Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash	$ 9,260	$ 12,704
Interest-bearing deposits in other banks	64,482	55,948
Cash and cash equivalents	73,742	68,652
Equity Investment	256	221
Securities available for sale	34,781	33,034
Securities held to maturity (fair value of $9,206 and $9,660, ACL of $6 and $0)	10,209	10,461
Loans held for maturity	704,802	662,944
Allowance for credit losses	(8,554)	(3,813)
Net loans	696,248	659,131
Foreclosed real estate	170	1,987
Premises and equipment, net	14,250	15,176
Federal Home Loan Bank of Atlanta stock, at cost	626	977
Investment in life insurance	19,657	19,983
Accrued interest receivable	3,279	2,952
Goodwill	14,420	14,420
Intangible assets, net	1,012	1,195
Deferred tax assets, net	8,969	9,113
Other assets	7,635	7,661
Total assets	885,254	844,963
Liabilities
Noninterest-bearing deposits	142,030	167,202
Interest-bearing deposits	492,090	517,416
Total deposits	634,120	684,618
FHLB borrowings	0	12,000
Subordinated Debentures	37,251	37,039
Other liabilities	14,818	13,555
Total liabilities	686,189	747,212
Stockholders' equity
Preferred stock, $0.01 par value; 1,000,000 shares authorized; none issued or outstanding	0	0
Common stock, $0.01 par value; 45,000,000 shares authorized at December 31, 2023 and 14,000,000 authorized at December 31, 2022; 11,375,803 shares issued and outstanding as of December 31, 2023; 7,958,904 shares issued outstanding as of December 31, 2022	114	74
Paid-in capital	110,465	15,406
Unearned common stock held by employee stock ownership plan	(7,328)
Retained earnings	97,772	84,612
Accumulated other comprehensive loss	(1,958)	(2,341)
Total stockholders' equity	199,065	97,751
Total liabilities and stockholders' equity	$ 885,254	$ 844,963