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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities, net of effects of combination:    
Net income $ 3,088 $ 355
Adjustments to reconcile net income to net cash provided by operating activities, net of effects of acquisition:    
Depreciation and amortization 697 885
Stock-based compensation expense 298 278
Deferred income tax (73) 145
Provision for loan losses 2,000 0
ESOP expense 82 122
Net gain on sale of investment securities available-for-sale (20) (147)
Net loss (gain) on sale of other real estate owned 29 (21)
Increase in cash surrender value of life insurance (397) (211)
Write-down on other real estate 260 117
Change in:    
Accrued interest receivable and other assets (4,272) 549
Accrued interest payable and other liabilities (321) (436)
Net cash provided by operating activities 1,371 1,636
Cash flows from investing activities, net of effects of combination:    
Purchases of investment securities available-for-sale (13,934) 0
Purchases of premises and equipment (451) (377)
Proceeds from disposal of premises and equipment 47 0
Proceeds from the sale of investment securities available-for-sale 1,676 16,361
Proceeds from paydowns and maturities of investment securities available-for-sale 8,430 1,596
Proceeds from maturity of investment securities held-to-maturity 0 1,000
Purchases of other investments (1,358) (232)
Proceeds from sales of other investments 1,700 534
Net change in loans (83,855) (20,768)
Proceeds from sales of other real estate owned 111 508
Net cash paid in business combination (22,749) 0
Net cash used in investing activities (110,383) (1,378)
Cash flows from financing activities, net of effects of combination:    
Net change in deposits 152,442 19,000
Proceeds from FHLB advances 45,000 0
Repayment of FHLB advances (60,000) (7,570)
Proceeds from other borrowings 5,000 0
Proceeds from PPPLF 100,813 0
Repayment of repurchase agreements (4,107) 0
Purchase of treasury stock 0 (600)
Net cash provided by financing activities 239,148 10,830
Net change in cash and cash equivalents 130,136 11,088
Cash and cash equivalents at beginning of period 48,117 37,029
Cash and cash equivalents at end of period 178,253 48,117
Supplemental disclosures of cash flow information:    
Cash paid for interest 5,252 2,262
Cash paid for income taxes 590 90
Bank property transferred to other real estate owned 460 0
Other real estate owned acquired through foreclosure 320 236
Change in unrealized gain on investment securities available-for-sale, net of tax 150 450
Fair value of assets acquired 317,742 0
Fair value of liabilities assumed 288,732 0
Net assets acquired $ 29,010 $ 0