CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 1,247,764	$ 1,918,793
Available-for-sale investments at fair value (cost of $236,018 and $211,406, respectively)	232,549	208,603
Loans held for investment (net of allowance for losses of $229,919 and $184,701, respectively)	18,040,465	15,137,922
Restricted cash and investments	66,625	53,717
Other interest-earning assets	31,303	49,114
Accrued interest receivable	1,019,735	766,106
Premises and equipment, net	88,975	87,063
Tax indemnification receivable	214,496	259,532
Other assets	74,258	52,153
Total assets	21,016,170	18,533,003
Liabilities
Deposits	15,034,052	13,435,667
Short-term borrowings	300,000	0
Long-term borrowings	2,738,662	2,167,979
Income taxes payable, net	96,404	184,324
Upromise member accounts	245,094	256,041
Other liabilities	180,118	141,934
Total liabilities	18,594,330	16,185,945
Commitments and contingencies
Equity
Common stock, par value $0.20 per share, 1.125 billion shares authorized: 442.3 million and 436.6 million shares issued, respectively	88,458	87,327
Additional paid-in capital	1,213,198	1,175,564
Accumulated other comprehensive loss (net of tax benefit of $2,720 and $5,364, respectively)	(4,417)	(8,671)
Retained earnings	824,316	595,322
Total SLM Corporation stockholders’ equity before treasury stock	2,521,555	2,414,542
Less: Common stock held in treasury at cost: 10.4 million and 7.7 million shares, respectively	(99,715)	(67,484)
Total equity	2,421,840	2,347,058
Total liabilities and equity	21,016,170	18,533,003
Series A Preferred Stock
Equity
Preferred stock value outstanding	0	165,000
Series B Preferred Stock
Equity
Preferred stock value outstanding	$ 400,000	$ 400,000