Call reports 2015
SOFI BANK, NATIONAL ASSOCIATION — 2015
What SOFI BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 124,458,000 | 124,625,000 | 126,396,000 | 131,897,000 |
| Total loans | 88,467,000 | 92,077,000 | 102,588,000 | 107,880,000 |
| Allowance for loan losses | 1,097,000 | 1,065,000 | 1,064,000 | 1,088,000 |
| Securities available for sale | 6,189,000 | 5,791,000 | 5,566,000 | 5,264,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,492,000 | 113,172,000 | 108,851,000 | 107,591,000 |
| Interest-bearing deposits | 61,897,000 | 63,355,000 | 61,119,000 | 61,751,000 |
| Noninterest-bearing deposits | 50,595,000 | 49,817,000 | 47,732,000 | 45,840,000 |
| Equity capital | 11,384,000 | 10,888,000 | 11,065,000 | 11,209,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,274,000 | 2,551,000 | 3,873,000 | 5,318,000 |
| Interest expense | 31,000 | 68,000 | 104,000 | 147,000 |
| Net interest income | 1,243,000 | 2,483,000 | 3,769,000 | 5,171,000 |
| Noninterest income | 908,000 | 1,618,000 | 2,523,000 | 3,106,000 |
| Noninterest expense | 2,134,000 | 4,418,000 | 6,508,000 | 8,190,000 |
| Provision for loan losses | 12,000 | 88,000 | 88,000 | 201,000 |
| Pretax income | 5,000 | -405,000 | -304,000 | -114,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 5,000 | -405,000 | -304,000 | -114,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,942,000 | 10,555,000 | 10,640,000 | 10,809,000 |
| Total capital | 11,998,000 | 11,643,000 | 11,727,000 | 11,920,000 |
| Risk-weighted assets | 84,436,000 | 87,687,000 | 89,742,000 | 93,264,000 |