Call reports 2025
USAA FEDERAL SAVINGS BANK — 2025
What USAA FEDERAL SAVINGS BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 110,780,000,000 | 106,476,000,000 | 104,903,000,000 | 107,989,000,000 |
| Total loans | 43,742,000,000 | 44,018,000,000 | 44,117,000,000 | 45,047,000,000 |
| Allowance for loan losses | 1,784,000,000 | 1,796,000,000 | 1,824,000,000 | 1,902,000,000 |
| Securities available for sale | 19,170,000,000 | 18,823,000,000 | 15,930,000,000 | 15,797,000,000 |
| Securities held to maturity | 33,960,000,000 | 33,503,000,000 | 34,650,000,000 | 34,186,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,291,000,000 | 92,765,000,000 | 90,797,000,000 | 93,391,000,000 |
| Interest-bearing deposits | 96,905,000,000 | 92,379,000,000 | 90,373,000,000 | 92,993,000,000 |
| Noninterest-bearing deposits | 386,000,000 | 386,000,000 | 424,000,000 | 398,000,000 |
| Equity capital | 4,322,000,000 | 4,697,000,000 | 4,987,000,000 | 5,260,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 1,380,000,000 | 2,779,000,000 | 4,187,000,000 | 5,575,000,000 |
| Interest expense | 212,000,000 | 385,000,000 | 543,000,000 | 685,000,000 |
| Net interest income | 1,168,000,000 | 2,394,000,000 | 3,644,000,000 | 4,890,000,000 |
| Noninterest income | 459,000,000 | 954,000,000 | 1,453,000,000 | 1,948,000,000 |
| Noninterest expense | 1,263,000,000 | 2,494,000,000 | 3,853,000,000 | 5,198,000,000 |
| Provision for loan losses | 300,000,000 | 534,000,000 | 775,000,000 | 1,083,000,000 |
| Pretax income | 64,000,000 | 320,000,000 | 469,000,000 | 529,000,000 |
| Income tax | 24,000,000 | 64,000,000 | 105,000,000 | 97,000,000 |
| Net income | 40,000,000 | 256,000,000 | 364,000,000 | 432,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,190,000,000 | 9,372,000,000 | 9,441,000,000 | 9,510,000,000 |
| Total capital | 9,903,000,000 | 10,087,000,000 | 10,154,000,000 | 10,224,000,000 |
| Risk-weighted assets | 56,166,000,000 | 56,258,000,000 | 56,063,000,000 | 56,118,000,000 |