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Allowance for Loan Losses (Tables)
 12 Months Ended
Dec. 31, 2021
Receivables [Abstract]  
Schedule of Allowance for Loans Losses and Recorded Investment in Loans by Loan Segment
The following schedule presents the activity in the allowance for loan losses by loan segment for the year ended December 31, 2021 and 2020:
Year Ended
December 31,
20212020
Balance, beginning of period
$21,162 $10,742 
Charge-offs:
Real estate - residential— (7)
Real estate - commercial(169)(427)
Commercial and industrial
(4,919)(6,336)
Consumer and other
(70)(98)
Total charge-offs
(5,158)(6,868)
Recoveries:
Real estate - commercial78 — 
Commercial and industrial
863 311 
Consumer and other
7 77 
Total recoveries
948 388 
Net (charge-offs) recoveries
(4,210)(6,480)
Provision for loan losses
(3,500)16,900 
Balance, end of period
$13,452 $21,162 
Net charge-offs (recoveries) to total average loans held for investment
0.44 %0.70 %
The following table presents the balance in the allowance for loan losses and the recorded investment in loans by loan segment and based on impairment method at December 31, 2021. The government guaranteed loan balances are included in the collectively evaluated for impairment balances.
Real Estate-
Residential		Real Estate-
Commercial		Real Estate -
Construction
and Land		Commercial
and
Industrial		Commercial
and
Industrial -
PPP		Consumer
and Other		UnallocatedTotal
Allowance for loan losses:
Individually evaluated for impairment
$— $91 $— $902 $— $— $— $993 
Collectively evaluated for impairment
1,437 2,258 241 8,300 — 154 69 12,459 
Total
$1,437 $2,349 $241 $9,202 $— $154 $69 $13,452 
Loans:
Individually evaluated for impairment
$124 $2,900 $— $902 $— $— $— $3,926 
Collectively evaluated for impairment
87,111 160,577 18,632 216,253 80,158 3,581 — 566,312 
Total
$87,235 $163,477 $18,632 $217,155 $80,158 $3,581 $— $570,238 
The following table presents the balance in the allowance for loan losses and the recorded investment in loans by loan segment and based on impairment method at December 31, 2020. The government guaranteed loan balances are included in the collectively evaluated for impairment balances.
Real Estate-
Residential		Real Estate-
Commercial		Real Estate -
Construction
and Land		Commercial
and
Industrial		Commercial
and
Industrial -
PPP		Consumer
and Other		UnallocatedTotal
Allowance for loan losses:
Individually evaluated for impairment
$— $162 $— $948 $— $— $— $1,110 
Collectively evaluated for impairment
2,088 2,737 310 14,470 — 252 195 20,052 
Total
$2,088 $2,899 $310 $15,418 $— $252 $195 $21,162 
Loans:
Individually evaluated for impairment
$— $2,348 $— $948 $— $— $— $3,296 
Collectively evaluated for impairment
64,724 112,536 15,113 192,979 838,847 2,896 — 1,227,095 
Total
$64,724 $114,884 $15,113 $193,927 $838,847 $2,896 $— $1,230,391 
Summary of Information Related to Impaired Loans by Loan Segment
The following table presents information related to impaired loans by loan segment at and for the year ended December 31, 2021:
Unpaid
Principal
Balance		Recorded
Investment
Allowance
for Loan
Losses
Allocated
Average
Recorded
Investment
Interest
Income
Recognized
Cash Basis
Interest
Recognized
With no related allowance recorded:
Real estate - residential
$124 $124 $— $31 $— $— 
Real estate - commercial
2,763 2,763 — 2,353 8 8 
Real estate - construction and land
— — — — — — 
Commercial and industrial
— — — — — — 
Consumer and other
— — — — — — 
Subtotal
2,887 2,887 — 2,384 8 8 
With an allowance recorded:
Real estate - residential
— — — — — — 
Real estate - commercial
137 137 91 360 — — 
Real estate - construction and land
— — — — — — 
Commercial and industrial
902 902 902 874 — — 
Consumer and other
— — — — — — 
Subtotal
1,039 1,039 993 1,234 — — 
Total
$3,926 $3,926 $993 $3,618 $8 $8 
The following table presents information related to impaired loans by loan segment at and for the year ended December 31, 2020:
Unpaid
Principal
Balance		Recorded
Investment
Allowance
for Loan
Losses
Allocated
Average
Recorded
Investment
Interest
Income
Recognized
Cash Basis
Interest
Recognized
With no related allowance recorded:
Real estate - residential
$— $— $— $23 $— $— 
Real estate - commercial
1,699 1,272 — 946 48 36 
Real estate - construction and land
— — — — — — 
Commercial and industrial
— — — 46 — — 
Consumer and other
— — — — — — 
Subtotal
1,699 1,272 — 1,015 48 36 
With an allowance recorded:
Real estate - residential
— — — — — — 
Real estate - commercial
1,076 1,076 162 1,085 — — 
Real estate - construction and land
— — — — — — 
Commercial and industrial
948 948 948 2,008 — — 
Consumer and other
— — — — — — 
Subtotal
2,024 2,024 1,110 3,093 — — 
Total
$3,723 $3,296 $1,110 $4,108 $48 $36 
Schedule of Recorded Investment in Nonaccrual and Loans Past Due over 89 Days Still on Accrual by Loan Segment
The following tables present the recorded investment in nonaccrual and loans past due over 89 days still on accrual by loan segment at December 31, 2021 and December 31, 2020. In the following table, the recorded investment does not include the government guaranteed balance.
NonaccrualLoans Past Due Over
89 Days Still Accruing
December 31, 2021December 31, 2020December 31, 2021December 31, 2020
Real estate - residential
$124 $— $126 $573 
Real estate - commercial
2,815 1,806 — — 
Commercial and industrial
902 948 — — 
Total
$3,841 $2,754 $126 $573 
Schedule of Aging of Recorded Investment in Past Due Loans
The following table presents the aging of the recorded investment in past due loans at December 31, 2021 by loan segment:
30-89 Days
Past Due		Greater Than
89 Days
Past Due
Total
Past Due
Loans Not
Past Due (1)
Total
Loans
Real estate - residential
$57 $250 $307 $86,928 $87,235 
Real estate - commercial
192 1,778 1,970 161,507 163,477 
Real estate - construction and land
— — — 18,632 18,632 
Commercial and industrial
991 424 1,415 215,740 217,155 
Commercial and industrial - PPP
— — — 80,158 80,158 
Consumer and other
— — — 3,581 3,581 
Total
$1,240 $2,452 $3,692 $566,546 $570,238 
(1) For the purposes of the table above, $10,360 of balances 30-89 days past due and $2,807 of balances greater than 89 days past due are reported as Loans Not Past Due as a result of the government guaranty, $11,089 of commercial and industrial PPP loans are primarily due to delinquencies from borrowers with only a PPP loan and no other First Home Bank product. These borrowers were non-responsive to requests for forgiveness applications and payments, and applications were subsequently submitted to the SBA for their 100% guarantee purchase from the Bank.
The following table presents the aging of the recorded investment in past due loans at December 31, 2020 by loan segment:
30-89 Days
Past Due		Greater Than
89 Days
Past Due
Total
Past Due
Loans Not
Past Due (1)
Total
Loans
Real estate - residential
$654 $573 $1,227 $63,497 $64,724 
Real estate - commercial
954 1,743 2,697 112,187 114,884 
Real estate - construction and land
— — — 15,113 15,113 
Commercial and industrial
1,613 — 1,613 192,314 193,927 
Commercial and industrial - PPP
— — — 838,847 838,847 
Consumer and other
4 — 4 2,892 2,896 
Total
$3,225 $2,316 $5,541 $1,224,850 $1,230,391 
(1) For the purposes of the table above, $252 of balances 30-89 days past due and $5,023 of balances greater than 89 days past due are reported as Loans Not Past Due as a result of the government guaranty.
Summary of Credit Exposure for the Loan Portfolio Disaggregated by Loan Segment
The table below sets forth credit exposure for the loan portfolio disaggregated by loan segment based on internally assigned risk ratings at December 31, 2021:
PassSpecial
Mention
Substandard
Doubtful
Total
Loans
Real estate - residential
$87,233 $— $2 $— $87,235 
Real estate - commercial
160,492 170 2,815 — 163,477 
Real estate - construction and land
18,632 — — — 18,632 
Commercial and industrial
212,544 1,850 2,761 — 217,155 
Commercial and industrial - PPP
80,158 — — — 80,158 
Consumer and other
3,581 — — — 3,581 
Loans held for investment, at amortized cost$562,640 $2,020 $5,578 $— $570,238 
The table below sets forth credit exposure for the loan portfolio disaggregated by loan segment based on internally assigned risk ratings at December 31, 2020:
PassSpecial
Mention
Substandard
Doubtful
Total
Loans
Real estate - residential
$64,593 $— $131 $— $64,724 
Real estate - commercial
112,260 431 2,193 — 114,884 
Real estate - construction and land
15,113 — — — 15,113 
Commercial and industrial
186,781 5,177 1,896 73 193,927 
Commercial and industrial - PPP
838,847 — — — 838,847 
Consumer and other
2,896 — — — 2,896 
Loans held for investment, at amortized cost$1,220,490 $5,608 $4,220 $73 $1,230,391 
Schedule of Loans Classified as Troubled Debt Restructuring and Loan Modifications Related to Covid-19
The following table presents loans classified as TDR at December 31, 2021 and December 31, 2020:
December 31, 2021December 31, 2020
AccruingNonaccruingAccruingNonaccruing
Real estate - commercial
$85 $1,116 $542 $666 
Loan modifications related to COVID-19 at December 31, 2021 and December 31, 2020 are presented in the table below:
December 31, 2021December 31, 2020
Number of
Loans		Outstanding
Recorded
Investment
Number of
Loans
Outstanding
Recorded
Investment
Real estate - residential
1 $258 11 $7,106 
Real estate - commercial
— — 4 1,849 
Real estate - construction and land
— — 2 1,424 
Commercial and industrial
23 1,113 220 9,624 
Total loan modifications related to COVID-19
24 $1,371 237 $20,003