Investment Securities (Tables)

9 Months Ended

Sep. 30, 2020

Investment Securities

Schedule of amortized cost and fair value for securities

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
September 30, 2020
U. S. Treasuries	$	125	$	-	$	-	$	125
December 31, 2019
U. S. Treasuries	$	124	$	-	$	-	$	124

Schedule of amortized cost and fair value of securities current

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
September 30, 2020
U. S. Government sponsored enterprises	$	6,000	$	7	$	-		$	6,007
Securities issued by States and political subdivisions in the U.S.		17,194		397		(58	)		17,533
Mortgage-backed obligations of federal agencies		76,889		261		(437	)		76,713
Corporate debt security		6,789		235		(194	)		6,830
Total Securities Available for Sale	$	106,872	$	900	$	(689	)	$	107,083
December 31, 2019
U. S. Government sponsored enterprises	$	2,000	$	-	$	(11	)	$	1,989
Mortgage-backed obligations of federal agencies		317		2		-			319
Corporate debt security		2,059		-		(1	)		2,058
Total Securities Available for Sale	$	4,376	$	2	$	(12	)	$	4,366

Schedule of unrealized losses

Schedule amortized cost and fair value of securities, maturity

	Securities Held to Maturity				Securities Available for Sale
	Amortized		Fair		Amortized		Fair
(dollars in thousands)	Cost		Value		Cost		Value
Due in one year or less	$	125	$	125	$	-	$	-
Due after one year through five years		-		-		70,733		70,611
Due after five years		-		-		28,042		28,140
Due after ten years		-		-		8,098		8,332
Total	$	125	$	125	$	106,873	$	107,083

	Less than 12 Months					More than 12 Months				Total
	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
September 30, 2020
Securities issued by States and political subdivisions in the U.S.	$	17,533	$	(58	)	$	-	$	-	$	17,533	$	(58	)
Mortgage-backed obligations of federal agencies		76,713		(437	)		-		-		76,713		(437	)
Corporate debt security		6,830		(194	)		-		-		6,830		(194	)
Total	$	101,076	$	(689	)	$	-	$	-	$	101,076	$	(689	)
	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	)
Corporate debt security		2,058		(1	)		-		-		2,058		(1	)
Total	$	4,047	$	(12	)	$	-	$	-	$	4,047	$	(12	)