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Securities Available-for-sale (Tables)
 6 Months Ended
Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-sale Securities Reconciliation
The following tables present the amortized costs, unrealized gains, unrealized losses, and estimated fair values of securities available-for-sale at June 30, 2017 and December 31, 2016:
 
June 30, 2017
 
SECURITIES AVAILABLE-FOR-SALE
Amortized
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Estimated
Fair
Values
U.S. agency securities
$
8,005

 
$
88

 
$
(12
)
 
$
8,081

Corporate securities
7,134

 
24

 
(75
)
 
7,083

Municipal bonds
9,183

 
247

 
(34
)
 
9,396

Mortgage-backed securities
43,128

 
61

 
(438
)
 
42,751

U.S. Small Business Administration securities
11,618

 
48

 
(45
)
 
11,621

Total securities available-for-sale
$
79,068

 
$
468

 
$
(604
)
 
$
78,932

 
 
 
 
 
 
 
 
 
December 31, 2016
 
SECURITIES AVAILABLE-FOR-SALE
Amortized
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Estimated
Fair
Values
U.S. agency securities
$
8,150

 
$
12

 
$
(94
)
 
$
8,068

Corporate securities
7,654

 
14

 
(168
)
 
7,500

Municipal bonds
15,183

 
164

 
(83
)
 
15,264

Mortgage-backed securities
45,856

 
52

 
(713
)
 
45,195

U.S. Small Business Administration securities
5,862

 
27

 
(41
)
 
5,848

Total securities available-for-sale
$
82,705

 
$
269

 
$
(1,099
)
 
$
81,875
Schedule of Unrealized Loss on Investments
Investment securities that were in an unrealized loss position at June 30, 2017 and December 31, 2016 are presented in the following tables, based on the length of time individual securities have been in an unrealized loss position. Management believes that these securities are only temporarily impaired due to changes in market interest rates or the widening of market spreads subsequent to the initial purchase of the securities, and not due to concerns regarding the underlying credit of the issuers or the underlying collateral. 
 
June 30, 2017
 
Less than 12 Months
 
12 Months or Longer
 
Total
 
SECURITIES AVAILABLE-FOR-SALE
Fair Value
 
Unrealized
Losses
 
Fair Value
 
Unrealized
Losses
 
Fair Value
 
Unrealized
Losses
U.S. agency securities
$
2,025

 
$
(12
)
 
$
—

 
$
—

 
$
2,025

 
$
(12
)
Corporate securities
2,122

 
(6
)
 
1,927

 
(69
)
 
4,049

 
(75
)
Municipal bonds
2,443

 
(34
)
 
—

 
—

 
2,443

 
(34
)
Mortgage-backed securities
31,393

 
(402
)
 
1,184

 
(36
)
 
32,577

 
(438
)
U.S. Small Business Administration securities
6,828

 
(45
)
 
—

 
—

 
6,828

 
(45
)
Total
$
44,811

 
$
(499
)
 
$
3,111

 
$
(105
)
 
$
47,922

 
$
(604
)
 
December 31, 2016
 
Less than 12 Months
 
12 Months or Longer
 
Total
 
SECURITIES AVAILABLE-FOR-SALE
Fair Value
 
Unrealized
Losses
 
Fair Value
 
Unrealized
Losses
 
Fair Value
 
Unrealized
Losses
U.S. agency securities
$
6,998

 
$
(94
)
 
$
—

 
$
—

 
$
6,998

 
$
(94
)
Corporate securities
5,048

 
(106
)
 
1,438

 
(62
)
 
6,486

 
(168
)
Municipal bonds
6,741

 
(83
)
 
—

 
—

 
6,741

 
(83
)
Mortgage-backed securities
39,373

 
(713
)
 
—

 
—

 
39,373

 
(713
)
U.S. Small Business Administration securities
2,963

 
(41
)
 
—

 
—

 
2,963

 
(41
)
Total
$
61,123

 
$
(1,037
)
 
$
1,438

 
$
(62
)
 
$
62,561

 
$
(1,099
)
Schedule of Available for Sale Securities by Contractual Maturity
The contractual maturities of securities available-for-sale at June 30, 2017 and December 31, 2016 are listed below. Expected maturities of mortgage-backed securities may differ from contractual maturities because borrowers may have the right to call or prepay the obligations; therefore, these securities are classified separately with no specific maturity date.
 
June 30, 2017
 
December 31, 2016
U.S. agency securities
Amortized
Cost
 
Fair
Value
 
Amortized
Cost
 
Fair
Value
Due after one year through five years
$
—

 
$
—

 
$
4,000

 
$
3,956

Due after five years through ten years
8,005

 
8,081

 
4,150

 
4,112

Subtotal
8,005

 
8,081

 
8,150

 
8,068

Corporate securities
 
 
 
 
 
 
 
Due after one year through five years
5,138

 
5,156

 
5,659

 
5,625

Due after five years through ten years
1,996

 
1,927

 
1,995

 
1,875

Subtotal
7,134

 
7,083

 
7,654

 
7,500

Municipal bonds
 
 
 
 
 
 
 
Due in one year or less
—

 
—

 
509

 
513

Due after one year through five years
2,024

 
2,076

 
5,326

 
5,386

Due after five years through ten years
2,239

 
2,351

 
7,476

 
7,492

Due after ten years
4,920

 
4,969

 
1,872

 
1,873

Subtotal
9,183

 
9,396

 
15,183

 
15,264

Mortgage-backed securities
 
 
 
 
 
 
 
Federal National Mortgage Association (“FNMA”)
24,885

 
24,729

 
23,522

 
23,197

Federal Home Loan Mortgage Corporation (“FHLMC”)
11,559

 
11,375

 
14,950

 
14,662

Government National Mortgage Association (“GNMA”)
6,684

 
6,647

 
7,384

 
7,336

Subtotal
43,128

 
42,751

 
45,856

 
45,195

U.S. Small Business Administration securities
 
 
 
 
 
 
 
Due after five years through ten years
9,613

 
9,618

 
5,862

 
5,848

Due after ten years
2,005

 
2,003

 
—

 
—

Subtotal
11,618

 
11,621

 
5,862

 
5,848

Total
$
79,068

 
$
78,932

 
$
82,705

 
$
81,875