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Long-term debt

12 Months Ended

Dec. 31, 2021

Long-term debt.

Long-term debt

12. Long-term debt:

Long-term debt consisting of advances from the FHLB at December 31, 2021 and 2020 are as follows:

​

​	​	​	​	​	​	​	​	​	​	​
​	​	Interest Rate			​	​		​	​
Due	​	Fixed	​	​	​	December 31, 2021	​	​	December 31, 2020
June 2021	​	1.99	​	​	​	​	​	$	10,000	​
March 2023	​	4.69	​	​	$	2,711	​	​	4,769	​
​	​	​	​	​	$	2,711	​	$	14,769	​

​

Maturities of long-term debt, by contractual maturity, in years subsequent to December 31, 2021 are as follows:

​

​	​	​	​	​
2022	​		2,156	​
2023	​		555	​
​	​	$	2,711	​

​

None of the advances from the FHLB are convertible. At December 31, 2021, long-term debt are all at fixed rates. There were no new long-term advances entered into with the FHLB during 2021 or 2020.

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- References

No definition available.

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- Definition

The entire disclosure for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-URI http://asc.fasb.org/topic&trid=2208564

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