Annual report pursuant to Section 13 and 15(d)

Federal Home Loan Bank Advances (Tables)

v3.6.0.2
Federal Home Loan Bank Advances (Tables)
12 Months Ended
Dec. 31, 2016
Advances from Federal Home Loan Banks [Abstract]  
Schedule of Maturities of Federal Home Loan Bank Advances [Table Text Block]
At December 31, 2016 and December 31, 2015, FHLB advances had the following remaining maturities:
(in thousands)
December 31,
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)
December 31,
2016
 
December 31,
2015
Available-for-sale securities, at fair value
$
3,576,481

 
$
2,412,970

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

 
735,911

Commercial real estate assets
708,989

 
252,172

Net economic interests in consolidated securitization trusts (1)
2,015

 
863,363

Total
$
4,287,485

 
$
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.