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Deposits (Tables)
12 Months Ended
Dec. 31, 2021
Statistical Disclosure for Banks [Abstract]  
Deposit Liabilities, Type [Table Text Block]

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

%

 

Time Deposit Maturities [Table Text Block]

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