Sallie Mae Bank Annual Report

We maintain the complete database with all recent information about Sallie Mae Bank that you may need. With the help of the annual report, you can know the financial health of the bank, see how large it is, and track the dynamics and last trends of all financial indicators. All Sallie Mae Bank data is relevant for May 2026.

4.23

Address

175 S West Temple Salt Lake City,UT 84101

FDIC Certificate ID

58177

Bank Charter Class

Federal Reserve Non-member

Financial report Sallie Mae Bank

Quarterly

Annually

Change dates

December 31, 2025
September 30, 2025
June 30, 2025
March 31, 2025
December 31, 2024
September 30, 2024
June 30, 2024
March 31, 2024
December 31, 2023
September 30, 2023
June 30, 2023
March 31, 2023
December 31, 2022
September 30, 2022
June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005

December 31, 2025
September 30, 2025
June 30, 2025
March 31, 2025
December 31, 2024
September 30, 2024
June 30, 2024
March 31, 2024
December 31, 2023
September 30, 2023
June 30, 2023
March 31, 2023
December 31, 2022
September 30, 2022
June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005

December 31, 2025
September 30, 2025
June 30, 2025
March 31, 2025
December 31, 2024
September 30, 2024
June 30, 2024
March 31, 2024
December 31, 2023
September 30, 2023
June 30, 2023
March 31, 2023
December 31, 2022
September 30, 2022
June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005

December 31, 2025
September 30, 2025
June 30, 2025
March 31, 2025
December 31, 2024
September 30, 2024
June 30, 2024
March 31, 2024
December 31, 2023
September 30, 2023
June 30, 2023
March 31, 2023
December 31, 2022
September 30, 2022
June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005

December 31, 2025
September 30, 2025
June 30, 2025
March 31, 2025
December 31, 2024
September 30, 2024
June 30, 2024
March 31, 2024
December 31, 2023
September 30, 2023
June 30, 2023
March 31, 2023
December 31, 2022
September 30, 2022
June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005

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2023
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Hide dates

All values USD, Dollar figures in thousands

Updated December 31, 2025

Item

2025

2024

2023

2022

2021

Trends

Assets and Liabilities

Total assets

29,734,290

30,036,479

29,141,841

28,714,313

29,218,292

Cash & Balances due from depository institutions

4,414,106

4,870,515

4,296,284

4,774,251

4,542,756

Cash items in process of collection

N/A

Collection in domestic offices

N/A

Currency and coin in domestic offices

N/A

Balances due from depository institutions in U.S.

227,343

227,387

187,194

221,327

282,711

Balances due from foreign banks

N/A

Balances due from FRB

4,186,763

4,643,128

4,109,090

4,552,924

4,260,045

Total securities *

1,758,070

1,933,226

2,411,622

2,342,089

2,517,956

U.S. Government securities

1,133,730

1,359,072

1,985,166

2,009,674

2,318,750

U.S. Treasury securities

639,506

915,744

1,529,202

1,556,734

1,761,003

U.S. Government agency obligations

494,224

443,328

455,964

452,940

557,747

Securities issued by states & political subdivisions

N/A

Other domestic debt securities

624,340

574,154

426,456

332,415

199,206

Privately issued residential mortgage-backed securities

N/A

6,961

Asset backed securities

622,184

571,795

423,327

329,188

192,245

Structured financial products - Total

N/A

Other domestic debt securities - All other

N/A

Foreign debt securities

N/A

Equity securities not held for trading

N/A

Equity securities available-for-sale

N/A

Credit Loss Allowance for Held to Maturity Debt Securities

N/A

Assets held in trading accounts for TFR Reporters

N/A

General valuation allowances for securities for TFR Reporters

N/A

Federal funds sold and reverse repurchase

N/A

Net loans and leases

21,308,181

20,959,551

20,343,834

19,679,953

20,363,248

Loan and leases loss allowance**

1,437,857

1,441,610

1,339,772

1,357,075

1,165,335

Total loans and leases

22,746,038

22,401,161

21,683,606

21,037,028

21,528,583

Unearned income

N/A

Loans and leases, gross

N/A

21,528,583

All real estate loans

N/A

10,463

13,232

Real estate loans in domestic offices

N/A

10,463

13,232

Construction and development loans

N/A

Residential 1-4 family construction

N/A

Other construction, all land development and other land

N/A

Secured by nonfarm nonresidential properties

N/A

Nonfarm nonresidential secured by owner-occupied properties

N/A

Commercial real estate other non-farm non-residential

N/A

Multifamily residential real estate

N/A

10,402

13,170

1-4 family residential loans

N/A

Farmland loans

N/A

Loans held in foreign offices

N/A

Farm loans

N/A

Commercial and industrial loans

N/A

Loans to individuals

22,722,744

22,379,609

21,660,880

21,017,989

21,506,640

Credit card loans

N/A

29,448

25,259

Related Plans

N/A

Consumer Loans - Auto

N/A

Other loans to individuals

22,722,744

22,379,609

21,660,880

20,988,541

21,481,381

All other loans & leases*

23,295

21,552

22,726

8,577

8,711

Loans to foreign governments and official institutions

N/A

Obligations of states and political subdivisions in U.S.

N/A

Other loans

N/A

8,711

Lease financing receivables

N/A

Loans to depository institutions and acceptances of other banks

N/A

Trading account assets

49,250

53,262

54,481

50,786

37,465

Bank premises and fixed assets

88,507

87,911

95,833

105,535

114,088

Other real estate owned

N/A

Direct and indirect investments in real estate

N/A

OREO: Real estate acquired

N/A

Other real estate owned: 1-4 family residential

N/A

Other Real Estate Owned: Multi-family residential

N/A

Other real estate owned: Commercial real estate

N/A

Other real estate owned:Construction & development

N/A

Other real estate owned: Farmland

N/A

Foreclosed properties from GNMA loans before June 2018

N/A

Other real estate owned in foreign offices

N/A

Goodwill and other intangibles

N/A

Goodwill

N/A

Mortgage servicing assets

N/A

All other assets

N/A

1,642,779

Liabilities and Capital

Total liabilities and capital

29,734,290

30,036,479

29,141,841

28,714,313

29,218,292

Total Liabilities

26,844,445

27,354,361

26,615,147

26,394,784

26,757,882

Total deposits

21,522,962

21,456,380

21,887,841

21,646,467

21,396,309

Deposits held in domestic offices

21,522,962

21,456,380

21,887,841

21,646,467

21,396,309

Individuals, partnerships, and corporations

N/A

21,396,309

U.S. Government

N/A

States and political subdivisions in the U.S.

N/A

Commercial banks and other depository institutions in U.S.

N/A

Banks in foreign countries

N/A

Foreign governments and official institutions

N/A

Deposits held in foreign offices

N/A

Deposits held in domestic offices

21,522,962

21,456,380

21,887,841

21,646,467

21,396,309

Transaction accounts

N/A

Nontransaction accounts

21,522,962

21,456,380

21,887,841

21,646,467

21,396,286

Money market deposit accounts (MMDAs)

10,467,591

9,970,101

10,492,931

11,175,478

11,041,710

Other savings deposits (excluding MMDAs)

1,177,415

945,851

946,546

984,170

960,575

Total time deposits

9,877,957

10,540,428

10,448,365

9,486,819

9,394,003

Federal funds purchased and repurchase agreements

N/A

Trading liabilities

N/A

N/A - idobrmtg

N/A

4,944,852

Subordinated debt

N/A

All other liabilities

N/A

416,721

Total equity capital

2,889,845

2,682,118

2,526,694

2,319,529

2,460,410

Bank equity capital

2,889,845

2,682,118

2,526,694

2,319,529

2,460,410

Perpetual preferred stock

N/A

Common stock

Surplus

2,019,180

1,994,390

1,969,293

1,944,330

1,921,983

Undivided profits

870,664

687,727

557,400

375,198

538,426

Equity, minor interest in consolidated subs

N/A

Memoranda

Noncurrent loans and leases

151,321

141,965

205,628

212,757

117,904

Income earned, not collected on loans

1,585,307

1,546,590

1,379,904

1,202,059

1,205,667

Earning assets

27,482,644

27,767,481

27,071,276

26,782,471

27,389,455

Long-term assets (5+ years)

18,400,169

17,627,217

14,343,490

11,316,908

10,085,203

Average total assets

29,574,502.4

29,235,464.4

28,812,802.4

28,638,373.2

29,670,648.8

Average assets, quarterly

29,676,771

29,988,574.5

29,146,561.5

28,837,405

28,979,354

Total risk weighted assets adjusted

26,422,709

26,104,537

24,566,016

23,511,531

23,473,321

Adjusted average assets for leverage capital purposes

29,658,380

30,337,637

29,605,314

29,632,007

29,970,191

Life insurance assets

N/A

General account life insurance assets

N/A

Separate account life insurance assets

N/A

Hybrid life insurance assets

N/A

Volatile liabilities

1,224,365

1,226,098

917,361

733,102

584,038

Insider loans

N/A

FHLB advances

N/A

Loans and leases held for sale

910,760

N/A

29,448

N/A

Unused loan commitments

2,463,807

2,341,463

2,256,122

2,162,787

1,876,325

Tier one (core) capital

2,929,972

2,957,067

3,019,973

3,040,662

3,314,657

Tier 2 Risk-based capital

344,910

337,596

314,167

297,983

95,526

Total unused commitments

2,463,807

2,341,463

2,256,122

2,162,787

1,876,325

Derivatives

573,112

920,617

1,906,092

2,842,846

6,589,856