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Other Investment Securities (Tables)
9 Months Ended
Sep. 30, 2024
Other Investment Securities [Abstract]  
Schedule Of Other Investment Securities
The carrying amounts of other investment securities at September 30, 2024 and December 31, 2023 were as follows:
 
(In thousands)September 30, 2024December 31, 2023
FHLB stock$10,990 $17,754 
FRB stock14,653 14,653 
Equity investments carried at fair value7,861 2,089 
Equity investments carried at modified cost (1)
19,347 15,921 
Equity investments carried at NAV50,571 45,885 
Total other investment securities$103,422 $96,302 
(1) There have been no impairments or downward adjustments made to equity investments carried at modified cost. Cumulatively, upward adjustments of $1.4 million have been recorded as a result of observable price changes. There were $571,000 in upward adjustments recorded during the nine months ended September 30, 2024 as a result of observable price changes. There were no adjustments recorded during the three months ended September 30, 2024 as a result of observable price changes. There were no adjustments recorded during the three months and nine months ended September 30, 2023 as a result of observable price changes.