Consolidated Balance Sheets - USD ($)	Jun. 30, 2022	Dec. 31, 2021
ASSETS
Cash and due from banks	$ 48,455,848	$ 31,890,831
Federal funds sold	10,000,000	10,000,000
Cash and cash equivalents	58,455,848	41,890,831
Certificates of deposit with other banks	2,486,000	3,451,000
Investment securities available-for-sale	46,243,167	45,631,636
Other investments	925,700	190,700
Mortgage loans held for sale	1,534,395	2,844,707
Loans, net	300,341,737	266,304,448
Premises and equipment, net	3,138,485	3,224,889
Other real estate owned	1,115,100	1,115,100
Bank owned life insurance	11,302,533	11,166,573
Accrued interest receivable and other assets	5,811,738	5,122,263
Total Assets	431,354,703	380,942,147
Deposits:
Demand	67,165,621	35,939,917
Interest-bearing demand	164,769,952	146,831,902
Savings	34,783,514	34,014,635
Certificates of deposit	73,620,043	72,530,254
Total deposits	340,339,130	289,316,708
Accrued interest payable and other liabilities	5,485,320	4,812,858
Total liabilities	345,824,450	294,129,566
Commitments
Shareholders' Equity:
Common stock, $.01 par value, 20,000,000 shares authorized as of June 30, 2022 and December 31, 2021; 4,898,350 shares issued and outstanding as of June 30, 2022 and December 31, 2021	48,984	48,984
Additional paid in capital	47,481,077	47,481,077
Retained earnings	45,659,139	44,613,668
Accumulated other comprehensive loss	(3,936,200)	(1,608,401)
Unearned ESOP shares 372,275 shares unallocated at June 30, 2022 and and December 31, 2021	(3,722,747)	(3,722,747)
Total shareholders' equity	85,530,253	86,812,581
Total Liabilities and Shareholders' Equity	$ 431,354,703	$ 380,942,147