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Investment Securities (Tables)
 6 Months Ended
Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]  
Comparison of amortized cost and fair value of securities available for sale
Following is a comparison of the amortized cost and fair value of securities available-for-sale, as of June 30, 2017 and December 31, 2016:
(in 000's)
 Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value (Carrying Amount)
June 30, 2017
 
 
 
Securities available for sale:
 
 
 
U.S. Government agencies
$
21,344

 
$
322

 
$
(7
)
 
$
21,659

U.S. Government sponsored entities & agencies collateralized by mortgage obligations
28,130

 
80

 
(188
)
 
28,022

Mutual Funds
4,000

 
—

 
(220
)
 
3,780

Total securities available for sale
$
53,474

 
$
402

 
$
(415
)
 
$
53,461

(in 000's)
 Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value (Carrying Amount)
December 31, 2016
 
 
 
Securities available for sale:
 
 
 
U.S. Government agencies
$
22,992

 
$
280

 
$
(69
)
 
$
23,203

U.S. Government sponsored entities & agencies collateralized by mortgage obligations
30,867

 
107

 
(402
)
 
30,572

Mutual Funds
4,000

 
—

 
(284
)
 
3,716

Total securities available for sale
$
57,859

 
$
387

 
$
(755
)
 
$
57,491
Contractual maturities on collateralized mortgage obligation
The amortized cost and fair value of securities available for sale at June 30, 2017, by contractual maturity, are shown below. Actual maturities may differ from contractual maturities because issuers have the right to call or prepay obligations with or without call or prepayment penalties. Contractual maturities on collateralized mortgage obligations cannot be anticipated due to allowed paydowns. Mutual funds are included in the "due in one year or less" category below.
 
June 30, 2017
 
Amortized Cost
 
Fair Value (Carrying Amount)
(in 000's)
 
Due in one year or less
$
4,000

 
$
3,780

Due after one year through five years
—

 
—

Due after five years through ten years
792

 
808

Due after ten years
20,552

 
20,851

Collateralized mortgage obligations
28,130

 
28,022

 
$
53,474

 
$
53,461
Temporarily impaired investment securities
The following summarizes temporarily impaired investment securities:
(in 000's)
Less than 12 Months
 
12 Months or More
 
Total
June 30, 2017
Fair Value (Carrying Amount)
 
 Unrealized Losses
 
Fair Value (Carrying Amount)
 
 Unrealized Losses
 
Fair Value (Carrying Amount)
 
 Unrealized Losses
Securities available for sale:
 
 
 
 
 
U.S. Government agencies
$
3,874

 
$
—

 
3,509

 
(7
)
 
$
7,383

 
$
(7
)
U.S. Government sponsored entities & agencies collateralized by mortgage obligations
17,175

 
(115
)
 
7,359

 
(73
)
 
24,534

 
(188
)
Mutual Funds
—

 
—

 
3,780

 
(220
)
 
3,780

 
(220
)
Total impaired securities
$
21,049

 
$
(115
)
 
$
14,648

 
$
(300
)
 
$
35,697

 
$
(415
)
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
 

 
 

 
 

 
 

 
 

 
 

Securities available for sale:
 

 
 

 
 

 
 

 
 

 
 

U.S. Government agencies
$
12,281

 
$
(69
)
 
$
—

 
$
—

 
$
12,281

 
$
(69
)
U.S. Government sponsored entities & agencies collateralized by mortgage obligations
25,904

 
(402
)
 
—

 
—

 
25,904

 
(402
)
Mutual Funds
—

 
—

 
3,716

 
(284
)
 
3,716

 
(284
)
Total impaired securities
$
38,185

 
$
(471
)
 
$
3,716

 
$
(284
)
 
$
41,901

 
$
(755
)