Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 4,783	$ 3,786
Short-term investments	114,847	115,250
Total cash and cash equivalents	119,630	119,036
Interest-bearing time deposits	200	0
Investments in available-for-sale securities, at fair value (amortized cost of $4,175 at September 30, 2024 and $5,000 at December 31, 2023)	4,163	5,003
Investments in held-to-maturity securities, at amortized cost (fair values of $72,841 at September 30, 2024 and $70,590 at December 31, 2023)	77,233	76,979
Loans held-for-sale	703	0
Loans, net of allowance for credit losses of $9,068 at September 30, 2024 and $8,591 at December 31, 2023	1,114,943	1,039,789
Federal Home Loan Bank stock, at cost	9,850	9,892
Premises and equipment, net	3,587	3,754
Accrued interest receivable	4,164	3,766
Deferred tax asset, net	5,592	4,767
Bank-owned life insurance	14,825	14,472
Other assets	3,064	2,877
Total assets	1,357,954	1,280,335
Deposits:
Noninterest-bearing	74,059	78,342
Interest-bearing	870,266	789,872
Total deposits	944,325	868,214
Federal Home Loan Bank advances	234,000	234,000
Other liabilities	13,580	13,220
Total liabilities	1,191,905	1,115,434
Shareholders' Equity:
Preferred Stock, par value $0.01; Authorized: 1,000,000 shares; Issued and outstanding: 0 shares
Common Stock, par value $0.01; Authorized: 30,000,000 shares; Issued and outstanding: 9,152,280 shares and 9,291,810 shares, respectively	92	93
Additional paid-in capital	86,670	87,431
Retained earnings	86,399	83,854
Accumulated other comprehensive (loss) income	(781)	129
Unallocated common shares held by the Employee Stock Ownership Plan	(6,331)	(6,606)
Total shareholders' equity	166,049	164,901
Total liabilities and shareholders' equity	$ 1,357,954	$ 1,280,335