XML 39 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8
Derivatives and Hedging Activities (Tables)
3 Months Ended
Dec. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value and Balance Sheet Classification
Although management is not aware of any factors that would materially affect the estimated fair value amounts presented below, such amounts have not been comprehensively revalued for purposes of these financial statements since the dates shown, and therefore, estimates of fair value subsequent to those dates may differ significantly from the amounts presented below.
 
 
 
 
 
December 31, 2013
 
September 30, 2013
 
 
Level in Fair Value Hierarchy
 
Carrying
Amount
 
Estimated
Fair Value
 
Carrying
Amount
 
Estimated
Fair Value
 
 
 
 
(In thousands)
Financial assets
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
1
 
$
967,348

 
$
967,348

 
$
203,563

 
$
203,563

Available-for-sale securities
 
 
 
 
 
 
 
 
 
 
Equity securities
 
1
 
100,749

 
100,749

 
101,237

 
101,237

Obligations of U.S. government
 
2
 
631,326

 
631,326

 
533,975

 
533,975

Obligations of states and political subdivisions
 
2
 
22,640

 
22,640

 
22,545

 
22,545

Corporate debt securities
 
2
 
450,113

 
450,113

 
452,015

 
452,015

Mortgage-backed securities
 
 
 
 
 
 
 
 
 
 
Agency pass-through certificates
 
2
 
1,633,676

 
1,633,676

 
1,251,176

 
1,251,176

Total available-for-sale securities
 
 
 
2,838,504

 
2,838,504

 
2,360,948

 
2,360,948

Held-to-maturity securities
 
2
 
 
 
 
 
 
 
 
Total held-to-maturity securities
 
 
 
1,630,936

 
1,521,390

 
1,654,666

 
1,582,849

 
 
 
 
 
 
 
 
 
 
 
Loans receivable
 
3
 
7,651,558

 
8,174,920

 
7,528,030

 
8,070,279

Covered loans
 
3
 
252,693

 
255,885

 
295,947

 
300,610

FDIC indemnification asset
 
3
 
57,818

 
56,848

 
64,615

 
62,300

FHLB stock
 
2
 
171,480

 
171,480

 
173,009

 
173,009

 
 
 
 
 
 
 
 
 
 
 
Financial liabilities
 
 
 
 
 
 
 
 
 
 
Customer accounts
 
2
 
10,402,726

 
9,728,207

 
9,090,271

 
8,585,068

FHLB advances and other borrowings
 
2
 
1,930,000

 
2,053,910

 
1,930,000

 
2,064,248

The following table presents the fair value and balance sheet classification of derivatives not designated as hedging instruments at December 31, 2013 and September 30, 2013:
 
 
Asset Derivatives
 
Liability Derivatives
 
 
December 31, 2013
 
September 30, 2013
 
December 31, 2013
 
September 30, 2013
 
 
Balance Sheet
 
 
 
Balance Sheet
 
 
 
Balance Sheet
 
 
 
Balance Sheet
 
 
 
 
Location
 
Fair Value
 
Location
 
Fair Value
 
Location
 
Fair Value
 
Location
 
Fair Value
 
 
(In thousands)
Interest rate contracts
 
Other assets
 
$
406

 
Other assets
 
$
7

 
Other liabilities
 
$
406

 
Other liabilities
 
$
7

Commitments to purchase MBS
 
AFS securities
 

 
AFS securities
 
$
3,188

 
N/A
 
N/A
 
N/A
 
N/A