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Securities (Tables) | 9 Months Ended
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Sep. 30, 2021
Securities [Abstract] |
Summary of Disaggregated Net Losses on Equity Securities |
|  | For the three months ended September 30, |  | For the nine months ended September 30,
(In Thousands) |  | 2021 |  | 2020 |  | 2021 |  | 2020
Net (losses) gains recognized during the period on equity securities |  | $ | (307) |  | $ | 778 |  | $ | (4) |  | $ | 780
Less: Net gains recognized during the period on equity securities sold during the period |  |  | - |  |  | - |  |  | - |  |  | 40
Realized and unrealized (losses) gains on equity investments still held at the reporting date |  | $ | (307) |  | $ | 778 |  | $ | (4) |  | $ | 820
Amortized Cost and Gross Unrealized Gains and Losses on Securities Available for Sale |
| September 30, 2021
|  |  |  | Gross |  | Gross |  |
| Amortized |  | Unrealized |  | Unrealized |  |  |
| Cost |  | Gains |  | Losses |  | Fair Value
| (In Thousands)
Residential Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |
Less than one year | $ | 2,974 |  | $ | - |  | $ | 103 |  | $ | 2,871
More than one to five years |  | 81 |  |  | - |  |  | - |  |  | 81
More than five to ten years |  | 5,045 |  |  | 153 |  |  | 19 |  |  | 5,179
More than ten years |  | 26,196 |  |  | 523 |  |  | 258 |  |  | 26,461
|  | 34,296 |  |  | 676 |  |  | 380 |  |  | 34,592
Corporate Debt securities: |  |  |  |  |  |  |  |  |  |  |
More than five to ten years |  | 41,506 |  |  | 2,525 |  |  | 271 |  |  | 43,760
Municipal obligations: |  |  |  |  |  |  |  |  |  |  |
More than ten years |  | 4,131 |  |  | 120 |  |  | - |  |  | 4,251
Total securities | $ | 79,933 |  | $ | 3,321 |  | $ | 651 |  | $ | 82,603
| 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)
September 30, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential mortgage-backed securities | $ | 8,073 |  | $ | 196 |  | $ | 3,570 |  | $ | 184 |  | $ | 11,643 |  | $ | 380
Corporate Debt securities |  | 5,954 |  |  | 271 |  |  | - |  |  | - |  |  | 5,954 |  |  | 271
| $ | 14,027 |  | $ | 467 |  | $ | 3,570 |  | $ | 184 |  | $ | 17,597 |  | $ | 651
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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