Call reports 2023
SYNCHRONY BANK — 2023
What SYNCHRONY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 99,374,000,000 | 100,739,000,000 | 105,275,000,000 | 109,577,000,000 |
| Total loans | 86,128,000,000 | 89,859,000,000 | 93,062,000,000 | 98,028,000,000 |
| Allowance for loan losses | 9,077,000,000 | 9,336,000,000 | 9,697,000,000 | 10,147,000,000 |
| Securities available for sale | 3,951,000,000 | 4,241,000,000 | 2,834,000,000 | 3,750,000,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,638,000,000 | 77,963,000,000 | 79,562,000,000 | 83,515,000,000 |
| Interest-bearing deposits | 77,219,000,000 | 77,539,000,000 | 79,162,000,000 | 83,147,000,000 |
| Noninterest-bearing deposits | 419,000,000 | 424,000,000 | 400,000,000 | 368,000,000 |
| Equity capital | 11,658,000,000 | 11,800,000,000 | 12,093,000,000 | 12,165,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 3,639,000,000 | 7,549,000,000 | 11,704,000,000 | 16,145,000,000 |
| Interest expense | 695,000,000 | 1,520,000,000 | 2,448,000,000 | 3,473,000,000 |
| Net interest income | 2,944,000,000 | 6,029,000,000 | 9,256,000,000 | 12,672,000,000 |
| Noninterest income | 152,000,000 | 260,000,000 | 392,000,000 | 539,000,000 |
| Noninterest expense | 1,109,000,000 | 2,272,000,000 | 3,412,000,000 | 4,714,000,000 |
| Provision for loan losses | 1,278,000,000 | 2,598,000,000 | 4,039,000,000 | 5,862,000,000 |
| Pretax income | 696,000,000 | 1,400,000,000 | 2,180,000,000 | 2,617,000,000 |
| Income tax | 166,000,000 | 334,000,000 | 524,000,000 | 616,000,000 |
| Net income | 530,000,000 | 1,066,000,000 | 1,656,000,000 | 2,001,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,920,000,000 | 12,087,000,000 | 12,409,000,000 | 12,880,000,000 |
| Total capital | 13,073,000,000 | 14,037,000,000 | 14,401,000,000 | 14,944,000,000 |
| Risk-weighted assets | 85,812,600,000 | 89,402,900,000 | 92,442,300,000 | 97,778,300,000 |