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Securities (Tables)
12 Months Ended
Dec. 31, 2020
Securities [Abstract]  
Amortized Cost and Fair Value of Securities Available-for-sale
The following table summarizes the amortized cost and fair value of securities available for sale and securities held to maturity at December 31, 2020 and 2019 and the corresponding amounts of gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) and gross unrecognized gains and losses:

  
Amortized
Cost
  
Gross Unrealized
Gains
  
Gross Unrealized
Losses
  
Estimated
Fair Value
 
Securities Available for Sale
            
December 31, 2020
            
U.S. Government sponsored entity securities
 
$
17,814
  
$
339
  
$
----
  
$
18,153
 
Agency mortgage-backed securities, residential
  
91,425
   
2,748
   
(4
)
  
94,169
 
Total securities
 
$
109,239
  
$
3,087
  
$
(4
)
 
$
112,322
 
                 
December 31, 2019
                
U.S. Government sponsored entity securities
 
$
16,579
  
$
163
  
$
(6
)
 
$
16,736
 
Agency mortgage-backed securities, residential
  
88,071
   
807
   
(296
)
  
88,582
 
Total securities
 
$
104,650
  
$
970
  
$
(302
)
 
$
105,318
 
Amortized Cost and Fair Value of Securities Held-to-maturity
  
Amortized
Cost
  
Gross Unrecognized
Gains
  
Gross Unrecognized
Losses
  
Estimated
Fair Value
 
Securities Held to Maturity
            
December 31, 2020
            
Obligations of states and political subdivisions
 
$
10,018
  
$
324
  
$
----
  
$
10,342
 
Agency mortgage-backed securities, residential
  
2
   
----
   
----
   
2
 
Total securities
 
$
10,020
  
$
324
  
$
----
  
$
10,344
 
                 
December 31, 2019
                
Obligations of states and political subdivisions
 
$
12,031
  
$
372
  
$
(1
)
 
$
12,402
 
Agency mortgage-backed securities, residential
  
2
   
----
   
----
   
2
 
Total securities
 
$
12,033
  
$
372
  
$
(1
)
 
$
12,404
 
Amortized Cost and Fair Value of Securities by Contractual Maturity
Securities not due at a single maturity are shown separately.

  
Available for Sale
  
Held to Maturity
 
Debt Securities:
 
Amortized
Cost
  
Estimated
Fair
Value
  
Amortized
Cost
  
Estimated
Fair
Value
 
Due in one year or less
 
$
4,599
  
$
4,612
  
$
2,016
  
$
2,048
 
Due in one to five years
  
8,215
   
8,531
   
4,107
   
4,276
 
Due in five to ten years
  
5,000
   
5,010
   
3,895
   
4,018
 
Agency mortgage-backed securities, residential
  
91,425
   
94,169
   
2
   
2
 
Total debt securities
 
$
109,239
  
$
112,322
  
$
10,020
  
$
10,344
 
Securities with Unrealized Losses in Continuous Unrealized Loss Position
The following table summarizes securities with unrealized losses at December 31, 2020 and December 31, 2019, aggregated by major security type and length of time in a continuous unrealized loss position:

December 31, 2020
 
Less than 12 Months
  
12 Months or More
  
Total
 
Securities Available for Sale
 
Fair
Value
  
Unrealized
Loss
  
Fair
Value
  
Unrealized
Loss
  
Fair
Value
  
Unrealized
Loss
 
Agency mortgage-backed securities, residential
 
$
14,517
  
$
(4
)
 
$
----
  
$
----
  
$
14,517
  
$
(4
)
Total available for sale
 
$
14,517
  
$
(4
)
 
$
----
  
$
----
  
$
14,517
  
$
(4
)

December 31, 2019
 
Less than 12 Months
  
12 Months or More
  
Total
 
Securities Available for Sale
 
Fair
Value
  
Unrealized
Loss
  
Fair
Value
  
Unrealized
Loss
  
Fair
Value
  
Unrealized
Loss
 
U.S. Government sponsored entity securities
 
$
----
  
$
----
  
$
1,999
  
$
(6
)
 
$
1,999
  
$
(6
)
Agency mortgage-backed securities, residential
  
15,041
   
(84
)
  
21,344
   
(212
)
  
36,385
   
(296
)
Total available for sale
 
$
15,041
  
$
(84
)
 
$
23,343
  
$
(218
)
 
$
38,384
  
$
(302
)

  
Less than 12 Months
  
12 Months or More
  
Total
 
Securities Held to Maturity
 
Fair
Value
  
Unrecognized
Loss
  
Fair
Value
  
Unrecognized
Loss
  
Fair
Value
  
Unrecognized
Loss
 
Obligations of states and political subdivisions
 
$
204
  
$
(1
)
 
$
----
  
$
----
  
$
204
  
$
(1
)
Total held to maturity
 
$
204
  
$
(1
)
 
$
----
  
$
----
  
$
204
  
$
(1
)