Call reports 2016
SYNCHRONY BANK — 2016
What SYNCHRONY BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 62,046,144,000 | 64,615,426,000 | 69,521,405,000 | 71,790,226,000 |
| Total loans | 49,615,996,000 | 52,420,280,000 | 55,430,571,000 | 60,710,552,000 |
| Allowance for loan losses | 2,901,615,000 | 3,186,199,000 | 3,428,896,000 | 3,630,472,000 |
| Securities available for sale | 1,167,490,000 | 1,305,046,000 | 1,808,733,000 | 2,924,652,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,827,473,000 | 49,527,447,000 | 53,415,558,000 | 54,743,590,000 |
| Interest-bearing deposits | 47,571,278,000 | 49,320,741,000 | 53,211,653,000 | 54,546,958,000 |
| Noninterest-bearing deposits | 256,195,000 | 206,707,000 | 203,905,000 | 196,631,000 |
| Equity capital | 8,590,814,000 | 8,891,523,000 | 9,359,787,000 | 9,800,156,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,169,430,000 | 4,399,983,000 | 6,826,953,000 | 9,337,400,000 |
| Interest expense | 187,844,000 | 380,597,000 | 585,642,000 | 796,407,000 |
| Net interest income | 1,981,586,000 | 4,019,386,000 | 6,241,311,000 | 8,540,993,000 |
| Noninterest income | 195,500,000 | 373,836,000 | 605,975,000 | 867,628,000 |
| Noninterest expense | 762,201,000 | 1,582,091,000 | 2,418,274,000 | 3,310,874,000 |
| Provision for loan losses | 738,092,000 | 1,592,148,000 | 2,433,674,000 | 3,317,936,000 |
| Pretax income | 676,793,000 | 1,218,983,000 | 1,995,338,000 | 2,779,834,000 |
| Income tax | 252,701,000 | 455,187,000 | 734,019,000 | 1,015,526,000 |
| Net income | 424,092,000 | 763,796,000 | 1,261,319,000 | 1,764,308,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,073,058,000 | 8,383,081,000 | 8,835,934,000 | 9,311,988,000 |
| Total capital | 8,717,799,000 | 9,064,261,000 | 9,558,580,000 | 10,101,383,000 |
| Risk-weighted assets | 49,310,241,000 | 51,972,905,000 | 55,092,287,000 | 60,310,321,000 |