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Securities (Tables)
6 Months Ended
Dec. 31, 2020
Securities  
Schedule of Available for Sale Securities

December 31, 2020

 

 

Gross

 

Gross

 

Allowance

Estimated

 

Amortized

 

Unrealized

 

Unrealized

 

for

 

Fair

(dollars in thousands)

    

Cost

    

Gains

    

Losses

    

Credit Losses

    

Value

Investment and mortgage backed securities:

State and political subdivisions

$

46,785

$

1,689

$

$

$

48,474

Other securities

 

15,376

 

267

 

(334)

 

 

15,309

Mortgage-backed GSE residential

 

113,553

 

3,868

 

(58)

 

 

117,363

Total investments and mortgage-backed securities

$

175,714

$

5,824

$

(392)

$

$

181,146

June 30, 2020

 

 

Gross

 

Gross

Estimated

 

Amortized

 

Unrealized

 

Unrealized

 

Fair

(dollars in thousands)

    

Cost

    

Gains

    

Losses

    

Value

Investment and mortgage backed securities:

State and political subdivisions

$

40,486

$

1,502

$

$

41,988

Other securities

 

7,919

 

48

 

(343)

 

7,624

Mortgage-backed GSE residential

 

122,375

 

4,576

 

(39)

 

126,912

Total investment and mortgage-backed securities

$

170,780

$

6,126

$

(382)

$

176,524

Investments Classified by Contractual Maturity Date

December 31, 2020

 

Amortized

 

Estimated

(dollars in thousands)

    

Cost

    

Fair Value

Within one year

$

1,347

$

1,367

After one year but less than five years

 

11,055

 

11,230

After five years but less than ten years

 

23,718

 

24,326

After ten years

 

26,041

 

26,860

Total investment securities

 

62,161

 

63,783

Mortgage-backed securities

 

113,553

 

117,363

Total investment and mortgage-backed securities

$

175,714

$

181,146

Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value

December 31, 2020

 

Less than 12 months

 

12 months or more

 

Total

 

Unrealized

 

Unrealized

 

Unrealized

(dollars in thousands)

    

Fair Value

    

Losses

    

Fair Value

    

Losses

    

Fair Value

    

Losses

Other securities

$

2,023

$

36

$

771

$

298

$

2,794

$

334

Mortgage-backed securities

 

11,656

 

58

 

 

 

11,656

 

58

Total investment and mortgage-backed securities

$

13,679

$

94

$

771

$

298

$

14,450

$

392

June 30, 2020

 

Less than 12 months

 

12 months or more

 

Total

 

Unrealized

 

Unrealized

 

Unrealized

(dollars in thousands)

    

Fair Value

    

Losses

    

Fair Value

    

Losses

    

Fair Value

    

Losses

Other securities

$

995

$

5

$

643

$

338

$

1,638

$

343

Mortgage-backed securities

 

9,037

 

39

 

 

 

9,037

 

39

Total investments and mortgage-backed securities

$

10,032

$

44

$

643

$

338

$

10,675

$

382