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ADVANCES FROM FEDERAL HOME LOAN BANK	12 Months Ended
	Dec. 31, 2021
ADVANCES FROM FEDERAL HOME LOAN BANK	Note 11—ADVANCES FROM FEDERAL HOME LOAN BANK As collateral for its advances, the Company has pledged in the form of blanket liens, eligible loans, in the amount of $22.8 million at December 31, 2021. Securities have been pledged as collateral for advances in the amount of $2.7 million as of December 31, 2021. As collateral for its advances, the Company has pledged in the form of blanket liens, eligible loans, in the amount of $22.1 million at December 31, 2020. Securities have been pledged as collateral for advances in the amount of $3.9 million as of December 31, 2020. Advances are subject to prepayment penalties. The average advances during 2021 and 2020 were $5.0 million and $2.0 million, respectively. The average interest rate for 2021 and 2020 was 0.18% and 0.39%, respectively. The maximum outstanding amount at any month end was $0 and $15.0 million for 2021 and 2020, respectively. During the years ended December 31, 2021 and December 31, 2020 there were no advances that were prepaid. Accordingly, no losses were realized on early extinguishment.

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- Definition

The entire disclosure for borrowing from the Federal Home Loan Bank, including: (i) general description; (ii) title and nature of obligation; (iii) interest rate; (iv) payment terms; (v) maturity dates by year; (vi) collateral requirements; (vii) restrictive covenants; (viii) priority; (ix) conversion or redemption features; (x) carrying value of assets pledged as collateral; (xi) combined aggregate maturities for next five years; (xii) unused or available balances.

+ References

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-Publisher FASB
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-Topic 942
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-Subparagraph (SX 210.9-03.13(a))
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Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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