BAC Q3 08

overall -- net income of $1.18 billion, or $0.15 per share, down from $3.70 billion, or $0.82 per share --to maintain 8% Tier 1 capital ratio, raise $10 bil common stock and cut dividend to $0.32 from $1, saving 1.4 bil each quarter --provision increased 600 mil to 6.45 bil --company allowanced increased $2 bil to $20.77 bil --nonperforming assets 13.36 bil or 1.42% of total loans, lease and forcloased assets, compared with $9.75 billion, or 1.13 percent at Q2. --net charge-off 4.26 bil or 1.84% of total average loans and leases compared with 3.62 bil, 1.67% in Q2