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SECURITIES
 3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]    
SECURITIES SECURITIES
The amortized cost and fair value of securities at March 31, 2022 and December 31, 2021 are summarized as follows:
Amortized CostGross Unrealized GainsGross Unrealized LossesFair Value
March 31, 2022
Securities Available for Sale
U.S. Treasury securities$9,797 $— $(556)$9,241 
U.S. Government Sponsored Enterprises (GSEs)8,453 — (414)8,039 
State and municipal securities56,963 607 (2,924)54,646 
Corporate debt securities10,528 129 (216)10,441 
Asset based securities10,096 14 (105)10,005 
Mortgage-backed GSE residential/multifamily and non-GSE60,264 6 (1,615)58,655 
Total securities available for sale$156,101 $756 $(5,830)$151,027 
Securities Held to Maturity
State and municipal securities19,667 — (1,440)18,227 
Total securities held to maturity$19,667 $— $(1,440)$18,227 
Total securities$175,768 $756 $(7,270)$169,254 
Amortized CostGross Unrealized GainsGross Unrealized LossesFair Value
December 31, 2021
Securities Available for Sale
U.S. Treasury securities$7,820 $22 $(20)$7,822 
U.S. Government Sponsored Enterprises (GSEs)9,228 68 (103)9,193 
State and municipal securities54,236 2,611 (66)56,781 
Corporate debt securities10,530 289 (35)10,784 
Asset based securities10,380 116 (24)10,472 
Mortgage-backed GSE residential/multifamily and non-GSE37,123 185 (188)37,120 
Total securities available for sale$129,317 $3,291 $(436)$132,172 
Securities Held to Maturity
State and municipal securities19,672 364 (126)19,910 
Total securities held to maturity$19,672 $364 $(126)$19,910 
Total securities$148,989 $3,655 $(562)$152,082 
Securities with a carrying value of $45,534 and $46,263 at March 31, 2022 and December 31, 2021, respectively, were pledged to secure public deposits and for other purposes as required or permitted by law.
The amortized cost and fair value of securities available for sale and securities held to maturity as of March 31, 2022 and December 31, 2021 by contractual maturity are shown below. Actual maturities may differ from contractual maturities in mortgage-backed securities because the mortgages underlying the securities may be called or repaid with or without penalty. Therefore, these securities are not included by maturity in the following summary:
March 31, 2022December 31, 2021
Amortized Cost
Fair Value
Amortized Cost
Fair Value
Securities Available for Sale
Due in less than one year$301 $301 $302 $302 
Due from one year to five years6,997 6,881 2,766 2,790 
Due after five to ten years23,679 22,684 26,475 26,764 
Due after ten years64,860 62,506 62,651 65,196 
Mortgage-backed securities60,264 58,655 37,123 37,120 
Total securities available for sale$156,101 $151,027 $129,317 $132,172 
Securities Held to Maturity
Due in less than one year$— $— $— $— 
Due from one year to five years— — — — 
Due after five to ten years1,772 1,689 1,100 1,115 
Due after ten years17,895 16,538 18,572 18,795 
Mortgage-backed securities— — — — 
Total securities held to maturity$19,667 $18,227 $19,672 $19,910 
Total securities$175,768 $169,254 $148,989 $152,082 
Restricted equity securities as of March 31, 2022 and December 31, 2021 consist of the following:
March 31,

December 31,
20222021
Federal Home Loan Bank stock$1,900 $1,675 
First National Banker’s Bankshares, Inc. stock675 675 
Pacific Coast Banker’s Bank stock250 250 
Total restricted equity securities$2,825 $2,600 
Temporarily Impaired Securities
The following table shows the gross unrealized losses and fair value of securities, aggregated by category and length of time that securities have been in a continuous unrealized loss position at March 31, 2022 and December 31, 2021.
Less Than Twelve MonthsOver Twelve MonthsTotal Unrealized Losses
Gross Unrealized LossesFair ValueGross Unrealized LossesFair Value
March 31, 2022
Securities Available for Sale
U.S. Treasury securities$(556)$9,241 $— $— $(556)
U.S. Government Sponsored Enterprises (GSEs)(215)5,596 (199)2,443 (414)
State and municipal securities(2,924)39,112 — — (2,924)
Corporate debt securities(177)5,351 (39)711 (216)
Asset based securities(101)7,473 (4)844 (105)
Mortgage-backed GSE residential/multifamily and non-GSE(1,522)41,499 (93)2,442 (1,615)
Total securities available for sale$(5,495)$108,272 $(335)$6,440 $(5,830)
Securities Held to Maturity
State and municipal securities(1,377)17,786 (63)441 (1,440)
Total securities held to maturity$(1,377)$17,786 $(63)$441 $(1,440)
Total securities$(6,872)$126,058 $(398)$6,881 $(7,270)
Less Than Twelve MonthsOver Twelve MonthsTotal Unrealized Losses
Gross Unrealized LossesFair ValueGross Unrealized LossesFair Value
December 31, 2021
Securities Available for Sale
U.S. Treasury securities$(20)$5,347 $— $— $(20)
U.S. Government Sponsored Enterprises (GSEs)(57)1,946 (46)1,899 (103)
State and municipal securities(66)6,270 — — (66)
Corporate debt securities(35)2,995 — — (35)
Asset based securities(21)2,842 (3)879 (24)
Mortgage-backed GSE residential/multifamily and non-GSE(158)16,226 (30)2,749 (188)
Total securities available for sale$(357)$35,626 $(79)$5,527 $(436)
Securities Held to Maturity
State and municipal securities(126)6,450 — — (126)
Total securities held to maturity$(126)$6,450 $— $— $(126)
Total securities$(483)$42,076 $(79)$5,527 $(562)
The unrealized losses on 172 securities were caused by interest rate changes. Because the Company does not intend to sell the securities and it is not more likely than not that the Company will be required to sell the securities before recovery of the amortized cost bases, at maturity, the Company does not consider these securities to be other-than-temporarily impaired at March 31, 2022.
Other-Than-Temporary Impairment
The Company routinely conducts periodic reviews to identify and evaluate each investment security to determine whether an other-than-temporary impairment has occurred. Factors included in the evaluation process may include geographic concentrations, credit ratings, and other performance indicators of the underlying asset. As of March 31, 2022 and December 31, 2021, no securities within the Company’s investment securities portfolio was considered other-than-temporarily impaired.
 SECURITIES
The amortized cost and fair value of securities at December 31, 2021 and December 31, 2020 are summarized as follows:
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair Value
December 31, 2021
Securities Available for Sale
U.S. Treasury securities$7,820 $22 $(20)$7,822 
U.S. Government Sponsored Enterprises (GSEs)9,228 68 (103)9,193 
State and municipal securities54,236 2,611 (66)56,781 
Corporate debt securities10,530 289 (35)10,784 
Asset based securities10,380 116 (24)10,472 
Mortgage-backed GSE residential/multifamily and non-GSE37,123 185 (188)37,120 
Total securities available for sale$129,317 $3,291 $(436)$132,172 
Securities Held to Maturity
U.S. Treasury securities$— $— $— $— 
U.S. Government Sponsored Enterprises (GSEs)— — — — 
State and municipal securities19,672 364 (126)19,910 
Corporate debt securities— — — — 
Asset based securities— — — — 
Mortgage-backed GSE residential/multifamily and non-GSE— — — — 
Total securities held to maturity$19,672 $364 $(126)$19,910 
Total securities$148,989 $3,655 $(562)$152,082 
NOTE 3.    SECURITIES (Continued)
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair Value
December 31, 2020
Securities Available for Sale
U.S. Treasury securities$— $— $— $— 
U.S. Government Sponsored Enterprises (GSEs)9,154 246 (34)9,366 
State and municipal securities64,468 3,531 (58)67,941 
Corporate debt securities8,286 188 (5)8,469 
Asset based securities9,035 76 — 9,111 
Mortgage-backed GSE residential/multifamily and non-GSE18,753 394 (33)19,114 
Total securities available for sale$109,696 $4,435 $(130)$114,001 
Securities Held to Maturity
U.S. Treasury securities$— $— $— $— 
U.S. Government Sponsored Enterprises (GSEs)— — — — 
State and municipal securities— — — — 
Corporate debt securities— — — — 
Asset based securities— — — — 
Mortgage-backed GSE residential/multifamily and non-GSE— — — — 
Total securities held to maturity$— $— $— $— 
Total securities$109,696 $4,435 $(130)$114,001 
Securities with a carrying value of $46,263 and $40,983 at December 31, 2021 and December 31, 2020, respectively, were pledged to secure public deposits and for other purposes as required or permitted by law.
The amortized cost and fair value of securities available for sale and securities held to maturity as of December 31, 2021 and December 31, 2020 by contractual maturity are shown below. Actual maturities may differ from contractual maturities in mortgage-backed securities because the mortgages underlying the securities may be called or repaid with or without penalty. Therefore, these securities are not included by maturity in the following summary:
NOTE 3.    SECURITIES (Continued)
December 31,
20212020
Amortized
Cost
Fair
Value
Amortized
Cost
Fair
Value
Securities Available for Sale
Due in less than one year$302 $302 $— $— 
Due from one year to five years2,766 2,790 1,200 1,241 
Due after five to ten years26,475 26,764 15,518 15,873 
Due after ten years62,651 65,196 74,225 77,773 
Mortgage-backed securities37,123 37,120 18,753 19,114 
Total securities available for sale$129,317 $132,172 $109,696 $114,001 
Securities Held to Maturity
Due in less than one year$— $— $— $— 
Due from one year to five years— — — — 
Due after five to ten years1,100 1,115 — — 
Due after ten years18,572 18,795 — — 
Mortgage-backed securities— — — — 
Total securities held to maturity$19,672 $19,910 $— $— 
Total securities$148,989 $152,082 $109,696 $114,001 
Gains and losses on sales of securities available for sale for the years ended December 31, 2021 and December 31, 2020 consist of the following:
Years Ended December 31,
20212020
Gross gains$862 $765 
Gross losses(919)(23)
Net realized gains (losses)$(57)$742 
Restricted equity securities as of December 31, 2021 and December 31, 2020 consist of the following:
December 31,
20212020
Federal Home Loan Bank stock$1,675 $2,299 
First National Banker’s Bankshares, Inc. stock675 675 
Pacific Coast Banker’s Bank stock250 250 
Total restricted equity securities$2,600 $3,224 
NOTE 3.    SECURITIES (Continued)
Temporarily Impaired Securities
The following table shows the gross unrealized losses and fair value of securities, aggregated by category and length of time that securities have been in a continuous unrealized loss position at December 31, 2021 and December 31, 2020.
Less Than Twelve MonthsOver Twelve Months
Gross
Unrealized
Losses		Fair ValueGross
Unrealized
Losses		Fair ValueTotal
Unrealized
Losses
December 31, 2021
Securities Available for Sale
U.S. Treasury securities$(20)$5,347 $— $— $(20)
U.S. Government Sponsored Enterprises (GSEs)(57)1,946 (46)1,899 (103)
State and municipal securities(66)6,270 — — (66)
Corporate debt securities(35)2,995 — — (35)
Asset based securities(21)2,842 (3)879 (24)
Mortgage-backed GSE residential/multifamily and non-GSE(158)16,226 (30)2,749 (188)
Total securities available for sale$(357)$35,626 $(79)$5,527 $(436)
Securities Held to Maturity
U.S. Treasury securities$— $— $— $— $— 
U.S. Government Sponsored Enterprises (GSEs)— — — — — 
State and municipal securities(126)6,450 — — (126)
Corporate debt securities— — — — — 
Asset based securities— — — — — 
Mortgage-backed GSE residential/multifamily and non-GSE— — — — — 
Total securities held to maturity$(126)$6,450 $— $— $(126)
Total securities$(483)$42,076 $(79)$5,527 $(562)
NOTE 3.    SECURITIES (Continued)
Temporarily Impaired Securities (Continued)
Less Than Twelve MonthsOver Twelve Months
Gross
Unrealized
Losses		Fair ValueGross
Unrealized
Losses		Fair ValueTotal
Unrealized
Losses
December 31, 2020
Securities Available for Sale
U.S. Treasury securities$— $— $— $— $— 
U.S. Government Sponsored Enterprises (GSEs)(34)2,051 — — (34)
State and municipal securities(58)4,979 — — (58)
Corporate debt securities(5)1,495 — — (5)
Asset based securities— 960 — — — 
Mortgage-backed GSE residential/multifamily and non-GSE(33)6,643 — — (33)
Total securities available for sale$(130)$16,128 $— $— $(130)
Securities Held to Maturity
U.S. Treasury securities$— $— $— $— $— 
U.S. Government Sponsored Enterprises (GSEs)— — — — — 
State and municipal securities— — — — — 
Corporate debt securities— — — — — 
Asset based securities— — — — — 
Mortgage-backed GSE residential/multifamily and non-GSE— — — — — 
Total securities held to maturity$— $— $— $— $— 
Total securities$(130)$16,128 $— $— $(130)
The unrealized losses on fifty-five securities were caused by interest rate changes. Because the Company does not intend to sell the securities and it is not more likely than not that the Company will be required to sell the securities before recovery of the amortized cost bases, at maturity, the Company does not consider these securities to be other-than-temporarily impaired at December 31, 2021.
Other-Than-Temporary Impairment
The Company routinely conducts periodic reviews to identify and evaluate each investment security to determine whether an other-than-temporary impairment has occurred. Factors included in the evaluation process may include geographic concentrations, credit ratings, and other performance indicators of the underlying asset. As of December 31, 2021 and December 31, 2020, no securities within the Company’s investment securities portfolio was considered other-than-temporarily impaired.