Quarterly report pursuant to Section 13 or 15(d)

Federal Home Loan Bank of Des Moines Advances (Tables)

v3.20.1
Federal Home Loan Bank of Des Moines Advances (Tables)
3 Months Ended
Mar. 31, 2020
Advances from Federal Home Loan Banks [Abstract]  
Schedule of Maturities of Federal Home Loan Bank Advances
At March 31, 2020 and December 31, 2019, FHLB advances had the following remaining maturities:
(in thousands)
March 31,
2020
 
December 31,
2019
≤ 1 year
$

 
$
160,000

> 1 and ≤ 3 years

 

> 3 and ≤ 5 years

 

> 5 and ≤ 10 years

 

> 10 years
50,000

 
50,000

Total
$
50,000

 
$
210,000


Schedule of Underlying Assets of Federal Home Loan Bank Advances
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,
2020
 
December 31,
2019
Available-for-sale securities, at fair value
$
52,219

 
$
226,508

Restricted cash
3,200

 

Total
$
55,419

 
$
226,508