Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Assets
Cash and due from banks	$ 2,559	$ 2,522
Interest-earning deposits	102,986	120,602
Federal funds sold	2,670	977
Cash and cash equivalents	108,215	124,101
Investments - available for sale	108,261	111,962
Investments - held to maturity	5,991
Other investments, at cost	1,911	2,984
Loans receivable, net of deferred fees and costs	995,061	933,475
Allowance for loan losses	(14,579)	(13,723)
Premises and equipment, net	17,614	17,783
Real estate owned	732	842
Accrued interest receivable	5,335	4,808
Bank owned life insurance	15,014	14,778
Net deferred tax asset	6,381	2,968
Goodwill	737	737
Other assets	3,294	3,007
Total assets	1,253,967	1,203,722
Deposits:
Noninterest-bearing	319,193	280,665
Interest-bearing	790,814	778,376
Total deposits	1,110,007	1,059,041
Federal Home Loan Bank advances	5,000	5,000
Junior subordinated notes	35,955	35,864
Accrued interest payable	653	383
Accrued expenses and other liabilities	5,855	6,029
Total liabilities	1,157,470	1,106,317
Shareholders’ Equity:
Preferred stock - Series A - no par value; 287,895 shares authorized, 282,828 shares issued, and outstanding as of September 30, 2022 and December 31, 2021
Common stock -  no par value; 20,000,000 shares authorized; 5,225,042 and 5,168,681 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively
Additional paid in capital	45,825	44,570
Retained earnings	61,727	51,649
Accumulated other comprehensive income	(11,055)	1,186
Total shareholders’ equity	96,497	97,405
Total liabilities and shareholders’ equity	$ 1,253,967	$ 1,203,722