Call reports 2010
SOFI BANK, NATIONAL ASSOCIATION — 2010
What SOFI BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 98,399,000 | 107,971,000 | 113,508,000 | 122,801,000 |
| Total loans | 61,885,000 | 58,614,000 | 66,639,000 | 67,329,000 |
| Allowance for loan losses | 1,544,000 | 10,000 | 202,000 | 766,000 |
| Securities available for sale | 299,000 | 270,000 | 238,000 | 4,159,000 |
| Securities held to maturity | 2,326,000 | 2,330,000 | 2,269,000 | 2,074,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,210,000 | 91,423,000 | 98,373,000 | 108,826,000 |
| Interest-bearing deposits | 61,114,000 | 59,512,000 | 66,011,000 | 70,161,000 |
| Noninterest-bearing deposits | 29,096,000 | 31,911,000 | 32,362,000 | 38,665,000 |
| Equity capital | 7,751,000 | 15,057,000 | 14,246,000 | 12,964,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,383,000 | 891,000 | 2,358,000 | 3,916,000 |
| Interest expense | 139,000 | 52,000 | 125,000 | 194,000 |
| Net interest income | 1,244,000 | 839,000 | 2,233,000 | 3,722,000 |
| Noninterest income | 242,000 | 182,000 | 512,000 | 1,033,000 |
| Noninterest expense | 1,395,000 | 1,235,000 | 3,565,000 | 6,215,000 |
| Provision for loan losses | 0 | 10,000 | 202,000 | 766,000 |
| Pretax income | 91,000 | -224,000 | -1,022,000 | -2,226,000 |
| Income tax | 0 | -1,000 | 10,000 | 0 |
| Net income | 91,000 | -223,000 | -1,032,000 | -2,226,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,739,000 | 14,242,000 | 13,463,000 | 12,300,000 |
| Total capital | 8,569,000 | 14,260,000 | 13,674,000 | 13,074,000 |
| Risk-weighted assets | 65,705,000 | 64,290,000 | 70,225,000 | 71,615,000 |