Annual report pursuant to Section 13 and 15(d)

Restricted Cash (Notes)

v3.6.0.2
Restricted Cash (Notes)
12 Months Ended
Dec. 31, 2016
Restricted Cash [Abstract]  
Cash and Cash Equivalents Disclosure [Text Block]
Restricted Cash
The Company is required to maintain certain cash balances with counterparties for securities and derivatives trading activity and collateral for the Company’s repurchase agreements and FHLB advances in restricted accounts. The Company has also placed cash in a restricted account pursuant to a letter of credit on an office space lease.
The following table presents the Company’s restricted cash balances as of December 31, 2016 and December 31, 2015:
(in thousands)
December 31,
2016
 
December 31,
2015
Restricted cash balances held by trading counterparties:
 
 
 
For securities and loan trading activity
$
26,310

 
$
12,550

For derivatives trading activity
218,896

 
130,355

As restricted collateral for repurchase agreements and Federal Home Loan Bank advances
162,759

 
119,310

Total restricted cash balances held by trading counterparties
407,965

 
262,215

Restricted cash balance pursuant to letter of credit on office lease
347

 
347

Total
$
408,312

 
$
262,562