Securities (Tables)

9 Months Ended

Sep. 30, 2019

Securities

Summary of amortized cost and fair value of available-for-sale investment securities portfolios and corresponding amounts of unrealized gains and losses

			Gross		Gross
			Unrealized		Unrealized
	Amortized Cost		Gains		Losses		Fair Value
	(In thousands)
September 30, 2019:
Federal agency mortgage-backed securities	$	8,245	$	167	$	(2)	$	8,410
Federal agency debt		5,178		83		—		5,261
Total available-for-sale securities	$	13,423	$	250	$	(2)	$	13,671
December 31, 2018:
Federal agency mortgage-backed securities	$	9,575	$	88	$	(155)	$	9,508
Federal agency debt		5,317		—		(103)		5,214
Total available-for-sale securities	$	14,892	$	88	$	(258)	$	14,722

Summary of securities in unrealized loss position

	Less than 12 months				12 months or more				Total
			Gross				Gross		Estimated		Gross
	Estimated		Unrealized		Estimated		Unrealized		Fair		Unrealized
	Fair Value		Losses		Fair Value		Losses		Value		Losses
	(In thousands)
September 30, 2019:
Federal agency mortgage-backed securities	$	623	$	(2)	$	—	$	—	$	623	$	(2)
Total temporarily impaired	$	623	$	(2)	$	—	$	—	$	623	$	(2)
December 31, 2018:
Federal agency mortgage-backed securities	$	2,649	$	(25)	$	4,213	$	(130)	$	6,862	$	(155)
Federal agency debt		1,979		(10)		3,235		(93)		5,214		(103)
Total temporarily impaired	$	4,628	$	(35)	$	7,448	$	(223)	$	12,076	$	(258)