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Related Party Transactions
 12 Months Ended
Dec. 31, 2021
Related Party Transactions [Abstract]  
Related Party Transactions
15.
RELATED PARTY TRANSACTIONS
Loans to principal officers, directors, and their affiliates during 2021 were as follows:
 
    
2021
  
Beginning balance
    $ 325  
New loans
      1,305  
Effect of changes in composition of related parties
      4,774  
Net repayments in existing accounts
      (28 ) 
    
 
 
  
Ending balance
    $ 6,376  
    
 
 
  
Deposits from principal officers, directors, and their affiliates as of December 31, 2021 and 2020 were $34,211 and $2,874, respectively.
Two companies owned by a Director of the Company invested in the subordinated debentures issued by the Company. Refer to Note 11 for further information.