets pledged of $109,561 and $89,856) 447,053,000,000 443,963,000,000
Securities (included $365,892 and $364,781 at fair value and assets pledged of $98,885 and $94,691) 365,901,000,000 364,793,000,000
Loans (included $2,750 and $2,097 at fair value) 721,947,000,000 723,720,000,000
Allowance for loan losses (22,824,000,000) (27,609,000,000)
Loans, net of allowance for loan losses 699,123,000,000 696,111,000,000
Accrued interest and accounts receivable 62,989,000,000 61,478,000,000
Premises and equipment 14,271,000,000 14,041,000,000
Goodwill 48,178,000,000 48,188,000,000
Mortgage servicing rights 7,080,000,000 7,223,000,000
Other intangible assets 2,641,000,000 3,207,000,000
Other assets (included $16,871 and $16,499 at fair value and assets pledged of $1,137 and $1,316) 100,844,000,000 104,131,000,000
Total assets 2,321,284,000,000 2,265,792,000,000 [1]
Liabilities    
Deposits (included $5,450 and $4,933 at fair value) 1,139,611,000,000 1,127,806,000,000
Federal funds purchased and securities loaned or sold under repurchase agreements (included $8,121 and $6,817 at fair value) 257,218,000,000 213,532,000,000
Commercial paper 55,474,000,000 51,631,000,000
Other borrowed funds (included $11,252 and $9,576 at fair value) 22,255,000,000 21,908,000,000
Trading liabilities 144,933,000,000 141,695,000,000
Accounts payable and other liabilities (included $38 and $51 at fair value) 203,042,000,000 202,895,000,000
Beneficial interests issued by consolidated variable interest entities (included $1,176 and $1,250 at fair value) 57,918,000,000 65,977,000,000
Long-term debt (included $30,856 and $34,720 at fair value) 241,140,000,000 256,775,000,000
Total liabilities 2,121,591,000,000 [1] 2,082,219,000,000 [1]
Stockholders' equity    
Preferred stock ($1 par value; authorized 200,000,000 shares; issued 905,750 and 780,000 shares) 9,058,000,000 7,800,000,000
Common stock ($1 par value; authorized 9,000,000,000 shares; issued 4,104,933,895 shares) 4,105,000,000 4,105,000,000
Capital surplus 94,431,000,000 95,602,000,000
Retained earnings 99,888,000,000 88,315,000,000
Accumulated other comprehensive income/(loss) 4,426,000,000 944,000,000
Shares held in RSU Trust, at cost (849,528 and 852,906 shares) (38,000,000) (38,000,000)
Treasury stock, at cost (305,376,176 and 332,243,180 shares) (12,177,000,000) (13,155,000,000)
Total stockholders’ equity 199,693,000,000 183,573,000,000
Total liabilities and stockholders’ equity 2,321,284,000,000 2,265,792,000,000
Limited program-wide credit enhancement 3,100,000,000 3,100,000,000
Assets and liabilities related to VIEs that are consolidated by the Firm
   
Assets    
Trading assets (included assets pledged of $109,561 and $89,856) 13,025,000,000 [2] 12,079,000,000 [2]
Loans (included $2,750 and $2,097 at fair value) 77,086,000,000 [2] 86,754,000,000 [2]
Other assets (included $16,871 and $16,499 at fair value and assets pledged of $1,137 and $1,316) 2,028,000,000 [2] 2,638,000,000 [2]
Total assets 92,139,000,000 [2] 101,471,000,000 [2]
Liabilities    
Beneficial interests issued by consolidated variable interest entities (included $1,176 and $1,250 at fair value) 57,918,000,000 [2] 65,977,000,000 [2]
All other liabilities 1,323,000,000 [2] 1,487,000,000 [2]
Total liabilities $ 59,241,000,000 [2] $ 67,464,000,000 [2]
[1] (a)The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at September 30, 2012, and December 31, 2011. The difference between total VIE assets and liabilities represents the Firm’s interests in those entities, which were eliminated in consolidation.
[2] The assets of the consolidated VIEs are used to settle the liabilities of those entities. The holders of the beneficial interests do not have recourse to the general credit of JPMorgan Chase. At both September 30, 2012, and December 31, 2011, the Firm provided limited program-wide credit enhancement of $3.1 billion related to its Firm-administered multi-seller conduits, which are eliminated in consolidation. For further discussion, see Note 15 on pages 177–184 of this Form 10-Q.