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Investments (Tables)
3 Months Ended
Mar. 31, 2022
Investments [Abstract]  
Unrealized Gain (Loss) On Investments

(Dollars in thousands)

Gross

Gross

Amortized

unrealized

unrealized

Fair

March 31, 2022

cost

gains

losses

value

U.S. Treasury

$

84,725

$

$

(5,713)

$

79,012

Municipal

205,912

811

(10,920)

195,803

Corporate

25,300

69

(639)

24,730

Agency mortgage & asset-backed

174,496

117

(6,208)

168,405

Non-Agency mortgage & asset-backed

44,668

11

(1,152)

43,527

Total

$

535,101

$

1,008

$

(24,632)

$

511,477

(Dollars in thousands)

Gross

Gross

Amortized

unrealized

unrealized

Fair

December 31, 2021

cost

gains

losses

value

U.S. Treasury

$

84,896

$

88

$

(698)

$

84,286

Municipal

206,501

7,148

(1,422)

212,227

Corporate

24,794

333

(188)

24,939

Agency mortgage & asset-backed

178,614

1,157

(2,086)

177,685

Non-Agency mortgage & asset-backed

30,912

34

(272)

30,674

Total

$

525,717

$

8,760

$

(4,666)

$

529,811

Amortized Cost And Fair Value Of Debt Securities, By Contractual Maturity

(Dollars in thousands)

Amortized
cost

Fair
value

Due in one year or less

$

1,667

$

1,682

Due after one year through five years

8,933

8,848

Due after five years through ten years

144,994

137,312

Due after ten years

160,343

151,703

315,937

299,545

Mortgage & asset-backed

219,164

211,932

$

535,101

$

511,477

Schedule Of Unrealized Loss On Investments

March 31, 2022

Less than 12 months

12 months or more

Total

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

(Dollars in thousands)

Value

Losses

Count

Value

Losses

Count

Value

Losses

Count

U.S. Treasury

$

79,012 

$

(5,713)

28 

$

$

$

79,012 

$

(5,713)

28 

Municipal

143,337 

(8,389)

158 

18,653 

(2,531)

21 

161,990 

(10,920)

179 

Corporate

13,989 

(420)

27 

3,781 

(219)

7 

17,770 

(639)

34 

Agency mortgage & asset-backed

124,484 

(4,592)

165 

26,240 

(1,616)

28 

150,724 

(6,208)

193 

Non-Agency mortgage & asset-backed

28,847 

(981)

25 

3,698 

(171)

5 

32,545 

(1,152)

30 

Total temporarily impaired

$

389,669 

$

(20,095)

403 

$

52,372 

$

(4,537)

61 

$

442,041 

$

(24,632)

464 

December 31, 2021

Less than 12 months

12 months or more

Total

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

(Dollars in thousands)

Value

Losses

Count

Value

Losses

Count

Value

Losses

Count

U.S. Treasury

$

76,383 

$

(698)

21 

$

$

$

76,383 

$

(698)

21 

Municipal

38,997 

(910)

44 

15,404 

(512)

16 

54,401 

(1,422)

60 

Corporate

8,954 

(132)

17 

1,694 

(56)

3 

10,648 

(188)

20 

Agency mortgage & asset-backed

96,923 

(1,669)

94 

15,991 

(417)

18 

112,914 

(2,086)

112 

Non-Agency mortgage & asset-backed

15,215 

(215)

11 

1,964 

(57)

3 

17,179 

(272)

14 

Total temporarily impaired

$

236,472 

$

(3,624)

187 

$

35,053 

$

(1,042)

40 

$

271,525 

$

(4,666)

227 

Other Than Temporary Impairment, Credit Losses Recognized In Earnings

Three Months Ended

(Dollars in thousands)

March 31,

2022

2021

Balance of cumulative credit-related OTTI at January 1

$

257

$

272

Decreases for previously recognized credit losses on securities that paid off

(15)

Balance of credit-related OTTI at March 31

$

257

$

257