Charles Schwab 2008 Annual Report Download - page 109

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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:
Average
Volume
Average
Rate Total
Average
Volume
Average
Rate Total
Interest-earning assets:
Cash due from banks 52$ (44)$ 8$ -$ (1)$ (1)$
Short term investments 22 (52) (30) 61 2 63
Federal funds sold 3 (19) (16) 9 1 10
Resale agreements - - - (6) - (6)
Securities available for sale
(1)
241 (123) 118 63 17 80
Securities held to maturity - 1 1 - - -
Loans to banking clients
(2)
124 (66) 58 37 4 41
Other interest-earning assets 1 - 1 1 2 3
Total interest-earning assets 443$ (303)$ 140$ 165$ 25$ 190$
Interest-bearing sources of funds:
Interest-bearing banking deposits 141$ (275)$ (134)$ 64$ (26)$ 38$
Total sources on which interest is paid 141$ (275)$ (134)$ 64$ (26)$ 38$
Change in net interest revenue 302$ (28)$ 274$ 101$ 51$ 152$
Provision for credit loss (14) (2)
260$ 150$
Changes that are not due solely to volume or rate have been allocated to rate.
(1)
Amounts have been calculated based on amortized cost.
(2)
Includes average principal balances of non-accrual loans.
2008 Compared to 2007
Increase (Decrease) Due to
Change in: Change in:
2007 Compared to 2006
Increase (Decrease) Due to
F-4