Available-for-Sale Securities

6 Months Ended

Jun. 30, 2017

Available-for-sale Securities [Abstract]

Available for sale Securities [Text Block]

Available-for-Sale Securities

Table 4.1 - Available-for-Sale Securities by Major Security Types (in thousands)

	June 30, 2017
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Certificates of deposit	$	350,000	$	10	$	(6	)	$	350,004
Total	$	350,000	$	10	$	(6	)	$	350,004
	December 31, 2016
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Certificates of deposit	$	1,300,000	$	38	$	(15	)	$	1,300,023
Total	$	1,300,000	$	38	$	(15	)	$	1,300,023

All securities outstanding with gross unrealized losses at June 30, 2017 and December 31, 2016 were in a continuous unrealized loss position for less than 12 months.

Table 4.2 - Available-for-Sale Securities by Contractual Maturity (in thousands)

	June 30, 2017				December 31, 2016
Year of Maturity	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Due in one year or less	$	350,000	$	350,004	$	1,300,000	$	1,300,023

Table 4.3 - Interest Rate Payment Terms of Available-for-Sale Securities (in thousands)

	June 30, 2017		December 31, 2016
Amortized cost of available-for-sale securities:
Fixed-rate	$	350,000	$	1,300,000

Realized Gains and Losses. The FHLB had no sales of securities out of its available-for-sale portfolio for the six months endedJune 30, 2017 or 2016.