Call reports 2014
SALLIE MAE BANK — 2014
What SALLIE MAE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 10,604,788,000 | 11,124,447,000 | 11,477,776,000 | 12,810,597,000 |
| Total loans | 8,828,847,000 | 8,854,480,000 | 9,161,094,000 | 9,593,766,000 |
| Allowance for loan losses | 77,634,000 | 60,527,000 | 65,715,000 | 83,842,000 |
| Securities available for sale | 127,102,000 | 149,399,000 | 153,893,000 | 168,935,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,094,576,000 | 9,546,014,000 | 9,735,735,000 | 11,256,934,000 |
| Interest-bearing deposits | 9,007,069,000 | 9,503,560,000 | 9,664,204,000 | 11,256,333,000 |
| Noninterest-bearing deposits | 87,507,000 | 42,455,000 | 71,531,000 | 601,000 |
| Equity capital | 1,282,868,000 | 1,291,025,000 | 1,387,271,000 | 1,402,595,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 155,778,000 | 326,221,000 | 492,664,000 | 669,700,000 |
| Interest expense | 22,655,000 | 43,824,000 | 68,149,000 | 96,284,000 |
| Net interest income | 133,123,000 | 282,397,000 | 424,515,000 | 573,416,000 |
| Noninterest income | 25,332,000 | 27,394,000 | 118,545,000 | 120,484,000 |
| Noninterest expense | 16,689,000 | 107,809,000 | 184,313,000 | 249,562,000 |
| Provision for loan losses | 39,159,000 | 40,173,000 | 55,071,000 | 85,529,000 |
| Pretax income | 102,607,000 | 161,809,000 | 303,676,000 | 358,809,000 |
| Income tax | 39,047,000 | 62,567,000 | 115,964,000 | 149,761,000 |
| Net income | 63,560,000 | 99,242,000 | 187,712,000 | 209,048,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,285,020,000 | 1,291,390,000 | 1,389,123,000 | 1,413,987,000 |
| Total capital | 1,362,654,000 | 1,351,917,000 | 1,454,838,000 | 1,497,829,000 |
| Risk-weighted assets | 8,252,644,000 | 8,484,976,000 | 8,835,150,000 | 9,419,127,000 |