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Securities (Tables) | 3 Months Ended
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Mar. 31, 2021
Securities [Abstract] |
Summary of Disaggregated Net Losses on Equity Securities |
|  | For the three months ended March 31, |
(In Thousands) |  | 2021 |  | 2020 |
Net losses recognized during the period on equity securities |  | $ | (196) |  | $ | (440) |
Less: Net gains recognized during the period on equity securities sold during the period |  |  | - |  |  | - |
Unrealized losses recognized during the reporting period on equity securities still held at the reporting date |  | $ | (196) |  | $ | (440) |
Amortized Cost and Gross Unrealized Gains and Losses on Securities Available for Sale |
| March 31, 2021
|  |  |  | Gross |  | Gross |  |
| Amortized |  | Unrealized |  | Unrealized |  |  |
| Cost |  | Gains |  | Losses |  | Fair Value
| (In Thousands)
Residential Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |
More than one to five years | $ | 3,157 |  | $ | 2 |  | $ | 72 |  | $ | 3,087
More than five to ten years |  | 4,429 |  |  | 139 |  |  | 22 |  |  | 4,546
More than ten years |  | 34,995 |  |  | 622 |  |  | 398 |  |  | 35,219
|  | 42,581 |  |  | 763 |  |  | 492 |  |  | 42,852
Corporate Debt securities: |  |  |  |  |  |  |  |  |  |  |
More than five to ten years |  | 32,280 |  |  | 2,077 |  |  | 25 |  |  | 34,332
Municipal obligations: |  |  |  |  |  |  |  |  |  |  |
Less than one year |  | 12,048 |  |  | - |  |  | - |  |  | 12,048
More than ten years |  | 4,183 |  |  | 167 |  |  | - |  |  | 4,350
|  | 16,231 |  |  | 167 |  |  | - |  |  | 16,398
Total securities | $ | 91,092 |  | $ | 3,007 |  | $ | 517 |  | $ | 93,582
‎
| December 31, 2020
|  |  |  | Gross |  | Gross |  |
| Amortized |  | Unrealized |  | Unrealized |  |  |
| Cost |  | Gains |  | Losses |  | Fair Value
| (In Thousands)
Residential Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |
More than one to five years | $ | 3,208 |  | $ | 10 |  | $ | 67 |  | $ | 3,151
More than five to ten years |  | 4,799 |  |  | 163 |  |  | - |  |  | 4,962
More than ten years |  | 40,531 |  |  | 741 |  |  | 60 |  |  | 41,212
Sub-total: |  | 48,538 |  |  | 914 |  |  | 127 |  |  | 49,325
Corporate Debt securities: |  |  |  |  |  |  |  |  |  |  |
More than five to ten years |  | 32,279 |  |  | 1,719 |  |  | 13 |  |  | 33,985
Sub-total: |  | 32,279 |  |  | 1,719 |  |  | 13 |  |  | 33,985
Municipal obligations: |  |  |  |  |  |  |  |  |  |  |
Due within one year |  | 12,048 |  |  | - |  |  | - |  |  | 12,048
Due after ten years |  | 4,209 |  |  | 189 |  |  | - |  |  | 4,398
Sub-total: |  | 16,257 |  |  | 189 |  |  | - |  |  | 16,446
Total Debt Securities Available | $ | 97,074 |  | $ | 2,822 |  | $ | 140 |  | $ | 99,756
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value |
| 12 Months or Less |  | More than 12 Months |  | Total
| Fair |  | Unrealized |  | Fair |  | Unrealized |  | Fair |  | Unrealized
| Value |  | Losses |  | Value |  | Losses |  | Value |  | Losses
| (In Thousands)
March 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential mortgage-backed securities | $ | 12,221 |  | $ | 420 |  | $ | 1,263 |  | $ | 72 |  | $ | 13,484 |  | $ | 492
Corporate Debt securities |  | 975 |  |  | 25 |  |  | - |  |  | - |  |  | 975 |  |  | 25
| $ | 13,196 |  | $ | 445 |  | $ | 1,263 |  | $ | 72 |  | $ | 14,459 |  | $ | 517
December 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential mortgage-backed securities | $ | 6,126 |  | $ | 60 |  | $ | 1,278 |  | $ | 67 |  | $ | 7,404 |  | $ | 127
Corporate Debt Securities |  | 5,487 |  |  | 13 |  |  | - |  |  | - |  |  | 5,487 |  |  | 13
| $ | 11,613 |  | $ | 73 |  | $ | 1,278 |  | $ | 67 |  | $ | 12,891 |  | $ | 140

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