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Available for Sale Securities (Tables)
12 Months Ended
Dec. 31, 2021
Available for Sale Securities  
Schedule of amortized cost, gross unrealized gains and losses and fair values of available for sale securities

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2021

​

​

​

​

Gross

​

Gross

​

​

​

​

​

​

Unrealized

​

Unrealized

​

​

​

    

Amortized Cost

    

Gains

    

Losses

    

Fair Value

U.S. Treasury securities

​

$

60,273

​

$

2

​

$

(450)

​

$

59,825

U.S. government agency mortgage-backed securities–residential

​

​

179,493

​

​

344

​

​

(3,346)

​

​

176,491

U.S. government agency securities

 

​

24,800

 

​

53

 

​

(131)

 

​

24,722

Municipal securities(1)

 

​

6,858

 

​

33

 

​

(40)

 

​

6,851

Corporate bonds

 

​

11,700

 

​

117

 

​

(65)

 

​

11,752

Other

 

​

620

 

​

22

 

​

—

 

​

642

Total

​

$

283,744

​

$

571

​

$

(4,032)

​

$

280,283

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

December 31, 2020

​

​

​

​

Gross

​

Gross

​

​

​

​

​

​

Unrealized

​

Unrealized

​

​

​

    

Amortized Cost

    

Gains

    

Losses

    

Fair Value

U.S. government agency mortgage-backed securities–residential

​

$

88,197

​

$

1,350

​

$

(277)

​

$

89,270

U.S. government agency securities

​

​

7,013

 

​

148

 

​

—

 

​

7,161

Municipal securities(1)

 

​

1,445

 

​

31

 

​

—

 

​

1,476

Corporate bonds

​

​

4,400

 

​

49

 

​

(3)

 

​

4,446

Other

​

​

621

 

​

—

 

​

(41)

 

​

580

Total

​

$

101,676

​

$

1,578

​

$

(321)

​

$

102,933

(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

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​

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2021

​

​

Less Than 12 Months

​

12 Months or Longer

​

Total

​

​

​

​

Unrealized

​

​

​

Unrealized

​

​

​

Unrealized

​

    

Fair Value

    

Losses

    

Fair Value

    

Losses

    

Fair Value

    

Losses

U.S. Treasury securities

​

$

49,007

​

$

(268)

​

$

5,797

​

$

(182)

​

$

54,804

​

$

(450)

U.S. government agency mortgage-backed securities-residential

​

​

139,019

​

​

(3,035)

​

​

11,002

​

​

(311)

​

​

150,021

​

​

(3,346)

U.S. government agency securities

​

​

14,625

​

​

(131)

​

​

—

​

​

—

​

​

14,625

​

​

(131)

Municipal Securities

​

​

2,469

​

​

(40)

​

​

—

​

​

—

​

​

2,469

​

​

(40)

Corporate Bonds

​

​

5,885

​

​

(65)

​

​

—

​

​

—

​

​

5,885

​

​

(65)

Total

​

$

211,005

​

$

(3,539)

​

$

16,799

​

$

(493)

​

$

227,804

​

$

(4,032)

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

December 31, 2020

​

​

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

​

$

30,243

​

$

(269)

​

$

293

​

$

(8)

​

$

30,536

​

$

(277)

Corporate Bonds

​

​

747

​

​

(3)

​

​

—

​

​

—

​

​

747

​

​

(3)

Other

​

​

522

​

​

(41)

​

​

—

​

​

—

​

​

522

​

​

(41)

Total

​

$

31,512

​

$

(313)

​

$

293

​

$

(8)

​

$

31,805

​

$

(321)

Schedule of maturities of debt securities

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December 31, 2021

​

December 31, 2020

​

    

Amortized Cost

    

Fair Value

    

Amortized Cost

    

Fair Value

Maturity:

​

​

​

​

​

​

​

​

​

​

​

​

Within 1 year

​

$

12,729

​

$

12,726

​

$

102

​

$

102

After 1 but within 5 years

 

​

67,912

 

​

67,463

 

​

2,155

 

​

2,155

After 5 but within 10 years

 

​

22,595

 

​

22,567

 

​

9,946

 

​

10,162

After 10 years

 

​

395

 

​

394

 

​

655

 

​

664

Total Maturities

 

​

103,631

 

​

103,150

 

​

12,858

 

​

13,083

​

​

​

​

​

​

​

​

​

​

​

​

​

Mortgage-backed securities

 

​

179,493

 

​

176,491

 

​

88,197

 

​

89,270

Other

 

​

620

 

​

642

 

​

621

 

​

580

Total

​

$

283,744

​

$

280,283

​

$

101,676

​

$

102,933