Quarterly report pursuant to Section 13 or 15(d)

Other Borrowings

v3.21.4
Other Borrowings
9 Months Ended
Sep. 30, 2021
Other Borrowings.  
Other Borrowings

Note 6: Other Borrowings

On May 21, 2021, the Bank obtained a non-interest bearing FHLB advance totaling $5.0 million. This advance is collateralized by loans pledged to the FHLB and matures on May 21, 2022. Additionally, on May 21, 2021, the Bank repaid the existing non-interest bearing FHLB advance totaling $4.0 million that was due on May 24, 2021.