Call reports 2018
CIT BANK, NATIONAL ASSOCIATION — 2018
What CIT BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 42,930,969,000 | 41,664,755,000 | 40,831,340,000 | 42,181,682,000 |
| Total loans | 28,007,065,000 | 27,155,326,000 | 27,866,692,000 | 28,286,791,000 |
| Allowance for loan losses | 418,858,000 | 437,796,000 | 444,004,000 | 458,783,000 |
| Securities available for sale | 5,564,120,000 | 5,551,245,000 | 6,045,549,000 | 5,923,258,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 86,925,000 | 97,945,000 | 108,482,000 | 90,100,000 |
| Total deposits | 32,207,272,000 | 31,992,056,000 | 31,425,835,000 | 32,040,816,000 |
| Interest-bearing deposits | 30,804,027,000 | 30,525,629,000 | 29,942,231,000 | 30,335,981,000 |
| Noninterest-bearing deposits | 1,403,245,000 | 1,466,426,000 | 1,483,604,000 | 1,704,834,000 |
| Equity capital | 5,043,604,000 | 5,052,955,000 | 5,009,038,000 | 5,090,956,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 428,354,000 | 877,851,000 | 1,326,255,000 | 1,794,049,000 |
| Interest expense | 119,395,000 | 256,888,000 | 401,179,000 | 557,418,000 |
| Net interest income | 308,959,000 | 620,963,000 | 925,076,000 | 1,236,631,000 |
| Noninterest income | 181,012,000 | 397,527,000 | 554,794,000 | 737,721,000 |
| Noninterest expense | 301,471,000 | 607,522,000 | 899,878,000 | 1,202,343,000 |
| Provision for loan losses | 65,317,000 | 102,584,000 | 134,474,000 | 174,049,000 |
| Pretax income | 126,490,000 | 315,642,000 | 456,730,000 | 614,093,000 |
| Income tax | 33,517,000 | 84,853,000 | 123,678,000 | 150,802,000 |
| Net income | 85,992,000 | 202,723,000 | 305,358,000 | 432,194,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,730,875,000 | 4,767,610,000 | 4,759,369,000 | 4,783,578,000 |
| Total capital | 5,165,456,000 | 5,195,506,000 | 5,193,653,000 | 5,230,373,000 |
| Risk-weighted assets | 34,742,241,000 | 34,183,430,000 | 34,694,073,000 | 35,697,609,000 |