CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2023	Dec. 31, 2022
Assets:
Cash and due from banks		$ 1,471	$ 1,379
Interest-earning demand deposits in other financial institutions		70,727	63,311
Cash and cash equivalents		72,198	64,690
Investment securities - available-for-sale, at fair value, amortized cost of $16,682 and $27,790 at December 31, 2023 and 2022, respectively		15,232	26,688
Investment securities - held-to-maturity, at amortized cost; fair value of $2,056 and $2,423 at December 31, 2023 and 2022, respectively		2,135	2,557
Investment securities - measured at fair value		382	225
Federal Home Loan Bank ("FHLB") and Federal Reserve Bank ("FRB") stock, at cost		4,865	4,533
Loans held for sale, at lower of cost or fair value		16,648	21,033
Loans held for investment		950,824	934,309
Allowance for credit losses	[1]	(12,451)	(10,765)
Total loans held for investment, net		938,373	923,544
Other assets acquired through foreclosure, net		982	2,250
Premises and equipment, net		5,817	6,104
Other assets		30,436	39,878
Total assets		1,087,068	1,091,502
Deposits:
Noninterest-bearing demand		168,603	216,494
Interest-bearing demand		377,530	428,173
Savings		16,257	23,490
Certificates of deposit ($250,000 or more)		13,892	6,693
Other certificates of deposit		276,656	200,234
Total deposits		852,938	875,084
FHLB advances and other borrowings		100,000	90,000
Other liabilities		17,886	13,768
Total liabilities		970,824	978,852
Stockholders' equity:
Common stock - no par value, 60,000,000 shares authorized; 8,875,012 and 8,798,412 shares issued and outstanding at December 31, 2023 and 2022, respectively		46,614	45,694
Retained earnings		70,646	67,727
Accumulated other comprehensive loss, net		(1,016)	(771)
Total stockholders' equity		116,244	112,650
Total liabilities and stockholders' equity		$ 1,087,068	$ 1,091,502

[1] On January 1, 2023, the Company adopted the provisions of Accounting Standards Codification Topic 326. The allowance in 2023 is reported using the current expected credit loss (“CECL”) method. Periods prior to adoption are reported in accordance with previous GAAP using the incurred loss method.