Fair Values of Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2013

Fair Values of Assets and Liabilities [Abstract]

Fair Value Hierarchy for Assets Measured at Fair Value

	Quoted Prices
	in Active Markets			Significant			Significant
	for Identical			Other Observable			Unobservable
	Assets			Inputs			Inputs			Balance at
June 30, 2013	(Level 1)			(Level 2)			(Level 3)			Fair Value
Cash equivalents:
Money market funds		$	18		$	-		$	-	$	18
Commercial paper			-			21			-		21
Total cash equivalents			18			21			-		39
Investments segregated and on deposit for regulatory purposes:
Certificates of deposit			-			2,651			-		2,651
U.S. Government securities			-			2,148			-		2,148
Total investments segregated and on deposit for regulatory
purposes			-			4,799			-		4,799
Other securities owned:
Schwab Funds® money market funds			218			-			-		218
Equity and bond mutual funds			214			1			-		215
State and municipal debt obligations			-			33			-		33
Equity, U.S. Government and corporate debt, and other
securities			-			22			-		22
Total other securities owned			432			56			-		488
Securities available for sale:
U.S. agency mortgage-backed securities			-			18,608			-		18,608
Asset-backed securities			-			11,839			-		11,839
Corporate debt securities			-			8,319			-		8,319
Certificates of deposit			-			4,921			-		4,921
U.S. agency notes			-			3,635			-		3,635
Non-agency residential mortgage-backed securities			-			651			-		651
Commercial paper			-			160			-		160
Other securities			-			281			-		281
Total securities available for sale			-			48,414			-		48,414
Total		$	450		$	53,290		$	-	$	53,740

	Quoted Prices
	in Active Markets			Significant			Significant
	for Identical			Other Observable			Unobservable
	Assets			Inputs			Inputs			Balance at
December 31, 2012	(Level 1)			(Level 2)			(Level 3)			Fair Value
Cash equivalents:
Money market funds		$	413		$	-		$	-		$	413
Commercial paper			-			1,076			-			1,076
Total cash equivalents			413			1,076			-			1,489
Investments segregated and on deposit for regulatory purposes:
Certificates of deposit			-			2,976			-			2,976
U.S. Government securities			-			1,767			-			1,767
Total investments segregated and on deposit for regulatory
purposes			-			4,743			-			4,743
Other securities owned:
Schwab Funds® money market funds			329			-			-			329
Equity and bond mutual funds			217			-			-			217
State and municipal debt obligations			-			48			-			48
Equity, U.S. Government and corporate debt, and other
securities			2			40			-			42
Total other securities owned			548			88			-			636
Securities available for sale:
U.S. agency mortgage-backed securities			-			20,476			-			20,476
Asset-backed securities			-			8,164			-			8,164
Corporate debt securities			-			6,256			-			6,256
Certificates of deposit			-			6,161			-			6,161
U.S. agency notes			-			3,464			-			3,464
Non-agency residential mortgage-backed securities			-			733			-			733
Commercial paper			-			574			-			574
Other securities			-			295			-			295
Total securities available for sale			-			46,123			-			46,123
Total		$	961		$	52,030		$	-		$	52,991

Fair Value Hierarchy for Financial Instruments Not Recorded at Fair Value

				Quoted Prices
				in Active Markets			Significant			Significant
				for Identical			Other Observable			Unobservable
	Carrying			Assets			Inputs			Inputs			Balance at
June 30, 2013	Amount			(Level 1)			(Level 2)			(Level 3)			Fair Value
Assets:
Cash and cash equivalents		$	6,195		$	-		$	6,195		$	-		$	6,195
Cash and investments segregated and
on deposit for regulatory purposes			22,206			-			22,206			-			22,206
Receivables from brokers, dealers, and
clearing organizations			395			-			395			-			395
Receivables from brokerage clients – net			12,821			-			12,821			-			12,821
Securities held to maturity:
U.S. agency mortgage-backed securities			24,887			-			24,428			-			24,428
Other securities			931			-			860			-			860
Total securities held to maturity			25,818			-			25,288			-			25,288
Loans to banking clients – net:
Residential real estate mortgages			7,430			-			7,451			-			7,451
Home equity lines of credit			3,108			-			3,059			-			3,059
Personal loans secured by securities			1,166			-			1,166			-			1,166
Other			28			-			28			-			28
Total loans to banking clients – net			11,732			-			11,704			-			11,704
Other assets			63			-			63			-			63
Total		$	79,230		$	-		$	78,672		$	-		$	78,672
Liabilities:
Deposits from banking clients		$	84,345		$	-		$	84,345		$	-		$	84,345
Payables to brokers, dealers, and clearing
organizations			2,150			-			2,150			-			2,150
Payables to brokerage clients			36,852			-			36,852			-			36,852
Accrued expenses and other liabilities			426			-			426			-			426
Long-term debt			1,630			-			1,738			-			1,738
Total		$	125,403		$	-		$	125,511		$	-		$	125,511

				Quoted Prices
				in Active Markets			Significant			Significant
				for Identical			Other Observable			Unobservable
	Carrying			Assets			Inputs			Inputs			Balance at
December 31, 2012	Amount			(Level 1)			(Level 2)			(Level 3)			Fair Value
Assets:
Cash and cash equivalents		$	11,174		$	-		$	11,174		$	-		$	11,174
Cash and investments segregated and
on deposit for regulatory purposes			23,723			-			23,723			-			23,723
Receivables from brokers, dealers, and
clearing organizations			333			-			333			-			333
Receivables from brokerage clients – net			13,453			-			13,453			-			13,453
Securities held to maturity:
U.S. agency mortgage-backed securities			17,750			-			18,289			-			18,289
Other securities			444			-			443			-			443
Total securities held to maturity			18,194			-			18,732			-			18,732
Loans to banking clients – net:
Residential real estate mortgages			6,471			-			6,687			-			6,687
Home equity lines of credit			3,267			-			3,295			-			3,295
Personal loans secured by securities			963			-			963			-			963
Other			25			-			24			-			24
Total loans to banking clients – net			10,726			-			10,969			-			10,969
Other assets			64			-			64			-			64
Total		$	77,667		$	-		$	78,448		$	-		$	78,448
Liabilities:
Deposits from banking clients		$	79,377		$	-		$	79,377		$	-		$	79,377
Payables to brokers, dealers, and clearing
organizations			1,068			-			1,068			-			1,068
Payables to brokerage clients			40,330			-			40,330			-			40,330
Accrued expenses and other liabilities			353			-			353			-			353
Long-term debt			1,632			-			1,782			-			1,782
Total		$	122,760		$	-		$	122,910		$	-		$	122,910