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Annual report for the year ended 2025-12-31. These are reported annual figures, not trailing twelve-month estimates.
Federal law permits a state-chartered savings bank to engage, through financial subsidiaries, in any activity in which a national bank may engage through a financial subsidiary and on substantially the same terms and conditions. In general, the law permits a national bank that is well-capitalized and well-managed to conduct, through a financial subsidiary, any activity permitted for a financial holding company other than insurance underwriting, insurance investments, real estate investment or development or merchant banking. The total assets of all such financial subsidiaries may not exceed the lesser of 45% of the bank’s total assets or $50 billion.
Excerpt from Item 1 — Business; filed 2026-02-27. May be shortened.
Source: SEC Company Facts. Checked 2026-09-28. Data is refreshed in the background. Missing or ambiguous figures are left unavailable.
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