Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2022

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (Unaudited)

Unaudited condensed financial data by quarter for the years ended December 31, 2022 and 2021 is as follows (dollars, except per share data, in thousands):

	Quarter ended
	3/31/2022		6/30/2022		9/30/2022		12/31/2022
Interest Income	$	8,700	$	9,388	$	11,293	$	13,197
Interest Expense	795		844		1,159		2,231
Net Interest Income	7,905		8,544		10,134		10,966
Provision for Loan Losses	—		—		—		—
Net Interest Income After Provision for Loan Losses	7,905		8,544		10,134		10,966
Non-interest Income	2,603		2,638		2,224		2,149
Non-interest Expense	8,595		8,429		8,278		8,924
Income Before Income Tax	1,913		2,753		4,080		4,191
Provision for Income Taxes	364		589		854		902
Net Income	$	1,549	$	2,164	$	3,226	$	3,289
Basic Net Income Per Common Share	$	0.48	$	0.67	$	0.99	$	1.01
Basic Weighted Average Shares Outstanding	3,252,884		3,252,884		3,252,884		3,252,884

	Quarter ended
	3/31/2021		6/30/2021		9/30/2021		12/31/2021
Interest Income	$	9,098	$	8,717	$	9,668	$	9,634
Interest Expense	1,078		978		845		924
Net Interest Income	8,020		7,739		8,823		8,710
Reversal of Provision For Loan Losses	(870)		(735)		(665)		(134)
Net Interest Income After Provision for Loan Losses	8,890		8,474		9,488		8,844
Non-interest Income	2,774		2,687		4,530		2,642
Non-interest Expense	7,610		7,446		8,049		8,942
Income Before Income Tax	4,054		3,715		5,969		2,544
Provision for Income Taxes	875		791		1,327		516
Net Income	$	3,179	$	2,924	$	4,642	$	2,028
Basic Net Income Per Common Share	$	0.98	$	0.90	$	1.43	$	0.62
Basic Weighted Average Shares Outstanding	3,252,884		3,252,884		3,252,884		3,252,884