5. SECURITIES (Tables)

12 Months Ended

Dec. 31, 2019

Investments, Debt and Equity Securities [Abstract]

Schedule amortized cost and fair value for securities

The amortized cost and fair value, with unrealized gains and losses, of securities held to maturity were as follows:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
December 31, 2019
U. S. Treasuries	$	124	$	-	$	-	$	124
December 31, 2018
U. S. Treasuries	$	123	$	-	$	-	$	123

The amortized cost and fair value of securities available for sale are as follows:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
December 31, 2019
U. S. Government sponsored enterprises	$	2,000	$	-	$	11	$	1,989
Mortgage-backed obligations of federal agencies		317		2		-		319
Other debt securities		2,059		-		1		2,058
Total Securities Available for Sale	$	4,376	$	2	$	12	$	4,366
December 31, 2018
U. S. Government sponsored enterprises		7,999		-		113		7,886
Mortgage-backed obligations of federal agencies		409		-		6		403
Total Securities Available for Sale	$	8,408	$	-	$	119	$	8,289

Schedule of gain and losses on sales of debt and equity securities

	Securities Held to Maturity				Securities Available for Sale
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Due in one year or less	$	124	$	124	$	-	$	-
Due after one year through five years		-		-		4,059		4,047
Due after five years through ten years		-		-		317		319
Due after ten years		-		-		-		-
Total	$	124	$	124	$	4,376	$	4,366

Schedule of securities with unrealized losses

	Less than 12 Months				More than 12 Months				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
December 31, 2019
U. S. Government sponsored enterprises	$	1,989	$	11	$	-	$	-	$	1,989	$	11
Other debt securities		2,058		1		-		-		2,058		1
Total	$	4,047	$	12	$	-	$	-	$	4,047	$	12

	Less than 12 Months				More than 12 Months					Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses			Fair Value		Unrealized Losses
December 31, 2018
U. S. Government sponsored enterprises	$	-	$	-	$	7,886	$	(113	)	$	7,886	$	(113	)
Mortgage-backed obligations of federal agencies		-		-		403		(6	)		403		(6	)
Total	$	-	$	-	$	8,289	$	(119	)	$	8,289	$	(119	)