Discover Bank

For information concerning Discover Bank, a subsidiary of Discover Bank, please see the Discover Bank page here.

Branches

Your current location is: New York, NY

Discover Bank Locations

Rates - November 15, 2019

Your current location is: New York, NY

Overview 2019

General Bank Information

FDIC Insured Yes
FDIC Certificate # 5649
Date Established 1911
Assets $109.01 billion
Loans $87.02 billion
Deposits $71.99 billion
Capital $11.16 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $11.83 billion
Interest-bearing balances $10.42 billion
Total securities $7.79 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $87.02 billion
Loan loss allowance $3.20 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 $1.97 billion
     Total Assets $97.86 billion

LIABILITIES
Total deposits $71.99 billion
      Interest-bearing deposits $71.26 billion
      Deposits held in domestic offices $71.99 billion
      % insured (estimated) 92.78%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $20.29 billion
Subordinated debt $1.70 billion
All other liabilities $3.88 billion
      Total Liabilities $97.86 billion
      Shareholders’ Equity $11.16 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $6.07 billion
Total Interest Expense $1.20 billion
Net interest income $4.87 billion
Provision for loan and lease losses $1.60 billion
Total non interest income $0.44 billion
Total non interest expense $1.85 billion
Pre-tax Net Operating Income $1.87 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 $109 billion in assets. Customers can open an account at one of its 2 branches.