Call reports 2016
CIT BANK, NATIONAL ASSOCIATION — 2016
What CIT BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 43,829,722,000 | 43,423,651,000 | 42,964,467,000 | 42,230,654,000 |
| Total loans | 30,204,313,000 | 29,743,688,000 | 28,968,024,000 | 28,526,878,000 |
| Allowance for loan losses | 381,991,000 | 375,342,000 | 393,017,000 | 406,568,000 |
| Securities available for sale | 1,792,182,000 | 2,132,223,000 | 2,434,499,000 | 3,346,036,000 |
| Securities held to maturity | 239,055,000 | 229,723,000 | 213,853,000 | 203,362,000 |
| Trading assets | 415,065,000 | 420,251,000 | 403,399,000 | 352,565,000 |
| Total deposits | 32,940,602,000 | 32,928,301,000 | 32,902,042,000 | 32,357,228,000 |
| Interest-bearing deposits | 31,813,426,000 | 31,788,422,000 | 31,736,451,000 | 30,902,640,000 |
| Noninterest-bearing deposits | 1,127,176,000 | 1,139,879,000 | 1,165,591,000 | 1,454,587,000 |
| Equity capital | 5,572,972,000 | 5,395,228,000 | 5,504,144,000 | 5,187,831,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 450,719,000 | 892,657,000 | 1,338,596,000 | 1,789,779,000 |
| Interest expense | 109,747,000 | 219,355,000 | 329,062,000 | 435,162,000 |
| Net interest income | 340,972,000 | 673,302,000 | 1,009,534,000 | 1,354,617,000 |
| Noninterest income | 133,670,000 | 306,622,000 | 527,687,000 | 694,439,000 |
| Noninterest expense | 308,063,000 | 618,492,000 | 926,942,000 | 1,594,823,000 |
| Provision for loan losses | 88,210,000 | 122,277,000 | 163,778,000 | 200,326,000 |
| Pretax income | 78,369,000 | 239,155,000 | 446,501,000 | 253,907,000 |
| Income tax | 24,309,000 | 84,525,000 | 158,658,000 | 203,765,000 |
| Net income | 49,232,000 | -16,585,000 | 86,700,000 | -160,071,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,668,490,000 | 4,494,389,000 | 4,597,409,000 | 4,623,160,000 |
| Total capital | 5,092,094,000 | 4,908,797,000 | 5,030,328,000 | 5,053,440,000 |
| Risk-weighted assets | 36,477,266,000 | 35,817,721,000 | 35,254,949,000 | 34,410,290,000 |