Quarterly report pursuant to Section 13 or 15(d)

Federal Home Loan Bank Advances (Tables)

v3.7.0.1
Federal Home Loan Bank Advances (Tables)
3 Months Ended
Mar. 31, 2017
Advances from Federal Home Loan Banks [Abstract]  
Schedule of Maturities of Federal Home Loan Bank Advances [Table Text Block]
At March 31, 2017 and December 31, 2016, FHLB advances had the following remaining maturities:
(in thousands)
March 31,
2017
 
December 31,
2016
≤ 1 year
$
223,000

 
$
651,238

> 1 and ≤ 3 years
815,024

 
815,024

> 3 and ≤ 5 years

 

> 5 and ≤ 10 years

 

> 10 years
2,533,738

 
2,533,738

Total
$
3,571,762

 
$
4,000,000


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)
March 31,
2017
 
December 31,
2016
Available-for-sale securities, at fair value
$
3,096,800

 
$
3,576,481

Commercial real estate assets
728,649

 
708,989

Net economic interests in consolidated securitization trusts (1)
2,022

 
2,015

Total
$
3,827,471

 
$
4,287,485

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