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FAIR VALUE OF ASSETS AND LIABILITIES (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Fair Value Disclosures [Abstract]    
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis Information related to the Company’s assets and liabilities measured at fair value on a recurring basis at March 31, 2022 and December 31, 2021 is as follows:
Fair Value Measurements At Reporting Date Using:
Fair ValueQuoted Prices In Active Markets For Identical Assets (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)
March 31, 2022
U.S. Treasury securities$9,241 $— $9,241 $— 
U.S. Government Sponsored Enterprises (GSEs)
8,039 — 8,039 — 
State and municipal securities54,646 — 54,646 — 
Corporate debt securities10,441 — 10,441 — 
Asset based securities10,005 — 10,005 — 
Mortgage-backed GSE residential/multifamily and non-GSE58,655 — 58,655 — 
Other equity securities8,937 4,854 — 4,083 
Interest Rate Products - asset4,278 — 4,278 — 
Interest Rate Products - liabilities(4,322)— (4,322)— 
December 31, 2021
U.S. Treasury securities$7,822 $— $7,822 $— 
U.S. Government Sponsored Enterprises (GSEs)
9,193 — 9,193 — 
State and municipal securities56,781 — 56,781 — 
Corporate debt securities10,784 — 10,784 — 
Asset based securities10,472 — 10,472 — 
Mortgage-backed GSE residential/multifamily and non-GSE37,120 — 37,120 — 
Other equity securities9,232 4,985 — 4,247 
Interest Rate Products - asset1,784 — 1,784 — 
Interest Rate Products - liabilities(1,843)— (1,843)— 
The carrying amount and estimated fair value of the Company’s financial instruments were as follows:
March 31, 2022
Estimated Fair Value
Carrying Amount
Level 1Level 2Level 3
Financial assets:
Cash and cash equivalents$208,824 $208,824 $— $— 
Securities available for sale151,027 — 151,027 — 
Other equity securities8,937 4,854 — 4,083 
Loans held for sale2,509 — 2,509 — 
Trading assets4,278 — 4,278 — 
Loans, net1,294,578 — 1,277,836 8,329 
Bank owned life insurance29,343 — 29,343 — 
Annuities15,523 — 15,523 — 
Accrued interest receivable4,427 — 4,427 — 
Restricted equity securities2,825 — — 2,825 
Financial liabilities:
Deposits$1,541,839 $— $1,469,334 $— 
Trading liabilities4,322 — 4,322 — 
FHLB advances25,950 — 25,829 — 
Other borrowings— — — — 
Subordinated notes47,154 — 47,154 — 
Accrued interest payable107 — 107 — 
December 31, 2021
Estimated Fair Value
Carrying Amount
Level 1Level 2Level 3
Financial assets:
Cash and cash equivalents$283,956 $283,956 $— $— 
Securities available for sale132,172 — 132,172 — 
Other equity securities9,232 4,985 — 4,247 
Loans held for sale2,400 — 2,400 — 
Trading assets1,784 — 1,784 — 
Loans, net1,235,456 — 1,237,491 7,718 
Bank owned life insurance22,201 — 22,201 — 
Annuities12,888 — 12,888 — 
Accrued interest receivable4,170 — 4,170 — 
Restricted equity securities2,600 — — 2,600 
Financial liabilities:
Deposits$1,556,451 $— $1,507,190 $— 
Trading liabilities1,843 — 1,843 — 
FHLB advances25,950 — 25,926 — 
Other borrowings12,498 — 12,498 — 
Subordinated notes— — — — 
Accrued interest payable132 — 132 — 
 Information related to the Company’s assets and liabilities measured at fair value on a recurring basis at December 31, 2021 and December 31, 2020 is as follows:
Fair Value Measurements At Reporting Date Using:

Fair ValueQuoted Prices
In Active
Markets For
Identical Assets
(Level 1)		Significant
Other
Observable
Inputs (Level 2)		Significant
Unobservable
Inputs (Level 3)
December 31, 2021
U.S. Treasury securities$7,822 $— $7,822 $— 
U.S. Government Sponsored Enterprises (GSEs)
9,193 — 9,193 — 
State and municipal securities56,781 — 56,781 — 
Corporate debt securities10,784 — 10,784 — 
Asset based securities10,472 — 10,472 — 
Mortgage-backed GSE residential/multifamily and non GSE
37,120 — 37,120 — 
Other equity securities9,232 4,985 — 4,247 
Interest Rate Products - asset1,784 — 1,784 — 
Interest Rate Products - liabilities(1,843)— (1,843)— 
December 31, 2020
U.S. Treasury securities$— $— $— $— 
U.S. Government Sponsored Enterprises (GSEs)
9,366 — 9,366 — 
State and municipal securities67,941 — 67,941 — 
Corporate debt securities8,469 — 8,469 — 
Asset based securities9,111 — 9,111 — 
Mortgage-backed GSE residential/multifamily and non-GSE
19,114 — 19,114 — 
Other equity securities5,017 5,017 — — 
Interest Rate Products - asset983 — 983 — 
Interest Rate Products - liabilities(1,013)— (1,013)— 
The carrying amount and estimated fair value of the Company’s financial instruments were as follows:
December 31, 2021

Estimated Fair Value

Carrying
Amount
Level 1Level 2Level 3
Financial assets:
Cash and cash equivalents$283,956 $283,956 $— $— 
Securities available for sale132,172 — 132,172 — 
Other equity securities9,232 4,985 — 4,247 
Loans held for sale2,400 — 2,400 — 
Trading assets1,784 — 1,784 — 
Loans, net1,235,456 — 1,237,491 7,718 
Bank owned life insurance22,201 — 22,201 — 
Annuities12,888 — 12,888 — 
Accrued interest receivable4,170 — 4,170 — 
Restricted equity securities2,600 — — 2,600 
Financial liabilities:
Deposits$1,556,451 $— $1,507,190 $— 
Trading liabilities1,843 — 1,843 — 
FHLB advances25,950 — 25,926 — 
Other borrowings12,498 — 12,498 — 
Subordinated notes— — — — 
Accrued interest payable132 — 132 — 
NOTE 17.    FAIR VALUE OF ASSETS AND LIABILITIES (Continued)
Fair Value of Financial Instruments (Continued)
December 31, 2020

Estimated Fair Value

Carrying
Amount
Level 1Level 2Level 3
Financial assets:
Cash and cash equivalents$84,907 $84,907 $— $— 
Securities available for sale114,001 — 114,001 — 
Other equity securities5,017 5,017 — — 
Loans held for sale5,696 — 5,696 — 
Trading assets983 — 983 — 
Loans, net1,018,256 — 1,030,104 4,392 
Bank owned life insurance22,458 — 22,458 — 
Annuities12,903 — 12,903 — 
Accrued interest receivable4,243 — 4,243 — 
Restricted equity securities3,224 — — 3,224 
Financial liabilities:
Deposits$1,139,661 $— $1,140,979 $— 
Trading liabilities1,013 — 1,013 — 
FHLB advances30,900 — 30,962 — 
Other borrowings7,975 — 7,975 — 
Subordinated notes4,493 — 4,493 — 
Accrued interest payable278 — 278 — 
Fair Value Measurements, Nonrecurring Assets measured at fair value on a nonrecurring basis are included in the table below as of March 31, 2022 and December 31, 2021:
Fair Value Measurements At Reporting Date Using:
Fair ValueQuoted Prices In Active Markets For Identical Assets (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)
March 31, 2022:
Impaired loans$8,329 $— $— $8,329 
Foreclosed assets2,930 — — 2,930 
Totals$11,259 $— $— $11,259 
Fair ValueQuoted Prices In Active Markets For Identical Assets (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)
December 31, 2021:
Impaired loans$7,718 $— $— $7,718 
Foreclosed assets2,930 — — 2,930 
Totals$10,648 $— $— $10,648 
 Assets measured at fair value on a nonrecurring basis are included in the table below as of December 31, 2021 and December 31, 2020:
Fair Value Measurements At Reporting Date Using:

Fair ValueQuoted Prices
In Active
Markets For
Identical Assets
(Level 1)		Significant
Other
Observable
Inputs (Level 2)		Significant
Unobservable
Inputs (Level 3)
December 31, 2021
Impaired loans$7,718 $— $— $7,718 
Foreclosed assets2,930 — — 2,930 
Totals$10,648 $— $— 10,648 

Fair ValueQuoted Prices
In Active
Markets For
Identical Assets
(Level 1)		Significant Other
Observable
Inputs (Level 2)		Significant
Unobservable
Inputs (Level 3)
December 31, 2020
Impaired loans$4,392 $— $— $4,392 
Foreclosed assets10,224 — — 10,224 
Totals$14,616 $— $— 14,616 
Fair Value Measurement Inputs and Valuation Techniques
For Level 3 assets measured at fair value on a nonrecurring basis as of March 31, 2022, the significant unobservable inputs used in the fair value measurements are presented below.
Carrying Amount
Valuation Technique
Significant Unobservable Input
Weighted Average of Input
Nonrecurring:
Impaired loans
$8,329 AppraisalAppraisal discounts (%)
15-20%
Foreclosed assets
$2,930 AppraisalAppraisal discounts (%)
10-15%
For Level 3 assets measured at fair value on a non-recurring basis as of December 31, 2021, the significant unobservable inputs used in the fair value measurements are presented below.
Carrying Amount
Valuation Technique
Significant Unobservable Input
Weighted Average of Input
Nonrecurring:
Impaired loans
$7,718 AppraisalAppraisal discounts (%)
15-20%
Foreclosed assets
$2,930 AppraisalAppraisal discounts (%)
10-15%
For Level 3 assets measured at fair value on a recurring basis as of December 31, 2021, the significant unobservable inputs used in the fair value measurements are presented below.
Carrying
Amount
Valuation
Technique
Significant
Unobservable
Input
Weighted
Average
of Input
Recurring:
Other equity securities
$4,247 Discounted cash flowDiscount rate (%)N/A
For Level 3 assets measured at fair value on a recurring basis as of December 31, 2020, the significant unobservable inputs used in the fair value measurements are presented below.
Carrying
Amount
Valuation Technique
Significant
Unobservable
Input
Weighted
Average
of Input
Recurring:
Other equity securities
$— Discounted cash flowDiscount rate (%)N/A
NOTE 17.    FAIR VALUE OF ASSETS AND LIABILITIES (Continued)
Quantitative Disclosures for Level 3 Fair Value Measurements (Continued)
For Level 3 assets measured at fair value on a nonrecurring basis as of December 31, 2021, the significant unobservable inputs used in the fair value measurements are presented below.
Carrying
Amount
Valuation
Technique
Significant
Unobservable
Input
Weighted
Average
of Input
Nonrecurring:
Impaired loans
$7,718 AppraisalAppraisal discounts (%)
15-20%
Foreclosed assets
$2,930 AppraisalAppraisal discounts (%)
10-15%
For Level 3 assets measured at fair value on a nonrecurring basis as of December 31, 2020, the significant unobservable inputs used in the fair value measurements are presented below.
Carrying
Amount
Valuation
Technique
Significant
Unobservable
Input
Weighted
Average
of Input
Nonrecurring:
Impaired loans
$4,392 AppraisalAppraisal discounts (%)
15-20%
Foreclosed assets
$10,224 AppraisalAppraisal discounts (%)
10-15%