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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 35,363 $ 47,691
Other interest bearing deposits 249 1,511
Securities available for sale "AFS" 165,991 203,068
Securities held to maturity "HTM" 96,379 71,141
Equity investments 1,794 1,328
Other investments 15,834 15,305
Loans receivable 1,411,784 1,310,963
Allowance for loan losses (17,939) (16,913)
Loans receivable, net 1,393,845 1,294,050
Loans held for sale 0 6,670
Mortgage servicing rights, net 4,262 4,161
Office properties and equipment, net 20,493 21,169
Accrued interest receivable 5,285 3,916
Intangible assets 2,449 3,898
Goodwill 31,498 31,498
Foreclosed and repossessed assets, net 1,271 1,408
Bank owned life insurance ("BOLI") 24,954 24,312
Other assets 16,719 8,502
TOTAL ASSETS 1,816,386 1,739,628
Liabilities:    
Deposits 1,424,720 1,387,535
Federal Home Loan Bank ("FHLB") advances 142,530 111,527
Other borrowings 72,409 58,426
Other liabilities 9,639 11,274
Total liabilities 1,649,298 1,568,762
Stockholders’ Equity:    
Common stock— $0.01 par value, authorized 30,000,000; 10,425,119 and 10,502,442 shares issued and outstanding, respectively 104 105
Additional paid-in capital 119,240 119,925
Retained earnings 65,400 50,675
Accumulated other comprehensive (loss) income (17,656) 161
Total stockholders’ equity 167,088 170,866
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,816,386 $ 1,739,628