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Deposits
12 Months Ended
Dec. 31, 2021
Statistical Disclosure for Banks [Abstract]  
Deposit Liabilities Disclosures [Text Block]

Note 7. Deposits

 

Deposits were as follows:

 

(In thousands, except percentages)

 

December 31, 2021

   

December 31, 2020

 

Non-interest bearing demand

  $ 88,876       20

%

  $ 57,112       16

%

Interest-bearing demand (NOW)

    6,459       1       5,060       2  

Money market accounts

    133,536       30       105,079       30  

Savings accounts

    7,914       2       6,139       2  

Time deposits

    207,384       47       174,625       50  

Total

  $ 444,169       100

%

  $ 348,015       100

%

 

The aggregate amount of demand deposit overdrafts that have been reclassified as loans as of December 31, 2021 and 2020 was insignificant.

 

As of December 31, 2021 the scheduled maturities of time deposits were as follows:

 

(In thousands)

       

2022

  $ 166,669  

2023

    26,187  

2024

    8,171  

2025

    5,502  

2026

    855  

Total

  $ 207,384