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INTEREST-BEARING DEPOSITS | 12 Months Ended
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Dec. 31, 2021
Interest Bearing Deposits Abstract |
Deposit Liabilities Disclosures [Text Block] | NOTE 7 - INTEREST-BEARING DEPOSITS Interest-bearing deposits, by type of account, were as follows as of:
|  | December 31, 2021 |  |  | December 31, 2020 |
NOW accounts |  | $ | 293,948 |  |  | $ | 259,357 |
Savings and money market accounts |  |  | 1,032,698 |  |  |  | 868,643 |
Time deposits $250,000 or less |  |  | 218,389 |  |  |  | 245,796 |
Time deposits greater than $250,000 |  |  | 111,274 |  |  |  | 132,854 |
|  | $ | 1,656,309 |  |  | $ | 1,506,650 |
Year-end maturities of time deposits, as of December 31, 2021, were as follows:
Year Ended December 31, |  | Amount |
2022 |  | $ | 278,312 |
2023 |  |  | 33,967 |
2024 |  |  | 8,531 |
2025 |  |  | 2,660 |
2026 |  |  | 6,193 |
Thereafter |  |  | — |
|  | $ | 329,663 |
Deposits of executive officers, directors and significant shareholders at December 31, 2021 and 2020 totaled $47,318 and $46,192, respectively.

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- Definition The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116652737&loc=d3e64164-112818 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (e) Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 + Details
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