Call reports 2018
SOFI BANK, NATIONAL ASSOCIATION — 2018
What SOFI BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 126,859,000 | 132,018,000 | 126,688,000 | 128,512,000 |
| Total loans | 97,208,000 | 100,218,000 | 99,630,000 | 101,226,000 |
| Allowance for loan losses | 1,253,000 | 1,070,000 | 999,000 | 1,183,000 |
| Securities available for sale | 2,658,000 | 2,477,000 | 2,299,000 | 2,204,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,278,000 | 119,466,000 | 113,948,000 | 112,252,000 |
| Interest-bearing deposits | 64,376,000 | 68,235,000 | 61,631,000 | 63,473,000 |
| Noninterest-bearing deposits | 49,902,000 | 51,231,000 | 52,317,000 | 48,779,000 |
| Equity capital | 12,274,000 | 12,350,000 | 12,603,000 | 15,845,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,427,000 | 2,883,000 | 4,423,000 | 6,042,000 |
| Interest expense | 63,000 | 136,000 | 220,000 | 286,000 |
| Net interest income | 1,364,000 | 2,747,000 | 4,203,000 | 5,756,000 |
| Noninterest income | 512,000 | 860,000 | 1,486,000 | 1,634,000 |
| Noninterest expense | 1,641,000 | 3,286,000 | 5,101,000 | 6,533,000 |
| Provision for loan losses | 0 | 0 | 0 | 200,000 |
| Pretax income | 235,000 | 321,000 | 588,000 | 657,000 |
| Income tax | 0 | 0 | 0 | -3,095,000 |
| Net income | 235,000 | 321,000 | 588,000 | 3,752,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,787,000 | 11,904,000 | 12,192,000 | 12,918,000 |
| Total capital | 12,840,000 | 12,996,000 | 13,215,000 | 14,036,000 |
| Risk-weighted assets | 83,993,000 | 87,345,000 | 86,585,000 | 89,318,000 |