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Subsequent Events
9 Months Ended
Sep. 30, 2022
Subsequent Event [Abstract]  
Subsequent Events Text Block
NOTE 8:
 
SUBSEQUENT EVENTS
On October 13, 2022, the
 
Company
 
closed the sale of
 
approximately
 
0.85 acres of land
 
located next
 
to the Company’s
headquarters
 
in Auburn, Alabama
 
at a purchase
 
price of $
4.26
 
million.
 
Although
 
not all invoices
 
have been
 
received, after
prorations, closing
 
costs and
 
costs of demolishing
 
the Bank’s former main
 
office building,
 
the Company
 
estimates that the
sale will result in
 
a pre-tax gain of
 
$
3.2
 
million.