NYCB 2017 Annual Report

128 The following tables present assets and liabilities that were measured at fair value on a recurring basis as of December 31, 2017 and 2016, and that were included in the Company’s Consolidated Statements of Condition at those dates: Fair Value Measurements at December 31, 2017 (in thousands) Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Netting Adjustments (1) Total Fair Value Assets: Mortgage-Related Securities Available for Sale: GSE certificates $ -- $2,068,842 $ -- $ -- $2,068,842 GES CMOs 549,904 549,904 Total mortgage-related securities $ -- $2,618,746 $ -- $ -- $2,618,746 Other Securities Available for Sale: U. S. Treasury Obligations $199,898 $ -- $ -- $ -- $ 199,898 GSE debentures -- 473,258 -- -- 473,258 Corporate bonds -- 90,775 -- -- 90,775 Municipal bonds -- 70,120 -- -- 70,120 Capital trust notes -- 46,096 -- -- 46,096 Preferred stock 15,434 -- -- -- 15,434 Mutual funds and common stock -- 17,100 -- -- 17,100 Total other securities $215,332 $ 697,349 $ -- $ -- $ 912,681 Total securities available for sale $215,332 $3,316,095 $ -- $ -- $3,531,427 Other Assets: Loans held for sale $ -- $ 35,258 $ -- $ -- $ 35,258 Mortgage servicing rights -- -- 2,729 -- 2,729