Charles Schwab 2010 Annual Report Download - page 120

Download and view the complete annual report

Please find page 120 of the 2010 Charles Schwab annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 135

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135

THE CHARLES SCHWAB CORPORATION
Supplemental Financial Data for Charles Schwab Bank (Unaudited)
(Dollars in Millions)
2. Analysis of Change in Net Interest Revenue
An analysis of the year-to-year changes in the categories of interest revenue and interest expense resulting from changes in volume
and rate is as follows:
Changes that are not due solely to volume or rate have been allocated to rate.
2010 Compared to 2009
Increase (Decrease) Due to
Change in:
2009 Compared to 2008
Increase (Decrease) Due to
Change in:
Average
Volume
Average
Rate Total
Average
Volume
Average
Rate Total
Interest-earning assets:
Cash and cash e
q
uivalents
$(2) $(8) $(10)
$59
$ (128) $(69)
Securities available for sale
159 (194) (35)
298
(294) 4
Securities held to maturit
y
329
(42)
287
111
(38)
73
Loans to bankin
g
clients
47
(13)
34
86
(72)
14
Loans held for sale
(1)
—
(1)
3
(2)
1
Other interest-earnin
g
assets
—
1
1
—
(2)
(2)
Total interest-earnin
g
assets
$ 532
$ (256)
$ 276
$ 557
$ (536)
$ 21
Interest-bearing sources of funds:
Interest-bearin
g
bankin
g
de
p
osits
$46
$ (48)
$(2)
$65
$ (62)
$3
Total sources on which interest is
p
aid
$46
$(48)
$(2)
$65
$(62)
$ 3
Chan
g
e in net interest revenue
$ 486
$ (208)
$278
$492
$ (474)
$18
Includes de
p
osits with banks, short-term investments, and federal funds sold.
Amounts have been calculated based on amortized cost.
F-4
Includes avera
g
e
p
rinci
p
al balances of nonaccrual loans.
(1)
(2)
(3)
(1)
(2)
(3)