XML 55 R42.htm IDEA: XBRL DOCUMENT v3.22.4
Advances from Federal Home Loan Bank (Tables)
12 Months Ended
Dec. 31, 2022
Advances from Federal Home Loan Bank [Abstract]  
Federal Home Loan Bank Advances

Federal Home Loan Bank (“FHLB”) advances consisted of the following monthly amortizing borrowings at December 31:

(in thousands)
 
2022
   
2021
 
Monthly amortizing
 
$
355
   
$
375
 
Total FHLB advances
 
$
355
   
$
375
 
Advances from Federal Home Loan Bank Requiring Monthly Principal Payment Basis

The advances from the FHLB that require monthly principal payments were due for repayment as follows:

 
Principal Payments Due by Period at December 31, 2022
 
(in thousands)
 
Total
   
Within 1 Year
   
2 Years
   
3 Years
   
4 Years
   
5 Years
   
After 5 Years
 
Outstanding advances, weighted average interest rate – 0.05%
 
$
355
   
$
22
   
$
20
   
$
21
   
$
20
   
$
21
   
$
251