COMPREHENSIVE INCOME (Tables)

6 Months Ended

Jun. 30, 2011

Components of Other Comprehensive Income

The following tables present the components of other comprehensive income and the related tax effects allocated to each component for the periods indicated:

	Three months ended June 30,
	2011									2010
	Before			Tax			Net			Before		Tax			Net
	tax			(expense)			of tax			tax		(expense)			of tax
	amount			benefit			amount			amount		benefit			amount
Net unrealized gains on available-for-	(In thousands)
sale securities:
Unrealized gains (losses) arising during
holding period	$	46,461		$	(17,781	)	$	28,680		$	7,889	$	(3,015	)	$	4,874
Less: Reclassification adjustment for
net (gains) losses realized in net income		(10,045	)		3,842			(6,203	)		585		(224	)		361
Recognized employee benefit plan
net periodic benefit cost		633			(242	)		391			652		(250	)		402
Other comprehensive income (loss)	$	37,049		$	(14,181	)	$	22,868		$	9,126	$	(3,489	)	$	5,637
Net income (loss)								12,826								(12,560	)
Comprehensive income (loss)							$	35,694							$	(6,923	)

	Six months ended June 30,
	2011									2010
	Before			Tax			Net			Before			Tax			Net
	tax			(expense)			of tax			tax			(expense)			of tax
	amount			benefit			amount			amount			benefit			amount
Net unrealized gains on available-for-	(In thousands)
sale securities:
Unrealized gains (losses) arising
during holding period	$	42,417		$	(16,244	)	$	26,173		$	4,931		$	(1,884	)	$	3,047
Less: Reclassification adjustment for
net (gains) losses realized in net income		(10,062	)		3,849			(6,213	)		(712	)		272			(440	)
Recognized employee benefit plan
net periodic benefit cost		1,266			(484	)		782			1,286			(492	)		794
Other comprehensive income	$	33,621		$	(12,879	)	$	20,742		$	5,505		$	(2,104	)	$	3,401
Net income								12,332									(4,164	)
Comprehensive income							$	33,074								$	(763	)

- Definition

Tabular disclosure of components of comprehensive income (loss) including, but not limited to: (a) foreign currency translation adjustments; (b) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (c) gains (losses) on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (d) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (e) unrealized holding gains (losses) on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (f) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (g) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans.

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