Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
ASSETS:
Cash and due from banks	$ 16,686	$ 4,539
Federal funds sold	215,696	465,917
Total cash and cash equivalents	232,382	470,456
Available for sale, at fair value	47,012	74,892
Held to maturity, at amortized cost	108,866	28,386
Total investment securities	155,878	103,278
Loans, net of allowance for losses of $17,005 and $14,081 at December 31, 2022 and December 31, 2021, respectively	1,578,456	1,364,256
Premises and equipment, net	3,072	4,405
Bank owned life insurance (BOLI)	25,127	24,412
Goodwill and other intangible assets	7,472	7,513
Accrued interest receivable and other assets	39,828	40,676
Total assets	2,042,215	2,014,996
Deposits
Non-interest bearing	811,671	771,205
Interest bearing	980,069	908,933
Total deposits	1,791,740	1,680,138
Other borrowings	0	106,387
Junior Subordinated debt securities	54,152	54,028
Accrued interest payable and other liabilities	24,069	23,689
Total liabilities	1,869,961	1,864,242
Commitments and Contingencies (Note 7)
Shareholders' equity
Common stock, no par value; 40,000,000 shares authorized; 8,332,479 and 8,264,300 issued and outstanding at December 31, 2022 and December 31, 2021, respectively	111,257	109,473
Retained earnings	62,297	41,189
Accumulated other comprehensive (loss) income, net of taxes	(1,300)	92
Total shareholders' equity	172,254	150,754
Total liabilities and shareholders' equity	$ 2,042,215	$ 2,014,996