Community West Bancshares (CWBC) 10-Q 1 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Jul. 29, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	COMMUNITY WEST BANCSHARES /
Entity Central Index Key	1,051,343
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		8,097,975
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2016

CONSOLIDATED BALANCE SHEETS (un

CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Assets:
Cash and due from banks	$ 2,646	$ 2,768
Federal funds sold	19	21
Interest-earning demand in other financial institutions	24,504	32,730
Cash and cash equivalents	27,169	35,519
Money market investments	100	99
Investment securities - available-for-sale, at fair value; amortized cost of $23,952 at June 30, 2016 and $23,558 at December 31, 2015	24,008	23,441
Investment securities - held-to-maturity, at amortized cost; fair value of $7,171 at June 30, 2016 and $7,399 at December 31, 2015	6,774	7,025
Federal Home Loan Bank stock, at cost	2,070	1,886
Federal Reserve Bank stock, at cost	1,373	1,373
Loans:
Held for sale, at lower of cost or fair value	60,086	64,488
Held for investment, net of allowance for loan losses of $7,028 at June 30, 2016 and $6,916 at December 31, 2015	504,740	472,058
Total loans	564,826	536,546
Other assets acquired through foreclosure, net	129	198
Premises and equipment, net	2,888	2,993
Other assets	13,287	12,133
Total assets	642,624	621,213
Deposits:
Non-interest-bearing demand	83,524	76,469
Interest-bearing demand	250,036	250,509
Savings	14,173	13,690
Certificates of deposit ($250 or more)	74,622	66,722
Other certificates of deposit	142,829	136,948
Total deposits	565,184	544,338
Other borrowings	10,500	10,500
Other liabilities	3,702	4,431
Total liabilities	579,386	559,269
Stockholders' equity:
Common stock - no par value, 20,000,000 shares authorized; 8,097,975 shares issued and outstanding at June 30, 2016 and 8,205,858 at December 31, 2015	41,670	42,355
Retained earnings	21,535	19,657
Accumulated other comprehensive income (loss)	33	(68)
Total stockholders' equity	63,238	61,944
Total liabilities and stockholders' equity	$ 642,624	$ 621,213

CONSOLIDATED BALANCE SHEETS (u3

CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Assets:
Investment securities available-for-sale, amortized cost	$ 23,952	$ 23,558
Investment securities held-to-maturity, fair value	7,171	7,399
Loans:
Held for investment, allowance for loan losses	$ 7,028	$ 6,916
Stockholders' equity:
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	20,000,000	20,000,000
Common stock, shares issued (in shares)	8,097,975	8,205,858
Common stock, shares outstanding (in shares)	8,097,975	8,205,858

CONSOLIDATED INCOME STATEMENTS

CONSOLIDATED INCOME STATEMENTS (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Interest income:
Loans, including fees	$ 7,414	$ 7,410	$ 14,589	$ 14,122
Investment securities and other	260	285	529	590
Total interest income	7,674	7,695	15,118	14,712
Interest expense:
Deposits	704	569	1,355	1,174
Other borrowings	73	15	145	76
Total interest expense	777	584	1,500	1,250
Net interest income	6,897	7,111	13,618	13,462
Provision (credit) for loan losses	61	(584)	(186)	(1,552)
Net interest income after provision for loan losses	6,836	7,695	13,804	15,014
Non-interest income:
Other loan fees	282	370	557	545
Document processing fees	136	131	251	223
Service charges	102	87	192	160
Other	57	149	156	289
Total non-interest income	577	737	1,156	1,217
Non-interest expenses:
Salaries and employee benefits	3,494	3,202	6,946	6,317
Occupancy, net	581	487	1,067	932
Professional services	278	276	457	524
Data processing	169	134	340	253
Depreciation	175	96	324	187
FDIC assessment	99	82	196	153
Advertising and marketing	212	152	293	232
Stock-based compensation	84	218	164	260
Loan servicing and collection	(89)	182	90	271
Loan litigation settlement, net	0	7,153	0	7,153
Other	503	399	965	870
Total non-interest expenses	5,506	12,381	10,842	17,152
Income (loss) before provision for income taxes	1,907	(3,949)	4,118	(921)
Provision (benefit) for income taxes	782	(1,607)	1,710	(349)
Net income (loss)	1,125	(2,342)	2,408	(572)
Dividends on preferred stock	0	136	0	276
Discount on partial redemption of preferred stock	0	(110)	0	(129)
Net income (loss) available to common stockholders	$ 1,125	$ (2,368)	$ 2,408	$ (719)
Earnings (loss) per share:
Basic (in dollars per share)	$ 0.14	$ (0.29)	$ 0.30	$ (0.09)
Diluted (in dollars per share)	$ 0.13	$ (0.29)	$ 0.29	$ (0.09)
Weighted average number of common shares outstanding:
Basic (in shares)	8,098	8,204	8,134	8,204
Diluted (in shares)	8,410	8,204	8,439	8,204
Dividends declared per common share (in dollars per share)	$ 0.035	$ 0.03	$ 0.065	$ 0.05

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (unaudited) [Abstract]
Net income (loss)	$ 1,125	$ (2,342)	$ 2,408	$ (572)
Other comprehensive income (loss), net:
Unrealized income (loss) on securities available-for-sale (AFS), net (tax effect of $11, $97, ($71) and $107 for each respective period)	(16)	(139)	101	(153)
Net other comprehensive income (loss)	(16)	(139)	101	(153)
Comprehensive income (loss)	$ 1,109	$ (2,481)	$ 2,509	$ (725)

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Other comprehensive income (loss), net:
Unrealized income (loss) on securities available-for-sale (AFS), tax effect	$ 11	$ 97	$ (71)	$ 107

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Retained Earnings [Member]	Total
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				$ (572)
Other comprehensive income, net				(153)
Net income				(2,342)
Other comprehensive income, net				(139)
Balance at Dec. 31, 2015	$ 42,355	$ (68)	$ 19,657	$ 61,944
Balance (in shares) at Dec. 31, 2015	8,206,000			8,205,858
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	2,408	$ 2,408
Exercise of stock options	$ 131	0	0	131
Exercise of stock options (in shares)	30,000
Stock based compensation	$ 164	0	0	164
Stock based compensation (in shares)	0
Common stock repurchases	$ (980)	0	0	(980)
Common stock repurchases (in shares)	(138,000)
Dividends on common stock	$ 0	0	(530)	(530)
Other comprehensive income, net	0	101	0	101
Balance at Jun. 30, 2016	$ 41,670	33	21,535	$ 63,238
Balance (in shares) at Jun. 30, 2016	8,098,000			8,097,975
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				$ 1,125
Other comprehensive income, net				(16)
Balance at Jun. 30, 2016	$ 41,670	$ 33	$ 21,535	$ 63,238
Balance (in shares) at Jun. 30, 2016	8,098,000			8,097,975

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net income (loss)	$ 2,408	$ (572)
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision (credit) for loan losses	(186)	(1,552)
Depreciation	324	187
Stock based compensation	164	260
Deferred income taxes	(27)	177
Net accretion of discounts and premiums for investment securities	188	(70)
(Gains)/Losses on:
Sale of repossessed assets, net	7	(17)
Sale of loans, net	0	(107)
Sale of assets, net	0	32
Loans originated for sale and principal collections, net	4,402	1,382
Changes in:
Other assets	(1,197)	398
Other liabilities	(763)	(1,082)
Servicing rights, net	33	28
Net cash provided by (used in) operating activities	5,353	(936)
Cash flows from investing activities:
Principal pay downs and maturities of available-for-sale securities	4,892	5,001
Purchase of available-for-sale securities	(5,472)	(7,416)
Proceeds from principal pay downs and maturities of securities held-to-maturity	248	926
Loan originations and principal collections, net	(32,661)	(24,676)
Purchase of restricted stock, net	(184)	(170)
Net increase in interest-bearing deposits in other financial institutions	(1)	0
Purchase of premises and equipment, net	(219)	(125)
Proceeds from sale of other real estate owned and repossessed assets, net	227	222
Net cash used in investing activities	(33,170)	(26,238)
Cash flows from financing activities:
Net increase in deposits	20,846	23,513
Net increase in borrowings	0	10,000
Exercise of stock options	131	3
Cash dividends paid on common stock	(530)	(410)
Common stock repurchase	(980)	0
Redemption of preferred stock	0	(1,311)
Cash dividends paid on preferred stock	0	(292)
Net cash provided by financing activities	19,467	31,503
Net (decrease) increase in cash and cash equivalents	(8,350)	4,329
Cash and cash equivalents at beginning of year	35,519	18,959
Cash and cash equivalents at end of period	27,169	23,288
Cash paid during the period for:
Interest	1,422	1,259
Income taxes	3,600	650
Non-cash investing and financing activity:
Transfers to other assets acquired through foreclosure, net	$ 165	$ 335

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2016
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations Community West Bancshares (“CWBC”), incorporated under the laws of the state of California, is a bank holding company providing full service banking through its wholly-owned subsidiary Community West Bank, N.A. (“CWB” or the “Bank”). Unless indicated otherwise or unless the context suggest otherwise, these entities are referred to herein collectively and on a consolidated basis as the “Company.” Basis of Presentation The accounting and reporting policies of the Company are in accordance with accounting principles generally accepted in the United States (“GAAP”) and conform to practices within the financial services industry. The accounts of the Company and its consolidated subsidiary are included in these Consolidated Financial Statements. All significant intercompany balances and transactions have been eliminated. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant changes in the near term relate to the determination of the allowance for loan losses and the fair value of securities available for sale. Although Management believes these estimates to be reasonably accurate, actual amounts may differ. In the opinion of Management, all necessary adjustments have been reflected in the financial statements during their preparation. Interim Financial Information The accompanying unaudited consolidated financial statements as of and for the three and six months ended June 30, 2016 and 2015 have been prepared in a condensed format, and therefore do not include all of the information and footnotes required by GAAP for complete financial statements. These statements have been prepared on a basis that is substantially consistent with the accounting principles applied to our audited consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2015. The information furnished in these interim statements reflects all adjustments which are, in the opinion of management, necessary for a fair statement of the results for each respective period presented. Such adjustments are of a normal recurring nature. The results of operations in the interim statements are not necessarily indicative of the results that may be expected for any other quarter or for the full year. The interim financial information should be read in conjunction with the Company’s audited consolidated financial statements. Reclassifications Certain amounts in the consolidated financial statements as of December 31, 2015 and for the three and six months ended June 30, 2015 have been reclassified to conform to the current presentation. The reclassifications have no effect on net income, comprehensive income or stockholders’ equity as previously reported. Loans Held For Sale Loans which are originated and intended for sale in the secondary market are carried at the lower of cost or estimated fair value determined on an aggregate basis. Valuation adjustments, if any, are recognized through a valuation allowance by charges to lower of cost or fair value provision. Loans held for sale are mostly comprised of SBA and commercial agriculture. In the third quarter of 2015, the Company announced its exit from originating single family residential loans for sale. The Company did not incur any lower of cost or fair value provision in the three months ended June 30, 2016 and 2015. Loans Held for Investment and Interest and Fees from Loans Loans are recognized at the principal amount outstanding, net of unearned income, loan participations and amounts charged off. Unearned income includes deferred loan origination fees reduced by loan origination costs. Unearned income on loans is amortized to interest income over the life of the related loan using the level yield method. Interest income on loans is accrued daily using the effective interest method and recognized over the terms of the loans. Loan fees collected for the origination of loans less direct loan origination costs (net deferred loan fees) are amortized over the contractual life of the loan through interest income. If the loan has scheduled payments, the amortization of the net deferred loan fee is calculated using the interest method over the contractual life of the loan. If the loan does not have scheduled payments, such as a line of credit, the net deferred loan fee is recognized as interest income on a straight-line basis over the contractual life of the loan commitment. Commitment fees based on a percentage of a customer’s unused line of credit and fees related to standby letters of credit are recognized over the commitment period. When loans are repaid, any remaining unamortized balances of unearned fees, deferred fees and costs and premiums and discounts paid on purchased loans are accounted for through interest income. Nonaccrual loans: For all loan types, when a loan is placed on nonaccrual status, all interest accrued but uncollected is reversed against interest income in the period in which the status is changed. Subsequent payments received from the customer are applied to principal and no further interest income is recognized until the principal has been paid in full or until circumstances have changed such that payments are again consistently received as contractually required. The Company occasionally recognizes income on a cash basis for non-accrual loans in which the collection of the remaining principal balance is not in doubt. Impaired loans: Troubled debt restructured loan (“TDR”): Generally, a loan that is modified at an effective market rate of interest may no longer be disclosed as a troubled debt restructuring in years subsequent to the restructuring if it is not impaired based on the terms specified by the restructuring agreement. Allowance for Loan Losses and Provision for Loan Losses The Company maintains a detailed, systematic analysis and procedural discipline to determine the amount of the allowance for loan losses (“ALL”). The ALL is based on estimates and is intended to be appropriate to provide for probable losses inherent in the loan portfolio. This process involves deriving probable loss estimates that are based on migration analysis and historical loss rates, in addition to qualitative factors that are based on management’s judgment. The migration analysis and historical loss rate calculations are based on the annualized loss rates utilizing a twelve-quarter loss history. Migration analysis is utilized for the Commercial Real Estate (“CRE”), Commercial, Commercial Agriculture, Small Business Administration (“SBA”), Home Equity Line of Credit (“HELOC”), Single Family Residential, and Consumer portfolios. The historical loss rate method is utilized primarily for the Manufactured Housing portfolio. The migration analysis takes into account the risk rating of loans that are charged off in each loan category. Loans that are considered Doubtful are typically charged off. The following is a description of the characteristics of loan ratings. Loan ratings are reviewed as part of our normal loan monitoring process, but, at a minimum, updated on an annual basis. Outstanding – Good – Pass - Watch – Special Mention - Substandard - Doubtful - Loss - The Company’s ALL is maintained at a level believed appropriate by management to absorb known and inherent probable losses on existing loans. The allowance is charged for losses when management believes that full recovery on the loan is unlikely. The following is the Company’s policy regarding charging off loans. Commercial, CRE and SBA Loans Charge-offs on these loan categories are taken as soon as all or a portion of any loan balance is deemed to be uncollectible. A loan is considered impaired when, based on current information, it is probable that the Company will be unable to collect the scheduled payments of principal and/or interest under the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and/or interest payments. Loans that experience insignificant payment delays or payment shortfalls generally are not classified as impaired. Generally, loan balances are charged-down to the fair value of the collateral, if, based on a current assessment of the value, an apparent deficiency exists. In the event there is no perceived equity, the loan is charged-off in full. Unsecured loans which are delinquent over 90 days are also charged-off in full. Single Family Real Estate, HELOC’s and Manufactured Housing Loans Consumer loans and residential mortgages secured by one-to-four family residential properties, HELOC and manufactured housing loans in which principal or interest is due and unpaid for 90 days, are evaluated for impairment. Loan balances are charged-off to the fair value of the property, less estimated selling costs, if, based on a current appraisal, an apparent deficiency exists. In the event there is no perceived equity, the loan is generally fully charged-off. Consumer Loans All consumer loans (excluding real estate mortgages, HELOCs and savings secured loans) are charged-off or charged-down to net recoverable value before becoming 120 days or five payments delinquent. The ALL calculation for the different loan portfolios is as follows: · Commercial Real Estate, Commercial, Commercial Agriculture, SBA, HELOC, Single Family Residential, and Consumer – Migration analysis combined with risk rating is used to determine the required ALL for all non-impaired loans. In addition, the migration results are adjusted based upon qualitative factors that affect this specific portfolio category. Reserves on impaired loans are determined based upon the individual characteristics of the loan. · Manufactured Housing – The ALL is calculated on the basis of loss history and risk rating, which is primarily a function of delinquency. In addition, the loss results are adjusted based upon qualitative factors that affect this specific portfolio. The Company evaluates and individually assesses for impairment loans classified as substandard or doubtful in addition to loans either on nonaccrual, considered a TDR or when other conditions exist which lead management to review for possible impairment. Measurement of impairment on impaired loans is determined on a loan-by-loan basis and in total establishes a specific reserve for impaired loans. The amount of impairment is determined by comparing the recorded investment in each loan with its value measured by one of three methods: · The expected future cash flows are estimated and then discounted at the effective interest rate. · The value of the underlying collateral net of selling costs. Selling costs are estimated based on industry standards, the Company’s actual experience or actual costs incurred as appropriate. When evaluating real estate collateral, the Company typically uses appraisals or valuations, no more than twelve months old at time of evaluation. When evaluating non-real estate collateral securing the loan, the Company will use audited financial statements or appraisals no more than twelve months old at time of evaluation. Additionally, for both real estate and non-real estate collateral, the Company may use other sources to determine value as deemed appropriate. · The loan’s observable market price. Interest income is not recognized on impaired loans except for limited circumstances in which a loan, although impaired, continues to perform in accordance with the loan contract and the borrower provides financial information to support maintaining the loan on accrual. The Company determines the appropriate ALL on a monthly basis. Any differences between estimated and actual observed losses from the prior month are reflected in the current period in determining the appropriate ALL determination and adjusted as deemed necessary. The review of the appropriateness of the allowance takes into consideration such factors as concentrations of credit, changes in the growth, size and composition of the loan portfolio, overall and individual portfolio quality, review of specific problem loans, collateral, guarantees and economic and environmental conditions that may affect the borrowers' ability to pay and/or the value of the underlying collateral. Additional factors considered include: geographic location of borrowers, changes in the Company’s product-specific credit policy and lending staff experience. These estimates depend on the outcome of future events and, therefore, contain inherent uncertainties. Another component of the ALL considers qualitative factors related to non-impaired loans. The qualitative portion of the allowance on each of the loan pools is based on the following factors: · Concentrations of credit · International risk · Trends in volume, maturity, and composition · Volume and trend in delinquency · Economic conditions · Outside exams · Geographic distance · Policy and changes · Staff experience and ability Off Balance Sheet and Credit Exposure In the ordinary course of business, the Company has entered into off-balance sheet financial instruments consisting of commitments to extend credit and standby letters of credit. Such financial instruments are recorded in the consolidated financial statements when they are funded. They involve, to varying degrees, elements of credit risk in excess of amounts recognized in the consolidated balance sheets. Losses would be experienced when the Company is contractually obligated to make a payment under these instruments and must seek repayment from the borrower, which may not be as financially sound in the current period as they were when the commitment was originally made. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. The Company enters into credit arrangements that generally provide for the termination of advances in the event of a covenant violation or other event of default. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the party. The commitments are collateralized by the same types of assets used as loan collateral. As with outstanding loans, the Company applies qualitative factors and utilization rates to its off-balance sheet obligations in determining an estimate of losses inherent in these contractual obligations. The estimate for loan losses on off-balance sheet instruments is included within other liabilities and the charge to income that establishes this liability is included in non-interest expense. Foreclosed Real Estate and Repossessed Assets Foreclosed real estate and other repossessed assets are recorded at fair value at the time of foreclosure less estimated costs to sell. Any excess of loan balance over the fair value less estimated costs to sell of the other assets is charged-off against the allowance for loan losses. Any excess of the fair value less estimated costs to sell over the loan balance is recorded as a loan loss recovery to the extent of the loan loss previously charged-off against the allowance for loan losses; and, if greater, recorded as a gain on foreclosed assets. Subsequent to the legal ownership date, the Company periodically performs a new valuation and the asset is carried at the lower of carrying amount or fair value less estimated costs to sell. Operating expenses or income, and gains or losses on disposition of such properties, are recorded in current operations. Income Taxes The Company uses the asset and liability method, which recognizes an asset or liability representing the tax effects of future deductible or taxable amounts that have been recognized in the consolidated financial statements. Due to tax regulations, certain items of income and expense are recognized in different periods for tax return purposes than for financial statement reporting. These items represent “temporary differences.” Deferred income taxes are recognized for the tax effect of temporary differences between the tax basis of assets and liabilities and their financial reporting amounts at each period end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. A valuation allowance is established for deferred tax assets if, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax assets may not be realized. Any interest or penalties assessed by the taxing authorities is classified in the financial statements as income tax expense. Deferred tax assets are included in other assets on the consolidated balance sheets. Management evaluates the Company’s deferred tax asset for recoverability using a consistent approach which considers the relative impact of negative and positive evidence, including the Company’s historical profitability and projections of future taxable income. The Company is required to establish a valuation allowance for deferred tax assets and record a charge to income if management determines, based on available evidence at the time the determination is made, that it is more likely than not that some portion or all of the deferred tax assets may not be realized. The Company is subject to the provisions of ASC 740, Income Taxes Earnings Per Share Basic earnings per common share is computed using the weighted average number of common shares outstanding for the period divided into the net income available to common shareholders. Diluted earnings per share include the effect of all dilutive potential common shares for the period. Potentially dilutive common shares include stock options and warrants. Recent Accounting Pronouncements In May 2014, the FASB issued guidance codified within ASU 2014-09, “Revenue Recognition - Revenue from Contracts with Customers,” which amends the guidance in former Topic 605, Revenue Recognition In January 2016, the FASB issued guidance codified within ASU 2016-01, “Financial Instruments – Overall, Subtopic 825-10: Recognition and Measurement of Financial Assets and Financial Liabilities,” which amends certain guidance on classification and measurement of financial instruments. The update is intended to enhance the reporting model for financial instruments to provide users of financial instruments with more decision-useful information and addresses certain aspects of the recognition, measurement, presentation, and disclosure of financial instruments. ASU 2016-01 is effective for the Company for annual reporting periods beginning after December 15, 2017. The Company is currently evaluating the impact of the provisions in this standard on the Company’s consolidated financial statements. In February 2016, the FASB amended its standards with respect to the accounting for leases. The amended guidance serves to replace all current U.S. GAAP guidance on this topic and requires that an operating lease be recognized on the statement of financial condition as a “right-to-use” asset along with a corresponding liability representing the rent obligation. Key aspects of current lessor accounting remain unchanged from existing guidance. This standard is expected to result in an increase to assets and liabilities recognized and, therefore, increase risk-weighted assets for regulatory capital purposes. The guidance requires the use of the modified retrospective transition approach for existing leases that have not expired before the date of initial application and will become effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The standard is effective for the Company as of January 1, 2019. The Company is currently evaluating the impact of the amended guidance on the Company’s Consolidated Financial Statements. In March 2016, the FASB issued update guidance codified within ASU-2016-09, “Compensation – Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting,” which amends the guidance on certain aspects of share-based payments to employees. The new guidance will require entities to recognize all income tax effects of awards in the income statement when the awards vest or are settled. The guidance requires the use of the modified retrospective transition method by means of a cumulative-effect adjustment to equity as of the beginning of the period in which the guidance is adopted. The standard is effective for the Company as of January 1, 2017. The Company is currently evaluating the impact of the amended guidance on the Company’s Consolidated Financial Statements. In June of 2016, the FASB issued update guidance codified within ASU-2016-13, “Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments,” which amends the guidance for recognizing credit losses from an “incurred loss” methodology that delays recognition of credit losses until it is probable a loss has been incurred to an expected credit loss methodology. The guidance requires the use of the modified retrospective transition method by means of a cumulative-effect adjustment to equity as of the beginning of the period in which the guidance is adopted. The standard is effective for the Company as of January 1, 2020. The Company is currently evaluating the impact of the amended guidance on the Company’s Consolidated Financial Statements.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	6 Months Ended
	Jun. 30, 2016
INVESTMENT SECURITIES [Abstract]
INVESTMENT SECURITIES	2. INVESTMENT SECURITIES The amortized cost and estimated fair value of investment securities are as follows: June 30, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 7,112 $ 70 $ (33 ) $ 7,149 U.S. government agency collateralized mortgage obligations ("CMO") 16,774 77 (62 ) 16,789 Equity securities: Farmer Mac class A stock 66 4 - 70 Total $ 23,952 $ 151 $ (95 ) $ 24,008 Securities held-to-maturity U.S. government agency mortgage backed securities ("MBS") $ 6,774 $ 397 $ - $ 7,171 Total $ 6,774 $ 397 $ - $ 7,171 December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 11,257 $ 5 $ (115 ) $ 11,147 U.S. government agency CMO 12,235 54 (58 ) 12,231 Equity securities: Farmer Mac class A stock 66 - (3 ) 63 Total $ 23,558 $ 59 $ (176 ) $ 23,441 Securities held-to-maturity U.S. government agency MBS $ 7,025 $ 374 $ - $ 7,399 Total $ 7,025 $ 374 $ - $ 7,399 At June 30, 2016 and December 31, 2015, $30.8 million and $30.5 million of securities at carrying value, respectively, were pledged to the Federal Home Loan Bank (“FHLB”), as collateral for current and future advances. The maturity periods and weighted average yields of investment securities at June 30, 2016 and December 31, 2015 were as follows: June 30, 2016 Less than One Year One to Five Years Five to Ten Years Over Ten Years Total Amount Yield Amount Yield Amount Yield Amount Yield Amount Yield Securities available-for-sale (dollars in thousands) U.S. government agency notes $ 5,146 2.8 % $ - - $ 2,003 1.2 % $ - - $ 7,149 2.3 % U.S. government agency CMO - - 8,748 1.3 % 6,531 1.1 % 1,510 1.2 % 16,789 1.2 % Farmer Mac class A stock 70 Total $ 5,146 2.8 % $ 8,748 1.3 % $ 8,534 1.1 % $ 1,510 1.2 % $ 24,008 1.5 % Securities held-to-maturity U.S. government agency MBS $ - - $ 5,200 3.3 % $ 1,574 2.9 % $ - - $ 6,774 3.2 % Total $ - - $ 5,200 3.3 % $ 1,574 2.9 % $ - - $ 6,774 3.2 % December 31, 2015 Less than One Year One to Five Years Five to Ten Years Over Ten Years Total Amount Yield Amount Yield Amount Yield Amount Yield Amount Yield Securities available-for-sale (dollars in thousands) U.S. government agency notes $ 8,957 2.9 % $ - - $ 2,190 0.9 % $ - - $ 11,147 2.5 % U.S. government agency CMO - - 4,337 1.3 % 4,527 0.7 % 3,367 1.2 % 12,231 1.0 % Farmer Mac class A stock - - - - - - - - 63 - Total $ 8,957 2.9 % $ 4,337 1.3 % $ 6,717 0.8 % $ 3,367 1.2 % $ 23,441 1.7 % Securities held-to-maturity U.S. government agency MBS $ - - $ 1,746 3.6 % $ 5,279 3.1 % $ - - $ 7,025 3.2 % Total $ - - $ 1,746 3.6 % $ 5,279 3.1 % $ - - $ 7,025 3.2 % The amortized cost and fair value of investment securities by contractual maturities as of the periods presented were as shown below: June 30, December 31, 2016 2015 Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Securities available-for-sale (in thousands) Due in one year or less $ 5,076 $ 5,146 $ 9,053 $ 8,957 After one year through five years 8,715 8,748 4,335 4,337 After five years through ten years 8,540 8,534 6,713 6,717 After ten years 1,555 1,510 3,391 3,367 Farmer Mac class A stock 66 70 66 63 $ 23,952 $ 24,008 $ 23,558 $ 23,441 Securities held-to-maturity Due in one year or less $ - $ - $ - $ - After one year through five years 5,200 5,543 1,746 1,888 After five years through ten years 1,574 1,628 5,279 5,511 After ten years - - - - $ 6,774 $ 7,171 $ 7,025 $ 7,399 Actual maturities may differ from contractual maturities as borrowers or issuers have the right to prepay or call the investment securities. Changes in interest rates may also impact prepayments. The following tables show all securities that are in an unrealized loss position: June 30, 2016 Less Than Twelve Months More Than Twelve Months Total Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ - $ - $ 33 $ 2,003 $ 33 $ 2,003 U.S. government agency CMO 15 5,486 47 1,857 62 7,343 Equity securities: Farmer Mac class A stock - - - - - $ 15 $ 5,486 $ 80 $ 3,860 $ 95 $ 9,346 Securities held-to-maturity U.S. Government-agency MBS $ - $ - $ - $ - $ - $ - Total $ - $ - $ - $ - $ - $ - December 31, 2015 Less Than Twelve Months More Than Twelve Months Total Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 48 $ 7,224 $ 67 $ 1,924 $ 115 $ 9,148 U.S. government agency CMO 9 1,654 49 1,945 58 3,599 Equity securities: Farmer Mac class A stock - - 3 63 3 63 $ 57 $ 8,878 $ 119 $ 3,932 $ 176 $ 12,810 Securities held-to-maturity U.S. Government-agency MBS $ - $ - $ - $ - $ - $ - Total $ - $ - $ - $ - $ - $ - As of June 30, 2016 and December 31, 2015, there were six and nine securities, respectively, in an unrealized loss position. Declines in the fair value of held-to-maturity and available-for-sale securities below their cost that are deemed to be other-than-temporary are reflected in earnings as realized losses. In estimating other-than-temporary impairment losses, management considers, among other things (i) the length of time and the extent to which the fair value has been less than cost (ii) the financial condition and near-term prospects of the issuer and (iii) the Company’s intent to sell an impaired security and if it is not more likely than not it will be required to sell the security before the recovery of its amortized basis. The unrealized losses are primarily due to increases in market interest rates over the yields available at the time the underlying securities were purchased. The fair value is expected to recover as the bonds approach their maturity date, repricing date or if market yields for such investments decline. Management does not believe any of the securities are impaired due to reasons of credit quality. Accordingly, as of June 30, 2016 and December 31, 2015, management believes the impairments detailed in the table above are temporary and no other-than-temporary impairment loss has been realized in the Company’s consolidated income statements.

LOANS HELD FOR INVESTMENT

LOANS HELD FOR INVESTMENT	6 Months Ended
	Jun. 30, 2016
LOANS HELD FOR INVESTMENT [Abstract]
LOANS HELD FOR INVESTMENT	3. LOANS HELD FOR INVESTMENT The composition of the Company’s loans held for investment loan portfolio follows: June 30, December 31, 2016 2015 (in thousands) Manufactured housing $ 188,315 $ 177,891 Commercial real estate 207,664 179,491 Commercial 75,016 77,349 SBA 12,903 13,744 HELOC 10,803 10,934 Single family real estate 17,202 19,073 Consumer 123 123 512,026 478,605 Allowance for loan losses (7,028 ) (6,916 ) Deferred (fees) costs, net (79 ) 560 Discount on SBA loans (179 ) (191 ) Total loans held for investment, net $ 504,740 $ 472,058 The following table presents the contractual aging of the recorded investment in past due held for investment loans by class of loans: June 30, 2016 Current 30-59 Days* Past Due 60-89 Days* Past Due Over 90 Days* Past Due Total Past Due Total Recorded Investment Over 90 Days and Accruing (in thousands) Manufactured housing $ 188,080 $ 128 $ 59 $ 48 $ 235 $ 188,315 $ - Commercial real estate: Commercial real estate 157,390 - - 612 612 158,002 - SBA 504 1st trust deed 20,794 - - - - 20,794 - Land 3,673 - - - - 3,673 - Construction 25,195 - - - - 25,195 - Commercial 75,016 - - - - 75,016 - SBA 12,845 7 51 - 58 12,903 - HELOC 10,803 - - - - 10,803 - Single family real estate 17,202 - - - - 17,202 - Consumer 123 - - - - 123 - Total $ 511,121 $ 135 $ 110 $ 660 $ 905 $ 512,026 $ - * Table reports past dues based on Call Report definitions of number of payments past due. December 31, 2015 Current 30-59 Days* Past Due 60-89 Days* Past Due Over 90 Days* Past Due Total Past Due Total Recorded Investment Over 90 Days and Accruing (in thousands) Manufactured housing $ 177,480 $ - $ 372 $ 39 $ 411 $ 177,891 $ - Commercial real estate: Commercial real estate 138,004 - - 612 612 138,616 - SBA 504 1st trust deed 25,099 - - 463 463 25,562 - Land 2,895 - - - - 2,895 - Construction 12,016 - 402 - 402 12,418 - Commercial 77,305 - - 44 44 77,349 - SBA 13,743 1 - - 1 13,744 - HELOC 10,934 - - - - 10,934 - Single family real estate 19,073 - - - 19,073 - Consumer 123 - - - - 123 - Total $ 476,672 $ 1 $ 774 $ 1,158 $ 1,933 $ 478,605 $ - * Table reports past dues based on Call Report definitions of number of payments past due. Allowance for Loan Losses The following table summarizes the changes in the allowance for loan losses: Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 (in thousands) Beginning balance $ 6,819 $ 7,275 $ 6,916 $ 7,877 Charge-offs (51 ) (94 ) (62 ) (225 ) Recoveries 199 646 360 1,143 Net recoveries 148 552 298 918 Provision (credit) 61 (584 ) (186 ) (1,552 ) Ending balance $ 7,028 $ 7,243 $ 7,028 $ 7,243 As of June 30, 2016 and December 31, 2015, the Company had reserves for credit losses on undisbursed loans of $89,000 and $61,000 which were included in Other liabilities. The following tables summarize the changes in the allowance for loan losses by portfolio type: For the Three Months Ended June 30, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2016 (in thousands) Beginning balance $ 3,431 $ 1,900 $ 966 $ 376 $ 42 $ 103 $ 1 $ 6,819 Charge-offs (41 ) - - (10 ) - - - (51 ) Recoveries 1 - 53 70 6 69 - 199 Net (charge-offs) recoveries (40 ) - 53 60 6 69 - 148 Provision (credit) (1,203 ) 1,178 232 (114 ) 14 (46 ) - 61 Ending balance $ 2,188 $ 3,078 $ 1,251 $ 322 $ 62 $ 126 $ 1 $ 7,028 2015 Beginning balance $ 4,038 $ 1,577 $ 600 $ 878 $ 53 $ 125 $ 4 $ 7,275 Charge-offs (94 ) - - - - - - (94 ) Recoveries 16 507 22 98 2 1 - 646 Net (charge-offs) recoveries (78 ) 507 22 98 2 1 - 552 Provision (credit) (152 ) (305 ) 173 (290 ) (10 ) 3 (3 ) (584 ) Ending balance $ 3,808 $ 1,779 $ 795 $ 686 $ 45 $ 129 $ 1 $ 7,243 For The Six Months Ended June 30, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2016 (in thousands) Beginning balance $ 3,525 $ 1,853 $ 939 $ 451 $ 43 $ 103 $ 2 $ 6,916 Charge-offs (41 ) - - (21 ) - - - (62 ) Recoveries 5 13 80 184 8 70 - 360 Net (charge-offs) recoveries (36 ) 13 80 163 8 70 - 298 Provision (credit) (1,301 ) 1,212 232 (292 ) 11 (47 ) (1 ) (186 ) Ending balance $ 2,188 $ 3,078 $ 1,251 $ 322 $ 62 $ 126 $ 1 $ 7,028 2015 Beginning balance $ 4,032 $ 1,459 $ 986 $ 1,066 $ 140 $ 192 $ 2 $ 7,877 Charge-offs (225 ) - - - - - - (225 ) Recoveries 65 520 343 208 5 2 - 1,143 Net (charge-offs) recoveries (160 ) 520 343 208 5 2 - 918 Provision (credit) (64 ) (200 ) (534 ) (588 ) (100 ) (65 ) (1 ) (1,552 ) Ending balance $ 3,808 $ 1,779 $ 795 $ 686 $ 45 $ 129 $ 1 $ 7,243 The following tables present impairment method information related to loans and allowance for loan losses by loan portfolio segment: Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total Loans Loans Held for Investment as of June 30, 2016: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 5,464 $ 1,380 $ 3,575 $ 1,361 $ 304 $ 2,059 $ - $ 14,143 Impaired loans with no allowance recorded 3,181 701 - 1,186 237 199 - 5,504 Total loans individually evaluated for impairment 8,645 2,081 3,575 2,547 541 2,258 - 19,647 Loans collectively evaluated for impairment 179,670 205,583 71,441 10,356 10,262 14,944 123 492,379 Total loans held for investment $ 188,315 $ 207,664 $ 75,016 $ 12,903 $ 10,803 $ 17,202 $ 123 $ 512,026 Unpaid Principal Balance Impaired loans with an allowance recorded $ 5,527 $ 1,532 $ 3,575 $ 1,679 $ 316 $ 2,059 $ - $ 14,688 Impaired loans with no allowance recorded 4,848 2,035 - 1,865 249 230 - 9,227 Total loans individually evaluated for impairment 10,375 3,567 3,575 3,544 565 2,289 - 23,915 Loans collectively evaluated for impairment 179,670 205,583 71,441 10,356 10,262 14,944 123 492,379 Total loans held for investment $ 190,045 $ 209,150 $ 75,016 $ 13,900 $ 10,827 $ 17,233 $ 123 $ 516,294 Related Allowance for Credit Losses Impaired loans with an allowance recorded $ 498 $ 16 $ 168 $ 2 $ 1 $ 24 $ - $ 709 Impaired loans with no allowance recorded - - - - - - - - Total loans individually evaluated for impairment 498 16 168 2 1 24 - 709 Loans collectively evaluated for impairment 1,690 3,062 1,083 320 61 102 1 6,319 Total loans held for investment $ 2,188 $ 3,078 $ 1,251 $ 322 $ 62 $ 126 $ 1 $ 7,028 Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total Loans Loans Held for Investment as of December 31, 2015: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 4,914 $ 376 $ 2,966 $ 1,695 $ 19 $ 1,970 $ - $ 11,940 Impaired loans with no allowance recorded 3,672 2,247 44 1,052 294 282 - 7,591 Total loans individually evaluated for impairment 8,586 2,623 3,010 2,747 313 2,252 - 19,531 Loans collectively evaluated for impairment 169,305 176,868 74,339 10,997 10,621 16,821 123 459,074 Total loans held for investment $ 177,891 $ 179,491 $ 77,349 $ 13,744 $ 10,934 $ 19,073 $ 123 $ 478,605 Unpaid Principal Balance Impaired loans with an allowance recorded $ 4,964 $ 439 $ 2,966 $ 1,909 $ 19 $ 1,970 $ - $ 12,267 Impaired loans with no allowance recorded 3,975 2,734 50 1,553 309 352 - 8,973 Total loans individually evaluated for impairment 8,939 3,173 3,016 3,462 328 2,322 - 21,240 Loans collectively evaluated for impairment 169,305 176,868 74,339 10,997 10,621 16,821 123 459,074 Total loans held for investment $ 178,244 $ 180,041 $ 77,355 $ 14,459 $ 10,949 $ 19,143 $ 123 $ 480,314 Related Allowance for Credit Losses Impaired loans with an allowance recorded $ 483 $ 3 $ 45 $ 25 $ - $ 17 $ - $ 573 Impaired loans with no allowance recorded - - - - - - - - Total loans individually evaluated for impairment 483 3 45 25 - 17 - 573 Loans collectively evaluated for impairment 3,042 1,850 894 426 43 86 2 6,343 Total loans held for investment $ 3,525 $ 1,853 $ 939 $ 451 $ 43 $ 103 $ 2 $ 6,916 Included in impaired loans are $2.2 million of loans guaranteed by government agencies at June 30, 2016 and December 31, 2015, respectively. A valuation allowance is established for an impaired loan when the fair value of the loan is less than the recorded investment. In certain cases, portions of impaired loans are charged-off to realizable value instead of establishing a valuation allowance and are included, when applicable in the table below as “Impaired loans without specific valuation allowance under ASC 310.” The valuation allowance disclosed above is included in the allowance for loan losses reported in the consolidated balance sheets as of June 30, 2016 and December 31, 2015. The table below reflects recorded investment in loans classified as impaired: June 30, December 31, 2016 2015 (in thousands) Impaired loans with a specific valuation allowance under ASC 310 $ 14,143 $ 11,940 Impaired loans without a specific valuation allowance under ASC 310 5,504 7,591 Total impaired loans $ 19,647 $ 19,531 Valuation allowance related to impaired loans $ 709 $ 573 The following table summarizes impaired loans by class of loans: June 30, December 31, 2016 2015 (in thousands) Manufactured housing $ 8,645 $ 8,586 Commercial real estate 852 875 SBA 504 1st trust deed 1,229 1,748 Commercial 3,575 3,010 SBA 2,547 2,747 HELOC 541 313 Single family real estate 2,258 2,252 Total $ 19,647 $ 19,531 The following tables summarize average investment in impaired loans by class of loans and the related interest income recognized: Three Months Ended June 30, 2016 2015 Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income (in thousands) Manufactured housing $ 8,883 $ 140 $ 7,256 $ 136 Commercial real estate: Commercial real estate 883 - 1,564 - SBA 504 1st trust deed 1,753 5 1,262 25 Land - - - - Construction - - - - Commercial 3,072 57 2,804 - SBA 513 11 1,310 25 HELOC 314 3 79 - Single family real estate 2,270 28 1,471 32 Consumer - - - - Total $ 17,688 $ 244 $ 15,746 $ 218 Six Months Ended June 30, 2016 2015 Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income (in thousands) Manufactured housing $ 8,796 $ 325 $ 7,264 $ 251 Commercial real estate: Commercial real estate 872 3 1,800 - SBA 504 1st 1,576 28 1,263 34 Land - - - - Construction - - - - Commercial 3,239 99 2,901 - SBA 442 56 1,474 36 HELOC 390 7 81 - Single family real estate 2,264 57 1,200 33 Consumer - - - - Total $ 17,579 $ 575 $ 15,983 $ 354 The Company is not committed to lend additional funds on these impaired loans. The following table reflects the recorded investment in certain types of loans at the periods indicated: June 30, December 31, 2016 2015 (in thousands) Nonaccrual loans $ 5,775 $ 6,956 Government guaranteed portion of loans included above $ 1,787 $ 1,943 Troubled debt restructured loans, gross $ 14,992 $ 13,741 Loans 30 through 89 days past due with interest accruing $ 187 $ - Allowance for loan losses to gross loans held for investment 1.37 % 1.44 % The accrual of interest is discontinued when substantial doubt exists as to collectability of the loan; generally at the time the loan is 90 days delinquent. Any unpaid but accrued interest is reversed at that time. Thereafter, interest income is no longer recognized on the loan. Interest income may be recognized on impaired loans to the extent they are not past due by 90 days. Interest on nonaccrual loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all of the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Foregone interest on nonaccrual and TDR loans for the three months ended June 30, 2016 and 2015 was $0.1 million and $0.2 million, respectively. Foregone interest on nonaccrual and TDR loans for the six months ended June 30, 2016 and 2015 was $0.2 million and $0.5 million, respectively. The following table presents the composition of nonaccrual loans by class of loans: June 30, December 31, 2016 2015 (in thousands) Manufactured housing $ 1,205 $ 1,615 Commercial real estate 852 875 SBA 504 1st trust deed 966 1,481 Commercial 1 44 SBA 2,011 2,346 HELOC 541 313 Single family real estate 199 282 Consumer - - Total $ 5,775 $ 6,956 Included in nonaccrual loans are $1.8 million of loans guaranteed by government agencies at June 30, 2016 and $1.9 million at December 31, 2015. The guaranteed portion of each SBA loan is repurchased from investors when those loans become past due 120 days by either CWB or the SBA directly. After the foreclosure and collection process is complete, the principal balance of loans repurchased by CWB are reimbursed by the SBA. Although these balances do not earn interest during this period, they generally do not result in a loss of principal to CWB; therefore a repurchase reserve has not been established related to these loans. The Company utilizes an internal asset classification system as a means of reporting problem and potential problem loans. Under the Company’s risk rating system, the Company classifies problem and potential problem loans as “Special Mention,” “Substandard,” “Doubtful” and “Loss”. For a detailed discussion on these risk classifications see “Note 1 Summary of Significant Accounting Policies - Allowance for Loan Losses and Provision for Loan Losses” of this Form 10-Q. Loans that do not currently expose the Company to sufficient risk to warrant classification in one of the aforementioned categories but possess weaknesses that deserve management’s close attention are deemed to be Special Mention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or in the institution's credit position at some future date. Special Mention assets are not adversely classified and do not expose an institution to sufficient risk to warrant adverse classification. Risk ratings are updated as part of our normal loan monitoring process, at a minimum, annually. The following tables present gross loans by risk rating: June 30, 2016 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 184,950 $ - $ 3,365 $ - $ 188,315 Commercial real estate: Commercial real estate 154,721 2,429 852 - 158,002 SBA 504 1st trust deed 19,565 - 1,229 - 20,794 Land 3,673 - - - 3,673 Construction 25,195 - - - 25,195 Commercial 64,850 7,206 2,960 - 75,016 SBA 9,226 111 646 34 10,017 HELOC 10,014 - 789 - 10,803 Single family real estate 16,997 - 205 - 17,202 Consumer 123 - - - 123 Total, net 489,314 9,746 10,046 34 509,140 SBA guarantee - - 2,886 - 2,886 Total $ 489,314 $ 9,746 $ 12,932 $ 34 $ 512,026 December 31, 2015 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 173,971 $ - $ 3,920 $ - $ 177,891 Commercial real estate: Commercial real estate 131,857 2,481 4,278 - 138,616 SBA 504 1st trust deed 23,231 583 1,748 - 25,562 Land 2,895 - - - 2,895 Construction 12,418 - - - 12,418 Commercial 66,788 6,805 3,756 - 77,349 SBA 10,733 158 547 64 11,502 HELOC 10,115 - 819 - 10,934 Single family real estate 18,678 - 395 - 19,073 Consumer 123 - - - 123 Total, net 450,809 10,027 15,463 64 476,363 SBA guarantee - - 2,242 - 2,242 Total $ 450,809 $ 10,027 $ 17,705 $ 64 $ 478,605 Troubled Debt Restructured Loan (TDR) A TDR is a loan on which the bank, for reasons related to a borrower’s financial difficulties, grants a concession to the borrower that the bank would not otherwise consider. The loan terms that have been modified or restructured due to a borrower’s financial situation include, but are not limited to, a reduction in the stated interest rate, an extension of the maturity or renewal of the loan at an interest rate below current market, a reduction in the face amount of the debt, a reduction in the accrued interest, extensions, deferrals, renewals and rewrites. The majority of the bank’s modifications are extensions in terms or deferral of payments which result in no lost principal or interest followed by reductions in interest rates or accrued interest. A TDR is also considered impaired. Generally, a loan that is modified at an effective market rate of interest may no longer be disclosed as a troubled debt restructuring in years subsequent to the restructuring if it is not impaired based on the terms specified by the restructuring agreement. The following tables summarize the financial effects of TDR loans by loan class for the periods presented: For the Three Months Ended June 30, 2016 Number of Loans Pre- Modification Recorded Investment Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Extension Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing 2 $ 141 $ 141 $ 141 $ 141 $ 9 SBA 1 92 92 - 92 - HELOC 1 257 257 - 257 - Single family real estate 1 105 105 105 105 7 Commercial 2 616 616 - 616 7 Total 7 $ 1,211 $ 1,211 $ 246 $ 1,211 $ 23 For the Six Months Ended June 30, 2016 Number of Loans Pre- Modification Recorded Investment Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Extension Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing 10 $ 884 $ 884 $ 884 $ 884 $ 58 SBA 1 92 92 - 92 - HELOC 1 257 257 - 257 - Single family real estate 1 105 105 105 105 7 Commercial 3 718 718 - 718 7 Total 16 $ 2,056 $ 2,056 $ 989 $ 2,056 $ 72 For the Three Months Ended June 30, 2015 Number of Loans Pre- Modification Recorded Investment Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Extension Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing 5 $ 290 $ 280 $ 151 $ 151 $ 11 SBA 1 52 52 - 52 5 HELOC 1 54 54 54 54 - Single family real estate 1 1,917 1,917 1,917 1,917 35 Total 8 $ 2,313 $ 2,303 $ 2,122 $ 2,174 $ 51 For the Six Months Ended June 30, 2015 Number of Loans Pre- Modification Recorded Investment Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Extension Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing 8 $ 464 $ 454 $ 151 $ 307 $ 15 SBA 1 52 52 - 52 5 HELOC 1 54 54 54 54 - Single family real estate 1 1,917 1,917 1,917 1,917 35 Total 11 $ 2,487 $ 2,477 $ 2,122 $ 2,330 $ 55 The average rate concessions were 43 basis points and 69 basis points, respectively, for the three and six months ended June 30, 2016 and 72 basis points and 52 basis points for the three and six months ended June 30, 2015, respectively. The average term extension in months was 98 and 135 for the second quarter and year to date 2016, and 158 and 118 for the second quarter and year to date 2015, respectively. A TDR loan is deemed to have a payment default when the borrower fails to make two consecutive payments or the collateral is transferred to repossessed assets. The Company had no TDR’s with payment defaults for the six months ended June 30, 2016 or 2015. At June 30, 2016 there were no material loan commitments outstanding on TDR loans.

OTHER ASSETS ACQUIRED THROUGH F

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE	6 Months Ended
	Jun. 30, 2016
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE [Abstract]
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE	4. OTHER ASSETS ACQUIRED THROUGH FORECLOSURE The following table summarizes the changes in other assets acquired through foreclosure: Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 (in thousands) Balance, beginning of period $ 176 $ 320 $ 198 $ 137 Additions 51 113 165 335 Proceeds from dispositions (89 ) (182 ) (227 ) (222 ) Gains on sales, net (9 ) 16 (7 ) 17 Balance, end of period $ 129 $ 267 $ 129 $ 267

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	6 Months Ended
	Jun. 30, 2016
FAIR VALUE MEASUREMENT [Abstract]
FAIR VALUE MEASUREMENT	5. FAIR VALUE MEASUREMENT The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities. FASB ASC 820, Fair Value Measurements and Disclosures · Level 1— Observable quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. · Level 2— Observable quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, matrix pricing or model-based valuation techniques where all significant assumptions are observable, either directly or indirectly in the market. · Level 3— Model-based techniques where all significant assumptions are not observable, either directly or indirectly, in the market. These unobservable assumptions reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques may include use of discounted cash flow models and similar techniques. The availability of observable inputs varies based on the nature of the specific financial instrument. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised by the Company in determining fair value is greatest for instruments categorized in Level 3. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Fair value is a market-based measure considered from the perspective of a market participant who holds the asset or owes the liability rather than an entity-specific measure. When market assumptions are available, ASC 820 requires the Company to make assumptions regarding the assumptions that market participants would use to estimate the fair value of the financial instrument at the measurement date. FASB ASC 825, Financial Instruments Management uses its best judgment in estimating the fair value of the Company’s financial instruments; however, there are inherent limitations in any estimation technique. Therefore, for substantially all financial instruments, the fair value estimates presented herein are not necessarily indicative of the amounts the Company could have realized in a sales transaction at June 30, 2016 and December 31, 2015. The estimated fair value amounts for June 30, 2016 and December 31, 2015 have been measured as of period-end, and have not been reevaluated or updated for purposes of these consolidated financial statements subsequent to those dates. As such, the estimated fair values of these financial instruments subsequent to the reporting date may be different than the amounts reported at the period-end. This information should not be interpreted as an estimate of the fair value of the entire Company since a fair value calculation is only required for a limited portion of the Company’s assets and liabilities. Due to the wide range of valuation techniques and the degree of subjectivity used in making the estimate, comparisons between the Company’s disclosures and those of other companies or banks may not be meaningful. The following tables summarize the fair value of assets measured on a recurring basis: June 30, 2016 Fair Value Measurements at the End of the Reporting Period Using: Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Fair Value Assets: (in thousands) Investment securities available-for-sale $ 70 $ 23,938 $ - $ 24,008 Interest only strips - - 169 169 Servicing assets - - 166 166 $ 70 $ 23,938 $ 335 $ 24,343 December 31, 2015 Fair Value Measurements at the End of the Reporting Period Using: Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Fair Value Assets: (in thousands) Investment securities available-for-sale $ 63 $ 23,378 $ - $ 23,441 Interest only strips - - 226 226 Servicing assets - - 182 182 $ 63 $ 23,378 $ 408 $ 23,849 Market valuations of our investment securities which are classified as level 2 are provided by an independent third party. The fair values are determined by using several sources for valuing fixed income securities. Their techniques include pricing models that vary based on the type of asset being valued and incorporate available trade, bid and other market information. In accordance with the fair value hierarchy, the market valuation sources include observable market inputs and are therefore considered Level 2 inputs for purposes of determining the fair values. On certain SBA loan sales, the Company retained interest only strip assets (‘I/O strips”) which represent the present value of excess net cash flows generated by the difference between (a) interest at the stated rate paid by borrowers and (b) the sum of (i) pass-through interest paid to third-party investors and (ii) contractual servicing fees. I/O strips are classified as Level 3 in the fair value hierarchy. The fair value is determined on a quarterly basis through a discounted cash flow analysis prepared by an independent third party using industry prepayment speeds. I/O strip valuation adjustments are recorded as additions or offsets to loan servicing income. Historically, the Company has elected to use the amortizing method for the treatment of servicing assets and has measured for impairment on a quarterly basis through a discounted cash flow analysis prepared by an independent third party using industry prepayment speeds. In connection with the sale of certain SBA and USDA loans the Company recorded servicing assets and elected to measure those assets at fair value in accordance with ASC 825-10. Significant assumptions in the valuation of servicing assets include estimated loan repayment rates, the discount rate, and servicing costs, among others. Servicing assets are classified as Level 3 measurements due to the use of significant unobservable inputs, as well as significant management judgment and estimation. The Company also has assets that under certain conditions are subject to measurement at fair value on a non-recurring basis. These assets include loans held for sale, foreclosed real estate and repossessed assets and certain loans that are considered impaired per generally accepted accounting principles. The following summarizes the fair value measurements of assets measured on a non-recurring basis: Fair Value Measurements at the End of the Reporting Period Using Total Quoted Prices in Active Markets for Identical Assets (Level 1) Active Markets for Similar Assets (Level 2) Unobservable Inputs (Level 3) (in thousands) As of June 30, 2016: Impaired loans $ 3,453 $ - $ 3,453 $ - Foreclosed real estate and repossessed assets 129 - 129 - $ 3,582 $ - $ 3,582 $ - As of December 31, 2015: Impaired loans $ 4,545 $ - $ 4,545 $ - Foreclosed real estate and repossessed assets 198 - 198 - $ 4,743 $ - $ 4,743 $ - The Company records certain loans at fair value on a non-recurring basis. When a loan is considered impaired an allowance for a loan loss is established. The fair value measurement and disclosure requirement applies to loans measured for impairment using the practical expedients method permitted by accounting guidance for impaired loans. Impaired loans are measured at an observable market price, if available or at the fair value of the loan’s collateral, if the loan is collateral dependent. The fair value of the loan’s collateral is determined by appraisals or independent valuation. When the fair value of the loan’s collateral is based on an observable market price or current appraised value, given the current real estate markets, the appraisals may contain a wide range of values and accordingly, the Company classifies the fair value of the impaired loans as a non-recurring valuation within Level 2 of the valuation hierarchy. For loans in which impairment is determined based on the net present value of cash flows, the Company classifies these as a non-recurring valuation within Level 3 of the valuation hierarchy. Foreclosed real estate and repossessed assets are carried at the lower of book value or fair value less estimated costs to sell. Fair value is based upon independent market prices obtained from certified appraisers or the current listing price, if lower. When the fair value of the collateral is based on a current appraised value, the Company reports the fair value of the foreclosed collateral as non-recurring Level 2. When a current appraised value is not available or if management determines the fair value of the collateral is further impaired, the Company reports the foreclosed collateral as non-recurring Level 3. FAIR VALUES OF FINANCIAL INSTRUMENTS The estimated fair values of financial instruments have been determined by the Company using available market information and appropriate valuation methodologies. However, considerable judgment is required to interpret market data to develop estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts the Company could realize in a current market exchange. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. The estimated fair value of the Company’s financial instruments are as follows: June 30, 2016 Carrying Amount Fair Value Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 27,169 $ 27,169 $ - $ - $ 27,169 Interest-bearing deposits in other financial institutions 100 100 - - 100 FRB and FHLB stock 3,443 - 3,443 - 3,443 Investment securities 30,782 70 31,109 - 31,179 Loans held for sale 60,086 - 64,600 - 64,600 Loans, net 504,740 - 499,071 15,485 514,556 Financial liabilities: Deposits 565,184 - 566,200 - 566,200 Other borrowings 10,500 - 10,501 - 10,501 December 31, 2015 Carrying Amount Fair Value Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 35,519 $ 35,519 $ - $ - $ 35,519 Interest-bearing deposits in other financial institutions 99 99 - - 99 FRB and FHLB stock 3,259 - 3,259 - 3,259 Investment securities 30,466 63 30,777 - 30,840 Loans held for sale 64,488 - 69,262 - 69,262 Loans, net 472,058 - 458,726 13,679 472,405 Financial liabilities: Deposits 544,338 - 544,350 - 544,350 Other borrowings 10,500 - 10,489 - 10,489 The following methods and assumptions were used by the Company in estimating the fair value of its financial instruments: Cash and cash equivalents The carrying amounts reported in the consolidated balance sheets for cash and due from banks approximate their fair value. Money market investments The carrying amounts reported in the consolidated balance sheets for money market investments approximate their fair value . Investment securities The fair value of Farmer Mac class A stock is based on quoted market prices and are categorized as Level 1 of the fair value hierarchy. The fair value of other investment securities were determined based on matrix pricing. Matrix pricing is a mathematical technique that utilizes observable market inputs including, for example, yield curves, credit ratings and prepayment speeds. Fair values determined using matrix pricing are generally categorized as Level 2 in the fair value hierarchy. Federal Reserve Stock and Federal Home Loan Bank Stock CWB is a member of the FHLB system and maintains an investment in capital stock of the FHLB. CWB also maintain an investment in capital stock of the Federal Reserve Bank (“FRB”). These investments are carried at cost since no ready market exists for them, and they have no quoted market value. The Company conducts a periodic review and evaluation of our FHLB stock to determine if any impairment exists. The fair values have been categorized as Level 2 in the fair value hierarchy. Loans Held for Sale Loans held for sale are carried at the lower of cost or fair value. The fair value of loans held for sale is based on what secondary markets are currently offering for portfolios with similar characteristics or based on the agreed-upon sale price. As such, the Company classifies the fair value of loans held for sale as a non-recurring valuation within Level 2 of the fair value hierarchy. At June 30, 2016 and December 31 2015, the Company had loans held for sale with an aggregate carrying value of $60.1 million and $64.5 million respectively. Loans Fair value for loans is estimated based on discounted cash flows using interest rates currently being offered for loans with similar terms to borrowers with similar credit quality with adjustments that the Company believes a market participant would consider in determining fair value based on a third party independent valuation. As a result, the fair value for loans is categorized as Level 2 in the fair value hierarchy. Fair values of impaired loans using a discounted cash flow method to measure impairment have been categorized as Level 3. Deposits The amount payable at demand at report date is used to estimate the fair value of demand and savings deposits. The estimated fair values of fixed-rate time deposits are determined by discounting the cash flows of segments of deposits that have similar maturities and rates, utilizing a discount rate that approximates the prevailing rates offered to depositors as of the measurement date. The fair value measurement of deposit liabilities is categorized as Level 2 in the fair value hierarchy. Federal Home Loan Bank advances and other borrowings The fair values of the Company’s borrowings are estimated using discounted cash flow analyses, based on the market rates for similar types of borrowing arrangements. The FHLB advances have been categorized as Level 2 in the fair value hierarchy. Off-balance sheet instruments Fair values for the Company’s off-balance sheet instruments (lending commitments and standby letters of credit) are based on quoted fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standing. There were no standby letters of credit outstanding at June 30, 2016 and $0.1 million were outstanding at December 31, 2015. Unfunded loan commitments at June 30, 2016 and December 31, 2015 were $66.7 and $46.9 million, respectively.

OTHER BORROWINGS AND CONVERTIBL

OTHER BORROWINGS AND CONVERTIBLE DEBENTURES	6 Months Ended
	Jun. 30, 2016
OTHER BORROWINGS AND CONVERTIBLE DEBENTURES [Abstract]
OTHER BORROWINGS AND CONVERTIBLE DEBENTURES	6. OTHER BORROWINGS AND CONVERTIBLE DEBENTURES Federal Home Loan Bank Advances – Federal Reserve Bank – Federal Funds Purchased Lines – Line of Credit

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
	Jun. 30, 2016
STOCKHOLDERS' EQUITY [Abstract]
STOCKHOLDERS' EQUITY	7. STOCKHOLDERS’ EQUITY The following table summarizes the changes in other comprehensive income (loss) by component, net of tax for the period indicated: Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Unrealized holding gains Unrealized holding gains (in thousands) Beginning balance $ 49 $ 17 $ (68 ) $ 31 Other comprehensive income (loss) before reclassifications (16 ) (139 ) 101 (153 ) Amounts reclassified from accumulated other comprehensive income - - - - Net current-period other comprehensive income (loss) (16 ) (139 ) 101 (153 ) Ending Balance $ 33 $ (122 ) $ 33 $ (122 ) There were no reclassifications out of accumulated other comprehensive income for the three and six months ended June 30, 2016 or 2015. Common Stock During the first six months of 2016, the Company repurchased 137,783 common stock shares for an average price of $7.08 a share under the common stock repurchase program. During the three months ended June 30, 2016, the Company repurchased 30,530 common stock shares at an average price of $7.37 a share. During the three and six months ended June 30, 2016, the Company paid common stock dividends of $0.3 million and $0.5 million, respectively. During the three and six months ended June 30, 2015, the Company paid common stock dividends of $0.2 million and $0.4 million, respectively. Common Stock Warrant The Warrant issued as part of the TARP provides for the purchase of up to 521,158 shares of the common stock, at an exercise price of $4.49 per share (“Warrant Shares”). The Warrant is immediately exercisable and expires on December 19, 2018. The exercise price and the ultimate number of shares of common stock that may be issued under the Warrant are subject to certain anti-dilution adjustments, such as upon stock splits or distributions of securities or other assets to holders of the common stock, and upon certain issuances of the common stock at or below a specified price relative to the then current market price of the common stock. In the second quarter of 2013, the Treasury sold its warrant position to a private investor. Pursuant to the Securities Purchase Agreement, the private investor has agreed not to exercise voting power with respect to any Warrant Shares.

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
	Jun. 30, 2016
EARNINGS PER SHARE [Abstract]
EARNINGS PER SHARE	8. EARNINGS PER SHARE The following table presents a reconciliation of basic earnings per share and diluted earnings per share: Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 (in thousands, except per share amounts) Net income $ 1,125 $ (2,342 ) $ 2,408 $ (572 ) Less: dividends and accretion on preferred stock and discount on partial redemption - 26 - 147 Net income available to common stockholders $ 1,125 $ (2,368 ) $ 2,408 $ (719 ) Weighted average number of common shares outstanding - basic 8,098 8,204 8,134 8,204 Weighted average number of common shares outstanding - diluted 8,410 8,204 8,439 8,204 Earnings per share: Basic $ 0.14 $ (0.29 ) $ 0.30 $ (0.09 ) Diluted $ 0.13 $ (0.29 ) $ 0.29 $ (0.09 )

CAPITAL REQUIREMENT

CAPITAL REQUIREMENT	6 Months Ended
	Jun. 30, 2016
CAPITAL REQUIREMENT [Abstract]
CAPITAL REQUIREMENT	9. CAPITAL REQUIREMENT The Company and CWB are subject to various regulatory capital adequacy requirements administered by the Federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory - and possibly additional discretionary - actions by regulators that, if undertaken, could have a direct material effect on the Company’s business and financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and CWB must meet specific capital guidelines that involve quantitative measures of their assets, liabilities and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Prompt corrective action provisions are not applicable to bank holding companies. Effective January 1, 2015, CWB was subject to the “Basel III” guidelines for determining regulatory capital. These capital rules among other things introduced a minimum Common Equity Tier 1 (CET1) ratio of 4.5% and a capital conservation buffer of 2.5%. Phase-in of the capital conservation buffer requirements began on January 1, 2016. Effective March 31, 2015, CWBC met the requirements under the final rule changes to the Federal Reserve’s Small Bank Holding Company Policy Statement for institutions with $500 million to $1 billion in total consolidated assets. Under the revised policy, CWBC is no longer subject to certain consolidated regulatory financial reporting requirements and is not subject to Basel III capital rules and reporting requirements. As of June 30, 2016 and December 31, 2015, the Company and CWB met the minimum capital ratio requirements to be classified as well-capitalized, as under applicable banking regulations. The Company’s and CWB’s capital amounts and ratios as of June 30, 2016 and December 31, 2015 are presented in the table below: Total Capital Tier 1 Capital Common Equity Tier 1 Capital Risk- Weighted Assets Adjusted Average Assets Total Capital Ratio Tier 1 Risk-Based Capital Ratio Common Equity Tier 1 Ratio Tier 1 Leverage Ratio June 30, 2016 (dollars in thousands) CWB $ 73,175 $ 66,408 $ 66,408 $ 540,909 $ 630,719 13.53 % 12.28 % 12.28 % 10.53 % Well-capitalized ratios 10.00 % 8.00 % 6.50 % 5.00 % Minimum capital ratios 8.00 % 6.00 % 4.50 % 4.00 % December 31, 2015 CWB $ 70,199 $ 63,788 $ 63,788 $ 512,364 $ 614,331 13.70 % 12.45 % 12.45 % 10.38 % Well-capitalized ratios 10.00 % 8.00 % 6.50 % 5.00 % Minimum capital ratios 8.00 % 6.00 % 4.50 % 4.00 %

SUMMARY OF SIGNIFICANT ACCOUN18

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2016
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Nature of Operations	Nature of Operations Community West Bancshares (“CWBC”), incorporated under the laws of the state of California, is a bank holding company providing full service banking through its wholly-owned subsidiary Community West Bank, N.A. (“CWB” or the “Bank”). Unless indicated otherwise or unless the context suggest otherwise, these entities are referred to herein collectively and on a consolidated basis as the “Company.”
Basis of Presentation	Basis of Presentation The accounting and reporting policies of the Company are in accordance with accounting principles generally accepted in the United States (“GAAP”) and conform to practices within the financial services industry. The accounts of the Company and its consolidated subsidiary are included in these Consolidated Financial Statements. All significant intercompany balances and transactions have been eliminated.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant changes in the near term relate to the determination of the allowance for loan losses and the fair value of securities available for sale. Although Management believes these estimates to be reasonably accurate, actual amounts may differ. In the opinion of Management, all necessary adjustments have been reflected in the financial statements during their preparation.
Interim Financial Information	Interim Financial Information The accompanying unaudited consolidated financial statements as of and for the three and six months ended June 30, 2016 and 2015 have been prepared in a condensed format, and therefore do not include all of the information and footnotes required by GAAP for complete financial statements. These statements have been prepared on a basis that is substantially consistent with the accounting principles applied to our audited consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2015. The information furnished in these interim statements reflects all adjustments which are, in the opinion of management, necessary for a fair statement of the results for each respective period presented. Such adjustments are of a normal recurring nature. The results of operations in the interim statements are not necessarily indicative of the results that may be expected for any other quarter or for the full year. The interim financial information should be read in conjunction with the Company’s audited consolidated financial statements.
Reclassifications	Reclassifications Certain amounts in the consolidated financial statements as of December 31, 2015 and for the three and six months ended June 30, 2015 have been reclassified to conform to the current presentation. The reclassifications have no effect on net income, comprehensive income or stockholders’ equity as previously reported.
Loans Held for Sale	Loans Held For Sale Loans which are originated and intended for sale in the secondary market are carried at the lower of cost or estimated fair value determined on an aggregate basis. Valuation adjustments, if any, are recognized through a valuation allowance by charges to lower of cost or fair value provision. Loans held for sale are mostly comprised of SBA and commercial agriculture. In the third quarter of 2015, the Company announced its exit from originating single family residential loans for sale. The Company did not incur any lower of cost or fair value provision in the three months ended June 30, 2016 and 2015.
Loans Held for Investment and Interest and Fees from Loans	Loans Held for Investment and Interest and Fees from Loans Loans are recognized at the principal amount outstanding, net of unearned income, loan participations and amounts charged off. Unearned income includes deferred loan origination fees reduced by loan origination costs. Unearned income on loans is amortized to interest income over the life of the related loan using the level yield method. Interest income on loans is accrued daily using the effective interest method and recognized over the terms of the loans. Loan fees collected for the origination of loans less direct loan origination costs (net deferred loan fees) are amortized over the contractual life of the loan through interest income. If the loan has scheduled payments, the amortization of the net deferred loan fee is calculated using the interest method over the contractual life of the loan. If the loan does not have scheduled payments, such as a line of credit, the net deferred loan fee is recognized as interest income on a straight-line basis over the contractual life of the loan commitment. Commitment fees based on a percentage of a customer’s unused line of credit and fees related to standby letters of credit are recognized over the commitment period. When loans are repaid, any remaining unamortized balances of unearned fees, deferred fees and costs and premiums and discounts paid on purchased loans are accounted for through interest income. Nonaccrual loans: For all loan types, when a loan is placed on nonaccrual status, all interest accrued but uncollected is reversed against interest income in the period in which the status is changed. Subsequent payments received from the customer are applied to principal and no further interest income is recognized until the principal has been paid in full or until circumstances have changed such that payments are again consistently received as contractually required. The Company occasionally recognizes income on a cash basis for non-accrual loans in which the collection of the remaining principal balance is not in doubt. Impaired loans: Troubled debt restructured loan (“TDR”): Generally, a loan that is modified at an effective market rate of interest may no longer be disclosed as a troubled debt restructuring in years subsequent to the restructuring if it is not impaired based on the terms specified by the restructuring agreement.
Allowance for Loan Losses and Provision for Loan Losses	Allowance for Loan Losses and Provision for Loan Losses The Company maintains a detailed, systematic analysis and procedural discipline to determine the amount of the allowance for loan losses (“ALL”). The ALL is based on estimates and is intended to be appropriate to provide for probable losses inherent in the loan portfolio. This process involves deriving probable loss estimates that are based on migration analysis and historical loss rates, in addition to qualitative factors that are based on management’s judgment. The migration analysis and historical loss rate calculations are based on the annualized loss rates utilizing a twelve-quarter loss history. Migration analysis is utilized for the Commercial Real Estate (“CRE”), Commercial, Commercial Agriculture, Small Business Administration (“SBA”), Home Equity Line of Credit (“HELOC”), Single Family Residential, and Consumer portfolios. The historical loss rate method is utilized primarily for the Manufactured Housing portfolio. The migration analysis takes into account the risk rating of loans that are charged off in each loan category. Loans that are considered Doubtful are typically charged off. The following is a description of the characteristics of loan ratings. Loan ratings are reviewed as part of our normal loan monitoring process, but, at a minimum, updated on an annual basis. Outstanding – Good – Pass - Watch – Special Mention - Substandard - Doubtful - Loss - The Company’s ALL is maintained at a level believed appropriate by management to absorb known and inherent probable losses on existing loans. The allowance is charged for losses when management believes that full recovery on the loan is unlikely. The following is the Company’s policy regarding charging off loans. Commercial, CRE and SBA Loans Charge-offs on these loan categories are taken as soon as all or a portion of any loan balance is deemed to be uncollectible. A loan is considered impaired when, based on current information, it is probable that the Company will be unable to collect the scheduled payments of principal and/or interest under the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and/or interest payments. Loans that experience insignificant payment delays or payment shortfalls generally are not classified as impaired. Generally, loan balances are charged-down to the fair value of the collateral, if, based on a current assessment of the value, an apparent deficiency exists. In the event there is no perceived equity, the loan is charged-off in full. Unsecured loans which are delinquent over 90 days are also charged-off in full. Single Family Real Estate, HELOC’s and Manufactured Housing Loans Consumer loans and residential mortgages secured by one-to-four family residential properties, HELOC and manufactured housing loans in which principal or interest is due and unpaid for 90 days, are evaluated for impairment. Loan balances are charged-off to the fair value of the property, less estimated selling costs, if, based on a current appraisal, an apparent deficiency exists. In the event there is no perceived equity, the loan is generally fully charged-off. Consumer Loans All consumer loans (excluding real estate mortgages, HELOCs and savings secured loans) are charged-off or charged-down to net recoverable value before becoming 120 days or five payments delinquent. The ALL calculation for the different loan portfolios is as follows: · Commercial Real Estate, Commercial, Commercial Agriculture, SBA, HELOC, Single Family Residential, and Consumer – Migration analysis combined with risk rating is used to determine the required ALL for all non-impaired loans. In addition, the migration results are adjusted based upon qualitative factors that affect this specific portfolio category. Reserves on impaired loans are determined based upon the individual characteristics of the loan. · Manufactured Housing – The ALL is calculated on the basis of loss history and risk rating, which is primarily a function of delinquency. In addition, the loss results are adjusted based upon qualitative factors that affect this specific portfolio. The Company evaluates and individually assesses for impairment loans classified as substandard or doubtful in addition to loans either on nonaccrual, considered a TDR or when other conditions exist which lead management to review for possible impairment. Measurement of impairment on impaired loans is determined on a loan-by-loan basis and in total establishes a specific reserve for impaired loans. The amount of impairment is determined by comparing the recorded investment in each loan with its value measured by one of three methods: · The expected future cash flows are estimated and then discounted at the effective interest rate. · The value of the underlying collateral net of selling costs. Selling costs are estimated based on industry standards, the Company’s actual experience or actual costs incurred as appropriate. When evaluating real estate collateral, the Company typically uses appraisals or valuations, no more than twelve months old at time of evaluation. When evaluating non-real estate collateral securing the loan, the Company will use audited financial statements or appraisals no more than twelve months old at time of evaluation. Additionally, for both real estate and non-real estate collateral, the Company may use other sources to determine value as deemed appropriate. · The loan’s observable market price. Interest income is not recognized on impaired loans except for limited circumstances in which a loan, although impaired, continues to perform in accordance with the loan contract and the borrower provides financial information to support maintaining the loan on accrual. The Company determines the appropriate ALL on a monthly basis. Any differences between estimated and actual observed losses from the prior month are reflected in the current period in determining the appropriate ALL determination and adjusted as deemed necessary. The review of the appropriateness of the allowance takes into consideration such factors as concentrations of credit, changes in the growth, size and composition of the loan portfolio, overall and individual portfolio quality, review of specific problem loans, collateral, guarantees and economic and environmental conditions that may affect the borrowers' ability to pay and/or the value of the underlying collateral. Additional factors considered include: geographic location of borrowers, changes in the Company’s product-specific credit policy and lending staff experience. These estimates depend on the outcome of future events and, therefore, contain inherent uncertainties. Another component of the ALL considers qualitative factors related to non-impaired loans. The qualitative portion of the allowance on each of the loan pools is based on the following factors: · Concentrations of credit · International risk · Trends in volume, maturity, and composition · Volume and trend in delinquency · Economic conditions · Outside exams · Geographic distance · Policy and changes · Staff experience and ability
Off Balance Sheet and Credit Exposure	Off Balance Sheet and Credit Exposure In the ordinary course of business, the Company has entered into off-balance sheet financial instruments consisting of commitments to extend credit and standby letters of credit. Such financial instruments are recorded in the consolidated financial statements when they are funded. They involve, to varying degrees, elements of credit risk in excess of amounts recognized in the consolidated balance sheets. Losses would be experienced when the Company is contractually obligated to make a payment under these instruments and must seek repayment from the borrower, which may not be as financially sound in the current period as they were when the commitment was originally made. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. The Company enters into credit arrangements that generally provide for the termination of advances in the event of a covenant violation or other event of default. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the party. The commitments are collateralized by the same types of assets used as loan collateral. As with outstanding loans, the Company applies qualitative factors and utilization rates to its off-balance sheet obligations in determining an estimate of losses inherent in these contractual obligations. The estimate for loan losses on off-balance sheet instruments is included within other liabilities and the charge to income that establishes this liability is included in non-interest expense.
Foreclosed Real Estate and Repossessed Assets	Foreclosed Real Estate and Repossessed Assets Foreclosed real estate and other repossessed assets are recorded at fair value at the time of foreclosure less estimated costs to sell. Any excess of loan balance over the fair value less estimated costs to sell of the other assets is charged-off against the allowance for loan losses. Any excess of the fair value less estimated costs to sell over the loan balance is recorded as a loan loss recovery to the extent of the loan loss previously charged-off against the allowance for loan losses; and, if greater, recorded as a gain on foreclosed assets. Subsequent to the legal ownership date, the Company periodically performs a new valuation and the asset is carried at the lower of carrying amount or fair value less estimated costs to sell. Operating expenses or income, and gains or losses on disposition of such properties, are recorded in current operations.
Income Taxes	Income Taxes The Company uses the asset and liability method, which recognizes an asset or liability representing the tax effects of future deductible or taxable amounts that have been recognized in the consolidated financial statements. Due to tax regulations, certain items of income and expense are recognized in different periods for tax return purposes than for financial statement reporting. These items represent “temporary differences.” Deferred income taxes are recognized for the tax effect of temporary differences between the tax basis of assets and liabilities and their financial reporting amounts at each period end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. A valuation allowance is established for deferred tax assets if, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax assets may not be realized. Any interest or penalties assessed by the taxing authorities is classified in the financial statements as income tax expense. Deferred tax assets are included in other assets on the consolidated balance sheets. Management evaluates the Company’s deferred tax asset for recoverability using a consistent approach which considers the relative impact of negative and positive evidence, including the Company’s historical profitability and projections of future taxable income. The Company is required to establish a valuation allowance for deferred tax assets and record a charge to income if management determines, based on available evidence at the time the determination is made, that it is more likely than not that some portion or all of the deferred tax assets may not be realized. The Company is subject to the provisions of ASC 740, Income Taxes
Earnings Per Share	Earnings Per Share Basic earnings per common share is computed using the weighted average number of common shares outstanding for the period divided into the net income available to common shareholders. Diluted earnings per share include the effect of all dilutive potential common shares for the period. Potentially dilutive common shares include stock options and warrants.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the FASB issued guidance codified within ASU 2014-09, “Revenue Recognition - Revenue from Contracts with Customers,” which amends the guidance in former Topic 605, Revenue Recognition In January 2016, the FASB issued guidance codified within ASU 2016-01, “Financial Instruments – Overall, Subtopic 825-10: Recognition and Measurement of Financial Assets and Financial Liabilities,” which amends certain guidance on classification and measurement of financial instruments. The update is intended to enhance the reporting model for financial instruments to provide users of financial instruments with more decision-useful information and addresses certain aspects of the recognition, measurement, presentation, and disclosure of financial instruments. ASU 2016-01 is effective for the Company for annual reporting periods beginning after December 15, 2017. The Company is currently evaluating the impact of the provisions in this standard on the Company’s consolidated financial statements. In February 2016, the FASB amended its standards with respect to the accounting for leases. The amended guidance serves to replace all current U.S. GAAP guidance on this topic and requires that an operating lease be recognized on the statement of financial condition as a “right-to-use” asset along with a corresponding liability representing the rent obligation. Key aspects of current lessor accounting remain unchanged from existing guidance. This standard is expected to result in an increase to assets and liabilities recognized and, therefore, increase risk-weighted assets for regulatory capital purposes. The guidance requires the use of the modified retrospective transition approach for existing leases that have not expired before the date of initial application and will become effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The standard is effective for the Company as of January 1, 2019. The Company is currently evaluating the impact of the amended guidance on the Company’s Consolidated Financial Statements. In March 2016, the FASB issued update guidance codified within ASU-2016-09, “Compensation – Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting,” which amends the guidance on certain aspects of share-based payments to employees. The new guidance will require entities to recognize all income tax effects of awards in the income statement when the awards vest or are settled. The guidance requires the use of the modified retrospective transition method by means of a cumulative-effect adjustment to equity as of the beginning of the period in which the guidance is adopted. The standard is effective for the Company as of January 1, 2017. The Company is currently evaluating the impact of the amended guidance on the Company’s Consolidated Financial Statements. In June of 2016, the FASB issued update guidance codified within ASU-2016-13, “Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments,” which amends the guidance for recognizing credit losses from an “incurred loss” methodology that delays recognition of credit losses until it is probable a loss has been incurred to an expected credit loss methodology. The guidance requires the use of the modified retrospective transition method by means of a cumulative-effect adjustment to equity as of the beginning of the period in which the guidance is adopted. The standard is effective for the Company as of January 1, 2020. The Company is currently evaluating the impact of the amended guidance on the Company’s Consolidated Financial Statements.

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2016
INVESTMENT SECURITIES [Abstract]
Amortized Cost and Estimated Fair Value of Investment Securities	The amortized cost and estimated fair value of investment securities are as follows: June 30, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 7,112 $ 70 $ (33 ) $ 7,149 U.S. government agency collateralized mortgage obligations ("CMO") 16,774 77 (62 ) 16,789 Equity securities: Farmer Mac class A stock 66 4 - 70 Total $ 23,952 $ 151 $ (95 ) $ 24,008 Securities held-to-maturity U.S. government agency mortgage backed securities ("MBS") $ 6,774 $ 397 $ - $ 7,171 Total $ 6,774 $ 397 $ - $ 7,171 December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 11,257 $ 5 $ (115 ) $ 11,147 U.S. government agency CMO 12,235 54 (58 ) 12,231 Equity securities: Farmer Mac class A stock 66 - (3 ) 63 Total $ 23,558 $ 59 $ (176 ) $ 23,441 Securities held-to-maturity U.S. government agency MBS $ 7,025 $ 374 $ - $ 7,399 Total $ 7,025 $ 374 $ - $ 7,399
Maturity Periods and Weighted Average Yields of Investment Securities	The maturity periods and weighted average yields of investment securities at June 30, 2016 and December 31, 2015 were as follows: June 30, 2016 Less than One Year One to Five Years Five to Ten Years Over Ten Years Total Amount Yield Amount Yield Amount Yield Amount Yield Amount Yield Securities available-for-sale (dollars in thousands) U.S. government agency notes $ 5,146 2.8 % $ - - $ 2,003 1.2 % $ - - $ 7,149 2.3 % U.S. government agency CMO - - 8,748 1.3 % 6,531 1.1 % 1,510 1.2 % 16,789 1.2 % Farmer Mac class A stock 70 Total $ 5,146 2.8 % $ 8,748 1.3 % $ 8,534 1.1 % $ 1,510 1.2 % $ 24,008 1.5 % Securities held-to-maturity U.S. government agency MBS $ - - $ 5,200 3.3 % $ 1,574 2.9 % $ - - $ 6,774 3.2 % Total $ - - $ 5,200 3.3 % $ 1,574 2.9 % $ - - $ 6,774 3.2 % December 31, 2015 Less than One Year One to Five Years Five to Ten Years Over Ten Years Total Amount Yield Amount Yield Amount Yield Amount Yield Amount Yield Securities available-for-sale (dollars in thousands) U.S. government agency notes $ 8,957 2.9 % $ - - $ 2,190 0.9 % $ - - $ 11,147 2.5 % U.S. government agency CMO - - 4,337 1.3 % 4,527 0.7 % 3,367 1.2 % 12,231 1.0 % Farmer Mac class A stock - - - - - - - - 63 - Total $ 8,957 2.9 % $ 4,337 1.3 % $ 6,717 0.8 % $ 3,367 1.2 % $ 23,441 1.7 % Securities held-to-maturity U.S. government agency MBS $ - - $ 1,746 3.6 % $ 5,279 3.1 % $ - - $ 7,025 3.2 % Total $ - - $ 1,746 3.6 % $ 5,279 3.1 % $ - - $ 7,025 3.2 %
Amortized Cost and Fair Value of Investment Securities by Contractual Maturities	The amortized cost and fair value of investment securities by contractual maturities as of the periods presented were as shown below: June 30, December 31, 2016 2015 Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Securities available-for-sale (in thousands) Due in one year or less $ 5,076 $ 5,146 $ 9,053 $ 8,957 After one year through five years 8,715 8,748 4,335 4,337 After five years through ten years 8,540 8,534 6,713 6,717 After ten years 1,555 1,510 3,391 3,367 Farmer Mac class A stock 66 70 66 63 $ 23,952 $ 24,008 $ 23,558 $ 23,441 Securities held-to-maturity Due in one year or less $ - $ - $ - $ - After one year through five years 5,200 5,543 1,746 1,888 After five years through ten years 1,574 1,628 5,279 5,511 After ten years - - - - $ 6,774 $ 7,171 $ 7,025 $ 7,399
Fair Value and Unrealized Losses of Securities in Unrealized Loss Position	The following tables show all securities that are in an unrealized loss position: June 30, 2016 Less Than Twelve Months More Than Twelve Months Total Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ - $ - $ 33 $ 2,003 $ 33 $ 2,003 U.S. government agency CMO 15 5,486 47 1,857 62 7,343 Equity securities: Farmer Mac class A stock - - - - - $ 15 $ 5,486 $ 80 $ 3,860 $ 95 $ 9,346 Securities held-to-maturity U.S. Government-agency MBS $ - $ - $ - $ - $ - $ - Total $ - $ - $ - $ - $ - $ - December 31, 2015 Less Than Twelve Months More Than Twelve Months Total Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 48 $ 7,224 $ 67 $ 1,924 $ 115 $ 9,148 U.S. government agency CMO 9 1,654 49 1,945 58 3,599 Equity securities: Farmer Mac class A stock - - 3 63 3 63 $ 57 $ 8,878 $ 119 $ 3,932 $ 176 $ 12,810 Securities held-to-maturity U.S. Government-agency MBS $ - $ - $ - $ - $ - $ - Total $ - $ - $ - $ - $ - $ -

LOANS HELD FOR INVESTMENT (Tabl

LOANS HELD FOR INVESTMENT (Tables)	6 Months Ended
	Jun. 30, 2016
LOANS HELD FOR INVESTMENT [Abstract]
Composition of Loans Held for Investment Loan Portfolio	The composition of the Company’s loans held for investment loan portfolio follows: June 30, December 31, 2016 2015 (in thousands) Manufactured housing $ 188,315 $ 177,891 Commercial real estate 207,664 179,491 Commercial 75,016 77,349 SBA 12,903 13,744 HELOC 10,803 10,934 Single family real estate 17,202 19,073 Consumer 123 123 512,026 478,605 Allowance for loan losses (7,028 ) (6,916 ) Deferred (fees) costs, net (79 ) 560 Discount on SBA loans (179 ) (191 ) Total loans held for investment, net $ 504,740 $ 472,058
Contractual Aging of Recorded Investment in Past Due Held for Investment Loans by Class of Loans	The following table presents the contractual aging of the recorded investment in past due held for investment loans by class of loans: June 30, 2016 Current 30-59 Days* Past Due 60-89 Days* Past Due Over 90 Days* Past Due Total Past Due Total Recorded Investment Over 90 Days and Accruing (in thousands) Manufactured housing $ 188,080 $ 128 $ 59 $ 48 $ 235 $ 188,315 $ - Commercial real estate: Commercial real estate 157,390 - - 612 612 158,002 - SBA 504 1st trust deed 20,794 - - - - 20,794 - Land 3,673 - - - - 3,673 - Construction 25,195 - - - - 25,195 - Commercial 75,016 - - - - 75,016 - SBA 12,845 7 51 - 58 12,903 - HELOC 10,803 - - - - 10,803 - Single family real estate 17,202 - - - - 17,202 - Consumer 123 - - - - 123 - Total $ 511,121 $ 135 $ 110 $ 660 $ 905 $ 512,026 $ - * Table reports past dues based on Call Report definitions of number of payments past due. December 31, 2015 Current 30-59 Days* Past Due 60-89 Days* Past Due Over 90 Days* Past Due Total Past Due Total Recorded Investment Over 90 Days and Accruing (in thousands) Manufactured housing $ 177,480 $ - $ 372 $ 39 $ 411 $ 177,891 $ - Commercial real estate: Commercial real estate 138,004 - - 612 612 138,616 - SBA 504 1st trust deed 25,099 - - 463 463 25,562 - Land 2,895 - - - - 2,895 - Construction 12,016 - 402 - 402 12,418 - Commercial 77,305 - - 44 44 77,349 - SBA 13,743 1 - - 1 13,744 - HELOC 10,934 - - - - 10,934 - Single family real estate 19,073 - - - 19,073 - Consumer 123 - - - - 123 - Total $ 476,672 $ 1 $ 774 $ 1,158 $ 1,933 $ 478,605 $ - * Table reports past dues based on Call Report definitions of number of payments past due.
Analysis of Allowance for Loan Losses for Loans Held for Investment	The following table summarizes the changes in the allowance for loan losses: Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 (in thousands) Beginning balance $ 6,819 $ 7,275 $ 6,916 $ 7,877 Charge-offs (51 ) (94 ) (62 ) (225 ) Recoveries 199 646 360 1,143 Net recoveries 148 552 298 918 Provision (credit) 61 (584 ) (186 ) (1,552 ) Ending balance $ 7,028 $ 7,243 $ 7,028 $ 7,243 The following tables summarize the changes in the allowance for loan losses by portfolio type: For the Three Months Ended June 30, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2016 (in thousands) Beginning balance $ 3,431 $ 1,900 $ 966 $ 376 $ 42 $ 103 $ 1 $ 6,819 Charge-offs (41 ) - - (10 ) - - - (51 ) Recoveries 1 - 53 70 6 69 - 199 Net (charge-offs) recoveries (40 ) - 53 60 6 69 - 148 Provision (credit) (1,203 ) 1,178 232 (114 ) 14 (46 ) - 61 Ending balance $ 2,188 $ 3,078 $ 1,251 $ 322 $ 62 $ 126 $ 1 $ 7,028 2015 Beginning balance $ 4,038 $ 1,577 $ 600 $ 878 $ 53 $ 125 $ 4 $ 7,275 Charge-offs (94 ) - - - - - - (94 ) Recoveries 16 507 22 98 2 1 - 646 Net (charge-offs) recoveries (78 ) 507 22 98 2 1 - 552 Provision (credit) (152 ) (305 ) 173 (290 ) (10 ) 3 (3 ) (584 ) Ending balance $ 3,808 $ 1,779 $ 795 $ 686 $ 45 $ 129 $ 1 $ 7,243 For The Six Months Ended June 30, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2016 (in thousands) Beginning balance $ 3,525 $ 1,853 $ 939 $ 451 $ 43 $ 103 $ 2 $ 6,916 Charge-offs (41 ) - - (21 ) - - - (62 ) Recoveries 5 13 80 184 8 70 - 360 Net (charge-offs) recoveries (36 ) 13 80 163 8 70 - 298 Provision (credit) (1,301 ) 1,212 232 (292 ) 11 (47 ) (1 ) (186 ) Ending balance $ 2,188 $ 3,078 $ 1,251 $ 322 $ 62 $ 126 $ 1 $ 7,028 2015 Beginning balance $ 4,032 $ 1,459 $ 986 $ 1,066 $ 140 $ 192 $ 2 $ 7,877 Charge-offs (225 ) - - - - - - (225 ) Recoveries 65 520 343 208 5 2 - 1,143 Net (charge-offs) recoveries (160 ) 520 343 208 5 2 - 918 Provision (credit) (64 ) (200 ) (534 ) (588 ) (100 ) (65 ) (1 ) (1,552 ) Ending balance $ 3,808 $ 1,779 $ 795 $ 686 $ 45 $ 129 $ 1 $ 7,243
Impairment Method Information Related to Loans and Allowance for Loan Losses by Loan Portfolio Segment	The following tables present impairment method information related to loans and allowance for loan losses by loan portfolio segment: Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total Loans Loans Held for Investment as of June 30, 2016: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 5,464 $ 1,380 $ 3,575 $ 1,361 $ 304 $ 2,059 $ - $ 14,143 Impaired loans with no allowance recorded 3,181 701 - 1,186 237 199 - 5,504 Total loans individually evaluated for impairment 8,645 2,081 3,575 2,547 541 2,258 - 19,647 Loans collectively evaluated for impairment 179,670 205,583 71,441 10,356 10,262 14,944 123 492,379 Total loans held for investment $ 188,315 $ 207,664 $ 75,016 $ 12,903 $ 10,803 $ 17,202 $ 123 $ 512,026 Unpaid Principal Balance Impaired loans with an allowance recorded $ 5,527 $ 1,532 $ 3,575 $ 1,679 $ 316 $ 2,059 $ - $ 14,688 Impaired loans with no allowance recorded 4,848 2,035 - 1,865 249 230 - 9,227 Total loans individually evaluated for impairment 10,375 3,567 3,575 3,544 565 2,289 - 23,915 Loans collectively evaluated for impairment 179,670 205,583 71,441 10,356 10,262 14,944 123 492,379 Total loans held for investment $ 190,045 $ 209,150 $ 75,016 $ 13,900 $ 10,827 $ 17,233 $ 123 $ 516,294 Related Allowance for Credit Losses Impaired loans with an allowance recorded $ 498 $ 16 $ 168 $ 2 $ 1 $ 24 $ - $ 709 Impaired loans with no allowance recorded - - - - - - - - Total loans individually evaluated for impairment 498 16 168 2 1 24 - 709 Loans collectively evaluated for impairment 1,690 3,062 1,083 320 61 102 1 6,319 Total loans held for investment $ 2,188 $ 3,078 $ 1,251 $ 322 $ 62 $ 126 $ 1 $ 7,028 Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total Loans Loans Held for Investment as of December 31, 2015: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 4,914 $ 376 $ 2,966 $ 1,695 $ 19 $ 1,970 $ - $ 11,940 Impaired loans with no allowance recorded 3,672 2,247 44 1,052 294 282 - 7,591 Total loans individually evaluated for impairment 8,586 2,623 3,010 2,747 313 2,252 - 19,531 Loans collectively evaluated for impairment 169,305 176,868 74,339 10,997 10,621 16,821 123 459,074 Total loans held for investment $ 177,891 $ 179,491 $ 77,349 $ 13,744 $ 10,934 $ 19,073 $ 123 $ 478,605 Unpaid Principal Balance Impaired loans with an allowance recorded $ 4,964 $ 439 $ 2,966 $ 1,909 $ 19 $ 1,970 $ - $ 12,267 Impaired loans with no allowance recorded 3,975 2,734 50 1,553 309 352 - 8,973 Total loans individually evaluated for impairment 8,939 3,173 3,016 3,462 328 2,322 - 21,240 Loans collectively evaluated for impairment 169,305 176,868 74,339 10,997 10,621 16,821 123 459,074 Total loans held for investment $ 178,244 $ 180,041 $ 77,355 $ 14,459 $ 10,949 $ 19,143 $ 123 $ 480,314 Related Allowance for Credit Losses Impaired loans with an allowance recorded $ 483 $ 3 $ 45 $ 25 $ - $ 17 $ - $ 573 Impaired loans with no allowance recorded - - - - - - - - Total loans individually evaluated for impairment 483 3 45 25 - 17 - 573 Loans collectively evaluated for impairment 3,042 1,850 894 426 43 86 2 6,343 Total loans held for investment $ 3,525 $ 1,853 $ 939 $ 451 $ 43 $ 103 $ 2 $ 6,916
Recorded Investment in Loans Classified as Impaired	The table below reflects recorded investment in loans classified as impaired: June 30, December 31, 2016 2015 (in thousands) Impaired loans with a specific valuation allowance under ASC 310 $ 14,143 $ 11,940 Impaired loans without a specific valuation allowance under ASC 310 5,504 7,591 Total impaired loans $ 19,647 $ 19,531 Valuation allowance related to impaired loans $ 709 $ 573
Summary of Impaired Loans by Class of Loans	The following table summarizes impaired loans by class of loans: June 30, December 31, 2016 2015 (in thousands) Manufactured housing $ 8,645 $ 8,586 Commercial real estate 852 875 SBA 504 1st trust deed 1,229 1,748 Commercial 3,575 3,010 SBA 2,547 2,747 HELOC 541 313 Single family real estate 2,258 2,252 Total $ 19,647 $ 19,531
Summary of Average Investment in Impaired Loans by Class and Related Interest Income Recognized	The following tables summarize average investment in impaired loans by class of loans and the related interest income recognized: Three Months Ended June 30, 2016 2015 Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income (in thousands) Manufactured housing $ 8,883 $ 140 $ 7,256 $ 136 Commercial real estate: Commercial real estate 883 - 1,564 - SBA 504 1st trust deed 1,753 5 1,262 25 Land - - - - Construction - - - - Commercial 3,072 57 2,804 - SBA 513 11 1,310 25 HELOC 314 3 79 - Single family real estate 2,270 28 1,471 32 Consumer - - - - Total $ 17,688 $ 244 $ 15,746 $ 218 Six Months Ended June 30, 2016 2015 Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income (in thousands) Manufactured housing $ 8,796 $ 325 $ 7,264 $ 251 Commercial real estate: Commercial real estate 872 3 1,800 - SBA 504 1st 1,576 28 1,263 34 Land - - - - Construction - - - - Commercial 3,239 99 2,901 - SBA 442 56 1,474 36 HELOC 390 7 81 - Single family real estate 2,264 57 1,200 33 Consumer - - - - Total $ 17,579 $ 575 $ 15,983 $ 354
Schedule of Recorded Investment in Certain Types of Loans	The following table reflects the recorded investment in certain types of loans at the periods indicated: June 30, December 31, 2016 2015 (in thousands) Nonaccrual loans $ 5,775 $ 6,956 Government guaranteed portion of loans included above $ 1,787 $ 1,943 Troubled debt restructured loans, gross $ 14,992 $ 13,741 Loans 30 through 89 days past due with interest accruing $ 187 $ - Allowance for loan losses to gross loans held for investment 1.37 % 1.44 %
Composition of Net Nonaccrual Loans	The following table presents the composition of nonaccrual loans by class of loans: June 30, December 31, 2016 2015 (in thousands) Manufactured housing $ 1,205 $ 1,615 Commercial real estate 852 875 SBA 504 1st trust deed 966 1,481 Commercial 1 44 SBA 2,011 2,346 HELOC 541 313 Single family real estate 199 282 Consumer - - Total $ 5,775 $ 6,956
Schedule of Gross Loans by Risk Rating	The following tables present gross loans by risk rating: June 30, 2016 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 184,950 $ - $ 3,365 $ - $ 188,315 Commercial real estate: Commercial real estate 154,721 2,429 852 - 158,002 SBA 504 1st trust deed 19,565 - 1,229 - 20,794 Land 3,673 - - - 3,673 Construction 25,195 - - - 25,195 Commercial 64,850 7,206 2,960 - 75,016 SBA 9,226 111 646 34 10,017 HELOC 10,014 - 789 - 10,803 Single family real estate 16,997 - 205 - 17,202 Consumer 123 - - - 123 Total, net 489,314 9,746 10,046 34 509,140 SBA guarantee - - 2,886 - 2,886 Total $ 489,314 $ 9,746 $ 12,932 $ 34 $ 512,026 December 31, 2015 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 173,971 $ - $ 3,920 $ - $ 177,891 Commercial real estate: Commercial real estate 131,857 2,481 4,278 - 138,616 SBA 504 1st trust deed 23,231 583 1,748 - 25,562 Land 2,895 - - - 2,895 Construction 12,418 - - - 12,418 Commercial 66,788 6,805 3,756 - 77,349 SBA 10,733 158 547 64 11,502 HELOC 10,115 - 819 - 10,934 Single family real estate 18,678 - 395 - 19,073 Consumer 123 - - - 123 Total, net 450,809 10,027 15,463 64 476,363 SBA guarantee - - 2,242 - 2,242 Total $ 450,809 $ 10,027 $ 17,705 $ 64 $ 478,605
Troubled Debt Restructurings	The following tables summarize the financial effects of TDR loans by loan class for the periods presented: For the Three Months Ended June 30, 2016 Number of Loans Pre- Modification Recorded Investment Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Extension Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing 2 $ 141 $ 141 $ 141 $ 141 $ 9 SBA 1 92 92 - 92 - HELOC 1 257 257 - 257 - Single family real estate 1 105 105 105 105 7 Commercial 2 616 616 - 616 7 Total 7 $ 1,211 $ 1,211 $ 246 $ 1,211 $ 23 For the Six Months Ended June 30, 2016 Number of Loans Pre- Modification Recorded Investment Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Extension Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing 10 $ 884 $ 884 $ 884 $ 884 $ 58 SBA 1 92 92 - 92 - HELOC 1 257 257 - 257 - Single family real estate 1 105 105 105 105 7 Commercial 3 718 718 - 718 7 Total 16 $ 2,056 $ 2,056 $ 989 $ 2,056 $ 72 For the Three Months Ended June 30, 2015 Number of Loans Pre- Modification Recorded Investment Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Extension Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing 5 $ 290 $ 280 $ 151 $ 151 $ 11 SBA 1 52 52 - 52 5 HELOC 1 54 54 54 54 - Single family real estate 1 1,917 1,917 1,917 1,917 35 Total 8 $ 2,313 $ 2,303 $ 2,122 $ 2,174 $ 51 For the Six Months Ended June 30, 2015 Number of Loans Pre- Modification Recorded Investment Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Extension Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing 8 $ 464 $ 454 $ 151 $ 307 $ 15 SBA 1 52 52 - 52 5 HELOC 1 54 54 54 54 - Single family real estate 1 1,917 1,917 1,917 1,917 35 Total 11 $ 2,487 $ 2,477 $ 2,122 $ 2,330 $ 55

OTHER ASSETS ACQUIRED THROUGH21

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE (Tables)	6 Months Ended
	Jun. 30, 2016
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE [Abstract]
Other Assets Acquired through Foreclosure	The following table summarizes the changes in other assets acquired through foreclosure: Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 (in thousands) Balance, beginning of period $ 176 $ 320 $ 198 $ 137 Additions 51 113 165 335 Proceeds from dispositions (89 ) (182 ) (227 ) (222 ) Gains on sales, net (9 ) 16 (7 ) 17 Balance, end of period $ 129 $ 267 $ 129 $ 267

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	6 Months Ended
	Jun. 30, 2016
FAIR VALUE MEASUREMENT [Abstract]
Summary of Fair Value Measurements of Assets Measured on a Recurring Basis	The following tables summarize the fair value of assets measured on a recurring basis: June 30, 2016 Fair Value Measurements at the End of the Reporting Period Using: Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Fair Value Assets: (in thousands) Investment securities available-for-sale $ 70 $ 23,938 $ - $ 24,008 Interest only strips - - 169 169 Servicing assets - - 166 166 $ 70 $ 23,938 $ 335 $ 24,343 December 31, 2015 Fair Value Measurements at the End of the Reporting Period Using: Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Fair Value Assets: (in thousands) Investment securities available-for-sale $ 63 $ 23,378 $ - $ 23,441 Interest only strips - - 226 226 Servicing assets - - 182 182 $ 63 $ 23,378 $ 408 $ 23,849
Summary of Fair Value Measurements of Assets Measured on a Non-recurring Basis	The following summarizes the fair value measurements of assets measured on a non-recurring basis: Fair Value Measurements at the End of the Reporting Period Using Total Quoted Prices in Active Markets for Identical Assets (Level 1) Active Markets for Similar Assets (Level 2) Unobservable Inputs (Level 3) (in thousands) As of June 30, 2016: Impaired loans $ 3,453 $ - $ 3,453 $ - Foreclosed real estate and repossessed assets 129 - 129 - $ 3,582 $ - $ 3,582 $ - As of December 31, 2015: Impaired loans $ 4,545 $ - $ 4,545 $ - Foreclosed real estate and repossessed assets 198 - 198 - $ 4,743 $ - $ 4,743 $ -
Estimated Fair Values and Carrying Values of Financial Instruments	The estimated fair value of the Company’s financial instruments are as follows: June 30, 2016 Carrying Amount Fair Value Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 27,169 $ 27,169 $ - $ - $ 27,169 Interest-bearing deposits in other financial institutions 100 100 - - 100 FRB and FHLB stock 3,443 - 3,443 - 3,443 Investment securities 30,782 70 31,109 - 31,179 Loans held for sale 60,086 - 64,600 - 64,600 Loans, net 504,740 - 499,071 15,485 514,556 Financial liabilities: Deposits 565,184 - 566,200 - 566,200 Other borrowings 10,500 - 10,501 - 10,501 December 31, 2015 Carrying Amount Fair Value Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 35,519 $ 35,519 $ - $ - $ 35,519 Interest-bearing deposits in other financial institutions 99 99 - - 99 FRB and FHLB stock 3,259 - 3,259 - 3,259 Investment securities 30,466 63 30,777 - 30,840 Loans held for sale 64,488 - 69,262 - 69,262 Loans, net 472,058 - 458,726 13,679 472,405 Financial liabilities: Deposits 544,338 - 544,350 - 544,350 Other borrowings 10,500 - 10,489 - 10,489

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	6 Months Ended
	Jun. 30, 2016
STOCKHOLDERS' EQUITY [Abstract]
Changes in Other Comprehensive Income (loss) by Component, Net of Tax	The following table summarizes the changes in other comprehensive income (loss) by component, net of tax for the period indicated: Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Unrealized holding gains Unrealized holding gains (in thousands) Beginning balance $ 49 $ 17 $ (68 ) $ 31 Other comprehensive income (loss) before reclassifications (16 ) (139 ) 101 (153 ) Amounts reclassified from accumulated other comprehensive income - - - - Net current-period other comprehensive income (loss) (16 ) (139 ) 101 (153 ) Ending Balance $ 33 $ (122 ) $ 33 $ (122 )

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2016
EARNINGS PER SHARE [Abstract]
Reconciliation of Basic and Diluted Earnings per Share	The following table presents a reconciliation of basic earnings per share and diluted earnings per share: Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 (in thousands, except per share amounts) Net income $ 1,125 $ (2,342 ) $ 2,408 $ (572 ) Less: dividends and accretion on preferred stock and discount on partial redemption - 26 - 147 Net income available to common stockholders $ 1,125 $ (2,368 ) $ 2,408 $ (719 ) Weighted average number of common shares outstanding - basic 8,098 8,204 8,134 8,204 Weighted average number of common shares outstanding - diluted 8,410 8,204 8,439 8,204 Earnings per share: Basic $ 0.14 $ (0.29 ) $ 0.30 $ (0.09 ) Diluted $ 0.13 $ (0.29 ) $ 0.29 $ (0.09 )

CAPITAL REQUIREMENT (Tables)

CAPITAL REQUIREMENT (Tables)	6 Months Ended
	Jun. 30, 2016
CAPITAL REQUIREMENT [Abstract]
Company's and CWB's Capital Amounts and Ratios	The Company’s and CWB’s capital amounts and ratios as of June 30, 2016 and December 31, 2015 are presented in the table below: Total Capital Tier 1 Capital Common Equity Tier 1 Capital Risk- Weighted Assets Adjusted Average Assets Total Capital Ratio Tier 1 Risk-Based Capital Ratio Common Equity Tier 1 Ratio Tier 1 Leverage Ratio June 30, 2016 (dollars in thousands) CWB $ 73,175 $ 66,408 $ 66,408 $ 540,909 $ 630,719 13.53 % 12.28 % 12.28 % 10.53 % Well-capitalized ratios 10.00 % 8.00 % 6.50 % 5.00 % Minimum capital ratios 8.00 % 6.00 % 4.50 % 4.00 % December 31, 2015 CWB $ 70,199 $ 63,788 $ 63,788 $ 512,364 $ 614,331 13.70 % 12.45 % 12.45 % 10.38 % Well-capitalized ratios 10.00 % 8.00 % 6.50 % 5.00 % Minimum capital ratios 8.00 % 6.00 % 4.50 % 4.00 %

SUMMARY OF SIGNIFICANT ACCOUN26

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	6 Months Ended
	Jun. 30, 2016QuarterPayment
Loans Held for Investment and Interest and Fees from Loans [Abstract]
Period of delinquency after which a loan is placed in a nonaccrual status	90 days
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period of loss history used for determining the amount of allowance of loan losses | Quarter	12
Minimum [Member]
Loans Held for Investment and Interest and Fees from Loans [Abstract]
Period of delinquency after which a loan is placed in a nonaccrual status	90 days
Other Personal Loans [Member] | Maximum [Member]
Loans Held for Investment and Interest and Fees from Loans [Abstract]
Threshold period past due for write-off of loans	180 days
Consumer [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due for unsecured loans to be charged off	120 days
Number of delinquent payments for unsecured loans to be charged off | Payment	5
Commercial [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due for unsecured loans to be charged off	90 days
Commercial Real Estate [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due for unsecured loans to be charged off	90 days
SBA [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due for unsecured loans to be charged off	90 days
Single Family Real Estate [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due after which loans are evaluated for impairment	90 days
Single Family Real Estate [Member] | Minimum [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due for unsecured loans to be charged off	90 days
Single Family Real Estate [Member] | Maximum [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due for unsecured loans to be charged off	120 days
HELOC [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due after which loans are evaluated for impairment	90 days
HELOC [Member] | Minimum [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due for unsecured loans to be charged off	90 days
HELOC [Member] | Maximum [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due for unsecured loans to be charged off	120 days
Manufactured Housing [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due after which loans are evaluated for impairment	90 days
Manufactured Housing [Member] | Minimum [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due for unsecured loans to be charged off	90 days
Manufactured Housing [Member] | Maximum [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due for unsecured loans to be charged off	120 days

INVESTMENT SECURITIES, Amortize

INVESTMENT SECURITIES, Amortized Cost and Estimated Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Amortized cost	$ 23,952	$ 23,558
Gross unrealized gains	151	59
Gross unrealized (losses)	(95)	(176)
Fair value	24,008	23,441
Available-for-sale Equity Securities, Amortized Cost Basis [Abstract]
Amortized cost	66	66
Fair value	70	63
Securities held-to-maturity [Abstract]
Amortized cost	6,774	7,025
Gross unrealized gains	397	374
Gross unrealized (losses)	0	0
Fair value	7,171	7,399
Available-for-sale and held to maturity securities disclosure [Abstract]
Securities pledged as collateral	30,800	30,500
U.S. Government Agency [Member] | Notes [Member]
Available-for-sale Debt Securities, Amortized Cost Basis [Abstract]
Amortized cost	7,112	11,257
Gross unrealized gains	70	5
Gross unrealized (losses)	(33)	(115)
Fair value	7,149	11,147
U.S. Government Agency [Member] | CMO [Member]
Available-for-sale Debt Securities, Amortized Cost Basis [Abstract]
Amortized cost	16,774	12,235
Gross unrealized gains	77	54
Gross unrealized (losses)	(62)	(58)
Fair value	16,789	12,231
Equity Securities: Farmer Mac Class A Stock [Member]
Available-for-sale Equity Securities, Amortized Cost Basis [Abstract]
Amortized cost	66	66
Gross unrealized gains	4	0
Gross unrealized (losses)	0	(3)
Fair value	70	63
U.S. Government Agency [Member] | Mortgage Backed Securities ("MBS") [Member]
Securities held-to-maturity [Abstract]
Amortized cost	6,774	7,025
Gross unrealized gains	397	374
Gross unrealized (losses)	0	0
Fair value	$ 7,171	$ 7,399

INVESTMENT SECURITIES, Maturity

INVESTMENT SECURITIES, Maturity Periods and Weighted Average Yields (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Maturity periods and weighted average yields of investment securities available-for-sale [Abstract]
Less than one year, amount	$ 5,146	$ 8,957
Less than one year, yield	2.80%	2.90%
One to five years, amount	$ 8,748	$ 4,337
One to five years, yield	1.30%	1.30%
Five to ten years, amount	$ 8,534	$ 6,717
Five to ten years, yield	1.10%	0.80%
Over ten years, amount	$ 1,510	$ 3,367
Over ten years, yield	1.20%	1.20%
Equity securities, total amount	$ 70	$ 63
Fair value	$ 24,008	$ 23,441
Total yield	1.50%	1.70%
Maturity periods and weighted average yields of investment securities held-to-maturity [Abstract]
Less than one year, amount	$ 0	$ 0
Less than one year, yield	0.00%	0.00%
One to five years, amount	$ 5,200	$ 1,746
One to five years, yield	3.30%	3.60%
Five to ten years, amount	$ 1,574	$ 5,279
Five to ten years, yield	2.90%	3.10%
Over ten years, amount	$ 0	$ 0
Over ten years, yield	0.00%	0.00%
Total amount	$ 6,774	$ 7,025
Total yield	3.20%	3.20%
U.S. Government Agency [Member] | Notes [Member]
Maturity periods and weighted average yields of investment securities available-for-sale [Abstract]
Less than one year, amount	$ 5,146	$ 8,957
Less than one year, yield	2.80%	2.90%
One to five years, amount	$ 0	$ 0
One to five years, yield	0.00%	0.00%
Five to ten years, amount	$ 2,003	$ 2,190
Five to ten years, yield	1.20%	0.90%
Over ten years, amount	$ 0	$ 0
Over ten years, yield	0.00%	0.00%
Debt securities, total amount	$ 7,149	$ 11,147
Debt securities, total yield	2.30%	2.50%
U.S. Government Agency [Member] | CMO [Member]
Maturity periods and weighted average yields of investment securities available-for-sale [Abstract]
Less than one year, amount	$ 0	$ 0
Less than one year, yield	0.00%	0.00%
One to five years, amount	$ 8,748	$ 4,337
One to five years, yield	1.30%	1.30%
Five to ten years, amount	$ 6,531	$ 4,527
Five to ten years, yield	1.10%	0.70%
Over ten years, amount	$ 1,510	$ 3,367
Over ten years, yield	1.20%	1.20%
Debt securities, total amount	$ 16,789	$ 12,231
Debt securities, total yield	1.20%	1.00%
Equity Securities: Farmer Mac Class A Stock [Member]
Maturity periods and weighted average yields of investment securities available-for-sale [Abstract]
Less than one year, amount		$ 0
Less than one year, yield		0.00%
One to five years, amount		$ 0
One to five years, yield		0.00%
Five to ten years, amount		$ 0
Five to ten years, yield		0.00%
Over ten years, amount		$ 0
Over ten years, yield		0.00%
Equity securities, total amount	$ 70	$ 63
Equity securities, total yield		0.00%
U.S. Government Agency [Member] | Mortgage Backed Securities ("MBS") [Member]
Maturity periods and weighted average yields of investment securities held-to-maturity [Abstract]
Less than one year, amount	$ 0	$ 0
Less than one year, yield	0.00%	0.00%
One to five years, amount	$ 5,200	$ 1,746
One to five years, yield	3.30%	3.60%
Five to ten years, amount	$ 1,574	$ 5,279
Five to ten years, yield	2.90%	3.10%
Over ten years, amount	$ 0	$ 0
Over ten years, yield	0.00%	0.00%
Total amount	$ 6,774	$ 7,025
Total yield	3.20%	3.20%

INVESTMENT SECURITIES, Investme

INVESTMENT SECURITIES, Investment Securities by Contractual Maturities (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Securities available-for-sale, Amortized Cost [Abstract]
Due in one year or less	$ 5,076	$ 9,053
After one year through five years	8,715	4,335
After five years through ten years	8,540	6,713
After ten years	1,555	3,391
Farmer Mac class A stock	66	66
Amortized cost	23,952	23,558
Securities available for sale, Estimated Fair Value [Abstract]
Due in one year or less	5,146	8,957
After one year through five years	8,748	4,337
After five years through ten years	8,534	6,717
After ten years	1,510	3,367
Farmer Mac class A stock	70	63
Estimated fair value	24,008	23,441
Securities held to maturity, Amortized Cost [Abstract]
Due in one year or less	0	0
After one year through five years	5,200	1,746
After five years through ten years	1,574	5,279
After ten years	0	0
Amortized cost	6,774	7,025
Securities held to maturity, Estimated Fair Value [Abstract]
Due in one year or less	0	0
After one year through five years	5,543	1,888
After five years through ten years	1,628	5,511
After ten years	0	0
Estimated fair value	$ 7,171	$ 7,399

INVESTMENT SECURITIES, Unrealiz

INVESTMENT SECURITIES, Unrealized Loss Positions (Details) $ in Thousands	Jun. 30, 2016USD ($)Security	Dec. 31, 2015USD ($)Security
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	$ 15	$ 57
Less than twelve months, fair value	5,486	8,878
More than twelve months, gross unrealized losses	80	119
More than twelve months, fair value	3,860	3,932
Total, gross unrealized losses	95	176
Total, fair value	9,346	12,810
Securities held-to-maturity, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	0	0
Less than twelve months, fair value	0	0
More than twelve months, gross unrealized losses	0	0
More than twelve months, fair value	0	0
Total, gross unrealized losses	0	0
Total, fair value	$ 0	$ 0
Securities in unrealized loss positions | Security	6	9
Equity Securities: Farmer Mac Class A Stock [Member]
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	$ 0	$ 0
Less than twelve months, fair value	0	0
More than twelve months, gross unrealized losses	0	3
More than twelve months, fair value		63
Total, gross unrealized losses	0	3
Total, fair value	0	63
U.S. Government Agency [Member] | Notes [Member]
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	0	48
Less than twelve months, fair value	0	7,224
More than twelve months, gross unrealized losses	33	67
More than twelve months, fair value	2,003	1,924
Total, gross unrealized losses	33	115
Total, fair value	2,003	9,148
U.S. Government Agency [Member] | CMO [Member]
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	15	9
Less than twelve months, fair value	5,486	1,654
More than twelve months, gross unrealized losses	47	49
More than twelve months, fair value	1,857	1,945
Total, gross unrealized losses	62	58
Total, fair value	7,343	3,599
U.S. Government Agency [Member] | Mortgage Backed Securities ("MBS") [Member]
Securities held-to-maturity, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	0	0
Less than twelve months, fair value	0	0
More than twelve months, gross unrealized losses	0	0
More than twelve months, fair value	0	0
Total, gross unrealized losses	0	0
Total, fair value	$ 0	$ 0

LOANS HELD FOR INVESTMENT (Deta

LOANS HELD FOR INVESTMENT (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
Loans held for investment [Abstract]
Loans held for investment, gross	$ 512,026		$ 478,605
Allowance for loan losses	(7,028)	$ (6,819)	(6,916)	$ (7,243)	$ (7,275)	$ (7,877)
Deferred (fees) costs, net	(79)		560
Discount on SBA loans	(179)		(191)
Total loans held for investment, net	504,740		472,058
Manufactured Housing [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	188,315		177,891
Allowance for loan losses	(2,188)	(3,431)	(3,525)	(3,808)	(4,038)	(4,032)
Commercial Real Estate [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	207,664		179,491
Allowance for loan losses	(3,078)	(1,900)	(1,853)	(1,779)	(1,577)	(1,459)
Commercial [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	75,016		77,349
Allowance for loan losses	(1,251)	(966)	(939)	(795)	(600)	(986)
SBA [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	12,903		13,744
Allowance for loan losses	(322)	(376)	(451)	(686)	(878)	(1,066)
HELOC [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	10,803		10,934
Allowance for loan losses	(62)	(42)	(43)	(45)	(53)	(140)
Single Family Real Estate [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	17,202		19,073
Allowance for loan losses	(126)	(103)	(103)	(129)	(125)	(192)
Consumer [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	123		123
Allowance for loan losses	$ (1)	$ (1)	$ (2)	$ (1)	$ (4)	$ (2)

LOANS HELD FOR INVESTMENT, Fina

LOANS HELD FOR INVESTMENT, Financing Receivables Past Due (Details) - USD ($) $ in Thousands		Jun. 30, 2016	Dec. 31, 2015
Aging of loans held for investment [Abstract]
Current		$ 511,121	$ 476,672
Total Past Due		905	1,933
Total loans held for investment		512,026	478,605
Recorded Investment Over 90 Days and Accruing		0	0
30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	135	1
60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	110	774
Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	660	1,158
Manufactured Housing [Member]
Aging of loans held for investment [Abstract]
Current		188,080	177,480
Total Past Due		235	411
Total loans held for investment		188,315	177,891
Recorded Investment Over 90 Days and Accruing		0	0
Manufactured Housing [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	128	0
Manufactured Housing [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	59	372
Manufactured Housing [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	48	39
Commercial Real Estate [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment		207,664	179,491
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Aging of loans held for investment [Abstract]
Current		157,390	138,004
Total Past Due		612	612
Total loans held for investment		158,002	138,616
Recorded Investment Over 90 Days and Accruing		0	0
Commercial Real Estate [Member] | Commercial Real Estate [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
Commercial Real Estate [Member] | Commercial Real Estate [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	612	612
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Aging of loans held for investment [Abstract]
Current		20,794	25,099
Total Past Due		0	463
Total loans held for investment		20,794	25,562
Recorded Investment Over 90 Days and Accruing		0	0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	463
Commercial Real Estate [Member] | Land [Member]
Aging of loans held for investment [Abstract]
Current		3,673	2,895
Total Past Due		0	0
Total loans held for investment		3,673	2,895
Recorded Investment Over 90 Days and Accruing		0	0
Commercial Real Estate [Member] | Land [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
Commercial Real Estate [Member] | Land [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
Commercial Real Estate [Member] | Land [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
Commercial Real Estate [Member] | Construction [Member]
Aging of loans held for investment [Abstract]
Current		25,195	12,016
Total Past Due		0	402
Total loans held for investment		25,195	12,418
Recorded Investment Over 90 Days and Accruing		0	0
Commercial Real Estate [Member] | Construction [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
Commercial Real Estate [Member] | Construction [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	402
Commercial Real Estate [Member] | Construction [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
Commercial [Member]
Aging of loans held for investment [Abstract]
Current		75,016	77,305
Total Past Due		0	44
Total loans held for investment		75,016	77,349
Recorded Investment Over 90 Days and Accruing		0	0
Commercial [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
Commercial [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
Commercial [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	44
SBA [Member]
Aging of loans held for investment [Abstract]
Current		12,845	13,743
Total Past Due		58	1
Total loans held for investment		12,903	13,744
Recorded Investment Over 90 Days and Accruing		0	0
SBA [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	7	1
SBA [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	51	0
SBA [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
HELOC [Member]
Aging of loans held for investment [Abstract]
Current		10,803	10,934
Total Past Due		0	0
Total loans held for investment		10,803	10,934
Recorded Investment Over 90 Days and Accruing		0	0
HELOC [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
HELOC [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
HELOC [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
Single Family Real Estate [Member]
Aging of loans held for investment [Abstract]
Current		17,202	19,073
Total Past Due		0	0
Total loans held for investment		17,202	19,073
Recorded Investment Over 90 Days and Accruing		0	0
Single Family Real Estate [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
Single Family Real Estate [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
Single Family Real Estate [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
Consumer [Member]
Aging of loans held for investment [Abstract]
Current		123	123
Total Past Due		0	0
Total loans held for investment		123	123
Recorded Investment Over 90 Days and Accruing		0	0
Consumer [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
Consumer [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	0	0
Consumer [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total Past Due	[1]	$ 0	$ 0
[1]	Table reports past dues based on Call Report definitions of number of payments past due.

LOANS HELD FOR INVESTMENT, Allo

LOANS HELD FOR INVESTMENT, Allowance for Credit Losses by Portfolio Type (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Summary of provision, charge-offs and recoveries by loan category [Roll Forward]
Beginning balance	$ 6,819	$ 7,275	$ 6,916	$ 7,877
Charge-offs	(51)	(94)	(62)	(225)
Recoveries	199	646	360	1,143
Net (charge-offs) recoveries	148	552	298	918
Provision (credit)	61	(584)	(186)	(1,552)
Ending balance	7,028	7,243	7,028	7,243
Reserve for credit losses on undisbursed loans	89		89		$ 61
Manufactured Housing [Member]
Summary of provision, charge-offs and recoveries by loan category [Roll Forward]
Beginning balance	3,431	4,038	3,525	4,032
Charge-offs	(41)	(94)	(41)	(225)
Recoveries	1	16	5	65
Net (charge-offs) recoveries	(40)	(78)	(36)	(160)
Provision (credit)	(1,203)	(152)	(1,301)	(64)
Ending balance	2,188	3,808	2,188	3,808
Commercial Real Estate [Member]
Summary of provision, charge-offs and recoveries by loan category [Roll Forward]
Beginning balance	1,900	1,577	1,853	1,459
Charge-offs	0	0	0	0
Recoveries	0	507	13	520
Net (charge-offs) recoveries	0	507	13	520
Provision (credit)	1,178	(305)	1,212	(200)
Ending balance	3,078	1,779	3,078	1,779
Commercial [Member]
Summary of provision, charge-offs and recoveries by loan category [Roll Forward]
Beginning balance	966	600	939	986
Charge-offs	0	0	0	0
Recoveries	53	22	80	343
Net (charge-offs) recoveries	53	22	80	343
Provision (credit)	232	173	232	(534)
Ending balance	1,251	795	1,251	795
SBA [Member]
Summary of provision, charge-offs and recoveries by loan category [Roll Forward]
Beginning balance	376	878	451	1,066
Charge-offs	(10)	0	(21)	0
Recoveries	70	98	184	208
Net (charge-offs) recoveries	60	98	163	208
Provision (credit)	(114)	(290)	(292)	(588)
Ending balance	322	686	322	686
HELOC [Member]
Summary of provision, charge-offs and recoveries by loan category [Roll Forward]
Beginning balance	42	53	43	140
Charge-offs	0	0	0	0
Recoveries	6	2	8	5
Net (charge-offs) recoveries	6	2	8	5
Provision (credit)	14	(10)	11	(100)
Ending balance	62	45	62	45
Single Family Real Estate [Member]
Summary of provision, charge-offs and recoveries by loan category [Roll Forward]
Beginning balance	103	125	103	192
Charge-offs	0	0	0	0
Recoveries	69	1	70	2
Net (charge-offs) recoveries	69	1	70	2
Provision (credit)	(46)	3	(47)	(65)
Ending balance	126	129	126	129
Consumer [Member]
Summary of provision, charge-offs and recoveries by loan category [Roll Forward]
Beginning balance	1	4	2	2
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Net (charge-offs) recoveries	0	0	0	0
Provision (credit)	0	(3)	(1)	(1)
Ending balance	$ 1	$ 1	$ 1	$ 1

LOANS HELD FOR INVESTMENT, Impa

LOANS HELD FOR INVESTMENT, Impaired Financing Receivables (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	$ 14,143	$ 11,940
Impaired loans with no allowance recorded	5,504	7,591
Total loans individually evaluated for impairment	19,647	19,531
Loans collectively evaluated for impairment	492,379	459,074
Total loans held for investment	512,026	478,605
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	14,688	12,267
Impaired loans with no allowance recorded	9,227	8,973
Total loans individually evaluated for impairment	23,915	21,240
Loans collectively evaluated for impairment	492,379	459,074
Total loans held for investment	516,294	480,314
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	709	573
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	709	573
Loans collectively evaluated for impairment	6,319	6,343
Total loans held for investment	7,028	6,916
Impaired loans guaranteed by government agencies	2,200	2,200
Impaired loans with a specific valuation allowance under ASC 310	14,143	11,940
Impaired loans without a specific valuation allowance under ASC 310	5,504	7,591
Total impaired loans	19,647	19,531
Valuation allowance related to impaired loans	709	573
Manufactured Housing [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	5,464	4,914
Impaired loans with no allowance recorded	3,181	3,672
Total loans individually evaluated for impairment	8,645	8,586
Loans collectively evaluated for impairment	179,670	169,305
Total loans held for investment	188,315	177,891
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	5,527	4,964
Impaired loans with no allowance recorded	4,848	3,975
Total loans individually evaluated for impairment	10,375	8,939
Loans collectively evaluated for impairment	179,670	169,305
Total loans held for investment	190,045	178,244
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	498	483
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	498	483
Loans collectively evaluated for impairment	1,690	3,042
Total loans held for investment	2,188	3,525
Impaired loans with a specific valuation allowance under ASC 310	5,464	4,914
Impaired loans without a specific valuation allowance under ASC 310	3,181	3,672
Total impaired loans	8,645	8,586
Valuation allowance related to impaired loans	498	483
Commercial Real Estate [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	1,380	376
Impaired loans with no allowance recorded	701	2,247
Total loans individually evaluated for impairment	2,081	2,623
Loans collectively evaluated for impairment	205,583	176,868
Total loans held for investment	207,664	179,491
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	1,532	439
Impaired loans with no allowance recorded	2,035	2,734
Total loans individually evaluated for impairment	3,567	3,173
Loans collectively evaluated for impairment	205,583	176,868
Total loans held for investment	209,150	180,041
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	16	3
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	16	3
Loans collectively evaluated for impairment	3,062	1,850
Total loans held for investment	3,078	1,853
Impaired loans with a specific valuation allowance under ASC 310	1,380	376
Impaired loans without a specific valuation allowance under ASC 310	701	2,247
Valuation allowance related to impaired loans	16	3
Commercial [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	3,575	2,966
Impaired loans with no allowance recorded	0	44
Total loans individually evaluated for impairment	3,575	3,010
Loans collectively evaluated for impairment	71,441	74,339
Total loans held for investment	75,016	77,349
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	3,575	2,966
Impaired loans with no allowance recorded	0	50
Total loans individually evaluated for impairment	3,575	3,016
Loans collectively evaluated for impairment	71,441	74,339
Total loans held for investment	75,016	77,355
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	168	45
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	168	45
Loans collectively evaluated for impairment	1,083	894
Total loans held for investment	1,251	939
Impaired loans with a specific valuation allowance under ASC 310	3,575	2,966
Impaired loans without a specific valuation allowance under ASC 310	0	44
Total impaired loans	3,575	3,010
Valuation allowance related to impaired loans	168	45
SBA [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	1,361	1,695
Impaired loans with no allowance recorded	1,186	1,052
Total loans individually evaluated for impairment	2,547	2,747
Loans collectively evaluated for impairment	10,356	10,997
Total loans held for investment	12,903	13,744
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	1,679	1,909
Impaired loans with no allowance recorded	1,865	1,553
Total loans individually evaluated for impairment	3,544	3,462
Loans collectively evaluated for impairment	10,356	10,997
Total loans held for investment	13,900	14,459
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	2	25
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	2	25
Loans collectively evaluated for impairment	320	426
Total loans held for investment	322	451
Impaired loans with a specific valuation allowance under ASC 310	1,361	1,695
Impaired loans without a specific valuation allowance under ASC 310	1,186	1,052
Total impaired loans	2,547	2,747
Valuation allowance related to impaired loans	2	25
HELOC [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	304	19
Impaired loans with no allowance recorded	237	294
Total loans individually evaluated for impairment	541	313
Loans collectively evaluated for impairment	10,262	10,621
Total loans held for investment	10,803	10,934
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	316	19
Impaired loans with no allowance recorded	249	309
Total loans individually evaluated for impairment	565	328
Loans collectively evaluated for impairment	10,262	10,621
Total loans held for investment	10,827	10,949
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	1	0
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	1	0
Loans collectively evaluated for impairment	61	43
Total loans held for investment	62	43
Impaired loans with a specific valuation allowance under ASC 310	304	19
Impaired loans without a specific valuation allowance under ASC 310	237	294
Total impaired loans	541	313
Valuation allowance related to impaired loans	1	0
Single Family Real Estate [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	2,059	1,970
Impaired loans with no allowance recorded	199	282
Total loans individually evaluated for impairment	2,258	2,252
Loans collectively evaluated for impairment	14,944	16,821
Total loans held for investment	17,202	19,073
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	2,059	1,970
Impaired loans with no allowance recorded	230	352
Total loans individually evaluated for impairment	2,289	2,322
Loans collectively evaluated for impairment	14,944	16,821
Total loans held for investment	17,233	19,143
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	24	17
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	24	17
Loans collectively evaluated for impairment	102	86
Total loans held for investment	126	103
Impaired loans with a specific valuation allowance under ASC 310	2,059	1,970
Impaired loans without a specific valuation allowance under ASC 310	199	282
Total impaired loans	2,258	2,252
Valuation allowance related to impaired loans	24	17
Consumer [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	123	123
Total loans held for investment	123	123
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	123	123
Total loans held for investment	123	123
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	1	2
Total loans held for investment	1	2
Impaired loans with a specific valuation allowance under ASC 310	0	0
Impaired loans without a specific valuation allowance under ASC 310	0	0
Valuation allowance related to impaired loans	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Im35

LOANS HELD FOR INVESTMENT, Impaired Loans by Class of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	$ 19,647	$ 19,531
Manufactured Housing [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	8,645	8,586
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	852	875
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	1,229	1,748
Commercial [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	3,575	3,010
SBA [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	2,547	2,747
HELOC [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	541	313
Single Family Real Estate [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	$ 2,258	$ 2,252

LOANS HELD FOR INVESTMENT, Aver

LOANS HELD FOR INVESTMENT, Average Investment in Impaired Loans by Class (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Average recorded investment and interest income recognized [Abstract]
Average Investment in Impaired Loans	$ 17,688	$ 15,746	$ 17,579	$ 15,983
Interest Income	244	218	575	354
Manufactured Housing [Member]
Average recorded investment and interest income recognized [Abstract]
Average Investment in Impaired Loans	8,883	7,256	8,796	7,264
Interest Income	140	136	325	251
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Average recorded investment and interest income recognized [Abstract]
Average Investment in Impaired Loans	883	1,564	872	1,800
Interest Income	0	0	3	0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Average recorded investment and interest income recognized [Abstract]
Average Investment in Impaired Loans	1,753	1,262	1,576	1,263
Interest Income	5	25	28	34
Commercial Real Estate [Member] | Land [Member]
Average recorded investment and interest income recognized [Abstract]
Average Investment in Impaired Loans	0	0	0	0
Interest Income	0	0	0	0
Commercial Real Estate [Member] | Construction [Member]
Average recorded investment and interest income recognized [Abstract]
Average Investment in Impaired Loans	0	0	0	0
Interest Income	0	0	0	0
Commercial [Member]
Average recorded investment and interest income recognized [Abstract]
Average Investment in Impaired Loans	3,072	2,804	3,239	2,901
Interest Income	57	0	99	0
SBA [Member]
Average recorded investment and interest income recognized [Abstract]
Average Investment in Impaired Loans	513	1,310	442	1,474
Interest Income	11	25	56	36
HELOC [Member]
Average recorded investment and interest income recognized [Abstract]
Average Investment in Impaired Loans	314	79	390	81
Interest Income	3	0	7	0
Single Family Real Estate [Member]
Average recorded investment and interest income recognized [Abstract]
Average Investment in Impaired Loans	2,270	1,471	2,264	1,200
Interest Income	28	32	57	33
Consumer [Member]
Average recorded investment and interest income recognized [Abstract]
Average Investment in Impaired Loans	0	0	0	0
Interest Income	$ 0	$ 0	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Reco

LOANS HELD FOR INVESTMENT, Recorded Investment in Certain Types of Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Financing receivable recorded investment [Abstract]
Nonaccrual loans	$ 5,775		$ 5,775		$ 6,956
Government guaranteed portion of loans included above	1,787		1,787		1,943
Troubled debt restructured loans, gross	14,992		14,992		13,741
Loans 30 through 89 days past due with interest accruing	$ 187		$ 187		$ 0
Allowance for loan losses to gross loans held for investment	1.37%		1.37%		1.44%
Period past due after which accrual of interest is discontinued			90 days
Foregone interest on nonaccrual and troubled debt restructured loans	$ 100	$ 200	$ 200	$ 500

LOANS HELD FOR INVESTMENT, Nona

LOANS HELD FOR INVESTMENT, Nonaccrual Loans, Net of SBA Guarantee (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans, net	$ 5,775	$ 6,956
Period past due after which guaranteed portion of SBA loan is repurchased from investors	120 days
Manufactured Housing [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans, net	$ 1,205	1,615
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans, net	852	875
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans, net	966	1,481
Commercial [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans, net	1	44
SBA [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans, net	2,011	2,346
HELOC [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans, net	541	313
Single Family Real Estate [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans, net	199	282
Consumer [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans, net	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Cred

LOANS HELD FOR INVESTMENT, Credit Quality Indicators (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	$ 509,140	$ 476,363
Total loans held for investment	512,026	478,605
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	489,314	450,809
Total loans held for investment	489,314	450,809
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	9,746	10,027
Total loans held for investment	9,746	10,027
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	10,046	15,463
Total loans held for investment	12,932	17,705
Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	34	64
Total loans held for investment	34	64
SBA Guarantee [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	2,886	2,242
SBA Guarantee [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	0	0
SBA Guarantee [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	0	0
SBA Guarantee [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	2,886	2,242
SBA Guarantee [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	0	0
Manufactured Housing [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	188,315	177,891
Total loans held for investment	188,315	177,891
Manufactured Housing [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	184,950	173,971
Manufactured Housing [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	0	0
Manufactured Housing [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	3,365	3,920
Manufactured Housing [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	0	0
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	207,664	179,491
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	158,002	138,616
Total loans held for investment	158,002	138,616
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	154,721	131,857
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	2,429	2,481
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	852	4,278
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	0	0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	20,794	25,562
Total loans held for investment	20,794	25,562
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	19,565	23,231
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	0	583
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	1,229	1,748
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	0	0
Commercial Real Estate [Member] | Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	3,673	2,895
Total loans held for investment	3,673	2,895
Commercial Real Estate [Member] | Land [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	3,673	2,895
Commercial Real Estate [Member] | Land [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	0	0
Commercial Real Estate [Member] | Land [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	0	0
Commercial Real Estate [Member] | Land [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	0	0
Commercial Real Estate [Member] | Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	25,195	12,418
Total loans held for investment	25,195	12,418
Commercial Real Estate [Member] | Construction [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	25,195	12,418
Commercial Real Estate [Member] | Construction [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	0	0
Commercial Real Estate [Member] | Construction [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	0	0
Commercial Real Estate [Member] | Construction [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	0	0
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	75,016	77,349
Total loans held for investment	75,016	77,349
Commercial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	64,850	66,788
Commercial [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	7,206	6,805
Commercial [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	2,960	3,756
Commercial [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	0	0
SBA [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	12,903	13,744
SBA [Member] | Non-guaranteed [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	10,017	11,502
SBA [Member] | Non-guaranteed [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	9,226	10,733
SBA [Member] | Non-guaranteed [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	111	158
SBA [Member] | Non-guaranteed [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	646	547
SBA [Member] | Non-guaranteed [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	34	64
HELOC [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	10,803	10,934
Total loans held for investment	10,803	10,934
HELOC [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	10,014	10,115
HELOC [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	0	0
HELOC [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	789	819
HELOC [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	0	0
Single Family Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	17,202	19,073
Total loans held for investment	17,202	19,073
Single Family Real Estate [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	16,997	18,678
Single Family Real Estate [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	0	0
Single Family Real Estate [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	205	395
Single Family Real Estate [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	0	0
Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	123	123
Total loans held for investment	123	123
Consumer [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	123	123
Consumer [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	0	0
Consumer [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	0	0
Consumer [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment, net	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Trou

LOANS HELD FOR INVESTMENT, Troubled Debt Restructuring (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)Loan	Jun. 30, 2015USD ($)Loan	Jun. 30, 2016USD ($)LoanNonpayment	Jun. 30, 2015USD ($)Loan
Troubled debt restructurings (TDR) [Abstract]
Number of loans | Loan	7	8	16	11
Pre-modification recorded investment	$ 1,211,000	$ 2,313,000	$ 2,056,000	$ 2,487,000
Post modification recorded investment	1,211,000	2,303,000	2,056,000	2,477,000
Effect on allowance for loan losses	$ 23,000	$ 51,000	$ 72,000	$ 55,000
Number of consecutive non-payments for a TDR loan to be deemed default | Nonpayment			2
Average rate concessions	0.43%	0.72%	0.69%	0.52%
Average extension	98 months	158 months	135 months	118 months
Trouble debt restructurings with payment defaults			$ 0	$ 0
Rate Reduction [Member]
Troubled debt restructurings (TDR) [Abstract]
Post modification recorded investment	$ 246,000	$ 2,122,000	989,000	2,122,000
Term Extension [Member]
Troubled debt restructurings (TDR) [Abstract]
Post modification recorded investment	$ 1,211,000	$ 2,174,000	$ 2,056,000	$ 2,330,000
Manufactured Housing [Member]
Troubled debt restructurings (TDR) [Abstract]
Number of loans | Loan	2	5	10	8
Pre-modification recorded investment	$ 141,000	$ 290,000	$ 884,000	$ 464,000
Post modification recorded investment	141,000	280,000	884,000	454,000
Effect on allowance for loan losses	9,000	11,000	58,000	15,000
Manufactured Housing [Member] | Rate Reduction [Member]
Troubled debt restructurings (TDR) [Abstract]
Post modification recorded investment	141,000	151,000	884,000	151,000
Manufactured Housing [Member] | Term Extension [Member]
Troubled debt restructurings (TDR) [Abstract]
Post modification recorded investment	$ 141,000	$ 151,000	$ 884,000	$ 307,000
SBA [Member]
Troubled debt restructurings (TDR) [Abstract]
Number of loans | Loan	1	1	1	1
Pre-modification recorded investment	$ 92,000	$ 52,000	$ 92,000	$ 52,000
Post modification recorded investment	92,000	52,000	92,000	52,000
Effect on allowance for loan losses	0	5,000	0	5,000
SBA [Member] | Rate Reduction [Member]
Troubled debt restructurings (TDR) [Abstract]
Post modification recorded investment	0	0	0	0
SBA [Member] | Term Extension [Member]
Troubled debt restructurings (TDR) [Abstract]
Post modification recorded investment	$ 92,000	$ 52,000	$ 92,000	$ 52,000
HELOC [Member]
Troubled debt restructurings (TDR) [Abstract]
Number of loans | Loan	1	1	1	1
Pre-modification recorded investment	$ 257,000	$ 54,000	$ 257,000	$ 54,000
Post modification recorded investment	257,000	54,000	257,000	54,000
Effect on allowance for loan losses	0	0	0	0
HELOC [Member] | Rate Reduction [Member]
Troubled debt restructurings (TDR) [Abstract]
Post modification recorded investment	0	54,000	0	54,000
HELOC [Member] | Term Extension [Member]
Troubled debt restructurings (TDR) [Abstract]
Post modification recorded investment	$ 257,000	$ 54,000	$ 257,000	$ 54,000
Single Family Real Estate [Member]
Troubled debt restructurings (TDR) [Abstract]
Number of loans | Loan	1	1	1	1
Pre-modification recorded investment	$ 105,000	$ 1,917,000	$ 105,000	$ 1,917,000
Post modification recorded investment	105,000	1,917,000	105,000	1,917,000
Effect on allowance for loan losses	7,000	35,000	7,000	35,000
Single Family Real Estate [Member] | Rate Reduction [Member]
Troubled debt restructurings (TDR) [Abstract]
Post modification recorded investment	105,000	1,917,000	105,000	1,917,000
Single Family Real Estate [Member] | Term Extension [Member]
Troubled debt restructurings (TDR) [Abstract]
Post modification recorded investment	$ 105,000	$ 1,917,000	$ 105,000	$ 1,917,000
Commercial [Member]
Troubled debt restructurings (TDR) [Abstract]
Number of loans | Loan	2		3
Pre-modification recorded investment	$ 616,000		$ 718,000
Post modification recorded investment	616,000		718,000
Effect on allowance for loan losses	7,000		7,000
Commercial [Member] | Rate Reduction [Member]
Troubled debt restructurings (TDR) [Abstract]
Post modification recorded investment	0		0
Commercial [Member] | Term Extension [Member]
Troubled debt restructurings (TDR) [Abstract]
Post modification recorded investment	$ 616,000		$ 718,000

OTHER ASSETS ACQUIRED THROUGH41

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE [Abstract]
Balance, beginning of period	$ 176	$ 320	$ 198	$ 137
Additions	51	113	165	335
Proceeds from dispositions	(89)	(182)	(227)	(222)
Gains on sales, net	(9)	16	(7)	17
Balance, end of period	$ 129	$ 267	$ 129	$ 267

FAIR VALUE MEASUREMENT, Fair Va

FAIR VALUE MEASUREMENT, Fair Value of Assets Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Assets [Abstract]
Investment securities available-for-sale	$ 24,008	$ 23,441
Recurring [Member]
Assets [Abstract]
Investment securities available-for-sale	24,008	23,441
Interest only strips	169	226
Servicing assets	166	182
Total	24,343	23,849
Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets [Abstract]
Investment securities available-for-sale	70	63
Interest only strips	0	0
Servicing assets	0	0
Total	70	63
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Investment securities available-for-sale	23,938	23,378
Interest only strips	0	0
Servicing assets	0	0
Total	23,938	23,378
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Investment securities available-for-sale	0	0
Interest only strips	169	226
Servicing assets	166	182
Total	$ 335	$ 408

FAIR VALUE MEASUREMENT, Assets

FAIR VALUE MEASUREMENT, Assets Measured on Non-recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	$ 19,647		$ 19,531
Foreclosed real estate and repossessed assets	129	$ 176	198	$ 267	$ 320	$ 137
Loans held-for-sale at carrying value	60,086		64,488
Non-recurring [Member]
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	3,453		4,545
Foreclosed real estate and repossessed assets	129		198
Total	3,582		4,743
Non-recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	0		0
Foreclosed real estate and repossessed assets	0		0
Total	0		0
Non-recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	3,453		4,545
Foreclosed real estate and repossessed assets	129		198
Total	3,582		4,743
Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	0		0
Foreclosed real estate and repossessed assets	0		0
Total	$ 0		$ 0

FAIR VALUE MEASUREMENT, Fair 44

FAIR VALUE MEASUREMENT, Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Carrying Amount [Member]
Financial assets [Abstract]
Cash and cash equivalents	$ 27,169	$ 35,519
Interest-bearing deposits in other financial institutions	100	99
FRB and FHLB stock	3,443	3,259
Investment securities	30,782	30,466
Loans held for sale	60,086	64,488
Loans, net	504,740	472,058
Financial liabilities [Abstract]
Deposits	565,184	544,338
Other borrowings	10,500	10,500
Fair Value [Member]
Financial assets [Abstract]
Cash and cash equivalents	27,169	35,519
Interest-bearing deposits in other financial institutions	100	99
FRB and FHLB stock	3,443	3,259
Investment securities	31,179	30,840
Loans held for sale	64,600	69,262
Loans, net	514,556	472,405
Financial liabilities [Abstract]
Deposits	566,200	544,350
Other borrowings	10,501	10,489
Fair Value [Member] | Level 1 [Member]
Financial assets [Abstract]
Cash and cash equivalents	27,169	35,519
Interest-bearing deposits in other financial institutions	100	99
FRB and FHLB stock	0	0
Investment securities	70	63
Loans held for sale	0	0
Loans, net	0	0
Financial liabilities [Abstract]
Deposits	0	0
Other borrowings	0	0
Fair Value [Member] | Level 2 [Member]
Financial assets [Abstract]
Cash and cash equivalents	0	0
Interest-bearing deposits in other financial institutions	0	0
FRB and FHLB stock	3,443	3,259
Investment securities	31,109	30,777
Loans held for sale	64,600	69,262
Loans, net	499,071	458,726
Financial liabilities [Abstract]
Deposits	566,200	544,350
Other borrowings	10,501	10,489
Fair Value [Member] | Level 3 [Member]
Financial assets [Abstract]
Cash and cash equivalents	0	0
Interest-bearing deposits in other financial institutions	0	0
FRB and FHLB stock	0	0
Investment securities	0	0
Loans held for sale	0	0
Loans, net	15,485	13,679
Financial liabilities [Abstract]
Deposits	0	0
Other borrowings	0	0
Standby Letters of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet risks outstanding	0	100
Unfunded Loan Commitments [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet risks outstanding	$ 66,700	$ 46,900

OTHER BORROWINGS AND CONVERTI45

OTHER BORROWINGS AND CONVERTIBLE DEBENTURES (Details) - USD ($)	Oct. 29, 2015	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Federal Funds Purchased Lines [Member]
Line of Credit Facility [Line Items]
Federal funds borrowing lines at correspondent banks		$ 20,000,000		$ 20,000,000
Federal funds amount outstanding		0		0
Federal Home Loan Bank Advances [Member]
Line of Credit Facility [Line Items]
FHLB advances		$ 5,000,000		$ 5,000,000		$ 5,000,000
FHLB advances borrowed weighted average rate		0.55%		0.55%		0.55%
Letter of credit with FHLB		$ 95,000,000		$ 95,000,000
Securities pledged to FHLB		30,800,000		30,800,000		$ 30,500,000
Loans pledged to FHLB		158,300,000		158,300,000		140,000,000
Available for additional borrowing		40,700,000		40,700,000		67,800,000
Total FHLB interest expense		7,000	$ 15,000	14,000	$ 100,000
Federal Reserve Bank Advances [Member]
Line of Credit Facility [Line Items]
Outstanding balance		0		0		0
Available borrowing capacity		97,300,000		$ 97,300,000		94,000,000
Federal Reserve Bank Advances [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Period for advances to be collateralized				28 days
Line of Credit [Member]
Line of Credit Facility [Line Items]
Outstanding balance		$ 5,500,000		$ 5,500,000
Term of agreement	1 year
Maximum borrowing capacity	$ 10,000,000
Interest rate		4.215%		4.215%
Percentage of compensating deposit with the lender				25.00%
Compensating deposit		$ 1,400,000		$ 1,400,000		$ 1,400,000
Minimum debt service coverage ratio		1.65		1.65
Minimum Tier 1 leverage ratio		7.00%		7.00%
Minimum total risk-based capital ratio		10.00%		10.00%
Quarterly unused commitment fee				0.50%
Line of Credit [Member] | Term Loan [Member]
Line of Credit Facility [Line Items]
Quarterly interest rate				5.00%
Maturity date				Oct. 31, 2021

STOCKHOLDERS' EQUITY, Changes i

STOCKHOLDERS' EQUITY, Changes in Other Comprehensive Income (Loss) by Component (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Changes in other comprehensive income (loss) by component, net of tax [Roll Forward]
Balance			$ 61,944
Net current-period other comprehensive income (loss)	$ (16)	$ (139)	101	$ (153)
Balance	63,238		63,238
Unrealized Holding Gains (Losses) on AFS [Member]
Changes in other comprehensive income (loss) by component, net of tax [Roll Forward]
Balance	49	17	(68)	31
Other comprehensive income (loss) before reclassifications	(16)	(139)	101	(153)
Amounts reclassified from accumulated other comprehensive income	0	0	0	0
Net current-period other comprehensive income (loss)	(16)	(139)	101	(153)
Balance	$ 33	$ (122)	$ 33	$ (122)

STOCKHOLDERS' EQUITY, Common St

STOCKHOLDERS' EQUITY, Common Stock Warrants and Common Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Class of Stock [Line Items]
Common stock dividend paid			$ 530	$ 410
Common Stock Warrant [Member]
Class of Warrant or Right [Line Items]
Number of shares that can be issued against warrants (in shares)	521,158		521,158
Exercise price of warrants (in dollars per share)	$ 4.49		$ 4.49
Expiration date of warrants			Dec. 19, 2018
Common Stock [Member]
Class of Stock [Line Items]
Common stock repurchase (in shares)	30,530		137,783
Common stock repurchase, average price (in dollars per share)	$ 7.37		$ 7.08
Common stock dividend paid	$ 300	$ 200	$ 500	$ 400

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Reconciliation of basic and diluted earnings per share [Abstract]
Net income	$ 1,125	$ (2,342)	$ 2,408	$ (572)
Less: dividends and accretion on preferred stock and discount on partial redemption	0	26	0	147
Net income (loss) available to common stockholders	$ 1,125	$ (2,368)	$ 2,408	$ (719)
Weighted average number of common shares outstanding - basic (in shares)	8,098	8,204	8,134	8,204
Weighted average number of common shares outstanding - diluted (in shares)	8,410	8,204	8,439	8,204
Earnings per share [Abstract]
Basic (in dollars per share)	$ 0.14	$ (0.29)	$ 0.30	$ (0.09)
Diluted (in dollars per share)	$ 0.13	$ (0.29)	$ 0.29	$ (0.09)

CAPITAL REQUIREMENT (Details)

CAPITAL REQUIREMENT (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total capital ratio, well-capitalized ratios	10.00%	10.00%
Total capital ratio, minimum capital ratios	8.00%	8.00%
Tier 1 risk-based capital ratio, well-capitalized ratios	8.00%	8.00%
Tier 1 risk-based capital ratio, minimum capital ratios	6.00%	6.00%
Common Equity Tier 1 ratio, well-capitalized ratios	6.50%	6.50%
Common Equity Tier 1 ratio, minimum capital ratios	4.50%	4.50%
Tier 1 leverage ratio, well-capitalized ratios	5.00%	5.00%
Tier 1 leverage ratio, minimum capital ratios	4.00%	4.00%
Minimum [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Consolidated asset requirement under the Small Bank Holding Policy Statement final ruling	$ 500,000
Maximum [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Consolidated asset requirement under the Small Bank Holding Policy Statement final ruling	1,000,000
CWB [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total capital	73,175	$ 70,199
Tier 1 capital	66,408	63,788
Common Equity Tier 1 capital	66,408	63,788
Risk-weighted assets	540,909	512,364
Adjusted average assets	$ 630,719	$ 614,331
Total capital ratio	13.53%	13.70%
Tier 1 risk-based capital ratio	12.28%	12.45%
Common Equity Tier 1 ratio	12.28%	12.45%
Tier 1 leverage ratio	10.53%	10.38%