SECURITIES (Tables)

12 Months Ended

Dec. 31, 2015

SECURITIES

Summary of securities

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
	(In thousands)
At December 31, 2015
Securities available for sale
State and municipal	$	2,410	$	62	$	(2)	$	2,470
Residential mortgage-backed securities		16,543		104		(89)		16,558
Total securities available for sale	$	18,953	$	166	$	(91)	$	19,028
Securities held to maturity
State and municipal	$	573	$	12	$	—	$	585
Residential mortgage-backed securities		2,539		4		—		2,543
Total securities held to maturity	$	3,112	$	16	$	—	$	3,128
At December 31, 2014
Securities available for sale
State and municipal	$	2,458	$	54	$	(5)	$	2,507
Residential mortgage-backed securities		16,844		234		(59)		17,019
Total securities available for sale	$	19,302	$	288	$	(64)	$	19,526
Securities held to maturity
Residential mortgage-backed securities	$	837	$	79	$	—	$	916

Schedule of maturities of debt securities

The scheduled maturities of debt securities at December 31, 2015 are as follows:

	Available for Sale				Held to Maturity
	Amortized		Fair		Amortized		Fair
	Cost		Value		Cost		Value
	(In thousands)
After five years through ten years	$	270	$	278	$	—	$	—
Over ten years		2,140		2,192		573		585
		2,410		2,470		573		585
Residential mortgage-backed securities		16,543		16,558		2,539		2,543
	$	18,953	$	19,028	$	3,112	$	3,128

Schedule of securities with gross unrealized losses, aggregated by investment category and length of time that the individual securities have been in a continuous loss position

	Less Than Twelve Months				Twelve Months Or Longer
	Gross				Gross
	Unrealized		Fair		Unrealized		Fair
	Losses		Value		Losses		Value
	(In thousands)
At December 31, 2015
Securities available for sale
State and municipal	$	—	$	—	$	(2)	$	244
Residential mortgage-backed securities		(20)		3,946		(69)		3,229
Total temporarily impaired securities	$	(20)	$	3,946	$	(71)	$	3,473
At December 31, 2014
Securities available for sale
State and municipal	$	—	$	—	$	(5)	$	805
Residential mortgage-backed securities		—		—		(59)		5,456
Total temporarily impaired securities	$	—	$	—	$	(64)	$	6,261