Charles Schwab Bank, SSB

Westlake, TX
IDRSSD: 3150447
Total Assets
$243.11B
Latest filing
Total Deposits
$214.26B
Latest filing
Net Interest Margin
1.67%
Profitability

Locations

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Main Office
Charles Schwab Bank, SSB
3000 Schwab Way
Westlake, TX 76262
Full Service - Brick and Mortar
Updated 11/14/2025Established 04/28/2003FDIC Certificate 363798

Branches (0)

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NameAddressCity / State
No branch data available.
Charles Schwab Bank, SSB (Main)3000 Schwab WayWestlake, TX

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date04/28/2003
Community BankNo
Ownership TypeNot Mutual
ZIP76262
State and County Number48121
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number11
Numeric code15
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictWashington
Core Based Statistical Area NameDallas-Fort Worth-Arlington, TX

Operational Info

Number of Employees1,062
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance04/28/2003
Primary Insurance AgencyDIF
Websitewww.schwabbank.com
Data Updated11/14/2025
CERT57450
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$243.11B
Total Deposits$214.26B
Total Liabilities$221.78B
Total Equity Capital$21.33B
Net Income$640.00M
Net Loans and Leases$50.93B
Assets Per Employee ($Millions)$226.36M
Bank Premises and Fixed Assets$0
Cash and Balances due from Depository Institutions$15.37B
Deposits Held in Domestic Offices$214.26B

Key Performance Ratios

Return on Assets (ROA)1.04%
Return on Equity (ROE)12.03%
Net Interest Margin1.67%
Efficiency Ratio20.92%
Tier 1 Risk-Based Capital Ratio31,514,000%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.773%
Earning Assets to total Assets97.06%

Income and Expense

Total Interest Income$1.45B
Total Noninterest Income$7.00M
Total Interest Expense$460.00M
Total Noninterest Expense$209.00M
Net Interest Income$992.00M
Pre-tax Net Operating Income$790.00M
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$1.00M
Other borrowed funds$850.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$4.79B
All Other Liabilities$1.88B
Total Liabilities and Capital$243.11B

Securities

Securities$169.71B
Available-for-sale debt securities$53.03B
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$116.68B
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Charles Schwab Bank, SSB?
$243.11B as of the latest filing.
How much are Charles Schwab Bank, SSB's total deposits?
$214.26B in total deposits.
Where is Charles Schwab Bank, SSB located?
Westlake, TX.
What is the Net Interest Margin?
1.67%.
How many domestic offices does it operate?
1.
When was it established?
04/28/2003.
What is the Return on Assets (ROA)?
1.04%.
How much are total loans and leases?
$50.93B (latest filing).
What is the total interest income (latest filing)?
$1.45B.