Charles Schwab 2013 Annual Report Download - page 74

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THE CHARLES SCHWAB CORPORATION
Notes to Consolidated Financial Statements
(Tabular Amounts in Millions, Except Per Share Data, Option Price Amounts, Ratios, or as Noted)
- 63 -
5. Securities Available for Sale and Securities Held to Maturity
The amortized cost, gross unrealized gains and losses, and fair value of securities available for sale and securities held to
maturity are as follows:
Gross Gross
Amortized Unrealized Unrealized Fair
December 31, 2013 Cost Gains Losses Value
Securities available for sale:
U.S. agency mortgage-backed securities $ 18,554 $ 140 $ 49 $ 18,645
Asset-backed securities 15,201 42 37 15,206
Corporate debt securities 8,973 49 15 9,007
U.S. agency notes 4,239 1 104 4,136
Certificates of deposit 3,650 4 2 3,652
N
o
n
-agency residential mortgage-backed securities 616 11 34 593
N
o
n
-agency commercial mortgage-backed securities 271 8 - 279
Other securities 100 - - 100
Total securities available for sale $ 51,604 $ 255 $ 241 $ 51,618
Securities held to maturity:
U.S. agency mortgage-backed securities $ 29,260 $ 161 $ 921 $ 28,500
N
o
n
-agency commercial mortgage-backed securities 958 -
68 890
Other securities 100 - - 100
Total securities held to maturity $ 30,318 $ 161 $ 989 $ 29,490
Gross Gross
Amortized Unrealized Unrealized Fair
December 31, 2012 Cost Gains Losses Value
Securities available for sale:
U.S. agency mortgage-backed securities $ 20,080 $ 396 $ - $ 20,476
Asset-backed securities 8,104 62 2 8,164
Corporate debt securities 6,197 61 2 6,256
Certificates of deposit 6,150 12 1 6,161
U.S. agency notes 3,465 2 3 3,464
N
o
n
-agency residential mortgage-backed securities 796 2 65 733
Commercial paper 574 - - 574
Other securities 278 17 - 295
Total securities available for sale $ 45,644 $ 552 $ 73 $ 46,123
Securities held to maturity:
U.S. agency mortgage-backed securities $ 17,750 $ 558 $ 19 $ 18,289
Other securities 444 - 1 443
Total securities held to maturity $ 18,194 $ 558 $ 20 $ 18,732