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Securities (Tables) | 6 Months Ended
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Jun. 30, 2021
Securities [Abstract] |
Summary of Disaggregated Net Losses on Equity Securities |
|  | For the three months ended June 30, |  | For the six months ended June 30,
(In Thousands) |  | 2021 |  | 2020 |  | 2021 |  | 2020
Net gains recognized during the period on equity securities |  | $ | 499 |  | $ | 482 |  | $ | 303 |  | $ | 42
Less: Net gains recognized during the period on equity securities sold during the period |  |  | - |  |  | 40 |  |  | - |  |  | 40
Realized and unrealized gains on equity investments |  | $ | 499 |  | $ | 442 |  | $ | 303 |  | $ | 2
Amortized Cost and Gross Unrealized Gains and Losses on Securities Available for Sale |
| June 30, 2021
|  |  |  | Gross |  | Gross |  |
| Amortized |  | Unrealized |  | Unrealized |  |  |
| Cost |  | Gains |  | Losses |  | Fair Value
| (In Thousands)
Residential Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |
Less than one year | $ | 2,996 |  | $ | - |  | $ | 85 |  | $ | 2,911
More than one to five years |  | 108 |  |  | - |  |  | - |  |  | 108
More than five to ten years |  | 5,500 |  |  | 173 |  |  | 16 |  |  | 5,657
More than ten years |  | 29,415 |  |  | 514 |  |  | 179 |  |  | 29,750
|  | 38,019 |  |  | 687 |  |  | 280 |  |  | 38,426
Corporate Debt securities: |  |  |  |  |  |  |  |  |  |  |
More than five to ten years |  | 38,536 |  |  | 2,590 |  |  | 312 |  |  | 40,814
Municipal obligations: |  |  |  |  |  |  |  |  |  |  |
More than ten years |  | 4,157 |  |  | 146 |  |  | - |  |  | 4,303
Total securities | $ | 80,712 |  | $ | 3,423 |  | $ | 592 |  | $ | 83,543
| 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)
June 30, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential mortgage-backed securities | $ | 9,882 |  | $ | 202 |  | $ | 1,247 |  | $ | 78 |  | $ | 11,129 |  | $ | 280
Corporate Debt securities |  | 6,945 |  |  | 312 |  |  | - |  |  | - |  |  | 6,945 |  |  | 312
| $ | 16,827 |  | $ | 514 |  | $ | 1,247 |  | $ | 78 |  | $ | 18,074 |  | $ | 592
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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