Call reports 2015
CIT BANK, NATIONAL ASSOCIATION — 2015
What CIT BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 21,285,309,000 | 21,650,873,000 | 43,584,535,000 | 43,799,710,000 |
| Total loans | 14,831,235,000 | 14,473,360,000 | 30,293,671,000 | 30,219,086,000 |
| Allowance for loan losses | 128,185,000 | 130,734,000 | 307,479,000 | 337,515,000 |
| Securities available for sale | 1,122,434,000 | 1,154,939,000 | 2,218,306,000 | 1,814,174,000 |
| Securities held to maturity | 0 | 0 | 256,857,000 | 250,559,000 |
| Trading assets | 19,730,000 | 19,226,000 | 54,742,000 | 390,893,000 |
| Total deposits | 14,481,721,000 | 14,889,395,000 | 32,423,614,000 | 32,881,576,000 |
| Interest-bearing deposits | 13,516,109,000 | 13,864,845,000 | 31,260,977,000 | 31,822,006,000 |
| Noninterest-bearing deposits | 965,612,000 | 1,024,550,000 | 1,162,637,000 | 1,059,570,000 |
| Equity capital | 2,795,465,000 | 2,834,919,000 | 5,555,660,000 | 5,590,943,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 219,655,000 | 453,180,000 | 767,876,000 | 1,214,966,000 |
| Interest expense | 32,037,000 | 63,653,000 | 246,642,000 | 353,461,000 |
| Net interest income | 187,618,000 | 389,527,000 | 521,234,000 | 861,505,000 |
| Noninterest income | -8,185,000 | -17,458,000 | 300,720,000 | 405,445,000 |
| Noninterest expense | 92,001,000 | 181,303,000 | 495,778,000 | 824,367,000 |
| Provision for loan losses | 4,791,000 | 6,425,000 | 98,243,000 | 154,959,000 |
| Pretax income | 80,188,000 | 176,588,000 | 227,933,000 | 287,624,000 |
| Income tax | 31,454,000 | 68,787,000 | 77,254,000 | 86,957,000 |
| Net income | 69,618,000 | 115,123,000 | 147,000,000 | 190,257,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,584,543,000 | 2,631,784,000 | 4,749,782,000 | 4,708,769,000 |
| Total capital | 2,721,936,000 | 2,772,622,000 | 5,091,562,000 | 5,083,512,000 |
| Risk-weighted assets | 12,724,602,000 | 12,777,783,000 | 36,644,722,000 | 36,807,246,000 |