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Securities (Tables)
12 Months Ended
Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-sale Securities Reconciliation
The amortized cost and fair value of securities available-for-sale at December 31, 2019 and 2018 are summarized as follow (in thousands): 
 December 31, 2019
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
U.S. Government-sponsored enterprises (GSEs)$19,015  $41  $(56) $19,000  
Municipal securities63,792  618  (19) 64,391  
Other debt securities3,481  22  (33) 3,470  
Mortgage-backed securities (GSEs)91,531  382  (426) 91,487  
Total$177,819  $1,063  $(534) $178,348  
 
 December 31, 2018
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
U.S. Government-sponsored enterprises (GSEs)$44,117  $12  $(626) $43,503  
Municipal securities55,248  276  (363) 55,161  
Other debt securities977  —  (67) 910  
Mortgage-backed securities (GSEs)103,875  153  (1,914) 102,114  
Total$204,217  $441  $(2,970) $201,688  
Investments Classified by Contractual Maturity Date
The amortized cost and estimated market value of securities at December 31, 2019, by contractual maturity, are shown below (in thousands). Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. 
Amortized
Cost
Fair
Value
Due in one year or less$3,292  $3,290  
Due from one year to five years11,015  10,962  
Due from five years to ten years12,514  12,569  
Due after ten years59,467  60,040  
 86,288  86,861  
Mortgage-backed securities91,531  91,487  
Total$177,819  $178,348  
Schedule of Unrealized Loss on Investments
The following tables present the gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities available-for-sale have been in a continuous unrealized loss position, as of December 31, 2019 and 2018 (in thousands):
 
 As of December 31, 2019
 Less than 12 Months12 Months or GreaterTotal
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
U.S. Government- sponsored enterprises (GSEs)$2,972  $(43) $5,987  $(13) $8,959  $(56) 
Municipal securities3,656  (16) 527  (3) 4,183  (19) 
Other debt securities—  —  947  (33) 947  (33) 
Mortgage-backed securities (GSEs)13,208  (194) 19,988  (232) 33,196  (426) 
Total$19,836  $(253) $27,449  $(281) $47,285  $(534) 
 
 As of December 31, 2018
 Less than 12 Months12 Months or GreaterTotal
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
U.S. Government- sponsored enterprises (GSEs)$14,763  $(237) $13,728  $(389) $28,491  $(626) 
Municipal securities16,455  (150) 4,767  (213) 21,222  (363) 
Other debt securities—  —  910  (67) 910  (67) 
Mortgage-backed securities (GSEs)10,516  (155) 69,884  (1,759) 80,400  (1,914) 
Total$41,734  $(542) $89,289  $(2,428) $131,023  $(2,970) 
Schedule of Temporarily Impaired Securities
At December 31, 2019, the categories of temporarily impaired securities in an unrealized loss position twelve months or greater are as follows (dollars in thousands):

Gross Unrealized LossNumber of Securities
U.S. Government- sponsored enterprises (GSEs)$(13)  
Municipal securities(3)  
Other debt securities(33)  
Mortgage-backed securities (GSEs)(232) 31  
$(281) 35
Schedule of Realized Gain (Loss) on Available-for-sale Securities
Sales and redemption of available-for-sale securities for the years ended December 31, 2019 and 2018, were as follows (in thousands):
20192018
Proceeds from sales and redemption$32,070  $75,625  
Gains realized35   
Losses realized  
Schedule of Other Investments
The following is the amortized cost and carrying value of other investments (in thousands):


As of December 31,
20192018
Federal Reserve Bank stock$7,917  7,010  
Federal Home Loan Bank stock4,646  4,139  
First National Bankers Bank stock350  350  
$12,913  $11,499