SUBORDINATED NOTES AND JUNIOR SUBORDINATED DEBENTURES (Details) |
1 Months Ended | |||
---|---|---|---|---|
Aug. 31, 2022 |
Jul. 31, 2020
USD ($)
|
Mar. 31, 2025
USD ($)
|
Dec. 31, 2024
USD ($)
|
|
SUBORDINATED NOTES AND JUNIOR SUBORDINATED DEBENTURES | ||||
Subordinated notes, outstanding balance | $ 12,000,000 | $ 12,000,000 | ||
Subordinated Notes, July 2020 | ||||
SUBORDINATED NOTES AND JUNIOR SUBORDINATED DEBENTURES | ||||
Number of banks participating in note agreement | 2 | |||
Maximum borrowing capacity per bank | $ 6,000,000 | |||
Maximum borrowing capacity | $ 12,000,000 | |||
Subordinated notes, outstanding balance | 6,000,000 | 6,000,000 | ||
Maturity term | 10 years | |||
Interest at fixed rate (as a percent) | 5.00% | |||
Subordinated Notes, August 2022 | ||||
SUBORDINATED NOTES AND JUNIOR SUBORDINATED DEBENTURES | ||||
Subordinated notes, outstanding balance | $ 6,000,000 | $ 6,000,000 | ||
Maturity term | 10 years | |||
Interest at fixed rate (as a percent) | 5.25% |