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Comprehensive income
12 Months Ended
Dec. 31, 2011
Comprehensive Income Net Of Tax [Abstract]  
Comprehensive Income Note Text Block

NOTE 12: OTHER COMPREHENSIVE INCOME (LOSS)

 

Comprehensive income is defined as the change in equity from all transactions other than those with shareholders, and it includes net earnings and other comprehensive income (loss). Other comprehensive income (loss) for the years ended December 31, 2011, 2010 and 2009, is presented below.

 

    Pre-tax Tax benefit Net of
(In thousands)  amount (expense) tax amount
2011:        
Unrealized net holding loss on other-than-temporarily impaired securities        
 due to factors other than credit $(130) 48 (82)
Unrealized net holding gain on all other securities  11,187 (4,128) 7,059
Reclassification adjustment for net gain on securities recognized in net earnings  (878) 324 (554)
 Other comprehensive income $10,179 (3,756) 6,423
         
2010:        
Unrealized net holding loss on other-than-temporarily impaired securities        
 due to factors other than credit $(210) 77 (133)
Unrealized net holding loss on all other securities  (2,032) 751 (1,281)
Reclassification adjustment for net gain on securities recognized in net earnings  (1,423) 525 (898)
 Other comprehensive loss $(3,665) 1,353 (2,312)
         
2009:        
Unrealized net holding loss on other-than-temporarily impaired securities  $(257) 95 (162)
 due to factors other than credit       
Unrealized net holding loss on all other securities  (4,226) 1,559 (2,667)
Reclassification adjustment for net loss on securities recognized in net earnings  3,703 (1,366) 2,337
 Other comprehensive loss $(780) 288 (492)