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Note 2: Investments in Debt and Equity Securities: Credit Losses Recognized On Investments Policy (Policies)
12 Months Ended
Dec. 31, 2012
Policies  
Credit Losses Recognized On Investments Policy

Credit Losses Recognized on Investments

 

Certain debt securities have experienced fair value deterioration due to credit losses, as well as due to other market factors, but are not otherwise other-than-temporarily impaired. 

 

The following table provides information about debt securities for which only a credit loss was recognized in income and other losses are recorded in other comprehensive income.

 

 

 

Accumulated Credit Losses

 

2012

 

2011

(In Thousands)

 

 

 

Credit losses on debt securities held

 

 

 

  Beginning of year

$3,598

 

$2,983

    Additions related to other-than-temporary losses

 

 

 

      not previously recognized

--

 

--

    Additions related to increases in credit losses on debt

 

 

 

      securities for which other-than-temporary

 

 

 

      impairment losses were previously recognized

680

 

615

    Reductions due to sales

(102)

 

--

  End of year

$4,176

 

$3,598