Sallie Mae 2012 Annual Report Download - page 153
Download and view the complete annual report
Please find page 153 of the 2012 Sallie Mae annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143 -
144 -
145 -
146 -
147 -
148 -
149 -
150 -
151 -
152 -
153 -
154 -
155 -
156 -
157 -
158 -
159 -
160 -
161 -
162 -
163 -
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
 |
 |
SLM CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
6. Borrowings (Continued)
Short-term Borrowings
Short-term borrowings have a remaining term to maturity of one year or less. The following tables
summarize outstanding short-term borrowings (secured and unsecured), the weighted average interest rates at the
end of each period, and the related average balances and weighted average interest rates during the periods. Rates
reflect stated interest of borrowings and related discounts and premiums.
December 31, 2012 Year Ended December 31, 2012
(Dollars in millions) Ending Balance
Weighted Average
Interest Rate Average Balance
Weighted Average
Interest Rate
Brokered deposits ............. $ 979 3.24% $ 1,077 3.10%
Retail and other deposits ....... 3,247 .84 2,460 .85
FHLB-DM Facility ........... 2,100 .33 1,481 .34
ED Conduit Program Facility . . . 9,551 .81 16,118 .82
FFELP ABCP Facility ......... — — 7 .95
Senior unsecured debt ......... 2,369 4.24 2,214 4.49
Other interest bearing
liabilities .................. 1,610 .31 1,474 .21
Total short-term borrowings .... $19,856 1.25% $24,831 1.19%
Maximum outstanding at any
month end ................. $29,160
December 31, 2011 Year Ended December 31, 2011
(Dollars in millions) Ending Balance
Weighted Average
Interest Rate Average Balance
Weighted Average
Interest Rate
Brokered deposits ............. $ 1,733 2.80% $ 1,489 3.17%
Retail and other deposits ....... 2,123 1.00 1,684 1.11
FHLB-DM Facility ........... 1,210 .24 893 .25
ED Conduit Program Facility . . . 21,313 .67 22,869 .75
FFELP ABCP Facility ......... — — 221 1.01
Senior unsecured debt ......... 1,865 4.37 3,070 2.97
Other interest bearing
liabilities .................. 1,329 .04 1,187 .10
Total short-term borrowings .... $29,573 1.01% $31,413 1.06%
Maximum outstanding at any
month end ................. $33,100
F-43