Call reports 2021
SOFI BANK, NATIONAL ASSOCIATION — 2021
What SOFI BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 161,826,000 | 166,049,000 | 169,887,000 | 174,662,000 |
| Total loans | 107,587,000 | 104,188,000 | 91,410,000 | 87,278,000 |
| Allowance for loan losses | 1,424,000 | 1,423,000 | 1,482,000 | 1,295,000 |
| Securities available for sale | 11,451,000 | 11,167,000 | 10,755,000 | 10,218,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 143,490,000 | 147,624,000 | 150,955,000 | 155,629,000 |
| Interest-bearing deposits | 75,988,000 | 75,259,000 | 78,036,000 | 82,462,000 |
| Noninterest-bearing deposits | 67,502,000 | 72,365,000 | 72,919,000 | 73,167,000 |
| Equity capital | 17,609,000 | 17,806,000 | 18,170,000 | 18,226,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,441,000 | 2,851,000 | 4,349,000 | 5,618,000 |
| Interest expense | 51,000 | 90,000 | 116,000 | 134,000 |
| Net interest income | 1,390,000 | 2,761,000 | 4,233,000 | 5,484,000 |
| Noninterest income | 394,000 | 610,000 | 1,039,000 | 1,240,000 |
| Noninterest expense | 1,338,000 | 2,759,000 | 4,178,000 | 5,583,000 |
| Provision for loan losses | 0 | 0 | 0 | -179,000 |
| Pretax income | 443,000 | 609,000 | 1,091,000 | 1,317,000 |
| Income tax | 127,000 | 174,000 | 312,000 | 376,000 |
| Net income | 316,000 | 435,000 | 779,000 | 941,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,096,000 | 15,231,000 | 15,585,000 | 15,759,000 |