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

6 Months Ended

Jun. 30, 2023

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						Six Months Ended
	June 30,						June 30,
	2023			2022			2023			2022
	(in thousands)
Balance, beginning of period	$	(9,484	)	$	57		$	(13,828	)	$	13,537
Other comprehensive income (loss)    before reclassification		(2,765	)		(8,248	)		1,574			(21,705	)
Amounts reclassified from accumulated    other comprehensive loss		149			(683	)		154			(706	)
Net current period other comprehensive    income (loss)		(2,616	)		(8,931	)		1,728			(22,411	)
Balance, end of period	$	(12,100	)	$	(8,874	)	$	(12,100	)	$	(8,874	)

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						Six Months Ended						Affected line item in the
Comprehensive Income (Loss)	June 30,						June 30,						statement of income
	2023			2022			2023			2022
	(in thousands)
Unrealized gains (losses) on    debt securities, net of tax	$	(189	)	$	865		$	(195	)	$	894		Net realized gains    on investments
		(189	)		865			(195	)		894		Income before income taxes
Unrealized gains (losses) on    debt securities, net of tax		40			(182	)		41			(188	)	Income tax expense
	$	(149	)	$	683		$	(154	)	$	706		Net income