FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK AND CONCENTRATIONS OF CREDIT RISK (Tables)

12 Months Ended

Dec. 31, 2021

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK AND CONCENTRATIONS OF CREDIT RISK

Schedule of Financial instruments whose contract amounts representing credit risk

The contract or notional amounts at December 31, 2021 and 2020 were as follows:

(Dollars in thousands)
	December 31, 2021		December 31, 2020
Financial instruments whose contract amounts represent credit risk:
Commitments to extend credit	$	142,335	$	114,836
Financial standby letters of credit	$	2,000	$	1,175
Performance standby letters of credit	$	3,727	$	3,448