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

(Dollars in thousands)

Gross

Gross

Amortized

unrealized

unrealized

Fair

September 30, 2025

cost

gains

losses

Value

U.S. Treasury

$

35,958

$

$

(2,891)

$

33,067

Municipal

154,608

(17,910)

136,698

Corporate

21,482

2

(1,253)

20,231

Agency MBS & CMO

138,466

112

(6,202)

132,376

Non-Agency MBS & CMO

120,797

293

(2,320)

118,770

Asset-backed

28,398

101

(356)

28,143

Total

$

499,709

$

508

$

(30,932)

$

469,285

(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

48,468

45,527

Due after five years through ten years

94,543

84,340

Due after ten years

69,037

60,129

212,048

189,996

MBS, CMO & ABS

287,661

279,289

$

499,709

$

469,285

Schedule Of Unrealized Loss On Investments

September 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

$

$

$

33,067 

$

(2,891)

13 

$

33,067 

$

(2,891)

13 

Municipal

791 

(80)

2 

135,907 

(17,830)

163 

136,698 

(17,910)

165 

Corporate

18,988 

(1,253)

40 

18,988 

(1,253)

40 

Agency MBS & CMO

2,673 

(8)

15 

120,007 

(6,194)

170 

122,680 

(6,202)

185 

Non-Agency MBS & CMO

2,445 

(4)

3 

79,608 

(2,316)

43 

82,053 

(2,320)

46 

Asset-backed

1,785 

(17)

4 

15,533 

(339)

31 

17,318 

(356)

35 

Total unrealized losses

$

7,694 

$

(109)

24 

$

403,110 

$

(30,823)

460 

$

410,804 

$

(30,932)

484 

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