Borrowings	12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]
Borrowings	NOTE 11: BORROWINGS Borrowings: At December 31, 2016, our borrowings consisted of $1.3 billion of overnight FHLB advances. At December 31, 2015, our borrowings consisted of $796.0 million of overnight FHLB advances . These FHLB advances were paid in full in the early part of January 2017 and 2016, respectively, and bore interest rates of 0.56% and 0.27%, respectively. Because the Bank utilizes overnight borrowings, the balance of outstanding borrowings fluctuates on a daily basis. FHLB advances are collateralized by loans secured by multifamily and commercial real estate properties with a carrying value of $2.1 billion as of December 31, 2016. As a matter of practice, the Bank provides substantially all of its qualifying loans as collateral to the FHLB. The Bank’s total borrowing capacity from the FHLB at December 31, 2016 was $1.8 million. In addition to the $1.3 million borrowing, the Bank had in place $129 million of letters of credit from the FHLB which are used to meet collateral requirements for borrowings from the State of California and local agencies. The Bank also has $115.0 million available unsecured fed funds lines, ranging in size from $20 million to $25 million, with four other financial institutions. None of these lines had outstanding borrowings as of December 31, 2016. Combined, the Bank’s unused lines of credit as of December 31, 2016 were $171.8 million. The average daily balance of borrowings outstanding during 2016 and 2015 was $507.0 million and $352.7 million, respectively.

Borrowings

12 Months Ended

Dec. 31, 2016

NOTE 11: BORROWINGS

Borrowings: At December 31, 2016, our borrowings consisted of $1.3 billion of overnight FHLB advances. At December 31, 2015, our borrowings consisted of $796.0 million of overnight FHLB advances . These FHLB advances were paid in full in the early part of January 2017 and 2016, respectively, and bore interest rates of 0.56% and 0.27%, respectively. Because the Bank utilizes overnight borrowings, the balance of outstanding borrowings fluctuates on a daily basis.

FHLB advances are collateralized by loans secured by multifamily and commercial real estate properties with a carrying value of $2.1 billion as of December 31, 2016. As a matter of practice, the Bank provides substantially all of its qualifying loans as collateral to the FHLB. The Bank’s total borrowing capacity from the FHLB at December 31, 2016 was $1.8 million. In addition to the $1.3 million borrowing, the Bank had in place $129 million of letters of credit from the FHLB which are used to meet collateral requirements for borrowings from the State of California and local agencies.

The Bank also has $115.0 million available unsecured fed funds lines, ranging in size from $20 million to $25 million, with four other financial institutions. None of these lines had outstanding borrowings as of December 31, 2016. Combined, the Bank’s unused lines of credit as of December 31, 2016 were $171.8 million. The average daily balance of borrowings outstanding during 2016 and 2015 was $507.0 million and $352.7 million, respectively.