Home > Charles Schwab Trust Bank > Income and Expense

Charles Schwab Trust Bank, Income and Expense

2023-12-31 (YTD Data)Rank
Total interest income$309,000,000223
Total interest expense$69,000,000308
Net interest income$240,000,000198
Provision for loan and lease losses$03,275
Total noninterest income$112,000,000136
Gross Fiduciary activities income$106,000,00042
Service charges on deposit accounts$04,423
Trading account gains and fees$0123
Additional Noninterest Income$6,000,000782
Total noninterest expense$103,000,000315
Salaries and employee benefits$33,000,000482
Premises and equipment expense$1,000,0002,028
Additional noninterest expense$6,000,000782
Pre-tax net operating income$249,000,000113
Securities gains (losses)$-4,000,0004,466
Applicable income taxes$57,000,000102
Income before extraordinary items$188,000,000109
Extraordinary gains, net$054
Net income$188,000,000112
Minority interest net income$088
Net income of bank and minority interests.$188,000,000111
Net charge-offs$02,884
Cash dividends$03,459
Sale, conversion, retirement of capital stock, net$0540
Net operating income$191,160,000116
2023-09-30 (YTD Data)Rank
Total interest income$236,000,000220
Total interest expense$53,000,000291
Net interest income$183,000,000196
Provision for loan and lease losses$03,085
Total noninterest income$79,000,000148
Gross Fiduciary activities income$73,000,00042
Service charges on deposit accounts$6,000,000196
Trading account gains and fees$0125
Additional Noninterest Income$04,497
Total noninterest expense$79,000,000310
Salaries and employee benefits$25,000,000478
Premises and equipment expense$04,553
Additional noninterest expense$04,533
Pre-tax net operating income$183,000,000119
Securities gains (losses)$0849
Applicable income taxes$42,000,000111
Income before extraordinary items$141,000,000117
Extraordinary gains, net$052
Net income$141,000,000117
Minority interest net income$081
Net income of bank and minority interests.$141,000,000117
Net charge-offs$02,641
Cash dividends$03,078
Sale, conversion, retirement of capital stock, net$0507
Net operating income$141,000,000122
2023-06-30 (YTD Data)Rank
Total interest income$155,000,000214
Total interest expense$35,000,000264
Net interest income$120,000,000197
Provision for loan and lease losses$02,940
Total noninterest income$51,000,000150
Gross Fiduciary activities income$48,000,00042
Service charges on deposit accounts$3,000,000232
Trading account gains and fees$0112
Additional Noninterest Income$04,562
Total noninterest expense$55,000,000288
Salaries and employee benefits$15,000,000520
Premises and equipment expense$04,583
Additional noninterest expense$04,565
Pre-tax net operating income$116,000,000125
Securities gains (losses)$0938
Applicable income taxes$27,000,000112
Income before extraordinary items$89,000,000124
Extraordinary gains, net$051
Net income$89,000,000126
Minority interest net income$081
Net income of bank and minority interests.$89,000,000124
Net charge-offs$02,431
Cash dividends$02,952
Sale, conversion, retirement of capital stock, net$0486
Net operating income$89,000,000127
2023-03-31 (YTD Data)Rank
Total interest income$79,000,000217
Total interest expense$18,000,000236
Net interest income$61,000,000195
Provision for loan and lease losses$02,612
Total noninterest income$26,000,000142
Gross Fiduciary activities income$25,000,00044
Service charges on deposit accounts$1,000,000325
Trading account gains and fees$097
Additional Noninterest Income$04,577
Total noninterest expense$33,000,000258
Salaries and employee benefits$8,000,000497
Premises and equipment expense$04,654
Additional noninterest expense$04,577
Pre-tax net operating income$54,000,000135
Securities gains (losses)$0950
Applicable income taxes$13,000,000121
Income before extraordinary items$41,000,000134
Extraordinary gains, net$04
Net income$41,000,000134
Minority interest net income$048
Net income of bank and minority interests.$41,000,000134
Net charge-offs$02,062
Cash dividends$02,337
Sale, conversion, retirement of capital stock, net$0430
Net operating income$41,000,000137
2022-12-31 (YTD Data)Rank
Total interest income$245,000,000213
Total interest expense$28,000,000212
Net interest income$217,000,000211
Provision for loan and lease losses$03,012
Total noninterest income$101,000,000158
Gross Fiduciary activities income$96,000,00044
Service charges on deposit accounts$5,000,000278
Trading account gains and fees$0116
Additional Noninterest Income$04,616
Total noninterest expense$121,000,000271
Salaries and employee benefits$28,000,000550
Premises and equipment expense$1,000,0002,003
Additional noninterest expense$04,616
Pre-tax net operating income$197,000,000143
Securities gains (losses)$-1,000,0004,458
Applicable income taxes$44,000,000140
Income before extraordinary items$152,000,000144
Extraordinary gains, net$05
Net income$152,000,000144
Minority interest net income$063
Net income of bank and minority interests.$152,000,000144
Net charge-offs$02,620
Cash dividends$240,000,00055
Sale, conversion, retirement of capital stock, net$0568
Net operating income$152,790,000143
2022-09-30 (YTD Data)Rank
Total interest income$164,000,000220
Total interest expense$11,000,000247
Net interest income$153,000,000214
Provision for loan and lease losses$02,835
Total noninterest income$76,000,000163
Gross Fiduciary activities income$73,000,00044
Service charges on deposit accounts$3,000,000344
Trading account gains and fees$0111
Additional Noninterest Income$04,654
Total noninterest expense$91,000,000268
Salaries and employee benefits$21,000,000539
Premises and equipment expense$1,000,0001,686
Additional noninterest expense$04,654
Pre-tax net operating income$138,000,000153
Securities gains (losses)$-1,000,0004,561
Applicable income taxes$32,000,000151
Income before extraordinary items$105,000,000158
Extraordinary gains, net$04
Net income$105,000,000158
Minority interest net income$057
Net income of bank and minority interests.$105,000,000158
Net charge-offs$02,349
Cash dividends$100,000,00087
Sale, conversion, retirement of capital stock, net$0519
Net operating income$105,790,000157
2022-06-30 (YTD Data)Rank
Total interest income$94,000,000230
Total interest expense$2,000,000584
Net interest income$92,000,000226
Provision for loan and lease losses$02,599
Total noninterest income$52,000,000154
Gross Fiduciary activities income$49,000,00035
Service charges on deposit accounts$2,000,000339
Trading account gains and fees$0108
Additional Noninterest Income$1,000,0001,682
Total noninterest expense$61,000,000258
Salaries and employee benefits$14,000,000538
Premises and equipment expense$1,000,0001,196
Additional noninterest expense$46,000,000145
Pre-tax net operating income$83,000,000166
Securities gains (losses)$0687
Applicable income taxes$19,000,000160
Income before extraordinary items$64,000,000169
Extraordinary gains, net$04
Net income$64,000,000169
Minority interest net income$060
Net income of bank and minority interests.$64,000,000169
Net charge-offs$02,156
Cash dividends$02,961
Sale, conversion, retirement of capital stock, net$0494
Net operating income$64,000,000167
2022-03-31 (YTD Data)Rank
Total interest income$42,000,000249
Total interest expense$1,000,000553
Net interest income$41,000,000238
Provision for loan and lease losses$02,285
Total noninterest income$27,000,000149
Gross Fiduciary activities income$26,000,00035
Service charges on deposit accounts$1,000,000334
Trading account gains and fees$0103
Additional Noninterest Income$04,711
Total noninterest expense$30,000,000261
Salaries and employee benefits$7,000,000537
Premises and equipment expense$04,776
Additional noninterest expense$23,000,000147
Pre-tax net operating income$38,000,000164
Securities gains (losses)$0623
Applicable income taxes$9,000,000156
Income before extraordinary items$29,000,000168
Extraordinary gains, net$04
Net income$29,000,000168
Minority interest net income$050
Net income of bank and minority interests.$29,000,000168
Net charge-offs$01,838
Cash dividends$02,284
Sale, conversion, retirement of capital stock, net$0453
Net operating income$29,000,000168
2021-12-31 (YTD Data)Rank
Total interest income$139,000,000279
Total interest expense$4,000,000673
Net interest income$135,000,000268
Provision for loan and lease losses$03,064
Total noninterest income$109,000,000161
Gross Fiduciary activities income$105,000,00034
Service charges on deposit accounts$4,000,000315
Trading account gains and fees$0132
Additional Noninterest Income$04,779
Total noninterest expense$97,000,000314
Salaries and employee benefits$25,000,000592
Premises and equipment expense$2,000,0001,205
Additional noninterest expense$70,000,000169
Pre-tax net operating income$147,000,000181
Securities gains (losses)$2,000,000137
Applicable income taxes$35,000,000173
Income before extraordinary items$114,000,000184
Extraordinary gains, net$010
Net income$114,000,000184
Minority interest net income$074
Net income of bank and minority interests.$114,000,000184
Net charge-offs$02,705
Cash dividends$03,608
Sale, conversion, retirement of capital stock, net$0582
Net operating income$112,420,000184
2021-09-30 (YTD Data)Rank
Total interest income$99,000,000296
Total interest expense$3,000,000712
Net interest income$96,000,000280
Provision for loan and lease losses$02,963
Total noninterest income$82,000,000165
Gross Fiduciary activities income$79,000,00034
Service charges on deposit accounts$3,000,000312
Trading account gains and fees$0132
Additional Noninterest Income$04,851
Total noninterest expense$72,000,000315
Salaries and employee benefits$19,000,000589
Premises and equipment expense$1,000,0001,706
Additional noninterest expense$52,000,000173
Pre-tax net operating income$106,000,000184
Securities gains (losses)$2,000,000116
Applicable income taxes$25,000,000182
Income before extraordinary items$83,000,000186
Extraordinary gains, net$08
Net income$83,000,000186
Minority interest net income$069
Net income of bank and minority interests.$83,000,000186
Net charge-offs$02,463
Cash dividends$03,251
Sale, conversion, retirement of capital stock, net$0543
Net operating income$81,420,000187
2021-06-30 (YTD Data)Rank
Total interest income$62,000,000300
Total interest expense$2,000,000751
Net interest income$60,000,000292
Provision for loan and lease losses$02,862
Total noninterest income$55,000,000167
Gross Fiduciary activities income$53,000,00034
Service charges on deposit accounts$2,000,000302
Trading account gains and fees$0133
Additional Noninterest Income$04,878
Total noninterest expense$50,000,000307
Salaries and employee benefits$13,000,000572
Premises and equipment expense$1,000,0001,218
Additional noninterest expense$36,000,000164
Pre-tax net operating income$65,000,000201
Securities gains (losses)$2,000,00095
Applicable income taxes$16,000,000187
Income before extraordinary items$51,000,000200
Extraordinary gains, net$06
Net income$51,000,000200
Minority interest net income$067
Net income of bank and minority interests.$51,000,000200
Net charge-offs$02,245
Cash dividends$03,104
Sale, conversion, retirement of capital stock, net$0517
Net operating income$49,420,000201
2021-03-31 (YTD Data)Rank
Total interest income$32,000,000297
Total interest expense$1,000,000810
Net interest income$31,000,000285
Provision for loan and lease losses$02,741
Total noninterest income$27,000,000176
Gross Fiduciary activities income$26,000,00034
Service charges on deposit accounts$1,000,000292
Trading account gains and fees$0127
Additional Noninterest Income$04,892
Total noninterest expense$26,000,000291
Salaries and employee benefits$7,000,000527
Premises and equipment expense$04,959
Additional noninterest expense$19,000,000159
Pre-tax net operating income$32,000,000204
Securities gains (losses)$2,000,00066
Applicable income taxes$8,000,000191
Income before extraordinary items$26,000,000202
Extraordinary gains, net$03
Net income$26,000,000202
Minority interest net income$055
Net income of bank and minority interests.$26,000,000202
Net charge-offs$01,930
Cash dividends$02,452
Sale, conversion, retirement of capital stock, net$0482
Net operating income$24,420,000205
2020-12-31 (YTD Data)Rank
Total interest income$154,000,000265
Total interest expense$10,000,000505
Net interest income$144,000,000247
Provision for loan and lease losses$04,319
Total noninterest income$101,000,000169
Gross Fiduciary activities income$97,000,00036
Service charges on deposit accounts$4,000,000294
Trading account gains and fees$0133
Additional Noninterest Income$04,919
Total noninterest expense$90,000,000324
Salaries and employee benefits$23,000,000616
Premises and equipment expense$1,000,0002,039
Additional noninterest expense$66,000,000175
Pre-tax net operating income$155,000,000117
Securities gains (losses)$02,675
Applicable income taxes$35,000,000113
Income before extraordinary items$120,000,000127
Extraordinary gains, net$04
Net income$120,000,000127
Minority interest net income$072
Net income of bank and minority interests.$120,000,000127
Net charge-offs$03,443
Cash dividends$03,782
Sale, conversion, retirement of capital stock, net$0566
Net operating income$120,000,000120
2020-09-30 (YTD Data)Rank
Total interest income$120,000,000260
Total interest expense$9,000,000461
Net interest income$111,000,000240
Provision for loan and lease losses$04,239
Total noninterest income$75,000,000163
Gross Fiduciary activities income$72,000,00036
Service charges on deposit accounts$3,000,000290
Trading account gains and fees$0125
Additional Noninterest Income$04,952
Total noninterest expense$67,000,000313
Salaries and employee benefits$17,000,000613
Premises and equipment expense$1,000,0001,661
Additional noninterest expense$49,000,000176
Pre-tax net operating income$119,000,000108
Securities gains (losses)$02,494
Applicable income taxes$27,000,000101
Income before extraordinary items$92,000,000115
Extraordinary gains, net$04
Net income$92,000,000115
Minority interest net income$065
Net income of bank and minority interests.$92,000,000115
Net charge-offs$03,243
Cash dividends$03,384
Sale, conversion, retirement of capital stock, net$0532
Net operating income$92,000,000111
2020-06-30 (YTD Data)Rank
Total interest income$84,000,000253
Total interest expense$7,000,000442
Net interest income$77,000,000234
Provision for loan and lease losses$04,134
Total noninterest income$49,000,000156
Gross Fiduciary activities income$47,000,00036
Service charges on deposit accounts$2,000,000292
Trading account gains and fees$0123
Additional Noninterest Income$04,965
Total noninterest expense$45,000,000306
Salaries and employee benefits$11,000,000627
Premises and equipment expense$1,000,0001,174
Additional noninterest expense$33,000,000176
Pre-tax net operating income$81,000,00087
Securities gains (losses)$02,249
Applicable income taxes$18,000,00087
Income before extraordinary items$63,000,00098
Extraordinary gains, net$04
Net income$63,000,00097
Minority interest net income$065
Net income of bank and minority interests.$63,000,00098
Net charge-offs$03,033
Cash dividends$03,237
Sale, conversion, retirement of capital stock, net$0504
Net operating income$63,000,00092
2020-03-31 (YTD Data)Rank
Total interest income$44,000,000247
Total interest expense$6,000,000316
Net interest income$38,000,000236
Provision for loan and lease losses$03,711
Total noninterest income$25,000,000145
Gross Fiduciary activities income$24,000,00036
Service charges on deposit accounts$1,000,000338
Trading account gains and fees$0106
Additional Noninterest Income$05,006
Total noninterest expense$22,000,000312
Salaries and employee benefits$5,000,000698
Premises and equipment expense$05,097
Additional noninterest expense$17,000,000176
Pre-tax net operating income$41,000,00087
Securities gains (losses)$01,705
Applicable income taxes$9,000,00082
Income before extraordinary items$32,000,00094
Extraordinary gains, net$04
Net income$32,000,00094
Minority interest net income$056
Net income of bank and minority interests.$32,000,00094
Net charge-offs$02,581
Cash dividends$02,639
Sale, conversion, retirement of capital stock, net$0482
Net operating income$32,000,00091
2019-12-31 (YTD Data)Rank
Total interest income$60,907,000576
Total interest expense$5,111,0001,222
Net interest income$55,796,000501
Provision for loan and lease losses$03,973
Total noninterest income$41,569,000268
Gross Fiduciary activities income$38,148,00058
Service charges on deposit accounts$3,421,000380
Trading account gains and fees$0135
Additional Noninterest Income$05,067
Total noninterest expense$42,619,000555
Salaries and employee benefits$12,750,000989
Premises and equipment expense$732,0002,474
Additional noninterest expense$29,137,000293
Pre-tax net operating income$54,746,000295
Securities gains (losses)$02,379
Applicable income taxes$12,338,000287
Income before extraordinary items$42,408,000306
Extraordinary gains, net$011
Net income$42,408,000307
Minority interest net income$076
Net income of bank and minority interests.$42,408,000307
Net charge-offs$03,726
Cash dividends$03,944
Sale, conversion, retirement of capital stock, net$0626
Net operating income$42,408,000302
2019-09-30 (YTD Data)Rank
Total interest income$28,797,000885
Total interest expense$2,781,0001,575
Net interest income$26,016,000788
Provision for loan and lease losses$03,836
Total noninterest income$30,715,000267
Gross Fiduciary activities income$28,197,00059
Service charges on deposit accounts$2,518,000382
Trading account gains and fees$0129
Additional Noninterest Income$05,152
Total noninterest expense$31,023,000567
Salaries and employee benefits$9,354,0001,001
Premises and equipment expense$549,0002,492
Additional noninterest expense$21,120,000299
Pre-tax net operating income$25,708,000412
Securities gains (losses)$02,167
Applicable income taxes$6,008,000366
Income before extraordinary items$19,700,000438
Extraordinary gains, net$011
Net income$19,700,000438
Minority interest net income$072
Net income of bank and minority interests.$19,700,000438
Net charge-offs$03,455
Cash dividends$03,588
Sale, conversion, retirement of capital stock, net$0590
Net operating income$19,700,000433
2019-06-30 (YTD Data)Rank
Total interest income$13,751,0001,164
Total interest expense$1,382,0001,897
Net interest income$12,369,0001,064
Provision for loan and lease losses$03,685
Total noninterest income$20,115,000264
Gross Fiduciary activities income$18,470,00060
Service charges on deposit accounts$1,645,000390
Trading account gains and fees$0131
Additional Noninterest Income$05,202
Total noninterest expense$19,730,000595
Salaries and employee benefits$6,153,0001,009
Premises and equipment expense$366,0002,488
Additional noninterest expense$13,211,000317
Pre-tax net operating income$12,754,000505
Securities gains (losses)$01,702
Applicable income taxes$3,008,000444
Income before extraordinary items$9,746,000548
Extraordinary gains, net$011
Net income$9,746,000547
Minority interest net income$069
Net income of bank and minority interests.$9,746,000548
Net charge-offs$03,172
Cash dividends$03,456
Sale, conversion, retirement of capital stock, net$0573
Net operating income$9,746,000536
2019-03-31 (YTD Data)Rank
Total interest income$6,694,0001,186
Total interest expense$662,0001,916
Net interest income$6,032,0001,086
Provision for loan and lease losses$03,406
Total noninterest income$10,722,000244
Gross Fiduciary activities income$9,920,00058
Service charges on deposit accounts$802,000389
Trading account gains and fees$0126
Additional Noninterest Income$05,250
Total noninterest expense$9,584,000605
Salaries and employee benefits$2,906,0001,063
Premises and equipment expense$183,0002,517
Additional noninterest expense$6,495,000318
Pre-tax net operating income$7,170,000457
Securities gains (losses)$01,087
Applicable income taxes$1,692,000401
Income before extraordinary items$5,478,000488
Extraordinary gains, net$05
Net income$5,478,000487
Minority interest net income$052
Net income of bank and minority interests.$5,478,000487
Net charge-offs$02,740
Cash dividends$02,803
Sale, conversion, retirement of capital stock, net$0529
Net operating income$5,478,000476
2018-12-31 (YTD Data)Rank
Total interest income$4,615,0003,888
Total interest expense$14,0005,373
Net interest income$4,601,0003,636
Provision for loan and lease losses$04,082
Total noninterest income$05,351
Gross Fiduciary activities income$01,098
Service charges on deposit accounts$05,284
Trading account gains and fees$0126
Additional Noninterest Income$05,289
Total noninterest expense$2,798,0004,096
Salaries and employee benefits$2,247,0003,475
Premises and equipment expense$20,0005,382
Additional noninterest expense$531,0004,754
Pre-tax net operating income$1,803,0003,283
Securities gains (losses)$01,125
Applicable income taxes$423,0002,124
Income before extraordinary items$1,380,0003,476
Extraordinary gains, net$06
Net income$1,380,0003,474
Minority interest net income$072
Net income of bank and minority interests.$1,380,0003,475
Net charge-offs$03,782
Cash dividends$04,033
Sale, conversion, retirement of capital stock, net$10,000,00055
Net operating income$1,380,0003,490
2018-09-30 (YTD Data)Rank
Total interest income$1,968,0004,669
Total interest expense$5,0005,458
Net interest income$1,963,0004,517
Provision for loan and lease losses$03,948
Total noninterest income$05,427
Gross Fiduciary activities income$01,048
Service charges on deposit accounts$05,347
Trading account gains and fees$0138
Additional Noninterest Income$05,363
Total noninterest expense$1,131,0004,877
Salaries and employee benefits$934,0004,446
Premises and equipment expense$10,0005,455
Additional noninterest expense$187,0005,274
Pre-tax net operating income$832,0003,984
Securities gains (losses)$01,118
Applicable income taxes$188,0002,586
Income before extraordinary items$644,0004,130
Extraordinary gains, net$05
Net income$644,0004,129
Minority interest net income$066
Net income of bank and minority interests.$644,0004,129
Net charge-offs$03,489
Cash dividends$03,618
Sale, conversion, retirement of capital stock, net$10,000,00043
Net operating income$644,0004,132

* The data above is accumulated from the beginning of the year to the date posted. The data for Dec. 31 is the number for the entire year.