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Note 6: Investment Securities: Non-Agency Collateralized Mortgage Obligation Policy (Policies) | 3 Months Ended
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Sep. 30, 2012
Policies |
Non-Agency Collateralized Mortgage Obligation Policy | During the nine months ended September 30, 2012, the Company determined that the impairment of a non-agency collateralized mortgage obligation with a book value of $962,000 had become other than temporary. Consequently, the Company recorded a $262,000 pre-tax charge to income. During the nine months ended September 30, 2011, the Company determined that the impairment of a non-agency collateralized mortgage obligation with a book value of $1.8 million had become other than temporary. Consequently, the Company recorded a $400,000 pre-tax charge to income.

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