Investment securities (Tables)

6 Months Ended

Jun. 30, 2022

Investments, Debt and Equity Securities [Abstract]

Schedule of Investment securities

The Company held no investment securities as of June 30, 2022. Investment securities as of December 31, 2021 consisted of the following:

December 31, 2021	Amortized cost		Gross unrealized gains		Gross unrealized losses			Estimated fair value
Federal agency bonds — mortgage-backed	$	8,696,093	$	—	$	(61,016	)	$	8,635,077
Total debt securities available-for-sale	$	8,696,093	$	—	$	(61,016	)	$	8,635,077

Schedule of amortized cost and estimated fair value of investment securities

The amortized cost and estimated fair value of investment securities as of December 31, 2021, by contractual maturity, are shown below:

	Available-for-sale
December 31, 2021	Amortized cost		Estimated fair value
Due after one year through five years	$	8,696,093	$	8,635,077
Total debt securities available-for-sale	$	8,696,093	$	8,635,077