Fair Value Measurement (Tables)

9 Months Ended

Feb. 28, 2014

Fair Value Measurement

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table presents our assets and liabilities that are measured at fair value on a recurring basis:

	February 28, 2014				May 31, 2013
(Dollars in thousands)	Level 1		Level 2		Level 1		Level 2
Derivative assets	$	-	$	261,598	$	-	$	257,878
Derivative liabilities		-		380,518		-		475,278
Investments in common and preferred stock		28,702		-		31,632		-
Deferred compensation investments		4,035		-		3,716		-

Fair Value Measurements, Nonrecurring

The following table provides the carrying/fair value of the related individual assets at February 28, 2014 and May 31, 2013:

	Level 3 Fair Value
(Dollars in thousands)	February 28,  2014		May 31,  2013
Nonperforming loans, net of specific reserves	$	10,331	$	12,070