Capital One 1997 Annual Report Download - page 42

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Consolidated Balance Sheets
December 31
(Dollars in Thousands, Except Per Share Data) 1997 1996
Assets:
Cash and due from banks $ 5,039 $ 48,724
Federal funds sold and resale agreements 173,500 450,000
Interest-bearing deposits at other banks 59,184 30,252
Cash and cash equivalents 237,723 528,976
Securities available for sale 1,242,670 877,851
Consumer loans 4,861,687 4,343,902
Less: Allowance for loan losses (183,000) (118,500)
Net loans 4,678,687 4,225,402
Premises and equipment, net 162,726 174,661
Interest receivable 51,883 78,590
Accounts receivable from securitizations 588,781 502,520
Other assets 115,809 79,445
Total assets $7,078,279 $6,467,445
Liabilities:
Interest-bearing deposits $1,313,654 $ 943,022
Other borrowings 796,112 530,983
Senior notes 3,332,778 3,694,237
Deposit notes 299,996 299,996
Interest payable 68,448 80,362
Other liabilities 276,368 178,454
Total liabilities 6,087,356 5,727,054
Commitments and Contingencies
Guaranteed Preferred Beneficial Interests
In Capital One Bank’s Floating Rate
Junior Subordinated Capital Income Securities: 97,664
Stockholders’ Equity:
Preferred stock, par value $.01 per share; authorized
50,000,000 shares, none issued or outstanding
Common stock, par value $.01 per share; authorized
300,000,000 shares, 66,557,230 and 66,325,261
issued as of December 31, 1997 and 1996, respectively 666 663
Paid-in capital, net 513,561 481,383
Retained earnings 427,679 258,345
Less:Treasury stock, at cost; 1,188,134 shares (48,647)
Total stockholders’ equity 893,259 740,391
Total liabilities and stockholders’ equity $7,078,279 $6,467,445
See Notes to Consolidated Financial Statements.
PAGE 40