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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Cash Flows from Operating Activities:      
Net income $ 800,000 $ 854,000  
Adjustments to reconcile net income to net cash used in operating activities:      
Amortization and accretion of investment premiums and discounts, net (17,000) 89,000  
Amortization and accretion of purchase loan premiums and discounts, net 639,000 285,000  
Amortization of debt issuance costs 9,000 28,000  
Amortization of core deposit intangible 12,000 12,000  
Amortization of servicing assets of sold SBA loans 10,000 6,000  
Depreciation and amortization 323,000 384,000  
Share-based compensation 21,000 34,000  
Decrease in deferred income taxes 298,000 281,000  
Originations of SBA loans held for sale (5,057,000) (2,805,000)  
Proceeds from sale of SBA loans held for sale 2,574,000 1,006,000  
Gains on sale of SBA loans held for sale, net (208,000) (94,000)  
Net gain on sale and write-down of other real estate owned 0 (2,000)  
Changes in assets and liabilities:      
Decrease in accrued interest and dividends receivable 226,000 350,000  
Increase in other assets (2,520,000) (1,025,000)  
Decrease in accrued expenses and other liabilities (1,430,000) (237,000)  
Net cash used in operating activities (4,320,000) (834,000)  
Cash Flows from Investing Activities:      
Proceeds from maturity or sales on available-for-sale securities 2,500,000 1,886,000  
Principal repayments on available-for-sale securities 2,209,000 3,066,000  
Purchases of available-for-sale securities (1,000,000) (13,901,000)  
(Purchases) redemptions of Federal Reserve Bank stock (26,000) 39,000  
Decrease in originated loans receivable, net 4,312,000 69,366,000  
Purchases of loans receivable (39,022,000) (16,041,000)  
Purchases of premises and equipment (91,000) (178,000)  
Proceeds from sale of other real estate owned 0 692,000  
Net cash (used in) provided by investing activities (31,118,000) 44,929,000  
Cash Flows from Financing Activities:      
Increase in deposits 31,287,000 7,222,000  
Principal repayments of note payable (51,000) (51,000)  
Decrease (increase) in advances from borrowers for taxes and insurance 1,473,000 (1,628,000)  
Net cash provided by financing activities 32,709,000 5,543,000  
Net (decrease) increase in cash and cash equivalents (2,729,000) 49,638,000  
Cash and cash equivalents at beginning of period 47,045,000 34,636,000 $ 34,636,000
Cash and cash equivalents at end of period 44,316,000 84,274,000 $ 47,045,000
Supplemental Disclosures of Cash Flow Information:      
Cash paid for interest 1,247,000 1,836,000  
Cash paid for income taxes 0 47,000  
Non-cash transactions:      
Increase in premises and equipment 0 (130,000)  
Reclass of premises and equipment to implementation cost 0 52,000  
Increase in accrued expense and other liabilities 0 78,000  
Capitalized servicing assets 52,000 17,000  
Operating lease right-of-use assets/ lease liabilites 61,000 0  
(Decrease) increase in interest rate swaps (405,000) 396,000  
Capital raise deferred costs 863,000 0  
SBA Loans [Member]      
Non-cash transactions:      
Transfers of SBA loans held for sale to loans receivable $ 0 $ 281,000