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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash Flows from Operating Activities:      
Net (loss) income $ (3,819,000) $ (2,817,000) $ 3,196,000
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:      
Amortization (accretion) of investment premiums (discounts), net 269,000 7,000 15,000
Amortization and accretion of purchase loan premiums and discounts 816,000 997,000 523,000
Amortization of debt issuance costs 112,000 112,000 97,000
Amortization of core deposit intangible 74,000 75,000 50,000
Amortization of servicing assets of sold SBA loans 22,000 16,000
Impairment of intangible assets 206,000
Purchase price adjustment expense related to acquisition activity 556,000
Provision for loan losses 2,170,000 4,971,000 1,303,000
Depreciation and amortization 1,505,000 1,600,000 1,486,000
Share-based compensation 159,000 214,000 220,000
Increase in deferred income taxes (323,000) (1,136,000) (265,000)
Originations of SBA loans held for sale (2,049,000) (26,947,000) (2,254,000)
Proceeds from sale of SBA loans held for sale 12,160,000 12,556,000 2,096,000
Gains on sale of SBA loans held for sale, net (566,000) (891,000) (155,000)
Net loss on sale and write-down of other real estate owned 69,000 94,000
Changes in assets and liabilities:      
(Increase) decrease in accrued interest and dividends receivable (3,017,000) 163,000 (270,000)
Increase in other assets (331,000) (1,180,000) (981,000)
(Decrease) increase in accrued expenses and other liabilities (1,732,000) 251,000 211,000
Net cash provided by (used in) operating activities 6,281,000 (11,915,000) 5,272,000
Cash Flows from Investing Activities:      
Proceeds from maturity or sales on available-for-sale securities 6,500,000 37,032,000
Principal repayments on available-for-sale securities 9,879,000 3,893,000 2,267,000
Purchases of available-for-sale securities (11,248,000) (18,072,000) (18,562,000)
Purchases of other investments (513,000)
Proceeds from maturity of other investments 513,000 512,000
Redemption (purchases) of Federal Reserve Bank stock 114,000 (31,000) (364,000)
(Purchases) redemptions of Federal Home Loan Bank stock (26,000) 451,000 961,000
Decrease in originated loans receivable, net 116,635,000 18,728,000 5,572,000
Purchases of loans receivable (32,785,000) (54,604,000) (47,074,000)
Purchases of premises and equipment (70,000) (552,000) (1,142,000)
Proceeds from sale of other real estate owned 425,000 897,000
Refund of (payment for) escrow deposit related to acquisition activity 500,000 (500,000)
Net cash used in business combination (5,071,000)
Net cash provided by (used in) investing activities 82,924,000 (41,777,000) (26,882,000)
Cash Flows from Financing Activities:      
(Decrease) increase in deposits, net (133,877,000) 26,254,000 59,658,000
Purchases of deposits 49,998,000
Repayments of FHLB borrowings (10,000,000) (29,800,000)
Proceeds from issuance of subordinated note, net 9,709,000
Principal repayments of note payable (199,000) (195,000) (192,000)
Decrease in advances from borrowers for taxes and insurance 105,000 755,000 97,000
Dividends paid on common stock 0 (155,000) (154,000)
Net cash (used in) provided by financing activities (93,973,000) 26,659,000 39,318,000
Net (decrease) increase in cash and cash equivalents (4,768,000) (27,033,000) 17,708,000
Cash and cash equivalents at beginning of period 39,404,000 66,437,000 48,729,000
Cash and cash equivalents at end of period 34,636,000 39,404,000 66,437,000
Supplemental Disclosures of Cash Flow Information:      
Cash paid for interest 15,037,000 17,740,000 11,246,000
Cash (refund) paid for income taxes, net (659,000) 22,000 1,243,000
Non-cash transactions:      
Purchase of premises and equipment 290,000 181,000 415,000
Increase in accrued expense and other liabilities (290,000) (181,000) (415,000)
Purchases of available-for-sale securities 578,000
Increase in accrued expense and other liabilities (578,000)
Transfers of loans receivable to other real estate owned 446,000 1,954,000
Transfers of loans receivable to loans held for sale 5,022,000
Operating lease right-of-use assets 40,000 3,160,000
Operating lease liabilities (40,000) (3,364,000)
Accrued rent payable - adoption ASC 842 22,000 93,000
Capitalized servicing assets 137,000 180,000
Business Combination Non-Cash Disclosures:      
Assets acquired in business combination (net of cash received) 60,173,000
Liabilities acquired in business combination (56,123,000)
Contingent liability assumed in business combination 621,000 (707,000)
Decrease in escrow deposit related to acquisition activity (657,000)
Decrease in liabilities related to acquisition activity 15,000
Decrease in contingent consideration related to acquisition activity 86,000
Interest Rate Swap [Member]      
Non-cash transactions:      
Increase in interest rate swaps assets 493,000
Increase in interest rate swaps liabilities (493,000)
SBA CARES Act Paycheck Protection Program [Member]      
Non-cash transactions:      
Transfers of SBA loans held for sale to loans receivable $ 9,542,000