Investment Securities (Tables)

3 Months Ended

Mar. 31, 2023

Investments [Abstract]

Debt Securities, Available-for-Sale

Investment Securities available for sale are carried at estimated fair market value. The amortized cost and estimated fair values of these investment securities are as follows (in 000's):

	As of March 31, 2023				As of December 31, 2022
	Amortized Cost		Estimated Fair Value		Amortized Cost		Estimated Fair Value
Available-for-Sale
Obligations of states and political subdivisions	$	250,390	$	223,551	$	253,068	$	219,648
Corporate securities	$	403	$	403	$	380	$	380
	$	250,793	$	223,954	$	253,448	$	220,028

Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value

The following table provides an analysis of investment securities in an unrealized loss position (in 000's) for which an allowance for credit losses is unnecessary as of March 31, 2023 and December 31, 2022:

	Less than 12 Months				12 Months or Longer				Total
March 31, 2023	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
Available for Sale:
Obligations of states and political subdivisions	$	44,980	$	(978)	$	97,381	$	(27,613)	$	142,361	$	(28,591)

	Less than 12 Months				12 Months or Longer				Total
December 31, 2022	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
Available for Sale:
Obligations of states and political subdivisions	$	118,495	$	(9,327)	$	42,314	$	(25,126)	$	160,809	$	(34,454)