Call reports 2024
USAA FEDERAL SAVINGS BANK — 2024
What USAA FEDERAL SAVINGS BANK 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 | 114,029,000,000 | 111,712,000,000 | 110,323,000,000 | 109,221,000,000 |
| Total loans | 44,034,000,000 | 44,304,000,000 | 44,642,000,000 | 45,141,000,000 |
| Allowance for loan losses | 1,592,000,000 | 1,553,000,000 | 1,661,000,000 | 1,727,000,000 |
| Securities available for sale | 16,486,000,000 | 17,258,000,000 | 18,753,000,000 | 18,294,000,000 |
| Securities held to maturity | 35,782,000,000 | 35,281,000,000 | 34,801,000,000 | 34,350,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,647,000,000 | 98,094,000,000 | 95,409,000,000 | 95,963,000,000 |
| Interest-bearing deposits | 100,274,000,000 | 97,715,000,000 | 95,041,000,000 | 95,560,000,000 |
| Noninterest-bearing deposits | 373,000,000 | 379,000,000 | 368,000,000 | 403,000,000 |
| Equity capital | 3,622,000,000 | 3,717,000,000 | 4,369,000,000 | 3,918,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,349,000,000 | 2,758,000,000 | 4,168,000,000 | 5,578,000,000 |
| Interest expense | 265,000,000 | 560,000,000 | 867,000,000 | 1,133,000,000 |
| Net interest income | 1,084,000,000 | 2,198,000,000 | 3,301,000,000 | 4,445,000,000 |
| Noninterest income | 445,000,000 | 941,000,000 | 1,431,000,000 | 1,930,000,000 |
| Noninterest expense | 1,331,000,000 | 2,638,000,000 | 3,903,000,000 | 5,462,000,000 |
| Provision for loan losses | 255,000,000 | 422,000,000 | 738,000,000 | 1,037,000,000 |
| Pretax income | -56,000,000 | 80,000,000 | 92,000,000 | -122,000,000 |
| Income tax | -11,000,000 | 23,000,000 | 27,000,000 | -12,000,000 |
| Net income | -45,000,000 | 57,000,000 | 65,000,000 | -110,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,395,000,000 | 9,460,000,000 | 9,470,000,000 | 9,268,000,000 |
| Total capital | 10,119,000,000 | 10,185,000,000 | 10,196,000,000 | 9,987,000,000 |
| Risk-weighted assets | 57,386,000,000 | 57,533,000,000 | 57,487,000,000 | 56,853,000,000 |