Capital One 1998 Annual Report Download - page 47

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45 Capital One Financial Corporation
Note B
Securities Available for Sale
Securities available for sale as of December 31, 1998, 1997 and 1996 were as follows:
Maturity Schedule
Market Amortized
1 Year 1–5 5–10 Over 10 Value Cost
or Less Years Years Years Totals Totals
December 31, 1998
Commercial paper $ 117,395 $ 117,395 $ 117,395
U.S. Treasury and other U.S. government
agency obligations 125,831 $1,072,109 $17,051 1,214,991 1,196,313
Collateralized mortgage obligations 25,877 $401,443 427,320 426,485
Mortgage backed securities 8,337 7,265 15,602 15,210
Other 76 1,360 589 19,454 21,479 21,356
Total $ 243,302 $1,081,806 $43,517 $428,162 $ 1,796,787 $ 1,776,759
December 31, 1997
Commercial paper $187,145 $ 187,145 $ 187,145
U.S. Treasury and other U.S. government
agency obligations 400,929 $ 589,899 $ 2,506 993,334 989,707
Collateralized mortgage obligations $ 18,969 18,969 18,629
Mortgage backed securities 13,278 9,960 23,238 22,966
Other 330 526 19,128 19,984 20,008
Total $588,074 $ 603,507 $ 3,032 $ 48,057 $1,242,670 $1,238,455
December 31, 1996
Commercial paper $ 84,297 $ 84,297 $ 84,297
U.S. Treasury and other U.S. government
agency obligations 393,583 $ 354,680 748,263 745,174
Collateralized mortgage obligations $ 20,834 20,834 20,479
Mortgage backed securities 11,607 11,607 11,849
Other 12,850 12,850 12,850
Total $477,880 $ 354,680 $ 45,291 $ 877,851 $ 874,649
Weighted Average Yields
1 Year 1–5 5–10 Over 10
or Less Years Years Years
December 31, 1998
Commercial paper 6.52%
U.S. Treasury and other U.S. government
agency obligations 5.87%5.63% 5.20%
Collateralized mortgage obligations 5.68%5.78%
Mortgage backed securities 7.27%6.33%
Other 5.83%3.81%6.43%6.26%
Total 6.19% 5.64% 5.50% 5.81%