v3.24.2.u1
Fair Value Measurement (Tables)
6 Months Ended
Jun. 30, 2024
Fair Value Measurement  
Schedule of company's assets at fair value

The following table sets forth by Level, within the fair value hierarchy, the Company’s assets at fair value as of June 30, 2024:

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​

​

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​

​

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Level 1

    

Level 2

    

Total

​

​

(in thousands)

Stocks and ETFs

​

$

—

​

$

1,798

​

$

1,798

Mutual funds

​

​

—

​

​

—

​

​

—

Debt securities

​

​

—

​

 

—

​

​

—

Total investment securities, at fair value

​

$

—

​

$

1,798

​

$

1,798

​

The following table sets forth by Level, within the fair value hierarchy, the Company’s assets at fair value as of December 31, 2023:

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​

​

​

​

​

​

​

    

Level 1

    

Level 2

    

Total

​

​

(in thousands)

Stocks and ETF’s

​

$

—

​

$

1,755

​

$

1,755

Mutual funds

​

 

16,237

​

 

—

​

 

16,237

Debt securities

​

 

18,945

​

 

839

​

 

19,784

Total investment securities, at fair value

​

$

35,182

​

$

2,594

​

$

37,776

Schedule of company's available-for-sale (AFS) securities and other comprehensive income (OCI)

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Three Months Ended

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Six months Ended

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June 30, 

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June 30, 

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2024

​

2023

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2024

​

2023

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​

(in thousands)

OCI from AFS securities – debt securities:

    

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​

  

    

​

  

    

​

  

Unrealized (losses) on debt securities at beginning of period

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$

191

​

$

(470)

​

$

316

​

$

(561)

Reversal of losses from unrealized to realized

​

​

(65)

​

​

—

​

​

(65)

​

​

—

Unrealized (loss) gain

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(126)

​

 

94

​

 

(251)

​

 

185

Change in OCI from AFS debt securities

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​

(191)

​

​

94

​

​

(316)

​

​

185

Balance at end of period

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$

—

​

$

(376)

​

$

—

​

$

(376)