Charles Schwab 2013 Annual Report Download - page 120

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THE CHARLES SCHWAB CORPORATION
Supplemental Financial Data for Charles Schwab Bank (Unaudited)
(Dollars in Millions)
F-4
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:
2013 Compared to 2012 2012 Compared to 2011
Increase (Decrease) Due to Increase (Decrease) Due to
Change in: Change in:
Average Average Average Average
Volume Rate Total Volume Rate Total
Interest-earning assets:
Cash and cash equivalents (1) $ - $ - $ - $ 4 $ - $ 4
Securities available for sale (2) 137 (163) (26) 203 (76) 127
Securities held to maturity 247 (34) 213 (21) (74) (95)
Loans to banking clients (3) 52 (32) 20 19 (20) (1)
Loans held for sale (1) - (1) (2) - (2)
Other interest-earning assets - 1 1 - - -
Total interest-earning assets $ 435 $ (228) $ 207 $ 203 $ (170) $ 33
Interest-bearing sources of funds:
Interest-bearing banking deposits $ 12 $ (23) $ (11) $ 15 $ (35) $ (20)
Total sources on which interest is paid $ 12 $ (23) $ (11) $ 15 $ (35) $ (20)
Change in net interest revenue $ 423 $ (205) $ 218 $ 188 $ (135) $ 53
Changes that are not due solely to volume or rate have been allocated to rate.
(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.