Call reports 2012
SALLIE MAE BANK — 2012
What SALLIE MAE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 7,593,416,000 | 6,487,121,000 | 7,712,130,000 | 9,115,436,000 |
| Total loans | 6,114,859,000 | 5,314,919,000 | 6,253,085,000 | 6,636,278,000 |
| Allowance for loan losses | 65,693,000 | 58,545,000 | 55,542,000 | 69,189,000 |
| Securities available for sale | 560,270,000 | 570,560,000 | 572,471,000 | 594,748,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,221,004,000 | 5,158,803,000 | 6,319,044,000 | 7,800,032,000 |
| Interest-bearing deposits | 6,092,500,000 | 5,050,750,000 | 6,124,336,000 | 7,671,124,000 |
| Noninterest-bearing deposits | 128,504,000 | 108,053,000 | 194,708,000 | 128,908,000 |
| Equity capital | 1,092,423,000 | 987,688,000 | 995,801,000 | 1,011,811,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 134,638,000 | 258,808,000 | 368,192,000 | 489,822,000 |
| Interest expense | 23,513,000 | 42,320,000 | 60,165,000 | 82,267,000 |
| Net interest income | 111,125,000 | 216,488,000 | 308,027,000 | 407,555,000 |
| Noninterest income | 1,799,000 | 120,943,000 | 158,961,000 | 238,266,000 |
| Noninterest expense | 10,877,000 | 19,879,000 | 29,281,000 | 39,632,000 |
| Provision for loan losses | 13,541,000 | 44,404,000 | 39,080,000 | 66,116,000 |
| Pretax income | 88,506,000 | 273,148,000 | 398,756,000 | 540,202,000 |
| Income tax | 33,632,000 | 103,801,000 | 151,482,000 | 205,439,000 |
| Net income | 54,874,000 | 169,347,000 | 247,274,000 | 334,763,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,087,603,000 | 974,589,000 | 984,981,000 | 997,463,000 |
| Total capital | 1,153,296,000 | 1,033,134,000 | 1,040,523,000 | 1,066,652,000 |
| Risk-weighted assets | 6,506,380,000 | 5,623,575,000 | 6,643,473,000 | 6,635,335,000 |