FAIR VALUE (Tables)

12 Months Ended

Dec. 31, 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:

	December 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	$	83,764	$	110,429	$	—	$	194,193
Obligations of states and political subdivisions	—		24,020		—		24,020
Corporate securities	—		278,302		—		278,302
International securities	—		29,750		—		29,750
Debt securities, at fair value	83,764		442,501		—		526,265
Equity securities, at fair value	17,361		2,678		—		20,039
Total investments, at fair value	$	101,125	$	445,179	$	—	$	546,304

	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

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)
December 31, 2019	$	3,453	$	878	$	—	$	4,331
December 31, 2018	3,809		1,155		—		4,964