XML 22 R37.htm IDEA: XBRL DOCUMENT v2.4.0.6
SECURITIES (Details) (USD $)
3 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2012
Mar. 31, 2013
Corporate debt securities
Mar. 31, 2012
Corporate debt securities
Dec. 31, 2012
Corporate debt securities
Mar. 31, 2012
Common and preferred stock
Mar. 31, 2013
Common and preferred stock
Mar. 31, 2013
Other securities, at estimated fair value
Dec. 31, 2012
Other securities, at estimated fair value
Mar. 31, 2013
Residential mortgage-backed securities, at estimated fair value
Dec. 31, 2012
Residential mortgage-backed securities, at estimated fair value
Securities Available-for-Sale                        
Amortized Cost $ 335,968,000   $ 394,821,000                  
Gross Unrealized Gains 25,039,000   27,281,000                  
Gross Unrealized Losses (2,042,000)   (9,809,000)                  
Estimated Fair Value 358,965,000   412,293,000         0        
Total Securities                        
Amortized Cost                 41,436,000 27,991,000 162,483,000 171,385,000
Gross Unrealized Gains                 15,456,000 9,768,000 4,423,000 3,762,000
Gross Unrealized Losses                 (689,000) (374,000) (79,878,000) (91,305,000)
Securities, at estimated fair value                 56,203,000 37,385,000 87,028,000 83,842,000
Amortized Cost 539,887,000   594,197,000                  
Gross Unrealized Gains 44,918,000   40,811,000                  
Gross Unrealized Losses (82,609,000)   (101,488,000)                  
Securities, at estimated fair value 502,196,000   533,520,000                  
Fair value on available for sale securities in a gross continuous unrealized loss position by the length of time                        
Less Than 12 months       33,970,000   45,900,000            
12 Months or More       27,809,000   37,500,000            
Total Estimated Fair Value       61,779,000   83,400,000            
Unrealized losses on available for sale securities in a gross continuous unrealized loss position by the length of time                        
Less Than 12 months       (665,000)   (4,398,000)            
12 months or More       (1,377,000)   (5,411,000)            
Total Unrealized Losses       (2,042,000)   (9,809,000)            
Other-than-temporarily impairment loss       5,900,000 700,000   0          
Estimated fair value of corporate debt securities in default       0   0            
Net realized gains and losses recognized on the sale of securities available for sale                        
Gross realized gains 2,150,000 7,581,000                    
Net realized gains 2,150,000 7,581,000                    
Net realized gains from paydowns and restructurings 1,600,000 16,200,000                    
Redemption premium 1,000,000 800,000                    
Impairment charge for investments which were determined to be other than temporarily impaired $ 5,900,000 $ 700,000