Investment Securities: Gain Loss on Investments Policy (Policies)

3 Months Ended

Jun. 30, 2012

Gain Loss on Investments Policy:

Gain Loss on Investments Policy

Gross gains of $2.1 million and gross losses of $559,000 resulting from sales of available-for-sale securities were realized for the three and six months ended June 30, 2012.  No securities were sold during the three and six months ended June 30, 2011, and therefore, no gains or losses on sales were realized.  Gains and losses on sales of securities are determined on the specific-identification method.