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Regulatory Capital (Tables)
 12 Months Ended
Dec. 31, 2018
Banking and Thrift [Abstract]  
Reconciliation of the Firm's regulatory capital, assets and risk-based capital ratios The following table presents the minimum and well-capitalized ratios to which the Firm and its IDI subsidiaries were subject as of December 31, 2018.
 
Minimum capital ratios
Well-capitalized ratios
 
BHC(a)(e)(f)
IDI(b)(e)(f)
BHC(c)
IDI(d)
Capital ratios
 
 
 
 
CET1
9.0
%
6.375
%
—
%
6.5
%
Tier 1
10.5

7.875

6.0

8.0

Total
12.5

9.875

10.0

10.0

Tier 1 leverage
4.0

4.00

5.0

5.0

SLR
5.0

6.00

—

6.0

Note: The table above is as defined by the regulations issued by the Federal Reserve, OCC and FDIC and to which the Firm and its IDI subsidiaries are subject.
(a)
Represents the Transitional minimum capital ratios applicable to the Firm under Basel III at December 31, 2018. At December 31, 2018, the CET1 minimum capital ratio includes 1.875% resulting from the phase in of the Firm’s 2.5% capital conservation buffer, and 2.625% resulting from the phase in of the Firm’s 3.5% GSIB surcharge.
(b)
Represents requirements for JPMorgan Chase’s IDI subsidiaries. The CET1 minimum capital ratio includes 1.875% resulting from the phase in of the 2.5% capital conservation buffer that is applicable to the IDI subsidiaries. The IDI subsidiaries are not subject to the GSIB surcharge.
(c)
Represents requirements for bank holding companies pursuant to regulations issued by the Federal Reserve.
(d)
Represents requirements for IDI subsidiaries pursuant to regulations issued under the FDIC Improvement Act.
(e)
For the period ended December 31, 2017 the CET1, Tier 1, Total and Tier 1 leverage minimum capital ratios applicable to the Firm were 7.5%, 9.0%, 11.0% and 4.0% and the CET1, Tier 1, Total and Tier 1 leverage minimum capital ratios applicable to the Firm’s IDI subsidiaries were 5.75%, 7.25%, 9.25% and 4.0% respectively.
(f)
Represents minimum SLR requirement of 3.0%, as well as, supplementary leverage buffers of 2.0% and 3.0% for BHC and IDI, respectively.
The following tables present the risk-based and leverage-based capital metrics for JPMorgan Chase and its significant IDI subsidiaries under both the Basel III Standardized and Basel III Advanced Approaches. As of December 31, 2018 and 2017, JPMorgan Chase and all of its IDI subsidiaries were well-capitalized and met all capital requirements to which each was subject.
December 31, 2018
(in millions, except ratios)
Basel III Standardized Transitional
 
Basel III Advanced Transitional
JPMorgan
Chase & Co.
JPMorgan
Chase Bank, N.A.
Chase Bank
USA, N.A.
 
JPMorgan
Chase & Co.
JPMorgan
Chase Bank, N.A.
Chase Bank
USA, N.A.
Regulatory capital
 
 
 
 
 
 
 
CET1 capital
$
183,474

$
187,259

$
23,696

 
$
183,474

$
187,259

$
23,696

Tier 1 capital
209,093

187,259

23,696

 
209,093

187,259

23,696

Total capital
237,511

198,494

28,628

 
227,435

192,250

27,196

 
 
 
 
 
 
 
 
Assets
 
 
 
 
 
 
 
Risk-weighted
1,528,916

1,348,230

112,513

 
1,421,205

1,205,539

174,469

Adjusted average(a)
2,589,887

2,189,293

118,036

 
2,589,887

2,189,293

118,036

 
 
 
 
 
 
 
 
Capital ratios(b)
 
 
 
 
 
 
 
CET1
12.0
%
13.9
%
21.1
%
 
12.9
%
15.5
%
13.6
%
Tier 1
13.7

13.9

21.1

 
14.7

15.5

13.6

Total
15.5

14.7

25.4

 
16.0

15.9

15.6

Tier 1 leverage(c)
8.1

8.6

20.1

 
8.1

8.6

20.1


December 31, 2017
(in millions, except ratios)
Basel III Standardized Transitional
 
Basel III Advanced Transitional
JPMorgan
Chase & Co.
JPMorgan
Chase Bank, N.A.
 
Chase Bank
USA, N.A.
 
JPMorgan
Chase & Co.
JPMorgan
Chase Bank, N.A.
 
Chase Bank
USA, N.A.
Regulatory capital
 
 
 
 
 
 
 
 
 
CET1 capital
$
183,300

$
184,375

 
$
21,600

 
$
183,300

$
184,375

 
$
21,600

Tier 1 capital
208,644

184,375

 
21,600

 
208,644

184,375

 
21,600

Total capital
238,395

195,839

 
27,691

 
227,933

189,510

(d) 
26,250

 
 
 
 
 
 
 
 
 
 
Assets
 
 
 
 
 
 
 
 
 
Risk-weighted
1,499,506

1,338,970

(d) 
113,108

 
1,435,825

1,241,916

(d) 
190,523

Adjusted average(a)
2,514,270

2,116,031

 
126,517

 
2,514,270

2,116,031

 
126,517

 
 
 
 
 
 
 
 
 
 
Capital ratios(b)
 
 
 
 
 
 
 
 
 
CET1
12.2
%
13.8
%
 
19.1
%
 
12.8
%
14.8
%
(d) 
11.3
%
Tier 1
13.9

13.8

 
19.1

 
14.5

14.8

(d) 
11.3

Total
15.9

14.6

(d) 
24.5

 
15.9

15.3

(d) 
13.8

Tier 1 leverage(c)
8.3

8.7

 
17.1

 
8.3

8.7

 
17.1

(a)
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 goodwill and other intangible assets.
(b)
For each of the risk-based capital ratios, the capital adequacy of the Firm and its IDI subsidiaries is evaluated against the lower of the two ratios as calculated under Basel III approaches (Standardized or Advanced).
(c)
The Tier 1 leverage ratio is not a risk-based measure of capital.
(d)
The prior period amounts have been revised to conform with the current period presentation.
 
December 31, 2018
 
December 31, 2017
 
Basel III Advanced Fully Phased-In
Basel III Advanced Transitional
(in millions, except ratios)
JPMorgan
Chase & Co.
JPMorgan
Chase Bank, N.A.
Chase Bank
USA, N.A.
 
JPMorgan
Chase & Co.
JPMorgan
Chase Bank, N.A.
Chase Bank
USA, N.A.
Total leverage exposure(a)
3,269,988

$
2,813,396

$
177,328

 
$
3,204,463

$
2,775,041

$
182,803

SLR(a)
6.4
%
6.7
%
13.4
%
 
6.5
%
6.6
%
11.8
%
(a)
Effective January 1, 2018, the SLR was fully phased-in under Basel III. The December 31, 2017 amounts were calculated under the Basel III Transitional rules.