Call reports 2020
E*TRADE BANK — 2020
What E*TRADE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 50,294,236,000 | 50,855,534,000 | 51,565,837,000 | 62,755,565,000 |
| Total loans | 1,548,993,000 | 1,527,189,000 | 1,640,666,000 | 1,698,078,000 |
| Allowance for loan losses | -85,980,000 | -81,274,000 | -79,502,000 | 286,000 |
| Securities available for sale | 21,439,258,000 | 19,991,769,000 | 19,183,869,000 | 31,964,336,000 |
| Securities held to maturity | 25,089,997,000 | 27,182,187,000 | 28,864,584,000 | 21,335,523,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,645,155,000 | 44,137,324,000 | 45,572,137,000 | 54,749,686,000 |
| Interest-bearing deposits | 42,113,359,000 | 43,638,955,000 | 44,855,900,000 | 54,035,443,000 |
| Noninterest-bearing deposits | 531,795,000 | 498,369,000 | 716,238,000 | 714,243,000 |
| Equity capital | 3,528,660,000 | 3,758,362,000 | 3,900,883,000 | 4,835,021,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 307,227,000 | 595,481,000 | 852,835,000 | 143,185,000 |
| Interest expense | 28,935,000 | 31,262,000 | 33,837,000 | 2,997,000 |
| Net interest income | 278,292,000 | 564,219,000 | 818,998,000 | 140,188,000 |
| Noninterest income | 12,148,000 | 23,732,000 | 38,087,000 | 36,108,000 |
| Noninterest expense | 165,715,000 | 343,408,000 | 497,583,000 | 151,766,000 |
| Provision for loan losses | 6,199,000 | 5,396,000 | 2,555,000 | 432,000 |
| Pretax income | 138,231,000 | 281,805,000 | 426,193,000 | 34,634,000 |
| Income tax | 41,303,000 | 80,703,000 | 122,034,000 | 8,358,000 |
| Net income | 96,928,000 | 201,102,000 | 304,159,000 | 26,276,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,419,823,000 | 3,527,441,000 | 3,633,661,000 | 4,199,494,000 |
| Total capital | 3,419,823,000 | 3,527,441,000 | 3,633,661,000 | 4,199,780,000 |
| Risk-weighted assets | 9,553,618,000 | 10,094,318,000 | 9,999,933,000 | 10,057,107,000 |