CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 13,486	$ 11,990
Short-term investments	33,958	47,668
Cash and cash equivalents	47,444	59,658
Debt securities available-for-sale (at fair value)	34,421	41,790
Federal Home Loan Bank stock, at cost	895	1,416
Loans, net of allowance for loan losses of $17,788 and $13,844 as of September 30, 2020 and December 31, 2019, respectively	1,341,341	959,286
Bank owned life insurance	36,459	26,925
Premises and equipment, net	14,700	14,728
Accrued interest receivable	6,118	2,854
Right-of-use assets	4,297	3,713
Other assets	12,307	11,418
Total assets	1,497,982	1,121,788
Deposits:
Noninterest-bearing	361,091	222,088
Interest-bearing	807,143	627,817
Total deposits	1,168,234	849,905
Borrowings	73,500	24,998
Operating lease liabilities	4,512	3,877
Other liabilities	12,305	12,075
Total liabilities	1,258,551	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; 19,472,310 and 19,473,818 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively	195	195
Additional paid-in capital	147,032	146,174
Retained earnings	100,675	94,159
Accumulated other comprehensive income	1,059	458
Unearned compensation - ESOP	(9,530)	(10,053)
Total shareholders' equity	239,431	230,933
Total liabilities and shareholders' equity	$ 1,497,982	$ 1,121,788