Call reports 2023
DISCOVER BANK — 2023
What DISCOVER BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 130,915,333,000 | 135,865,624,000 | 141,454,600,000 | 149,498,941,000 |
| Total loans | 112,668,824,000 | 117,900,684,000 | 122,672,493,000 | 128,412,817,000 |
| Allowance for loan losses | 7,691,000,000 | 8,064,000,000 | 8,665,000,000 | 9,283,000,000 |
| Securities available for sale | 12,017,001,000 | 13,220,751,000 | 13,078,972,000 | 13,401,243,000 |
| Securities held to maturity | 230,884,000 | 245,426,000 | 256,849,000 | 252,642,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,492,071,000 | 101,207,168,000 | 106,805,364,000 | 112,624,604,000 |
| Interest-bearing deposits | 96,953,055,000 | 99,688,630,000 | 105,224,410,000 | 110,997,123,000 |
| Noninterest-bearing deposits | 1,539,016,000 | 1,518,538,000 | 1,580,954,000 | 1,627,481,000 |
| Equity capital | 11,307,485,000 | 11,514,825,000 | 11,678,644,000 | 12,339,722,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 4,215,119,000 | 8,645,393,000 | 13,402,869,000 | 18,433,014,000 |
| Interest expense | 938,884,000 | 2,040,492,000 | 3,302,634,000 | 4,667,825,000 |
| Net interest income | 3,276,235,000 | 6,604,901,000 | 10,100,235,000 | 13,765,189,000 |
| Noninterest income | 202,702,000 | 499,406,000 | 740,866,000 | 991,245,000 |
| Noninterest expense | 1,236,635,000 | 2,458,849,000 | 3,753,971,000 | 5,331,058,000 |
| Provision for loan losses | 1,135,393,000 | 2,432,416,000 | 4,102,938,000 | 6,019,441,000 |
| Pretax income | 1,139,909,000 | 2,238,042,000 | 2,978,192,000 | 3,406,935,000 |
| Income tax | 266,730,000 | 523,113,000 | 696,193,000 | 802,673,000 |
| Net income | 873,179,000 | 1,714,929,000 | 2,281,999,000 | 2,604,262,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,427,966,000 | 12,869,716,000 | 13,136,787,000 | 13,459,050,000 |
| Total capital | 15,273,588,000 | 15,777,884,000 | 16,013,851,000 | 16,409,211,000 |
| Risk-weighted assets | 115,356,831,000 | 119,693,756,000 | 124,453,987,000 | 129,763,889,000 |