Debt Securities (Tables)

12 Months Ended

Dec. 31, 2020

Debt Securities [Abstract]

Summary of Amortized Cost and Fair Value of Securities Available-for-Sale

	Amortized		Gross		Gross
	Cost		Unrealized		Unrealized		Fair
(In thousands)	Basis		Gains		Losses		Value
December 31, 2020
State and municipal	$	10,211	$	683	$	—	$	10,894
Asset-backed securities		4,432		278		—		4,710
Government mortgage-backed securities		16,172		449		10		16,611
Total debt securities available-for-sale	$	30,815	$	1,410	$	10	$	32,215
December 31, 2019
State and municipal	$	10,808	$	398	$	—	$	11,206
Asset-backed securities		5,433		71		4		5,500
Government mortgage-backed securities		24,954		197		67		25,084
Total debt securities available-for-sale	$	41,195	$	666	$	71	$	41,790

Schedule of Maturities of Debt Securities

	Available-for-Sale
	Amortized		Fair
(In thousands)	Cost		Value
Due after one year through five years	$	919	$	963
Due after five years through ten years		912		917
Due after ten years		8,380		9,014
Government mortgage-backed securities		16,172		16,611
Asset-backed securities		4,432		4,710
	$	30,815	$	32,215

Schedule of Aggregate Fair Value and Unrealized Losses of Securities

	Less than 12 Months				12 Months or Longer				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
(In thousands)	Value		Losses		Value		Losses		Value		Losses
December 31, 2020
Temporarily impaired securities:
Government mortgage-backed securities	$	—	$	—	$	817	$	10	$	817	$	10
Total temporarily impaired debt securities	$	—	$	—	$	817	$	10	$	817	$	10
December 31, 2019
Temporarily impaired securities:
Asset-backed securities	$	606	$	4	$	—	$	—	$	606	$	4
Government mortgage-backed securities		5,207		8		5,418		59		10,625		67
Total temporarily impaired debt securities	$	5,813	$	12	$	5,418	$	59	$	11,231	$	71