Call reports 2011
SALLIE MAE BANK — 2011
What SALLIE MAE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 7,376,257,000 | 6,524,497,000 | 7,177,770,000 | 7,613,991,000 |
| Total loans | 5,352,112,000 | 4,324,144,000 | 5,229,490,000 | 5,369,750,000 |
| Allowance for loan losses | 83,144,000 | 70,534,000 | 62,282,000 | 69,493,000 |
| Securities available for sale | 624,273,000 | 619,266,000 | 594,099,000 | 556,389,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,133,527,000 | 5,180,852,000 | 5,745,413,000 | 6,325,539,000 |
| Interest-bearing deposits | 6,006,033,000 | 5,076,578,000 | 5,558,117,000 | 6,187,329,000 |
| Noninterest-bearing deposits | 127,494,000 | 104,274,000 | 187,295,000 | 138,209,000 |
| Equity capital | 1,009,676,000 | 1,095,874,000 | 1,137,046,000 | 1,069,820,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 120,572,000 | 237,589,000 | 348,327,000 | 473,936,000 |
| Interest expense | 30,509,000 | 57,352,000 | 80,756,000 | 105,030,000 |
| Net interest income | 90,063,000 | 180,237,000 | 267,571,000 | 368,906,000 |
| Noninterest income | 2,669,000 | 21,552,000 | 26,205,000 | 34,471,000 |
| Noninterest expense | 10,988,000 | 19,436,000 | 28,294,000 | 37,183,000 |
| Provision for loan losses | 44,461,000 | 60,338,000 | 63,611,000 | 85,340,000 |
| Pretax income | 37,283,000 | 122,015,000 | 201,871,000 | 280,854,000 |
| Income tax | 14,435,000 | 46,418,000 | 76,617,000 | 106,446,000 |
| Net income | 22,848,000 | 75,597,000 | 125,254,000 | 174,408,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 966,906,000 | 1,057,455,000 | 1,114,522,000 | 1,069,198,000 |
| Total capital | 1,038,054,000 | 1,114,847,000 | 1,176,804,000 | 1,138,691,000 |
| Risk-weighted assets | 5,679,841,000 | 4,578,191,000 | 5,495,287,000 | 5,844,729,000 |