John: Jonny was here vaso 9 forum To be sure, continued economic recovery will contribute to earnings in more immediate ways as well: It will allow banks to set aside less money to cover loan losses, and dip into existing reserves. In the second quarter, JPMorgan released $1.5 billion from its loan loss reserves. Wells Fargo released $500 million and said it expected more in the coming quarters if the economy continues to grow.