MORTGAGE LOANS (Tables)

9 Months Ended

Sep. 30, 2011

MORTGAGE LOANS

Schedule of changes in the allowance for mortgage loan credit losses

	As of
	September 30, 2011			December 31, 2010
	(Dollars In Thousands)
Beginning balance	$	11,650		$	1,725
Charge offs	(12,750		)	(1,146		)
Recoveries	(2,386		)	—
Provision	12,586			11,071
Ending balance	$	9,100		$	11,650

Schedule of an analysis of the delinquent loans

An analysis of the delinquent loans is shown in the following chart as of September 30, 2011:

					Greater
	30-59 Days		60-89 Days		than 90 Days		Total
	Delinquent		Delinquent		Delinquent		Delinquent
	(Dollars In Thousands)
Commercial mortgage loans	$	40,626	$	6,874	$	16,223	$	63,723
Number of delinquent commercial mortgage loans	6		3		9		18

Schedule of information regarding impaired loans

For information regarding impaired loans, please refer to the following chart as of September 30, 2011:

			Unpaid				Average		Interest		Cash Basis
	Recorded		Principal		Related		Recorded		Income		Interest
	Investment		Balance		Allowance		Investment		Recognized		Income
	(Dollars In Thousands)
Commercial mortgage loans:
With no related allowance recorded	$	10,529	$	10,529	$	—	$	1,504	$	35	$	101
With an allowance recorded	21,461		21,459		9,100		4,292		168		251