Charles Schwab 2015 Annual Report Download - page 134

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THE CHARLES SCHWAB CORPORATION
Supplemental Financial Data for Charles Schwab Bank (Unaudited)
(Dollars in Millions)
F-3
The following supplemental financial data is consistent with the Securities Exchange Act of 1934, Industry Guide 3 –
Statistical Disclosure by Bank Holding Companies. The accompanying unaudited financial information represents Schwab
Bank, which is a subsidiary of CSC. CSC is a savings and loan holding company and Schwab Bank is a federal savings bank.
The following information excludes intercompany balances and transactions with CSC and its affiliates.
1. Three-year Net Interest Revenue and Average Balances
For the Year Ended December 31, 2015 2014 2013
Average Average Average Average Average Average
Balance Interest Rate Balance Interest Rate Balance Interest Rate
Assets:
Cash and cash equivalents (1) $ 8,028 $ 22 0.27 % $ 5,871 $ 15 0.26 % $ 5,626 $ 15 0.27 %
Securities available for sale (2) 61,783 623 1.01 % 52,056 546 1.05 % 49,112 557 1.13 %
Securities held to maturity 38,099 953 2.50 % 32,361 828 2.56 % 24,915 610 2.45 %
Bank loans (3) 13,970 369 2.64 % 12,903 354 2.74 % 11,756 329 2.80 %
Other interest-earning assets 56 5 8.93 % 63 6 9.52 % 53 2 3.77 %
Total interest-earning assets 121,936 1,972 1.62 % 103,254 1,749 1.69 % 91,462 1,513 1.65 %
N
et unrealized gain on
securities available for sale 187 229 252
N
oninteres
t
-earning assets 601 525 671
Total Assets $ 122,724 $ 104,008 $ 92,385
Liabilities and Stockholder’s Equity:
Interest-bearing banking deposits $ 113,464 29 0.03 % $ 95,842 30 0.03 % $ 85,465 31 0.04 %
Total sources on which interest is paid 113,464 29 0.03 % 95,842 30 0.03 % 85,465 31 0.04 %
N
oninteres
t
-bearing liabilities 719 723 650
Stockholder’s equity 8,541 7,443 6,270
Total Liabilities and Stockholder’s Equity $ 122,724 $ 104,008 $ 92,385
N
et interest revenue $ 1,943 $ 1,719 $ 1,482
N
et yield on interes
t
-earning assets 1.59 % 1.66 % 1.62 %
(1) Includes deposits with banks and short-term investments.
(2) Amounts have been calculated based on amortized cost.
(3) Includes average principal balances of nonaccrual loans.