Call reports 2024
JOHN DEERE FINANCIAL, F.S.B. — 2024
What JOHN DEERE FINANCIAL, F.S.B. 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 | 3,426,925,000 | 4,348,212,000 | 4,587,137,000 | 3,437,123,000 |
| Total loans | 3,394,681,000 | 4,334,742,000 | 4,574,543,000 | 3,415,438,000 |
| Allowance for loan losses | 15,363,000 | 20,948,000 | 7,582,000 | 7,622,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,281,847,000 | 1,549,562,000 | 1,634,665,000 | 1,343,345,000 |
| Interest-bearing deposits | 1,268,500,000 | 1,539,500,000 | 1,624,500,000 | 1,330,500,000 |
| Noninterest-bearing deposits | 13,347,000 | 10,062,000 | 10,165,000 | 12,845,000 |
| Equity capital | 731,133,000 | 748,007,000 | 780,833,000 | 827,457,000 |
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 | 81,358,000 | 198,123,000 | 321,724,000 | 440,143,000 |
| Interest expense | 29,732,000 | 68,236,000 | 116,127,000 | 159,588,000 |
| Net interest income | 51,626,000 | 129,887,000 | 205,597,000 | 280,555,000 |
| Noninterest income | 17,179,000 | 38,915,000 | 58,975,000 | 77,656,000 |
| Noninterest expense | 24,272,000 | 48,962,000 | 73,607,000 | 94,582,000 |
| Provision for loan losses | 2,204,000 | 57,101,000 | 48,442,000 | 51,897,000 |
| Pretax income | 42,329,000 | 62,739,000 | 142,523,000 | 211,732,000 |
| Income tax | 4,715,000 | 8,250,000 | 25,209,000 | 47,793,000 |
| Net income | 37,614,000 | 54,489,000 | 117,314,000 | 163,939,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 731,133,000 | 748,007,000 | 780,833,000 | 827,456,000 |