CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
ASSETS
Cash and due from banks	$ 15,531	$ 13,519
Interest-bearing deposits in banks	91,633	35,220
Investment securities available for sale, at fair value	317,520	315,580
Loans held for sale	4,531	503
Loans receivable (net of allowance for loan losses of $10,830 and $9,628)	899,154	878,437
Federal Home Loan Bank (FHLB) stock, at cost	7,581	6,034
Accrued interest receivable	4,124	3,931
Premises and equipment, net	14,231	14,342
Mortgage servicing rights, net	843	871
Bank-owned life insurance, net	30,355	30,027
Prepaid expenses and other assets	11,436	8,872
Total assets	1,396,939	1,307,336
LIABILITIES AND SHAREHOLDERS' EQUITY
Deposits	1,063,905	1,001,645
Borrowings	150,021	112,930
Accrued interest payable	194	373
Accrued expenses and other liabilities	15,225	14,392
Advances from borrowers for taxes and insurance	443	1,145
Total liabilities	1,229,788	1,130,485
Shareholders' Equity
Preferred stock, $0.01 par value, authorized 5,000,000 shares, no shares issued or outstanding	0	0
Common stock, $0.01 par value, authorized 75,000,000 shares; issued and outstanding 10,432,963 shares at March 31, 2020, and 10,731,639 shares at December 31, 2019	104	107
Additional paid-in capital	99,479	102,017
Retained earnings	85,549	86,156
Accumulated other comprehensive loss, net of tax	(8,256)	(1,539)
Unearned employee stock ownership plan (ESOP) shares	(9,725)	(9,890)
Total shareholders' equity	167,151	176,851
Total liabilities and shareholders' equity	$ 1,396,939	$ 1,307,336