Quarterly report pursuant to Section 13 or 15(d)

Federal Home Loan Bank Advances (Tables)

v3.5.0.2
Federal Home Loan Bank Advances (Tables)
6 Months Ended
Jun. 30, 2016
Advances from Federal Home Loan Banks [Abstract]  
Schedule of Maturities of Federal Home Loan Bank Advances [Table Text Block]
At June 30, 2016 and December 31, 2015, FHLB advances had the following remaining maturities:
(in thousands)
June 30,
2016
 
December 31,
2015
≤ 1 year
$
651,238

 
$

> 1 and ≤ 3 years
815,024

 
651,238

> 3 and ≤ 5 years

 
815,024

> 5 and ≤ 10 years

 

> 10 years
2,533,738

 
2,318,738

Total
$
4,000,000

 
$
3,785,000


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)
June 30,
2016
 
December 31,
2015
Available-for-sale securities, at fair value
$
3,391,613

 
$
2,412,970

Residential mortgage loans held-for-sale, at fair value
519,482

 
735,911

Commercial real estate assets
424,464

 
252,172

Net economic interests in consolidated securitization trusts (1)
74,850

 
863,363

Total
$
4,410,409

 
$
4,264,416

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