Call reports 2015
SALLIE MAE BANK — 2015
What SALLIE MAE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 12,770,106,000 | 12,649,545,000 | 14,262,883,000 | 15,055,885,000 |
| Total loans | 10,998,824,000 | 10,514,784,000 | 12,013,351,000 | 11,743,104,000 |
| Allowance for loan losses | 89,805,000 | 91,866,000 | 104,203,000 | 112,507,000 |
| Securities available for sale | 170,830,000 | 173,845,000 | 190,944,000 | 195,391,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,151,456,000 | 10,926,041,000 | 11,143,926,000 | 12,033,311,000 |
| Interest-bearing deposits | 11,150,541,000 | 10,924,873,000 | 11,143,638,000 | 12,032,610,000 |
| Noninterest-bearing deposits | 915,000 | 1,168,000 | 287,000 | 701,000 |
| Equity capital | 1,462,272,000 | 1,576,114,000 | 1,615,720,000 | 1,718,256,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 199,729,000 | 396,681,000 | 603,949,000 | 827,461,000 |
| Interest expense | 30,601,000 | 61,017,000 | 94,861,000 | 129,789,000 |
| Net interest income | 169,128,000 | 335,664,000 | 509,088,000 | 697,672,000 |
| Noninterest income | 4,379,000 | 84,992,000 | 86,958,000 | 147,556,000 |
| Noninterest expense | 66,932,000 | 140,284,000 | 217,612,000 | 286,210,000 |
| Provision for loan losses | 16,618,000 | 32,176,000 | 59,674,000 | 88,349,000 |
| Pretax income | 89,957,000 | 248,291,000 | 318,855,000 | 470,764,000 |
| Income tax | 33,938,000 | 94,735,000 | 117,392,000 | 176,463,000 |
| Net income | 56,019,000 | 153,556,000 | 201,463,000 | 294,301,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,482,856,000 | 1,587,562,000 | 1,639,235,000 | 1,734,315,000 |
| Total capital | 1,572,661,000 | 1,679,428,000 | 1,743,438,000 | 1,848,528,000 |
| Risk-weighted assets | 10,923,714,000 | 10,472,138,000 | 12,366,665,000 | 12,025,200,000 |