Call reports 2017
SALLIE MAE BANK — 2017
What SALLIE MAE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 19,027,250,000 | 19,335,095,000 | 20,857,573,000 | 21,645,302,000 |
| Total loans | 16,750,510,000 | 16,769,072,000 | 18,271,823,000 | 18,820,605,000 |
| Allowance for loan losses | 187,085,000 | 207,449,000 | 229,919,000 | 251,475,000 |
| Securities available for sale | 216,896,000 | 229,479,000 | 232,549,000 | 244,088,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,880,755,000 | 14,307,988,000 | 15,548,164,000 | 16,001,666,000 |
| Interest-bearing deposits | 13,879,583,000 | 14,306,374,000 | 15,547,636,000 | 16,000,613,000 |
| Noninterest-bearing deposits | 1,172,000 | 1,614,000 | 528,000 | 1,053,000 |
| Equity capital | 2,111,266,000 | 2,192,127,000 | 2,281,350,000 | 2,352,829,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 329,838,000 | 672,260,000 | 1,039,086,000 | 1,439,334,000 |
| Interest expense | 62,450,000 | 133,473,000 | 216,455,000 | 305,631,000 |
| Net interest income | 267,388,000 | 538,787,000 | 822,631,000 | 1,133,703,000 |
| Noninterest income | -2,685,000 | -3,713,000 | 6,464,000 | 13,864,000 |
| Noninterest expense | 84,635,000 | 181,704,000 | 290,713,000 | 400,175,000 |
| Provision for loan losses | 26,791,000 | 76,677,000 | 130,524,000 | 185,594,000 |
| Pretax income | 153,277,000 | 276,693,000 | 407,858,000 | 561,798,000 |
| Income tax | 54,121,000 | 100,023,000 | 150,075,000 | 244,449,000 |
| Net income | 99,156,000 | 176,670,000 | 257,783,000 | 317,349,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,117,957,000 | 2,199,979,000 | 2,285,767,000 | 2,350,081,000 |
| Total capital | 2,305,261,000 | 2,407,976,000 | 2,517,317,000 | 2,597,926,000 |
| Risk-weighted assets | 17,289,217,000 | 17,536,872,000 | 19,314,437,000 | 19,822,082,000 |