Capital One 2014 Annual Report Download - page 142

origination fees and costs, and unamortized purchase premium or discount. For loans that are or have been on nonaccrual
status, the carrying value is also reduced by any net charge-offs that have been recorded and the amount of interest
payments applied as a reduction of principal under the cost recovery method. For credit card loans, the carrying value
also includes interest that has been billed to the customer. For loans classified as held for sale, carrying value is the lower
of carrying value as described in the sentences above, or fair value. For Acquired Loans, the carrying value equals fair
value upon acquisition adjusted for subsequent cash collections and yield accreted to date.
CCB: Chevy Chase Bank, F.S.B., which was acquired by the Company on February 27, 2009.
COBNA: Capital One Bank (USA), National Association, one of our fully owned subsidiaries, which offers credit
and debit card products, other lending products and deposit products.
Collective trusts: An investment fund formed from the pooling of investments by investors.
Common Equity Tier 1 Capital: Common Equity, related surplus, and retained earnings less accumulated other
comprehensive income net of applicable phase-ins, less goodwill and intangibles net of associated deferred tax
liabilities and applicable phase-ins, less other deductions, as defined by regulators.
Company: Capital One Financial Corporation and its subsidiaries.
CONA: Capital One, National Association, one of our fully owned subsidiaries, which offers a broad spectrum of
banking products and financial services to consumers, small businesses and commercial clients.
Credit derivatives: Contractual agreements that provide insurance against a credit event of one or more referenced
credits. Such events include bankruptcy, insolvency and failure to meet payment obligations when due.
Credit risk: Credit risk is the risk of loss from an obligor’s failure to meet the terms of any contract or otherwise
fail to perform as agreed.
Derivative: A contract or agreement whose value is derived from changes in interest rates, foreign exchange rates,
prices of securities or commodities, credit worthiness for credit default swaps or financial or commodity indices.
Discontinued operations: The operating results of a component of an entity, as defined by ASC 205, that are
removed from continuing operations when that component has been disposed of or it is management’s intention to
sell the component.
Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”): Regulatory reform
legislation signed into law on July 21, 2010. This law broadly affects the financial services industry and contains
numerous provisions aimed at strengthening the sound operation of the financial services sector.
Exchange Act: The Securities Exchange Act of 1934.
eXtensible Business Reporting Language (“XBRL”): A language for the electronic communication of business
and financial data.
Federal Banking Agencies: The Federal Reserve, Office of the Comptroller of the Currency and Federal Deposit
Issuance Corporation
Federal Reserve: Board of Governors of the Federal Reserve System.
FICO score: A measure of consumer credit risk provided by credit bureaus, typically produced from statistical
modeling software created by Fair Isaac Corporation utilizing data collected by the credit bureaus.
120 Capital One Financial Corporation (COF)