Capital One 2007 Annual Report Download - page 84

Download and view the complete annual report

Please find page 84 of the 2007 Capital One annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 147

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147

62
Item 8. Financial Statements and Supplementary Data
CONSOLIDATED BALANCE SHEETS
December 31 (In Thousands, Except Share and Per Share Data) 2007 2006
Assets:
Cash and due from banks $ 2,377,287
$ 2,817,519
Federal funds sold and resale agreements 1,766,762
1,099,156
Interest-bearing deposits at other banks 677,360
743,821
Cash and cash equivalents 4,821,409
4,660,496
Securities available for sale 19,781,587
15,452,047
Mortgage loans held for sale 315,863
10,435,295
Loans held for investment 101,805,027
96,512,139
Less: Allowance for loan and lease losses (2,963,000) (2,180,000)
Net loans held for investment 98,842,027
94,332,139
Accounts receivable from securitizations 4,717,879
4,589,235
Premises and equipment, net 2,299,603
2,203,280
Interest receivable 839,317
816,426
Goodwill 12,830,740
13,635,435
Other 6,141,944
3,614,932
Total assets $ 150,590,369 $ 149,739,285
Liabilities:
Non-interest bearing deposits $ 11,046,549
$ 11,648,070
Interest-bearing deposits 71,943,913
74,122,822
Total deposits 82,990,462
85,770,892
Senior and subordinated notes 10,712,706
9,725,470
Other borrowings 26,583,683
24,257,007
Interest payable 631,609
574,763
Other 5,377,797
4,175,947
Total liabilities 126,296,257
124,504,079
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, 419,224,900 and
412,219,973 issued as of December 31, 2007 and 2006, respectively 4,192
4,122
Paid-in capital, net 15,860,490
15,333,137
Retained earnings 11,267,568
9,760,184
Cumulative other comprehensive income 315,248
266,180
Less: Treasury stock, at cost; 46,370,635 and 2,294,586 shares as of December 31, 2007
and 2006, respectively (3,153,386) (128,417)
Total stockholders equity 24,294,112
25,235,206
Total liabilities and stockholders equity $ 150,590,369 $ 149,739,285
See Notes to Consolidated Financial Statements.