XML 65 R53.htm IDEA: XBRL DOCUMENT v3.24.0.1

Commitment and Contingencies (Tables)

12 Months Ended

Dec. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Summary of the Contractual Amount of Significant Commitments

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

			December 31,
(in millions)			2023						2022
Multi-family and commercial real estate			$	52					$	216
One-to-four family including interest rate locks			1,694						2,066
Acquisition, development, and construction			3,926						3,539
Warehouse loan commitments			7,074						8,042
Other loan commitments			11,315						7,964
Total loan commitments			$	24,061					$	21,827
Commercial, performance stand-by, and financial stand-by letters of credit			915						541
Total commitments			$	24,976					$	22,368

Schedule of Guarantor Obligations

The following table summarizes the Company’s guarantees and indemnifications at December 31, 2023:

(in millions)			Expires Within One Year						Expires After One Year						Total Outstanding Amount						Maximum Potential Amount of Future Payments
Financial stand-by letters of credit			$	254					$	288					$	542					$	639
Performance stand-by letters of credit			100						2						102						102
Commercial letters of credit			3						—						3						174
Total letters of credit			$	357					$	290					$	647					$	915

X

- References

No definition available.

+ Details

Name:	us-gaap_CommitmentsAndContingenciesDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information about obligations resulting from other commitments.

+ References

No definition available.

+ Details

Name:	us-gaap_OtherCommitmentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of each guarantee obligation, or each group of similar guarantee obligations, including (a) the nature of the guarantee, including its term, how it arose, and the events or circumstances that would require the guarantor to perform under the guarantee; (b) the maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee; (c) the current carrying amount of the liability, if any, for the guarantor's obligations under the guarantee; and (d) the nature of any recourse provisions under the guarantee, and any assets held either as collateral or by third parties, and any relevant related party disclosure. Excludes disclosures about product warranties.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 460
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482425/460-10-50-4

+ Details

Name:	us-gaap_ScheduleOfGuaranteeObligationsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration