Call reports 2003
SOFI BANK, NATIONAL ASSOCIATION — 2003
What SOFI BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 97,971,000 | 106,468,000 | 119,957,000 | 127,560,000 |
| Total loans | 76,243,000 | 87,037,000 | 99,036,000 | 86,322,000 |
| Allowance for loan losses | 815,000 | 910,000 | 1,115,000 | 1,085,000 |
| Securities available for sale | 392,000 | 804,000 | 398,000 | 400,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,022,000 | 97,440,000 | 103,967,000 | 118,741,000 |
| Interest-bearing deposits | 60,409,000 | 63,998,000 | 69,295,000 | 73,688,000 |
| Noninterest-bearing deposits | 30,613,000 | 33,442,000 | 34,672,000 | 45,053,000 |
| Equity capital | 6,458,000 | 6,747,000 | 7,520,000 | 8,485,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,714,000 | 3,621,000 | 5,678,000 | 7,864,000 |
| Interest expense | 249,000 | 486,000 | 738,000 | 981,000 |
| Net interest income | 1,465,000 | 3,135,000 | 4,940,000 | 6,883,000 |
| Noninterest income | 494,000 | 951,000 | 1,450,000 | 1,967,000 |
| Noninterest expense | 1,442,000 | 2,956,000 | 4,593,000 | 6,222,000 |
| Provision for loan losses | 111,000 | 241,000 | 433,000 | 560,000 |
| Pretax income | 406,000 | 889,000 | 1,380,000 | 2,084,000 |
| Income tax | 154,000 | 330,000 | 508,000 | 768,000 |
| Net income | 252,000 | 559,000 | 872,000 | 1,316,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,447,000 | 6,729,000 | 7,522,000 | 8,485,000 |
| Total capital | 7,251,000 | 7,637,000 | 8,533,000 | 9,467,000 |
| Risk-weighted assets | 64,308,000 | 72,695,000 | 81,025,000 | 78,475,000 |