J.P.Morgan 4Q23 Earnings Results
JPMORGAN CHASE & CO.
CREDIT-RELATED INFORMATION, CONTINUED
(in millions, except ratio data)
NONPERFORMING ASSETS (a)
Consumer nonaccrual loans
Loans retained
Loans held-for-sale and loans at fair value
Total consumer nonaccrual loans
Wholesale nonaccrual loans
Loans retained
Loans held-for-sale and loans at fair value
Total wholesale nonaccrual loans
Total nonaccrual loans (b)
Derivative receivables
Assets acquired in loan satisfactions
Total nonperforming assets
Wholesale lending-related commitments (c)
Total nonperforming exposure
NONACCRUAL LOAN-RELATED RATIOS
Total nonaccrual loans to total loans
Total consumer, excluding credit card nonaccrual loans to
total consumer, excluding credit card loans
Total wholesale nonaccrual loans to total
wholesale loans
$
$
Dec 31,
2023
3,643
560
4,203
2,346
368
2,714
6,917
364
316
7,597
464
8,061
0.52 %
1.02
0.39
$
Sep 30,
2023
3,766
408
4,174
2,907
439
3,346
7,520
293
318
8,131
387
$ 8,518
0.57 %
1.02
0.48
$
Jun 30,
2023
3,784
481
4,265
2,593
415
3,008
7,273
286
279
7,838
332
$ 8,170
0.56%
1.04
0.43
JPMORGAN CHASE & CO.
$
Mar 31,
2023
3,843
452
4,295
2,211
389
2,600
6,895
291
232
7,418
401
$ 7,819
0.61 %
1.38
0.41
$
$
Dec 31,
2022
3,874
451
4,325
1,963
432
2,395
6,720
296
231
7,247
455
7,702
0.59 %
1.39
0.37
Dec 31, 2023
Change
Sep 30,
2023
(3)%
37
1
(19)
(16)
(19)
(8)
24
(1)
(7)
20
(5)
Dec 31,
2022
(6)%
24
(3)
20
(15)
13
3
23
37
5
2
5
(a) At December 31, 2023, September 30, 2023, June 30, 2023, March 31, 2023 and December 31, 2022, nonperforming assets excluded mortgage loans 90 or more days past due and insured by U.S. government agencies of $182 million, $188 million, $215 million, $263 million and
$302 million, respectively. These amounts have been excluded based upon the government guarantee. In addition, the Firm's policy is generally to exempt credit card loans from being placed on nonaccrual status as permitted by regulatory guidance. Refer to Note 12 of the Firm's
2022 Form 10-K for additional information on the Firm's credit card nonaccrual and charge-off policies.
(b) Generally excludes loans that were under payment deferral or other assistance, including amendments or waivers of financial covenants, in response to the COVID-19 pandemic.
(c) Represents commitments that are risk rated as nonaccrual.
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