Discover Bank

Branches

Your current location is: New York, NY

Discover Bank Locations

Rates - August 20, 2019

Your current location is: New York, NY

Overview 2019

General Bank Information

FDIC Insured Yes
FDIC Certificate # 5649
Date Established 1911
Assets $109.05 billion
Loans $85.59 billion
Deposits $70.85 billion
Capital $10.99 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $15.91 billion
Interest-bearing balances $14.67 billion
Total securities $5.26 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $85.59 billion
Loan loss allowance $3.13 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 $1.90 billion
     Total Assets $98.06 billion

LIABILITIES
Total deposits $70.85 billion
      Interest-bearing deposits $70.12 billion
      Deposits held in domestic offices $70.85 billion
      % insured (estimated) 93.09%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $21.44 billion
Subordinated debt $1.70 billion
All other liabilities $4.07 billion
      Total Liabilities $98.06 billion
      Shareholders’ Equity $10.99 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $3.02 billion
Total Interest Expense $0.59 billion
Net interest income $2.42 billion
Provision for loan and lease losses $0.81 billion
Total non interest income $0.19 billion
Total non interest expense $0.90 billion
Pre-tax Net Operating Income $0.91 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.