Available-For-Sale And Held-To-Maturity Securities (Tables)

6 Months Ended

Jun. 30, 2012

Available-For-Sale And Held-To-Maturity Securities [Abstract]

Schedule Of Amortized Cost And Fair Values Of The Available For Sale Securities And Held To Maturity Securities

	June 30, 2012
	Amortized Cost		Gross unrealized gains (1)		Gross unrealized losses (1)		Estimated fair value
Available-for-sale securities:
U.S. government agency securities	$	1,116	$	-	$	(1)	$	1,115
State and municipal securities		114,276		5,926		(599)		119,603
Mortgage-backed securities:								-
Agency		403,553		7,724		-		411,277
Commercial		281,191		3,633		(999)		283,825
Non-agency		15,152		256		-		15,408
Corporate fixed income securities		469,917		3,805		(2,741)		470,981
Asset-backed securities		27,145		477		(472)		27,150
	$	1,312,350	$	21,821	$	(4,812)	$	1,329,359
Held-to-maturity securities (2)
Asset-backed securities	$	443,495	$	7,395	$	(3,298)	$	447,592
Corporate fixed income securities		55,495		58		(1,808)		53,745
Municipal auction rate securities		22,388		1,500		(17)		23,871
	$	521,378	$	8,953	$	(5,123)	$	525,208

	December 31, 2011
	Amortized Cost		Gross unrealized gains (1)		Gross unrealized losses (1)		Estimated fair value
Available-for-sale securities:
U.S. government agency 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 securities (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

⁽¹⁾Unrealized gains/(losses) related to available-for-sale securities are reported in accumulated other comprehensive 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 Amortized Cost And Fair Values Of Debt Securities By Contractual Maturity

	June 30, 2012
	Available-for-sale securities				Held-to-maturity securities
	Amortized Cost		Estimated fair value		Amortized Cost		Estimated fair value
Debt securities
Within one year	$	81,583	$	81,942	$	-	$	-
After one year through three years		294,073		296,928		-		-
After three years through five years		104,097		101,828		34,988		34,222
After five years through ten years		5,600		6,227		201,419		200,480
After ten years		127,101		131,924		284,971		290,506
Mortgage-backed securities
After one year through three years		9,469		9,922		-		-
After three years through five years		407		419		-		-
After five years through ten years		16,280		16,640		-		-
After ten years		673,740		683,529		-		-
	$	1,312,350	$	1,329,359	$	521,378	$	525,208

Schedule Of Gross Unrealized Losses And The Estimated Fair Value By Length Of Time

	Less than 12 months				12 months or more				Total
	Gross unrealized losses		Estimated fair value		Gross unrealized losses		Estimated fair value		Gross unrealized losses		Estimated fair value
Available-for-sale securities
U.S. government securities	$	(1)	$	109	$	-	$	-	$	(1)	$	109
State and municipal securities		(599)		32,562		-		-		(599)		32,562
Mortgage-backed securities:										-		-
Agency		-		-		-		-		-		-
Commercial		(997)		82,876		(2)		560		(999)		83,436
Non-agency		-		-		-		-		-		-
Corporate fixed income securities		(1,510)		108,235		(1,231)		28,752		(2,741)		136,987
Asset-backed securities		(472)		17,289		-		-		(472)		17,289
	$	(3,579)	$	241,071	$	(1,233)	$	29,312	$	(4,812)	$	270,383