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Sallie Mae Bank
Sallie Mae Bank
| RSSD ID 3394278 | CERTIFICATE 58177 | ABA NUMBER 124385119 |
| 175 S West Temple |
Quarter Ended : |
2025-09-30 |
| Salt Lake City, Utah, 84101 |
Updated : |
2025-10-30 |
| 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 : |
1,784 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 29,619,252 |
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Total Interest Income | 1,978,168 |
| Total Liabilities | 26,601,111 |
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Total NonInterest Income | 418,293 |
| Total Bank Equity Capital | 3,018,141 |
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Total Interest Expense | 817,001 |
| Total Deposits | 20,228,343 |
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Total NonInterest Expense | 451,193 |
| Net Loans & Leases | 21,680,212 |
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Net Income | 589,471 |
| Loan Loss Allowance | 1,534,439 |
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Net Charge Offs | 248,154 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 3,418,923 |
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Total loans | 22,332,827 |
| Total assets for the leverage ratio | 29,446,982 |
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Loans secured by real estate: | 0 |
| Tier 1 Leverage Ratio | 10.4 |
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Commercial and industrial loans | 0 |
| Tier 1 Capital Ratio | 11.27 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.58 |
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Loans to individuals - Other | 22,310,863 |
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