| |
February 28 (29), |  | |
|
(Dollar amounts in thousands, except per share data) |
2001 |
2000 | |
|
Assets | | | | |
|
Cash |
$ |
126,496 |
$ |
59,890 |
|
Mortgage loans and mortgage-backed securities held for sale | |
1,964,018 | |
2,653,183 |
|
Trading securities, at market value ($309,089 pledged as collateral) | |
4,050,082 | |
1,984,031 |
|
Mortgage servicing rights, net | |
5,767,748 | |
5,396,477 |
|
Investments in other financial instruments | |
4,160,314 | |
3,174,194 |
|
Securities purchased under agreements to resell | |
3,109,556 | |
435,593 |
|
Property, equipment and leasehold improvements, net | |
396,943 | |
410,899 |
|
Other assets | |
3,380,350 | |
1,708,061 | | |
|
Total assets |
$ |
22,955,507 |
$ |
15,822,328 | | |
|
Borrower and investor custodial accounts (segregated in special accounts - excluded from corporate assets) |
$ |
5,553,143 |
$ |
2,852,738 | | |
|
Liabilities and Shareholders' Equity | | | | |
|
Notes payable |
$ |
11,402,791 |
$ |
8,281,216 |
|
Securities sold under agreements to repurchase | |
3,541,230 | |
1,501,409 |
|
Drafts payable issued in connection with mortgage loan closings | |
932,931 | |
382,108 |
|
Accounts payable, accrued liabilities and other | |
1,449,288 | |
997,405 |
|
Deferred income taxes | |
1,570,003 | |
1,272,311 | | |
|
Total liabilities | |
18,896,243 | |
12,434,449 |
|
Commitments and contingencies | |
- | |
- |
|
Company-obligated mandatorily redeemable capital trust pass-through securities of subsidiary | | | | |
|
trusts holding solely Company guaranteed related subordinated debt | |
500,000 | |
500,000 |
|
Shareholders' equity | | | | |
|
Preferred stock - authorized. 1.500,000 shares of $0.05 par value; issued and outstanding, none | |
- | |
- |
|
Common stock - authorized, 240,000,000 shares of $0.05 par value; issued and outstanding, | | | | |
|
117,732,249 shares in 2001 and 113,463,424 shares in 2000 | |
5,887 | |
5,673 |
|
Additional paid-in capital | |
1,307,679 | |
1,171,238 |
|
Accumulated other comprehensive income (loss) | |
173,249 | |
(33,234) |
|
Retained earnings | |
2,072,449 | |
1,744,202 | | |
|
Total shareholders' equity | |
3,559,264 | |
2,887,879 | | |
|
Total liabilities and shareholders' equity |
$ |
22,955,507 |
$ |
15,822,328 | | |
|
Borrower and investor custodial accounts |
$ |
5,553,143 |
$ |
2,852,738 | | | | | | |
|
The accompanying notes are an integral part of these statements. | | | | |
|
