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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net income $ 7,573 $ 3,088
Adjustments to reconcile net income to net cash provided by operating activities, net of effects of acquisition:    
Depreciation and net amortization 674 697
Stock-based compensation expense 410 298
Deferred income tax (227) (73)
Provision for loan losses 1,075 2,000
ESOP expense 269 82
Net gain on sale of investment securities available-for-sale 0 (20)
Net (gain) loss on sale and writedown of other real estate owned (127) 29
Increase in cash surrender value of bank owned life insurance (366) (397)
Write-down on other real estate 0 260
Loss on writedown of premises and equipment 1,176 0
Change in:    
Accrued interest receivable and other assets 2,757 (4,272)
Accrued interest payable and other liabilities (1,363) (321)
Net cash provided by operating activities 11,851 1,371
Cash flows from investing activities, net of effects of acquisition:    
Purchases of investment securities available-for-sale (29,381) (13,934)
Purchases of premises and equipment (830) (451)
Proceeds from disposal of premises and equipment 0 47
Proceeds from the sale of investment securities available-for-sale 0 1,676
Proceeds from paydowns and maturities of investment securities available-for-sale 3,958 8,430
Purchases of other investments (1,413) (1,358)
Proceeds from sales of other investments 533 1,700
Proceeds from bank owned life insurance death claim 300 0
Net change in loans 15,791 (83,855)
Proceeds from sales of other real estate owned 1,419 111
Net cash paid in business combination 0 (22,749)
Net cash used in investing activities (9,623) (110,383)
Cash flows from financing activities, net of effects of acquisition:    
Net change in demand and savings deposits (25,340) 152,442
Proceeds from FHLB advances 35,000 45,000
Repayment of FHLB advances (5,000) (60,000)
Proceeds from PPPLF borrowings 0 100,813
Repayment of PPPLF borrowings (100,813) 0
Proceeds from holding company loan 0 5,000
Repayment of holding company loan (5,000)  
Net change in repurchase agreements and other borrowings 0 (4,107)
Proceeds from stock offering 37,108 0
Stock offering expenses (1,699) 0
Funding of ESOP (2,961) 0
Net cash (used in) provided by financing activities (68,705) 239,148
Net change in cash and cash equivalents (66,477) 130,136
Cash and cash equivalents at beginning of period 178,253 48,117
Cash and cash equivalents at end of period 111,776 178,253
Supplemental disclosures of cash flow information:    
Cash paid for interest 3,385 5,252
Cash paid for income taxes 2,516 590
Bank property transferred to other real estate owned 3,538 460
Other real estate owned acquired through foreclosure 0 320
Change in unrealized gain on investment securities available-for-sale, net of tax (517) 150
Fair value of assets acquired 0 317,742
Fair value of liabilities assumed 0 288,732
Net assets acquired $ 0 $ 29,010