Discover Bank

Branches

Your current location is: New York, NY

Discover Bank Locations

Rates - March 24, 2019

Your current location is: New York, NY

Overview 2019

General Bank Information

FDIC Insured Yes
FDIC Certificate # 5649
Date Established 1911
Assets $104.33 billion
Loans $83.95 billion
Deposits $65.36 billion
Capital $10.76 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $16.38 billion
Interest-bearing balances $14.93 billion
Total securities $1.81 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $83.95 billion
Loan loss allowance $2.92 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.01 billion
All other assets $1.83 billion
     Total Assets $93.57 billion

LIABILITIES
Total deposits $65.36 billion
      Interest-bearing deposits $64.66 billion
      Deposits held in domestic offices $65.36 billion
      % insured (estimated) 93.00%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $22.74 billion
Subordinated debt $1.69 billion
All other liabilities $3.77 billion
      Total Liabilities $93.57 billion
      Shareholders’ Equity $10.76 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $8.21 billion
Total Interest Expense $1.40 billion
Net interest income $6.81 billion
Provision for loan and lease losses $2.24 billion
Total non interest income $0.68 billion
Total non interest expense $2.67 billion
Pre-tax Net Operating Income $2.60 billion

Discover Bank is an FDIC insured institution headquartered at 502 E. Market Street, Greenwood, DE 19950.
It was founded in 1911 and has approximately $104 billion in assets. Customers can open an account at one of its 2 branches.