Affinity Bancshares (AFBI) 10-K 18 Mar 22 2021 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Mar. 16, 2022	Jun. 30, 2021
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Trading Symbol	AFBI
Entity Registrant Name	Affinity Bancshares, Inc.
Entity Central Index Key	0001823406
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Common Stock, Shares Outstanding		6,636,093
Entity Public Float			$ 89.1
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
ICFR Auditor Attestation Flag	false
Entity Shell Company	false
Entity Voluntary Filers	No
Entity File Number	001-39914
Entity Tax Identification Number	86-1339773
Entity Address, Address Line One	3175 Highway 278
Entity Address, City or Town	Covington
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	30014
City Area Code	770
Local Phone Number	786-7088
Entity Interactive Data Current	Yes
Title of 12(b) Security	Common Stock, par value $0.01 per share
Entity Incorporation, State or Country Code	MD
Document Annual Report	true
Document Transition Report	false
Security Exchange Name	NASDAQ
Documents Incorporated by Reference	1. Portions of the Proxy Statement for the 2022 Annual Meeting of Stockholders. (Part III)
Auditor Name	Wipfli LLP
Auditor Location	Atlanta, Georgia
Auditor Firm ID	344

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
Assets
Cash and due from banks, including reserve requirement of $0 at December 31, 2021 and 2020		$ 16,239	$ 5,552
Interest-earning deposits in other depository institutions		95,537	172,701
Cash and cash equivalents		111,776	178,253
Investment securities available-for-sale		48,557	24,005
Other investments		2,476	1,596
Loans, net		575,825	592,254
Other real estate owned		3,538	1,292
Premises and equipment, net		3,783	8,617
Bank owned life insurance		15,377	15,311
Intangible assets		18,749	18,940
Accrued interest receivable and other assets		8,007	10,360
Total assets		788,088	850,628
Liabilities :
Savings accounts		86,745	96,591
Interest-bearing checking		91,387	129,813
Market rate checking		145,969	121,317
Noninterest-bearing checking		193,940	160,819
Certificate of deposits		96,758	131,625
Total deposits		614,799	640,165
Federal Home Loan Bank (FHLB) advances		48,988	19,117
Paycheck Protection Program Liquidity Facility (PPPLF) borrowings			100,813
Other borrowings			5,000
Accrued interest payable and other liabilities		3,333	4,748
Total liabilities		667,120	769,843
Commitments
Stockholders' equity:
Common stock (par value $0.01 per share, 40,000,000 shares authorized, 6,872,634 issued and outstanding at December 31, 2021 and 19,000,000 shares authorized, 6,968,469 issued and 6,865,653 outstanding at December 31, 2020)	[1]	69	69
Preferred stock (1,000,000 shares authorized, no shares outstanding)
Additional paid in capital		68,038	33,628
Treasury stock, 0 shares at December 31, 2021 and 102,816 shares at December 31, 2020, at cost			(1,268)
Unearned ESOP shares		(5,004)	(2,453)
Retained earnings		58,223	50,650
Accumulated other comprehensive (loss) income		(358)	159
Total stockholders' equity		120,968	80,785
Total liabilities and stockholders' equity		$ 788,088	$ 850,628
[1]	Amounts related to periods prior to the date of Conversion (January 20, 2021) have been restated to give the retroactive recognition to the exchange ratio applied in the Conversion (0.90686) (see Note 1).

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Statement Of Financial Position [Abstract]
Cash and due from banks, reserve requirement	$ 0	$ 0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	40,000,000	19,000,000
Common stock, shares issued	6,872,634	6,968,469
Common stock, shares outstanding	6,872,634	6,865,653
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares outstanding	0	0
Treasury stock shares, at cost	0	102,816

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($)		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020
Interest income:
Loans, including fees		$ 31,484,000	$ 29,933,000
Investment securities, including dividends		789,000	487,000
Interest-earning deposits		180,000	212,000
Total interest income		32,453,000	30,632,000
Interest expense:
Deposits		2,680,000	4,752,000
Borrowings		497,000	738,000
Total interest expense		3,177,000	5,490,000
Net interest income before provision for loan losses		29,276,000	25,142,000
Provision for loan losses		1,075,000	2,000,000
Net interest income after provision for loan losses		28,201,000	23,142,000
Noninterest income:
Service charges on deposit accounts		1,506,000	1,359,000
Gain on sales of investment securities available-for-sale		0	20,000
Other		1,172,000	777,000
Total noninterest income		2,678,000	2,156,000
Noninterest expenses:
Salaries and employee benefits		10,415,000	10,969,000
Deferred compensation		248,000	279,000
Occupancy		2,935,000	2,820,000
Advertising		339,000	200,000
Data processing		1,975,000	2,343,000
Other real estate owned		18,000	20,000
Net (gain) loss on sale and write-down of other real estate owned		(127,000)	289,000
Legal and accounting		827,000	1,447,000
Organizational dues and subscriptions		363,000	306,000
Director compensation		198,000	203,000
Federal deposit insurance premiums		260,000	401,000
Other		3,517,000	2,141,000
Total noninterest expenses		20,968,000	21,418,000
Income before income taxes		9,911,000	3,880,000
Income tax expense		2,338,000	792,000
Net income (loss)		$ 7,573,000	$ 3,088,000
Basic earnings per share	[1]	$ 1.10	$ 0.41
Diluted earnings per share	[1]	$ 1.09	$ 0.41
[1]	Amounts related to periods prior to the date of Conversion (January 20, 2021) have been restated to give the retroactive recognition to the exchange ratio applied in the Conversion ( 0.90686 ) (see Note 1).

Consolidated Statements of In_2

Consolidated Statements of Income (Parenthetical)	Jan. 20, 2021
Income Statement [Abstract]
Common stock exchange ratio	0.90686

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 7,573,000	$ 3,088,000
Other comprehensive (loss) income:
Net unrealized gain on available-for-sale securities, net of taxes of $(176) and $57	(517,000)	165,000
Reclassification adjustment for gain included in net income, net of taxes of $0 and $(5)		(15,000)
Total other comprehensive (loss) income	(517,000)	150,000
Total comprehensive income	$ 7,056,000	$ 3,238,000

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Statement Of Income And Comprehensive Income [Abstract]
Net unrealized gain on available for sale securities, tax	$ (176)	$ 57
Reclassification adjustment from AOCI for sale of securities, tax expense	$ 0	$ (5)

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($)	Total	Common Stock	Additional Paid In Capital	Treasury Stock	Unearned ESOP Shares	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2019	$ 77,167,000	$ 69,000	$ 33,366,000	$ (1,268,000)	$ (2,571,000)	$ 47,562,000	$ 9,000
Issuance of restricted stock awards	17,000	1,000	16,000
ESOP loan payment and release of ESOP shares	82,000	(1,000)	(35,000)		118,000
Stock-based compensation	281,000		281,000
Change in unrealized gain on investment securities available-for-sale	150,000						150,000
Net income	3,088,000					3,088,000
Ending balance at Dec. 31, 2020	80,785,000	69,000	33,628,000	(1,268,000)	(2,453,000)	50,650,000	159,000
ESOP loan payment and release of ESOP shares	269,000		(141,000)		410,000
Stock-based compensation	410,000		410,000
Change in unrealized gain on investment securities available-for-sale	(517,000)						(517,000)
Issuance of common stock (less stock offering expenses of $1,699)	32,448,000		32,448,000
Issuance of shares and loan to ESOP			2,961,000		(2,961,000)
Treasury stock retired			(1,268,000)	$ 1,268,000
Net income	7,573,000					7,573,000
Ending balance at Dec. 31, 2021	$ 120,968,000	$ 69,000	$ 68,038,000		$ (5,004,000)	$ 58,223,000	$ (358,000)

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)
Stock offering expense	$ 1,699

Consolidated Statements of Cash

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

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	(1) Summary of Significant Accounting Policies Nature of Operations Affinity Bancshares, Inc. (the “Company”) is a savings and loan holding company headquartered in Covington, Georgia. The Company has one operating subsidiary, Affinity Bank (the “Bank”, and formerly named “Newton Federal Bank”), a federally chartered savings association, conducting banking activities in Newton County, Georgia and surrounding counties and in Cobb and Fulton County, Georgia and surrounding counties, and originating dental practice loans and indirect automobile loans throughout the Southeastern United States. The Bank offers such customary banking services as consumer and commercial checking accounts, savings accounts, certificates of deposit, mortgage, commercial and consumer loans, including indirect automobile loans, money transfers and a variety of other banking services. The Company was incorporated in September 2020 to be the successor corporation to Community First Bancshares, Inc., a federal corporation, upon completion of the second-step mutual-to-stock conversion (the “Conversion”) of Community First Bancshares, MHC, the top tier mutual holding company of Community First Bancshares, Inc. Community First Bancshares, Inc. was the former mid-tier holding company for the Bank (formerly named Newton Federal Bank). Prior to completion of the Conversion, approximately 54 % of the shares of common stock of Community First Bancshares, Inc. were owned by Community First Bancshares, MHC. In conjunction with the Conversion, Community First Bancshares, Inc. was merged into Affinity Bancshares, Inc. (and ceased to exist) and Affinity Bancshares, Inc. became its successor holding company for Newton Federal Bank. On January 20, 2021, the Company completed the Conversion. References to the Company include Community First Bancshares, Inc. where indicated by the context. Prior Reorganization On October 31, 2016, the Board of Directors of the Bank adopted a Plan of Reorganization from a Mutual Savings Association to a Mutual Holding Company and Stock Issuance Plan (the “Plan”). The Plan was subject to the approval of the Board of Governors of the Federal Reserve System and the affirmative vote of at least a majority of the total votes eligible to be cast by the voting members of the Bank at a special meeting. Pursuant to the Plan, in April 2017 the Bank converted to a stock savings bank organized in the mutual holding company structure. The Bank issued all of its outstanding stock to a new holding company, Community First Bancshares, Inc., which sold 3,467,595 shares of common stock to the public at $ 10.00 per share, representing 46 % of its outstanding shares of common stock. This amount included shares purchased by the ESOP, which purchased 3.92 % of the common stock of the new holding company outstanding upon the completion of the reorganization and stock issuance. Community First Bancshares, Inc. was organized as a corporation under the laws of the United States. Community First Bancshares, MHC was organized as a mutual holding company under the laws of the United States and owned 54 % of the outstanding common stock of Community First Bancshares, Inc. Basis of Presentation The accounting principles followed by the Company and the methods of applying these standards and principles conform with accounting principles generally accepted in the United States of America (“GAAP”) and with general practices within the banking industry. In preparing consolidated financial statements in conformity with GAAP, management is required to make estimates and assumptions that affect the reported amounts in the consolidated financial statements. Actual results could differ significantly from those estimates. Material estimates common to the banking industry that are particularly susceptible to significant change in the near term include, but are not limited to, the determination of the allowance for loan losses, the valuation of real estate acquired in connection with or in lieu of foreclosure on loans, and valuation allowances associated with deferred tax assets, the recognition of which are based on future taxable income. Impaired loans and foreclosed real estate properties are carried at fair value less estimated selling costs, the determination of which requires significant assumptions, estimates and judgments. Fair values for foreclosed real estate properties and impaired loans collateralized by real estate are principally based on independent appraised values. Fair value is defined by GAAP as the price that would be received to sell an asset in an orderly transaction between market participants at the measurement date. GAAP further defines an orderly transaction as a transaction that assumes exposure to the market for a period prior to the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets. An orderly transaction is not a forced transaction like a forced liquidation or distressed sale. Basic and diluted earnings per share for 2021 was $ 1.10 and $ 1.09 , respectively. The net earnings for this period was $ 7,573,000 and the weighted average common shares outstanding were 6,873,466 for basic and 6,696,406 for diluted. Basic and diluted earnings per share for the year ended December 31, 2020 was $ 0.41 . The net earnings for this period was $ 3,088,000 and the weighted average common shares outstanding were 7,570,797 . Emerging Growth Company Status The Company qualifies as an “emerging growth company” under the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”). For as long as the Company is an emerging growth company, it may choose to take advantage of exemptions from various reporting requirements applicable to other public companies but not to emerging growth companies. An emerging growth company may elect to use the extended transition period to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are made applicable to private companies, but must make such election when the Company is first required to file a registration statement. The Company has elected to use the extended transition period described above and intends to maintain its emerging growth company status as allowed under the JOBS Act. Future Accounting Pronouncements In February 2016, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842). ASU 2016-02 provides certain targeted improvements to align lessor accounting with the lessee accounting model. It requires lessees to recognize the assets and liabilities on their balance sheet for the rights and obligations created by most leases and continue to recognize expenses on their income statements over the lease term. It will also require disclosures designed to give financial statement users information on the amount, timing and uncertainty of cash flows arising from leases. For emerging growth companies, this update will be effective for fiscal years beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022. The adoption of this ASU is expected to result in recording a right of use asset and a corresponding lease liability related to existing leases. In April 2019, the FASB issued ASU 2019-04 (“ASU 2019-04”), Codification Improvements to Topic 326, Financial Instruments – Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments. ASU 2019-04 includes technical corrections relating to scope, held-to-maturity disclosures, measurement alternative and remeasurement of equity securities. The effective date is for fiscal years beginning after December 31, 2019, including interim periods within those fiscal years. The adoption of this ASU is not expected to have a material effect on the Company’s financial position, result of operations or cash flows. Accounting Standards Update 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”), is intended to provide financial statement users with more decision-useful information related to expected credit losses on financial instruments and other commitments to extend credit by replacing the current incurred loss impairment methodology with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to determine credit loss estimates. ASU 2016-13 does not specify the method for measuring expected credit losses, and an entity is allowed to apply methods that reasonably reflect its expectations of the credit loss estimate. Additionally, the amendments of ASU 2016-13 require that credit losses on available-for-sale debt securities be presented as an allowance rather than as a write-down. The Company selected a third-party vendor to provide allowance for loan loss software as well as advisory services in developing a new methodology that would be compliant with ASU 2016-13, and is working with the approved third-party vendor to develop the CECL model and evaluate its impact. ASU 2016-13 was originally to become effective for the Company for interim and annual periods beginning after December 15, 2019. In November 2019, the FASB issued Accounting Standards Update 2019 – 10, Financial Instruments – Credit Losses (Topic 326), Derivatives and Hedging (Topic 815) and Leases (Topic 842): Effective Dates (“ASU 2019–10”). ASU 2019-10 amends the effective date for certain entities, including the Company, for ASU 2016-13, Financial Instruments – Credit Losses. Because the Company is a smaller reporting company, ASU 2016-13 is now effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. Business Combinations The Company accounts for business combinations under the acquisition method of accounting in accordance with ASC 805, Business Combinations (“ASC 805”). The Company recognizes the full fair value of the assets acquired and liabilities assumed and immediately expenses transaction costs. If the amount of consideration exceeds the fair value of assets purchased less the fair value of liabilities assumed, goodwill is recorded. Alternatively, if the amount by which the fair value of assets purchased exceeds the fair value of liabilities assumed and consideration paid, a gain (“bargain purchase gain”) is recorded. Fair values are subject to refinement for up to one year after the closing date of an acquisition as information relative to closing date fair values becomes available. Results of operations of the acquired business are included in the statements of income from the effective date of the acquisition. Additional information regarding the recent acquisition is provided in Note 2. Cash and Cash Equivalents Cash and cash equivalents include cash and due from banks and interest-earning deposits in other depository institutions. Investment Securities The Company classifies its investment securities in one of three categories: trading, available-for-sale, or held-to-maturity. Trading securities are bought and held principally for the purpose of selling them in the near term. Held-to-maturity securities are those securities for which the Company has the ability and intent to hold the security until maturity. All other securities not included in trading or held-to-maturity are classified as available-for-sale. Held-to-maturity securities are recorded at cost, adjusted for the amortization or accretion of premiums or discounts. Transfers of securities between categories are recorded at fair value at the date of transfer. Management evaluates investment securities for other-than-temporary impairment on an annual basis. A decline in the market value of any held-to-maturity investment below cost that is deemed other-than-temporary is charged to earnings for the decline in value deemed to be credit related. The decline in value attributed to non-credit related factors is recognized in other comprehensive income and a new cost basis in the security is established. Premiums and discounts are amortized or accreted over the life of the related security as an adjustment to the yield. Realized gains and losses for securities classified as held-to-maturity are included in earnings and are derived using the specific identification method for determining the cost of securities sold. Other Investments The Federal Home Loan Bank (“FHLB”) stock is an investment that does not have a readily determinable fair value and is carried at cost. The Company is required to hold the FHLB stock as a member of the FHLB and transfer of the stock is substantially restricted. The First National Bankers Bank (“FNBB”) stock is an investment that does not have a readily determinable fair value and is carried at cost. The Company acquired the stock when it borrowed funds at the holding company from FNBB. Loans, Loan Fees and Interest Income on Loans Loans are stated at the principal amount outstanding, net of the allowance for loan losses. Interest on loans is calculated by using the simple interest method on daily balances of the principal amount outstanding. Accrual of interest is discontinued on a loan when management believes, after considering economic and business conditions and collection efforts that the borrower’s financial condition is such that collection of interest is doubtful. When a loan is placed on nonaccrual status, previously accrued and uncollected interest is charged to interest income on loans. Generally, payments on nonaccrual loans are applied first to principal. Interest income is recorded after principal has been satisfied and as payments are received. Loan fees, net of certain origination costs, are deferred and amortized over the lives of the respective loans as an adjustment to the yield. A loan is impaired when, based on current information and events, it is probable that all amounts due according to the contractual terms of the loan agreement will not be collected. Impaired loans are measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate, or at the loan’s observable market price, or at the fair value of the collateral of the loan if the loan is collateral dependent. Estimated impairment losses for collateral dependent loans are set up as specific reserves. Interest income on impaired loans is recognized using the cash-basis method of accounting during the time the loans are impaired. Allowance for Loan Losses The allowance for loan losses is established through a provision for loan losses charged to expense. Loans are charged against the allowance for loan losses when management believes that the collection of the principal is unlikely. The allowance represents an amount, which in management’s judgment, will be adequate to absorb probable losses on existing loans that may become uncollectible. Management considers the following when assessing risk in the Company's loan portfolio segments: Commercial (secured by real estate): Commercial real estate loans are dependent on the industries tied to these loans. Commercial real estate loans are primarily secured by office and industrial buildings, warehouses, small retail shopping facilities and various special purpose properties, including hotels and restaurants. Financial information is obtained from the borrowers and/or the individual project to evaluate cash flows sufficiency to service debt and is periodically updated during the life of the loan. Loan performance may be adversely affected by factors impacting the general economy or conditions specific to the real estate market such as geographic location and/or property type. Commercial and industrial: Commercial and industrial loans are primarily for working capital, physical asset expansion, asset acquisition loans and other. These loans are made based primarily on historical and projected cash flow of the borrower and secondarily on the underlying collateral provided by the borrower. The cash flows of borrowers, however, may not behave as forecasted and collateral securing loans may fluctuate in value due to economic or individual performance factors. Financial information is obtained from the borrowers to evaluate cash flows sufficiency to service debt and are periodically updated during the life of the loan. Construction, land and acquisition and development: Construction, land and acquisition and development loans are secured by vacant land and/or property that are in the process of improvement, including (a) land development preparatory to erecting vertical improvements or (b) the onsite construction of industrial, commercial, residential, or farm buildings. Repayment of these loans can be dependent on the sale of the property to third parties or the successful completion of the improvements by the builder for the end user. In the event a loan is made on property that is not yet improved for the planned development, there is the risk that necessary approvals will not be granted or will be delayed. Construction loans also run the risk that improvements will not be completed on time or in accordance with specifications and projected costs. Residential mortgage 1-4 family: Residential real estate loans are affected by the local residential real estate market, the local economy, and, for variable rate mortgages, movement in indices tied to these loans. At the time of origination, the Company evaluates the borrower's repayment ability through a review of debt to income and credit scores. Appraisals are obtained to support the loan amount. Financial information is obtained from the borrowers and/or the individual project to evaluate cash flows sufficiency to service debt at the time of origination. Consumer installment: Consumer and other loans may take the form of auto loans, installment loans, demand loans, or single payment loans and are extended to individuals for household, family, and other personal expenditures. At the time of origination, the Company evaluates the borrower's repayment ability through a review of debt to income and credit scores. Management’s judgment in determining the adequacy of the allowance is based on evaluations of the probability of collection of loans. These evaluations take into consideration such factors as changes in the nature and volume of the loan portfolio, current economic conditions that may affect the borrower’s ability to pay, overall portfolio quality, and review of specific problem loans. Management uses an external independent loan reviewer to challenge and corroborate its loan gradings and to provide additional analysis in determining the adequacy of the allowance for loan losses and necessary provisions to the allowance. Management believes the allowance for loan losses is adequate. While management uses available information to recognize losses on loans, future additions to the allowance may be necessary based on changes in economic conditions. In addition, regulatory agencies, as an integral part of their examination process, periodically review the allowance for loan losses, and as a result of these reviews the Bank may have to adjust or make additions to the allowance for loan losses as a part of management’s ongoing evaluation of its adequacy. Other Real Estate Owned Other real estate owned includes real estate acquired through foreclosure. Each other real estate property is initially recorded at its fair value less estimated costs to sell and is subsequently carried at fair value less estimated costs to sell. All foreclosed properties are actively marketed for sale. Fair value is principally based on independent appraisals performed by local credentialed appraisers. Any excess of the carrying value of the related loan over the fair value of the real estate at the date of foreclosure is charged against the allowance for loan losses. Properties in other real estate are re-evaluated annually. Any expense incurred in connection with holding such real estate or resulting from any write-downs in value subsequent to foreclosure is included in noninterest expense. When the other real estate property is sold, a gain or loss is recognized on the sale for the difference between the sales proceeds and the carrying amount of the property. Premises and Equipment Premises and equipment are carried at cost less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the related assets. When assets are retired or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts, and any resulting gain or loss is reflected in earnings for the period. The cost of maintenance and repairs that do not improve or extend the useful life of the respective asset is charged to earnings as incurred, whereas significant renewals and improvements are capitalized. The range of estimated useful lives for premises and equipment are as follows: Equipment and furniture 3 - 10 years Buildings 40 years Automobile 5 years Bank Owned Life Insurance The Bank has purchased life insurance policies on certain key executives and members of management. Bank owned life insurance is recorded at the amount that can be realized under the insurance contract at the balance sheet date, which is the cash surrender value adjusted for other changes or other amounts due that are probable at settlement. Income Taxes The Company uses the liability method of accounting for income taxes, which requires the recognition of deferred tax assets and liabilities for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Additionally, this method requires the recognition of future tax benefits, such as net operating loss carryforwards, to the extent that realization of such benefits is more likely than not. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which the assets and liabilities are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income tax expense in the period that includes the enactment date. In the event the future tax consequences of differences between the financial reporting bases and the tax bases of the Company’s assets and liabilities results in deferred tax assets, an evaluation of the probability of being able to realize the future benefits indicated by such asset is required. A valuation allowance is provided for the portion of the deferred tax asset when it is more likely than not that some portion or all of the deferred tax asset will not be realized. In assessing the realization of the deferred tax assets, management considers the scheduled reversals of deferred tax liabilities, projected future taxable income, and tax planning strategies. The Company currently evaluates income tax positions judged to be uncertain. A loss contingency reserve is accrued if it is probable that the tax position will be challenged, it is probable that the future resolution of the challenge will confirm that a loss has been incurred, and the amount of such loss can be reasonably estimated. Revenue Recognition The core revenue recognition principle requires the Company to recognize revenue to depict the transfer of services or products to customers in an amount that reflects the consideration to which the Company expects to be entitled to receive in exchange for those services or products recognized as performance obligations are satisfied. The guidance includes a five-step model to apply to revenue recognition, consisting of the following: (1) identify the contract with a customer; (2) identify the performance obligation(s) within the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligation(s) within the contract; and (5) recognize revenue when (or as) the performance obligation(s) are/is satisfied. Service charges on deposit accounts: The deposit contract obligates the Company to serve as a custodian of the customer’s deposited funds and is generally terminable at will by either party. The contract permits the customer to access the funds on deposit and request additional services for which the Company earns a fee, including NSF and analysis charges, related to the deposit account. Income for deposit accounts is recognized over the statement cycle period (typically on a monthly basis) or at the time the service is provided, if additional services are requested. ATM fee income: A contract between the Company, as a card-issuing bank, and its customers whereby the Company receives a transaction fee from the merchant’s bank whenever a customer uses a debit or credit card to make a purchase. These fees are earned as the service is provided (i.e., when the customer uses a debit or ATM card). Other noninterest income: Other noninterest income includes several items, such as wire transfer income, check cashing fees, the increase in cash surrender value of life insurance and safe deposit box rental fees. This income is generally recognized at the time the service is provided and/or the income is earned. Risk and Uncertainties The COVID-19 pandemic has disrupted and adversely affected the Company’s business and results of operations, and the ultimate impacts of the pandemic on the Company’s business, financial condition and results of operations will depend on future developments and other factors that are highly uncertain and will be impacted by the scope and duration of the pandemic and actions taken by governmental authorities in response to the pandemic.

Acquisition

Acquisition	12 Months Ended
	Dec. 31, 2021
Business Combinations [Abstract]
Acquisition	(2) Acquisition On January 10, 2020 , Community First Bancshares, Inc. consummated its merger (the “Merger”) with ABB Financial Group, Inc. (“ABB”) pursuant to the Agreement and Plan of Merger by and between Community First Bancshares, Inc. and ABB dated August 19, 2019, (the “Merger Agreement”), whereby ABB was merged with and into Community First Bancshares, Inc., and Affinity Bank, ABB’s wholly owned commercial bank subsidiary serving Cobb County, Georgia and Fulton County, Georgia and surrounding counties, was merged with and into Newton Federal Bank. System integration was completed September 18, 2020. Affinity Bank operated one branch office in Cobb County, Georgia and one loan production office in Fulton County, Georgia. The purpose of the merger was for strategic reasons beneficial to Community First Bancshares, Inc. The acquisition is consistent with its plan to drive growth and efficiency through increased scale, leverage the strengths of each bank across the combined customer base, enhance profitability, and add shareholder value. Under the terms of the Merger Agreement, each outstanding share of ABB common stock was converted into the right to receive $ 7.50 in cash, for a total paid of $ 40.3 million in cash with no stock issued. Pre-existing ABB equity awards (restricted stock units and stock options) immediately vested upon consummation of the merger. Community First Bancshares, Inc. paid $ 2.7 million reflecting the net value for the vested ABB restricted stock outstanding at the consummation of the merger. Community First Bancshares, Inc. accounted for the transaction under the acquisition method of accounting, and thus, the financial position and results of operations of ABB prior to the consummation date were not included in the accompanying consolidated financial statements. The accounting required assets purchased and liabilities assumed to be recorded at their respective fair values at the date of acquisition. Community First Bancshares, Inc. determined the fair value of core deposit intangibles, securities, premises and equipment, loans, other real estate owned, bank owned life insurance and other assets, deposits, debt and deferred taxes with the assistance of third-party valuations, appraisals, and third-party advisors. The estimated fair values will be subject to refinement as additional information relative to the closing date fair values becomes available through the measurement period of approximately one year from consummation. The fair value of the assets acquired and liabilities assumed on January 10, 2020 was as follows: As recorded by Fair Value As recorded by ABB Adjustments CFBI (in thousands) Cash, cash equivalents and securities available-for-sale $ 41,561 $ — $ 41,561 Loans 264,176 ( 2,327 ) 261,849 Other real estate owned 790 — 790 Core deposit intangible — 1,913 1,913 Fixed assets and other assets 11,629 — 11,629 Total assets acquired 318,156 ( 414 ) 317,742 Deposits 249,049 265 249,314 Borrowings and other liabilities 37,764 1,654 39,418 Total liabilities acquired 286,813 1,919 288,732 Excess of assets acquired over liabilities acquired 31,343 ( 2,333 ) 29,010 Purchase price 40,338 Net assets acquired 29,010 Less preferred stock redeemed ( 5,891 ) Net assets acquired less preferred stock 23,119 Goodwill $ 17,219 The following unaudited pro forma information presents the results of operations for the year ended December 31, 2021 and 2020, as if the acquisition had occurred January 1 of each period. These unaudited pro forma results are presented for illustrative purposes and are not intended to represent or be indicative of the actual results of operations of the combined company that would have been achieved had the acquisition occurred at the beginning of each period presented, nor are they intended to represent or be indicative of future results of operations. Year Ended December 31, 2021 2020 (In thousands except per share data) Total revenues, net of interest expense $ 32,255 $ 27,599 Net income 6,512 2,028 Diluted earnings per share 0.86 0.27

Investment Securities

Investment Securities	12 Months Ended
	Dec. 31, 2021
Investments Debt And Equity Securities [Abstract]
Investment Securities	(3) Investment Securities Investment securities available-for-sale at December 31, 2021 and 2020 are as follows: (in thousands) Amortized Gross Gross Estimated December 31, 2021 Cost Gains Losses Fair Value U.S. Treasury securities $ 5,068 5 ( 23 ) 5,050 Municipal securities - tax exempt 540 — ( 4 ) 536 Municipal securities - taxable 796 — ( 6 ) 790 U.S. Government sponsored enterprises 11,837 — ( 295 ) 11,542 Government agency mortgage-backed securities 21,371 200 ( 232 ) 21,339 Corporate securities 9,425 20 ( 145 ) 9,300 Total $ 49,037 225 ( 705 ) 48,557 December 31, 2020 U.S. Government sponsored enterprises $ 11,870 1 ( 12 ) 11,859 Government agency mortgage-backed securities 9,206 326 — 9,532 Corporate securities 2,715 — ( 101 ) 2,614 Total $ 23,791 327 ( 113 ) 24,005 There were 30 securities in an unrealized loss position totaling $ 574,000 as of December 31, 2021 for less than 12 months. There were two securities in an unrealized loss position totaling $ 131,000 greater than 12 months as of December 31, 2021. The unrealized losses on the debt securities arose due to changing interest rates and market conditions and are considered to be temporary because of acceptable investment grades and are reviewed regularly. Eight of the securities are U.S. Treasury or agency bonds that are direct obligations of the U.S. Government. Fourteen securities are mortgage-backed securities of U.S. Government sponsored agencies that have the implied backing of the U.S. Government. Two securities are municipal securities for while a credit analysis is performed annually and no credit problems have been identified. Eight are trust preferred securities or subordinated debentures of banks where the Bank performs a credit review quarterly and such reviews have raised no concerns. The Company does not intend to sell the investments and it is not likely that the Company will be required to sell the investments before recovery of their amortized cost basis which may be at maturity. The amortized cost and estimated fair value of investment securities available-for-sale at December 31, 2021 and 2020, by contractual maturity, are shown below. Maturities of mortgage-backed securities will differ from contractual maturities because borrowers may have the right to call or prepay certain obligations with or without call or prepayment penalties. Therefore, these securities are not included in the maturity categories. (in thousands) December 31, 2021 2020 Amortized Estimated Amortized Estimated Cost Fair Value Cost Fair Value U.S. Treasury securities Within 1 year $ — — — — Greater than 1 to 5 years — — — — Greater than 5 to 10 years 5,068 5,050 — — Greater than 10 years — — — — 5,068 5,050 — — Municipal securities - tax exempt Within 1 year — — — — Greater than 1 to 5 years — — — — Greater than 5 to 10 years — — — — Greater than 10 years 540 536 — — 540 536 — — Municipal securities - taxable Within 1 year — — — — Greater than 1 to 5 years — — — — Greater than 5 to 10 years — — — — Greater than 10 years 796 790 — — 796 790 — — Government agency securities Within 1 year — — — — Greater than 1 to 5 years — — — — Greater than 5 to 10 years — — — — Greater than 10 years 11,837 11,542 11,870 11,859 11,837 11,542 11,870 11,859 Corporate securities Within 1 year — — — — Greater than 1 to 5 years — — — — Greater than 5 to 10 years 8,925 8,875 2,215 2,189 Greater than 10 years 500 425 500 425 9,425 9,300 2,715 2,614 Government agency mortgage-backed securities 21,371 21,339 9,206 9,532 Total $ 49,037 48,557 $ 23,791 24,005 There were no sales of investment securities available-for-sale in 2021. Proceeds from sales of investment securities available-for-sale during 2020 totaled approximately $ 1.7 million. Gross gains of $ 20,000 were realized on the sales during 2020. Available-for-sale securities with a carrying value of approximately $ 2.8 million and $ 2.3 million were pledged to secure public deposits at December 31, 2021 and 2020, respectively.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2021
Receivables [Abstract]
Loans and Allowance for Loan Losses	(4) Loans and Allowance for Loan Losses Major classifications of loans, by collateral code, at December 31, 2021 and 2020 are summarized as follows: (in thousands) December 31, 2021 December 31, 2020 Commercial (secured by real estate) $ 262,704 178,571 Commercial and industrial 152,835 155,554 Paycheck Protection Program loans 17,883 101,749 Construction, land and acquisition & development 16,317 23,571 Residential mortgage 1-4 family 63,065 91,777 Consumer installment 71,580 47,393 584,384 598,615 Less allowance for loan losses ( 8,559 ) ( 6,361 ) $ 575,825 $ 592,254 The Bank grants loans and extensions of credit to individuals and a variety of firms and corporations located primarily in the Atlanta, Georgia MSA. A substantial portion of the loan portfolio is collateralized by improved and unimproved real estate and is dependent upon the real estate market. The Bank has a specialized expertise in lending to dentists and dental practices, with dental practice loans totaling $ 179.8 million, or 30.6 %, and $ 170.8 million, or 29.2 % of our loan portfolio, as of December 31, 2021 and 2020, respectively. With the acquisition of Affinity Bank, the Bank is a premier lender within professional markets, with a primary focus on the dental industry in Georgia and adjoining states. The majority of these loans are commercial and industrial credits for practice acquisitions and equipment financing with the remainder being owner-occupied real estate. The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, is an economic stimulus bill signed into law on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States. The creation of the Paycheck Protection Program (PPP) enacted under the CARES Act provides forgivable loans to small businesses for payroll obligations, emergency grants to cover immediate operating costs, and a mechanism for loan forgiveness by the Small Business Administration should all criteria be met. The Bank received SBA authorization for 1,901 PPP loans totaling $ 196.4 million during 2021 and 2020. These loans are fully guaranteed by the Small Business Administration. Qualifying loans in the amount of approximately $ 343.6 million and $ 309.9 million were pledged to secure the line of credit from the FHLB at December 31, 2021 and 2020, respectively. The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2021 and 2020: (in thousands) December 31, 2021 Commercial Commercial Paycheck Protection Program (1) Construction, Residential Consumer Unallocated Total Allowance for loan losses: Beginning balance $ 3,084 1,320 — 224 970 719 44 6,361 Provision 290 1,119 — ( 62 ) ( 541 ) 310 ( 41 ) 1,075 Charge-offs — ( 234 ) — — — ( 76 ) — ( 310 ) Recoveries 1,307 37 — — 73 16 — 1,433 Ending balance $ 4,681 2,242 — 162 502 969 3 8,559 Ending allowance attributable to loans: Individually evaluated for impairment $ 1 1 — — 5 — — 7 Collectively evaluated for impairment 4,680 2,241 — 162 497 969 3 8,552 Total ending allowance $ 4,681 $ 2,242 $ — $ 162 $ 502 $ 969 $ 3 $ 8,559 Loans: Individually evaluated for impairment $ 3,482 753 — — 2,992 1 — 7,228 Collectively evaluated for impairment 259,222 152,082 17,883 16,317 60,073 71,579 — 577,156 Total loans $ 262,704 152,835 17,883 16,317 63,065 71,580 — 584,384 December 31, 2020 Allowance for loan losses: Beginning balance $ 1,661 1,478 — 153 369 466 7 4,134 Provision 1,207 ( 194 ) — 71 627 252 37 2,000 Charge-offs ( 30 ) - — — ( 126 ) ( 29 ) — ( 185 ) Recoveries 246 36 — — 100 30 — 412 Ending balance $ 3,084 1,320 — 224 970 719 44 6,361 Ending allowance attributable to loans: Individually evaluated for impairment $ 2 35 — — 14 — — 51 Collectively evaluated for impairment 3,082 1,285 — 224 956 719 44 6,310 Total ending allowance $ 3,084 $ 1,320 $ — $ 224 $ 970 $ 719 $ 44 $ 6,361 Loans: Individually evaluated for impairment $ 2,584 1,085 — — 3,597 8 — 7,274 Collectively evaluated for impairment 175,987 154,469 101,749 23,571 88,180 47,385 — 591,341 Total loans $ 178,571 155,554 101,749 23,571 91,777 47,393 — 598,615 (1) Consists of loans that are fully guaranteed by the SBA; thus, no allowance for loan losses has been allocated to these loans. The Bank individually evaluates all loans for impairment that are on nonaccrual status or are rated substandard (as described below). Additionally, all troubled debt restructurings are evaluated for impairment. A loan is considered impaired when, based on current events and circumstances, it is probable that all amounts due according to the contractual terms of the loan will not be collected. Impaired loans are measured based on the present value of expected future cash flows, discounted at the loan’s effective interest rate, at the loan’s observable market price, or the fair value of the collateral if the loan is collateral dependent. Interest payments received on impaired loans are applied as a reduction of the outstanding principal balance. Impaired loans At December 31, 2021 and 2020 were as follows: (in thousands) December 31, 2021 Recorded Unpaid Allocated Average Interest With no related allowance recorded: Commercial (secured by real estate) $ 3,294 3,294 — 3,277 51 Commercial and industrial 388 421 — 458 — Construction, land and acquisition & development — — — — — Residential mortgage 2,052 2,052 — 2,110 31 Consumer installment 1 1 — 3 — 5,735 5,768 — 5,848 82 With an allowance recorded: Commercial (secured by real estate) 188 189 1 192 12 Commercial and industrial 365 365 1 379 — Construction, land and acquisition & development — — — — — Residential mortgage 940 941 5 960 60 Consumer installment — — — — — 1,493 1,495 7 1,531 72 Total impaired loans $ 7,228 7,263 7 7,379 154 December 31, 2020 With no related allowance recorded: Commercial (secured by real estate) $ 1,136 2,232 — 1,138 42 Commercial and industrial 395 395 — 395 — Construction, land and acquisition & development — — — — — Residential mortgage 1,986 1,987 — 2,041 9 Consumer installment 8 8 — 9 1 3,525 4,622 — 3,583 52 With an allowance recorded: Commercial (secured by real estate) 1,448 1,449 2 — 91 Commercial and industrial 690 690 35 1,481 6 Construction, land and acquisition & development — — — 727 — Residential mortgage 1,611 1,613 14 — 73 Consumer installment — — — 1,634 — 3,749 3,752 51 3,842 170 Total impaired loans $ 7,274 8,374 51 7,425 222 The following table presents the aging of the recorded investment in past due loans, as well as the recorded investment in nonaccrual loans, as of December 31, 2021 and 2020 by class of loans: (in thousands) December 31, 2021 30 -59 60- 89 90 Days or Total Current Total Nonaccrual Commercial (secured by real estate) $ — — 3,200 3,200 259,504 262,704 3,200 Commercial and industrial 338 — 813 1,151 151,684 152,835 813 Paycheck Protection Program — — — — 17,883 17,883 — Construction, land and acquisition & — — — — 16,317 16,317 — Residential mortgage 4,094 1,711 321 6,126 56,939 63,065 2,873 Consumer installment 289 45 — 334 71,246 71,580 125 Total $ 4,721 1,756 4,334 10,811 573,573 584,384 7,011 December 31, 2020 Commercial (secured by real estate) $ 3,386 — 1,136 4,522 174,049 178,571 1,157 Commercial and industrial 29 — 1,085 1,114 154,440 155,554 1,085 Paycheck Protection Program — — — — 101,749 101,749 — Construction, land and acquisition & 1,392 — — 1,392 22,179 23,571 — Residential mortgage 4,308 1,094 1,444 6,846 84,931 91,777 2,587 Consumer installment 78 — 73 151 47,242 47,393 73 Total $ 9,193 1,094 3,738 14,025 584,590 598,615 4,902 There were no loans past due over 90 days and still accruing interest as of December 31, 2021 and 2020. The table below presents information on troubled debt restructurings including the number of loan contracts restructured and the pre- and post-modification recorded investment that have occurred during the years ended December 31, 2021 and 2020. Also included in the table are the number of contracts and the recorded investment for those trouble debt restructurings that have subsequently defaulted during the years ended December 31, 2021 and 2020: (in thousands) Pre- Post- Troubled Debt December 31, 2021 Number of Recorded Recorded Number of Recorded Residential mortgage 1 $ 71 71 — — December 31, 2020 Residential mortgage 1 $ 31 31 — — The Bank has allocated an allowance for loan losses of approximately $ 6,000 and $ 17,000 to customers whose loan terms have been modified in troubled debt restructurings as of December 31, 2021 and 2020, respectively. The CARES Act provides temporary relief from accounting for certain pandemic-related loan modifications as a troubled debt restructuring. During the years ended December 31, 2020 and 2021 the Bank has granted short-term deferrals on 744 loans totaling $ 189.6 million that were otherwise performing. All of these loans but one has returned to normal performing status as of December 31, 2021. This loan is in nonaccrual status. There were no outstanding modifications that were excluded from TDR classification based on this law as of December 31, 2021. The Bank categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information and current economic trends, among other factors. The Bank analyzes loans individually by classifying the loans as to credit risk. This analysis is performed on a continuous basis. The Bank uses the following definitions for its risk ratings: Special Mention. Loans have potential weaknesses that may, if not corrected, weaken or inadequately protect the Bank's credit position at some future date. Weaknesses are generally the result of deviation from prudent lending practices, such as over advances on collateral. Credits in this category should, within a 12 month period, move to Pass if improved or drop to Substandard if poor trends continue. Substandard. Inadequately protected by the current net worth and paying capacity of the obligor or by the collateral pledged, if any. Loans have a well-defined weakness or weaknesses such as primary source of repayment is gone or severely impaired or cash flow is insufficient to reduce debt. There is a distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. Doubtful. Loans have weaknesses of those classified Substandard, with the added characteristic that the weaknesses make collection or liquidation in full highly questionable and improbable. The likelihood of a loss on an asset or portion of an asset classified Doubtful is high. Loss. Loans considered uncollectible and of such little value that the continuance as a Bank asset is not warranted. This does not mean that the loan has no recovery or salvage value, but rather the asset should be charged off even though partial recovery may be possible in the future. Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be Pass rated loans. As of December 31, 2021 and 2020, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows: (in thousands) December 31, 2021 Pass Special Substandard Doubtful/ Total Commercial (secured by real estate) $ 256,541 2,742 3,421 — 262,704 Commercial and industrial 151,983 — 852 — 152,835 Paycheck Protection Program 17,883 — — — 17,883 Construction, land and acquisition & development 16,005 312 — — 16,317 Residential mortgage 59,080 — 3,985 — 63,065 Consumer installment 71,440 — 140 — 71,580 Total $ 572,932 3,054 8,398 — 584,384 December 31, 2020 Pass Special Substandard Doubtful/ Total Commercial (secured by real estate) $ 176,629 785 1,157 — 178,571 Commercial and industrial 154,469 — 1,085 — 155,554 Paycheck Protection Program 101,749 — — — 101,749 Construction, land and acquisition & development 23,571 — — — 23,571 Residential mortgage 87,738 62 3,977 — 91,777 Consumer installment 47,332 — 61 — 47,393 Total $ 591,488 847 6,280 — 598,615

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2021
Property Plant And Equipment [Abstract]
Premises and Equipment	(5) Premises and Equipment Premises and equipment at December 31, 2021 and 2020 are summarized as follows: (in thousands) December December Land $ 373 $ 935 Buildings 4,280 9,165 Leasehold improvements 535 527 Equipment and furniture 2,755 5,334 Construction in process 291 158 Automobile 66 66 8,300 16,185 Less: Accumulated depreciation 4,517 7,568 $ 3,783 $ 8,617 Depreciation expense was approximately $ 950,000 and $ 957,000 for the years ended December 31, 2021 and 2020, respectively. The Company is obligated under non-cancelable operating leases for certain of its facilities and related land. At December 31, 2021, the approximate minimum annual rentals under these non-cancelable agreements with remaining terms in excess of one year are as follows: (in thousands) Years ending December 31 , 2022 $ 450 2023 588 2024 602 2025 618 2026 636 Thereafter 298 Total $ 3,192 Total rent expense for leased property approximated $ 663,000 and $ 381,000 for the year ended December 31, 2021 and 2020, respectively.

Deposits

Deposits	12 Months Ended
	Dec. 31, 2021
Deposits [Abstract]
Deposits	(6) Deposits At December 31, 2021, contractual maturities of certificate of deposits are summarized as follows: (in thousands). 2022 $ 48,581 2023 20,406 2024 9,647 2025 8,456 2026 4,677 Thereafter 4,991 $ 96,758 The aggregate amounts of certificates of deposit of $250,000 or more, the standard FDIC deposit insurance coverage limit per depositor, were approximately $ 22,570,000 and $ 32,859,000 at December 31, 2021 and 2020, respectively. The following is a summary of interest expense on deposits for the years ended December 31, 2021 and 2020: (in thousands) Year Ended Year Ended Savings accounts $ 403 $ 878 Interest-bearing checking accounts 185 286 Market rate checking accounts 469 965 Certificates of deposit 1,623 2,623 $ 2,680 $ 4,752

Borrowings

Borrowings	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Borrowings	(7) Borrowings At December 31, 2021 and 2020, the Bank had a line of credit totaling $ 44.7 million and $ 89.1 million, respectively, from the FHLB, which is reviewed annually by the FHLB. The following advances, which require monthly or quarterly interest payments, were outstanding at December 31, 2021: Advance Date Advance Fair Value Adjustment Interest Rate Maturity Rate Call Feature 5/23/2019 $ 8,000,000 $ 395,312 2.40 % 5/23/2029 Convertible 5/23/2022 11/29/2019 5,000,000 320,713 2.66 % 10/25/2019 Convertible 11/29/2022 12/16/2019 5,000,000 271,837 2.37 % 12/17/2029 Convertible 3/17/2022 1/21/2021 10,000,000 — 0.68 % 1/21/2026 Fixed N/A 3/8/2021 10,000,000 — 0.54 % 3/8/2024 Fixed N/A 5/2/2021 10,000,000 — 0.76 % 5/2/2025 Fixed N/A $ 48,000,000 $ 987,862 Three of the advances above were acquired in connection with the acquisition of Affinity Bank during 2020. At December 31, 2021 and 2020, the FHLB advances were collateralized by certain loans which totaled approximately $ 343.6 million and $ 309.9 million at December 31, 2021 and 2020, respectively, and by the Company’s investment in FHLB stock which totaled approximately $ 2.2 million and $ 1.3 million at December 31, 2021 and 2020, respectively. The Company had one FHLB letter of credit of $ 8.0 million and $ 16.0 million used to collateralize public deposits, outstanding at December 31, 2021 and 2020, respectively. The Company borrowed $ 5.0 million from First National Bankers Bank during the year ended December 31, 2020. The loan had a ten-year term with a floating interest rate equal to the Wall Street Journal Prime Rate. Interest payments were due quarterly and the initial principal payment was due June 29, 2021 . There was no prepayment penalty. The loan was secured by Bank stock. In January 2021, the loan was repaid. The Company borrowed $ 100.8 million under the Federal Reserve Bank of Atlanta to fund PPP loans under the U.S. CARES Act (the Paycheck Protection Program Liquidity Facility). This was secured by PPP loans totaling $ 101.7 million made during the year ended December 31, 2020. These borrowings have a fixed interest rate of 0.35 % and a maturity date equal to the maturity date of the related PPP loans, with the PPP loans maturing either two or five years from the origination date of the PPP loan. This loan was repaid in 2021. At December 31, 2021 and 2020 the Bank had unsecured federal funds lines of credit of $ 12.5 million, for which no amounts were outstanding. The Bank also has a line of $ 62.0 million and $ 53.8 million with the Federal Reserve Bank of Atlanta Discount Window secured by $ 115.2 million and $ 99.5 million in loans as of December 31, 2021 and 2020, respectively. No amount was outstanding on the Discount Window as of December 31, 2021 or 2020.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Income Taxes	(8) Income Taxes The components of income tax expense for the years ended December 31, 2021 and 2020 are as follows: (in thousands) Year Ended Year Ended Current $ 2,565 $ 865 Deferred ( 227 ) ( 73 ) $ 2,338 $ 792 The difference between income tax expense and the amount computed by applying the statutory federal income tax rate to income before taxes for the years ended December 31, 2021 and 2020 is as follows (in thousands): Year Ended Year Ended Statutory Federal tax rate 21 % 21 % Pretax income at statutory rate $ 2,082 $ 815 State income tax, net of federal benefit 265 ( 95 ) Cash surrender value of life insurance ( 117 ) ( 83 ) Permanent adjustments 41 26 Other 67 129 Actual tax expense 24 % and 20 %, respectively $ 2,338 $ 792 The following summarizes the sources and expected tax consequences of future deductions or income for income tax purposes which comprised the net deferred taxes at December 31, 2021 and 2020: (in thousands) Year Ended Year Ended Deferred income tax assets: Allowance for loan losses $ 2,195 $ 1,625 Deferred compensation 775 873 Net operating losses 1,849 1,683 Unrealized loss on investment securities available-for-sale 122 — State tax credits — 358 Fair value adjustments 522 673 Other 182 199 Total deferred income tax assets 5,645 5,411 Deferred income tax liabilities: Core deposit intangible 391 440 Premises and equipment 498 533 Unrealized gain on investment securities available-for-sale — 52 Other 123 154 Total deferred income tax liabilities 1,012 1,179 Net deferred income tax asset $ 4,633 $ 4,232 The Company establishes a valuation allowance if, based on the weight of the available evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized. As of December 31, 2021 and 2020, the Company believes that it will have sufficient earnings to realize its deferred tax asset and has not provided an allowance. The Company is subject to federal income tax and income tax of state taxing authorities. The Company's federal and state income tax returns for the years ended December 31, 2020, 2019 and 2018 are open to audit under the statutes of limitations. Prior to January 1, 1996, the Bank was permitted under the Internal Revenue Code (the “Code”) a special bad debt deduction related to additions to tax bad debt reserves established for the purpose of absorbing losses. The provisions of the Code permitted the Bank to deduct from taxable income an allowance for bad debts based on the greater of a percentage of taxable income before such deduction or actual loss experience. Retained earnings at December 31, 2021 includes approximately $ 3,625,000 for which no deferred Federal income tax liability has been recognized. The amounts represent an allocation of income for bad debt deductions for tax purposes only. Reduction of amounts so allocated for purposes other than tax bad debt losses would create income for tax purposes only, which would be subject to the then current corporate income tax rate. On August 20, 1996, legislation was passed which eliminated the percentage of taxable income bad debt deduction for thrift institutions for tax years beginning after December 31, 1995. This legislation also requires a thrift to generally recapture the excess of its current tax reserves over its 1987 base year reserves whereas the base year reserves are frozen from taxation. No additional financial statement tax expense resulted from this legislation as the Bank had previously provided deferred taxes on this recaptured amount.

Employee Stock Ownership Plan

Employee Stock Ownership Plan	12 Months Ended
	Dec. 31, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Employee Stock Ownership Plan	(9) Employee Stock Ownership Plan The Company sponsors an employee stock ownership plan (“ESOP”) that covers all employees who meet certain service requirements. The Company makes annual contributions to the ESOP in amounts as defined by the plan document. These contributions are used to pay debt service and purchase additional shares. Certain ESOP shares are pledged as collateral for debt. As the debt is repaid, shares are released from collateral and allocated to active employees, based on the proportion of debt service paid in the year. In April 2017, the ESOP borrowed $ 3.0 million payable to the Company for the purpose of purchasing shares of the Company’s common stock. A total of 295,499 shares were purchased with the loan proceeds as part of the Company’s initial stock offering. In January 2021, the ESOP borrowed $ 3.0 million payable to the Company for the purpose of purchasing additional shares of the Company’s common stock. A total of 225,721 shares were purchased with the loan proceeds as part of the Company’s stock offering. The balance of the note payable of the ESOP was $ 5.4 million and $ 2.6 million at December 31, 2021 and 2020, respectively. Because the source of the loan payments are contributions received by the ESOP from the Company, the related notes receivable is shown as a reduction of stockholders’ equity. As of December 31, 2021 and 2020, 59,000 shares and 47,200 shares have been released, respectively.

Benefit Plans

Benefit Plans	12 Months Ended
	Dec. 31, 2021
Compensation And Retirement Disclosure [Abstract]
Benefit Plans	(10) Benefit Plans The Company has a profit sharing plan to provide retirement benefits for all employees. Contributions have been paid in the past to a trust fund annually by the Company in an amount determined by the Board of Directors. No contributions were made to the plan for the plan years ended December 31, 2021 and 2020 as the Board of Directors adopted an incentive program and paid cash bonuses rather than having contributions made to the profit sharing plan. In 2014, the Company added a 401(k) feature to the profit sharing plan that covers substantially all employees. Under the terms of the feature, the Company may make matching contributions to the plan and the employees can contribute up to the maximum amounts allowed by IRS guidelines. The contribution expense related to the 401(k) feature totaled $ 161,000 for the plan years ended December 31, 2021 and 2020. The Company sponsors a deferred compensation plan for directors. Under this plan, participating directors may defer their Board fees and receive the deferred amounts plus interest upon completion of their time as a director or at their election. The cumulative deferred contributions for the directors in the plan and earnings thereon at December 31, 2021 and 2020 totaled approximately $ 2,442,000 and $ 2,830,000 , respectively. These amounts are included in other liabilities in the accompanying consolidated balance sheets. No contributions have been made to the plan since 2015 as the plan was frozen as of June 30, 2015. The Company has a supplemental executive retirement plan (SERP) in place for one of its executives. This normal retirement benefit consists of a monthly benefit payment equal to the amount that is paid from the annuity contract designated under the SERP. The normal retirement benefit will commence on the first day of the second month following the date of the executive’s separation from service, payable monthly and continuing for the executive’s lifetime. The monthly benefit equals $ 8,333 . If the executive dies after benefit payments have commenced but before receiving a total of 180 monthly payments, the Company shall pay to the executive’s beneficiary the greater of (i) the account balance or (ii) the present value of the remaining payments to satisfy a total of 180 monthly payments. Such death benefit shall be payable in a lump sum no later than 60 days from the date of death. If the executive dies after receiving 180 or more benefit payments, the SERP will terminate and no additional payments will be made. The accrued liability for the plan at December 31, 2021 and 2020 was approximately $ 459,000 and $ 439,000 , respectively and is recorded in other liabilities. The related expense for the plan was approximately $ 20,000 and $ 410,000 in 2021 and 2020, respectively. The earnings from the increase in the value of the annuity for the years ending December 31, 2021 and 2020 was approximately $ 4,000 and $ 5,000 , respectively. The carrying value of the annuity was approximately $ 956,000 and $ 952,000 as of December 31, 2021 and 2020, respectively and is recorded in other assets.

Stock-Based Compensation Plans

Stock-Based Compensation Plans	12 Months Ended
	Dec. 31, 2021
Share Based Compensation Arrangement By Share Based Payment Award Additional General Disclosures [Abstract]
Stock-Based Compensation Plans	(11) Stock-Based Compensation Plans The Company may grant stock options and restricted stock under its stock-based compensation plans to certain officers, employees and directors. These plans are administered by a committee of the Board of Directors. In August 2018, with subsequent shareholder approval, the 2018 Equity Incentive Plan was approved up to 133,987 share of common stock and up to 334,970 stock options. Amounts related to periods prior to the date of the Conversion (January 20, 2021) have been restated to give the retroactive recognition to the exchange ratio applied in the Conversion ( 0.90686 -to-one) (see Note 1). A Black-Scholes model is utilized to estimate the fair value of stock option grants, while the market price of the Company’s stock at the date of grant is used to estimate the fair value of restricted stock awards. The weighted average assumptions used in the Black-Scholes model for valuing stock option grants were as follows. December 31 2021 2020 Dividend yield 0.00 % 0.00 % Expected volatility 36.62 % 25.40 % Risk-free interest rate 1.04 % 0.53 % Expected average life 7.5 7.5 Weighted average per share fair value $ 5.34 $ 2.02 Stock options of 13,454 with a weighted average exercise price of $ 13.09 were granted during the year ended December 31, 2021. There were no restricted stock grants during the year ended December 31, 2021. A summary of the Company's stock option activity is summarized below. Stock Options Option Shares Outstanding Weighted Average Exercise Price Weighted Average Remaining Life (Years) Aggregate Intrinsic Value (in thousands) Outstanding - January 1, 2020 324,916 $ 11.14 9.30 — Granted 130,588 7.77 Exercise of stock options* — — Forfeited ( 133,988 ) — Outstanding - December 31, 2020 321,516 $ 9.77 8.60 $ 203 Exercisable - December 31, 2020 38,186 $ 11.14 8.20 $ — Granted 13,454 $ 13.09 Exercise of stock options* — Forfeited — — Outstanding - December 31, 2021 334,970 $ 9.90 7.80 $ 676 Exercisable - December 31, 2021 102,489 $ 10.28 7.57 $ 274 * The terms of the stock option agreements permit having a number of shares of stock withheld, the fair market value of which as of the date of exercise is sufficient to satisfy the exercise price and/or tax withholding requirements. Intrinsic value represents the amount by which the fair market value of the underlying stock exceeds the exercise price of the stock options. A summary of the Company's restricted stock activity is summarized below. Restricted Stock Weighted Average Grant Date Fair Value Restricted Shares Outstanding Outstanding - January 1, 2020 $ 10.10 120,588 Granted 7.05 64,666 Vested* — ( 13,865 ) Forfeited — ( 51,266 ) Outstanding - December 31, 2020 $ 8.63 120,123 Granted $ — — Vested* — ( 26,787 ) Forfeited — — Outstanding - December 31, 2021 $ 8.63 93,336 *The terms of the restricted stock agreements permit the surrender of shares of the Company upon vesting in order to satisfy applicable tax withholding requirements at the minimum statutory withholding rate, and accordingly, 2,641 shares were surrendered during the year ended December 31, 2021. The Company recognized approximately $ 410,000 and $ 298,000 of stock-based compensation expense (included in salary and employee benefits on the consolidated statements of income) during 2021 and 2020, respectively, associated with its common stock awards granted to directors and officers. As of December 31, 2021, there was approximately $ 1.2 million of unrecognized compensation cost related to equity award grants. The cost is expected to be recognized over the remaining vesting period of approximately 3.0 years.

Regulatory Matters

Regulatory Matters	12 Months Ended
	Dec. 31, 2021
Regulatory Matters [Abstract]
Regulatory Matters	(12) Regulatory Matters The Bank is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios of Common Equity Tier 1, Total and Tier I Capital to Risk-Weighted Assets and of Tier I Capital to Average Assets. Management believes, as of December 31, 2021 and 2020, that the Bank meets all capital adequacy requirements to which it is subject. As of December 31, 2021 and 2020, the most recent notification from the OCC categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, the Bank must maintain minimum common equity Tier 1 risk-based, total risk-based, Tier I risk-based and Tier I leverage ratios as set forth below. There are no conditions or events since that notification that management believes have changed the Bank’s category. The Bank’s actual capital amounts and ratios for December 31, 2021 and 2020 are presented in the table below (in thousands). For Capital To Be Well Capitalized Adequacy Under Prompt Corrective Actual Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio As of December 31, 2021: Common Equity Tier 1 (to Risk Weighted Assets) $ 83,662 13 % $ 27,960 4.50 % $ 40,386 6.50 % Total Capital (to Risk Weighted Assets) $ 91,438 15 % $ 49,706 8 % $ 62,133 10 % Tier I Capital (to Risk Weighted Assets) $ 83,662 13 % $ 37,280 6 % $ 49,706 8 % Tier I Capital (to Average Assets) $ 83,662 11 % $ 31,070 4 % $ 38,837 5 % As of December 31, 2020: Common Equity Tier 1 (to Risk Weighted Assets) $ 61,290 12 % $ 23,531 4.50 % $ 33,989 6.50 % Total Capital (to Risk Weighted Assets) $ 67,667 13 % $ 41,833 8 % $ 52,291 10 % Tier I Capital (to Risk Weighted Assets) $ 61,290 12 % $ 31,375 6 % $ 41,833 8 % Tier I Capital (to Average Assets) $ 61,290 10 % $ 24,661 4 % $ 30,826 5 % A reconciliation of the Bank’s equity capital amounts under GAAP to tier 1 and total risk-based capital for December 31, 2021 and 2020 are presented in the table below (in thousands). December 31, December 31, Regulatory capital: Stockholders’ equity $ 103,187 82,003 Intangible assets ( 18,749 ) ( 18,940 ) Disallowed deferred taxes ( 776 ) ( 1,773 ) Tier 1 risk-based capital 83,662 61,290 Eligible allowance for loan losses 7,776 6,377 Total risk-based capital $ 91,438 67,667

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
Related Party Transactions	(13) Related Party Transactions The Company conducts transactions with its directors and executive officers, including companies in which they have beneficial interest, in the normal course of business. It is the policy of the Company that loan transactions with directors and executive officers be made on substantially the same terms as those prevailing at the time for comparable loans to other persons. The following is a summary of activity for related party loans: (in thousands). For Year Ended For Year Ended Beginning balance $ 927 $ 1,034 Loans advanced 3 206 Repayments ( 603 ) ( 313 ) Ending balance $ 327 $ 927 The aggregate amount of deposits from directors and executive officers and their affiliates amounted to approximately $ 2.4 million and $ 2.5 million at December 31, 2021 and 2020, respectively.

Commitments

Commitments	12 Months Ended
	Dec. 31, 2021
Commitments And Contingencies Disclosure [Abstract]
Commitments	(14) Commitments The Company is a party to financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments could include commitments to extend credit. Those instruments involve, to varying degrees, elements of credit risk in excess of the amount recognized in the balance sheet. The contract amounts of those instruments reflect the extent of involvement the Company has in particular classes of financial instruments. The exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit is represented by the contractual amount of those instruments. The Bank uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. In most cases, the Bank requires collateral or other security to support financial instruments with credit risk. Appropriate Contract Amount December 31, December 31, Financial instruments whose contract amounts Commitments to extend credit $ 69,582 $ 63,485 The dollar amount and ranges of rates of commitments to fund fixed rate loans follows: (in thousands) December 31,2021 December 31,2020 Amount Interest Amount Interest Commitments to extend credit $ 26,820 2.75 %- 6.95 % 34,391 2.85 %- 6.95 % Commitments to extend credit are agreements to lend to a customer, as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments may expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Bank evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Bank, upon extension of credit is based on management’s credit evaluation. Collateral held varies but may include unimproved and improved real estate, certificates of deposit, or personal property.

Fair Value Measurements and Dis

Fair Value Measurements and Disclosures	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements and Disclosures	(15) Fair Value Measurements and Disclosures The Company utilizes fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. From time to time, the Company may be required to record at fair value other assets on a nonrecurring basis, such as impaired loans and other real estate owned. These nonrecurring fair value adjustments typically involve application of the lower of cost or market accounting or write-downs of individual assets. Additionally, the Company is required to disclose, but not record, the fair value of other financial instruments. Fair Value Hierarchy The Company groups assets and liabilities at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. These levels are: Level 1 – Valuation is based upon quoted prices for identical instruments traded in active markets. Level 2 – Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. Level 3 – Valuation is generated from model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of option pricing models, discounted cash flow models and similar techniques. Following is a description of valuation methodologies used for assets and liabilities recorded at fair value. Cash and Cash Equivalents The carrying value of cash and cash equivalents is a reasonable estimate of fair value. Investment Securities Available-for-Sale Available-for-sale securities are recorded at market value. Fair value measurement is based upon quoted prices, if available. If quoted prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques such as the present value of future cash flows, adjusted for the security’s credit rating, prepayment assumptions and other factors such as credit loss assumptions. Level 1 securities include those traded on an active exchange, such as the New York Stock Exchange, and U.S. Treasury securities that are traded by dealers or brokers in active over-the-counter market funds. Level 2 securities include mortgage-backed securities issued by government sponsored enterprises and state, county and municipal bonds. Securities classified as Level 3 include asset-backed securities in less liquid markets. Other Investments The carrying value of other investments includes FHLB Stock and FNBB stock and approximates fair value. Loans The Company does not record loans at fair value on a recurring basis. However, from time to time, a loan is considered impaired and a specific reserve is established within the allowance for loan losses. Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement are considered impaired. Once a loan is identified as individually impaired, management measures impairment in accordance with GAAP. The fair value of impaired loans is estimated using one of three methods, including collateral value, market value of similar debt, and discounted cash flows. Those impaired loans not requiring an allowance represent loans for which the fair value of the expected repayments or collateral exceed the recorded investments in such loans. In accordance with GAAP, impaired loans where an allowance is established based on the fair value of collateral require classification in the fair value hierarchy. When the fair value of the collateral is based on an observable market price, the Company records the impaired loan as nonrecurring Level 2. When an appraised value is used or an appraisal is not available or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price, the Company records the impaired loan as nonrecurring Level 3. For disclosure purposes, the fair value of fixed rate loans which are not considered impaired is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings. For unimpaired variable rate loans, the carrying amount is a reasonable estimate of fair value for disclosure purposes. Other Real Estate Owned Other real estate properties are adjusted to fair value upon transfer of the loans to other real estate. Subsequently, other real estate assets are carried at fair value less estimated selling costs. Fair value is based upon independent market prices, appraised values of the collateral or management’s estimation of the value of the collateral. When the fair value of the collateral is based on an observable market price, the Bank records the other real estate as nonrecurring Level 2. When an appraised value is used or an appraisal is not available or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price, the Bank records the other real estate asset as nonrecurring Level 3. Bank Owned Life Insurance The carrying value of Bank Owned Life Insurance approximates fair value. Deposits The fair value of savings accounts, interest-bearing checking accounts, noninterest-bearing checking accounts and market rate checking accounts is the amount payable on demand at the reporting date, while the fair value of fixed maturity certificate of deposits is estimated by discounting the future cash flows using current rates at which comparable certificates would be issued. FHLB Advances Federal Home Loan Bank advances are carried at cost and the fair value is obtained from the Federal Home Loan Bank of Atlanta. PPPLF and Other Borrowings The carrying value of other borrowings reasonably approximates fair value. The Payroll Protection Program Liquidity Facility funding has a fixed rate of 0.35 % for all participants; thus, the carrying value approximates the estimated fair value. Commitments to Extend Credit Commitments to extend credit are short-term and, therefore, the carrying value and the fair value are considered immaterial for disclosure. Assets Recorded at Fair Value on a Recurring Basis The Company’s only assets recorded at fair value on a recurring basis are available-for-sale securities that had a fair value of $ 48.6 million and $ 24.0 million at December 31, 2021 and 2020, respectively. They are classified as Level 2. Assets Recorded at Fair Value on a Nonrecurring Basis The Company may be required, from time to time, to measure certain assets at fair value on a nonrecurring basis in accordance with GAAP. These include assets that are measured at the lower of cost or market that were recognized at fair value below cost at the end of the period. Assets measured at fair value on a nonrecurring basis are included in the table below as of December 31, 2021 and 2020 (in thousands). December 31, 2021 Level 1 Level 2 Level 3 Total Other real estate owned $ — — 3,538 3,538 Impaired loans — — 7,221 7,221 Total assets at fair value $ — — 10,759 10,759 December 31, 2020 Level 1 Level 2 Level 3 Total Other real estate owned $ — — 1,292 1,292 Impaired loans — — 7,223 7,223 Total assets at fair value $ — — 8,515 8,515 The carrying amounts and estimated fair values (in thousands) of the Company’s financial instruments at December 31, 2021 and 2020 are as follows: December 31, 2021 December 31, 2020 Carrying Estimated Carrying Estimated Amount Fair Value Amount Fair Value Financial assets: Cash and cash equivalents $ 111,776 111,776 178,253 178,253 Investment securities available-for-sale $ 48,557 48,557 24,005 24,005 Other investments $ 2,476 2,476 1,596 1,596 Loans, net $ 575,825 581,541 592,254 611,625 Bank owned life insurance $ 15,377 15,377 15,311 15,311 Financial liabilities: Deposits $ 614,799 601,036 640,165 639,269 FHLB advances $ 48,988 48,197 19,117 16,769 PPPLF borrowings $ — — 100,813 100,813 Other borrowings $ — — 5,000 5,000 Limitations Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument. Because no market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on many judgments. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Fair value estimates are based on existing on and off-balance sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. Significant assets and liabilities that are not considered financial instruments include deferred income taxes and premises and equipment. In addition, the tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in the estimates.

Condensed Parent Company Only F

Condensed Parent Company Only Financial Information	12 Months Ended
	Dec. 31, 2021
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Condensed Parent Company Only Financial Information	(16) Condensed Parent Company Only Financial Information A condensed summary of Affinity Bancshares, Inc.’s financial information is shown. Parent Only Condensed Balance Sheets December 31, December 31, Assets Cash in bank subsidiary $ 11,222 $ 364 Investment in subsidiary, at underlying equity 103,188 82,004 Loan receivable - ESOP 5,446 2,617 Other assets 1,279 857 Total assets $ 121,135 $ 85,842 Liabilities and Stockholders' Equity Liabilities : Other borrowings $ — $ 5,000 Other liabilities 167 57 Total liabilities 167 5,057 Stockholders' equity: Total stockholders' equity 120,968 80,785 Total liabilities and stockholders' equity $ 121,135 $ 85,842 Parent Only Condensed Statements of Income Year Ended Year Ended 2021 2020 Interest income: Income on ESOP loan $ 177 $ 120 Total interest income 177 120 Interest expense: Interest expense on borrowings 10 82 Total interest expense 10 82 Net interest income 167 38 Noninterest expenses: Other noninterest expense 537 565 Loss before income taxes ( 370 ) ( 527 ) Income tax benefit 227 14 Loss before equity in undistributed earnings of Bank ( 143 ) ( 513 ) Equity in undistributed earnings of Bank 7,716 3,601 Net income $ 7,573 $ 3,088 Parent Only Condensed Statements of Cash Flows Year Ended Year Ended 2021 2020 Cash flows from operating activities: Net income $ 7,573 $ 3,088 Adjustments to reconcile net income to net cash used in operating Equity in undistributed earnings of Bank ( 7,716 ) ( 3,601 ) Other ( 311 ) ( 256 ) Net cash used in operating activities ( 454 ) ( 769 ) Cash flows from investing activities: Payments from ESOP loan 131 209 Cash paid in business combination — ( 40,388 ) Purchase ABB preferred stock — ( 10,848 ) Capital injection into the Bank ( 16,267 ) ( 5,000 ) Net cash used in investing activities ( 16,136 ) ( 56,236 ) Cash flows from financing activities: Proceeds from stock offering 37,108 — Stock offering expenses ( 1,699 ) — Funding of ESOP ( 2,961 ) — Proceeds from other borrowings — 5,000 Repay other borrowings ( 5,000 ) — Dividend from Bank — 40,600 Net cash provided by financing activities 27,448 45,600 Net change in cash and cash equivalents 10,858 ( 11,405 ) Cash and cash equivalents at beginning of period 364 11,560 Cash and cash equivalents at end of period $ 11,222 $ 364

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2021
Prior Reorganization	Prior Reorganization On October 31, 2016, the Board of Directors of the Bank adopted a Plan of Reorganization from a Mutual Savings Association to a Mutual Holding Company and Stock Issuance Plan (the “Plan”). The Plan was subject to the approval of the Board of Governors of the Federal Reserve System and the affirmative vote of at least a majority of the total votes eligible to be cast by the voting members of the Bank at a special meeting. Pursuant to the Plan, in April 2017 the Bank converted to a stock savings bank organized in the mutual holding company structure. The Bank issued all of its outstanding stock to a new holding company, Community First Bancshares, Inc., which sold 3,467,595 shares of common stock to the public at $ 10.00 per share, representing 46 % of its outstanding shares of common stock. This amount included shares purchased by the ESOP, which purchased 3.92 % of the common stock of the new holding company outstanding upon the completion of the reorganization and stock issuance. Community First Bancshares, Inc. was organized as a corporation under the laws of the United States. Community First Bancshares, MHC was organized as a mutual holding company under the laws of the United States and owned 54 % of the outstanding common stock of Community First Bancshares, Inc.
Basis of Presentation	Basis of Presentation The accounting principles followed by the Company and the methods of applying these standards and principles conform with accounting principles generally accepted in the United States of America (“GAAP”) and with general practices within the banking industry. In preparing consolidated financial statements in conformity with GAAP, management is required to make estimates and assumptions that affect the reported amounts in the consolidated financial statements. Actual results could differ significantly from those estimates. Material estimates common to the banking industry that are particularly susceptible to significant change in the near term include, but are not limited to, the determination of the allowance for loan losses, the valuation of real estate acquired in connection with or in lieu of foreclosure on loans, and valuation allowances associated with deferred tax assets, the recognition of which are based on future taxable income. Impaired loans and foreclosed real estate properties are carried at fair value less estimated selling costs, the determination of which requires significant assumptions, estimates and judgments. Fair values for foreclosed real estate properties and impaired loans collateralized by real estate are principally based on independent appraised values. Fair value is defined by GAAP as the price that would be received to sell an asset in an orderly transaction between market participants at the measurement date. GAAP further defines an orderly transaction as a transaction that assumes exposure to the market for a period prior to the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets. An orderly transaction is not a forced transaction like a forced liquidation or distressed sale. Basic and diluted earnings per share for 2021 was $ 1.10 and $ 1.09 , respectively. The net earnings for this period was $ 7,573,000 and the weighted average common shares outstanding were 6,873,466 for basic and 6,696,406 for diluted. Basic and diluted earnings per share for the year ended December 31, 2020 was $ 0.41 . The net earnings for this period was $ 3,088,000 and the weighted average common shares outstanding were 7,570,797 .
Emerging Growth Company Status	Emerging Growth Company Status The Company qualifies as an “emerging growth company” under the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”). For as long as the Company is an emerging growth company, it may choose to take advantage of exemptions from various reporting requirements applicable to other public companies but not to emerging growth companies. An emerging growth company may elect to use the extended transition period to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are made applicable to private companies, but must make such election when the Company is first required to file a registration statement. The Company has elected to use the extended transition period described above and intends to maintain its emerging growth company status as allowed under the JOBS Act.
Future Accounting Pronouncements	Future Accounting Pronouncements In February 2016, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842). ASU 2016-02 provides certain targeted improvements to align lessor accounting with the lessee accounting model. It requires lessees to recognize the assets and liabilities on their balance sheet for the rights and obligations created by most leases and continue to recognize expenses on their income statements over the lease term. It will also require disclosures designed to give financial statement users information on the amount, timing and uncertainty of cash flows arising from leases. For emerging growth companies, this update will be effective for fiscal years beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022. The adoption of this ASU is expected to result in recording a right of use asset and a corresponding lease liability related to existing leases. In April 2019, the FASB issued ASU 2019-04 (“ASU 2019-04”), Codification Improvements to Topic 326, Financial Instruments – Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments. ASU 2019-04 includes technical corrections relating to scope, held-to-maturity disclosures, measurement alternative and remeasurement of equity securities. The effective date is for fiscal years beginning after December 31, 2019, including interim periods within those fiscal years. The adoption of this ASU is not expected to have a material effect on the Company’s financial position, result of operations or cash flows. Accounting Standards Update 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”), is intended to provide financial statement users with more decision-useful information related to expected credit losses on financial instruments and other commitments to extend credit by replacing the current incurred loss impairment methodology with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to determine credit loss estimates. ASU 2016-13 does not specify the method for measuring expected credit losses, and an entity is allowed to apply methods that reasonably reflect its expectations of the credit loss estimate. Additionally, the amendments of ASU 2016-13 require that credit losses on available-for-sale debt securities be presented as an allowance rather than as a write-down. The Company selected a third-party vendor to provide allowance for loan loss software as well as advisory services in developing a new methodology that would be compliant with ASU 2016-13, and is working with the approved third-party vendor to develop the CECL model and evaluate its impact. ASU 2016-13 was originally to become effective for the Company for interim and annual periods beginning after December 15, 2019. In November 2019, the FASB issued Accounting Standards Update 2019 – 10, Financial Instruments – Credit Losses (Topic 326), Derivatives and Hedging (Topic 815) and Leases (Topic 842): Effective Dates (“ASU 2019–10”). ASU 2019-10 amends the effective date for certain entities, including the Company, for ASU 2016-13, Financial Instruments – Credit Losses. Because the Company is a smaller reporting company, ASU 2016-13 is now effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years.
Business Combinations	Business Combinations The Company accounts for business combinations under the acquisition method of accounting in accordance with ASC 805, Business Combinations (“ASC 805”). The Company recognizes the full fair value of the assets acquired and liabilities assumed and immediately expenses transaction costs. If the amount of consideration exceeds the fair value of assets purchased less the fair value of liabilities assumed, goodwill is recorded. Alternatively, if the amount by which the fair value of assets purchased exceeds the fair value of liabilities assumed and consideration paid, a gain (“bargain purchase gain”) is recorded. Fair values are subject to refinement for up to one year after the closing date of an acquisition as information relative to closing date fair values becomes available. Results of operations of the acquired business are included in the statements of income from the effective date of the acquisition. Additional information regarding the recent acquisition is provided in Note 2.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include cash and due from banks and interest-earning deposits in other depository institutions.
Investment Securities	Investment Securities The Company classifies its investment securities in one of three categories: trading, available-for-sale, or held-to-maturity. Trading securities are bought and held principally for the purpose of selling them in the near term. Held-to-maturity securities are those securities for which the Company has the ability and intent to hold the security until maturity. All other securities not included in trading or held-to-maturity are classified as available-for-sale. Held-to-maturity securities are recorded at cost, adjusted for the amortization or accretion of premiums or discounts. Transfers of securities between categories are recorded at fair value at the date of transfer. Management evaluates investment securities for other-than-temporary impairment on an annual basis. A decline in the market value of any held-to-maturity investment below cost that is deemed other-than-temporary is charged to earnings for the decline in value deemed to be credit related. The decline in value attributed to non-credit related factors is recognized in other comprehensive income and a new cost basis in the security is established. Premiums and discounts are amortized or accreted over the life of the related security as an adjustment to the yield. Realized gains and losses for securities classified as held-to-maturity are included in earnings and are derived using the specific identification method for determining the cost of securities sold.
Loans, Loan Fees and Interest Income on Loans	Loans, Loan Fees and Interest Income on Loans Loans are stated at the principal amount outstanding, net of the allowance for loan losses. Interest on loans is calculated by using the simple interest method on daily balances of the principal amount outstanding. Accrual of interest is discontinued on a loan when management believes, after considering economic and business conditions and collection efforts that the borrower’s financial condition is such that collection of interest is doubtful. When a loan is placed on nonaccrual status, previously accrued and uncollected interest is charged to interest income on loans. Generally, payments on nonaccrual loans are applied first to principal. Interest income is recorded after principal has been satisfied and as payments are received. Loan fees, net of certain origination costs, are deferred and amortized over the lives of the respective loans as an adjustment to the yield. A loan is impaired when, based on current information and events, it is probable that all amounts due according to the contractual terms of the loan agreement will not be collected. Impaired loans are measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate, or at the loan’s observable market price, or at the fair value of the collateral of the loan if the loan is collateral dependent. Estimated impairment losses for collateral dependent loans are set up as specific reserves. Interest income on impaired loans is recognized using the cash-basis method of accounting during the time the loans are impaired.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses is established through a provision for loan losses charged to expense. Loans are charged against the allowance for loan losses when management believes that the collection of the principal is unlikely. The allowance represents an amount, which in management’s judgment, will be adequate to absorb probable losses on existing loans that may become uncollectible. Management considers the following when assessing risk in the Company's loan portfolio segments: Commercial (secured by real estate): Commercial real estate loans are dependent on the industries tied to these loans. Commercial real estate loans are primarily secured by office and industrial buildings, warehouses, small retail shopping facilities and various special purpose properties, including hotels and restaurants. Financial information is obtained from the borrowers and/or the individual project to evaluate cash flows sufficiency to service debt and is periodically updated during the life of the loan. Loan performance may be adversely affected by factors impacting the general economy or conditions specific to the real estate market such as geographic location and/or property type. Commercial and industrial: Commercial and industrial loans are primarily for working capital, physical asset expansion, asset acquisition loans and other. These loans are made based primarily on historical and projected cash flow of the borrower and secondarily on the underlying collateral provided by the borrower. The cash flows of borrowers, however, may not behave as forecasted and collateral securing loans may fluctuate in value due to economic or individual performance factors. Financial information is obtained from the borrowers to evaluate cash flows sufficiency to service debt and are periodically updated during the life of the loan. Construction, land and acquisition and development: Construction, land and acquisition and development loans are secured by vacant land and/or property that are in the process of improvement, including (a) land development preparatory to erecting vertical improvements or (b) the onsite construction of industrial, commercial, residential, or farm buildings. Repayment of these loans can be dependent on the sale of the property to third parties or the successful completion of the improvements by the builder for the end user. In the event a loan is made on property that is not yet improved for the planned development, there is the risk that necessary approvals will not be granted or will be delayed. Construction loans also run the risk that improvements will not be completed on time or in accordance with specifications and projected costs. Residential mortgage 1-4 family: Residential real estate loans are affected by the local residential real estate market, the local economy, and, for variable rate mortgages, movement in indices tied to these loans. At the time of origination, the Company evaluates the borrower's repayment ability through a review of debt to income and credit scores. Appraisals are obtained to support the loan amount. Financial information is obtained from the borrowers and/or the individual project to evaluate cash flows sufficiency to service debt at the time of origination. Consumer installment: Consumer and other loans may take the form of auto loans, installment loans, demand loans, or single payment loans and are extended to individuals for household, family, and other personal expenditures. At the time of origination, the Company evaluates the borrower's repayment ability through a review of debt to income and credit scores. Management’s judgment in determining the adequacy of the allowance is based on evaluations of the probability of collection of loans. These evaluations take into consideration such factors as changes in the nature and volume of the loan portfolio, current economic conditions that may affect the borrower’s ability to pay, overall portfolio quality, and review of specific problem loans. Management uses an external independent loan reviewer to challenge and corroborate its loan gradings and to provide additional analysis in determining the adequacy of the allowance for loan losses and necessary provisions to the allowance. Management believes the allowance for loan losses is adequate. While management uses available information to recognize losses on loans, future additions to the allowance may be necessary based on changes in economic conditions. In addition, regulatory agencies, as an integral part of their examination process, periodically review the allowance for loan losses, and as a result of these reviews the Bank may have to adjust or make additions to the allowance for loan losses as a part of management’s ongoing evaluation of its adequacy.
Other Real Estate Owned	Other Real Estate Owned Other real estate owned includes real estate acquired through foreclosure. Each other real estate property is initially recorded at its fair value less estimated costs to sell and is subsequently carried at fair value less estimated costs to sell. All foreclosed properties are actively marketed for sale. Fair value is principally based on independent appraisals performed by local credentialed appraisers. Any excess of the carrying value of the related loan over the fair value of the real estate at the date of foreclosure is charged against the allowance for loan losses. Properties in other real estate are re-evaluated annually. Any expense incurred in connection with holding such real estate or resulting from any write-downs in value subsequent to foreclosure is included in noninterest expense. When the other real estate property is sold, a gain or loss is recognized on the sale for the difference between the sales proceeds and the carrying amount of the property.
Premises and Equipment	Premises and Equipment Premises and equipment are carried at cost less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the related assets. When assets are retired or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts, and any resulting gain or loss is reflected in earnings for the period. The cost of maintenance and repairs that do not improve or extend the useful life of the respective asset is charged to earnings as incurred, whereas significant renewals and improvements are capitalized. The range of estimated useful lives for premises and equipment are as follows: Equipment and furniture 3 - 10 years Buildings 40 years Automobile 5 years
Bank Owned Life Insurance	Bank Owned Life Insurance The Bank has purchased life insurance policies on certain key executives and members of management. Bank owned life insurance is recorded at the amount that can be realized under the insurance contract at the balance sheet date, which is the cash surrender value adjusted for other changes or other amounts due that are probable at settlement.
Income Taxes	Income Taxes The Company uses the liability method of accounting for income taxes, which requires the recognition of deferred tax assets and liabilities for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Additionally, this method requires the recognition of future tax benefits, such as net operating loss carryforwards, to the extent that realization of such benefits is more likely than not. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which the assets and liabilities are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income tax expense in the period that includes the enactment date. In the event the future tax consequences of differences between the financial reporting bases and the tax bases of the Company’s assets and liabilities results in deferred tax assets, an evaluation of the probability of being able to realize the future benefits indicated by such asset is required. A valuation allowance is provided for the portion of the deferred tax asset when it is more likely than not that some portion or all of the deferred tax asset will not be realized. In assessing the realization of the deferred tax assets, management considers the scheduled reversals of deferred tax liabilities, projected future taxable income, and tax planning strategies. The Company currently evaluates income tax positions judged to be uncertain. A loss contingency reserve is accrued if it is probable that the tax position will be challenged, it is probable that the future resolution of the challenge will confirm that a loss has been incurred, and the amount of such loss can be reasonably estimated.
Revenue Recognition	Revenue Recognition The core revenue recognition principle requires the Company to recognize revenue to depict the transfer of services or products to customers in an amount that reflects the consideration to which the Company expects to be entitled to receive in exchange for those services or products recognized as performance obligations are satisfied. The guidance includes a five-step model to apply to revenue recognition, consisting of the following: (1) identify the contract with a customer; (2) identify the performance obligation(s) within the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligation(s) within the contract; and (5) recognize revenue when (or as) the performance obligation(s) are/is satisfied. Service charges on deposit accounts: The deposit contract obligates the Company to serve as a custodian of the customer’s deposited funds and is generally terminable at will by either party. The contract permits the customer to access the funds on deposit and request additional services for which the Company earns a fee, including NSF and analysis charges, related to the deposit account. Income for deposit accounts is recognized over the statement cycle period (typically on a monthly basis) or at the time the service is provided, if additional services are requested. ATM fee income: A contract between the Company, as a card-issuing bank, and its customers whereby the Company receives a transaction fee from the merchant’s bank whenever a customer uses a debit or credit card to make a purchase. These fees are earned as the service is provided (i.e., when the customer uses a debit or ATM card). Other noninterest income: Other noninterest income includes several items, such as wire transfer income, check cashing fees, the increase in cash surrender value of life insurance and safe deposit box rental fees. This income is generally recognized at the time the service is provided and/or the income is earned.
Risk and Uncertainties	Risk and Uncertainties The COVID-19 pandemic has disrupted and adversely affected the Company’s business and results of operations, and the ultimate impacts of the pandemic on the Company’s business, financial condition and results of operations will depend on future developments and other factors that are highly uncertain and will be impacted by the scope and duration of the pandemic and actions taken by governmental authorities in response to the pandemic.
FHLB Stock
Investment Securities	Other Investments The Federal Home Loan Bank (“FHLB”) stock is an investment that does not have a readily determinable fair value and is carried at cost. The Company is required to hold the FHLB stock as a member of the FHLB and transfer of the stock is substantially restricted. The First National Bankers Bank (“FNBB”) stock is an investment that does not have a readily determinable fair value and is carried at cost. The Company acquired the stock when it borrowed funds at the holding company from FNBB.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Schedule of Estimated Useful for Premises and Equipment	The range of estimated useful lives for premises and equipment are as follows: Equipment and furniture 3 - 10 years Buildings 40 years Automobile 5 years

Acquisition (Tables)

Acquisition (Tables)	12 Months Ended
	Dec. 31, 2021
Business Combinations [Abstract]
Schedule of Fair Value of Assets Acquired and Liabilities Assumed	The fair value of the assets acquired and liabilities assumed on January 10, 2020 was as follows: As recorded by Fair Value As recorded by ABB Adjustments CFBI (in thousands) Cash, cash equivalents and securities available-for-sale $ 41,561 $ — $ 41,561 Loans 264,176 ( 2,327 ) 261,849 Other real estate owned 790 — 790 Core deposit intangible — 1,913 1,913 Fixed assets and other assets 11,629 — 11,629 Total assets acquired 318,156 ( 414 ) 317,742 Deposits 249,049 265 249,314 Borrowings and other liabilities 37,764 1,654 39,418 Total liabilities acquired 286,813 1,919 288,732 Excess of assets acquired over liabilities acquired 31,343 ( 2,333 ) 29,010 Purchase price 40,338 Net assets acquired 29,010 Less preferred stock redeemed ( 5,891 ) Net assets acquired less preferred stock 23,119 Goodwill $ 17,219
Schedule of Unaudited Proforma Information Results of Operations	The following unaudited pro forma information presents the results of operations for the year ended December 31, 2021 and 2020, as if the acquisition had occurred January 1 of each period. These unaudited pro forma results are presented for illustrative purposes and are not intended to represent or be indicative of the actual results of operations of the combined company that would have been achieved had the acquisition occurred at the beginning of each period presented, nor are they intended to represent or be indicative of future results of operations. Year Ended December 31, 2021 2020 (In thousands except per share data) Total revenues, net of interest expense $ 32,255 $ 27,599 Net income 6,512 2,028 Diluted earnings per share 0.86 0.27

Investment Securities (Tables)

Investment Securities (Tables)	12 Months Ended
	Dec. 31, 2021
Investments Debt And Equity Securities [Abstract]
Schedule of Investment Securities Available-for-Sale	Investment securities available-for-sale at December 31, 2021 and 2020 are as follows: (in thousands) Amortized Gross Gross Estimated December 31, 2021 Cost Gains Losses Fair Value U.S. Treasury securities $ 5,068 5 ( 23 ) 5,050 Municipal securities - tax exempt 540 — ( 4 ) 536 Municipal securities - taxable 796 — ( 6 ) 790 U.S. Government sponsored enterprises 11,837 — ( 295 ) 11,542 Government agency mortgage-backed securities 21,371 200 ( 232 ) 21,339 Corporate securities 9,425 20 ( 145 ) 9,300 Total $ 49,037 225 ( 705 ) 48,557 December 31, 2020 U.S. Government sponsored enterprises $ 11,870 1 ( 12 ) 11,859 Government agency mortgage-backed securities 9,206 326 — 9,532 Corporate securities 2,715 — ( 101 ) 2,614 Total $ 23,791 327 ( 113 ) 24,005
Schedule of Amortized Cost and Estimated Fair Value of Investment Securities Available-for-Sale by Contractual Maturity	The amortized cost and estimated fair value of investment securities available-for-sale at December 31, 2021 and 2020, by contractual maturity, are shown below. Maturities of mortgage-backed securities will differ from contractual maturities because borrowers may have the right to call or prepay certain obligations with or without call or prepayment penalties. Therefore, these securities are not included in the maturity categories. (in thousands) December 31, 2021 2020 Amortized Estimated Amortized Estimated Cost Fair Value Cost Fair Value U.S. Treasury securities Within 1 year $ — — — — Greater than 1 to 5 years — — — — Greater than 5 to 10 years 5,068 5,050 — — Greater than 10 years — — — — 5,068 5,050 — — Municipal securities - tax exempt Within 1 year — — — — Greater than 1 to 5 years — — — — Greater than 5 to 10 years — — — — Greater than 10 years 540 536 — — 540 536 — — Municipal securities - taxable Within 1 year — — — — Greater than 1 to 5 years — — — — Greater than 5 to 10 years — — — — Greater than 10 years 796 790 — — 796 790 — — Government agency securities Within 1 year — — — — Greater than 1 to 5 years — — — — Greater than 5 to 10 years — — — — Greater than 10 years 11,837 11,542 11,870 11,859 11,837 11,542 11,870 11,859 Corporate securities Within 1 year — — — — Greater than 1 to 5 years — — — — Greater than 5 to 10 years 8,925 8,875 2,215 2,189 Greater than 10 years 500 425 500 425 9,425 9,300 2,715 2,614 Government agency mortgage-backed securities 21,371 21,339 9,206 9,532 Total $ 49,037 48,557 $ 23,791 24,005

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2021
Receivables [Abstract]
Summary of Major Classifications of Loans	Major classifications of loans, by collateral code, at December 31, 2021 and 2020 are summarized as follows: (in thousands) December 31, 2021 December 31, 2020 Commercial (secured by real estate) $ 262,704 178,571 Commercial and industrial 152,835 155,554 Paycheck Protection Program loans 17,883 101,749 Construction, land and acquisition & development 16,317 23,571 Residential mortgage 1-4 family 63,065 91,777 Consumer installment 71,580 47,393 584,384 598,615 Less allowance for loan losses ( 8,559 ) ( 6,361 ) $ 575,825 $ 592,254
Summary of Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment and Based on Impairment Method	The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2021 and 2020: (in thousands) December 31, 2021 Commercial Commercial Paycheck Protection Program (1) Construction, Residential Consumer Unallocated Total Allowance for loan losses: Beginning balance $ 3,084 1,320 — 224 970 719 44 6,361 Provision 290 1,119 — ( 62 ) ( 541 ) 310 ( 41 ) 1,075 Charge-offs — ( 234 ) — — — ( 76 ) — ( 310 ) Recoveries 1,307 37 — — 73 16 — 1,433 Ending balance $ 4,681 2,242 — 162 502 969 3 8,559 Ending allowance attributable to loans: Individually evaluated for impairment $ 1 1 — — 5 — — 7 Collectively evaluated for impairment 4,680 2,241 — 162 497 969 3 8,552 Total ending allowance $ 4,681 $ 2,242 $ — $ 162 $ 502 $ 969 $ 3 $ 8,559 Loans: Individually evaluated for impairment $ 3,482 753 — — 2,992 1 — 7,228 Collectively evaluated for impairment 259,222 152,082 17,883 16,317 60,073 71,579 — 577,156 Total loans $ 262,704 152,835 17,883 16,317 63,065 71,580 — 584,384 December 31, 2020 Allowance for loan losses: Beginning balance $ 1,661 1,478 — 153 369 466 7 4,134 Provision 1,207 ( 194 ) — 71 627 252 37 2,000 Charge-offs ( 30 ) - — — ( 126 ) ( 29 ) — ( 185 ) Recoveries 246 36 — — 100 30 — 412 Ending balance $ 3,084 1,320 — 224 970 719 44 6,361 Ending allowance attributable to loans: Individually evaluated for impairment $ 2 35 — — 14 — — 51 Collectively evaluated for impairment 3,082 1,285 — 224 956 719 44 6,310 Total ending allowance $ 3,084 $ 1,320 $ — $ 224 $ 970 $ 719 $ 44 $ 6,361 Loans: Individually evaluated for impairment $ 2,584 1,085 — — 3,597 8 — 7,274 Collectively evaluated for impairment 175,987 154,469 101,749 23,571 88,180 47,385 — 591,341 Total loans $ 178,571 155,554 101,749 23,571 91,777 47,393 — 598,615 (1) Consists of loans that are fully guaranteed by the SBA; thus, no allowance for loan losses has been allocated to these loans.
Summary of Impaired Loans	Impaired loans At December 31, 2021 and 2020 were as follows: (in thousands) December 31, 2021 Recorded Unpaid Allocated Average Interest With no related allowance recorded: Commercial (secured by real estate) $ 3,294 3,294 — 3,277 51 Commercial and industrial 388 421 — 458 — Construction, land and acquisition & development — — — — — Residential mortgage 2,052 2,052 — 2,110 31 Consumer installment 1 1 — 3 — 5,735 5,768 — 5,848 82 With an allowance recorded: Commercial (secured by real estate) 188 189 1 192 12 Commercial and industrial 365 365 1 379 — Construction, land and acquisition & development — — — — — Residential mortgage 940 941 5 960 60 Consumer installment — — — — — 1,493 1,495 7 1,531 72 Total impaired loans $ 7,228 7,263 7 7,379 154 December 31, 2020 With no related allowance recorded: Commercial (secured by real estate) $ 1,136 2,232 — 1,138 42 Commercial and industrial 395 395 — 395 — Construction, land and acquisition & development — — — — — Residential mortgage 1,986 1,987 — 2,041 9 Consumer installment 8 8 — 9 1 3,525 4,622 — 3,583 52 With an allowance recorded: Commercial (secured by real estate) 1,448 1,449 2 — 91 Commercial and industrial 690 690 35 1,481 6 Construction, land and acquisition & development — — — 727 — Residential mortgage 1,611 1,613 14 — 73 Consumer installment — — — 1,634 — 3,749 3,752 51 3,842 170 Total impaired loans $ 7,274 8,374 51 7,425 222
Summary of Recorded Investment in Past Due Loans, as Well as Nonaccrual Loans	The following table presents the aging of the recorded investment in past due loans, as well as the recorded investment in nonaccrual loans, as of December 31, 2021 and 2020 by class of loans: (in thousands) December 31, 2021 30 -59 60- 89 90 Days or Total Current Total Nonaccrual Commercial (secured by real estate) $ — — 3,200 3,200 259,504 262,704 3,200 Commercial and industrial 338 — 813 1,151 151,684 152,835 813 Paycheck Protection Program — — — — 17,883 17,883 — Construction, land and acquisition & — — — — 16,317 16,317 — Residential mortgage 4,094 1,711 321 6,126 56,939 63,065 2,873 Consumer installment 289 45 — 334 71,246 71,580 125 Total $ 4,721 1,756 4,334 10,811 573,573 584,384 7,011 December 31, 2020 Commercial (secured by real estate) $ 3,386 — 1,136 4,522 174,049 178,571 1,157 Commercial and industrial 29 — 1,085 1,114 154,440 155,554 1,085 Paycheck Protection Program — — — — 101,749 101,749 — Construction, land and acquisition & 1,392 — — 1,392 22,179 23,571 — Residential mortgage 4,308 1,094 1,444 6,846 84,931 91,777 2,587 Consumer installment 78 — 73 151 47,242 47,393 73 Total $ 9,193 1,094 3,738 14,025 584,590 598,615 4,902
Summary of Troubled Debt Restructurings	The table below presents information on troubled debt restructurings including the number of loan contracts restructured and the pre- and post-modification recorded investment that have occurred during the years ended December 31, 2021 and 2020. Also included in the table are the number of contracts and the recorded investment for those trouble debt restructurings that have subsequently defaulted during the years ended December 31, 2021 and 2020: (in thousands) Pre- Post- Troubled Debt December 31, 2021 Number of Recorded Recorded Number of Recorded Residential mortgage 1 $ 71 71 — — December 31, 2020 Residential mortgage 1 $ 31 31 — —
Summary of Risk Category of Loans by Class of Loans	Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be Pass rated loans. As of December 31, 2021 and 2020, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows: (in thousands) December 31, 2021 Pass Special Substandard Doubtful/ Total Commercial (secured by real estate) $ 256,541 2,742 3,421 — 262,704 Commercial and industrial 151,983 — 852 — 152,835 Paycheck Protection Program 17,883 — — — 17,883 Construction, land and acquisition & development 16,005 312 — — 16,317 Residential mortgage 59,080 — 3,985 — 63,065 Consumer installment 71,440 — 140 — 71,580 Total $ 572,932 3,054 8,398 — 584,384 December 31, 2020 Pass Special Substandard Doubtful/ Total Commercial (secured by real estate) $ 176,629 785 1,157 — 178,571 Commercial and industrial 154,469 — 1,085 — 155,554 Paycheck Protection Program 101,749 — — — 101,749 Construction, land and acquisition & development 23,571 — — — 23,571 Residential mortgage 87,738 62 3,977 — 91,777 Consumer installment 47,332 — 61 — 47,393 Total $ 591,488 847 6,280 — 598,615

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2021
Property Plant And Equipment [Abstract]
Summary of Premises and Equipment	Premises and equipment at December 31, 2021 and 2020 are summarized as follows: (in thousands) December December Land $ 373 $ 935 Buildings 4,280 9,165 Leasehold improvements 535 527 Equipment and furniture 2,755 5,334 Construction in process 291 158 Automobile 66 66 8,300 16,185 Less: Accumulated depreciation 4,517 7,568 $ 3,783 $ 8,617
Schedule of Minimum Annual Rentals Under Non-Cancelable Agreements	At December 31, 2021, the approximate minimum annual rentals under these non-cancelable agreements with remaining terms in excess of one year are as follows: (in thousands) Years ending December 31 , 2022 $ 450 2023 588 2024 602 2025 618 2026 636 Thereafter 298 Total $ 3,192

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2021
Deposits [Abstract]
Summary of Contractual Maturities of Certificate of Deposits	At December 31, 2021, contractual maturities of certificate of deposits are summarized as follows: (in thousands). 2022 $ 48,581 2023 20,406 2024 9,647 2025 8,456 2026 4,677 Thereafter 4,991 $ 96,758
Summary of Interest Expense on Deposits	The following is a summary of interest expense on deposits for the years ended December 31, 2021 and 2020: (in thousands) Year Ended Year Ended Savings accounts $ 403 $ 878 Interest-bearing checking accounts 185 286 Market rate checking accounts 469 965 Certificates of deposit 1,623 2,623 $ 2,680 $ 4,752

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Schedule of Federal Home Loan Bank of Atlanta (FHLB) Advances	At December 31, 2021 and 2020, the Bank had a line of credit totaling $ 44.7 million and $ 89.1 million, respectively, from the FHLB, which is reviewed annually by the FHLB. The following advances, which require monthly or quarterly interest payments, were outstanding at December 31, 2021: Advance Date Advance Fair Value Adjustment Interest Rate Maturity Rate Call Feature 5/23/2019 $ 8,000,000 $ 395,312 2.40 % 5/23/2029 Convertible 5/23/2022 11/29/2019 5,000,000 320,713 2.66 % 10/25/2019 Convertible 11/29/2022 12/16/2019 5,000,000 271,837 2.37 % 12/17/2029 Convertible 3/17/2022 1/21/2021 10,000,000 — 0.68 % 1/21/2026 Fixed N/A 3/8/2021 10,000,000 — 0.54 % 3/8/2024 Fixed N/A 5/2/2021 10,000,000 — 0.76 % 5/2/2025 Fixed N/A $ 48,000,000 $ 987,862

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Summary of Components of Income Tax Expense	The components of income tax expense for the years ended December 31, 2021 and 2020 are as follows: (in thousands) Year Ended Year Ended Current $ 2,565 $ 865 Deferred ( 227 ) ( 73 ) $ 2,338 $ 792
Schedule of Difference Between Income Tax Expense and Amount Computed by Applying Statutory Federal Income Taxes Rate to Income Before Taxes	The difference between income tax expense and the amount computed by applying the statutory federal income tax rate to income before taxes for the years ended December 31, 2021 and 2020 is as follows (in thousands): Year Ended Year Ended Statutory Federal tax rate 21 % 21 % Pretax income at statutory rate $ 2,082 $ 815 State income tax, net of federal benefit 265 ( 95 ) Cash surrender value of life insurance ( 117 ) ( 83 ) Permanent adjustments 41 26 Other 67 129 Actual tax expense 24 % and 20 %, respectively $ 2,338 $ 792
Schedule of Net Deferred Taxes	The following summarizes the sources and expected tax consequences of future deductions or income for income tax purposes which comprised the net deferred taxes at December 31, 2021 and 2020: (in thousands) Year Ended Year Ended Deferred income tax assets: Allowance for loan losses $ 2,195 $ 1,625 Deferred compensation 775 873 Net operating losses 1,849 1,683 Unrealized loss on investment securities available-for-sale 122 — State tax credits — 358 Fair value adjustments 522 673 Other 182 199 Total deferred income tax assets 5,645 5,411 Deferred income tax liabilities: Core deposit intangible 391 440 Premises and equipment 498 533 Unrealized gain on investment securities available-for-sale — 52 Other 123 154 Total deferred income tax liabilities 1,012 1,179 Net deferred income tax asset $ 4,633 $ 4,232

Stock-Based Compensation Plans

Stock-Based Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 2021
Share Based Compensation Arrangement By Share Based Payment Award Additional General Disclosures [Abstract]
Schedule of Weighted Average Assumptions used in Black-Scholes Model for Valuing Stock Option Grants	The weighted average assumptions used in the Black-Scholes model for valuing stock option grants were as follows. December 31 2021 2020 Dividend yield 0.00 % 0.00 % Expected volatility 36.62 % 25.40 % Risk-free interest rate 1.04 % 0.53 % Expected average life 7.5 7.5 Weighted average per share fair value $ 5.34 $ 2.02
Summary of Stock Option Activity	A summary of the Company's stock option activity is summarized below. Stock Options Option Shares Outstanding Weighted Average Exercise Price Weighted Average Remaining Life (Years) Aggregate Intrinsic Value (in thousands) Outstanding - January 1, 2020 324,916 $ 11.14 9.30 — Granted 130,588 7.77 Exercise of stock options* — — Forfeited ( 133,988 ) — Outstanding - December 31, 2020 321,516 $ 9.77 8.60 $ 203 Exercisable - December 31, 2020 38,186 $ 11.14 8.20 $ — Granted 13,454 $ 13.09 Exercise of stock options* — Forfeited — — Outstanding - December 31, 2021 334,970 $ 9.90 7.80 $ 676 Exercisable - December 31, 2021 102,489 $ 10.28 7.57 $ 274 * The terms of the stock option agreements permit having a number of shares of stock withheld, the fair market value of which as of the date of exercise is sufficient to satisfy the exercise price and/or tax withholding requirements.
Summary of Restricted Stock Activity	A summary of the Company's restricted stock activity is summarized below. Restricted Stock Weighted Average Grant Date Fair Value Restricted Shares Outstanding Outstanding - January 1, 2020 $ 10.10 120,588 Granted 7.05 64,666 Vested* — ( 13,865 ) Forfeited — ( 51,266 ) Outstanding - December 31, 2020 $ 8.63 120,123 Granted $ — — Vested* — ( 26,787 ) Forfeited — — Outstanding - December 31, 2021 $ 8.63 93,336 *The terms of the restricted stock agreements permit the surrender of shares of the Company upon vesting in order to satisfy applicable tax withholding requirements at the minimum statutory withholding rate, and accordingly, 2,641 shares were surrendered during the year ended December 31, 2021.

Regulatory Matters (Tables)

Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2021
Regulatory Matters [Abstract]
Schedule of Bank's Actual Capital Amounts And Ratios	The Bank’s actual capital amounts and ratios for December 31, 2021 and 2020 are presented in the table below (in thousands). For Capital To Be Well Capitalized Adequacy Under Prompt Corrective Actual Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio As of December 31, 2021: Common Equity Tier 1 (to Risk Weighted Assets) $ 83,662 13 % $ 27,960 4.50 % $ 40,386 6.50 % Total Capital (to Risk Weighted Assets) $ 91,438 15 % $ 49,706 8 % $ 62,133 10 % Tier I Capital (to Risk Weighted Assets) $ 83,662 13 % $ 37,280 6 % $ 49,706 8 % Tier I Capital (to Average Assets) $ 83,662 11 % $ 31,070 4 % $ 38,837 5 % As of December 31, 2020: Common Equity Tier 1 (to Risk Weighted Assets) $ 61,290 12 % $ 23,531 4.50 % $ 33,989 6.50 % Total Capital (to Risk Weighted Assets) $ 67,667 13 % $ 41,833 8 % $ 52,291 10 % Tier I Capital (to Risk Weighted Assets) $ 61,290 12 % $ 31,375 6 % $ 41,833 8 % Tier I Capital (to Average Assets) $ 61,290 10 % $ 24,661 4 % $ 30,826 5 %
Schedule of Reconciliation For Bank's Equity Capital Amounts Under GAAP To Tier 1 and Total Risk-based Capital	A reconciliation of the Bank’s equity capital amounts under GAAP to tier 1 and total risk-based capital for December 31, 2021 and 2020 are presented in the table below (in thousands). December 31, December 31, Regulatory capital: Stockholders’ equity $ 103,187 82,003 Intangible assets ( 18,749 ) ( 18,940 ) Disallowed deferred taxes ( 776 ) ( 1,773 ) Tier 1 risk-based capital 83,662 61,290 Eligible allowance for loan losses 7,776 6,377 Total risk-based capital $ 91,438 67,667

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
Summary of Activity for Related Party Loans	The following is a summary of activity for related party loans: (in thousands). For Year Ended For Year Ended Beginning balance $ 927 $ 1,034 Loans advanced 3 206 Repayments ( 603 ) ( 313 ) Ending balance $ 327 $ 927

Commitments (Tables)

Commitments (Tables)	12 Months Ended
	Dec. 31, 2021
Commitments And Contingencies Disclosure [Abstract]
Schedule of Financial Instruments Contract Amounts Represent Credit Risk	In most cases, the Bank requires collateral or other security to support financial instruments with credit risk. Appropriate Contract Amount December 31, December 31, Financial instruments whose contract amounts Commitments to extend credit $ 69,582 $ 63,485
Schedule of Dollar Amount and Ranges of Rates of Commitments to Fund Fixed Rate Loans	The dollar amount and ranges of rates of commitments to fund fixed rate loans follows: (in thousands) December 31,2021 December 31,2020 Amount Interest Amount Interest Commitments to extend credit $ 26,820 2.75 %- 6.95 % 34,391 2.85 %- 6.95 %

Fair Value Measurements and D_2

Fair Value Measurements and Disclosures (Tables)	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Schedule of Assets Measured at Fair Value on Nonrecurring Basis	Assets measured at fair value on a nonrecurring basis are included in the table below as of December 31, 2021 and 2020 (in thousands). December 31, 2021 Level 1 Level 2 Level 3 Total Other real estate owned $ — — 3,538 3,538 Impaired loans — — 7,221 7,221 Total assets at fair value $ — — 10,759 10,759 December 31, 2020 Level 1 Level 2 Level 3 Total Other real estate owned $ — — 1,292 1,292 Impaired loans — — 7,223 7,223 Total assets at fair value $ — — 8,515 8,515
Schedule of Carrying Amounts and Estimated Fair Values of Company's Financial Instruments	The carrying amounts and estimated fair values (in thousands) of the Company’s financial instruments at December 31, 2021 and 2020 are as follows: December 31, 2021 December 31, 2020 Carrying Estimated Carrying Estimated Amount Fair Value Amount Fair Value Financial assets: Cash and cash equivalents $ 111,776 111,776 178,253 178,253 Investment securities available-for-sale $ 48,557 48,557 24,005 24,005 Other investments $ 2,476 2,476 1,596 1,596 Loans, net $ 575,825 581,541 592,254 611,625 Bank owned life insurance $ 15,377 15,377 15,311 15,311 Financial liabilities: Deposits $ 614,799 601,036 640,165 639,269 FHLB advances $ 48,988 48,197 19,117 16,769 PPPLF borrowings $ — — 100,813 100,813 Other borrowings $ — — 5,000 5,000

Condensed Parent Company Only_2

Condensed Parent Company Only Financial Information (Tables)	12 Months Ended
	Dec. 31, 2021
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Condensed Summary of Financial Information	A condensed summary of Affinity Bancshares, Inc.’s financial information is shown. Parent Only Condensed Balance Sheets December 31, December 31, Assets Cash in bank subsidiary $ 11,222 $ 364 Investment in subsidiary, at underlying equity 103,188 82,004 Loan receivable - ESOP 5,446 2,617 Other assets 1,279 857 Total assets $ 121,135 $ 85,842 Liabilities and Stockholders' Equity Liabilities : Other borrowings $ — $ 5,000 Other liabilities 167 57 Total liabilities 167 5,057 Stockholders' equity: Total stockholders' equity 120,968 80,785 Total liabilities and stockholders' equity $ 121,135 $ 85,842 Parent Only Condensed Statements of Income Year Ended Year Ended 2021 2020 Interest income: Income on ESOP loan $ 177 $ 120 Total interest income 177 120 Interest expense: Interest expense on borrowings 10 82 Total interest expense 10 82 Net interest income 167 38 Noninterest expenses: Other noninterest expense 537 565 Loss before income taxes ( 370 ) ( 527 ) Income tax benefit 227 14 Loss before equity in undistributed earnings of Bank ( 143 ) ( 513 ) Equity in undistributed earnings of Bank 7,716 3,601 Net income $ 7,573 $ 3,088 Parent Only Condensed Statements of Cash Flows Year Ended Year Ended 2021 2020 Cash flows from operating activities: Net income $ 7,573 $ 3,088 Adjustments to reconcile net income to net cash used in operating Equity in undistributed earnings of Bank ( 7,716 ) ( 3,601 ) Other ( 311 ) ( 256 ) Net cash used in operating activities ( 454 ) ( 769 ) Cash flows from investing activities: Payments from ESOP loan 131 209 Cash paid in business combination — ( 40,388 ) Purchase ABB preferred stock — ( 10,848 ) Capital injection into the Bank ( 16,267 ) ( 5,000 ) Net cash used in investing activities ( 16,136 ) ( 56,236 ) Cash flows from financing activities: Proceeds from stock offering 37,108 — Stock offering expenses ( 1,699 ) — Funding of ESOP ( 2,961 ) — Proceeds from other borrowings — 5,000 Repay other borrowings ( 5,000 ) — Dividend from Bank — 40,600 Net cash provided by financing activities 27,448 45,600 Net change in cash and cash equivalents 10,858 ( 11,405 ) Cash and cash equivalents at beginning of period 364 11,560 Cash and cash equivalents at end of period $ 11,222 $ 364

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($)		1 Months Ended	12 Months Ended
		Apr. 30, 2017	Dec. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Apr. 27, 2017
Summary Of Significant Accounting Policies [Line Items]
Stock issued, price per share						$ 10
Shares sold as percentage of outstanding shares of common stock						46.00%
Basic earnings per share	[1]		$ 1.10	$ 0.41
Diluted earnings per share	[1]		$ 1.09	0.41
Basic and diluted earnings per share				$ 0.41
Net earnings			$ 7,573,000	$ 3,088,000
Weighted average common shares outstanding				7,570,797
Weighted average common shares outstanding, basic			6,873,466
Weighted average common shares outstanding, diluted			6,696,406
ASU 2016-02
Summary Of Significant Accounting Policies [Line Items]
Change in accounting principle, accounting standards update, adopted			true
Common Stock
Summary Of Significant Accounting Policies [Line Items]
Sale of common stock shares		3,467,595
ESOP
Summary Of Significant Accounting Policies [Line Items]
Percentage of common stock purchased						3.92%
Community First Bancshares, MHC
Summary Of Significant Accounting Policies [Line Items]
Common stock ownership percentage					54.00%	54.00%
[1]	Amounts related to periods prior to the date of Conversion (January 20, 2021) have been restated to give the retroactive recognition to the exchange ratio applied in the Conversion ( 0.90686 ) (see Note 1).

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Estimated Useful for Premises and Equipment (Details)	12 Months Ended
	Dec. 31, 2021
Equipment and Furniture | Minimum
Property Plant And Equipment [Line Items]
Estimated useful lives for premises and equipment	3 years
Equipment and Furniture | Maximum
Property Plant And Equipment [Line Items]
Estimated useful lives for premises and equipment	10 years
Buildings
Property Plant And Equipment [Line Items]
Estimated useful lives for premises and equipment	40 years
Automobile
Property Plant And Equipment [Line Items]
Estimated useful lives for premises and equipment	5 years

Acquisition - Additional Inform

Acquisition - Additional Information (Details) $ / shares in Units, $ in Millions	Jan. 10, 2020USD ($)LoanBranch$ / sharesshares
Affinity Bank | Cobb County, Georgia
Business Acquisition [Line Items]
Number of branch office | Branch	1
Affinity Bank | Fulton County, Georgia
Business Acquisition [Line Items]
Number of loan production office | Loan	1
ABB Financial Group, Inc.
Business Acquisition [Line Items]
Date of merger	Jan. 10, 2020
Common stock holder right to receive cash per share | $ / shares	$ 7.50
Cash paid	$ 40.3
Stock issued | shares	0
Payments for vested restricted stock, net	$ 2.7

Acquisition - Schedule of Fair

Acquisition - Schedule of Fair Value of Assets Acquired and Liabilities Assumed (Details) $ in Thousands	Jan. 10, 2020USD ($)
Fair Value Adjustments
Business Acquisition [Line Items]
Loans	$ (2,327)
Core deposit intangible	1,913
Total assets acquired	(414)
Deposits	265
Borrowings and other liabilities	1,654
Total liabilities acquired	1,919
Excess of assets acquired over liabilities acquired	(2,333)
Net assets acquired	(2,333)
ABB Financial Group, Inc.
Business Acquisition [Line Items]
Cash, cash equivalents and securities available-for-sale	41,561
Loans	264,176
Other real estate owned	790
Fixed assets and other assets	11,629
Total assets acquired	318,156
Deposits	249,049
Borrowings and other liabilities	37,764
Total liabilities acquired	286,813
Excess of assets acquired over liabilities acquired	31,343
Net assets acquired	31,343
ABB Financial Group, Inc. | CFBI
Business Acquisition [Line Items]
Cash, cash equivalents and securities available-for-sale	41,561
Loans	261,849
Other real estate owned	790
Core deposit intangible	1,913
Fixed assets and other assets	11,629
Total assets acquired	317,742
Deposits	249,314
Borrowings and other liabilities	39,418
Total liabilities acquired	288,732
Excess of assets acquired over liabilities acquired	29,010
Purchase price	40,338
Net assets acquired	29,010
Less preferred stock redeemed	5,891
Net assets acquired less preferred stock	23,119
Goodwill	$ 17,219

Acquisition - Schedule of Unaud

Acquisition - Schedule of Unaudited Proforma Information Results of Operations (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Business Combinations [Abstract]
Total revenues, net of interest expense	$ 32,255	$ 27,599
Net income	$ 6,512	$ 2,028
Diluted earnings per share	$ 0.86	$ 0.27

Investment Securities - Schedul

Investment Securities - Schedule of Investment Securities Available-for-Sale (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, Amortized Cost	$ 49,037	$ 23,791
Investment securities available-for-sale, Gross Unrealized Gains	225	327
Investment securities available-for-sale, Gross Unrealized Losses	(705)	(113)
Investment securities available-for-sale, Estimated Fair Value	48,557	24,005
U.S. Treasury Securities
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, Amortized Cost	5,068
Investment securities available-for-sale, Gross Unrealized Gains	5
Investment securities available-for-sale, Gross Unrealized Losses	(23)
Investment securities available-for-sale, Estimated Fair Value	5,050
Municipal Securities - Tax Exempt
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, Amortized Cost	540
Investment securities available-for-sale, Gross Unrealized Losses	(4)
Investment securities available-for-sale, Estimated Fair Value	536
Municipal Securities - Taxable
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, Amortized Cost	796
Investment securities available-for-sale, Gross Unrealized Losses	(6)
Investment securities available-for-sale, Estimated Fair Value	790
U.S. Government Sponsored Enterprises
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, Amortized Cost	11,837	11,870
Investment securities available-for-sale, Gross Unrealized Gains		1
Investment securities available-for-sale, Gross Unrealized Losses	(295)	(12)
Investment securities available-for-sale, Estimated Fair Value	11,542	11,859
Government Agency Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, Amortized Cost	21,371	9,206
Investment securities available-for-sale, Gross Unrealized Gains	200	326
Investment securities available-for-sale, Gross Unrealized Losses	(232)
Investment securities available-for-sale, Estimated Fair Value	21,339	9,532
Corporate Securities
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, Amortized Cost	9,425	2,715
Investment securities available-for-sale, Gross Unrealized Gains	20
Investment securities available-for-sale, Gross Unrealized Losses	(145)	(101)
Investment securities available-for-sale, Estimated Fair Value	$ 9,300	$ 2,614

Investment Securities - Additio

Investment Securities - Additional Information (Details)	12 Months Ended
	Dec. 31, 2021USD ($)Security	Dec. 31, 2020USD ($)
Schedule Of Available For Sale And Held To Maturity Securities [Line Items]
Number of available-for-sale securities in unrealized loss position less than 12 months | Security	30
Available-for-sale securities in unrealized loss position less than 12 months | $	$ 574,000,000
Number of available-for-sale securities in unrealized loss position 12 months or greater | Security	2
Available-for-sale securities in unrealized loss position 12 months or greater | $	$ 131,000,000
Sales of available-for-sale securities | Security	0
Proceeds from sales of investment securities available-for-sale | $	$ 0	$ 1,676,000
Gross realized gain on sale of available-for-sale securities | $		20,000
Carrying value of available-for-sale securities pledged to secure public deposits | $	48,557,000	24,005,000
Collateral Pledged
Schedule Of Available For Sale And Held To Maturity Securities [Line Items]
Carrying value of available-for-sale securities pledged to secure public deposits | $	$ 2,800,000	2,300,000
U.S. Treasury or Agency Bonds
Schedule Of Available For Sale And Held To Maturity Securities [Line Items]
Number of available-for-sale securities in unrealized loss position less than 12 months | Security	8
Government Agency Mortgage-Backed Securities
Schedule Of Available For Sale And Held To Maturity Securities [Line Items]
Number of available-for-sale securities in unrealized loss position less than 12 months | Security	14
Carrying value of available-for-sale securities pledged to secure public deposits | $	$ 21,339,000	$ 9,532,000
Municipal Securities
Schedule Of Available For Sale And Held To Maturity Securities [Line Items]
Number of available-for-sale securities in unrealized loss position less than 12 months | Security	2
Trust Preferred Securities or Subordinated Debentures
Schedule Of Available For Sale And Held To Maturity Securities [Line Items]
Number of available-for-sale securities in unrealized loss position less than 12 months | Security	8

Investment Securities - Sched_2

Investment Securities - Schedule of Amortized Cost and Estimated Fair Value of Investment Securities Available-for-Sale by Contractual Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, Amortized Cost	$ 49,037	$ 23,791
Investment securities available-for-sale, Estimated Fair Value	48,557	24,005
U.S. Treasury Securities
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, within 1 year, Amortized Cost	0
Investment securities available-for-sale, Greater than 1 to 5 years, Amortized Cost	0
Investment securities available-for-sale, Greater than 5 to 10 years, Amortized Cost	5,068
Investment securities available-for-sale, Greater than 10 years, Amortized Cost	0
Investment securities available-for-sale, Amortized Cost	5,068
Investment securities available-for-sale, within 1 year, Estimated Fair Value	0
Investment securities available-for-sale, Greater than 1 to 5 years, Estimated Fair Value	0
Investment securities available-for-sale, Greater than 5 to 10 years, Estimated Fair Value	5,050
Investment securities available-for-sale, Greater than10 years, Estimated Fair Value	0
Investment securities available-for-sale, Estimated Fair Value	5,050
Municipal Securities - Tax Exempt
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, within 1 year, Amortized Cost	0
Investment securities available-for-sale, Greater than 1 to 5 years, Amortized Cost	0
Investment securities available-for-sale, Greater than 5 to 10 years, Amortized Cost	0
Investment securities available-for-sale, Greater than 10 years, Amortized Cost	540
Investment securities available-for-sale, Amortized Cost	540
Investment securities available-for-sale, within 1 year, Estimated Fair Value	0
Investment securities available-for-sale, Greater than 1 to 5 years, Estimated Fair Value	0
Investment securities available-for-sale, Greater than 5 to 10 years, Estimated Fair Value	0
Investment securities available-for-sale, Greater than10 years, Estimated Fair Value	536
Investment securities available-for-sale, Estimated Fair Value	536
Municipal Securities - Taxable
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, within 1 year, Amortized Cost	0
Investment securities available-for-sale, Greater than 1 to 5 years, Amortized Cost	0
Investment securities available-for-sale, Greater than 5 to 10 years, Amortized Cost	0
Investment securities available-for-sale, Greater than 10 years, Amortized Cost	796
Investment securities available-for-sale, Amortized Cost	796
Investment securities available-for-sale, within 1 year, Estimated Fair Value	0
Investment securities available-for-sale, Greater than 1 to 5 years, Estimated Fair Value	0
Investment securities available-for-sale, Greater than 5 to 10 years, Estimated Fair Value	0
Investment securities available-for-sale, Greater than10 years, Estimated Fair Value	790
Investment securities available-for-sale, Estimated Fair Value	790
Government Agency Securities
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, within 1 year, Amortized Cost	0
Investment securities available-for-sale, Greater than 1 to 5 years, Amortized Cost	0
Investment securities available-for-sale, Greater than 5 to 10 years, Amortized Cost	0
Investment securities available-for-sale, Greater than 10 years, Amortized Cost	11,837	11,870
Investment securities available-for-sale, Amortized Cost	11,837	11,870
Investment securities available-for-sale, within 1 year, Estimated Fair Value	0
Investment securities available-for-sale, Greater than 1 to 5 years, Estimated Fair Value	0
Investment securities available-for-sale, Greater than 5 to 10 years, Estimated Fair Value	0
Investment securities available-for-sale, Greater than10 years, Estimated Fair Value	11,542	11,859
Investment securities available-for-sale, Estimated Fair Value	11,542	11,859
Corporate Securities
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, within 1 year, Amortized Cost	0
Investment securities available-for-sale, Greater than 1 to 5 years, Amortized Cost	0
Investment securities available-for-sale, Greater than 5 to 10 years, Amortized Cost	8,925	2,215
Investment securities available-for-sale, Greater than 10 years, Amortized Cost	500	500
Investment securities available-for-sale, Amortized Cost	9,425	2,715
Investment securities available-for-sale, within 1 year, Estimated Fair Value	0
Investment securities available-for-sale, Greater than 1 to 5 years, Estimated Fair Value	0
Investment securities available-for-sale, Greater than 5 to 10 years, Estimated Fair Value	8,875	2,189
Investment securities available-for-sale, Greater than10 years, Estimated Fair Value	425	425
Investment securities available-for-sale, Estimated Fair Value	9,300	2,614
Government Agency Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, Amortized Cost	21,371	9,206
Investment securities available-for-sale, Estimated Fair Value	$ 21,339	$ 9,532

Loans and Allowance for Loan _3

Loans and Allowance for Loan Losses - Summary of Major Classifications of Loans (Details) - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross		$ 584,384	$ 598,615
Less allowance for loan losses		(8,559)	(6,361)	$ (4,134)
Loans, net		575,825	592,254
Commercial (Secured by Real Estate)
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross		262,704	178,571
Less allowance for loan losses		(4,681)	(3,084)	(1,661)
Commercial and Industrial
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross		152,835	155,554
Paycheck Protection Program Loans
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross	[1]	17,883	101,749
Less allowance for loan losses		0	0
Construction, Land and Acquisition & Development
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross		16,317	23,571
Less allowance for loan losses		(162)	(224)	(153)
Residential Mortgage 1-4 Family
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross		63,065	91,777
Consumer Installment
Loans And Leases Receivable Disclosure [Line Items]
Loans, gross		71,580	47,393
Less allowance for loan losses		$ (969)	$ (719)	$ (466)
[1]	Consists of loans that are fully guaranteed by the SBA; thus, no allowance for loan losses has been allocated to these loans.

Loans and Allowance for Loan _4

Loans and Allowance for Loan Losses - Additional Information (Details)	12 Months Ended
	Dec. 31, 2021USD ($)Loan	Dec. 31, 2020USD ($)Loan	Dec. 31, 2019USD ($)
Financing Receivable Recorded Investment Past Due [Line Items]
Dental practice loans	$ 584,384,000	$ 598,615,000
Qualifying loans pledged to secure the line of credit from FHLB	343,600,000	309,900,000
Allowance for loan losses	$ 8,559,000	$ 6,361,000	$ 4,134,000
Number of loans eligible for short term deferrals | Loan	744	744
Number of loans returned to normal performing status | Loan	1
Short-term deferrals on loans granted	$ 189,600,000	$ 189,600,000
Loan modifications excluded from TDR calssification based amount	0
Modified Loan Terms
Financing Receivable Recorded Investment Past Due [Line Items]
Allowance for loan losses	6,000	17,000
90 Days or Greater Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Dental practice loans	4,334,000	3,738,000
Total Past Due	$ 0	$ 0
Small Business Administration
Financing Receivable Recorded Investment Past Due [Line Items]
Number of paycheck protection program loans | Loan	1,901	1,901
Paycheck protection program loans	$ 196,400,000	$ 196,400,000
Dental Practice Loans
Financing Receivable Recorded Investment Past Due [Line Items]
Dental practice loans	$ 179,800,000	$ 170,800,000
Dental practice loans in percentage	30.60%	29.20%

Loans and Allowance for Loan _5

Loans and Allowance for Loan Losses - Summary of Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment and Based on Impairment Method (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020
Allowance for loan losses:
Beginning balance		$ 6,361	$ 4,134
Provision		1,075	2,000
Charge-offs		(310)	(185)
Recoveries		1,433	412
Ending balance		8,559	6,361
Ending allowance attributable to loans:
Individually evaluated for impairment		7	51
Collectively evaluated for impairment		8,552	6,310
Ending balance		8,559	6,361
Loans:
Individually evaluated for impairment		7,228	7,274
Collectively evaluated for impairment		577,156	591,341
Total loans		584,384	598,615
Commercial (Secured by Real Estate)
Allowance for loan losses:
Beginning balance		3,084	1,661
Provision		290	1,207
Charge-offs			(30)
Recoveries		1,307	246
Ending balance		4,681	3,084
Ending allowance attributable to loans:
Individually evaluated for impairment		1	2
Collectively evaluated for impairment		4,680	3,082
Ending balance		4,681	3,084
Loans:
Individually evaluated for impairment		3,482	2,584
Collectively evaluated for impairment		259,222	175,987
Total loans		262,704	178,571
Commercial and Industrial
Allowance for loan losses:
Beginning balance		1,320	1,478
Provision		1,119	(194)
Charge-offs		(234)
Recoveries		37	36
Ending balance		2,242	1,320
Ending allowance attributable to loans:
Individually evaluated for impairment		1	35
Collectively evaluated for impairment		2,241	1,285
Ending balance		2,242	1,320
Loans:
Individually evaluated for impairment		753	1,085
Collectively evaluated for impairment		152,082	154,469
Total loans		152,835	155,554
Paycheck Protection Program
Allowance for loan losses:
Beginning balance		0
Ending balance		0	0
Ending allowance attributable to loans:
Ending balance		0	0
Loans:
Collectively evaluated for impairment	[1]	17,883	101,749
Total loans	[1]	17,883	101,749
Construction, Land and Acquisition & Development
Allowance for loan losses:
Beginning balance		224	153
Provision		(62)	71
Ending balance		162	224
Ending allowance attributable to loans:
Collectively evaluated for impairment		162	224
Ending balance		162	224
Loans:
Collectively evaluated for impairment		16,317	23,571
Total loans		16,317	23,571
Residential Mortgage
Allowance for loan losses:
Beginning balance		970	369
Provision		(541)	627
Charge-offs			(126)
Recoveries		73	100
Ending balance		502	970
Ending allowance attributable to loans:
Individually evaluated for impairment		5	14
Collectively evaluated for impairment		497	956
Ending balance		502	970
Loans:
Individually evaluated for impairment		2,992	3,597
Collectively evaluated for impairment		60,073	88,180
Total loans		63,065	91,777
Consumer Installment
Allowance for loan losses:
Beginning balance		719	466
Provision		310	252
Charge-offs		(76)	(29)
Recoveries		16	30
Ending balance		969	719
Ending allowance attributable to loans:
Collectively evaluated for impairment		969	719
Ending balance		969	719
Loans:
Individually evaluated for impairment		1	8
Collectively evaluated for impairment		71,579	47,385
Total loans		71,580	47,393
Unallocated
Allowance for loan losses:
Beginning balance		44	7
Provision		(41)	37
Ending balance		3	44
Ending allowance attributable to loans:
Collectively evaluated for impairment		3	44
Ending balance		$ 3	$ 44
[1]	Consists of loans that are fully guaranteed by the SBA; thus, no allowance for loan losses has been allocated to these loans.

Loans and Allowance for Loan _6

Loans and Allowance for Loan Losses - Summary of Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment and Based on Impairment Method (Parenthetical) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses	$ 8,559	$ 6,361	$ 4,134
Paycheck Protection Program Loans
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses	$ 0	$ 0

Loans and Allowance for Loan _7

Loans and Allowance for Loan Losses - Summary of Impaired Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Financing Receivable Impaired [Line Items]
Recorded Investment, With no related allowance recorded	$ 5,735	$ 3,525
Unpaid Principal Balance, With no related allowance recorded	5,768	4,622
Average Recorded Investment, With no related allowance recorded	5,848	3,583
Interest Income Recognized, With no related allowance recorded	82	52
Recorded Investment, With an allowance recorded	1,493	3,749
Unpaid Principal Balance, With an allowance recorded	1,495	3,752
Allocated Related Allowance, With an allowance recorded	7	51
Average Recorded Investment, With an allowance recorded	1,531	3,842
Interest Income Recognized, With an allowance recorded	72	170
Total impaired loans, Recorded Investment	7,228	7,274
Total impaired loans, Unpaid Principal Balance	7,263	8,374
Total impaired loans, Allocated Related Allowance	7	51
Total impaired loans, Average Recorded Investment	7,379	7,425
Total impaired loans, Interest Income Recognized	154	222
Commercial (Secured by Real Estate)
Financing Receivable Impaired [Line Items]
Recorded Investment, With no related allowance recorded	3,294	1,136
Unpaid Principal Balance, With no related allowance recorded	3,294	2,232
Average Recorded Investment, With no related allowance recorded	3,277	1,138
Interest Income Recognized, With no related allowance recorded	51	42
Recorded Investment, With an allowance recorded	188	1,448
Unpaid Principal Balance, With an allowance recorded	189	1,449
Allocated Related Allowance, With an allowance recorded	1	2
Average Recorded Investment, With an allowance recorded	192
Interest Income Recognized, With an allowance recorded	12	91
Commercial and Industrial
Financing Receivable Impaired [Line Items]
Recorded Investment, With no related allowance recorded	388	395
Unpaid Principal Balance, With no related allowance recorded	421	395
Average Recorded Investment, With no related allowance recorded	458	395
Recorded Investment, With an allowance recorded	365	690
Unpaid Principal Balance, With an allowance recorded	365	690
Allocated Related Allowance, With an allowance recorded	1	35
Average Recorded Investment, With an allowance recorded	379	1,481
Interest Income Recognized, With an allowance recorded		6
Construction, Land and Acquisition & Development
Financing Receivable Impaired [Line Items]
Average Recorded Investment, With an allowance recorded		727
Residential Mortgage
Financing Receivable Impaired [Line Items]
Recorded Investment, With no related allowance recorded	2,052	1,986
Unpaid Principal Balance, With no related allowance recorded	2,052	1,987
Average Recorded Investment, With no related allowance recorded	2,110	2,041
Interest Income Recognized, With no related allowance recorded	31	9
Recorded Investment, With an allowance recorded	940	1,611
Unpaid Principal Balance, With an allowance recorded	941	1,613
Allocated Related Allowance, With an allowance recorded	5	14
Average Recorded Investment, With an allowance recorded	960
Interest Income Recognized, With an allowance recorded	60	73
Consumer Installment
Financing Receivable Impaired [Line Items]
Recorded Investment, With no related allowance recorded	1	8
Unpaid Principal Balance, With no related allowance recorded	1	8
Average Recorded Investment, With no related allowance recorded	$ 3	9
Interest Income Recognized, With no related allowance recorded		1
Average Recorded Investment, With an allowance recorded		$ 1,634

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses - Summary of Recorded Investment in Past Due Loans, as Well as Nonaccrual Loans (Details) - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
Financing Receivable Recorded Investment Past Due [Line Items]
Total		$ 584,384	$ 598,615
Nonaccrual		7,011	4,902
30 -59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total		4,721	9,193
60- 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total		1,756	1,094
90 Days or Greater Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total		4,334	3,738
Total Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total		10,811	14,025
Current
Financing Receivable Recorded Investment Past Due [Line Items]
Total		573,573	584,590
Commercial (Secured by Real Estate)
Financing Receivable Recorded Investment Past Due [Line Items]
Total		262,704	178,571
Nonaccrual		3,200	1,157
Commercial (Secured by Real Estate) | 30 -59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total			3,386
Commercial (Secured by Real Estate) | 90 Days or Greater Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total		3,200	1,136
Commercial (Secured by Real Estate) | Total Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total		3,200	4,522
Commercial (Secured by Real Estate) | Current
Financing Receivable Recorded Investment Past Due [Line Items]
Total		259,504	174,049
Commercial and Industrial
Financing Receivable Recorded Investment Past Due [Line Items]
Total		152,835	155,554
Nonaccrual		813	1,085
Commercial and Industrial | 30 -59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total		338	29
Commercial and Industrial | 90 Days or Greater Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total		813	1,085
Commercial and Industrial | Total Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total		1,151	1,114
Commercial and Industrial | Current
Financing Receivable Recorded Investment Past Due [Line Items]
Total		151,684	154,440
Paycheck Protection Program
Financing Receivable Recorded Investment Past Due [Line Items]
Total	[1]	17,883	101,749
Paycheck Protection Program | Current
Financing Receivable Recorded Investment Past Due [Line Items]
Total		17,883	101,749
Construction, Land and Acquisition & Development
Financing Receivable Recorded Investment Past Due [Line Items]
Total		16,317	23,571
Construction, Land and Acquisition & Development | 30 -59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total			1,392
Construction, Land and Acquisition & Development | Total Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total			1,392
Construction, Land and Acquisition & Development | Current
Financing Receivable Recorded Investment Past Due [Line Items]
Total		16,317	22,179
Residential Mortgage
Financing Receivable Recorded Investment Past Due [Line Items]
Total		63,065	91,777
Nonaccrual		2,873	2,587
Residential Mortgage | 30 -59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total		4,094	4,308
Residential Mortgage | 60- 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total		1,711	1,094
Residential Mortgage | 90 Days or Greater Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total		321	1,444
Residential Mortgage | Total Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total		6,126	6,846
Residential Mortgage | Current
Financing Receivable Recorded Investment Past Due [Line Items]
Total		56,939	84,931
Consumer Installment
Financing Receivable Recorded Investment Past Due [Line Items]
Total		71,580	47,393
Nonaccrual		125	73
Consumer Installment | 30 -59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total		289	78
Consumer Installment | 60- 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total		45
Consumer Installment | 90 Days or Greater Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total			73
Consumer Installment | Total Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total		334	151
Consumer Installment | Current
Financing Receivable Recorded Investment Past Due [Line Items]
Total		$ 71,246	$ 47,242
[1]	Consists of loans that are fully guaranteed by the SBA; thus, no allowance for loan losses has been allocated to these loans.

Loans and Allowance for Loan _9

Loans and Allowance for Loan Losses - Summary of Troubled Debt Restructurings (Details) - Residential Mortgage $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)Contract	Dec. 31, 2020USD ($)Contract
Financing Receivable Modifications [Line Items]
Number of Contracts | Contract	1	1
Pre-Modification Outstanding Recorded Investment	$ 71	$ 31
Post-Modification Outstanding Recorded Investment	$ 71	$ 31

Loans and Allowance for Loan_10

Loans and Allowance for Loan Losses - Summary of Risk Category of Loans by Class of Loans (Details) - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
Composition Of Loan Portfolio [Line Items]
Total		$ 584,384	$ 598,615
Pass
Composition Of Loan Portfolio [Line Items]
Total		572,932	591,488
Special Mention
Composition Of Loan Portfolio [Line Items]
Total		3,054	847
Substandard
Composition Of Loan Portfolio [Line Items]
Total		8,398	6,280
Commercial (Secured by Real Estate)
Composition Of Loan Portfolio [Line Items]
Total		262,704	178,571
Commercial (Secured by Real Estate) | Pass
Composition Of Loan Portfolio [Line Items]
Total		256,541	176,629
Commercial (Secured by Real Estate) | Special Mention
Composition Of Loan Portfolio [Line Items]
Total		2,742	785
Commercial (Secured by Real Estate) | Substandard
Composition Of Loan Portfolio [Line Items]
Total		3,421	1,157
Commercial and Industrial
Composition Of Loan Portfolio [Line Items]
Total		152,835	155,554
Commercial and Industrial | Pass
Composition Of Loan Portfolio [Line Items]
Total		151,983	154,469
Commercial and Industrial | Substandard
Composition Of Loan Portfolio [Line Items]
Total		852	1,085
Paycheck Protection Program
Composition Of Loan Portfolio [Line Items]
Total	[1]	17,883	101,749
Paycheck Protection Program | Pass
Composition Of Loan Portfolio [Line Items]
Total		17,883	101,749
Construction, Land and Acquisition & Development
Composition Of Loan Portfolio [Line Items]
Total		16,317	23,571
Construction, Land and Acquisition & Development | Pass
Composition Of Loan Portfolio [Line Items]
Total		16,005	23,571
Construction, Land and Acquisition & Development | Special Mention
Composition Of Loan Portfolio [Line Items]
Total		312
Residential Mortgage
Composition Of Loan Portfolio [Line Items]
Total		63,065	91,777
Residential Mortgage | Pass
Composition Of Loan Portfolio [Line Items]
Total		59,080	87,738
Residential Mortgage | Special Mention
Composition Of Loan Portfolio [Line Items]
Total			62
Residential Mortgage | Substandard
Composition Of Loan Portfolio [Line Items]
Total		3,985	3,977
Consumer Installment
Composition Of Loan Portfolio [Line Items]
Total		71,580	47,393
Consumer Installment | Pass
Composition Of Loan Portfolio [Line Items]
Total		71,440	47,332
Consumer Installment | Substandard
Composition Of Loan Portfolio [Line Items]
Total		$ 140	$ 61
[1]	Consists of loans that are fully guaranteed by the SBA; thus, no allowance for loan losses has been allocated to these loans.

Premises and Equipment - Summar

Premises and Equipment - Summary of Premises and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Property Plant And Equipment [Line Items]
Premises and equipment, gross	$ 8,300	$ 16,185
Less: Accumulated depreciation	4,517	7,568
Premises and equipment, net	3,783	8,617
Land
Property Plant And Equipment [Line Items]
Premises and equipment, gross	373	935
Buildings
Property Plant And Equipment [Line Items]
Premises and equipment, gross	4,280	9,165
Leasehold Improvements
Property Plant And Equipment [Line Items]
Premises and equipment, gross	535	527
Equipment and Furniture
Property Plant And Equipment [Line Items]
Premises and equipment, gross	2,755	5,334
Construction in Process
Property Plant And Equipment [Line Items]
Premises and equipment, gross	291	158
Automobile
Property Plant And Equipment [Line Items]
Premises and equipment, gross	$ 66	$ 66

Premises and Equipment - Additi

Premises and Equipment - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Property Plant And Equipment [Abstract]
Depreciation expense	$ 950,000	$ 957,000
Rent expense	$ 663,000	$ 381,000

Premises and Equipment - Schedu

Premises and Equipment - Schedule of Minimum Annual Rentals Under Non-Cancelable Agreements (Details) $ in Thousands	Dec. 31, 2021USD ($)
Operating Leases Future Minimum Payments Due [Abstract]
2022	$ 450
2023	588
2024	602
2025	618
2026	636
Thereafter	298
Total	$ 3,192

Deposits - Summary of Contractu

Deposits - Summary of Contractual Maturities of Certificate of Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Deposits [Abstract]
2022	$ 48,581
2023	20,406
2024	9,647
2025	8,456
2026	4,677
Thereafter	4,991
Total	$ 96,758	$ 131,625

Deposits - Additional Informati

Deposits - Additional Information (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Deposits [Abstract]
Time certificates of deposit in denomination of $250,000 or more	$ 22,570,000	$ 32,859,000

Deposits - Summary of Interest

Deposits - Summary of Interest Expense on Deposits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Deposits [Abstract]
Savings accounts	$ 403	$ 878
Interest-bearing checking accounts	185	286
Market rate checking accounts	469	965
Certificates of deposit	1,623	2,623
Total	$ 2,680	$ 4,752

Borrowings - Additional Informa

Borrowings - Additional Information (Details)	Jan. 10, 2020Advance	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Line Of Credit Facility [Line Items]
Number of federal home loan bank advances acquired | Advance	3
Advances from FHLB collateralized by certain loans		$ 343,600,000	$ 309,900,000
Investment in FHLB stock		2,200,000	1,300,000
Line of credit amount outstanding		8,000,000	16,000,000
Payroll protection program loans			100,813,000
Small Business Administration
Line Of Credit Facility [Line Items]
Secured payroll protection program loans			101,700,000
Federal Reserve Bank of Atlanta | Small Business Administration
Line Of Credit Facility [Line Items]
Payroll protection program loans		$ 100,800,000
Payroll protection program loans, fixed interest rate		0.35%
Federal Reserve Bank of Atlanta | Small Business Administration | Minimum
Line Of Credit Facility [Line Items]
Payroll protection program loans, maturity period		2 years
Federal Reserve Bank of Atlanta | Small Business Administration | Maximum
Line Of Credit Facility [Line Items]
Payroll protection program loans, maturity period		5 years
Federal Reserve Bank of Atlanta Discount Window
Line Of Credit Facility [Line Items]
Line of credit		$ 62,000,000	53,800,000
Line of credit amount outstanding		0	0
Line of credit facility, secured loans		$ 115,200,000	99,500,000
Revolving Credit Facility | First National Bankers Bank
Line Of Credit Facility [Line Items]
Line of credit amount outstanding			5,000,000
Line of credit, term		10 years
Line of credit, frequency of payment and payment terms		Interest payments were due quarterly and the initial principal payment was due June 29, 2021
Line of credit, initial principal payment due date		Jun. 29, 2021
Line of credit, prepayment penalty		$ 0
FHLB
Line Of Credit Facility [Line Items]
Line of credit		44,700,000	89,100,000
Unsecured Federal Funds
Line Of Credit Facility [Line Items]
Line of credit		12,500,000	12,500,000
Line of credit amount outstanding		$ 0	$ 0

Borrowings - Schedule of Federa

Borrowings - Schedule of Federal Home Loan Bank of Atlanta (FHLB) Advances (Details) - Federal Home Loan Bank of Atlanta $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)
Federal Home Loan Bank Advances [Line Items]
Advances from FHLB	$ 48,000,000
Advances from FHLB, Fair Value Adjustment	$ 987,862
May 23, 2019
Federal Home Loan Bank Advances [Line Items]
Advances from FHLB, Advance Date	May 23, 2019
Advances from FHLB	$ 8,000,000
Advances from FHLB, Fair Value Adjustment	$ 395,312
Advances from FHLB, Interest Rate	2.40%
Advances from FHLB, Maturity	May 23, 2029
Advances from FHLB, Rate	Convertible
Advances from FHLB, Call Feature	5/23/2022
January 21, 2026
Federal Home Loan Bank Advances [Line Items]
Advances from FHLB, Advance Date	Jan. 21, 2021
Advances from FHLB	$ 10,000,000
Advances from FHLB, Interest Rate	0.68%
Advances from FHLB, Maturity	Jan. 21, 2026
Advances from FHLB, Rate	Fixed
Advances from FHLB, Call Feature	N/A
March 8, 2024
Federal Home Loan Bank Advances [Line Items]
Advances from FHLB, Advance Date	Mar. 8, 2021
Advances from FHLB	$ 10,000,000
Advances from FHLB, Interest Rate	0.54%
Advances from FHLB, Maturity	Mar. 8, 2024
Advances from FHLB, Rate	Fixed
Advances from FHLB, Call Feature	N/A
May 2 2025
Federal Home Loan Bank Advances [Line Items]
Advances from FHLB, Advance Date	May 2, 2021
Advances from FHLB	$ 10,000,000
Advances from FHLB, Interest Rate	0.76%
Advances from FHLB, Maturity	May 2, 2025
Advances from FHLB, Rate	Fixed
Advances from FHLB, Call Feature	N/A
October 25, 2019
Federal Home Loan Bank Advances [Line Items]
Advances from FHLB, Advance Date	Nov. 29, 2019
Advances from FHLB	$ 5,000,000
Advances from FHLB, Fair Value Adjustment	$ 320,713
Advances from FHLB, Interest Rate	2.66%
Advances from FHLB, Maturity	Oct. 25, 2019
Advances from FHLB, Rate	Convertible
Advances from FHLB, Call Feature	11/29/2022
December 17 , 2029
Federal Home Loan Bank Advances [Line Items]
Advances from FHLB, Advance Date	Dec. 16, 2019
Advances from FHLB	$ 5,000,000
Advances from FHLB, Fair Value Adjustment	$ 271,837
Advances from FHLB, Interest Rate	2.37%
Advances from FHLB, Maturity	Dec. 17, 2029
Advances from FHLB, Rate	Convertible
Advances from FHLB, Call Feature	3/17/2022

Income Taxes - Summary of Compo

Income Taxes - Summary of Components of Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Current	$ 2,565	$ 865
Deferred	(227)	(73)
Income tax expense	$ 2,338	$ 792

Income Taxes - Schedule of Diff

Income Taxes - Schedule of Difference Between Income Tax Expense and Amount Computed by Applying Statutory Federal Income Taxes Rate to Income Before Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Statutory Federal tax rate	21.00%	21.00%
Pretax income at statutory rate	$ 2,082	$ 815
State income tax, net of federal benefit	265	(95)
Cash surrender value of life insurance	(117)	(83)
Permanent adjustments	41	26
Other	67	129
Income tax expense	$ 2,338	$ 792

Income Taxes - Schedule of Di_2

Income Taxes - Schedule of Difference Between Income Tax Expense and Amount Computed by Applying Statutory Federal Income Taxes Rate to Income Before Taxes (Parenthetical) (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Effective income tax rate reconciliation, percentage	24.00%	20.00%

Income Taxes - Schedule of Net

Income Taxes - Schedule of Net Deferred Taxes (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Deferred income tax assets:
Allowance for loan losses	$ 2,195	$ 1,625
Deferred compensation	775	873
Net operating losses	1,849	1,683
Unrealized loss on investment securities available-for-sale	122
State tax credits		358
Fair value adjustments	522	673
Other	182	199
Total deferred income tax assets	5,645	5,411
Deferred income tax liabilities:
Core deposit intangible	391	440
Premises and equipment	498	533
Unrealized gain on investment securities available-for-sale		52
Other	123	154
Total deferred income tax liabilities	1,012	1,179
Net deferred income tax asset	$ 4,633	$ 4,232

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Income Taxes [Line Items]
Deferred federal income tax liability	$ 1,012,000	$ 1,179,000
Federal
Income Taxes [Line Items]
Deferred federal income tax liability	0
Retained Earnings
Income Taxes [Line Items]
Deferred tax liabilities, tax deferred income	$ 3,625,000

Employee Stock Ownership Plan -

Employee Stock Ownership Plan - Additional Information (Details) - USD ($) $ in Millions	Dec. 31, 2021	Jan. 31, 2021	Dec. 31, 2020	Apr. 30, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Note payable balance of ESOP	$ 5.4	$ 3	$ 2.6	$ 3
Shares purchased by ESOP		225,721		295,499
ESOP released shares	59,000		47,200

Benefit Plans - Additional Info

Benefit Plans - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Jun. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Contributions by employer on retirement benefits	$ 0	$ 0
Deferred compensation plan	2,442,000	2,830,000	$ 0
401 K
Defined Benefit Plan Disclosure [Line Items]
Matching contributions to the plan	161,000	161,000
Supplemental Executive Retirement Plan
Defined Benefit Plan Disclosure [Line Items]
Monthly benefit obligation	$ 8,333
Retirement plan description	If the executive dies after benefit payments have commenced but before receiving a total of 180 monthly payments, the Company shall pay to the executive’s beneficiary the greater of (i) the account balance or (ii) the present value of the remaining payments to satisfy a total of 180 monthly payments. Such death benefit shall be payable in a lump sum no later than 60 days from the date of death. If the executive dies after receiving 180 or more benefit payments, the SERP will terminate and no additional payments will be made.
Defined benefit plan related expense	$ 20,000	410,000
Defined benefit plan earnings	4,000	5,000
Supplemental Executive Retirement Plan | Other Liabilities
Defined Benefit Plan Disclosure [Line Items]
Accrued liability for defined benefit plan	459,000	439,000
Supplemental Executive Retirement Plan | Other Assets
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan carrying value	$ 956,000	$ 952,000

Stock-Based Compensation Plan_2

Stock-Based Compensation Plans - Additional Information (Details)	12 Months Ended
	Dec. 31, 2021USD ($)$ / sharesshares	Dec. 31, 2020USD ($)$ / sharesshares	Jan. 20, 2021	Aug. 31, 2018shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of stock options granted	13,454	130,588
Weighted Average Exercise Price, Granted | $ / shares	$ 13.09	$ 7.77
Common stock exchange ratio			0.90686
Stock-based compensation expense | $	$ 410,000	$ 298,000
Unrecognized compensation cost related to equity award grants | $	$ 1,200,000
Unrecognized compensation cost expected remaining vesting period	3 years
Restricted Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of restricted stock grants		64,666
2018 Equity Incentive Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of stock options granted	13,454
Weighted Average Exercise Price, Granted | $ / shares	$ 13.09
Number of restricted stock grants	0
2018 Equity Incentive Plan | Restricted Stock | Common Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares approved under the plan				133,987
2018 Equity Incentive Plan | Stock Options | Common Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares approved under the plan				334,970

Stock-Based Compensation Plan_3

Stock-Based Compensation Plans - Schedule of Weighted Average Assumptions used in Black-Scholes Model for Valuing Stock Option Grants (Details) - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Share Based Compensation Arrangement By Share Based Payment Award Additional General Disclosures [Abstract]
Dividend yield	0.00%	0.00%
Expected volatility	36.62%	25.40%
Risk-free interest rate	1.04%	0.53%
Expected average life	7 years 6 months	7 years 6 months
Weighted average per share fair value	$ 5.34	$ 2.02

Stock-Based Compensation Plan_4

Stock-Based Compensation Plans - Summary of Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Share Based Compensation Arrangement By Share Based Payment Award Additional General Disclosures [Abstract]
Option Shares Outstanding, Outstanding - Beginning Balance	321,516	324,916
Option Shares Outstanding, Grants	13,454	130,588
Option Shares Outstanding, Forfeited		(133,988)
Option Shares Outstanding, Outstanding - Ending Balance	334,970	321,516	324,916
Option Shares Outstanding, Exercisable	102,489	38,186
Weighted Average Exercise Price, Outstanding - Beginning Balance	$ 9.77	$ 11.14
Weighted Average Exercise Price, Granted	13.09	7.77
Weighted Average Exercise Price, Outstanding - Ending Balance	9.90	9.77	$ 11.14
Weighted Average Exercise Price, Exercisable	$ 10.28	$ 11.14
Weighted Average Remaining Life (Years), Outstanding	7 years 9 months 18 days	8 years 7 months 6 days	9 years 3 months 18 days
Weighted Average Remaining Life (Years), Exercisable	7 years 6 months 25 days	8 years 2 months 12 days
Aggregate Intrinsic Value (in thousands), Outstanding	$ 676	$ 203
Aggregate Intrinsic Value (in thousands), Exercisable	$ 274

Stock-Based Compensation Plan_5

Stock-Based Compensation Plans - Summary of Restricted Stock Activity (Details) - Restricted Stock - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Restricted Shares Outstanding, Outstanding - Beginning Balance	120,123	120,588
Restricted Shares Outstanding, Granted		64,666
Restricted Shares Outstanding, Vested	(26,787)	(13,865)
Restricted Shares Outstanding, Forfeited		(51,266)
Restricted Shares Outstanding, Outstanding - Ending Balance	93,336	120,123
Weighted Average Grant Date Fair Value, Outstanding - Beginning Balance	$ 8.63	$ 10.10
Weighted Average Grant Date Fair Value, Granted		7.05
Weighted Average Grant Date Fair Value, Outstanding - Ending Balance	$ 8.63	$ 8.63

Stock-Based Compensation Plan_6

Stock-Based Compensation Plans - Summary of Restricted Stock Activity (Parenthetical) (Details)	12 Months Ended
	Dec. 31, 2021shares
Restricted Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Restricted shares applicable tax withholding requirements	2,641

Regulatory Matters - Schedule o

Regulatory Matters - Schedule of Bank's Actual Capital Amounts And Ratios (Details) $ in Thousands	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Regulatory Matters [Abstract]
Common Equity Tier 1 Capital (to Risk-Weighted Assets) Actual, Amount	$ 83,662	$ 61,290
Common Equity Tier 1 Capital (to Risk-Weighted Assets) Actual, Ratio	0.13	0.12
Common Equity Tier 1 Capital (to Risk-Weighted Assets) For Capital Adequacy Purposes, Amount	$ 27,960	$ 23,531
Common Equity Tier 1 Capital (to Risk-Weighted Assets) For Capital Adequacy Purposes, Ratio	4.50%	4.50%
Common Equity Tier 1 Capital (to Risk-Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 40,386	$ 33,989
Common Equity Tier 1 Capital (to Risk-Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	6.50%	6.50%
Total Capital (to Risk-Weighted Assets) Actual, Amount	$ 91,438	$ 67,667
Total Capital (to Risk-Weighted Assets) Actual, Ratio	0.15	0.13
Total Capital (to Risk-Weighted Assets) For Capital Adequacy Purposes, Amount	$ 49,706	$ 41,833
Total Capital (to Risk-Weighted Assets) For Capital Adequacy Purposes, Ratio	0.08	0.08
Total Capital (to Risk-Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 62,133	$ 52,291
Total Capital (to Risk-Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.10	0.10
Tier I Capital (to Risk-Weighted Assets) Actual, Amount	$ 83,662	$ 61,290
Tier I Capital (to Risk-Weighted Assets) Actual, Ratio	0.13	0.12
Tier I Capital (to Risk-Weighted Assets) For Capital Adequacy Purposes, Amount	$ 37,280	$ 31,375
Tier I Capital (to Risk-Weighted Assets) For Capital Adequacy Purposes, Ratio	0.06	0.06
Tier I Capital (to Risk-Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 49,706	$ 41,833
Tier I Capital (to Risk-Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.08	0.08
Tier I Capital (to Average Assets) Actual, Amount	$ 83,662	$ 61,290
Tier I Capital (to Average Assets) Actual, Ratio	0.11	0.10
Tier I Capital (to Average Assets) For Capital Adequacy Purposes, Amount	$ 31,070	$ 24,661
Tier I Capital (to Average Assets) For Capital Adequacy Purposes, Ratio	0.04	0.04
Tier I Capital (to Average Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 38,837	$ 30,826
Tier I Capital (to Average Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.05	0.05

Regulatory Matters - Schedule_2

Regulatory Matters - Schedule of Reconciliation For Bank's Equity Capital Amounts Under GAAP To Tier 1 and Total Risk-based Capital (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Stockholders’ equity	$ 120,968	$ 80,785	$ 77,167
Intangible assets	(18,749)	(18,940)
Tier 1 risk-based capital	83,662	61,290
Eligible allowance for loan losses	8,559	6,361	$ 4,134
Total risk-based capital	91,438	67,667
Regulatory Capital
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Stockholders’ equity	103,187	82,003
Intangible assets	(18,749)	(18,940)
Disallowed deferred taxes	(776)	(1,773)
Tier 1 risk-based capital	83,662	61,290
Eligible allowance for loan losses	7,776	6,377
Total risk-based capital	$ 91,438	$ 67,667

Related Party Transactions - Su

Related Party Transactions - Summary of Activity for Related Party Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Related Party Transactions [Abstract]
Beginning balance	$ 927	$ 1,034
Loans advanced	3	206
Repayments	(603)	(313)
Ending balance	$ 327	$ 927

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Directors and Executive Officers
Related Party Transaction [Line Items]
Related party deposit liabilities	$ 2.4	$ 2.5

Commitments - Schedule of Finan

Commitments - Schedule of Financial Instruments Contract Amounts Represent Credit Risk (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Commitments to Extend Credit
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Appropriate Contract Amount	$ 69,582	$ 63,485

Commitments - Schedule of Dolla

Commitments - Schedule of Dollar Amount and Ranges of Rates of Commitments to Fund Fixed Rate Loans (Details) - Commitments to Extend Credit - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Commitments to extend credit, Amount	$ 26,820	$ 34,391
Minimum
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Commitments to extend credit, Interest Rate Range	2.75%	2.85%
Maximum
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Commitments to extend credit, Interest Rate Range	6.95%	6.95%

Fair Value Measurements and D_3

Fair Value Measurements and Disclosures - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale, Estimated Fair Value	$ 48,557	$ 24,005
Fair Value, Measurements, Recurring | Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale, Estimated Fair Value	$ 48,600	$ 24,000
Payroll Protection Program Loans Federal Borrowings | Small Business Administration
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Payroll protection program loans, fixed interest rate	0.35%

Fair Value Measurements and D_4

Fair Value Measurements and Disclosures - Schedule of Assets Measured at Fair Value on Nonrecurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Impaired loans	$ 7,228	$ 7,274
Fair Value, Measurements, Nonrecurring
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Other real estate owned	3,538	1,292
Impaired loans	7,221	7,223
Total assets at fair value	10,759	8,515
Fair Value, Measurements, Nonrecurring | Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Other real estate owned	3,538	1,292
Impaired loans	7,221	7,223
Total assets at fair value	$ 10,759	$ 8,515

Fair Value Measurements and D_5

Fair Value Measurements and Disclosures - Schedule of Carrying Amounts and Estimated Fair Values of Company's Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Financial assets:
Investment securities available-for-sale	$ 48,557	$ 24,005
Carrying Amount
Financial assets:
Cash and cash equivalents	111,776	178,253
Investment securities available-for-sale	48,557	24,005
Other investments	2,476	1,596
Loans, net	575,825	592,254
Bank owned life insurance	15,377	15,311
Financial liabilities:
Deposits	614,799	640,165
FHLB advances	48,988	19,117
PPPLF borrowings	100,813
Other borrowings	5,000
Estimated Fair Value
Financial assets:
Cash and cash equivalents	111,776	178,253
Investment securities available-for-sale	48,557	24,005
Other investments	2,476	1,596
Loans, net	581,541	611,625
Bank owned life insurance	15,377	15,311
Financial liabilities:
Deposits	601,036	639,269
FHLB advances	$ 48,197	16,769
PPPLF borrowings		100,813
Other borrowings		$ 5,000

Condensed Parent Company Only_3

Condensed Parent Company Only Financial Information - Summary of Condensed Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Assets
Cash in banks	$ 16,239	$ 5,552
Total assets	788,088	850,628
Liabilities :
Other borrowings		5,000
Total liabilities	667,120	769,843
Stockholders' equity:
Total stockholders' equity	120,968	80,785	$ 77,167
Total liabilities and stockholders' equity	788,088	850,628
Parent
Assets
Cash in bank subsidiary	11,222	364
Investment in subsidiary, at underlying equity	103,188	82,004
Loan receivable - ESOP	5,446	2,617
Other assets	1,279	857
Total assets	121,135	85,842
Liabilities :
Other borrowings		5,000
Other liabilities	167	57
Total liabilities	167	5,057
Stockholders' equity:
Total stockholders' equity	120,968	80,785
Total liabilities and stockholders' equity	$ 121,135	$ 85,842

Condensed Parent Company Only_4

Condensed Parent Company Only Financial Information - Summary of Condensed Statements of Income (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Interest income:
Total interest income	$ 32,453,000	$ 30,632,000
Interest expense:
Borrowings	497,000	738,000
Total interest expense	3,177,000	5,490,000
Net interest income after provision for loan losses	28,201,000	23,142,000
Noninterest expenses:
Other noninterest expense	3,517,000	2,141,000
Income before income taxes	9,911,000	3,880,000
Income tax benefit	(2,338,000)	(792,000)
Net income (loss)	7,573,000	3,088,000
Parent
Interest income:
Income on ESOP loan	177,000	120,000
Total interest income	177,000	120,000
Interest expense:
Borrowings	10,000	82,000
Total interest expense	10,000	82,000
Net interest income after provision for loan losses	167,000	38,000
Noninterest expenses:
Other noninterest expense	537,000	565,000
Income before income taxes	(370,000)	(527,000)
Income tax benefit	227,000	14,000
Loss before equity in undistributed earnings of Bank	(143,000)	(513,000)
Equity in undistributed earnings of Bank	7,716,000	3,601,000
Net income (loss)	$ 7,573,000	$ 3,088,000

Condensed Parent Company Only_5

Condensed Parent Company Only Financial Information - Summary of Condensed Statements of Cash Flows (Details) - 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 used in operating activities
Net cash provided by operating activities	11,851	1,371
Cash flows from investing activities:
Net cash used in investing activities	(9,623)	(110,383)
Cash flows from financing activities:
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
Parent
Cash flows from operating activities:
Net income	7,573	3,088
Adjustments to reconcile net income to net cash used in operating activities
Equity in undistributed earnings of Bank	(7,716)	(3,601)
Other	(311)	(256)
Net cash provided by operating activities	(454)	(769)
Cash flows from investing activities:
Payments from ESOP loan	131	209
Cash paid in business combination		(40,388)
Purchase ABB preferred stock		(10,848)
Capital injection into the Bank	(16,267)	(5,000)
Net cash used in investing activities	(16,136)	(56,236)
Cash flows from financing activities:
Proceeds from stock offering	37,108
Stock offering expenses	(1,699)
Funding of ESOP	(2,961)
Proceeds from other borrowings		5,000
Repay other borrowings	(5,000)
Dividend from Bank		40,600
Net cash (used in) provided by financing activities	27,448	45,600
Net change in cash and cash equivalents	10,858	(11,405)
Cash and cash equivalents at beginning of period	364	11,560
Cash and cash equivalents at end of period	$ 11,222	$ 364