Call reports 2013
SALLIE MAE BANK — 2013
What SALLIE MAE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 9,420,545,000 | 9,122,534,000 | 9,721,448,000 | 10,783,900,000 |
| Total loans | 7,072,260,000 | 6,640,045,000 | 7,575,263,000 | 8,143,331,000 |
| Allowance for loan losses | 69,580,000 | 55,484,000 | 59,585,000 | 68,081,000 |
| Securities available for sale | 654,957,000 | 641,828,000 | 661,295,000 | 102,105,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,042,464,000 | 7,633,904,000 | 8,077,352,000 | 9,294,715,000 |
| Interest-bearing deposits | 7,929,600,000 | 7,531,612,000 | 7,914,419,000 | 9,239,679,000 |
| Noninterest-bearing deposits | 112,864,000 | 102,291,000 | 162,934,000 | 55,036,000 |
| Equity capital | 1,018,281,000 | 1,105,985,000 | 1,182,034,000 | 1,218,392,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 134,549,000 | 260,519,000 | 393,714,000 | 534,385,000 |
| Interest expense | 22,700,000 | 44,235,000 | 65,159,000 | 88,394,000 |
| Net interest income | 111,849,000 | 216,284,000 | 328,555,000 | 445,991,000 |
| Noninterest income | 70,385,000 | 132,813,000 | 171,636,000 | 173,171,000 |
| Noninterest expense | 11,064,000 | 21,996,000 | 33,284,000 | 56,354,000 |
| Provision for loan losses | 20,692,000 | 19,677,000 | 40,081,000 | 69,339,000 |
| Pretax income | 150,478,000 | 307,424,000 | 426,826,000 | 557,282,000 |
| Income tax | 57,144,000 | 116,718,000 | 162,317,000 | 213,366,000 |
| Net income | 93,334,000 | 190,706,000 | 264,509,000 | 343,916,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 970,821,000 | 1,068,195,000 | 1,142,000,000 | 1,221,416,000 |
| Total capital | 1,040,401,000 | 1,123,679,000 | 1,201,585,000 | 1,289,497,000 |
| Risk-weighted assets | 7,045,408,000 | 6,567,551,000 | 7,399,943,000 | 7,472,206,000 |