text: *Investment Securities*. Investment securities totaled $772.3 million as of December 31, 2002, as compared to 
  $721.7 million at December 31, 2001 and $654.3 million at December 31, 2000. At December 31, 2002, securities 
  with an amortized cost of $200.4 million were classified as securities held-to-maturity and securities with a market 
  value of $571.8 million were classified as securities available-for-sale. As compared to December 31, 2001, the 
  portfolio at December 31, 2002, reflected (i) an increase of $14.8 million in U.S. Treasury; (ii) an increase of $12.8 
  million in tax-exempt obligations of states and political subdivisions; (iii) a $4.2 million decrease in corporate bonds 
  and other securities; and (iv) a $27.2 million increase in mortgage-backed securities. As compared to December 31, 
  2000, the portfolio at December 31, 2001 reflected (i) a decrease of $86.9 million in U.S. Treasury and U.S. 
  Government corporations and agency securities; (ii) an increase of $16.8 million in tax-exempt obligations of states 
  and political subdivisions; (iii) an $6.6 million increase in other securities, primarily corporate bonds; and (iv) a 
  $130.9 million increase in mortgage-backed securities. The overall portfolio yield of 5.62% at the end of 2002 was 
  down from the prior year-end yield of 6.06% due to lower average interest rates. We did not hold collateralized 
  mortgage obligations that entail higher risks than other mortgage-backed securities without complex payment 
  features nor did we hold any structured notes. See Note 2 to the Consolidated Financial Statements for additional 
  disclosures relating to the maturities and fair values of the investment portfolio at December 31, 2002 and 2001. 