Call reports 2010
SALLIE MAE BANK — 2010
What SALLIE MAE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 7,529,963,000 | 7,372,581,000 | 8,169,756,000 | 7,581,687,000 |
| Total loans | 3,770,810,000 | 3,848,494,000 | 4,476,757,000 | 4,703,020,000 |
| Allowance for loan losses | 36,693,000 | 43,381,000 | 46,443,000 | 49,939,000 |
| Securities available for sale | 634,689,000 | 642,721,000 | 634,604,000 | 624,293,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,104,189,000 | 5,896,438,000 | 6,575,481,000 | 6,425,681,000 |
| Interest-bearing deposits | 5,973,300,000 | 5,808,070,000 | 6,382,185,000 | 6,303,820,000 |
| Noninterest-bearing deposits | 130,889,000 | 88,368,000 | 193,296,000 | 121,861,000 |
| Equity capital | 1,280,182,000 | 1,308,888,000 | 1,342,504,000 | 981,373,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 103,141,000 | 194,631,000 | 294,503,000 | 406,031,000 |
| Interest expense | 40,966,000 | 75,407,000 | 109,966,000 | 143,651,000 |
| Net interest income | 62,175,000 | 119,224,000 | 184,537,000 | 262,380,000 |
| Noninterest income | 20,158,000 | 27,681,000 | 33,154,000 | 34,918,000 |
| Noninterest expense | 8,198,000 | 16,210,000 | 24,863,000 | 34,443,000 |
| Provision for loan losses | 18,986,000 | 31,907,000 | 44,548,000 | 57,853,000 |
| Pretax income | 55,360,000 | 98,999,000 | 148,795,000 | 205,517,000 |
| Income tax | 19,816,000 | 35,432,000 | 53,688,000 | 75,348,000 |
| Net income | 35,544,000 | 63,567,000 | 95,107,000 | 130,169,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,232,722,000 | 1,256,979,000 | 1,295,103,000 | 937,350,000 |
| Total capital | 1,269,415,000 | 1,300,360,000 | 1,341,545,000 | 987,289,000 |
| Risk-weighted assets | 4,021,292,000 | 4,137,872,000 | 4,836,286,000 | 5,010,939,000 |