XML 39 R29.htm IDEA: XBRL DOCUMENT
v3.22.2

Investments (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2022
Investments [Abstract] |
Unrealized Gain (Loss) On Investments |
(Dollars in thousands) |  |  |  |  | Gross |  | Gross |  |  |
|  | Amortized |  | unrealized |  | unrealized |  | Fair
June 30, 2022 |  | cost |  | gains |  | losses |  | value
U.S. Treasury |  | $ | 92,465 |  | $ | — |  | $ | (8,396) |  | $ | 84,069
Municipal |  |  | 205,476 |  |  | 181 |  |  | (23,463) |  |  | 182,194
Corporate |  |  | 25,806 |  |  | 5 |  |  | (982) |  |  | 24,829
Agency mortgage & asset-backed |  |  | 174,471 |  |  | 51 |  |  | (9,549) |  |  | 164,973
Non-Agency mortgage & asset-backed |  |  | 56,139 |  |  | 1 |  |  | (2,418) |  |  | 53,722
Total |  | $ | 554,357 |  | $ | 238 |  | $ | (44,808) |  | $ | 509,787
(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 |  | $ | 4,617 |  | $ | 4,617
Due after one year through five years |  |  | 14,688 |  |  | 14,424
Due after five years through ten years |  |  | 147,650 |  |  | 134,703
Due after ten years |  |  | 156,792 |  |  | 137,348
|  |  | 323,747 |  |  | 291,092
Mortgage & asset-backed |  |  | 230,610 |  |  | 218,695
|  | $ | 554,357 |  | $ | 509,787
Schedule Of Unrealized Loss On Investments |
| June 30, 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 | $ | 84,069 |  | $ | (8,396) |  | 30 |  | $ | — |  | $ | — |  | — |  | $ | 84,069 |  | $ | (8,396) |  | 30
Municipal |  | 150,546 |  |  | (19,055) |  | 180 |  |  | 16,765 |  |  | (4,408) |  | 21 |  |  | 167,311 |  |  | (23,463) |  | 201
Corporate |  | 17,733 |  |  | (773) |  | 35 |  |  | 3,791 |  |  | (209) |  | 7 |  |  | 21,524 |  |  | (982) |  | 42
Agency mortgage & asset-backed |  | 104,881 |  |  | (5,120) |  | 176 |  |  | 50,711 |  |  | (4,429) |  | 54 |  |  | 155,592 |  |  | (9,549) |  | 230
Non-Agency mortgage & asset-backed |  | 46,211 |  |  | (2,176) |  | 44 |  |  | 4,756 |  |  | (242) |  | 6 |  |  | 50,967 |  |  | (2,418) |  | 50
Total temporarily impaired | $ | 403,440 |  | $ | (35,520) |  | 465 |  | $ | 76,023 |  | $ | (9,288) |  | 88 |  | $ | 479,463 |  | $ | (44,808) |  | 553
| 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 |
|  | Six Months Ended
(Dollars in thousands) |  | June 30,
|  | 2022 |  | 2021
Balance of cumulative credit-related OTTI at January 1 |  | $ | 257 |  | $ | 272
Decreases for previously recognized credit losses on securities that paid off or sold |  |  | (257) |  |  | (15)
Balance of credit-related OTTI at June 30 |  | $ | — |  | $ | 257

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of other than temporary impairment (OTTI) related to credit losses recognized in earnings including: (a) the beginning balance of the amount related to credit losses on debt securities held by the investor at the beginning of the period for which a portion of an OTTI was recognized in other comprehensive income; (b) additions for the amount related to the credit loss for which an OTTI was not previously recognized; (c) reductions for securities sold during the period (realized); (d) reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the investor intends to sell the security or more likely than not will be required to sell the security before recovery of its amortized cost basis; (e) additional increases to the amount related to the credit loss for which an OTTI was previously recognized when the investor does not intend to sell the security and it is not more likely than not that the investor will be required to sell the security before recovery of its amortized cost basis; (f) reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security; and (g) the ending balance of the amount related to credit losses on debt securities held by the entity at the end of the period for which a portion of an OTTI was recognized in other comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=126970911&loc=d3e27340-111563 + Details
Name: | us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=126970911&loc=d3e27290-111563 + Details
Name: | us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of unrealized gains and losses on investments. + References No definition available. + Details
Name: | us-gaap_UnrealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration