Consolidated Statements of Operations - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Interest and dividend income:
Loans		$ 17,570,000	$ 16,481,000	$ 34,762,000	$ 32,050,000
Taxable investment income		3,686,000	3,172,000	7,300,000	6,324,000
Non-taxable investment income		36,000	112,000	72,000	223,000
Total interest income		21,292,000	19,765,000	42,134,000	38,597,000
Interest expense:
Deposits		9,132,000	5,173,000	17,545,000	9,327,000
Borrowed funds		2,587,000	3,686,000	5,599,000	6,423,000
Total interest expense		11,719,000	8,859,000	23,144,000	15,750,000
Net interest income		9,573,000	10,906,000	18,990,000	22,847,000
(Release of) provision for credit losses		(762,000)	143,000	(1,297,000)	120,000
Net interest income after (release of) provision for credit losses		10,335,000	10,763,000	20,287,000	22,727,000
Non-interest income:
Fees and service charges		296,000	280,000	625,000	542,000
Gain on sale of loans		0	24,000	36,000	159,000
Other income		240,000	76,000	326,000	163,000
Total non-interest income		536,000	380,000	987,000	864,000
Non-interest expense:
Compensation and benefits		7,635,000	7,065,000	15,184,000	14,912,000
Occupancy and equipment		2,262,000	2,124,000	4,454,000	4,106,000
Data processing		1,335,000	1,535,000	2,722,000	3,136,000
Advertising		52,000	77,000	124,000	149,000
Professional services		623,000	764,000	1,353,000	1,744,000
Federal deposit insurance premiums		194,000	231,000	393,000	336,000
Other expense		1,114,000	1,172,000	2,227,000	2,242,000
Total non-interest expenses		13,215,000	12,968,000	26,457,000	26,625,000
Loss before income tax expense		(2,344,000)	(1,825,000)	(5,183,000)	(3,034,000)
Income tax expense		0	0	0	0
Net loss		$ (2,344,000)	$ (1,825,000)	$ (5,183,000)	$ (3,034,000)
Basic loss per share (in dollars per share)		$ (0.11)	$ (0.08)	$ (0.24)	$ (0.13)
Diluted loss per share (in dollars per share)		$ (0.11)	$ (0.08)	$ (0.24)	$ (0.13)
Weighted average shares outstanding - basic (in shares)		21,735,002	24,249,714	21,914,811	24,131,017
Weighted average shares outstanding - diluted (in shares)	[1]	21,735,002	24,249,714	21,914,811	24,131,017

[1] The assumed vesting of outstanding restricted stock units had an antidilutive effect on diluted earnings per share due to the Company’s net loss for the 2024 and 2023 periods.