eTrade 2011 Annual Report Download - page 124
Download and view the complete annual report
Please find page 124 of the 2011 eTrade annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130 -
131 -
132 -
133 -
134 -
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
 |
 |
NOTE 5—AVAILABLE-FOR-SALE AND HELD-TO-MATURITY SECURITIES
The amortized cost basis and fair value of available-for-sale and held-to-maturity securities are shown in the
following tables (dollars in thousands):
Amortized
Cost
Gross
Unrealized /
Unrecognized
Gains
Gross
Unrealized /
Unrecognized
Losses Fair Value
December 31, 2011:
Available-for-sale securities:
Residential mortgage-backed securities:
Agency mortgage-backed securities and CMOs $13,772,134 $203,541 $ (9,963) $13,965,712
Non-agency CMOs 422,568 3,331 (84,346) 341,553
Total residential mortgage-backed securities 14,194,702 206,872 (94,309) 14,307,265
Investment securities:
Agency debentures 743,246 — (11,966) 731,280
Other agency debt securities 541,038 13,654 (498) 554,194
Municipal bonds 42,325 261 (1,517) 41,069
Corporate bonds 25,357 — (7,672) 17,685
Total investment securities 1,351,966 13,915 (21,653) 1,344,228
Total available-for-sale securities $15,546,668 $220,787 $(115,962) $15,651,493
Held-to-maturity securities:
Residential mortgage-backed securities:
Agency mortgage-backed securities and CMOs $ 5,296,520 $162,975 $ (1,545) $ 5,457,950
Investment securities:
Agency debentures 163,412 5,764 — 169,176
Other agency debt securities 619,580 36,283 — 655,863
Total investment securities 782,992 42,047 — 825,039
Total held-to-maturity securities $ 6,079,512 $205,022 $ (1,545) $ 6,282,989
December 31, 2010:
Available-for-sale securities:
Residential mortgage-backed securities:
Agency mortgage-backed securities and CMOs $13,017,814 $ 71,274 $(190,974) $12,898,114
Non-agency CMOs 490,250 2,885 (97,746) 395,389
Total residential mortgage-backed securities 13,508,064 74,159 (288,720) 13,293,503
Investment securities:
Agency debentures 1,324,464 3,470 (58,382) 1,269,552
Other agency debt securities 187,622 2,880 (3,040) 187,462
Municipal bonds 42,399 — (5,068) 37,331
Corporate bonds 25,356 — (7,527) 17,829
Total investment securities 1,579,841 6,350 (74,017) 1,512,174
Total available-for-sale securities $15,087,905 $ 80,509 $(362,737) $14,805,677
Held-to-maturity securities:
Residential mortgage-backed securities:
Agency mortgage-backed securities and CMOs $ 1,928,651 $ 4,747 $ (36,348) $ 1,897,050
Investment securities:
Agency debentures 219,197 — (3,025) 216,172
Other agency debt securities 314,862 — (5,749) 309,113
Total investment securities 534,059 — (8,774) 525,285
Total held-to-maturity securities $ 2,462,710 $ 4,747 $ (45,122) $ 2,422,335
121