Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Assets
Cash and due from banks	$ 2,522	$ 6,216
Interest-earning deposits	120,602	51,137
Federal funds sold	977	5,672
Cash and cash equivalents	124,101	63,025
Investments - available for sale	111,962	110,707
Other investments, at cost	2,984	6,252
Loans receivable, net	933,475	878,545
Allowance for loan losses	(13,723)	(12,572)
Premises and equipment, net	17,783	16,680
Real estate owned	842	1,932
Accrued interest receivable	4,808	5,704
Bank owned life insurance	14,778	14,861
Net deferred tax asset	2,968	2,501
Goodwill	737	737
Other assets	3,007	1,407
Total assets	1,203,722	1,089,779
Deposits:
Noninterest-bearing	280,665	203,502
Interest-bearing	778,376	742,978
Total deposits	1,059,041	946,480
Federal Home Loan Bank advances	5,000	16,000
Junior subordinated notes	35,864	35,744
Accrued interest payable	383	336
Accrued expenses and other liabilities	6,029	4,694
Total liabilities	1,106,317	1,003,254
Shareholders' Equity:
Preferred stock - Series A - no par value; 287,895 shares authorized, 282,828 and 287,895 shares issued, and outstanding as of December 31, 2021 and December 31, 2020, respectively
Common stock - no par value; 20,000,000 shares authorized; 5,168,681 and 5,271,971 shares issued and outstanding as of December 31, 2021 and December 31, 2020, respectively
Additional paid in capital	44,570	46,645
Retained earnings	51,649	37,721
Accumulated other comprehensive income	1,186	2,159
Total shareholders' equity	97,405	86,525
Total liabilities and shareholders' equity	$ 1,203,722	$ 1,089,779