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Investments (Tables)
6 Months Ended
Jun. 30, 2025
Investments [Abstract]  
Unrealized Gain (Loss) On Investments

(Dollars in thousands)

Gross

Gross

Amortized

unrealized

unrealized

Fair

June 30, 2025

cost

gains

losses

Value

U.S. Treasury

$

36,037

$

$

(3,175)

$

32,862

Municipal

154,914

(20,812)

134,102

Corporate

25,378

(1,875)

23,503

Agency MBS & CMO

142,114

23

(7,161)

134,976

Non-Agency MBS & CMO

130,390

121

(3,616)

126,895

Asset-backed

29,381

49

(509)

28,921

Total

$

518,214

$

193

$

(37,148)

$

481,259

(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

45,209

42,091

Due after five years through ten years

92,414

81,949

Due after ten years

78,706

66,427

216,329

190,467

MBS, CMO & ABS

301,885

290,792

$

518,214

$

481,259

Schedule Of Unrealized Loss On Investments

June 30, 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

$

$

$

32,862 

$

(3,175)

13 

$

32,862 

$

(3,175)

13 

Municipal

784 

(88)

2 

133,318 

(20,724)

163 

134,102 

(20,812)

165 

Corporate

486 

(14)

1 

23,017 

(1,861)

49 

23,503 

(1,875)

50 

Agency MBS & CMO

54,668 

(1,042)

19 

78,652 

(6,119)

171 

133,320 

(7,161)

190 

Non-Agency MBS & CMO

68,428 

(1,918)

17 

38,169 

(1,698)

39 

106,597 

(3,616)

56 

Asset-backed

4,738 

(15)

9 

18,794 

(494)

35 

23,532 

(509)

44 

Total unrealized losses

$

129,104 

$

(3,077)

48 

$

324,812 

$

(34,071)

470 

$

453,916 

$

(37,148)

518 

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