Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
ASSETS
Interest bearing cash and cash equivalents	$ 602	$ 746
Non-interest bearing cash and cash equivalents	3,218	1,467
Federal funds sold	34,850	59,725
Total cash and cash equivalents	38,670	61,938
Securities available for sale	27,090	21,313
Equity securities	994	0
Loans, net of allowance of $2,446 and $2,406 respectively	267,527	252,160
Loans held for sale	238	0
Premises and equipment, net	9,643	9,484
Foreclosed real estate	74	400
Accrued interest receivable	849	775
Restricted equity securities	176	859
Bank owned life insurance	5,774	5,737
Deferred tax asset, net	1,710	1,323
Other assets	739	720
Total assets	353,484	354,709
Deposits
Non-interest bearing	16,078	13,349
Interest bearing	234,292	218,672
Total deposits	250,370	232,021
Federal Home Loan Bank advances	0	18,500
Accrued interest payable	7	60
Other liabilities	4,515	4,394
Total liabilities	254,892	254,975
Shareholders' equity
Common stock, $0.01 par value; 50,000,000 and 20,000,000 shares authorized; 7,405,893 and 6,959,974 shares outstanding at September 30, 2021 and December 31, 2020	74	74
Additional paid-in capital	49,813	49,674
Retained earnings	53,388	53,267
Accumulated other comprehensive income (loss)	(1,162)	277
Unearned ESOP shares, at cost	(3,521)	(3,558)
Total shareholders' equity	98,592	99,734
Total liabilities and shareholders' equity	$ 353,484	$ 354,709