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Bank of America Corporation (NYSE:BAC)
Total Deposits
$1,217,261 Mil (As of Mar. 2016)

Bank of America Corporation's total deposits for the quarter that ended in Mar. 2016 was $1,217,261 Mil.

Bank of America Corporation's quarterly total deposits increased from Sep. 2015 ($1,162,009 Mil) to Dec. 2015 ($1,197,259 Mil) and increased from Dec. 2015 ($1,197,259 Mil) to Mar. 2016 ($1,217,261 Mil).

Bank of America Corporation's annual total deposits increased from Dec. 2012 ($1,105,261 Mil) to Dec. 2013 ($1,119,271 Mil) but then declined from Dec. 2013 ($1,119,271 Mil) to Dec. 2014 ($1,118,936 Mil).


Definition

Total Deposits that banks' customers have in their accounts. This is an very important source of banks' liquidity.

When banks' customers flood to their banks to take their deposit out, it may be called "Bank Run", which may bring down a bank due to liquidity issues.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Bank of America Corporation Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
BS_TotalDeposits 693,497805,177882,997991,6111,010,4301,033,0411,105,2611,119,2711,118,9361,197,259

Bank of America Corporation Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
BS_TotalDeposits 1,119,2711,133,6501,134,3291,111,9811,118,9361,153,1681,149,5601,162,0091,197,2591,217,261
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