Debt Securities Held-to-Maturity (Tables)

3 Months Ended

Mar. 31, 2020

Investments, Debt and Equity Securities [Abstract]

Securities Held-to-Maturity

The following is a summary of debt securities held-to-maturity at March 31, 2020, and December 31, 2019 (in thousands): 

	March 31, 2020
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
Mortgage-backed securities:
Pass-through certificates:
GSEs	$	8,706	$	296	$	—	$	9,002
Total securities held-to-maturity	$	8,706	$	296	$	—	$	9,002

	December 31, 2019
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
Mortgage-backed securities:
Pass-through certificates:
GSEs	$	8,762	$	129	$	5	$	8,886
Total securities held-to-maturity	$	8,762	$	129	$	5	$	8,886

Held-to-maturity Securities

Gross unrealized losses on mortgage-backed securities held-to-maturity, and the estimated fair value of the related securities, aggregated by security category and length of time that individual securities have been in a continuous unrealized loss position at December 31, 2019, were as follows (in thousands):

	December 31, 2019
	Less than 12 months				12 months or more				Total
	Unrealized losses		Estimated fair value		Unrealized losses		Estimated fair value		Unrealized losses		Estimated fair value
Mortgage-backed securities:
Pass-through certificates:
GSEs	$	—	$	—	$	5	$	378	$	5	$	378
Total securities held-to-maturity	$	—	$	—	$	5	$	378	$	5	$	378