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Securities (Tables)
 6 Months Ended
Jun. 30, 2021
Securities [Abstract]  
Available-for-Sale Investment Securities Portfolios

The following table summarizes the amortized cost and fair value of the available-for-sale investment securities portfolios as of the periods indicated and the corresponding amounts of unrealized gains and losses which were recognized in accumulated other comprehensive income (loss):
 
Amortized Cost
    
Gross Unrealized Gains
    
Gross Unrealized Losses
    
Fair Value
  
 
(In thousands)
  
June 30, 2021:
    
Federal agency mortgage-backed securities
  
$
83,687
    
$
629
    
$
(60
)
  
$
84,256
  
Federal agency debt
    
33,207
      
199
      
-
      
33,406
  
Municipal bonds
    
4,914
      
63
      
(5
)
    
4,972
  
U. S. Treasuries
    
18,191
      
24
      
-
      
18,215
  
SBA pools
    
17,581
      
403
      
(1
)
    
17,983
  
       Total available-for-sale securities
  
$
157,580
    
$
1,318
    
$
(66
)
  
$
158,832
  
December 31, 2020:
    
Federal agency mortgage-backed securities
  
$
5,550
    
$
257
    
$
-
    
$
5,807
  
Federal agency debt
    
2,682
      
190
      
-
      
2,872
  
Municipal bonds
    
2,000
      
19
      
-
      
2,019
  
       Total available-for-sale securities
  
$
10,232
    
$
466
    
$
-
    
$
10,698
  
Amortized Cost and Fair Value of Investment Securities by Contractual Maturity

The amortized cost and estimated fair value of all investment securities available-for-sale at June 30, 2021, by contractual maturities are shown below.  Contractual maturities may differ from expected maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.


 
Amortized Cost
    
Gross Unrealized Gains
    
Gross Unrealized Losses
    
Fair Value
  
 
(In thousands)
  
     
Due in one year or less
  
$
-
    
$
-
    
$
-
    
$
-
  
Due after one year through five years
    
30,244
      
42
      
-
      
30,286
  
Due after five years through ten years
    
23,002
      
294
      
(11
)
    
23,285
  
Due after ten years (1)
    
104,334
      
982
      
(55
)
    
105,261
  
   
$
157,580
    
$
1,318
    
$
(66
)
  
$
158,832
  

(1)
Mortgage-backed securities, collateralized mortgage obligations and SBA pools do not have a single stated maturity date and  therefore have been included in the “Due after ten years” category.