Consolidated Balance Sheets - USD ($)	Dec. 31, 2019	Dec. 31, 2018
ASSETS
Cash and due from banks	$ 4,496,465	$ 6,374,457
Interest-bearing deposits with banks	24,990,000	5,400,000
Total cash and cash equivalents	29,486,465	11,774,457
Available-for-sale securities, at fair value	44,517,178	33,428,658
Loans held for sale - discontinued operations		26,884,014
Loans held for investment	294,660,719	285,691,372
Allowance for loan losses	(2,921,931)	(2,901,091)
Loans held for investment, net	291,738,788	282,790,281
Premises and equipment, net	8,990,955	9,558,943
Premises and equipment, net - discontinued operations		56,683
Stock in financial institutions, restricted, at cost	4,016,761	3,910,361
Accrued interest receivable	961,105	863,513
Accrued interest receivable - discontinued operations		11,527
Deferred income tax asset, net	1,907,876	2,196,928
Bank owned life insurance	10,850,085	10,573,069
Core deposit intangible, net	133,052	172,108
Prepaid and other assets	1,137,090	815,950
Prepaid and other assets - discontinued operations		241,415
TOTAL ASSETS	393,739,355	383,277,907
Liabilities
Demand deposits	56,401,370	45,350,477
Savings and NOW deposits	166,107,428	142,349,920
Time deposits	81,387,861	77,538,576
Total deposits	303,896,659	265,238,973
Federal Home Loan Bank advances	40,000,000	67,000,000
Escrows	254,593	228,816
Escrows - discontinued operations		149,776
Accrued interest and other liabilities	4,271,437	3,520,201
Accrued interest and other liabilities - discontinued operations	233,427	717,407
Total liabilities	348,656,116	336,855,173
Commitments and contingencies (note 12)
Stockholders’ equity
Preferred stock, $0.01 par value, 50,000,000 authorized, none issued and outstanding
Common stock, $0.01 par value, 100,000,000 authorized, 3,208,618 and 3,374,565 issued and outstanding.	32,086	33,746
Additional paid-in capital	23,168,176	25,500,873
Retained earnings	23,157,134	22,928,777
Accumulated other comprehensive income (loss), net of tax	307,255	(396,148)
Unearned employee stock ownership plan (ESOP) shares	(1,581,412)	(1,644,514)
Total stockholders’ equity	45,083,239	46,422,734
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 393,739,355	$ 383,277,907