Federal Home Loan Bank Advances (Tables)

12 Months Ended

Dec. 31, 2019

Federal Home Loan Bank Advances

Schedule of Aggregate Annual Maturities of FHLB Advances

Aggregate annual maturities of FHLB advances at December 31, 2019 and 2018 are as follows:

	2019		2018
One year or less	$	8,763,152	$	15,450,000
Over one year to two years		7,700,000		8,538,152
Over two years to three years		15,600,000		2,600,000
Over three years to four years		15,112,000		2,000,000
		47,175,152		28,588,152
Deferred prepayment penalty, net of amortization		(3,086)		(7,714)
	$	47,172,066	$	28,580,438