5. Investment Securities (Tables)

9 Months Ended

Sep. 30, 2017

Table Text Block Supplement [Abstract]

Schedule of Available-for-sale Securities Reconciliation

The following is a summary of the Company's investment portfolio: 

(In 000’s)	September 30, 2017
		Gross	Gross
	Amortized	Unrealized	Unrealized	Fair
	Cost	Gains	Losses	Value
Available-for-sale:
U.S. Government agency securities	$  2,349	$  -	$ ( 51)	$  2,298
Government Sponsored Enterprises residential mortgage-backed securities	2,843	29	(14)	2,858
Investments in money market funds	131	-	-	131
	$  5,323	$  29	$ (65)	$  5,287
	December 31, 2016
		Gross	Gross
	Amortized	Unrealized	Unrealized	Fair
	Cost	Gains	Losses	Value
Available-for-sale:
U.S. Government agency securities	$  2,350	-	$   (82)	$   2,268
Government Sponsored Enterprises residential mortgage-backed securities	3,193	25	(38)	3,180
Investments in money market funds	130	-	-	130
	$  5,673	$   25	$   (120)	$  5,578

Schedule of Investments Classified by Contractual Maturity Date

The amortized cost and fair value of debt securities classified as available-for-sale by contractual maturity as of September 30, 2017, are as follows:

(In 000’s)	Amortized Cost				Fair Value
Due in one year	$	-	$	-
Due after one year through five years
Due after five years through ten years		2,349		2,298
Government Sponsored Enterprises residential mortgage-backed securities		2,843		2,858
Total debt securities		5,192		5,156
Investments in money market funds		131		131
	$	5,323	$	5,287

Schedule of Unrealized Loss on Investments

The table below indicates the length of time individual securities have been in a continuous unrealized loss position at September 30, 2017:

(in 000’s)	Number	Less than 12 months		12 months or longer		Total
Description of	Of	Fair	Unrealized	Fair	Unrealized	Fair	Unrealized
Securities	Securities	Value	Losses	Value	losses	value	Losses
U.S. Government
agency securities	7	$ 1,330	$ (31)	$ 968	$ (20)	$2,298	$  (51)
Government Sponsored Enterprises residential
mortgage-backed securities	4	571	(5)	217	(9)	788	(14)
Total temporarily
impaired investment
Securities	11	$  1,901	$ (36)	$ 1,185	$  (29)	$ 3,086	$  (65)

The table below indicates the length of time individual securities have been in a continuous unrealized loss position at December 31, 2016:

(in 000’s)	Number	Less than 12 months		12 months or longer		Total
Description of	Of	Fair	Unrealized	Fair	Unrealized	Fair	Unrealized
Securities	Securities	Value	Losses	Value	Losses	value	Losses
U.S. Government
agency securities	7	$ 2,268	$ (82)	-	-	$ 2,268	$ (82)
Government Sponsored Enterprises residential
mortgage-backed securities	10	2,026	(38)	-	-	2,026	(38)
Total temporarily
impaired investment
Securities	17	$ 4,294	$ (120)	-	-	$ 4,294	$ (120)