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BORROWED MONEY (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Debt Maturities

Federal Home Loan Bank (“FHLB”) advances, as of December 31, 2020, were as follows:

Fixed-rate advances, with monthly interest payments, principal due in:

 

Year

 

Current

Weighted

Average Rate

 

 

Principal Due

 

2021

 

 

0.15

%

 

$

101,500

 

2022

 

 

1.99

%

 

 

1,500

 

2023

 

 

0.00

%

 

 

 

2024

 

 

1.76

%

 

 

6,000

 

2025

 

 

0.00

%

 

 

 

 

 

 

 

 

 

 

109,000

 

 

Fixed-rate advances, with monthly principal and interest payments, principal due in:

 

Year

 

Current

Weighted

Average Rate

 

 

Principal Due

 

2021

 

 

1.38

%

 

 

101

 

 

 

 

 

 

 

 

101

 

 

 

 

 

 

 

$

109,101

 

The scheduled principal payments and weighted average rates of other debentures are as follows:

Year

 

Current

Weighted

Average Rate

 

 

Principal Due

 

2022

 

 

2.45

%

 

$

2,000

 

2023

 

 

2.85

%

 

 

3,500

 

2024

 

 

3.74

%

 

 

4,000

 

 

 

 

 

 

 

$

9,500