Call reports 2020
USAA FEDERAL SAVINGS BANK — 2020
What USAA FEDERAL SAVINGS BANK 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 | 95,337,627,000 | 100,839,323,000 | 103,029,691,000 | 108,949,670,000 |
| Total loans | 46,625,871,000 | 45,255,458,000 | 43,626,275,000 | 41,562,797,000 |
| Allowance for loan losses | 1,086,803,000 | 1,365,259,000 | 1,309,498,000 | 1,163,317,000 |
| Securities available for sale | 32,138,024,000 | 37,855,501,000 | 48,075,925,000 | 55,978,446,000 |
| Securities held to maturity | 300,455,000 | 294,689,000 | 247,351,000 | 230,322,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,453,971,000 | 86,193,240,000 | 88,067,243,000 | 94,445,092,000 |
| Interest-bearing deposits | 80,018,598,000 | 83,143,908,000 | 84,757,847,000 | 91,102,243,000 |
| Noninterest-bearing deposits | 2,435,373,000 | 3,049,333,000 | 3,309,396,000 | 3,342,850,000 |
| Equity capital | 9,678,670,000 | 9,630,186,000 | 9,375,968,000 | 9,044,905,000 |
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 | 1,072,683,000 | 2,004,601,000 | 2,931,961,000 | 3,852,610,000 |
| Interest expense | 67,611,000 | 118,540,000 | 155,816,000 | 186,675,000 |
| Net interest income | 1,005,072,000 | 1,886,061,000 | 2,776,145,000 | 3,665,935,000 |
| Noninterest income | 721,413,000 | 1,351,709,000 | 1,873,440,000 | 2,344,728,000 |
| Noninterest expense | 1,208,502,000 | 2,485,289,000 | 3,990,996,000 | 5,683,209,000 |
| Provision for loan losses | 502,543,000 | 947,760,000 | 1,008,001,000 | 931,209,000 |
| Pretax income | 188,658,000 | 17,935,000 | -136,198,000 | -390,541,000 |
| Income tax | 40,730,000 | -15,976,000 | -33,095,000 | -66,679,000 |
| Net income | 147,928,000 | 33,911,000 | -103,103,000 | -323,862,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,366,143,000 | 8,249,200,000 | 8,113,713,000 | 7,893,949,000 |
| Total capital | 9,028,975,000 | 8,905,199,000 | 8,773,933,000 | 8,547,605,000 |
| Risk-weighted assets | 52,541,812,000 | 51,705,846,000 | 52,103,286,000 | 51,666,998,000 |