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Note 7: Derivative and Other Financial Instruments With Off-balance Sheet Risks: Schedule of Outstanding Derivative Instruments (Tables)
3 Months Ended
Dec. 31, 2012
Tables/Schedules  
Schedule of Outstanding Derivative Instruments

 

 

December 31, 2012

 

June 30, 2012

 

 

 

Fair

 

 

 

Fair

 

Amount

 

Value

 

Amount

 

Value

Derivative Financial Instruments

 

 

 

 

 

 

 

(In Thousands)

 

 

 

 

 

 

 

Commitments to extend credit on loans

 

 

 

 

 

 

 

  to be held for sale (1)

$221,978

 

$3,238

 

$220,357

 

$3,981

Best efforts loan sale commitments

(34,374)

 

-

 

(30,498)

 

-

Mandatory loan sale commitments and TBA MBS trades

(477,671)

 

(332)

 

(408,636)

 

(1,316)

Put option contracts

(20,000)

 

47

 

(15,000)

 

36

Total

$(310,067)

 

$2,953

 

$(233,777)

 

$2,701

 

(1)       Net of 28.4 percent at December 31, 2012 and 33.8 percent at June 30, 2012 of commitments, which management has estimated may not fund.