XML 42 R28.htm IDEA: XBRL DOCUMENT v3.24.1
FAIR VALUE (Tables)
12 Months Ended
Dec. 31, 2023
Fair Value Disclosures [Abstract]  
Fair Value Measurements, Recurring and Nonrecurring
Assets measured at fair value as of December 31, 2023 and 2022 are available-for-sale investment securities which are summarized below (in thousands):
Fair Value Measurements at Reporting Date Using
DescriptionDecember 31,
2023
Quoted Prices
In Active
Markets for
Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Corporate securities $485 $485 $— $— 
Obligations of states and political subdivisions 249,601 — 249,601 — 
Available-for-sale investment securities$250,086 $485 $249,601 $— 
Fair Value Measurements at Reporting Date Using
DescriptionDecember 31,
2022
Quoted Prices
In Active
Markets for
Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Corporate securities $380 $380 $— $— 
Obligations of states and political subdivisions 219,648 — 219,648 — 
Available-for-sale investment securities$220,028 $380 $219,648 $—