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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 151,787 $ 166,591
Interest-bearing deposits in other financial institutions 100 100
Securities available for sale 10,442 16,347
Equity securities 5,000 5,000
Loans held for sale, at fair value 580 27,988
Loans and leases, net of allowance of $16,062 and $15,508 1,572,255 1,214,149
FHLB and FRB stock 7,942 7,315
Premises and equipment, net 3,778 5,869
Other assets held for sale 1,930  
Operating lease right-of-use assets 1,357 1,925
Bank owned life insurance 25,641 25,743
Accrued interest receivable and other assets 39,362 24,562
Total assets 1,820,174 1,495,589
Deposits    
Noninterest bearing 263,241 284,935
Interest bearing 1,264,681 961,417
Total deposits 1,527,922 1,246,352
FHLB advances and other debt 109,461 89,727
Advances by borrowers for taxes and insurance 3,513 2,752
Operating lease liabilities 1,438 2,032
Accrued interest payable and other liabilities 23,670 14,513
Subordinated debentures 14,922 14,883
Total liabilities 1,680,926 1,370,259
Commitments and contingent liabilities
Stockholders' equity    
Additional paid-in capital 89,813 88,528
Retained earnings 61,095 44,084
Accumulated other comprehensive loss (2,037) (170)
Treasury stock, at cost; 365,165 shares of voting common stock at December 31, 2022 and 246,432 shares of voting common stock at December 31, 2021 (9,692) (7,180)
Total stockholders' equity 139,248 125,330
Total liabilities and stockholder's equity 1,820,174 1,495,589
Common Stock [Member]    
Stockholders' equity    
Common stock 56 55
Non-Voting Common Stock [Member]    
Stockholders' equity    
Common stock 13 13
Series C Preferred Stock [Member]    
Stockholders' equity    
Preferred stock