Call reports 2024
NELNET BANK — 2024
What NELNET BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,125,122,000 | 1,185,313,000 | 1,328,808,000 | 1,449,034,000 |
| Total loans | 490,774,000 | 546,815,000 | 565,704,000 | 641,060,000 |
| Allowance for loan losses | 10,788,000 | 15,384,000 | 17,184,000 | 16,202,000 |
| Securities available for sale | 445,268,000 | 391,972,000 | 448,525,000 | 536,323,000 |
| Securities held to maturity | 156,538,000 | 225,383,000 | 222,480,000 | 210,774,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 960,633,000 | 1,033,457,000 | 1,148,466,000 | 1,254,622,000 |
| Interest-bearing deposits | 960,633,000 | 1,033,457,000 | 1,148,466,000 | 1,254,622,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 139,580,000 | 145,573,000 | 151,610,000 | 178,494,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 17,088,000 | 37,220,000 | 58,544,000 | 84,487,000 |
| Interest expense | 9,295,000 | 19,857,000 | 31,182,000 | 43,942,000 |
| Net interest income | 7,793,000 | 17,363,000 | 27,362,000 | 40,545,000 |
| Noninterest income | -179,000 | -188,000 | 31,000 | -89,000 |
| Noninterest expense | 4,881,000 | 10,804,000 | 17,450,000 | 23,110,000 |
| Provision for loan losses | 4,474,000 | 12,248,000 | 18,139,000 | 26,747,000 |
| Pretax income | -1,111,000 | -4,554,000 | -6,535,000 | -6,644,000 |
| Income tax | -283,000 | -1,145,000 | -1,610,000 | -1,707,000 |
| Net income | -828,000 | -3,409,000 | -4,925,000 | -4,937,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 136,250,000 | 141,948,000 | 151,020,000 | 174,043,000 |