Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2015

Off-Balance-Sheet Outstanding Loan Commitments and Letters of Credit

The following table sets forth the Company’s off-balance sheet commitments relating to outstanding loan commitments and letters of credit at December 31, 2015:

(in thousands)
Mortgage Loan Commitments:
Multi-family and commercial real estate	$	1,122,634
One-to-four family		394,912
Acquisition, development, and construction		311,062
Total mortgage loan commitments	$	1,828,608
Other loan commitments		1,003,216
Total loan commitments	$	2,831,824
Commercial, performance stand-by, and financial stand-by letters of credit		296,505
Total commitments	$	3,128,329

Projected Minimum Annual Rental Commitments, Exclusive of Taxes and Other Charges

The projected minimum annual rental commitments under these agreements, exclusive of taxes and other charges, are summarized as follows:

(in thousands)
2016	$	28,833
2017		26,222
2018		22,212
2019		19,319
2020 and thereafter		61,877
Total minimum future rentals	$	158,463

Guarantees and Indemnifications

The following table summarizes the Company’s guarantees and indemnifications at December 31, 2015:

(in thousands)	Expires Within One Year		Expires After One Year		Total Outstanding Amount		Maximum Potential Amount of Future Payments
Financial stand-by letters of credit	$	25,024	$	39,791	$	64,815	$	202,807
Performance stand-by letters of credit		9,537		—		9,537		9,526
Commercial letters of credit		5,917		209		6,126		84,172
Total letters of credit	$	40,478	$	40,000	$	80,478	$	296,505