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Related Party Transactions
12 Months Ended
Dec. 31, 2021
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]
NOTE 15: RELATED PARTY
 
TRANSACTIONS
The Bank has made, and expects in the future to continue to make in the ordinary course
 
of business, loans to directors and
executive officers of the Company,
 
the Bank, and their affiliates. In management’s
 
opinion, these loans were made in the
ordinary course of business at normal credit terms, including interest rate and collateral
 
requirements, and do not represent
more than normal credit risk.
 
An analysis of such outstanding loans is presented below.
(Dollars in thousands)
Amount
Loans outstanding at December 31, 2021
$
1,236
New loans/advances
844
Repayments
(516)
Loans outstanding at December 31, 2021
$
1,564
During 2021 and 2020, certain executive officers and directors
 
of the Company and the Bank, including companies with
which they are affiliated, were deposit customers of the bank.
 
Total deposits for these persons
 
at December 31, 2021 and
2020 amounted to $
19.3
 
million and $
18.7
 
million, respectively.