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SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)
12 Months Ended
Dec. 31, 2021
Federal Funds Purchased and Securities Sold under Agreements to Repurchase [Abstract]  
Schedule of Securities Sold Under Agreements to Repurchase Information concerning securities sold under agreements to repurchase is summarized as follows as of December 31:

 

 

2021

 

 

2020

 

Average balance during the year

 

$

14,812

 

 

$

18,115

 

Average interest rate during the year

 

 

0.11

%

 

 

0.18

%

Maximum month-end balance during the year

 

$

36,322

 

 

$

21,400

 

Weighted average interest rate at year-end

 

 

0.76

%

 

 

0.19

%