Call reports 2020
SYNCHRONY BANK — 2020
What SYNCHRONY 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 | 85,811,000,000 | 85,264,000,000 | 85,130,000,000 | 85,303,000,000 |
| Total loans | 73,069,000,000 | 69,488,000,000 | 70,501,000,000 | 73,723,000,000 |
| Allowance for loan losses | 8,596,000,000 | 9,140,000,000 | 9,442,000,000 | 9,571,000,000 |
| Securities available for sale | 5,652,000,000 | 7,558,000,000 | 10,081,000,000 | 7,333,000,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,098,000,000 | 66,884,000,000 | 66,479,000,000 | 65,849,000,000 |
| Interest-bearing deposits | 66,781,000,000 | 66,590,000,000 | 66,177,000,000 | 65,532,000,000 |
| Noninterest-bearing deposits | 317,000,000 | 294,000,000 | 302,000,000 | 317,000,000 |
| Equity capital | 9,424,000,000 | 9,288,000,000 | 9,665,000,000 | 10,100,000,000 |
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 | 3,080,000,000 | 5,774,000,000 | 8,393,000,000 | 11,014,000,000 |
| Interest expense | 420,000,000 | 755,000,000 | 1,041,000,000 | 1,294,000,000 |
| Net interest income | 2,660,000,000 | 5,019,000,000 | 7,352,000,000 | 9,720,000,000 |
| Noninterest income | 222,000,000 | 434,000,000 | 633,000,000 | 859,000,000 |
| Noninterest expense | 968,000,000 | 1,934,000,000 | 2,978,000,000 | 3,963,000,000 |
| Provision for loan losses | 1,476,000,000 | 2,977,000,000 | 4,060,000,000 | 4,766,000,000 |
| Pretax income | 438,000,000 | 546,000,000 | 958,000,000 | 1,868,000,000 |
| Income tax | 105,000,000 | 131,000,000 | 228,000,000 | 439,000,000 |
| Net income | 333,000,000 | 415,000,000 | 730,000,000 | 1,429,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,823,000,000 | 10,845,000,000 | 11,341,000,000 | 11,821,000,000 |
| Total capital | 11,775,000,000 | 11,752,000,000 | 12,260,000,000 | 12,784,000,000 |
| Risk-weighted assets | 71,617,000,000 | 67,623,000,000 | 68,371,000,000 | 71,838,000,000 |