Call reports 2013
SOFI BANK, NATIONAL ASSOCIATION — 2013
What SOFI BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 132,992,000 | 135,883,000 | 133,813,000 | 132,542,000 |
| Total loans | 89,840,000 | 100,455,000 | 101,567,000 | 102,723,000 |
| Allowance for loan losses | 996,000 | 1,003,000 | 1,058,000 | 1,057,000 |
| Securities available for sale | 8,515,000 | 8,220,000 | 7,763,000 | 7,417,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,768,000 | 123,654,000 | 121,818,000 | 120,772,000 |
| Interest-bearing deposits | 67,378,000 | 65,124,000 | 64,003,000 | 64,878,000 |
| Noninterest-bearing deposits | 53,390,000 | 58,530,000 | 57,815,000 | 55,894,000 |
| Equity capital | 11,443,000 | 11,447,000 | 11,374,000 | 10,989,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,491,000 | 3,046,000 | 4,622,000 | 6,152,000 |
| Interest expense | 49,000 | 93,000 | 137,000 | 174,000 |
| Net interest income | 1,442,000 | 2,953,000 | 4,485,000 | 5,978,000 |
| Noninterest income | 909,000 | 2,377,000 | 3,665,000 | 4,565,000 |
| Noninterest expense | 2,676,000 | 5,418,000 | 8,244,000 | 10,992,000 |
| Provision for loan losses | 0 | 11,000 | 66,000 | 66,000 |
| Pretax income | -325,000 | -99,000 | -160,000 | -515,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -325,000 | -99,000 | -160,000 | -515,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,990,000 | 11,245,000 | 11,214,000 | 10,888,000 |
| Total capital | 12,010,000 | 12,272,000 | 12,296,000 | 11,969,000 |
| Risk-weighted assets | 83,693,000 | 90,560,000 | 89,786,000 | 92,177,000 |