Quarterly report pursuant to Section 13 or 15(d)

Held To Maturity Securities (Tables)

v2.3.0.15
Held To Maturity Securities (Tables)
 9 Months Ended
Sep. 30, 2011
Held to Maturity Securities [Abstract]  
Contractual maturities of held-to-maturity securities

Listed below are the contractual maturities (under 1 year, 1-5 years, 6-10 years, and over 10 years) of held-to-maturity securities at September 30, 2011. There were no securities classified as held-to-maturity at December 31, 2010 or September 30, 2010.

        September 30, 2011  
        Amortized     Fair  
(dollar amounts in thousands)   Cost     Value  
  Federal agencies: mortgage-backed securities:            
    Under 1 year $ ---   $ ---  
    1-5 years   ---     ---  
    6-10 years   ---     ---  
    Over 10 years   658,250     682,897  
  Total Federal agencies: mortgage-backed securities 658,250     682,897  
Total U.S. Government backed agencies   658,250     682,897  
Total held-to-maturity securities $ 658,250   $ 682,897  
                 
Amortized cost, gross unrealized gains and losses, and fair value by investment category

The following table provides amortized cost, gross unrealized gains and losses, and fair value by investment category at September 30, 2011:

 

            Unrealized      
      Amortized     Gross     Gross     Fair
(dollar amounts in thousands)   Cost     Gains     Losses     Value
September 30, 2011                      
Federal Agencies:                      
  Mortgage-backed securities $ 658,250   $ 24,647   $ ---   $ 682,897
Total U.S. Government                      
  backed securities   658,250     24,647     ---     682,897
Total held-to-maturity securities $ 658,250   $ 24,647   $ ---   $ 682,897