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FAIR VALUE (Tables)
12 Months Ended
Dec. 31, 2020
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, 2020
Level 1Level 2Level 3Total
(In thousands)
Debt securities - available-for-sale, at fair value:    
United States government obligations and authorities$38,511 $133,264 $— $171,775 
Obligations of states and political subdivisions— 22,264 — 22,264 
Corporate securities— 266,528 — 266,528 
International securities— 27,643 — 27,643 
Debt securities, at fair value38,511 449,699 — 488,210 
    
Equity securities, at fair value1,881 1,276 — 3,157 
    
Total investments, at fair value$40,392 $450,975 $— $491,367 

December 31, 2019
Level 1Level 2Level 3Total
(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 value83,764 442,501 — 526,265 
    
Equity securities, at fair value17,361 2,678 — 20,039 
    
Total investments, at fair value$101,125 $445,179 $— $546,304 

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 1Level 2Level 3Total
(In thousands)
December 31, 2020$— $— $— $— 
December 31, 20193,453 878 — 4,331