CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
ASSETS
Cash and due from banks	$ 17,040	$ 14,952
Interest-bearing deposits with banks	61,806	45,766
Federal funds sold	18	228
Total Cash and Cash Equivalents	78,864	60,946
Investment securities available-for-sale, at fair value	106,820	107,358
Loans held for sale	100
Loans receivable	595,132	593,744
Allowance for loan losses	(6,759)	(6,735)
Net loans	588,373	587,009
Bank premises and equipment, net	20,293	20,735
Other real estate owned	795	1,361
Accrued interest receivable	2,087	2,112
Deferred taxes, net	2,610	1,673
Bank owned life insurance	4,690	4,685
Right-of-use assets – operating leases	3,981	4,062
Other assets	4,923	4,706
Total Assets	813,536	794,647
Deposits:
Noninterest bearing	269,251	251,257
Interest-bearing	461,717	456,256
Total Deposits	730,968	707,513
Borrowed funds	16,496	16,496
Lease liabilities – operating leases	3,981	4,062
Accrued interest payable	254	272
Accrued expenses and other liabilities	2,925	2,673
Total Liabilities	754,624	731,016
SHAREHOLDERS’ EQUITY
23,922,086 shares issued and outstanding at March 31, 2022 and December 31, 2021	47,844	47,844
Additional paid-in-capital	14,570	14,570
Retained earnings	2,756	2,031
Accumulated other comprehensive loss	(6,258)	(814)
Total Shareholders’ Equity	58,912	63,631
Total Liabilities and Shareholders’ Equity	$ 813,536	$ 794,647