eTrade 2006 Annual Report Download - page 63

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The following table shows the contractual maturities of our loan portfolio at December 31, 2006, including
scheduled principal repayments. This table does not, however, include any estimate of prepayments. These
prepayments could significantly shorten the average loan lives and cause the actual timing of the loan repayments
to differ from those shown in the following table (dollars in thousands):
Due in(1)
< 1 Year 1-5 Years > 5 Years Total
Real estate loans:
One- to four-family:
Fixed rate $142,702 $ 667,150 $ 4,914,479 $ 5,724,331
Adjustable rate 80,985 372,939 4,971,703 5,425,627
HELOC, HEIL and other 173,139 846,516 10,789,414 11,809,069
Total real estate loans 396,826 1,886,605 20,675,596 22,959,027
Consumer and other loans:
Recreational vehicle 115,058 536,947 1,640,351 2,292,356
Marine 30,975 145,033 475,756 651,764
Commercial 54,606 164,402 — 219,008
Credit card 128,583 — — 128,583
Automobile 43,353 34,180 — 77,533
Other 1,300 2,406 — 3,706
Total consumer and other loans 373,875 882,968 2,116,107 3,372,950
Total loans $770,701 $2,769,573 $22,791,703 $26,331,977
(1) Estimated scheduled principal repayments are calculated using weighted-average interest rate and weighted-average remaining maturity
of each loan portfolio.
The following table shows the distribution of those loans that mature in more than one year between fixed
and adjustable interest rate loans at December 31, 2006 (dollars in thousands):
Interest Rate Type
TotalFixed Adjustable
Real estate loans:
One- to four-family $ 5,581,628 $ 5,344,643 $10,926,271
HELOC, HEIL and other 3,692,301 7,943,629 11,635,930
Total real estate loans 9,273,929 13,288,272 22,562,201
Consumer and other loans:
Recreational vehicle 2,177,298 — 2,177,298
Marine 620,789 — 620,789
Commercial — 164,402 164,402
Credit card — — —
Automobile 34,180 — 34,180
Other 2,406 — 2,406
Total consumer and other loans 2,834,673 164,402 2,999,075
Total loans $12,108,602 $13,452,674 $25,561,276
Available-for-Sale and Trading Securities
Our portfolios of mortgage-backed securities and investments are classified into three categories in
accordance with SFAS No. 115, Accounting for Certain Investments in Debt and Equity Securities: trading,
available-for-sale or held-to-maturity. None of our mortgage-backed securities or other investments was
classified as held-to-maturity during 2006, 2005 and 2004.
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