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Investments (Tables)
3 Months Ended
Mar. 31, 2025
Investments [Abstract]  
Unrealized Gain (Loss) On Investments

(Dollars in thousands)

Gross

Gross

Amortized

unrealized

unrealized

Fair

March 31, 2025

cost

gains

losses

Value

U.S. Treasury

$

36,115

$

$

(3,643)

$

32,472

Municipal

155,220

(21,341)

133,879

Corporate

26,361

(2,020)

24,341

Agency MBS & CMO

145,771

13

(8,091)

137,693

Non-Agency MBS & CMO

140,674

132

(3,679)

137,127

Asset-backed

30,272

133

(430)

29,975

Total

$

534,413

$

278

$

(39,204)

$

495,487

(Dollars in thousands)

Gross

Gross

Amortized

unrealized

unrealized

Fair

December 31, 2024

cost

gains

losses

value

U.S. Treasury

$

36,192

$

$

(4,395)

$

31,797

Municipal

156,528

37

(22,973)

133,592

Corporate

26,356

1

(2,133)

24,224

Agency MBS & CMO

149,003

15

(10,276)

138,742

Non-Agency MBS & CMO

154,554

45

(5,429)

149,170

Asset-backed

31,420

163

(504)

31,079

Total

$

554,053

$

261

$

(45,710)

$

508,604

Amortized Cost And Fair Value Of Debt Securities, By Contractual Maturity

(Dollars in thousands)

Amortized
cost

Fair
value

Due in one year or less

$

$

Due after one year through five years

43,406

39,945

Due after five years through ten years

90,269

79,271

Due after ten years

84,021

71,476

217,696

190,692

MBS, CMO & ABS

316,717

304,795

$

534,413

$

495,487

Schedule Of Unrealized Loss On Investments

March 31, 2025

Less than 12 months

12 months or more

Total

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

(Dollars in thousands)

Value

Losses

Count

Value

Losses

Count

Value

Losses

Count

U.S. Treasury

$

$

$

32,472 

$

(3,643)

13 

$

32,472 

$

(3,643)

13 

Municipal

771 

(100)

2 

133,108 

(21,241)

163 

133,879 

(21,341)

165 

Corporate

983 

(5)

1 

23,358 

(2,015)

50 

24,341 

(2,020)

51 

Agency MBS & CMO

55,424 

(1,231)

16 

80,715 

(6,860)

178 

136,139 

(8,091)

194 

Non-Agency MBS & CMO

68,983 

(1,724)

18 

43,499 

(1,955)

43 

112,482 

(3,679)

61 

Asset-backed

1,729 

(7)

4 

19,378 

(423)

35 

21,107 

(430)

39 

Total unrealized losses

$

127,890 

$

(3,067)

41 

$

332,530 

$

(36,137)

482 

$

460,420 

$

(39,204)

523 

December 31, 2024

Less than 12 months

12 months or more

Total

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

(Dollars in thousands)

Value

Losses

Count

Value

Losses

Count

Value

Losses

Count

U.S. Treasury

$

$

$

31,797 

$

(4,395)

13 

$

31,797 

$

(4,395)

13 

Municipal

132,550 

(22,973)

164 

132,550 

(22,973)

164 

Corporate

23,237 

(2,133)

50 

23,237 

(2,133)

50 

Agency MBS & CMO

54,388 

(2,250)

15 

82,110 

(8,026)

183 

136,498 

(10,276)

198 

Non-Agency MBS & CMO

79,422 

(2,974)

26 

53,615 

(2,455)

50 

133,037 

(5,429)

76 

Asset-backed

733 

(1)

3 

19,061 

(503)

34 

19,794 

(504)

37 

Total unrealized losses

$

134,543 

$

(5,225)

44 

$

342,370 

$

(40,485)

494 

$

476,913 

$

(45,710)

538