ADVANCES FROM THE FEDERAL HOME LOAN BANK (“FHLB”) OF NEW YORK (Tables)

12 Months Ended

Dec. 31, 2022

Federal Home Loan Banks [Abstract]

Summary of long-term advances

Long-term advances at December 31 were as follows:

	Weighted Average Rate at December 31, 2022			2022		2021
Amortizing:
Maturing in:
2022		—		$	—	$	3,650,641
2023		0.76	%		3,101,059		3,101,059
2024		0.76	%		3,124,634		3,124,634
2025		0.73	%		2,354,973		2,354,973
2026		0.80	%		678,275		678,275
		0.76	%	$	9,258,941	$	12,909,582
Non-repo advances
Maturing in:
2022		—		$	—	$	32,081,840
2023		2.03	%		23,037,169		23,037,169
2024		1.99	%		6,019,839		6,019,839
2025		1.52	%		5,003,306		5,003,306
		1.85	%	$	34,060,314	$	66,142,154

Summary of payments over next five years

Payments over the next four years are as follows:

2023	$	85,138,228
2024		9,144,473
2025		7,358,279
2026		678,275
	$	102,319,255