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Securities (Tables)
6 Months Ended
Jun. 30, 2016
Securities  
Summary of amortized cost and fair value of available-for-sale investment securities and corresponding amounts of unrealized gains

 

 

 

Amortized Cost

 

Gross
Unrealized
Gains

 

Gross
Unrealized
Losses

 

Fair Value

 

 

 

(In thousands)

 

June 30, 2016:

 

 

 

 

 

 

 

 

 

Residential mortgage-backed

 

$

12,939

 

$

490

 

$

-

 

$

13,429

 

U.S. Government and federal agency

 

 

1,953

 

 

71

 

 

-

 

 

2,024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total available-for-sale securities

 

$

14,892

 

$

561

 

$

-

 

$

15,453

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2015:

 

 

 

 

 

 

 

 

 

Residential mortgage-backed

 

$

11,796

 

$

371

 

$

-

 

$

12,167

 

U.S. Government and federal agency

 

1,946

 

27

 

-

 

1,973

 

 

 

 

 

 

 

 

 

 

 

Total available-for-sale securities

 

$

13,742

 

$

398

 

$

-

 

$

14,140

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of amortized cost and fair value of the investment securities portfolios by contractual maturity

 

 

 

Available-for-Sale

 

Maturity

 

Amortized Cost

 

Fair Value

 

 

 

(In thousands)

 

Within one year

 

$

-

 

$

-

 

One to five years

 

1,953

 

2,024

 

Five to ten years

 

-

 

-

 

Beyond ten years

 

-

 

-

 

Residential mortgage-backed

 

12,939

 

13,429

 

 

 

 

 

 

 

Total

 

$

14,892

 

$

15,453