Call reports 2020
DISCOVER BANK — 2020
What DISCOVER BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 111,140,060,000 | 112,234,107,000 | 122,784,439,000 | 111,335,503,000 |
| Total loans | 92,967,462,000 | 88,928,668,000 | 88,660,983,000 | 90,449,417,000 |
| Allowance for loan losses | 6,913,200,000 | 8,184,260,000 | 8,225,760,000 | 8,225,760,000 |
| Securities available for sale | 10,503,044,000 | 15,298,777,000 | 28,620,961,000 | 11,853,023,000 |
| Securities held to maturity | 279,257,000 | 283,776,000 | 280,989,000 | 260,406,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,885,786,000 | 80,184,695,000 | 80,737,187,000 | 79,655,267,000 |
| Interest-bearing deposits | 74,979,063,000 | 79,100,984,000 | 79,564,505,000 | 78,356,623,000 |
| Noninterest-bearing deposits | 906,723,000 | 1,083,711,000 | 1,172,682,000 | 1,298,644,000 |
| Equity capital | 9,155,256,000 | 8,797,869,000 | 9,538,054,000 | 10,188,252,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,075,740,000 | 5,820,092,000 | 8,581,927,000 | 11,435,902,000 |
| Interest expense | 540,172,000 | 972,307,000 | 1,337,767,000 | 1,670,760,000 |
| Net interest income | 2,535,568,000 | 4,847,785,000 | 7,244,160,000 | 9,765,142,000 |
| Noninterest income | 169,549,000 | 358,893,000 | 540,893,000 | 701,708,000 |
| Noninterest expense | 983,392,000 | 1,877,875,000 | 2,801,322,000 | 3,885,945,000 |
| Provision for loan losses | 1,838,466,000 | 3,876,519,000 | 4,585,272,000 | 5,116,592,000 |
| Pretax income | -116,741,000 | -547,716,000 | 398,459,000 | 1,464,313,000 |
| Income tax | -25,376,000 | -110,860,000 | 85,032,000 | 315,165,000 |
| Net income | -91,365,000 | -436,856,000 | 313,427,000 | 1,149,148,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,966,261,000 | 10,940,543,000 | 11,728,932,000 | 12,414,710,000 |
| Total capital | 13,094,983,000 | 13,029,376,000 | 13,837,513,000 | 14,507,231,000 |
| Risk-weighted assets | 93,847,669,000 | 89,590,033,000 | 91,303,904,000 | 90,178,965,000 |