Total Reserves on Sheet was massive $32Billion which was 3.2% of Loans. Took 2 quarters 2 get to 3.2%. Remember in GFC it took 13 quarters to get from a trough 1.16% to a peak in 1Q10 of 3.6% 4 $XLF. $JPM a Fortress Balance Sheet.Huge Credit Margin for Error..Not a Dent in TBVPS https://t.co/nrD4m5oQgs