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Deposits
12 Months Ended
Dec. 31, 2021
Deposits [Abstract]  
Deposits
10.
DEPOSITS

Deposit accounts are summarized as follows:

 

 

 

December 31,
2021

 

 

December 31,
2020

 

(In Thousands)

 

Amount

 

 

%

 

 

Amount

 

 

%

 

Demand, noninterest-bearing

 

$

129,243

 

 

 

16.75

%

 

$

66,573

 

 

 

17.75

%

Demand, interest-bearing

 

 

256,258

 

 

 

33.21

 

 

 

158,708

 

 

 

42.31

 

Money market and savings

 

 

205,843

 

 

 

26.67

 

 

 

69,188

 

 

 

18.44

 

Time deposits, $250 and over

 

 

56,266

 

 

 

7.29

 

 

 

14,253

 

 

 

3.80

 

Time deposits, other

 

 

124,055

 

 

 

16.08

 

 

 

66,402

 

 

 

17.70

 

 

 

$

771,665

 

 

 

100.0

%

 

$

375,124

 

 

 

100.0

%

 

The scheduled maturities of time deposits are as follows:

 

(In Thousands)

 

December 31,
2021

 

One year or less

 

$

118,629

 

More than one year to two years

 

 

36,575

 

More than two years to three years

 

 

10,754

 

More than three years to four years

 

 

9,026

 

More than four years to five years

 

 

4,888

 

More than five years

 

 

449

 

Total

 

$

180,321