Available-For-Sale And Held-To-Maturity Securities (Tables)

3 Months Ended

Mar. 31, 2012

Available-For-Sale And Held-To-Maturity Securities [Abstract]

Schedule Of Amortized Cost And Fair Values Of The Available For Sale Securities And Held To Maturity Securities


	March 31, 2012
	Amortized cost		Gross unrealized gains ⁽¹⁾		Gross unrealized losses ⁽¹⁾			Estimated fair value
Available-for-sale securities
U.S. government securities	$	1,115	$	2	$	(1	)	$	1,116
State and municipal securities		79,351		4,540		(425	)		83,466
Mortgage-backed securities:
Agency		457,608		8,687		(413	)		465,882
Commercial		283,746		3,664		(542	)		286,868
Non-agency		16,458		231		—			16,689
Corporate fixed income securities		466,221		4,647		(2,771	)		468,097
Asset-backed securities		25,252		498		(333	)		25,417
	$	1,329,751	$	22,269	$	(4,485	)	$	1,347,535
Held-to-maturity securities ⁽²⁾
Asset-backed securities	$	251,832	$	6,221	$	(2,681	)	$	255,372
Corporate fixed income securities		55,519		56		(1,331	)		54,244
Municipal auction rate securities		20,096		846		(725	)		20,217
	$	327,447	$	7,123	$	(4,737	)	$	329,833

	December 31, 2011
	Amortized cost		Gross unrealized gains ⁽¹⁾		Gross unrealized losses ⁽¹⁾			Estimated fair value
Available-for-sale securities
U.S. government securities	$	1,105	$	—	$	(2	)	$	1,103
State and municipal securities		82,256		4,979		(303	)		86,932
Mortgage-backed securities:
Agency		396,952		8,469		(759	)		404,662
Commercial		270,677		1,811		(978	)		271,510
Non-agency		17,701		135		(376	)		17,460
Corporate fixed income securities		409,503		2,108		(5,626	)		405,985
Asset-backed securities		26,011		548		(70	)		26,489
	$	1,204,205	$	18,050	$	(8,114	)	$	1,214,141
Held-to-maturity securities ⁽²⁾
Asset-backed securities	$	122,148	$	2,953	$	(3,138	)	$	121,963
Corporate fixed income securities		55,544		56		(2,016	)		53,584
Municipal auction rate securities		12,792		733		(1	)		13,524
	$	190,484	$	3,742	$	(5,155	)	$	189,071

⁽¹⁾Unrealized gains/(losses) related to available-for-sale securities are reported in accumulated other comprehensive loss.

⁽²⁾Held-to-maturity securities are carried in the consolidated statements of financial condition at amortized cost, and the changes in the value of these securities, other than impairment charges, are not reported on the consolidated financial statements.

Schedule Of Amortized Cost And Fair Values Of Debt Securities By Contractual Maturity


	March 31, 2012
	Available-for-sale securities				Held-to-maturity securities
	Amortized cost		Estimated fair value		Amortized cost		Estimated fair value
Debt securities
Within one year	$	36,257	$	36,424	$	—	$	—
After one year through three years		318,885		322,515		—		—
After three years through five years		118,776		116,776		21,265		20,909
After five years through ten years		5,583		6,207		143,413		142,717
After ten years		92,438		96,174		162,769		166,207

Mortgage-backed securities
After one year through three years		9,528		10,003		—		—
After five years through ten years		17,408		17,815		—		—
After ten years		730,876		741,621		—		—
	$	1,329,751	$	1,347,535	$	327,447	$	329,833

Schedule Of Gross Unrealized Losses And The Estimated Fair Value By Length Of Time


	Less than 12 months					12 months or more					Total
	Gross unrealized losses			Estimated fair value		Gross unrealized losses			Estimated fair value		Gross unrealized losses			Estimated fair value
Available-for-sale securities
U.S. government securities	$	(1	)	$	109	$	—		$	—	$	(1	)	$	109
State and municipal securities		(425	)		26,129		—			—		(425	)		26,129
Mortgage-backed securities:
Agency		(413	)		163,201		—			—		(413	)		163,201
Commercial		(542	)		46,227		—			—		(542	)		46,227
Corporate fixed income securities		(1,301	)		57,026		(1,470	)		28,512		(2,771	)		85,538
Asset-backed securities		(333	)		15,196		—			—		(333	)		15,196
	$	(3,015	)	$	307,888	$	(1,470	)	$	28,512	$	(4,485	)	$	336,400