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Note 8 - Deposits
12 Months Ended
Dec. 31, 2021
Notes to Financial Statements  
Deposit Liabilities Disclosures [Text Block]

Note 8. Deposits

 

At December 31, 2021, the maturities of time deposits are as follows (in thousands):

 

2022

 $142,300 

2023

  40,886 

2024

  18,317 

2025

  7,597 

2026

  6,362 

Total time deposits

 $215,462 

 

Interest expense on deposits for the years ended December 31, 2021 and 2020 is summarized as follows (in thousands):

 

  

2021

  

2020

 
         

Interest-bearing checking

 $758  $1,465 

Savings and money market

  1,150   1,769 

Time deposits

  2,434   4,587 

Total deposit interest expense

 $4,342  $7,821 

 

Deposits held by the Company from related parties as of December 31, 2021 and 2020 totaled approximately $22.3 million and $18.9 million, respectively.