Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Assets
Cash and due from banks	$ 15,722	$ 52,483
Fed funds sold	327	14,519
Cash and cash equivalents	16,049	67,002
Available for sale securities, stated at fair value	47,472	48,398
Loans held for sale	0	500
Loans, net of allowance for loan and lease losses of $2,530 and $2,430, respectively	228,300	222,104
Premises and equipment, net	6,684	5,506
Other equity investments	1,463	1,353
Accrued interest receivable	901	813
Cash value of life insurance	10,238	10,029
Other assets	2,676	1,372
TOTAL ASSETS	313,783	357,077
Liabilities and Equity
Deposits	233,954	255,250
Advance payments by borrowers for taxes and insurance	1,313	102
FHLB advances	0	6,500
Accrued interest payable	139	7
Other liabilities	917	1,246
Total liabilities	236,323	263,105
Preferred stock ($0.01 par value, 50,000,000 authorized, no shares issued or outstanding as of September 30, 2022 and December 31, 2021, respectively)
Common stock ($0.01 par value, 100,000,000 authorized, 5,565,823 and 6,734,970 issued and outstanding as of September 30, 2022 and December 31, 2021, respectively)	55	67
Additional paid in capital	44,075	58,273
Unallocated common stock of Employee Stock Ownership Plan ("ESOP") (527,568 and 550,509 shares at September 30, 2022 and December 31, 2021, respectively)	(5,276)	(5,506)
Retained earnings	42,081	40,365
Accumulated other comprehensive income (loss), net of income taxes	(3,475)	773
Total equity	77,460	93,972
TOTAL LIABILITIES AND EQUITY	$ 313,783	$ 357,077