5. Investment Securities (Tables)

9 Months Ended

Sep. 30, 2015

Tables/Schedules

Schedule of Available-for-sale Securities Reconciliation

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

(In 000’s)	September 30, 2015
		Gross	Gross
	Amortized	Unrealized	Unrealized	Fair
	Cost	Gains	Losses	Value
Available-for-sale:
U.S. Government agency securities	$3,097	$2	$(9)	$3,090
Government Sponsored Enterprises residential mortgage-backed securities	3,893	63	(12)	3,944
Investments in money market funds	130	-	-	130
	$7,120	$65	$(21)	$7,164

	December 31, 2014
		Gross	Gross
	Amortized	Unrealized	Unrealized	Fair
	Cost	Gains	Losses	Value
Available-for-sale:
U.S. Government agency securities	$4,097	$-	$(61)	$4,036
Government Sponsored Enterprises residential mortgage-backed securities	4,333	60	(20)	4,374
Investments in money market funds	130	-	-	130
	$8,560	$60	$(81)	$8,540

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, 2015, 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	3,097	3,090
Government Sponsored Enterprises residential mortgage-backed securities	3,893	3,944
Total debt securities	6,990	7,034
Investments in money market funds	130	130
	$7,120	$7,164

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, 2015:

	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	6	$248	$(8)	$1,491	$(1)	$1,739	$(9)
Government Sponsored Enterprises residential mortgage-backed securities	4	231	(4)	755	(8)	986	(12)
Total temporarily impaired investment Securities	10	$479	$(12)	$2,246	$(9)	$2,725	$(21)

The table below indicates the length of time individual securities have been in a continuous unrealized loss position at December 31, 2014:

	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	13	$246	$(4)	$3,290	$(57)	$3,536	$(61)
Government Sponsored Enterprises residentialortgage-backed securities	6	-	-	1,440	(20)	1,440	$(20)
Total temporarily impaired investment Securities	19	$246	$(4)	$4,730	$(77)	$4,976	$(81)