BBVA USA Bancshares, Inc. [Rocket]

In millions, except per share items	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14	Dec-31-13
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Interest income on loans	2,656.8	3,097.6	2,914.3	2,447.3	2,236.9	2,162.1	2,086.1	2,111.2
Interest income on trading account						50.9	7.7	3.0
Total interest income	2,981.0	3,558.7	3,265.3	2,766.6	2,530.5	2,438.3	2,314.0	2,323.3
Interest on deposits	357.1	778.2	517.3	299.3	304.6	274.5	251.9	212.1
Total interest expense	470.5	951.6	658.7	436.5	462.8	425.3	328.5	280.6
Net interest income	2,510.5	2,607.0	2,606.6	2,330.2	2,067.7	2,013.0	1,985.5	2,042.7
Provision for loan losses	966.1	597.4	365.4	287.7	302.6	193.6	106.3	107.5
Net interest income after provision for loan losses	1,544.4	2,009.6	2,241.2	2,042.5	1,765.1	1,819.3	1,879.2	1,935.1
Deposit and loan fees						216.2	222.7	221.4
Credit and debit card fees						112.8	107.9	102.2
Gain on sale of investments, net		1.2				83.3	53.6	42.3
Other non-interest income	1,192.7	1,134.8	1,056.9	1,046.0	1,056.0	667.0	623.6	488.8
Total non-interest income	1,192.7	1,135.9	1,056.9	1,046.0	1,056.0	1,079.4	1,007.8	854.8
Non-interest expenses	4,561.7	2,866.1	2,350.0	2,311.6	2,303.5	2,214.9	2,246.9	2,199.2
Asset impairment	2,185.0	470.0			59.9	17.0	12.5
Pre-tax income	-1,824.7	279.5	948.1	776.9	517.5	683.9	640.1	590.8
Income taxes	37.0	126.0	184.7	316.1	146.0	176.5	155.8	170.8
Tax rate		45.1%	19.5%	40.7%	28.2%	25.8%	24.3%	28.9%
Minority interest	2.0	2.3	2.0	2.0	2.0	2.2	2.0	2.1
Net income	-1,878.3	133.1	744.4	443.9	355.8	505.1	482.4	417.8
Net margin	-68.6%	4.2%	22.6%	14.4%	12.6%	17.4%	16.7%	15.0%



EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.