Call reports 2009
SALLIE MAE BANK — 2009
What SALLIE MAE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 4,851,381,000 | 7,961,204,000 | 7,936,149,000 | 7,617,784,000 |
| Total loans | 3,516,028,000 | 3,822,869,000 | 4,442,131,000 | 4,437,152,000 |
| Allowance for loan losses | 22,698,000 | 32,127,000 | 39,498,000 | 38,710,000 |
| Securities available for sale | 598,904,000 | 663,907,000 | 663,784,000 | 614,393,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,713,465,000 | 6,783,987,000 | 6,654,914,000 | 6,330,771,000 |
| Interest-bearing deposits | 3,597,628,000 | 6,685,823,000 | 6,441,737,000 | 6,169,765,000 |
| Noninterest-bearing deposits | 115,837,000 | 98,164,000 | 213,177,000 | 161,006,000 |
| Equity capital | 1,049,217,000 | 1,073,243,000 | 1,154,194,000 | 1,194,220,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 68,345,000 | 148,368,000 | 238,597,000 | 339,417,000 |
| Interest expense | 26,520,000 | 67,302,000 | 120,003,000 | 167,054,000 |
| Net interest income | 41,825,000 | 81,066,000 | 118,594,000 | 172,363,000 |
| Noninterest income | 290,000 | 1,204,000 | 6,527,000 | 15,144,000 |
| Noninterest expense | 5,080,000 | 14,602,000 | 21,612,000 | 29,992,000 |
| Provision for loan losses | 13,376,000 | 22,767,000 | 29,976,000 | 47,697,000 |
| Pretax income | 23,632,000 | 44,874,000 | 73,506,000 | 109,791,000 |
| Income tax | 8,019,000 | 15,671,000 | 25,881,000 | 39,289,000 |
| Net income | 15,613,000 | 29,203,000 | 47,625,000 | 70,502,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,091,416,000 | 1,105,005,000 | 1,123,428,000 | 1,162,861,000 |
| Total capital | 1,114,114,000 | 1,137,132,000 | 1,162,926,000 | 1,201,571,000 |
| Risk-weighted assets | 3,690,492,000 | 4,224,069,000 | 4,641,319,000 | 4,724,762,000 |