Comprehensive Income and Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 31, 2026

Equity [Abstract]

Schedule of Changes in Accumulated Other Comprehensive Loss (AOCI)

The following table illustrates the changes in the balance of each component of accumulated other comprehensive loss for each period presented in the interim financial statements.


		Three Months Ended
		March 31,
		2026				2025
		(in thousands)
Balance, beginning of period		$	(3,217	)		$	(8,875	)
Other comprehensive (loss) income before reclassification			(2,462	)			1,602
Amounts reclassified from accumulated other comprehensive loss			14				4
Net current period other comprehensive (loss) income			(2,448	)			1,606
Balance, end of period		$	(5,665	)		$	(7,269	)

Reclassification Out of Accumulated Other Comprehensive Loss

The effects of reclassifications out of accumulated other comprehensive loss by the respective line items of net income are presented in the following table.


Component of Accumulated Other Comprehensive Loss		Three Months Ended March 31,								Affected line item in the statement of income
		2026				2025
		(in thousands)
Unrealized losses on debt securities, net of tax		$	(18	)		$	(6	)		Net realized gains (losses) on investments
			(18	)			(6	)		Income before income taxes
Unrealized losses on debt securities, net of tax			4				2			Income tax expense
		$	(14	)		$	(4	)		Net income