Call reports 2021
SALLIE MAE BANK — 2021
What SALLIE MAE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 30,753,248,000 | 28,835,767,000 | 28,740,416,000 | 29,218,292,000 |
| Total loans | 21,570,140,000 | 21,298,962,000 | 22,519,108,000 | 21,528,583,000 |
| Allowance for loan losses | 1,179,021,000 | 1,160,244,000 | 1,215,407,000 | 1,165,335,000 |
| Securities available for sale | 2,115,885,000 | 2,072,308,000 | 2,505,372,000 | 2,517,956,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 30,594,000 | 35,908,000 | 36,792,000 | 37,465,000 |
| Total deposits | 23,772,639,000 | 21,690,781,000 | 21,247,503,000 | 21,396,309,000 |
| Interest-bearing deposits | 23,065,777,000 | 21,458,826,000 | 21,190,844,000 | 21,308,462,000 |
| Noninterest-bearing deposits | 706,862,000 | 231,955,000 | 56,659,000 | 87,847,000 |
| Equity capital | 2,314,635,000 | 2,335,524,000 | 2,380,290,000 | 2,460,410,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 439,139,000 | 875,536,000 | 1,324,990,000 | 1,785,568,000 |
| Interest expense | 96,854,000 | 184,455,000 | 266,215,000 | 347,262,000 |
| Net interest income | 342,285,000 | 691,081,000 | 1,058,775,000 | 1,438,306,000 |
| Noninterest income | 418,328,000 | 440,992,000 | 459,110,000 | 622,829,000 |
| Noninterest expense | 118,013,000 | 238,799,000 | 372,693,000 | 486,653,000 |
| Provision for loan losses | -135,089,000 | -110,817,000 | -6,734,000 | 4,374,000 |
| Pretax income | 868,366,000 | 1,049,364,000 | 1,162,840,000 | 1,607,439,000 |
| Income tax | 209,592,000 | 253,918,000 | 279,719,000 | 390,533,000 |
| Net income | 658,774,000 | 795,446,000 | 883,121,000 | 1,216,906,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,164,962,000 | 3,190,257,000 | 3,255,466,000 | 3,314,657,000 |
| Total capital | 3,230,743,000 | 3,276,009,000 | 3,408,359,000 | 3,410,183,000 |
| Risk-weighted assets | 23,387,925,000 | 23,371,687,000 | 24,802,520,000 | 23,473,321,000 |