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Derivatives (Tables)
 3 Months Ended
Mar. 31, 2016
Derivative Instrument Detail [Abstract]  
Derivative Contracts [Table Text Block]
The following table summarizes the fair values of derivative contracts recorded as “derivative contracts” assets and liabilities in the balance sheet at March 31, 2016 (in thousands):
 
 
Assets
 
 
Notional1
 
Gross Fair Value
 
Netting Adjustments
 
Net Fair Value Before Cash Collateral
 
Cash Collateral
 
Fair Value Net of Cash Collateral
Customer risk management programs:
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
16,235,517

 
$
111,188

 
$
(44,570
)
 
$
66,618

 
$
—

 
$
66,618

Interest rate swaps
 
1,335,259

 
48,270

 
—

 
48,270

 
—

 
48,270

Energy contracts
 
533,355

 
62,365

 
(21,374
)
 
40,991

 
(11,340
)
 
29,651

Agricultural contracts
 
104,927

 
1,859

 
(1,175
)
 
684

 
—

 
684

Foreign exchange contracts
 
682,457

 
639,322

 
—

 
639,322

 
(4,970
)
 
634,352

Equity option contracts
 
128,623

 
4,006

 
—

 
4,006

 
(376
)
 
3,630

Total customer risk management programs
 
19,020,138

 
867,010

 
(67,119
)
 
799,891

 
(16,686
)
 
783,205

Interest rate risk management programs
 
772,000

 
6,941

 
—

 
6,941

 
—

 
6,941

Total derivative contracts
 
$
19,792,138

 
$
873,951

 
$
(67,119
)
 
$
806,832

 
$
(16,686
)
 
$
790,146

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
Notional¹
 
Gross Fair Value
 
Netting Adjustments
 
Net Fair Value Before Cash Collateral
 
Cash Collateral
 
Fair Value Net of Cash Collateral
Customer risk management programs:
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
16,323,807

 
$
107,541

 
$
(44,570
)
 
$
62,971

 
$
(61,380
)
 
$
1,591

Interest rate swaps
 
1,335,259

 
48,619

 
—

 
48,619

 
(28,572
)
 
20,047

Energy contracts
 
526,103

 
62,528

 
(21,374
)
 
41,154

 
—

 
41,154

Agricultural contracts
 
104,922

 
1,847

 
(1,175
)
 
672

 
(420
)
 
252

Foreign exchange contracts
 
682,354

 
638,892

 
—

 
638,892

 
(364
)
 
638,528

Equity option contracts
 
128,623

 
4,006

 
—

 
4,006

 
—

 
4,006

Total customer risk management programs
 
19,101,068

 
863,433

 
(67,119
)
 
796,314

 
(90,736
)
 
705,578

Interest rate risk management programs
 
—

 
—

 
—

 
—

 
—

 
—

Total derivative contracts
 
$
19,101,068

 
$
863,433

 
$
(67,119
)
 
$
796,314

 
$
(90,736
)
 
$
705,578

1 
Notional amounts for commodity contracts are converted into dollar-equivalent amounts based on dollar prices at the inception of the contract.


The following table summarizes the fair values of derivative contracts recorded as “derivative contracts” assets and liabilities in the balance sheet at December 31, 2015 (in thousands):

 
 
Assets
 
 
Notional 1
 
Gross Fair Value
 
Netting Adjustments
 
Net Fair Value Before Cash Collateral
 
Cash Collateral
 
Fair Value Net of Cash Collateral
Customer risk management programs:
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
14,583,052

 
$
43,270

 
$
(28,305
)
 
$
14,965

 
$
—

 
$
14,965

Interest rate swaps
 
1,332,044

 
31,744

 
—

 
31,744

 
(1,424
)
 
30,320

Energy contracts
 
470,613

 
83,045

 
(22,970
)
 
60,075

 
(18,606
)
 
41,469

Agricultural contracts
 
61,662

 
2,591

 
(1,158
)
 
1,433

 
—

 
1,433

Foreign exchange contracts
 
546,572

 
498,830

 
—

 
498,830

 
(4,140
)
 
494,690

Equity option contracts
 
137,278

 
3,780

 
—

 
3,780

 
(470
)
 
3,310

Total customer risk management programs
 
17,131,221

 
663,260

 
(52,433
)
 
610,827

 
(24,640
)
 
586,187

Interest rate risk management programs
 
22,000

 
83

 
—

 
83

 
—

 
83

Total derivative contracts
 
$
17,153,221

 
$
663,343

 
$
(52,433
)
 
$
610,910

 
$
(24,640
)
 
$
586,270

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
Notional 1
 
Gross Fair Value
 
Netting Adjustments
 
Net Fair Value Before Cash Collateral
 
Cash Collateral
 
Fair Value Net of Cash Collateral
Customer risk management programs:
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
14,168,927

 
$
40,141

 
$
(28,305
)
 
$
11,836

 
$
(1,308
)
 
$
10,528

Interest rate swaps
 
1,332,044

 
31,928

 
—

 
31,928

 
(20,530
)
 
11,398

Energy contracts
 
463,703

 
81,869

 
(22,970
)
 
58,899

 
—

 
58,899

Agricultural contracts
 
61,657

 
2,579

 
(1,158
)
 
1,421

 
(1,248
)
 
173

Foreign exchange contracts
 
546,405

 
498,574

 
—

 
498,574

 
(1,951
)
 
496,623

Equity option contracts
 
137,278

 
3,780

 
—

 
3,780

 
—

 
3,780

Total customer risk management programs
 
16,710,014

 
658,871

 
(52,433
)
 
606,438

 
(25,037
)
 
581,401

Interest rate risk management programs
 
75,000

 
300

 
—

 
300

 
—

 
300

Total derivative contracts
 
$
16,785,014

 
$
659,171

 
$
(52,433
)
 
$
606,738

 
$
(25,037
)
 
$
581,701

1 
Notional amounts for commodity contracts are converted into dollar-equivalent amounts based on dollar prices at the inception of the contract.




The following table summarizes the fair values of derivative contracts recorded as “derivative contracts” assets and liabilities in the balance sheet at March 31, 2015 (in thousands):
 
 
Assets
 
 
Notional1
 
Gross Fair Value
 
Netting Adjustments
 
Net Fair Value Before Cash Collateral
 
Cash Collateral
 
Fair Value Net of Cash Collateral
Customer risk management programs:
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
18,144,202

 
$
115,693

 
$
(38,135
)
 
$
77,558

 
$
—

 
$
77,558

Interest rate swaps
 
1,174,975

 
39,880

 
—

 
39,880

 
—

 
39,880

Energy contracts
 
651,548

 
133,391

 
(47,576
)
 
85,815

 
(62,118
)
 
23,697

Agricultural contracts
 
37,545

 
837

 
(367
)
 
470

 
—

 
470

Foreign exchange contracts
 
379,243

 
311,739

 
—

 
311,739

 
—

 
311,739

Equity option contracts
 
185,043

 
8,939

 
—

 
8,939

 
(100
)
 
8,839

Total customer risk management programs
 
20,572,556

 
610,479

 
(86,078
)
 
524,401

 
(62,218
)
 
462,183

Interest rate risk management programs
 
22,000

 
203

 
—

 
203

 
—

 
203

Total derivative contracts
 
$
20,594,556

 
$
610,682

 
$
(86,078
)
 
$
524,604

 
$
(62,218
)
 
$
462,386

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
Notional1
 
Gross Fair Value
 
Netting Adjustments
 
Net Fair Value Before Cash Collateral
 
Cash Collateral
 
Fair Value Net of Cash Collateral
Customer risk management programs:
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
17,920,104

 
$
111,977

 
$
(38,135
)
 
$
73,842

 
$
(61,094
)
 
$
12,748

Interest rate swaps
 
1,174,975

 
40,134

 
—

 
40,134

 
(23,121
)
 
17,013

Energy contracts
 
634,459

 
130,396

 
(47,576
)
 
82,820

 
—

 
82,820

Agricultural contracts
 
37,536

 
830

 
(367
)
 
463

 
—

 
463

Foreign exchange contracts
 
378,406

 
310,940

 
—

 
310,940

 
(13,716
)
 
297,224

Equity option contracts
 
185,043

 
8,939

 
—

 
8,939

 
—

 
8,939

Total customer risk management programs
 
20,330,523

 
603,216

 
(86,078
)
 
517,138

 
(97,931
)
 
419,207

Interest rate risk management programs
 
25,000

 
144

 
—

 
144

 
—

 
144

Total derivative contracts
 
$
20,355,523

 
$
603,360

 
$
(86,078
)
 
$
517,282

 
$
(97,931
)
 
$
419,351

1 
Notional amounts for commodity contracts are converted into dollar-equivalent amounts based on dollar prices at the inception of the contract.
Derivative Instruments, Gain (Loss) in Statement of Earnings [Table Text Block]
The following summarizes the pre-tax net gains (losses) on derivative instruments and where they are recorded in the income statement (in thousands):
 
 
Three Months Ended
 
 
March 31, 2016
 
March 31, 2015
 
 
Brokerage
and Trading Revenue
 
Gain (Loss) on Derivatives, Net
 
Brokerage
and Trading
Revenue
 
Gain (Loss)on Derivatives, Net
Customer risk management programs:
 
 
 
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
 
 
 
To-be-announced residential mortgage-backed securities
 
$
7,440

 
$
—

 
$
8,250

 
$
—

Interest rate swaps
 
325

 
—

 
473

 
—

Energy contracts
 
696

 
—

 
1,341

 
—

Agricultural contracts
 
29

 
—

 
12

 
—

Foreign exchange contracts
 
378

 
—

 
245

 
—

Equity option contracts
 
—

 
—

 
—

 
—

Total customer risk management programs
 
8,868

 
—

 
10,321

 
—

Interest rate risk management programs
 
—

 
7,138

 
—

 
911

Total derivative contracts
 
$
8,868

 
$
7,138

 
$
10,321

 
$
911