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Certificates of Deposit
12 Months Ended
Dec. 31, 2021
Deposits [Abstract]  
Certificates of Deposit

NOTE 5 - CERTIFICATES OF DEPOSIT

The aggregate amount of certificates of deposit, that meet or exceed the FDIC insurance limit of $250,000, were approximately $7,833,000 at December 31, 2021 and $10,824,000 at December 31, 2020.

At December 31, 2021, the scheduled maturities of certificates of deposit were as follows:

 

2022

 

$

54,798,356

 

2023

 

 

14,162,610

 

2024

 

 

1,884,319

 

2025

 

 

1,643,325

 

2026

 

 

41,644

 

 

 

$

72,530,254