3. Trading Securities

12 Months Ended

Dec. 31, 2019

Investments, Debt and Equity Securities [Abstract]

Trading Securities

3.  TRADING SECURITIES

Trading securities for the periods presented were comprised of the following:

	Cost		Gross Unrealized Gain		Gross Unrealized Loss			Fair Value
	(In thousands)
Security Type
December 31, 2019:
Trading securities - debt	$	93,712	$	143	$	(12	)	$	93,843
Trading securities - equity		17,674		211		(745	)		17,140
	$	111,386	$	354	$	(757	)	$	110,983
December 31, 2018:
Trading securities - debt	$	33,643	$	18	$	(19	)	$	33,642
Trading securities - equity		3,389		27		(404	)		3,012
	$	37,032	$	45	$	(423	)	$	36,654

Trading securities as of December 31, 2019 and 2018, were comprised of investments in corporate bonds (debt securities) and investments in equity securities of publicly held companies (equity securities). For the year ended December 31, 2019, proceeds from the sale and maturity of debt securities and equity securities were $49,751,000 and $25,339,000, respectively. For the year ended December 31, 2018, proceeds from the sale and maturity of debt securities and equity securities were $65,144,000 and $1,496,000, respectively.