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Borrowings (Tables)

9 Months Ended

Sep. 30, 2015

Schedule Of Repurchase Agreement Counterparty [Table Text Block]

At September 30, 2015 and December 31, 2014, securities sold under agreements to repurchase (classified by counterparty), excluding accrued interest in the amount of $2.1 million and $2.3 million, respectively, were as follows:

	September 30,				December 31,
	2015				2014
			Fair Value of				Fair Value of
	Borrowing		Underlying		Borrowing		Underlying
	Balance		Collateral		Balance		Collateral
	(In thousands)
JP Morgan Chase Bank NA		328,532		354,353		307,816		328,198
Credit Suisse Securities (USA) LLC		670,000		745,025		670,000		760,327
Total	$	998,532	$	1,099,378	$	977,816	$	1,088,525

Schedule of Repurchase Agreement by Maturity [Table text Block]

The following table shows a summary of the Company’s repurchase agreements and their terms, excluding accrued interest in the amount of $2.1 million, at September 30, 2015:

				Weighted-
		Borrowing		Average		Maturity
Year of Maturity		Balance		Coupon	Settlement Date	Date
		(In thousands)
2015	$		57,400	0.500%	8/20/2015	10/1/2015
			31,132	0.470%	9/22/2015	10/22/2015

2016			170,000	1.500%	12/6/2012	12/8/2016
			240,000	0.950%	12/10/2012	9/30/2016

2017			500,000	4.780%	3/2/2007	3/2/2017
		$	998,532	2.921%

Schedule of Repurchase Agreements [Table]

	September 30, 2015
					Market Value of Underlying Collateral

			Weighted		FNMA and
	Repurchase		Average		FHLMC		GNMA
	Liability		Rate		Certificates		Certificates		Total
	(Dollars in thousands)
Less than 90 days		88,532		0.49%		95,023		-		95,023
Over 90 days		910,000		3.16%		1,001,926		2,429		1,004,355
Total	$	998,532		2.92%	$	1,096,949	$	2,429	$	1,099,378

	December 31, 2014
					Market Value of Underlying Collateral

			Weighted		FNMA and
	Repurchase		Average		FHLMC		GNMA
	Liability		Rate		Certificates		Certificates		Total
	(Dollars in thousands)
Less than 90 days	$	52,816		0.39%	$	56,066	$	-	$	56,066
Over 90 days		925,000		2.83%		1,031,206		1,253		1,032,459

Total	$	977,816		2.89%	$	1,087,272	$	1,253	$	1,088,525

Federal Home Loan Bank Advances Maturities Summary [Table Text Block]

The following table shows a summary of these advances and their terms, excluding accrued interest in the amount of $343 thousand, at September 30, 2015:

			Weighted-
		Borrowing	Average		Maturity
Year of Maturity		Balance	Coupon	Settlement Date	Date
		(In thousands)
2015	$	25,000	0.47%	9/4/2015	10/5/2015
		50,000	0.48%	9/10/2015	10/13/2015
		100,000	0.53%	9/16/2015	10/16/2015
		25,000	0.44%	9/24/2015	10/26/2015
		25,000	0.40%	9/30/2015	10/30/2015
		38,322	0.41%	9/1/2015	10/1/2015
		263,322

2017		4,326	1.24%	4/3/2012	4/3/2017

2018		30,000	2.19%	1/16/2013	1/16/2018
		25,000	2.18%	1/16/2013	1/16/2018
		55,000

2020		9,945	2.59%	7/19/2013	7/20/2020
	$	332,593	0.83%

Redemtion Funds [Table Text Block]

	Redemption fund
	(In thousands)
Redemption fund - September 30, 2015	$	60,300
2015		1,675
2016		5,025
	$	67,000