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Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Overview 2021
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 27314
Date Established
1988
Assets
$ 85.13 billion
Loans
$ 61.06 billion
Deposits
$ 66.48 billion
Capital
$ 9.67 billion
Summary Balance Sheet
ASSETS
Cash & Balances due from depository institutions
$ 10.57 billion
Interest-bearing balances
$ 10.31 billion
Total securities
$ 10.10 billion
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
$ 61.06 billion
Loan loss allowance
$ 9.44 billion
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
N.A.
Goodwill and other intangibles
$ 947.00 million
All other assets
$ 2.44 billion
Total Assets
$ 75.47 billion
LIABILITIES
Total deposits
$ 66.48 billion
Interest-bearing deposits
$ 66.18 billion
Deposits held in domestic offices
$ 66.48 billion
% insured (estimated)
88.45%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
$ 4.89 billion
Subordinated debt
N.A.
All other liabilities
$ 4.09 billionn
Total Liabilities
$ 75.47 billion
Shareholders’ Equity
$ 9.67 billion
Summary Income Statement
INCOME AND EXPENSES
Total Interest Income
$ 8.39 billion
Total Interest Expense
$ 1,041.00 million
Net interest income
$ 7.35 billion
Provision for loan and lease losses
$ 4.06 billion
Total non interest income
$ 633.00 million
Total non interest expense
$ 2.98 billion
Pre-tax Net Operating Income
$ 947.00 million
Synchrony Bank is an FDIC insured institution headquartered at
170 West Election Road, Suite 125, Draper, UT 84020.
It was founded in
1988 and has approximately $85 billion in
assets. Customers can open an account at one of its 5 branches.
