Call reports 2024
SALLIE MAE BANK — 2024
What SALLIE MAE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 28,327,176,000 | 28,731,156,000 | 29,940,670,000 | 30,036,479,000 |
| Total loans | 21,601,115,000 | 20,234,701,000 | 22,422,292,000 | 22,401,161,000 |
| Allowance for loan losses | 1,350,058,000 | 1,269,652,000 | 1,419,310,000 | 1,441,610,000 |
| Securities available for sale | 2,271,108,000 | 2,283,262,000 | 2,022,605,000 | 1,933,226,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 58,166,000 | 60,473,000 | 54,840,000 | 53,262,000 |
| Total deposits | 21,211,915,000 | 21,073,781,000 | 21,704,835,000 | 21,456,380,000 |
| Interest-bearing deposits | 21,160,903,000 | 21,021,789,000 | 21,619,869,000 | 21,395,035,000 |
| Noninterest-bearing deposits | 51,012,000 | 51,992,000 | 84,966,000 | 61,345,000 |
| Equity capital | 2,690,974,000 | 2,834,685,000 | 2,725,933,000 | 2,682,118,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 669,451,000 | 1,313,911,000 | 1,969,538,000 | 2,633,667,000 |
| Interest expense | 269,364,000 | 531,784,000 | 818,622,000 | 1,110,022,000 |
| Net interest income | 400,087,000 | 782,127,000 | 1,150,916,000 | 1,523,645,000 |
| Noninterest income | 176,014,000 | 320,142,000 | 348,935,000 | 383,771,000 |
| Noninterest expense | 143,740,000 | 286,304,000 | 441,441,000 | 576,630,000 |
| Provision for loan losses | 92,969,000 | 92,391,000 | 327,040,000 | 442,632,000 |
| Pretax income | 420,320,000 | 787,057,000 | 752,319,000 | 916,392,000 |
| Income tax | 103,016,000 | 193,020,000 | 184,495,000 | 225,807,000 |
| Net income | 317,304,000 | 594,037,000 | 567,824,000 | 690,585,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,977,353,000 | 3,122,582,000 | 2,985,360,000 | 2,957,067,000 |
| Total capital | 3,290,809,000 | 3,423,131,000 | 3,318,657,000 | 3,294,663,000 |
| Risk-weighted assets | 24,293,471,000 | 23,310,908,000 | 25,771,361,000 | 26,104,537,000 |