10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001628280-17-003920 |
| Period End Date | 20170331 |
| Filing Date | 20170419 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | slm-20170331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
74 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Amortized cost |
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
$221.26M | USD | Point-in-time |
| Amortized cost |
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
$211.41M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.08B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.92B | USD | Point-in-time |
| Allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$184.70M | USD | Point-in-time |
| Allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$187.09M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$938.48M | USD | Point-in-time |
| Allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$126.25M | USD | Point-in-time |
| Allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$112.51M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$2.42B | USD | Point-in-time |
| Available-for-sale investments at fair value (cost of $221,265 and $211,406, respectively) |
AvailableForSaleSecuritiesDebtSecurities
|
$208.60M | USD | Point-in-time |
| Tax benefit for accumulated other comprehensive (loss) income |
AociTaxAttributableToParent
|
$-5.36M | USD | Point-in-time |
| Tax benefit for accumulated other comprehensive (loss) income |
AociTaxAttributableToParent
|
$-4.13M | USD | Point-in-time |
| Available-for-sale investments at fair value (cost of $221,265 and $211,406, respectively) |
AvailableForSaleSecuritiesDebtSecurities
|
$216.90M | USD | Point-in-time |
| Loans held for investment (net of allowance for losses of $187,086 and $184,701, respectively) |
LoansAndLeasesReceivableNetReportedAmount
|
$15.14B | USD | Point-in-time |
| Loans held for investment (net of allowance for losses of $187,086 and $184,701, respectively) |
LoansAndLeasesReceivableNetReportedAmount
|
$16.56B | USD | Point-in-time |
| Preferred stock, stated value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.20 | USD | Point-in-time |
| Preferred stock, stated value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.20 | USD | Point-in-time |
| Restricted cash and investments |
RestrictedCashAndInvestments
|
$53.72M | USD | Point-in-time |
| Restricted cash and investments |
RestrictedCashAndInvestments
|
$94.15M | USD | Point-in-time |
| Preferred stock shares authorized (in shares) |
PreferredStockSharesAuthorized
|
20.00M | shares | Point-in-time |
| Preferred stock shares authorized (in shares) |
PreferredStockSharesAuthorized
|
20.00M | shares | Point-in-time |
| Other interest-earning assets |
OtherInterestEarningAssets
|
$50.34M | USD | Point-in-time |
| Other interest-earning assets |
OtherInterestEarningAssets
|
$49.11M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$838.46M | USD | Point-in-time |
| Common stock par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.20 | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$766.11M | USD | Point-in-time |
| Common stock par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.20 | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
1.12B | shares | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$87.98M | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
1.12B | shares | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$87.06M | USD | Point-in-time |
| Common stock shares issued (in shares) |
CommonStockSharesIssued
|
436.60M | shares | Point-in-time |
| Tax indemnification receivable |
IncomeTaxReceivable
|
$261.03M | USD | Point-in-time |
| Tax indemnification receivable |
IncomeTaxReceivable
|
$259.53M | USD | Point-in-time |
| Common stock shares issued (in shares) |
CommonStockSharesIssued
|
440.40M | shares | Point-in-time |
| Common stock held in treasury (in shares) |
TreasuryStockShares
|
7.70M | shares | Point-in-time |
| Other assets |
OtherAssets
|
$47.85M | USD | Point-in-time |
| Common stock held in treasury (in shares) |
TreasuryStockShares
|
9.30M | shares | Point-in-time |
| Other assets |
OtherAssets
|
$52.15M | USD | Point-in-time |
| Total assets |
Assets
|
$19.24B | USD | Point-in-time |
| Total assets |
Assets
|
$18.53B | USD | Point-in-time |
| Deposits |
Deposits
|
$13.36B | USD | Point-in-time |
| Deposits |
Deposits
|
$13.44B | USD | Point-in-time |
| Long-term borrowings |
LongTermDebt
|
$2.17B | USD | Point-in-time |
| Long-term borrowings |
LongTermDebt
|
$2.84B | USD | Point-in-time |
| Income taxes payable, net |
TaxesPayableCurrentAndNoncurrent
|
$184.32M | USD | Point-in-time |
| Income taxes payable, net |
TaxesPayableCurrentAndNoncurrent
|
$234.41M | USD | Point-in-time |
| Upromise member accounts |
Upromiserelatedliability
|
$249.09M | USD | Point-in-time |
| Upromise member accounts |
Upromiserelatedliability
|
$256.04M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$118.43M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$141.93M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$16.80B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$16.19B | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, par value $0.20 per share, 1.125 billion shares authorized: 440.4 million and 436.6 million shares issued, respectively |
CommonStockValue
|
$87.33M | USD | Point-in-time |
| Common stock, par value $0.20 per share, 1.125 billion shares authorized: 440.4 million and 436.6 million shares issued, respectively |
CommonStockValue
|
$88.08M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.19B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.18B | USD | Point-in-time |
| Accumulated other comprehensive loss (net of tax benefit of $4,132 and $5,364, respectively) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-8.67M | USD | Point-in-time |
| Accumulated other comprehensive loss (net of tax benefit of $4,132 and $5,364, respectively) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-6.69M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$684.16M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$595.32M | USD | Point-in-time |
| Total SLM Corporation stockholders equity before treasury stock |
StockholdersEquityAttributabletoParentExcludingTreasuryStock
|
$2.41B | USD | Point-in-time |
| Total SLM Corporation stockholders equity before treasury stock |
StockholdersEquityAttributabletoParentExcludingTreasuryStock
|
$2.52B | USD | Point-in-time |
| Less: Common stock held in treasury at cost: 9.3 million and 7.7 million shares, respectively |
TreasuryStockValue
|
$86.66M | USD | Point-in-time |
| Less: Common stock held in treasury at cost: 9.3 million and 7.7 million shares, respectively |
TreasuryStockValue
|
$67.48M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.10B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.44B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.14B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.35B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$18.53B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$19.24B | USD | Point-in-time |
Income Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loans |
InterestAndFeeIncomeLoansAndLeases
|
$245.23M | USD | 1 Quarter |
| Loans |
InterestAndFeeIncomeLoansAndLeases
|
$324.76M | USD | 1 Quarter |
| Investments |
InterestAndDividendIncomeSecuritiesAvailableForSale
|
$2.14M | USD | 1 Quarter |
| Investments |
InterestAndDividendIncomeSecuritiesAvailableForSale
|
$2.59M | USD | 1 Quarter |
| Cash and cash equivalents |
CashAndInvestmentsInterestIncomeLoss
|
$2.59M | USD | 1 Quarter |
| Cash and cash equivalents |
CashAndInvestmentsInterestIncomeLoss
|
$1.63M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$329.49M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$249.46M | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$34.01M | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$44.85M | USD | 1 Quarter |
| Interest expense on short-term borrowings |
InterestExpenseShortTermBorrowings
|
$1.24M | USD | 1 Quarter |
| Interest expense on short-term borrowings |
InterestExpenseShortTermBorrowings
|
$2.16M | USD | 1 Quarter |
| Interest expense on long-term borrowings |
InterestExpenseLongTermDebt
|
$15.32M | USD | 1 Quarter |
| Interest expense on long-term borrowings |
InterestExpenseLongTermDebt
|
$3.42M | USD | 1 Quarter |
| Other interest expense |
InterestExpenseOther
|
$2.00K | USD | 1 Quarter |
| Other interest expense |
InterestExpenseOther
|
$1.00K | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$39.59M | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$61.41M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$268.08M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$209.86M | USD | 1 Quarter |
| Less: provisions for credit losses |
ProvisionForLoanLeaseAndOtherLosses
|
$25.30M | USD | 1 Quarter |
| Less: provisions for credit losses |
ProvisionForLoanLeaseAndOtherLosses
|
$32.60M | USD | 1 Quarter |
| Net interest income after provisions for credit losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$242.78M | USD | 1 Quarter |
| Net interest income after provisions for credit losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$177.26M | USD | 1 Quarter |
| Losses on derivatives and hedging activities, net |
GainLossOnDerivativeInstrumentsNetPretax
|
$-354.00K | USD | 1 Quarter |
| Losses on derivatives and hedging activities, net |
GainLossOnDerivativeInstrumentsNetPretax
|
$-5.38M | USD | 1 Quarter |
| Other income |
NoninterestIncomeOtherOperatingIncome
|
$11.35M | USD | 1 Quarter |
| Other income |
NoninterestIncomeOtherOperatingIncome
|
$21.03M | USD | 1 Quarter |
| Total non-interest income |
NoninterestIncome
|
$20.67M | USD | 1 Quarter |
| Total non-interest income |
NoninterestIncome
|
$5.97M | USD | 1 Quarter |
| Compensation and benefits |
LaborAndRelatedExpense
|
$50.21M | USD | 1 Quarter |
| Compensation and benefits |
LaborAndRelatedExpense
|
$55.46M | USD | 1 Quarter |
| FDIC assessment fees |
FederalDepositInsuranceCorporationPremiumExpense
|
$4.18M | USD | 1 Quarter |
| FDIC assessment fees |
FederalDepositInsuranceCorporationPremiumExpense
|
$7.23M | USD | 1 Quarter |
| Other operating expenses |
OtherNoninterestExpense
|
$38.50M | USD | 1 Quarter |
| Other operating expenses |
OtherNoninterestExpense
|
$39.98M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$102.68M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$92.89M | USD | 1 Quarter |
| Acquired intangible asset amortization expense |
AcquiredIntangibleAssetsImpairmentAndAmortizationExpense
|
$117.00K | USD | 1 Quarter |
| Acquired intangible asset amortization expense |
AcquiredIntangibleAssetsImpairmentAndAmortizationExpense
|
$260.00K | USD | 1 Quarter |
| Total non-interest expenses |
NoninterestExpense
|
$93.14M | USD | 1 Quarter |
| Total non-interest expenses |
NoninterestExpense
|
$102.79M | USD | 1 Quarter |
| Income before income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$104.79M | USD | 1 Quarter |
| Income before income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$145.95M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$38.88M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$51.01M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$65.92M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$94.94M | USD | 1 Quarter |
| Preferred stock dividends |
PreferredStockDividendsIncomeStatementImpact
|
$5.58M | USD | 1 Quarter |
| Preferred stock dividends |
PreferredStockDividendsIncomeStatementImpact
|
$5.14M | USD | 1 Quarter |
| Net income attributable to SLM Corporation common stock |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$89.37M | USD | 1 Quarter |
| Net income attributable to SLM Corporation common stock |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$60.78M | USD | 1 Quarter |
| Basic earnings per common share attributable to SLM Corporation (in dollars per share) |
EarningsPerShareBasic
|
$0.14 | USD | 1 Quarter |
| Basic earnings per common share attributable to SLM Corporation (in dollars per share) |
EarningsPerShareBasic
|
$0.21 | USD | 1 Quarter |
| Average common shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
429.89M | shares | 1 Quarter |
| Average common shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
427.11M | shares | 1 Quarter |
| Diluted earnings per common share attributable to SLM Corporation (in dollars per share) |
EarningsPerShareDiluted
|
$0.20 | USD | 1 Quarter |
| Diluted earnings per common share attributable to SLM Corporation (in dollars per share) |
EarningsPerShareDiluted
|
$0.14 | USD | 1 Quarter |
| Average common and common equivalent shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
430.90M | shares | 1 Quarter |
| Average common and common equivalent shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
438.74M | shares | 1 Quarter |
Cash Flow Statement
98 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$65.92M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$94.94M | USD | 1 Quarter |
| Provisions for credit losses |
ProvisionForDoubtfulAccounts
|
$25.30M | USD | 1 Quarter |
| Provisions for credit losses |
ProvisionForDoubtfulAccounts
|
$32.60M | USD | 1 Quarter |
| Income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$38.88M | USD | 1 Quarter |
| Income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$51.01M | USD | 1 Quarter |
| Amortization of brokered deposit placement fee |
AmortizationofBrokeredDepositPlacement
|
$2.13M | USD | 1 Quarter |
| Amortization of brokered deposit placement fee |
AmortizationofBrokeredDepositPlacement
|
$2.62M | USD | 1 Quarter |
| Amortization of ABCP Facility upfront fee |
AmortizationofUpfrontLoanFees
|
$352.00K | USD | 1 Quarter |
| Amortization of ABCP Facility upfront fee |
AmortizationofUpfrontLoanFees
|
$122.00K | USD | 1 Quarter |
| Amortization of deferred loan origination costs and fees, net |
AmortizationOfDeferredLoanOriginationFeesNet
|
$-1.22M | USD | 1 Quarter |
| Amortization of deferred loan origination costs and fees, net |
AmortizationOfDeferredLoanOriginationFeesNet
|
$-1.78M | USD | 1 Quarter |
| Net amortization of discount on investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$-342.00K | USD | 1 Quarter |
| Net amortization of discount on investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$-452.00K | USD | 1 Quarter |
| Interest income on tax indemnification receivable |
InterestIncomeonTaxIndemnificationReceivable
|
$1.50M | USD | 1 Quarter |
| Interest income on tax indemnification receivable |
InterestIncomeonTaxIndemnificationReceivable
|
$1.08M | USD | 1 Quarter |
| Depreciation of premises and equipment |
Depreciation
|
$2.10M | USD | 1 Quarter |
| Depreciation of premises and equipment |
Depreciation
|
$2.58M | USD | 1 Quarter |
| Amortization of acquired intangibles |
AmortizationOfIntangibleAssets
|
$117.00K | USD | 1 Quarter |
| Amortization of acquired intangibles |
AmortizationOfIntangibleAssets
|
$260.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$6.22M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$9.43M | USD | 1 Quarter |
| Unrealized losses on derivative and hedging activities, net |
UnrealizedGainLossOnDerivatives
|
$-5.36M | USD | 1 Quarter |
| Unrealized losses on derivative and hedging activities, net |
UnrealizedGainLossOnDerivatives
|
$-832.00K | USD | 1 Quarter |
| Other adjustments to net income, net |
OtherNoncashIncomeExpense
|
$-250.00K | USD | 1 Quarter |
| Other adjustments to net income, net |
OtherNoncashIncomeExpense
|
$-1.26M | USD | 1 Quarter |
| Increase in accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$147.26M | USD | 1 Quarter |
| Increase in accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$153.06M | USD | 1 Quarter |
| Decrease in restricted cash and investments, net |
IncreaseDecreaseInRestrictedCash
|
$-5.64M | USD | 1 Quarter |
| Decrease in restricted cash and investments, net |
IncreaseDecreaseInRestrictedCash
|
$-6.78M | USD | 1 Quarter |
| Increase in other interest-earning assets |
PaymentsForProceedsFromOtherInterestEarningAssets
|
$3.61M | USD | 1 Quarter |
| Increase in other interest-earning assets |
PaymentsForProceedsFromOtherInterestEarningAssets
|
$1.23M | USD | 1 Quarter |
| Increase in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$13.44M | USD | 1 Quarter |
| Increase in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$11.39M | USD | 1 Quarter |
| Decrease in income taxes payable, net |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-1.69M | USD | 1 Quarter |
| Decrease in income taxes payable, net |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-57.12M | USD | 1 Quarter |
| Increase in accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$6.15M | USD | 1 Quarter |
| Increase in accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$9.08M | USD | 1 Quarter |
| Increase in payable due to entity that is a subsidiary of Navient |
IncreaseDecreaseInDueToRelatedParties
|
$1.17M | USD | 1 Quarter |
| Increase in payable due to entity that is a subsidiary of Navient |
IncreaseDecreaseInDueToRelatedParties
|
$227.00K | USD | 1 Quarter |
| (Decrease) increase in other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-39.42M | USD | 1 Quarter |
| (Decrease) increase in other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$2.16M | USD | 1 Quarter |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$-98.56M | USD | 1 Quarter |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$-115.83M | USD | 1 Quarter |
| Total net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-49.91M | USD | 1 Quarter |
| Total net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-3.61M | USD | 1 Quarter |
| Loans acquired and originated |
StudentLoansacquiredandoriginated
|
$1.89B | USD | 1 Quarter |
| Loans acquired and originated |
StudentLoansacquiredandoriginated
|
$1.81B | USD | 1 Quarter |
| Net proceeds from sales of loans held for investment |
Netproceedsfromsalesofstudentloansheldforinvestment
|
$1.97M | USD | 1 Quarter |
| Net proceeds from sales of loans held for investment |
Netproceedsfromsalesofstudentloansheldforinvestment
|
$3.37M | USD | 1 Quarter |
| Proceeds from claim payments |
ProceedsfromClaimpayments
|
$11.93M | USD | 1 Quarter |
| Proceeds from claim payments |
ProceedsfromClaimpayments
|
$18.53M | USD | 1 Quarter |
| Net decrease in loans held for investment |
Netincreasedecreaseinloansheldforinvestment
|
$-506.64M | USD | 1 Quarter |
| Net decrease in loans held for investment |
Netincreasedecreaseinloansheldforinvestment
|
$-332.41M | USD | 1 Quarter |
| Increase in restricted cash and investments - variable interest entities |
IncreaseDecreaseInRestrictedCashAndInvestments
|
$46.06M | USD | 1 Quarter |
| Increase in restricted cash and investments - variable interest entities |
IncreaseDecreaseInRestrictedCashAndInvestments
|
$3.41M | USD | 1 Quarter |
| Purchases of available-for-sale securities |
PaymentsToAcquireAvailableForSaleSecurities
|
$12.09M | USD | 1 Quarter |
| Purchases of available-for-sale securities |
PaymentsToAcquireAvailableForSaleSecurities
|
$18.48M | USD | 1 Quarter |
| Proceeds from sales and maturities of available-for-sale securities |
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
$6.57M | USD | 1 Quarter |
| Proceeds from sales and maturities of available-for-sale securities |
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
$8.17M | USD | 1 Quarter |
| Total net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.46B | USD | 1 Quarter |
| Total net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.43B | USD | 1 Quarter |
| Brokered deposit placement fee |
Cashpaidforbrokereddepositplacementfee
|
$2.76M | USD | 1 Quarter |
| Brokered deposit placement fee |
Cashpaidforbrokereddepositplacementfee
|
$2.08M | USD | 1 Quarter |
| Net decrease in certificates of deposit |
Netincreasedecreaseinbrokeredcertificatesofdeposit
|
$-209.41M | USD | 1 Quarter |
| Net decrease in certificates of deposit |
Netincreasedecreaseinbrokeredcertificatesofdeposit
|
$-151.00M | USD | 1 Quarter |
| Net increase in other deposits |
NetincreaseinNOWaccountdeposits
|
$245.89M | USD | 1 Quarter |
| Net increase in other deposits |
NetincreaseinNOWaccountdeposits
|
$83.02M | USD | 1 Quarter |
| Borrowings collateralized by loans in securitization trusts - issued |
BorrowingsCollateralizedByLoansInTrustIssued
|
$767.99M | USD | 1 Quarter |
| Borrowings collateralized by loans in securitization trusts - issued |
BorrowingsCollateralizedByLoansInTrustIssued
|
- | USD | 1 Quarter |
| Borrowings collateralized by loans in securitization trusts - repaid |
BorrowingsCollateralizedByLoansInTrustRepaid
|
$99.88M | USD | 1 Quarter |
| Borrowings collateralized by loans in securitization trusts - repaid |
BorrowingsCollateralizedByLoansInTrustRepaid
|
$20.28M | USD | 1 Quarter |
| Issuance costs for collateralized borrowings |
PaymentsOfDebtIssuanceCosts
|
$23.00K | USD | 1 Quarter |
| Issuance costs for collateralized borrowings |
PaymentsOfDebtIssuanceCosts
|
- | USD | 1 Quarter |
| Borrowings under ABCP Facility |
ProceedsFromIssuanceOfCommercialPaper
|
- | USD | 1 Quarter |
| Borrowings under ABCP Facility |
ProceedsFromIssuanceOfCommercialPaper
|
$26.32M | USD | 1 Quarter |
| Fees paid on ABCP Facility |
NetIncreaseDecreaseinUpfrontLoanFees
|
$-1.51M | USD | 1 Quarter |
| Fees paid on ABCP Facility |
NetIncreaseDecreaseinUpfrontLoanFees
|
$-1.25M | USD | 1 Quarter |
| Preferred stock dividends paid |
PaymentsOfDividends
|
$5.58M | USD | 1 Quarter |
| Preferred stock dividends paid |
PaymentsOfDividends
|
$5.14M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$590.93M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$33.38M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-1.48B | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-841.22M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.08B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.92B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$938.48M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$2.42B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.08B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.92B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$938.48M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$2.42B | USD | Point-in-time |
| Interest |
InterestPaid
|
$32.77M | USD | 1 Quarter |
| Interest |
InterestPaid
|
$54.65M | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaid
|
$56.16M | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaid
|
$1.43M | USD | 1 Quarter |
| Income taxes refunded |
ProceedsFromIncomeTaxRefunds
|
$32.00K | USD | 1 Quarter |
| Income taxes refunded |
ProceedsFromIncomeTaxRefunds
|
$86.00K | USD | 1 Quarter |
Stockholders Equity
26 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.10B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.44B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.14B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.35B | USD | Point-in-time |
| Net income |
ProfitLoss
|
$65.92M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$94.94M | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$1.98M | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-13.21M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$96.92M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$52.70M | USD | 1 Quarter |
| Cumulative effect of the new stock compensation standard |
CumulativeEffectofAdoptionofNewStockCompensationAmendment
|
$165.00K | USD | 1 Quarter |
| Dividend equivalent units related to employee stock-based compensation plans |
DividendsShareBasedCompensation
|
- | USD | 1 Quarter |
| Dividend equivalent units related to employee stock-based compensation plans |
DividendsShareBasedCompensation
|
- | USD | 1 Quarter |
| Issuance of common shares (in shares) |
StockIssuedDuringPeriodSharesNewIssues
|
2.74M | shares | 1 Quarter |
| Issuance of common shares (in shares) |
StockIssuedDuringPeriodSharesNewIssues
|
3.74M | shares | 1 Quarter |
| Issuance of common shares |
StockIssuedDuringPeriodValueNewIssues
|
$2.71M | USD | 1 Quarter |
| Issuance of common shares |
StockIssuedDuringPeriodValueNewIssues
|
$6.54M | USD | 1 Quarter |
| Tax benefit related to employee stock-based compensation |
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
|
$-2.13M | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$6.22M | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$9.43M | USD | 1 Quarter |
| Shares repurchased related to employee stock-based compensation plans |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$6.75M | USD | 1 Quarter |
| Shares repurchased related to employee stock-based compensation plans |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$19.18M | USD | 1 Quarter |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.10B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.44B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.14B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.35B | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$65.92M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$94.94M | USD | 1 Quarter |
| Unrealized (losses) gains on investments |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-1.57M | USD | 1 Quarter |
| Unrealized (losses) gains on investments |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$3.02M | USD | 1 Quarter |
| Unrealized gains (losses) on cash flow hedges |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
|
$4.78M | USD | 1 Quarter |
| Unrealized gains (losses) on cash flow hedges |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
|
$-24.37M | USD | 1 Quarter |
| Total unrealized gains (losses) |
OtherComprehensiveIncomeLossBeforeTax
|
$3.21M | USD | 1 Quarter |
| Total unrealized gains (losses) |
OtherComprehensiveIncomeLossBeforeTax
|
$-21.35M | USD | 1 Quarter |
| Income tax (expense) benefit |
OtherComprehensiveIncomeLossTax
|
$1.23M | USD | 1 Quarter |
| Income tax (expense) benefit |
OtherComprehensiveIncomeLossTax
|
$-8.14M | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax (expense) benefit |
OtherComprehensiveIncomeLossNetOfTax
|
$1.98M | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax (expense) benefit |
OtherComprehensiveIncomeLossNetOfTax
|
$-13.21M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$96.92M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$52.70M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.