Securities (Tables)

3 Months Ended

Mar. 31, 2023

Securities [Abstract]

Amortized Cost And Fair Value Of Available-For-Sale Securities Portfolio

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
March 31, 2023 (unaudited)
Corporate debt	$	9,979	$	-	$	2,779	$	7,200
Issued by U.S. government-sponsored entities and agencies:
U.S. Treasury		2,520		-		72		2,448
Mortgage-backed securities - residential (1)		13		-		-		13
Total	$	12,512	$	-	$	2,851	$	9,661

⁽¹⁾Unrealized loss is less than $1 resulting in rounding to zero.

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
December 31, 2022
Corporate debt	$	9,978	$	-	$	2,478	$	7,500
Issued by U.S. government-sponsored entities and agencies:
U.S. Treasury		3,025		-		100		2,925
Mortgage-backed securities - residential		17		-		-		17
Total	$	13,020	$	-	$	2,578	$	10,442

Securities Classified By Maturity Date

	March 31, 2023					December 31, 2022
	(unaudited)
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Due in one year or less	$	2,010	$	1,964	$	2,001	$	1,961
Due from one to five years		510		484		1,024		964
Due from five to ten years		9,979		7,200		9,978		7,500
Mortgage-backed securities - residential		13		13		17		17
Total	$	12,512	$	9,661	$	13,020	$	10,442

Fair Value Of Securities Pledged

	March 31, 2023		December 31, 2022
	(unaudited)
Pledged as collateral for:
FHLB advances	$	975	$	967
Public deposits		484		479
Total	$	1,459	$	1,446

Securities With Unrealized Losses

March 31, 2023 (unaudited)	Less than 12 Months				12 Months or More				Total
Description of Securities	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
Corporate debt	$	-	$	-	$	7,200	$	2,779	$	7,200	$	2,779
Issued by U.S. government-sponsored entities and agencies:
U.S. Treasury		-		-		2,448		72		2,448		72
Mortgage-backed securities - residential (1)		13		-		-		-		13		-
Total temporarily impaired	$	13	$	-	$	9,648	$	2,851	$	9,661	$	2,851

⁽¹⁾Unrealized loss is less than $1 resulting in rounding to zero.

‎

December 31, 2022	Less than 12 Months				12 Months or More				Total
Description of Securities	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
Corporate debt	$	-	$	-	$	7,500	$	2,478	$	7,500	$	2,478
Issued by U.S. government-sponsored entities and agencies:
U.S. Treasury		1,482		19	$	1,443		81		2,925		100
Mortgage-backed securities - residential (1)		17		-		-		-		17		-
Total temporarily impaired	$	1,499	$	19	$	8,943	$	2,559	$	10,442	$	2,578

⁽¹⁾Unrealized loss is less than $1 resulting in rounding to zero.