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) — Q1 2011 Earnings Presentation

4 slides from Bank Of America's earnings presentation, Apr 15, 2011

Slide 1: Net Interest Income
Exhibit 99.2 Net $25,000 $20,000 2.93% millions $14,070 2.50% in $ $5,000 $0 0.50% 1Q10 Core Commentary •– 1 Two Net Reduction Lower Continued Other $14B Expect 1.00% NII But Fully $10,000 0.00% Interest NII interest was benefited 2Q10 fewer $12,884 long-term taxable-equivalent items, consumer 3.50%
Slide 2: Representations and Warranties Liability and Claims Activity
Representations Liability Beginning Provision Charge-offs Ending Pre 2005 2006 2007 2008 Post New Rescinded Approved % ($ GSEs Monolines Other Total 1Q11 Commentary Outstanding GSE Rescissions 1 that company 2 Includes New GSEs in2005 the 2008 millions) Claim Claims agreements 362 867 1,805 204 $rep
Slide 3: Legacy Originations: GSE Representations and Warranties Experience
Government As ($ Legacy Original Principal Less: Defaults Payments Less delinquency: 13-24 25-36 greater Outstanding Cumulative inofthan billions) March 31 34 than Originator funded 40 + 28% 30% payments 13 made severely 5representations 36 balance delinquent GSE Sponsored 31, $45 31 34 16 31 prior
Slide 4: Non-GSE Originations and Principal Balance Experience
Non-GSE As ($ Principal Bank Countrywide Merrill First Product Borrower Prime Alt-A Pay Subprime Home Other Total 1 2 3 Excludes Includes inofoption Franklin billions) $1,2,3 of March 6172 $Equity 963 Lynch 2Principal 302 America at -Made 245 Experience 79 $186B exposures $150 1transactions $Risk $9