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Call reports 2019

CIT BANK, NATIONAL ASSOCIATION — 2019

What CIT BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2019, quarter by quarter.

PERIOD: 2019SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/6b174c01-cc3d-486b-a574-dadaa71525f7/2019

Balance sheet

What the bank holds and owes at quarter end

Measure2019Q12019Q22019Q32019Q4
Total assets44,315,851,00044,645,204,00045,380,876,00045,268,906,000
Total loans28,634,116,00029,267,783,00028,973,383,00028,804,674,000
Allowance for loan losses455,296,000459,412,000455,443,000455,239,000
Securities available for sale7,563,384,0006,300,085,0005,845,804,0006,002,548,000
Securities held to maturity0000
Trading assets110,735,000188,625,000260,971,000179,378,000
Total deposits35,576,930,00036,004,674,00036,764,650,00035,823,085,000
Interest-bearing deposits33,896,903,00034,438,478,00035,104,921,00033,886,914,000
Noninterest-bearing deposits1,680,027,0001,566,197,0001,659,729,0001,936,170,000
Equity capital5,112,835,0005,190,966,0005,164,042,0005,266,285,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2019Q12019Q22019Q32019Q4
Interest income491,536,000982,775,0001,461,651,0001,918,879,000
Interest expense183,670,000373,762,000563,647,000739,967,000
Net interest income307,866,000609,013,000898,004,0001,178,912,000
Noninterest income190,580,000378,641,000565,749,000751,295,000
Noninterest expense329,780,000628,079,000957,296,0001,253,054,000
Provision for loan losses29,664,00063,024,00084,937,000116,178,000
Pretax income140,745,000300,502,000427,312,000568,162,000
Income tax36,587,00069,230,000100,387,000131,770,000
Net income103,424,000229,257,000324,910,000434,377,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2019Q12019Q22019Q32019Q4
Tier 1 capital4,764,161,0004,790,675,0004,766,141,0004,879,607,000
Total capital5,202,789,0005,255,396,0005,232,950,0005,644,250,000
Risk-weighted assets35,038,837,00037,149,627,00037,322,721,00037,150,503,000