Charles Schwab Bank in Reno, Nevada (NV), CA
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Charles Schwab Bank in Reno, Nevada (NV), CA
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Charles Schwab Bank - Overview

  • General
  • FDIC Certificate #: 57450
    Status: Active
    Federal Reserve ID: 3150447
    Date Established: April 28, 2003
    WWW: http://www.schwabbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 12 (Domestic: 12, Interstate: Yes)
    OTS Docket #: 18077
    FDIC's unique #: 363798
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: April 28, 2003
    Last Structure Change Effective Date: September 12, 2011
    Last Structure Change Process Date: September 12, 2011
    Last Data Update: September 12, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 5190 Neil Road, Reno, NV 89502
    County: Washoe
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Phoenix
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Reno, NV (#6720)
    Combined Statistical Area (CSA): Reno-Sparks-Fernley, NV (#456)
    Core Based Statistical Area (CBSA): Reno-Sparks, NV (#39900)
    CBSA Metro Statistical Area: Reno-Sparks, NV (#39900)
  • History of Changes
  • Corrections
  • Financial Summary
  • Total assets: $66,063.5 mil
    Equity capital: $5,009.0 mil
    Deposits held in domestic offices: $60,880.1 mil
    Return on assets (ROA): 1.07% ($706.9 mil)
    Quarterly return on assets: 0.92% ($607.8 mil)
    Return on Equity (ROE): 13.92% ($697.3 mil)
    Quarterly return on equity: 11.99% ($600.6 mil)
    Net income: $626.7 mil
    Quarterly Net income: $143.4 mil
    Pretax return on assets: 1.71% ($1,129,686.4 mil)
    Quarterly Pretax return on assets: 1.39% ($918,283.1 mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 429Total employees (full-time equivalent)
  • $66,063,531Total assets
  • $9,631,997Cash and due from depository institutions
  • $9,533,182Interest-bearing balances
  • $46,007,293Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $9,868,076Net loans & leases
  • $50,940Loan loss allowance
  • $0Trading account assets
  • $719Bank premises and fixed assets
  • $4,556Other real estate owned
  • $17,023Goodwill and other intangibles
  • $66,063,531Life insurance assets
  • $533,867All other assets
  • $61,054,559Total liabilities and capital
  • $60,880,111Total liabilities
  • $60,396,831Total deposits
  • $60,880,111Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $174,448Subordinated debt
  • $5,008,972All other liabilities
  • $5,008,972Total equity capital
  • $5,008,972Total bank equity capital
  • $0Perpetual preferred stock
  • $100,000Common stock
  • $2,773,217Surplus
  • $2,135,755Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $49,289Income earned, not collected on loans
  • $0Earning assets
  • $125,665Long-term assets (5+ years)
  • $65,408,551Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $58,534,347Volatile liabilities
  • $62,532,397Insider loans
  • $21,262,236FHLB advances
  • $66,038,068Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,984,113Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,800,598Restructured Loans and leases
  • $7,423Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,270,416Total interest income
  • $61,682Total interest expense
  • $1,208,734Net interest income
  • $17,880Provision for loan and lease losses
  • $119,879Total noninterest income
  • $0Fiduciary activities
  • $1,538Service charges on deposit accounts
  • $0Trading account gains & fees
  • $118,341Additional noninterest income
  • $281,571Total noninterest expense
  • $48,062Salaries and employee benefits
  • $20,870Premises and equipment expense
  • $212,639Additional noninterest expense
  • $1,029,162Pre-tax net operating income
  • -$29,544Securities gains (losses)
  • $372,893Applicable income taxes
  • $626,725Income before extraordinary items
  • $0Extraordinary gains - net
  • $626,725Net income attributable to bank
  • $0Net charge-offs
  • $626,725Cash dividends
  • $18,119Sale, conversion, retirement of capital stock, net
  • $150,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.19%Yield on earning assets
  • 0.11%Cost of funding earning assets
  • 2.09%Net interest margin
  • 0.21%Noninterest income to earning assets
  • 0.49%Noninterest expense to earning assets
  • 1.10%Net operating income to assets
  • 1.07%Return on assets (ROA)
  • 1.71%Pretax return on assets
  • 13.92%Return on equity (ROE)
  • 10.59%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 98.68%Credit loss provision to net charge-offs
  • 57.79%Efficiency ratio
  • 21,119Assets per employee
  • 153.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 23.93%Loss allowance to loans
  • 0.51%Loss allowance to noncurrent loans
  • 103.35%Noncurrent assets plus other real estate owned to assets
  • 0.08%Noncurrent loans to loans
  • 0.50%Net loans and leases to deposits
  • 16.21%Net loans and leases to core deposits
  • 16.21%Equity capital to assets
  • 7.58%Core capital (leverage) ratio
  • 7.55%Tier 1 risk-based capital ratio
  • 23.44%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $58,534,347Average earning assets
  • $4,503,196Average equity
  • $57,937,469Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $106,006,608Managed Assets
  • 1Number of Accounts
  • $1,802,882Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $1,802,882Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 3959Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $104,203,726Other retirement accounts
  • $1,470,448Corporate trust and agency accounts
  • $97,302,589Other fiduciary accounts
  • $1,360,373Fiduciary accounts held in foreign offices

List of branches

  • 10 California Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    1495232100 Post Street Branch100 Post St, San Francisco, CA 94108June 02, 2009Full Service Brick and Mortar
    2495233106 West Portal Avenue Branch106 West Portal Avenue, San Francisco, CA 94127June 03, 2009Full Service Brick and Mortar
    34952351300 South El Camino Real Branch1300 South El Camino Real, San Mateo, CA 94402June 04, 2009Full Service Brick and Mortar
    4495236200 California Street Branch200 California Street, San Francisco, CA 94111June 01, 2009Full Service Brick and Mortar
    5495237211 Main Street Branch211 Main Street, San Francisco, CA 94105October 22, 2008Full Service Brick and Mortar
    6495238403 Corte Madera Town Center Branch403 Corte Madera Town Center, Corte Madera, CA 94925October 20, 2008Full Service Brick and Mortar
    8518526Campbell California Branch10 E Hamilton Ave, Suite 800, Campbell, CA 95008May 27, 2010Full Service Brick and Mortar
    9518535Sunnyvale Branch438 East El Camino Real, Sunnyvale, CA 94087June 02, 2010Full Service Brick and Mortar
    105185363478 California St Branch3478 California St, Suite 100, San Francisco, CA 94118May 25, 2010Full Service Brick and Mortar
    11518537Los Altos Branch301 S San Antonio Road, Los Altos, CA 94022June 08, 2010Full Service Brick and Mortar
  • 2 Nevada Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    0363798Charles Schwab Bank5190 Neil Road, Reno, NV 89502April 28, 2003Full Service Brick and Mortar
    74952396502 S Mccarran Blvd. Branch6502 S Mccarran Blvd, Reno, NV 89509June 02, 2009Full Service Brick and Mortar

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