Call reports 2018
SALLIE MAE BANK — 2018
What SALLIE MAE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 23,267,239,000 | 24,054,263,000 | 25,622,354,000 | 26,585,576,000 |
| Total loans | 20,440,923,000 | 20,606,791,000 | 22,311,203,000 | 22,615,806,000 |
| Allowance for loan losses | 272,123,000 | 295,277,000 | 328,974,000 | 341,121,000 |
| Securities available for sale | 229,114,000 | 178,145,000 | 172,370,000 | 176,245,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,957,841,000 | 17,180,697,000 | 18,289,193,000 | 19,326,368,000 |
| Interest-bearing deposits | 16,956,201,000 | 17,178,625,000 | 18,288,681,000 | 19,325,292,000 |
| Noninterest-bearing deposits | 1,640,000 | 2,072,000 | 512,000 | 1,076,000 |
| Equity capital | 2,510,565,000 | 2,640,236,000 | 2,762,634,000 | 2,906,715,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 438,427,000 | 901,849,000 | 1,400,769,000 | 1,940,514,000 |
| Interest expense | 103,698,000 | 224,328,000 | 364,691,000 | 519,570,000 |
| Net interest income | 334,729,000 | 677,521,000 | 1,036,078,000 | 1,420,944,000 |
| Noninterest income | 11,802,000 | 16,331,000 | 19,371,000 | 34,517,000 |
| Noninterest expense | 109,981,000 | 237,849,000 | 381,276,000 | 515,914,000 |
| Provision for loan losses | 55,549,000 | 118,444,000 | 187,339,000 | 244,584,000 |
| Pretax income | 181,001,000 | 336,010,000 | 485,285,000 | 693,414,000 |
| Income tax | 43,515,000 | 81,405,000 | 117,837,000 | 170,030,000 |
| Net income | 137,486,000 | 254,605,000 | 367,448,000 | 523,384,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,494,964,000 | 2,617,021,000 | 2,735,621,000 | 2,896,091,000 |
| Total capital | 2,761,446,000 | 2,889,877,000 | 3,032,521,000 | 3,196,279,000 |
| Risk-weighted assets | 21,312,641,000 | 21,805,392,000 | 23,718,120,000 | 23,971,905,000 |