XML 52 R41.htm IDEA: XBRL DOCUMENT v3.22.1
INVESTMENTS - Schedule of Investment Securities (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]    
Cash equivalents, Amortized Cost $ 586,011 $ 192,623
Cash equivalents, Gross Unrealized Gains 0 0
Cash equivalents, Gross Unrealized Losses (41) 0
Cash equivalents, Carrying Value 585,970 192,623
Amortized Cost 1,367,082 742,222
Gross Unrealized Gains 211 694
Gross Unrealized Losses (29,240) (3,439)
Available for sale 1,338,053 739,477
Debt Securities, Held-to-maturity, Securities [Line Items]    
Amortized Cost 8,502 9,186
Gross Unrealized Gains 0 0
Gross Unrealized Losses 0 0
Amortized Cost, Total investments 1,961,595 944,031
Gross Unrealized Gains, Total investments 211 694
Gross Unrealized Losses, Total investments (29,281) (3,439)
Carrying Value, Total investments 1,932,525 941,286
U.S. government and agency obligations    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 752,881 311,936
Gross Unrealized Gains 69 259
Gross Unrealized Losses (7,366) (2,200)
Available for sale 745,584 309,995
Debt Securities, Held-to-maturity, Securities [Line Items]    
Amortized Cost 7,055 7,739
Gross Unrealized Gains 0 0
Gross Unrealized Losses 0 0
Corporate obligations    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 392,440 313,965
Gross Unrealized Gains 56 326
Gross Unrealized Losses (15,316) (1,104)
Available for sale 377,180 313,187
State and municipal obligations    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 18,654 16,122
Gross Unrealized Gains 2 33
Gross Unrealized Losses (215) (38)
Available for sale 18,441 16,117
Certificates of deposit    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 14,340 18,752
Gross Unrealized Gains 0 0
Gross Unrealized Losses (2) 0
Available for sale 14,338 18,752
Debt Securities, Held-to-maturity, Securities [Line Items]    
Amortized Cost 1,447 1,447
Gross Unrealized Gains 0 0
Gross Unrealized Losses 0 0
Mortgage-backed securities    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 126,271 38,558
Gross Unrealized Gains 75 63
Gross Unrealized Losses (4,564) (67)
Available for sale 121,782 38,554
Asset-backed securities    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 62,104  
Gross Unrealized Gains 9  
Gross Unrealized Losses (1,766)  
Available for sale 60,347  
Other    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 392 42,889
Gross Unrealized Gains 0 13
Gross Unrealized Losses (11) (30)
Available for sale $ 381 $ 42,872