Call reports 2002
SOFI BANK, NATIONAL ASSOCIATION — 2002
What SOFI BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 81,264,000 | 89,541,000 | 92,814,000 | 96,626,000 |
| Total loans | 65,400,000 | 74,566,000 | 74,112,000 | 76,053,000 |
| Allowance for loan losses | 619,000 | 620,000 | 657,000 | 723,000 |
| Securities available for sale | 1,017,000 | 1,040,000 | 791,000 | 592,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,277,000 | 83,588,000 | 86,527,000 | 90,013,000 |
| Interest-bearing deposits | 59,571,000 | 59,295,000 | 59,824,000 | 60,136,000 |
| Noninterest-bearing deposits | 15,706,000 | 24,293,000 | 26,703,000 | 29,877,000 |
| Equity capital | 5,591,000 | 5,667,000 | 5,976,000 | 6,207,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,571,000 | 3,219,000 | 5,073,000 | 6,848,000 |
| Interest expense | 385,000 | 722,000 | 1,025,000 | 1,308,000 |
| Net interest income | 1,186,000 | 2,497,000 | 4,048,000 | 5,540,000 |
| Noninterest income | 293,000 | 626,000 | 1,077,000 | 1,485,000 |
| Noninterest expense | 1,237,000 | 2,732,000 | 4,192,000 | 5,701,000 |
| Provision for loan losses | 36,000 | 96,000 | 168,000 | 239,000 |
| Pretax income | 206,000 | 295,000 | 765,000 | 1,085,000 |
| Income tax | 70,000 | 99,000 | 265,000 | 350,000 |
| Net income | 136,000 | 196,000 | 500,000 | 735,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,596,000 | 5,656,000 | 5,960,000 | 6,189,000 |
| Total capital | 6,215,000 | 6,276,000 | 6,617,000 | 6,912,000 |
| Risk-weighted assets | 55,023,000 | 59,952,000 | 64,076,000 | 65,703,000 |