Call reports 2016
SOFI BANK, NATIONAL ASSOCIATION — 2016
What SOFI BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 127,914,000 | 131,258,000 | 128,747,000 | 129,842,000 |
| Total loans | 99,997,000 | 102,060,000 | 96,043,000 | 93,367,000 |
| Allowance for loan losses | 1,062,000 | 1,056,000 | 1,231,000 | 1,222,000 |
| Securities available for sale | 5,074,000 | 4,869,000 | 4,564,000 | 3,696,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,761,000 | 118,831,000 | 116,275,000 | 117,554,000 |
| Interest-bearing deposits | 68,348,000 | 69,162,000 | 66,518,000 | 66,029,000 |
| Noninterest-bearing deposits | 47,413,000 | 49,669,000 | 49,757,000 | 51,525,000 |
| Equity capital | 11,685,000 | 11,839,000 | 11,924,000 | 11,837,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,400,000 | 2,783,000 | 4,149,000 | 5,429,000 |
| Interest expense | 43,000 | 89,000 | 135,000 | 183,000 |
| Net interest income | 1,357,000 | 2,694,000 | 4,014,000 | 5,246,000 |
| Noninterest income | 1,219,000 | 1,949,000 | 2,736,000 | 2,869,000 |
| Noninterest expense | 2,011,000 | 3,951,000 | 5,792,000 | 7,137,000 |
| Provision for loan losses | 138,000 | 165,000 | 352,000 | 363,000 |
| Pretax income | 427,000 | 527,000 | 606,000 | 615,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 427,000 | 527,000 | 606,000 | 615,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,849,000 | 10,990,000 | 11,068,000 | 11,075,000 |
| Total capital | 11,935,000 | 12,070,000 | 12,125,000 | 12,116,000 |
| Risk-weighted assets | 88,598,000 | 88,798,000 | 84,397,000 | 83,038,000 |