Segment Information

3 Months Ended

Mar. 31, 2015

Segment Information [Abstract]

Segment Information

12.Segment Information

The Company’s two reportable segments are Investor Services and Advisor Services. The Company structures its operating segments according to its clients and the services provided to those clients. The Investor Services segment provides retail brokerage and banking services to individual investors, retirement plan services, and corporate brokerage services. The Advisor Services segment provides custodial, trading, and support services to independent investment advisors, and retirement business services to independent retirement plan advisors and recordkeepers whose plan assets are held at Schwab Bank. Revenues and expenses are allocated to the Company’s two segments based on which segment services the client.

The Company evaluates the performance of its segments on a pre-tax basis, excluding extraordinary or significant non-recurring itemsand results of discontinued operations. Segment assets and liabilities are not used for evaluating segment performance or in deciding how to allocate resources to segments. There are no revenues from transactions between the segments.

Financial information for the Company’s reportable segments is presented in the following table:

	Investor Services				Advisor Services				Unallocated				Total
Three Months Ended March 31,	2015		2014		2015		2014		2015		2014		2015		2014
Net Revenues:
Asset management and administration fees	$	454	$	428	$	190	$	183	$	-	$	-	$	644	$	611
Net interest revenue		510		495		78		58		-		-		588		553
Trading revenue		151		171		76		76		-		-		227		247
Other		45		51		18		17		-		-		63		68
Provision for loan losses		4		(1)		-		-		-		-		4		(1)
Total net revenues		1,164		1,144		362		334		-		-		1,526		1,478
Expenses Excluding Interest		795		738		247		218		-		-		1,042		956
Income before taxes on income	$	369	$	406	$	115	$	116	$	-	$	-	$	484	$	522
Taxes on income														182		196
Net Income													$	302	$	326