XML 25 R14.htm IDEA: XBRL DOCUMENT v3.8.0.1
Other Borrowed Funds
3 Months Ended
Mar. 31, 2018
Other Borrowed Funds  
Other Borrowed Funds

Note 7 — Other Borrowed Funds

 

Other borrowed funds include FHLB borrowings, which are short-term and long-term borrowings issued by the FHLB of Dallas at the market price offered at the time of funding.  These borrowings are secured by residential mortgage-backed investment securities and a portion of the Company’s loan portfolio.  At March 31, 2018, other borrowed funds totaled $831,600,000, a decrease of 30.4% from $1,195,225,000 at December 31, 2017.