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Bank of America Corporation's credit losses provision for the three months ended in Mar. 2015 was $765 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2015 was $2,031 Mil.
Bank of America Corporation's quarterly credit losses provision declined from Sep. 2014 ($636 Mil) to Dec. 2014 ($219 Mil) but then increased from Dec. 2014 ($219 Mil) to Mar. 2015 ($765 Mil).
Bank of America Corporation's annual credit losses provision declined from Dec. 2012 ($8,169 Mil) to Dec. 2013 ($3,556 Mil) and declined from Dec. 2013 ($3,556 Mil) to Dec. 2014 ($2,275 Mil).
For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.
Bank of America Corporation Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2015 was 411 (Jun. 2014 ) + 636 (Sep. 2014 ) + 219 (Dec. 2014 ) + 765 (Mar. 2015 ) = $2,031 Mil.
* 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
Bank of America Corporation Quarterly Data