Call reports 2018
DISCOVER BANK — 2018
What DISCOVER BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 100,494,800,000 | 101,260,510,000 | 104,327,147,000 | 108,015,112,000 |
| Total loans | 82,725,748,000 | 84,770,384,000 | 86,872,224,000 | 90,498,193,000 |
| Allowance for loan losses | 2,727,874,000 | 2,821,075,000 | 2,919,867,000 | 3,038,993,000 |
| Securities available for sale | 1,339,455,000 | 1,295,514,000 | 1,558,792,000 | 3,133,217,000 |
| Securities held to maturity | 202,803,000 | 226,274,000 | 242,349,000 | 236,924,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,940,193,000 | 63,229,500,000 | 65,361,051,000 | 69,257,146,000 |
| Interest-bearing deposits | 62,304,525,000 | 62,565,697,000 | 64,664,856,000 | 68,522,217,000 |
| Noninterest-bearing deposits | 635,668,000 | 663,803,000 | 696,195,000 | 734,929,000 |
| Equity capital | 10,585,160,000 | 10,749,228,000 | 10,760,608,000 | 10,874,193,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,643,097,000 | 5,350,766,000 | 8,208,228,000 | 11,196,231,000 |
| Interest expense | 423,017,000 | 884,150,000 | 1,395,039,000 | 1,962,672,000 |
| Net interest income | 2,220,080,000 | 4,466,616,000 | 6,813,189,000 | 9,233,559,000 |
| Noninterest income | 225,779,000 | 446,237,000 | 683,691,000 | 925,236,000 |
| Noninterest expense | 861,973,000 | 1,761,400,000 | 2,666,206,000 | 3,597,770,000 |
| Provision for loan losses | 750,825,000 | 1,492,924,000 | 2,235,257,000 | 3,034,558,000 |
| Pretax income | 833,061,000 | 1,658,695,000 | 2,595,583,000 | 3,526,633,000 |
| Income tax | 192,114,000 | 389,869,000 | 631,662,000 | 849,153,000 |
| Net income | 640,947,000 | 1,268,826,000 | 1,963,921,000 | 2,677,480,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,562,956,000 | 10,718,343,000 | 10,728,499,000 | 10,834,417,000 |
| Total capital | 12,372,268,000 | 12,455,028,000 | 12,991,377,000 | 13,106,009,000 |
| Risk-weighted assets | 83,951,898,000 | 86,041,996,000 | 88,343,777,000 | 92,150,807,000 |