Call reports 2016
SALLIE MAE BANK — 2016
What SALLIE MAE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 15,167,465,000 | 15,521,944,000 | 17,508,500,000 | 18,314,349,000 |
| Total loans | 13,234,674,000 | 13,390,950,000 | 14,926,016,000 | 15,323,278,000 |
| Allowance for loan losses | 126,249,000 | 144,925,000 | 164,839,000 | 184,701,000 |
| Securities available for sale | 203,597,000 | 206,785,000 | 213,176,000 | 208,603,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,995,507,000 | 12,442,925,000 | 13,506,717,000 | 13,973,261,000 |
| Interest-bearing deposits | 11,994,544,000 | 12,441,765,000 | 13,506,392,000 | 13,972,585,000 |
| Noninterest-bearing deposits | 963,000 | 1,159,000 | 325,000 | 676,000 |
| Equity capital | 1,770,800,000 | 1,829,730,000 | 1,901,167,000 | 2,002,912,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 249,071,000 | 504,090,000 | 776,454,000 | 1,076,425,000 |
| Interest expense | 40,228,000 | 83,254,000 | 133,246,000 | 188,616,000 |
| Net interest income | 208,843,000 | 420,836,000 | 643,208,000 | 887,809,000 |
| Noninterest income | 2,642,000 | 7,707,000 | 11,967,000 | 10,875,000 |
| Noninterest expense | 74,324,000 | 154,828,000 | 240,273,000 | 322,864,000 |
| Provision for loan losses | 34,160,000 | 75,537,000 | 116,306,000 | 159,397,000 |
| Pretax income | 103,001,000 | 198,178,000 | 298,596,000 | 416,423,000 |
| Income tax | 39,924,000 | 76,298,000 | 114,861,000 | 157,947,000 |
| Net income | 63,077,000 | 121,880,000 | 183,735,000 | 258,476,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,800,069,000 | 1,863,583,000 | 1,928,980,000 | 2,011,583,000 |
| Total capital | 1,926,465,000 | 2,009,072,000 | 2,095,397,000 | 2,197,998,000 |
| Risk-weighted assets | 13,407,606,000 | 13,819,285,000 | 15,580,744,000 | 15,979,040,000 |