Call reports 2011
CIT BANK — 2011
What CIT BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 6,837,234,000 | 6,934,476,000 | 7,533,662,000 | 8,968,659,000 |
| Total loans | 5,173,866,000 | 5,677,298,000 | 6,284,467,000 | 6,105,017,000 |
| Allowance for loan losses | 11,253,000 | 21,329,000 | 33,018,000 | 49,023,000 |
| Securities available for sale | 36,685,000 | 35,551,000 | 41,018,000 | 54,926,000 |
| Securities held to maturity | 166,819,000 | 159,278,000 | 150,836,000 | 142,620,000 |
| Trading assets | 0 | 0 | 0 | 101,000 |
| Total deposits | 4,282,066,000 | 4,377,776,000 | 4,903,927,000 | 6,124,883,000 |
| Interest-bearing deposits | 4,281,685,000 | 4,377,315,000 | 4,902,911,000 | 6,122,289,000 |
| Noninterest-bearing deposits | 381,000 | 461,000 | 1,016,000 | 2,594,000 |
| Equity capital | 1,878,501,000 | 1,913,539,000 | 1,965,146,000 | 2,116,640,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 64,462,000 | 130,407,000 | 195,956,000 | 272,665,000 |
| Interest expense | 26,802,000 | 53,135,000 | 82,545,000 | 117,471,000 |
| Net interest income | 37,660,000 | 77,272,000 | 113,411,000 | 155,194,000 |
| Noninterest income | 13,414,000 | 28,035,000 | 54,232,000 | 72,520,000 |
| Noninterest expense | 12,045,000 | 24,086,000 | 44,349,000 | 72,886,000 |
| Provision for loan losses | 1,695,000 | 12,816,000 | 25,152,000 | 42,085,000 |
| Pretax income | 37,334,000 | 68,405,000 | 98,142,000 | 112,743,000 |
| Income tax | 14,651,000 | 30,900,000 | 42,174,000 | 45,514,000 |
| Net income | 22,683,000 | 37,505,000 | 55,968,000 | 67,229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,789,570,000 | 1,832,654,000 | 1,890,581,000 | 2,024,019,000 |
| Total capital | 1,802,578,000 | 1,856,008,000 | 1,926,772,000 | 2,076,933,000 |
| Risk-weighted assets | 3,189,103,000 | 3,854,703,000 | 4,688,469,000 | 5,545,889,000 |
Machine access — free, no API key
Every figure shown here about CIT BANK — 2011 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.