| Activity in Accumulated Other Comprehensive Income |
Activity in accumulated other comprehensive income for the three months ended June 30, 2015 and 2014 was as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 three months ended June 30, 2015 |
|
|
|
|
|
|
|
Balance at beginning of period |
$ |
8,874 |
|
|
$ |
16 |
|
|
$ |
(2,691 |
) |
|
$ |
6,199 |
|
Other comprehensive income before reclassification |
(8,041 |
) |
|
— |
|
|
4,177 |
|
|
(3,864 |
) |
Reclassification from accumulated other comprehensive income |
(1,912 |
) |
|
— |
|
|
— |
|
|
(1,912 |
) |
Period change |
(9,953 |
) |
|
— |
|
|
4,177 |
|
|
(5,776 |
) |
Balance at end of period |
$ |
(1,079 |
) |
|
$ |
16 |
|
|
$ |
1,486 |
|
|
$ |
423 |
|
For the three months ended June 30, 2014 |
|
|
|
|
|
|
|
Balance at beginning of period |
$ |
(11,510 |
) |
|
$ |
17 |
|
|
$ |
5,984 |
|
|
$ |
(5,509 |
) |
Other comprehensive income before reclassification |
6,340 |
|
|
— |
|
|
(2,617 |
) |
|
3,723 |
|
Reclassification from accumulated other comprehensive income |
(364 |
) |
|
— |
|
|
— |
|
|
(364 |
) |
Period change |
5,976 |
|
|
— |
|
|
(2,617 |
) |
|
3,359 |
|
Balance at end of period |
$ |
(5,534 |
) |
|
$ |
17 |
|
|
$ |
3,367 |
|
|
$ |
(2,150 |
) |
Activity in accumulated other comprehensive income for the six months ended June 30, 2015 and 2014 was as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 six months ended June 30, 2015 |
|
|
|
|
|
|
|
Balance at beginning of period |
$ |
(985 |
) |
|
$ |
16 |
|
|
$ |
1,432 |
|
|
$ |
463 |
|
Other comprehensive income before reclassification |
4,002 |
|
|
— |
|
|
54 |
|
|
4,056 |
|
Reclassification from accumulated other comprehensive income |
(4,096 |
) |
|
— |
|
|
— |
|
|
(4,096 |
) |
Period change |
(94 |
) |
|
— |
|
|
54 |
|
|
(40 |
) |
Balance at end of period |
$ |
(1,079 |
) |
|
$ |
16 |
|
|
$ |
1,486 |
|
|
$ |
423 |
|
For the six months ended June 30, 2014 |
|
|
|
|
|
|
|
Balance at beginning of period |
$ |
(18,187 |
) |
|
$ |
16 |
|
|
$ |
8,791 |
|
|
$ |
(9,380 |
) |
Other comprehensive income before reclassification |
14,438 |
|
|
1 |
|
|
(5,424 |
) |
|
9,015 |
|
Reclassification from accumulated other comprehensive income |
(1,785 |
) |
|
— |
|
|
— |
|
|
(1,785 |
) |
Period change |
12,653 |
|
|
1 |
|
|
(5,424 |
) |
|
7,230 |
|
Balance at end of period |
$ |
(5,534 |
) |
|
$ |
17 |
|
|
$ |
3,367 |
|
|
$ |
(2,150 |
) |
|