XML 16 R39.htm IDEA: XBRL DOCUMENT v2.4.0.6
Available-for-Sale and Held-to-Maturity Securities (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2011
Dec. 31, 2011
Available-for-Sale and Held-to-Maturity Securities    
Schedule of Amortized Cost and Fair Values of the Available for Sale Securities and Held to Maturity Securities  

Septemeber 30, 2011

 

 

 

Amortized
cost

 

Gross unrealized
gains (1)

 

Gross unrealized losses (1)

 

Estimated
fair value

 

Available-for-sale

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government Securities

 

$ 

 905

 

$ 

 0

 

$ 

 (1

) 

$ 

 904

 

State and municipal securities

 

 

79,714

 

 

4,490

 

 

(192

)

 

84,012

 

Mortgage-backed securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Agency

 

 

495,524

 

 

12,021

 

 

(637

)

 

506,767

 

Commercial

 

 

266,643

 

 

1,102

 

 

(1,820

)

 

265,925

 

Non-agency

 

 

19,125

 

 

117

 

 

(985

)

 

18,257

 

Corporate fixed income securities

 

 

412,433

 

 

1,834

 

 

(4,450

)

 

409,817

 

Asset-backed securities

 

 

26,677

 

 

553

 

 

(128

)

 

27,102

 

 

 

$

1,301,021

 

$

20,117

 

$

(8,354

)

$

1,312,784

 

Held-to-maturity (2)

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate fixed income securities

 

$

55,569

 

$

55

 

$

(2,206

) 

$

53,418

 

Asset-backed securities

 

 

82,224

 

 

2,734

 

 

(3,235

)

 

81,723

 

Municipal auction rate securities

 

 

21,339

 

 

955

 

 

(350

) 

 

21,944

 

 

 

$

159,132

 

$

3,744

 

$

(5,791

)

$

157,085

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2010

 

 

 

Amortized
cost

 

Gross unrealized
gains (1)

 

Gross unrealized losses (1)

 

Estimated
fair value

 

Available-for-sale

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. government securities

 

$

24,972

 

$

58

 

$

0

 

$

25,030

 

State and municipal securities

 

 

26,678

 

 

727

 

 

(1,062

)

 

26,343

 

Mortgage-backed securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Agency

 

 

692,922

 

 

6,938

 

 

(2,697

)

 

697,163

 

Commercial

 

 

66,912

 

 

1,212

 

 

(128

)

 

67,996

 

Non-agency

 

 

29,319

 

 

744

 

 

(790

)

 

29,273

 

Corporate fixed income securities

 

 

153,523

 

 

1,705

 

 

(327

)

 

154,901

 

Asset-backed securities

 

 

11,331

 

 

677

 

 

0

 

 

12,008

 

 

 

$

1,005,657

 

$

12,061

 

$

(5,004

)

$

1,012,714

 

Held-to-maturity (2)

 

 

 

 

 

 

 

 

 

 

 

 

 

Municipal auction rate securities

 

$

43,719

 

$

3,803

 

$

(171

)

$

47,351

 

Asset-backed securities

 

 

8,921

 

 

198

 

 

(3,486

)

 

5,633

 

 

 

$

52,640

 

$

4,001

 

$

(3,657

)

$

52,984

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)  Unrealized gains/(losses) related to available-for-sale securities are reported in accumulated other comprehensive income/(loss).

(2)  Held-to-maturity securities are carried in the consolidated statements of financial condition at amortized cost, and the changes in the value of these securities, other than impairment charges, are not reported on the consolidated financial statements.
Schedule of Gross Unrealized Losses and the Estimated Fair Value by Length of Time
 
December 31, 2011
  
 
Amortized
cost
  
Gross unrealized
gains (1)
  
Gross unrealized losses (1)
  
Estimated
fair value
  
Available-for-sale
                
U.S. government securities
 $ 1,105   $ —   $ (2 ) $ 1,103  
State and municipal securities
   82,256     4,979     (303 )   86,932  
Mortgage-backed securities:
                        
Agency
   396,952     8,469     (759 )   404,662  
Commercial
   270,677     1,811     (978 )   271,510  
Non-agency
   17,701     135     (376 )   17,460  
Corporate fixed income securities
   409,503     2,108     (5,626 )   405,985  
Asset-backed securities
   26,011     548     (70 )   26,489  
  $ 1,204,205   $ 18,050   $ (8,114 ) $ 1,214,141  
Held-to-maturity (2)
                        
Asset-backed securities
 $ 122,148   $ 2,953   $ (3,138 ) $ 121,963  
Corporate fixed income securities
   55,544     56     (2,016 )   53,584  
Municipal auction rate securities
   12,792     733     (1 )   13,524  
  $ 190,484   $ 3,742   $ (5,155 ) $ 189,071  
                         
 
December 31, 2010
  
 
Amortized
cost
  
Gross unrealized
gains (1)
  
Gross unrealized losses (1)
  
Estimated
fair value
  
Available-for-sale
                        
U.S. government securities
 $ 24,972   $ 58   $ —   $ 25,030  
State and municipal securities
   26,678     727     (1,062 )   26,343  
Mortgage-backed securities:
                        
Agency
   692,922     6,938     (2,697 )   697,163  
Commercial
   66,912     1,212     (128 )   67,996  
Non-agency
   29,319     744     (790 )   29,273  
Corporate fixed income securities
   153,523     1,705     (327 )   154,901  
Asset-backed securities
   11,331     677     —     12,008  
  $ 1,005,657   $ 12,061   $ (5,004 ) $ 1,012,714  
Held-to-maturity (2)
                        
Municipal auction rate securities
 $ 43,719   $ 3,803   $ (171 ) $ 47,351  
Asset-backed securities
   8,921     198     (3,486 )   5,633  
  $ 52,640   $ 4,001   $ (3,657 ) $ 52,984