CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2022	Dec. 31, 2021
ASSETS
Cash and due from banks	$ 8,250,000	$ 6,638,000
Interest bearing time deposits with other banks	747,000	1,245,000
Securities available-for-sale, at fair value	106,100,000	91,365,000
Federal Home Loan Bank stock	3,502,000	1,688,000
Total loans	402,505,000	376,641,000
Less allowance for loan losses	(3,581,000)	(3,590,000)
Net loans	398,924,000	373,051,000
Land, building and equipment, net	4,181,000	4,566,000
Bank-owned life insurance	4,561,000	4,461,000
Accrued interest receivable	1,988,000	1,499,000
Other assets	9,171,000	2,561,000
Total assets	537,424,000	487,074,000
Deposits:
Non-interest bearing deposits	92,757,000	98,624,000
Interest bearing deposits	289,606,000	294,619,000
Total deposits	382,363,000	393,243,000
Advances from Federal Home Loan Bank	99,397,000	29,462,000
Mortgagors’ tax escrow	938,000	652,000
Deferred compensation liability	1,830,000	1,729,000
Other liabilities	3,559,000	1,520,000
Total liabilities	488,087,000	426,606,000
Stockholders' Equity:
Preferred Stock, $.01 par value, 10,000,000 shares authorized, none issued
Common Stock, $.01 par value, 90,000,000 shares authorized; 6,201,770 issued and 6,062,298 outstanding at December 31, 2022; and 6,201,770 issued and 6,123,337 outstanding as of December 31, 2021	62,000	62,000
Additional paid-in capital	26,768,000	26,783,000
Retained earnings	36,248,000	36,813,000
Accumulated other comprehensive (loss) income	(9,727,000)	721,000
Treasury stock, at cost: 137,472 and 78,433 shares as of December 31, 2022 and 2021, respectively	(1,377,000)	(748,000)
Unearned stock compensation	(2,637,000)	(3,163,000)
Total stockholders' equity	49,337,000	60,468,000
Total liabilities and stockholders' equity	$ 537,424,000	$ 487,074,000