| Activity in Accumulated Other Comprehensive Income |
Activity in accumulated other comprehensive income for the three
months ended September 30, 2014 and 2013 was as follows:
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|
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|
|
|
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|
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|
|
|
|
|
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| |
|
Unrealized Gains
and Losses on
Available-for-Sale
Securities |
|
|
Unrealized Gains
and Losses on
Interest-Only
Strip |
|
|
Tax Benefit |
|
|
Total |
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| |
|
(In
thousands) |
|
|
For the three months ended September 30 2014:
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|
|
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|
|
|
|
|
|
Balance at beginning of period
|
|
$ |
(5,534 |
) |
|
$ |
17 |
|
|
$ |
3,367 |
|
|
$ |
(2,150 |
) |
|
Other comprehensive (loss) income before reclassification
|
|
|
(4,947 |
) |
|
|
(3 |
) |
|
|
2,102 |
|
|
|
(2,848 |
) |
|
Reclassification from accumulated other comprehensive income
|
|
|
(67 |
) |
|
|
— |
|
|
|
— |
|
|
|
(67 |
) |
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|
|
|
|
|
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|
|
|
|
|
|
|
|
|
|
Period change
|
|
|
(5,014 |
) |
|
|
(3 |
) |
|
|
2,102 |
|
|
|
(2,915 |
) |
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|
Balance at end of period
|
|
$ |
(10,548 |
) |
|
$ |
14 |
|
|
$ |
5,469 |
|
|
$ |
(5,065 |
) |
|
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|
|
|
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|
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|
For the three months ended September 30, 2013:
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at beginning of period
|
|
$ |
915 |
|
|
$ |
17 |
|
|
$ |
702 |
|
|
$ |
1,634 |
|
|
Other comprehensive (loss) income before reclassification
|
|
|
(10,020 |
) |
|
|
— |
|
|
|
4,528 |
|
|
|
(5,492 |
) |
|
Reclassification from accumulated other comprehensive income
|
|
|
(611 |
) |
|
|
— |
|
|
|
— |
|
|
|
(611 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Period change
|
|
|
(10,631 |
) |
|
|
— |
|
|
|
4,528 |
|
|
|
(6,103 |
) |
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|
|
|
|
|
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|
|
|
|
|
|
|
|
|
Balance at end of period
|
|
$ |
(9,716 |
) |
|
$ |
17 |
|
|
$ |
5,230 |
|
|
$ |
(4,469 |
) |
|
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|
|
|
|
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|
|
|
Activity in accumulated other comprehensive income for the nine
months ended September 30, 2014 and 2013 was as follows:
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Unrealized Gains
and Losses on
Available-for-Sale
Securities |
|
|
Unrealized Gains
and Losses on
Interest-Only
Strip |
|
|
Tax Benefit
(Expense)
|
|
|
Total |
|
| |
|
(In
thousands) |
|
|
For the nine months ended September 30 2014:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at beginning of period
|
|
$ |
(18,187 |
) |
|
$ |
16 |
|
|
$ |
8,791 |
|
|
$ |
(9,380 |
) |
|
Other comprehensive income (loss) before reclassification
|
|
|
9,491 |
|
|
|
(2 |
) |
|
|
(3,322 |
) |
|
|
6,167 |
|
|
Reclassification from accumulated other comprehensive income
|
|
|
(1,852 |
) |
|
|
— |
|
|
|
— |
|
|
|
(1,852 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Period change
|
|
|
7,639 |
|
|
|
(2 |
) |
|
|
(3,322 |
) |
|
|
4,315 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at end of period
|
|
$ |
(10,548 |
) |
|
$ |
14 |
|
|
$ |
5,469 |
|
|
$ |
(5,065 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the nine months ended September 30, 2013:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at beginning of period
|
|
$ |
7,348 |
|
|
$ |
16 |
|
|
$ |
(1,946 |
) |
|
$ |
5,418 |
|
|
Other comprehensive (loss) income before reclassification
|
|
|
(16,141 |
) |
|
|
1 |
|
|
|
7,176 |
|
|
|
(8,964 |
) |
|
Reclassification from accumulated other comprehensive income
|
|
|
(923 |
) |
|
|
— |
|
|
|
— |
|
|
|
(923 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Period change
|
|
|
(17,064 |
) |
|
|
1 |
|
|
|
7,176 |
|
|
|
(9,887 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at end of period
|
|
$ |
(9,716 |
) |
|
$ |
17 |
|
|
$ |
5,230 |
|
|
$ |
(4,469 |
) |
|
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|
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