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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 65,050 $ 35,363
Other interest bearing deposits 249 249
Securities available for sale "AFS" 173,423 165,991
Securities held to maturity "HTM" 95,301 96,379
Equity investments 2,151 1,794
Other investments 17,428 15,834
Loans receivable 1,420,955 1,411,784
Allowance for credit losses (22,679) (17,939)
Loans receivable, net 1,398,276 1,393,845
Loans held for sale 761 0
Mortgage servicing rights, net 4,120 4,262
Office properties and equipment, net 20,197 20,493
Accrued interest receivable 5,550 5,285
Intangible assets 2,245 2,449
Goodwill 31,498 31,498
Foreclosed and repossessed assets, net 1,113 1,271
Bank owned life insurance ("BOLI") 25,118 24,954
Other assets 18,240 16,719
TOTAL ASSETS 1,860,720 1,816,386
Liabilities:    
Deposits 1,436,793 1,424,720
Federal Home Loan Bank (“FHLB”) and Federal Reserve Bank (“FRB”) advances 182,530 142,530
Other borrowings 67,300 72,409
Other liabilities 9,536 9,639
Total liabilities 1,696,159 1,649,298
Stockholders’ Equity:    
Common stock—$0.01 par value, authorized 30,000,000; 10,482,821 and 10,425,119 shares issued and outstanding, respectively 105 104
Additional paid-in capital 119,327 119,240
Retained earnings 61,720 65,400
Accumulated other comprehensive loss (16,591) (17,656)
Total stockholders’ equity 164,561 167,088
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,860,720 $ 1,816,386