Call reports 2011
DISCOVER BANK — 2011
What DISCOVER BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 63,339,641,000 | 62,915,596,000 | 66,771,588,000 | 67,778,524,000 |
| Total loans | 51,617,278,000 | 52,922,820,000 | 56,202,125,000 | 58,758,613,000 |
| Allowance for loan losses | 2,987,398,000 | 2,432,087,000 | 2,336,552,000 | 2,245,002,000 |
| Securities available for sale | 7,280,232,000 | 6,471,353,000 | 6,580,960,000 | 6,561,430,000 |
| Securities held to maturity | 51,576,000 | 50,159,000 | 46,678,000 | 97,436,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,160,789,000 | 35,340,039,000 | 39,235,715,000 | 39,601,637,000 |
| Interest-bearing deposits | 34,963,544,000 | 35,150,513,000 | 39,080,064,000 | 39,469,669,000 |
| Noninterest-bearing deposits | 197,245,000 | 189,526,000 | 155,651,000 | 131,968,000 |
| Equity capital | 6,370,576,000 | 6,762,752,000 | 6,838,803,000 | 6,948,298,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,631,250,000 | 3,254,322,000 | 4,932,474,000 | 6,659,097,000 |
| Interest expense | 358,971,000 | 696,717,000 | 1,027,987,000 | 1,356,073,000 |
| Net interest income | 1,272,279,000 | 2,557,605,000 | 3,904,487,000 | 5,303,024,000 |
| Noninterest income | 314,194,000 | 668,107,000 | 1,022,529,000 | 1,377,026,000 |
| Noninterest expense | 551,517,000 | 1,129,838,000 | 1,718,392,000 | 2,312,039,000 |
| Provision for loan losses | 361,803,000 | 345,693,000 | 677,364,000 | 978,716,000 |
| Pretax income | 673,295,000 | 1,750,323,000 | 2,531,402,000 | 3,389,437,000 |
| Income tax | 261,625,000 | 637,799,000 | 934,748,000 | 1,235,480,000 |
| Net income | 411,670,000 | 1,112,524,000 | 1,596,654,000 | 2,153,957,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,379,549,000 | 6,730,807,000 | 6,765,340,000 | 6,872,369,000 |
| Total capital | 8,262,860,000 | 8,621,561,000 | 8,694,619,000 | 8,835,865,000 |
| Risk-weighted assets | 52,740,682,000 | 53,888,187,000 | 57,093,538,000 | 59,946,089,000 |