Call reports 2024
FLAGSTAR BANK, NATIONAL ASSOCIATION — 2024
What FLAGSTAR BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 112,840,482,000 | 118,993,651,000 | 114,306,851,000 | 100,102,295,000 |
| Total loans | 83,308,488,000 | 82,398,175,000 | 73,432,121,000 | 69,171,509,000 |
| Allowance for loan losses | 1,215,327,000 | 1,268,348,000 | 1,264,000,000 | 1,201,000,000 |
| Securities available for sale | 9,336,479,000 | 10,534,596,000 | 10,510,848,000 | 10,401,846,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 91,122,000 | 101,703,000 | 6,063,000 | 7,306,000 |
| Total deposits | 75,528,613,000 | 79,682,020,000 | 83,625,177,000 | 76,448,437,000 |
| Interest-bearing deposits | 57,776,733,000 | 61,808,371,000 | 65,053,420,000 | 62,964,749,000 |
| Noninterest-bearing deposits | 17,751,880,000 | 17,873,649,000 | 18,571,757,000 | 13,483,688,000 |
| Equity capital | 9,274,828,000 | 8,993,026,000 | 8,946,458,000 | 8,579,156,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,512,895,000 | 3,061,088,000 | 4,594,657,000 | 5,952,414,000 |
| Interest expense | 866,951,000 | 1,835,713,000 | 2,837,641,000 | 3,712,429,000 |
| Net interest income | 645,944,000 | 1,225,375,000 | 1,757,016,000 | 2,239,985,000 |
| Noninterest income | 109,505,000 | 218,356,000 | 339,964,000 | 491,222,000 |
| Noninterest expense | 794,511,000 | 1,485,864,000 | 2,195,897,000 | 2,893,554,000 |
| Provision for loan losses | 304,035,000 | 706,080,000 | 942,386,000 | 1,101,630,000 |
| Pretax income | -354,403,000 | -747,166,000 | -1,045,554,000 | -1,254,656,000 |
| Income tax | -47,913,000 | -140,685,000 | -187,653,000 | -235,266,000 |
| Net income | -306,490,000 | -606,481,000 | -857,901,000 | -1,019,390,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,458,585,000 | 9,285,592,000 | 9,060,540,000 | 8,912,125,000 |
| Total capital | 10,529,100,000 | 10,359,551,000 | 10,013,817,000 | 9,760,483,000 |
| Risk-weighted assets | 85,366,439,000 | 85,670,617,000 | 75,893,957,000 | 67,472,524,000 |