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Synchrony Bank
Synchrony Bank
RSSD ID 1216022 | CERTIFICATE 27314 | ABA NUMBER 124085008 |
170 W Election Rd |
Quarter Ended : |
2025-06-30 |
Draper, Utah, 84020 |
Updated : |
2025-07-30 |
www.synchronybank.com |
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Institution Profile |
Year Opened : |
1988 |
Institution Type : |
Savings bank |
Entity Type : |
Federal |
Federal Regulator : |
OCC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
031 |
Foreign Offices : |
Yes |
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Specialization : |
Credit-card Specialization |
Number of Offices : |
2 |
Number of Employees : |
10,327 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 113,897,000 |
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Total Interest Income | 8,880,000 |
Total Liabilities | 99,266,000 |
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Total NonInterest Income | 377,000 |
Total Bank Equity Capital | 14,631,000 |
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Total Interest Expense | 2,042,000 |
Domestic Deposits | 84,798,000 |
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Total NonInterest Expense | 2,536,000 |
Total Deposits | 84,798,000 |
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Net Income | 1,537,000 |
Net Loans & Leases | 85,861,000 |
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Net Charge Offs | 2,928,000 |
Loan Loss Allowance | 10,269,000 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 15,927,000 |
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Total loans | 95,364,000 |
Total assets for the leverage ratio | 112,695,000 |
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Loans secured by real estate: | 36,000 |
Leverage ratio | 12.29 |
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Commercial and industrial loans | 1,900,000 |
Tier 1 Capital Ratio | 14.29 |
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Loans to individuals - Credit Cards | 87,606,000 |
Total Capital Ratio | 16.42 |
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Loans to individuals - Other | 5,692,000 |
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