Discover Bank
For information concerning Discover Bank, a subsidiary
of Discover Bank, please see the
Discover Bank page here.
Branches
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Your current location is: Connecticut, Fairfield
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Discover Bank Locations
Rates - July 11, 2020
Your current location is: Connecticut, Fairfield
Overview 2020
General Bank Information
| FDIC Insured | Yes |
| FDIC Certificate | # 5649 |
| Date Established | 1911 |
| Assets | $ 111.14 billion |
| Loans | $ 86.05 billion |
| Deposits | $ 75.89 billion |
| Capital | $ 9.16 billion |
Summary Balance Sheet
| ASSETS | |
| Cash & Balances due from depository institutions | $ 9.85 billion |
| Interest-bearing balances | $ 8.74 billion |
| Total securities | $ 11.97 billion |
| Federal funds sold and reverse repurchase | N.A. |
| Net loans and leases | $ 86.05 billion |
| Loan loss allowance | $ 6.91 billion |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | $ 0.10 million |
| Goodwill and other intangibles | $ 2.40 million |
| All other assets | $ 2.89 billion |
| Total Assets | $ 101.98 billion |
| LIABILITIES | |
| Total deposits | $ 75.89 billion |
| Interest-bearing deposits | $ 74.98 billion |
| Deposits held in domestic offices | $ 75.89 billion |
| % insured (estimated) | 92.42% |
| Federal funds purchased and repurchase agreements | N.A. |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 21.45 billion |
| Subordinated debt | $ 1,518.69 million |
| All other liabilities | $ 3.13 billionn |
| Total Liabilities | $ 101.98 billion |
| Shareholders’ Equity | $ 9.16 billion |
Summary Income Statement
| INCOME AND EXPENSES | |
| Total Interest Income | $ 3.08 billion |
| Total Interest Expense | $ 540.17 million |
| Net interest income | $ 2.54 billion |
| Provision for loan and lease losses | $ 1,838.47 million |
| Total non interest income | $ 169.55 million |
| Total non interest expense | $ 983.39 million |
| Pre-tax Net Operating Income | N.A. |
Discover Bank is an FDIC insured institution headquartered at
502 E. Market Street, Greenwood, DE 19950.
It was founded in
1911 and has approximately $111 billion in
assets. Customers can open an account at one of its 2 branches.