Off-Balance Sheet Arrangements, Guarantees and Other Commitments (Tables)

3 Months Ended

Mar. 31, 2017

Disclosure Off Balance Sheet Arrangements Guarantees And Other Commitments Additional Information [Abstract]

Summary Information Related to Commitments to Extend Credit (Excluding Letters of Credit)

The following table summarizes information related to our commitments to extend credit at March 31, 2017 and December 31, 2016:

(Dollars in thousands)	March 31, 2017		December 31, 2016
Loan commitments available for funding: (1)
Fixed interest rate commitments	$	1,452,107	$	1,475,179
Variable interest rate commitments	12,950,544		13,572,161
Total loan commitments available for funding	14,402,651		15,047,340
Commercial and standby letters of credit (2)	1,679,680		1,695,856
Total unfunded credit commitments	$	16,082,331	$	16,743,196
Commitments unavailable for funding (3)	$	1,952,726	$	1,719,524
Maximum lending limits for accounts receivable factoring arrangements (4)	686,553		725,395
Allowance for unfunded credit commitments (5)	46,335		45,265

(1) Represents commitments which are available for funding, due to clients meeting all collateral, compliance and financial covenants required under loan commitment agreements.

(2) See below for additional information on our commercial and standby letters of credit.

(3) Represents commitments which are currently unavailable for funding, due to clients failing to meet all collateral, compliance and financial covenants under loan commitment agreements.

(4) We extend credit under accounts receivable factoring arrangements when our clients’ sales invoices are deemed creditworthy under existing underwriting practices.

(5) Our allowance for unfunded credit commitments includes an allowance for both our unfunded loan commitments and our letters of credit.

Summary of Commercial and Standby Letters of Credit

The table below summarizes our commercial and standby letters of credit at March 31, 2017. The maximum potential amount of future payments represents the amount that could be remitted under letters of credit if there were a total default by the guaranteed parties, without consideration of possible recoveries under recourse provisions or from the collateral held or pledged.

(Dollars in thousands)	Expires In One Year or Less		Expires After One Year		Total Amount Outstanding		Maximum Amount of Future Payments
Financial standby letters of credit	$	1,519,329	$	45,306	$	1,564,635	$	1,564,635
Performance standby letters of credit	89,155		7,890		97,045		97,045
Commercial letters of credit	18,000		—		18,000		18,000
Total	$	1,626,484	$	53,196	$	1,679,680	$	1,679,680

Total Capital Commitments, Unfunded Capital Commitments, and Ownership in Each Fund

The following table details our total capital commitments, unfunded capital commitments, and our ownership percentage in each fund at March 31, 2017:

Our Ownership in Venture Capital and Private Equity Funds  (Dollars in thousands)	SVBFG Capital Commitments		SVBFG Unfunded     Commitments		SVBFG Ownership   of each Fund (3)
CP I, LP	$	6,000	$	270	10.7	%
CP II, LP (1)	1,200		162		5.1
Shanghai Yangpu Venture Capital Fund (LP)	842		—		6.8
Strategic Investors Fund, LP	15,300		688		12.6
Strategic Investors Fund II, LP	15,000		1,050		8.6
Strategic Investors Fund III, LP	15,000		1,275		5.9
Strategic Investors Fund IV, LP	12,239		2,325		5.0
Strategic Investors Fund V funds	515		141		Various
Capital Preferred Return Fund, LP	12,688		—		20.0
Growth Partners, LP	24,670		1,340		33.0
Debt funds (equity method accounting)	58,493		—		Various
Other fund investments (2)	306,269		10,441		Various
Total	$	468,216	$	17,692

(1) Our ownership includes direct ownership of 1.3 percent and indirect ownership interest of 3.8 percent through our investment in Strategic Investors Fund II, LP.

(2) Represents commitments to 255 funds (primarily venture capital funds) where our ownership interest is generally less than 5 percent of the voting interests of each such fund.

(3) We are subject to the Volcker Rule, which restricts or limits us from sponsoring or having ownership interests in “covered” funds including venture capital and private equity funds. See “Business - Supervision and Regulation” under Item 1 of Part I of our 2016 Form 10-K.

Remaining Unfunded Commitments to Venture Capital or Private Equity Funds by Consolidated Managed Funds

The following table details the amounts of remaining unfunded commitments to venture capital and private equity funds by our consolidated managed funds of funds (including our interest and the noncontrolling interests) at March 31, 2017:

Limited Partnership  (Dollars in thousands)	Unfunded Commitments
Strategic Investors Fund, LP	$	1,338
Capital Preferred Return Fund, LP	1,723
Growth Partners, LP	1,524
Total	$	4,585