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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 56,887 $ 25,065
Interest-bearing deposits with banks 20,178 7,404
Securities available for sale ("AFS"), at fair value 246,105 208,187
CRA investment fund 4,855 4,669
Other equity securities 207 209
Federal Home Loan Bank ("FHLB") stock - at cost 2,777 3,447
Net loans 1,594,075 1,445,109
Goodwill 10,835 10,835
Premises and equipment, net 20,271 21,662
Premises and equipment held for sale 430 430
Other real estate owned ("OREO") 3,109 7,773
Accrued interest receivable 8,717 5,019
Investment in bank owned life insurance 38,061 37,180
Core deposit intangible 1,527 2,118
Net deferred tax assets 7,909 6,168
Right of use assets - operating leases 7,831 8,382
Other assets 2,665 3,879
Total Assets 2,026,439 1,797,536
Deposits    
Non-interest-bearing deposits 362,079 241,174
Interest-bearing deposits 1,383,523 1,270,663
Total deposits 1,745,602 1,511,837
Short-term borrowings 0 5,000
Long-term debt 27,302 40,370
Guaranteed preferred beneficial interest in junior subordinated debentures 12,000 12,000
Subordinated notes - 4.75% and 6.25%, respectively 19,526 23,000
Lease liabilities - operating leases 8,088 8,495
Accrued expenses and other liabilities 15,908 15,340
Total Liabilities 1,828,426 1,616,042
Stockholders' Equity    
Common stock - par value $0.01; authorized - 15,000,000 shares; issued 5,903,613 and 5,900,249 shares, respectively 59 59
Additional paid in capital 95,965 95,474
Retained earnings 97,944 85,059
Accumulated other comprehensive income 4,504 1,504
Unearned ESOP shares (459) (602)
Total Stockholders' Equity 198,013 181,494
Total Liabilities and Stockholders' Equity 2,026,439 1,797,536
U.S. Small Business Administration ("SBA") Paycheck Protection Program ("PPP") loans    
Assets    
Net loans 107,960 0
Portfolio Loans    
Assets    
Net loans $ 1,486,115 $ 1,445,109