5. Investment Securities (Tables)

9 Months Ended

Sep. 30, 2016

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, 2016
		Gross	Gross
	Amortized	Unrealized	Unrealized	Fair
	Cost	Gains	Losses	Value
Available-for-sale:
U.S. Government agency securities	$ 2,699	$      2	$    ( 2)	$   2,699
Government Sponsored Enterprises residential mortgage-backed securities	3,355	100	-	3,455
Investments in money market funds	130	-	-	130
	$ 6,184	$  102	$     (2)	$   6,284
	December 31, 2015
		Gross	Gross
	Amortized	Unrealized	Unrealized	Fair
	Cost	Gains	Losses	Value
Available-for-sale:
U.S. Government agency securities	$  3,697	$      3	$   (38)	$   3,662
Government Sponsored Enterprises residential mortgage-backed securities	3,774	36	(30)	3,780
Investments in money market funds	130	-	-	130
	$  7,601	$   39	$   (68)	$  7,572

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, 2016, 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		2,699		2,699
Government Sponsored Enterprises residential mortgage-backed securities		3,355		3,455
Total debt securities		6,054		6,154
Investments in money market funds		130		130
	$	6,184	$	6,284

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, 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	2	$997	$  (2)	$-	$ -	$997	$ (2)
Total temporarily
impaired investment
Securities	2	$ 997	$   (2)	$-	$-	$ 997	$ (2)

The table below indicates the length of time individual securities have been in a continuous unrealized loss position at December 31, 2015:

(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	9	$ 2,416	$   (32)	$ 243	$  (6)	$ 2,659	$ (38)
Government Sponsored Enterprises residential
mortgage-backed securities	8	1,486	(19)	227	(11)	1,713	(30)
Total temporarily
impaired investment
Securities	17	$ 3,902	$   (51)	$ 470	$ (17)	$ 4,372	$ (68)