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Investments (Tables)

3 Months Ended

Mar. 31, 2024

Investments [Abstract]

Unrealized Gain (Loss) On Investments



(Dollars in thousands)					Gross			Gross
		Amortized			unrealized			unrealized			Fair
March 31, 2024		cost			gains			losses			Value
U.S. Treasury		$	83,317		$	—		$	(10,207)		$	73,110
Municipal			161,016			—			(23,560)			137,456
Corporate			26,341			1			(2,890)			23,452
Agency mortgage & asset-backed			137,883			161			(9,718)			128,326
Non-Agency mortgage & asset-backed			104,183			36			(3,612)			100,607
Total		$	512,740		$	198		$	(49,987)		$	462,951



(Dollars in thousands)					Gross			Gross
		Amortized			unrealized			unrealized			Fair
December 31, 2023		cost			gains			losses			value
U.S. Treasury		$	83,494		$	—		$	(9,403)		$	74,091
Municipal			161,339			—			(22,721)			138,618
Corporate			26,336			—			(3,138)			23,198
Agency mortgage & asset-backed			142,565			90			(10,064)			132,591
Non-Agency mortgage & asset-backed			108,185			48			(4,228)			104,005
Total		$	521,919		$	138		$	(49,554)		$	472,503

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			78,032			69,240
Due after five years through ten years			87,037			75,338
Due after ten years			105,605			89,440
			270,674			234,018
Mortgage & asset-backed			242,066			228,933
		$	512,740		$	462,951

Composition Of Net Realized Securities Gains (Losses)



		For the Three Months Ended
		March 31,
(Dollars in thousands)		2024			2023
Proceeds		$	—		$	32,855
Gross gains realized		$	—		$	12
Gross losses realized			—			(614)
Net (losses) gains realized		$	—		$	(602)

Tax benefit (provision) on net (losses) gains realized		$	—		$	126

Schedule Of Unrealized Loss On Investments



	March 31, 2024
	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	$	—		$	—		—		$	73,110		$	(10,207)		28		$	73,110		$	(10,207)		28
Municipal		—			—		—			137,456			(23,560)		168			137,456			(23,560)		168
Corporate		—			—		—			22,470			(2,890)		50			22,470			(2,890)		50
Agency mortgage & asset-backed		2,116			(17)		12			111,772			(9,701)		221			113,888			(9,718)		233
Non-Agency mortgage & asset-backed		43,919			(223)		18			46,654			(3,389)		53			90,573			(3,612)		71
Total temporarily impaired	$	46,035		$	(240)		30		$	391,462		$	(49,747)		520		$	437,497		$	(49,987)		550



	December 31, 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	$	—		$	—		—		$	74,091		$	(9,403)		28		$	74,091		$	(9,403)		28
Municipal		—			—		—			138,618			(22,721)		168			138,618			(22,721)		168
Corporate		1,483			(167)		5			21,715			(2,971)		46			23,198			(3,138)		51
Agency mortgage & asset-backed		6,227			(186)		19			118,053			(9,878)		223			124,280			(10,064)		242
Non-Agency mortgage & asset-backed		47,928			(560)		19			50,071			(3,668)		56			97,999			(4,228)		75
Total temporarily impaired	$	55,638		$	(913)		43		$	402,548		$	(48,641)		521		$	458,186		$	(49,554)		564