Regulatory Requirements (Tables)

12 Months Ended

Dec. 31, 2015

Regulatory Capital Requirements [Abstract]

Schedule Of Subsidiary Compliance With Regulatory Capital Requirements

The tables below summarize the minimum capital requirements and excess capital for the Company’s broker-dealer subsidiaries at December 31, 2015 and 2014 (dollars in millions):



	Required Net Capital		Net Capital		Excess Net Capital
December 31, 2015:
E*TRADE Clearing⁽¹⁾	$	161	$	1,007	$	846
E*TRADE Securities⁽¹⁾⁽²⁾	—		49		49
Other broker-dealers	1		15		14
Total⁽³⁾	$	162	$	1,071	$	909
December 31, 2014:
E*TRADE Clearing⁽¹⁾	$	170	$	795	$	625
E*TRADE Securities⁽¹⁾	—		459		459
Other broker-dealers	1		19		18
Total	$	171	$	1,273	$	1,102


(1)	Elected to use the Alternative method to compute net capital. The net capital requirement was $250,000 for E*TRADE Securities for both periods presented.


(2)	ETRADE Securities was moved out from under ETRADE Bank in February 2015 and subsequently paid dividends of $565 million to the parent company during the year ended December 31, 2015.


(3)	ETRADE Clearing and ETRADE Securities paid cash dividends to the parent company of $124 million and $24 million, respectively, subsequent to December 31, 2015.

Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations

E*TRADE Financial and E*TRADE Bank were categorized as "well capitalized" under the regulatory framework for prompt corrective action for the periods presented in the table below (dollars in millions):



	December 31, 2015⁽¹⁾										December 31, 2014⁽¹⁾
	Actual				Well Capitalized Minimum Capital				Excess Capital		Actual				Well Capitalized Minimum Capital				Excess Capital
	Amount		Ratio		Amount		Ratio		Amount		Amount		Ratio		Amount		Ratio		Amount
E*TRADE Bank:⁽²⁾
Tier 1 leverage	$	3,075	9.7	%	$	1,579	5.0	%	$	1,496	$	4,548	10.6	%	$	2,143	5.0	%	$	2,405
Tier 1 risk-based capital	$	3,075	36.5	%	$	674	8.0	%	$	2,401	$	4,548	25.7	%	$	1,063	6.0	%	$	3,485
Total risk-based capital	$	3,185	37.8	%	$	842	10.0	%	$	2,343	$	4,772	26.9	%	$	1,772	10.0	%	$	3,000
Common equity Tier 1 capital⁽³⁾	$	3,075	36.5	%	$	548	6.5	%	$	2,527	N/A		N/A		N/A		N/A		N/A


(1)	Due to the change in regulatory requirements described above, the December 31, 2015 ratios were calculated under Basel III requirements and the December 31, 2014 ratios were calculated under Basel I requirements.


(2)	ETRADE Securities was moved out from under ETRADE Bank in February 2015. ETRADE Clearing was moved out from under ETRADE Bank in July 2015.


(3)	The Basel III rule established Common Equity Tier 1 capital as a new tier of capital.



	December 31, 2015
	Actual				Well Capitalized Minimum Capital				Excess Capital
	Amount		Ratio		Amount		Ratio		Amount
E*TRADE Financial:
Tier 1 leverage	$	3,747	9.0	%	$	2,093	5.0	%	$	1,654
Tier 1 risk-based capital	$	3,747	39.3	%	$	763	8.0	%	$	2,984
Total risk-based capital	$	4,186	43.9	%	$	954	10.0	%	$	3,232
Common equity Tier 1 capital	$	3,747	39.3	%	$	620	6.5	%	$	3,127