Unused Available Lines of Credit

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Unused Available Lines of Credit

Unused Available Lines of Credit

As of December 31, 2021, the Bank had unsecured lines of credit at six correspondent banks to purchase federal funds up to a maximum of $83,000,000 in aggregate. As of December 31, 2021, the Bank had secured lines of credit with the Federal Home Loan Bank of $228,849,000 collateralized by commercial mortgage loans. At December 31, 2021, the Company had lines of credit from two banks up to a maximum of $150,000,000 in aggregate collateralized by state and

political subdivision securities. There were no amounts outstanding at December 31, 2021, and 2020 under any of the lines of credit.