Charles Schwab Bank

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Charles Schwab Bank Locations

Rates - July 6, 2020

Your current location is: Virginia, Ashburn

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Overview 2020

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57450
Date Established 2003
Assets $ 216.65 billion
Loans $ 18.33 billion
Deposits $ 201.39 billion
Capital $ 14.83 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 19.91 billion
Interest-bearing balances $ 19.84 billion
Total securities $ 177.05 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 18.33 billion
Loan loss allowance $ 18.00 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.00 million
Goodwill and other intangibles $ 17.00 million
All other assets $ 1,344.00 million
     Total Assets $ 201.82 billion

LIABILITIES
Total deposits $ 201.39 billion
      Interest-bearing deposits $ 200.63 billion
      Deposits held in domestic offices $ 201.39 billion
      % insured (estimated) 80.24%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 432.00 millionn
      Total Liabilities $ 201.82 billion
      Shareholders’ Equity $ 14.83 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 5.68 billion
Total Interest Expense $ 656.00 million
Net interest income $ 5.03 billion
Provision for loan and lease losses N.A.
Total non interest income $ 91.00 million
Total non interest expense $ 517.00 million
Pre-tax Net Operating Income $ 4.61 billion

Charles Schwab Bank is an FDIC insured institution headquartered at 2360 Corporate Circle Suite 400, Henderson, NV 89074.
It was founded in 2003 and has approximately $217 billion in assets. Customers can open an account at one of its 12 branches.

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