| Activity in Accumulated Other Comprehensive Income |
Activity in accumulated other comprehensive income for the three
months ended March 31, 2015 and 2014 was as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Unrealized Gains
and Losses on
Available-for-Sale
|
|
|
Unrealized Gains
and Losses on
Interest-Only
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
|
Tax Benefit
|
|
|
|
|
| |
|
Securities |
|
|
Strip |
|
|
(Expense) |
|
|
Total |
|
| |
|
|
|
|
(In
thousands) |
|
|
|
|
|
For the three months ended March 31, 2015
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at beginning of period
|
|
$ |
(985 |
) |
|
$ |
16 |
|
|
$ |
1,432 |
|
|
$ |
463 |
|
|
Other comprehensive income (loss) before reclassification
|
|
|
12,043 |
|
|
|
— |
|
|
|
(4,123 |
) |
|
|
7,920 |
|
|
Reclassification from accumulated other comprehensive income
|
|
|
(2,184 |
) |
|
|
— |
|
|
|
— |
|
|
|
(2,184 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Period change
|
|
|
9,859 |
|
|
|
— |
|
|
|
(4,123 |
) |
|
|
5,736 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at end of period
|
|
$ |
8,874 |
|
|
$ |
16 |
|
|
$ |
(2,691 |
) |
|
$ |
6,199 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the three months ended March 31, 2014
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at beginning of period
|
|
$ |
(18,187 |
) |
|
$ |
16 |
|
|
$ |
8,791 |
|
|
$ |
(9,380 |
) |
|
Other comprehensive income (loss) before reclassification
|
|
|
8,098 |
|
|
|
1 |
|
|
|
(2,807 |
) |
|
|
5,292 |
|
|
Reclassification from accumulated other comprehensive income
|
|
|
(1,421 |
) |
|
|
— |
|
|
|
— |
|
|
|
(1,421 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Period change
|
|
|
6,677 |
|
|
|
1 |
|
|
|
(2,807 |
) |
|
|
3,871 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at end of period
|
|
$ |
(11,510 |
) |
|
$ |
17 |
|
|
$ |
5,984 |
|
|
$ |
(5,509 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|