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Other Real Estate Owned (Tables)
 12 Months Ended
Dec. 31, 2021
Real Estate Owned, Disclosure of Detailed Components [Abstract]  
Other Real Estate Owned
The following summarizes other real estate owned:
As of  December 31,20212020
Real estate acquired in settlement of loans$— $908,000 
Change in Allowance for Losses from Other Real Estate Owned
Changes in the allowance for losses from other real estate owned were as follows:
For the years ended December 31,202120202019
Balance at beginning of year$45,000 $— $— 
Losses charged to allowance(45,000)— — 
Provision charged to operating expenses— 45,000 — 
Balance at end of year$— $45,000 $—