Total Comprehensive Income

9 Months Ended

Sep. 30, 2012

Total Comprehensive Income [Abstract]

Total Comprehensive Income

Note L – Total Comprehensive Income

The following table sets forth the computation of total comprehensive income:

		Three months ended September 30,				Nine months ended September 30,
(In thousands)		2012		2011		2012		2011
Net income	$	10,607	$	11,577	$	28,049	$	31,024
Other comprehensive income:
Unrealized security gains/(losses) arising during the period		3,847		(1,122)		6,637		3,550
Reclassification adjustment for gains included in income		(458)		(272)		(954)		(3,401)
		3,389		(1,394)		5,683		149
Unrealized loss on interest rate floors		-		-		-		(477)
Other comprehensive income (loss) before income taxes		3,389		(1,394)		5,683		(328)
Tax effect		(1,277)		531		(2,141)		124
Other comprehensive income (loss)		2,112		(863)		3,542		(204)
Total comprehensive income	$	12,719	$	10,714	$	31,591	$	30,820