Call reports 2020
SALLIE MAE BANK — 2020
What SALLIE MAE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 31,775,269,000 | 30,416,130,000 | 30,564,341,000 | 30,805,521,000 |
| Total loans | 23,380,417,000 | 23,109,837,000 | 23,460,730,000 | 23,452,283,000 |
| Allowance for loan losses | 1,673,324,000 | 1,929,323,000 | 1,734,559,000 | 1,361,723,000 |
| Securities available for sale | 614,583,000 | 2,020,947,000 | 2,090,707,000 | 1,996,634,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 11,360,000 | 14,261,000 | 14,651,000 | 16,923,000 |
| Total deposits | 24,721,691,000 | 23,726,621,000 | 23,251,459,000 | 23,204,016,000 |
| Interest-bearing deposits | 24,714,340,000 | 23,718,949,000 | 23,245,267,000 | 23,197,166,000 |
| Noninterest-bearing deposits | 7,351,000 | 7,672,000 | 6,192,000 | 6,850,000 |
| Equity capital | 2,116,892,000 | 2,010,403,000 | 2,202,891,000 | 2,650,395,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 577,348,000 | 1,063,717,000 | 1,548,078,000 | 2,028,201,000 |
| Interest expense | 173,222,000 | 306,748,000 | 421,820,000 | 528,335,000 |
| Net interest income | 404,126,000 | 756,969,000 | 1,126,258,000 | 1,499,866,000 |
| Noninterest income | 291,733,000 | 310,438,000 | 321,355,000 | 334,849,000 |
| Noninterest expense | 40,612,000 | 231,342,000 | 404,622,000 | 508,944,000 |
| Provision for loan losses | 149,790,000 | 445,426,000 | 412,967,000 | 101,327,000 |
| Pretax income | 505,457,000 | 390,639,000 | 630,024,000 | 1,224,444,000 |
| Income tax | 124,292,000 | 94,142,000 | 153,427,000 | 298,018,000 |
| Net income | 381,165,000 | 296,497,000 | 476,597,000 | 926,426,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,112,763,000 | 3,085,133,000 | 3,230,078,000 | 3,579,005,000 |
| Total capital | 3,428,156,000 | 3,399,607,000 | 3,551,764,000 | 3,849,820,000 |
| Risk-weighted assets | 25,102,538,000 | 24,793,913,000 | 25,502,584,000 | 25,639,710,000 |