CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Cash and due from banks:
Noninterest bearing deposits and cash	$ 1,828	$ 5,182
Interest bearing deposits	58,424	33,311
Total cash and cash equivalents	60,252	38,493
Investment securities:
Available-for-sale securities, at fair value	91,736	84,520
Other investments, at cost	4,450	4,450
Total investment securities	96,186	88,970
Federal Reserve Bank stock, at cost	2,673	2,627
Federal Home Loan Bank stock, at cost	6,374	3,874
Loans receivable (net of allowance for credit losses: 2023: $17,801 and 2022: $10,310)	860,968	838,006
Loans held for sale	6,882	5,211
Accrued interest and dividends receivable	7,308	7,267
Premises and equipment, net	30,467	30,641
Deferred tax asset	17,392	15,527
Goodwill	1,107	1,107
Core deposit intangible, net	238	249
Other assets	10,165	11,387
Total assets	1,100,012	1,043,359
Deposits:
Noninterest bearing deposits	152,773	269,636
Interest bearing deposits	703,695	590,810
Total deposits	856,468	860,446
Federal Home Loan Bank and correspondent bank borrowings	150,000	85,000
Senior notes, net	11,619	11,640
Subordinated debt, net	9,847	9,840
Junior subordinated debt owed to unconsolidated trust, net	8,130	8,128
Note payable	533	585
Advances from borrowers for taxes and insurance	2,824	886
Accrued expenses and other liabilities	5,982	7,251
Total liabilities	1,045,403	983,776
Commitments and Contingencies
Shareholders' equity
Preferred stock, no par value; 1,000,000 shares authorized, no shares issued and outstanding	0	0
Common stock, $.01 par value, 100,000,000 shares authorized; As of March 31, 2023: 4,038,927 shares issued; 3,965,186 shares outstanding; As of December 31, 2022: 4,038,927 shares issued; 3,965,186 shares outstanding.	106,588	106,565
Accumulated deficit	(37,581)	(31,337)
Accumulated other comprehensive loss	(14,398)	(15,645)
Total shareholders' equity	54,609	59,583
Total liabilities and shareholders' equity	$ 1,100,012	$ 1,043,359