When available-for-sale securities are sold, the amount of unrealized holding gain or loss realized from the date of purchase is included in before-tax net income.

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When available-for-sale securities are sold, the amount of unrealized holding gain or loss realized from the date of purchase is included in before-tax net income. This is in contrast to held-to-maturity securities, where unrealized gains and losses are not recognized in income until the securities are sold or impaired.

When Available-For-Sale Securities Are Sold, the Amount of Unrealized Holding