CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 15,238	$ 13,979
Interest-bearing deposits with banks	52,382	46,747
Federal funds sold	63	960
Total cash and cash equivalents	67,683	61,686
Investment securities available-for-sale	93,106	96,076
Loans receivable	609,038	584,613
Allowance for credit losses	(6,814)	(6,727)
Net loans	602,224	577,886
Bank premises and equipment, net	18,635	19,290
Other real estate owned	261	261
Accrued interest receivable	2,483	2,555
Deferred taxes, net	4,430	4,623
Bank owned life insurance	4,577	4,549
Right-of-use assets – operating leases	3,557	3,725
Other assets	6,036	4,707
Total assets	802,992	775,358
Deposits:
Noninterest bearing	247,135	249,924
Interest-bearing	460,941	442,783
Total deposits	708,076	692,707
Borrowed funds	26,496	16,496
Lease liabilities – operating leases	3,557	3,725
Accrued interest payable	930	526
Accrued expenses and other liabilities	3,776	4,685
Total liabilities	742,835	718,139
SHAREHOLDERS’ EQUITY
23,802,857 and 23,848,491 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively	47,606	47,697
Additional paid-in-capital	14,536	14,546
Retained earnings	11,019	8,917
Accumulated other comprehensive loss	(13,004)	(13,941)
Total shareholders’ equity	60,157	57,219
Total liabilities and shareholders’ equity	$ 802,992	$ 775,358