Capital One 2003 Annual Report Download - page 79

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Item 8. Financial Statements and Supplementary Data
CONSOLIDATED BALANCE SHEETS
December 31 (In Thousands, Except Per Share Data) 2003 2002
Assets:
Cash and due from banks $ 382,212 $ 277,509
Federal funds sold and resale agreements 1,010,319 373,828
Interest-bearing deposits at other banks 587,751 267,441
Cash and cash equivalents 1,980,282 918,778
Securities available for sale 5,866,628 4,423,677
Consumer loans 32,850,269 27,343,930
Less: Allowance for loan losses (1,595,000) (1,720,000)
Net loans 31,255,269 25,623,930
Accounts receivable from securitizations 4,748,962 3,606,549
Premises and equipment, net 902,600 770,326
Interest receivable 214,295 217,512
Other 1,315,670 1,821,608
Total assets $46,283,706 $37,382,380
Liabilities:
Interest-bearing deposits $22,416,332 $17,325,965
Senior notes 7,016,020 5,565,615
Other borrowings 7,796,613 6,365,075
Interest payable 256,015 236,081
Other 2,746,915 3,266,473
Total liabilities 40,231,895 32,759,209
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 1,000,000,000 shares,
236,352,914 and 227,073,162 issued as of December 31, 2003 and 2002,
respectively 2,364 2,271
Paid-in capital, net 1,937,302 1,704,470
Retained earnings 4,078,508 2,966,948
Cumulative other comprehensive income (loss) 83,158 (15,566)
Less: Treasury stock, at cost; 1,310,582 and 878,206 shares as of
December 31, 2003 and 2002, respectively (49,521) (34,952)
Total stockholders’ equity 6,051,811 4,623,171
Total liabilities and stockholders’ equity $46,283,706 $37,382,380
See Notes to Consolidated Financial Statements.
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