XML 23 R12.htm IDEA: XBRL DOCUMENT
v3.19.2

Securities | 6 Months Ended
--- | ---
Jun. 30, 2019
Securities [Abstract] |
Securities | ﻿ NOTE 3 – SECURITIES The following table summarizes the amortized cost and fair value of the available-for-sale securities portfolio at June 30, 2019 and December 31, 2018 and the corresponding amounts of unrealized gains and losses recognized in accumulated other comprehensive income (loss):
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
﻿June 30, 2019 (unaudited) |  |  |  |  |  |  |  |  |  |  |  |
﻿Issued by U.S. government-sponsored entities and agencies: |  |  |  |  |  |  |  |  |  |  |  |
﻿U.S. Treasury |  | $ | 9,977 |  | $ | 30 |  | $ | 17 |  | $ | 9,990
﻿Mortgage-backed securities - residential |  |  | 147 |  |  | 4 |  |  | - |  |  | 151
﻿Collateralized mortgage obligations |  |  | 47 |  |  | 1 |  |  | - |  |  | 48
﻿Total |  | $ | 10,171 |  | $ | 35 |  | $ | 17 |  | $ | 10,189
﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
﻿December 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |
﻿Issued by U.S. government-sponsored entities and agencies: |  |  |  |  |  |  |  |  |  |  |  |
﻿U.S. Treasury |  | $ | 9,978 |  | $ | 2 |  | $ | 99 |  | $ | 9,881
﻿Mortgage-backed securities - residential |  |  | 167 |  |  | 3 |  |  | - |  |  | 170
﻿Collateralized mortgage obligations |  |  | 62 |  |  | 1 |  |  | - |  |  | 63
﻿Total |  | $ | 10,207 |  | $ | 6 |  | $ | 99 |  | $ | 10,114
﻿ There was no other-than-temporary impairment recognized in accumulated other comprehensive income (loss) for securities available for sale at June 30, 2019 or June 30, 2018. There were no sales of securities for the three and six months ended June 30, 2019 and 2018. The amortized cost and fair value of debt securities at June 30, 2019 and December 31, 2018 are shown in the table below by contractual maturity. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately.
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | June 30, 2019 |  |  | December 31, 2018
﻿ |  | (unaudited) |  |  |  |  |  |
﻿ |  | Amortized Cost |  | Fair Value |  | Amortized Cost |  | Fair Value
﻿Due in one year or less |  | $ | 4,991 |  | $ | 4,980 |  | $ | 3,495 |  | $ | 3,472
﻿Due from one to five years |  |  | 4,986 |  |  | 5,010 |  |  | 6,483 |  |  | 6,409
﻿Mortgage-backed securities - residential |  |  | 147 |  |  | 151 |  |  | 167 |  |  | 170
﻿Collateralized mortgage obligations |  |  | 47 |  |  | 48 |  |  | 62 |  |  | 63
﻿ Total |  | $ | 10,171 |  | $ | 10,189 |  | $ | 10,207 |  | $ | 10,114
﻿ Fair value of securities pledged was as follows:
﻿ |  |  |  |  |
﻿ | June 30, 2019 |  | December 31, 2018
﻿ | (unaudited) |  |  |
﻿Pledged as collateral for: |  |  |  |  |
﻿FHLB advances | $ | 3,586 |  | $ | 4,058
﻿Public deposits |  | 2,015 |  |  | 1,997
﻿Mortgage banking derivatives |  | 1,494 |  |  | -
﻿Interest-rate swaps |  | 93 |  |  | 104
﻿Total | $ | 7,188 |  | $ | 6,159
﻿ At June 30, 2019 and December 31, 2018, there were no holdings of securities of any one issuer, other than U.S. government-sponsored entities and agencies, in an amount greater than 10% of stockholders’ equity. The following table summarizes securities with unrealized losses at June 30, 2019 and December 31, 2018, aggregated by major security type and length of time in a continuous unrealized loss position. ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿June 30, 2019 (unaudited) |  | Less than 12 Months |  | 12 Months or More |  | Total
﻿Description of Securities |  | Fair Value |  | Unrealized Loss |  | Fair Value |  | Unrealized Loss |  | Fair Value |  | Unrealized Loss
﻿Issued by U.S. government-sponsored entities and agencies: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿U.S. Treasury |  | $ | 1,495 |  | (1) | - |  | $ | 5,987 |  | $ | 17 |  | $ | 7,482 |  | $ | 17
﻿Total temporarily impaired |  | $ | 1,495 |  | $ | - |  | $ | 5,987 |  | $ | 17 |  | $ | 7,482 |  | $ | 17
﻿
| (1) |  | Unrealized loss is less than $1 resulting in rounding to zero.
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿December 31, 2018 |  | Less than 12 Months |  | 12 Months or More |  | Total
﻿Description of Securities |  | Fair Value |  | Unrealized Loss |  | Fair Value |  | Unrealized Loss |  | Fair Value |  | Unrealized Loss
﻿Issued by U.S. government-sponsored entities and agencies: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿U.S. Treasury |  | $ | 499 |  | $ | 1 |  | $ | 8,401 |  | $ | 98 |  | $ | 8,900 |  | $ | 99
﻿Total temporarily impaired |  | $ | 499 |  | $ | 1 |  | $ | 8,401 |  | $ | 98 |  | $ | 8,900 |  | $ | 99
﻿ The unrealized losses in U.S. Treasuries at June 30, 2019 and December 31, 2018 are related to multiple securities. Because the decline in fair value is attributable to changes in market conditions, and not credit quality, and because the Company does not have the intent to sell these securities and it is likely that it will not be required to sell these securities before their anticipated recovery, the Company did not consider these securities to be other-than-temporarily impaired at June 30, 2019 and December 31, 2018.

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for investments in certain debt and equity securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2209399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2324412 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI http://asc.fasb.org/topic&trid=2196928 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 320 -URI http://asc.fasb.org/subtopic&trid=2176304 + Details
Name: | us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration