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RELATED PARTY TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2021
Related Party Transactions [Abstract]  
The table below summarizes related party loans.

The table below summarizes related party loans.

 

   December 31, 2021   December 31, 2020 
Balance at beginning of the year  $5,970,014   $2,651,907 
New loans or advances   3,693,836    5,244,062 
Repayments   (4,150,704)   (1,925,955)
Balance at the end of the year  $5,513,146   $5,970,014