Investment Securities (Tables)

6 Months Ended

Jun. 30, 2019

Debt Securities, Available-for-sale [Line Items]

Schedule of amortized cost, gross unrealized gains and losses and fair values of available for sale securities

	June 30, 2019
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
	(unaudited)
U.S. Treasury securities	$	-	$	-	$	-		$	-
U.S. government agency mortgage-backed securities-residential		89,707		592		(586	)		89,713
U.S. government agency securities		19,935		29		(117	)		19,847
Municipal securities ¹		1,229		18		-			1,247
Other		542		49		-			591
Total	$	111,413	$	688	$	(703	)	$	111,398
	December 31, 2018
U.S. Treasury securities	$	3,036	$	-	$	(65	)	$	2,971
U.S. government agency mortgage-backed securities-residential		82,965		8		(2,757	)		80,216
U.S. government agency securities		16,919		-		(451	)		16,468
Municipal securities ¹		1,228		4		-			1,232
Other		425		-		-			425
Total	$	104,573	$	12	$	(3,273	)	$	101,312

¹ The issuers of municipal securities are all within New York State.

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		Unrealized Losses			Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
						June 30, 2019
	(unaudited)
U.S. Treasury securities	$	-	$	-		$	-	$	-		$	-	$	-
U.S. government agency mortgage-backed securities-residential		-		-			40,967		(586	)		40,967		(586	)
U.S. government agency securities		-		-			12,820		(117	)		12,820		(117	)
Total	$	-	$	-		$	53,787	$	(703	)	$	53,787	$	(703	)
	December 31, 2018
U.S. Treasury securities	$	-	$	-		$	2,971	$	(65	)	$	2,971	$	(65	)
U.S. government agency mortgage-backed securities-residential		1,669		(4	)		76,586		(2,753	)		78,255		(2,757	)
U.S. government agency securities		0		0			16,468		(451	)		16,468		(451	)
Total	$	1,669	$	(4	)	$	96,025	$	(3,269	)	$	97,694	$	(3,273	)

Schedule of maturities of debt securities

	June 30, 2019				December 31, 2018
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
	(unaudited)
Maturity:
Within 1 year	$	1,221	$	1,217	$	1,221	$	1,210
After 1 but within 5 years		14,186		14,074		17,253		16,780
After 5 but within 10 years		5,557		5,603		1,975		1,945
After 10 years		200		200		734		736
Total Maturities		21,164		21,094		21,183		20,671
Mortgage-backed securities		89,707		89,713		82,965		80,216
Other		542		591		425		425
Total	$	111,413	$	111,398	$	104,573	$	101,312