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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities    
Net income $ 12,453,000 $ 8,554,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 582,000 586,000
Amortization of debt issuance costs 32,000 32,000
Deferred income taxes 699,000 2,393,000
Provision for (recovery of) loan losses (500,000) 950,000
Write-down of other real estate owned 0 16,000
Gain on sale of investment securities 0 (12,000)
Gain on sales of loans held for sale (11,762,000) (11,703,000)
Gain on sale of assets held for sale 0 (1,000)
Gain on sale of other real estate owned (8,000) (175,000)
Loss on sale and disposal of premises and equipment 10,000  
Losses on debt extinguishment 0 696,000
Stock compensation expense 332,000 240,000
Proceeds from sale of mortgage loans 339,827,000 361,393,000
Origination of mortgage loans held for sale (298,785,000) (371,389,000)
Amortization of premiums and accretion of discounts on securities, net 261,000 209,000
Increase in bank owned life insurance (280,000) (194,000)
Net change in:    
Interest receivable 1,698,000 (2,346,000)
Other assets 1,383,000 (810,000)
Interest payable (126,000) (27,000)
Other liabilities (3,283,000) 4,449,000
Net cash provided by (used in) operating activities 42,533,000 (7,139,000)
Cash Flows from Investing Activities    
Purchases of available for sale securities (72,239,000) (11,914,000)
Proceeds from the sale of available for sale securities 0 7,936,000
Proceeds from the sale of assets held for sale 0 515,000
Proceeds from maturities, calls and paydowns of available for sale securities 16,626,000 10,227,000
Net decrease (increase) in loans 32,884,000 (129,062,000)
Proceeds from sale of other real estate owned 344,000 349,000
Purchases of premises and equipment, net (637,000) (329,000)
Purchase of bank owned life insurance (4,408,000)  
Redemptions of restricted stock, net 131,000 1,210,000
Net cash used in investing activities (27,299,000) (121,068,000)
Cash Flows from Financing Activities    
Cash dividends paid (206,000)  
Net increase in deposits 75,666,000 145,174,000
Repayments of Federal Home Loan Bank advances 0 (29,696,000)
Net (decrease) increase in other borrowings (41,529,000) 36,213,000
Net cash provided by financing activities 33,931,000 151,691,000
Net increase in cash and cash equivalents 49,165,000 23,484,000
Cash and cash equivalents, beginning of period 43,451,000 19,967,000
Cash and cash equivalents, end of period 92,616,000 43,451,000
Supplemental Disclosure of Cash Flow Information    
Cash payments for interest 2,298,000 5,156,000
Supplemental Schedule of Non-Cash Activities    
Unrealized gains (losses) on securities available for sale (1,497,000) 353,000
Right of use assets obtained in exchange for new operating lease liabilities 243,000 303,000
Minimum pension adjustment $ 14,000 $ 14,000