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Securities (Tables)
 12 Months Ended
Dec. 31, 2016
Investments, Debt and Equity Securities [Abstract]  
Available-for-sale Securities
The amortized cost and fair value of securities available-for-sale at December 31, 2016 and 2015 are summarized as follow (in thousands): 
 
 
December 31, 2016
 
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
U.S. Government-sponsored enterprises (GSEs)
 
$
18,279

 
$
8

 
$
(564
)
 
$
17,723

Municipal securities
 
8,182

 
16

 
(179
)
 
8,019

Mortgage-backed securities
 
104,585

 
185

 
(1,090
)
 
103,680

Total
 
$
131,046

 
$
209

 
$
(1,833
)
 
$
129,422

 
 
 
December 31, 2015
 
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
U.S. Government-sponsored enterprises (GSEs)
 
$
22,745

 
$
48

 
$
(50
)
 
$
22,743

Municipal securities
 
7,614

 
52

 
(17
)
 
7,649

Mortgage-backed securities
 
136,625

 
375

 
(979
)
 
136,021

Total
 
$
166,984

 
$
475

 
$
(1,046
)
 
$
166,413
Schedule Of Available For Sale Securities and Held To Maturity Reconciliation
The amortized cost and estimated market value of securities at December 31, 2016, by contractual maturity, are shown below (in thousands). Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. 
 
 
Amortized
Cost
 
Fair
Value
Due in one year or less
 
$
2,022

 
$
2,025

Due from one year to five years
 
13,387

 
12,974

Due from five years to ten years
 
7,595

 
7,351

Due after ten years
 
3,457

 
3,392

 
 
26,461

 
25,742

Mortgage-backed securities
 
104,585

 
103,680

Total
 
$
131,046

 
$
129,422
Investments Classified by Contractual Maturity Date
The following tables present the gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities available-for-sale have been in a continuous unrealized loss position, as of December 31, 2016 and 2015 (in thousands):
 
 
 
As of December 31, 2016
 
 
Less than 12 Months
 
12 Months or Greater
 
Total
 
 
Fair
Value
 
Gross
Unrealized
Losses
 
Fair
Value
 
Gross
Unrealized
Losses
 
Fair
Value
 
Gross
Unrealized
Losses
U.S. Government- sponsored enterprises (GSEs)
 
$
14,702

 
$
(564
)
 
$
—

 
$
—

 
$
14,702

 
$
(564
)
Municipal securities
 
6,368

 
(179
)
 
—

 
—

 
6,368

 
(179
)
Mortgage-backed securities
 
67,063

 
(690
)
 
8,948

 
(400
)
 
76,011

 
(1,090
)
Total
 
$
88,133

 
$
(1,433
)
 
$
8,948

 
$
(400
)
 
$
97,081

 
$
(1,833
)
 
 
 
As of December 31, 2015
 
 
Less than 12 Months
 
12 Months or Greater
 
Total
 
 
Fair
Value
 
Gross
Unrealized
Losses
 
Fair
Value
 
Gross
Unrealized
Losses
 
Fair
Value
 
Gross
Unrealized
Losses
U.S. Government- sponsored enterprises (GSEs)
 
$
8,464

 
$
(50
)
 
$
—

 
$
—

 
$
8,464

 
$
(50
)
Municipal securities
 
2,456

 
(17
)
 
—

 
—

 
2,456

 
(17
)
Mortgage-backed securities
 
72,641

 
(470
)
 
16,325

 
(509
)
 
88,966

 
(979
)
Total
 
$
83,561

 
$
(537
)
 
$
16,325

 
$
(509
)
 
$
99,886

 
$
(1,046
)
Schedule of Unrealized Loss on Investments
Sales of available for sale securities for the years ended December 31, 2016 and 2015, were as follows (in thousands):
 
 
 
2016
 
2015
Proceeds
 
$
31,599

 
$
7,304

Gains realized
 
200

 
52

Losses realized
 
—

 
—