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v3.24.3

Fair Value - Level 3 Assets (Details) - Level 3 - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2024 | Sep. 30, 2023 | Sep. 30, 2024 | Sep. 30, 2023
Roll forward of level 3 fair value measurements on a recurring basis |  |  |  |
Beginning balance | $ 42,261 | $ 16,398 | $ 24,368 | $ 22,559
Included in earnings | (57) | (139) | (559) | (525)
Included in other comprehensive income (loss) | 715 | 67 | 931 | 385
Purchases | 1,967 | 2,661 | 10,630 | 6,606
Sales | (420) | (884) | (1,372) | (1,922)
Transfers into Level 3 | 2,454 | 2,208 | 24,470 | 5,860
Transfers out of Level 3 | (20,560) | (4,838) | (32,108) | (17,490)
Ending balance | 26,360 | 15,473 | 26,360 | 15,473
Available-for-sale securities |  |  |  |
Roll forward of level 3 fair value measurements on a recurring basis |  |  |  |
Beginning balance | 33,763 | 11,668 | 17,034 | 18,780
Included in earnings | (574) | (172) | (1,223) | (551)
Included in other comprehensive income (loss) | 715 | 67 | 931 | 385
Purchases | 1,967 | 1,661 | 8,611 | 4,648
Sales | (420) | (884) | (1,288) | (1,922)
Transfers into Level 3 | 2,454 | 2,208 | 23,926 | 5,860
Transfers out of Level 3 | (18,504) | (3,031) | (28,590) | (15,683)
Ending balance | 19,401 | 11,517 | 19,401 | 11,517
Available-for-sale securities | Corporate debt securities |  |  |  |
Roll forward of level 3 fair value measurements on a recurring basis |  |  |  |
Beginning balance | 8,543 | 5,123 | 4,506 | 3,686
Included in earnings | (166) | 10 | (141) | (4)
Included in other comprehensive income (loss) | 45 | 123 | 66 | 245
Purchases | 865 | 1,661 | 5,704 | 3,193
Sales | (392) | (511) | (1,215) | (1,256)
Transfers into Level 3 | 1,142 | 730 | 4,966 | 3,883
Transfers out of Level 3 | (6,396) | (3,031) | (10,245) | (5,642)
Ending balance | 3,641 | 4,105 | 3,641 | 4,105
Available-for-sale securities | Commercial mortgage-backed securities |  |  |  |
Roll forward of level 3 fair value measurements on a recurring basis |  |  |  |
Beginning balance | 25,220 | 6,533 | 10,994 | 10,910
Included in earnings | (408) | (182) | (1,077) | (542)
Included in other comprehensive income (loss) | 670 | (56) | 889 | 44
Purchases | 1,102 | 0 | 2,907 | 1,455
Sales | (28) | (366) | (33) | (551)
Transfers into Level 3 | 1,312 | 1,478 | 18,960 | 1,944
Transfers out of Level 3 | (12,108) | 0 | (16,880) | (5,853)
Ending balance | 15,760 | 7,407 | 15,760 | 7,407
Available-for-sale securities | Residential mortgage- backed securities |  |  |  |
Roll forward of level 3 fair value measurements on a recurring basis |  |  |  |
Beginning balance |  | 12 | 1,534 | 4,184
Included in earnings |  | 0 | (5) | (5)
Included in other comprehensive income (loss) |  | 0 | (24) | 96
Purchases |  | 0 | 0 | 0
Sales |  | (7) | (40) | (115)
Transfers into Level 3 |  | 0 | 0 | 33
Transfers out of Level 3 |  | 0 | (1,465) | (4,188)
Ending balance | 0 | 5 | 0 | 5
Equity securities | Equity securities |  |  |  |
Roll forward of level 3 fair value measurements on a recurring basis |  |  |  |
Beginning balance | 8,498 | 4,730 | 7,334 | 3,779
Included in earnings | 517 | 33 | 664 | 26
Included in other comprehensive income (loss) | 0 | 0 | 0 | 0
Purchases | 0 | 1,000 | 2,019 | 1,958
Sales | 0 | 0 | (84) | 0
Transfers into Level 3 | 0 | 0 | 544 | 0
Transfers out of Level 3 | (2,056) | (1,807) | (3,518) | (1,807)
Ending balance | $ 6,959 | $ 3,956 | $ 6,959 | $ 3,956

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