Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands |
Sep. 30, 2021 |
Dec. 31, 2020 |
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Level 1 | ||
Financial assets: | ||
Loans, net | $ 0 | $ 0 |
Financial liabilities: | ||
Interest-bearing deposits | 0 | 0 |
FHLB Advance | 0 | 0 |
Level 2 | ||
Financial assets: | ||
Loans, net | 98,483 | 102,034 |
Financial liabilities: | ||
Interest-bearing deposits | 191,318 | 177,280 |
FHLB Advance | 5,009 | 4,012 |
Level 3 | ||
Financial assets: | ||
Loans, net | 0 | 0 |
Financial liabilities: | ||
Interest-bearing deposits | 0 | 0 |
FHLB Advance | 0 | 0 |
Carrying Amount | ||
Financial assets: | ||
Loans, net | 96,151 | 98,455 |
Financial liabilities: | ||
Interest-bearing deposits | 192,808 | 176,670 |
FHLB Advance | 5,000 | 4,000 |
Estimated Fair Value | ||
Financial assets: | ||
Loans, net | 98,483 | 102,034 |
Financial liabilities: | ||
Interest-bearing deposits | 191,318 | 177,280 |
FHLB Advance | $ 5,009 | $ 4,012 |
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- Definition Fair value portion of deposit liabilities held by the entity, including, but not limited to, foreign and domestic, interest and noninterest bearing, demand deposits, saving deposits, negotiable orders of withdrawal (NOW) and time deposits. No definition available.
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- Definition Fair value portion of borrowing from Federal Home Loan Bank (FHLBank). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- References No definition available.
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- Definition Fair value portion of loan receivable, including, but not limited to, mortgage loans held for investment, finance receivables held for investment, policy loans on insurance contracts. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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