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Investments (Tables)

9 Months Ended

Sep. 30, 2023

Investments [Abstract]

Unrealized Gain (Loss) On Investments

(Dollars in thousands)					Gross			Gross
		Amortized			unrealized			unrealized			Fair
September 30, 2023		cost			gains			losses			Value
U.S. Treasury		$	83,672		$	—		$	(12,531)		$	71,141
Municipal			161,659			—			(32,942)			128,717
Corporate			26,331			—			(3,348)			22,983
Agency mortgage & asset-backed			147,099			81			(12,810)			134,370
Non-Agency mortgage & asset-backed			106,767			7			(5,709)			101,065
Total		$	525,528		$	88		$	(67,340)		$	458,276

(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

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

(Dollars in thousands)		Amortized ‎cost			Fair ‎value
Due in one year or less		$	—		$	—
Due after one year through five years			44,354			38,583
Due after five years through ten years			117,050			97,821
Due after ten years			110,258			86,437
			271,662			222,841
Mortgage & asset-backed			253,866			235,435
		$	525,528		$	458,276

Composition Of Net Realized Securities Gains (Losses)

		For the Three Months Ended						For the Nine Months Ended
		September 30,						September 30,
(Dollars in thousands)		2023			2022			2023			2022
Proceeds		$	—		$	1,000		$	40,117		$	1,082
Gross gains realized		$	—		$	—		$	12		$	—
Gross losses realized			—			(15)			(1,131)			(34)
Net (losses) gains realized		$	—		$	(15)		$	(1,119)		$	(34)
Tax benefit (provision) on net (losses) gains realized		$	—		$	3		$	235		$	7

Schedule Of Unrealized Loss On Investments

	September 30, 2023
	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	$	—		$	—		—		$	71,141		$	(12,531)		28		$	71,141		$	(12,531)		28
Municipal		810			(193)		2			127,907			(32,749)		166			128,717			(32,942)		168
Corporate		1,483			(167)		5			21,500			(3,181)		46			22,983			(3,348)		51
Agency mortgage & asset-backed		7,716			(195)		22			120,909			(12,615)		228			128,625			(12,810)		250
Non-Agency mortgage & asset-backed		49,219			(859)		25			48,230			(4,850)		56			97,449			(5,709)		81
Total temporarily impaired	$	59,228		$	(1,414)		54		$	389,687		$	(65,926)		524		$	448,915		$	(67,340)		578

	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			(20,980)		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

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Tabular disclosure of the proceeds from sales of available-for-sale securities and the gross realized gains and gross realized losses that have been included in earnings as a result of those sales.

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