REPURCHASE AGREEMENTS AND OTHER BORROWINGS (Tables)

3 Months Ended

Mar. 31, 2018

Disclosure of Repurchase Agreements [Abstract]

Schedule of repurchase agreements and remaining maturities

As of March 31, 2018 and 2017, the Company’s repurchase agreements had remaining maturities as summarized below:

($ in thousands)
		OVERNIGHT		BETWEEN 2		BETWEEN 31			GREATER
		(1 DAY OR		AND		AND			THAN
		LESS)		30 DAYS		90 DAYS			90 DAYS		TOTAL
March 31, 2018
Fair market value of securities pledged, including
	accrued interest receivable	$	-	$	2,263,087	$	1,096,463	$	459,040	$	3,818,590
Repurchase agreement liabilities associated with
	these securities	$	-	$	2,127,683	$	1,038,162	$	453,435	$	3,619,280
Net weighted average borrowing rate			-		1.91%		1.88%		1.57%		1.86%
December 31, 2017
Fair market value of securities pledged, including
	accrued interest receivable	$	-	$	1,983,958	$	1,266,590	$	475,975	$	3,726,523
Repurchase agreement liabilities associated with
	these securities	$	-	$	1,871,833	$	1,208,518	$	453,435	$	3,533,786
Net weighted average borrowing rate			-		1.53%		1.53%		1.57%		1.54%