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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Summary of Contractual Amounts of Off-balance-sheet Credit-related Financial Instruments
The contractual amounts of
off-balance-sheet
credit-related financial instruments are summarized below:
 
   
March 31, 2021
 
   
Fixed Rate
   
Variable Rate
   
Total
 
   
(in thousands)
 
Commitments to extend credit
  $18,315   $41,000   $59,315 
Standby letters of credit
   23    2,150    2,173 
Credit enhancement under the FHLB of Chicago Mortgage Partnership Finance Program
   1,073    —      1,073 
Commitments to sell loans
   36,777    —      36,777 
Overdraft protection program commitments
   4,063    —      4,063 
  
   
December 31, 2020
 
   
Fixed Rate
   
Variable Rate
   
Total
 
   
(in thousands)
 
Commitments to extend credit
  $12,084   $41,778   $53,862 
Standby letters of credit
   23    2,150    2,173 
Credit enhancement under the FHLB of Chicago Mortgage Partnership Finance Program
   1,087    —      1,087 
Commitments to sell loans
   53,847    —      53,847 
Overdraft protection program commitments
   4,104    —      4,104