XML 103 R63.htm IDEA: XBRL DOCUMENT v3.6.0.2
Transfers of financial assets and mortgage servicing assets (Tables)
 12 Months Ended
Dec. 31, 2016
Transfers and Servicing of Financial Assets  
Schedule Of Securitizations Of Financial Assets Accounted For As Sale [Text Block]
Proceeds obtained during the year ended December 31, 2016
(In thousands)Level 1Level 2Level 3Initial fair value
Assets
Investments securities available for sale:
Mortgage-backed securities - GNMA$-$41,466$-$41,466
Mortgage-backed securities - FNMA-18,605-18,605
Total investment securities available-for-sale$-$60,071$-$60,071
Trading account securities:
Mortgage-backed securities - GNMA$-$571,602$-$571,602
Mortgage-backed securities - FNMA-143,939-143,939
Total trading account securities$-$715,541$-$715,541
Mortgage servicing rights$-$-$9,889$9,889
Total $-$775,612$9,889$785,501

Proceeds obtained during the year ended December 31, 2015
(In thousands)Level 1Level 2Level 3Initial fair value
Assets
Trading account securities:
Mortgage-backed securities - GNMA$-$869,210$-$869,210
Mortgage-backed securities - FNMA-218,911-218,911
Total trading account securities$-$1,088,121$-$1,088,121
Mortgage servicing rights$-$-$12,549$12,549
Total $-$1,088,121$12,549$1,100,670
Schedule Of Servicing Assets At Fair Value Text Block
Residential MSRs
(In thousands)December 31, 2016December 31, 2015
Fair value at beginning of period$211,405$148,694
Additions10,83576,060
Changes due to payments on loans[1](17,482)(17,539)
Reduction due to loan repurchases(3,109)(1,897)
Changes in fair value due to changes in valuation model inputs or assumptions(4,745)6,087
Other disposals(15)-
Fair value at end of period$196,889$211,405
[1] Represents the change due to collection / realization of expected cash flow over time.
Schedule Of Assumptions For Fair Value On Securitization Date Of Interests Continued To Be Held By Transferor Servicing Assets Or Servicing Liabilities Text Block
Years ended
December 31, 2016December 31, 2015
Prepayment speed5.2%8.6%
Weighted average life (in years)10.27.1
Discount rate (annual rate)11.0%11.1%
Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets
Originated MSRsPurchased MSRs
December 31, December 31,
(In thousands)2016201520162015
Fair value of servicing rights$88,056$98,648$108,833$112,757
Weighted average life (in years)7.87.36.96.2
Weighted average prepayment speed (annual rate)4.6%6.0%4.8%6.9%
Impact on fair value of 10% adverse change$(1,668)$(2,488)$(2,051)$(2,871)
Impact on fair value of 20% adverse change$(3,590)$(5,241)$(4,400)$(6,034)
Weighted average discount rate (annual rate)11.5%11.5%11.0%11.0%
Impact on fair value of 10% adverse change$(3,851)$(4,083)$(4,369)$(4,211)
Impact on fair value of 20% adverse change$(7,699)$(8,206)$(8,778)$(8,525)
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Table Text Block]
2016
(In thousands)Total principal amount of loans, net of unearned Principal amount 60 days or more past dueNet credit losses (recoveries)
Loans (owned and managed):
Commercial$10,798,507$314,339$13,073
Construction776,3001,668(2,935)
Legacy45,2933,683(1,913)
Lease financing 702,8934,4183,888
Mortgage 8,448,8831,074,25268,530
Consumer 3,754,393104,89585,398
Covered loans 572,87884,0792,716
Less:
Loans securitized / sold1,663,701119,4582,281
Loans held-for-sale88,821-(5,445)
Loans held-in-portfolio$23,346,625$1,467,876$171,921

2015
(In thousands)Total principal amount of loans, net of unearned Principal amount 60 days or more past dueNet credit losses (recoveries)
Loans (owned and managed):
Commercial$10,144,237$411,291$107,955
Construction681,20114,086(886)
Legacy64,4364,311(2,760)
Lease financing 627,6504,6393,303
Mortgage 9,011,4731,188,29047,552
Consumer 3,837,679106,19492,926
Covered loans 646,115101,45158,880
Less:
Loans securitized / sold1,883,561144,568811
Loans held-for-sale137,00045,71937,602
Loans held-in-portfolio$22,992,230$1,639,975$268,557