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Investments (Tables)

6 Months Ended

Jun. 30, 2024

Investments [Abstract]

Unrealized Gain (Loss) On Investments

(Dollars in thousands)					Gross			Gross
		Amortized			unrealized			unrealized			Fair
June 30, 2024		cost			gains			losses			Value
U.S. Treasury		$	83,139		$	—		$	(10,119)		$	73,020
Municipal			158,445			—			(23,744)			134,701
Corporate			26,346			—			(2,658)			23,688
Agency mortgage & asset-backed			133,119			187			(9,523)			123,783
Non-Agency mortgage & asset-backed			102,758			34			(3,519)			99,273
Total		$	503,807		$	221		$	(49,563)		$	454,465

(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			85,160			75,619
Due after five years through ten years			80,052			69,302
Due after ten years			102,718			86,488
			267,930			231,409
Mortgage & asset-backed			235,877			223,056
		$	503,807		$	454,465

Composition Of Net Realized Securities Gains (Losses)

		For the Three Months Ended						For the Six Months Ended
		June 30,						June 30,
(Dollars in thousands)		2024			2023			2024			2023
Proceeds		$	—		$	7,262		$	—		$	40,117
Gross gains realized		$	—		$	—		$	—		$	12
Gross losses realized			—			(517)			—			(1,131)
Net (losses) gains realized		$	—		$	(517)		$	—		$	(1,119)
Tax benefit (provision) on net (losses) gains realized		$	—		$	109		$	—		$	235

Schedule Of Unrealized Loss On Investments

	June 30, 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	$	—		$	—		—		$	73,020		$	(10,119)		226		$	73,020		$	(10,119)		226
Municipal		—			—		—			134,701			(23,744)		50			134,701			(23,744)		50
Corporate		978			(5)		1			22,710			(2,653)		166			23,688			(2,658)		167
Agency mortgage & asset-backed		745			(10)		4			108,925			(9,513)		57			109,670			(9,523)		61
Non-Agency mortgage & asset-backed		38,658			(194)		19			57,302			(3,325)		28			95,960			(3,519)		47
Total temporarily impaired	$	40,381		$	(209)		24		$	396,658		$	(49,354)		527		$	437,039		$	(49,563)		551

	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

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Tabular disclosure of fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset.

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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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