Call reports 2021
USAA FEDERAL SAVINGS BANK — 2021
What USAA FEDERAL SAVINGS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 121,715,724,000 | 115,631,179,000 | 117,331,935,000 | 117,378,701,000 |
| Total loans | 39,760,960,000 | 39,102,757,000 | 38,499,354,000 | 38,774,775,000 |
| Allowance for loan losses | 1,030,304,000 | 893,253,000 | 797,898,000 | 755,503,000 |
| Securities available for sale | 64,754,199,000 | 65,903,990,000 | 65,098,454,000 | 62,161,031,000 |
| Securities held to maturity | 209,543,000 | 198,952,000 | 2,451,350,000 | 4,425,723,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,458,634,000 | 101,196,467,000 | 103,244,241,000 | 105,070,590,000 |
| Interest-bearing deposits | 98,308,610,000 | 97,607,495,000 | 99,919,235,000 | 102,126,556,000 |
| Noninterest-bearing deposits | 4,150,024,000 | 3,588,973,000 | 3,325,006,000 | 2,944,034,000 |
| Equity capital | 9,256,738,000 | 9,875,064,000 | 9,464,701,000 | 8,980,074,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 874,903,000 | 1,744,555,000 | 2,600,051,000 | 3,472,972,000 |
| Interest expense | 25,431,000 | 45,207,000 | 61,606,000 | 76,956,000 |
| Net interest income | 849,472,000 | 1,699,348,000 | 2,538,445,000 | 3,396,016,000 |
| Noninterest income | 488,227,000 | 1,031,767,000 | 1,578,467,000 | 2,123,379,000 |
| Noninterest expense | 1,484,111,000 | 2,968,924,000 | 4,526,525,000 | 6,124,937,000 |
| Provision for loan losses | -43,355,000 | -112,392,000 | -161,085,000 | -135,894,000 |
| Pretax income | -103,057,000 | -123,110,000 | -242,812,000 | -462,518,000 |
| Income tax | -24,183,000 | -17,432,000 | -48,574,000 | -76,039,000 |
| Net income | -78,874,000 | -105,678,000 | -194,238,000 | -386,479,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,602,783,000 | 9,591,737,000 | 9,463,252,000 | 9,216,174,000 |
| Total capital | 10,278,185,000 | 10,264,250,000 | 10,132,491,000 | 9,876,465,000 |
| Risk-weighted assets | 53,566,598,000 | 53,477,175,000 | 53,314,835,000 | 52,653,766,000 |