Call reports 2019
SOFI BANK, NATIONAL ASSOCIATION — 2019
What SOFI BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 128,614,000 | 127,345,000 | 131,926,000 | 134,490,000 |
| Total loans | 100,128,000 | 102,696,000 | 101,000,000 | 104,872,000 |
| Allowance for loan losses | 1,171,000 | 1,140,000 | 1,349,000 | 1,326,000 |
| Securities available for sale | 2,113,000 | 2,008,000 | 1,874,000 | 1,730,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,436,000 | 110,941,000 | 115,295,000 | 117,824,000 |
| Interest-bearing deposits | 64,434,000 | 64,212,000 | 63,224,000 | 66,230,000 |
| Noninterest-bearing deposits | 48,002,000 | 46,729,000 | 52,071,000 | 51,594,000 |
| Equity capital | 15,929,000 | 16,008,000 | 16,140,000 | 16,237,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,526,000 | 3,031,000 | 4,577,000 | 6,116,000 |
| Interest expense | 70,000 | 137,000 | 211,000 | 296,000 |
| Net interest income | 1,456,000 | 2,894,000 | 4,366,000 | 5,820,000 |
| Noninterest income | 266,000 | 761,000 | 1,056,000 | 1,364,000 |
| Noninterest expense | 1,620,000 | 3,205,000 | 4,771,000 | 6,400,000 |
| Provision for loan losses | 0 | 300,000 | 325,000 | 325,000 |
| Pretax income | 102,000 | 150,000 | 326,000 | 459,000 |
| Income tax | 32,000 | 41,000 | 90,000 | 126,000 |
| Net income | 70,000 | 109,000 | 236,000 | 333,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,043,000 | 13,110,000 | 13,265,000 | 13,386,000 |
| Total capital | 14,239,000 | 14,274,000 | 14,638,000 | 14,510,000 |
| Risk-weighted assets | 89,009,000 | 88,563,000 | 89,167,000 | 89,670,000 |