Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Interest bearing cash and cash equivalents	$ 229	$ 434
Non-interest bearing cash and cash equivalents	4,157	5,986
Federal funds sold	8,650	30,225
Total cash and cash equivalents	13,036	36,645
Securities available for sale	28,356	29,796
Equity securities	0	479
Loans, net of allowance of $3,271 and $2,841, as ofDecember 31, 2023 and 2022	339,402	329,943
Premises and equipment, net	13,957	10,851
Foreclosed real estate	0	50
Accrued interest receivable	1,260	1,162
Restricted equity securities	2,782	2,033
Bank owned life insurance	9,239	8,964
Deferred tax asset, net	2,440	2,194
Other assets	1,169	1,112
Total assets	411,641	423,229
Deposits
Non-interest bearing	12,297	16,281
Interest bearing	256,704	276,668
Total deposits	269,001	292,949
Federal Home Loan Bank advances	35,000	25,000
Accrued interest payable	239	155
Other liabilities	5,666	4,943
Total liabilities	309,906	323,047
Shareholders’ equity
Common stock, $0.01 par value; 50,000,000 and 20,000,000 shares authorized; 7,301,282 and 7,394,615 shares outstanding at December 31, 2023 and December 31, 2022	71	74
Additional paid-in capital	48,081	50,161
Retained earnings	59,344	56,561
Accumulated other comprehensive income (loss)	(2,913)	(3,558)
Unearned ESOP shares, at cost	(2,848)	(3,056)
Total shareholders’ equity	101,735	100,182
Total liabilities and shareholders’ equity	$ 411,641	$ 423,229