Call reports 2007
SOFI BANK, NATIONAL ASSOCIATION — 2007
What SOFI BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 104,998,000 | 102,313,000 | 102,542,000 | 101,651,000 |
| Total loans | 73,662,000 | 72,571,000 | 76,971,000 | 74,819,000 |
| Allowance for loan losses | 1,127,000 | 1,184,000 | 1,449,000 | 1,428,000 |
| Securities available for sale | 387,000 | 2,808,000 | 2,625,000 | 2,488,000 |
| Securities held to maturity | 1,383,000 | 1,387,000 | 2,555,000 | 2,558,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,670,000 | 90,930,000 | 90,969,000 | 89,867,000 |
| Interest-bearing deposits | 63,588,000 | 64,259,000 | 63,849,000 | 60,131,000 |
| Noninterest-bearing deposits | 30,082,000 | 26,671,000 | 27,120,000 | 29,736,000 |
| Equity capital | 10,926,000 | 10,908,000 | 11,046,000 | 11,248,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,974,000 | 3,774,000 | 5,641,000 | 7,414,000 |
| Interest expense | 371,000 | 792,000 | 1,227,000 | 1,664,000 |
| Net interest income | 1,603,000 | 2,982,000 | 4,414,000 | 5,750,000 |
| Noninterest income | 248,000 | 506,000 | 791,000 | 1,115,000 |
| Noninterest expense | 1,571,000 | 3,240,000 | 4,781,000 | 6,259,000 |
| Provision for loan losses | 100,000 | 100,000 | 100,000 | 100,000 |
| Pretax income | 180,000 | 148,000 | 324,000 | 506,000 |
| Income tax | 82,000 | 79,000 | 159,000 | 172,000 |
| Net income | 98,000 | 69,000 | 165,000 | 334,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,935,000 | 10,928,000 | 11,046,000 | 11,235,000 |
| Total capital | 11,882,000 | 11,838,000 | 12,007,000 | 12,172,000 |
| Risk-weighted assets | 75,619,000 | 72,532,000 | 76,397,000 | 74,453,000 |