Capital One 2013 Annual Report Download - page 266

CAPITAL ONE FINANCIAL CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Year Ended December 31, 2012
(Dollars in millions)
Credit
Card
Consumer
Banking
Commercial
Banking Other
Consolidated
Total
Net interest income ........................... $10,182 $ 5,788 $ 1,740 $ (1,121) $ 16,589
Non-interest income .......................... 3,078 782 340 607 4,807
Total net revenue ............................. 13,260 6,570 2,080 (514) 21,396
Provision for credit losses ...................... 4,061 589 (270) 35 4,415
Non-interest expense:
Amortization of intangibles:
PCCR intangible amortization ........... 350 0 0 0 350
Core deposit intangible amortization . . . . . 0 159 34 0 193
Total PCCR and core deposit intangible
amortization ....................... 350 159 34 0 543
Other non-interest expense ................. 6,504 3,712 1,025 162 11,403
Total non-interest expense ...................... 6,854 3,871 1,059 162 11,946
Income from continuing operations before income
taxes ..................................... 2,345 2,110 1,291 (711) 5,035
Income tax provision (benefit) .................. 815 747 456 (717) 1,301
Income from continuing operations, net of tax ...... $ 1,530 $ 1,363 $ 835 $ 6 $ 3,734
Period-end total loans held for investment ......... $91,755 $ 75,127 $38,820 $ 187 $205,889
Period-end total customer deposits ............... 0 172,396 29,866 10,223 212,485
Year Ended December 31, 2011
(Dollars in millions)
Credit
Card
Consumer
Banking
Commercial
Banking Other
Consolidated
Total
Net interest income ........................... $ 7,822 $ 4,236 $ 1,596 $ (913) $ 12,741
Non-interest income .......................... 2,609 720 283 (74) 3,538
Total net revenue ............................. 10,431 4,956 1,879 (987) 16,279
Provision for credit losses ...................... 1,870 452 31 7 2,360
Non-interest expense:
Amortization of intangibles:
PCCR intangible amortization ........... 21 0 0 0 21
Core deposit intangible amortization . . . . . 0 132 40 0 172
Total PCCR and core deposit intangible
amortization ....................... 21 132 40 0 193
Other non-interest expense ................. 5,014 3,112 885 128 9,139
Total non-interest expense ...................... 5,035 3,244 925 128 9,332
Income from continuing operations before income
taxes ..................................... 3,526 1,260 923 (1,122) 4,587
Income tax provision (benefit) .................. 1,249 451 328 (694) 1,334
Income from continuing operations, net of tax ...... $ 2,277 $ 809 $ 595 $ (428) $ 3,253
Period-end total loans held for investment ......... $65,075 $ 36,315 $34,327 $ 175 $135,892
Period-end total customer deposits ............... 0 88,540 26,683 13,003 128,226
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