Call reports 2009
DISCOVER BANK — 2009
What DISCOVER BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 37,526,840,000 | 37,081,015,000 | 39,910,765,000 | 65,845,028,000 |
| Total loans | 28,039,460,000 | 27,992,829,000 | 23,516,804,000 | 52,356,013,000 |
| Allowance for loan losses | 1,971,301,000 | 1,967,254,000 | 1,713,130,000 | 3,855,191,000 |
| Securities available for sale | 9,017,873,000 | 4,967,581,000 | 1,983,146,000 | 2,106,619,000 |
| Securities held to maturity | 85,200,000 | 84,287,000 | 2,382,185,000 | 81,225,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,298,902,000 | 29,095,445,000 | 30,199,415,000 | 33,547,226,000 |
| Interest-bearing deposits | 27,207,962,000 | 29,016,086,000 | 30,107,612,000 | 33,449,335,000 |
| Noninterest-bearing deposits | 90,940,000 | 79,359,000 | 91,803,000 | 97,891,000 |
| Equity capital | 4,999,330,000 | 5,500,090,000 | 6,578,435,000 | 5,242,519,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 858,685,000 | 1,768,468,000 | 2,558,449,000 | 3,586,441,000 |
| Interest expense | 283,581,000 | 559,634,000 | 854,824,000 | 1,181,895,000 |
| Net interest income | 575,104,000 | 1,208,834,000 | 1,703,625,000 | 2,404,546,000 |
| Noninterest income | 679,162,000 | 1,382,914,000 | 2,314,871,000 | 2,885,693,000 |
| Noninterest expense | 510,271,000 | 1,016,545,000 | 1,503,878,000 | 2,031,995,000 |
| Provision for loan losses | 850,969,000 | 1,410,461,000 | 1,660,304,000 | 2,330,104,000 |
| Pretax income | -108,606,000 | 155,688,000 | 845,260,000 | 924,499,000 |
| Income tax | -39,276,000 | 59,551,000 | 345,448,000 | 381,537,000 |
| Net income | -69,330,000 | 96,137,000 | 499,812,000 | 542,962,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,027,845,000 | 5,511,455,000 | 6,592,886,000 | 5,224,917,000 |
| Total capital | 5,575,496,000 | 6,256,940,000 | 7,534,537,000 | 6,879,467,000 |
| Risk-weighted assets | 39,685,610,000 | 32,305,107,000 | 52,285,626,000 | 51,332,746,000 |