XML 49 R36.htm IDEA: XBRL DOCUMENT v3.5.0.2
Allowance for Loan Losses - Allowance for Credit Losses and Recorded Investments in Loans (Detail)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
USD ($)
charge_off
Jun. 30, 2015
USD ($)
charge_off
Jun. 30, 2016
USD ($)
charge_off
Jun. 30, 2015
USD ($)
charge_off
Allowance for Loan Losses        
Beginning balance $ 126,249 $ 89,805 $ 112,507 $ 83,842
Total provision 41,377 15,558 75,537 32,176
Net charge-offs:        
Charge-offs (24,250) (13,757) (43,637) (23,618)
Recoveries 3,082 1,780 4,125 3,168
Net charge-offs (21,168) (11,977) (39,512) (20,450)
Loan sales (1,533) (1,520) (3,607) (3,702)
Ending Balance 144,925 91,866 144,925 91,866
Allowance:        
Ending balance: individually evaluated for impairment 63,370 32,446 63,370 32,446
Ending balance: collectively evaluated for impairment 81,555 59,420 81,555 59,420
Loans:        
Ending balance: individually evaluated for impairment 400,969 187,143 400,969 187,143
Ending balance: collectively evaluated for impairment 12,951,257 10,304,670 12,951,257 10,304,670
FFELP Loans        
Allowance for Loan Losses        
Beginning balance 3,629 4,569 3,691 5,268
Total provision (985) 466 (664) 901
Net charge-offs:        
Charge-offs (347) (479) (730) (1,613)
Recoveries 0 0 0 0
Net charge-offs (347) (479) (730) (1,613)
Loan sales 0 0 0 0
Ending Balance 2,297 4,556 2,297 4,556
Allowance:        
Ending balance: individually evaluated for impairment 0 0 0 0
Ending balance: collectively evaluated for impairment 2,297 4,556 2,297 4,556
Loans:        
Ending balance: individually evaluated for impairment 0 0 0 0
Ending balance: collectively evaluated for impairment $ 1,061,517 $ 1,178,876 $ 1,061,517 $ 1,178,876
Net charge-offs as a percentage of average loans in repayment (annualized) 0.18% 0.22% 0.18% 0.37%
Allowance as a percentage of the ending total loan balance 0.22% 0.39% 0.22% 0.39%
Allowance as a percentage of the ending loans in repayment 0.30% 0.54% 0.30% 0.54%
Allowance coverage of net charge-offs (annualized) | charge_off 1.65 2.38 1.57 1.41
Ending total loans, gross $ 1,061,517 $ 1,178,876 $ 1,061,517 $ 1,178,876
Average loans in repayment 786,818 861,453 794,665 880,953
Ending loans in repayment 773,321 836,545 773,321 836,545
Private Education Loans        
Allowance for Loan Losses        
Beginning balance 122,620 85,236 108,816 78,574
Total provision 42,362 15,092 76,201 31,275
Net charge-offs:        
Charge-offs (23,903) (13,278) (42,907) (22,005)
Recoveries 3,082 1,780 4,125 3,168
Net charge-offs (20,821) (11,498) (38,782) (18,837)
Loan sales (1,533) (1,520) (3,607) (3,702)
Ending Balance 142,628 87,310 142,628 87,310
Allowance:        
Ending balance: individually evaluated for impairment 63,370 32,446 63,370 32,446
Ending balance: collectively evaluated for impairment 79,258 54,864 79,258 54,864
Loans:        
Ending balance: individually evaluated for impairment 400,969 187,143 400,969 187,143
Ending balance: collectively evaluated for impairment $ 11,889,740 $ 9,125,794 $ 11,889,740 $ 9,125,794
Net charge-offs as a percentage of average loans in repayment (annualized) 1.05% 0.81% 1.01% 0.66%
Allowance as a percentage of the ending total loan balance 1.16% 0.94% 1.16% 0.94%
Allowance as a percentage of the ending loans in repayment 1.78% 1.54% 1.78% 1.54%
Allowance coverage of net charge-offs (annualized) | charge_off 1.71 1.90 1.84 2.32
Ending total loans, gross $ 12,290,709 $ 9,312,937 $ 12,290,709 $ 9,312,937
Average loans in repayment 7,894,340 5,712,559 7,695,889 5,667,912
Ending loans in repayment $ 8,029,034 $ 5,666,645 $ 8,029,034 $ 5,666,645