CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
ASSETS
Cash and due from banks	$ 36,295	$ 24,347
Interest bearing deposits in other financial institutions	27,586	4,093
Federal funds sold	31,230	1,254
Cash and cash equivalents	95,111	29,694
Securities available for sale, at fair value	106,256	51,300
Loans held for sale at fair value	3,555
Loans, less allowance for credit losses of $7,304 at December 31, 2019 and $7,063 at December 31, 2018	986,684	625,513
Accrued interest receivable on loans and investment securities	3,138	2,103
Premises and equipment, at cost, less accumulated depreciation	13,705	10,048
Federal Home Loan Bank stock, at cost	5,180	2,652
Atlantic Central Bankers Bank stock, at cost	131	131
Other investments	2,838	1,537
Deferred tax asset	3,839	4,829
Bank owned life insurance	7,817
Other real estate owned	2,417	3,660
Core deposit intangible	3,373	1,069
Goodwill	9,391	5,237
Other assets	9,235	1,643
Total assets	1,252,670	739,416
Deposits:
Non interest bearing demand	261,631	185,476
NOW	76,947	54,481
Savings and money market	222,975	123,949
Time, $100,000 or more	274,387	115,030
Other time	170,841	135,990
Deposits, Total	1,006,781	614,926
Accrued interest payable on deposits	572	392
Short-term borrowings	48,000	7,000
Long-term borrowings	48,830	43,489
Subordinated notes payable	7,749	6,500
Other liabilities	9,861	1,121
Total liabilities	1,121,793	673,428
COMMITMENTS, CONTINGENCIES & SUBSEQUENT EVENT
STOCKHOLDERS’ EQUITY
Common stock, par value $.01, authorized 20,000,000 shares, issued and outstanding 17,790,181 as of December 31, 2019 and 9,985,321 as of December 31, 2018	178	100
Surplus	87,437	29,470
Retained earnings	41,785	37,149
Noncontrolling interest in consolidated subsidiaries	738
Accumulated other comprehensive income (loss), net of tax	739	(731)
Total stockholders’ equity	130,877	65,988
Total liabilities and stockholders’ equity	$ 1,252,670	$ 739,416