Consolidated Statements of Financial Condition - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Assets
Cash and due from banks	$ 48,931,000	$ 61,827,000	[1]
Federal funds sold	81,669,000	31,372,000	[1]
Cash and cash equivalents	130,600,000	93,199,000	[1]
Investment securities available-for-sale, at fair value	62,631,000	99,913,000	[1]
Investment securities held-to-maturity, at amortized cost	17,642,000	20,349,000	[1]
Restricted securities, at amortized cost	24,325,000	15,609,000
Loans, net of allowance for loan losses of $14,114 and $11,697, respectively	1,579,950,000	1,341,760,000	[1]
Premises and equipment, net	14,709,000	14,863,000	[1]
Other real estate owned, net	0	775,000	[1]
Accrued interest and other receivables	9,581,000	7,701,000	[1]
Computer software, net of amortization	9,149,000	2,493,000	[1]
Bank owned life insurance	37,249,000	36,241,000	[1]
Other assets	39,915,000	14,499,000	[1]
Total Assets	1,925,751,000	1,647,402,000	[1]
Liabilities
Non-interest bearing deposits	550,690,000	530,678,000	[1]
Interest bearing demand deposits	80,099,000	69,232,000	[1]
Savings and NOW deposits	51,419,000	85,175,000	[1]
Money market deposits	222,540,000	267,730,000	[1]
Time deposits	608,141,000	459,148,000	[1]
Total deposits	1,512,889,000	1,411,963,000	[1]
Federal Home Loan Bank advances	100,000,000	0
Subordinated debt, net	72,245,000	29,294,000	[1]
Other liabilities	42,335,000	17,357,000	[1]
Total Liabilities	1,727,469,000	1,458,614,000	[1]
Commitments and contingencies (Note 13)
Stockholders’ Equity
Preferred stock, $1.00 par value, 2,000,000 shares authorized non-cumulative perpetual; 28,750 issued and outstanding as of December 31, 2022 and December 31, 2021	27,263,000	27,263,000
Common stock, $4.00 par value, 10,000,000 shares authorized; issued and outstanding 7,442,743 shares (including 259,036 nonvested shares) for December 31, 2022 and 7,595,781 shares (including 229,257 nonvested shares) for December 31, 2021	28,736,000	29,466,000	[1]
Capital surplus	63,999,000	67,668,000	[1]
Retained earnings	86,830,000	64,194,000	[1]
Accumulated other comprehensive income (loss)	(8,546,000)	197,000	[1]
Total Stockholders’ Equity	198,282,000	188,788,000	[1]
Total Liabilities and Stockholders’ Equity	$ 1,925,751,000	$ 1,647,402,000	[1]

[1] Derived from audited consolidated financial statements.