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8. Borrowings
12 Months Ended
Dec. 31, 2016
Disclosure Text Block [Abstract]  
8. Borrowings

8. BORROWINGS

 

At December 31, 2016, the Bank has the ability to borrow up to $700,000 on a fully secured basis at the Discount Window of the Federal Reserve Bank for which the Bank currently has $750,000 in securities pledged. As of December 31, 2016 and 2015, the Bank had no borrowings outstanding.