BBX Capital Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Note 4 - Securities Available for Sale, at Fair Value

Note 4 - Securities Available for Sale, at Fair Value

12 Months Ended

Dec. 31, 2022

Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]

4. Securities Available for Sale, at Fair Value

The following table summarizes the amortized cost and fair value of securities available-for-sale at December 31, 2022 and 2021 and the corresponding amounts of gross unrealized gains and losses recognized in accumulated other comprehensive income (in thousands):

	As of December 31, 2022
			Gross		Gross
	*Amortized*		*Unrealized*		*Unrealized*			*Fair*
	*Cost*		*Gains*		*Losses*			*Value*
Available-for-sale
U.S. Treasury and federal agency	$	13,080		11		—			13,091
Community Development District bonds		820		—		(7	)		813
Corporate bonds		4,670		—		(26	)		4,644
Total available-for-sale		18,570		11		(33	)		18,548

	As of December 31, 2021
			Gross		Gross
	*Amortized*		*Unrealized*		*Unrealized*			*Fair*
	*Cost*		*Gains*		*Losses*			*Value*
Available-for-sale
U.S. Treasury and federal agency	$	—		—		—			—
Community Development District bonds		820		94		—			914
Corporate bonds		4,671		—		(33	)		4,638
Total available-for-sale		5,491		94		(33	)		5,552

All U.S. Treasury and federal agency securities and corporate bonds available-for-sale have maturities of less than one year. The Community Development District bonds mature after ten years.