The following table sets forth the fair value, amortized cost, and total unrealized gain of our investment securities, by type (in thousands):
|September 30,||June 30,||March 31,||December 31,||September 30,|
|Securities available for sale:|
|Government sponsored agencies and enterprises||$||42,187||$||42,175||$||42,070||$||42,401||$||56,007|
|States and political subdivisions||668,966||629,173||581,720||535,660||394,279|
|Total fair value||$||1,814,972||$||1,723,471||$||1,833,611||$||1,929,297||$||1,888,738|
|Government sponsored agencies and enterprises||$||39,233||$||39,366||$||39,503||$||39,640||$||53,016|
|States and political subdivisions||620,489||589,654||547,262||500,979||366,651|
|Total amortized cost||$||1,747,648||$||1,659,359||$||1,771,311||$||1,864,995||$||1,835,691|
|Government sponsored agencies and enterprises||$||2,954||$||2,809||$||2,567||$||2,761||$||2,991|
|States and political subdivisions||48,477||39,519||34,458||34,681||27,628|
|Total unrealized gain||$||67,324||$||64,112||$||62,300||$||64,302||$||53,047|
|Securities held to maturity, at cost:|
|States and political subdivisions||$||238,211||$||238,869||$||239,526||$||240,183||$||240,839|
|Total amortized cost||$||495,851||$||497,800||$||498,767||$||499,283||$||499,038|
We do not have any meaningful direct or indirect holdings of subprime residential mortgage loans, home equity lines of credit, or any Fannie Mae or Freddie Mac preferred or common equity securities in our investment securities portfolio. Additionally, more than 99% of our mortgage-backed securities are agency guaranteed.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV