Capital One 2014 Annual Report Download - page 127

Table 32 provides the average balance and average interest rate of our short-term borrowings for 2014, 2013 and
2012. This table also presents the period-end balance, weighted average interest rate and the maximum month-end
outstanding amount of our short-borrowings as of December 31, 2014, 2013 and 2012. Our short-term borrowings
typically have not represented a significant portion of our overall funding.
Table 32: Short-Term Borrowings
Year Ended December 31,
2014 2013 2012
Average Average Average
Average Interest Average Interest Average Interest
(Dollars in millions) Balance Rate Balance Rate Balance Rate
Federal funds purchased and repurchase agreements . . . $ 1,756 0.09% $ 1,614 0.11% $ 1,018 0.18%
FHLB advances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,710 0.23 12,048 0.23 7,169 0.25
Total short-term borrowings . . . . . . . . . . . . . . . . . . . . . . . $ 10,466 0.20 $ 13,662 0.22 $ 8,187 0.24
December 31,
2014 2013 2012
Weighted Maximum Weighted Maximum Weighted Maximum
Average Month-End Average Month-End Average Month-End
Outstanding Interest Outstanding Outstanding Interest Outstanding Outstanding Interest Outstanding
(Dollars in millions) Amount Rate Amount Amount Rate Amount Amount Rate Amount
Federal funds purchased
and repurchase
agreements . . . . . . . . . $ 880 0.07% $ 2,330 $ 915 0.06% $ 2,258 $ 1,248 0.28% $ 1,381
FHLB advances . . . . . . . 16,200 0.25 16,200 15,300 0.25 16,600 19,900 0.27 19,900
Total short-term
borrowings . . . . . . . . . $ 17,080 0.24 $ 16,215 0.24 $ 21,148 0.27
105 Capital One Financial Corporation (COF)