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BORROWED MONEY
12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
BORROWED MONEY

NOTE 8 - BORROWED MONEY

Federal Home Loan Bank (FHLB) advances, as of December 31, 2021, were as follows:

Fixed rate advances, with monthly interest payments, principal due in:

Year

 

Current
Weighted
Average Rate

 

 

Principal Due

 

2022

 

 

0.22

%

 

$

41,500

 

2024

 

 

1.76

%

 

 

6,000

 

 

 

 

 

 

$

47,500

 

There are no fixed rate advances, with monthly principal and interest payments outstanding as of December 31, 2021.