Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2020	Dec. 31, 2019
ASSETS
Cash and due from banks	$ 5,158,689	$ 4,496,465
Interest-bearing deposits with banks	3,260,000	24,990,000
Total cash and cash equivalents	8,418,689	29,486,465
Available-for-sale securities, at fair value	61,374,800	44,517,178
Loans held for investment	312,839,927	294,660,719
Allowance for loan losses	(3,396,861)	(2,921,931)
Loans held for investment, net	309,443,066	291,738,788
Premises and equipment, net	8,852,926	8,990,955
Operating lease right-of-use assets	1,138,139
Stock in financial institutions, restricted, at cost	4,037,061	4,016,761
Accrued interest receivable	1,335,776	961,105
Deferred income tax asset, net	1,702,078	1,907,876
Bank owned life insurance	10,915,586	10,850,085
Core deposit intangible, net	124,190	133,052
Prepaid and other assets	1,045,645	1,137,090
TOTAL ASSETS	408,387,956	393,739,355
Liabilities
Demand deposits	56,293,286	56,401,370
Savings and NOW deposits	172,840,472	166,107,428
Time deposits	76,985,230	81,387,861
Total deposits	306,118,988	303,896,659
Federal Home Loan Bank advances	50,000,000	40,000,000
Escrows	379,206	254,593
Operating lease liabilities	1,244,187
Accrued interest and other liabilities	4,343,907	4,271,437
Accrued interest and other liabilities - discontinued operations	182,777	233,427
Total liabilities	362,269,065	348,656,116
Commitments and contingencies (note 5)
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 3,208,618 issued and outstanding.	32,086	32,086
Additional paid-in capital	23,249,796	23,168,176
Retained earnings	23,276,758	23,157,134
Accumulated other comprehensive income (loss), net of tax	1,126,862	307,255
Unearned employee stock ownership plan (ESOP) shares	(1,566,611)	(1,581,412)
Total stockholders’ equity	46,118,891	45,083,239
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 408,387,956	$ 393,739,355