Loans to Banking Clients and Related Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2013

Loans to Banking Clients and Related Allowance for Loan Losses [Abstract]

Composition of Loans to Banking Clients by Loan Segment

December 31,		2013		2012
Residential real estate mortgages	$	8,006	$	6,507
Home equity lines of credit		3,041		3,287
Personal loans secured by securities		1,384		963
Other		36		25
Total loans to banking clients (1)		12,467		10,782
Allowance for loan losses		(48)		(56)
Total loans to banking clients – net	$	12,419	$	10,726

(1) Loans are evaluated for impairment by loan segment.

Changes in Allowance for Loan Losses

Year Ended	December 31, 2013								December 31, 2012								December 31, 2011
	Residential			Home					Residential			Home					Residential			Home
	real estate			equity lines					real estate			equity lines					real estate			equity lines
	mortgages			of credit			Total		mortgages			of credit			Total		mortgages			of credit			Total
Balance at beginning of year		$	36		$	20	$	56		$	40		$	14	$	54		$	38		$	15	$	53
Charge-offs			(5)			(6)		(11)			(7)			(9)		(16)			(11)			(8)		(19)
Recoveries			2			2		4			2			-		2			1			1		2
Provision for loan losses			1			(2)		(1)			1			15		16			12			6		18
Balance at end of year		$	34		$	14	$	48		$	36		$	20	$	56		$	40		$	14	$	54

Delinquency Analysis by Loan Class

								>90 days past
			30-59 days		60-89 days			due and other			Total		Total
December 31, 2013	Current		past due		past due			nonaccrual loans			past due		loans
Residential real estate mortgages:
First mortgages	$	7,808	$	3		$	4		$	30	$	37	$	7,845
Purchased first mortgages		154		1			-			6		7		161
Home equity lines of credit		3,025		2			2			12		16		3,041
Personal loans secured by securities		1,384		-			-			-		-		1,384
Other		36		-			-			-		-		36
Total loans to banking clients	$	12,407	$	6		$	6		$	48	$	60	$	12,467
December 31, 2012
Residential real estate mortgages:
First mortgages	$	6,291	$	22		$	2		$	33	$	57	$	6,348
Purchased first mortgages		154		1			-			4		5		159
Home equity lines of credit		3,269		5			2			11		18		3,287
Personal loans secured by securities		963		-			-			-		-		963
Other		22		3			-			-		3		25
Total loans to banking clients	$	10,699	$	31		$	4		$	48	$	83	$	10,782

Credit Quality of Residential Real Estate Mortgages and HELOCs by Reviewing FICO Scores at Origination, Current FICO Scores, Loan-To-Value Ratio

	Residential real estate mortgages
	First		Purchased				Home equity
December 31, 2013	mortgages		first mortgages		Total		lines of credit
Year of origination
Pre-2009	$	674	$	51	$	725	$	2,044
2009		185		4		189		260
2010		503		7		510		191
2011		733		38		771		155
2012		2,403		26		2,429		162
2013		3,347		35		3,382		229
Total	$	7,845	$	161	$	8,006	$	3,041
Origination FICO
<620	$	10	$	1	$	11	$	-
620 – 679		96		14		110		20
680 – 739		1,352		32		1,384		576
>740		6,387		114		6,501		2,445
Total	$	7,845	$	161	$	8,006	$	3,041
Updated FICO
<620	$	50	$	5	$	55	$	42
620 – 679		209		10		219		106
680 – 739		1,012		29		1,041		453
>740		6,574		117		6,691		2,440
Total	$	7,845	$	161	$	8,006	$	3,041
Origination LTV
<70%	$	5,306	$	110	$	5,416	$	2,040
>70% – <90%		2,523		45		2,568		977
>90% – <100%		16		6		22		24
Total	$	7,845	$	161	$	8,006	$	3,041

							Percent of Loans
							that are 90+ Days
							Past Due and
			Weighted				Less than 90 Days
			Average		Utilization		Past Due but on
December 31, 2013	Balance		Updated FICO		Rate (1)		Nonaccrual Status
Residential real estate mortgages:
Estimated Current LTV
<70%	$	6,649		775	N/A		0.05	%
>70% – <90%		1,181		763	N/A		0.34	%
>90% – <100%		86		732	N/A		4.77	%
>100%		90		730	N/A		10.50	%
Total	$	8,006		772	N/A		0.26	%
Home equity lines of credit:
Estimated Current LTV
<70%	$	2,127		773	36	%	0.13	%
>70% – <90%		664		762	48	%	0.22	%
>90% – <100%		127		752	59	%	1.22	%
>100%		123		743	63	%	1.34	%
Total	$	3,041		769	39	%	0.24	%

(1) The Utilization Rate is calculated using the outstanding HELOC balance divided by the associated total line of credit.

N/A Not applicable.

	Residential real estate mortgages
	First		Purchased				Home equity
December 31, 2012	mortgages		first mortgages		Total		lines of credit
Year of origination
Pre-2009	$	867	$	62	$	929	$	2,338
2009		305		6		311		338
2010		909		12		921		249
2011		1,270		53		1,323		198
2012		2,997		26		3,023		164
Total	$	6,348	$	159	$	6,507	$	3,287
Origination FICO
<620	$	10	$	1	$	11	$	-
620 – 679		98		16		114		23
680 – 739		1,141		40		1,181		633
>740		5,099		102		5,201		2,631
Total	$	6,348	$	159	$	6,507	$	3,287
Updated FICO
<620	$	54	$	6	$	60	$	49
620 – 679		191		13		204		117
680 – 739		940		34		974		510
>740		5,163		106		5,269		2,611
Total	$	6,348	$	159	$	6,507	$	3,287
Origination LTV
<70%	$	4,189	$	97	$	4,286	$	2,225
>70% – <90%		2,142		54		2,196		1,036
>90% – <100%		17		8		25		26
Total	$	6,348	$	159	$	6,507	$	3,287

							Percent of Loans
							that are 90+ Days
							Past Due and
			Weighted				Less than 90 Days
			Average		Utilization		Past Due but on
December 31, 2012	Balance		Updated FICO		Rate (1)		Nonaccrual Status
Residential real estate mortgages:
Estimated Current LTV
<70%	$	4,162		772	N/A		0.05	%
>70% – <90%		1,841		764	N/A		0.22	%
>90% – <100%		168		750	N/A		0.51	%
>100%		336		741	N/A		5.34	%
Total	$	6,507		768	N/A		0.38	%
Home equity lines of credit:
Estimated Current LTV
<70%	$	1,559		773	36	%	0.14	%
>70% – <90%		1,020		766	46	%	0.18	%
>90% – <100%		267		759	54	%	0.44	%
>100%		441		753	59	%	1.06	%
Total	$	3,287		767	42	%	0.31	%

(1) The Utilization Rate is calculated using the outstanding HELOC balance divided by the associated total line of credit.

N/A Not applicable.