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Allowance for Loan Losses - Allowance and Recorded Investments in Loans (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Allowance for Loan Losses        
Allowance at beginning of period $ 358,325 $ 272,123 $ 341,121 $ 251,475
Total provision 92,915 62,894 158,575 118,443
Net charge-offs:        
Charge-offs (74,627) (45,434) (129,689) (84,237)
Recoveries 7,384 5,694 13,990 10,812
Net charge-offs (67,243) (39,740) (115,699) (73,425)
Loan sales       (1,216)
Allowance at end of period 383,997 295,277 383,997 295,277
Allowance:        
Ending balance: individually evaluated for impairment 146,403 113,343 146,403 113,343
Ending balance: collectively evaluated for impairment 237,594 181,934 237,594 181,934
Loans:        
Ending balance: individually evaluated for impairment 1,411,189 1,121,816 1,411,189 1,121,816
Ending balance: collectively evaluated for impairment 22,164,795 19,417,648 22,164,795 19,417,648
FFELP Loans        
Allowance for Loan Losses        
Allowance at beginning of period 1,760 1,113 977 1,132
Total provision 145 252 1,162 483
Net charge-offs:        
Charge-offs (171) (292) (405) (542)
Recoveries 0 0 0 0
Net charge-offs (171) (292) (405) (542)
Loan sales       0
Allowance at end of period 1,734 1,073 1,734 1,073
Allowance:        
Ending balance: individually evaluated for impairment 0 0 0 0
Ending balance: collectively evaluated for impairment 1,734 1,073 1,734 1,073
Loans:        
Ending balance: individually evaluated for impairment 0 0 0 0
Ending balance: collectively evaluated for impairment $ 812,500 $ 885,357 $ 812,500 $ 885,357
Net charge-offs as a percentage of average loans in repayment (annualized) 0.11% 0.17% 0.13% 0.15%
Allowance as a percentage of the ending total loan balance 0.21% 0.12% 0.21% 0.12%
Allowance as a percentage of the ending loans in repayment 0.28% 0.16% 0.28% 0.16%
Allowance coverage of net charge-offs (annualized) 2.54 0.92 2.14 0.99
Ending total loans, gross $ 812,500 $ 885,357 $ 812,500 $ 885,357
Average loans in repayment 634,932 698,197 642,693 709,010
Ending loans in repayment 620,292 680,802 620,292 680,802
Private Education Loans        
Allowance for Loan Losses        
Allowance at beginning of period 285,946 252,103 277,943 243,715
Total provision 71,296 46,264 113,179 88,134
Net charge-offs:        
Charge-offs (55,382) (42,270) (94,959) (79,623)
Recoveries 6,108 5,598 11,805 10,685
Net charge-offs (49,274) (36,672) (83,154) (68,938)
Loan sales       (1,216)
Allowance at end of period 307,968 261,695 307,968 261,695
Allowance:        
Ending balance: individually evaluated for impairment 146,403 113,343 146,403 113,343
Ending balance: collectively evaluated for impairment 161,565 148,352 161,565 148,352
Loans:        
Ending balance: individually evaluated for impairment 1,411,189 1,121,816 1,411,189 1,121,816
Ending balance: collectively evaluated for impairment $ 20,217,658 $ 17,566,211 $ 20,217,658 $ 17,566,211
Net charge-offs as a percentage of average loans in repayment (annualized) 1.29% 1.14% 1.09% 1.08%
Allowance as a percentage of the ending total loan balance 1.42% 1.40% 1.42% 1.40%
Allowance as a percentage of the ending loans in repayment 2.01% 2.02% 2.01% 2.02%
Allowance coverage of net charge-offs (annualized) 1.56 1.78 1.85 1.90
Ending total loans, gross $ 21,628,847 $ 18,688,027 $ 21,628,847 $ 18,688,027
Average loans in repayment 15,241,574 12,909,623 15,188,003 12,810,072
Ending loans in repayment 15,332,251 12,979,523 15,332,251 12,979,523
Personal Loans        
Allowance for Loan Losses        
Allowance at beginning of period 70,619 18,907 62,201 6,628
Total provision 21,474 16,378 44,234 29,826
Net charge-offs:        
Charge-offs (19,074) (2,872) (34,325) (4,072)
Recoveries 1,276 96 2,185 127
Net charge-offs (17,798) (2,776) (32,140) (3,945)
Loan sales       0
Allowance at end of period 74,295 32,509 74,295 32,509
Allowance:        
Ending balance: individually evaluated for impairment 0 0 0 0
Ending balance: collectively evaluated for impairment 74,295 32,509 74,295 32,509
Loans:        
Ending balance: individually evaluated for impairment 0 0 0 0
Ending balance: collectively evaluated for impairment $ 1,134,637 $ 966,080 $ 1,134,637 $ 966,080
Net charge-offs as a percentage of average loans in repayment (annualized) 6.20% 1.36% 5.53% 1.17%
Allowance as a percentage of the ending total loan balance 6.55% 3.37% 6.55% 3.37%
Allowance as a percentage of the ending loans in repayment 6.55% 3.37% 6.55% 3.37%
Allowance coverage of net charge-offs (annualized) 1.04 2.93 1.16 4.12
Ending total loans, gross $ 1,134,637 $ 966,080 $ 1,134,637 $ 966,080
Average loans in repayment 1,148,444 815,741 1,161,761 673,552
Ending loans in repayment $ 1,134,637 $ 966,080 $ 1,134,637 $ 966,080