Call reports 2007
DISCOVER BANK — 2007
What DISCOVER BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 25,683,710,000 | 26,216,905,000 | 30,672,586,000 | 30,700,142,000 |
| Total loans | 21,109,673,000 | 20,262,132,000 | 20,775,193,000 | 24,841,592,000 |
| Allowance for loan losses | 629,138,000 | 651,324,000 | 646,741,000 | 786,750,000 |
| Securities available for sale | 2,073,000 | 1,928,000 | 121,730,000 | 109,497,000 |
| Securities held to maturity | 72,525,000 | 71,871,000 | 79,662,000 | 78,722,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,063,168,000 | 20,343,620,000 | 24,503,861,000 | 25,370,500,000 |
| Interest-bearing deposits | 19,972,436,000 | 20,255,962,000 | 24,402,584,000 | 25,271,647,000 |
| Noninterest-bearing deposits | 90,732,000 | 87,658,000 | 101,277,000 | 98,853,000 |
| Equity capital | 3,552,536,000 | 3,657,319,000 | 3,562,168,000 | 3,385,832,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 587,015,000 | 1,256,895,000 | 1,911,764,000 | 2,630,281,000 |
| Interest expense | 235,798,000 | 517,544,000 | 811,643,000 | 1,132,962,000 |
| Net interest income | 351,217,000 | 739,351,000 | 1,100,121,000 | 1,497,319,000 |
| Noninterest income | 686,670,000 | 1,396,469,000 | 2,132,368,000 | 3,000,933,000 |
| Noninterest expense | 538,739,000 | 1,122,215,000 | 1,721,158,000 | 2,715,251,000 |
| Provision for loan losses | 96,963,000 | 285,855,000 | 436,518,000 | 756,470,000 |
| Pretax income | 402,185,000 | 727,750,000 | 1,074,809,000 | 1,015,123,000 |
| Income tax | 148,581,000 | 269,094,000 | 398,167,000 | 393,967,000 |
| Net income | 253,604,000 | 458,656,000 | 676,642,000 | 621,156,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,552,489,000 | 3,234,940,000 | 3,133,780,000 | 3,277,160,000 |
| Total capital | 3,929,501,000 | 3,628,281,000 | 3,546,207,000 | 3,721,077,000 |
| Risk-weighted assets | 25,512,901,000 | 27,321,764,000 | 29,608,450,000 | 32,276,334,000 |