Annual report pursuant to Section 13 and 15(d)

Federal Home Loan Bank of Des Moines Advances (Tables)

v3.3.1.900
Federal Home Loan Bank of Des Moines Advances (Tables)
12 Months Ended
Dec. 31, 2015
Advances from Federal Home Loan Banks [Abstract]  
Schedule of Maturities of Long-term Debt [Table Text Block]
At December 31, 2015 and December 31, 2014, FHLB advances had the following remaining maturities:
(in thousands)
December 31,
2015
 
December 31,
2014
≤ 1 year
$

 
$
33,738

> 1 and ≤ 3 years
651,238

 
651,238

> 3 and ≤ 5 years
815,024

 
815,024

> 5 and ≤ 10 years

 

> 10 years
2,318,738

 
1,000,000

Total
$
3,785,000

 
$
2,500,000

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,
2015
 
December 31,
2014
Available-for-sale securities, at fair value
$
2,412,970

 
$
2,284,532

Residential mortgage loans held-for-sale, at fair value
735,911

 
397,656

Commercial real estate assets
252,172

 

Net economic interests in consolidated securitization trusts (1)
863,363

 
80,732

Total
$
4,264,416

 
$
2,762,920

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