Call reports 2003
DISCOVER BANK — 2003
What DISCOVER BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 19,305,732,000 | 19,305,036,000 | 18,517,022,000 | 19,107,128,000 |
| Total loans | 17,625,483,000 | 17,825,455,000 | 17,439,687,000 | 17,395,779,000 |
| Allowance for loan losses | 916,093,000 | 939,405,000 | 953,094,000 | 962,669,000 |
| Securities available for sale | 0 | 0 | 0 | 2,264,000 |
| Securities held to maturity | 8,438,000 | 8,001,000 | 9,611,000 | 12,212,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,580,518,000 | 13,645,663,000 | 13,663,986,000 | 13,490,177,000 |
| Interest-bearing deposits | 13,370,828,000 | 13,007,864,000 | 12,485,031,000 | 13,375,869,000 |
| Noninterest-bearing deposits | 209,690,000 | 637,799,000 | 1,178,955,000 | 114,308,000 |
| Equity capital | 3,137,895,000 | 3,012,255,000 | 2,851,313,000 | 2,790,915,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 497,883,000 | 1,025,714,000 | 1,512,766,000 | 2,008,404,000 |
| Interest expense | 177,087,000 | 342,994,000 | 502,117,000 | 654,673,000 |
| Net interest income | 320,796,000 | 682,720,000 | 1,010,649,000 | 1,353,731,000 |
| Noninterest income | 738,705,000 | 1,450,143,000 | 2,124,798,000 | 2,869,263,000 |
| Noninterest expense | 507,012,000 | 1,008,657,000 | 1,493,395,000 | 1,983,323,000 |
| Provision for loan losses | 316,191,000 | 612,492,000 | 910,436,000 | 1,204,958,000 |
| Pretax income | 236,298,000 | 511,714,000 | 731,567,000 | 1,034,664,000 |
| Income tax | 86,688,000 | 187,744,000 | 268,539,000 | 382,297,000 |
| Net income | 149,610,000 | 323,970,000 | 463,028,000 | 652,367,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,137,895,000 | 3,012,255,000 | 2,851,313,000 | 2,790,651,000 |
| Total capital | 3,505,573,000 | 3,385,079,000 | 3,213,732,000 | 3,153,779,000 |
| Risk-weighted assets | 23,830,181,000 | 24,497,720,000 | 23,968,625,000 | 24,164,604,000 |