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v3.22.2.2

Offsetting assets and liabilities (Tables) | 9 Months Ended
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Sep. 30, 2022
Offsetting assets and liabilities |
Schedule of effect of offsetting recognized assets and liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Gross amounts not offset in the Consolidated Balance Sheets(1)
(in thousands) | Gross amounts of Assets / Liabilities | ​ | Gross amounts offset | ​ | Balance in Consolidated Balance Sheets | ​ | Financial Instruments | ​ | Cash Collateral Received / Paid | ​ | Net Amount
September 30, 2022 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
FX forwards | $ | 3,065 | ​ | $ | — | ​ | $ | 3,065 | ​ | $ | — | ​ | $ | — | ​ | $ | 3,065
TBA Agency Securities | ​ | 9,226 | ​ | ​ | 42 | ​ | ​ | 9,184 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 9,184
Interest rate swaps | ​ | 56,787 | ​ | ​ | 42,824 | ​ | ​ | 13,963 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 13,963
Total | $ | 69,078 | ​ | $ | 42,866 | ​ | $ | 26,212 | ​ | $ | — | ​ | $ | — | ​ | $ | 26,212
Liabilities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
IRLCs | $ | 4,345 | ​ | $ | — | ​ | $ | 4,345 | ​ | $ | — | ​ | $ | — | ​ | $ | 4,345
TBA Agency Securities | ​ | 42 | ​ | ​ | 42 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Secured borrowings | ​ | 3,348,249 | ​ | ​ | — | ​ | ​ | 3,348,249 | ​ | ​ | 3,348,249 | ​ | ​ | — | ​ | ​ | —
Paycheck Protection Program Liquidity Facility | ​ | 305,797 | ​ | ​ | — | ​ | ​ | 305,797 | ​ | ​ | 275,761 | ​ | ​ | — | ​ | ​ | 30,036
Total | $ | 3,658,433 | ​ | $ | 42 | ​ | $ | 3,658,391 | ​ | $ | 3,624,010 | ​ | $ | — | ​ | $ | 34,381
December 31, 2021 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
IRLCs | $ | 2,340 | ​ | $ | — | ​ | $ | 2,340 | ​ | $ | — | ​ | $ | — | ​ | $ | 2,340
FX forwards | ​ | 606 | ​ | ​ | — | ​ | ​ | 606 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 606
TBA Agency Securities | ​ | 128 | ​ | ​ | 128 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Interest rate swaps | ​ | 6,076 | ​ | ​ | 2,000 | ​ | ​ | 4,076 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 4,076
Total | $ | 9,150 | ​ | $ | 2,128 | ​ | $ | 7,022 | ​ | $ | — | ​ | $ | — | ​ | $ | 7,022
Liabilities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate swaps | $ | 3,830 | ​ | $ | 3,830 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | —
TBA Agency Securities | ​ | 538 | ​ | ​ | 128 | ​ | ​ | 410 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 410
Secured borrowings | ​ | 2,517,600 | ​ | ​ | — | ​ | ​ | 2,517,600 | ​ | ​ | 2,517,600 | ​ | ​ | — | ​ | ​ | —
Paycheck Protection Program Liquidity Facility | ​ | 941,505 | ​ | ​ | — | ​ | ​ | 941,505 | ​ | ​ | 870,349 | ​ | ​ | — | ​ | ​ | 71,156
Total | $ | 3,463,473 | ​ | $ | 3,958 | ​ | $ | 3,459,515 | ​ | $ | 3,387,949 | ​ | $ | — | ​ | $ | 71,566
(1) | Amounts presented in these columns are limited in total to the net amount of assets or liabilities presented in the prior column by instrument. In certain cases, there is excess cash collateral or financial assets we have pledged to a counterparty that exceed the financial liabilities subject to a master netting repurchase arrangement or similar agreement. Additionally, in certain cases, counterparties may have pledged excess cash collateral to us that exceeds our corresponding financial assets. In each case, any of these excess amounts are excluded from the table although they are separately reported in our consolidated balance sheets as assets or liabilities, respectively.

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- Definition Tabular disclosure of derivative and other financial assets and liabilities that are subject to offsetting, including master netting arrangements. + References No definition available. + Details
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- References No definition available. + Details
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