INVESTMENTS

3 Months Ended

Mar. 31, 2020

INVESTMENTS

INVESTMENTS

NOTE 4 – INVESTMENTS

The Cooperative has determined fair value of its investments held to maturity based on Level 2 inputs. 

March 31, 2020:	Level 1		Level 2		Level 3		Total
Corporate Bonds	$	—	$	4,616	$	—	$	4,616
US Treasury Bill				100				100
Money Market & CD’s		—		378		—		378
	$	—	$	5,094	$	—	$	5,094
December 31, 2019:
Corporate Bonds	$	—	$	4,772	$	—	$	4,772
Money Market & CD’s		—		336		—		336
	$	—	$	5,108	$	—	$	5,108

		Net Carrying	Fair
	Amount		Value
Due in 1 year or less	$	1,904	$	1,885
Due in 2 to 5 years		2,478		2,531
Greater than 5 years		206		200
	$	4,588	$	4,616

The Coopertive’s investments held to maturity are as follows as of March 31, 2020 and December 31, 2019:

	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
March 31, 2020:
Corporate Bonds	$	4,588	$	72	$	(44)	$	4,616
US Treasury Bill		100						100
Money Market & CD’s		378		—		—		378
	$	5,066	$	72	$	(44)	$	5,094
December 31, 2019:
Corporate Bonds	$	4,691	$	81	$	—	$	4,772
Money Market & CD’s		336		—		—		336
	$	5,027	$	81	$	—	$	5,108

Maturities are as follows as of March 31, 2020:

	Less than 1 year		1 to 5 Years		Greater than 5 years		Total
Corporate Bonds	$	1,904	$	2,478	$	206	$	4,588
	$	1,904	$	2,478	$	206	$	4,588