REPURCHASE AGREEMENTS AND OTHER BORROWINGS (Tables)

3 Months Ended

Mar. 31, 2019

Disclosure of Repurchase Agreements [Abstract]

Schedule of repurchase agreements and remaining maturities

As of March 31, 2019 and 2018, 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, 2019
Fair market value of securities pledged, including
	accrued interest receivable	$	85,828	$	1,109,913	$	1,845,628	$	-	$	3,041,369
Repurchase agreement liabilities associated with
	these securities	$	82,642	$	1,038,199	$	1,745,897	$	-	$	2,866,738
Net weighted average borrowing rate			2.85%		2.73%		2.67%		-		2.70%
December 31, 2018
Fair market value of securities pledged, including
	accrued interest receivable	$	-	$	1,720,804	$	1,493,565	$	-	$	3,214,369
Repurchase agreement liabilities associated with
	these securities	$	-	$	1,611,185	$	1,413,867	$	-	$	3,025,052
Net weighted average borrowing rate			-		2.72%		2.57%		-		2.65%