Charles Schwab 2010 Annual Report Download - page 123

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THE CHARLES SCHWAB CORPORATION
Supplemental Financial Data for Charles Schwab Bank (Unaudited)
(Dollars in Millions)
4. Loans to Banking Clients and Related Allowance for Loan Losses
The composition of the loan portfolio is as follows:
The maturities of the loan portfolio at December 31, 2010, are as follows:
The interest sensitivity of loans with contractual maturities in excess of one year at December 31, 2010, is as follows:
F-7
December 31, 2010 2009 2008 2007 2006
Residential real estate mort
g
a
g
es
$4,695
$3,71
0
$3,195
$2,101
$1,127
Home e
uit
lines of credit
3,50
0
3,304
2,662
1,234
1,192
Personal loans secured b
y
securities
562
366
187
102
9
Other
16
11
18
13
1
0
Total loans to bankin
g
clients
$8,773
$7,391
$6,062
$3,45
0
$2,338
An anal
y
sis of nonaccrual loans is as follows:
December 31, 2010 2009 2008 2007 2006
Nonaccrual loans
$51
$34
$ 8
$ 4
$ 1
Avera
g
e nonaccrual loans
$4
0
$17
$6
$1
$
—
Chan
g
es in the allowance for loan losses were as follows:
December 31, 2010 2009 2008 2007 2006
Balance at be
g
innin
g
of
y
ear
$45
$ 2
0
$ 7
$ 4
$ 3
Char
g
e-offs
(2
0
)
(13)
(4)
—
—
Recoveries
1
—
—
—
—
Provision for loan losses
27 38 17
3
1
Balance at end of
y
ear
$53
$45
$ 2
0
$ 7
$ 4
Within
1 year
After 1 year
through
5 years
After
5 years Total
Residential real estate mort
g
a
g
es
$
—
$
—
$4,695
$4,695
Home e
uit
lines of credit
—
87
0
2,63
0
3,50
0
Personal loans secured b
y
securities
3
559
—
562
Other
5
—
11
16
Total
$ 8
$1,429
$7,336
$8,773
Maturities are based u
p
on the contractual terms of the loans.
After
1 year
Loans with
p
redetermined interest rates
$382
Loans with floatin
g
or ad
j
ustable interest rates
8,383
Total
$8,765
(1)
(1)