Call reports 2004
DISCOVER BANK — 2004
What DISCOVER BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 15,850,591,000 | 17,544,248,000 | 18,852,407,000 | 22,030,199,000 |
| Total loans | 14,803,609,000 | 16,501,262,000 | 17,738,261,000 | 20,485,702,000 |
| Allowance for loan losses | 960,329,000 | 913,225,000 | 911,340,000 | 909,772,000 |
| Securities available for sale | 2,655,000 | 2,106,000 | 2,356,000 | 2,618,000 |
| Securities held to maturity | 11,286,000 | 10,403,000 | 9,789,000 | 9,290,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,766,367,000 | 10,890,881,000 | 12,895,015,000 | 15,144,472,000 |
| Interest-bearing deposits | 11,150,280,000 | 10,753,369,000 | 12,125,860,000 | 13,252,581,000 |
| Noninterest-bearing deposits | 616,087,000 | 137,512,000 | 769,155,000 | 1,891,891,000 |
| Equity capital | 2,800,102,000 | 2,976,030,000 | 2,972,597,000 | 2,908,806,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 419,831,000 | 847,980,000 | 1,328,131,000 | 1,809,970,000 |
| Interest expense | 139,610,000 | 269,586,000 | 401,315,000 | 538,036,000 |
| Net interest income | 280,221,000 | 578,394,000 | 926,816,000 | 1,271,934,000 |
| Noninterest income | 749,183,000 | 1,405,134,000 | 2,117,176,000 | 2,821,594,000 |
| Noninterest expense | 499,182,000 | 980,345,000 | 1,497,155,000 | 2,027,774,000 |
| Provision for loan losses | 239,269,000 | 434,540,000 | 651,239,000 | 877,302,000 |
| Pretax income | 290,953,000 | 568,643,000 | 895,589,000 | 1,188,443,000 |
| Income tax | 106,925,000 | 208,332,000 | 328,873,000 | 433,681,000 |
| Net income | 184,028,000 | 360,311,000 | 566,716,000 | 754,762,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,799,680,000 | 2,975,963,000 | 2,972,368,000 | 2,908,414,000 |
| Total capital | 3,124,970,000 | 3,314,415,000 | 3,322,228,000 | 3,291,350,000 |
| Risk-weighted assets | 20,165,732,000 | 21,649,914,000 | 23,049,343,000 | 26,730,013,000 |