New Peoples Bankshares (NWPP) 10-K 31 Mar 22 2021 FY Annual report Financial data

Cover

Cover - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Mar. 31, 2022	Jun. 30, 2021
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2021
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--12-31
Entity File Number	000-33411
Entity Registrant Name	New Peoples Bankshares, Inc.
Entity Central Index Key	0001163389
Entity Tax Identification Number	31-1804543
Entity Incorporation, State or Country Code	VA
Entity Address, Address Line One	67 Commerce Drive
Entity Address, City or Town	Honaker
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	24260
City Area Code	276
Local Phone Number	873-7000
Trading Symbol	None
Title of 12(g) Security	Common Stock - $2 Par Value
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 21,089,972
Entity Common Stock, Shares Outstanding		23,922,086
Auditor Name	Elliott Davis, LLC
Auditor Firm ID	149
Auditor Location	Greenville, South Carolina

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
ASSETS
Cash and due from banks	$ 14,952	$ 16,023
Interest-bearing deposits with banks	45,766	76,105
Federal funds sold	228	222
Total Cash and Cash Equivalents	60,946	92,350
Investment securities available-for-sale	107,358	48,406
Loans held for sale		389
Loans receivable	593,744	575,566
Allowance for loan losses	(6,735)	(7,191)
Net Loans	587,009	568,375
Bank premises and equipment, net	20,735	22,174
Other real estate owned	1,361	3,334
Accrued interest receivable	2,112	2,392
Deferred taxes, net	1,673	3,126
Other assets	9,391	10,317
Total Assets	794,647	756,302
Deposits
Noninterest bearing	251,257	223,725
Interest-bearing	456,256	444,287
Total Deposits	707,513	668,012
Accrued interest payable	272	436
Accrued expenses and other liabilities	2,673	2,742
Total Liabilities	731,016	698,125
STOCKHOLDERS’ EQUITY
Common stock - $2.00 par value; 50,000,000 shares authorized; 23,922,086 shares issued and outstanding at December 31, 2021 and 2020, respectively	47,844	47,844
Additional paid-in capital	14,570	14,570
Retained earnings (deficit)	2,031	(4,979)
Accumulated other comprehensive (loss) income	(814)	742
Total Stockholders’ Equity	63,631	58,177
Total Liabilities and Stockholders’ Equity	$ 794,647	$ 756,302

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 2	$ 2
Common stock, authorized	50,000,000	50,000,000
Common stock, issued	23,922,086	23,922,086
Common stock, outstanding	23,922,086	23,922,086

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020
INTEREST AND DIVIDEND INCOME
Loans including fees		$ 28,323	$ 28,638
Federal funds sold			1
Interest-earning deposits with banks		95	208
Investments		1,377	1,048
Dividends on equity securities (restricted)		117	141
Total Interest and Dividend Income		29,912	30,036
INTEREST EXPENSE
Deposits		2,248	4,284
Borrowed funds		453	609
Total Interest Expense		2,701	4,893
NET INTEREST INCOME		27,211	25,143
PROVISION FOR LOAN LOSSES		372	2,300
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES		26,839	22,843
NONINTEREST INCOME
Service charges and fees		3,724	3,217
Insurance and investment fees		1,029	716
Net gain on sales of available-for-sale securities	[1]	322	4
Other noninterest income		1,034	896
Total Noninterest Income		9,980	8,147
NONINTEREST EXPENSES
Salaries and employee benefits		12,662	13,228
Occupancy and equipment expenses		5,785	4,536
Data processing and telecommunications		2,444	2,497
Other operating expenses		6,976	6,736
Total Noninterest Expenses		27,867	26,997
INCOME BEFORE INCOME TAXES		8,952	3,993
INCOME TAX EXPENSE		1,942	1,103
NET INCOME		$ 7,010	$ 2,890
[1]	– Not within the scope of ASU 2014-9

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
NET INCOME	$ 7,010	$ 2,890
Investment securities activity:
Unrealized (losses) gains arising during the year	(1,647)	871
Reclassification adjustment for net gains included in net income	(322)	(4)
Other comprehensive (losses) gains on investment securities	(1,969)	867
Related tax benefit (expense)	413	(182)
TOTAL OTHER COMPREHENSIVE (LOSS) INCOME	(1,556)	685
TOTAL COMPREHENSIVE INCOME	$ 5,454	$ 3,575

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Beginning balance, value at Dec. 31, 2019	$ 47,844	$ 14,570	$ (7,869)	$ 57	$ 54,602
Balance at beginning, shares at Dec. 31, 2019	23,922
Net income			2,890		2,890
Other comprehensive loss, net of tax				685	685
Ending balance, value at Dec. 31, 2020	$ 47,844	14,570	(4,979)	742	58,177
Balance at ending, shares at Dec. 31, 2020	23,922
Net income			7,010		7,010
Other comprehensive loss, net of tax				(1,556)	(1,556)
Ending balance, value at Dec. 31, 2021	$ 47,844	$ 14,570	$ 2,031	$ (814)	$ 63,631

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 7,010	$ 2,890
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	2,097	2,189
Provision for loan losses	372	2,300
Gain on sale of mortgage loans	(104)	(174)
Loss on sale or disposal of premises and equipment	1,098	19
Gain on sale of foreclosed real estate and repossessed assets	(126)	(58)
Loans originated for sale	(5,814)	(11,948)
Proceeds from sales of loans originated for sale	6,307	11,735
Adjustment of carrying value of foreclosed real estate and repossessed assets	466	165
Net amortization/accretion of bond premiums/discounts	482	419
Deferred tax expense	1,866	1,103
Net change in:
Interest receivable	280	(277)
Other assets	403	77
Accrued interest payable	(164)	(258)
Accrued expenses and other liabilities	(19)	473
Net Cash Provided by Operating Activities	13,800	8,574
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of securities available-for-sale	(85,082)	(9,584)
Proceeds from sale of investment securities available-for-sale	7,686	1,025
Proceeds from repayments and maturities of securities available-for-sale	16,315	11,254
Payments for the purchase of premises and equipment	(4,094)	(2,141)
Proceeds from sale of premises and equipment	1,203	1
Proceeds from insurance claims on other real estate owned	54
Proceeds from sales of other real estate owned	2,645	760
Net Cash Used in Investing Activities	(79,705)	(12,906)
CASH FLOWS FROM FINANCING ACTIVIES
Net change in noninterest bearing deposits	27,532	52,943
Net Cash Provided by Financing Activities	34,501	46,535
Net (decrease) increase in cash and cash equivalents	(31,404)	42,203
Cash and Cash Equivalents, Beginning of the Year	92,350	50,147
Cash and Cash Equivalents, End of the Year	60,946	92,350
Supplemental Disclosure of Cash Paid During the Year for:
Interest	2,865	5,151
Taxes		(166)
Supplemental Disclosure of Non-Cash Transactions:
Other real estate acquired in settlement of foreclosed loans	$ 566	$ 1,128

NATURE OF OPERATIONS

NATURE OF OPERATIONS	12 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
NATURE OF OPERATIONS	NOTE 1 NATURE OF OPERATIONS Nature of Operations –

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation and Consolidation Use of Estimates Cash and Cash Equivalents Investment Securities The amortization of premiums and accretion of discounts are recognized in interest income using the effective interest method over the period to maturity for discounts and the earlier of call date or maturity for premiums. Realized gains and losses on dispositions are based on the net proceeds and the adjusted book value of the securities sold, using the specific identification method. Realized gains (losses) on securities available-for-sale are included in noninterest income and, when applicable, are reported as a reclassification adjustment, net of tax, in other comprehensive income. Unrealized gains and losses on investment securities available for sale are based on the difference between book value and fair value of each security. These gains and losses are credited or charged to other comprehensive income, net of tax, whereas realized gains and losses flow through the statements of income. Loans held for sale Loans It is the Company’s policy to stop accruing interest on a loan, and classify that loan as non-accrual under the following circumstances: (a) whenever we are advised by the borrower that scheduled payment or interest payments cannot be met, (b) when our best judgment indicates that payment in full of principal and interest can no longer be expected, or (c) when any such loan or obligation becomes delinquent for 90 days unless it is both well secured and in the process of collection. All interest accrued but not collected for loans that are placed on nonaccrual or charged off is reversed against interest income, except in the case of a nonaccrual loan that is well secured and in the process of collection, in which case, the interest accrued but not collected is not reversed. The interest on these loans is accounted for on the cash basis or cost-recovery method, until qualifying for return to accrual status. Generally, loans are returned to accrual status when all the principal and interest amounts contractually due are brought current, six consecutive timely payments are made, and prospects for future contractual payments are reasonably assured. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis for commercial and construction loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. Significant Group Concentrations of Credit Risk 15.9 Allowance for Loan Losses The allowance is increased by a provision for loan losses, which is charged to expense and reduced by charge-offs, net of recoveries. Loans are charged against the allowance for loan losses when management believes that collectability of all or part of the principal is unlikely. Past due status is determined based on contractual terms. In regard to our consumer and consumer real estate loan portfolio, the Company uses the guidance found in the Uniform Retail Credit Classification and Account Management Policy which affects our estimate of the allowance for loan losses. Under this approach, a consumer or consumer real estate loan must initially have a credit risk grade of Pass or better. Subsequently, if the loan becomes contractually 90 days past due or the borrower files for bankruptcy protection, the loan is downgraded to Substandard and placed in nonaccrual status. If the loan is unsecured, upon being deemed Substandard, the entire loan amount is charged off. For non-1-4 family residential loans that are 90 days past due or greater, or in bankruptcy, the collateral value less estimated liquidation costs is compared to the loan balance to calculate any potential deficiency. If the collateral is sufficient then no charge-off is necessary. If a deficiency exists, then upon the loan becoming contractually 120 days past due, the deficiency is charged-off against the allowance for loan loss. In the case of 1-4 family residential or home equity loans, upon the loan becoming 120 days past due, a current value is obtained and after application of an estimated liquidation discount, a comparison is made to the loan balance to calculate any deficiency. Subsequently, any noted deficiency is then charged-off against the allowance for loan loss when the loan becomes contractually 180 days past due. If the customer has filed bankruptcy, then within 60 days of the bankruptcy notice, any calculated deficiency is charged-off against the allowance for loan loss. Collection efforts continue by means of repossessions or foreclosures, and upon bank ownership, liquidation ensues. Bank Premises and Equipment Schedule of estimated useful lives Type Estimated useful life Buildings 39 Paving and landscaping 15 Computer equipment and software 3 5 Vehicles 5 Furniture and other equipment 5 10 Leasehold improvements are amortized over the terms of the respective leases or the estimated useful lives of the improvements, whichever is shorter. Repairs and maintenance costs are recorded as a component of noninterest expense as incurred. Other Real Estate Owned Bank Owned Life Insurance (BOLI) Leases Income Taxes The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such positions are then measured based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement. See Note 10, Income Taxes, for additional information. The Company records any penalties and interest attributed to uncertain tax positions as a component of income tax expenses. Income Per Share Financial Instruments – Off-balance-sheet instruments Financial Instruments – Fair Value Comprehensive Income Revenue from Contracts with Customers Advertising Cost Reclassification Subsequent Events

INCOME PER SHARE

INCOME PER SHARE	12 Months Ended
	Dec. 31, 2021
Income Per Share
INCOME PER SHARE	NOTE 3 INCOME PER SHARE Basic income per share computations are based on the weighted average number of shares outstanding during each year. Dilutive earnings per share reflect the additional common shares that would have been outstanding if dilutive potential common shares had been issued. For the years ended December 31, 2021 and 2020, there were no dilutive potential common shares. Basic and diluted net income per common share calculations follows: Schedule of basic and diluted net loss per common share calculations (Amounts in thousands, except For the year ended share and per share data) December 31, 2021 2020 Net income $ 7,010 $ 2,890 Weighted average shares outstanding 23,922,086 23,922,086 Weighted average dilutive shares outstanding 23,992,086 23,992,086 Basic and diluted income per share $ 0.29 $ 0.12

INVESTMENT SECURITIES

INVESTMENT SECURITIES	12 Months Ended
	Dec. 31, 2021
Investment securities activity:
INVESTMENT SECURITIES	NOTE 5 INVESTMENT SECURITIES The amortized cost and estimated fair value of securities (all available-for-sale) as of December 31, 2021 and December 31, 2020 are as follows: Schedule of securities amortized cost and estimated fair value Gross Gross Approximate Amortized Unrealized Unrealized Fair (Dollars are in thousands) Cost Gains Losses Value December 31, 2021 U.S. Treasuries 7,791 $ 2 $ 122 $ 7,671 U.S. Government Agencies 9,098 77 86 9,089 Taxable municipals 23,075 159 254 22,980 Corporate bonds 2,014 23 18 2,019 Mortgage backed securities 66,410 143 954 65,599 Total Securities available for sale 108,388 $ 404 $ 1,434 $ 107,358 December 31, 2020 U.S. Government Agencies 13,852 $ 322 $ 67 $ 14,107 Taxable municipals 5,157 188 — 5,345 Corporate bonds 5,893 186 31 6,048 Mortgage backed securities 22,565 388 47 22,906 Total Securities available for sale 47,467 $ 1,084 $ 145 $ 48,406 The following table details unrealized losses and related fair values in the available-for-sale portfolio. This information is aggregated by the length of time that individual securities have been in a continuous unrealized loss position as of December 31, 2021 and December 31, 2020. Schedule of fair value and gross unrealized losses on investment securities Less than 12 Months 12 Months or More Total (Dollars are in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses December 31, 2021 U.S. Treasuries $ 6,200 $ 122 $ — $ — $ 6,200 $ 122 U.S. Government Agencies 977 10 3,434 76 4,411 86 Taxable municipals 13,040 237 387 17 13,427 254 Corporate bonds 1,482 18 — — 1,482 18 Mtg. backed securities 52,180 758 6,282 196 58,462 954 Total Securities AFS $ 73,879 $ 1,145 $ 10,103 $ 289 $ 83,982 $ 1,434 December 31, 2020 U.S. Government Agencies $ 1,479 $ 12 $ 3,829 $ 55 $ 5,308 $ 67 Taxable municipals — — — — — — Corporate bonds 1,219 31 — — 1,219 31 Mtg. backed securities 7,517 44 218 3 7,735 47 Total Securities AFS $ 10,215 $ 87 $ 4,047 $ 58 $ 14,262 $ 145 At December 31, 2021, the available-for-sale portfolio included 113 investments for which the fair market value was less than amortized cost. At December 31, 2020, the available-for-sale portfolio included 42 investments for which the fair market value was less than amortized cost. Management evaluates securities for other-than-temporary impairment at least on a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial conditions and near-term prospects of the issuer, and (3) the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. Based on the Company’s analysis, the Company concluded that no securities had other-than-temporary impairment at December 31, 2021 or December 31, 2020. Investment securities with a carrying value of $ 12.1 6.8 During the year ended December 31, 2021, $ 7.7 322 1.0 4 The amortized cost and fair value of investment securities at December 31, 2021, by contractual maturity, are shown in the following schedule. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Also, actual maturities may differ from scheduled maturities on amortizing securities, such as mortgage-backed securities and collateralized mortgage obligations, because the underlying collateral on these types of securities may be repaid prior to the scheduled maturity date. Schedule of amortized cost and fair value of investment securities contractual maturity Weighted (Dollars are in thousands) Amortized Fair Average Securities Available for Sale Cost Value Yield Due in one year or less $ 1,051 $ 1,060 2.56 Due after one year through five years 7,858 7,804 1.41 Due after five years through ten years 12,819 12,747 1.54 Due after ten years 86,660 85,747 1.61 Total $ 108,388 $ 107,358 1.59 The Bank, as a member of the Federal Reserve Bank and the Federal Home Loan Bank of Atlanta (FHLB), is required to hold stock in each. The Bank also owns stock in CBB Financial Corp., which is a correspondent of the Bank. These equity securities, which are included in Other Assets on the consolidated balance sheet, are restricted from trading and are recorded at a cost of $ 2.0 2.6

LOANS

LOANS	12 Months Ended
	Dec. 31, 2021
Receivables [Abstract]
LOANS	NOTE 6 LOANS Loans receivable outstanding at December 31, 2021 and 2020, are summarized as follows: Summary of loans receivable outstanding December 31, (Dollars are in thousands) 2021 2020 Real estate secured: Commercial $ 206,162 $ 179,381 Construction and land development 32,325 25,031 Residential 1-4 family 224,530 222,980 Multifamily 33,048 16,569 Farmland 18,735 18,368 Total real estate loans 514,800 462,329 Commercial 54,325 86,010 Agriculture 4,021 4,450 Consumer installment loans 18,756 20,632 All other loans 1,842 2,145 Total loans $ 593,744 $ 575,566 Included in commercial loans at December 31, 2021 and 2020, were $6.4 million and $34.8 million of PPP loans that are guaranteed by the SBA. Also included in total loans above are deferred loan fees of $1.8 million and $2.3 million, at December 31, 2021 and 2020, respectively, which include deferred PPP loan fees. Deferred loan costs were $2.0 million and $1.8 million, at December 31, 2021 and 2020, respectively. Income from net deferred fees and costs is recognized as income over the lives of the respective loans as a yield adjustment. If loans repay prior to scheduled maturities any unamortized fee or cost is recognized at that time. As a result of PPP originations during 2021 and 2020, net deferred fees totaling $1.6 million and $1.6 million were received, respectively, and $2.0 million and $994 thousand was recognized through earnings, respectively. Loans receivable on nonaccrual status at December 31, 2021 and 2020 are summarized as follows: Summary of loans receivable on nonaccrual status (Dollars are in thousands) 2021 2020 Real estate secured: Commercial $ 415 $ 2,225 Construction and land development 37 57 Residential 1-4 family 2,314 2,700 Multi-family 111 — Farmland 48 101 Total real estate loans 2,925 5,083 Commercial 9 453 Consumer installment and other loans 7 12 Total loans receivable on nonaccrual status $ 2,941 $ 5,548 Total interest income not recognized on nonaccrual loans for 2021 and 2020 was $223 thousand and $494 thousand, respectively. No accounts received pandemic related forbearance in 2021. During the year ended December 31, 2020, under the provisions of the CARES Act or related guidance issued by banking regulators, modifications, mainly in the form of short-term payment deferrals, were granted on 786 loans totaling $119.6 million. At December 31, 2021, 543 accounts totaling $82.4 million remain, of which 538 accounts totaling $82.3 million are current or less than 90 days past due. All of these accounts are subject to a normal repayment schedule. No accounts at December 31, 2021 were subject to pandemic related forbearance. At December 31, 2020, 673 loans totaling $110.7 million had completed their forbearance period and resumed a normal payment schedule, and 15 loans totaling $836 thousand remained in forbearance. At December 31, 2020, the remaining 98 accounts had been repaid in full or refinanced at market terms and conditions. Of the accounts that received some form of forbearance during 2020, at December 31, 2021, $15.2 million were to lessors of residential properties, $12.8 to lessors of nonresidential properties and $6.7 million to hotels and restaurants; while at December 31, 2020, $21.4 million were to lessors of residential properties, $16.0 million to lessors of non-residential properties, $12.4 million to hotels and restaurants, and $6.0 million to coal and gas mining operations. The following table presents information concerning the Company’s investment in loans considered impaired as of December 31, 2021 and December 31, 2020: Summary of impaired loans As of December 31, 2021 (Dollars are in thousands) Average Recorded Investment Interest Income Recognized Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Real estate secured: Commercial $ 245 $ — $ 99 $ 140 $ — Construction and land development 64 18 24 298 — Residential 1-4 family 1,720 24 1,508 1,791 — Multifamily — — — — — Farmland 438 14 320 490 — Commercial — — — — — Agriculture — — — — — Consumer installment loans 3 — 2 2 — All other loans — — — — — With an allowance recorded: Real estate secured: Commercial 871 3 315 372 94 Construction and land development — — — — — Residential 1-4 family 338 6 340 372 53 Multifamily — — — — — Farmland 121 4 197 209 17 Commercial 109 1 28 35 2 Agriculture — — — — — Consumer installment loans — — — — — All other loans — — — — — Total $ 3,909 $ 70 $ 2,833 $ 3,709 $ 166 As of December 31, 2020 (Dollars are in thousands) Average Recorded Investment Interest Income Recognized Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Real estate secured: Commercial $ 1,680 $ 16 $ 385 $ 386 $ — Construction and land development 89 18 99 376 — Residential 1-4 family 1,788 53 1,662 1,898 — Multifamily — — — — — Farmland 550 59 391 560 — Commercial 59 — — — — Agriculture — — — — — Consumer installment loans 4 — 5 6 — All other loans — — — — — With an allowance recorded: Real estate secured: Commercial 707 — 1,566 1,678 574 Construction and land development — — — — — Residential 1-4 family 150 3 337 365 72 Multifamily — — — — — Farmland 212 9 208 220 2 Commercial 214 12 429 437 404 Agriculture — — — — — Consumer installment loans — — — — — All other loans — — — — — Total $ 5,453 $ 170 $ 5,082 $ 5,926 $ 1,052 An age analysis of past due loans receivable is below. At December 31, 2021 and 2020, there were no loans over 90 days past due that were accruing. Summary of age analysis of past due loans receivable As of December 31, 2021 (Dollars are in thousands) Loans 30-59 Days Past Due Loans 60-89 Days Past Due Loans 90 or More Days Past Due Total Past Due Loans Current Loans Total Loans Real estate secured: Commercial $ — $ — $ — $ — $ 206,162 $ 206,162 Construction and land development 7 — 7 14 32,311 32,325 Residential 1-4 family 2,473 240 486 3,199 221,331 224,530 Multifamily — — 111 111 32,937 33,048 Farmland — — — — 18,735 18,735 Total real estate loans 2,480 240 604 3,324 511,476 514,800 Commercial 5 — — 5 54,320 54,325 Agriculture — — — — 4,021 4,021 Consumer installment Loans 56 5 — 61 18,695 18,756 All other loans — — — — 1,842 1,842 Total loans $ 2,541 $ 245 $ 604 $ 3,390 $ 590,354 $ 593,744 As of December 31, 2020 (Dollars are in thousands) Loans 30-59 Days Past Due Loans 60-89 Days Past Due Loans 90 or More Days Past Due Total Past Due Loans Current Loans Total Loans Real estate secured: Commercial $ 969 $ — $ — $ 969 $ 178,412 $ 179,381 Construction and land development 64 — — 64 24,967 25,031 Residential 1-4 family 5,717 615 690 7,022 215,958 222,980 Multifamily — — — — 16,569 16,569 Farmland 57 — — 57 18,311 18,368 Total real estate loans 6,807 615 690 8,112 454,217 462,329 Commercial 214 — — 214 85,796 86,010 Agriculture 7 1 — 8 4,442 4,450 Consumer installment Loans 214 22 — 236 20,396 20,632 All other loans — — — — 2,145 2,145 Total loans $ 7,242 $ 638 $ 690 $ 8,570 $ 566,996 $ 575,566 The Company categorizes loans receivable into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans and leases individually by classifying the loans receivable as to credit risk. The Company uses the following definitions for risk ratings: Pass Special Mention Substandard A substandard loan is inadequately protected by the current sound net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans classified as substandard must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt; they are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful Loans classified Doubtful have all the weaknesses inherent in loans classified Substandard, plus the added characteristic that the weaknesses make collection or liquidation in full on the basis of currently existing facts, conditions, and values highly questionable and improbable. There were no loans classified as doubtful at either December 31, 2021 or 2020. Based on the most recent analysis performed, the risk category of loans receivable was as follows: Summary of risk category of loans receivable As of December 31, 2021 (Dollars are in thousands) Pass Special Mention Substandard Doubtful Total Real estate secured: Commercial $ 198,022 $ 7,725 $ 415 $ — $ 206,162 Construction and land development 31,366 922 37 — 32,325 Residential 1-4 family 221,342 915 2,273 — 224,530 Multifamily 32,499 438 111 — 33,048 Farmland 18,137 550 48 — 18,735 Total real estate loans 501,366 10,550 2,884 — 514,800 Commercial 53,162 1,154 9 — 54,325 Agriculture 4,021 — — — 4,021 Consumer installment loans 18,746 2 8 — 18,756 All other loans 1,842 — — — 1,842 Total $ 579,137 $ 11,706 $ 2,901 $ — $ 593,744 As of December 31, 2020 (Dollars are in thousands) Pass Special Mention Substandard Doubtful Total Real estate secured: Commercial $ 171,212 $ 6,112 $ 2,057 $ — $ 179,381 Construction and land development 23,168 1,806 57 — 25,031 Residential 1-4 family 218,947 1,304 2,729 — 222,980 Multifamily 16,337 232 — — 16,569 Farmland 17,019 1,249 100 — 18,368 Total real estate loans 446,683 10,703 4,943 — 462,329 Commercial 81,846 3,711 453 — 86,010 Agriculture 4,255 195 — — 4,450 Consumer installment loans 20,615 5 12 — 20,632 All other loans 2,145 — — — 2,145 Total $ 555,544 $ 14,614 $ 5,408 $ — $ 575,566

ALLOWANCE FOR LOAN LOSSES

ALLOWANCE FOR LOAN LOSSES	12 Months Ended
	Dec. 31, 2021
Receivables [Abstract]
ALLOWANCE FOR LOAN LOSSES	NOTE 7 ALLOWANCE FOR LOAN LOSSES The following tables present activity in the allowance for loan losses for the years ended December 30, 2021 and 2020. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. Additionally, the allocation of the allowance by recorded portfolio segment and impairment method is presented as of December 30, 2021 and 2020. Schedule of allocation of portion of allowance Real estate secured (Dollars are in thousands) Commercial Construction and Land Development Residential 1-4 family Multifamily Farmland Commercial Agriculture Consumer and All Other Unallocated Total Year ended December 31, 2021 Beginning balance $ 2,281 $ 233 $ 1,951 $ 151 $ 97 $ 2,275 $ 40 $ 163 $ - $ 7,191 Charge-offs (915) - (48) - - (92) - (78) - (1,133) Recoveries 2 6 85 - 29 137 1 45 - 305 Provision 766 (50) 249 103 23 (1,221) (13) (22) 537 372 Ending balance $ 2,134 $ 189 $ 2,237 $ 254 $ 149 $ 1,099 $ 28 $ 108 $ 537 $ 6,735 Allowance for loan losses at December 31, 2021 Individually evluated for impairment $ 94 $ - $ 53 $ - $ 17 $ 2 $ - $ - $ - $ 166 Collectively evaluated for impairment 2,040 189 2,184 254 132 1,097 28 108 537 6,569 Total $ 2,134 $ 189 $ 2,237 $ 254 $ 149 $ 1,099 $ 28 $ 108 $ 537 $ 6,735 Loans at December 31, 2021 Individually evluated for impairment $ 414 $ 24 $ 1,848 $ - $ 517 $ 28 $ - $ 2 $ - $ 2,833 Collectively evaluated for impairment 205,748 32,301 222,682 33,048 18,218 54,297 4,021 20,596 - 590,911 Total $ 206,162 $ 32,325 $ 224,530 $ 33,048 $ 18,735 $ 54,325 $ 4,021 $ 20,598 $ - $ 593,744 Real estate secured (Dollars are in thousands) Commercial Construction and Land Development Residential 1-4 family Multifamily Farmland Commercial Agriculture Consumer and All Other Unallocated Total Year ended December 31, 2020 Beginning balance $ 1,248 $ 158 $ 1,736 $ 104 $ 109 $ 1,789 $ 27 $ 195 $ 2 $ 5,368 Charge-offs (65) - (165) - (42) (329) (15) (85) - (701) Recoveries 57 - 38 - 33 40 1 55 - 224 Provision 1,041 75 342 47 (3) 775 27 (2) (2) 2,300 Ending balance $ 2,281 $ 233 $ 1,951 $ 151 $ 97 $ 2,275 $ 40 $ 163 $ - $ 7,191 Allowance for loan losses at December 31, 2020 Individually evluated for impairment $ 574 $ - $ 72 $ - $ 2 $ 404 $ - $ - $ - $ 1,052 Collectively evaluated for impairment 1,707 233 1,879 151 95 1,871 40 163 - 6,139 Total $ 2,281 $ 233 $ 1,951 $ 151 $ 97 $ 2,275 $ 40 $ 163 $ - $ 7,191 Loans at December 31, 2020 Individually evluated for impairment $ 1,951 $ 99 $ 1,999 $ - $ 599 $ 429 $ - $ 5 $ - $ 5,082 Collectively evaluated for impairment 177,430 24,932 220,981 16,569 17,769 85,581 4,450 22,772 - 570,484 Total $ 179,381 $ 25,031 $ 222,980 $ 16,569 $ 18,368 $ 86,010 $ 4,450 $ 22,777 $ - $ 575,566 In determining the amount of our allowance, we rely on an analysis of our loan portfolio, our experience and our evaluation of general economic conditions. If our assumptions prove to be incorrect, our current allowance may not be sufficient to cover future loan losses and we may experience significant increases to our provision. Due to the underlying SBA guarantee provided for PPP loans, these accounts were not included in either the portfolio segment or impairment calculations at December 31, 2021 and 2020. Additionally, due to uncertainties presented by the ongoing pandemic and the resulting economic uncertainty, internal and external qualitative factors were revised accordingly. For 2021, external qualitative factors were adjusted to consider the impact of inflation.

BANK PREMISES AND EQUIPMENT

BANK PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
BANK PREMISES AND EQUIPMENT	NOTE 9 BANK PREMISES AND EQUIPMENT Depreciation expense for 2021 and 2020 was $2.1 million and $2.2 million, respectively. Bank premises and equipment at December 31, 2021 and 2020 are summarized as follows: Schedule of bank premises and equipment (Dollars are in thousands) 2021 2020 Land $ 7,424 $ 7,796 Buildings and improvements 16,252 16,227 Furniture and equipment 14,139 16,253 Construction in progress — 1,025 37,815 43,008 Less accumulated depreciation (17,080 ) (18,726 ) Bank Premises and Equipment $ 20,735 $ 22,174 During the year ended December 31, 2021, the Bank sold four former branch locations, with net book values of approximately $1.1 million, resulting in approximately $173 thousand of net gains on sales. Also, during 2021, the Bank transferred three other former branch locations, with net book values totaling approximately $2.0 million, to other real estate owned, resulting in an increase to OREO of $950 thousand, and disposal and valuation costs of approximately $1.1 million. Subsequently, in December 2021, these OREO properties were written down to $912 thousand. Equipment with a combined net book value of $188 thousand were written off in 2021. One new branch office, in Bristol, Virginia, was opened in 2021, resulting in an increase of $2.7 million in premises and equipment. During 2020, the Bank opened a new branch office in Kingsport, Tennessee, and a loan production office in Boone, North Carolina. As presented in Note 17 Leasing Activities, during 2021, the Bank repurchased the branch office located in Lebanon, Virginia, which had previously been sold and leased back.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 10 INCOME TAXES The Company files a consolidated federal income tax return. The following summarizes the provision for income taxes and the related deferred tax components for the years ended December 31, 2021 and 2020. The source of pre-tax book income is summarized as follows for the years ended December 31, 2021 and 2020: Schedule of pre-tax book income (Dollars are in thousands) 2021 2020 Pre-tax book income Domestic $ 8,952 $ 3,993 Total pre-tax book income $ 8,952 $ 3,993 Income tax expense is summarized as follows for the years ended December 31, 2021 and 2020: Schedule of components of income tax expense (Dollars are in thousands) 2021 2020 Current income tax expense (benefit) Federal $ (172 ) $ (200 ) State — — Total current income tax expense (benefit) (172 ) (200 ) Deferred income tax expense Federal 2,067 1,304 State 47 (1 ) Total deferred income tax expense 2,114 1,303 Income tax expense $ 1,942 $ 1,103 The following table summarizes the differences between the actual income tax expense and the amounts computed using the federal statutory tax rate of 21% for years ended December 31, 2021 and 2020, respectively: Schedule of reconciliation of income tax expense (Dollars are in thousands) 2021 2020 Income tax expense (benefit) at the applicable federal rate $ 1,879 $ 839 Permanent differences resulting from: Nondeductible expenses 7 8 Tax exempt interest income (4 ) (7 ) Bank owned life insurance (7 ) (16 ) Other adjustments 67 279 Income tax expense $ 1,942 $ 1,103 The net deferred tax assets and liabilities resulting from temporary differences as of December 31, 2021 and 2020, are summarized as follows: Schedule of net deferred tax assets and liabilities (Dollars are in thousands) 2021 2020 Deferred Tax Assets Allowance for loan losses $ 1,500 $ 1,568 Deferred compensation 85 92 Nonaccrual loan interest 532 490 Unrealized loss on securities available for sale 216 — Other real estate owned 305 83 Amortization of core deposits 6 18 Amortization of goodwill 31 90 Capitalized interest and repair expense 23 23 Net operating loss carryforward 460 2,172 Other 98 33 Total Assets, gross 3,256 4,569 Valuation allowance — — Total Assets, net 3,256 4,569 Deferred Tax Liabilities Accelerated depreciation 1,105 869 Unrealized gain on securities available for sale — 197 Prepaid expenses 27 22 Deferred loan costs 451 355 Total Liabilities, gross 1,583 1,443 Net Deferred Tax Asset $ 1,673 $ 3,126 In accordance with applicable accounting guidance, the Company determined that it was not required to establish a valuation allowance for deferred tax assets as it is more likely than not that the deferred tax asset will be realized through future taxable income, future reversals of existing taxable temporary differences and tax strategies. The Company’s net deferred tax asset is recorded in the consolidated financial statements separately. At December 31, 2021 and 2020, the Company had no unrecognized tax benefits. The Company does not expect the total amount of unrecognized tax benefits to increase significantly over the next twelve months. The company recognizes interest and penalties as a component of income tax expense. The Company and Bank are subject to U. S. federal income tax, a capital-based franchise tax in the Commonwealth of Virginia; and income and excise taxes in West Virginia, Tennessee and North Carolina, respectively, based on earnings realized from business activities within each state. Years prior to 2018 are no longer subject to examination by taxing authorities.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 12 RELATED PARTY TRANSACTIONS Officers, directors (and companies controlled by them), principal shareholders, and associates were customers of and had loan transactions with the Bank in the normal course of business. The following table summarizes these transactions, which were made on substantially the same terms as those prevailing for other customers and did not involve any abnormal risk. Schedule of related party For the year ended December 31, (Dollars in thousands) 2021 2020 Beginning balance $ 4,187 $ 2,457 New loans and advances on lines 2,620 4,567 Payments and other reductions (3,388 ) (2,837 ) Ending balance $ 3,419 $ 4,187 Total related party deposits held at the Bank were $24.8 million and $21.5 million as of December 31, 2021 and 2020, respectively. NPB Insurance Services, Inc. holds a 39% membership interest in Lonesome Pine Title Agency, LLC, which provides title insurance. Another member of the agency is a related party to the Company. In August, 2021, the Bank sold a parcel of land, adjacent to the Grundy, Virginia office to a director for $150 thousand, which approximated the fair value of the property. A gain of $17 thousand was recorded from this transaction.

RETIREMENT PLANS

RETIREMENT PLANS	12 Months Ended
	Dec. 31, 2021
Retirement Benefits [Abstract]
RETIREMENT PLANS	NOTE 13 RETIREMENT PLANS The Company has established a qualified defined contribution plan that covers all full-time employees. The Company matches employee contributions up to a maximum of 3% of their salary. The Company contributed $246 thousand and $258 thousand to the defined contribution plan for 2021 and 2020, respectively. The Bank maintains a salary continuation plan for key executives which was established in 2002 and is funded by single premium life insurance policies. Expenses related to the plan were $29 thousand and $17 thousand for the years ended December 31, 2021 and 2020, respectively.

OTHER REAL ESTATE OWNED

OTHER REAL ESTATE OWNED	12 Months Ended
	Dec. 31, 2021
Real Estate [Abstract]
OTHER REAL ESTATE OWNED	NOTE 14 OTHER REAL ESTATE OWNED The following table summarizes the activity in other real estate owned for the years ended December 31, 2021 and 2020: Schedule of other real estate owned 2021 2020 (Dollars are in thousands) Balance, beginning of year $ 3,334 $ 3,393 Additions 566 1,128 Transfers from premises and equipment 950 — Proceeds from sales (2,645 ) (687 ) Proceeds from insurance claims (54 ) — Loans made to finance sales (400 ) (428 ) Adjustment of carrying value (466 ) (132 ) Gains (losses) from sales 76 60 Balance, end of year $ 1,361 $ 3,334

DIVIDEND LIMITATIONS ON SUBSIDI

DIVIDEND LIMITATIONS ON SUBSIDIARY BANK	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
DIVIDEND LIMITATIONS ON SUBSIDIARY BANK	NOTE 16 DIVIDEND LIMITATIONS ON SUBSIDIARY BANK A principal source of funds for the Company is dividends paid by the Bank. The Federal Reserve Act restricts the amount of dividends the Bank may pay. Approval by the Board of Governors of the Federal Reserve System is required if the dividends declared by a state member bank, in any year, exceed the sum of (1) net income of the current year and (2) income net of dividends for the preceding two years. Virginia law restricts the amount of dividends a Virginia corporation may pay. Generally, a Virginia corporation may not authorize and make distributions if, after giving effect to the distribution, it would be unable to meet its debts as they become due in the usual course of business or if the corporation’s total assets would be less than the sum of its total liabilities plus the amount that would be needed, if it were dissolved at that time, to satisfy the preferential rights of shareholders whose rights are superior to the rights of those receiving the distribution. In addition, the payment of distributions to shareholders is subject to any prior rights of outstanding preferred stock.

LEASING ACTIVITIES

LEASING ACTIVITIES	12 Months Ended
	Dec. 31, 2021
Leases [Abstract]
LEASING ACTIVITIES	NOTE 17 LEASING ACTIVITIES During 2021, the Bank repurchased its branch office located in Lebanon, Virginia, for $1.3 million. This branch had previously been sold and leased back in September 2019. As a result of the repurchase, the lease with a remaining term of 12.9 years was cancelled. At December 31, 2021, the Bank leases four branch offices and sublets a lot adjacent to another branch office. The lease agreements have maturity dates ranging from May 2032 to December 2041. It is assumed that there are currently no circumstances in which the leases would be terminated prior to expiration. The weighted average remaining life of the lease terms at December 31, 2021, was 10.61 years. The discount rate used in determining the lease liability for each individual lease was the FHLB fixed advance rate which corresponded to the lease term for each transaction. This methodology is expected to be used for any other subsequent lease agreements. The weighted average discount rate for the leases at December 31, 2021 was 3.24%. The Company’s operating lease costs for the years ended December 31, 2021 and 2020, as a result of the transactions discussed above, was $528 thousand and $552 thousand, respectively. The Company’s other operating leases were evaluated and determined to be immaterial to the financial statements. At December 31, 2021, future minimum rental commitments under the non-cancellable operating leases discussed above are as follows (dollars are in thousands): Schedule of future minimum rental commitments under the non-cancellable operating leases 2022 $ 441 2023 455 2024 455 2025 455 2026 455 Thereafter 2,698 Total lease payments 4,959 Less imputed interest 897 Total $ 4,062

FINANCIAL INSTRUMENTS WITH OFF-

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	12 Months Ended
	Dec. 31, 2021
Investments, All Other Investments [Abstract]
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	NOTE 19 FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK In the normal course of business, the Bank has outstanding commitments and contingent liabilities, such as commitments to extend credit and standby letters of credit, which are not included in the accompanying consolidated financial statements. The Bank’s exposure to credit loss in the event of nonperformance by the other party to the financial instruments for commitments to extend credit and standby letters of credit is represented by the contractual or notional amount of those instruments. The Bank uses the same credit policies in making such commitments as it does for instruments that are included in the balance sheet. Financial instruments whose contract amount represents credit risk at December 31, 2021 and 2020 were as follows: Schedule of financial instruments with credit risk 2021 2020 (Dollars in thousands) Commitments to extend credit $ 69,015 $ 57,334 Standby letters of credit 3,684 2,031 Commitments to extend credit are agreements to lend to a customer at either a fixed or variable interest rate as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Bank evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Bank upon extension of credit, is based on management’s credit evaluation. Collateral held varies but may include accounts receivable, inventory, property and equipment, and income-producing commercial properties. Standby letters of credit are conditional commitments issued by the Bank to guarantee the performance of a customer to a third party. Standby letters of credit generally have fixed expiration dates or other termination clauses and may require payment of a fee. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. The Bank’s policy for obtaining collateral, and the nature of such collateral, is essentially the same as that involved in making commitments to extend credit.

CAPITAL

CAPITAL	12 Months Ended
	Dec. 31, 2021
CAPITAL	NOTE 21 CAPITAL Capital Requirements and Ratios The Company meets eligibility criteria of a small bank holding company in accordance with the Board of Governors of the Federal Reserve System’s Small Bank Holding Company Policy Statement issued in February 2015, and is no longer obligated to report consolidated regulatory capital. The Bank is subject to various capital requirements administered by federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and, possibly, additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the following table) of total and Tier 1 capital to risk-weighted assets, Tier 1 capital to average assets, and Common Equity Tier 1 capital to risk-weighted assets. As of December 31, 2021, the Bank meets all capital adequacy requirements to which it is subject. The Bank’s actual capital amounts and ratios are presented in the following table as of December 31, 2021 and 2020, respectively. Schedule of capital requirements Actual Minimum Capital Requirement Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions (Dollars are in thousands) Amount Ratio Amount Ratio Amount Ratio December 31, 2021: Total Capital to Risk Weighted Assets $ 85,890 16.23 $ 42,332 8.0 $ 52,915 10.0 Tier 1 Capital to Risk Weighted Assets 79,274 14.98 31,749 6.0 42,332 8.0 Tier 1 Capital to Average Assets 79,274 9.86 32,145 4.0 40,181 5.0 Common Equity Tier 1 Capital to Risk Weighted Assets 79,274 14.98 23,812 4.5 34,395 6.5 December 31, 2020: Total Capital to Risk Weighted Assets $ 77,133 16.41 $ 37,603 8.0 $ 47,028 10.0 Tier 1 Capital to Risk Weighted Assets 71,241 15.16 28,202 6.0 37,603 8.0 Tier 1 Capital to Average Assets 71,241 9.49 29,989 4.0 37,545 5.0 Common Equity Tier 1 Capital to Risk Weighted Assets 71,241 15.16 30,036 4.5 30,552 6.5 Accordingly, as of December 31, 2021 and 2020, the Bank was well capitalized under the regulatory framework for prompt corrective action. There are no conditions or events since such dates that management believes have changed the Bank’s category. The Bank is also subject to the rules implementing the Basel III capital framework and certain related provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The final rules require the Bank to comply with the following minimum capital ratios: (i) a Common Equity Tier 1 capital to risk-weighted assets ratio of at least 4.5%, plus a 2.5% “capital conservation buffer” (effectively resulting in a minimum Common Equity Tier 1 capital to risk-weighted assets ratio of 7%), (ii) a ratio of Tier 1 capital to risk-weighted assets of at least 6.0%, plus the 2.5% capital conservation buffer (effectively resulting in a minimum Tier 1 capital ratio of 8.5%), (iii) a ratio of total capital to risk-weighted assets of at least, 8.0%, plus the 2.5% capital conservation buffer (effectively resulting in a minimum total capital ratio of 10.5%), and (iv) a leverage ratio of 4%, calculated as the ratio of Tier 1 capital to average assets. The Bank’s capital conservation buffer was 8.23% at December 31, 2021. The capital conservation buffer is designed to absorb losses during periods of economic stress. Banking institutions with a Common Equity Tier 1 capital to risk-weighted assets ratio above the minimum but below the conservation buffer face constraints on dividends, equity repurchases, and compensation based on the amount of the shortfall. As of both December 31, 2021 and 2020, the Common Equity Tier 1 Capital to Risk-weighted Assets ratio, the Tier 1 Capital to Risk-weighted Assets ratio, the Total Capital to Risk-weighted Assets ratio, and the Tier 1 Capital to Average Assets ratio of the Bank, all exceeded the minimum requirements.

FAIR VALUES

FAIR VALUES	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
FAIR VALUES	NOTE 22 FAIR VALUES The Company established a hierarchal disclosure framework associated with the level of pricing observability utilized in measuring assets and liabilities at fair value. The three broad levels defined by this hierarchy are: Level 1: Quoted prices are available in active markets for identical assets or liabilities as of the reported date. Level 2: Pricing inputs are other than quoted prices in active markets, which are either directly or indirectly observable as of the reported date. The nature of these assets and liabilities include items for which quoted prices are available but traded less frequently, and items that are valued using other financial instruments, the parameters of which can be directly observed. Level 3: Assets and liabilities that have little to no pricing observability as of the reported date. These items do not have two-way markets and are measured using management’s best estimate of fair value, where the inputs into the determination of fair value require significant management judgment or estimation. A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy are as follows: Investment Securities Available for Sale Loans - Other Real Estate Owned – Assets and liabilities measured at fair value are as follows as of December 31, 2021 (for purpose of this table the impaired loans are shown net of the related allowance): Schedule of summary of assets and liabilities measured at fair value (Dollars are in thousands) Quoted market price in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) (On a recurring basis) Available for sale investments U.S. Treasuries $ - $ 7,671 $ U.S. Government Agencies - 9,089 - Taxable municipals - 22,980 - Corporate bonds - 2,019 - Mortgage backed securities - 65,599 - (On a non-recurring basis) Other real estate owned - - 1,361 Impaired loans: Real estate secured: Commercial - - 414 Construction and land development - - 24 Residential 1-4 family - - 1,848 Multifamily - - - Farmland - - 517 Commercial - - 28 Agriculture - - - Consumer installment loans - - 2 All other loans - - - Total $ - $ 107,358 $ 4,194 Assets and liabilities measured at fair value are as follows as of December 31, 2020 (for purpose of this table the impaired loans are shown net of the related allowance): (Dollars are in thousands) Quoted market price in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) (On a recurring basis) Available for sale investments U.S. Government Agencies $ - $ 14,107 $ - Taxable municipals - 5,345 - Corporate bonds - 6,048 - Mortgage backed securities - 22,906 - (On a non-recurring basis) Other real estate owned - - 3,334 Impaired loans: Real estate secured: Commercial - - 1,377 Construction and land development - - 99 Residential 1-4 family - - 1,927 Multifamily - - - Farmland - - 597 Commercial - - 25 Agriculture - - - Consumer installment loans - - 5 All other loans - - - Total $ - $ 48,406 $ 7,364 For Level 3 assets measured at fair value on a recurring or non-recurring basis as of December 31, 2021 and 2020, the significant unobservable inputs used in the fair value measurements were as follows: Schedule of significant unobservable inputs In level 3 assets (Dollars in thousands) Fair Value at December 31, 2021 Fair Value at December 31, 2020 Valuation Technique Significant Unobservable Inputs General Range of Significant Unobservable Input Values Impaired Loans $ 2,667 $ 4,030 Appraised Value/Discounted Cash Flows/Market Value of Note Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0 18 Other Real Estate Owned $ 1,361 $ 3,334 Appraised Value/Comparable Sales/Other Estimates from Independent Sources Discounts to reflect current market conditions and estimated costs to sell 0 18 Fair Value of Financial Instruments The carrying amount and fair value of the Company’s financial instruments that are not required to be measured or reported at fair value on a recurring basis are as follows: Schedule of estimated fair value of financial instruments Fair Value Measurements (Dollars are in thousands) Carrying Amount Fair Value Quoted market price in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) December 31, 2021 Financial Instruments – Assets Net Loans $ 587,009 $ 580,024 $ - $ 577,357 $ 2,667 Financial Instruments – Liabilities Time Deposits 196,285 198,353 - 198,353 - Borrowed Funds 16,496 15,649 - 15,649 - December 31, 2020 Financial Instruments – Assets Net Loans $ 568,375 $ 564,664 $ - $ 560,634 $ 4,030 Financial Instruments – Liabilities Time Deposits 234,449 237,768 - 237,768 - Borrowed Funds 21,496 16,788 - 16,788 - Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument. Because no market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions can significantly affect the estimates. Estimated fair values have been determined by the Company using historical data, as generally provided in the Company’s regulatory reports, and an estimation methodology suitable for each category of financial instruments. The Company’s fair value estimates, methods and assumptions are set forth below for the Company’s other financial instruments. The carrying value of cash and due from banks, federal funds sold, interest-bearing deposits, deposits with no stated maturities and accrued interest approximates fair value and is excluded from the table above. The methods utilized to measure the fair value of financial instruments represent an approximation of exit price; however, an actual exit price may differ.

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	12 Months Ended
	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
REVENUE FROM CONTRACTS WITH CUSTOMERS	NOTE 23 REVENUE FROM CONTRACTS WITH CUSTOMERS All of our revenue from contracts with customers as defined in ASC 606 is recognized within Noninterest Income. The following table presents Noninterest Income by revenue stream for the years ended December 31, 2021 and 2020. Schedule of revenue from contracts with customers (Dollars are in thousands) 2021 2020 Service charges and fees $ 3,724 $ 3,217 Card processing and interchange income 3,871 3,314 Insurance and investment fees 1,029 716 Gains on sales of available-for-sale securities (1) 322 4 Other noninterest income 1,034 896 Total Noninterest Income $ 9,980 $ 8,147 (1) – Not within the scope of ASU 2014-9 Certain revenues are earned from contracts with customers. These revenues are recognized when the promised services are rendered to the customer and reflects the entitled consideration received in exchange for those services. Service charges and fees Card processing and interchange fees Insurance and investment fees

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 25 SUBSEQUENT EVENTS Subsequent events are events or transactions that occur after the balance sheet date but before financial statements are issued. Recognized subsequent events are events or transactions that provide additional evidence about conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing financial statements. Non-recognized subsequent events are events that provide evidence about conditions that did not exist at the date of the balance sheet but arose after that date. Management has reviewed events occurring through the date the financial statements were available to be issued and has identified the following as a non-recognized subsequent event. On February 28, 2022, the board of directors declared a dividend of $0.05 per share payable on March 31, 2022 to shareholders of record as of March 15, 2022. At this time, we cannot state how the continuing economic uncertainty related to the pandemic and current geopolitical conditions will affect the financial position, operations or liquidity of the Company.

RECENT ACCOUNTING DEVELOPMENTS

RECENT ACCOUNTING DEVELOPMENTS	12 Months Ended
	Dec. 31, 2021
Accounting Changes and Error Corrections [Abstract]
RECENT ACCOUNTING DEVELOPMENTS	NOTE 26 RECENT ACCOUNTING DEVELOPMENTS The following is a summary of recent authoritative announcements: In June 2016, per ASU No. 2016-13, ‘Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments,’ the Financial Accounting Standards Board (the FASB) issued guidance to change the accounting for credit losses and modify the impairment model for certain debt securities. Subsequently, per ASU No. 2019-10, implementation for the Company is delayed until reporting periods beginning after December 15, 2022. Early adoption is permitted for all organizations for periods beginning after December 15, 2018. The Company is currently evaluating the effect that implementation of the new standard will have on its financial position, results of operations, and cash flows. In May 2019, the FASB issued targeted transition relief for entities which irrevocably elect the fair value option for certain financial assets previously measured at amortized cost basis. For those entities, the amendments to the transition guidance for ASU 2016-13 will increase comparability of financial statement information by providing an option to align measurement methodologies for similar financial assets. Subsequently, per ASU No. 2019-10, implementation for the Company is delayed until reporting periods beginning after December 15, 2021. The Company is currently in the process of evaluating the impact of adoption of this guidance on its financial statements. In November 2019, the FASB released ASU 2019-10, ‘Financial Instruments – Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842),’ in which the FASB shared a new philosophy to extend and simplify how effective dates for certain major Updates would be staggered between larger public companies (bucket one) and all other entities (bucket two). A major Update would first be effective for bucket-one entities. For bucket-two entities, including the Company, it is anticipated that the FASB will consider requiring an effective date staggered at least two years after bucket one for major Updates. Generally, it is expected that early application would continue to be allowed for all entities. The Company is considered a bucket-two entity due to its eligibility to be a smaller reporting company, per the Securities and Exchange Commission (the SEC). This Update applies to ASU 2016-13, as discussed above, ASU 2017-12, which does not apply to the Company, and ASU 2016-02, which the Company has already early-adopted. In December 2019, the FASB released ASU 2019-12, ‘Income Taxes (Topic 740),’ which simplify the accounting for income taxes by removing certain exceptions to the general principles in Topic 740, improve consistent application, and simplify GAAP for other areas of Topic 740. The amendments in this Update are effective for the Company for fiscal years beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022. The Company does not expect these amendments to have a material effect on its financial statements. In January 2020, the FASB released ASU 2020-01, ‘Investments – Equity Securities (Topic 321), Investments – Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815),’ which clarify certain interactions between the guidance to account for certain equity securities under Topic 321, 323 and 815, and improve current GAAP by reducing diversity in practice and increasing comparability of accounting. The amendments in this Update are effective for the Company for fiscal years beginning after December 31, 2021, and interim periods within those fiscal years. Early adoption is permitted. The Company does not expect these amendments to have a material effect on its financial statements. In March 2020, the FASB released ASU 2020-03, ‘Codification Improvements to Financial Instruments,’ as part of its ongoing project for improving the Codification or correcting its unintended application. This Update is being issued to increase stakeholder awareness of these amendments. These amendments affect Fair Value Option Disclosures, Applicability of Portfolio Exception in Topic 820 to Nonfinancial Items, Disclosures for Depository and Lending Institutions, Cross-Reference to Line-of-Credit or Revolving-Debt Arrangements Guidance in Subtopic 470-50, Cross-Reference to Net Asset Value Practical Expedient in Subtopic 820-10, Interaction of Topic 842 and Topic 326, and Interaction of Topic 326 and Subtopic 860-20. The amendments in this update are effective immediately. The implementation of these amendments did not have a material effect on its financial statements. In March 2020, the FASB released ASU 2020-04, ‘Reference Rate Reform (Topic 848), Facilitation of the Effects of Reference Rate Reform on Financial Reporting,’ which provides optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform. The amendments in this Update are elective and apply to all entities, subject to meeting certain criteria, that have contracts, hedging relationships, and other transactions that reference the London Interbank Offering Rate (LIBOR) or another reference rate expected to be discontinued because of reference rate reform. The amendments in the Update are effective for the Company as of March 12, 2020 through December 31, 2022. The Company is working through implementation of this guidance, but does not expect this amendment to have a material impact on its financial statements. In August 2020, the FASB released ASU 2020-06, ‘Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity,’ which reduces the number of accounting models for convertible debt instruments and convertible preferred stock. The Board concluded that eliminating certain accounting models simplifies the accounting for convertible instruments, reduces complexity for preparers and practitioners, and improves the decision usefulness and relevance of the information provided to financial statement users. The amendments in this Update are effective for the Company for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. The implementation of these amendments did not have a material effect on its financial statements. In January 2021, the FASB released ASU 2021-01, ‘Reference Rate Reform (Topic 848),’ which clarifies that certain optional expedients and exceptions in topic 848 for contract modifications and hedge accounting apply to derivatives that are affected by the discounting transition related to reference rate reform. The amendments in this Update are effective immediately for all entities. An entity may elect to apply the amendments in the Update on a full retrospective basis as of any date from the beginning of an interim period that includes or is subsequent to March 12, 2020, or on a prospective basis to new modifications from any date within an interim period that includes or is subsequent to the date of the issuance of a final Update, up to the date that financial statements are available to be issued. The Company does not expect this amendment to have a material effect on its financial statements. In July 2021, the FASB released ASU 2021-05, ‘Lessors – Certain Leases with Variable Lease Payments (Topic 842),’ which amends the lease classification requirements for lessors to align them with practice under Topic 840. The amendments in this Update amend Topic 842 and are effective for the Company for fiscal years beginning after December 15, 2021, and for interim periods within fiscal years beginning after December 13, 2022. The Company may elect either (1) to retrospectively apply the amendments to leases that commenced or were modified on or after the adoption of Update 2016-02 or (2) prospectively to leases that commence or are modified on or after the date that the Company first applies the amendments. The Company does not expect this amendment to have a material effect on its financial statements. In August 2021, the FASB released ASU 2021-06, ‘Presentation of Financial Statements (Topic 205), Financial Services – Depository and Lending (Topic 942), and Financial Services – Investment Companies (Topic 946),’ which amends certain SEC paragraphs pursuant to SEC final rule releases No. 33-10786, Amendments to Financial Disclosures about Acquired and Disposed Businesses Update of Statistical Disclosures for Bank and Savings and Loan Registrants Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a material impact on the Company’s financial position, results of operations or cash flows.

PARENT CORPORATION ONLY FINANCI

PARENT CORPORATION ONLY FINANCIAL STATEMENTS	12 Months Ended
	Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract]
PARENT CORPORATION ONLY FINANCIAL STATEMENTS	NOTE 27 PARENT CORPORATION ONLY FINANCIAL STATEMENTS CONDENSED BALANCE SHEETS AS OF DECEMBER 31, 2021 AND 2020 (Dollars in Thousands) Schedule of parent corporation only condensed balance sheets 2021 2020 ASSETS Due from banks $ 187 $ 215 Investment in subsidiaries 78,460 72,990 Other assets 1,645 1,669 Total Assets $ 80,292 $ 74,874 LIABILITIES Accrued interest payable $ 104 $ 109 Accrued expenses and other liabilities 61 92 Trust preferred securities 16,496 16,496 Total Liabilities 16,661 16,697 STOCKHOLDERS’ EQUITY Common stock - $2.00 par value, 50,000,000 shares authorized; 23,922,086 shares issued and outstanding at both December 31, 2021 and 2020 47,844 47,844 Additional paid capital 14,570 14,570 Retained earnings (deficit) 2,031 (4,979 ) Accumulated other comprehensive (loss) income (814 ) 742 Total Stockholders’ Equity 63,631 58,177 Total Liabilities and Stockholders’ Equity $ 80,292 $ 74,874 CONDENSED STATEMENTS OF INCOME FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020 (Dollars in thousands) Schedule of parent corporation only condensed statements of income 2021 2020 Income Miscellaneous income $ 13 $ 16 Dividends from subsidiaries 430 610 Undistributed income of subsidiaries 7,026 2,842 Total income 7,469 3,468 Expenses Trust preferred securities interest expense 420 541 Professional fees 99 114 Other operating expenses 58 19 Total Expenses 577 674 Income before Income Taxes 6,892 2,794 Income Tax Benefit (118 ) (96 ) Net Income $ 7,010 $ 2,890 CONDENSED STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020 (Dollars in thousands) Schedule of parent corporation only condensed statements of cash flows 2021 2020 Cash Flows From Operating Activities Net income $ 7,010 $ 2,890 Adjustments to reconcile net income to net cash used in operating activities: Equity in undistributed earnings of subsidiaries (6,580 ) (2,842 ) Net (increase) decrease in other assets (422 ) 67 Net decrease in other liabilities (36 ) (109 ) Net cash (used in) provided by operating activities (28 ) 6 Net (decrease) increase in Cash and Cash Equivalents (28 ) 6 Cash and Cash Equivalents, Beginning of year 215 209 Cash and Cash Equivalents, End of Year $ 187 $ 215 Supplemental Disclosure of Cash Paid During the Year for: Interest $ 425 $ 614 Taxes $ — $ (166 )

SELECTED QUARTERLY INFORMATION

SELECTED QUARTERLY INFORMATION (UNAUDITED)	12 Months Ended
	Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract]
SELECTED QUARTERLY INFORMATION (UNAUDITED)	NOTE 28 SELECTED QUARTERLY INFORMATION (UNAUDITED) Schedule of selected quarterly information 2021 QUARTERS (Dollars in thousands except per share data) Fourth Third Second First Income statement Net interest income $ 6,729 7,418 6,651 $ 6,413 Provision for loan losses — — 186 186 Noninterest income 2,503 2,970 2,378 2,129 Noninterest expense 6,727 8,067 6,724 6,349 Net income 1,917 1,845 1,663 1,585 Earnings per share, basic and diluted * 0.08 0.08 0.07 0.07 Period end balance sheet Total loans receivable $ 593,744 574,053 591,914 $ 594,454 Total assets 794,647 800,849 797,588 810,266 Total deposits 707,513 713,489 711,367 720,954 Total stockholders’ equity 63,631 62,518 60,964 59,347 2020 QUARTERS (Dollars in thousands except per share data) Fourth Third Second First Income statement Net interest income $ 6,447 6,414 $ 6,140 $ 6,142 Noninterest income 300 450 550 1,000 Provision for loan losses 2,234 2,116 1,628 2,165 Noninterest expense 6,272 6,282 7,192 7,251 Net income (loss) 1,391 1,424 29 46 Earnings (loss) per share, basic and diluted 0.06 0.06 0.00 0.00 Period end balance sheet Total loans receivable $ 575,566 585,122 $ 587,566 $ 560,468 Total assets 756,302 749,125 754,651 715,144 Total deposits 668,012 661,672 668,404 629,525 Total stockholders’ equity 58,177 56,919 55,473 55,251 * - For 2021, quarterly income per share does not total year-to-date income per share due to rounding.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates
Cash and Cash Equivalents	Cash and Cash Equivalents
Investment Securities	Investment Securities The amortization of premiums and accretion of discounts are recognized in interest income using the effective interest method over the period to maturity for discounts and the earlier of call date or maturity for premiums. Realized gains and losses on dispositions are based on the net proceeds and the adjusted book value of the securities sold, using the specific identification method. Realized gains (losses) on securities available-for-sale are included in noninterest income and, when applicable, are reported as a reclassification adjustment, net of tax, in other comprehensive income. Unrealized gains and losses on investment securities available for sale are based on the difference between book value and fair value of each security. These gains and losses are credited or charged to other comprehensive income, net of tax, whereas realized gains and losses flow through the statements of income.
Loans held for sale	Loans held for sale
Loans	Loans It is the Company’s policy to stop accruing interest on a loan, and classify that loan as non-accrual under the following circumstances: (a) whenever we are advised by the borrower that scheduled payment or interest payments cannot be met, (b) when our best judgment indicates that payment in full of principal and interest can no longer be expected, or (c) when any such loan or obligation becomes delinquent for 90 days unless it is both well secured and in the process of collection. All interest accrued but not collected for loans that are placed on nonaccrual or charged off is reversed against interest income, except in the case of a nonaccrual loan that is well secured and in the process of collection, in which case, the interest accrued but not collected is not reversed. The interest on these loans is accounted for on the cash basis or cost-recovery method, until qualifying for return to accrual status. Generally, loans are returned to accrual status when all the principal and interest amounts contractually due are brought current, six consecutive timely payments are made, and prospects for future contractual payments are reasonably assured. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis for commercial and construction loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent.
Significant Group Concentrations of Credit Risk	Significant Group Concentrations of Credit Risk 15.9
Allowance for Loan Losses	Allowance for Loan Losses The allowance is increased by a provision for loan losses, which is charged to expense and reduced by charge-offs, net of recoveries. Loans are charged against the allowance for loan losses when management believes that collectability of all or part of the principal is unlikely. Past due status is determined based on contractual terms. In regard to our consumer and consumer real estate loan portfolio, the Company uses the guidance found in the Uniform Retail Credit Classification and Account Management Policy which affects our estimate of the allowance for loan losses. Under this approach, a consumer or consumer real estate loan must initially have a credit risk grade of Pass or better. Subsequently, if the loan becomes contractually 90 days past due or the borrower files for bankruptcy protection, the loan is downgraded to Substandard and placed in nonaccrual status. If the loan is unsecured, upon being deemed Substandard, the entire loan amount is charged off. For non-1-4 family residential loans that are 90 days past due or greater, or in bankruptcy, the collateral value less estimated liquidation costs is compared to the loan balance to calculate any potential deficiency. If the collateral is sufficient then no charge-off is necessary. If a deficiency exists, then upon the loan becoming contractually 120 days past due, the deficiency is charged-off against the allowance for loan loss. In the case of 1-4 family residential or home equity loans, upon the loan becoming 120 days past due, a current value is obtained and after application of an estimated liquidation discount, a comparison is made to the loan balance to calculate any deficiency. Subsequently, any noted deficiency is then charged-off against the allowance for loan loss when the loan becomes contractually 180 days past due. If the customer has filed bankruptcy, then within 60 days of the bankruptcy notice, any calculated deficiency is charged-off against the allowance for loan loss. Collection efforts continue by means of repossessions or foreclosures, and upon bank ownership, liquidation ensues.
Bank Premises and Equipment	Bank Premises and Equipment Schedule of estimated useful lives Type Estimated useful life Buildings 39 Paving and landscaping 15 Computer equipment and software 3 5 Vehicles 5 Furniture and other equipment 5 10 Leasehold improvements are amortized over the terms of the respective leases or the estimated useful lives of the improvements, whichever is shorter. Repairs and maintenance costs are recorded as a component of noninterest expense as incurred.
Other Real Estate Owned	Other Real Estate Owned
Leases	Leases
Income Taxes	Income Taxes The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such positions are then measured based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement. See Note 10, Income Taxes, for additional information. The Company records any penalties and interest attributed to uncertain tax positions as a component of income tax expenses.
Income Per Share	Income Per Share
Financial Instruments – Off-balance-sheet instruments	Financial Instruments – Off-balance-sheet instruments
Financial Instruments – Fair Value	Financial Instruments – Fair Value
Comprehensive Income	Comprehensive Income
Revenue from Contracts with Customers	Revenue from Contracts with Customers
Advertising Cost	Advertising Cost
Reclassification	Reclassification
Subsequent Events	Subsequent Events

INCOME PER SHARE (Tables)

INCOME PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2021
Income Per Share
Schedule of basic and diluted net loss per common share calculations	Schedule of basic and diluted net loss per common share calculations (Amounts in thousands, except For the year ended share and per share data) December 31, 2021 2020 Net income $ 7,010 $ 2,890 Weighted average shares outstanding 23,922,086 23,922,086 Weighted average dilutive shares outstanding 23,992,086 23,992,086 Basic and diluted income per share $ 0.29 $ 0.12

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2021
Investment securities activity:
Schedule of securities amortized cost and estimated fair value	Schedule of securities amortized cost and estimated fair value Gross Gross Approximate Amortized Unrealized Unrealized Fair (Dollars are in thousands) Cost Gains Losses Value December 31, 2021 U.S. Treasuries 7,791 $ 2 $ 122 $ 7,671 U.S. Government Agencies 9,098 77 86 9,089 Taxable municipals 23,075 159 254 22,980 Corporate bonds 2,014 23 18 2,019 Mortgage backed securities 66,410 143 954 65,599 Total Securities available for sale 108,388 $ 404 $ 1,434 $ 107,358 December 31, 2020 U.S. Government Agencies 13,852 $ 322 $ 67 $ 14,107 Taxable municipals 5,157 188 — 5,345 Corporate bonds 5,893 186 31 6,048 Mortgage backed securities 22,565 388 47 22,906 Total Securities available for sale 47,467 $ 1,084 $ 145 $ 48,406
Schedule of fair value and gross unrealized losses on investment securities	Schedule of fair value and gross unrealized losses on investment securities Less than 12 Months 12 Months or More Total (Dollars are in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses December 31, 2021 U.S. Treasuries $ 6,200 $ 122 $ — $ — $ 6,200 $ 122 U.S. Government Agencies 977 10 3,434 76 4,411 86 Taxable municipals 13,040 237 387 17 13,427 254 Corporate bonds 1,482 18 — — 1,482 18 Mtg. backed securities 52,180 758 6,282 196 58,462 954 Total Securities AFS $ 73,879 $ 1,145 $ 10,103 $ 289 $ 83,982 $ 1,434 December 31, 2020 U.S. Government Agencies $ 1,479 $ 12 $ 3,829 $ 55 $ 5,308 $ 67 Taxable municipals — — — — — — Corporate bonds 1,219 31 — — 1,219 31 Mtg. backed securities 7,517 44 218 3 7,735 47 Total Securities AFS $ 10,215 $ 87 $ 4,047 $ 58 $ 14,262 $ 145
Schedule of amortized cost and fair value of investment securities contractual maturity	Schedule of amortized cost and fair value of investment securities contractual maturity Weighted (Dollars are in thousands) Amortized Fair Average Securities Available for Sale Cost Value Yield Due in one year or less $ 1,051 $ 1,060 2.56 Due after one year through five years 7,858 7,804 1.41 Due after five years through ten years 12,819 12,747 1.54 Due after ten years 86,660 85,747 1.61 Total $ 108,388 $ 107,358 1.59

LOANS (Tables)

LOANS (Tables)	12 Months Ended
	Dec. 31, 2021
Receivables [Abstract]
Summary of loans receivable on nonaccrual status	Summary of loans receivable on nonaccrual status (Dollars are in thousands) 2021 2020 Real estate secured: Commercial $ 415 $ 2,225 Construction and land development 37 57 Residential 1-4 family 2,314 2,700 Multi-family 111 — Farmland 48 101 Total real estate loans 2,925 5,083 Commercial 9 453 Consumer installment and other loans 7 12 Total loans receivable on nonaccrual status $ 2,941 $ 5,548
Summary of impaired loans	Summary of impaired loans As of December 31, 2021 (Dollars are in thousands) Average Recorded Investment Interest Income Recognized Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Real estate secured: Commercial $ 245 $ — $ 99 $ 140 $ — Construction and land development 64 18 24 298 — Residential 1-4 family 1,720 24 1,508 1,791 — Multifamily — — — — — Farmland 438 14 320 490 — Commercial — — — — — Agriculture — — — — — Consumer installment loans 3 — 2 2 — All other loans — — — — — With an allowance recorded: Real estate secured: Commercial 871 3 315 372 94 Construction and land development — — — — — Residential 1-4 family 338 6 340 372 53 Multifamily — — — — — Farmland 121 4 197 209 17 Commercial 109 1 28 35 2 Agriculture — — — — — Consumer installment loans — — — — — All other loans — — — — — Total $ 3,909 $ 70 $ 2,833 $ 3,709 $ 166 As of December 31, 2020 (Dollars are in thousands) Average Recorded Investment Interest Income Recognized Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Real estate secured: Commercial $ 1,680 $ 16 $ 385 $ 386 $ — Construction and land development 89 18 99 376 — Residential 1-4 family 1,788 53 1,662 1,898 — Multifamily — — — — — Farmland 550 59 391 560 — Commercial 59 — — — — Agriculture — — — — — Consumer installment loans 4 — 5 6 — All other loans — — — — — With an allowance recorded: Real estate secured: Commercial 707 — 1,566 1,678 574 Construction and land development — — — — — Residential 1-4 family 150 3 337 365 72 Multifamily — — — — — Farmland 212 9 208 220 2 Commercial 214 12 429 437 404 Agriculture — — — — — Consumer installment loans — — — — — All other loans — — — — — Total $ 5,453 $ 170 $ 5,082 $ 5,926 $ 1,052
Summary of risk category of loans receivable	Summary of risk category of loans receivable As of December 31, 2021 (Dollars are in thousands) Pass Special Mention Substandard Doubtful Total Real estate secured: Commercial $ 198,022 $ 7,725 $ 415 $ — $ 206,162 Construction and land development 31,366 922 37 — 32,325 Residential 1-4 family 221,342 915 2,273 — 224,530 Multifamily 32,499 438 111 — 33,048 Farmland 18,137 550 48 — 18,735 Total real estate loans 501,366 10,550 2,884 — 514,800 Commercial 53,162 1,154 9 — 54,325 Agriculture 4,021 — — — 4,021 Consumer installment loans 18,746 2 8 — 18,756 All other loans 1,842 — — — 1,842 Total $ 579,137 $ 11,706 $ 2,901 $ — $ 593,744 As of December 31, 2020 (Dollars are in thousands) Pass Special Mention Substandard Doubtful Total Real estate secured: Commercial $ 171,212 $ 6,112 $ 2,057 $ — $ 179,381 Construction and land development 23,168 1,806 57 — 25,031 Residential 1-4 family 218,947 1,304 2,729 — 222,980 Multifamily 16,337 232 — — 16,569 Farmland 17,019 1,249 100 — 18,368 Total real estate loans 446,683 10,703 4,943 — 462,329 Commercial 81,846 3,711 453 — 86,010 Agriculture 4,255 195 — — 4,450 Consumer installment loans 20,615 5 12 — 20,632 All other loans 2,145 — — — 2,145 Total $ 555,544 $ 14,614 $ 5,408 $ — $ 575,566

TROUBLED DEBT RESTRUCTURINGS (T

TROUBLED DEBT RESTRUCTURINGS (Tables)	12 Months Ended
	Dec. 31, 2021
Troubled Debt Restructurings
Schedule of loans modified as troubled debt restructurings	Schedule of loans modified as troubled debt restructurings December 31, 2021 December 31, 2020 (Dollars are in thousands) # of Loans Pre-Mod. Recorded Investment Post-Mod. Recorded Investment # of Loans Pre-Mod. Recorded Investment Post-Mod. Recorded Investment Real estate secured: Commercial — $ — $ — 3 $ 190 $ 190 Construction and land Development — — — — — — Residential 1-4 family 1 35 35 27 1,236 1,236 Multifamily — — — — — — Farmland — — — — — — Total real estate loans — — — 30 1,426 1,426 Commercial — — — — — — Agriculture — — — — — — Consumer installment loans — — — 2 7 7 All other loans — — — — — — Total 1 $ 35 $ 35 32 $ 1,433 $ 1,433

BANK PREMISES AND EQUIPMENT (Ta

BANK PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Schedule of bank premises and equipment	Schedule of bank premises and equipment (Dollars are in thousands) 2021 2020 Land $ 7,424 $ 7,796 Buildings and improvements 16,252 16,227 Furniture and equipment 14,139 16,253 Construction in progress — 1,025 37,815 43,008 Less accumulated depreciation (17,080 ) (18,726 ) Bank Premises and Equipment $ 20,735 $ 22,174

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Schedule of pre-tax book income	Schedule of pre-tax book income (Dollars are in thousands) 2021 2020 Pre-tax book income Domestic $ 8,952 $ 3,993 Total pre-tax book income $ 8,952 $ 3,993
Schedule of components of income tax expense	Schedule of components of income tax expense (Dollars are in thousands) 2021 2020 Current income tax expense (benefit) Federal $ (172 ) $ (200 ) State — — Total current income tax expense (benefit) (172 ) (200 ) Deferred income tax expense Federal 2,067 1,304 State 47 (1 ) Total deferred income tax expense 2,114 1,303 Income tax expense $ 1,942 $ 1,103
Schedule of reconciliation of income tax expense	Schedule of reconciliation of income tax expense (Dollars are in thousands) 2021 2020 Income tax expense (benefit) at the applicable federal rate $ 1,879 $ 839 Permanent differences resulting from: Nondeductible expenses 7 8 Tax exempt interest income (4 ) (7 ) Bank owned life insurance (7 ) (16 ) Other adjustments 67 279 Income tax expense $ 1,942 $ 1,103
Schedule of net deferred tax assets and liabilities	Schedule of net deferred tax assets and liabilities (Dollars are in thousands) 2021 2020 Deferred Tax Assets Allowance for loan losses $ 1,500 $ 1,568 Deferred compensation 85 92 Nonaccrual loan interest 532 490 Unrealized loss on securities available for sale 216 — Other real estate owned 305 83 Amortization of core deposits 6 18 Amortization of goodwill 31 90 Capitalized interest and repair expense 23 23 Net operating loss carryforward 460 2,172 Other 98 33 Total Assets, gross 3,256 4,569 Valuation allowance — — Total Assets, net 3,256 4,569 Deferred Tax Liabilities Accelerated depreciation 1,105 869 Unrealized gain on securities available for sale — 197 Prepaid expenses 27 22 Deferred loan costs 451 355 Total Liabilities, gross 1,583 1,443 Net Deferred Tax Asset $ 1,673 $ 3,126

OTHER REAL ESTATE OWNED (Tables

OTHER REAL ESTATE OWNED (Tables)	12 Months Ended
	Dec. 31, 2021
Real Estate [Abstract]
Schedule of other real estate owned	Schedule of other real estate owned 2021 2020 (Dollars are in thousands) Balance, beginning of year $ 3,334 $ 3,393 Additions 566 1,128 Transfers from premises and equipment 950 — Proceeds from sales (2,645 ) (687 ) Proceeds from insurance claims (54 ) — Loans made to finance sales (400 ) (428 ) Adjustment of carrying value (466 ) (132 ) Gains (losses) from sales 76 60 Balance, end of year $ 1,361 $ 3,334

LEASING ACTIVITIES (Tables)

LEASING ACTIVITIES (Tables)	12 Months Ended
	Dec. 31, 2021
Leases [Abstract]
Schedule of future minimum rental commitments under the non-cancellable operating leases	Schedule of future minimum rental commitments under the non-cancellable operating leases 2022 $ 441 2023 455 2024 455 2025 455 2026 455 Thereafter 2,698 Total lease payments 4,959 Less imputed interest 897 Total $ 4,062

FINANCIAL INSTRUMENTS WITH OF_2

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Tables)	12 Months Ended
	Dec. 31, 2021
Investments, All Other Investments [Abstract]
Schedule of financial instruments with credit risk	Schedule of financial instruments with credit risk 2021 2020 (Dollars in thousands) Commitments to extend credit $ 69,015 $ 57,334 Standby letters of credit 3,684 2,031

CAPITAL (Tables)

CAPITAL (Tables)	12 Months Ended
	Dec. 31, 2021
Schedule of capital requirements	Schedule of capital requirements Actual Minimum Capital Requirement Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions (Dollars are in thousands) Amount Ratio Amount Ratio Amount Ratio December 31, 2021: Total Capital to Risk Weighted Assets $ 85,890 16.23 $ 42,332 8.0 $ 52,915 10.0 Tier 1 Capital to Risk Weighted Assets 79,274 14.98 31,749 6.0 42,332 8.0 Tier 1 Capital to Average Assets 79,274 9.86 32,145 4.0 40,181 5.0 Common Equity Tier 1 Capital to Risk Weighted Assets 79,274 14.98 23,812 4.5 34,395 6.5 December 31, 2020: Total Capital to Risk Weighted Assets $ 77,133 16.41 $ 37,603 8.0 $ 47,028 10.0 Tier 1 Capital to Risk Weighted Assets 71,241 15.16 28,202 6.0 37,603 8.0 Tier 1 Capital to Average Assets 71,241 9.49 29,989 4.0 37,545 5.0 Common Equity Tier 1 Capital to Risk Weighted Assets 71,241 15.16 30,036 4.5 30,552 6.5

FAIR VALUES (Tables)

FAIR VALUES (Tables)	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Schedule of summary of assets and liabilities measured at fair value	Schedule of summary of assets and liabilities measured at fair value (Dollars are in thousands) Quoted market price in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) (On a recurring basis) Available for sale investments U.S. Treasuries $ - $ 7,671 $ U.S. Government Agencies - 9,089 - Taxable municipals - 22,980 - Corporate bonds - 2,019 - Mortgage backed securities - 65,599 - (On a non-recurring basis) Other real estate owned - - 1,361 Impaired loans: Real estate secured: Commercial - - 414 Construction and land development - - 24 Residential 1-4 family - - 1,848 Multifamily - - - Farmland - - 517 Commercial - - 28 Agriculture - - - Consumer installment loans - - 2 All other loans - - - Total $ - $ 107,358 $ 4,194 Assets and liabilities measured at fair value are as follows as of December 31, 2020 (for purpose of this table the impaired loans are shown net of the related allowance): (Dollars are in thousands) Quoted market price in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) (On a recurring basis) Available for sale investments U.S. Government Agencies $ - $ 14,107 $ - Taxable municipals - 5,345 - Corporate bonds - 6,048 - Mortgage backed securities - 22,906 - (On a non-recurring basis) Other real estate owned - - 3,334 Impaired loans: Real estate secured: Commercial - - 1,377 Construction and land development - - 99 Residential 1-4 family - - 1,927 Multifamily - - - Farmland - - 597 Commercial - - 25 Agriculture - - - Consumer installment loans - - 5 All other loans - - - Total $ - $ 48,406 $ 7,364
Schedule of significant unobservable inputs In level 3 assets	Schedule of significant unobservable inputs In level 3 assets (Dollars in thousands) Fair Value at December 31, 2021 Fair Value at December 31, 2020 Valuation Technique Significant Unobservable Inputs General Range of Significant Unobservable Input Values Impaired Loans $ 2,667 $ 4,030 Appraised Value/Discounted Cash Flows/Market Value of Note Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0 18 Other Real Estate Owned $ 1,361 $ 3,334 Appraised Value/Comparable Sales/Other Estimates from Independent Sources Discounts to reflect current market conditions and estimated costs to sell 0 18
Schedule of estimated fair value of financial instruments	Schedule of estimated fair value of financial instruments Fair Value Measurements (Dollars are in thousands) Carrying Amount Fair Value Quoted market price in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) December 31, 2021 Financial Instruments – Assets Net Loans $ 587,009 $ 580,024 $ - $ 577,357 $ 2,667 Financial Instruments – Liabilities Time Deposits 196,285 198,353 - 198,353 - Borrowed Funds 16,496 15,649 - 15,649 - December 31, 2020 Financial Instruments – Assets Net Loans $ 568,375 $ 564,664 $ - $ 560,634 $ 4,030 Financial Instruments – Liabilities Time Deposits 234,449 237,768 - 237,768 - Borrowed Funds 21,496 16,788 - 16,788 -

NONINTEREST EXPENSES (Tables)

NONINTEREST EXPENSES (Tables)	12 Months Ended
	Dec. 31, 2021
Noninterest Expenses
Schedule of noninterest expenses	Schedule of noninterest expenses (Dollars are in thousands) 2021 2020 Advertising, sponsorships and donations $ 252 $ 216 ATM network expense 1,473 1,476 Legal and professional fees 922 839 Consulting fees 269 504 Loan related expenses 599 353 Printing and supplies 133 141 FDIC insurance premiums 266 393 Other real estate owned expenses, net 506 307 Other operating expenses 2,556 2,507 Total $ 6,976 $ 6,736

PARENT CORPORATION ONLY FINAN_2

PARENT CORPORATION ONLY FINANCIAL STATEMENTS (Tables)	12 Months Ended
	Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract]
Schedule of parent corporation only condensed balance sheets	Schedule of parent corporation only condensed balance sheets 2021 2020 ASSETS Due from banks $ 187 $ 215 Investment in subsidiaries 78,460 72,990 Other assets 1,645 1,669 Total Assets $ 80,292 $ 74,874 LIABILITIES Accrued interest payable $ 104 $ 109 Accrued expenses and other liabilities 61 92 Trust preferred securities 16,496 16,496 Total Liabilities 16,661 16,697 STOCKHOLDERS’ EQUITY Common stock - $2.00 par value, 50,000,000 shares authorized; 23,922,086 shares issued and outstanding at both December 31, 2021 and 2020 47,844 47,844 Additional paid capital 14,570 14,570 Retained earnings (deficit) 2,031 (4,979 ) Accumulated other comprehensive (loss) income (814 ) 742 Total Stockholders’ Equity 63,631 58,177 Total Liabilities and Stockholders’ Equity $ 80,292 $ 74,874
Schedule of parent corporation only condensed statements of income	Schedule of parent corporation only condensed statements of income 2021 2020 Income Miscellaneous income $ 13 $ 16 Dividends from subsidiaries 430 610 Undistributed income of subsidiaries 7,026 2,842 Total income 7,469 3,468 Expenses Trust preferred securities interest expense 420 541 Professional fees 99 114 Other operating expenses 58 19 Total Expenses 577 674 Income before Income Taxes 6,892 2,794 Income Tax Benefit (118 ) (96 ) Net Income $ 7,010 $ 2,890
Schedule of parent corporation only condensed statements of cash flows	Schedule of parent corporation only condensed statements of cash flows 2021 2020 Cash Flows From Operating Activities Net income $ 7,010 $ 2,890 Adjustments to reconcile net income to net cash used in operating activities: Equity in undistributed earnings of subsidiaries (6,580 ) (2,842 ) Net (increase) decrease in other assets (422 ) 67 Net decrease in other liabilities (36 ) (109 ) Net cash (used in) provided by operating activities (28 ) 6 Net (decrease) increase in Cash and Cash Equivalents (28 ) 6 Cash and Cash Equivalents, Beginning of year 215 209 Cash and Cash Equivalents, End of Year $ 187 $ 215 Supplemental Disclosure of Cash Paid During the Year for: Interest $ 425 $ 614 Taxes $ — $ (166 )

SELECTED QUARTERLY INFORMATIO_2

SELECTED QUARTERLY INFORMATION (UNAUDITED) (Tables)	12 Months Ended
	Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract]
Schedule of selected quarterly information	Schedule of selected quarterly information 2021 QUARTERS (Dollars in thousands except per share data) Fourth Third Second First Income statement Net interest income $ 6,729 7,418 6,651 $ 6,413 Provision for loan losses — — 186 186 Noninterest income 2,503 2,970 2,378 2,129 Noninterest expense 6,727 8,067 6,724 6,349 Net income 1,917 1,845 1,663 1,585 Earnings per share, basic and diluted * 0.08 0.08 0.07 0.07 Period end balance sheet Total loans receivable $ 593,744 574,053 591,914 $ 594,454 Total assets 794,647 800,849 797,588 810,266 Total deposits 707,513 713,489 711,367 720,954 Total stockholders’ equity 63,631 62,518 60,964 59,347 2020 QUARTERS (Dollars in thousands except per share data) Fourth Third Second First Income statement Net interest income $ 6,447 6,414 $ 6,140 $ 6,142 Noninterest income 300 450 550 1,000 Provision for loan losses 2,234 2,116 1,628 2,165 Noninterest expense 6,272 6,282 7,192 7,251 Net income (loss) 1,391 1,424 29 46 Earnings (loss) per share, basic and diluted 0.06 0.06 0.00 0.00 Period end balance sheet Total loans receivable $ 575,566 585,122 $ 587,566 $ 560,468 Total assets 756,302 749,125 754,651 715,144 Total deposits 668,012 661,672 668,404 629,525 Total stockholders’ equity 58,177 56,919 55,473 55,251 * - For 2021, quarterly income per share does not total year-to-date income per share due to rounding.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	12 Months Ended
	Dec. 31, 2021
Building [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	39 years
Land Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	15 years
Computer Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Computer Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	10 years

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) $ in Thousands	Dec. 31, 2021USD ($)
Accounting Policies [Abstract]
Affiliated Current	$ 15,900

INCOME PER SHARE (Details)

INCOME PER SHARE (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Income Per Share
Net income	$ 1,917	$ 1,845	$ 1,663	$ 1,585	$ 1,391	$ 1,424	$ 29	$ 46	$ 7,010	$ 2,890
Weighted average shares outstanding									23,922,086	23,922,086
Weighted average dilutive shares outstanding									23,992,086	23,992,086

DEPOSITS IN AND FEDERAL FUNDS S

DEPOSITS IN AND FEDERAL FUNDS SOLD TO BANKS (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Deposits In And Federal Funds Sold To Banks
Unsecured lines of credit	$ 30,000	$ 20,000

INVESTMENT SECURITIES (Details)

INVESTMENT SECURITIES (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Marketable Securities [Line Items]
Amortized Cost	$ 108,388,000	$ 47,467,000
Gross Unrealized Gains	404,000	1,084,000
Gross Unrealized Losses	1,434,000	145,000
Approximate Fair Value	107,358,000	48,406,000
US Treasury Securities [Member]
Marketable Securities [Line Items]
Amortized Cost	7,791,000
Gross Unrealized Gains	2,000
Gross Unrealized Losses	122,000
Approximate Fair Value	7,671,000
US Government Agencies Debt Securities [Member]
Marketable Securities [Line Items]
Amortized Cost	9,098,000	13,852,000
Gross Unrealized Gains	77,000	322,000
Gross Unrealized Losses	86,000	67,000
Approximate Fair Value	9,089,000	14,107,000
Taxable Municipal Notes [Member]
Marketable Securities [Line Items]
Amortized Cost	23,075,000	5,157,000
Gross Unrealized Gains	159,000	188,000
Gross Unrealized Losses	254,000
Approximate Fair Value	22,980,000	5,345,000
Corporate Debt Securities [Member]
Marketable Securities [Line Items]
Amortized Cost	2,014,000	5,893,000
Gross Unrealized Gains	23,000	186,000
Gross Unrealized Losses	18,000	31,000
Approximate Fair Value	2,019,000	6,048,000
Collateralized Mortgage Backed Securities [Member]
Marketable Securities [Line Items]
Amortized Cost	66,410,000	22,565,000
Gross Unrealized Gains	143,000	388,000
Gross Unrealized Losses	954,000	47,000
Approximate Fair Value	$ 65,599,000	$ 22,906,000

INVESTMENT SECURITIES (Details

INVESTMENT SECURITIES (Details 1) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Marketable Securities [Line Items]
Fair Value, Less than 12 Months	$ 73,879,000	$ 10,215,000
Unrealized Losses, Less than 12 Months	1,145,000	87,000
Fair Value, 12 Months or More	10,103,000	4,047,000
Unrealized Losses, 12 Months or More	289,000	58,000
Fair Value, Total	83,982,000	14,262,000
Unrealized Losses, Total	1,434,000	145,000
US Treasury Securities [Member]
Marketable Securities [Line Items]
Fair Value, Less than 12 Months	6,200,000
Unrealized Losses, Less than 12 Months	122,000
Fair Value, 12 Months or More
Unrealized Losses, 12 Months or More
Fair Value, Total	6,200,000
Unrealized Losses, Total	122,000
US Government Agencies Debt Securities [Member]
Marketable Securities [Line Items]
Fair Value, Less than 12 Months	977,000	1,479,000
Unrealized Losses, Less than 12 Months	10,000	12,000
Fair Value, 12 Months or More	3,434,000	3,829,000
Unrealized Losses, 12 Months or More	76,000	55,000
Fair Value, Total	4,411,000	5,308,000
Unrealized Losses, Total	86,000	67,000
Taxable Municipal Notes [Member]
Marketable Securities [Line Items]
Fair Value, Less than 12 Months	13,040,000
Unrealized Losses, Less than 12 Months	237,000
Fair Value, 12 Months or More	387,000
Unrealized Losses, 12 Months or More	17,000
Fair Value, Total	13,427,000
Unrealized Losses, Total	254,000
Corporate Debt Securities [Member]
Marketable Securities [Line Items]
Fair Value, Less than 12 Months	1,482,000	1,219,000
Unrealized Losses, Less than 12 Months	18,000	31,000
Fair Value, 12 Months or More
Unrealized Losses, 12 Months or More
Fair Value, Total	1,482,000	1,219,000
Unrealized Losses, Total	18,000	31,000
Collateralized Mortgage Backed Securities [Member]
Marketable Securities [Line Items]
Fair Value, Less than 12 Months	52,180,000	7,517,000
Unrealized Losses, Less than 12 Months	758,000	44,000
Fair Value, 12 Months or More	6,282,000	218,000
Unrealized Losses, 12 Months or More	196,000	3,000
Fair Value, Total	58,462,000	7,735,000
Unrealized Losses, Total	$ 954,000	$ 47,000

INVESTMENT SECURITIES (Detail_2

INVESTMENT SECURITIES (Details 2) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Investment securities activity:
Due in one year or less, amortized Cost	$ 1,051
Due in one year or less, fair value	1,060
Due after one year through five years, amortized cost	7,858
Due after one year through five years, fair value	7,804
Due after five years through ten years, amortized cost	12,819
Due after five years through ten years, fair value	12,747
Due after ten years, amortized cost	86,660
Due after ten years, fair value	85,747
Amortized cost, total	108,388	$ 47,467
Approximate fair value	$ 107,358	$ 48,406

INVESTMENT SECURITIES (Detail_3

INVESTMENT SECURITIES (Details Narrative) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Investment securities activity:
Investment securities of carrying value	$ 12,100	$ 6,800
Securities were sold	$ 322,000	$ 4,000

LOANS (Details)

LOANS (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 593,744	$ 575,566
Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	514,800	462,329
Commercial Borrower [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	54,325	86,010
Commercial Borrower [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	206,162	179,381
Real Estate Investment [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	32,325	25,031
Residential Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	32,325	25,031
Residential Real Estate [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	224,530	222,980
Multifamily [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	33,048	16,569
Multifamily [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	33,048	16,569
Farmland [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	18,735	18,368
Farmland [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	18,735	18,368
Agriculture [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	4,021	4,450
Consumer Installment Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	18,756	20,632
Consumer Installment Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 1,842	$ 2,145

LOANS (Details 1)

LOANS (Details 1) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable on nonaccrual status	$ 2,941	$ 5,548
Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable on nonaccrual status	2,925	5,083
Commercial Borrower [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable on nonaccrual status	9	453
Commercial Borrower [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable on nonaccrual status	415	2,225
Real Estate Investment [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable on nonaccrual status	37	57
Residential Real Estate [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable on nonaccrual status	2,314	2,700
Multifamily [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable on nonaccrual status	111
Farmland [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable on nonaccrual status	48	101
Consumer Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable on nonaccrual status	$ 7	$ 12

LOANS (Details 2)

LOANS (Details 2) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	$ 2,833,000	$ 5,082,000
Unpaid Principal Balance	3,709,000	5,926,000
Related Allowance	166,000	1,052,000
Impaired Financing Receivables With No Related Allowance [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment
Unpaid Principal Balance
Related Allowance
Impaired Financing Receivables With No Related Allowance [Member] | Agriculture [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment
Unpaid Principal Balance
Related Allowance
Impaired Financing Receivables With No Related Allowance [Member] | Consumer Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	2,000	5,000
Unpaid Principal Balance	2,000	6,000
Related Allowance
Impaired Financing Receivables With No Related Allowance [Member] | All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment
Unpaid Principal Balance
Related Allowance
Impaired Financing Receivables With No Related Allowance [Member] | Consumer Installment Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment
Unpaid Principal Balance
Related Allowance
Impaired Financing Receivables With Related Allowance [Member] | Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	28,000	429,000
Unpaid Principal Balance	35,000	437,000
Related Allowance	2,000	404,000
Impaired Financing Receivables With Related Allowance [Member] | Agriculture [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment
Unpaid Principal Balance
Related Allowance
Impaired Financing Receivables With Related Allowance [Member] | Consumer Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment
Unpaid Principal Balance
Related Allowance
Impaired Financing Receivables With Related Allowance [Member] | All Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment
Unpaid Principal Balance
Related Allowance
Commercial Real Estate [Member] | Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	315,000
Commercial Real Estate [Member] | Real Estate [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	99,000	385,000
Unpaid Principal Balance	140,000	386,000
Related Allowance
Commercial Real Estate [Member] | Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment		1,566,000
Unpaid Principal Balance	372,000	1,678,000
Related Allowance	94,000	574,000
Real Estate Investment [Member] | Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment
Real Estate Investment [Member] | Real Estate [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	24,000	99,000
Unpaid Principal Balance	298,000	376,000
Related Allowance
Real Estate Investment [Member] | Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment
Unpaid Principal Balance
Related Allowance
Residential Real Estate [Member] | Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	340,000
Residential Real Estate [Member] | Real Estate [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	1,508,000	1,662,000
Unpaid Principal Balance	1,791,000	1,898,000
Related Allowance
Residential Real Estate [Member] | Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment		337,000
Unpaid Principal Balance	372,000	365,000
Related Allowance	53,000	72,000
Multifamily [Member] | Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment
Multifamily [Member] | Real Estate [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment
Unpaid Principal Balance
Related Allowance
Multifamily [Member] | Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment
Unpaid Principal Balance
Related Allowance
Farmland [Member] | Real Estate [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	320,000	391,000
Unpaid Principal Balance	490,000	560,000
Related Allowance
Farmland [Member] | Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	197,000	208,000
Unpaid Principal Balance	209,000	220,000
Related Allowance	$ 17,000	$ 2,000

LOANS (Details 3)

LOANS (Details 3) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 593,744	$ 575,566
Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	514,800	462,329
Commercial Borrower [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	54,325	86,010
Commercial Borrower [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	206,162	179,381
Real Estate Investment [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	32,325	25,031
Residential Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	32,325	25,031
Residential Real Estate [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	224,530	222,980
Multifamily [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	33,048	16,569
Multifamily [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	33,048	16,569
Farmland [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	18,735	18,368
Farmland [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	18,735	18,368
Agriculture [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	4,021	4,450
Consumer Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	18,756	20,632
Consumer Installment Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 1,842	$ 2,145

LOANS (Details 4)

LOANS (Details 4) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 593,744,000	$ 575,566,000
Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	514,800,000	462,329,000
Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	579,137,000	555,544,000
Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	11,706,000	14,614,000
Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	2,901,000	5,408,000
Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Real Estate [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	501,366,000	446,683,000
Real Estate [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	10,550,000	10,703,000
Real Estate [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	2,884,000	4,943,000
Real Estate [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Commercial Portfolio Segment [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	53,162,000	81,846,000
Commercial Portfolio Segment [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1,154,000	3,711,000
Commercial Portfolio Segment [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	9,000	453,000
Commercial Portfolio Segment [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Commercial Portfolio Segment [Member] | Real Estate [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	198,022,000	171,212,000
Commercial Portfolio Segment [Member] | Real Estate [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	7,725,000	6,112,000
Commercial Portfolio Segment [Member] | Real Estate [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	415,000	2,057,000
Commercial Portfolio Segment [Member] | Real Estate [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Commercial Borrower [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	54,325,000	86,010,000
Commercial Borrower [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	206,162,000	179,381,000
Real Estate Investment [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	32,325,000	25,031,000
Real Estate Investment [Member] | Real Estate [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	31,366,000	23,168,000
Real Estate Investment [Member] | Real Estate [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	922,000	1,806,000
Real Estate Investment [Member] | Real Estate [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	37,000	57,000
Real Estate Investment [Member] | Real Estate [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Residential Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	32,325,000	25,031,000
Residential Real Estate [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	224,530,000	222,980,000
Residential Real Estate [Member] | Real Estate [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	221,342,000	218,947,000
Residential Real Estate [Member] | Real Estate [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	915,000	1,304,000
Residential Real Estate [Member] | Real Estate [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	2,273,000	2,729,000
Residential Real Estate [Member] | Real Estate [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Multifamily [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	33,048,000	16,569,000
Multifamily [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	33,048,000	16,569,000
Multifamily [Member] | Real Estate [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	32,499,000	16,337,000
Multifamily [Member] | Real Estate [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	438,000	232,000
Multifamily [Member] | Real Estate [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	111,000
Multifamily [Member] | Real Estate [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Farmland [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	18,735,000	18,368,000
Farmland [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	18,735,000	18,368,000
Farmland [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		18,368,000
Farmland [Member] | Real Estate [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	18,137,000	17,019,000
Farmland [Member] | Real Estate [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	550,000	1,249,000
Farmland [Member] | Real Estate [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	48,000	100,000
Farmland [Member] | Real Estate [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Agriculture [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	4,021,000	4,450,000
Agriculture [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	4,021,000	4,255,000
Agriculture [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		195,000
Agriculture [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Agriculture [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Consumer Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	18,756,000	20,632,000
Consumer Loan [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	18,746,000	20,615,000
Consumer Loan [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	2,000	5,000
Consumer Loan [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	8,000	12,000
Consumer Loan [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Consumer Installment Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1,842,000	2,145,000
Consumer Installment Loans [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1,842,000	2,145,000
Consumer Installment Loans [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Consumer Installment Loans [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total
Consumer Installment Loans [Member] | Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total

ALLOWANCE FOR LOAN LOSSES (Deta

ALLOWANCE FOR LOAN LOSSES (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	$ 593,744	$ 575,566
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evluated for impairment	94	574
Individually evluated for impairment	414	1,951
Collectively evaluated for impairment	205,748	177,430
Loans receivable	206,162	179,381
Residential Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evluated for impairment
Individually evluated for impairment	24	99
Collectively evaluated for impairment	32,301	24,932
Loans receivable	32,325	25,031
Residential One Four Family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evluated for impairment	53	72
Individually evluated for impairment	1,848	1,999
Collectively evaluated for impairment	222,682	220,981
Loans receivable	224,530	222,980
Multifamily [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evluated for impairment
Individually evluated for impairment
Collectively evaluated for impairment	33,048	16,569
Loans receivable	33,048	16,569
Farmland [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evluated for impairment	17	2
Individually evluated for impairment	517	599
Collectively evaluated for impairment	18,218	17,769
Loans receivable	18,735	18,368
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evluated for impairment	2	404
Individually evluated for impairment	28	429
Collectively evaluated for impairment	54,297	85,581
Loans receivable	54,325	86,010
Agriculture [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evluated for impairment
Individually evluated for impairment
Collectively evaluated for impairment	4,021	4,450
Loans receivable	4,021	4,450
Consumer And All Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evluated for impairment
Individually evluated for impairment	2	5
Collectively evaluated for impairment	20,596	22,772
Loans receivable	20,598	22,777
Unallocated Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evluated for impairment
Individually evluated for impairment
Collectively evaluated for impairment
Loans receivable
Total [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evluated for impairment	166	1,052
Individually evluated for impairment	2,833	5,082
Collectively evaluated for impairment	590,911	570,484
Loans receivable	$ 593,744	$ 575,566

BANK PREMISES AND EQUIPMENT (De

BANK PREMISES AND EQUIPMENT (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Bank premises and equipment, gross, total	$ 37,815	$ 43,008
Less accumulated depreciation	(17,080)	(18,726)
Bank premises and equipment, net, total	20,735	22,174
Land [Member]
Property, Plant and Equipment [Line Items]
Bank premises and equipment, gross, total	7,424	7,796
Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Bank premises and equipment, gross, total	16,252	16,227
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Bank premises and equipment, gross, total	14,139	16,253
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Bank premises and equipment, gross, total		$ 1,025

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Operating Loss Carryforwards [Line Items]
Total pre-tax book income	$ 8,952	$ 3,993
Domestic Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Total pre-tax book income	$ 8,952	$ 3,993

INCOME TAXES (Details 1)

INCOME TAXES (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Operating Loss Carryforwards [Line Items]
Total current income tax expense (benefit)	$ (172,000)	$ (200,000)
Total deferred income tax expense	1,866,000	1,103,000
Income tax expense	1,942,000	1,103,000
Foreign Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Total current income tax expense (benefit)	(172,000)	(200,000)
Total deferred income tax expense	2,067,000	1,304,000
State and Local Jurisdiction [Member]
Operating Loss Carryforwards [Line Items]
Total current income tax expense (benefit)
Total deferred income tax expense	$ 47,000	$ (1,000)

INCOME TAXES (Details 2)

INCOME TAXES (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income tax expense (benefit) at the applicable federal rate	$ 1,879	$ 839
Permanent differences resulting from:
Nondeductible expenses	7	8
Tax exempt interest income	4	7
Other adjustments	67	279
Income tax expense	$ 1,942	$ 1,103

INCOME TAXES (Details 3)

INCOME TAXES (Details 3) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Deferred Tax Assets
Allowance for loan losses	$ 1,500	$ 1,568
Deferred compensation	85	92
Amortization of goodwill	31	90
Net operating loss carryforward	460	2,172
Other	98	33
Total Assets, gross	3,256	4,569
Valuation allowance
Total Assets, net	3,256	4,569
Deferred Tax Liabilities
Unrealized gain on securities available for sale		197
Prepaid expenses	27	22
Total Liabilities, gross	1,583	1,443
Net Deferred Tax Asset	$ 1,673	$ 3,126

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Related Party Transactions [Abstract]
Ending balance	$ 4,187	$ 2,457
New loans and advances on lines	2,620	4,567
Payments and other reductions	(3,388)	(2,837)
Ending balance	$ 3,419	$ 4,187

LEASING ACTIVITIES (Details)

LEASING ACTIVITIES (Details) $ in Thousands	Dec. 31, 2021USD ($)
Leases [Abstract]
2022	$ 441
2023	455
2024	455
2025	455
2026	455
Thereafter	2,698
Less imputed interest	897
Total	$ 4,062

BORROWED FUNDS (Details)

BORROWED FUNDS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Net Investment Income [Line Items]
Average weighted balance	$ 18,970,000	$ 21,496,000
Average interest rate paid during the year	2.39%	2.84%
Average interest rate at year end	2.46%	2.29%
Revolving Credit Facility [Member]
Net Investment Income [Line Items]
Highest balance at any month-end
Average weighted balance
Federal Funds Lines [Member]
Net Investment Income [Line Items]
Highest balance at any month-end	1,020,000
Average weighted balance	$ 8,000
Average interest rate paid during the year	2.51%
Short-term Debt [Member]
Net Investment Income [Line Items]
Highest balance at any month-end	$ 5,000,000	5,000,000
Average weighted balance	$ 2,466,000	$ 2,555,000
Average interest rate paid during the year	1.36%	1.36%
Average interest rate at year end		1.34%
Long-term Debt [Member]
Net Investment Income [Line Items]
Highest balance at any month-end		$ 5,000,000
Average weighted balance		$ 2,445,000
Average interest rate paid during the year		1.36%
NPB Capital Trust I [Member]
Net Investment Income [Line Items]
Highest balance at any month-end	11,341,000	$ 11,341,000
Average weighted balance	$ 11,341,000	$ 11,341,000
Average interest rate paid during the year	2.81%	3.55%
Average interest rate at year end	2.72%	2.84%
NPB Capital Trust 2 [Member]
Net Investment Income [Line Items]
Highest balance at any month-end	$ 5,155,000	$ 5,155,000
Average weighted balance	$ 5,155,000	$ 5,155,000
Average interest rate paid during the year	1.97%	2.70%
Average interest rate at year end	1.89%	2.01%

BORROWED FUNDS (Details 1)

BORROWED FUNDS (Details 1) $ in Thousands	Dec. 31, 2021USD ($)
Borrowed Funds
2022
2023
2024
2025
2026
2026 and thereafter	2,027
Advances from Federal Home Loan Banks	$ 16,496

FINANCIAL INSTRUMENTS WITH OF_3

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Commitments to Extend Credit [Member]
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]
Financial instruments with off-balance sheet risk	$ 69,015	$ 2,031
Standby Letters of Credit [Member]
Debt Securities, Held-to-maturity, Allowance for Credit Loss [Line Items]
Financial instruments with off-balance sheet risk	$ 3,684	$ 57,334

CAPITAL (Details)

CAPITAL (Details) - Bank $ in Thousands	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Total Capital to Risk Weighted Assets, Actual, Amount	$ 85,890	$ 77,133
Total Capital to Risk Weighted Assets, Actual, Ratio	0.1623	0.1641
Total Capital to Risk Weighted Assets, Minimum Capital Requirement, Amount	$ 42,332	$ 37,603
Total Capital to Risk Weighted Assets, Minimum Capital Requirement, Ratio	0.080	0.080
Total Capital to Risk Weighted Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 52,915	$ 47,028
Total Capital to Risk Weighted Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.100	0.100
Tier 1 Capital Risk Weighted Assets, Actual, Amount	$ 79,274	$ 71,241
Tier 1 Capital Risk Weighted Assets, Actual, Ratio	0.1498	0.1516
Tier 1 Capital Risk Weighted Assets, Minimum Capital Requirement, Amount	$ 31,749	$ 28,202
Tier 1 Capital Risk Weighted Assets, Minimum Capital Requirement, Ratio	0.060	0.060
Tier 1 Capital Risk Weighted Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 42,332	$ 37,603
Tier 1 Capital Risk Weighted Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.080	0.080
Tier 1 Capital to Average Assets, Actual, Amount	$ 79,274	$ 71,241
Tier 1 Capital to Average Assets, Actual, Ratio	0.0986	0.0949
Tier 1 Capital to Average Assets, Minimum Capital Requirement, Amount	$ 32,145	$ 29,989
Tier 1 Capital to Average Assets, Minimum Capital Requirement, Ratio	0.040	0.040
Tier 1 Capital to Average Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 40,181	$ 37,545
Tier 1 Capital to Average Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.050	0.050
Common Equity Tier 1 Capital to Risk Weighted Assets, Actual, Amount	$ 79,274	$ 71,241
Common Equity Tier 1 Capital to Risk Weighted Assets, Actual, Ratio	0.1498	0.1516
Common Equity Tier 1 Capital to Risk Weighted Assets, Minimum Capital Requirement, Amount	$ 23,812	$ 30,036
Common Equity Tier 1 Capital to Risk Weighted Assets, Minimum Capital Requirement, Ratio	0.045	0.045
Common Equity Tier 1 Capital to Risk Weighted Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 34,395	$ 30,552
Common Equity Tier 1 Capital to Risk Weighted Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.065	0.065

FAIR VALUES (Details)

FAIR VALUES (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Inputs, Level 1 [Member] | U S Treasuries [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments
Fair Value, Inputs, Level 1 [Member] | US Government Agencies Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments
Fair Value, Inputs, Level 1 [Member] | Taxable Municipals
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments
Fair Value, Inputs, Level 1 [Member] | Corporate Bond Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments
Fair Value, Inputs, Level 1 [Member] | Collateralized Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments
Fair Value, Inputs, Level 2 [Member] | U S Treasuries [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments	7,671
Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments	9,089	14,107
Fair Value, Inputs, Level 2 [Member] | Taxable Municipals
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments	22,980	5,345
Fair Value, Inputs, Level 2 [Member] | Corporate Bond Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments	2,019	6,048
Fair Value, Inputs, Level 2 [Member] | Collateralized Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments	65,599	22,906
Fair Value, Inputs, Level 3 [Member] | US Government Agencies Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments
Fair Value, Inputs, Level 3 [Member] | Taxable Municipals
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments
Fair Value, Inputs, Level 3 [Member] | Corporate Bond Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments
Fair Value, Inputs, Level 3 [Member] | Collateralized Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale investments

FAIR VALUES (Details 2)

FAIR VALUES (Details 2) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net Loans	$ 587,009	$ 568,375
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net Loans
Time deposits
FHLB advances
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net Loans	577,357	560,634
Time deposits	198,353	237,768
FHLB advances	15,649	16,788
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net Loans	2,667	4,030
Time deposits
FHLB advances
Carrying Reported Amount Fairs Value Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net Loans	587,009	568,375
Time deposits	196,285	234,449
FHLB advances	16,496	21,496
Estimate Of Fair Value Fair Values Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net Loans	580,024	564,664
Time deposits	198,353	237,768
FHLB advances	$ 15,649	$ 16,788

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($) $ in Thousands		3 Months Ended								12 Months Ended
		Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Service charges and fees										$ 3,724	$ 3,217
Insurance and investment fees										1,029	716
Gains on sales of available-for-sale securities	[1]									322	4
Other noninterest income										1,034	896
Total Noninterest Income		$ 2,503	$ 2,970	$ 2,378	$ 2,129	$ 2,234	$ 2,116	$ 1,628	$ 2,165	$ 9,980	$ 8,147
[1]	– Not within the scope of ASU 2014-9

NONINTEREST EXPENSES (Details)

NONINTEREST EXPENSES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Noninterest Expenses
Advertising, sponsorships and donations	$ 252	$ 216
Legal and professional fees	922	839
Consulting fees	269	504
Loan related expenses	599	353
Printing and supplies	133	141
FDIC insurance premiums	266	393
Total	$ 6,976	$ 6,736

PARENT CORPORATION ONLY FINAN_3

PARENT CORPORATION ONLY FINANCIAL STATEMENTS (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
ASSETS
Due from banks	$ 14,952	$ 16,023
Other assets	9,391	10,317
LIABILITIES
Accrued interest payable	272	436
Accrued expenses and other liabilities	2,673	2,742
Total Liabilities	731,016	698,125
STOCKHOLDERS’ EQUITY
Common stock - $2.00 par value, 50,000,000 shares authorized; 23,922,086 shares issued and outstanding at both December 31, 2021 and 2020	47,844	47,844
Retained earnings (deficit)	2,031	(4,979)
Accumulated other comprehensive (loss) income	(814)	742
Total Stockholders’ Equity	63,631	58,177	$ 54,602
Total Liabilities and Stockholders’ Equity	794,647	756,302
Parent Company [Member]
ASSETS
Due from banks	187	215
Investment in subsidiaries	78,460	72,990
Other assets	1,645	1,669
Total Assets	80,292	74,874
LIABILITIES
Accrued interest payable	104	109
Accrued expenses and other liabilities	61	92
Total Liabilities	16,661	16,697
STOCKHOLDERS’ EQUITY
Common stock - $2.00 par value, 50,000,000 shares authorized; 23,922,086 shares issued and outstanding at both December 31, 2021 and 2020	47,844	47,844
Additional paid capital	14,570	14,570
Retained earnings (deficit)	2,031	(4,979)
Accumulated other comprehensive (loss) income	(814)	742
Total Stockholders’ Equity	63,631	58,177
Total Liabilities and Stockholders’ Equity	$ 80,292	$ 74,874

PARENT CORPORATION ONLY FINAN_4

PARENT CORPORATION ONLY FINANCIAL STATEMENTS (Details 1) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Expenses
Professional fees									$ 269	$ 504
Other operating expenses									6,976	6,736
Total Expenses	$ 6,727	$ 8,067	$ 6,724	$ 6,349	$ 6,272	$ 6,282	$ 7,192	$ 7,251	27,867	26,997
Income before Income Taxes									8,952	3,993
Income Tax Benefit									1,942	1,103
Net Income	$ 1,917	$ 1,845	$ 1,663	$ 1,585	$ 1,391	$ 1,424	$ 29	$ 46	7,010	2,890
Parent Company [Member]
Income
Dividends from subsidiaries									(430)	(610)
Total income									7,469	3,468
Expenses
Trust preferred securities interest expense									420	541
Professional fees									99	114
Other operating expenses									58	19
Total Expenses									577	674
Income before Income Taxes									6,892	2,794
Income Tax Benefit									(118)	(96)
Net Income									$ 7,010	$ 2,890

PARENT CORPORATION ONLY FINAN_5

PARENT CORPORATION ONLY FINANCIAL STATEMENTS (Details 2) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Cash Flows From Operating Activities
Net income	$ 1,917	$ 1,845	$ 1,663	$ 1,585	$ 1,391	$ 1,424	$ 29	$ 46	$ 7,010	$ 2,890
Adjustments to reconcile net income to net cash used in operating activities:
Net (increase) decrease in other assets									403	77
Net cash (used in) provided by operating activities									13,800	8,574
Net (decrease) increase in Cash and Cash Equivalents									(31,404)	42,203
Supplemental Disclosure of Cash Paid During the Year for:
Interest									2,865	5,151
Taxes										(166)
Parent Company [Member]
Cash Flows From Operating Activities
Net income									7,010	2,890
Adjustments to reconcile net income to net cash used in operating activities:
Equity in undistributed earnings of subsidiaries									6,580	2,842
Net (increase) decrease in other assets									422	(67)
Net decrease in other liabilities									(36)	(109)
Net cash (used in) provided by operating activities									(28)	6
Net (decrease) increase in Cash and Cash Equivalents									(28)	6
Cash and Cash Equivalents, Beginning of year				$ 215				$ 209	215	209
Cash and Cash Equivalents, End of Year	$ 187				$ 215				187	215
Supplemental Disclosure of Cash Paid During the Year for:
Interest									425	614
Taxes										$ (166)

SELECTED QUARTERLY INFORMATIO_3

SELECTED QUARTERLY INFORMATION (UNAUDITED) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Income statement
Net interest income	$ 6,729	$ 7,418	$ 6,651	$ 6,413	$ 6,447	$ 6,414	$ 6,140	$ 6,142	$ 27,211	$ 25,143
Noninterest income			186	186	300	450	550	1,000	372	2,300
Provision for loan losses	2,503	2,970	2,378	2,129	2,234	2,116	1,628	2,165	9,980	8,147
Noninterest expense	6,727	8,067	6,724	6,349	6,272	6,282	7,192	7,251	27,867	26,997
NET INCOME	1,917	1,845	1,663	1,585	1,391	1,424	29	46	$ 7,010	$ 2,890
Period end balance sheet
Total loans receivable	593,744	574,053	591,914	594,454	575,566	585,122	587,566	560,468
Total assets	794,647	800,849	797,588	810,266	756,302	749,125	754,651	715,144
Total deposits	$ 707,513	$ 713,489	$ 711,367	$ 720,954	$ 668,012	$ 661,672	$ 668,404	$ 629,525