Charles Schwab 2014 Annual Report Download - page 86

Download and view the complete annual report

Please find page 86 of the 2014 Charles Schwab annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 140

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140

THE CHARLES SCHWAB CORPORATION
Notes to Consolidated Financial Statements
(Tabular Amounts in Millions, Except Per Share Data, Option Price Amounts, Ratios, or as Noted)
- 68 -
Weighted Percent of Loans
Avera
g
e Utilization that are on
December 31, 2014 Balance U
p
dated FICO Rate (1)
N
onaccrual Status
Residential real estate mortgages:
Estimated Current LTV
<70% $ 7,131 774 N/A
0.04 %
>70% – <90% 882 765 N/A
0.50 %
>90% – <100% 61 740 N/A
2.95 %
>100% 53 726 N/A
10.95 %
Total $ 8,127 773 N/A
0.18 %
Home equity loans and lines of credit:
Estimated Current Combined LTV
<70% $ 2,282 773 36 % 0.08 %
>70% – <90% 526 762 48 % 0.34 %
>90% – <100% 81 749 61 % 1.67 %
>100% 66 742 63 % 1.54 %
Total $ 2,955 769 39 % 0.20 %
(1) The Utilization Rate is calculated using the outstanding HELOC balance divided by the associated total line of credit.
N/A Not applicable.
Residential Home equity
real estate loans and
December 31, 2014 mortgages lines of credit
Year of origination
Pre-2010 $ 749 $ 2,076
2010 370 168
2011 588 137
2012 2,107 147
2013 3,047 250
2014 1,266 177
Total $ 8,127 $ 2,955
Origination FICO
<620 $ 10 $ -
620 – 679 97 18
680 – 739 1,366 549
>740 6,654 2,388
Total $ 8,127 $ 2,955
Origination LTV
<70% $ 5,572 $ 1,979
>70% – <90% 2,538 955
>90% – <100% 17 21
Total $ 8,127 $ 2,955