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Financial Instruments with Off-Balance-Sheet Risk (Table)
12 Months Ended
Dec. 31, 2020
Financial Instruments with Off-Balance-Sheet Risk (Table)  
Financial Instruments with Off-Balance-Sheet Risk

 

 

Contract or Notional Amount

 

 

 

2020

 

 

2019

 

 

 

 

 

 

 

 

Unused portions of home equity lines of credit

 

$35,217,177

 

 

$32,784,105

 

Residential and commercial construction lines of credit

 

 

14,843,617

 

 

 

12,364,436

 

Commercial real estate commitments

 

 

32,888,666

 

 

 

24,377,588

 

Commercial and industrial commitments

 

 

57,848,075

 

 

 

47,659,341

 

Other commitments to extend credit

 

 

42,140,295

 

 

 

64,469,012

 

Standby letters of credit and commercial letters of credit

 

 

1,585,000

 

 

 

1,375,500

 

Recourse on sale of credit card portfolio

 

 

327,855

 

 

 

254,430

 

MPF credit enhancement obligation, net (See Note 19)

 

 

552,158

 

 

 

552,158