The following table provides the Company’s investment income, and realized gains and losses on investments during the periods presented:

The following table provides the amortized cost, fair value and unrealized gains and (losses) of the Company’s investment securities:

The amortized cost and fair value of securities at March 31, 2023, by contractual maturity, are shown in the following table. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.

The Company regularly reviews its individual investment securities for other-than-temporary impairment. The Company considers various factors in determining whether each individual security is other-than-temporarily impaired, including:

Securities with gross unrealized loss position, aggregated by investment category and length of time the individual securities have been in a continuous loss position, are as follows:


	Less Than Twelve Months				Twelve Months or Greater				Total
	Gross				Gross				Gross
	Unrealized		Fair		Unrealized		Fair		Unrealized		Fair
At March 31, 2023	Loss		Value		Loss		Value		Loss		Value
U.S. Treasuries	$	(66)	$	16,320	$	(160)	$	2,251	$	(226)	$	18,571
Obligations of states, municipalities and political subdivisions		(48)		1,936		(1,006)		7,852		(1,054)		9,788
Corporate bonds		(617)		12,375		(1,993)		15,615		(2,610)		27,990
Residential and commercial mortgage-backed securities		(260)		3,190		(902)		7,149		(1,162)		10,339
Other loan-backed and structured securities		(149)		1,712		(241)		3,696		(390)		5,408
Total securities	$	(1,140)	$	35,533	$	(4,302)	$	36,563	$	(5,442)	$	72,096


	Less Than Twelve Months				Twelve Months or Greater				Total
	Gross				Gross				Gross
	Unrealized		Fair		Unrealized		Fair		Unrealized		Fair
At December 31, 2022	Loss		Value		Loss		Value		Loss		Value
U.S. Treasuries	$	(127)	$	10,748	$	(193)	$	9,824	$	(320)	$	20,572
Obligations of states, municipalities and political subdivisions		(929)		6,258		(397)		3,504		(1,326)		9,762
Corporate bonds		(1,623)		16,531		(1,214)		10,328		(2,837)		26,859
Residential and commercial mortgage-backed securities		(687)		6,565		(581)		4,952		(1,268)		11,517
Other loan-backed and structured securities		(359)		4,633		(117)		1,094		(476)		5,727
Total securities	$	(3,725)	$	44,735	$	(2,502)	$	29,702	$	(6,227)	$	74,437

At March 31, 2023, and December 31, 2022, there were 452 and 483 securities, respectively, in an unrealized loss position. Of these securities, 363 had been in an unrealized loss position for 12 months or longer as of March 31, 2023.

The Company believes there were no fundamental issues such as credit losses or other factors with respect to any of its available-for-sale securities. The unrealized losses on investments in fixed-maturity securities were caused primarily by interest rate changes. It is expected that the securities would not be settled at a price less than par value of the investments. Because the declines in fair value are attributable to changes in interest rates or market conditions and not credit quality, and because the Company has the ability and intent to hold its available-for-sale investments until a market price recovery or maturity, the Company does not consider any of its investments to be other-than-temporarily impaired at March 31, 2023.