Call reports 2019
SALLIE MAE BANK — 2019
What SALLIE MAE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 27,601,911,000 | 29,485,766,000 | 31,019,820,000 | 32,598,529,000 |
| Total loans | 23,861,927,000 | 23,659,141,000 | 25,139,027,000 | 25,120,724,000 |
| Allowance for loan losses | 358,325,000 | 383,997,000 | 414,406,000 | 441,912,000 |
| Securities available for sale | 207,907,000 | 331,541,000 | 455,968,000 | 487,669,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,014,513,000 | 21,557,119,000 | 22,940,441,000 | 24,618,173,000 |
| Interest-bearing deposits | 20,007,117,000 | 21,549,307,000 | 22,934,203,000 | 24,611,397,000 |
| Noninterest-bearing deposits | 7,396,000 | 7,812,000 | 6,238,000 | 6,776,000 |
| Equity capital | 2,991,702,000 | 2,994,739,000 | 3,103,079,000 | 3,251,942,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 568,529,000 | 1,144,254,000 | 1,736,874,000 | 2,339,625,000 |
| Interest expense | 163,597,000 | 339,517,000 | 524,007,000 | 704,069,000 |
| Net interest income | 404,932,000 | 804,737,000 | 1,212,867,000 | 1,635,556,000 |
| Noninterest income | 10,201,000 | 33,601,000 | 42,746,000 | 46,905,000 |
| Noninterest expense | 124,531,000 | 256,146,000 | 403,963,000 | 538,598,000 |
| Provision for loan losses | 65,660,000 | 158,575,000 | 256,889,000 | 353,934,000 |
| Pretax income | 224,942,000 | 423,617,000 | 594,761,000 | 789,929,000 |
| Income tax | 55,002,000 | 103,896,000 | 144,944,000 | 191,361,000 |
| Net income | 169,940,000 | 319,721,000 | 449,817,000 | 598,568,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,989,525,000 | 3,008,318,000 | 3,123,262,000 | 3,264,309,000 |
| Total capital | 3,303,905,000 | 3,324,527,000 | 3,462,407,000 | 3,600,668,000 |
| Risk-weighted assets | 25,106,139,000 | 25,228,162,000 | 27,054,398,000 | 26,800,710,000 |