CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
ASSETS
Cash and due from banks	$ 16,823	$ 13,998
Interest-bearing deposits with banks	61,804	35,897
Federal funds sold	264	252
Total Cash and Cash Equivalents	78,891	50,147
Investment securities available-for-sale	45,526	50,649
Loans held for sale		2
Loans receivable	587,566	562,544
Allowance for loan losses	(6,575)	(5,368)
Net loans	580,991	557,176
Bank premises and equipment, net	22,522	22,242
Other real estate owned	3,005	3,393
Accrued interest receivable	2,997	2,115
Deferred taxes, net	4,354	4,576
Right-of-use assets - operating leases	5,637	5,835
Other assets	10,728	10,238
Total Assets	754,651	706,373
Deposits:
Noninterest bearing	223,593	170,782
Interest-bearing	444,811	450,695
Total Deposits	668,404	621,477
Borrowed funds	21,496	21,496
Lease liabilities - operating leases	5,637	5,835
Accrued interest payable	604	694
Accrued expenses and other liabilities	3,037	2,269
Total Liabilities	699,178	651,771
STOCKHOLDERS' EQUITY
Common stock - $2.00 par value; 50,000,000 shares authorized; 23,922,086 shares issued and outstanding at June 30, 2020 and December 31, 2019	47,844	47,844
Additional paid-in-capital	14,570	14,570
Retained deficit	(7,794)	(7,869)
Accumulated other comprehensive income	853	57
Total Stockholders' Equity	55,473	54,602
Total Liabilities and Stockholders' Equity	$ 754,651	$ 706,373