PackageTrendsPeer
Letter portraitLegal landscape

Capital One Bank

Glen Allen, VA · Cert 33954

FDIC · 1 branch

Q3 2022

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2022, the quarter ended September 30, 2022, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Capital One Bank

Glen Allen, VA · Cert 33954

FDIC · 1 branch

Q3 2022

$127.6BAssets
$109.8BLoans
$88.4BDeposits
$17.0BEquity
Deposit mix
99%Interest-bearing $87.7B1%Noninterest $0.7BQ3 2021Q3 2022

NIM

13.01%Q3 ’2012.55%Q3 ’2113.23%Q3 ’22+1%+2%

Non-interest income vs. expense

6.29%Q3 ’207.09%Q3 ’217.88%Q3 ’22-1%+18%

Market Position · Richmond, VA · 2022 SOD (annual) · 59.5% share · #1 of 28 inst. · $85.1B of $142.9B

Executive Summary

  • Earnings: ROA of 4.37%, down 318 bps year over year; NIM at 11.35%.
  • Asset quality: problem loans at 1.52% of loans (+55 bps YoY), with net charge-offs at 2.23%.
  • Capital: tier 1 leverage ratio of 16.16%, up 5 bps from a year ago.
  • Funding: loans stand at 124.20% of deposits as of Q3 2022.

Financial Results

Return on Assets (YTD, annualized)

4.37%-318 bps YoY

Net Interest Margin (YTD, annualized)

11.35%+22 bps YoY

Efficiency Ratio (YTD, annualized)

50.92%+372 bps YoY

Tier 1 Leverage Ratio

16.16%+5 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2021Q4 2021Q1 2022Q2 2022Q3 2022YoY ΔTrend
Earnings
Return on Assets7.55%6.92%4.87%4.72%4.37%-318 bps
Return on Equity43.80%42.13%36.31%35.20%32.62%-1,117 bps
Net Interest Margin11.12%10.99%11.64%11.34%11.35%+22 bps
Efficiency Ratio47.20%47.81%52.05%51.83%50.92%+372 bps
Non-Interest Burden3.20%3.31%3.98%3.84%3.76%+56 bps
Growth
Asset Growth (YoY)-0.34%10.97%15.01%18.17%14.65%+1,498 bps
Loan Growth (YoY)5.05%11.19%16.05%17.46%18.00%+1,295 bps
Deposit Growth (YoY)2.27%21.64%28.46%21.99%23.07%+2,079 bps
Asset Quality
Nonperforming Loans / Loans0.97%1.14%1.27%1.19%1.52%+55 bps
Net Charge-Offs / Loans2.07%1.78%2.27%2.27%2.23%+16 bps
Allowance / Loansn/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio16.11%14.90%15.19%15.85%16.16%+5 bps
Total Risk-Based Capital19.92%18.03%18.75%18.97%19.26%-66 bps
Equity / Assetsn/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Deposits129.52%125.98%118.04%123.60%124.20%-533 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a