Quarterly report pursuant to Section 13 or 15(d)

Federal Home Loan Bank of Des Moines Advances (Tables)

v3.7.0.1
Federal Home Loan Bank of Des Moines Advances (Tables)
6 Months Ended
Jun. 30, 2017
Advances from Federal Home Loan Banks [Abstract]  
Schedule of Maturities of Federal Home Loan Bank Advances
At June 30, 2017 and December 31, 2016, FHLB advances had the following remaining maturities:
(in thousands)
June 30,
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
2,423,738

 
2,533,738

Total
$
3,238,762

 
$
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)
June 30,
2017
 
December 31,
2016
Available-for-sale securities, at fair value
$
2,749,720

 
$
3,576,481

Commercial real estate assets
720,273

 
708,989

Net economic interests in consolidated securitization trusts (1)
2,036

 
2,015

Total
$
3,472,029

 
$
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.