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Off-Balance Sheet Arrangements, Guarantees and Other Commitments (Tables)
3 Months Ended
Mar. 31, 2015
Disclosure Off Balance Sheet Arrangements Guarantees And Other Commitments Additional Information [Abstract]  
Summary Information Related to Commitments to Extend Credit (Excluding Letters of Credit)
The following table summarizes information related to our commitments to extend credit at March 31, 2015 and December 31, 2014:
(Dollars in thousands)
 
March 31,
2015
 
December 31,
2014
Loan commitments available for funding: (1)
 
 
 
 
Fixed interest rate commitments
 
$
1,611,025

 
$
1,591,408

Variable interest rate commitments
 
12,618,196

 
11,860,039

Total loan commitments available for funding
 
14,229,221

 
13,451,447

Commercial and standby letters of credit (2)
 
1,256,293

 
1,254,338

Total unfunded credit commitments
 
$
15,485,514

 
$
14,705,785

Commitments unavailable for funding (3)
 
$
1,920,937

 
$
1,868,489

Maximum lending limits for accounts receivable factoring arrangements (4)
 
1,120,763

 
1,044,548

Reserve for unfunded credit commitments (5)
 
38,628

 
36,419

 
 
(1)
Represents commitments which are available for funding, due to clients meeting all collateral, compliance and financial covenants required under loan commitment agreements.
(2)
See below for additional information on our commercial and standby letters of credit.
(3)
Represents commitments which are currently unavailable for funding, due to clients failing to meet all collateral, compliance and financial covenants under loan commitment agreements.
(4)
We extend credit under accounts receivable factoring arrangements when our clients’ sales invoices are deemed creditworthy under existing underwriting practices.
(5)
Our reserve for unfunded credit commitments includes an allowance for both our unfunded loan commitments and our letters of credit.
Summary of Commercial and Standby Letters of Credit
The table below summarizes our commercial and standby letters of credit at March 31, 2015. The maximum potential amount of future payments represents the amount that could be remitted under letters of credit if there were a total default by the guaranteed parties, without consideration of possible recoveries under recourse provisions or from the collateral held or pledged.
(Dollars in thousands)
 
Expires In One
Year or Less
 
Expires After
One Year
 
Total Amount
Outstanding
 
Maximum Amount
of Future Payments
Financial standby letters of credit
 
$
1,137,234

 
$
57,997

 
$
1,195,231

 
$
1,195,231

Performance standby letters of credit
 
45,105

 
6,550

 
51,655

 
51,655

Commercial letters of credit
 
9,407

 

 
9,407

 
9,407

Total
 
$
1,191,746

 
$
64,547

 
$
1,256,293

 
$
1,256,293

Total Capital Commitments, Unfunded Capital Commitments, and Ownership in Each Fund
The following table details our total capital commitments, unfunded capital commitments, and our ownership percentage in each fund at March 31, 2015:
 Our Ownership in Venture Capital and Private Equity Funds
 (Dollars in thousands)
 
SVBFG Capital Commitments    
 
SVBFG Unfunded    
Commitments
 
SVBFG Ownership  
of each Fund (4)
Silicon Valley BancVentures, LP
 
$
6,000

 
$
270

 
10.7
%
SVB Capital Partners II, LP (1)
 
1,200

 
162

 
5.1

Capital Partners III, LP
 

 

 

SVB Capital Shanghai Yangpu Venture Capital Fund
 
935

 

 
6.8

SVB Strategic Investors Fund, LP
 
15,300

 
688

 
12.6

SVB Strategic Investors Fund II, LP
 
15,000

 
1,050

 
8.6

SVB Strategic Investors Fund III, LP
 
15,000

 
1,275

 
5.9

SVB Strategic Investors Fund IV, LP
 
12,239

 
2,325

 
5.0

Strategic Investors Fund V Funds
 
515

 
178

 
Various

Strategic Investors Fund VI Funds
 

 

 

Strategic Investors Fund VII Funds
 

 

 

SVB Capital Preferred Return Fund, LP
 
12,688

 

 
20.0

SVB Capital—NT Growth Partners, LP
 
24,670

 
1,340

 
33.0

Other private equity fund (2)
 
9,338

 

 
58.2

Partners for Growth, LP
 
25,000

 
9,750

 
50.0

Debt funds (equity method accounting)
 
63,134

 
4,950

 
Various

Other fund investments (3)
 
301,172

 
19,268

 
Various  

Total
 
$
502,191

 
$
41,256

 
 
 
 
(1)
Our ownership includes direct ownership of 1.3 percent and indirect ownership interest of 3.8 percent through our investment in SVB Strategic Investors Fund II, LP.
(2)
Our ownership includes direct ownership of 41.5 percent and indirect ownership interests of 12.6 percent and 4.1 percent in the fund through our ownership interest of SVB Capital - NT Growth Partners, LP and SVB Capital Preferred Return Fund, LP, respectively.
(3)
Represents commitments to 283 funds (primarily venture capital funds) where our ownership interest is generally less than 5 percent of the voting interests of each such fund.
(4)
We are subject to the Volcker Rule, which restricts or limits us from sponsoring or having ownership interests in “covered” funds including venture capital and private equity funds. See “Business - Supervision and Regulation” under Item 1 of Part I of our 2014 Form 10-K.
Remaining Unfunded Commitments to Venture Capital or Private Equity Funds by Consolidated Managed Funds
The following table details the amounts of remaining unfunded commitments to venture capital and private equity funds by our consolidated managed funds of funds (including our interest and the noncontrolling interests) at March 31, 2015:
 Limited Partnership
 (Dollars in thousands)
 
Unfunded
    Commitments    
SVB Strategic Investors Fund, LP
 
$
2,250

SVB Strategic Investors Fund II, LP
 
5,021

SVB Strategic Investors Fund III, LP
 
11,237

SVB Strategic Investors Fund IV, LP
 
32,730

Strategic Investors Fund V Funds
 
123,888

Strategic Investors Fund VI Funds
 
219,750

Strategic Investors Fund VII Funds
 
153,919

SVB Capital Preferred Return Fund, LP
 
4,448

SVB Capital—NT Growth Partners, LP
 
4,672

Other private equity fund
 
77

Total
 
$
557,992