Capital One 1999 Annual Report Download - page 49

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48
December 31 (Dollars in Thousands, Except Per Share Data) 1999 1998
Assets:
Cash and due from banks $ 134,065 $ 15,974
Federal funds sold and resale agreements 261,800
Interest-bearing deposits at other banks 112,432 22,393
Cash and cash equivalents 246,497 300,167
Securities available for sale 1,856,421 1,796,787
Consumer loans 9,913,549 6,157,111
Less: Allowance for loan losses (342,000) (231,000)
Net loans 9,571,549 5,926,111
Premises and equipment, net 470,732 242,147
Interest receivable 64,637 52,917
Accounts receivable from securitizations 661,922 833,143
Other 464,685 268,131
Total assets $ 13,336,443 $ 9,419,403
Liabilities:
Interest-bearing deposits $ 3,783,809 $ 1,999,979
Other borrowings 2,780,466 1,742,200
Senior notes 4,180,548 3,739,393
Interest payable 116,405 91,637
Other 959,608 575,788
Total liabilities 11,820,836 8,148,997
Commitments and Contingencies
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, 199,670,421 and 199,670,376
issued as of December 31, 1999 and 1998, respectively 1,997 1,997
Paid-in capital, net 613,590 598,167
Retained earnings 1,022,296 679,838
Cumulative other comprehensive income (31,262) 60,655
Less: Treasury stock, at cost; 2,624,006 and 2,690,910 shares
as of December 31, 1999 and 1998, respectively (91,014) (70,251)
Total stockholders’ equity 1,515,607 1,270,406
Total liabilities and stockholders’ equity $ 13,336,443 $ 9,419,403
See Notes to Consolidated Financial Statements.
consolidated balance sheets