The following table summarizes the amortized cost and fair value of the available-for-sale securities portfolio at September 30, 2021 and December 31, 2020 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
September 30, 2021 (unaudited)
Corporate debt	$	9,976	$	-	$	-	$	9,976
Issued by U.S. government-sponsored entities and agencies:
U.S. Treasury		7,065		54		9		7,110
Mortgage-backed securities - residential		40		2		-		42
Total	$	17,081	$	56	$	9	$	17,128


	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
December 31, 2020
Issued by U.S. government-sponsored entities and agencies:
U.S. Treasury	$	8,517	$	119	$	-	$	8,636
Mortgage-backed securities - residential		62		3		-		65
Total	$	8,579	$	122	$	-	$	8,701

There was no other-than-temporary impairment recognized in accumulated other comprehensive income (loss) for securities available for sale at September 30, 2021 or September 30, 2020.

There were no sales of securities during the nine months ended September 30, 2021 and 2020.

The amortized cost and fair value of debt securities at September 30, 2021 and December 31, 2020 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.



	September 30, 2021					December 31, 2020
	(unaudited)
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Due in one year or less	$	3,511	$	3,530	$	5,011	$	5,033
Due from one to five years		3,554		3,580		3,506		3,603
Due from five to ten years		9,976		9,976		-		-
Mortgage-backed securities - residential		40		42		62		65
Total	$	17,081	$	17,128	$	8,579	$	8,701


	September 30, 2021		December 31, 2020
	(unaudited)
Pledged as collateral for:
FHLB advances	$	1,526	$	1,017
Public deposits		504		3,060
Mortgage banking derivatives		1,514		3,016
Total	$	3,544	$	7,093

At September 30, 2021 and December 31, 2020, there were no holdings of securities of any one issuer in an amount greater than 10% of stockholders’ equity.

The following table summarizes securities with unrealized losses at September 30, 2021, aggregated by major security type and length of time in a continuous unrealized loss position.



September 30, 2021 (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	$	3,050		9	$	-	$	-	$	3,050	$	9
Total temporarily impaired	$	3,050	$	9	$	-	$	-	$	3,050	$	9

The unrealized losses in U.S. Treasuries at September 30, 2021 were related to multiple securities. Because the decline in fair value was attributable to changes in market conditions, and not credit quality, and because the Company did not have the intent to sell these securities and it was likely that it would 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 September 30, 2021.