Call reports 2024
DISCOVER BANK — 2024
What DISCOVER BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 150,317,141,000 | 148,675,327,000 | 149,329,747,000 | 145,453,245,000 |
| Total loans | 126,556,948,000 | 127,651,668,000 | 126,995,899,000 | 121,121,978,000 |
| Allowance for loan losses | 9,258,000,000 | 8,481,000,000 | 8,512,000,000 | 8,323,000,000 |
| Securities available for sale | 13,261,075,000 | 13,241,322,000 | 15,324,342,000 | 19,780,795,000 |
| Securities held to maturity | 260,800,000 | 266,397,000 | 275,180,000 | 271,213,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,886,215,000 | 112,081,206,000 | 114,517,386,000 | 112,460,408,000 |
| Interest-bearing deposits | 112,185,041,000 | 110,350,734,000 | 112,798,821,000 | 110,662,859,000 |
| Noninterest-bearing deposits | 1,701,174,000 | 1,730,472,000 | 1,718,565,000 | 1,797,549,000 |
| Equity capital | 12,978,765,000 | 14,448,440,000 | 14,537,980,000 | 14,022,045,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 5,099,389,000 | 10,226,480,000 | 15,503,073,000 | 20,643,486,000 |
| Interest expense | 1,425,308,000 | 2,838,109,000 | 4,268,101,000 | 5,608,712,000 |
| Net interest income | 3,674,081,000 | 7,388,371,000 | 11,234,972,000 | 15,034,774,000 |
| Noninterest income | 283,781,000 | 668,074,000 | 1,017,809,000 | 1,712,098,000 |
| Noninterest expense | 1,347,534,000 | 2,800,960,000 | 4,397,155,000 | 5,987,599,000 |
| Provision for loan losses | 1,530,877,000 | 2,277,390,000 | 3,749,559,000 | 4,951,743,000 |
| Pretax income | 1,113,451,000 | 3,019,095,000 | 4,147,067,000 | 5,847,833,000 |
| Income tax | 270,366,000 | 700,625,000 | 1,054,593,000 | 1,467,101,000 |
| Net income | 843,085,000 | 2,318,470,000 | 3,092,474,000 | 4,380,732,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,727,728,000 | 15,203,113,000 | 14,877,118,000 | 14,665,375,000 |
| Total capital | 16,573,988,000 | 18,051,902,000 | 17,611,463,000 | 17,310,571,000 |
| Risk-weighted assets | 129,389,600,000 | 130,478,185,000 | 128,323,751,000 | 121,934,962,000 |