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Repurchase Agreements (Tables)
12 Months Ended
Dec. 31, 2022
Repurchase Agreements  
schedule of Securities sold

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

Current balance

 

$33,077,829

 

 

$32,609,875

 

Average balance

 

 

31,285,927

 

 

 

28,349,896

 

Highest month-end balance

 

 

34,974,510

 

 

 

39,288,875

 

Weighted average interest rate

 

 

0.53%

 

 

0.31%

 

 

 

 

 

 

 

 

 

Pledged investment (1)

 

 

 

 

 

 

 

 

Amortized cost

 

 

55,899,113

 

 

 

63,045,599

 

Fair value

 

 

46,789,284

 

 

 

62,256,702