Call reports 2016
DISCOVER BANK — 2016
What DISCOVER BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 86,810,738,000 | 86,231,646,000 | 89,341,398,000 | 91,146,995,000 |
| Total loans | 70,300,714,000 | 71,903,311,000 | 73,529,887,000 | 77,236,124,000 |
| Allowance for loan losses | 1,903,915,000 | 1,931,207,000 | 2,007,015,000 | 2,151,027,000 |
| Securities available for sale | 3,695,178,000 | 2,413,208,000 | 2,450,787,000 | 1,701,547,000 |
| Securities held to maturity | 131,021,000 | 156,512,000 | 157,873,000 | 151,633,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,546,641,000 | 50,491,767,000 | 51,220,422,000 | 53,900,805,000 |
| Interest-bearing deposits | 50,103,526,000 | 50,050,081,000 | 50,735,818,000 | 53,358,276,000 |
| Noninterest-bearing deposits | 443,115,000 | 441,686,000 | 484,604,000 | 542,529,000 |
| Equity capital | 10,031,380,000 | 10,204,822,000 | 10,313,432,000 | 10,437,410,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,145,864,000 | 4,295,631,000 | 6,549,695,000 | 8,881,130,000 |
| Interest expense | 301,331,000 | 606,310,000 | 924,330,000 | 1,249,784,000 |
| Net interest income | 1,844,533,000 | 3,689,321,000 | 5,625,365,000 | 7,631,346,000 |
| Noninterest income | 262,974,000 | 504,969,000 | 751,903,000 | 983,548,000 |
| Noninterest expense | 792,704,000 | 1,609,565,000 | 2,412,249,000 | 3,192,911,000 |
| Provision for loan losses | 423,020,000 | 833,876,000 | 1,278,543,000 | 1,858,346,000 |
| Pretax income | 891,783,000 | 1,750,849,000 | 2,686,476,000 | 3,564,482,000 |
| Income tax | 331,077,000 | 599,376,000 | 936,327,000 | 1,254,886,000 |
| Net income | 560,706,000 | 1,151,473,000 | 1,750,149,000 | 2,309,596,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,060,866,000 | 10,236,688,000 | 10,335,418,000 | 10,449,917,000 |
| Total capital | 12,007,741,000 | 12,093,268,000 | 12,213,507,000 | 12,333,732,000 |
| Risk-weighted assets | 73,451,102,000 | 74,137,887,000 | 75,790,391,000 | 79,324,015,000 |