CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash flows from operating activities:
Net income	$ 4,952	$ 3,993
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	1,485	480
Increase (decrease) in deferred loan origination fees and costs, net	1,562	(454)
Depreciation and amortization	331	170
Amortization of investment security premiums and discounts, net	985	1,117
Increase in cash surrender values of life insurance policies	(258)	(247)
Stock based compensation expense	319	268
(Increase) decrease in accrued interest receivable and other assets	(2,327)	479
(Decrease) increase in accrued interest payable and other liabilities	(2,645)	39
Net cash provided by operating activities	4,366	5,771
Cash flows from investing activities:
Proceeds from the sale of available-for-sale investment securities	4,229	43,213
Proceeds from matured available-for-sale investment securities		5,000
Purchases of available-for-sale investment securities	(36,479)	(56,978)
Proceeds from principal repayments for available-for-sale investment securities	33,091	33,375
Proceeds from principal repayments for held-to-maturity investment securities	233	36
Net increase in loans	(72,463)	(34,077)
Purchases of loans	(8,429)	(17,373)
Net decrease (increase) in FHLB stock	47	(327)
Purchases of equipment	(88)	(316)
Net cash used in investing activities	(79,859)	(27,447)
Cash flows from financing activities:
Net increase in demand, interest-bearing and savings deposits	128,808	24,081
Net decrease in time deposits	(4,814)	(1,851)
Net increase in short-term borrowings	3,000
Net increase to long-term borrowings	4,960
Proceeds from stock options exercised		95
Cash dividends paid	(1,243)	(1,000)
Net cash provided by financing activities	130,711	21,325
Increase (decrease) in cash and cash equivalents	55,218	(351)
Cash and cash equivalents at beginning of year	17,810	29,733
Cash and cash equivalents at end of period	73,028	29,382
Supplemental noncash disclosures:
Right of use asset and obligation recorded upon adoption of ASU 2016-02		3,570
Lease liabilities arising from obtaining right of use assets	508
Cash paid during the year for:
Interest expense	1,386	1,682
Income taxes	$ 1,765	$ 1,218