Discover Bank
Greenwood, DE — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Discover Bank | All Insured Commercial Banks in Delaware |
Interest and Fees on Loans | 8,781,052 | 1,001,614 |
Income from Lease Financing Receivables | — | 23,544 |
— | 31,054 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 15,927 |
Income on Loans and Leases (TE) | 8,781,052 | 1,041,085 |
Investment Interest Income (TE) | 39,336 | 251,880 |
Total Interest Income (TE) | 8,881,210 | 1,321,383 |
Total Interest Expense | 1,249,784 | 162,492 |
Net Interest Income (TE) | 7,631,426 | 1,158,891 |
Non-Interest Income | 983,548 | 571,941 |
Adjusted Operating Income (TE) | 8,614,974 | 1,730,832 |
Non-interest Expense | 3,192,911 | 1,180,879 |
Provision for Loan & Lease Losses | 1,858,346 | 91,751 |
Pretax Operating Income (TE) | 3,563,717 | 458,202 |
Pretax Net Operating Income (TE) | 3,564,562 | 463,389 |
Applicable Income Taxes | 1,254,886 | 110,984 |
Net Operating Income | 2,309,596 | 332,010 |
Net Income | 2,309,596 | 318,459 |
Cash Dividends Declared | 1,800,000 | 204,476 |
Retained Earnings | 509,596 | 113,982 |