Capital One 2008 Annual Report Download - page 99

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81
Item 8. Financial Statements and Supplementary Data
CONSOLIDATED BALANCE SHEETS
December 31 (In Thousands, Except Share and Per Share Data)
2008
2007
Assets:
Cash and due from banks.................................................................................................................
.
$ 2,047,839
$ 2,377,287
Federal funds sold and resale agreements........................................................................................
.
636,752
1,766,762
Interest bearing deposits at other banks ...........................................................................................
.
4,806,752
677,360
Cash and cash equivalents......................................................................................................
.
7,491,343
4,821,409
Securities available for sale .............................................................................................................
.
31,003,271
19,781,587
Mortgage loans held for sale............................................................................................................
.
68,462
315,863
Loans held for investment................................................................................................................
.
101,017,771
101,805,027
Less: Allowance for loan and lease losses..............................................................................
.
(4,523,960) (2,963,000)
Net loans held for investment ..........................................................................................................
.
96,493,811
98,842,027
Accounts receivable from securitizations ........................................................................................
.
6,342,754
4,717,879
Premises and equipment, net............................................................................................................
.
2,313,106
2,299,603
Interest receivable ............................................................................................................................
.
827,909
839,317
Goodwill ..........................................................................................................................................
.
11,964,487
12,830,740
Other ................................................................................................................................................
.
9,408,309
6,141,944
Total assets .............................................................................................................................
.
$ 165,913,452 $ 150,590,369
Liabilities:
Non-interest bearing deposits...........................................................................................................
.
$ 11,293,852
$ 11,046,549
Interest bearing deposits ..................................................................................................................
.
97,326,937
71,714,627
Total deposits .........................................................................................................................
.
108,620,789
82,761,176
Senior and subordinated notes .........................................................................................................
.
8,308,843
10,712,706
Other borrowings .............................................................................................................................
.
14,869,648
26,812,969
Interest payable ................................................................................................................................
.
676,398
631,609
Other ................................................................................................................................................
.
6,825,341
5,377,797
Total liabilities........................................................................................................................
.
139,301,019
126,296,257
Stockholders Equity:
Preferred stock, par value $.01 per share; authorized 50,000,000 shares; 3,555,199 issued and
outstanding; aggregate liquidation preference of $3,555,199 .....................................................
.
3,096,466
Common stock, par value $.01 per share; authorized 1,000,000,000 shares; 438,434,235 and
419,224,900 issued as of December 31, 2008 and 2007, respectively ........................................
.
4,384
4,192
Paid-in capital, net ...........................................................................................................................
.
17,278,102
15,860,490
Retained earnings.............................................................................................................................
.
10,621,164
11,267,568
Cumulative other comprehensive income (loss)..............................................................................
.
(1,221,796) 315,248
Less: Treasury stock, at cost; 46,637,241 and 46,370,635 shares as of December 31, 2008
and 2007, respectively .......................................................................................................
.
(3,165,887) (3,153,386)
Total stockholders equity ......................................................................................................
.
26,612,433
24,294,112
Total liabilities and stockholders equity................................................................................
.
$ 165,913,452 $ 150,590,369
See Notes to Consolidated Financial Statements.