Investment Securities (Tables)

9 Months Ended

Sep. 30, 2019

Debt Securities, Available-for-sale [Abstract]

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

	September 30, 2019
			Gross		Gross
			Unrealized		Unrealized
	Amortized Cost		Gains		Losses		Fair Value
U.S. government agency mortgage-backed securities–residential	$	92,951	$	754	$	(407)	$	93,298
U.S. government agency securities		19,366		91		(71)		19,386
Municipal securities 1		888		20		—		908
Corporate Bonds		1,500		15		—		1,515
Other		541		57		—		598
Total	$	115,246	$	937	$	(478)	$	115,705

	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

	September 30, 2019
	Less Than 12 Months				12 Months or Longer				Total
			Unrealized				Unrealized				Unrealized
	Fair Value		Losses		Fair Value		Losses		Fair Value		Losses
U.S. government agency mortgage-backed securities-residential	$	12,419	$	(56)	$	29,600	$	(351)	$	42,019	$	(407)
U.S. government agency securities		—		—		12,862		(71)		12,862		(71)
Total	$	12,419	$	(56)	$	42,462	$	(422)	$	54,881	$	(478)

	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

	September 30, 2019				December 31, 2018
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Maturity:
Within 1 year	$	1,075	$	1,074	$	1,221	$	1,210
After 1 but within 5 years		13,443		13,374		17,253		16,780
After 5 but within 10 years		7,056		7,181		1,975		1,945
After 10 years		180		180		734		736
Total Maturities		21,754		21,809		21,183		20,671
Mortgage-backed securities		92,951		93,298		82,965		80,216
Other		541		598		425		425
Total	$	115,246	$	115,705	$	104,573	$	101,312