Call reports 2014
DISCOVER BANK — 2014
What DISCOVER BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 78,100,381,000 | 77,443,259,000 | 79,117,948,000 | 81,661,915,000 |
| Total loans | 63,646,868,000 | 65,685,061,000 | 67,162,735,000 | 69,810,566,000 |
| Allowance for loan losses | 1,572,518,000 | 1,596,110,000 | 1,628,708,000 | 1,729,501,000 |
| Securities available for sale | 4,607,490,000 | 4,104,305,000 | 4,013,627,000 | 3,951,094,000 |
| Securities held to maturity | 61,792,000 | 69,586,000 | 81,123,000 | 100,937,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,988,947,000 | 44,462,480,000 | 45,394,841,000 | 46,104,300,000 |
| Interest-bearing deposits | 44,799,846,000 | 44,238,833,000 | 45,164,996,000 | 45,786,956,000 |
| Noninterest-bearing deposits | 189,101,000 | 223,647,000 | 229,845,000 | 317,344,000 |
| Equity capital | 9,203,964,000 | 9,342,599,000 | 9,508,277,000 | 9,493,089,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,898,981,000 | 3,824,617,000 | 5,817,230,000 | 7,859,296,000 |
| Interest expense | 241,063,000 | 483,521,000 | 737,495,000 | 1,002,606,000 |
| Net interest income | 1,657,918,000 | 3,341,096,000 | 5,079,735,000 | 6,856,690,000 |
| Noninterest income | 267,741,000 | 592,970,000 | 883,775,000 | 975,963,000 |
| Noninterest expense | 664,446,000 | 1,340,325,000 | 2,042,240,000 | 2,782,511,000 |
| Provision for loan losses | 270,321,000 | 629,735,000 | 986,857,000 | 1,440,926,000 |
| Pretax income | 995,022,000 | 1,968,136,000 | 2,938,529,000 | 3,613,332,000 |
| Income tax | 379,300,000 | 731,278,000 | 1,089,307,000 | 1,323,976,000 |
| Net income | 615,722,000 | 1,236,858,000 | 1,849,222,000 | 2,289,356,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,166,491,000 | 9,307,701,000 | 9,470,139,000 | 9,470,335,000 |
| Total capital | 10,705,158,000 | 10,864,008,000 | 11,044,465,000 | 11,039,691,000 |
| Risk-weighted assets | 66,552,540,000 | 67,949,703,000 | 69,368,599,000 | 72,093,123,000 |