CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Assets
Cash and due from banks	$ 4,101	$ 1,746
Fed funds sold	35,276	2,742
Cash and cash equivalents	39,377	4,488
Available for sale securities, stated at fair value	48,179	43,751
Loans held for sale	200	679
Loans, net of allowance for loan and lease losses of $2,264 and $2,118, respectively	189,291	198,694
Premises and equipment, net	4,807	5,057
Foreclosed assets	84	69
Other equity investments	780	739
Accrued interest receivable	725	768
Cash value of life insurance	7,068	7,007
Other assets	1,707	1,474
TOTAL ASSETS	292,218	262,726
Liabilities and Equity
Deposits	217,252	183,205
Advance payments by borrowers for taxes and insurance	46	55
FHLB advances	11,500	17,750
Accrued interest payable	51	70
Other liabilities	1,499	1,284
Total liabilities	230,348	202,364
Preferred stock ($0.01 par value, 1,000,000 authorized, no shares issued or outstanding as of December 31, 2019 and 2018, respectively)
Common stock ($0.01 par value, 19,000,000 shares authorized, 6,706,742 and 6,696,742 shares issued, 6,566,478 and 6,696,742 shares outstanding as of December 31, 2019 and 2018, respectively)	67	67
Additional paid in capital	28,672	28,326
Unallocated common stock of Employee Stock Ownership Plan ("ESOP") (230,343 and 243,303 shares at December 31, 2019 and 2018, respectively)	(2,303)	(2,433)
Retained earnings	36,551	34,995
Accumulated other comprehensive income (loss), net of income taxes	344	(593)
Less treasury stock, 140,264 and 0 shares at cost, at December 31, 2019 and 2018, respectively	(1,461)
Total equity	61,870	60,362
TOTAL LIABILITIES AND EQUITY	$ 292,218	$ 262,726