Call reports 2002
DISCOVER BANK — 2002
What DISCOVER BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 20,950,252,000 | 19,939,936,000 | 21,737,656,000 | 24,051,676,000 |
| Total loans | 19,428,474,000 | 18,606,191,000 | 20,467,858,000 | 22,601,727,000 |
| Allowance for loan losses | 840,468,000 | 866,221,000 | 891,622,000 | 893,964,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 10,505,000 | 10,307,000 | 9,527,000 | 9,249,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 12,942,924,000 | 13,457,275,000 | 13,106,189,000 | 14,201,636,000 |
| Interest-bearing deposits | 12,111,149,000 | 13,257,484,000 | 12,926,366,000 | 13,151,926,000 |
| Noninterest-bearing deposits | 831,775,000 | 199,791,000 | 179,823,000 | 1,049,710,000 |
| Equity capital | 2,892,244,000 | 2,961,676,000 | 3,179,681,000 | 3,188,286,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 530,607,000 | 1,123,008,000 | 1,759,246,000 | 2,352,651,000 |
| Interest expense | 193,658,000 | 382,149,000 | 574,721,000 | 763,683,000 |
| Net interest income | 336,949,000 | 740,859,000 | 1,184,525,000 | 1,588,968,000 |
| Noninterest income | 697,768,000 | 1,364,071,000 | 2,074,340,000 | 2,832,602,000 |
| Noninterest expense | 462,552,000 | 938,310,000 | 1,429,440,000 | 1,942,461,000 |
| Provision for loan losses | 334,659,000 | 659,476,000 | 976,663,000 | 1,280,261,000 |
| Pretax income | 237,506,000 | 507,144,000 | 852,762,000 | 1,198,848,000 |
| Income tax | 88,006,000 | 187,201,000 | 314,156,000 | 441,285,000 |
| Net income | 149,500,000 | 319,943,000 | 538,606,000 | 757,563,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,888,715,000 | 2,959,157,000 | 3,177,821,000 | 3,188,285,000 |
| Total capital | 3,183,493,000 | 3,244,488,000 | 3,486,891,000 | 3,608,506,000 |
| Risk-weighted assets | 21,538,344,000 | 20,593,912,000 | 22,549,872,000 | 29,563,643,000 |