Other Investment Securities (Tables)

3 Months Ended

Mar. 31, 2024

Other Investment Securities [Abstract]

Schedule Of Other Investment Securities

The carrying amounts of other investment securities at March 31, 2024 and December 31, 2023 were as follows:

 

(In thousands)	March 31, 2024		December 31, 2023
FHLB stock	$	13,415	$	17,754
FRB stock	14,653		14,653
Equity investments carried at fair value	2,092		2,089
Equity investments carried at modified cost (1)	15,921		15,921
Equity investments carried at NAV	44,879		45,885
Total other investment securities	$	90,960	$	96,302

(1) There have been no impairments or downward adjustments made to equity investments carried at modified cost. Cumulatively, upward adjustments of $871,000 have been recorded as a result of observable price changes. There were no adjustments recorded during the three months March 31, 2024 or March 31, 2023 as a result of observable price changes.