FAIR VALUE (Tables)

3 Months Ended

Mar. 31, 2019

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis

Held-to-maturity debt securities reported on the consolidated balance sheets at amortized cost and disclosed at fair value below (and in Note 4) and the level of fair value hierarchy of inputs used consisted of the following:

	Level 1		Level 2		Level 3		Total
	(In thousands)
March 31, 2019	$	3,360	$	1,109	$	—	$	4,469
December 31, 2018	3,809		1,155		—		4,964

The Company’s financial instruments measured at fair value on a recurring basis and the level of the fair value hierarchy of inputs used consisted of the following:

	March 31, 2019
	Level 1		Level 2		Level 3		Total
	(In thousands)
Debt securities - available-for-sale, at fair value:
United States government obligations and authorities	$	43,412	$	102,550	$	—	$	145,962
Obligations of states and political subdivisions	—		11,519		—		11,519
Corporate securities	—		263,385		—		263,385
International securities	—		22,592		—		22,592
Debt securities, at fair value	43,412		400,046		—		443,458
Equity securities, at fair value	18,907		1,917		—		20,824
Total investments, at fair value	$	62,319	$	401,963	$	—	$	464,282

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	December 31, 2018
	Level 1		Level 2		Level 3		Total
	(In thousands)
Debt securities - available-for-sale, at fair value:
United States government obligations and authorities	$	43,918	$	83,950	$	—	$	127,868
Obligations of states and political subdivisions	—		9,767		—		9,767
Corporate securities	—		268,731		—		268,731
International securities	—		22,275		—		22,275
Debt securities, at fair value	43,918		384,723		—		428,641
Equity securities, at fair value	16,037		1,721		—		17,758
Total investments, at fair value	$	59,955	$	386,444	$	—	$	446,399