Annual report pursuant to Section 13 and 15(d)

Federal Home Loan Bank of Des Moines Advances (Tables)

v3.8.0.1
Federal Home Loan Bank of Des Moines Advances (Tables)
12 Months Ended
Dec. 31, 2017
Advances from Federal Home Loan Banks [Abstract]  
Schedule of Maturities of Federal Home Loan Bank Advances
At December 31, 2017 and December 31, 2016, FHLB advances had the following remaining maturities:
(in thousands)
December 31,
2017
 
December 31,
2016
≤ 1 year
$

 
$
651,238

> 1 and ≤ 3 years
815,024

 
815,024

> 3 and ≤ 5 years

 

> 5 and ≤ 10 years

 

> 10 years
400,000

 
2,533,738

Total
$
1,215,024

 
$
4,000,000


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)
December 31,
2017
 
December 31,
2016
Available-for-sale securities, at fair value
$
1,210,715

 
$
3,576,481

 
Assets of discontinued operations

 
708,989

 
Net economic interests in consolidated securitization trusts

 
2,015

(1) 
Due from counterparties
62,959

 

 
Total
$
1,273,674

 
$
4,287,485

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