SCHWAB CHARLES CORP | 2013 | FY | 3


18.Accumulated Other Comprehensive Income

 

Accumulated other comprehensive income represents cumulative gains and losses that are not reflected in earnings. The components of other comprehensive (loss) income are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

2013

 

2012

 

2011

 

Before

 

Tax

 

Net of

 

Before

 

Tax

 

Net of

 

Before

 

Tax

 

Net of

 

tax

 

effect

 

tax

 

tax

 

effect

 

tax

 

tax

 

effect

 

tax

Change in net unrealized gain on

 

 

  

 

 

 

  

 

 

 

 

  

 

 

 

  

 

 

 

 

  

 

 

 

  

 

securities available for sale:

 

 

  

 

 

 

  

 

 

 

 

  

 

 

 

  

 

 

 

 

  

 

 

 

  

 

Net unrealized (loss) gain

$

(468)

  

$

176 

 

$

(292)

 

$

470 

  

$

(177)

 

$

293 

 

$

(43)

  

$

16 

 

$

(27)

Reclassification of impairment charges

 

 

  

 

 

 

  

 

 

 

 

  

 

 

 

  

 

 

  

 

  

 

 

 

  

 

included in net impairment losses on

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

securities

 

10 

  

 

(4)

 

  

 

 

32 

  

 

(12)

 

  

20 

 

  

31 

  

 

(12)

 

  

19 

Other reclassifications included in

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

other revenue

 

(7)

 

 

 

 

(4)

 

 

(38)

 

 

14 

 

 

(24)

 

 

 

 

 -

 

 

Change in net unrealized gain on

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

  

 

securities available for sale

 

(465)

 

 

175 

 

 

(290)

 

 

464 

 

 

(175)

 

 

289 

 

 

(11)

 

 

 

 

(7)

Other

 

 

 

 -

 

 

 

 

 

 

 -

 

 

 

 

(1)

 

 

 -

 

 

(1)

Other comprehensive (loss) income

$

(464)

 

$

175 

 

$

(289)

 

$

465 

 

$

(175)

 

$

290 

 

$

(12)

 

$

 

$

(8)

 

Accumulated other comprehensive income balances are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

Net unrealized

 

 

 

 

 

 

 

 

Total

 

gain on securities

 

 

 

 

 

 

 

 

accumulated other

 

available for sale

 

 

 

Other

 

 

 

comprehensive income

Balance at December 31, 2010

 

$

17 

 

 

 

  

$

(1)

 

 

 

 

 

$

16 

 

 

Other net changes

 

 

(7)

 

 

 

 

 

(1)

 

 

 

 

 

 

(8)

 

 

Balance at December 31, 2011

 

$

10 

 

 

 

 

$

(2)

 

 

 

 

 

$

 

 

Other net changes

 

 

289 

 

 

 

 

 

 

 

 

 

 

 

290 

 

 

Balance at December 31, 2012

 

$

299 

 

 

 

 

$

(1)

 

 

 

 

 

$

298 

 

 

Other net changes

 

 

(290)

 

 

 

 

 

 

 

 

 

 

 

(289)

 

 

Balance at December 31, 2013

 

$

 

 

 

 

$

 -

 

 

 

 

 

$

 

 

 

 


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