Bank of America, National Association
Established in 1904
About Bank of America, National Association
Bank of America, National Association was established on 1904. The bank's headquarters are located at 100 N Tryon St in Charlotte, North Carolina. It has 5 branches.
Bank of America, National Association is an FDIC insured bank with FDIC number 3510 managing assets to the value of $2,440,022,000 as of 9/30/2022.
Bank of America, National Association has a Texas ratio of 2.57%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.
About the Bank
FDIC Certificate #
3510
Active Insured Since #
1/1/1934
Financial Profile
Dollar figures in thousands (000's)
| As of 9/30/2022 | |
|---|---|
| Total Assets | $2,440,022,000 |
| Equity Capital | $230,922,000 |
| Total Deposits | $2,075,356,000 |
| Total Liabilities | $2,209,100,000 |
| Total Securities | $894,328,000 |
| Net Loans And Leases | $1,014,189,000 |
| Loan Loss Allowance | $11,942,000 |
| Total Loans And Leases | $1,026,131,000 |
| YTD (as of 9/30/2022) | |
|---|---|
| Return On Assets | 934,704,200.00% |
| Return On Equity | 10,025,532,800.00% |
| Total Interest Income | $24,920,000 |
| Total Interest Expense | $732,000 |
| Total Non Interest Income | $10,993,000 |
| Total Non Interest Expense | $21,730,000 |
Headquarters
100 N Tryon St 28202, CharlotteBank of America, National Association branches near me
Total Loans and Leases Statistics
Total Loans and Leases $1,026,131,000 In thousands (000's) * All data provided by fdic.gov updated 9/30/2022Bank of America, National Association Mortgage Loans Profile
46.49%
Application Approval Rate
$397,329
Average Mortgage Loan Amount
461,569
Number of Loan Applications
$196,516
Average Income of Applicants with Approved Loans
778,215,700.00%
Average Cost of Loans
31,600.00%
Average Debt to Income Ratio
Distribution of Mortgage Loans
Top Counties by Number of Mortgage Loan Applications
1 Los Angeles
26,706
$668,134
47.14%
$278,034
2 Orange
12,856
$617,106
52.78%
$263,178
3 Santa Clara
12,137
$804,267
63.86%
$265,266
4 Maricopa
10,521
$281,564
47.52%
$145,459
5 Alameda
9,040
$644,409
60.65%
$226,511
6 King
8,401
$519,484
58.40%
$210,614
Top States by Number of Mortgage Loan Applications
1 California
113,353
$605,701
51.04%
$243,408
2 Florida
50,018
$253,449
37.56%
$156,962
3 Texas
33,490
$267,663
41.05%
$164,311
4 New Jersey
24,132
$346,475
47.34%
$218,209
5 New York
22,370
$718,529
48.46%
$324,495
6 North Carolina
17,758
$245,005
52.06%
$144,778