XML 31 R16.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Deposits | 12 Months Ended
--- | ---
Dec. 31, 2021
Deposits [Abstract] |
Deposits | (6) Deposits At December 31, 2021, contractual maturities of certificate of deposits are summarized as follows: (in thousands).
2022 |  | $ | 48,581 |
2023 |  |  | 20,406 |
2024 |  |  | 9,647 |
2025 |  |  | 8,456 |
2026 |  |  | 4,677 |
Thereafter |  |  | 4,991 |
|  | $ | 96,758 |
The aggregate amounts of certificates of deposit of $250,000 or more, the standard FDIC deposit insurance coverage limit per depositor, were approximately $22,570,000 and $32,859,000 at December 31, 2021 and 2020, respectively. The following is a summary of interest expense on deposits for the years ended December 31, 2021 and 2020: (in thousands)
|  | Year Ended December 31, 2021 |  |  | Year Ended December 31, 2020 |
Savings accounts |  | $ | 403 |  |  | $ | 878 |
Interest-bearing checking accounts |  |  | 185 |  |  |  | 286 |
Market rate checking accounts |  |  | 469 |  |  |  | 965 |
Certificates of deposit |  |  | 1,623 |  |  |  | 2,623 |
|  | $ | 2,680 |  |  | $ | 4,752 |

X
- Definition The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116652737&loc=d3e64164-112818 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 -Paragraph (e) Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1406 + Details
Name: | us-gaap_DepositLiabilitiesDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DepositsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration