Balance Sheet Offsetting (Tables)

9 Months Ended

Sep. 30, 2021

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, 2021 is presented in the following tables.

	Gross Amount Recognized		Gross Amount Offset		Net Amount Recognized
September 30, 2021
Financial assets:
Derivatives:
Loan/lease interest rate swaps and caps	$	3,556	$	—	$	3,556
Commodity swaps and options	24,583		—		24,583
Foreign currency forward contracts	2		—		2
Total derivatives	28,141		—		28,141
Resell agreements	7,903		—		7,903
Total	$	36,044	$	—	$	36,044
Financial liabilities:
Derivatives:
Loan/lease interest rate swaps and caps	$	22,933	$	—	$	22,933
Commodity swaps and options	201,499		—		201,499
Total derivatives	224,432		—		224,432
Repurchase agreements	2,200,029		—		2,200,029
Total	$	2,424,461	$	—	$	2,424,461

Information about financial instruments that are eligible for offset in the consolidated balance sheet as of December 31, 2020 is presented in the following tables.

	Gross Amount Recognized		Gross Amount Offset		Net Amount Recognized
December 31, 2020
Financial assets:
Derivatives:
Loan/lease interest rate swaps and caps	$	1,241	$	—	$	1,241
Commodity swaps and options	9,870		—		9,870
Total derivatives	11,111		—		11,111
Resell agreements	—		—		—
Total	$	11,111	$	—	$	11,111
Financial liabilities:
Derivatives:
Loan/lease interest rate swaps and caps	$	33,946	$	—	$	33,946
Commodity swaps and options	35,377		—		35,377
Total derivatives	69,323		—		69,323
Repurchase agreements	2,068,147		—		2,068,147
Total	$	2,137,470	$	—	$	2,137,470

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, 2021
Financial assets:
Derivatives:
Counterparty A	$	4	$	(4)	$	—	$	—
Counterparty B	12,537		(12,537)		—		—
Other counterparties	15,600		(15,600)		—		—
Total derivatives	28,141		(28,141)		—		—
Resell agreements	7,903		—		(7,903)		—
Total	$	36,044	$	(28,141)	$	(7,903)	$	—
Financial liabilities:
Derivatives:
Counterparty A	$	4,577	$	(4)	$	(4,573)	$	—
Counterparty B	77,110		(12,537)		(60,860)		3,713
Counterparty C	19		—		(19)		—
Other counterparties	142,726		(15,600)		(122,984)		4,142
Total derivatives	224,432		(28,141)		(188,436)		7,855
Repurchase agreements	2,200,029		—		(2,200,029)		—
Total	$	2,424,461	$	(28,141)	$	(2,388,465)	$	7,855

			Gross Amounts Not Offset
	Net Amount Recognized		Financial Instruments		Collateral		Net Amount
December 31, 2020
Financial assets:
Derivatives:
Counterparty A	$	2	$	(2)	$	—	$	—
Counterparty B	5,838		(5,838)		—		—
Other counterparties	5,271		(5,271)		—		—
Total derivatives	11,111		(11,111)		—		—
Resell agreements	—		—		—		—
Total	$	11,111	$	(11,111)	$	—	$	—
Financial liabilities:
Derivatives:
Counterparty A	$	6,430	$	(2)	$	(6,428)	$	—
Counterparty B	20,722		(5,838)		(14,700)		184
Counterparty C	71		—		(71)		—
Other counterparties	42,100		(5,271)		(35,832)		997
Total derivatives	69,323		(11,111)		(57,031)		1,181
Repurchase agreements	2,068,147		—		(2,068,147)		—
Total	$	2,137,470	$	(11,111)	$	(2,125,178)	$	1,181

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, 2021 and December 31, 2020 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, 2021
Repurchase agreements:
U.S. Treasury	$	1,122,968	$	—	$	—	$	—	$	1,122,968
Residential mortgage-backed securities	1,077,061		—		—		—		1,077,061
Total borrowings	$	2,200,029	$	—	$	—	$	—	$	2,200,029
Gross amount of recognized liabilities for repurchase agreements									$	2,200,029
Amounts related to agreements not included in offsetting disclosures above									$	—
December 31, 2020
Repurchase agreements:
U.S. Treasury	$	692,860	$	—	$	—	$	—	$	692,860
Residential mortgage-backed securities	1,375,287		—		—		—		1,375,287
Total borrowings	$	2,068,147	$	—	$	—	$	—	$	2,068,147
Gross amount of recognized liabilities for repurchase agreements									$	2,068,147
Amounts related to agreements not included in offsetting disclosures above									$	—