Total Assets
$29.7B
Total balance-sheet footings
FDIC Cert #58177 · Salt Lake City, Utah · Est. 2005
Sallie Mae Bank - FDIC Bank Health Profile
One of the largest FDIC-insured institutions in the country, drawn straight from its quarterly Call Report to BankFind Suite.
- $29.7B
- Total assets
- A
- Health grade · Excellent
- 2.90%
- Return on assets
- 11.1%
- Tier 1 capital
Data updated July 2026
The verdict
Sallie Mae Bank earns a PlainBankData health grade of A (88/100), with well-capitalized at 11.09% Tier 1, profitable at 2.90% ROA, efficient (29% cost ratio).
- #73
- largest of 4,313 FDIC banks by assets
- 98th
- percentile by asset size, nationally
- 11.09%
- Tier 1 ratio - above the 10% well-capitalized line
- 98th
- percentile for profitability (ROA), nationally
The grade above reflects PlainBankData's own read of the bank's regulatory filings, not an FDIC judgment, deposit coverage stays at $250,000 per depositor, per category, unaffected by it.
How Sallie Mae Bank's 88/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Sallie Mae Bank's composite health score
Tier 1 Capital Ratio (11.09%) 28/40
Return on Assets (ROA) (2.90%) 25/25
Texas Ratio (3.50%) 20/20
Efficiency Ratio (28.58%) 15/15
88 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$21.5B
Customer-funded liabilities
Net Loans
$21.3B
Outstanding loan book
Net Income
$857M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Sallie Mae Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Sallie Mae Bank's score of 88/100 falls in the highlighted band.
Sallie Mae Bank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Sallie Mae Bank's $29.7B falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
11.09% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
11.09%
Texas Ratio
3.50%
Equity Capital
$2.9B
Profitability metrics
Return on Assets (ROA)
98th percentile nationally
2.90%
Return on Equity (ROE)
29.63%
Efficiency Ratio
28.58%
What the numbers say about Sallie Mae Bank
Sallie Mae Bank is an FDIC-insured institution (Certificate #58177) headquartered in Salt Lake City, Utah, established in 2005. It holds $29.7B in total assets - 73rd of 4,313 FDIC-insured banks, $21.5B in customer deposits, and $21.3B in net loans. Its capital position: a Tier 1 ratio of 11.09%, meeting the 10% federal well-capitalized bar, alongside a Texas Ratio of 3.50% that is well inside the healthy sub-50% band. That combination rolls up into a PlainBankData health grade of A (88 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
Nationally, Sallie Mae Bank sits in the top decile of all FDIC-insured institutions by asset size (73rd of 4,313), and within Utah it ranks 8th of 42 state-chartered and national banks headquartered there. The next-largest bank in the state by assets is Optum Bank, Inc., at $20.8B. A bank of this scale carries systemic weight in its market -- its lending and deposit decisions move local credit availability in a way a community-scale institution's simply cannot.
Income & expense breakdown
$2.6B
Interest Income
$501M
Non-Interest Income
$587M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Sallie Mae Bank reports a Texas Ratio of 3.50% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
3.50% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Utah by total assets
National size peers: banks closest to Sallie Mae Bank by assets
Measured strictly by total assets rather than geography, Sallie Mae Bank's closest national peers include Eastern Bank, Texas Capital Bank, BNY Mellon, City National Bank of Florida, spanning 6 different states -- a reminder that at this scale, competition and comparison happen nationally, not just within Utah. Averaged across this asset-matched cohort, return on assets runs 0.84% (Sallie Mae Bank is above that at 2.90%), the efficiency ratio averages 60.80% (Sallie Mae Bank runs leaner at 28.58%), and Tier 1 capital averages 12.98% (Sallie Mae Bank holds less at 11.09%). None of this cohort competes on branch count alone -- balance-sheet scale, funding mix, and regulatory capital posture are the metrics that actually separate similarly-sized institutions.
At $29.7B in assets, Sallie Mae Bank has crossed the $10 billion threshold at which the CFPB takes over direct supervision for consumer-protection compliance under Dodd-Frank Act Section 1025, rather than leaving that oversight solely to the bank's primary prudential regulator.
| Bank | State | Assets | ROA | Efficiency | Tier 1 |
|---|---|---|---|---|---|
| Sallie Mae Bank (this bank) | UT | $29.7B | 2.90% | 28.58% | 11.09% |
| Eastern Bank | MA | $30.6B | 0.39% | 54.83% | 12.41% |
| Texas Capital Bank | TX | $31.3B | 1.10% | 57.52% | 13.01% |
| BNY Mellon, National Association | PA | $31.3B | 0.94% | 66.72% | 14.35% |
| City National Bank of Florida | FL | $28.0B | 0.96% | 48.16% | 14.38% |
| United Community Bank | SC | $27.9B | 1.19% | 53.77% | 12.34% |
| Arvest Bank | AR | $27.8B | 0.49% | 83.77% | 11.41% |
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Sallie Mae Bank (FDIC Cert #58177) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Utah
All Utah banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Morgan Stanley Bank, National AssociationSalt Lake City | $253.3B | A | 1.86% |
| American Express National BankSandy | $211.3B | A | 3.89% |
| Ally BankSandy | $184.6B | A | 0.91% |
| UBS Bank USASalt Lake City | $119.3B | A | 1.13% |
| Synchrony BankDraper | $112.1B | A | 2.89% |
| Zions Bancorporation, N.A.Salt Lake City | $89.0B | B | 1.01% |
| SoFi Bank, National AssociationCottonwood Heights | $46.6B | A | 1.96% |
| Optum Bank, Inc.Draper | $20.8B | A | 2.69% |
Frequently asked questions
What is Sallie Mae Bank's health grade?▼
Sallie Mae Bank receives a health grade of A (88/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is Sallie Mae Bank?▼
Sallie Mae Bank holds $29.7B in total assets and $21.5B in deposits, ranking 73rd of 4,313 FDIC-insured banks by asset size. It is headquartered in Salt Lake City, Utah.
Is my money safe at Sallie Mae Bank?▼
Yes, deposits at Sallie Mae Bank (Certificate #58177) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Sallie Mae Bank's Tier 1 Capital Ratio?▼
Sallie Mae Bank has a Tier 1 Capital Ratio of 11.09%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for Sallie Mae Bank?▼
Sallie Mae Bank has a Texas Ratio of 3.50%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Sallie Mae Bank?▼
Sallie Mae Bank has an Efficiency Ratio of 28.58%. Under the 60% mark counts as efficient, more of every revenue dollar reaches the bottom line. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Sallie Mae Bank's profile as a depositor or analyst.
- Sallie Mae Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Sallie Mae Bank against other Utah banks before moving funds. Utah banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.