Discover 2011 Annual Report Download - page 60
Download and view the complete annual report
Please find page 60 of the 2011 Discover annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50 -
51 -
52 -
53 -
54 -
55 -
56 -
57 -
58 -
59 -
60 -
61 -
62 -
63 -
64 -
65 -
66 -
67 -
68 -
69 -
70 -
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
 |
 |
48
Loan Receivables Data and Reconciliation
Total Loan Receivables
Loan portfolio
GAAP
Adjustments for Statement No. 167
Non-GAAP As-Adjusted
Loan receivables
GAAP
Adjustments for Statement No. 167
Non-GAAP As-Adjusted
Allowance for loan losses (beginning of period)
GAAP
Adjustments for Statement No. 167
Non-GAAP As-Adjusted
Provision for loan losses
GAAP
Adjustments for Statement No. 167
Non-GAAP As-Adjusted
Charge-offs
GAAP
Adjustments for Statement No. 167
Non-GAAP As-Adjusted
Recoveries
GAAP
Adjustments for Statement No. 167
Non-GAAP As-Adjusted
Net charge-offs
GAAP
Adjustments for Statement No. 167
Non-GAAP As-Adjusted
Allowance for loan losses (end of period)
GAAP
Adjustments for Statement No. 167
Non-GAAP As-Adjusted
Net charge-offs %
GAAP
Adjustments for Statement No. 167
Non-GAAP As-Adjusted
As of and for the Year Ended November 30,
2009
(dollars in thousands)
$ 23,625,084
27,229,062
$ 50,854,146
$ 23,625,084
27,229,062
$ 50,854,146
$ 1,374,585
1,379,772
$ 2,754,357
$ 2,362,405
2,760,625
$ 5,123,030
$ (2,165,653)
(2,208,036)
$ (4,373,689)
$ 186,562
212,100
$ 398,662
$ (1,979,091)
(1,995,936)
$ (3,975,027)
$ 1,757,899
2,144,461
$ 3,902,360
7.45%
0.32
7.77%
2008
$ 25,216,611
25,878,667
$ 51,095,278
$ 25,216,611
25,878,667
$ 51,095,278
$ 759,925
971,730
$ 1,731,655
$ 1,595,615
1,881,029
$ 3,476,644
$ (1,147,241)
(1,713,409)
$ (2,860,650)
$ 166,286
240,422
$ 406,708
$ (980,955)
(1,472,987)
$ (2,453,942)
$ 1,374,585
1,379,772
$ 2,754,357
4.59%
0.42
5.01%
2007
$ 20,831,117
27,349,319
$ 48,180,436
$ 20,831,117
27,349,319
$ 48,180,436
$ 703,917
928,374
$ 1,632,291
$ 733,887
1,162,866
$ 1,896,753
$ (839,092)
(1,366,949)
$ (2,206,041)
$ 161,213
247,439
$ 408,652
$ (677,879)
(1,119,510)
$ (1,797,389)
$ 759,925
971,730
$ 1,731,655
3.40%
0.43
3.83%
Table of Contents