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Bank of America Corporation (NYSE:BAC)
Total Deposits
$1,118,936 Mil (As of Dec. 2014)

Bank of America Corporation's total deposits for the quarter that ended in Dec. 2014 was $1,118,936 Mil.

Bank of America Corporation's quarterly total deposits declined from Jun. 2014 ($1,134,329 Mil) to Sep. 2014 ($1,111,981 Mil) but then increased from Sep. 2014 ($1,111,981 Mil) to Dec. 2014 ($1,118,936 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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
BS_TotalDeposits 634,670693,497805,177882,997991,6111,010,4301,033,0411,105,2611,119,2711,118,936

Bank of America Corporation Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
BS_TotalDeposits 1,105,2611,095,1831,080,7831,110,1181,119,2711,133,6501,134,3291,111,9811,118,9361,153,168
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