Call reports 2022
USAA FEDERAL SAVINGS BANK — 2022
What USAA FEDERAL SAVINGS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 118,343,000,000 | 114,528,000,000 | 110,419,000,000 | 110,900,000,000 |
| Total loans | 37,828,000,000 | 38,907,000,000 | 40,163,000,000 | 40,950,000,000 |
| Allowance for loan losses | 761,000,000 | 749,000,000 | 752,000,000 | 760,000,000 |
| Securities available for sale | 56,339,000,000 | 38,091,000,000 | 27,954,000,000 | 25,496,000,000 |
| Securities held to maturity | 7,253,000,000 | 26,367,000,000 | 33,333,000,000 | 32,867,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,289,000,000 | 106,920,000,000 | 103,583,000,000 | 102,056,000,000 |
| Interest-bearing deposits | 107,257,000,000 | 104,256,000,000 | 103,193,000,000 | 101,698,000,000 |
| Noninterest-bearing deposits | 3,032,000,000 | 2,664,000,000 | 390,000,000 | 358,000,000 |
| Equity capital | 5,831,000,000 | 4,186,000,000 | 2,734,000,000 | 2,956,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 886,000,000 | 1,997,000,000 | 3,057,000,000 | 4,353,000,000 |
| Interest expense | 14,000,000 | 28,000,000 | 61,000,000 | 168,000,000 |
| Net interest income | 872,000,000 | 1,969,000,000 | 2,996,000,000 | 4,185,000,000 |
| Noninterest income | 589,000,000 | 1,111,000,000 | 1,644,000,000 | 2,132,000,000 |
| Noninterest expense | 1,354,000,000 | 2,866,000,000 | 4,362,000,000 | 5,941,000,000 |
| Provision for loan losses | 66,000,000 | 127,000,000 | 200,000,000 | 300,000,000 |
| Pretax income | 42,000,000 | 298,000,000 | 283,000,000 | 194,000,000 |
| Income tax | 12,000,000 | 69,000,000 | 80,000,000 | 55,000,000 |
| Net income | 30,000,000 | 229,000,000 | 203,000,000 | 139,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,233,000,000 | 9,472,000,000 | 9,483,000,000 | 9,484,000,000 |
| Total capital | 9,915,000,000 | 10,188,000,000 | 10,146,000,000 | 10,158,000,000 |
| Risk-weighted assets | 54,402,000,000 | 57,210,000,000 | 52,876,000,000 | 53,833,000,000 |