Other Short Term Borrowings

3 Months Ended

Mar. 31, 2017

Other Short Term Borrowings

Other Short Term Borrowings

13. Other Short-Term Borrowings

Borrowings with original maturities of one year or less are classified as short-term. The following table presents a summary of the Bancorp's other short-term borrowings as of:
		March 31,	December 31,
($ in millions)		2017	2016
FHLB advances	$	950	2,500
Securities sold under repurchase agreements		684	661
Derivative collateral		381	374
Total other short-term borrowings	$	2,015	3,535

The Bancorp’s securities sold under repurchase agreements are accounted for as secured borrowings and are collateralized by securities included in available-for-sale and other securities in the Condensed Consolidated Balance Sheets. These securities are subject to changes in market value and, therefore, the Bancorp may increase or decrease the level of securities pledged as collateral based upon these movements in market value.

The following table summarizes the Bancorp's securities sold under repurchase agreements by the type of collateral securing the borrowing and remaining contractual maturity as of:
($ in millions)			March 31, 2017		December 31, 2016
			Amount	Remaining Contractual Maturity	Amount	Remaining Contractual Maturity
Type of collateral:
	Agency residential mortgage-backed securities	$	684	Overnight	661	Overnight
	U.S. Treasury and federal agencies securities		-	Overnight	-	Overnight
Total securities sold under repurchase agreements		$	684		661