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Derivatives and Hedging Activities (Tables)
6 Months Ended
Mar. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value and Balance Sheet Classification
Although management is not aware of any factors that would materially affect the estimated fair value amounts presented below, such amounts have not been comprehensively revalued for purposes of these financial statements since the dates shown, and therefore, estimates of fair value subsequent to those dates may differ significantly from the amounts presented below. 
 
 
 
 
March 31, 2014
 
September 30, 2013
 
 
Level in Fair Value Hierarchy
 
Carrying
Amount
 
Estimated
Fair Value
 
Carrying
Amount
 
Estimated
Fair Value
 
 
 
 
(In thousands)
Financial assets
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
1
 
$
608,236

 
$
608,236

 
$
203,563

 
$
203,563

Available-for-sale securities
 
 
 
 
 
 
 
 
 
 
Equity securities
 
1
 
101,496

 
101,496

 
101,237

 
101,237

Obligations of U.S. government
 
2
 
782,257

 
782,257

 
533,975

 
533,975

Obligations of states and political subdivisions
 
2
 
22,912

 
22,912

 
22,545

 
22,545

Corporate debt securities
 
2
 
434,570

 
434,570

 
452,015

 
452,015

Mortgage-backed securities
 
 
 
 
 
 
 
 
 
 
Agency pass-through certificates
 
2
 
1,709,873

 
1,709,873

 
1,251,176

 
1,251,176

Other Commercial MBS
 
2
 
59,467

 
59,467

 

 

Total available-for-sale securities
 
 
 
3,110,575

 
3,110,575

 
2,360,948

 
2,360,948

Held-to-maturity securities
 
2
 
 
 
 
 
 
 
 
Total held-to-maturity securities
 
 
 
1,611,303

 
1,527,531

 
1,654,666

 
1,582,849

 
 
 
 
 
 
 
 
 
 
 
Loans receivable
 
3
 
7,737,109

 
8,205,310

 
7,528,030

 
8,070,279

Covered loans
 
3
 
229,605

 
233,275

 
295,947

 
300,610

FDIC indemnification asset
 
3
 
53,289

 
52,408

 
64,615

 
62,300

FHLB and FRB stock
 
2
 
167,174

 
167,174

 
173,009

 
173,009

 
 
 
 
 
 
 
 
 
 
 
Financial liabilities
 
 
 
 
 
 
 
 
 
 
Customer accounts
 
2
 
10,344,891

 
9,720,995

 
9,090,271

 
8,585,068

FHLB advances and other borrowings
 
2
 
1,930,000

 
2,056,430

 
1,930,000

 
2,064,248

The following table presents the fair value and balance sheet classification of derivatives not designated as hedging instruments at March 31, 2014 and September 30, 2013:
 
 
Asset Derivatives
 
Liability Derivatives
 
 
March 31, 2014
 
September 30, 2013
 
March 31, 2014
 
September 30, 2013
 
 
Balance Sheet
 
 
 
Balance Sheet
 
 
 
Balance Sheet
 
 
 
Balance Sheet
 
 
 
 
Location
 
Fair Value
 
Location
 
Fair Value
 
Location
 
Fair Value
 
Location
 
Fair Value
 
 
(In thousands)
Interest rate contracts
 
Other assets
 
$
322

 
Other assets
 
$
7

 
Other liabilities
 
$
322

 
Other liabilities
 
$
7

Commitments to purchase MBS
 
AFS securities
 

 
AFS securities
 
$
3,188

 
N/A
 
N/A
 
N/A
 
N/A