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Premises and Equipment and Leases (Tables)
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment [Table Text Block]

Year-end premises and equipment were as follows:

 

(In thousands)

 

December 31,

2021

   

December 31,

2020

 

Land

  $ 698     $ 698  

Leasehold improvements

    195       182  

Building

    4,438       4,256  

Furniture and equipment

    1,767       1,760  
      7,098       6,896  

Less: accumulated depreciation

    2,369       2,047  

Balance at end of period

  $ 4,729     $ 4,849  

 

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

As of December 31, 2021, the minimum rental commitments under these noncancelable operating leases are as follows:

 

(In thousands)

       

2022

  $ 549  

2023

    274  

2024

    208  

2025

    204  

2026

    207  

2027 and thereafter

    54  

Total minimum rental payments

    1,496  

Less: Interest

    (63

)

Present value of lease liabilities

  $ 1,433