CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 16,908	$ 13,979
Interest-bearing deposits with banks	57,047	46,747
Federal funds sold	378	960
Total cash and cash equivalents	74,333	61,686
Investment securities available-for-sale	96,722	96,076
Loans receivable	590,490	584,613
Allowance for credit losses	(6,661)	(6,727)
Net loans	583,829	577,886
Bank premises and equipment, net	18,485	19,290
Other real estate owned	261	261
Accrued interest receivable	2,418	2,555
Deferred taxes, net	4,111	4,623
Bank owned life insurance	4,563	4,549
Right-of-use assets – operating leases	3,641	3,725
Other assets	5,272	4,707
Total assets	793,635	775,358
Deposits:
Noninterest bearing	254,574	249,924
Interest-bearing	454,243	442,783
Total deposits	708,817	692,707
Borrowed funds	16,496	16,496
Lease liabilities – operating leases	3,641	3,725
Accrued interest payable	749	526
Accrued expenses and other liabilities	4,244	4,685
Total liabilities	733,947	718,139
SHAREHOLDERS’ EQUITY
23,828,559 and 23,848,491 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively	47,657	47,697
Additional paid-in-capital	14,540	14,546
Retained earnings	9,296	8,917
Accumulated other comprehensive loss	(11,805)	(13,941)
Total shareholders’ equity	59,688	57,219
Total liabilities and shareholders’ equity	$ 793,635	$ 775,358