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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and due from banks, including reserve requirement of $0 at March 31, 2022 and December 31, 2021 $ 14,302 $ 16,239
Interest-earning deposits in other depository institutions 55,596 95,537
Cash and cash equivalents 69,898 111,776
Investment securities available-for-sale 45,911 48,557
Other investments 1,022 2,476
Loans, net 592,887 575,825
Other real estate owned 3,538 3,538
Premises and equipment, net 3,955 3,783
Bank owned life insurance 15,462 15,377
Intangible assets 18,701 18,749
Accrued interest receivable and other assets 8,834 8,007
Total assets 760,208 788,088
Liabilities:    
Savings accounts 86,717 86,745
Interest-bearing checking 95,555 91,387
Market rate checking 151,443 145,969
Non-interest-bearing checking 202,042 193,940
Certificates of deposit 92,288 96,758
Total deposits 628,045 614,799
Federal Home Loan Bank advances 10,000 48,988
Accrued interest payable and other liabilities 5,805 3,333
Total liabilities 643,850 667,120
Stockholders' equity:    
Common stock (par value $0.01 per share, 40,000,000 shares authorized; 6,618,855 issued and outstanding at March 31, 2022 and 6,872,634 issued and outstanding at December 31, 2021 66 69
Preferred stock (10,000,000 shares authorized, no shares outstanding at March 31, 2022 and December 31, 2021
Additional paid in capital 64,241 68,038
Unearned ESOP shares (4,952) (5,004)
Retained earnings 60,014 58,223
Accumulated other comprehensive loss (3,011) (358)
Total stockholders' equity 116,358 120,968
Total liabilities and stockholders' equity $ 760,208 $ 788,088