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SUBORDINATED DEBT (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Subordinated Debt Interest Rates
Interest rate information on the Company’s subordinated debt at December 31 is as follows:
Weighted Average Interest Rate at
End of Year
Weighted Average Interest Rate
During Year
202220212020202220212020
3.29%3.16%3.10%3.16%3.12%3.01%
Maturity and Redemption Information Relating to Subordinated Debt
Maturity and redemption information relating to the Company's subordinated debt at December 31, 2022 is as follows:
Amount Maturing or
Redeemable at Option of Holder
Based on Maturity
Date
Based on Interest
Adjustment Period
2023$6,039,363 $15,497,719 
20246,215,892 8,620,385 
20258,387,815 3,076,825 
20268,362,756 1,810,897 
$29,005,826 $29,005,826