Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets:
Cash and due from banks	$ 14,034	$ 14,009
Interest-bearing deposits with banks	137,073	62,654
Total cash and cash equivalents	151,107	76,663
Debt securities available for sale	23,580	24,355
Debt securities held-to-maturity (fair value of $297 and $326)	336	360
Loans, net of allowance for credit losses of $8,281 and $7,683	746,370	671,094
Federal Home Loan Bank stock	2,454	3,354
Premises and equipment, net	1,579	1,375
Right-of-use lease assets	2,091	2,161
Accrued interest receivable	2,990	2,474
Deferred tax asset	3,109	2,903
Other assets	7,017	6,515
Total assets	940,633	791,254
Liabilities:
Noninterest-bearing demand deposits	217,940	194,892
Savings, NOW and money-market deposits	318,511	322,932
Time deposits	261,958	121,757
Total deposits	798,409	639,581
Federal Home Loan Bank advances	40,000	62,000
Federal Reserve Bank advances	13,355	13,600
Operating lease liabilities	2,185	2,248
Other liabilities	3,640	3,818
Total liabilities	857,589	721,247
Commitments and contingencies (Notes 8 and 11)
Stockholders’ equity:
Preferred stock, value
Common stock, $.01 par value; 30,000,000 shares authorized, 9,634,821 and 7,250,218 shares issued and outstanding	96	72
Additional paid-in capital	102,239	91,221
Accumulated deficit	(13,594)	(15,971)
Accumulated other comprehensive loss	(5,697)	(5,315)
Total stockholders’ equity	83,044	70,007
Total liabilities and stockholders’ equity	940,633	791,254
Series A Preferred Stock [Member]
Stockholders’ equity:
Preferred stock, value
Series B Preferred Stock [Member]
Stockholders’ equity:
Preferred stock, value
Series C Preferred Stock [Member]
Stockholders’ equity:
Preferred stock, value