CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
ASSETS
Cash and due from banks	$ 13,979	$ 14,952
Interest-bearing deposits with banks	46,747	45,766
Federal funds sold	960	228
Total cash and cash equivalents	61,686	60,946
Investment securities available-for-sale	96,076	107,358
Loans receivable	584,613	593,744
Allowance for loan losses	(6,727)	(6,735)
Net loans	577,886	587,009
Bank premises and equipment, net	19,290	20,735
Other real estate owned	261	1,361
Accrued interest receivable	2,555	2,112
Deferred taxes, net	4,623	1,673
Bank owned life insurance	4,549	4,685
Right-of-use assets – operating leases	3,725	4,062
Other assets	4,707	4,706
Total assets	775,358	794,647
Deposits
Noninterest bearing	249,924	251,257
Interest-bearing	442,783	456,256
Total deposits	692,707	707,513
Borrowed funds	16,496	16,496
Lease liabilities – operating leases	3,725	4,062
Accrued interest payable	526	272
Accrued expenses and other liabilities	4,685	2,673
Total liabilities	718,139	731,016
SHAREHOLDERS’ EQUITY
Common stock - $2.00 par value; 50,000,000 shares authorized;	47,697	47,844
Additional paid-in capital	14,546	14,570
Retained earnings	8,917	2,031
Accumulated other comprehensive loss	(13,941)	(814)
Total shareholders’ equity	57,219	63,631
Total liabilities and shareholders’ equity	$ 775,358	$ 794,647