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Sallie Mae Bank
Sallie Mae Bank
RSSD ID 3394278 | CERTIFICATE 58177 | ABA NUMBER 124385119 |
175 S West Temple |
Quarter Ended : |
2025-06-30 |
Salt Lake City, Utah, 84101 |
Updated : |
2025-07-30 |
www.salliemae.com |
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Institution Profile |
Year Opened : |
2005 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
041 |
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Specialization : |
Consumer Lending Specialization |
Number of Offices : |
1 |
Number of Employees : |
1,951 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 29,548,460 |
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Total Interest Income | 1,317,769 |
Total Liabilities | 26,609,124 |
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Total NonInterest Income | 246,852 |
Total Bank Equity Capital | 2,939,336 |
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Total Interest Expense | 542,435 |
Total Deposits | 20,813,782 |
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Total NonInterest Expense | 286,658 |
Net Loans & Leases | 21,222,942 |
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Net Income | 431,245 |
Loan Loss Allowance | 1,478,080 |
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Net Charge Offs | 170,546 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 3,341,937 |
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Total loans | 22,633,096 |
Total assets for the leverage ratio | 29,372,235 |
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Loans secured by real estate: | 0 |
Tier 1 Leverage Ratio | 10.21 |
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Commercial and industrial loans | 0 |
Tier 1 Capital Ratio | 11.47 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 12.78 |
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Loans to individuals - Other | 22,611,068 |
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