Bank Of America Company
April, May, hit you, we pulled in and even within the small enterprise area. So, the good news is — is that we have — we have reverting to the norm. And so, in December, for instance, we had 198,000 booked accounts in bank card, that — 91,000. Yes, I assume it is still, it’s still getting — we put the new system and we’re beginning to sell it. But you realize, one of the issues that is held it back is that is a gross sales course of which is extra integral to the forms of individuals use service provider providers that they’d be open more and it — that is obviously affected by COVID. You know, we — the biggest line merchandise is the interchange, you understand, sort dynamics in both debit and credit and they are growing however they, you know, they’re recovering from a deficit as I spoke about earlier.
Bank of America N.A., Oficina de Representacion , is a representative workplace in Chile of Bank of America N.A., supervised by the Comisión para el Mercado Financiero and approved to promote in Chile choose services and products that Bank of America N.A. Neither Bank of America, N.A., nor its Representative Office in Chile, is authorized to carry out in Chile any activities which are reserved by Chilean regulation to domestically licensed banks. and its Investment Banking Affiliates provide outdoors of Peru. Neither Bank of America, N.A., nor its Representative Office in Peru, is permitted to carry out in Peru any activities which might be reserved by Peruvian regulation to regionally licensed banks. Bank of America N.A., Oficina de Representacion , is a representative office in Colombia of Bank of America N.A., supervised by the Superintendencia Financiera de Colombia and authorized to promote in Colombia choose products and services that Bank of America N.A.
So, if you look on Page 24, you may see that, you realize, $13.2 billion, $13.three billion, $12.9 billion, $15.2 billion so we had a good yr and FICC was up from $8.four billion to $9.7 billion in revenue, which is substantial and some of the areas we do not commerce-in. And so, we’re more credit score-driven and that’s — that’s what drives us versus a number of the competitors. It’s one of many highest years simply ever had, 15% or no matter, it is up yr over year. We don’t play in certain areas which run — which run on a given quarter.
And that produced sturdy segment returns of 15% on allotted capital for the year. As Brian noted, this performance led to improved market share general and in a variety of key merchandise. Provision expense reflected a reserve launch of $266 million in Q4 compared to a construct in reserves of $555 million in Q3. We earned $2.6 billion in consumer banking in Q4 versus $2.1 billion in Q3. But with earnings nonetheless below prior-12 months pre-pandemic levels, we know we nonetheless have plenty of room for enchancment.
About Financial Institution Of America Company
We basically stopped, you know, with the FICO requirements, we slowed down and as a result of market dynamics, house equity slowed down. Auto, we went back out more quickly, just due to the secure nature of its short-time period nature of it. Auto picked again up however home fairness is all the way down to $zero.5 billion a quarter or one thing like that when it was working $three billion or something. So, we’ll — we’ll see it play out, but you are — you’re proper, we needed to pull again and lost about half the bank card volume on a given month and we’re picked again up to — from 150 million at the low level to 200 million, but we’veve got some work to do. Well, let me just — the problem was if you consider being a big shopper lender and particularly you watch unsecured area, in March.