Annual report pursuant to Section 13 and 15(d)

INVESTMENT SECURITIES

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INVESTMENT SECURITIES
12 Months Ended
Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]  
INVESTMENT SECURITIES
INVESTMENT SECURITIES
 
There were no available for sale securities as of December 31, 2018 or 2017.

During 2018, 2017, and 2016, the proceeds from the sales of available-for-sale securities were $0, $1.8 million, and $5,000, respectively. During the year ended December 31, 2016, we had gross realized gains of $0.3 million on sales of available-for-sale securities (net of tax).
 
Our trading securities portfolio totaled $1.3 million and $2.0 million at December 31, 2018 and 2017, respectively, and generated a loss of $0.1 million and gains of $0.2 million and $0.1 million, for the years ended December 31, 2018, 2017, and 2016, respectively.