Call reports 2008
FIA CARD SERVICES, NATIONAL ASSOCIATION — 2008
What FIA CARD SERVICES, NATIONAL ASSOCIATION reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 159,790,492,000 | 165,349,652,000 | 160,210,409,000 | 159,637,136,000 |
| Total loans | 121,915,011,000 | 126,090,432,000 | 127,807,690,000 | 125,540,442,000 |
| Allowance for loan losses | 7,347,209,000 | 7,765,404,000 | 9,113,729,000 | 10,219,222,000 |
| Securities available for sale | 340,091,000 | 319,402,000 | 314,371,000 | 314,220,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,927,811,000 | 4,625,014,000 | 2,155,529,000 | 574,898,000 |
| Interest-bearing deposits | 103,620,000 | 100,838,000 | 0 | 0 |
| Noninterest-bearing deposits | 2,824,191,000 | 4,524,176,000 | 2,155,529,000 | 574,898,000 |
| Equity capital | 42,871,390,000 | 42,566,553,000 | 41,466,070,000 | 40,789,751,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,368,772,000 | 8,575,715,000 | 12,893,053,000 | 17,227,752,000 |
| Interest expense | 1,120,494,000 | 2,028,253,000 | 2,914,669,000 | 3,422,971,000 |
| Net interest income | 3,248,278,000 | 6,547,462,000 | 9,978,384,000 | 13,804,781,000 |
| Noninterest income | 2,355,347,000 | 4,485,937,000 | 6,623,683,000 | 8,525,161,000 |
| Noninterest expense | 1,627,506,000 | 3,390,121,000 | 5,262,369,000 | 6,971,477,000 |
| Provision for loan losses | 2,868,183,000 | 5,303,806,000 | 9,016,948,000 | 12,902,704,000 |
| Pretax income | 1,488,365,000 | 2,720,143,000 | 2,703,411,000 | 2,836,502,000 |
| Income tax | 529,694,000 | 915,958,000 | 931,866,000 | 873,075,000 |
| Net income | 958,671,000 | 1,804,185,000 | 1,771,545,000 | 1,963,427,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,529,714,000 | 21,346,481,000 | 20,215,385,000 | 19,573,091,000 |
| Total capital | 25,278,862,000 | 25,042,822,000 | 23,766,649,000 | 22,875,165,000 |
| Risk-weighted assets | 150,086,282,000 | 155,435,116,000 | 145,500,879,000 | 140,801,034,000 |