Call reports 2023
JOHN DEERE FINANCIAL, F.S.B. — 2023
What JOHN DEERE FINANCIAL, F.S.B. reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 3,213,144,000 | 4,271,561,000 | 4,618,856,000 | 3,396,957,000 |
| Total loans | 3,195,665,000 | 4,259,441,000 | 4,611,890,000 | 3,383,247,000 |
| Allowance for loan losses | 15,995,000 | 19,253,000 | 17,501,000 | 20,432,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,170,086,000 | 1,456,983,000 | 1,609,277,000 | 1,340,089,000 |
| Interest-bearing deposits | 1,156,500,000 | 1,447,500,000 | 1,598,500,000 | 1,325,500,000 |
| Noninterest-bearing deposits | 13,586,000 | 9,483,000 | 10,777,000 | 14,589,000 |
| Equity capital | 669,995,000 | 700,113,000 | 685,259,000 | 723,518,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 68,083,000 | 155,975,000 | 260,787,000 | 369,645,000 |
| Interest expense | 20,608,000 | 51,613,000 | 93,552,000 | 136,597,000 |
| Net interest income | 47,475,000 | 104,362,000 | 167,235,000 | 233,048,000 |
| Noninterest income | 17,240,000 | 40,360,000 | 61,144,000 | 80,365,000 |
| Noninterest expense | 28,409,000 | 52,231,000 | 78,816,000 | 102,083,000 |
| Provision for loan losses | -2,103,000 | 16,264,000 | 16,003,000 | 20,566,000 |
| Pretax income | 38,409,000 | 76,227,000 | 133,560,000 | 190,764,000 |
| Income tax | 5,452,000 | 13,152,000 | 25,339,000 | 44,284,000 |
| Net income | 32,957,000 | 63,075,000 | 108,221,000 | 146,480,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 669,995,000 | 700,113,000 | 685,259,000 | 723,518,000 |