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Investment Securities (Tables)
 12 Months Ended
Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]  
Comparison of Amortized Cost and Fair Value of Securities Available for Sale
Following is a comparison of the amortized cost and approximate fair value of investment securities at December 31, 2018 and December 31, 2017:
 
(In thousands)
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value (Carrying Amount)
December 31, 2018
 
 
 
Securities available for sale:
 
 
 
U.S. Government agencies
$
36,665

 
$
117

 
(255
)
 
$
36,527

U.S. Government sponsored entities & agencies collateralized by mortgage obligations
30,289

 
51

 
(441
)
 
29,899

Total securities available for sale
$
66,954

 
$
168

 
$
(696
)
 
$
66,426

December 31, 2017
 

 
 

 
 

 
 

Securities available for sale:
 

 
 

 
 

 
 

U.S. Government agencies
$
19,683

 
$
312

 
$
(41
)
 
$
19,954

U.S. Government sponsored entities & agencies collateralized by mortgage obligations
22,391

 
56

 
(416
)
 
22,031

Total securities available for sale
$
42,074

 
$
368

 
$
(457
)
 
$
41,985
Contractual Maturities on Collateralized Mortgage Obligations
The amortized cost and fair value of securities available for sale at December 31, 2018, by contractual maturity, are shown below. Actual maturities may differ from contractual maturities because issuers have the right to call or prepay obligations with or without call or prepayment penalties. Contractual maturities on collateralized mortgage obligations cannot be anticipated due to allowed paydowns. Mutual funds are included in the "due in one year or less" category below.
 
December 31, 2018
 
Amortized Cost
 
Fair Value (Carrying Amount)
(In thousands)
Due in one year or less
$
—

 
$
—

Due after one year through five years
—

 
—

Due after five years through ten years
4,721

 
4,710

Due after ten years
31,944

 
31,816

U.S. Government sponsored entities & agencies collateralized by mortgage obligations
30,289

 
29,900

 
$
66,954

 
$
66,426
Temporarily Impaired Investment Securities
The following summarizes temporarily impaired investment securities at December 31, 2018 and 2017:
 
Less than 12 Months
 
12 Months or More
 
Total
(In thousands)
Fair Value (Carrying Amount)
 
 Unrealized Losses
 
Fair Value (Carrying Amount)
 
 Unrealized Losses
 
Fair Value (Carrying Amount)
 
 Unrealized Losses
December 31, 2018
 
 
 
 
 
Securities available for sale:
 
 
 
 
 
U.S. Government agencies
$
19,085

 
$
(148
)
 
$
6,874

 
$
(107
)
 
$
25,959

 
$
(255
)
U.S. Government sponsored entities & agencies collateralized by mortgage obligations
—

 
—

 
16,681

 
(441
)
 
16,681

 
(441
)
Total impaired securities
$
19,085

 
$
(148
)
 
$
23,555

 
$
(548
)
 
$
42,640

 
$
(696
)
December 31, 2017
 

 
 

 
 

 
 

 
 

 
 

Securities available for sale:
 

 
 

 
 

 
 

 
 

 
 

U.S. Government agencies
$
1,728

 
$
(3
)
 
$
6,625

 
$
(38
)
 
$
8,353

 
$
(41
)
U.S. Government sponsored entities & agencies collateralized by mortgage obligations
7,483

 
(154
)
 
13,583

 
(262
)
 
21,066

 
(416
)
Total impaired securities
$
9,211

 
$
(157
)
 
$
20,208

 
$
(300
)
 
$
29,419

 
$
(457
)