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BORROWINGS (Tables)
12 Months Ended
Dec. 31, 2021
Schedule of FHLB Advances

FHLB advances are summarized in the following table as of the date indicated (in thousands):

BORROWINGS
                             
  December 31, 2021
  Balance  Type   Rate   Maturity 
  $ 5,000   Fixed Rate    0.40%   9/29/2023 
  $ 5,000        0.40%     
                    
  December 31, 2020
  Balance  Type   Rate   Maturity 
  $ 5,000   Fixed Rate    0.88%   3/6/2023 
   5,000   Fixed Rate    0.40%   9/29/2023 
   2,000   Fixed Rate    1.77%   1/24/2025 
   2,000   Fixed Rate    0.79%   1/24/2030 
   2,000   Fixed Rate    1.22%   1/24/2030 
  $ 16,000        0.87%     
Schedule of Annual Maturities of FHLB Advances and Weighted Average Rates

The scheduled annual maturities of FHLB advances and respective weighted average rates are as follows as of the date indicated (in thousands):

BORROWINGS (Details 2)
December 31, 2021
Year  Balance   Weighted
Average Rate
 
2023  $5,000    0.40%
   $5,000    0.40%