Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
ASSETS
Noninterest-bearing cash equivalents	$ 2,117	$ 767
Interest-bearing deposits with other institutions	29,332	8,235
Cash and cash equivalents	31,449	9,002
Securities available for sale, at fair value	3,398	79,205
Loans receivable, net of allowance for loan losses of $4,800 at June 30, 2021, and $4,177 at December 31, 2020	409,427	323,214
Investments in restricted bank stock	1,039	2,615
Premises and equipment, net	1,771	1,386
Right-to-Use Asset – Premises	4,428	0
Bank-owned life insurance	4,756	4,688
Goodwill and other intangible assets	1,357	1,371
Deferred tax asset	3,033	98
Accrued interest receivable and other assets	3,772	2,527
TOTAL ASSETS	464,430	424,106
Deposits:
Total deposits	372,053	283,054
Short-Term Borrowings	0	41,667
Other Borrowings	23,087	37,315
Subordinated Debt	19,973	19,970
Operating Lease Liabilities	4,428	0
Accrued interest payable and other liabilities	1,412	1,766
TOTAL LIABILITIES	420,953	383,772
SHAREHOLDERS' EQUITY
Common stock ($0.01 par value; 25,000,000 shares authorized; 4,968,089 and 4,967,089 shares issued and outstanding at June 30, 2021 and December 31, 2020)	50	50
Surplus	50,567	50,516
Accumulated deficit	(7,207)	(10,374)
Accumulated other comprehensive income	67	142
TOTAL SHAREHOLDERS' EQUITY	43,477	40,334
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	464,430	424,106
Demand, noninterest bearing
Deposits:
Total deposits	74,303	42,374
Interest bearing
Deposits:
Total deposits	$ 297,750	$ 240,680