Available-for-Sale Securities (Tables)

9 Months Ended

Sep. 30, 2020

Investments Debt And Equity Securities [Abstract]

Amortized Cost and Fair Value of Available-for-Sale Securities

The amortized cost and fair value of available-for-sale securities at September 30, 2020 and December 31, 2019 are summarized as follows:

	September 30, 2020
			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
U.S. Government and Federal Agencies	$	—	$	—	$	—	$	—
Corporate Bonds		10,122		111		—		10,233
Mortgage-Backed Securities:
FNMA Certificates		3,925		56		—		3,981
GNMA Certificates		289		9		—		298
Total	$	14,336	$	176	$	—	$	14,512

	December 31, 2019
			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses			Fair Value
U.S. Government and Federal Agencies	$	16,373	$	—	$	(19	)	$	16,354
Corporate Bonds		—		—		—			—
Mortgage-Backed Securities:
FNMA Certificates		4,680		—		(21	)		4,659
GNMA Certificates		482		9		—			491
Total	$	21,535	$	9	$	(40	)	$	21,504

Company's Securities' Gross Unrealized Losses and Fair Values, Aggregated by Length of Time Individual Securities Have Been in a Continuous Unrealized Loss Position

The following table presents the Company's gross unrealized losses and fair values of its securities, aggregated by the length of time the individual securities have been in a continuous unrealized loss position, at December 31, 2019:

	December 31, 2019
	Securities With Gross Unrealized Losses
	Less Than 12 Months				12 Months or More					Total		Total
	Fair		Unrealized		Fair		Unrealized			Fair		Unrealized
	Value		Losses		Value		Losses			Value		Losses
U.S. Government and Federal Agencies	$	—	$	—	$	16,354	$	(19	)	$	16,354	$	(19	)
Mortgage-Backed
FNMA Certificates		—		—		4,659		(21	)		4,659		(21	)
Total	$	—	$	—	$	21,013	$	(40	)	$	21,013	$	(40	)

Summary of Maturities of Securities

The following is a summary of maturities of securities at September 30, 2020 and December 31, 2019. Amounts are shown by contractual maturity. Because borrowers for mortgage-backed securities have the right to prepay obligations with or without prepayment penalties, at any time, these securities are included as a total within the table.

Note 4.Available-for-Sale Securities (Continued)

	September 30, 2020
	Available-for-Sale
	Amortized		Fair
	Cost		Value
Corporate Bonds:
Amounts maturing:
Three months or less	$	—	$	—
After three months through one year		—		—
After one year through five years		2,647		2,736
More than five years		7,475		7,497
		10,122		10,233
Mortgage-Backed Securities		4,214		4,279
Total	$	14,336	$	14,512

	December 31, 2019
	Available-for-Sale
	Amortized		Fair
	Cost		Value
U.S. Government and Federal Agency Securities:
Amounts maturing:
Three months or less	$	2,000	$	2,000
After three months through one year		14,373		14,354
After one year through five years		—		—
		16,373		16,354
Mortgage-Backed Securities		5,162		5,150
Total	$	21,535	$	21,504