XML 30 R20.htm IDEA: XBRL DOCUMENT
v3.19.1

Note 12: Securities Sold Under Reverse Repurchase Agreements and Short-term Borrowings | 3 Months Ended
--- | ---
Mar. 31, 2019
Notes |
Note 12: Securities Sold Under Reverse Repurchase Agreements and Short-term Borrowings | NOTE 12: SECURITIES SOLD UNDER REVERSE REPURCHASE AGREEMENTS AND SHORT-TERM BORROWINGS
| March 31, 2019 |  | December 31, 2018
| (In Thousands)
Notes payable – Community Development Equity Funds | $ 1,349 |  | $ 1,625
Other interest-bearing liabilities | 20,870 |  | 13,100
Overnight borrowings from the Federal Home Loan Bank | — |  | 178,000
Securities sold under reverse repurchase agreements | 118,618 |  | 105,253
| $ 140,837 |  | $ 297,978
The Bank enters into sales of securities under agreements to repurchase (reverse repurchase agreements). Reverse repurchase agreements are treated as financings, and the obligations to repurchase securities sold are reflected as a liability in the statements of financial condition. The dollar amount of securities underlying the agreements remains in the asset accounts. Securities underlying the agreements are being held by the Bank during the agreement period. All agreements are written on a term of one month or less. At both March 31, 2019 and December 31, 2018, other interest-bearing liabilities consisted of cash collateral held by the Company to satisfy minimum collateral posting thresholds with its derivative dealer counterparties representing the termination value of derivatives, which at such time were in a net asset position. Under the collateral agreements between the parties, either party may choose to provide cash or securities to satisfy its collateral requirements. The following table represents the Company’s securities sold under reverse repurchase agreements, by collateral type and remaining contractual maturity.
| March 31, 2019 |  | December 31, 2018
| Overnight and |  | Overnight and
| Continuous |  | Continuous
| (In Thousands)
Mortgage-backed securities – GNMA, FNMA, FHLMC | $ 118,618 |  | $ 105,253

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for repurchase agreements (also known as repos), resale agreements (also known as reverse repurchase agreements or reverse repos), securities borrowed transactions, and securities loaned transactions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -URI http://asc.fasb.org/topic&trid=2197590 + Details
Name: | us-gaap_RepurchaseAgreementsResaleAgreementsSecuritiesBorrowedAndSecuritiesLoanedDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration