CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 8,662	$ 11,990
Short-term investments	25,760	47,668
Cash and cash equivalents	34,422	59,658
Debt securities available-for-sale (at fair value)	39,081	41,790
Federal Home Loan Bank stock, at cost	2,736	1,416
Loans, net of allowance for loan losses of $16,674 and $13,844 as of March 31, 2020 and December 31, 2019, respectively	1,129,282	959,286
Bank owned life insurance	27,104	26,925
Premises and equipment, net	14,934	14,728
Accrued interest receivable	3,236	2,854
Right-of-use assets	4,375	3,713
Other assets	11,385	11,418
Total assets	1,266,555	1,121,788
Deposits:
Noninterest-bearing	244,728	222,088
Interest-bearing	648,804	627,817
Total deposits	893,532	849,905
Borrowings	125,010	24,998
Operating lease liabilities	4,555	3,877
Other liabilities	10,800	12,075
Total liabilities	1,033,897	890,855
Shareholders' equity:
Preferred stock; authorized 50,000 shares: no shares issued and outstanding
Common stock, $0.01 par value, 100,000,000 shares authorized; 19,476,248 and 19,473,818 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively	195	195
Additional paid-in capital	146,500	146,174
Retained earnings	95,390	94,159
Accumulated other comprehensive income	441	458
Unearned compensation - ESOP	(9,868)	(10,053)
Total shareholders' equity	232,658	230,933
Total liabilities and shareholders' equity	$ 1,266,555	$ 1,121,788