Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Interest bearing cash and cash equivalents	$ 173	$ 229
Non-interest bearing cash and cash equivalents	3,655	4,157
Federal funds sold	13,525	8,650
Total cash and cash equivalents	17,353	13,036
Securities available for sale	27,722	28,356
Loans, net of allowance of $2,937 and $3,271 respectively	343,392	339,402
Premises and equipment, net	15,362	13,957
Accrued interest receivable	1,299	1,260
Restricted equity securities	3,257	2,782
Bank owned life insurance	9,311	9,239
Deferred tax asset, net	2,471	2,440
Other assets	563	1,169
Total assets	420,730	411,641
Deposits
Non-interest bearing	13,423	12,297
Interest bearing	255,015	256,704
Total deposits	268,438	269,001
Federal Home Loan Bank advances	45,000	35,000
Accrued interest payable	381	239
Other liabilities	5,578	5,666
Total liabilities	319,397	309,906
Shareholders' equity
Common stock, $0.01 par value; 50,000,000 shares authorized; 7,265,689 and 7,301,282 and shares outstanding at March 31, 2024 and Decemeber 31, 2023	71	71
Additional paid-in capital	47,972	48,081
Retained earnings	59,182	59,344
Accumulated other comprehensive loss	(3,076)	(2,913)
Unearned ESOP shares, at cost	(2,816)	(2,848)
Total shareholders' equity	101,333	101,735
Total liabilities and shareholders' equity	$ 420,730	$ 411,641