Capital (Tables)

9 Months Ended

Sep. 30, 2012

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The following table summarizes the changes in AOCI for the nine months ended September 30, 2012 and 2011.



(in thousands)	Net Unrealized Gains(Losses) on AFS			Noncredit OTTI Gains(Losses) on AFS			Noncredit OTTI Gains(Losses) on HTM			Net Unrealized Gains (Losses) on Hedging Activities		Pension and Post-Retirement Plans			Total
December 31, 2011	$	5,891		$	(168,114	)	$	—		$	286	$	(428	)	$	(162,365	)
Net unrealized gains	29,792			34,361			—			—		—			64,153
Net change in fair value of OTTI securities	—			117,751			—			—		—			117,751
Noncredit component of OTTI losses	—			—			(662		)	—		—			(662		)
Reclassification adjustment of noncredit OTTI losses included in net income	—			9,495			—			—		—			9,495
Noncredit OTTI losses transferred from HTM to AFS	—			(662		)	662			—		—			—
Pension and post-retirement benefits	—			—			—			—		54			54
September 30, 2012	$	35,683		$	(7,169	)	$	—		$	286	$	(374	)	$	28,426

December 31, 2010	$	(962	)	$	(222,533	)	$	—		$	270	$	(116	)	$	(223,341	)
Net unrealized gains	4,186			7,446			—			—		—			11,632
Net change in fair value of OTTI securities	—			47,643			—			—		—			47,643
Noncredit component of OTTI losses	—			(86		)	(2,697		)	—		—			(2,783		)
Reclassification adjustment of noncredit OTTI losses included in net income	—			37,089			—			—		—			37,089
Noncredit OTTI losses transferred from HTM to AFS	—			(2,697		)	2,697			—		—			—
Reclassifications included in net income	—			(7,278		)	—			18		—			(7,260		)
Pension and post-retirement benefits	—			—			—			—		(12		)	(12		)
September 30, 2011	$	3,224		$	(140,416	)	$	—		$	288	$	(128	)	$	(137,032	)

Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]

The following table demonstrates the Bank’s compliance with these capital requirements at September 30, 2012 and December 31, 2011.



	September 30, 2012						December 31, 2011
(dollars in thousands)	Required			Actual			Required			Actual
Regulatory capital requirements:
Risk-based capital	$	1,014,193		$	3,790,778		$	1,062,070		$	3,870,876
Total capital-to-asset ratio	4.0		%	6.3		%	4.0		%	7.4		%
Total regulatory capital	2,405,620			3,790,778			2,079,771			3,870,876
Leverage ratio	5.0		%	9.5		%	5.0		%	11.2		%
Leverage capital	3,007,025			5,686,167			2,599,714			5,806,313

Schedule of Concentration in Capital Stock Held [Table Text Block]

The following tables present member holdings of 10% or more of the Bank’s total capital stock including mandatorily redeemable capital stock outstanding as of September 30, 2012 and December 31, 2011.



(dollars in thousands)	September 30, 2012
Member⁽¹⁾	Capital Stock		% of Total
Sovereign Bank, N.A., Wilmington, DE	$	649,670	19.8	%
PNC Bank, N.A., Wilmington, DE	413,007		12.6	%



(dollars in thousands)	December 31, 2011
Member⁽¹⁾	Capital Stock		% of Total
Sovereign Bank, N.A., Wilmington, DE	$	555,370	16.2	%
Ally Bank, Midvale, UT	383,865		11.2	%
ING Bank, FSB, Wilmington, DE	370,360		10.8	%

Note:

⁽¹⁾ For Bank membership purposes, principal place of business for Ally Bank is Horsham, PA.

For PNC Bank, the principal place of business is Pittsburgh, PA.

Man

Schedule of Mandatorily Redeemable Capital Stock [Table Text Block]

The following table provides the related dollar amounts for activities recorded in mandatorily redeemable capital stock during the nine months ended September 30, 2012 and 2011.



	Nine months ended September 30,
(in thousands)	2012			2011
Balance, beginning of the period	$	45,673		$	34,215
Capital stock subject to mandatory redemption reclassified from capital stock:
Due to withdrawals (includes mergers)	183,483			19,821
Redemption of mandatorily redeemable capital stock:
Withdrawals	—			(30		)
Other redemptions ⁽¹⁾	(41,028		)	(5,929		)
Balance, end of the period	$	188,128		$	48,077

Note:

⁽¹⁾ Reflects the impact on mandatorily redeemable capital stock related to partial excess capital stock repurchases.

Schedule of Mandatorily Redeemable Capital Stock by Maturity Date [Table Text Block]

The following table shows the amount of mandatorily redeemable capital stock by contractual year of redemption at September 30, 2012 and December 31, 2011.



(in thousands)	September 30, 2012		December 31, 2011
Due in 1 year or less	$	58	$	—
Due after 1 year through 2 years	2,673		71
Due after 2 years through 3 years	19,749		3,276
Due after 3 years through 4 years	14,795		25,038
Due after 4 years through 5 years	150,853		17,288
Total	$	188,128	$	45,673

- Definition

Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity.

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