Consolidated Balance Sheets - USD ($)	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021
ASSETS
Cash and due from banks	$ 43,419,628	$ 31,890,831
Federal funds sold	10,000,000	10,000,000
Cash and cash equivalents	53,419,628	41,890,831
Certificates of deposit with other banks	3,206,000	3,451,000
Investment securities available-for-sale	48,062,855	45,631,636
Other investments	923,200	190,700
Mortgage loans held for sale	2,539,422	2,844,707
Loans, net	268,503,697	266,304,448
Premises and equipment, net	3,201,049	3,224,889
Other real estate owned	1,115,100	1,115,100
Bank owned life insurance	11,234,520	11,166,573
Accrued interest receivable and other assets	5,702,379	5,122,263
Total Assets	397,907,850	380,942,147
Deposits:
Demand	40,113,668	35,939,917
Interest-bearing demand	159,247,620	146,831,902
Savings	34,724,463	34,014,635
Certificates of deposit	72,749,497	72,530,254
Total deposits	306,835,248	289,316,708
Accrued interest payable and other liabilities	4,883,066	4,812,858
Total liabilities	311,718,314	294,129,566
Commitments
Shareholders' Equity:
Common stock, $.01 par value, 20,000,000 shares authorized as of March 31, 2022 and December 31, 2021; 4,898,350 shares issued and outstanding as of March 31, 2022 and December 31, 2021	48,984	48,984
Additional paid in capital	47,481,077	47,481,077
Retained earnings	45,309,561	44,613,668
Accumulated other comprehensive loss	(2,927,339)	(1,608,401)
Unearned ESOP shares 372,275 shares unallocated at March 31, 2022 and and December 31, 2021	(3,722,747)	(3,722,747)
Total shareholders' equity	86,189,536	86,812,581	$ 40,506,256
Total Liabilities and Shareholders' Equity	$ 397,907,850	$ 380,942,147