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Note 6 - Investment Securities (Tables)
9 Months Ended
Sep. 30, 2016
Notes Tables  
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]
 
 
September 30, 2016
 
 
 
 
 
 
 
Gross
 
 
Gross
 
 
 
 
 
 
 
Amortized
 
 
Unrealized
 
 
Unrealized
 
 
 
 
 
 
 
Cost
 
 
Gains
 
 
Losses
 
 
Fair Value
 
 
 
(In thousands)
 
Securities Available-for-Sale
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. treasury securities
  $ 389,921     $ 112     $ 24     $ 390,009  
U.S. government sponsored entities
    250,000       79       69       250,010  
Mortgage-backed securities
    556,454       7,186       2       563,638  
Collateralized mortgage obligations
    52       -       22       30  
Corporate debt securities
    74,962       444       937       74,469  
Mutual funds
    6,000       -       74       5,926  
Preferred stock of government sponsored entities
    2,811       565       188       3,188  
Other equity securities
    3,608       7,591       -       11,199  
                                 
Total
  $ 1,283,808     $ 15,977     $ 1,316     $ 1,298,469  
 
 
December 31, 2015
 
 
 
 
 
 
 
Gross
 
 
Gross
 
 
 
 
 
 
 
Amortized
 
 
Unrealized
 
 
Unrealized
 
 
 
 
 
 
 
Cost
 
 
Gains
 
 
Losses
 
 
Fair Value
 
 
 
(In thousands)
 
Securities Available-for-Sale
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. treasury securities
  $ 284,678     $ 5     $ 395     $ 284,288  
U.S. government sponsored entities
    150,000       -       1,840       148,160  
Mortgage-backed securities
    1,073,108       560       11,399       1,062,269  
Collateralized mortgage obligations
    63       -       27       36  
Corporate debt securities
    74,955       425       1,525       73,855  
Mutual funds
    6,000       -       167       5,833  
Preferred stock of government sponsored entities
    2,811       633       228       3,216  
Other equity securities
    4,108       4,929       342       8,695  
Total
  $ 1,595,723     $ 6,552     $ 15,923     $ 1,586,352  
Investments Classified by Contractual Maturity Date [Table Text Block]
 
 
Securities Available-For-Sale
 
 
 
Amortized cost
 
 
Fair value
 
 
 
(In thousands)
 
Due in one year or less
  $ 289,859     $ 289,923  
Due after one year through five years
    353,931       353,682  
Due after five years through ten years
    75,117       75,076  
Due after ten years
(1)
    564,901       579,788  
Total
  $ 1,283,808     $ 1,298,469  
Schedule of Unrealized Loss on Investments [Table Text Block]
 
 
September 30, 2016
 
 
 
Temporarily impaired securities
 
                                                 
 
 
Less than 12 months
 
 
12 months or longer
 
 
Total
 
 
 
Fair
 
 
Unrealized
 
 
Fair
 
 
Unrealized
 
 
Fair
 
 
Unrealized
 
 
 
Value
 
 
Losses
 
 
Value
 
 
Losses
 
 
Value
 
 
Losses
 
 
 
(in thousands)
 
                                                 
Securities Available-for-Sale
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. treasury securities
  $ 149,983     $ 24     $ -     $ -     $ 149,983     $ 24  
U.S. government sponsored entities
    149,931       69       -       -       149,931       69  
Mortgage-backed securities
    44       1       265       1       309       2  
Collateralized mortgage obligations
    -       -       30       22       30       22  
Corporate debt securities
    -       -       54,063       937       54,063       937  
Mutual funds
    -       -       5,926       74       5,926       74  
Preferred stock of government sponsored entities
    2,528       188       -       -       2,528       188  
                                                 
Total
  $ 302,486     $ 282     $ 60,284     $ 1,034     $ 362,770     $ 1,316  
 
 
December 31, 2015
 
 
 
Temporarily impaired securities
 
                                                 
 
 
Less than 12 months
 
 
12 months or longer
 
 
Total
 
 
 
Fair
 
 
Unrealized
 
 
Fair
 
 
Unrealized
 
 
Fair
 
 
Unrealized
 
 
 
Value
 
 
Losses
 
 
Value
 
 
Losses
 
 
Value
 
 
Losses
 
 
 
(in thousands)
 
                                                 
Securities Available-for-Sale
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. treasury securities
  $ 224,289     $ 395     $ -     $ -     $ 224,289     $ 395  
U.S. government sponsored entities
    148,160       1,840       -       -       148,160       1,840  
Mortgage-backed securities
    1,025,342       11,398       6       1       1,025,348       11,399  
Collateralized mortgage obligations
    -       -       36       27       36       27  
Corporate debt securities
    9,950       50       43,525       1,475       53,475       1,525  
Mutual funds
    -       -       5,833       167       5,833       167  
Preferred stock of government sponsored entities
    2,488       228       -       -       2,488       228  
Other equity securities
    158       342       -       -       158       342  
Total
  $ 1,410,387     $ 14,253     $ 49,400     $ 1,670     $ 1,459,787     $ 15,923