Call reports 2020
JOHN DEERE FINANCIAL, F.S.B. — 2020
What JOHN DEERE FINANCIAL, F.S.B. reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 2,971,871,000 | 3,814,581,000 | 3,957,373,000 | 2,755,507,000 |
| Total loans | 2,967,271,000 | 3,822,057,000 | 3,970,928,000 | 2,751,924,000 |
| Allowance for loan losses | 39,310,000 | 42,310,000 | 42,310,000 | 30,081,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 996,394,000 | 1,262,304,000 | 1,388,496,000 | 1,150,671,000 |
| Interest-bearing deposits | 988,500,000 | 1,255,500,000 | 1,381,500,000 | 1,139,500,000 |
| Noninterest-bearing deposits | 7,894,000 | 6,804,000 | 6,996,000 | 11,171,000 |
| Equity capital | 613,580,000 | 628,441,000 | 621,839,000 | 675,505,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 57,397,000 | 122,212,000 | 197,097,000 | 266,818,000 |
| Interest expense | 13,995,000 | 30,191,000 | 45,054,000 | 57,241,000 |
| Net interest income | 43,402,000 | 92,021,000 | 152,043,000 | 209,577,000 |
| Noninterest income | 16,900,000 | 36,927,000 | 55,909,000 | 73,038,000 |
| Noninterest expense | 22,360,000 | 41,684,000 | 63,574,000 | 85,362,000 |
| Provision for loan losses | 3,304,000 | 34,196,000 | 29,683,000 | 24,874,000 |
| Pretax income | 34,638,000 | 53,068,000 | 114,695,000 | 172,379,000 |
| Income tax | 5,938,000 | 9,507,000 | 22,736,000 | 37,679,000 |
| Net income | 28,700,000 | 43,561,000 | 91,959,000 | 134,700,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 613,580,000 | 628,441,000 | 621,839,000 | 675,505,000 |