Regulatory Requirements (Tables)

12 Months Ended

Dec. 31, 2020

The regulatory capital and ratios for CSC (consolidated) and CSB are as follows:


	Actual (1)				Minimum to be Well Capitalized				Minimum Capital Requirement
December 31, 2020	Amount		Ratio		Amount		Ratio		Amount		Ratio (2)
CSC
Common Equity Tier 1 Risk-Based Capital	$	22,916	18.5	%	N/A				$	5,575	4.5	%
Tier 1 Risk-Based Capital	30,649		24.7	%	N/A				7,433		6.0	%
Total Risk-Based Capital	30,688		24.8	%	N/A				9,910		8.0	%
Tier 1 Leverage	30,649		6.3	%	N/A				19,396		4.0	%
Supplementary Leverage Ratio	30,649		6.2	%	N/A				14,744		3.0	%
CSB
Common Equity Tier 1 Risk-Based Capital	$	17,526	19.2	%	$	5,919	6.5	%	$	4,098	4.5	%
Tier 1 Risk-Based Capital	17,526		19.2	%	7,285		8.0	%	5,464		6.0	%
Total Risk-Based Capital	17,558		19.3	%	9,106		10.0	%	7,285		8.0	%
Tier 1 Leverage	17,526		5.5	%	15,979		5.0	%	12,783		4.0	%
Supplementary Leverage Ratio	17,526		5.4	%	N/A		N/A		9,763		3.0	%

December 31, 2019
CSC
Common Equity Tier 1 Risk-Based Capital	$	17,660	19.5	%	N/A				$	4,073	4.5	%
Tier 1 Risk-Based Capital	20,453		22.6	%	N/A				5,431		6.0	%
Total Risk-Based Capital	20,472		22.6	%	N/A				7,241		8.0	%
Tier 1 Leverage	20,453		7.3	%	N/A				11,189		4.0	%
Supplementary Leverage Ratio	20,453		7.1	%	N/A				8,604		3.0	%
CSB
Common Equity Tier 1 Risk-Based Capital	$	14,819	20.7	%	$	4,649	6.5	%	$	3,218	4.5	%
Tier 1 Risk-Based Capital	14,819		20.7	%	5,722		8.0	%	4,291		6.0	%
Total Risk-Based Capital	14,837		20.7	%	7,152		10.0	%	5,722		8.0	%
Tier 1 Leverage	14,819		7.1	%	10,486		5.0	%	8,389		4.0	%
Supplementary Leverage Ratio	14,819		6.8	%	N/A		N/A		6,497		3.0	%

(1) In the interagency regulatory capital and liquidity rules adopted in October 2019, Category III banking organizations such as CSC were given the ability to opt-out of the inclusion of AOCI in regulatory capital, and CSC made this opt-out election as of January 1, 2020. Therefore, AOCI is excluded from the amounts and ratios presented as of December 31, 2020. In 2019, CSC and CSB were required to include all components of AOCI in regulatory capital; the amounts and ratios for December 31, 2019 are presented on this basis.

(2) Under the Basel III capital rule, CSC and CSB are also required to maintain a capital conservation buffer and a countercyclical capital buffer above the regulatory minimum risk-based capital ratios. The capital conservation buffer and countercyclical buffer were 2.5% and zero percent, respectively, for both periods presented. If either buffer falls below the minimum requirement, the Company would be subject to limits on capital distributions and discretionary bonus payments to executive officers. At December 31, 2020, the minimum capital requirement plus capital conservation buffer and countercyclical capital buffer for Common Equity Tier 1 Risk-Based Capital, Tier 1 Risk-Based Capital, and Total Risk-Based Capital ratios were 7.0%, 8.5%, and 10.5%, respectively.

N/A Not applicable.

Net Capital and Net Capital Requirements for CS&Co

Net capital and net capital requirements for CS&Co, TDAC, and TD Ameritrade, Inc., are as follows:


December 31,	2020		2019
CS&Co
Net capital	$	3,117	$	3,700
Minimum dollar requirement	1.000		0.250
2% of aggregate debit balances	616		446
Net capital in excess of required net capital	$	2,501	$	3,254
TDAC
Net capital	$	4,040	N/A
Minimum dollar requirement	1.500		N/A
2% of aggregate debit balances	748		N/A
Net capital in excess of required net capital	$	3,292	N/A
TD Ameritrade, Inc.
Net capital	$	350	N/A
Minimum dollar requirement	0.250		N/A
2% of aggregate debit balances	—		N/A
Net capital in excess of required net capital	$	350	N/A