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