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Related Party Transactions (Tables)
 12 Months Ended
Dec. 31, 2021
Related Party Transactions [Abstract]  
Summary of Related Party Loan Activity The following summary reflects related party loan activity during 2021 and 2020.

 

 

 

2021

 

 

2020

 

Beginning balance

 

$

571,210

 

 

$

644,441

 

New loans and advancements

 

 

40,000

 

 

 

36,050

 

Change in executive officers and directors

 

 

(131,838

)

 

 

—

 

Repayments

 

 

(114,562

)

 

 

(109,281

)

Ending Balance

 

$

364,810

 

 

$

571,210