XML 57 R35.htm IDEA: XBRL DOCUMENT v3.8.0.1
FHLB Advances and Other Borrowings (Tables)
 12 Months Ended
Sep. 30, 2017
Banking and Thrift [Abstract]  
Advances
The table below shows the maturity dates of outstanding FHLB advances.
 
 
September 30, 2017
September 30, 2016
 
(In thousands)
FHLB advances
 
 
Within 1 year
$
1,395,000

$
200,000

1 to 3 years
430,000

880,000

3 to 5 years
400,000

700,000

More than 5 years
—

300,000

 
$
2,225,000

$
2,080,000
Weighted average cost and amount of advances
Financial data pertaining to the weighted-average cost and the amount of FHLB advances were as follows.
 
 
2017
2016
2015
 
(In thousands)
Weighted average interest rate, net of cash flow hedges, at end of year
2.80
%
3.15
%
3.35
%
Weighted daily average interest rate, net of cash flow hedges, during the year
3.00
%
3.22
%
3.57
%
Daily average of FHLB advances during the year
$
2,167,986

$
1,992,434

$
1,848,904

Maximum amount of FHLB advances at any month end
$
2,350,000

$
2,080,000

$
1,930,000

Interest expense during the year (excludes interest rate swap expense)
$
64,968

$
64,058

$
64,331