XML 40 R15.htm IDEA: XBRL DOCUMENT

Securities Held-to-Maturity

12 Months Ended

Dec. 31, 2018

7. Securities Held-to-Maturity

The following table is a summary of the Company’s securities held-to-maturity:

	December 31,
	2018		2017
Federal agency debt instruments (amortized cost)	$	20,180	$	21,299

The following table summarizes unrealized gains, losses, and fair value of securities held-to-maturity:

	December 31,
	2018			2017
Cost/amortized cost	$	20,180		$	21,299
Gross unrealized gains		5			9
Gross unrealized losses		(1,679	)		(1,257	)
Fair value	$	18,506		$	20,051

The Company assesses these securities for other-than-temporary impairment on a quarterly basis. No securities were determined to be other-than-temporarily impaired for the years ended December 31, 2018 and 2017. The Company does not intend to sell these securities and it is not more likely than not that the Company will be required to sell the securities before recovery of their amortized cost bases, which may be at maturity.

The following table sets forth the maturity profile of the securities held-to-maturity; however, these securities may be called prior to maturity date:

	December 31,
	2018		2017
Due within one year	$	—	$	1,000
Due one year through five years		—		11
Due five years through ten years		7,521		6,027
Due over ten years		12,659		14,261
Total	$	20,180	$	21,299