XML 42 R32.htm IDEA: XBRL DOCUMENT v3.25.1
Securities Held-To-Maturity (Tables)
 3 Months Ended
Mar. 31, 2025
Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss, Maturity [Abstract]  
Schedule of Securities Held-To-Maturity
A summary of our securities held-to-maturity is as follows (in thousands):
Face ValueNet Carrying
Value		Unrealized
Gain (Loss)		Estimated
Fair Value 		Allowance for
Credit Losses
March 31, 2025
APL certificates$192,791 $136,254 $(19,134)$117,120 $1,659 
B Piece bonds37,170 22,404 9,759 32,163 9,108 
Total$229,961 $158,658 $(9,375)$149,283 $10,767 
December 31, 2024
APL certificates$192,791 $134,834 $(22,803)$112,031 $1,658 
B Piece bonds37,221 22,320 10,157 32,477 9,188 
Total$230,012 $157,154 $(12,646)$144,508 $10,846 
Schedule of Changes in the Allowance for Credit Losses
A summary of the changes in the allowance for credit losses for our securities held-to-maturity is as follows (in thousands):
Three Months Ended March 31, 2025
APL CertificatesB Piece BondsTotal
Beginning balance$1,658 $9,188 $10,846 
Provision for credit loss expense/(reversal)1 (80)(79)
Ending balance$1,659 $9,108 $10,767 
Three Months Ended March 31, 2024
Beginning balance$2,272 $3,984 $6,256 
Provision for credit loss expense/(reversal)(115)1,456 1,341 
Ending balance$2,157 $5,440 $7,597