Short and Long-Term Funding (Tables)

3 Months Ended

Mar. 31, 2016

Breakdown of short & long-term debt balances

The components of short-term funding (funding with original contractual maturities of one year or less) and long-term funding (funding with original contractual maturities greater than one year) were as follows.



	March 31, 2016			December 31, 2015
	($ in Thousands)
Short-Term Funding
Federal funds purchased	$	74,985		$	47,870
Securities sold under agreements to repurchase	508,262			383,568
Federal funds purchased and securities sold under agreements to repurchase	$	583,247		$	431,438
FHLB advances	770,000			335,000
Commercial paper	64,161			67,978
Other short-term funding	834,161			402,978
Total short-term funding	$	1,417,408		$	834,416
Long-Term Funding
FHLB advances	$	2,365,216		$	1,750,225
Senior notes, at par	250,000			680,000
Subordinated notes, at par	250,000			250,000
Other long-term funding and capitalized costs (1)	(3,900		)	(4,061		)
Total long-term funding	2,861,316			2,676,164
Total short and long-term funding	$	4,278,724		$	3,510,580
(1) Debt issuance costs are now reflected on the balance sheet with the related debt issued rather than within other assets. See Note 3 for additional information on this new accounting standard.

Remaining contractual maturity of securities sold under agreements to repurchase



	Remaining Contractual Maturity of the Agreements
March 31, 2016	Overnight and Continuous		Up to 30 days		30-90 days		Greater than 90 days		Total
					($ in Thousands)
Repurchase agreements
GSE securities	$	508,262	$	—	$	—	$	—	$	508,262
Total	$	508,262	$	—	$	—	$	—	$	508,262
December 31, 2015
Repurchase agreements
GSE securities	$	383,568	$	—	$	—	$	—	$	383,568
Total	$	383,568	$	—	$	—	$	—	$	383,568