CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Cash and due from banks:
Noninterest bearing deposits and cash	$ 2,514	$ 2,195
Interest bearing deposits	91,097	50,322
Restricted cash	41	14,019
Total cash, cash equivalents and restricted cash	93,652	66,536
Investment securities:
Available-for-sale securities, at fair value	86,667	89,187
Other investments, at cost	4,450	4,450
Total investment securities	91,117	93,637
Federal Reserve Bank (FRB) stock, at cost	2,193	2,090
Federal Home Loan Bank (FHLB) stock, at cost	3,571	4,202
Loans receivable (net of allowance for credit losses: 2024: $(14,989) and 2023: $(15,925))	761,313	832,934
Loans held for sale	14,092	20,767
Accrued interest and dividends receivable	6,452	7,219
Premises and equipment, net	29,338	29,875
Other real estate owned	2,843	2,843
Deferred tax asset	25,104	24,134
Core deposit intangible, net	179	203
Other assets	9,158	8,985
Total assets	1,039,012	1,093,425
Deposits:
Noninterest bearing deposits	93,736	110,056
Interest bearing deposits	707,166	730,255
Total deposits	800,902	840,311
FHLB, FRB and correspondent bank borrowings	156,900	171,000
Senior notes, net	11,792	11,723
Subordinated debt, net	9,883	9,869
Junior subordinated debt owed to unconsolidated trust, net	8,142	8,137
Note payable	270	376
Advances from borrowers for taxes and insurance	2,768	1,164
Accrued expenses and other liabilities	7,828	6,462
Total liabilities	998,485	1,049,042
Commitments and Contingencies
Shareholders' equity
Preferred stock, no par value; 1,000,000 shares authorized, no shares issued and outstanding	0	0
Common stock, $.01 par value, 100,000,000 shares authorized; As of June 30, 2024: 4,049,814 shares issued; 3,976,073 shares outstanding; As of December 31, 2023: 4,049,814 shares issued; 3,976,073 shares outstanding.	106,735	106,670
Accumulated deficit	(50,406)	(47,026)
Accumulated other comprehensive loss	(15,802)	(15,261)
Total shareholders' equity	40,527	44,383
Total liabilities and shareholders' equity	$ 1,039,012	$ 1,093,425