CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Assets
Cash and cash equivalents	$ 1,281,797	$ 2,359,780
Available-for-sale investments at fair value (cost of $190,249 and $167,740, respectively)	190,944	168,934
Loans held for investment (net of allowance for losses of $104,203 and $83,842, respectively)	11,909,148	9,509,786
Restricted cash and investments	25,605	4,804
Other interest-earning assets	47,604	72,479
Accrued interest receivable	634,423	469,697
Premises and equipment, net	80,224	78,470
Acquired intangible assets, net	2,115	3,225
Tax indemnification receivable	200,704	240,311
Other assets	77,980	64,757
Total assets	14,450,544	12,972,243
Liabilities
Deposits	10,610,879	10,540,555
Short-term borrowings	710,005	0
Long-term borrowings	593,687	0
Income taxes payable, net	117,531	191,499
Upromise related liabilities	283,688	293,004
Other liabilities	137,420	117,227
Total liabilities	$ 12,453,210	$ 11,142,285
Commitments and contingencies
Equity
Common stock, par value $0.20 per share, 1.125 billion shares authorized: 430 million and 425 million shares issued, respectively	$ 86,075	$ 84,961
Additional paid-in capital	1,128,494	1,090,511
Accumulated other comprehensive loss (net of tax benefit of $14,847 and $7,186, respectively)	(23,515)	(11,393)
Retained earnings	281,761	113,066
Total SLM Corporation stockholders' equity before treasury stock	2,037,815	1,842,145
Less: Common stock held in treasury at cost: 4 million and 1 million shares, respectively	(40,481)	(12,187)
Total equity	1,997,334	1,829,958
Total liabilities and equity	14,450,544	12,972,243
Series A Preferred Stock
Equity
Preferred stock value outstanding	165,000	165,000
Series B Preferred Stock
Equity
Preferred stock value outstanding	$ 400,000	$ 400,000