Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2021

The changes in the components of other comprehensive income (loss) are reported net of the effects of income taxes of 21% as of the three and six months ended June 30, 2021 and 2020, as indicated below.


Three Months Ended June 30,	2021				2020
(In thousands)	Amount		Tax Effect	Total	Amount	Tax Effect	Total
Unrealized gains (losses):
Unrealized holding gains (losses) arising during the period	$	53,234	(3,418)	49,816	80,386	(5,766)	74,620
Reclassification adjustment for (gains) losses included in net income	46		(10)	36	(87)	18	(69)
Effects on deferred policy acquisition costs	(21,492)		3,777	(17,715)	(526)	110	(416)
Effects on cost of insurance acquired	8		(2)	6	(228)	48	(180)
Effects on unearned revenue reserves	6		(1)	5	876	(184)	692
Other comprehensive income (loss)	$	31,802	346	32,148	80,421	(5,774)	74,647


Six Months Ended June 30,	2021				2020
(In thousands)	Amount		Tax Effect	Total	Amount	Tax Effect	Total
Unrealized gains (losses):
Unrealized holding gains (losses) arising during the period	$	(26,188)	1,955	(24,233)	37,480	(3,016)	34,464
Reclassification adjustment for (gains) losses included in net income	11		(3)	8	45	(10)	35
Effects on deferred policy acquisition costs	3,706		(2,540)	1,166	(315)	66	(249)
Effects on cost of insurance acquired	277		(58)	219	(113)	24	(89)
Effects on unearned revenue reserves	(1,937)		407	(1,530)	527	(111)	416
Other comprehensive income (loss)	$	(24,131)	(239)	(24,370)	37,624	(3,047)	34,577