CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
ASSETS
Cash and due from banks	$ 5,597,144	$ 11,140,559
Interest-bearing deposits at the Federal Reserve	3,456,566	128,971,429
Investment securities available for sale	269,386,643	212,347,489
Mortgage loans to be sold	654,944	2,774,388
Loans	328,284,273	306,632,229
Less: Allowance for loan losses	(4,329,221)	(4,376,987)
Net loans	323,955,052	302,255,242
Premises, equipment and leasehold improvements,  net	3,723,404	3,782,936
Right of use asset	13,585,730	14,041,843
Accrued interest receivable	1,755,179	1,404,227
Other assets	8,015,143	2,502,533
Total assets	630,129,805	679,220,646
Deposits:
Non-interest bearing demand	234,757,823	255,783,644
Interest bearing demand	161,299,986	165,335,038
Money market accounts	103,909,416	98,113,942
Time deposits $250,000 and over	4,901,501	7,417,864
Other time deposits	12,300,498	13,870,356
Other savings deposits	60,943,285	68,670,732
Total deposits	578,112,509	609,191,576
Accrued interest payable and other liabilities	2,418,321	2,069,594
Lease liability	13,585,730	14,041,843
Total liabilities	594,116,560	625,303,013
Shareholders' equity
Common stock - no par 12,000,000 shares authorized; Issued 5,852,325 shares at September 30, 2022 and 5,841,240 shares at December 31, 2021. Shares outstanding 5,552,351 and 5,541,266 at September 30, 2022 and December 31, 2021, respectively.
Additional paid in capital	47,997,431	47,745,285
Retained earnings	13,138,685	11,122,710
Treasury stock: 299,974 shares at September 30, 2022 and December 31, 2021	(2,817,392)	(2,817,392)
Accumulated other comprehensive loss, net of income taxes	(22,305,479)	(2,132,970)
Total shareholders' equity	36,013,245	53,917,633
Total liabilities and shareholders' equity	$ 630,129,805	$ 679,220,646