Call reports 2015
CIT BANK — 2015
What CIT BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 |
|---|---|---|
| Total assets | 21,464,783,000 | 21,903,259,000 |
| Total loans | 15,162,386,000 | 15,844,287,000 |
| Allowance for loan losses | 286,247,000 | 283,816,000 |
| Securities available for sale | 606,052,000 | 615,194,000 |
| Securities held to maturity | 271,838,000 | 271,453,000 |
| Trading assets | 24,364,000 | 19,142,000 |
| Total deposits | 16,806,700,000 | 17,318,674,000 |
| Interest-bearing deposits | 16,704,908,000 | 17,234,574,000 |
| Noninterest-bearing deposits | 101,792,000 | 84,100,000 |
| Equity capital | 2,748,123,000 | 2,779,600,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 |
|---|---|---|
| Interest income | 197,451,000 | 400,778,000 |
| Interest expense | 74,006,000 | 151,045,000 |
| Net interest income | 123,445,000 | 249,733,000 |
| Noninterest income | 98,685,000 | 191,746,000 |
| Noninterest expense | 129,986,000 | 277,755,000 |
| Provision for loan losses | 32,033,000 | 53,951,000 |
| Pretax income | 60,111,000 | 109,773,000 |
| Income tax | 25,050,000 | 37,082,000 |
| Net income | 35,061,000 | 72,691,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 |
|---|---|---|
| Tier 1 capital | 2,577,928,000 | 2,608,991,000 |
| Total capital | 2,837,206,000 | 2,869,336,000 |
| Risk-weighted assets | 20,676,254,000 | 20,770,409,000 |