Call reports 2011
SOFI BANK, NATIONAL ASSOCIATION — 2011
What SOFI BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 124,060,000 | 124,200,000 | 128,163,000 | 130,865,000 |
| Total loans | 75,247,000 | 80,262,000 | 90,043,000 | 94,419,000 |
| Allowance for loan losses | 1,003,000 | 1,101,000 | 1,021,000 | 980,000 |
| Securities available for sale | 8,032,000 | 9,434,000 | 3,505,000 | 3,281,000 |
| Securities held to maturity | 2,078,000 | 2,083,000 | 1,837,000 | 1,841,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,941,000 | 111,547,000 | 115,973,000 | 118,344,000 |
| Interest-bearing deposits | 70,886,000 | 69,096,000 | 68,601,000 | 70,243,000 |
| Noninterest-bearing deposits | 40,055,000 | 42,451,000 | 47,372,000 | 48,101,000 |
| Equity capital | 12,018,000 | 11,579,000 | 11,041,000 | 11,457,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,464,000 | 3,039,000 | 4,726,000 | 6,788,000 |
| Interest expense | 71,000 | 141,000 | 243,000 | 339,000 |
| Net interest income | 1,393,000 | 2,898,000 | 4,483,000 | 6,449,000 |
| Noninterest income | 263,000 | 811,000 | 1,511,000 | 2,376,000 |
| Noninterest expense | 2,381,000 | 4,915,000 | 7,634,000 | 10,131,000 |
| Provision for loan losses | 237,000 | 380,000 | 495,000 | 815,000 |
| Pretax income | -962,000 | -1,586,000 | -2,072,000 | -2,057,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | -964,000 | -1,588,000 | -2,074,000 | -2,059,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,364,000 | 10,769,000 | 10,311,000 | 10,775,000 |
| Total capital | 12,265,000 | 11,708,000 | 11,307,000 | 11,768,000 |
| Risk-weighted assets | 71,760,000 | 76,828,000 | 79,636,000 | 89,669,000 |