XML 104 R44.htm IDEA: XBRL DOCUMENT v3.20.4

LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

The following table presents components of the Company’s long-term debt at December 31, 2020, and 2019.

			Amount												Weighted Average rate
			2020						2019						2020						2019
FHLB fixed rate advances maturing:
2021			$	—					$	40,350					—		%				1.76		%
2023			—						20,000						—		%				3.06		%
			—						60,350						—		%				2.19		%
FHLB amortizing advance requiring monthly principal and interest payments, maturing:
2025			2,316						2,717						4.74		%				4.74		%
Total FHLB Advances			$	2,316					$	63,067					4.74		%				2.30		%

(1) $20,000,000 of borrowings was prepaid and $40,350,000 of borrowings matured during the year ended December 31, 2020

Summary of Future Principal Payments Required

The following table summarizes the future annual principal payments required on these borrowings at December 31, 2020.

2021			$	421
2022			441
2023			462
2024			484
2025			508
Thereafter			—
			$	2,316

X

- References

No definition available.

+ Details

Name:	us-gaap_DebtDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601

+ Details

Name:	us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration