Annual report pursuant to Section 13 and 15(d)

Federal Home Loan Bank of Des Moines Advances Federal Home Loan Bank of Des Moines Advances (Tables)

v2.4.1.9
Federal Home Loan Bank of Des Moines Advances Federal Home Loan Bank of Des Moines Advances (Tables)
12 Months Ended
Dec. 31, 2014
Advances from Federal Home Loan Banks [Abstract]  
Schedule of Maturities of Long-term Debt [Table Text Block]
At December 31, 2014 and December 31, 2013, FHLB advances had the following remaining maturities:
(in thousands)
December 31,
2014
 
December 31,
2013
≤ 1 year
$
33,738

 
$

> 1 and ≤ 3 years
651,238

 

> 3 and ≤ 5 years
815,024

 

> 5 and ≤ 10 years

 

> 10 years
1,000,000

 

Total
$
2,500,000

 
$

Schedule of Underlying Assets of Federal Home Loan Bank Advances [Table Text Block]
The following table summarizes assets at carrying values that are pledged or restricted as collateral for the future payment obligations of FHLB advances:
(in thousands)
December 31,
2014
 
December 31,
2013
Available-for-sale securities, at fair value
$
2,284,532

 
$

Mortgage loans held-for-sale, at fair value
397,656

 

Net economic interests in consolidated securitization trusts (1)
80,732

 


Total
$
2,762,920

 
$

____________________
(1)
Includes the retained interests from the Company’s on-balance sheet securitizations, which are eliminated in consolidation in accordance with U.S. GAAP.