Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 78,042	$ 11,507
Fed funds sold	856	200
Cash and cash equivalents	78,898	11,707
Available for sale securities, stated at fair value	58,428	71,375
Marketable equity securities, stated at fair value	2,693	2,553
Loans held for sale	5,062	685
Loans, net of allowance for loan losses of $2,650 and $2,000 respectively	328,820	310,674
Premises and equipment, net	6,380	6,681
Mortgage servicing rights, net	1,615	2,172
Federal Home Loan Bank stock, at cost	3,032	913
Accrued interest receivable	997	963
Cash value of life insurance	13,384	13,085
Other assets	5,543	7,201
TOTAL ASSETS	504,852	428,009
Liabilities and Stockholders' Equity
Deposits	354,985	344,596
Advance payments by borrowers for taxes and insurance	11,428	1,681
Federal Home Loan Bank advances	68,884	17,623
Accrued interest payable	208	385
Other liabilities	9,707	5,059
Total liabilities	445,212	369,344
Common stock (par value $0.01 per share) Authorized - 90,000,000 shares at September 30, 2020 and December 31, 2019 Issued - 4,876,677 at September 30, 2020 and December 31, 2019 Outstanding - 4,769,952 at September 30, 2020 and 4,876,677 at December 31, 2019	49	49
Additional paid-in capital	20,076	19,981
Unallocated common stock of Employee Stock Ownership Plan, 163,242 and 168,507 shares at September 30, 2020 and December 31, 2019, respectively	(1,632)	(1,685)
Less treasury stock, 124,225 and 0 shares at cost, at September 30, 2020 and December 31, 2019, respectively	(1,199)
Retained earnings	41,106	40,213
Accumulated other comprehensive income, net of income taxes	1,240	107
Total stockholders' equity	59,640	58,665
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 504,852	$ 428,009