Call reports 2023
USAA FEDERAL SAVINGS BANK — 2023
What USAA FEDERAL SAVINGS BANK 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 | 110,977,000,000 | 109,991,000,000 | 109,429,000,000 | 110,371,000,000 |
| Total loans | 41,755,000,000 | 43,266,000,000 | 44,010,000,000 | 44,757,000,000 |
| Allowance for loan losses | 1,449,000,000 | 1,425,000,000 | 1,489,000,000 | 1,549,000,000 |
| Securities available for sale | 25,424,000,000 | 19,656,000,000 | 18,627,000,000 | 17,010,000,000 |
| Securities held to maturity | 32,576,000,000 | 37,112,000,000 | 36,586,000,000 | 36,152,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,832,000,000 | 98,685,000,000 | 97,162,000,000 | 97,383,000,000 |
| Interest-bearing deposits | 102,451,000,000 | 98,264,000,000 | 96,736,000,000 | 97,004,000,000 |
| Noninterest-bearing deposits | 381,000,000 | 421,000,000 | 426,000,000 | 379,000,000 |
| Equity capital | 2,908,000,000 | 2,944,000,000 | 3,101,000,000 | 3,682,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,194,000,000 | 2,446,000,000 | 3,737,000,000 | 5,061,000,000 |
| Interest expense | 141,000,000 | 351,000,000 | 586,000,000 | 849,000,000 |
| Net interest income | 1,053,000,000 | 2,095,000,000 | 3,151,000,000 | 4,212,000,000 |
| Noninterest income | 423,000,000 | 893,000,000 | 1,356,000,000 | 1,805,000,000 |
| Noninterest expense | 1,388,000,000 | 2,767,000,000 | 4,039,000,000 | 5,548,000,000 |
| Provision for loan losses | 102,000,000 | 203,000,000 | 465,000,000 | 727,000,000 |
| Pretax income | -28,000,000 | 6,000,000 | -4,000,000 | -398,000,000 |
| Income tax | -1,000,000 | 6,000,000 | 4,000,000 | -85,000,000 |
| Net income | -27,000,000 | 0 | -8,000,000 | -313,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,324,000,000 | 9,464,000,000 | 9,861,000,000 | 9,551,000,000 |
| Total capital | 10,008,000,000 | 10,164,000,000 | 10,572,000,000 | 10,272,000,000 |
| Risk-weighted assets | 54,411,000,000 | 55,752,000,000 | 56,558,000,000 | 57,379,000,000 |