Discover Bank


Your current location is: New York, NY

Discover Bank Locations

Rates - December 11, 2018

Your current location is: New York, NY

Overview 2018

General Bank Information

FDIC Insured Yes
FDIC Certificate # 5649
Date Established 1911
Assets $101.26 billion
Loans $81.95 billion
Deposits $63.23 billion
Capital $10.75 billion

Summary Balance Sheet

Cash & Balances due from depository institutions $15.65 billion
Interest-bearing balances $14.60 billion
Total securities $1.57 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $81.95 billion
Loan loss allowance $2.82 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 $1.74 billion
     Total Assets $90.51 billion

Total deposits $63.23 billion
      Interest-bearing deposits $62.57 billion
      Deposits held in domestic offices $63.23 billion
      % insured (estimated) 93.04%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $22.50 billion
Subordinated debt $1.20 billion
All other liabilities $3.59 billion
      Total Liabilities $90.51 billion
      Shareholders’ Equity $10.75 billion

Summary Income Statement

Total Interest Income $5.35 billion
Total Interest Expense $0.88 billion
Net interest income $4.47 billion
Provision for loan and lease losses $1.49 billion
Total non interest income $0.45 billion
Total non interest expense $1.76 billion
Pre-tax Net Operating Income $1.66 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 $101 billion in assets. Customers can open an account at one of its 2 branches.