Charles Schwab Bank

Branches

Your current location is: New York, NY

Charles Schwab Bank Locations

Rates - November 23, 2019

Your current location is: New York, NY

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Overview 2019

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57450
Date Established 2003
Assets $214.53 billion
Loans $16.73 billion
Deposits $195.29 billion
Capital $15.87 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $20.72 billion
Interest-bearing balances $20.68 billion
Total securities $175.86 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $16.73 billion
Loan loss allowance $0.02 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.02 billion
All other assets $1.20 billion
     Total Assets $198.66 billion

LIABILITIES
Total deposits $195.29 billion
      Interest-bearing deposits $194.55 billion
      Deposits held in domestic offices $195.29 billion
      % insured (estimated) 80.40%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $3.37 billion
      Total Liabilities $198.66 billion
      Shareholders’ Equity $15.87 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $2.98 billion
Total Interest Expense $0.42 billion
Net interest income $2.56 billion
Provision for loan and lease losses $-0.00 billion
Total non interest income $0.04 billion
Total non interest expense $0.26 billion
Pre-tax Net Operating Income $2.35 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 $215 billion in assets. Customers can open an account at one of its 12 branches.