Comprehensive Income and Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 31, 2025

Equity [Abstract]

Schedule of Changes in Accumulated Other Comprehensive Loss (AOCI)

The following table illustrates the changes in the balance of each component of accumulated other comprehensive loss for each period presented in the interim financial statements.

	Three Months Ended
	March 31,
	2025			2024
	(in thousands)
Balance, beginning of period	$	(8,875	)	$	(7,194	)
Other comprehensive income (loss) before    reclassification		1,602			(1,637	)
Amounts reclassified from accumulated other    comprehensive loss		4			91
Net current period other comprehensive    income (loss)		1,606			(1,546	)
Balance, end of period	$	(7,269	)	$	(8,740	)

Reclassification Out of Accumulated Other Comprehensive Loss

The effects of reclassifications out of accumulated other comprehensive loss by the respective line items of net income are presented in the following table.

Component of Accumulated Other Comprehensive Loss	Three Months Ended March 31,						Affected line item in the statement of income
	2025			2024
	(in thousands)
Unrealized losses on debt securities,    net of tax	$	(6	)	$	(115	)	Net realized gains (losses) on investments
		(6	)		(115	)	Income before income taxes
Unrealized losses on debt securities,    net of tax		2			24		Income tax expense
	$	(4	)	$	(91	)	Net income