Charles Schwab 2014 Annual Report Download - page 124

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THE CHARLES SCHWAB CORPORATION
Supplemental Financial Data for Charles Schwab Bank (Unaudited)
(Dollars in Millions)
F-3
The following supplemental financial data is consistent with the Securities Exchange Act of 1934, Industry Guide 3 –
Statistical Disclosure by Bank Holding Companies. The accompanying unaudited financial information represents Charles
Schwab Bank (Schwab Bank), which is a subsidiary of The Charles Schwab Corporation (CSC). CSC is a savings and loan
holding company and Schwab Bank is a federal savings bank. The following information excludes intercompany balances
and transactions with CSC and its affiliates.
1. Three-year Net Interest Revenue and Average Balances
For the Year Ended December 31, 2014 2013 2012
Average Average Average Average Average Average
Balance Interest Rate Balance Interest Rate Balance Interest Rate
Assets:
Cash and cash equivalents (1) $ 5,871 $ 15 0.26 % $ 5,626 $ 15 0.27 % $ 5,575 $ 15 0.27 %
Securities available for sale (2) 52,056 546 1.05 % 49,112 557 1.13 % 39,739 583 1.47 %
Securities held to maturity 32,361 828 2.56 % 24,915 610 2.45 % 15,371 397 2.58 %
Loans to banking clients (3) 12,903 354 2.74 % 11,756 329 2.80 % 10,050 309 3.07 %
Loans held for sale - - - - - - 18 1 4.12 %
Other interest-earning assets 63 6 9.52 % 53 2 3.77 % 54 1 1.85 %
Total interest-earning assets 103,254 1,749 1.69 % 91,462 1,513 1.65 % 70,807 1,306 1.84 %
N
et unrealized gain on
securities available for sale 229 252 275
N
oninteres
t
-earning assets 525 671 566
Total Assets $ 104,008 $ 92,385 $ 71,648
Liabilities and Stockholder’s Equity:
Interest-bearing banking deposits $ 95,842 30 0.03 % $ 85,465 31 0.04 % $ 65,546 42 0.06 %
Total sources on which interest is paid 95,842 30 0.03 % 85,465 31 0.04 % 65,546 42 0.06 %
N
oninteres
t
-bearing liabilities 723 650 577
Stockholder’s equity 7,443 6,270 5,525
Total Liabilities and Stockholder’s Equity $ 104,008 $ 92,385 $ 71,648
N
et interest revenue $ 1,719 $ 1,482 $ 1,264
N
et yield on interes
t
-earning assets 1.66 %
1.62 %
1.79 %
(1) Includes deposits with banks, short-term investments, and federal funds sold.
(2) Amounts have been calculated based on amortized cost.
(3) Includes average principal balances of nonaccrual loans.