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Comprehensive Income
9 Months Ended
Sep. 30, 2011
Comprehensive Income. 
Comprehensive Income

Note 6.  Comprehensive Income

 

The following table presents the components of comprehensive income for the three and nine months ended September 30, 2011 and 2010.

 

(dollars in thousands)

 

Before Tax

 

Tax Effect

 

Net of Tax

 

Three Months Ended September 30, 2011

 

 

 

 

 

 

 

Net Income

 

$                      61,494

 

$                    18,188

 

$                    43,306

 

Other Comprehensive Income:

 

 

 

 

 

 

 

Net Unrealized Gains on Investment Securities

 

32,184

 

12,677

 

19,507

 

Reclassification of Investment Securities Net Gains

 

 

 

 

 

 

 

Realized in Net Income

 

(1,508)

 

(612)

 

(896)

 

Net Unrealized Gains on Investment Securities,

 

 

 

 

 

 

 

Net of Reclassification Adjustment

 

30,676

 

12,065

 

18,611

 

Amortization of Net Losses Related to Defined Benefit Plans

 

777

 

412

 

365

 

Change in Accumulated Other Comprehensive Income

 

31,453

 

12,477

 

18,976

 

Total Comprehensive Income

 

$                      92,947

 

$                    30,665

 

$                    62,282

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2010

 

 

 

 

 

 

 

Net Income

 

$                      58,502

 

$                    14,438

 

$                    44,064

 

Other Comprehensive Income:

 

 

 

 

 

 

 

Net Unrealized Gains on Investment Securities

 

16,686

 

6,548

 

10,138

 

Reclassification of Investment Securities Net Gains

 

 

 

 

 

 

 

Realized in Net Income

 

(7,877)

 

(3,091)

 

(4,786)

 

Net Unrealized Gains on Investment Securities,

 

 

 

 

 

 

 

Net of Reclassification Adjustment

 

8,809

 

3,457

 

5,352

 

Amortization of Net Losses Related to Defined Benefit Plans

 

595

 

214

 

381

 

Change in Accumulated Other Comprehensive Income

 

9,404

 

3,671

 

5,733

 

Total Comprehensive Income

 

$                      67,906

 

$                    18,109

 

$                    49,797

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2011

 

 

 

 

 

 

 

Net Income

 

$                    173,928

 

$                    53,114

 

$                  120,814

 

Other Comprehensive Income:

 

 

 

 

 

 

 

Net Unrealized Gains on Investment Securities

 

40,003

 

15,784

 

24,219

 

Reclassification of Investment Securities Net Gains

 

 

 

 

 

 

 

Realized in Net Income

 

(9,640)

 

(3,797)

 

(5,843)

 

Net Unrealized Gains on Investment Securities,

 

 

 

 

 

 

 

Net of Reclassification Adjustment

 

30,363

 

11,987

 

18,376

 

Amortization of Net Losses Related to Defined Benefit Plans

 

2,331

 

918

 

1,413

 

Change in Accumulated Other Comprehensive Income

 

32,694

 

12,905

 

19,789

 

Total Comprehensive Income

 

$                    206,622

 

$                    66,019

 

$                  140,603

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2010

 

 

 

 

 

 

 

Net Income

 

$                    206,465

 

$                    63,101

 

$                  143,364

 

Other Comprehensive Income:

 

 

 

 

 

 

 

Net Unrealized Gains on Investment Securities

 

142,112

 

57,811

 

84,301

 

Reclassification of Investment Securities Net Gains

 

 

 

 

 

 

 

Realized in Net Income

 

(42,849)

 

(17,434)

 

(25,415)

 

Net Unrealized Gains on Investment Securities,

 

 

 

 

 

 

 

Net of Reclassification Adjustment

 

99,263

 

40,377

 

58,886

 

Amortization of Net Losses Related to Defined Benefit Plans

 

1,784

 

642

 

1,142

 

Change in Accumulated Other Comprehensive Income

 

101,047

 

41,019

 

60,028

 

Total Comprehensive Income

 

$                    307,512

 

$                  104,120

 

$                  203,392