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Derivatives and Hedging Activities (Tables)
3 Months Ended
Dec. 31, 2014
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]  
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. 
 
 
 
 
December 31, 2014
 
September 30, 2014
 
 
Level in Fair Value Hierarchy
 
Carrying
Amount
 
Estimated
Fair Value
 
Carrying
Amount
 
Estimated
Fair Value
 
 
 
 
(In thousands)
Financial assets
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
1
 
$
542,769

 
$
542,769

 
$
781,843

 
$
781,843

Available-for-sale securities
 
 
 
 
 
 
 
 
 
 
Equity securities
 
1
 
101,636

 
101,636

 
101,387

 
101,387

Obligations of U.S. government
 
2
 
620,018

 
620,018

 
731,943

 
731,943

Obligations of states and political subdivisions
 
2
 
24,068

 
24,068

 
23,681

 
23,681

Corporate debt securities
 
2
 
527,938

 
527,938

 
509,007

 
509,007

Mortgage-backed securities
 
 
 
 
 
 
 
 
 
 
Agency pass-through certificates
 
2
 
1,527,810

 
1,527,810

 
1,584,508

 
1,584,508

           Other commercial MBS
 
2
 
93,586

 
93,586

 
98,916

 
98,916

Total available-for-sale securities
 
 
 
2,895,056

 
2,895,056

 
3,049,442

 
3,049,442

Held-to-maturity securities
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
 
 
 
 
 
 
 
 
 
Agency pass-through certificates
 
2
 
1,516,219

 
1,503,781

 
1,548,265

 
1,499,218

Total held-to-maturity securities
 
 
 
1,516,219

 
1,503,781

 
1,548,265

 
1,499,218

 
 
 
 
 
 
 
 
 
 
 
Loans receivable, net
 
3
 
8,253,917

 
8,816,245

 
8,148,322

 
8,667,771

Covered loans, net
 
3
 
161,478

 
167,129

 
176,476

 
176,761

FDIC indemnification asset
 
3
 
30,356

 
29,559

 
36,860

 
35,976

FHLB and FRB stock
 
2
 
154,870

 
154,870

 
158,839

 
158,839

 
 
 
 
 
 
 
 
 
 
 
Financial liabilities
 
 
 
 
 
 
 
 
 
 
Customer accounts
 
2
 
10,578,853

 
9,936,221

 
10,716,928

 
9,946,586

FHLB advances
 
2
 
1,830,000

 
1,953,751

 
1,930,000

 
2,054,437

 
 
 
 
 
 
 
 
 
 
 
Off balance sheet - interest rate swaps
 
2
 

 
(4,517
)
 

 
(170
)
 
 
 
 
 
 
 
 
 
 
 
Derivative [Member]  
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]  
Schedule of Fair Value and Balance Sheet Classification
The following table presents the fair value and balance sheet classification of derivatives at December 31, 2014 and September 30, 2014:
 
 
Asset Derivatives
 
Liability Derivatives
 
 
December 31, 2014
 
September 30, 2014
 
December 31, 2014
 
September 30, 2014
 
 
Location
 
Fair Value
 
Location
 
Fair Value
 
Location
 
Fair Value
 
Location
 
Fair Value
 
 
(In thousands)
Interest rate contracts
 
Other assets
 
$
5,626

 
Other assets
 
$
2,879

 
Other liabilities
 
$
5,626

 
Other liabilities
 
$
2,879

Long term borrowing hedge
 
Other assets
 

 
Other assets
 

 
Other liabilities
 
4,517

 
Other liabilities