Debt Securities (Tables)

3 Months Ended

Mar. 31, 2020

Debt Securities

Schedule of amortized cost, gross unrealized gains and losses and estimated fair value of securities available-for-sale

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
	(In thousands)
March 31, 2020
Mortgage-backed securities – agency	$	23,697	$	997	$	—	$	24,694
Collateralized mortgage obligations (CMO’s) – agency		112,443		1,049		(61)		113,431
Total available-for-sale	$	136,140	$	2,046	$	(61)	$	138,125
December 31, 2019
Mortgage-backed securities – agency	$	24,603	$	524	$	(90)	$	25,037
Collateralized mortgage obligations (CMO’s) – agency		121,276		451		(345)		121,382
Total available-for-sale	$	145,879	$	975	$	(435)	$	146,419

Schedule of gross unrealized losses and fair value, securities in continuous unrealized loss position

	Less Than 12 Months				12 Months or Longer				Total
	Fair Value		Gross Unrealized Losses		Fair Value		Gross Unrealized Losses		Fair Value		Gross Unrealized Losses
	(In thousands)
March 31, 2020
Mortgage-backed securities – agency	$	—	$	—	$	—	$	—	$	—	$	—
CMO’s – agency		7,375		(19)		5,302		(42)		12,677		(61)
Total temporarily impaired securities	$	7,375	$	(19)	$	5,302	$	(42)	$	12,677	$	(61)
December 31, 2019
Mortgage-backed securities - agency	$	—	$	—	$	9,529	$	(90)	$	9,529	$	(90)
CMO's - Agency		20,639		(66)		22,295		(279)		42,934		(345)
Total temporarily impaired securities	$	20,639	$	(66)	$	31,824	$	(369)	$	52,463	$	(435)