Balance Sheet Offsetting (Tables)

9 Months Ended

Sep. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Financial Instruments Eligible for Offset Consolidated Balance Sheet

Information about financial instruments that are eligible for offset in the consolidated balance sheet as of September 30, 2020 is presented in the following tables.

	Gross Amount Recognized		Gross Amount Offset		Net Amount Recognized
September 30, 2020
Financial assets:
Derivatives:
Loan/lease interest rate swaps and caps	$	1,197	$	—	$	1,197
Commodity swaps and options	19,650		—		19,650
Foreign currency forward contracts	—		—		—
Total derivatives	20,847		—		20,847
Resell agreements	20,000		—		20,000
Total	$	40,847	$	—	$	40,847
Financial liabilities:
Derivatives:
Loan/lease interest rate swaps	$	37,142	$	—	$	37,142
Commodity swaps and options	15,011		—		15,011
Foreign currency forward contracts	—		—		—
Total derivatives	52,153		—		52,153
Repurchase agreements	1,574,367		—		1,574,367
Total	$	1,626,520	$	—	$	1,626,520

Information about financial instruments that are eligible for offset in the consolidated balance sheet as of December 31, 2019 is presented in the following tables.

	Gross Amount Recognized		Gross Amount Offset		Net Amount Recognized
December 31, 2019
Financial assets:
Derivatives:
Loan/lease interest rate swaps and caps	$	339	$	—	$	339
Commodity swaps and options	4,927		—		4,927
Total derivatives	5,266		—		5,266
Resell agreements	31,299		—		31,299
Total	$	36,565	$	—	$	36,565
Financial liabilities:
Derivatives:
Loan/lease interest rate swaps	$	19,621	$	—	$	19,621
Commodity swaps and options	6,986		—		6,986
Foreign currency forward contracts	33		—		33
Total derivatives	26,640		—		26,640
Repurchase agreements	1,668,142		—		1,668,142
Total	$	1,694,782	$	—	$	1,694,782

Financial Instruments Derivative Assets Liabilities and Resell Agreements Net of Amount Not Offset

			Gross Amounts Not Offset
	Net Amount Recognized		Financial Instruments		Collateral		Net Amount
September 30, 2020
Financial assets:
Derivatives:
Counterparty A	$	8	$	(8)	$	—	$	—
Counterparty B	5,996		(5,996)		—		—
Other counterparties	14,843		(14,510)		(327)		6
Total derivatives	20,847		(20,514)		(327)		6
Resell agreements	20,000		—		(20,000)		—
Total	$	40,847	$	(20,514)	$	(20,327)	$	6
Financial liabilities:
Derivatives:
Counterparty A	$	7,178	$	(8)	$	(7,170)	$	—
Counterparty B	14,386		(5,996)		(8,210)		180
Counterparty C	94		—		(94)		—
Other counterparties	30,495		(14,510)		(13,971)		2,014
Total derivatives	52,153		(20,514)		(29,445)		2,194
Repurchase agreements	1,574,367		—		(1,574,367)		—
Total	$	1,626,520	$	(20,514)	$	(1,603,812)	$	2,194

			Gross Amounts Not Offset
	Net Amount Recognized		Financial Instruments		Collateral		Net Amount
December 31, 2019
Financial assets:
Derivatives:
Counterparty A	$	39	$	(39)	$	—	$	—
Counterparty B	1,650		(1,650)		—		—
Counterparty C	1		(1)		—		—
Other counterparties	3,576		(3,546)		—		30
Total derivatives	5,266		(5,236)		—		30
Resell agreements	31,299		—		(31,299)		—
Total	$	36,565	$	(5,236)	$	(31,299)	$	30
Financial liabilities:
Derivatives:
Counterparty A	$	5,192	$	(39)	$	(5,153)	$	—
Counterparty B	7,424		(1,650)		(5,774)		—
Counterparty C	135		(1)		(134)		—
Other counterparties	13,889		(3,546)		(10,343)		—
Total derivatives	26,640		(5,236)		(21,404)		—
Repurchase agreements	1,668,142		—		(1,668,142)		—
Total	$	1,694,782	$	(5,236)	$	(1,689,546)	$	—

Remaining Contractual Maturity of the Securities Sold Under Agreement [Table Text Block]

The remaining contractual maturity of repurchase agreements in the consolidated balance sheets as of September 30, 2020 and December 31, 2019 is presented in the following tables.

	Remaining Contractual Maturity of the Agreements
	Overnight and Continuous		Up to 30 Days		30-90 Days		Greater than 90 Days		Total
September 30, 2020
Repurchase agreements:
U.S. Treasury	$	99,365	$	—	$	—	$	—	$	99,365
Residential mortgage-backed securities	1,475,002		—		—		—		1,475,002
Total borrowings	$	1,574,367	$	—	$	—	$	—	$	1,574,367
Gross amount of recognized liabilities for repurchase agreements									$	1,574,367
Amounts related to agreements not included in offsetting disclosures above									$	—
December 31, 2019
Repurchase agreements:
U.S. Treasury	$	435,904	$	—	$	—	$	—	$	435,904
Residential mortgage-backed securities	1,232,238		—		—		—		1,232,238
Total borrowings	$	1,668,142	$	—	$	—	$	—	$	1,668,142
Gross amount of recognized liabilities for repurchase agreements									$	1,668,142
Amounts related to agreements not included in offsetting disclosures above									$	—