Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
ASSETS
Cash and cash equivalents		$ 2,213	$ 3,136
Federal funds sold		59,725	57,225
Total cash and cash equivalents		61,938	60,361
Securities available for sale		21,313	18,875
Loans held for sale		0	173
Loans, net of allowance of $2,406 and $2,361, as of December 31, 2021 and 2020		252,160	231,799
Premises and equipment, net		9,484	8,576
Foreclosed real estate		400	434
Accrued interest receivable		775	1,001
Restricted equity securities		859	2,541
Bank owned life insurance		5,737	5,657
Deferred tax asset, net		1,323	854
Other assets		720	1,125
Total assets		354,709	331,396
Deposits
Non-interest bearing		13,349	14,375
Interest bearing		218,672	202,588
Total deposits		232,021	216,963
Federal Home Loan Bank advances		18,500	53,500
Accrued interest payable		60	100
Other liabilities		4,394	3,958
Total liabilities		254,975	274,521
Shareholders’ equity
Common stock, $0.01 par value; 20,000,000 shares authorized; 7,405,893 and 6,959,974 shares outstanding at December 31, 2021 and December 31, 2020	[1]	74	24
Additional paid-in capital		49,674	6,687
Retained earnings		53,267	49,679
Accumulated other comprehensive income		277	542
Unearned ESOP shares, at cost		(3,558)	(57)
Total shareholders’ equity		99,734	56,875
Total liabilities and shareholders’ equity		$ 354,709	$ 331,396

[1] Share amounts related to the periods prior to the July 15, 2021 closing of the conversion offering have been restated to give retroactive recognition to the 2.8409 exchange ratio applied in the conversion offering (see Note 1).