Regulatory Requirements (Tables)

12 Months Ended

Dec. 31, 2017

Regulatory Capital Requirements [Abstract]

Schedule Of Subsidiary Compliance With Regulatory Capital Requirements

The table below summarizes the minimum capital requirements and excess capital for the Company’s broker-dealer and FCM subsidiaries at December 31, 2017 and 2016 (dollars in millions):



	Required Net Capital		Net Capital		Excess Net Capital
December 31, 2017:
E*TRADE Securities⁽¹⁾	$	211	$	1,213	$	1,002
E*TRADE Futures⁽¹⁾	4		19		15
International broker-dealer	—		19		19
Total	$	215	$	1,251	$	1,036
December 31, 2016:
E*TRADE Securities	$	158	$	969	$	811
OptionsHouse⁽²⁾	1		22		21
International broker-dealer	—		21		21
Total	$	159	$	1,012	$	853

(1)

E*TRADE Securities paid dividends of $345 million to the parent company during the year ended December 31, 2017 and $125 million in February 2018. In August 2017, all brokerage accounts and brokerage customer-related assets and obligations of OptionsHouse were transferred in connection with the integration. Upon completion of this transaction, OptionsHouse was renamed E*TRADE Futures and E*TRADE Securities' futures accounts and futures customer-related assets and obligations were transferred to E*TRADE Futures.


(2)	Elected to use the Aggregate Indebtedness method to compute net capital; however, as OptionsHouse was an FCM, the prescribed fixed-dollar minimum capital requirement was $1 million.

Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations

E*TRADE Financial, E*TRADE Bank and E*TRADE Savings 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, 2017										December 31, 2016
	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 Financial⁽¹⁾
Tier 1 leverage	$	4,386	7.4	%	$	2,976	5.0	%	$	1,410	$	3,610	7.8	%	$	2,316	5.0	%	$	1,294
Common equity Tier 1 capital	$	3,773	33.9	%	$	722	6.5	%	$	3,051	$	3,483	37.0	%	$	612	6.5	%	$	2,871
Tier 1 risk-based capital	$	4,386	39.5	%	$	889	8.0	%	$	3,497	$	3,610	38.3	%	$	754	8.0	%	$	2,856
Total risk-based capital	$	4,874	43.8	%	$	1,111	10.0	%	$	3,763	$	4,148	44.0	%	$	942	10.0	%	$	3,206
E*TRADE Bank⁽¹⁾
Tier 1 leverage	$	3,620	7.6	%	$	2,394	5.0	%	$	1,226	$	3,132	8.8	%	$	1,786	5.0	%	$	1,346
Common equity Tier 1 capital	$	3,620	35.7	%	$	660	6.5	%	$	2,960	$	3,132	38.3	%	$	532	6.5	%	$	2,600
Tier 1 risk-based capital	$	3,620	35.7	%	$	812	8.0	%	$	2,808	$	3,132	38.3	%	$	655	8.0	%	$	2,477
Total risk-based capital	$	3,694	36.4	%	$	1,015	10.0	%	$	2,679	$	3,237	39.5	%	$	819	10.0	%	$	2,418
E*TRADE Savings Bank⁽¹⁾
Tier 1 leverage	$	904	26.6	%	$	170	5.0	%	$	734	$	226	12.0	%	$	94	5.0	%	$	132
Common equity Tier 1 capital	$	904	111.1	%	$	53	6.5	%	$	851	$	226	69.6	%	$	21	6.5	%	$	205
Tier 1 risk-based capital	$	904	111.1	%	$	65	8.0	%	$	839	$	226	69.6	%	$	26	8.0	%	$	200
Total risk-based capital	$	905	111.2	%	$	81	10.0	%	$	824	$	227	69.8	%	$	32	10.0	%	$	195

(1)

Basel III includes a capital conservation buffer that limits a banking organization’s ability to make capital distributions and discretionary bonus payments to executive officers if a banking organization fails to maintain a Common Equity Tier 1 capital conservation buffer of more than 2.5%, on a fully phased-in basis, of total risk-weighted assets above each of the following minimum risk-based capital ratio requirements: Common Equity Tier 1 capital (4.5%), Tier 1 (6.0%), and total risk-based capital (8.0%). This requirement was effective beginning on January 1, 2016, and will be fully phased-in by 2019. See Business—Regulation for additional information.