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FAIR VALUE (Tables)
12 Months Ended
Dec. 31, 2021
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, 2021
Level 1Level 2Level 3Total
(In thousands)
Debt securities - available-for-sale, at fair value:    
United States government obligations and authorities$41,125 $49,567 $— $90,692 
Obligations of states and political subdivisions— 19,278 — 19,278 
Corporate securities— 188,980 — 188,980 
International securities901 27,681 — 28,582 
Debt securities, at fair value42,026 285,506 — 327,532 
    
Equity securities, at fair value1,879 4,026 — 5,905 
    
Total investments, at fair value$43,905 $289,532 $— $333,437 
Other assets - embedded derivative, at fair value$— $— $10,725 $10,725 
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