ETFC » Topics » Realized Gains (Losses)

This excerpt taken from the ETFC 10-K filed Mar 24, 2006.

Realized Gains (Losses)

 

Realized gains and losses from the sales and other-than-temporary impairment of available-for-sale investment securities, including mortgage-backed securities, are as follows (in thousands):

 

     Year Ended December 31,

 
     2005

    2004

    2003

 

Mortgage-backed securities:

                        

Realized gains

   $ 130,840     $ 105,876     $ 138,781  

Realized losses

     (100,765 )     (47,785 )     (47,046 )

Impairment charges

     (30,924 )     (12,400 )     —    
    


 


 


Net realized gains (losses) on mortgage-backed securities included in gain on sales of loans and securities, net

   $ (849 )   $ 45,691     $ 91,735  
    


 


 


Other investments:

                        

Realized gains

   $ 126,104     $ 152,480     $ 194,511  

Realized losses

     (8,878 )     (6,596 )     (21,980 )

Impairment charges

     (7,419 )     (1,558 )     (2,198 )
    


 


 


Net realized gains included in gain on sales of loans and securities, net and gain on sale and impairment of investments

   $ 109,807     $ 144,326     $ 170,333  
    


 


 


 

During 2005, 2004 and 2003, the Company realized gains from the sales of trading securities of $108.8 million, $101.3 million and $81.3 million, respectively. In addition, the Company had unrealized trading asset appreciation of $0.6 million, $2.5 million and $4.8 million in 2005, 2004 and 2003, respectively.

 

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This excerpt taken from the ETFC 10-K filed Mar 3, 2006.

Realized Gains (Losses)

 

Realized gains and losses from the sales and other-than-temporary impairment of available-for-sale investment securities, including mortgage-backed securities, are as follows (in thousands):

 

     Year Ended December 31,

 
     2005

    2004

    2003

 

Mortgage-backed securities:

                        

Realized gains

   $ 130,840     $ 105,876     $ 138,781  

Realized losses

     (100,765 )     (47,785 )     (47,046 )

Impairment charges

     (30,924 )     (12,400 )     —    
    


 


 


Net realized gains (losses) on mortgage-backed securities included in gain on sales of loans and securities, net

   $ (849 )   $ 45,691     $ 91,735  
    


 


 


Other investments:

                        

Realized gains

   $ 126,104     $ 152,480     $ 194,511  

Realized losses

     (8,878 )     (6,596 )     (21,980 )

Impairment charges

     (7,419 )     (1,558 )     (2,198 )
    


 


 


Net realized gains included in gain on sales of loans and securities, net and gain on sale and impairment of investments

   $ 109,807     $ 144,326     $ 170,333  
    


 


 


 

During 2005, 2004 and 2003, the Company realized gains from the sales of trading securities of $108.8 million, $101.3 million and $81.3 million, respectively. In addition, the Company had unrealized trading asset appreciation of $0.6 million, $2.5 million and $4.8 million in 2005, 2004 and 2003, respectively.

 

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EXCERPTS ON THIS PAGE:

10-K
Mar 24, 2006
10-K
Mar 3, 2006

RELATED TOPICS for ETFC:

"Realized Gains (Losses)" elsewhere:

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