Call reports 2008
DISCOVER BANK — 2008
What DISCOVER BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 31,123,609,000 | 30,501,647,000 | 32,935,658,000 | 36,276,270,000 |
| Total loans | 20,406,719,000 | 21,016,334,000 | 23,270,615,000 | 29,518,949,000 |
| Allowance for loan losses | 816,088,000 | 818,289,000 | 1,028,063,000 | 1,592,665,000 |
| Securities available for sale | 485,838,000 | 661,801,000 | 790,421,000 | 868,299,000 |
| Securities held to maturity | 77,542,000 | 76,980,000 | 86,512,000 | 86,125,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,307,672,000 | 24,456,103,000 | 27,166,650,000 | 28,954,773,000 |
| Interest-bearing deposits | 25,221,128,000 | 24,372,501,000 | 27,062,900,000 | 28,816,542,000 |
| Noninterest-bearing deposits | 86,544,000 | 83,602,000 | 103,750,000 | 138,231,000 |
| Equity capital | 3,489,909,000 | 3,685,250,000 | 3,727,100,000 | 3,845,305,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 622,253,000 | 1,247,233,000 | 1,963,109,000 | 2,772,840,000 |
| Interest expense | 302,912,000 | 582,312,000 | 873,700,000 | 1,191,650,000 |
| Net interest income | 319,341,000 | 664,921,000 | 1,089,409,000 | 1,581,190,000 |
| Noninterest income | 889,816,000 | 1,657,379,000 | 2,371,613,000 | 3,490,205,000 |
| Noninterest expense | 555,313,000 | 1,106,434,000 | 1,684,481,000 | 2,220,415,000 |
| Provision for loan losses | 241,149,000 | 474,511,000 | 945,537,000 | 1,842,275,000 |
| Pretax income | 411,504,000 | 708,891,000 | 793,218,000 | 958,414,000 |
| Income tax | 152,223,000 | 265,401,000 | 287,797,000 | 315,549,000 |
| Net income | 223,439,000 | 414,111,000 | 475,747,000 | 600,645,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,487,372,000 | 3,668,826,000 | 3,728,601,000 | 3,872,129,000 |
| Total capital | 3,906,778,000 | 4,092,223,000 | 4,171,586,000 | 4,370,862,000 |
| Risk-weighted assets | 29,033,265,000 | 29,095,694,000 | 30,896,770,000 | 36,216,431,000 |