Capital One 2004 Annual Report Download - page 81

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Item 8. Financial Statements and Supplementary Data
CONSOLIDATED BALANCE SHEETS
December 31 (In Thousands, Except Share and Per Share Data) 2004 2003
Assets:
Cash and due from banks $ 327,517 $ 382,212
Federal funds sold and resale agreements 773,695 1,010,319
Interest-bearing deposits at other banks 309,999 587,751
Cash and cash equivalents 1,411,211 1,980,282
Securities available for sale 9,300,454 5,866,628
Consumer loans 38,215,591 32,850,269
Less: Allowance for loan losses (1,505,000) (1,595,000)
Net loans 36,710,591 31,255,269
Accounts receivable from securitizations 4,081,271 4,748,962
Premises and equipment, net 817,704 902,600
Interest receivable 252,857 214,295
Other 1,173,167 1,315,670
Total assets $53,747,255 $46,283,706
Liabilities:
Interest-bearing deposits $25,636,802 $22,416,332
Senior and subordinated notes 6,874,790 7,016,020
Other borrowings 9,637,019 7,796,613
Interest payable 237,227 256,015
Other 2,973,228 2,746,915
Total liabilities 45,359,066 40,231,895
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,
248,354,259 and 236,352,914 issued as of December 31, 2004 and 2003,
respectively 2,484 2,364
Paid-in capital, net 2,711,327 1,937,302
Retained earnings 5,596,372 4,078,508
Cumulative other comprehensive income 144,759 83,158
Less: Treasury stock, at cost; 1,520,962 and 1,310,582 shares as of
December 31, 2004 and 2003, respectively (66,753) (49,521)
Total stockholders’ equity 8,388,189 6,051,811
Total liabilities and stockholders’ equity $53,747,255 $46,283,706
See Notes to Consolidated Financial Statements.
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