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Other Assets
12 Months Ended
Dec. 31, 2016
Other Assets [Abstract]  
Other Assets
Note 10 - Other Assets
Significant balances included in other assets at December 31, 2016 and 2015 are presented below.
(in thousands)
 
2016
 
2015
Cash surrender value of bank-owned life insurance
 
$
378,830

 
338,002

Federal Reserve Bank and FHLB stock
 
169,864

 
68,288

Accrued interest receivable
 
70,393

 
65,218

Prepaid expenses
 
35,542

 
33,348

Accounts receivable
 
29,821

 
19,692

Private equity investments
 
25,493

 
28,018

Derivative asset positions
 
20,623

 
27,139

Other properties held for sale
 
14,830

 
10,671

SBA/GGL servicing assets, net
 
4,451

 
4,287

Miscellaneous other assets
 
63,373

 
55,511

Total other assets
 
$
813,220

 
650,174

 
 
 
 
 

Synovus’ investment in bank-owned life insurance programs at December 31, 2016 and December 31, 2015 included approximately $15 million and $32 million, respectively, of separate account life insurance policies covered by stable value agreements. At December 31, 2016, the fair value of the investments underlying the separate account policies was approximately $14 million, which was within the coverage provided by the stable value agreements.