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Transfers of financial assets and mortgage servicing assets (Tables)

6 Months Ended

Jun. 30, 2019

Transfers and Servicing of Financial Assets

Schedule Of Securitizations Of Financial Assets Accounted For As Sale [Text Block]

		Proceeds Obtained During the Quarter Ended June 30, 2019
(In thousands)	Level 1		Level 2		Level 3		Initial Fair Value
Assets
Trading account debt securities:
Mortgage-backed securities - GNMA	$	-	$	87,803	$	-	$	87,803
Mortgage-backed securities - FNMA		-		30,584		-		30,584
Total trading account debt securities	$	-	$	118,387	$	-	$	118,387
Mortgage servicing rights	$	-	$	-	$	2,154	$	2,154
Total	$	-	$	118,387	$	2,154	$	120,541

		Proceeds Obtained During the Six Months Ended June 30, 2019
(In thousands)	Level 1		Level 2		Level 3		Initial Fair Value
Assets
Trading account debt securities:
Mortgage-backed securities - GNMA	$	-	$	158,952	$	-	$	158,952
Mortgage-backed securities - FNMA		-		51,502		-		51,502
Total trading account debt securities	$	-	$	210,454	$	-	$	210,454
Mortgage servicing rights	$	-	$	-	$	3,812	$	3,812
Total	$	-	$	210,454	$	3,812	$	214,266

		Proceeds Obtained During the Quarter Ended June 30, 2018
(In thousands)	Level 1		Level 2		Level 3		Initial Fair Value
Assets
Debt securities available-for-sale:
Mortgage-backed securities - FNMA	$	-	$	1,238	$	-	$	1,238
Total debt securities available-for-sale	$	-	$	1,238	$	-	$	1,238
Trading account debt securities:
Mortgage-backed securities - GNMA	$	-	$	97,363	$	-	$	97,363
Mortgage-backed securities - FNMA		-		19,203		-		19,203
Total trading account debt securities	$	-	$	116,566	$	-	$	116,566
Mortgage servicing rights	$	-	$	-	$	2,158	$	2,158
Total	$	-	$	117,804	$	2,158	$	119,962

		Proceeds Obtained During the Six Months Ended June 30, 2018
(In thousands)	Level 1		Level 2		Level 3		Initial Fair Value
Assets
Debt securities available-for-sale:
Mortgage-backed securities - FNMA	$	-	$	6,960	$	-	$	6,960
Total debt securities available-for-sale	$	-	$	6,960	$	-	$	6,960
Trading account debt securities:
Mortgage-backed securities - GNMA	$	-	$	209,858	$	-	$	209,858
Mortgage-backed securities - FNMA		-		39,228		-		39,228
Total trading account debt securities	$	-	$	249,086	$	-	$	249,086
Mortgage servicing rights	$	-	$	-	$	4,573	$	4,573
Total	$	-	$	256,046	$	4,573	$	260,619

Schedule Of Servicing Assets At Fair Value Text Block

Residential MSRs
(In thousands)		June 30, 2019		June 30, 2018
Fair value at beginning of period		$	169,777	$	168,031
Additions			4,255		4,923
Changes due to payments on loans[1]			(5,586)		(6,852)
Reduction due to loan repurchases			(1,007)		(2,077)
Changes in fair value due to changes in valuation model inputs or assumptions			(14,418)		-
Fair value at end of period		$	153,021	$	164,025
[1]	Represents changes due to collection / realization of expected cash flows 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

	Quarters ended				Six months ended
	June 30, 2019		June 30, 2018		June 30, 2019		June 30, 2018
Prepayment speed	7.5	%	4.4	%	6.9	%	4.4	%
Weighted average life (in years)	9.3		11.4		9.6		11.4
Discount rate (annual rate)	11.0	%	11.1	%	11.0	%	11.1	%

Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets

		Originated MSRs						Purchased MSRs
		June 30,			December 31,			June 30,			December 31,
(In thousands)		2019			2018			2019			2018
Fair value of servicing rights		$	61,210		$	69,400		$	91,811		$	100,377
Weighted average life (in years)			6.7			7.1			6.3			6.6
Weighted average prepayment speed (annual rate)			5.8	%		5.1	%		6.2	%		5.5	%
	Impact on fair value of 10% adverse change	$	(1,389)		$	(1,430)		$	(2,225)		$	(2,200)
	Impact on fair value of 20% adverse change	$	(2,733)		$	(2,817)		$	(4,367)		$	(4,328)
Weighted average discount rate (annual rate)			11.4	%		11.5	%		10.9	%		11.0	%
	Impact on fair value of 10% adverse change	$	(2,473)		$	(3,125)		$	(3,597)		$	(4,354)
	Impact on fair value of 20% adverse change	$	(4,773)		$	(6,019)		$	(6,943)		$	(8,394)

X

- Definition

Schedule Of Securitizations Of Financial Assets Accounted For As Sale [Table Text Block]

+ References

No definition available.

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- Definition

Tabular disclosure of all information related to the key inputs and assumptions used in measuring the fair value of assets obtained or liabilities incurred, as the result of a sale of financial assets, relating to the transferor's continuing involvement, if any, at the time of securitization, asset-backed financing arrangement, or similar transfer (including at a minimum, but not limited to, and if applicable, quantitative information about discount rates, expected prepayments including the expected weighted-average life of prepayable financial assets, and anticipated credit losses, including expected static pool losses).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 20
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=109247956&loc=d3e107207-111719

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- Definition

Tabular disclosure of a sensitivity analysis or stress test showing the hypothetical effect on the fair value of the transferor's interests in transferred financial assets (including any servicing assets or servicing liabilities) of two or more unfavorable variations from the expected levels for each key assumption that is reported, independently determined from any change in another key assumption, and a description of the objectives, methodology, and limitations of the sensitivity analysis or stress test.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 20
-Section 50
-Paragraph 4
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- Definition

Tabular disclosure of the activity in the balance of servicing assets (including a description of where changes in fair value are reported in the statement of income for each period for which results of operations are presented), including but not limited to, the following: beginning and ending balances, additions (for instance, through purchases of servicing assets), disposals, changes in fair value during the period resulting from changes in inputs or assumptions used in the valuation model, other changes in fair value along with a description of those changes, and other changes that affect the balance along with a description of those changes.

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-Publisher FASB
-Name Accounting Standards Codification
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