Consolidated Balance Sheets - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Assets
Cash and due from banks	$ 7,782,348	$ 8,473,558
Interest-bearing demand deposits	8,139,745	14,564,587
Cash and cash equivalents	15,922,093	23,038,145
Interest-bearing time deposits	490,000	0
Investment securities - available for sale	284,899,665	357,537,845
Investment securities - held to maturity	6,672,233	9,040,825
Loans held for sale	473,700	557,500
Loans and leases, net of allowance for losses of $12,413,035 and $12,107,590, respectively	961,690,677	832,846,017
Premises and equipment, net	13,668,496	14,347,088
Federal Home Loan Bank stock	9,947,300	9,992,400
Interest receivable	4,710,481	4,192,827
Mortgage-servicing rights	2,011,889	1,646,509
Cash surrender value of life insurance	3,674,499	3,619,140
Other assets	24,459,108	10,821,445
Total assets	1,328,620,141	1,267,639,741
Liabilities
Noninterest-bearing deposits	106,414,812	114,302,794
Interest bearing deposits	898,845,958	785,872,606
Total deposits	1,005,260,770	900,175,400
Federal Home Loan Bank advances	180,000,000	180,000,000
Advances by borrowers for taxes and insurance	560,196	531,030
Interest payable	1,369,351	258,032
Other liabilities	8,451,521	6,193,944
Total liabilities	1,195,641,838	1,087,158,406
Commitments and Contingent Liabilities	0	0
Stockholders' Equity
Common stock, $0.01 par value	117,842	124,002
Additional paid-in capital	106,088,897	114,339,810
Retained earnings	88,715,782	80,157,893
Unearned employee stock ownership plan (ESOP)	(12,193,043)	(12,928,359)
Accumulated other comprehensive loss	(49,751,175)	(1,212,011)
Total stockholders' equity	132,978,303	180,481,335
Total liabilities and stockholders' equity	$ 1,328,620,141	$ 1,267,639,741