Call reports 2017
CIT BANK, NATIONAL ASSOCIATION — 2017
What CIT BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 42,065,232,000 | 41,181,081,000 | 40,224,889,000 | 40,746,561,000 |
| Total loans | 27,942,040,000 | 27,255,781,000 | 26,938,456,000 | 27,850,952,000 |
| Allowance for loan losses | 411,457,000 | 400,478,000 | 389,616,000 | 403,503,000 |
| Securities available for sale | 3,767,631,000 | 4,181,802,000 | 4,837,013,000 | 6,194,534,000 |
| Securities held to maturity | 186,873,000 | 180,063,000 | 171,243,000 | 0 |
| Trading assets | 329,848,000 | 320,509,000 | 313,909,000 | 63,386,000 |
| Total deposits | 32,389,693,000 | 31,912,428,000 | 29,832,418,000 | 30,086,539,000 |
| Interest-bearing deposits | 30,977,945,000 | 30,425,171,000 | 28,268,906,000 | 28,547,913,000 |
| Noninterest-bearing deposits | 1,411,748,000 | 1,487,257,000 | 1,563,512,000 | 1,538,626,000 |
| Equity capital | 5,285,270,000 | 5,358,255,000 | 5,307,108,000 | 5,121,468,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 429,427,000 | 883,281,000 | 1,311,060,000 | 1,732,652,000 |
| Interest expense | 103,951,000 | 218,197,000 | 324,886,000 | 434,373,000 |
| Net interest income | 325,476,000 | 665,084,000 | 986,174,000 | 1,298,279,000 |
| Noninterest income | 183,916,000 | 367,787,000 | 513,094,000 | 739,982,000 |
| Noninterest expense | 315,860,000 | 625,064,000 | 899,355,000 | 1,400,452,000 |
| Provision for loan losses | 28,107,000 | 35,794,000 | 67,095,000 | 99,614,000 |
| Pretax income | 165,425,000 | 372,013,000 | 537,178,000 | 545,221,000 |
| Income tax | 60,930,000 | 114,225,000 | 170,067,000 | 234,129,000 |
| Net income | 95,273,000 | 258,970,000 | 363,915,000 | 303,441,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,695,170,000 | 4,804,817,000 | 4,740,008,000 | 4,751,632,000 |
| Total capital | 5,123,563,000 | 5,228,838,000 | 5,166,330,000 | 5,183,343,000 |
| Risk-weighted assets | 34,251,952,000 | 33,904,695,000 | 34,172,105,000 | 34,527,247,000 |