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Investments (Tables)
6 Months Ended
Jun. 30, 2026
Investments [Abstract]  
Unrealized Gain (Loss) On Investments

(Dollars in thousands)

Gross

Gross

Amortized

unrealized

unrealized

Fair

June 30, 2026

cost

gains

losses

Value

U.S. Treasury

$

65,781

$

$

(2,829)

$

62,952

Municipal

153,681

(16,765)

136,916

Corporate

8,479

(587)

7,892

Agency MBS & CMO

131,882

91

(6,448)

125,525

Non-Agency MBS & CMO

96,088

147

(2,444)

93,791

Asset-backed

25,517

89

(337)

25,269

Total

$

481,428

$

327

$

(29,410)

$

452,345

(Dollars in thousands)

Gross

Gross

Amortized

unrealized

unrealized

Fair

December 31, 2025

cost

gains

losses

value

U.S. Treasury

$

35,880

$

$

(2,617)

$

33,263

Municipal

154,301

(16,462)

137,839

Corporate

15,536

(861)

14,675

Agency MBS & CMO

135,308

136

(5,584)

129,860

Non-Agency MBS & CMO

112,860

477

(1,669)

111,668

Asset-backed

27,519

78

(316)

27,281

Total

$

481,404

$

691

$

(27,509)

$

454,586

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

(Dollars in thousands)

Amortized
cost

Fair
value

Due in one year or less

$

31,053

$

31,013

Due after one year through five years

62,463

58,114

Due after five years through ten years

81,022

70,761

Due after ten years

53,403

47,872

227,941

207,760

MBS, CMO & ABS

253,487

244,585

Total

$

481,428

$

452,345

Schedule Of Unrealized Loss On Investments

June 30, 2026

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

$

30,019 

$

(39)

1 

$

32,933 

$

(2,790)

13 

$

62,952 

$

(2,829)

14 

Municipal

882 

(122)

2 

136,034 

(16,643)

164 

136,916 

(16,765)

166 

Corporate

994 

(1)

1 

6,898 

(586)

16 

7,892 

(587)

17 

Agency MBS & CMO

36,401 

(841)

21 

76,550 

(5,607)

154 

112,951 

(6,448)

175 

Non-Agency MBS & CMO

50,701 

(1,118)

15 

21,574 

(1,326)

30 

72,275 

(2,444)

45 

Asset-backed

2,896 

(8)

5 

13,522 

(329)

31 

16,418 

(337)

36 

Total unrealized losses

$

121,893 

$

(2,129)

45 

$

287,511 

$

(27,281)

408 

$

409,404 

$

(29,410)

453 

December 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

$

$

$

33,263 

$

(2,617)

13 

$

33,263 

$

(2,617)

13 

Municipal

1,683 

(192)

4 

136,156 

(16,270)

162 

137,839 

(16,462)

166 

Corporate

986 

(6)

1 

13,389 

(855)

26 

14,375 

(861)

27 

Agency MBS & CMO

776 

(2)

10 

118,183 

(5,582)

170 

118,959 

(5,584)

180 

Non-Agency MBS & CMO

1,870 

(3)

3 

74,365 

(1,666)

40 

76,235 

(1,669)

43 

Asset-backed

2,768 

(18)

5 

15,538 

(298)

32 

18,306 

(316)

37 

Total unrealized losses

$

8,083 

$

(221)

23 

$

390,894 

$

(27,288)

443 

$

398,977 

$

(27,509)

466