J.P.Morgan Results Presentation Deck
JPMORGAN CHASE & CO.
COMMERCIAL BANKING
FINANCIAL HIGHLIGHTS, CONTINUED
(in millions, except headcount and ratio data)
SELECTED BALANCE SHEET DATA (period-end)
Total assets
Loans:
Loans retained
Loans held-for-sale and loans at fair value
Total loans
Equity
Period-end loans by client segment
Middle Market Banking (a)
Corporate Client Banking
Commercial Real Estate Banking
Other
Total loans (a)
SELECTED BALANCE SHEET DATA (average)
Total assets
Loans:
Loans retained
Loans held-for-sale and loans at fair value
Total loans
Client deposits and other third-party liabilities
Equity
Average loans by client segment
Middle Market Banking
Corporate Client Banking
Commercial Real Estate Banking
Other
Total loans
Headcount
CREDIT DATA AND QUALITY STATISTICS
Net charge-offs/(recoveries)
Nonperforming assets
Nonaccrual loans:
Nonaccrual loans retained (b)(c)
Nonaccrual loans held-for-sale and loans
at fair value
Total nonaccrual loans
Assets acquired in loan satisfactions
Total nonperforming assets
Allowance for credit losses:
Allowance for loan losses
Allowance for lending-related commitments
Total allowance for credit losses
Net charge-off/(recovery) rate (d)
Allowance for loan losses to period-end loans retained
Allowance for loan losses to nonaccrual loans retained (b)
Nonaccrual loans to period-end total loans
$
$
$
$
$
$
$
$
2Q22
242,456
223,541
566
224,107
25,000
68,535
49,503
105,982
87
224,107
239,381
218,478
1,004
219,482
300,425
25,000
66,640
47,832
104,890
120
219,482
13,811
1
761
**
761
8
769
2,602
725
3,327
1.16
342
0.34
%
$
$
$
$
$
1Q22
$
235,127
$ 233,474
$
213,073
1,743
214,816
25,000
64,306
46,720
103,685
105
214,816
62,437
45,595
102,498
157
$ 210,687
13,220
208,540
2,147
210,687
316,921
25,000
6
751
751
17
768
2,357
762
3,119
0.01
1.11
314
0.35
%
$
$ 230,776
$
$
$
$
$
4Q21
$
QUARTERLY TRENDS
206,220
2,223
208,443
24,000
61,159
45,315
101,751
218
208,443
227,308
201,676
3,958
205,634
323,821
24,000
59,784
44,976
100,682
192
205,634
12,902
8
740
740
17
757
2,219
749
2,968
0.02 %
1.08
300
0.36
$
$
201,283
3,412
$ 204,695
24,000
$
$
$
$
3Q21
227,670
$
58,918
45,107
100,458
212
204,695
222,760
199,789
2,790
202,579
300,595
24,000
59,032
43,330
100,120
97
$ 202,579
12,584
31
735
735
16
751
2,354
711
3,065
0.06
1.17
320
0.36
%
$ 226,022
$
$
$
$
$
2Q21
$ 226,562
$
$
200,929
3,381
204,310
24,000
59,314
44,866
99,858
272
204,310
202,102
3,150
205,252
290,250
24,000
61,698
43,440
99,864
250
205,252
12,163
3
1,006
1,008
17
1,025
2,589
870
3,459
0.01
1.29
257
0.49
%
2Q22 Change
1Q22
3%
5
(68)
4
7
6
2
(17)
4
3
5
(53)
(5)
7
5
2
(24)
4
4
(83)
1
(53)
10
(5)
JPMORGAN CHASE & Co.
SIX MONTHS ENDED JUNE 30,
2Q21
7%
11
(83)
10
4
16
10
6
(68)
10
6
8
(68)
7
4
4
8
10
5
(52)
7
14
(67)
(24)
NM
(25)
(53)
(25)
1
(17)
(4)
$
$
$
$
$
$
$
2022
242,456
223,541
566
224,107
25,000
68,535
49,503
105,982
87
224,107
236,444
213,536
1,572
215,108
308,627
25,000
64,550
46,720
103,701
137
215,108
13,811
7
761
761
8
769
2,602
725
3,327
0.01 %
1.16
342
0.34
$
$
$
$
$
$
$
$
$
2021
226,022
200,929
3,381
204,310
24,000
59,314
44,866
99,858
272
204,310
226,071
203,127
2,866
205,993
290,619
24,000
60,859
44,573
100,260
301
205,993
12,163
32
1,006
2
1,008
17
1,025
2,589
870
3,459
0.03 %
1.29
257
0.49
2022 Change
2021
7%
11
(83)
10
4
16
10
6
(68)
10
5
5
(45)
AS
6
5
3
(54)
4
14
(78)
(24)
NM
(25)
(53)
(25)
1
(17)
(4)
(a) At June 30, 2022, March 31, 2022, December 31, 2021, September 30, 2021 and June 30, 2021, total loans included $335 million, $640 million, $1.2 billion, $2.0 billion and $5.0 billion of loans, respectively, under the PPP, of which $306 million, $604 million, $1.1 billion, $1.9 billion
and $4.9 billion were in Middle Market Banking. Refer to page 109 of the Firm's 2021 Form 10-K for further information on the PPP.
(b) Allowance for loan losses of $74 million, $104 million, $124 million, $123 million and $188 million was held against nonaccrual loans retained at June 30, 2022, March 31, 2022, December 31, 2021, September 30, 2021 and June 30, 2021, respectively.
(c) At June 30, 2022, March 31, 2022 and December 31, 2021, nonaccrual loans excluded PPP loans 90 or more days past due and insured by the SBA of $32 million, $50 million and $114 million, respectively. These amounts have been excluded based upon the SBA guarantee.
There were no PPP loans 90 or more days past due in all other periods presented.
(d) Loans held-for-sale and loans at fair value were excluded when calculating the net charge-off/(recovery) rate.
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