Call reports 2021
SYNCHRONY BANK — 2021
What SYNCHRONY BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 85,431,000,000 | 81,927,000,000 | 82,323,000,000 | 86,064,000,000 |
| Total loans | 69,532,000,000 | 71,203,000,000 | 73,028,000,000 | 78,138,000,000 |
| Allowance for loan losses | 9,377,000,000 | 8,473,000,000 | 8,065,000,000 | 8,190,000,000 |
| Securities available for sale | 6,427,000,000 | 5,619,000,000 | 5,340,000,000 | 5,190,000,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,272,000,000 | 61,547,000,000 | 62,493,000,000 | 65,111,000,000 |
| Interest-bearing deposits | 64,927,000,000 | 61,204,000,000 | 62,136,000,000 | 64,750,000,000 |
| Noninterest-bearing deposits | 345,000,000 | 343,000,000 | 357,000,000 | 361,000,000 |
| Equity capital | 11,085,000,000 | 12,079,000,000 | 12,023,000,000 | 11,677,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,477,000,000 | 4,806,000,000 | 7,194,000,000 | 9,732,000,000 |
| Interest expense | 212,000,000 | 394,000,000 | 559,000,000 | 708,000,000 |
| Net interest income | 2,265,000,000 | 4,412,000,000 | 6,635,000,000 | 9,024,000,000 |
| Noninterest income | 169,000,000 | 318,000,000 | 504,000,000 | 700,000,000 |
| Noninterest expense | 919,000,000 | 1,838,000,000 | 2,780,000,000 | 3,812,000,000 |
| Provision for loan losses | 448,000,000 | 175,000,000 | 161,000,000 | 740,000,000 |
| Pretax income | 1,079,000,000 | 2,739,000,000 | 4,232,000,000 | 5,224,000,000 |
| Income tax | 232,000,000 | 636,000,000 | 984,000,000 | 1,213,000,000 |
| Net income | 847,000,000 | 2,103,000,000 | 3,248,000,000 | 4,011,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,732,000,000 | 13,526,000,000 | 13,390,000,000 | 13,074,000,000 |
| Total capital | 13,656,000,000 | 14,460,000,000 | 14,340,000,000 | 14,091,000,000 |
| Risk-weighted assets | 68,755,400,000 | 70,303,400,000 | 71,898,200,000 | 77,183,400,000 |