Capital One 2012 Annual Report Download - page 17

TABLE OF CONTENTS
Page
PART I
Item 1. Business ..................................................................... 1
Overview .................................................................. 1
Operations and Business Segments .............................................. 3
Supervision and Regulation .................................................... 4
Competition ................................................................ 14
Employees ................................................................. 15
Additional Information ........................................................ 15
Forward-Looking Statements ................................................... 16
Item 1A. Risk Factors .................................................................. 18
Item 1B. Unresolved Staff Comments ..................................................... 32
Item 2. Properties .................................................................... 32
Item 3. Legal Proceedings ............................................................. 33
Item 4. Mine Safety Disclosures ......................................................... 33
PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities ............................................................... 34
Item 6. Selected Financial Data ......................................................... 37
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations
(“MD&A”) ................................................................... 42
Overview .................................................................. 42
Executive Summary and Business Outlook ........................................ 44
Critical Accounting Policies and Estimates ........................................ 49
Accounting Changes and Developments .......................................... 57
Consolidated Results of Operations .............................................. 58
Business Segment Financial Performance ......................................... 65
Consolidated Balance Sheet Analysis ............................................ 81
Off-Balance Sheet Arrangements and Variable Interest Entities ........................ 85
Capital Management .......................................................... 86
Risk Management ............................................................ 89
Credit Risk Profile ........................................................... 96
Liquidity Risk Profile ......................................................... 111
Market Risk Profile .......................................................... 117
Supplemental Tables ......................................................... 121
Item 7A. Quantitative and Qualitative Disclosures About Market Risk ............................ 128
Item 8. Financial Information and Supplementary Data ...................................... 128
Consolidated Statements of Income ................................................ 132
Consolidated Statements of Comprehensive Income ................................... 133
Consolidated Balance Sheets ..................................................... 134
Consolidated Statements of Changes in Stockholders’ Equity ........................... 135
Consolidated Statements of Cash Flows ............................................ 136
Notes to Consolidated Statements ................................................. 137
Note 1 — Summary of Significant Accounting Policies ............................. 137
Note 2 — Acquisitions ....................................................... 159
Note 3 — Discontinued Operations ............................................. 163
Note 4 — Investment Securities ................................................ 164
Note 5 — Loans ............................................................ 173
Note 6 — Allowance for Loan and Lease Losses .................................. 194
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