UNITED STATES | Status: Accepted |
SECURITIES AND EXCHANGE COMMISSION |
FORM | FOCUS REPORT | |||||||||||||||||||||||||||||
(FINANCIAL AND OPERATIONAL COMBINED UNIFORM SINGLE REPORT) | ||||||||||||||||||||||||||||||
X-17A-5 | PART II CSE 11 | |||||||||||||||||||||||||||||
(Please read instructions before preparing Form) | ||||||||||||||||||||||||||||||
This report is being filed pursuant to (Check Applicable Block(s)): | ||||||||||||||||||||||||||||||
1) Rule 17a-5(a) | 2) Rule 17a-5(b) | 3) Rule 17a-11 | ||||||||||||||||||||||||||||
X | 16 | 17 | 18 | |||||||||||||||||||||||||||
4) Special request by designated examining authority | 5) Other | |||||||||||||||||||||||||||||
19 | 26 | |||||||||||||||||||||||||||||
NAME OF BROKER-DEALER | SEC. FILE NO. | |||||||||||||||||||||||||||||
BOFA SECURITIES, INC. | 13 | 8-69787 | 14 | |||||||||||||||||||||||||||
FIRM ID NO. | ||||||||||||||||||||||||||||||
ADDRESS OF PRINCIPAL PLACE OF BUSINESS (Do not use P.O. Box No.) | 15 | |||||||||||||||||||||||||||||
283942 | ||||||||||||||||||||||||||||||
ONE BRYANT PARK | 20 | FOR PERIOD BEGINNING (MM/DD/YY) | ||||||||||||||||||||||||||||
07/01/20 | 24 | |||||||||||||||||||||||||||||
(No. and Street) | ||||||||||||||||||||||||||||||
AND ENDING (MM/DD/YY) | ||||||||||||||||||||||||||||||
NEW YORK | 21 | NY | 22 | 10036 | 23 | 09/30/20 | 25 | |||||||||||||||||||||||
(City) | (State) | (Zip Code) | ||||||||||||||||||||||||||||
NAME AND TELEPHONE NUMBER OF PERSON TO CONTACT IN REGARD TO THIS REPORT (Area code) - Telephone No.
Faruqe Alam | 30 | (980)388-0576 | |||||||||||
NAME(S) OF SUBSIDIARIES OR AFFILIATES CONSOLIDATED IN THIS REPORT | OFFICIAL USE | ||||||||||||
32 | |||||||||||||
34 | |||||||||||||
36 | |||||||||||||
38 | |||||||||||||
DOES RESPONDENT CARRY ITS OWN CUSTOMER ACCOUNTS ? | YES | NO | |||||||||||
X | 40 | 41 | |||||||||||
CHECK HERE IF RESPONDENT IS FILING AN AUDITED REPORT | |||||||||||||
42 | |||||||||||||
31
33
35
37
39
EXECUTION:
The registrant/broker or dealer submitting this Form and its attachments and the person(s) by whom it is executed represent hereby that all information contained therein is true, correct and complete. It is understood that all required items, statements, and schedules are considered integral parts of
this Form and that the submisson of any amendment represents that all unamended items, statements and schedules remain true, correct and complete as previously submitted.
Dated theday of20
Manual Signatures of: 1)
Principal Executive Officer or Managing Partner
2)
Principal Financial Officer or Partner
3)
Principal Operations Officer or Partner
ATTENTION - Intentional misstatements or omissions of facts constitute Federal Criminal Violations. (See 18 U.S.C. 1001 and 15 U.S.C. 78:f (a) )
FINRA
FINANCIAL AND OPERATIONAL COMBINED UNIFORM SINGLE REPORT | |||||||||||||||||
Status: Accepted | |||||||||||||||||
PART II CSE | |||||||||||||||||
BROKER OR DEALER | N | 2 | |||||||||||||||
BOFA SECURITIES, INC. | 100 | ||||||||||||||||
STATEMENT OF FINANCIAL CONDITION | as of (MM/DD/YY) | 09/30/20 | 99 | ||||||||||||||
SEC FILE NO. | 8-69787 | 98 | |||||||||||||||
Consolidated | 198 | ||||||||||||||||
Unconsolidated | 199 | ||||||||||||||||
X |
1. Cash ............................ | $ |
2. Cash segregated in compliance with | |
federal and other regulations .......... | |
3. Receivable from brokers or dealers | |
and clearing organizations: | |
A. Failed to deliver: | |
1. Includable in "Formula for Reserve | |
Requirements" .................. | |
2. Other ........................ | |
B. Securities borrowed: | |
1. Includable in "Formula for Reserve | |
Requirements" ................... | |
2. Other ........................ | |
C. Omnibus accounts: | |
1. Includable in "Formula for Reserve | |
Requirements" ................... | |
2. Other ......................... | |
D. Clearing Organizations: | |
1.Includable in "Formula for Reserve | |
Requirements" ................... | |
2. Other ........................ | |
E. Other .......................... |
4. Receivables from customers:
A. Securities accounts:
1. Cash and fully secured accounts .....
2. Partly secured accounts ............
3. Unsecured Accounts | |
B. Commodity accounts ................ | ( |
C. Allowance for doubtful accounts ........ | |
5. Receivables from non-customers: | |
A. Cash and fully secured accounts ....... |
B. Partly secured and unsecured accounts .
6. Securities purchased under agreements
to resell ..........................
7. Derivative Receivables: ...............
8. Trade Date Receivable: ...............
9. Securities and spot commodities owned,
at market value:
Includes encumbered securities of
........ $ | 29,898,192,941 | 120 | |
ASSETS
AllowableNonallowable
325,451,185 | 200 | $ |
7,773,104,332 210
749,943,638 220
1,122,979,243 230
2,667,216,379 240
86,630,147,242 250
0 260
3,347,572,799 270
0 | 280 | ||||
6,421,332,304 | 290 | ||||
8,747,181 | 300 | $ | 640,083,875 | 550 | |
2,650,327,118 | 310 | ||||
0 | 320 | 709,583 | 560 | ||
25,947,329 | 570 | ||||
343,851,158 | 330 | 75,128,146 | 580 | ||
0 ) | 335 | ( | 0 ) | 590 | |
1,321,552,434 | 340 | ||||
0 | 350 | 0 | 600 | ||
98,827,165,220 | 360 | 0 | 605 | ||
718,188,610 | 291 | ||||
3,497,728,145 | 292 | ||||
86,295,297,952 | 849 |
Total
325,451,185 750
7,773,104,332 760
1,872,922,881 770
89,297,363,621 780
3,347,572,799 790
6,421,332,304 800
648,831,056 810
3,095,963,334 820
1,321,552,434 830
98,827,165,220 840
718,188,610 801
3,497,728,145 802
86,295,297,952 850
Page 1 | OMIT PENNIES |
FINANCIAL AND OPERATIONAL COMBINED UNIFORM SINGLE REPORT | Status: Accepted |
PART II CSE |
BROKER OR DEALER
as of | 09/30/20 |
BOFA SECURITIES, INC.
STATEMENT OF FINANCIAL CONDITION | ||||||||||||||||||
ASSETS (continued) | ||||||||||||||||||
Allowable | Nonallowable | |||||||||||||||||
10. Securities owned not readily marketable: | ||||||||||||||||||
A. At Cost ...... $ | 0 | 130 | $ | 0 | 440 | $ | 4,129,472,271 | 610 | $ | |||||||||
11. Other investments not readily marketable: | ||||||||||||||||||
A. At Cost ...... $ | 0 | 140 | ||||||||||||||||
B. At estimated fair value | ||||||||||||||||||
............... | 0 | 450 | 10,567,937 | 620 | ||||||||||||||
12. Securities borrowed under subordination agree- ments and partners' individual and capital securities accounts, at market value:
A. Exempted
securities .... $ | 0 | 150 | |||||||||
B. Other ....... $ | |||||||||||
0 | 160 | 0 | 460 | 0 | 630 | ||||||
13. Secured demand notes- market value of collateral: A. Exempted
securities .... $ | 0 | 170 | |||||||||
B. Other ....... $ | |||||||||||
0 | 180 | 0 | 470 | 0 | 640 | ||||||
14. Memberships in exchanges: A. Owned, at market
.......value | $ | 4,338,920 | 190 | |||||
B. Owned at cost | .....................0 | 650 | ||||||
C. Contributed for use of company, | ||||||||
at market value | .....................0 | 660 | ||||||
15. Investment in and receivables from affiliates, subsidiaries and
...............associated partnerships | 0 | 480 | 4,174,589,173 | 670 | |||
Total
4,129,472,271 860
10,567,937 870
0 880
0 890
0 900
4,174,589,173 910
- Property, furniture, equipment, leasehold improvements and rights under
lease agreements:
At cost (net of accumulated
depreciation and amortization) .......... - Other Assets:
- Dividends and interest receivable .......
- Free shipments ...................
- Loans and advances ................
- Miscellaneous .....................
E. Collateral accepted under SFAS 140 ....
F. SPE Assets | .................... |
18. TOTAL ASSETS | ................... $ |
0 | 490 | 2,326,966 | 680 | ||||
868,309,746 | 500 | 3,999,188 | 690 | ||||
0 | 510 | 19,743,345 | 700 | ||||
0 | 520 | 0 | 710 | ||||
107,588,167 | 530 | 3,463,690,407 | 720 | ||||
10,432,506,219 | 536 | ||||||
0 | 537 | ||||||
$ | $ | ||||||
314,109,009,072 | 540 | 12,546,258,220 | 740 | ||||
2,326,966 920
14,895,837,072 930
326,655,267,292 940
Page 2 | OMIT PENNIES |
FINANCIAL AND OPERATIONAL COMBINED UNIFORM SINGLE REPORT | ||||||||||
Status: Accepted | ||||||||||
PART II CSE | ||||||||||
BROKER OR DEALER | as of | 09/30/20 | ||||||||
BOFA SECURITIES, INC. | ||||||||||
STATEMENT OF FINANCIAL CONDITION | ||||||||||
Liabilities | LIABILITIES AND OWNERSHIP EQUITY | Total | ||||||||
- Bank loans payable:
- Includable in "Formula for Reserve Requirements" ...................
- Other .........................
- Securities sold under repurchase agreements.
- Payable to brokers or dealers and
clearing organizations: A. Failed to receive:
- Includable in "Formula for Reserve Requirements" ................
- Other ........................
- Securities loaned:
- Includable in "Formula for Reserve Requirements" .................
- Other ........................
- Omnibus accounts:
- Includable in "Formula for Reserve Requirements" .................
- Other ........................
- Clearing organizations:
- Includable in "Formula for Reserve Requirements" .................
- Other ........................
- Other .........................
22. Payable to customers:
- Securities accounts - including free credits
$ | 0 | 1460 | |
0 | 1470 | ||
151,432,122,051 | 1480 | ||
1,015,744,331 1490
717,071,669 1500
811,949,657 1510
62,090,114,968 1520
294,956,416 1530
0 1540
0 1550
689,702,571 1560
2,140,149,543 1570
of ...... $
B. Commodities accounts
23. Payable to non customers: ...........
- Securities accounts ...............
- Commodities accounts .............
- Derivative Payables: ...............
- Trade Date Payable: ...............
- Securities sold not yet purchased at market value - including arbitrage
of ...... $
27. Accounts payable and accrued liabilities and expenses:
- Drafts payable ....................
- Accounts payable .................
- Income taxes payable .............
- Deferred income taxes .............
- Accrued expenses and other liabilities
- Other .........................
- Obligation to return securities .......
- SPE Liabilities ....................
4,243,143,011 1580
19,906,060,023 1590
659,864,038 1600
2,721,419,261 1610
1,612,376,058 1561
0 1562
24,779,937,230 1620
6,584,666 1630
558,894,459 1640
1,399,241,619 1650
0 1660
1,588,074,557 1670
0 1680
12,228,676,746 1686
0 1687
Page 3 | OMIT PENNIES |
FINANCIAL AND OPERATIONAL COMBINED UNIFORM SINGLE REPORT | ||||||||||||||||||||||
Status: Accepted | ||||||||||||||||||||||
PART II CSE | ||||||||||||||||||||||
BROKER OR DEALER | as of | |||||||||||||||||||||
BOFA SECURITIES, INC. | 09/30/20 | |||||||||||||||||||||
STATEMENT OF FINANCIAL CONDITION | ||||||||||||||||||||||
LIABILITIES AND OWNERSHIP EQUITY (continued) | ||||||||||||||||||||||
Liabilities | Total | |||||||||||||||||||||
28. Notes and mortgages payable: | ||||||||||||||||||||||
...........................A. Unsecured | $ | 3,775,068,542 | 1690 | |||||||||||||||||||
B. Secured | ||||||||||||||||||||||
0 | 1700 | |||||||||||||||||||||
29. Liabilities subordinated to claims of | ||||||||||||||||||||||
general creditors: | ||||||||||||||||||||||
A. Cash borrowings: ...................... | 8,650,000,000 | 1710 | ||||||||||||||||||||
1. from outsiders | 0 | 970 | ||||||||||||||||||||
2. Includes equity subordination(15c3-1(d)) | ||||||||||||||||||||||
of | ||||||||||||||||||||||
$ | 0 | 980 | ||||||||||||||||||||
B. Securities borrowings, at market value: | ||||||||||||||||||||||
...... | 0 | 1720 | ||||||||||||||||||||
from outsiders | $ | |||||||||||||||||||||
0 | 990 | |||||||||||||||||||||
C. Pursuant to secured demand note | ||||||||||||||||||||||
..................collateral agreements: | 0 | 1730 | ||||||||||||||||||||
1. from outsiders | ||||||||||||||||||||||
$ | 0 | 1000 | ||||||||||||||||||||
2. Includes equity subordination(15c3-1(d)) | ||||||||||||||||||||||
........of | $ | 0 | 1010 | |||||||||||||||||||
D. Exchange memberships contributed for | ||||||||||||||||||||||
use of company, at market value | ||||||||||||||||||||||
0 | 1740 | |||||||||||||||||||||
E. Accounts and other borrowings not | ||||||||||||||||||||||
..........qualified for net capital purposes | 0 | 1750 | ||||||||||||||||||||
30. TOTAL LIABILITIES | ||||||||||||||||||||||
.................... | $ | 301,321,151,416 | 1760 | |||||||||||||||||||
Ownership Equity | ||||||
31. Sole proprietorship ............................................................. | $ | |||||
32. Partnership - limited | ||||||
partners | ||||||
$ | 0 | 1020.................... | ||||
33. Corporation: ..................................................................
- Preferred stock ..............................................................
- Common stock ..............................................................
- Additional paid- in capital .......................................................
- Retained Earnings ............................................................
- Accumulated other comprehensive income
- Total ..................................................................................................................
G. Less capital stock in treasury .................................................... | ( |
34. TOTAL OWNERSHIP EQUITY....................................................... | $ |
35. TOTAL LIABILITIES AND OWNERSHIP EQUITY ....................................... | $ |
0 1770
0 1780
5,858,000,000 1791
1,000 1792
15,057,622,012 1793
4,418,492,864 1794
0 1797
25,334,115,876 1795
0 ) 1796
25,334,115,876 1800
326,655,267,292 1810
OMIT PENNIES
Page 4
FINANCIAL AND OPERATIONAL COMBINED UNIFORM SINGLE REPORT | |||||
Status: Accepted | |||||
PART II CSE | |||||
BROKER OR DEALER | as of | 09/30/20 | |||
BOFA SECURITIES, INC. | |||||
COMPUTATION OF NET CAPITAL
1. Total ownership equity (from Statement of Financial Condition - Item 1800) | ..................... $ | ||||||||||
2. Deduct: Ownership equity not allowable for Net Capital | .................................... | ( | |||||||||
3. Total ownership equity qualified for Net Capital .......................................... | |||||||||||
4. Add: | |||||||||||
A. Liabilities subordinated to claims of general creditors | allowable in computation of net capital ...... | ||||||||||
B. Other (deductions) or allowable credits (List) ......................................... | |||||||||||
5. Total capital and allowable subordinated liabilities ........................................ | $ | ||||||||||
6. Deductions and/or charges: | |||||||||||
A. Total non-allowable assets from | |||||||||||
Statement of Financial Condition (Notes B and C) | |||||||||||
$ | 12,546,258,220 | 3540 | |||||||||
1. Additional charges for customers' and | |||||||||||
non-customers' security accounts | |||||||||||
22,685,100 | 3550 | ||||||||||
2. Additional charges for customers' and | |||||||||||
non-customers' commodity accounts | |||||||||||
..................... | 0 | 3560 | |||||||||
B. Aged fail-to-deliver: | |||||||||||
48,367,264 | 3570 | ||||||||||
1. number of items | |||||||||||
1,269 | 3450 | ||||||||||
C. Aged short security differences-less | |||||||||||
reserve of | |||||||||||
$ | 0 | 3460 | 0 | 3580 | |||||||
number of items | |||||||||||
0 | 3470 | ||||||||||
D. Secured demand note deficiency | |||||||||||
0 | 3590 | ||||||||||
E. Commodity futures contracts and spot commodities - | |||||||||||
proprietary capital charges | |||||||||||
0 | 3600 | ||||||||||
..........................F. Other deductions and/or charges | 1,069,707,388 | 3610 | |||||||||
G. Deductions for accounts carried under | |||||||||||
Rule 15c3-1(a)(6), (a)(7) and (c)(2)(x) | |||||||||||
0 | 3615 | ||||||||||
H. Total deductions and/or charges .................................................. | ( | ||||||||||
7. Other additions and/or allowable credits (List) ........................................... | |||||||||||
8. Tentative Net Capital ............................................................ | $ | ||||||||||
9. Total Market Risk Exposure ........................................................ | $ | ||||||||||
10. Total Credit Risk Exposure ........................................................ | $ | ||||||||||
11. Net Capital ................................................................... | $ |
25,334,115,876 3480
0 ) 3490
25,334,115,876 3500
8,650,000,000 3520
0 3525
33,984,115,876 3530
13,687,017,972 ) 3620
0 3630
20,297,097,904 3640
2,080,438,508 3635
335,672,061 3679
17,880,987,335 3750
OMIT PENNIES
Page 5
FINANCIAL AND OPERATIONAL COMBINED UNIFORM SINGLE REPORT | Status: Accepted | |||
PART II CSE | ||||
BROKER OR DEALER | ||||
as of | 09/30/20 | |||
BOFA SECURITIES, INC. |
Part A | COMPUTATION OF NET CAPITAL REQUIREMENT | |||
12. 2% of combined aggregate debit items as shown in Formula | for Reserve Requirements pursuant | |||
to Rule 15c3-3 prepared as of the date of net capital | computation including both | |||
brokers or dealers and consolidated subsidiaries' debits | ....................................... | $ | ||
13. Minimum dollar net capital requirement of reporting broker | or dealer and minimum net capital | |||
requirement of subsidiaries | .......................................................... | $ | ||
14. Net capital requirement (greater of line 12 or 13) | ............................................ | $ | ||
15. Excess net capital (line 11 less 14) | .................................................... $ | |||
16. Percentage of Net Capital to Aggregate Debits (line 11 | divided by line 18 page 10) ........................ | % | ||
17. Percentage of Net Capital, afteranticipated capital withdrawals, to Aggregate Debits | ||||
item 11 less Item 4880 page 19 divided by line 18 page 10) | ........................................ | % | ||
18. Net capital in excess of the greater of: | ||||
5% of combined aggregate debit items or 120% of minimum net capital requirement ..................... | $ |
3,035,293,288 3870
607,403,392 3880
3,035,293,288 3760
14,845,694,047 3910
216.64 3851
186.35 3854
14,660,308,449 3920
OTHER RATIOS | |
Part B | |
19. Percentage of debt to debt-equity total computed in accordance with Rule 15c3-1 (d) .................... | % |
20. Options deductions/Net Capital ratio (1000% test) total deductions exclusive of liquidating | |
equity under Rule 15c3-1(a)(6), (a)(7) and (c)(2)(x) divided by Net Capital ............................ | % |
- 3860
- 3852
Page 6
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Bank of America Corporation published this content on 27 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2020 01:29:09 UTC