Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

Accounting Policies [Abstract]

Schedule of Prospective Adoption of New Accounting Pronouncements

The following table illustrates the impact of the adoption of ASU 2016-13:

(In thousands)	December 31, 2019		Impact of ASU 2016-13 Adoption		As Reported Under ASU 2016-13
Assets:
Allowance for loan/credit losses on loans	$	10,556	$	723	$	11,279
Deferred tax asset	2,298		269		2,567
Liabilities:
Reserve for unfunded commitments	—		402		402
Shareholders’ equity:
Retained earnings	90,341		(856)		89,485