Call reports 2006
SALLIE MAE BANK — 2006
What SALLIE MAE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 102,487,000 | 193,808,000 | 294,315,000 | 438,860,000 |
| Total loans | 75,060,000 | 160,099,000 | 229,935,000 | 397,246,000 |
| Allowance for loan losses | 0 | 0 | 4,000 | 22,000 |
| Securities available for sale | 1,999,000 | 0 | 21,997,000 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,000,000 | 87,393,000 | 168,658,000 | 293,266,000 |
| Interest-bearing deposits | 1,000,000 | 3,002,000 | 18,099,000 | 171,920,000 |
| Noninterest-bearing deposits | 0 | 84,391,000 | 150,558,000 | 121,346,000 |
| Equity capital | 100,706,000 | 102,864,000 | 115,657,000 | 127,837,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,135,000 | 3,071,000 | 7,877,000 | 15,807,000 |
| Interest expense | 11,000 | 32,000 | 222,000 | 1,154,000 |
| Net interest income | 1,124,000 | 3,039,000 | 7,655,000 | 14,653,000 |
| Noninterest income | 131,000 | 2,137,000 | 18,087,000 | 31,063,000 |
| Noninterest expense | 514,000 | 1,099,000 | 1,888,000 | 3,032,000 |
| Provision for loan losses | 0 | 0 | 4,000 | 22,000 |
| Pretax income | 741,000 | 4,077,000 | 23,850,000 | 42,662,000 |
| Income tax | 261,000 | 1,439,000 | 8,419,000 | 15,051,000 |
| Net income | 480,000 | 2,638,000 | 15,431,000 | 27,611,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 100,706,000 | 102,864,000 | 115,657,000 | 127,837,000 |
| Total capital | 100,706,000 | 102,864,000 | 115,661,000 | 127,859,000 |
| Risk-weighted assets | 20,987,000 | 48,622,000 | 231,748,000 | 330,011,000 |