XML 94 R49.htm IDEA: XBRL DOCUMENT v3.20.1
Allowance for Loan Losses - Age Analysis of Past Due Loans Delinquencies (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Jan. 01, 2020
Mar. 31, 2019
Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Private Education Loans allowance for losses $ 1,673,324 $ 441,912 $ 441,912 $ 358,325 $ 341,121
Loans held for investment, net $ 21,695,851 $ 24,667,792      
Percentage of Private Education Loans in repayment, 2020 55.30% 58.20%      
Percentage of Private Education Loans in repayment, 2019 58.50% 65.40%      
Percentage of Private Education Loans in repayment, 2018 65.10% 71.20%      
Percentage of Private Education Loans in repayment, 2017 69.40% 77.20%      
Percentage of Private Education Loans in repayment, 2016 74.80% 82.20%      
Percentage of Private Education Loans in repayment, 2015 and prior 81.10% 85.40%      
Percentage of Private Education Loans in repayment 69.30% 72.40%      
Delinquencies as a percentage of Private Education Loans in repayment, 2020 0.30% 0.60%      
Delinquencies as a percentage of Private Education Loans in repayment, 2019 0.70% 1.20%      
Delinquencies as a percentage of Private Education Loans in repayment, 2018 2.10% 2.40%      
Delinquencies as a percentage of Private Education Loans in repayment, 2017 3.40% 3.20%      
Delinquencies as a percentage of Private Education Loans in repayment, 2016 4.00% 4.00%      
Delinquencies as a percentage of Private Education Loans in repayment, 2015 and prior 5.00% 5.00%      
Delinquencies as a percentage of Private Education Loans in repayment 3.20% 2.80%      
Loans in forbearance as a percentage of loans in repayment and forbearance, 2020 0.90% 0.90%      
Loans in forbearance as a percentage of loans in repayment and forbearance, 2019 1.70% 3.30%      
Loans in forbearance as a percentage of loans in repayment and forbearance, 2018 5.50% 4.80%      
Loans in forbearance as a percentage of loans in repayment and forbearance, 2017 7.50% 5.20%      
Loans in forbearance as a percentage of loans in repayment and forbearance, 2016 8.20% 5.20%      
Loans in forbearance as a percentage of loans in repayment and forbearance, 2015 and prior 8.30% 4.70%      
Loans in forbearance as a percentage of loans in repayment and forbearance 6.20% 4.10%      
Student Loan | Consumer Portfolio Segment          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
2020 $ 454,436        
2019 3,020,099 $ 2,340,221      
2018 2,422,162 3,159,878      
2017 2,162,435 2,781,132      
2016 1,999,047 2,566,815      
2015 and Prior 4,458,032 2,225,721      
2014 and Prior   3,241,884      
Total 14,516,211 16,315,651      
Total Private Education Loans in repayment, 2020 455,960 2,355,395      
Total Private Education Loans in repayment, 2019 3,042,613 3,199,351      
Total Private Education Loans in repayment, 2018 2,473,820 2,850,380      
Total Private Education Loans in repayment, 2017 2,238,329 2,651,946      
Total Private Education Loans in repayment, 2016 2,082,582 2,317,788      
Total Private Education Loans in repayment, 2015 and prior 4,695,041 3,412,810      
Total Private Education Loans in repayment 14,988,345 16,787,670      
Total Private Education Loans, gross, 2020 824,430 4,047,048      
Total Private Education Loans, gross, 2019 5,203,123 4,888,373      
Total Private Education Loans, gross, 2018 3,800,248 4,003,485      
Total Private Education Loans, gross, 2017 3,223,127 3,433,858      
Total Private Education Loans, gross, 2016 2,784,550 2,821,172      
Total Private Education Loans, gross, 2015 and prior 5,791,269 3,995,655      
Total Private Education Loans, gross 21,626,747 23,189,591      
Private Education Loans deferred origination costs and unamortized premium/(discount), 2020 4,958 23,661      
Private Education Loans deferred origination costs and unamortized premium/(discount), 2019 20,484 17,699      
Private Education Loans deferred origination costs and unamortized premium/(discount), 2018 12,515 13,843      
Private Education Loans deferred origination costs and unamortized premium/(discount), 2017 9,491 12,304      
Private Education Loans deferred origination costs and unamortized premium/(discount), 2016 7,960 8,564      
Private Education Loans deferred origination costs and unamortized premium/(discount), 2015 9,859 5,153      
Private Education Loans deferred origination costs and unamortized premium/(discount), Total 65,267 81,224      
Total Private Education Loans, 2020 829,388 4,070,709      
Total Private Education Loans, 2019 5,223,607 4,906,072      
Total Private Education Loans, 2018 3,812,763 4,017,328      
Total Private Education Loans, 2017 3,232,618 3,446,162      
Total Private Education Loans, 2016 2,792,510 2,829,736      
Total Private Education Loans, 2015 and Prior 5,801,128 4,000,808      
Total Private Education Loans 21,692,014 23,270,815      
Private Education Loans allowance for losses, 2020 59,208 3,013      
Private Education Loans allowance for losses, 2019 369,890 19,105      
Private Education Loans allowance for losses, 2018 275,259 44,858      
Private Education Loans allowance for losses, 2017 234,085 71,598      
Private Education Loans allowance for losses, 2016 195,324 80,974      
Private Education Loans allowance for losses, 2015 and prior 382,015 154,752      
Private Education Loans allowance for losses 1,515,781 374,300      
Private Education Loans, net, 2020 770,180 4,067,696      
Private Education Loans, net, 2019 4,853,717 4,886,967      
Private Education Loans, net, 2018 3,537,504 3,972,470      
Private Education Loans, net, 2017 2,998,533 3,374,564      
Private Education Loans, net, 2016 2,597,186 2,748,762      
Private Education Loans, net, 2015 and prior 5,419,113 3,846,056      
Loans held for investment, net 20,176,233 22,896,515      
Current period gross charge-offs, 2020 0 1,697      
Current period gross charge-offs, 2019 1,597 14,650      
Current period gross charge-offs, 2018 5,241 29,119      
Current period gross charge-offs, 2017 8,136 40,576      
Current period gross charge-offs, 2015 and prior 0 69      
Financing Receivable, Allowance for Credit Loss, Recovery, Originated In Fiscal Year Before Latest Fiscal Year 92 1,016      
Current period recoveries, 2018 599 2,622      
Financing Receivable, Allowance for Credit Loss, Recovery, Originated Three Years Before Current Fiscal Year 1,080 4,431      
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery, Originated In Current Fiscal Year 0 1,628      
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery, Originated In Fiscal Year Before Latest Fiscal Year 1,505 13,634      
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery, Originated Two Years Before Current Fiscal Year 4,642 26,497      
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery, Originated Three Years Before Current Fiscal Year 7,056 36,145      
Current period gross charge-offs, 2016 10,284 41,141      
Financing Receivable, Allowance for Credit Loss, Recovery, Originated Four Years Before Current Fiscal Year 1,505 5,175      
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery, Originated Four Years Before Current Fiscal Year 8,779 35,966      
Student Loan | Consumer Portfolio Segment | Loan delinquency 31-60 days          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
2020 1,524        
2019 15,771 11,152      
2018 27,690 26,096      
2017 40,349 44,382      
2016 43,630 51,656      
2015 and Prior 125,661 54,559      
2014 and Prior   100,206      
Total 254,625 288,051      
Student Loan | Consumer Portfolio Segment | Loan delinquency 61-90          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
2020 0        
2019 4,760 3,087      
2018 15,016 9,527      
2017 22,286 17,048      
2016 24,645 21,161      
2015 and Prior 69,189 24,562      
2014 and Prior   45,917      
Total 135,896 121,302      
Student Loan | Consumer Portfolio Segment | Loan delinquency greater than 90 days          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
2020 0        
2019 1,983 935      
2018 8,952 3,850      
2017 13,259 7,818      
2016 15,260 12,314      
2015 and Prior 42,159 12,946      
2014 and Prior   24,803      
Total 81,613 62,666      
Student Loan | Loans In-School/Grace/Deferment | Consumer Portfolio Segment          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
2020 364,100        
2019 2,109,092 1,670,644      
2018 1,181,737 1,580,513      
2017 804,181 1,010,764      
2016 515,606 635,798      
2015 and Prior 673,761 375,585      
2014 and Prior   414,101      
Total 5,648,477 5,687,405      
Student Loan | Loans In Forbearance | Consumer Portfolio Segment          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
2020 4,370        
2019 51,418 21,009      
2018 144,691 108,509      
2017 180,617 142,341      
2016 186,362 146,114      
2015 and Prior 422,467 127,799      
2014 and Prior   168,744      
Total 989,925 714,516      
Personal Loans          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Total 899,704 1,049,007      
Private Education Loans allowance for losses 152,673 65,877 $ 65,877    
Loans held for investment, net 747,444 983,643      
Personal Loans | Consumer Portfolio Segment          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
2020 40        
2019 346,123 400,216      
2018 433,664 522,778      
2017 76,188 99,581      
2016 787 942      
2015 and Prior 856,802        
Total Private Education Loans in repayment, 2020 40 404,776      
Total Private Education Loans in repayment, 2019 352,469 540,784      
Total Private Education Loans in repayment, 2018 448,556 102,464      
Total Private Education Loans in repayment, 2017 78,335 983      
Total Private Education Loans in repayment, 2016 787        
Total Private Education Loans in repayment 880,187 1,049,007      
Total Private Education Loans, gross, 2020 40 404,776      
Total Private Education Loans, gross, 2019 364,849 540,784      
Total Private Education Loans, gross, 2018 455,693 102,464      
Total Private Education Loans, gross, 2017 78,335 983      
Total Private Education Loans, gross, 2016 787        
Total Private Education Loans, gross 899,704 1,049,007      
Private Education Loans deferred origination costs and unamortized premium/(discount), 2020 0 380      
Private Education Loans deferred origination costs and unamortized premium/(discount), 2019 335 133      
Private Education Loans deferred origination costs and unamortized premium/(discount), 2018 78 0      
Private Education Loans deferred origination costs and unamortized premium/(discount), 2017 0 0      
Private Education Loans deferred origination costs and unamortized premium/(discount), 2016 0        
Private Education Loans deferred origination costs and unamortized premium/(discount), Total 413 513      
Total Private Education Loans, 2020 40 405,156      
Total Private Education Loans, 2019 365,184 540,917      
Total Private Education Loans, 2018 455,771 102,464      
Total Private Education Loans, 2017 78,335 983      
Total Private Education Loans, 2016 787        
Total Private Education Loans 900,117 1,049,520      
Private Education Loans allowance for losses, 2020 6 21,589      
Private Education Loans allowance for losses, 2019 51,280 37,492      
Private Education Loans allowance for losses, 2018 89,194 6,722      
Private Education Loans allowance for losses, 2017 12,110 74      
Private Education Loans allowance for losses, 2016 83        
Private Education Loans allowance for losses 152,673 65,877      
Private Education Loans, net, 2020 34 383,567      
Private Education Loans, net, 2019 313,904 503,425      
Private Education Loans, net, 2018 366,577 95,742      
Private Education Loans, net, 2017 66,225 909      
Private Education Loans, net, 2016 704        
Loans held for investment, net $ 747,444 $ 983,643      
Percentage of Private Education Loans in repayment, 2020 0.00% 1.10%      
Percentage of Private Education Loans in repayment, 2019 1.80% 3.30%      
Percentage of Private Education Loans in repayment, 2018 3.30% 2.80%      
Percentage of Private Education Loans in repayment, 2017 2.70% 4.20%      
Percentage of Private Education Loans in repayment, 2016 0.00%        
Percentage of Private Education Loans in repayment 2.60% 2.40%      
Loans current, percentage 97.40% 97.60%      
Loans In Repayment In Percentage 100.00% 100.00%      
Loans current   $ 1,023,517      
Personal Loans | Consumer Portfolio Segment | Loan delinquency 31-60 days          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
2020 $ 0        
2019 3,321 2,164      
2018 7,448 6,213      
2017 810 1,045      
2016 0 $ 13      
2015 and Prior $ 11,579        
Loans delinquent 1.30% 0.90%      
Loans delinquent   $ 9,435      
Personal Loans | Consumer Portfolio Segment | Loan delinquency 61-90          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
2020 $ 0        
2019 991 1,074      
2018 2,663 5,148      
2017 701 943      
2016 0 $ 7      
2015 and Prior $ 4,355        
Loans delinquent 0.50% 0.70%      
Loans delinquent   $ 7,172      
Personal Loans | Consumer Portfolio Segment | Loan delinquency greater than 90 days          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
2020 $ 0        
2019 2,034 1,322      
2018 4,781 6,645      
2017 636 895      
2016 0 $ 21      
2015 and Prior $ 7,451        
Loans delinquent 0.80% 0.80%      
Loans delinquent   $ 8,883      
Personal Loans | Loans In Forbearance | Consumer Portfolio Segment          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
2020 $ 0        
2019 12,380 0      
2018 7,137 0      
2017 0 0      
2016 0 0      
2015 and Prior $ 19,517        
Total   $ 0