Call reports 2007
SALLIE MAE BANK — 2007
What SALLIE MAE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 691,850,000 | 807,283,000 | 873,355,000 | 942,538,000 |
| Total loans | 623,275,000 | 702,607,000 | 777,811,000 | 808,446,000 |
| Allowance for loan losses | 25,000 | 25,000 | 72,000 | 132,000 |
| Securities available for sale | 50,992,000 | 77,489,000 | 65,850,000 | 96,600,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 517,688,000 | 611,882,000 | 641,904,000 | 685,360,000 |
| Interest-bearing deposits | 442,221,000 | 515,110,000 | 484,911,000 | 554,336,000 |
| Noninterest-bearing deposits | 75,467,000 | 96,772,000 | 156,993,000 | 131,024,000 |
| Equity capital | 144,751,000 | 157,281,000 | 180,627,000 | 198,281,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 14,291,000 | 30,983,000 | 49,836,000 | 67,832,000 |
| Interest expense | 4,355,000 | 10,542,000 | 16,027,000 | 20,857,000 |
| Net interest income | 9,936,000 | 20,441,000 | 33,809,000 | 46,975,000 |
| Noninterest income | 17,855,000 | 28,557,000 | 53,161,000 | 69,317,000 |
| Noninterest expense | 1,766,000 | 3,738,000 | 5,698,000 | 7,771,000 |
| Provision for loan losses | 3,000 | 3,000 | 50,000 | 118,000 |
| Pretax income | 26,022,000 | 45,257,000 | 81,222,000 | 108,403,000 |
| Income tax | 9,108,000 | 15,813,000 | 28,433,000 | 37,959,000 |
| Net income | 16,914,000 | 29,444,000 | 52,789,000 | 70,444,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 144,751,000 | 157,281,000 | 180,627,000 | 198,281,000 |
| Total capital | 144,776,000 | 157,306,000 | 180,699,000 | 198,413,000 |
| Risk-weighted assets | 553,857,000 | 652,311,000 | 780,312,000 | 812,252,000 |