XML 23 R13.htm IDEA: XBRL DOCUMENT v3.20.2
Securities Sold Under Agreements to Repurchase
 9 Months Ended
Sep. 30, 2020
Banking and Thrift, Other Disclosures [Abstract]  
Securities Sold Under Agreements to Repurchase Securities Sold Under Agreements to Repurchase
Securities sold under agreements to repurchase are accounted for as collateralized financings and recorded at the amounts at which the securities were sold plus accrued interest. To minimize any potential credit risk associated with these transactions, the fair value of the securities sold is monitored, limits are set on exposure with counterparties, and the financial condition of counterparties is regularly assessed. Securities sold under agreements to repurchase are held by the counterparty until the repurchase.
The following table provides information regarding repurchase agreements that are accounted for as secured borrowings as of September 30, 2020 and December 31, 2019.
TABLE 48: REPURCHASE AGREEMENTS ACCOUNTED FOR AS SECURED BORROWINGS
REMAINING CONTRACTUAL MATURITY OF THE AGREEMENTS
OVERNIGHT AND CONTINUOUS
($ In Millions)SEPTEMBER 30, 2020DECEMBER 31, 2019
U.S. Treasury and Agency Securities$269.8 $489.7 
Total Borrowings269.8 489.7 
Gross Amount of Recognized Liabilities for Repurchase Agreements in Note 21269.8 489.7 
Amounts related to agreements not included in Note 21— —