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Concentration of Credit Risk
6 Months Ended
Jun. 30, 2021
Concentration of Credit Risk [Abstract]  
Concentration of Credit Risk
NOTE (14) – Concentration of Credit Risk
   

The Bank has a significant concentration of deposits with one customer that accounted for approximately 9% of its deposits as of June 30, 2021. The Bank also has a significant concentration of short term borrowings from one customer that accounted for 80% of the outstanding balance of securities sold under agreements to repurchase as of June 30, 2021. The Bank expects to maintain the relationships with these customers for the foreseeable future.