Securities (Tables)

6 Months Ended

Jun. 30, 2016

Investments, Debt and Equity Securities [Abstract]

Schedule of amortized cost, unrealized gross gains and losses and fair values of securities available for sale

The carrying amount of securities and approximate fair values are as follows (in thousands):

		Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
At June 30, 2016:
Securities Available for Sale-
Mortgage-backed securities	$	4,910	$	59	$	0		$	4,969
Collateralized mortgage obligations		18,275		100		(22	)		18,353
Total	$	23,185	$	159	$	(22	)	$	23,322
At December 31, 2015:
Securities Available for Sale-
Mortgage-backed securities	$	10,107	$	31	$	(52	)	$	10,086
Collateralized mortgage obligations		15,223		21		(227	)		15,017
SBA Pool Security		644		2		—			646
Total	$	25,974	$	54	$	(279	)	$	25,749

Schedule of securities with continuous unrealized loss position

Securities with gross unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous loss position, is as follows (in thousands):

	At June 30, 2016
	Over Twelve Months					Less Than Twelve Months
	Gross Unrealized Losses			Fair Value		Gross Unrealized Losses			Fair Value
Securities Available for Sale-
Collateralized mortgage obligations	$	(9	)	$	1,189	$	(13	)	$	1,168

	At December 31, 2015
	Over Twelve Months				Less Than Twelve Months
	Gross Unrealized Losses		Fair Value		Gross Unrealized Losses			Fair Value
Securities Available for Sale:
Mortgage-backed securities	$	—	$	—	$	(52	)	$	5,526
Collateralized mortgage obligations		—		—		(227	)		11,783
	$		$		$	(279	)	$	17,309