Regulatory capital (Tables)

9 Months Ended

Sep. 30, 2015

Banking and Thrift [Abstract]

Reconciliation of the Firm's regulatory capital, assets and risk-based capital ratios

The following table presents the minimum ratios to which the Firm and its national bank subsidiaries are subject as of September 30, 2015.

	Minimum capital ratios(a)		Well-capitalized ratios(b)
Capital ratios
CET1	4.5	%	6.5	%
Tier 1	6.0		8.0
Total	8.0		10.0		(c)
Tier 1 leverage	4.0		5.0

(a) As defined by the regulations issued by the Federal Reserve, OCC and FDIC and to which the Firm and its national bank subsidiaries are subject.

(b) Represents requirements for bank 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.

(c) Represents requirements for bank holding companies pursuant to regulations issued by the Federal Reserve.

The following tables present the regulatory capital, assets and risk-based capital ratios for JPMorgan Chase and its significant national bank subsidiaries under both Basel III Standardized Transitional and Basel III Advanced Transitional.

	JPMorgan Chase & Co.(e)
	Basel III Standardized Transitional							Basel III Advanced Transitional
(in millions, except ratios)	Sep 30, 2015				Dec 31, 2014			Sep 30, 2015			Dec 31, 2014
Regulatory capital
CET1 capital	$	173,577			$	164,426		$	173,577		$	164,426
Tier 1 capital(a)	199,222				186,294			199,222			186,294
Total capital	234,462				221,225			223,962			210,684
Assets
Risk-weighted	1,503,370			(f)	1,472,602			1,502,685			1,608,240
Adjusted    average(b)	2,375,809				2,465,414			2,375,809			2,465,414
Capital ratios(c)
CET1	11.5		%		11.2		%	11.6		%	10.2		%
Tier 1(a)	13.3				12.7			13.3			11.6
Total	15.6				15.0			14.9			13.1
Tier 1 leverage(d)	8.4				7.6			8.4			7.6

	JPMorgan Chase Bank, N.A.(e)
	Basel III Standardized Transitional							Basel III Advanced Transitional
(in millions, except ratios)	Sep 30, 2015				Dec 31, 2014			Sep 30, 2015			Dec 31, 2014
Regulatory capital
CET1 capital	$	166,636			$	156,567		$	166,636		$	156,567
Tier 1 capital(a)	166,900				156,891			166,900			156,891
Total capital	181,404				173,328			174,626			166,331
Assets
Risk-weighted	1,287,699			(f)	1,230,358			1,260,657			1,330,175
Adjusted average(b)	1,920,310				1,968,131			1,920,310			1,968,131
Capital ratios(c)
CET1	12.9		%		12.7		%	13.2		%	11.8		%
Tier 1(a)	13.0				12.8			13.2			11.8
Total	14.1				14.1			13.9			12.5
Tier 1 leverage(d)	8.7				8.0			8.7			8.0

	Chase Bank USA, N.A.(e)
	Basel III Standardized Transitional							Basel III Advanced Transitional
(in millions,  except ratios)	Sep 30, 2015				Dec 31, 2014			Sep 30, 2015			Dec 31, 2014
Regulatory capital
CET1 capital	$	15,256			$	14,556		$	15,256		$	14,556
Tier 1 capital(a)	15,256				14,556			15,256			14,556
Total capital	21,201				20,517			19,906			19,206
Assets
Risk-weighted	101,533			(f)	103,468			149,813			157,565
Adjusted average(b)	133,525				128,111			133,525			128,111
Capital ratios(c)
CET1	15.0		%		14.1		%	10.2		%	9.2		%
Tier 1(a)	15.0				14.1			10.2			9.2
Total	20.9				19.8			13.3			12.2
Tier 1 leverage(d)	11.4				11.4			11.4			11.4

(a) At September 30, 2015, trust preferred securities included in Basel III Tier 1 capital were $999 million and $420 million for JPMorgan Chase and JPMorgan Chase Bank, N.A., respectively. At September 30, 2015, Chase Bank USA, N.A. had no trust preferred securities.

(b) Adjusted average assets, for purposes of calculating the Tier 1 leverage ratio, includes total quarterly average assets adjusted for on-balance sheet assets that are subject to deduction from Tier 1 Capital predominantly comprising disallowed goodwill and other intangible assets.

(c) For each risk-based capital ratio, the capital adequacy of the Firm and its national bank subsidiaries are evaluated against the Basel III approach, Standardized or Advanced, resulting in the lower ratio.

(d) As the Tier 1 leverage ratio is not a risk-based measure of capital, the ratios presented in the table reflect the same calculation.

(e) Asset and capital amounts for JPMorgan Chase’s national banking subsidiaries reflect intercompany transactions; whereas the respective amounts for JPMorgan Chase reflect the elimination of intercompany transactions.

(f) Effective January 1, 2015, the Basel III definition of the Standardized RWA became effective. Prior measures of Basel III Standardized RWA were calculated under Basel I and 2.5 rules.

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 $111 million and $130 million at September 30, 2015, and December 31, 2014, respectively; and deferred tax liabilities resulting from tax-deductible goodwill of $3.0 billion and $2.7 billion at September 30, 2015, and December 31, 2014, respectively.