XML 63 R54.htm IDEA: XBRL DOCUMENT v3.23.1
Fair Value Measurements, Fair Value Of Financial Instruments as Measured On a Recurring Basis (Details) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
Dec. 31, 2021
Assets: [Abstract]        
Trading securities $ 2,294,358 $ 4,464,161    
Available for sale securities 11,937,841 11,493,860    
Fair value option securities 326,390 296,590    
Mortgage servicing rights 299,803 277,608 $ 209,563 $ 163,198
Derviative contracts, net of cash collateral, Assets, Fair value 394,291 880,343    
Liabilities: [Abstract]        
Derivative contracts, net of cash collateral, Liabilities, Fair Value 510,483 554,900    
U.S. government securities [Member]        
Assets: [Abstract]        
Trading securities 5,618 9,823    
Residential agency mortgage-backed securities [Member]        
Assets: [Abstract]        
Trading securities 2,210,721 4,406,848    
Available for sale securities 6,022,708 5,814,496    
Fair value option securities 220,083 296,590    
Municipal securities [Member]        
Assets: [Abstract]        
Trading securities 37,455 21,484    
Available for sale securities 634,207 624,500    
Asset-backed securities [Member]        
Assets: [Abstract]        
Trading securities 10,194 0    
U.S. Treasury [Member]        
Assets: [Abstract]        
Available for sale securities 914 898    
Fair value option securities 106,307 0    
Residential non-agency mortgage-backed securities [Member]        
Assets: [Abstract]        
Available for sale securities 651,351 577,576    
Commercial agency mortgage-backed securities [Member]        
Assets: [Abstract]        
Available for sale securities 4,628,188 4,475,917    
Other debt securities [Member]        
Assets: [Abstract]        
Trading securities 30,370 26,006    
Available for sale securities 473 473    
Fair Value, Recurring [Member]        
Assets: [Abstract]        
Trading securities 2,294,358 4,464,161    
Available for sale securities 11,937,841 11,493,860    
Fair value option securities 326,390      
Residential mortgage loans held for sale 74,175 [1] 75,272 [2]    
Mortgage servicing rights 299,803 [3] 277,608 [4]    
Derviative contracts, net of cash collateral, Assets, Fair value 394,291 880,343    
Liabilities: [Abstract]        
Derivative contracts, net of cash collateral, Liabilities, Fair Value 510,483 554,900    
Fair Value, Recurring [Member] | U.S. government securities [Member]        
Assets: [Abstract]        
Trading securities 5,618 9,823    
Fair Value, Recurring [Member] | Residential agency mortgage-backed securities [Member]        
Assets: [Abstract]        
Trading securities 2,210,721 4,406,848    
Available for sale securities 6,022,708 5,814,496    
Fair value option securities 220,083 296,590    
Fair Value, Recurring [Member] | Municipal securities [Member]        
Assets: [Abstract]        
Trading securities 37,455 21,484    
Available for sale securities 634,207 624,500    
Fair Value, Recurring [Member] | Asset-backed securities [Member]        
Assets: [Abstract]        
Trading securities 10,194      
Fair Value, Recurring [Member] | Other trading securities        
Assets: [Abstract]        
Trading securities 30,370 26,006    
Fair Value, Recurring [Member] | U.S. Treasury [Member]        
Assets: [Abstract]        
Available for sale securities 914 898    
Fair value option securities 106,307      
Fair Value, Recurring [Member] | Residential non-agency mortgage-backed securities [Member]        
Assets: [Abstract]        
Available for sale securities 651,351 577,576    
Fair Value, Recurring [Member] | Commercial agency mortgage-backed securities [Member]        
Assets: [Abstract]        
Available for sale securities 4,628,188 4,475,917    
Fair Value, Recurring [Member] | Other debt securities [Member]        
Assets: [Abstract]        
Available for sale securities 473 473    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]        
Assets: [Abstract]        
Trading securities 4,878 4,970    
Available for sale securities 914 898    
Fair value option securities 106,307      
Residential mortgage loans held for sale 0 [1] 0 [2]    
Mortgage servicing rights 0 [3] 0 [4]    
Derviative contracts, net of cash collateral, Assets, Fair value 303 2,110    
Liabilities: [Abstract]        
Derivative contracts, net of cash collateral, Liabilities, Fair Value 3,822 16    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | U.S. government securities [Member]        
Assets: [Abstract]        
Trading securities 4,878 4,970    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Residential agency mortgage-backed securities [Member]        
Assets: [Abstract]        
Trading securities 0 0    
Available for sale securities 0 0    
Fair value option securities 0 0    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Municipal securities [Member]        
Assets: [Abstract]        
Trading securities 0 0    
Available for sale securities 0 0    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Asset-backed securities [Member]        
Assets: [Abstract]        
Trading securities 0      
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Other trading securities        
Assets: [Abstract]        
Trading securities 0 0    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | U.S. Treasury [Member]        
Assets: [Abstract]        
Available for sale securities 914 898    
Fair value option securities 106,307      
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Residential non-agency mortgage-backed securities [Member]        
Assets: [Abstract]        
Available for sale securities 0 0    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Commercial agency mortgage-backed securities [Member]        
Assets: [Abstract]        
Available for sale securities 0 0    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Other debt securities [Member]        
Assets: [Abstract]        
Available for sale securities 0 0    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]        
Assets: [Abstract]        
Trading securities 2,289,480 4,459,191    
Available for sale securities 11,936,454 11,492,489    
Fair value option securities 220,083      
Residential mortgage loans held for sale 67,024 [1] 68,054 [2]    
Mortgage servicing rights 0 [3] 0 [4]    
Derviative contracts, net of cash collateral, Assets, Fair value 393,988 878,233    
Liabilities: [Abstract]        
Derivative contracts, net of cash collateral, Liabilities, Fair Value 506,661 554,884    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | U.S. government securities [Member]        
Assets: [Abstract]        
Trading securities 740 4,853    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Residential agency mortgage-backed securities [Member]        
Assets: [Abstract]        
Trading securities 2,210,721 4,406,848    
Available for sale securities 6,022,708 5,814,496    
Fair value option securities 220,083 296,590    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Municipal securities [Member]        
Assets: [Abstract]        
Trading securities 37,455 21,484    
Available for sale securities 634,207 624,500    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Asset-backed securities [Member]        
Assets: [Abstract]        
Trading securities 10,194      
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Other trading securities        
Assets: [Abstract]        
Trading securities 30,370 26,006    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | U.S. Treasury [Member]        
Assets: [Abstract]        
Available for sale securities 0 0    
Fair value option securities 0      
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Residential non-agency mortgage-backed securities [Member]        
Assets: [Abstract]        
Available for sale securities 651,351 577,576    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Commercial agency mortgage-backed securities [Member]        
Assets: [Abstract]        
Available for sale securities 4,628,188 4,475,917    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Other debt securities [Member]        
Assets: [Abstract]        
Available for sale securities 0 0    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]        
Assets: [Abstract]        
Trading securities 0 0    
Available for sale securities 473 473    
Fair value option securities 0      
Residential mortgage loans held for sale 7,151 [1] 7,218 [2]    
Mortgage servicing rights 299,803 [3] 277,608 [4]    
Derviative contracts, net of cash collateral, Assets, Fair value $ 0 $ 0    
Liquidity Discount on Mortgage Loans Qualifying for Sale to US Govt Agencies 77.43% 77.55%    
Liabilities: [Abstract]        
Derivative contracts, net of cash collateral, Liabilities, Fair Value $ 0 $ 0    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | U.S. government securities [Member]        
Assets: [Abstract]        
Trading securities 0 0    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Residential agency mortgage-backed securities [Member]        
Assets: [Abstract]        
Trading securities 0 0    
Available for sale securities 0 0    
Fair value option securities 0 0    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Municipal securities [Member]        
Assets: [Abstract]        
Trading securities 0 0    
Available for sale securities   0    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Asset-backed securities [Member]        
Assets: [Abstract]        
Trading securities 0      
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Other trading securities        
Assets: [Abstract]        
Trading securities 0 0    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | U.S. Treasury [Member]        
Assets: [Abstract]        
Available for sale securities 0 0    
Fair value option securities 0      
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Residential non-agency mortgage-backed securities [Member]        
Assets: [Abstract]        
Available for sale securities 0 0    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Commercial agency mortgage-backed securities [Member]        
Assets: [Abstract]        
Available for sale securities 0 0    
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Other debt securities [Member]        
Assets: [Abstract]        
Available for sale securities $ 473 $ 473    
[1] Residential mortgage loans held for sale measured at fair value on a recurring basis using significant unobservable inputs (Level 3) consist of residential mortgage loans intended for sale to U.S. government agencies that fail to meet conforming standards and are valued at 77.43% of the unpaid principal balance.
[2] Residential mortgage loans held for sale measured at fair value on a recurring basis using significant unobservable inputs (Level 3) consist of residential mortgage loans intended for sale to U.S. government agencies that fail to meet conforming standards and are valued at 77.55% of the unpaid principal balance.
[3] A reconciliation of the beginning and ending fair value of mortgage servicing rights and disclosures of significant assumptions used to determine fair value are presented in Note 5, Mortgage Banking Activities.3See Note 3 for detail of fair value of derivative contracts by contract type. Derivative contracts in asset and liability positions that were valued based on quoted prices in active markets for identical instruments (Level 1) are primarily exchange-traded interest rate derivative contracts held for trading purposes.
[4] A reconciliation of the beginning and ending fair value of mortgage servicing rights and disclosures of significant assumptions used to determine fair value are presented in Note 5, Mortgage Banking Activities.3See Note 3 for detail of fair value of derivative contracts by contract type. Derivative contracts in asset and liability positions that were valued based on quoted prices in active markets for identical instruments (Level 1) are primarily exchange-traded interest rate derivative contracts held for trading purposes.