Regulatory Requirements (Tables)

12 Months Ended

Dec. 31, 2022

Regulatory Capital Requirements Under Banking Regulations [Abstract]

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


	Actual				Minimum to be Well Capitalized				Minimum Capital Requirement
December 31, 2022	Amount		Ratio		Amount		Ratio		Amount		Ratio (1)
CSC
Common Equity Tier 1 Risk-Based Capital	$	30,590	21.9	%	N/A				$	6,285	4.5	%
Tier 1 Risk-Based Capital	40,296		28.9	%	N/A				8,379		6.0	%
Total Risk-Based Capital	40,376		28.9	%	N/A				11,173		8.0	%
Tier 1 Leverage	40,296		7.2	%	N/A				22,512		4.0	%
Supplementary Leverage Ratio	40,296		7.1	%	N/A				17,004		3.0	%
CSB
Common Equity Tier 1 Risk-Based Capital	$	27,296	27.4	%	$	6,476	6.5	%	$	4,483	4.5	%
Tier 1 Risk-Based Capital	27,296		27.4	%	7,970		8.0	%	5,978		6.0	%
Total Risk-Based Capital	27,370		27.5	%	9,963		10.0	%	7,970		8.0	%
Tier 1 Leverage	27,296		7.3	%	18,640		5.0	%	14,912		4.0	%
Supplementary Leverage Ratio	27,296		7.3	%	N/A				11,275		3.0	%

December 31, 2021
CSC
Common Equity Tier 1 Risk-Based Capital	$	27,967	19.7	%	N/A				$	6,389	4.5	%
Tier 1 Risk-Based Capital	37,921		26.7	%	N/A				8,518		6.0	%
Total Risk-Based Capital	37,950		26.7	%	N/A				11,358		8.0	%
Tier 1 Leverage	37,921		6.2	%	N/A				24,346		4.0	%
Supplementary Leverage Ratio	37,921		6.2	%	N/A				18,434		3.0	%
CSB
Common Equity Tier 1 Risk-Based Capital	$	28,014	26.8	%	$	6,787	6.5	%	$	4,698	4.5	%
Tier 1 Risk-Based Capital	28,014		26.8	%	8,353		8.0	%	6,265		6.0	%
Total Risk-Based Capital	28,033		26.8	%	10,441		10.0	%	8,353		8.0	%
Tier 1 Leverage	28,014		7.1	%	19,790		5.0	%	15,832		4.0	%
Supplementary Leverage Ratio	28,014		7.0	%	N/A				12,016		3.0	%

(1) Under risk-based capital rules, CSC and CSB are also required to maintain additional capital buffers above the regulatory minimum risk-based capital ratios. As of December 31, 2022, CSC was subject to a stress capital buffer of 2.5%. In June 2022, CSC received its 2022 stress capital buffer requirement from the Federal Reserve of 2.5%, which became effective beginning October 1, 2022. In addition, CSB is required to maintain a capital conservation buffer of 2.5%. CSC and CSB are also required to maintain a countercyclical capital buffer above the regulatory minimum risk-based capital ratios, which was zero for both periods presented. If a buffer falls below the minimum requirement, CSC and CSB would be subject to increasingly strict limits on capital distributions and discretionary bonus payments to executive officers. At December 31, 2022, the minimum capital ratio requirements for both CSC and CSB, inclusive of their respective buffers, were 7.0%, 8.5%, and 10.5% for Common Equity Tier 1 Risk-Based Capital, Tier 1 Risk-Based Capital, and Total Risk-Based Capital, 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,	2022		2021
CS&Co
Net capital	$	5,386	$	5,231
Minimum dollar requirement (1)	0.250		0.250
2% of aggregate debit balances	778		941
Net capital in excess of required net capital	$	4,608	$	4,290
TDAC
Net capital	$	5,291	$	5,337
Minimum dollar requirement	1.500		1.500
2% of aggregate debit balances	626		1,007
Net capital in excess of required net capital	$	4,665	$	4,330
TD Ameritrade, Inc.
Net capital	$	806	$	711
Minimum dollar requirement	0.250		0.250
2% of aggregate debit balances	—		—
Net capital in excess of required net capital	$	806	$	711

(1) During 2021, CS&Co transferred its futures business to Charles Schwab Futures and Forex LLC, a wholly-owned subsidiary of CSC. This transfer was accounted for as a common control transaction and did not have an impact on the consolidated financial statements. CS&Co subsequently deregistered prior to December 31, 2021 as an FCM with the CFTC, and, therefore, is no longer subject to net capital requirements under CFTC Regulation 1.17 under the Commodity Exchange Act.