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Deposits (Tables)

12 Months Ended

Dec. 31, 2021

Deposits [Abstract]

Summary of Contractual Maturities of Certificate of 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

Summary of Interest Expense on Deposits

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

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- Definition

Summary of interest expense on deposits.

+ References

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- Definition

Tabular disclosure of time deposit liability maturities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601

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