Sallie Mae Bank: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 5.09% (2Q26), against the 2.50% a bank must hold above each risk-based minimum to pay dividends and discretionary bonuses without limits. The buffer is the smallest of the three cushions over the minimums; here the binding ratio is Total capital. The bank clears the requirement. Filed figure: 5.09% (RCOAH311).
What each ratio is made of, 2Q26
Open a ratio to see its numerator and denominator as filed, our recomputation, and how far it sits above each regulatory line.
Common equity Tier 1 ratio 11.78% +5.28 pp over well capitalized
Common equity Tier 1 is the loss-absorbing core: common stock, retained earnings and most of accumulated other comprehensive income, less goodwill, intangibles and other deductions. It is measured against risk-weighted assets.
| Common equity Tier 1 capital | $2.95B | 2,951,103 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $25.04B | 25,041,677 | RCOAA223 |
| Recomputed ratio | 11.78% | numerator / denominator | |
| Filed ratio | 11.78% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +5.28 pp | $1.32B | capital that could be lost first |
Tier 1 risk-based capital ratio 11.78% +3.78 pp over well capitalized
Tier 1 adds additional Tier 1 instruments, such as qualifying noncumulative perpetual preferred stock, to common equity Tier 1. Measured against risk-weighted assets.
| Tier 1 capital | $2.95B | 2,951,103 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $25.04B | 25,041,677 | RCOAA223 |
| Recomputed ratio | 11.78% | numerator / denominator | |
| Filed ratio | 11.78% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +3.78 pp | $947.8M | capital that could be lost first |
Total risk-based capital ratio 13.09% +3.09 pp over well capitalized
Total capital adds Tier 2, mostly qualifying subordinated debt and the allowance for credit losses up to 1.25% of risk-weighted assets, to Tier 1. Measured against risk-weighted assets.
| Total capital | $3.28B | 3,277,883 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $25.04B | 25,041,677 | RCOAA223 |
| Recomputed ratio | 13.09% | numerator / denominator | |
| Filed ratio | 13.09% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +3.09 pp | $773.7M | capital that could be lost first |
Tier 1 leverage ratio 10.17% +5.17 pp over well capitalized
Tier 1 capital over average total assets for the quarter, with no risk weighting. It caps how far a bank can grow on low-risk-weight assets.
| Tier 1 capital | $2.95B | 2,951,103 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $29.03B | 29,027,315 | RCOAA224 |
| Recomputed ratio | 10.17% | numerator / denominator | |
| Filed ratio | 10.17% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +5.17 pp | $1.50B | capital that could be lost first |
Amounts in the middle column are thousands of dollars as filed. Ratios are the standardized column of Schedule RC-R Part I.
The capital stack, $ thousands
From common equity to total capital, then the denominators the ratios divide by. Negatives in parentheses.
| Line | 2Q26 | 1Q26 | 4Q25 | 3Q25 | 2Q25 | 1Q25 | Source |
|---|---|---|---|---|---|---|---|
| Common stock plus related surplus, net of treasury stock | 2,035,977 | 2,029,196 | 2,019,181 | 2,014,248 | 2,009,335 | 2,004,083 | RCOAP742 |
| Retained earnings | 915,126 | 1,029,948 | 910,792 | 1,049,060 | 990,833 | 988,285 | RCOAKW00 |
| Accumulated other comprehensive income | (43,790) | (38,049) | (40,128) | (45,167) | (60,833) | (55,631) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 2,907,313 | 3,021,095 | 2,889,845 | 3,018,141 | 2,939,335 | 2,936,737 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | 43,790 | 38,048 | 40,127 | 45,167 | 60,832 | 55,631 | P859 - P840 |
| Common equity Tier 1 capital | 2,951,103 | 3,059,143 | 2,929,972 | 3,063,308 | 3,000,167 | 2,992,368 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 2,951,103 | 3,059,143 | 2,929,972 | 3,063,308 | 3,000,167 | 2,992,368 | RCOA8274 |
| Tier 2 capital | 326,780 | 323,065 | 344,910 | 355,615 | 341,770 | 337,117 | RCOA5311 |
| Allowance includable in Tier 2 capital | 326,780 | 323,065 | 344,910 | 355,615 | 341,770 | 337,117 | RCOA5310 |
| Total capital | 3,277,883 | 3,382,208 | 3,274,882 | 3,418,923 | 3,341,937 | 3,329,485 | RCOA3792 |
| Total risk-weighted assets | 25,041,677 | 24,753,631 | 26,422,709 | 27,172,481 | 26,152,770 | 25,830,324 | RCOAA223 |
| Average total assets for the leverage ratio | 29,027,315 | 29,626,716 | 29,658,380 | 29,446,982 | 29,372,235 | 29,643,615 | RCOAA224 |
Risk-weighted assets by exposure category, 2Q26
Each category's exposure is filed across the risk-weight columns of Schedule RC-R Part II; its risk-weighted assets are each allocation times its weight. The average risk weight says how much capital a dollar of that exposure consumes.
| Category | Exposure | Risk-weighted | Avg weight | Share of RWA | Source |
|---|---|---|---|---|---|
| Cash and balances due | $4.78B | $95.0M | 1.99% | 0.36% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $1.03B | $109.9M | 10.71% | 0.42% | RC-R Part II, item 2.a, 2.b |
| Loans: past due and nonaccrual | $136.4M | $204.7M | 150.00% | 0.78% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $20.98B | $20.98B | 100.00% | 80.27% | RC-R Part II, item 4.d, 5.d |
| All other assets | $2.24B | $2.76B | 123.27% | 10.56% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $359.2M | $359.2M | 100.00% | 1.37% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Derivatives (over the counter and centrally cleared) | $83K | $3K | 4.00% | 0.00% | RC-R Part II, item 20, 21 |
| Market risk and other approaches | NA | $1.63B | NA | 6.23% | RC-R Part II, item 27 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $24.51B | ties to item 31 ($24.51B) |
|---|---|---|
| Risk-weighted assets before deductions | $26.14B | RCONB704 |
| Less: excess allowance for credit losses | $1.10B | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $25.04B | RCONG641, ties |
12 quarters against the asset-tier median
| Quarter | Framework | CET1 | Tier 1 | Total capital | Leverage | Tier median CET1 | Tier median Tier 1 | Tier median Total capital | Tier median Leverage |
|---|---|---|---|---|---|---|---|---|---|
| 2Q26 | Risk-based | 11.78% | 11.78% | 13.09% | 10.17% | 12.98% | 12.99% | 14.14% | 10.25% |
| 1Q26 | Risk-based | 12.36% | 12.36% | 13.66% | 10.33% | 13.06% | 13.07% | 14.31% | 10.26% |
| 4Q25 | Risk-based | 11.09% | 11.09% | 12.39% | 9.88% | 13.15% | 13.20% | 14.60% | 10.03% |
| 3Q25 | Risk-based | 11.27% | 11.27% | 12.58% | 10.40% | 13.29% | 13.29% | 14.49% | 10.31% |
| 2Q25 | Risk-based | 11.47% | 11.47% | 12.78% | 10.21% | 13.11% | 13.11% | 14.41% | 10.16% |
| 1Q25 | Risk-based | 11.58% | 11.58% | 12.89% | 10.09% | 13.16% | 13.16% | 14.34% | 10.10% |
| 4Q24 | Risk-based | 11.33% | 11.33% | 12.62% | 9.75% | 13.15% | 13.15% | 14.49% | 10.29% |
| 3Q24 | Risk-based | 11.58% | 11.58% | 12.88% | 10.07% | 13.25% | 13.25% | 14.44% | 10.08% |
| 2Q24 | Risk-based | 13.40% | 13.40% | 14.68% | 10.82% | 13.08% | 13.08% | 14.24% | 10.10% |
| 1Q24 | Risk-based | 12.26% | 12.26% | 13.55% | 10.17% | 12.76% | 12.76% | 13.98% | 9.86% |
| 4Q23 | Risk-based | 12.29% | 12.29% | 13.57% | 10.20% | 12.58% | 12.58% | 13.79% | 9.79% |
| 3Q23 | Risk-based | 11.65% | 11.65% | 12.93% | 10.07% | 12.66% | 12.67% | 13.78% | 9.78% |
NA means not filed for that quarter: a community bank leverage ratio filer files no risk-based ratios. Tier medians are the served benchmark for banks in the same asset tier.
Against similar banks, 2Q26
| Bank | Assets | Framework | CET1 | Tier 1 | Total capital | Leverage |
|---|---|---|---|---|---|---|
| Sallie Mae Bank (this bank) | Risk-based | 11.78% | 11.78% | 13.09% | 10.17% | |
| Ameris Bank | $28.42B | Risk-based | 13.01% | 13.01% | 14.27% | 11.41% |
| Axos Bank | $28.87B | Risk-based | 10.93% | 10.93% | 12.10% | 9.24% |
| United Community Bank | $28.99B | Risk-based | 12.09% | 12.09% | 12.93% | 9.52% |
| Arvest Bank | $28.05B | Risk-based | 11.45% | 11.45% | 12.48% | 9.11% |
| City National Bank of Florida | $29.11B | Risk-based | 14.65% | 14.65% | 15.75% | 11.38% |
| WesBanco Bank, Inc. | $27.75B | Risk-based | 12.24% | 12.24% | 13.28% | 10.25% |
| WaFd Bank | $27.58B | Risk-based | 12.95% | 12.95% | 14.14% | 9.21% |
| Renasant Bank | $26.99B | Risk-based | 12.41% | 12.41% | 13.67% | 10.72% |
| Charles Schwab Premier Bank, SSB | $26.58B | Risk-based | 49.32% | 49.32% | 49.32% | 10.90% |
| Peer 25th percentile | 12.09% | 12.09% | 12.93% | 9.24% | ||
| Peer median | 12.41% | 12.41% | 13.67% | 10.25% | ||
| Peer 75th percentile | 13.01% | 13.01% | 14.27% | 10.90% | ||
| This bank's percentile | 22 | 22 | 33 | 44 |
Peer ratios use the same basis as this bank: the standardized column of Schedule RC-R where served, the filed summary otherwise. Similar banks are the nearest banks by size in the same asset tier.
Source: FFIEC Call Report Schedule RC-R, Parts I and II, as filed. Well capitalized means at least 6.5% CET1, 8% Tier 1, 10% total capital and 5% leverage under the prompt corrective action rules; a community bank leverage ratio filer must instead hold the leverage ratio its framework requires. The same figures are in the API at /api/v1/banks/3394278/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.