Call reports 2017
SOFI BANK, NATIONAL ASSOCIATION — 2017
What SOFI BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 126,863,000 | 125,024,000 | 126,281,000 | 124,591,000 |
| Total loans | 90,300,000 | 88,531,000 | 90,426,000 | 97,275,000 |
| Allowance for loan losses | 1,194,000 | 1,171,000 | 1,386,000 | 1,379,000 |
| Securities available for sale | 3,488,000 | 3,311,000 | 3,099,000 | 2,894,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,722,000 | 113,381,000 | 113,603,000 | 111,790,000 |
| Interest-bearing deposits | 66,453,000 | 66,688,000 | 64,896,000 | 63,832,000 |
| Noninterest-bearing deposits | 48,269,000 | 46,693,000 | 48,707,000 | 47,958,000 |
| Equity capital | 11,860,000 | 11,030,000 | 11,777,000 | 12,097,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,250,000 | 2,525,000 | 3,987,000 | 5,424,000 |
| Interest expense | 43,000 | 93,000 | 149,000 | 207,000 |
| Net interest income | 1,207,000 | 2,432,000 | 3,838,000 | 5,217,000 |
| Noninterest income | 611,000 | 2,014,000 | 3,561,000 | 4,016,000 |
| Noninterest expense | 1,800,000 | 4,389,000 | 6,279,000 | 7,718,000 |
| Provision for loan losses | 0 | 0 | 350,000 | 350,000 |
| Pretax income | 18,000 | 57,000 | 770,000 | 1,165,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 18,000 | 57,000 | 770,000 | 1,165,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,849,000 | 10,255,000 | 11,261,000 | 11,633,000 |
| Total capital | 11,857,000 | 11,227,000 | 12,287,000 | 12,692,000 |
| Risk-weighted assets | 80,447,000 | 77,573,000 | 81,692,000 | 84,399,000 |