Securities (Tables)

3 Months Ended

Mar. 31, 2024

Tax Credit Investments [Abstract]

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

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
March 31, 2024 (unaudited)
Corporate debt	$	9,981	$	-	$	2,881	$	7,100
Issued by U.S. government-sponsored entities and agencies:
U.S. Treasury		501		-		6		495
Mortgage-backed securities - residential (1)		2		-		-		2
Total	$	10,484	$	-	$	2,887	$	7,597

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

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
December 31, 2023
Corporate debt	$	9,980	$	-	$	2,880	$	7,100
Issued by U.S. government-sponsored entities and agencies:
U.S. Treasury		1,007		-		19		988
Mortgage-backed securities - residential (1)		4		-		-		4
Total	$	10,991	$	-	$	2,899	$	8,092

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

Securities Classified By Maturity Date

	March 31, 2024					December 31, 2023
	(unaudited)
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Due in one year or less	$	501	$	495	$	1,007	$	988
Due from one to five years		-		-		-		-
Due from five to ten years		9,981		7,100		9,980		7,100
Mortgage-backed securities - residential		2		2		4		4
Total	$	10,484	$	7,597	$	10,991	$	8,092

Fair Value Of Securities Pledged

	March 31, 2024		December 31, 2023
	(unaudited)
Pledged as collateral for:
FHLB advances	$	-	$	497
Public deposits		496		492
Total	$	496	$	989

Securities With Unrealized Losses

March 31, 2024 (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	$	-	$	-	$	7,100	$	2,881	$	7,100	$	2,881
Issued by U.S. government-sponsored entities and agencies:
U.S. Treasury		-		-		496		6		496		6
Mortgage-backed securities - residential (1)		-		-		1		-		1		-
Total temporarily impaired	$	-	$	-	$	7,597	$	2,887	$	7,597	$	2,887

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

‎

December 31, 2023	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	$	-	$	-	$	7,100	$	2,880	$	7,100	$	2,880
Issued by U.S. government-sponsored entities and agencies:
U.S. Treasury		-		-	$	988		19		988		19
Mortgage-backed securities - residential (1)		1		-		3		-		4		-
Total temporarily impaired	$	1	$	-	$	8,091	$	2,899	$	8,092	$	2,899

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