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Comprehensive Income and Accumulated Other Comprehensive Income (Tables) | 12 Months Ended
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Dec. 31, 2022
Equity [Abstract] |
Schedule of Changes in Accumulated Other Comprehensive Income (AOCI) | The following table illustrates the changes in the balance of each component of accumulated other comprehensive income (loss) for each period presented in the financial statements.
|  | Year Ended December 31, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
|  | (in thousands) |
Balance, beginning of period |  | $ | 13,537 |  |  | $ | 21,019 |  |  | $ | 12,211 |
Other comprehensive income (loss) before reclassification |  |  | (24,966 | ) |  |  | (5,289 | ) |  |  | 9,538 |
Amounts reclassified from accumulated other comprehensive income (loss) |  |  | (2,399 | ) |  |  | (2,193 | ) |  |  | (730 | )
Net current period other comprehensive income (loss) |  |  | (27,365 | ) |  |  | (7,482 | ) |  |  | 8,808 |
Balance, end of period |  | $ | (13,828 | ) |  | $ | 13,537 |  |  | $ | 21,019 |
Reclassification Out of Accumulated Other Comprehensive Income | The effects of reclassifications out of accumulated other comprehensive income by the respective line items of net income are presented in the following table.
Component of Accumulated Other Comprehensive Income |  | Year Ended December 31, |  |  | Affected line item in the statement of income
|  | 2022 |  |  | 2021 |  |  | 2020 |  |  |
|  | (in thousands) |  |  |
Unrealized gains on available-for- sale securities |  | $ | 3,037 |  |  | $ | 2,776 |  |  | $ | 925 |  |  | Net realized gains on investments
|  |  | 3,037 |  |  |  | 2,776 |  |  |  | 925 |  |  | Income before income taxes
|  |  | (638 | ) |  |  | (583 | ) |  |  | (195 | ) |  | Income tax expense
|  | $ | 2,399 |  |  | $ | 2,193 |  |  | $ | 730 |  |  | Net income
Other Comprehensive Income |
|  | Pre-Tax Amount |  |  | Tax Expense (Benefit) |  |  | Net-of-Tax Amount |
|  | (in thousands) |
December 31, 2022 |  |  |  |  |  |  |  |  |
Unrealized loss on securities: |  |  |  |  |  |  |  |  |
Unrealized loss on available-for-sale securities |  | $ | (31,602 | ) |  | $ | (6,636 | ) |  | $ | (24,966 | )
Reclassification adjustment for gains realized in net income |  |  | (3,037 | ) |  |  | (638 | ) |  |  | (2,399 | )
Net unrealized loss |  |  | (34,639 | ) |  |  | (7,274 | ) |  |  | (27,365 | )
Other comprehensive loss |  | $ | (34,639 | ) |  | $ | (7,274 | ) |  | $ | (27,365 | )
December 31, 2021 |  |  |  |  |  |  |  |  |
Unrealized loss on securities: |  |  |  |  |  |  |  |  |
Unrealized loss on available-for-sale securities |  | $ | (6,695 | ) |  | $ | (1,406 | ) |  | $ | (5,289 | )
Reclassification adjustment for losses realized in net income |  |  | (2,776 | ) |  |  | (583 | ) |  |  | (2,193 | )
Net unrealized loss |  |  | (9,471 | ) |  |  | (1,989 | ) |  |  | (7,482 | )
Other comprehensive loss |  | $ | (9,471 | ) |  | $ | (1,989 | ) |  | $ | (7,482 | )
December 31, 2020 |  |  |  |  |  |  |  |  |
Unrealized gain on securities: |  |  |  |  |  |  |  |  |
Unrealized gain on available-for-sale securities |  | $ | 12,074 |  |  | $ | 2,536 |  |  | $ | 9,538 |
Reclassification adjustment for gains realized in net income |  |  | (925 | ) |  |  | (195 | ) |  |  | (730 | )
Net unrealized gain |  |  | 11,149 |  |  |  | 2,341 |  |  |  | 8,808 |
Other comprehensive income |  | $ | 11,149 |  |  | $ | 2,341 |  |  | $ | 8,808 |

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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
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- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=126968391&loc=d3e526-108580 + Details
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