Charles Schwab 2008 Annual Report Download - page 110

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THE CHARLES SCHWAB CORPORATION
Supplemental Financial Data for Charles Schwab Bank (Unaudited)
(Dollars in Millions)
3. Securities Available for Sale and Securities Held to Maturity
The amortized cost, estimated fair value, and gross unrealized gains and losses on securities available for sale and securities
held to maturity are as follows:
Gross Gross
Amortized Unrealized Unrealized Fair
December 31, 2008 Cost Gains
Losses Value
Securities available for sale:
U.S. agency mortgage-backed securities $ 8,203 $ 108 $ 82 $ 8,229
Non-agency mortgage-backed securities 3,085 - 862 2,223
Corporate debt securities 1,762 2 31 1,733
Certificates of deposit 925 - 3 922
Asset-backed securities 866 - 44 822
U.S. agency notes 515 2 - 517
Total securities available for sale $ 15,356 $ 112 $ 1,022 $ 14,446
Securities held to maturity:
Asset-backed securities $ 243 $ 1 $ - $ 244
Total securities held to maturity $ 243 $ 1 $ - $ 244
Gross Gross
Amortized Unrealized Unrealized Fair
December 31, 2007 Cost Gains Losses
Value
Securities available for sale:
U.S. agency mortgage-backed securities $ 2,889 $ 25 $ 6 $ 2,908
Non-agency mortgage-backed securities 3,503 4 33 3,474
Corporate debt securities 804 1 21 784
Certificates of deposit 345 - - 345
U.S. agency notes 15 - - 15
Total securities available for sale $ 7,556 $ 30 $ 60 $ 7,526
Gross Gross
Amortized Unrealized Unrealized Fair
December 31, 2006 Cost Gains Losses
Value
Securities available for sale:
U.S. agency mortgage-backed securities $ 1,920 $ 3 $ 9 $ 1,914
Non-agency mortgage-backed securities 3,115 2 19 3,098
Corporate debt securities 677 - - 677
Certificates of deposit 50 - - 50
U.S. agency notes 249 - - 249
Total securities available for sale $ 6,011 $ 5 $ 28 $ 5,988
There were no securities classified as held to maturity at December 31, 2007 or 2006.
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