Advances and Borrowings

12 Months Ended

Dec. 31, 2020

Advances and Borrowings [Abstract]

Advances and Borrowings

Note 11: Advances and Borrowings

The Bank has a blanket floating lien security agreement with a maximum borrowing capacity of $64.8 million at December 31, 2020, with the FHLB, under which the Bank is required to maintain collateral for any advances, including its stock in the FHLB, as well as qualifying first mortgage and other loans.  The Bank had no advances from the FHLB at December 31, 2020 or 2019.