Investments (Tables)

12 Months Ended

Dec. 31, 2025

Investments, Debt and Equity Securities [Abstract]

Schedule of Available-for-sale Securities

The cost or amortized cost, gross unrealized gain or loss, and estimated fair value of the investments in securities classified as available-for-sale at December 31, 2025 and 2024 were as follows (dollars in thousands):

	December 31, 2025
	Cost or		Gross Unrealized
	Amortized Cost		Gains		Losses			Estimated Fair Value
Debt securities:
U.S. Government	$	4,596	$	21	$	(12	)	$	4,605
State and local government		20,194		4		(2,982	)		17,216
Corporate debt		25,170		1		(1,407	)		23,764
Asset-backed securities		20,962		33		(22	)		20,973
Mortgage-backed securities		22,258		—		(3,690	)		18,568
Commercial mortgage-backed securities		1,054		—		(48	)		1,006
Collateralized mortgage obligations		2,435		—		(262	)		2,173
Total debt securities available for sale	$	96,669	$	59	$	(8,423	)	$	88,305

	December 31, 2024
	Cost or		Gross Unrealized
	Amortized Cost		Gains		Losses			Estimated Fair Value
Debt securities:
U.S. Government	$	4,573	$	4	$	(75	)	$	4,502
State and local government		21,933		—		(3,810	)		18,123
Corporate debt		33,543		—		(2,903	)		30,640
Asset-backed securities		28,432		84		(83	)		28,433
Mortgage-backed securities		24,605		—		(4,940	)		19,665
Commercial mortgage-backed securities		1,899		1		(69	)		1,831
Collateralized mortgage obligations		2,842		—		(371	)		2,471
Total debt securities available for sale	$	117,827	$	89	$	(12,251	)	$	105,665

Schedule Of Unrealized Loss On Investments

The following table summarizes the aggregate fair value and gross unrealized losses, by security type, of the available-for-sale securities in unrealized loss positions. The table segregates the holdings based on the length of time that individual securities have been in a continuous unrealized loss position (dollars in thousands):

	December 31, 2025
	Less than 12 months							12 months or More							Total
	No. of Issues		Fair Value of Investments with Unrealized Losses		Gross Unrealized Losses			No. of Issues		Fair Value of Investments with Unrealized Losses		Gross Unrealized Losses			No. of Issues		Fair Value of Investments with Unrealized Losses		Gross Unrealized Losses
Debt securities:
U.S. Government		—	$	-	$	-			2	$	550	$	(12	)		2	$	550	$	(12	)
State and local government		—		—		—			96		16,327		(2,982	)		96		16,327		(2,982	)
Corporate debt		—		—		—			48		22,763		(1,407	)		48		22,763		(1,407	)
Asset-backed securities		3		3,531		(2	)		1		209		(20	)		4		3,740		(22	)
Mortgage-backed securities		—		—		—			64		18,563		(3,690	)		64		18,563		(3,690	)
Commercial mortgage   -backed securities		1		145		(1	)		2		861		(47	)		3		1,006		(48	)
Collateralized mortgage   obligations		—		—		—			25		2,172		(262	)		25		2,172		(262	)
Total debt securities   available for sale		4		3,676		(3	)		238		61,445		(8,420	)		242		65,121		(8,423	)

	December 31, 2024
	Less than 12 months							12 months or More							Total
	No. of Issues		Fair Value of Investments with Unrealized Losses		Gross Unrealized Losses			No. of Issues		Fair Value of Investments with Unrealized Losses		Gross Unrealized Losses			No. of Issues		Fair Value of Investments with Unrealized Losses		Gross Unrealized Losses
Debt securities:
U.S. Government		5	$	2,208	$	(13	)		5	$	1,657	$	(62	)		10	$	3,865	$	(75	)
State and local government		3		1,068		(23	)		104		17,055		(3,787	)		107		18,123		(3,810	)
Corporate debt		1		95		(5	)		63		30,545		(2,898	)		64		30,640		(2,903	)
Asset-backed securities		1		298		(1	)		6		5,630		(82	)		7		5,928		(83	)
Mortgage-backed securities		1		5		(1	)		65		19,660		(4,939	)		66		19,665		(4,940	)
Commercial mortgage   -backed securities		—		—		—			2		1,066		(69	)		2		1,066		(69	)
Collateralized mortgage   obligations		—		—		—			29		2,471		(371	)		29		2,471		(371	)
Total debt securities   available for sale		11	$	3,674	$	(43	)		274	$	78,084	$	(12,208	)		285	$	81,758	$	(12,251	)

Schedule of Investment Income

The Company’s sources of net investment income are as follows (dollars in thousands):

	December 31,
	2025			2024
Debt securities	$	3,902		$	4,450
Equity securities		10			31
Cash, cash equivalents, and short-term investments		1,354			1,505
Total investment income		5,266			5,986
Investment expenses		(229	)		(223	)
Net investment income	$	5,037		$	5,763

Schedule of Gross Realized Gains and Losses on Securities

The following table summarizes the gross realized gains and losses from sales or maturities of available-for-sale debt securities and equity securities, as follows (dollars in thousands):

	December 31,
	2025			2024
Debt securities:
Gross realized gains	$	11		$	10
Gross realized losses		(249	)		(17	)
Total debt securities		(238	)		(7	)
Equity securities:
Gross realized gains		—			—
Gross realized losses		(478	)		(118	)
Total equity securities		(478	)		(118	)
Total net realized investment gains	$	(716	)	$	(125	)

Summary of Amortized Cost and Fair Value of Securities

The table below summarizes the amortized cost and fair value of available-for-sale debt securities by contractual maturity at December 31, 2025. Actual maturities may differ from contractual maturities because certain borrowers have the right to call or prepay obligations with or without call or prepayment penalties (dollars in thousands):

	Amortized Cost		Estimated Fair Value
Due in one year or less	$	7,465	$	7,426
Due after one year through five years		22,745		21,714
Due after five years through ten years		10,863		9,667
Due after ten years		8,887		6,778
Securities with contractual maturities		49,960		45,585
Asset-backed securities		20,962		20,973
Mortgage-backed securities		22,258		18,568
Commercial mortgage-backed securities		1,054		1,006
Collateralized mortgage obligations		2,435		2,173
Total debt securities	$	96,669	$	88,305