XML 69 R60.htm IDEA: XBRL DOCUMENT v3.23.1
Fair Value and Interest Rate Risk - Financial Assets and Liabilities (Details) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities $ 91,736 $ 84,520
SBA servicing assets 987 1,000
Carrying Amount    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial assets, total 1,041,642 985,537
Financial liabilities, total 1,037,474 976,427
Estimated Fair Value    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial assets, total 1,027,542 966,941
Financial liabilities, total 1,032,380 969,211
Level 1 | Carrying Amount | Brokered Deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 105,089 48,698
Level 1 | Carrying Amount | Cash and noninterest bearing balances due from banks    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash and cash equivalents 1,828 5,182
Level 1 | Carrying Amount | Interest-bearing deposits due from banks    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash and cash equivalents 58,424 33,311
Level 1 | Estimated Fair Value | Brokered Deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 104,362 47,684
Level 1 | Estimated Fair Value | Cash and noninterest bearing balances due from banks    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash and cash equivalents 1,828 5,182
Level 1 | Estimated Fair Value | Interest-bearing deposits due from banks    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash and cash equivalents 58,424 33,311
Level 2 | Carrying Amount    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities 81,531 75,093
Other investments 4,450 4,450
Federal Reserve Bank stock 2,673 2,627
Federal Home Loan Bank stock 6,374 3,874
Loans held for sale 6,882 5,211
Accrued interest receivable 7,308 7,267
FHLB borrowings 150,000 85,000
Senior notes 11,619 11,640
Subordinated debt 9,847 9,840
Junior subordinated debt owed to unconsolidated trust 8,130 8,128
Accrued interest payable 771 585
Interest rate swap liability 106 203
Level 2 | Carrying Amount | Demand deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 152,773 269,636
Level 2 | Carrying Amount | Savings deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 56,418 71,002
Level 2 | Carrying Amount | Money market deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 306,474 211,000
Level 2 | Carrying Amount | Negotiable order of withdrawal accounts    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 29,316 34,440
Level 2 | Carrying Amount | Time deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 206,398 225,670
Level 2 | Carrying Amount | Interest Rate Swap    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Interest rate swap receivable 106 203
Level 2 | Estimated Fair Value    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities 81,531 75,093
Other investments 4,450 4,450
Federal Reserve Bank stock 2,673 2,627
Federal Home Loan Bank stock 6,374 3,874
Loans held for sale 7,471 5,534
Accrued interest receivable 7,308 7,267
FHLB borrowings 149,075 83,853
Senior notes 11,162 11,103
Subordinated debt 9,758 9,680
Junior subordinated debt owed to unconsolidated trust 8,130 8,128
Accrued interest payable 771 585
Interest rate swap liability 106 203
Level 2 | Estimated Fair Value | Demand deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 152,773 269,636
Level 2 | Estimated Fair Value | Savings deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 56,418 71,002
Level 2 | Estimated Fair Value | Money market deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 306,474 211,000
Level 2 | Estimated Fair Value | Negotiable order of withdrawal accounts    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 29,316 34,440
Level 2 | Estimated Fair Value | Time deposits    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deposits 203,531 221,353
Level 2 | Estimated Fair Value | Interest Rate Swap    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Interest rate swap receivable 106 203
Level 3 | Carrying Amount    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities 10,205 9,427
Loans receivable, net 860,968 838,006
SBA servicing assets 893 886
Note payable 533 585
Level 3 | Estimated Fair Value    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Available-for-sale securities 10,205 9,427
Loans receivable, net 846,185 818,960
SBA servicing assets 987 1,013
Note payable $ 504 $ 544