Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 40,460	$ 11,507
Fed funds sold	1,448	200
Cash and cash equivalents	41,908	11,707
Available for sale securities, stated at fair value	66,905	71,375
Marketable equity securities, stated at fair value	2,044	2,553
Loans held for sale	1,248	685
Loans, net of allowance for loan losses of $2,008 and $2,000 respectively	302,968	310,674
Premises and equipment, net	6,616	6,681
Mortgage servicing rights, net	1,936	2,172
Federal Home Loan Bank stock, at cost	2,503	913
Accrued interest receivable	970	963
Cash value of life insurance	13,184	13,085
Other assets	7,629	7,201
TOTAL ASSETS	447,911	428,009
Liabilities and Stockholders' Equity
Deposits	324,222	344,596
Advance payments by borrowers for taxes and insurance	5,422	1,681
Federal Home Loan Bank advances	55,614	17,623
Accrued interest payable	372	385
Other liabilities	3,610	5,059
Total liabilities	389,240	369,344
Common stock, $0.01 par value, 90,000,000 shares authorized, 4,876,677 shares issued as of March 31, 2020 and December 31, 2019, respectively	49	49
Additional paid-in capital	19,982	19,981
Unallocated common stock of Employee Stock Ownership Plan, 166,752 and 168,507 shares at March 31, 2020 and December 31, 2019, respectively	(1,668)	(1,685)
Less treasury stock, 17,500 and 0 shares at cost, at March 31, 2020 and December 31, 2019, respectively	(175)	0
Retained earnings	40,500	40,213
Accumulated other comprehensive income (loss), net of income taxes	(17)	107
Total stockholders' equity	58,671	58,665
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 447,911	$ 428,009