XML 42 R28.htm IDEA: XBRL DOCUMENT v3.22.2
Allowance for Credit Losses (Tables)
 6 Months Ended
Jun. 30, 2022
Provision for Loan and Lease Losses [Abstract]  
Summary of allocation of the allowance for loan losses
The following tables provides the allocation of the ACL for loans held for investment as well as the activity in the ACL attributed to various segments in the loan portfolio as of, and for the periods indicated:

Three Months Ended June 30, 2022
(Dollars in thousands) Beginning ACL Balance  Charge-offs  Recoveries Provision for Credit Losses Ending
ACL Balance
Investor loans secured by real estate
CRE non-owner occupied$35,974 $— $— $1,247 $37,221 
Multifamily54,325 — — 1,968 56,293 
Construction and land5,219 — — 217 5,436 
SBA secured by real estate3,050 — — (185)2,865 
Business loans secured by real estate
CRE owner-occupied31,891 — 4 (434)31,461 
Franchise real estate secured7,977 — — (1,447)6,530 
SBA secured by real estate5,195 — — (46)5,149 
Commercial loans
Commercial and industrial38,598 (5,381)533 3,298 37,048 
Franchise non-real estate secured14,304 (448)— (732)13,124 
SBA non-real estate secured490 — 16 (54)452 
Retail loans
Single family residential233 — 33 12 278 
Consumer loans261 (2)— (41)218 
Totals$197,517 $(5,831)$586 $3,803 $196,075 

Six Months Ended June 30, 2022
 Beginning ACL Balance Charge-offs  Recoveries Provision for Credit Losses  Ending
ACL Balance
(Dollars in thousands)
Investor loans secured by real estate
CRE non-owner occupied$37,380 $— $— $(159)$37,221 
Multifamily55,209 — — 1,084 56,293 
Construction and land5,211 — — 225 5,436 
SBA secured by real estate3,201 (70)— (266)2,865 
Business loans secured by real estate
CRE owner-occupied29,575 — 14 1,872 31,461 
Franchise real estate secured7,985 — — (1,455)6,530 
SBA secured by real estate4,866 — — 283 5,149 
Commercial loans
Commercial and industrial38,136 (7,560)2,374 4,098 37,048 
Franchise non-real estate secured15,084 (448)— (1,512)13,124 
SBA non-real estate secured565 (50)18 (81)452 
Retail loans
Single family residential255 — 33 (10)278 
Consumer loans285 (2)— (65)218 
Totals$197,752 $(8,130)$2,439 $4,014 $196,075 
Three Months Ended June 30, 2021
(Dollars in thousands) Beginning ACL Balance  Charge-offs  Recoveries Provision for Credit Losses  Ending
ACL Balance
Investor loans secured by real estate
CRE non-owner occupied$45,545 $— $— $1,567 $47,112 
Multifamily79,815 — — (20,756)59,059 
Construction and land13,263 — — (3,715)9,548 
SBA secured by real estate5,141 — — (460)4,681 
Business loans secured by real estate
CRE owner-occupied41,594 — 15 (5,862)35,747 
Franchise real estate secured10,876 — — 560 11,436 
SBA secured by real estate6,451 — 80 (214)6,317 
Commercial loans
Commercial and industrial43,373 (3,290)2,098 (2,302)39,879 
Franchise non-real estate secured18,903 — — (1,590)17,313 
SBA non-real estate secured890 — 2 (162)730 
Retail loans
Single family residential822 — 1 (153)670 
Consumer loans326 — — (44)282 
Totals$266,999 $(3,290)$2,196 $(33,131)$232,774 
Six Months Ended June 30, 2021
(Dollars in thousands)Beginning ACL BalanceCharge-offsRecoveriesProvision for Credit LossesEnding
ACL Balance
Investor loans secured by real estate
CRE non-owner occupied$49,176 $(154)$— $(1,910)$47,112 
Multifamily62,534 — — (3,475)59,059 
Construction and land12,435 — — (2,887)9,548 
SBA secured by real estate5,159 (265)— (213)4,681 
Business loans secured by real estate
CRE owner-occupied50,517 — 30 (14,800)35,747 
Franchise real estate secured11,451 — — (15)11,436 
SBA secured by real estate6,567 (98)80 (232)6,317 
Commercial loans
Commercial and industrial46,964 (4,569)2,699 (5,215)39,879 
Franchise non-real estate secured20,525 (156)— (3,056)17,313 
SBA non-real estate secured995 — 4 (269)730 
Retail loans
Single family residential1,204 — 1 (535)670 
Consumer loans491 — — (209)282 
Totals$268,018 $(5,242)$2,814 $(32,816)$232,774