Investment Securities (Tables)

12 Months Ended

Dec. 31, 2019

Investments, Debt and Equity Securities [Abstract]

Schedule of amortized cost and fair value of investment securities

	December 31, 2019
			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
(in thousands)	Cost		Gains		(Losses)		Value
Available for Sale:
U.S. Government Agency - SBA pools	$	2,274	$	6	$	(10)	$	2,270
U.S. Agency Mortgage-Backed Securities		3,908		48		(16)		3,940
Total Available for Sale	$	6,182	$	54	$	(26)	$	6,210
Held to Maturity:
U.S. Agency Mortgage-Backed Securities	$	389	$	2	$	(3)	$	388

	December 31, 2018
			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
(in thousands)	Cost		Gains		(Losses)		Value
Available for Sale:
U.S. Agency Mortgage-Backed Securities	$	4,260	$	38	$	(77)	$	4,221
Total Available for Sale	$	4,260	$	38	$	(77)	$	4,221
Held to Maturity:
Mortgage-Backed Securities	$	518	$	1	$	(12)	$	507

Schedule of contractual maturity of investment securities

	Amortized		Fair
(in thousands)	Cost		Value
Available for Sale:
Within One Year	$	—	$	—
After One Year Through Five Years		114		114
After Five Years Through Ten Years		1,388		1,394
After Ten Years		4,680		4,702
	$	6,182	$	6,210
Held to Maturity:
After Five Years Through Ten Years	$	220	$	221
After Ten Years		169		167
	$	389	$	388

Schedule of unrealized loss position of investment securities

	December 31, 2019
	Less Than 12 Months				12 Months or Longer				Total
			Unrealized				Unrealized				Unrealized
(in thousands)	Fair Value		Loss		Fair Value		Loss		Fair Value		Loss
Available for Sale:
U.S. Government Agency - SBA pools	$	1,277	$	10	$	—	$	—	$	1,277	$	10
U.S. Agency Mortgage-Backed Securities		—		—		1,043		16		1,043		16
Total Available for Sale	$	1,277	$	10	$	1,043	$	16	$	2,320	$	26
Held to Maturity:
U.S. Agency Mortgage-Backed Securities	$	—	$	—	$	103	$	3	$	103	$	3

	December 31, 2018
	Less Than 12 Months				12 Months or Longer				Total
			Unrealized				Unrealized				Unrealized
(in thousands)	Fair Value		Loss		Fair Value		Loss		Fair Value		Loss
Available for Sale:
Mortgage-Backed Securities	$	549	$	3	$	2,526	$	74	$	3,075	$	77
Held to Maturity:
Mortgage-Backed Securities	$	—	$	—	$	418	$	12	$	418	$	12