Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2022

The changes in the components of other comprehensive income (loss) are reported net of the effects of income taxes of 21% as of the three and six months ended June 30, 2022 and 2021, as indicated below.


Three Months Ended June 30,	2022				2021
(In thousands)	Amount		Tax Effect	Total	Amount	Tax Effect	Total
Unrealized gains (losses):
Unrealized holding gains (losses) arising during the period	$	(119,531)	4,435	(115,096)	53,234	(3,418)	49,816
Reclassification adjustment for (gains) losses included in net income	(24)		5	(19)	46	(10)	36
Effects on deferred policy acquisition costs	810		(170)	640	(21,492)	3,777	(17,715)
Effects on cost of insurance acquired	291		(61)	230	8	(2)	6
Effects on unearned revenue reserves	(2,504)		526	(1,978)	6	(1)	5
Other comprehensive income (loss)	$	(120,958)	4,735	(116,223)	31,802	346	32,148

Six Months Ended June 30,	2022				2021
(In thousands)	Amount		Tax Effect	Total	Amount	Tax Effect	Total
Unrealized gains (losses):
Unrealized holding gains (losses) arising during the period	$	(252,296)	13,392	(238,904)	(26,188)	1,955	(24,233)
Reclassification adjustment for (gains) losses included in net income	35		(7)	28	11	(3)	8
Effects on deferred policy acquisition costs	1,154		(242)	912	3,706	(2,540)	1,166
Effects on cost of insurance acquired	443		(93)	350	277	(58)	219
Effects on unearned revenue reserves	(3,577)		751	(2,826)	(1,937)	407	(1,530)
Other comprehensive income (loss)	$	(254,241)	13,801	(240,440)	(24,131)	(239)	(24,370)