Charles Schwab Premier Bank, SSB
Charles Schwab Premier Bank, SSB is an FDIC-insured commercial bank headquartered in Westlake, TX, supervised by the Federal Reserve, with $26.65B in total assets at Q3 2026, up 6.0% from Q3 2025, the 5th largest of 345 banks headquartered in Texas. It was established in 1991 and holds FDIC certificate 33497. Its CET1 capital ratio was 48.00% at Q3 2026, comfortably above the 7% level required once the capital conservation buffer is included.
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Data as of · sourced from FFIEC call reports. How we update
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 33497
- Headquarters
- Westlake, TX
- Established
- 1991
- Total assets, Q3 2026
- $26.65B
- Assets vs Q3 2025
- +6.0%
- CET1 ratio, Q3 2026
- 48.00%
- Domestic offices
- 1 branch
- Routing number
- 111994377
- Safety and soundness
- Is Charles Schwab Premier Bank, SSB safe?
- Latest call report
- Q3 2026, FFIEC 031 · Charles Schwab Premier Bank, SSB call report
- Holding company
- CHARLES SCHWAB CORPORATION, THE
- Asset rank in state
- 5th of 345 in Texas
Charles Schwab Premier Bank, SSB is one of the more profitable banks of its size. Its balance sheet stood at $26.6 billion at September 30, 2026, up 6.0% from a year earlier; it is based in Westlake, Texas. It returns 20.5% a year on shareholders' equity, about double the median of 11.1% for the 124 banks with $10 billion to $100 billion in assets. On the other hand, it keeps 2.57 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 banks its size (median 3.67 cents).
Its securities portfolio is underwater by $1.3 billion, an amount equal to 41% of Tier 1 capital. Net income for the quarter rose 15% from a year earlier, to $107 million.
As of September 30, 2026, Charles Schwab Premier Bank, SSB reported a CET1 capital ratio of 48.00%, a return on assets of 1.58%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 0.00%. The figures come from its call report filed with the FFIEC.
By total assets at Q3 2026, Charles Schwab Premier Bank, SSB is the 5th largest of the 345 banks headquartered in Texas. From Q2 2026 to Q3 2026, its total assets rose 0.3% to $26.65B, loans were flat and deposits rose 0.3%. All other loans made up 100.0% of its total loans on September 30, 2026, its largest category. Its one office in the FDIC Summary of Deposits is in Westlake, TX. By the capital ratios in its Q3 2026 call report, Charles Schwab Premier Bank, SSB meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 3000 Schwab Way, Westlake, TX 76262
- County
- Denton
- Metro Area
- Dallas-Fort Worth-Arlington, TX
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 11, Dallas
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 031
- Established
- August 30, 1991
- Former names
- Charles Schwab Premier Bank (2019-2020); Charles Schwab Signature Bank (2017-2019)
- Domestic offices
- 1 branch
- Employees (FTE)
- 193
- Domestic deposits
- $24.53B
- Allowance for credit losses
- $0
- Net charge-offs (YTD)
- $0
- Average total assets
- $27.10B
- Average total loans
- $1.0M
- Average interest-bearing deposits
- $23.98B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- August 30, 1991
- FDIC Cert
- 33497
- Fed RSSD
- 1893049
- SEC CIK
- 316709 → filed by CHARLES SCHWAB CORPORATION, THE
- Parent Holding Company
- CHARLES SCHWAB CORPORATION, THE (RSSD 1026632) · SCHW
Management
Senior officers at parent holding company, from SEC Form 3/4/5 disclosures
| Name | Role | Title |
|---|---|---|
| Richard A Wurster | CEO | President & CEO |
| Charles R. Schwab | CHR | Co-Chairman |
| Michael D Verdeschi | CFO | CFO |
| Joseph R Martinetto | COO | COO |
| Nigel J Murtagh | CRO | Chief Risk Officer |
| Peter J. Morgan Iii | GC | General Counsel |
Profitability
Q3 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
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Ratios tagged annualized use the Q3 income alone. The UBPR and FDIC annualize the year to date instead. How we compute these figures
Quarterly trends
Charles Schwab Premier Bank, SSB's total assets moved between a low of $24.43B (Q2 2025) and a high of $27.75B (Q4 2023) from Q4 2023 to Q3 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q3 2026 with Q3 2025. How these charts are built
$26.65B total assets against $25.13B; $24.56B total liabilities against $22.97B.
$1.0M net loans and leases against $2.86B; $24.53B total deposits against $22.74B.
$22.47B securities against $19.11B; $1.59B cash and balances due against $1.87B.
$167.0M total interest income against $146.0M; $2.0M total interest expense against $4.0M.
$165.0M net interest income against $142.0M.
$1.0M total noninterest income against $0; $27.0M total noninterest expense against $22.0M.
No provision recorded in the last 12 quarters.
$107.0M net income against $93.0M.
1.58% return on assets against 1.47%; 2.57% net interest margin against 2.39%.
48.00% CET1 capital ratio against 48.98%; 11.24% tier 1 leverage ratio against 12.99%.
Inside the full Charles Schwab Premier Bank, SSB terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
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Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Held-to-maturity securities carry unrealized losses equal to more than a quarter of book equity. Because HTM is held at amortized cost, these losses are not reflected in reported capital, the dynamic that masked Silicon Valley Bank's insolvency before its March 2023 failure. BankRegReports analysis, HTM marks aren't a reported regulatory metric.
Charles Schwab Premier Bank, SSB rankings
Quarterly trend: last 8 quarters
From Q4 2024 to Q3 2026, its return on assets ran from 1.05% (Q4 2024) to 1.58% (Q3 2026) and its net interest margin ran from 1.82% (Q4 2024) to 2.57% (Q3 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q3 2026 | 48.00% | 1.58% | 0.00% | 0.00% | 2.57% |
| Q2 2026 | 49.32% | 1.47% | 0.00% | 0.00% | 2.51% |
| Q1 2026 | 37.38% | 1.50% | 0.00% | 0.00% | 2.44% |
| Q4 2025 | 42.00% | 1.52% | 0.00% | 0.00% | 2.51% |
| Q3 2025 | 48.98% | 1.47% | 0.00% | 0.00% | 2.39% |
| Q2 2025 | 54.49% | 1.46% | 0.00% | 0.00% | 2.33% |
| Q1 2025 | 61.67% | 1.31% | 0.00% | 0.00% | 2.16% |
| Q4 2024 | 59.91% | 1.05% | 0.00% | 0.00% | 1.82% |
Swipe the table sideways to see every column.
Branch Network
View the branch → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Charles Schwab Premier Bank, SSB (main office) | Westlake , TX | 76262 | $24.46B |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 1.5% of deposits in TX, rank 12 of 441 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Consumer complaints
- 369 complaints in the last 4 full quarters. Raw counts, not adjusted for size
- Period: 2025-Q4 to 2026-Q3. Source: CFPB consumer complaint database.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Charles Schwab Premier Bank, SSB
What are Charles Schwab Premier Bank, SSB's total assets?
As of the Q3 2026 filing, Charles Schwab Premier Bank, SSB reported total assets of $26.65 billion in its FFIEC call report.
Where is Charles Schwab Premier Bank, SSB headquartered?
It is headquartered in Westlake, TX, United States.
When was Charles Schwab Premier Bank, SSB founded?
It was established in 1991, per the FDIC institution directory.
Is Charles Schwab Premier Bank, SSB FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #33497). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Charles Schwab Premier Bank, SSB?
Charles Schwab Premier Bank, SSB's primary federal regulator is the Federal Reserve.
What is Charles Schwab Premier Bank, SSB's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 48.00% in its Q3 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Charles Schwab Premier Bank, SSB operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Charles Schwab Premier Bank, SSB's Texas Ratio?
Its Texas Ratio is 0.00% in its Q3 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures nonperforming assets against the bank's capital and reserves.
What was Charles Schwab Premier Bank, SSB previously called?
The charter now named Charles Schwab Premier Bank, SSB has also operated as Charles Schwab Premier Bank (2019-2020), Charles Schwab Signature Bank (2017-2019), per FDIC structure-change records.
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