Bank Of America Corporation · NYSE:BAC
Bank Of America — Bank of America Corp /De/ (Bac, Bac-Pb, Bac-Pe, Bac-Pk, Bac-Pl, Bac-Pm, Bac-Pn, Bac-Po, Bac-Pp, Bml-Pg, Bml-Ph, Bml-Pj, Bml-Pl) — Q2 2011 Earnings Presentation
5 slides from Bank Of America's earnings presentation, Jul 19, 2011
Slide 1: Global Card Services key indicators and commentary
Exhibit 99.2 Global $ Inc/(Dec) Provision Noninterest Income Key Average 30 Delinquent 90 as Credit Debit Total Return Net Commentary transactions New straight income 1 inadays+ Fully interest charge-offs income % millions Indicators U.S. revenue purchase card card of Card on taxable-equivalent stat
Slide 2: Home price impacts on credit and representations and warranties
Home The From $13B $27B Additionally, losses market acarrying of and Price near-term nonperforming defect median Impacts for value each rates perspective, shows of1% PCI loans change a loans decline greater direct in (currently in home impacts than home180 prices, carried prices from days the change
Slide 3: Basel III and SIFI capital requirements phase-in
Basel 10.0% SIFI 8.0% 7.0% Tier 6.0% 0.625% 4.5% 4.0% 2.0% 2013 0.0% 3.5% Capital 1/1/2013 Phase-In 1/1/2014 1/1/2015 1/1/2016 1/1/2017 1/1/2018 1/1/2019 Including Additional Also We Assuming 1 important Based expect 1@ actively 2014 Capital 1.875% 5.75% 0.625% 3.5% 4.0% Requirements Capital Common
Slide 4: Basel III RWA mitigation actions and goals
Basel/Basel Exited Decreased Reduced Specific RWA Completed Identified Total Continue Reduce Manage Future Loan Credit Continued Private MSR DTA run-off reduced asset reductions Mitigation multiplier correlation proprietary Mitigation equity capital and equity 1st investments low equity to Actions G
Slide 5: Representations and warranties liability and claims trends
Representations Liability Beginning Additions Provision Charge-offs Ending Pre 2005 2006 2007 2008 Post New Rescinded repurchases Approved claims % 2Q10 GSEs Monolines Other Total 2Q11 Commentary $8.6B $5.4B Estimated possible accruals Outstanding Increase result 1 that litigation settlement Include