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Current Expected Credit Losses (Tables)
3 Months Ended
Mar. 31, 2020
Credit Loss [Abstract]  
Amortized Cost Basis in Sales-Type Leases based on Payment Activity

The following table presents amortized cost basis in sales-type leases based on payment activity:

 

 

 

Sales-Type Leases Amortized Cost Basis by Origination Year

 

(In thousands)

 

2020

 

 

2019

 

 

2018

 

 

2017

 

 

2016

 

 

Prior

 

 

Total

 

Payment performance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Performing

 

$

36

 

 

$

294

 

 

$

582

 

 

$

231

 

 

$

165

 

 

$

34

 

 

$

1,342

 

     Non-performing

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

36

 

 

$

294

 

 

$

582

 

 

$

231

 

 

$

165

 

 

$

34

 

 

$

1,342

 

 

Available-for-Sale Debt Securities in Unrealized Loss Position

The following table outlines the available-for-sale debt securities in an unrealized loss position as of January 1, 2020:

 

(In thousands)

 

Continuous Unrealized

Loss Position for Less

than 12 Months

 

 

Continuous Unrealized

Loss Position for 12

Months or Greater

 

 

Total

 

 

 

Fair Value

 

 

Unrealized

Losses

 

 

Fair Value

 

 

Unrealized

Losses

 

 

Fair Value

 

 

Unrealized

Losses

 

Corporate bonds

 

 

203

 

 

 

 

 

 

 

 

 

 

 

 

203

 

 

 

 

Municipal fixed-rate bonds

 

 

930

 

 

 

 

 

 

 

 

 

 

 

 

930

 

 

 

 

Asset-backed bonds

 

 

797

 

 

 

(3

)

 

 

 

 

 

 

 

 

797

 

 

 

(3

)

Mortgage/Agency-backed bonds

 

 

2,594

 

 

 

(6

)

 

 

136

 

 

 

(2

)

 

 

2,730

 

 

 

(8

)

U.S. government bonds

 

 

4,070

 

 

 

(9

)

 

 

 

 

 

 

 

 

4,070

 

 

 

(9

)

Total

 

$

8,594

 

 

$

(18

)

 

$

136

 

 

$

(2

)

 

$

8,730

 

 

$

(20

)

The Company had 60 positions in available-for-sale debt securities that were in an unrealized loss position as of March 31, 2020, which are presented in the table below:

 

(In thousands)

 

Continuous Unrealized

Loss Position for Less

than 12 Months

 

 

Continuous Unrealized

Loss Position for 12

Months or Greater

 

 

Total

 

 

 

Fair Value

 

 

Unrealized

Losses

 

 

Fair Value

 

 

Unrealized

Losses

 

 

Fair Value

 

 

Unrealized

Losses

 

Corporate bonds

 

 

4,166

 

 

 

(87

)

 

 

 

 

 

 

 

 

4,166

 

 

 

(87

)

Municipal fixed-rate bonds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-backed bonds

 

 

3,901

 

 

 

(76

)

 

 

 

 

 

 

 

 

3,901

 

 

 

(76

)

Mortgage/Agency-backed bonds

 

 

1,577

 

 

 

(62

)

 

 

 

 

 

 

 

 

1,577

 

 

 

(62

)

U.S. government bonds

 

 

1,242

 

 

 

(6

)

 

 

 

 

 

 

 

 

1,242

 

 

 

(6

)

Total

 

$

10,886

 

 

$

(231

)

 

$

 

 

$

 

 

$

10,886

 

 

$

(231

)