Capital One 2005 Annual Report Download - page 62

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TABLE B—INTEREST VARIANCE ANALYSIS
Year Ended December 31
2005 vs. 2004 2004 vs. 2003
Change due to(1) Change due to(1)
(Dollars in thousands)
Increase
(Decrease) (2) Volume Yield/Rate
Increase
(Decrease)(2) Volume Yield/Rate
Interest Income:
Consumer loans
Domestic $612,475 $598,259 $ 14,216 $248,088 $557,858 $(309,770)
International 62,268 60,266 2,002 37,083 91,268 (54,185)
Total 674,743 657,861 16,882 285,171 653,989 (368,818)
Small business loans 68,777 63,640 5,137 16,954 51,465 (34,511)
Commercial loans 32,899 32,899 — ———
Total loans 776,419 795,804 (19,385) 302,125 716,011 (413,886)
Securities available for sale 76,202 46,057 30,145 119,780 124,802 (5,022)
Other
Domestic 55,380 50,378 5,002 (23,056) (19,446) (3,610)
International 24,460 26,793 (2,333) 27,917 24,302 3,615
Total 79,840 79,889 (49) 4,861 11,471 (6,610)
Total interest income 932,461 912,330 20,131 426,766 997,989 (571,223)
Interest Expense:
Deposits
Domestic 126,868 134,163 (7,295) 98,828 164,969 (66,141)
International 36,724 37,769 (1,045) 19,067 31,243 (12,176)
Total 163,592 167,793 (4,201) 117,895 192,915 (75,020)
Senior notes (65,594) (25,007) (40,587) 62,986 88,136 (25,150)
Other borrowings
Domestic 156,696 102,739 53,957 27,963 51,829 (23,866)
International 503 511 (8) 33 (3) 36
Total 157,199 103,292 53,907 27,996 51,821 (23,825)
Total interest expense 255,197 281,105 (25,908) 208,877 332,758 (123,881)
Net interest income $677,264 $583,965 $ 93,299 $217,889 $631,687 $(413,798)
(1) The change in interest due to both volume and rates has been allocated in proportion to the relationship of the absolute dollar amounts of
the change in each. The changes in income and expense are calculated independently for each line in the table. The totals for the volume
and yield/rate columns are not the sum of the individual lines.
53