Allowance for Credit Losses (Tables)

12 Months Ended

Dec. 31, 2024

Provision for Loan and Lease Losses [Abstract]

Schedule of Allocation of the Allowance for Credit Losses

The following tables provide 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:

	For the Year Ended December 31, 2024
(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	$	31,030	$	(7,483)	$	1,500	$	1,361	$	26,408
Multifamily	56,312		(7,372)		5		4,360		53,305
Construction and land	9,314		—		—		(4,084)		5,230
SBA secured by real estate	2,182		(696)		194		42		1,722
Business loans secured by real estate
CRE owner-occupied	28,787		(5,983)		184		8,806		31,794
Franchise real estate secured	7,499		(212)		—		(1,451)		5,836
SBA secured by real estate	4,427		—		5		(601)		3,831
Commercial loans
Commercial and industrial	36,692		(3,837)		622		4,126		37,603
Franchise non-real estate secured	15,131		(100)		3,609		(7,846)		10,794
SBA non-real estate secured	458		(7)		12		(104)		359
Retail loans
Single family residential	505		—		3		685		1,193
Consumer loans	134		(896)		4		869		111
Totals	$	192,471	$	(26,586)	$	6,138	$	6,163	$	178,186

	For the Year Ended December 31, 2023
(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	$	33,692	$	(3,472)	$	159	$	651	$	31,030
Multifamily	56,334		(1,872)		1		1,849		56,312
Construction and land	7,114		—		—		2,200		9,314
SBA secured by real estate	2,592		(108)		—		(302)		2,182
Business loans secured by real estate
CRE owner-occupied	32,340		(2,370)		40		(1,223)		28,787
Franchise real estate secured	7,019		—		—		480		7,499
SBA secured by real estate	4,348		—		248		(169)		4,427
Commercial loans
Commercial and industrial	35,169		(10,474)		1,041		10,956		36,692
Franchise non-real estate secured	16,029		—		150		(1,048)		15,131
SBA non-real estate secured	441		(67)		71		13		458
Retail loans
Single family residential	352		(90)		1		242		505
Consumer loans	221		(896)		35		774		134
Totals	$	195,651	$	(19,349)	$	1,746	$	14,423	$	192,471

	For the Year Ended December 31, 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	$	37,380	$	(4,760)	$	—	$	1,072	$	33,692
Multifamily	55,209		—		—		1,125		56,334
Construction and land	5,211		—		—		1,903		7,114
SBA secured by real estate	3,201		(70)		—		(539)		2,592
Business loans secured by real estate
CRE owner-occupied	29,575		—		56		2,709		32,340
Franchise real estate secured	7,985		—		—		(966)		7,019
SBA secured by real estate	4,866		—		—		(518)		4,348
Commercial loans
Commercial and industrial	38,136		(8,387)		2,904		2,516		35,169
Franchise non-real estate secured	15,084		(448)		—		1,393		16,029
SBA non-real estate secured	565		(50)		51		(125)		441
Retail loans
Single family residential	255		—		148		(51)		352
Consumer loans	285		(4)		—		(60)		221
Totals	$	197,752	$	(13,719)	$	3,159	$	8,459	$	195,651

Schedule of Fair Value, off-Balance-Sheet Risks

The following table summarizes the activities in the ACL for off-balance sheet commitments for the periods indicated:

	Year Ended December 31,
(Dollars in thousands)	2024		2023		2022
Beginning ACL balance	$	19,264	$	23,641	$	27,290
Provision for credit losses on off-balance sheet commitments	(1,358)		(4,377)		(3,649)
Ending ACL balance	$	17,906	$	19,264	$	23,641