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Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2020

Related Party Transactions [Abstract]

Schedule of Related Party Transactions

		2020				2019
Beginning balance		$	88,536			$	94,006
New loans			49,439				3,693
Loan repayments			(1,511	)			(9,163	)
Retired director no longer a related party			(81,339	)			—
Ending balance		$	55,125			$	88,536

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- Definition

Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates.

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