Call reports 2013
CIT BANK, NATIONAL ASSOCIATION — 2013
What CIT BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 25,369,083,000 | 25,421,057,000 | 24,222,377,000 | 23,493,548,000 |
| Total loans | 14,658,705,000 | 14,831,777,000 | 14,799,405,000 | 13,466,509,000 |
| Allowance for loan losses | 60,212,000 | 70,537,000 | 79,200,000 | 90,573,000 |
| Securities available for sale | 623,879,000 | 591,779,000 | 555,179,000 | 1,270,653,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 50,515,000 | 46,688,000 | 45,371,000 | 67,477,000 |
| Total deposits | 15,138,663,000 | 15,365,771,000 | 14,779,688,000 | 14,463,119,000 |
| Interest-bearing deposits | 13,902,794,000 | 13,888,832,000 | 13,827,483,000 | 13,729,661,000 |
| Noninterest-bearing deposits | 1,235,869,000 | 1,476,939,000 | 952,205,000 | 733,458,000 |
| Equity capital | 4,144,875,000 | 4,156,614,000 | 4,126,384,000 | 3,176,073,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 216,674,000 | 441,065,000 | 662,847,000 | 872,947,000 |
| Interest expense | 55,036,000 | 109,958,000 | 158,731,000 | 201,354,000 |
| Net interest income | 161,638,000 | 331,107,000 | 504,116,000 | 671,593,000 |
| Noninterest income | 132,655,000 | 262,510,000 | 40,191,000 | 60,072,000 |
| Noninterest expense | 135,941,000 | 295,051,000 | 270,886,000 | 370,647,000 |
| Provision for loan losses | -4,708,000 | -2,961,000 | 3,556,000 | 11,482,000 |
| Pretax income | 167,311,000 | 305,714,000 | 274,052,000 | 348,950,000 |
| Income tax | 66,963,000 | 122,221,000 | 109,579,000 | 104,486,000 |
| Net income | 100,348,000 | 183,493,000 | 221,286,000 | 305,010,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,867,811,000 | 3,892,494,000 | 3,871,347,000 | 2,924,634,000 |
| Total capital | 3,930,445,000 | 3,965,487,000 | 3,953,293,000 | 3,020,855,000 |
| Risk-weighted assets | 11,107,157,000 | 11,350,578,000 | 11,062,145,000 | 9,687,445,000 |