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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2016
Off-Balance-Sheet Originate Loans and Letters of Credit

The following table summarizes the Company’s off-balance sheet commitments to originate loans and letters of credit at December 31, 2016:

 

(in thousands)       

Mortgage Loan Commitments:

  

Multi-family and commercial real estate

   $ 316,709  

One-to-four family

     271,230  

Acquisition, development, and construction

     317,234  
  

 

 

 

Total mortgage loan commitments

   $ 905,173  

Other loan commitments

     1,171,002  
  

 

 

 

Total loan commitments

   $ 2,076,175  

Commercial, performance stand-by, and financial stand-by letters of credit

     324,288  
  

 

 

 

Total commitments

   $ 2,400,463  
  

 

 

 
Remaining Projected Minimum Annual Rental Commitments, Exclusive of Taxes and Other Charges

The remaining projected minimum annual rental commitments under these agreements, exclusive of taxes and other charges, are summarized as follows:

 

(in thousands)       

2017

   $ 29,639  

2018

     26,281  

2019

     23,201  

2020

     17,099  

2021 and thereafter

     64,038  
  

 

 

 

Total minimum future rentals

   $ 160,258  
  

 

 

 
Guarantees and Indemnifications

The following table summarizes the Company’s guarantees and indemnifications at December 31, 2016:

 

(in thousands)    Expires
Within One
Year
     Expires
After One
Year
     Total
Outstanding
Amount
     Maximum Potential
Amount of
Future Payments
 

Financial stand-by letters of credit

   $ 25,574      $ 51,279      $ 76,853      $ 237,870  

Performance stand-by letters of credit

     8,891        —          8,891        7,880  

Commercial letters of credit

     3,828        52        3,880        78,538  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total letters of credit

   $ 38,293      $ 51,331      $ 89,624      $ 324,288