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Financial Instruments with Off-Balance-Sheet Risk (Tables) | 12 Months Ended
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Dec. 31, 2019
Financial Instruments With Off-Balance-Sheet Risk [Abstract] |
Schedule of contract amounts represent off-balance sheet credit risk |
|  | Years ended December 31,
|  | 2019 |  | 2018
Commitments to extend credit summarized as follows: |  |  |  |  |  |
Future loan commitments |  | $ | 9,881 |  | $ | 3,157
Undisbursed construction loans |  |  | 10,202 |  |  | 16,289
Undisbursed home equity lines of credit |  |  | 10,277 |  |  | 9,532
Undisbursed commercial and other line of credit |  |  | 59,234 |  |  | 50,773
Standby letters of credit |  |  | 5,290 |  |  | 1,785
Total |  | $ | 94,884 |  | $ | 81,536

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- Definition 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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=118260190&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=118260190&loc=d3e13433-108611 + Details
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