Securities Available For Sale (Tables)

3 Months Ended

Mar. 31, 2020

Securities Available For Sale

Schedule of amortized cost and approximate fair values, together with gross unrealized gains and losses

	March 31, 2020
			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
	(In thousands)
Available-for-sale securities:
Treasury notes	$	1,994	$	49	$	—	$	2,043
Federal agencies		306,152		423		—		306,575
Municipals		5,566		385		—		5,951
Mortgage-backed - Government-sponsored entity (GSE) - residential		24,142		343		1		24,484
Total available-for-sale securities	$	337,854	$	1,200	$	1	$	339,053

	December 31, 2019
			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
	(In thousands)
Available-for-sale securities:
Treasury notes	$	4,744	$	21	$	—	$	4,765
Federal agencies		244,986		24		37		244,973
Municipals		5,577		360		—		5,937
Mortgage-backed - Government-sponsored entity (GSE) - residential		34,357		213		2		34,568
Total available-for-sale securities	$	289,664	$	618	$	39	$	290,243

Schedule of amortized cost and fair value of available-for-sale securities by contractual maturity

	March 31, 2020				December 31, 2019
	Amortized		Fair		Amortized		Fair
	Cost		Value		Cost		Value
Contractual Maturity	(In thousands)
Within one year	$	20,500	$	20,563	$	23,250	$	23,233
After one through five years		287,914		288,337		226,748		226,783
After five through ten years		—		—		—		—
After ten years		5,298		5,669		5,309		5,659
		313,712		314,569		255,307		255,675
Mortgage-backed - Government-sponsored entity (GSE) - residential		24,142		24,484		34,357		34,568
	$	337,854	$	339,053	$	289,664	$	290,243

Schedule of gross unrealized losses and fair value of investments with unrealized losses have been in continuous

	March 31, 2020
					12 Months or
	Less than 12 Months				Longer				Total
			Gross				Gross				Gross
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
	Value		Losses		Value		Losses		Value		Losses
	(In thousands)
Available-for-sale securities:
Treasury notes	$	—	$	—	$	—	$	—	$	—	$	—
Federal agencies		—		—		—		—		—		—
Mortgage-backed - Government-sponsored entity (GSE) - residential		1,113		1		—		—		1,113		1
	$	1,113	$	1	$	—	$	—	$	1,113	$	1

	December 31, 2019
					12 Months or
	Less than 12 Months				Longer				Total
			Gross				Gross				Gross
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
	Value		Losses		Value		Losses		Value		Losses
	(In thousands)
Available-for-sale securities:
Treasury notes	$	—	$	—	$	—	$	—	$	—	$	—
Federal agencies		94,963		37		—		—		94,963	$	37
Municipals		—		—		—		—		—	$	—
Mortgage-backed - Government-sponsored entity (GSE) - residential		809		2		—		—		809		2
	$	95,772	$	39	$	—	$	—	$	95,772	$	39