Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Assets
Cash and due from banks	$ 5,036	$ 2,522
Interest-earning deposits	136,041	120,602
Federal funds sold	1,859	977
Cash and cash equivalents	142,936	124,101
Investments - available for sale	116,137	111,962
Investments - held to maturity	5,990
Other investments, at cost	2,626	2,984
Loans receivable, net of deferred fees and costs	952,813	933,475
Allowance for loan losses	(14,100)	(13,723)
Premises and equipment, net	17,655	17,783
Real estate owned	842	842
Accrued interest receivable	4,746	4,808
Bank owned life insurance	14,935	14,778
Net deferred tax asset	5,342	2,968
Goodwill	737	737
Other assets	3,373	3,007
Total assets	1,254,032	1,203,722
Deposits:
Noninterest-bearing	301,487	280,665
Interest-bearing	809,614	778,376
Total deposits	1,111,101	1,059,041
Federal Home Loan Bank advances	5,000	5,000
Junior subordinated notes	35,924	35,864
Accrued interest payable	254	383
Accrued expenses and other liabilities	5,632	6,029
Total liabilities	1,157,911	1,106,317
Shareholders’ Equity:
Preferred stock - Series A - no par value; 287,895 shares authorized, 282,828 shares issued, and outstanding as of June 30, 2022 and December 31, 2021
Common stock -  no par value; 20,000,000 shares authorized; 5,209,542 and 5,168,681 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively
Additional paid in capital	45,424	44,570
Retained earnings	58,026	51,649
Accumulated other comprehensive income	(7,329)	1,186
Total shareholders’ equity	96,121	97,405
Total liabilities and shareholders’ equity	$ 1,254,032	$ 1,203,722