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Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Assets at Fair Value

The following table shows the fair value and notional amounts of derivative instruments.

				March 31, 2022												December 31, 2021
		Balance Sheet Location		Notional Amount				Asset Fair Value				Liability Fair Value				Notional Amount				Asset Fair Value				Liability Fair Value
Derivatives not designated as hedging instruments:
Loan commitments		Other assets and Other liabilities		$	902,295,000			$	11,282,703			$	1,591,817			$	862,568,967			$	8,563,410			$	1,547,895
Call options		Other liabilities			831,250				-				24,129				982,500				-				50,936
Put options		Other liabilities			823,000				-				29,351				362,900				-				4,493
Total				$	903,949,250			$	11,282,703			$	1,645,297			$	863,914,367			$	8,563,410			$	1,603,324

Schedule of Gains and Losses on Derivatives

The following table presents the gains (losses) on derivatives. There were no gains or losses reclassified from accumulated other comprehensive income into income or gains or losses recognized in income on derivatives ineffective portion or any amounts excluded from effective testing.

				Net Amount Gain (Loss)
				Three Months Ended March 31
Derivative		Classification		2022				2021
Loan commitments		Mortgage fee income		$	2,675,371			$	314,466

Call and put options		Gains on investments and other assets		$	61,195			$	26,762