Call reports 2004
SOFI BANK, NATIONAL ASSOCIATION — 2004
What SOFI BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 126,180,000 | 144,255,000 | 135,882,000 | 133,543,000 |
| Total loans | 91,304,000 | 99,147,000 | 108,709,000 | 109,282,000 |
| Allowance for loan losses | 1,201,000 | 1,350,000 | 1,299,000 | 1,624,000 |
| Securities available for sale | 502,000 | 480,000 | 494,000 | 492,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,961,000 | 134,034,000 | 125,227,000 | 122,619,000 |
| Interest-bearing deposits | 73,336,000 | 74,089,000 | 73,405,000 | 72,931,000 |
| Noninterest-bearing deposits | 44,625,000 | 59,945,000 | 51,822,000 | 49,688,000 |
| Equity capital | 7,906,000 | 9,823,000 | 10,208,000 | 10,476,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,845,000 | 3,951,000 | 6,172,000 | 8,442,000 |
| Interest expense | 231,000 | 453,000 | 666,000 | 862,000 |
| Net interest income | 1,614,000 | 3,498,000 | 5,506,000 | 7,580,000 |
| Noninterest income | 389,000 | 1,035,000 | 1,432,000 | 1,750,000 |
| Noninterest expense | 1,610,000 | 3,241,000 | 4,813,000 | 6,498,000 |
| Provision for loan losses | 510,000 | 655,000 | 860,000 | 1,210,000 |
| Pretax income | -117,000 | 637,000 | 1,265,000 | 1,622,000 |
| Income tax | -52,000 | 255,000 | 493,000 | 584,000 |
| Net income | -65,000 | 382,000 | 772,000 | 1,038,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,905,000 | 9,836,000 | 10,212,000 | 10,482,000 |
| Total capital | 8,930,000 | 10,981,000 | 11,356,000 | 11,687,000 |
| Risk-weighted assets | 81,787,000 | 91,576,000 | 91,620,000 | 95,972,000 |