FAIR VALUE (Tables)

9 Months Ended

Sep. 30, 2019

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis

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:

	September 30, 2019
	Level 1		Level 2		Level 3		Total
	(In thousands)
Debt securities - available-for-sale, at fair value:
United States government obligations and authorities	$	73,590	$	100,650	$	—	$	174,240
Obligations of states and political subdivisions	—		13,328		—		13,328
Corporate securities	—		255,399		—		255,399
International securities	—		25,163		—		25,163
Debt securities, at fair value	73,590		394,540		—		468,130
Equity securities, at fair value	16,570		2,444		—		19,014
Total investments, at fair value	$	90,160	$	396,984	$	—	$	487,144

໿

	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

Fair Value, Assets Measured on Recurring and Nonrecurring Basis

Held-to-maturity debt securities reported on the consolidated balance sheets at amortized cost and disclosed at fair value below (and in Note 5) and the level of fair value hierarchy of inputs used consisted of the following:

	Level 1		Level 2		Level 3		Total
	(In thousands)
September 30, 2019	$	3,435	$	914	$	—	$	4,349
December 31, 2018	3,809		1,155		—		4,964