Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
ASSETS
Cash and due from banks	$ 6,810,445	$ 4,496,465
Interest-bearing deposits with banks	10,635,000	24,990,000
Total cash and cash equivalents	17,445,445	29,486,465
Available-for-sale securities, at fair value	63,568,281	44,517,178
Loans held for investment	351,347,449	294,660,719
Allowance for loan losses	(3,975,620)	(2,921,931)
Loans held for investment, net	347,371,829	291,738,788
Premises and equipment, net	8,555,144	8,990,955
Operating lease right-of-use assets	1,227,981
Stock in financial institutions, restricted, at cost	4,052,961	4,016,761
Accrued interest receivable	1,723,368	961,105
Deferred income tax asset, net	1,725,312	1,907,876
Bank owned life insurance	10,980,816	10,850,085
Core deposit intangible, net	115,328	133,052
Prepaid and other assets	1,249,765	1,137,090
TOTAL ASSETS	458,016,230	393,739,355
Liabilities
Demand deposits	71,746,775	56,401,370
Savings and NOW deposits	181,434,344	166,107,428
Time deposits	77,753,625	81,387,861
Total deposits	330,934,744	303,896,659
Federal Home Loan Bank advances	75,000,000	40,000,000
Escrows	258,140	254,593
Operating lease liabilities	1,325,960
Accrued interest and other liabilities	4,680,197	4,271,437
Accrued interest and other liabilities - discontinued operations	169,380	233,427
Total liabilities	412,368,421	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, 3,199,913 and 3,208,618 issued and outstanding.	31,999	32,086
Additional paid-in capital	23,215,821	23,168,176
Retained earnings	23,620,996	23,157,134
Accumulated other comprehensive income	330,803	307,255
Unearned employee stock ownership plan (ESOP) shares	(1,551,810)	(1,581,412)
Total stockholders’ equity	45,647,809	45,083,239
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 458,016,230	$ 393,739,355