eTrade 2011 Annual Report Download - page 99
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E*TRADE FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEET
(In thousands, except share data)
December 31,
2011 2010
ASSETS
Cash and equivalents $ 2,099,839 $ 2,374,346
Cash and investments required to be segregated under federal or other regulations 1,275,587 609,510
Trading securities 54,372 62,173
Available-for-sale securities (includes securities pledged to creditors with the right
to sell or repledge of $3,916,927 and $5,621,156 at December 31, 2011 and
2010, respectively) 15,651,493 14,805,677
Held-to-maturity securities (fair value of $6,282,989 and $2,422,335 at
December 31, 2011 and 2010, respectively; includes securities pledged to
creditors with the right to sell or repledge of $2,092,570 and $884,214 at
December 31, 2011 and 2010, respectively) 6,079,512 2,462,710
Margin receivables 4,826,256 5,120,575
Loans receivable, net (net of allowance for loan losses of $822,816 and $1,031,169
at December 31, 2011 and 2010, respectively) 12,332,807 15,121,919
Investment in FHLB stock 140,183 164,381
Property and equipment, net 299,693 302,658
Goodwill 1,934,232 1,939,976
Other intangibles, net 285,805 325,403
Other assets 2,960,673 3,083,673
Total assets $47,940,452 $46,373,001
LIABILITIES AND SHAREHOLDERS’ EQUITY
Liabilities:
Deposits $26,459,985 $25,240,297
Securities sold under agreements to repurchase 5,015,499 5,888,249
Customer payables 5,590,858 5,020,086
FHLB advances and other borrowings 2,736,935 2,731,714
Corporate debt 1,493,552 2,145,881
Other liabilities 1,715,673 1,294,329
Total liabilities 43,012,502 42,320,556
Commitments and contingencies (see Note 21)
Shareholders’ equity:
Common stock, $0.01 par value, shares authorized: 400,000,000 at December 31,
2011 and 2010; shares issued and outstanding: 285,368,075 and 220,840,821
at December 31, 2011 and 2010, respectively 2,854 2,208
Additional paid-in-capital (“APIC”) 7,306,862 6,640,715
Accumulated deficit (1,995,137) (2,151,838)
Accumulated other comprehensive loss (386,629) (438,640)
Total shareholders’ equity 4,927,950 4,052,445
Total liabilities and shareholders’ equity $47,940,452 $46,373,001
See accompanying notes to the consolidated financial statements
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