Investment Securities (Tables)

12 Months Ended

Dec. 31, 2016

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
December 31, 2016	Cost		Gains		Losses		Value
Available for sale securities:
U.S. agency mortgage-backed securities	$	33,167	$	120	$	92	$	33,195
Asset-backed securities		20,520		29		214		20,335
Corporate debt securities		9,850		20		18		9,852
U.S. Treasury securities		8,679		3		59		8,623
Certificates of deposit		2,070		2		1		2,071
U.S. agency notes		1,915		-		8		1,907
U.S. state and municipal securities		1,167		2		46		1,123
Commercial paper		214		-		-		214
Non-agency commercial mortgage-backed securities		45		-		-		45
Total available for sale securities	$	77,627	$	176	$	438	$	77,365
Held to maturity securities:
U.S. agency mortgage-backed securities	$	72,439	$	324	$	1,086	$	71,677
Non-agency commercial mortgage-backed securities		997		11		4		1,004
Asset-backed securities		941		-		-		941
Corporate debt securities		436		-		-		436
U.S. Treasury securities		223		-		4		219
Commercial paper		99		-		-		99
U.S. state and municipal securities		68		1		1		68
Total held to maturity securities	$	75,203	$	336	$	1,095	$	74,444


December 31, 2015
Available for sale securities:
U.S. agency mortgage-backed securities	$	22,014	$	183	$	48	$	22,149
Asset-backed securities		21,784		7		306		21,485
Corporate debt securities		10,764		14		31		10,747
U.S. Treasury securities		5,719		2		17		5,704
Certificates of deposit		1,685		1		3		1,683
U.S. agency notes		3,177		-		27		3,150
U.S. state and municipal securities		414		10		-		424
Non-agency commercial mortgage-backed securities		298		1		-		299
Other securities		5		-		-		5
Total available for sale securities	$	65,860	$	218	$	432	$	65,646
Held to maturity securities:
U.S. agency mortgage-backed securities	$	48,785	$	391	$	293	$	48,883
Non-agency commercial mortgage-backed securities		999		6		20		985
U.S. Treasury securities		223		-		3		220
Total held to maturity securities	$	50,007	$	397	$	316	$	50,088


	Less than				12 months
	12 months				or longer				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
December 31, 2016	Value		Losses		Value		Losses		Value		Losses
Available for sale securities:
U.S. agency mortgage-backed securities	$	14,816	$	69	$	2,931	$	23	$	17,747	$	92
Asset-backed securities		1,670		13		9,237		201		10,907		214
Corporate debt securities		2,407		17		653		1		3,060		18
U.S. Treasury securities		6,926		59		-		-		6,926		59
Certificates of deposit		474		-		100		1		574		1
U.S. agency notes		1,907		8		-		-		1,907		8
U.S. state and municipal securities		956		46		-		-		956		46
Total	$	29,156	$	212	$	12,921	$	226	$	42,077	$	438
Held to maturity securities:
U.S. agency mortgage-backed securities	$	51,361	$	1,086	$	-	$	-	$	51,361	$	1,086
Non-agency commercial mortgage-backed
securities		591		4		-		-		591		4
U.S. Treasury securities		219		4		-		-		219		4
U.S. state and municipal securities		14		1		-		-		14		1
Total	$	52,185	$	1,095	$	-	$	-	$	52,185	$	1,095
Total securities with unrealized losses (1)	$	81,341	$	1,307	$	12,921	$	226	$	94,262	$	1,533


December 31, 2015
Available for sale securities:
U.S. agency mortgage-backed securities	$	8,541	$	47	$	813	$	1	$	9,354	$	48
Asset-backed securities		17,127		240		2,743		66		19,870		306
Corporate debt securities		5,433		25		942		6		6,375		31
U.S. Treasury securities		5,010		17		-		-		5,010		17
Certificates of deposit		773		2		599		1		1,372		3
U.S. agency notes		1,281		10		1,547		17		2,828		27
Total	$	38,165	$	341	$	6,644	$	91	$	44,809	$	432
Held to maturity securities:
U.S. agency mortgage-backed securities	$	24,219	$	253	$	1,842	$	40	$	26,061	$	293
Non-agency commercial mortgage-backed
securities		729		20		-		-		729		20
U.S. Treasury securities		220		3		-		-		220		3
Total	$	25,168	$	276	$	1,842	$	40	$	27,010	$	316
Total securities with unrealized losses (2)	$	63,333	$	617	$	8,486	$	131	$	71,819	$	748

(1)	The number of investment positions with unrealized losses totaled 627 for AFS securities and 612 for HTM securities.
(2)	The number of investment positions with unrealized losses totaled 409 for AFS securities and 286 for HTM securities.


Year Ended December 31,		2016		2015		2014
Balance at beginning of year	$	1	$	2	$	169
Credit losses recognized into current year earnings on debt securities for
which an OTTI was not previously recognized		-		-		1
Reductions due to sale of debt securities for which an OTTI was
previously recognized		(1)		(1)		(168)
Balance at end of year	$	-	$	1	$	2


			After 1 year		After 5 years
	Within		through		through		After
December 31, 2016	1 year		5 years		10 years		10 years		Total
Available for sale securities:
U.S. agency mortgage-backed securities (1)	$	47	$	3,475	$	16,847	$	12,826	$	33,195
Asset-backed securities		-		8,728		3,799		7,808		20,335
Corporate debt securities		2,332		7,520		-		-		9,852
U.S. Treasury securities		1,199		6,707		717		-		8,623
Certificates of deposit		651		1,420		-		-		2,071
U.S. agency notes		-		1,907		-		-		1,907
U.S. state and municipal securities		-		-		72		1,051		1,123
Commercial paper		214		-		-		-		214
Non-agency commercial mortgage-backed
securities (1)		-		-		-		45		45
Total fair value	$	4,443	$	29,757	$	21,435	$	21,730	$	77,365
Total amortized cost	$	4,440	$	29,741	$	21,519	$	21,927	$	77,627
Held to maturity securities:
U.S. agency mortgage-backed securities (1)	$	-	$	5,080	$	22,954	$	43,643	$	71,677
Non-agency commercial mortgage-backed
securities (1)		-		-		364		640		1,004
Asset-backed securities		-		150		791		-		941
Corporate debt securities		-		436		-		-		436
U.S. Treasury securities		-		-		219		-		219
Commercial paper		99		-		-		-		99
U.S. state and municipal securities		-		-		6		62		68
Total fair value	$	99	$	5,666	$	24,334	$	44,345	$	74,444
Total amortized cost	$	99	$	5,559	$	24,500	$	45,045	$	75,203

(1)	Mortgage-backed securities have been allocated to maturity groupings based on final contractual maturities. Actual maturities will differ from final contractual maturities because borrowers on a certain portion of loans underlying these securities have the right to prepay their obligations.