BANK OF AMERICA CORP /DE/ | 2013 | FY | 3


The gross realized gains and losses on sales of AFS debt securities for 2013, 2012 and 2011 are presented in the table below.
 
 
 
 
 
 
Gains and Losses on Sales of AFS Debt Securities
 
 
 
 
 
 
(Dollars in millions)
2013
 
2012
 
2011
Gross gains
$
1,302

 
$
2,128

 
$
3,685

Gross losses
(31
)
 
(466
)
 
(311
)
Net gains on sales of AFS debt securities
$
1,271

 
$
1,662

 
$
3,374

Income tax expense attributable to realized net gains on sales of AFS debt securities
$
470

 
$
615

 
$
1,248


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