CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 82,972	$ 115,459
Available-for-sale debt securities, at fair value	209,809	150,444
Other investments	12,098	10,999
Loans held for sale	44,335	89,428
Loans receivable, net of allowance of $19,241 in 2022 and $16,123 in 2021	1,659,051	1,297,896
Premises and equipment, net	4,400	4,355
Accrued interest receivable, net of allowance of $0 in 2022 and $205 in 2021	7,180	4,579
Servicing assets	12,759	12,720
Company owned life insurance	21,613	11,134
Deferred tax assets, net	14,316	8,409
Operating right-of-use assets	9,097	8,905
Other assets	16,867	12,363
Total assets	2,094,497	1,726,691
Deposits:
Noninterest bearing	701,584	774,754
Interest bearing:
Money market and others	526,321	380,226
Time deposits greater than $250	356,197	207,288
Other time deposits	301,669	171,798
Total deposits	1,885,771	1,534,066
Accrued interest payable	2,771	558
Operating lease liabilities	10,213	10,307
Other liabilities	18,826	16,538
Total liabilities	1,917,581	1,561,469
Shareholders’ equity
Preferred stock no par value; 10,000,000 shares authorized; no shares issued or outstanding in 2022 and 2021	0	0
Common stock – no par value; 50,000,000 shares authorized; 15,270,344 and 15,137,808 shares issued and outstanding in 2022 and 2021, respectively	79,326	78,718
Additional paid-in capital	9,743	8,645
Retained earnings	105,690	79,056
Accumulated other comprehensive loss	(17,843)	(1,197)
Total shareholders’ equity	176,916	165,222
Total liabilities and shareholders' equity	$ 2,094,497	$ 1,726,691