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Available-for-Sale Securities (Tables)
 6 Months Ended
Jun. 30, 2023
Investments [Abstract]  
Available-for-sale Securities
The amortized cost, gross unrealized gains, gross unrealized losses and fair values of available-for-sale securities at June 30, 2023 and December 31, 2022 are as follows:
(In thousands)Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
(Losses)		Fair
Value
June 30, 2023:
U. S. Government agency and mortgage-backed securities$82,192 $63 $(15,007)$67,248 
Corporate bonds18,002 — (4,747)13,255 
Subordinated notes5,000 — (764)4,236 
SBA loan pools6,409 — (1,083)5,326 
Municipal bonds560 — (78)482 
Total available-for-sale securities$112,163 $63 $(21,679)$90,547 
December 31, 2022:
U. S. Government agency and mortgage-backed securities$73,480 $— $(14,434)$59,046 
Corporate bonds19,773 7 (5,125)14,655 
Subordinated notes5,000 — (398)4,602 
SBA loan pools6,791 — (1,073)5,718 
Municipal bonds561 — (62)499 
Total available-for-sale securities$105,605 $7 $(21,092)$84,520 
Schedule of Unrealized Loss on Investments
The following table presents the available-for-sale securities’ gross unrealized losses and fair value, aggregated by the length of time the individual securities have been in a continuous loss position as of June 30, 2023 and December 31, 2022:
(In thousands)Less than 12 Months12 Months or MoreTotal
Fair
Value 		Unrealized
(Loss) 		Fair
Value 		Unrealized
(Loss) 		Fair
Value 		Unrealized
(Loss)
June 30, 2023:
U. S. Government agency and mortgage-backed securities$18,306 $(1,077)$46,807 $(13,930)$65,113 $(15,007)
Corporate bonds— — 13,255 (4,747)13,255 (4,747)
Subordinated notes2,543 (457)1,693 (307)4,236 (764)
SBA loan pools1,276 (13)4,050 (1,070)5,326 (1,083)
Municipal bonds— — 482 (78)482 (78)
Total available-for-sale securities$22,125 $(1,547)$66,287 $(20,132)$88,412 $(21,679)
      
December 31, 2022:      
U. S. Government agency and mortgage-backed securities$11,126 $(633)$47,920 $(13,801)$59,046 $(14,434)
Corporate bonds1,959 (64)10,934 (5,061)12,893 (5,125)
Subordinated notes4,602 (398)— — 4,602 (398)
SBA loan pools1,437 (12)4,280 (1,061)5,717 (1,073)
Municipal bonds— — 498 (62)498 (62)
Total available-for-sale securities$19,124 $(1,107)$63,632 $(19,985)$82,756 $(21,092)
Investments Classified by Contractual Maturity Date
The following summarizes, by class and contractual maturity, the amortized cost and estimated fair value of available-for-sale debt securities held as of June 30, 2023 and December 31, 2022. The mortgages underlying the mortgage-backed securities are not due at a single maturity date. Additionally, these mortgages often are and generally may be pre-paid without penalty, creating a degree of uncertainty that such investments can be held until maturity. For convenience, mortgage-backed securities have been included in the summary as a separate line item.
(In thousands)Amortized CostFair Value
Due
Within
5 years		 Due After
5 years
through
10 years		 Due
After
10 years		TotalDue
Within
5 years		 Due After
5 years
through
10 years		 Due
After
10 years		Total
June 30, 2023:
Corporate bonds$2,007  $15,995  $— $18,002 $1,855  $11,400  $— $13,255 
Subordinated notes3,000  2,000  — 5,000 2,543  1,693  — 4,236 
SBA loan pools—  1,289  5,120 6,409 —  1,276  4,050 5,326 
Municipal bonds154  406  — 560 139  343  — 482 
Available-for-sale securities with stated maturity dates5,161  19,690  5,120 29,971 4,537  14,712  4,050 23,299 
U. S. Government agency and mortgage-backed securities—  5,237  76,955 82,192 —  4,134  63,114 67,248 
Total available-for-sale securities$5,161  $24,927  $82,075 $112,163 $4,537  $18,846  $67,164 $90,547 
December 31, 2022:
Corporate bonds$3,778  $15,995  $— $19,773 $3,721  $10,934  $— $14,655 
Subordinated notes3,000  2,000  — 5,000 2,830  1,772  — 4,602 
SBA loan pools—  1,449  5,342 6,791 —  1,438  4,280 5,718 
Municipal bonds154  407  — 561 139  360  — 499 
Available-for-sale securities with stated maturity dates6,932  19,851  5,342 32,125 6,690  14,504  4,280 25,474 
U. S. Government agency and mortgage-backed securities—  5,276  68,204 73,480 —  4,129  54,917 59,046 
Total available-for-sale securities$6,932  $25,127  $73,546 $105,605 $6,690  $18,633  $59,197 $84,520