Deposits (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Deposits, by Type [Line Items]

Deposits outstanding by type

Deposits outstanding at December 31, 2021 and 2020 are summarized below by account type.

Deposit Account Type	December 31, 2021		December 31, 2020
Checking	$	495,467,035	$	372,070,032
Money Market	366,065,262		291,067,575
Savings	97,068,740		74,433,571
Total	$	958,601,037	$	737,571,178
Certificates:
0.00 – 0.99%	$	140,254,173	$	122,711,943
1.00 – 1.99%	12,292,837		46,619,682
2.00 – 2.99%	4,814,916		11,193,432
Total	$	157,361,926	$	180,525,057
Total Deposits	$	1,115,962,963	$	918,096,235

Amounts and scheduled maturities of all certificates of deposit

The amounts and scheduled maturities of all certificates of deposit were as follows at December 31, 2021 and 2020:

	December 31,
	2021		2020
Within 1 Year	$	118,119,148	$	128,758,122
After 1 Year, Within 2 Years	26,189,318		27,550,051
After 2 Years, Within 3 Years	7,148,260		10,555,458
After 3 Years, Within 4 Years	2,815,491		10,847,730
After 4 Years, Within 5 Years	3,089,709		2,813,696
Total Certificates of Deposits	$	157,361,926	$	180,525,057