CONSOLIDATED STATEMENTS OF CASH FLOWS $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)
Cash Flows from Operating Activities:
Net income	$ 9,038	$ 6,966
Adjustments to reconcile net income to net cash provided by operating activities:
Net accretion of securities premiums and discounts, net	(8)	(3)
Provision for loan losses		17
Depreciation	599	568
Net amortization of deferred loan fees and costs	277	23
Deferred income tax (benefit) expense	(785)	745
Unrealized loss recognized on equity securities	1,064	62
Earnings on bank owned life insurance	(297)	(295)
Gain on dispositions of premises and equipment	(46)	(7)
ESOP compensation expense	504	202
(Increase) decrease in accrued interest receivable	(949)	219
Decrease (increase) in other assets	280	(1,193)
(Decrease) increase in accounts payable - loan closing	(1,614)	222
Decrease in accounts payable and accrued expenses	(784)	(347)
Net Cash Provided by Operating Activities	7,279	7,179
Cash Flows from Investing Activities:
Net increase in loans	(52,919)	(8,669)
Proceeds from sale of loan	2,053	3,148
Principal repayments on securities held-to-maturity	737	793
Purchase of securities held-to-maturity	(10,038)	(4,250)
Net redemptions of restricted stock	331	26
Purchases of premises and equipment	(2,861)	(5,073)
Net Cash Used in Investing Activities	(62,697)	(14,025)
Cash Flows from Financing Activities:
Net increase in deposits	1,436	27,098
Repayment of FHLB of NY advances	(7,000)
Issuance of common stock funded by stock subscriptions		74,933
Decrease in advance payments by borrowers for taxes and insurance	(147)	(246)
Cash dividends paid	(4,913)	(295)
Net Cash (Used in) Provided by Financing Activities	(10,624)	101,490
Net (Decrease) Increase in Cash and Cash Equivalents	(66,042)	94,644
Cash and Cash Equivalents-Beginning	152,269	69,191
Cash and Cash Equivalents-Ending	86,227	163,835
Supplementary Cash Flows Information:
Income taxes paid	2,635	1,936
Interest paid	2,592	$ 2,770
Supplementary Disclosure of Non-Cash Investing and Financing Activities:
Dividends declared and not paid	$ 983