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Note 15: Disclosures About Fair Value of Financial Instruments: Fair Value Deposits and Accrued Interest Payable Policy (Policies) | 9 Months Ended
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Sep. 30, 2020
Policies |
Fair Value Deposits and Accrued Interest Payable Policy | Deposits and Accrued Interest Payable. The fair value of demand deposits and savings accounts is the amount payable on demand at the reporting date, i.e., their carrying amounts. The fair value of fixed maturity certificates of deposit is estimated through a discounted cash flow calculation using the average advances yield curve from 11 districts of the FHLB for the as of date. The carrying amount of accrued interest payable approximates its fair value.

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- Definition Represents the textual narrative disclosure of Fair Value Deposits and Accrued Interest Payable Policy, during the indicated time period. + References No definition available. + Details
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- References No definition available. + Details
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