XML 36 R25.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Investments (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2016
Investments [Abstract] |
Aggregate Values And Unrealized Gains And Losses Of Investment Securities | The amortized cost and fair value of investment securities classified as available for sale and held to maturity at September 30, 2016 and December 31, 2015, are as follows:
| September 30, 2016
(Dollars in thousands) | Cost |  | Gross unrealized gains |  | Gross unrealized losses |  | Fair value
Investment securities available for sale |  |  |  |  |  |  |
U.S. Treasury | $ | 1,547,501 |  |  | $ | 2,030 |  |  | $ | 1 |  |  | $ | 1,549,530 |
Government agency | 169,609 |  |  | 250 |  |  | — |  |  | 169,859 |
Mortgage-backed securities | 4,487,083 |  |  | 44,570 |  |  | 3,283 |  |  | 4,528,370 |
Equity securities | 88,526 |  |  | 4,653 |  |  | 168 |  |  | 93,011 |
Corporate bonds | 41,363 |  |  | 582 |  |  | — |  |  | 41,945 |
Other | 2,115 |  |  | — |  |  | 15 |  |  | 2,100 |
Total investment securities available for sale | $ | 6,336,197 |  |  | $ | 52,085 |  |  | $ | 3,467 |  |  | $ | 6,384,815 |
| December 31, 2015
| Cost |  | Gross unrealized gains |  | Gross unrealized losses |  | Fair value
U.S. Treasury | $ | 1,675,996 |  |  | $ | 4 |  |  | $ | 1,118 |  |  | $ | 1,674,882 |
Government agency | 498,804 |  |  | 230 |  |  | 374 |  |  | 498,660 |
Mortgage-backed securities | 4,692,447 |  |  | 5,120 |  |  | 29,369 |  |  | 4,668,198 |
Equity securities | 7,935 |  |  | 968 |  |  | 10 |  |  | 8,893 |
Corporate bonds | 8,500 |  |  | — |  |  | — |  |  | 8,500 |
Other | 2,115 |  |  | 45 |  |  | — |  |  | 2,160 |
Total investment securities available for sale | $ | 6,885,797 |  |  | $ | 6,367 |  |  | $ | 30,871 |  |  | $ | 6,861,293 |
| September 30, 2016
| Cost |  | Gross unrealized gains |  | Gross unrealized losses |  | Fair value
Investment securities held to maturity |  |  |  |  |  |  |
Mortgage-backed securities | $ | 125 |  |  | $ | 8 |  |  | $ | — |  |  | $ | 133 |
| December 31, 2015
| Cost |  | Gross unrealized gains |  | Gross unrealized losses |  | Fair value
Mortgage-backed securities | $ | 255 |  |  | $ | 10 |  |  | $ | — |  |  | $ | 265 |
Investment Securities Maturity Information | The following table provides the amortized cost and fair value by contractual maturity. Expected maturities will differ from contractual maturities on certain securities because borrowers and issuers may have the right to call or prepay obligations with or without prepayment penalties. Repayments of mortgage-backed securities are dependent on the repayments of the underlying loan balances. Equity securities do not have a stated maturity date.
| September 30, 2016 |  | December 31, 2015
(Dollars in thousands) | Cost |  | Fair value |  | Cost |  | Fair value
Investment securities available for sale |  |  |  |  |  |  |
Non-amortizing securities maturing in: |  |  |  |  |  |  |
One year or less | $ | 1,367,521 |  |  | $ | 1,369,117 |  |  | $ | 1,255,714 |  |  | $ | 1,255,094 |
One through five years | 349,589 |  |  | 350,272 |  |  | 919,086 |  |  | 918,448 |
Five through 10 years | 41,363 |  |  | 41,945 |  |  | 8,500 |  |  | 8,500 |
Over 10 years | 2,115 |  |  | 2,100 |  |  | 2,115 |  |  | 2,160 |
Mortgage-backed securities | 4,487,083 |  |  | 4,528,370 |  |  | 4,692,447 |  |  | 4,668,198 |
Equity securities | 88,526 |  |  | 93,011 |  |  | 7,935 |  |  | 8,893 |
Total investment securities available for sale | $ | 6,336,197 |  |  | $ | 6,384,815 |  |  | $ | 6,885,797 |  |  | $ | 6,861,293 |
Investment securities held to maturity |  |  |  |  |  |  |
Mortgage-backed securities held to maturity | $ | 125 |  |  | $ | 133 |  |  | $ | 255 |  |  | $ | 265 |
Securities Gains (Losses) | For each period presented, securities gains (losses) included the following:
| Three months ended September 30 |  | Nine months ended September 30
(Dollars in thousands) | 2016 |  | 2015 |  | 2016 |  | 2015
Gross gains on sales of investment securities available for sale | $ | 452 |  |  | $ | 5,564 |  |  | $ | 17,940 |  |  | $ | 10,850 |
Gross losses on sales of investment securities available for sale | (100 | ) |  | — |  |  | (431 | ) |  | (13 | )
Total securities gains | $ | 352 |  |  | $ | 5,564 |  |  | $ | 17,509 |  |  | $ | 10,837 |
Investment Securities With Unrealized Losses | The following table provides information regarding securities with unrealized losses as of September 30, 2016 and December 31, 2015.
| September 30, 2016
| Less than 12 months |  | 12 months or more |  | Total
(Dollars in thousands) | Fair value |  | Unrealized losses |  | Fair value |  | Unrealized losses |  | Fair value |  | Unrealized losses
Investment securities available for sale: |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury | $ | 9,995 |  |  | $ | 1 |  |  | $ | — |  |  | $ | — |  |  | $ | 9,995 |  |  | $ | 1 |
Mortgage-backed securities | 356,758 |  |  | 1,111 |  |  | 289,161 |  |  | 2,172 |  |  | 645,919 |  |  | 3,283 |
Equity securities | 23,131 |  |  | 168 |  |  | — |  |  | — |  |  | 23,131 |  |  | 168 |
Other | 2,100 |  |  | 15 |  |  | — |  |  | — |  |  | 2,100 |  |  | 15 |
Total | $ | 391,984 |  |  | $ | 1,295 |  |  | $ | 289,161 |  |  | $ | 2,172 |  |  | $ | 681,145 |  |  | $ | 3,467 |
| December 31, 2015
| Less than 12 months |  | 12 months or more |  | Total
| Fair value |  | Unrealized losses |  | Fair value |  | Unrealized losses |  | Fair value |  | Unrealized losses
Investment securities available for sale: |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury | $ | 1,539,637 |  |  | $ | 1,118 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,539,637 |  |  | $ | 1,118 |
Government agency | 229,436 |  |  | 374 |  |  | — |  |  | — |  |  | 229,436 |  |  | 374 |
Mortgage-backed securities | 3,570,470 |  |  | 23,275 |  |  | 280,126 |  |  | 6,094 |  |  | 3,850,596 |  |  | 29,369 |
Equity securities | 728 |  |  | 10 |  |  | — |  |  | — |  |  | 728 |  |  | 10 |
Total | $ | 5,340,271 |  |  | $ | 24,777 |  |  | $ | 280,126 |  |  | $ | 6,094 |  |  | $ | 5,620,397 |  |  | $ | 30,871 |

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of realized gains and losses on investments reported in the statement of income. + References No definition available. + Details
Name: | us-gaap_RealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=73527792&loc=d3e27290-111563 + Details
Name: | us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of unrealized gains and losses on investments. + References No definition available. + Details
Name: | us-gaap_UnrealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration