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

(Dollars in thousands)

Gross

Gross

Amortized

unrealized

unrealized

Fair

December 31, 2022

cost

gains

losses

value

U.S. Treasury

$

101,980

$

$

(11,723)

$

90,257

Municipal

186,007

14

(30,566)

155,455

Corporate

26,316

(2,077)

24,239

Agency mortgage & asset-backed

163,274

19

(12,358)

150,935

Non-Agency mortgage & asset-backed

70,756

1

(4,807)

65,950

Total

$

548,333

$

34

$

(61,531)

$

486,836

(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

$

12,815

$

12,782

Due after one year through five years

13,242

12,666

Due after five years through ten years

151,852

131,416

Due after ten years

136,394

113,087

314,303

269,951

Mortgage-backed and asset-backed securities

234,030

216,885

Total

$

548,333

$

486,836

Composition Of Net Realized Securities (Losses) Gains

(Dollars in thousands)

2022

2021

Proceeds

$

19,629

$

36,666

Gross gains realized

61

626

Gross losses realized

(152)

(499)

Net (losses)/gains realized

$

(91)

$

127

Tax provision on net (losses)/gains realized

$

19

$

(27)

Schedule Of Unrealized Loss On Investments

December 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

$

17,598 

$

(183)

3 

$

72,659 

$

(11,540)

28 

$

90,257 

$

(11,723)

31 

Municipal

73,644 

(9,586)

90 

80,503 

(20,981)

104 

154,147 

(30,566)

194 

Corporate

12,221 

(851)

25 

10,368 

(1,226)

21 

22,589 

(2,077)

46 

Agency mortgage & asset-backed

55,393 

(2,747)

139 

88,953 

(9,611)

113 

144,346 

(12,358)

252 

Non-Agency mortgage & asset-backed

49,301 

(3,092)

52 

14,207 

(1,715)

16 

63,508 

(4,807)

68 

Total temporarily impaired

$

208,157 

$

(16,459)

309 

$

266,690 

$

(45,072)

282 

$

474,847 

$

(61,531)

591 

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

(Dollars in thousands)

Twelve Months Ended

2022

2021

Balance of cumulative credit-related OTTI at January 1

$

257

$

257

Decreases for previously recognized credit losses on securities that paid off or sold

(257)

Balance of credit-related OTTI at December 31

$

$

257