Call reports 2006
SOFI BANK, NATIONAL ASSOCIATION — 2006
What SOFI BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 114,924,000 | 107,017,000 | 110,757,000 | 110,658,000 |
| Total loans | 85,678,000 | 85,546,000 | 89,325,000 | 84,677,000 |
| Allowance for loan losses | 1,780,000 | 1,488,000 | 1,413,000 | 880,000 |
| Securities available for sale | 1,730,000 | 745,000 | 385,000 | 386,000 |
| Securities held to maturity | 0 | 981,000 | 981,000 | 981,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,271,000 | 95,295,000 | 98,914,000 | 98,878,000 |
| Interest-bearing deposits | 71,621,000 | 65,507,000 | 66,357,000 | 62,856,000 |
| Noninterest-bearing deposits | 31,650,000 | 29,788,000 | 32,557,000 | 36,022,000 |
| Equity capital | 10,688,000 | 10,668,000 | 10,851,000 | 10,802,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 2,090,000 | 4,014,000 | 6,074,000 | 8,095,000 |
| Interest expense | 299,000 | 596,000 | 952,000 | 1,338,000 |
| Net interest income | 1,791,000 | 3,418,000 | 5,122,000 | 6,757,000 |
| Noninterest income | 252,000 | 516,000 | 805,000 | 1,085,000 |
| Noninterest expense | 1,650,000 | 3,269,000 | 4,851,000 | 6,332,000 |
| Provision for loan losses | 58,000 | 73,000 | 65,000 | 290,000 |
| Pretax income | 335,000 | 592,000 | 1,011,000 | 1,220,000 |
| Income tax | 150,000 | 255,000 | 423,000 | 506,000 |
| Net income | 185,000 | 337,000 | 588,000 | 714,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,701,000 | 10,684,000 | 10,861,000 | 10,811,000 |
| Total capital | 11,694,000 | 11,659,000 | 11,878,000 | 11,691,000 |
| Risk-weighted assets | 78,650,000 | 77,473,000 | 80,998,000 | 80,737,000 |