eTrade 2005 Annual Report Download - page 42

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Our significant growth during 2005 has not impacted our asset quality. The ratio of nonperforming loans, net to total loans, net
remained relatively flat at 0.18% at December31, 2005 versus 0.17% at December31, 2004. We expect this ratio to increase over
time as new loans season.
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Customer cash and deposits, which include deposits, free credits held and money market balances held in outside funds,
increased by $10.1 billion over December31, 2004. Retail deposits increased $3.5 billion, or 29%. The increase in deposits was
mainly driven by our acquisitions and organic growth in the majority of our deposit products: SDA, money market and
certificates of deposit accounts. Money market balances held in outside funds increased by $7.0 billion due to the acquisitions.
We believe this growth is a result of our acquisitions and the introduction of E*TRADE Complete Cash Optimizer, as well as an
overall focus on price, rate and functionality for our retail customers.
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DARTs increased 17% and 9% compared with 2004 and 2003, respectively. The increases were driven by a combination of our
acquisitions during 2005 and an overall focus on price, functionality and service for our retail trading customers. In addition,
market performance also played a role in our performance.
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2006. EDGAR Online, Inc.