Comprehensive Income and Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2022

Equity [Abstract]

Schedule of Changes in Accumulated Other Comprehensive Income (Loss) (AOCI)

The following table illustrates the changes in the balance of each component of accumulated other comprehensive income (loss) for each period presented in the interim financial statements.

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2022			2021			2022			2021
	(in thousands)
Balance, beginning of period	$	(8,874	)	$	16,862		$	13,537		$	21,019
Other comprehensive loss before    reclassification		(10,252	)		(1,614	)		(31,956	)		(4,210	)
Amounts reclassified from accumulated other    comprehensive income (loss)		(838	)		(262	)		(1,545	)		(1,823	)
Net current period other comprehensive    loss		(11,090	)		(1,876	)		(33,501	)		(6,033	)
Balance, end of period	$	(19,964	)	$	14,986		$	(19,964	)	$	14,986

Reclassification Out of Accumulated Other Comprehensive Income (Loss)

The effects of reclassifications out of accumulated other comprehensive income (loss) by the respective line items of net income are presented in the following table.

Component of Accumulated Other	Three Months Ended						Nine Months Ended						Affected line item in the
Comprehensive Income (Loss)	September 30,						September 30,						statement of income
	2022			2021			2022			2021
	(in thousands)
Unrealized gains on debt    securities, net of tax	$	1,061		$	331		$	1,955		$	2,307		Net realized gains (losses)    on investments
		1,061			331			1,955			2,307		Income before income taxes
Unrealized gains on debt    securities, net of tax		(223	)		(69	)		(410	)		(484	)	Income tax expense
	$	838		$	262		$	1,545		$	1,823		Net income