Call reports 2017
E*TRADE BANK — 2017
What E*TRADE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 42,083,858,000 | 45,504,146,000 | 47,028,253,000 | 48,838,799,000 |
| Total loans | 3,500,611,000 | 3,170,256,000 | 2,932,804,000 | 2,744,739,000 |
| Allowance for loan losses | 212,672,000 | 115,571,000 | 94,324,000 | 73,808,000 |
| Securities available for sale | 17,768,509,000 | 18,890,080,000 | 19,172,802,000 | 20,678,782,000 |
| Securities held to maturity | 19,191,182,000 | 21,501,965,000 | 22,920,268,000 | 23,838,579,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,694,518,000 | 40,344,566,000 | 41,759,809,000 | 43,100,012,000 |
| Interest-bearing deposits | 37,306,589,000 | 40,017,374,000 | 41,468,663,000 | 42,672,730,000 |
| Noninterest-bearing deposits | 387,929,000 | 327,192,000 | 291,146,000 | 427,282,000 |
| Equity capital | 3,290,544,000 | 3,484,898,000 | 3,607,605,000 | 3,703,195,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 249,522,000 | 523,785,000 | 817,692,000 | 1,125,059,000 |
| Interest expense | 2,371,000 | 6,128,000 | 11,236,000 | 16,461,000 |
| Net interest income | 247,151,000 | 517,657,000 | 806,456,000 | 1,108,598,000 |
| Noninterest income | -472,000 | -1,345,000 | -449,000 | -8,167,000 |
| Noninterest expense | 112,871,000 | 242,094,000 | 394,412,000 | 545,502,000 |
| Provision for loan losses | -13,927,000 | -112,513,000 | -142,050,000 | -167,842,000 |
| Pretax income | 155,686,000 | 404,713,000 | 578,934,000 | 762,578,000 |
| Income tax | 60,682,000 | 150,997,000 | 214,579,000 | 376,841,000 |
| Net income | 95,004,000 | 253,716,000 | 364,355,000 | 385,737,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,250,138,000 | 3,452,214,000 | 3,563,080,000 | 3,619,132,000 |
| Total capital | 3,368,019,000 | 3,567,785,000 | 3,657,404,000 | 3,692,940,000 |
| Risk-weighted assets | 9,280,347,000 | 9,840,474,000 | 10,043,545,000 | 10,147,072,000 |