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Investments (Table Text Block)
6 Months Ended 12 Months Ended
Sep. 30, 2015
Mar. 31, 2015
Investments Debt Equity Securities [Abstract]    
Available-for-Sale Investments

 

 

Amortized

Cost

 

Gross

Unrealized

Gains

 

Gross

Unrealized

Losses More than 12 Months

 

Gross

Unrealized

Losses Less than 12 Months

 

Estimated

Market

Value

 

 

(Unaudited)

 

 

(In thousands)

U.S. treasury securities and government obligations

$

91,443

$ 

3,681

$ 

$ 

(369)

$ 

94,755

U.S. government agency mortgage-backed securities

 

28,050

 

2,397

 

(5)

 

(69)

 

30,373

Obligations of states and political subdivisions

 

161,134

 

10,175

 

(82)

 

(607)

 

170,620

Corporate securities

 

982,345

 

33,646

 

(1,637)

 

(11,720)

 

1,002,634

Mortgage-backed securities

 

19,079

 

666

 

 

(46)

 

19,699

Redeemable preferred stocks

 

18,055

 

351

 

 

(308)

 

18,098

Common stocks

 

18,482

 

6,164

 

 

(45)

 

24,601

 

$

1,318,588

$ 

57,080

$ 

(1,724)

$ 

(13,164)

$ 

1,360,780

 

 

 

Amortized

Cost

 

Gross

Unrealized

Gains

 

Gross

Unrealized

Losses More than 12 Months

 

Gross

Unrealized

Losses Less than 12 Months

 

Estimated

Market

Value

 

 

 

 

 

(In thousands)

U.S. treasury securities and government obligations

$

99,722

$ 

5,658

$ 

(64)

$ 

$ 

105,316

U.S. government agency mortgage-backed securities

 

30,569

 

2,614

 

(39)

 

(3)

 

33,141

Obligations of states and political subdivisions

 

165,724

 

13,052

 

(298)

 

(10)

 

178,468

Corporate securities

 

885,470

 

44,426

 

(2,522)

 

(2,966)

 

924,408

Mortgage-backed securities

 

19,874

 

806

 

(1)

 

 

20,679

Redeemable preferred stocks

 

18,052

 

521

 

(253)

 

(24)

 

18,296

Common stocks

 

17,975

 

6,719

 

 

(40)

 

24,654

 

$

1,237,386

$ 

73,796

$ 

(3,177)

$ 

(3,043)

$ 

1,304,962

 

Adjusted Cost and Estimated Market Value of Available-for-sale Investments

 

 

September 30, 2015

 

March 31, 2015

 

 

Amortized

Cost

 

Estimated

Market

Value

 

Amortized

Cost

 

Estimated

Market

Value

 

 

(Unaudited)

 

 

 

 

(In thousands)

Due in one year or less

$

53,310

$

54,085

$

36,355

$

37,055

Due after one year through five years

 

185,138

 

195,011

 

198,488

 

209,404

Due after five years through ten years

 

502,261

 

514,431

 

474,639

 

492,782

Due after ten years

 

522,263

 

534,855

 

472,003

 

502,092

 

 

1,262,972

 

1,298,382

 

1,181,485

 

1,241,333

 

 

 

 

 

 

 

 

 

Mortgage backed securities

 

19,079

 

19,699

 

19,874

 

20,679

Redeemable preferred stocks

 

18,055

 

18,098

 

18,052

 

18,296

Common stocks

 

18,482

 

24,601

 

17,975

 

24,654

 

$

1,318,588

$

1,360,780

$

1,237,386

$

1,304,962