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OFF-BALANCE SHEET RISK (Tables)

12 Months Ended

Dec. 31, 2021

Notes Tables

Schedule of financial instruments whose contract amounts represent credit risk

​

​	​	​	​	​	​	​
(In Thousands)		2021			2020
Commitments to extend credit	​	$	366,076	​	$	317,470
Standby letters of credit	​		10,079	​		9,107

Schedule of expirations of standby letters of credit

​

​	​	​	​
Year of Expiration		(In Thousands)
2022	​	$	10,021
2023	​		13
2024	​	​	20
2026	​	​	25
Total	​	$	10,079

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Tabular disclosure of off-balance sheet risk expirations.

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Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined) which are not recognized in the financial statements (off-balance sheet) because they fail to meet some other criterion for recognition.

+ References

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-Publisher FASB
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