Charles Schwab Trust Bank is an FDIC insured institution headquartered at
3000 Schwab Way, Westlake, TX 76262.
It was founded in
0000 and has approximately $12 billion in
assets. Customers can open an account at one of its 0 branches.
Flexible terms, redraw up to 100%, borrow $15k-$400k
Approval in 5 minutes. Funding in as few as 5 days
Use to consolidate debt or finance your next home project
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
97% of borrowers would recommend to friends or family
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Overview 2023
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 59108
Date Established
0000
Assets
$ 11.77 billion
Loans
N.A.
Deposits
$ 11.25 billion
Capital
$ 489.00 million
Summary Balance Sheet as of June 30, 2023
ASSETS
Cash & Balances due from depository institutions
$ 1,468.00 million
Interest-bearing balances
$ 1,434.00 million
Total securities
$ 10.00 billion
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
N.A.
Loan loss allowance
N.A.
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
N.A.
Goodwill and other intangibles
N.A.
All other assets
$ 222.00 million
Total Assets
$ 11.28 billion
LIABILITIES
Total deposits
$ 11.25 billion
Interest-bearing deposits
$ 10.17 billion
Deposits held in domestic offices
$ 11.25 billion
% insured (estimated)
95.27%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
N.A.
Subordinated debt
N.A.
All other liabilities
$ 28.00 millionn
Total Liabilities
$ 11.28 billion
Shareholders’ Equity
$ 489.00 million
Summary Income Statement as of June 30, 2023
INCOME AND EXPENSES
Total Interest Income
$ 155.00 million
Total Interest Expense
$ 35.00 million
Net interest income
$ 120.00 million
Provision for loan and lease losses
N.A.
Total non interest income
$ 51.00 million
Total non interest expense
$ 55.00 million
Pre-tax Net Operating Income
$ 83.00 million
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