Community West Bancshares (CWBC) 10-Q 3 Aug 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Jul. 27, 2018
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		8,253,582
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2018

CONSOLIDATED BALANCE SHEETS (un

CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Assets:
Cash and due from banks	$ 3,376	$ 3,639
Federal funds sold	9	12
Interest-earning demand in other financial institutions	50,977	42,218
Cash and cash equivalents	54,362	45,869
Investment securities - available-for-sale, at fair value; amortized cost of $26,858 at June 30, 2018 and $28,742 at December 31, 2017	26,685	28,783
Investment securities - held-to-maturity, at amortized cost; fair value of $6,837 at June 30, 2018 and $7,671 at December 31, 2017	6,856	7,565
Investment securities - measured at fair value; amortized cost of $66 at June 30, 2018 and December 31, 2017.	179	0
Federal Home Loan Bank stock, at cost	2,714	2,347
Federal Reserve Bank stock, at cost	1,373	1,373
Loans:
Held for sale, at lower of cost or fair value	52,886	55,094
Held for investment, net of allowance for loan losses of $8,622 at June 30, 2018 and $8,420 at December 31, 2017	698,382	671,095
Total loans	751,268	726,189
Other assets acquired through foreclosure, net	213	372
Premises and equipment, net	5,976	5,581
Other assets	15,501	15,236
Total assets	865,127	833,315
Deposits:
Non-interest-bearing demand	107,168	108,500
Interest-bearing demand	260,708	256,717
Savings	14,515	14,085
Certificates of deposit ($250,000 or more)	88,752	81,985
Other certificates of deposit	231,460	238,397
Total deposits	702,603	699,684
Other borrowings	81,843	56,843
Other liabilities	7,233	6,718
Total liabilities	791,679	763,245
Stockholders' equity:
Common stock - no par value, 60,000,000 shares authorized; 8,253,582 shares issued and outstanding at June 30, 2018 and 8,193,339 at December 31, 2017	43,117	42,604
Retained earnings	30,442	27,441
Accumulated other comprehensive income (loss)	(111)	25
Total stockholders' equity	73,448	70,070
Total liabilities and stockholders' equity	$ 865,127	$ 833,315

CONSOLIDATED BALANCE SHEETS (u3

CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Assets:
Investment securities available-for-sale, amortized cost	$ 26,858	$ 28,742
Investment securities held-to-maturity, fair value	6,837	7,671
Investment securities measured at fair value, amortized cost	66	66
Loans:
Held for investment, allowance for loan losses	$ 8,622	$ 8,420
Stockholders' equity:
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	60,000,000	60,000,000
Common stock, shares issued (in shares)	8,253,582	8,193,339
Common stock, shares outstanding (in shares)	8,253,582	8,193,339

CONSOLIDATED INCOME STATEMENTS

CONSOLIDATED INCOME STATEMENTS (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Interest income:
Loans, including fees	$ 10,020	$ 8,788	$ 19,671	$ 17,230
Investment securities and other	381	278	718	539
Total interest income	10,401	9,066	20,389	17,769
Interest expense:
Deposits	1,708	941	3,151	1,799
Other borrowings	382	89	577	160
Total interest expense	2,090	1,030	3,728	1,959
Net interest income	8,311	8,036	16,661	15,810
Provision (credit) for loan losses	117	120	(27)	264
Net interest income after provision for loan losses	8,194	7,916	16,688	15,546
Non-interest income:
Other loan fees	323	342	619	645
Document processing fees	130	151	247	284
Service charges	122	112	238	208
Other	113	92	223	201
Total non-interest income	688	697	1,327	1,338
Non-interest expenses:
Salaries and employee benefits	4,042	3,796	8,191	7,727
Occupancy, net	741	686	1,525	1,331
Professional services	301	299	605	478
Data processing	206	165	418	333
Depreciation	186	188	353	351
FDIC assessment	164	179	378	289
Advertising and marketing	163	195	333	351
Stock-based compensation	87	87	203	171
Other	367	412	784	899
Total non-interest expenses	6,257	6,007	12,790	11,930
Income before provision for income taxes	2,625	2,606	5,225	4,954
Provision for income taxes	758	1,050	1,544	2,042
Net income	$ 1,867	$ 1,556	$ 3,681	$ 2,912
Earnings per share:
Basic (in dollars per share)	$ 0.23	$ 0.19	$ 0.45	$ 0.36
Diluted (in dollars per share)	$ 0.21	$ 0.18	$ 0.42	$ 0.34
Weighted average number of common shares outstanding:
Basic (in shares)	8,227	8,136	8,218	8,118
Diluted (in shares)	8,714	8,567	8,700	8,551
Dividends declared per common share (in dollars per share)	$ 0.050	$ 0.040	$ 0.090	$ 0.075

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) [Abstract]
Net income	$ 1,867	$ 1,556	$ 3,681	$ 2,912
Other comprehensive income, net:
Unrealized income (loss) on securities available-for-sale (AFS), net (tax effect of $21, $(60), $48 and ($81) for each respective period presented)	(38)	116	(77)	116
Net other comprehensive income (loss)	(38)	116	(77)	116
Comprehensive income	$ 1,829	$ 1,672	$ 3,604	$ 3,028

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Other comprehensive income, net:
Unrealized income (loss) on securities available-for-sale (AFS), tax effect	$ 21	$ (60)	$ 48	$ (81)

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				$ 2,912
Other comprehensive income, net				116
Net income				1,556
Other comprehensive income, net				116
Impact of ASU 2016-01 and 2018-02 as of January 1, 2018 | Accounting Standards Update 2016-01 and Accounting Standards Update 2018-02 [Member]	$ 0	$ (59)	$ 59	0
Balance at Dec. 31, 2017	$ 42,604	25	27,441	$ 70,070
Balance (in shares) at Dec. 31, 2017	8,193,000			8,193,339
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	3,681	$ 3,681
Exercise of stock options	$ 310	0	0	310
Exercise of stock options (in shares)	61,000
Stock based compensation	$ 203	0	0	203
Stock based compensation (in shares)	0
Dividends on common stock	$ 0	0	(739)	(739)
Other comprehensive income, net	0	(77)	0	(77)
Balance at Jun. 30, 2018	$ 43,117	(111)	30,442	$ 73,448
Balance (in shares) at Jun. 30, 2018	8,254,000			8,253,582
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				$ 1,867
Other comprehensive income, net				(38)
Balance at Jun. 30, 2018	$ 43,117	$ (111)	$ 30,442	$ 73,448
Balance (in shares) at Jun. 30, 2018	8,254,000			8,253,582

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities:
Net income	$ 3,681	$ 2,912
Adjustments to reconcile net income to cash provided by operating activities:
(Credit) provision for loan losses	(27)	264
Depreciation	353	351
Stock-based compensation	203	171
Deferred income taxes	103	297
Net accretion of discounts and premiums for investment securities	54	17
Losses/(Gains) on:
Sale of repossessed assets, net	62	(98)
Loans originated for sale and principal collections, net	2,208	483
Changes in:
Investment securities held at fair value	(23)	0
Other assets	(484)	(301)
Other liabilities	562	616
Servicing assets, net	52	49
Net cash provided by operating activities	6,744	4,761
Cash flows from investing activities:
Principal pay downs and maturities of available-for-sale securities	1,781	1,321
Purchase of available-for-sale securities	0	(9,413)
Principal pay downs and maturities of held-to-maturity securities	692	629
Loan originations and principal collections, net	(27,370)	(62,598)
Purchase of restricted stock, net	(367)	(277)
Purchase of premises and equipment, net	(748)	(1,303)
Proceeds from sale of other real estate owned and repossessed assets, net	271	243
Net cash used in investing activities	(25,741)	(71,398)
Cash flows from financing activities:
Net increase in deposits	2,919	58,044
Net increase in borrowings	25,000	12,800
Exercise of stock options	310	291
Cash dividends paid on common stock	(739)	(610)
Net cash provided by financing activities	27,490	70,525
Net increase cash and cash equivalents	8,493	3,888
Cash and cash equivalents at beginning of year	45,869	34,116
Cash and cash equivalents at end of period	54,362	38,004
Cash paid during the period for:
Interest	3,617	1,904
Income taxes	1,940	2,365
Non-cash investing and financing activity:
Transfers to other assets acquired through foreclosure, net	$ 73	$ 370

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2018
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 suggests 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, 2018 and 2017 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, 2017. 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, 2017 and for the three and six months ended June 30, 2017 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. The Company did not incur any lower of cost or fair value provision in the three and six months ended June 30, 2018 and 2017. 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”): 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 the 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, 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 changes in any of the following factors: · Concentrations of credit · International risk · Trends in volume, maturity, and composition of loans · Volume and trend in delinquency, nonaccrual, and classified assets · Economic conditions · Geographic distance · Policy and procedures or underwriting standards · Staff experience and ability · Value of underlying collateral · Competition, legal, or regulatory environment · Results of outside exams and quality of loan review and Board oversight 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 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. 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,” , Revenue Recognition. 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 has evaluated the impact of the provisions in this standard on the Company's Consolidated Financial Statements. The adoption of ASU 2016-01 on January 1, 2018 did not have material impact on the Company's Consolidated Financial Statements. In accordance with the guidance, the Company measured the fair value of its loan portfolio as of March 31, 2018 using an exit price notion (see Note 6 Fair Value Measurement 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 continues to evaluate the provisions of ASU 2016-02 to determine how our financial statements will be affected, and we believe the primary effect of adopting the new standard will be to record right-of-use assets and obligations for our leases currently classified as operating leases and does not anticipate these to be significant. 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 and has not yet determined the effect of the standard on its ongoing financial reporting. In March 2017, the FASB issued updated guidance codified within ASU-2017-08, “Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20),” which is intended to enhance the accounting for the amortization of premiums for purchased callable debt securities. The standard is effective for the Company as of January 1, 2019. The Company does not believe the standard will have a material impact on the Company’s financials. In February 2018, the FASB issued guidance codified within ASU-2018-02, "Income Statement – Reporting Comprehensive Income (Topic 220), Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income," to address the income tax accounting treatment of the standard tax effects within other comprehensive income due to the prohibition of backward tracing due to an income tax rate change that was initially recorded in other comprehensive income. This issue came about from the enactment of the Tax Cuts and Jobs Act on December 22, 2017 that changed the Company's income tax rate from 34% to 21%. The ASU changed current accounting whereby an entity may elect to reclassify the standard tax effect from accumulated other comprehensive income to retained earnings. The ASU is effective for periods beginning after December 15, 2018 although early adoption is permitted. The Company elected to early adopt ASU-2018-02 in the first quarter of 2018 and elected to reclassify the income tax effects of the Tax Act from accumulated other comprehensive income ("AOCI") to retained earnings. The reclassification did not have a material impact to the Consolidated Financial Statements.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	6 Months Ended
	Jun. 30, 2018
INVESTMENT SECURITIES [Abstract]
INVESTMENT SECURITIES	2. INVESTMENT SECURITIES The amortized cost and estimated fair value of investment securities are as follows: June 30, 2018 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 13,051 $ — $ (164 ) $ 12,887 U.S. government agency collateralized mortgage obligations ("CMO") 13,807 63 (72 ) 13,798 Total $ 26,858 $ 63 $ (236 ) $ 26,685 Securities held-to-maturity U.S. government agency mortgage backed securities ("MBS") $ 6,856 $ 147 $ (166 ) $ 6,837 Total $ 6,856 $ 147 $ (166 ) $ 6,837 Securities measured at fair value Equity securities: Farmer Mac class A stock $ 66 $ 113 $ — $ 179 Total $ 66 $ 113 $ — $ 179 December 31, 2017 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 14,035 $ 35 $ (92 ) $ 13,978 U.S. government agency collateralized mortgage obligations ("CMO") 14,641 66 (58 ) 14,649 Equity securities: Farmer Mac class A stock 66 90 — 156 Total $ 28,742 $ 191 $ (150 ) $ 28,783 Securities held-to-maturity U.S. government agency mortgage backed securities ("MBS") $ 7,565 $ 216 $ (110 ) $ 7,671 Total $ 7,565 $ 216 $ (110 ) $ 7,671 At June 30, 2018 and December 31, 2017, $33.5 million and $36.2 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 the period ends indicated were as follows: June 30, 2018 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 $ 1,928 2.6 % $ 1,436 2.1 % $ 9,523 2.6 % $ — — $ 12,887 2.5 % U.S. government agency CMO — — 3,033 2.3 % 7,838 2.5 % 2,927 2.9 % 13,798 2.5 % Total $ 1,928 2.6 % $ 4,469 2.2 % $ 17,361 2.6 % $ 2,927 2.9 % $ 26,685 2.5 % Securities held-to-maturity U.S. government agency MBS $ — — $ 1,891 3.9 % $ 4,965 3.2 % $ — — $ 6,856 3.4 % Total $ — — $ 1,891 3.9 % $ 4,965 3.2 % $ — — $ 6,856 3.4 % Securities measured at fair value Farmer Mac class A stock $ — — $ — — $ — — $ — — $ 179 — Total $ — — $ — — $ — — $ — — $ 179 — December 31, 2017 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 $ 1,967 2.6 % $ 1,833 1.6 % $ 10,178 2.0 % $ — — $ 13,978 2.0 % U.S. government agency CMO — — 3,362 1.9 % 8,361 1.9 % 2,926 2.3 % 14,649 1.9 % Farmer Mac class A stock — — — — — — — — 156 — Total $ 1,967 2.6 % $ 5,195 1.8 % $ 18,539 1.9 % $ 2,926 2.3 % $ 28,783 2.0 % Securities held-to-maturity U.S. government agency MBS $ — — $ 2,802 3.6 % $ 4,763 3.1 % $ — — $ 7,565 3.3 % Total $ — — $ 2,802 3.6 % $ 4,763 3.1 % $ — — $ 7,565 3.3 % 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, Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Securities available-for-sale (in thousands) Due in one year or less $ 1,997 $ 1,928 $ 1,997 $ 1,967 After one year through five years 4,505 4,469 5,220 5,195 After five years through ten years 17,419 17,361 18,506 18,539 After ten years 2,937 2,927 2,953 2,926 Farmer Mac class A stock — — 66 156 Total $ 26,858 $ 26,685 $ 28,742 $ 28,783 Securities held-to-maturity Due in one year or less $ — $ — $ — $ — After one year through five years 1,891 1,986 2,802 2,938 After five years through ten years 4,965 4,851 4,763 4,733 After ten years — — — — Total $ 6,856 $ 6,837 $ 7,565 $ 7,671 Securities measured at fair value Farmer Mac class A stock $ 66 $ 179 $ — $ — Total $ 66 $ 179 $ — $ — 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, 2018 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 $ 70 $ 1,927 $ 9 $ 1,436 $ 79 $ 3,363 U.S. government agency CMO 90 9,167 67 3,920 157 13,087 Total $ 160 $ 11,094 $ 76 $ 5,356 $ 236 $ 16,450 Securities held-to-maturity U.S. Government-agency MBS $ 11 $ 653 $ 154 $ 2,110 $ 165 $ 2,763 Total $ 11 $ 653 $ 154 $ 2,110 $ 165 $ 2,763 Securities measured at fair value Farmer Mac class A stock $ — $ — $ — $ — $ — $ — Total $ — $ — $ — $ — $ — $ — December 31, 2017 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 $ 70 $ 6,324 $ 22 $ 3,106 $ 92 $ 9,430 U.S. government agency CMO 8 985 50 3,430 58 4,415 Equity securities: Farmer Mac class A stock — — — — — — Total $ 78 $ 7,309 $ 72 $ 6,536 $ 150 $ 13,845 Securities held-to-maturity U.S. Government-agency MBS $ — $ — $ 110 $ 2,496 $ 110 $ 2,496 Total $ — $ — $ 110 $ 2,496 $ 110 $ 2,496 As of June 30, 2018 and December 31, 2017, there were 8 and 14 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, 2018 and December 31, 2017, 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 SALE

LOANS HELD FOR SALE	6 Months Ended
	Jun. 30, 2018
LOANS HELD FOR SALE [Abstract]
LOANS HELD FOR SALE	3. LOANS HELD FOR SALE SBA and Agriculture Loans As of June 30, 2018 and December 31, 2017, the Company had approximately $16.4 million and $18.9 million, respectively, of SBA loans included in loans held for sale. As of June 30, 2018 and December 31, 2017, the principal balance of SBA loans serviced for others was $8.4 million and $10.8 million, respectively. The Company’s agricultural lending program includes loans for agricultural land, agricultural operational lines, and agricultural term loans for crops, equipment and livestock. The primary products are supported by guarantees issued from the USDA, FSA, and the USDA Business and Industry loan program. As of June 30, 2018 and December 31, 2017, the Company had $36.5 million and $36.2 million of USDA loans included in loans held for sale, respectively. As of June 30, 2018 and December 31, 2017, the principal balance of USDA loans serviced for others was $2.0 million.

LOANS HELD FOR INVESTMENT

LOANS HELD FOR INVESTMENT	6 Months Ended
	Jun. 30, 2018
LOANS HELD FOR INVESTMENT [Abstract]
LOANS HELD FOR INVESTMENT	4. LOANS HELD FOR INVESTMENT The composition of the Company’s loans held for investment loan portfolio follows: June 30, December 31, 2018 2017 (in thousands) Manufactured housing $ 234,598 $ 223,115 Commercial real estate 364,679 354,617 Commercial 81,773 75,282 SBA 6,408 7,424 HELOC 9,502 9,422 Single family real estate 10,682 10,346 Consumer 75 83 707,717 680,289 Allowance for loan losses (8,622 ) (8,420 ) Deferred fees, net (632 ) (652 ) Discount on SBA loans (81 ) (122 ) Total loans held for investment, net $ 698,382 $ 671,095 The following table presents the contractual aging of the recorded investment in past due held for investment loans by class of loans: June 30, 2018 Current 30-59 Days Past Due 60-89 Days Past Due Over 90 Days Past Due Total Past Due Nonaccrual Total Recorded Investment Over 90 Days and Accruing (in thousands) Manufactured housing $ 234,339 $ — $ — $ — $ — $ 259 $ 234,598 $ — Commercial real estate: Commercial real estate 274,339 — — — — 112 274,451 — SBA 504 1st trust deed 26,356 — — — — 166 26,522 — Land 4,873 — — — — — 4,873 — Construction 58,833 — — — — — 58,833 — Commercial 77,888 — — — — 3,885 81,773 — SBA 5,500 19 — — 19 889 6,408 — HELOC 9,295 — — — — 207 9,502 — Single family real estate 10,472 17 25 — 42 168 10,682 — Consumer 75 — — — — — 75 — Total $ 701,970 $ 36 $ 25 $ — $ 61 $ 5,686 $ 707,717 $ — December 31, 2017 Current 30-59 Days Past Due 60-89 Days Past Due Over 90 Days Past Due Total Past Due Nonaccrual Total Recorded Investment Over 90 Days and Accruing (in thousands) Manufactured housing $ 222,342 $ 355 $ — $ — $ 355 $ 418 $ 223,115 $ — Commercial real estate: Commercial real estate 271,134 — — — — 122 271,256 — SBA 504 1st trust deed 26,463 — — — — 184 26,647 — Land 5,092 — — — — — 5,092 — Construction 51,622 — — — — — 51,622 — Commercial 70,481 15 — — 15 4,786 75,282 — SBA 6,461 19 — — 19 944 7,424 — HELOC 9,208 — — — — 214 9,422 — Single family real estate 10,170 — — — — 176 10,346 — Consumer 83 — — — — — 83 — Total $ 673,056 $ 389 $ — $ — $ 389 $ 6,844 $ 680,289 $ — 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, 2018 2017 2018 2017 (in thousands) Beginning balance $ 8,458 $ 7,785 $ 8,420 $ 7,464 Charge-offs — (52 ) (6 ) (170 ) Recoveries 47 141 235 436 Net recoveries 47 89 229 266 Provision (credit) 117 120 (27 ) 264 Ending balance $ 8,622 $ 7,994 $ 8,622 $ 7,994 As of June 30, 2018 and December 31, 2017, the Company had reserves for credit losses on undisbursed loans of $97,000 and $95,000, respectively, 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 2018 (in thousands) Beginning balance $ 2,102 $ 4,976 $ 1,127 $ 61 $ 93 $ 99 $ — $ 8,458 Charge-offs — — — — — — — — Recoveries 9 — 19 6 12 1 — 47 Net (charge-offs) recoveries 9 — 19 6 12 1 — 47 Provision (credit) 34 31 75 (10 ) (12 ) (1 ) — 117 Ending balance $ 2,145 $ 5,007 $ 1,221 $ 57 $ 93 $ 99 $ — $ 8,622 2017 Beginning balance $ 2,160 $ 4,138 $ 1,184 $ 101 $ 101 $ 101 $ — $ 7,785 Charge-offs (15 ) — — (16 ) — (21 ) — (52 ) Recoveries 65 — 68 5 2 1 — 141 Net (charge-offs) recoveries 50 — 68 (11 ) 2 (20 ) — 89 Provision (credit) (86 ) 194 10 1 (5 ) 6 — 120 Ending balance $ 2,124 $ 4,332 $ 1,262 $ 91 $ 98 $ 87 $ — $ 7,994 For the Six Months Ended June 30, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2018 (in thousands) Beginning balance $ 2,180 $ 4,844 $ 1,133 $ 73 $ 92 $ 98 $ — $ 8,420 Charge-offs (6 ) — — — — — — (6 ) Recoveries 108 15 24 68 19 1 — 235 Net (charge-offs) recoveries 102 15 24 68 19 1 — 229 Provision (credit) (137 ) 148 64 (84 ) (18 ) — — (27 ) Ending balance $ 2,145 $ 5,007 $ 1,221 $ 57 $ 93 $ 99 $ — $ 8,622 2017 Beginning balance $ 2,201 $ 3,707 $ 1,241 $ 106 $ 100 $ 109 $ — $ 7,464 Charge-offs (119 ) — — (30 ) — (21 ) — (170 ) Recoveries 68 227 72 64 4 1 — 436 Net (charge-offs) recoveries (51 ) 227 72 34 4 (20 ) — 266 Provision (credit) (26 ) 398 (51 ) (49 ) (6 ) (2 ) — 264 Ending balance $ 2,124 $ 4,332 $ 1,262 $ 91 $ 98 $ 87 $ — $ 7,994 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, 2018: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 6,442 $ 525 $ 591 $ 477 $ — $ 2,109 $ — $ 10,144 Impaired loans with no allowance recorded 1,962 — 6,787 431 207 168 — 9,555 Total loans individually evaluated for impairment 8,404 525 7,378 908 207 2,277 — 19,699 Loans collectively evaluated for impairment 226,194 364,154 74,395 5,500 9,295 8,405 75 688,018 Total loans held for investment $ 234,598 $ 364,679 $ 81,773 $ 6,408 $ 9,502 $ 10,682 $ 75 $ 707,717 Unpaid Principal Balance Impaired loans with an allowance recorded $ 6,442 $ 641 $ 591 $ 594 $ — $ 2,109 $ — $ 10,377 Impaired loans with no allowance recorded 3,080 — 6,868 673 249 216 — 11,086 Total loans individually evaluated for impairment 9,522 641 7,459 1,267 249 2,325 — 21,463 Loans collectively evaluated for impairment 226,194 364,154 74,395 5,500 9,295 8,405 75 688,018 Total loans held for investment $ 235,716 $ 364,795 $ 81,854 $ 6,767 $ 9,544 $ 10,730 $ 75 $ 709,481 Related Allowance for Credit Losses Impaired loans with an allowance recorded $ 449 $ 12 $ 11 $ 2 $ — $ 33 $ — $ 507 Impaired loans with no allowance recorded — — — — — — — — Total loans individually evaluated for impairment 449 12 11 2 — 33 — 507 Loans collectively evaluated for impairment 1,696 4,995 1,210 55 93 66 — 8,115 Total loans held for investment $ 2,145 $ 5,007 $ 1,221 $ 57 $ 93 $ 99 $ — $ 8,622 Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total Loans Loans Held for Investment as of December 31, 2017: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 5,830 $ 557 $ 3,551 $ 281 $ — $ 2,133 $ — $ 12,352 Impaired loans with no allowance recorded 2,163 — 5,023 699 214 176 — 8,275 Total loans individually evaluated for impairment 7,993 557 8,574 980 214 2,309 — 20,627 Loans collectively evaluated for impairment 215,122 354,060 66,708 6,444 9,208 8,037 83 659,662 Total loans held for investment $ 223,115 $ 354,617 $ 75,282 $ 7,424 $ 9,422 $ 10,346 $ 83 $ 680,289 Unpaid Principal Balance Impaired loans with an allowance recorded $ 5,836 $ 661 $ 3,551 $ 281 $ — $ 2,133 $ — $ 12,462 Impaired loans with no allowance recorded 3,328 — 5,042 1,026 249 220 — 9,865 Total loans individually evaluated for impairment 9,164 661 8,593 1,307 249 2,353 — 22,327 Loans collectively evaluated for impairment 215,122 354,060 66,708 6,444 9,208 8,037 83 659,662 Total loans held for investment $ 224,286 $ 354,721 $ 75,301 $ 7,751 $ 9,457 $ 10,390 $ 83 $ 681,989 Related Allowance for Credit Losses Impaired loans with an allowance recorded $ 427 $ 11 $ 50 $ 1 $ — $ 35 $ — $ 524 Impaired loans with no allowance recorded — — — — — — — — Total loans individually evaluated for impairment 427 11 50 1 — 35 — 524 Loans collectively evaluated for impairment 1,753 4,833 1,083 72 92 63 — 7,896 Total loans held for investment $ 2,180 $ 4,844 $ 1,133 $ 73 $ 92 $ 98 $ — $ 8,420 Included in impaired loans are $2.3 million and $2.6 million of loans guaranteed by government agencies at June 30, 2018 and December 31, 2017, 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, 2018 and December 31, 2017. The table below reflects recorded investment in loans classified as impaired: June 30, December 31, (in thousands) Impaired loans with a specific valuation allowance under ASC 310 $ 10,144 $ 12,352 Impaired loans without a specific valuation allowance under ASC 310 9,555 8,275 Total impaired loans $ 19,699 $ 20,627 Valuation allowance related to impaired loans $ 507 $ 524 The following table summarizes impaired loans by class of loans: June 30, December 31, (in thousands) Manufactured housing $ 8,404 $ 7,993 Commercial real estate : Commercial real estate 112 122 SBA 504 1st trust deed 413 435 Land — — Construction — — Commercial 7,378 8,574 SBA 908 980 HELOC 207 214 Single family real estate 2,277 2,309 Consumer — — Total $ 19,699 $ 20,627 The following tables summarize average investment in impaired loans by class of loans and the related interest income recognized: Three Months Ended June 30, 2018 2017 Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income (in thousands) Manufactured housing $ 8,278 $ 173 $ 7,738 $ 162 Commercial real estate: Commercial real estate 113 — 124 — SBA 504 1st trust deed 413 5 642 5 Land — — — — Construction — — — — Commercial 7,537 49 4,155 50 SBA 914 — 868 1 HELOC 205 — 331 — Single family real estate 2,251 27 1,983 25 Consumer — — — — Total $ 19,711 $ 254 $ 15,841 $ 243 Six Months Ended June 30, 2018 2017 Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income (in thousands) Manufactured housing $ 8,190 $ 335 $ 7,683 $ 314 Commercial real estate: Commercial real estate 116 — 126 — SBA 504 1st trust deed 420 10 566 10 Land — — — — Construction — — — — Commercial 7,885 98 4,392 101 SBA 937 1 808 2 HELOC 208 — 300 — Single family real estate 2,272 54 1,985 50 Consumer — — — — Total $ 20,028 $ 498 $ 15,860 $ 477 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, (in thousands) Nonaccrual loans $ 5,686 $ 6,844 Government guaranteed portion of loans included above $ 1,982 $ 2,372 Troubled debt restructured loans, gross $ 18,080 $ 16,603 Loans 30 through 89 days past due with interest accruing $ 61 $ 389 Loans 90 days or more past due with interest accruing $ — $ — Allowance for loan losses to gross loans held for investment 1.22 % 1.24 % 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 and was $ million. Foregone interest on nonaccrual and TDR loans for the and was $ and $ , respectively. The following table presents the composition of nonaccrual loans by class of loans: June 30, December 31, (in thousands) Manufactured housing $ 259 $ 418 Commercial real estate: Commercial real estate 112 122 SBA 504 1st trust deed 166 184 Land — — Construction — — Commercial 3,885 4,786 SBA 889 944 HELOC 207 214 Single family real estate 168 176 Consumer — — Total $ 5,686 $ 6,844 Included in nonaccrual loans are $2.0 million of loans guaranteed by government agencies at June 30, 2018 and $2.4 million at December 31, 2017. 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”. 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, 2018 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 234,077 $ — $ 521 $ — $ 234,598 Commercial real estate: Commercial real estate 274,340 — 112 — 274,452 SBA 504 1st trust deed 25,873 — 648 — 26,521 Land 4,873 — — — 4,873 Construction 58,833 — — — 58,833 Commercial 74,017 660 5,605 — 80,282 SBA 4,644 100 384 — 5,128 HELOC 9,295 — 207 — 9,502 Single family real estate 10,509 — 173 — 10,682 Consumer 75 — — — 75 Total, net 696,536 760 7,650 — 704,946 Government guarantee — — 2,771 — 2,771 Total $ 696,536 $ 760 $ 10,421 $ — $ 707,717 December 31, 2017 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 222,429 $ — $ 686 $ — $ 223,115 Commercial real estate: Commercial real estate 271,134 — 122 — 271,256 SBA 504 1st trust deed 25,973 — 674 — 26,647 Land 5,092 — — — 5,092 Construction 49,832 1,790 — — 51,622 Commercial 64,543 817 8,083 — 73,443 SBA 4,221 102 1,752 6,075 HELOC 9,208 — 214 — 9,422 Single family real estate 10,165 — 181 — 10,346 Consumer 83 — — — 83 Total, net 662,680 2,709 11,712 $ — 677,101 Government guarantee — — 3,188 — 3,188 Total $ 662,680 $ 2,709 $ 14,900 $ — $ 680,289 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, 2018 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 $ 447 $ 447 $ 447 $ 447 $ 26 Total 5 $ 447 $ 447 $ 447 $ 447 $ 26 For the Six Months Ended June 30, 2018 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 $ 1,047 $ 1,047 $ 1,047 $ 1,047 $ 63 Commercial 3 1,781 1,781 — 1,781 — Total 13 $ 2,828 $ 2,828 $ 1,047 $ 2,828 $ 63 For the Three Months Ended June 30, 2017 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 4 $ 189 $ 189 $ 189 $ 189 $ 6 Total 4 $ 189 $ 189 $ 189 $ 189 $ 6 For the Six Months Ended June 30, 2017 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 7 $ 444 $ 444 $ 444 $ 444 $ 21 SBA 1 $ 88 $ 88 $ — $ 88 $ 2 HELOC 1 $ 17 $ 17 $ — $ 17 $ 1 Total 9 $ 549 $ 549 $ 444 $ 549 $ 24 The average rate concessions were 100 basis points and 76 basis points, for the three and six months ended June 30, 2018 and 94 basis points and 96 basis points for the three and six months ended June 30, 2017, respectively. The average term extension in months was 181 and 147 for the three and six months ended June 30, 2018 and 180 and 142 for the three and six months ended June 30, 2017, respectively. A TDR loan is deemed to have a payment default when the borrower fails to make 2 consecutive payments or the collateral is transferred to repossessed assets. The Company had no TDR’s with payment defaults for the three or six months ended June 30, 2018 or 2017. At June 30, 2018 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, 2018
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE [Abstract]
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE	5. 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, 2018 2017 2018 2017 (in thousands) Balance, beginning of period $ 233 $ 145 $ 372 $ 137 Additions 73 252 174 370 Proceeds from dispositions (57 ) (135 ) (271 ) (243 ) (Loss) gain on sales, net (36 ) 100 (62 ) 98 Balance, end of period $ 213 $ 362 $ 213 $ 362

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	6 Months Ended
	Jun. 30, 2018
FAIR VALUE MEASUREMENT [Abstract]
FAIR VALUE MEASUREMENT	6. 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, 2018 and December 31, 2017. The estimated fair value amounts for June 30, 2018 and December 31, 2017 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: Fair Value Measurements at the End of the Reporting Period Using: June 30, 2018 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 $ 179 $ 26,685 $ — $ 26,864 Interest only strips — — 75 75 Servicing assets — — 60 60 $ 179 $ 26,685 $ 135 $ 26,999 Fair Value Measurements at the End of the Reporting Period Using: December 31, 2017 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 $ 156 $ 28,627 $ — $ 28,783 Interest only strips — — 87 87 Servicing assets — — 97 97 $ 156 $ 28,627 $ 184 $ 28,967 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) June 30, 2018: Impaired loans $ 4,915 $ — $ 4,915 $ — Loans held for sale 52,886 — 52,886 — Foreclosed real estate and repossessed assets 213 — 213 — $ 58,014 $ — $ 58,014 $ — 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) December 31, 2017: Impaired loans $ 6,323 $ — $ 6,323 $ — Loans held for sale 56,222 — 56,222 — Foreclosed real estate and repossessed assets 372 — 372 — $ 62,917 — 62,917 — 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, 2018 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 54,362 $ 54,362 $ — $ — $ 54,362 FRB and FHLB stock 4,087 — 4,087 — 4,087 Investment securities 33,720 179 33,522 — 33,701 Loans, net 751,268 — 732,568 14,562 747,130 Financial liabilities: Deposits 702,603 — 701,534 — 701,534 Other borrowings 81,843 — 81,714 — 81,714 December 31, 2017 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 45,869 $ 45,869 $ — $ — $ 45,869 FRB and FHLB stock 3,720 — 3,720 — 3,720 Investment securities 36,348 156 36,298 — 36,454 Loans, net 726,189 — 705,723 13,779 719,502 Financial liabilities: Deposits 699,684 — 699,211 — 699,211 Other borrowings 56,843 — 56,842 — 56,842 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 maintains 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, 2018 and December 31, 2017, the Company had loans held for sale with an aggregate carrying value of $52.9 million and $55.1 million respectively. Loans Fair value of loans is estimated by calculating loan level fair values for all loans utilizing a discounted cash flow methodology incorporating “exit pricing” analytics in conformance with ASU 2016-01. All active loans were valued in the portfolio as of date of exercise, excluding any loans held for sale, and utilized assumptions such as probability of default, loss given default, recovery delay and prepayment assumptions. Fair value was calculated in accordance with ASC 820. 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, 2018 or at December 31, 2017. Unfunded loan commitments at June 30, 2018 and December 31, 2017 were $70.5 million and $68.8 million, respectively.

OTHER BORROWINGS

OTHER BORROWINGS	6 Months Ended
	Jun. 30, 2018
OTHER BORROWINGS [Abstract]
OTHER BORROWINGS	7. OTHER BORROWINGS Federal Home Loan Bank Advances – Federal Reserve Bank – Federal Funds Purchased Lines – Line of Credit

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
	Jun. 30, 2018
STOCKHOLDERS' EQUITY [Abstract]
STOCKHOLDERS' EQUITY	8. 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, 2018 2017 2018 2017 Unrealized holding gains (losses) on AFS Unrealized holding gains (losses) on AFS (in thousands) Beginning balance $ (73 ) $ (29 ) $ 25 $ (29 ) Other comprehensive income before reclassifications (38 ) 116 (77 ) 116 Amounts reclassified from accumulated other comprehensive income — — (59 ) — Net current-period other comprehensive income (38 ) 116 (136 ) 116 Ending Balance $ (111 ) $ 87 $ (111 ) $ 87 The adoption of ASU-2018-02 during the first quarter of 2018 created a $6,000 reclassification within accumulated other comprehensive income to retained earnings. The Company also recorded a $53,000 adjustment during the first quarter of 2018 from AOCI to retained earnings on adoption of ASU 2016-01. Common Stock On August 24, 2017, the Board of Directors extended the common stock repurchase program of up to $3.0 million for two additional years. Under this program the Company has repurchased 187,569 common stock shares for $1.4 million at an average price of $7.25 per share. There were no repurchases of common stock under this program during the three or six months ended June 30, 2018. During the three and six months ended June 30, 2018, the Company paid common stock dividends of $0.4 million and $0.7 million, respectively. During the three and six months ended June 30, 2017, the Company paid common stock dividends of $0.3 million and $0.6 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.

CAPITAL REQUIREMENT

CAPITAL REQUIREMENT	6 Months Ended
	Jun. 30, 2018
CAPITAL REQUIREMENT [Abstract]
CAPITAL REQUIREMENT	9. CAPITAL REQUIREMENT The Federal Reserve has adopted capital adequacy guidelines that are used to assess the adequacy of capital in supervising a bank holding company. In July 2013, the federal banking agencies approved the final rules (“Final Rules”) to establish a new comprehensive regulatory capital framework with a phase-in period beginning January 1, 2015 and ending January 1, 2019. The Final Rules implement the third installment of the Basel Accords (“Basel III”) regulatory capital reforms and changes required by the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) and substantially amend the regulatory risk-based capital rules applicable to the Company. Basel III redefines the regulatory capital elements and minimum capital ratios, introduces regulatory capital buffers above those minimums, revises rules for calculating risk-weighted assets and adds a new component of Tier 1 capital called Common Equity Tier 1, which includes common equity and retained earnings and excludes preferred equity. The following tables illustrates the Bank’s regulatory ratios and the Federal Reserve’s current adequacy guidelines as of June 30, 2018 and December 31, 2017. The Federal Reserve’s fully phased-in guidelines applicable in 2019 are also summarized. Total Capital (To Risk- Weighted Assets) Tier 1 Capital (To Risk- Weighted Assets) Common Equity Tier 1 (To Risk- Weighted Assets) Leverage Ratio/Tier 1 Capital (To Average Assets) June 30, 2018 CWB's actual regulatory ratios 11.28 % 10.10 % 10.10 % 8.88 % Minimum capital requirements 8.00 % 6.00 % 4.50 % 4.00 % Well-capitalized requirements 10.00 % 8.00 % 6.50 % 5.00 % Minimum capital requirements including fully-phased in capital conservation buffer (2019) 10.50 % 8.50 % 7.00 % N/A Total Capital (To Risk- Weighted Assets) Tier 1 Capital (To Risk- Weighted Assets) Common Equity Tier 1 (To Risk- Weighted Assets) Leverage Ratio/Tier 1 Capital (To Average Assets) December 31, 2017 CWB's actual regulatory ratios 11.31 % 10.10 % 10.10 % 8.83 % Minimum capital requirements 8.00 % 6.00 % 4.50 % 4.00 % Well-capitalized requirements 10.00 % 8.00 % 6.50 % 5.00 % Minimum capital requirements including fully-phased in capital conservation buffer (2019) 10.50 % 8.50 % 7.00 % N/A The Company has evaluated the impact of the Final Rules and believes that, as of June 30, 2018, the Company would meet all capital adequacy requirements under the Basel III capital rules on a fully phased-in basis as if all such requirements were currently in effect. There are no conditions or events since June 30, 2018 that management believes have changed the Company’s or the Bank’s risk-based capital category.

REVENUE RECOGNITION

REVENUE RECOGNITION	6 Months Ended
	Jun. 30, 2018
REVENUE RECOGNITION [Abstract]
REVENUE RECOGNITION	10. REVENUE RECOGNITION The Company adopted ASU No, 2014-09 “Revenue from Contracts with Customers” (Topic 606) and all subsequent ASUs that modified Topic 606 on January 1, 2018. The implementation of the new standard did not have a material impact on the measurement or recognition of revenue; as such, a cumulative effect adjustment to opening retained earnings was not deemed necessary. Results for reporting periods beginning after January 1, 2018 are presented under Topic 606, while prior period amounts were not adjusted and continue to be reported in accordance with our historic accounting under Topic 605. Topic 606 does not apply to revenue associated with financial instruments, including revenue from loans and securities. In addition, certain non-interest income streams such as servicing rights, financial guarantees and certain credit card fees are also not in scope of the new guidance. Topic 606 is applicable to non-interest income streams such as deposit related fees, interchange fees and merchant income. However the recognition of these income streams did not change upon the adoption of Topic 606. Substantially all of the Company’s revenue is generated from contracts with customers. Non-interest revenue streams in-scope of Topic 606 are discussed below. Service Charges on Deposit Accounts Service charges on deposit accounts consist of monthly service fees, check orders, account analysis fees, and other deposit account related fees. The Company’s performance obligation for monthly service fees and account analysis fees is generally satisfied, and the related income recognized, over the period in which the service is provided. Check orders and other deposit related fees are largely transactional based and therefore, the Company’s performance obligation is satisfied and related income recognized, at a point in time. Payment for service charges on deposit accounts is primarily received immediately or in the following month through a direct charge to customers’ accounts. Exchange Fees and Other Service Charges Exchange fees and other service charges are primarily comprised of debit and credit card income, merchant services income, ATM fees and other service charges. Debit and credit card income is primarily comprised of interchange fees earned whenever the Company’s debit and credit cards are processed through card payment networks such as Visa or MasterCard. Merchant services income is primarily fees charged to merchants to process their debit and credit card transactions. ATM fees are primarily generated when a Company cardholder uses a non-Company ATM or a non-Company cardholder uses a Company ATM. Other service charges include fees from processing wire transfers, cashier’s checks and other services. The Company’s performance obligation for exchange and other service charges are largely satisfied, and related revenue recognized, when the services are rendered or upon completion. Payment is typically received immediately or in the following month. The following table presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for periods indicated. Non-interest income Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 In-scope of Topic 606: (in thousands) Service charges on deposit accounts $ 94 $ 85 $ 186 $ 159 Exchange fees and other service charges 52 36 99 67 Non-interest income (in-scope of Topic 606) 146 121 285 226 Non-interest income (out-of-scope of Topic 606) 542 576 1,042 1,112 $ 688 $ 697 $ 1,327 $ 1,338 Contract Balances A contract asset balance occurs when an entity performs a service for a customer before the customer pays consideration (resulting in a contract receivable) or before payment is due (resulting in a contract asset). A contract liability balance is an entity’s obligation to transfer a service to a customer for which the entity has already received payment (or payment is due) from the customer. The Company’s non-interest income streams are largely based on transactional activity. Consideration is often received immediately or shortly after the Company satisfies its performance obligation and income is recognized. The Company does not typically enter into long-term revenue contracts with customers, and therefore, does not experience significant contract balances. As of June 30, 2018 and December 31, 2017, the Company did not have any signficant contract balances. Contract Acquisition Costs In connection with the adoption of Topic 606, an entity is required to capitalize, and subsequently amortize into expense, certain incremental costs of obtaining a contract with a customer if these costs are expected to be recovered. The incremental costs of obtaining a contract are those costs that an entity incurs to obtain a contract with a customer that it would not have incurred if the contract had not been obtained. The Company utilizes the practical expedient which allows entities to immediately expense contract acquisition costs when the asset that would have resulted from capitalizing these costs would have been amortized in one year or less. Upon adoption of Topic 606, the Company did not capitalize any contract acquisition cost.

SUMMARY OF SIGNIFICANT ACCOUN19

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2018
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 suggests 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, 2018 and 2017 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, 2017. 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, 2017 and for the three and six months ended June 30, 2017 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. The Company did not incur any lower of cost or fair value provision in the three and six months ended June 30, 2018 and 2017.
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”):
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 the 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, 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 changes in any of the following factors: · Concentrations of credit · International risk · Trends in volume, maturity, and composition of loans · Volume and trend in delinquency, nonaccrual, and classified assets · Economic conditions · Geographic distance · Policy and procedures or underwriting standards · Staff experience and ability · Value of underlying collateral · Competition, legal, or regulatory environment · Results of outside exams and quality of loan review and Board oversight
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 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. 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,” , Revenue Recognition. 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 has evaluated the impact of the provisions in this standard on the Company's Consolidated Financial Statements. The adoption of ASU 2016-01 on January 1, 2018 did not have material impact on the Company's Consolidated Financial Statements. In accordance with the guidance, the Company measured the fair value of its loan portfolio as of March 31, 2018 using an exit price notion (see Note 6 Fair Value Measurement 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 continues to evaluate the provisions of ASU 2016-02 to determine how our financial statements will be affected, and we believe the primary effect of adopting the new standard will be to record right-of-use assets and obligations for our leases currently classified as operating leases and does not anticipate these to be significant. 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 and has not yet determined the effect of the standard on its ongoing financial reporting. In March 2017, the FASB issued updated guidance codified within ASU-2017-08, “Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20),” which is intended to enhance the accounting for the amortization of premiums for purchased callable debt securities. The standard is effective for the Company as of January 1, 2019. The Company does not believe the standard will have a material impact on the Company’s financials. In February 2018, the FASB issued guidance codified within ASU-2018-02, "Income Statement – Reporting Comprehensive Income (Topic 220), Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income," to address the income tax accounting treatment of the standard tax effects within other comprehensive income due to the prohibition of backward tracing due to an income tax rate change that was initially recorded in other comprehensive income. This issue came about from the enactment of the Tax Cuts and Jobs Act on December 22, 2017 that changed the Company's income tax rate from 34% to 21%. The ASU changed current accounting whereby an entity may elect to reclassify the standard tax effect from accumulated other comprehensive income to retained earnings. The ASU is effective for periods beginning after December 15, 2018 although early adoption is permitted. The Company elected to early adopt ASU-2018-02 in the first quarter of 2018 and elected to reclassify the income tax effects of the Tax Act from accumulated other comprehensive income ("AOCI") to retained earnings. The reclassification did not have a material impact to the Consolidated Financial Statements.

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2018
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, 2018 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 13,051 $ — $ (164 ) $ 12,887 U.S. government agency collateralized mortgage obligations ("CMO") 13,807 63 (72 ) 13,798 Total $ 26,858 $ 63 $ (236 ) $ 26,685 Securities held-to-maturity U.S. government agency mortgage backed securities ("MBS") $ 6,856 $ 147 $ (166 ) $ 6,837 Total $ 6,856 $ 147 $ (166 ) $ 6,837 Securities measured at fair value Equity securities: Farmer Mac class A stock $ 66 $ 113 $ — $ 179 Total $ 66 $ 113 $ — $ 179 December 31, 2017 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 14,035 $ 35 $ (92 ) $ 13,978 U.S. government agency collateralized mortgage obligations ("CMO") 14,641 66 (58 ) 14,649 Equity securities: Farmer Mac class A stock 66 90 — 156 Total $ 28,742 $ 191 $ (150 ) $ 28,783 Securities held-to-maturity U.S. government agency mortgage backed securities ("MBS") $ 7,565 $ 216 $ (110 ) $ 7,671 Total $ 7,565 $ 216 $ (110 ) $ 7,671
Maturity Periods and Weighted Average Yields of Investment Securities	The maturity periods and weighted average yields of investment securities at the period ends indicated were as follows: June 30, 2018 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 $ 1,928 2.6 % $ 1,436 2.1 % $ 9,523 2.6 % $ — — $ 12,887 2.5 % U.S. government agency CMO — — 3,033 2.3 % 7,838 2.5 % 2,927 2.9 % 13,798 2.5 % Total $ 1,928 2.6 % $ 4,469 2.2 % $ 17,361 2.6 % $ 2,927 2.9 % $ 26,685 2.5 % Securities held-to-maturity U.S. government agency MBS $ — — $ 1,891 3.9 % $ 4,965 3.2 % $ — — $ 6,856 3.4 % Total $ — — $ 1,891 3.9 % $ 4,965 3.2 % $ — — $ 6,856 3.4 % Securities measured at fair value Farmer Mac class A stock $ — — $ — — $ — — $ — — $ 179 — Total $ — — $ — — $ — — $ — — $ 179 — December 31, 2017 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 $ 1,967 2.6 % $ 1,833 1.6 % $ 10,178 2.0 % $ — — $ 13,978 2.0 % U.S. government agency CMO — — 3,362 1.9 % 8,361 1.9 % 2,926 2.3 % 14,649 1.9 % Farmer Mac class A stock — — — — — — — — 156 — Total $ 1,967 2.6 % $ 5,195 1.8 % $ 18,539 1.9 % $ 2,926 2.3 % $ 28,783 2.0 % Securities held-to-maturity U.S. government agency MBS $ — — $ 2,802 3.6 % $ 4,763 3.1 % $ — — $ 7,565 3.3 % Total $ — — $ 2,802 3.6 % $ 4,763 3.1 % $ — — $ 7,565 3.3 %
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, Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Securities available-for-sale (in thousands) Due in one year or less $ 1,997 $ 1,928 $ 1,997 $ 1,967 After one year through five years 4,505 4,469 5,220 5,195 After five years through ten years 17,419 17,361 18,506 18,539 After ten years 2,937 2,927 2,953 2,926 Farmer Mac class A stock — — 66 156 Total $ 26,858 $ 26,685 $ 28,742 $ 28,783 Securities held-to-maturity Due in one year or less $ — $ — $ — $ — After one year through five years 1,891 1,986 2,802 2,938 After five years through ten years 4,965 4,851 4,763 4,733 After ten years — — — — Total $ 6,856 $ 6,837 $ 7,565 $ 7,671 Securities measured at fair value Farmer Mac class A stock $ 66 $ 179 $ — $ — Total $ 66 $ 179 $ — $ —
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, 2018 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 $ 70 $ 1,927 $ 9 $ 1,436 $ 79 $ 3,363 U.S. government agency CMO 90 9,167 67 3,920 157 13,087 Total $ 160 $ 11,094 $ 76 $ 5,356 $ 236 $ 16,450 Securities held-to-maturity U.S. Government-agency MBS $ 11 $ 653 $ 154 $ 2,110 $ 165 $ 2,763 Total $ 11 $ 653 $ 154 $ 2,110 $ 165 $ 2,763 Securities measured at fair value Farmer Mac class A stock $ — $ — $ — $ — $ — $ — Total $ — $ — $ — $ — $ — $ — December 31, 2017 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 $ 70 $ 6,324 $ 22 $ 3,106 $ 92 $ 9,430 U.S. government agency CMO 8 985 50 3,430 58 4,415 Equity securities: Farmer Mac class A stock — — — — — — Total $ 78 $ 7,309 $ 72 $ 6,536 $ 150 $ 13,845 Securities held-to-maturity U.S. Government-agency MBS $ — $ — $ 110 $ 2,496 $ 110 $ 2,496 Total $ — $ — $ 110 $ 2,496 $ 110 $ 2,496

LOANS HELD FOR INVESTMENT (Tabl

LOANS HELD FOR INVESTMENT (Tables)	6 Months Ended
	Jun. 30, 2018
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, 2018 2017 (in thousands) Manufactured housing $ 234,598 $ 223,115 Commercial real estate 364,679 354,617 Commercial 81,773 75,282 SBA 6,408 7,424 HELOC 9,502 9,422 Single family real estate 10,682 10,346 Consumer 75 83 707,717 680,289 Allowance for loan losses (8,622 ) (8,420 ) Deferred fees, net (632 ) (652 ) Discount on SBA loans (81 ) (122 ) Total loans held for investment, net $ 698,382 $ 671,095
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, 2018 Current 30-59 Days Past Due 60-89 Days Past Due Over 90 Days Past Due Total Past Due Nonaccrual Total Recorded Investment Over 90 Days and Accruing (in thousands) Manufactured housing $ 234,339 $ — $ — $ — $ — $ 259 $ 234,598 $ — Commercial real estate: Commercial real estate 274,339 — — — — 112 274,451 — SBA 504 1st trust deed 26,356 — — — — 166 26,522 — Land 4,873 — — — — — 4,873 — Construction 58,833 — — — — — 58,833 — Commercial 77,888 — — — — 3,885 81,773 — SBA 5,500 19 — — 19 889 6,408 — HELOC 9,295 — — — — 207 9,502 — Single family real estate 10,472 17 25 — 42 168 10,682 — Consumer 75 — — — — — 75 — Total $ 701,970 $ 36 $ 25 $ — $ 61 $ 5,686 $ 707,717 $ — December 31, 2017 Current 30-59 Days Past Due 60-89 Days Past Due Over 90 Days Past Due Total Past Due Nonaccrual Total Recorded Investment Over 90 Days and Accruing (in thousands) Manufactured housing $ 222,342 $ 355 $ — $ — $ 355 $ 418 $ 223,115 $ — Commercial real estate: Commercial real estate 271,134 — — — — 122 271,256 — SBA 504 1st trust deed 26,463 — — — — 184 26,647 — Land 5,092 — — — — — 5,092 — Construction 51,622 — — — — — 51,622 — Commercial 70,481 15 — — 15 4,786 75,282 — SBA 6,461 19 — — 19 944 7,424 — HELOC 9,208 — — — — 214 9,422 — Single family real estate 10,170 — — — — 176 10,346 — Consumer 83 — — — — — 83 — Total $ 673,056 $ 389 $ — $ — $ 389 $ 6,844 $ 680,289 $ —
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, 2018 2017 2018 2017 (in thousands) Beginning balance $ 8,458 $ 7,785 $ 8,420 $ 7,464 Charge-offs — (52 ) (6 ) (170 ) Recoveries 47 141 235 436 Net recoveries 47 89 229 266 Provision (credit) 117 120 (27 ) 264 Ending balance $ 8,622 $ 7,994 $ 8,622 $ 7,994 As of June 30, 2018 and December 31, 2017, the Company had reserves for credit losses on undisbursed loans of $97,000 and $95,000, respectively, 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 2018 (in thousands) Beginning balance $ 2,102 $ 4,976 $ 1,127 $ 61 $ 93 $ 99 $ — $ 8,458 Charge-offs — — — — — — — — Recoveries 9 — 19 6 12 1 — 47 Net (charge-offs) recoveries 9 — 19 6 12 1 — 47 Provision (credit) 34 31 75 (10 ) (12 ) (1 ) — 117 Ending balance $ 2,145 $ 5,007 $ 1,221 $ 57 $ 93 $ 99 $ — $ 8,622 2017 Beginning balance $ 2,160 $ 4,138 $ 1,184 $ 101 $ 101 $ 101 $ — $ 7,785 Charge-offs (15 ) — — (16 ) — (21 ) — (52 ) Recoveries 65 — 68 5 2 1 — 141 Net (charge-offs) recoveries 50 — 68 (11 ) 2 (20 ) — 89 Provision (credit) (86 ) 194 10 1 (5 ) 6 — 120 Ending balance $ 2,124 $ 4,332 $ 1,262 $ 91 $ 98 $ 87 $ — $ 7,994 For the Six Months Ended June 30, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2018 (in thousands) Beginning balance $ 2,180 $ 4,844 $ 1,133 $ 73 $ 92 $ 98 $ — $ 8,420 Charge-offs (6 ) — — — — — — (6 ) Recoveries 108 15 24 68 19 1 — 235 Net (charge-offs) recoveries 102 15 24 68 19 1 — 229 Provision (credit) (137 ) 148 64 (84 ) (18 ) — — (27 ) Ending balance $ 2,145 $ 5,007 $ 1,221 $ 57 $ 93 $ 99 $ — $ 8,622 2017 Beginning balance $ 2,201 $ 3,707 $ 1,241 $ 106 $ 100 $ 109 $ — $ 7,464 Charge-offs (119 ) — — (30 ) — (21 ) — (170 ) Recoveries 68 227 72 64 4 1 — 436 Net (charge-offs) recoveries (51 ) 227 72 34 4 (20 ) — 266 Provision (credit) (26 ) 398 (51 ) (49 ) (6 ) (2 ) — 264 Ending balance $ 2,124 $ 4,332 $ 1,262 $ 91 $ 98 $ 87 $ — $ 7,994
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, 2018: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 6,442 $ 525 $ 591 $ 477 $ — $ 2,109 $ — $ 10,144 Impaired loans with no allowance recorded 1,962 — 6,787 431 207 168 — 9,555 Total loans individually evaluated for impairment 8,404 525 7,378 908 207 2,277 — 19,699 Loans collectively evaluated for impairment 226,194 364,154 74,395 5,500 9,295 8,405 75 688,018 Total loans held for investment $ 234,598 $ 364,679 $ 81,773 $ 6,408 $ 9,502 $ 10,682 $ 75 $ 707,717 Unpaid Principal Balance Impaired loans with an allowance recorded $ 6,442 $ 641 $ 591 $ 594 $ — $ 2,109 $ — $ 10,377 Impaired loans with no allowance recorded 3,080 — 6,868 673 249 216 — 11,086 Total loans individually evaluated for impairment 9,522 641 7,459 1,267 249 2,325 — 21,463 Loans collectively evaluated for impairment 226,194 364,154 74,395 5,500 9,295 8,405 75 688,018 Total loans held for investment $ 235,716 $ 364,795 $ 81,854 $ 6,767 $ 9,544 $ 10,730 $ 75 $ 709,481 Related Allowance for Credit Losses Impaired loans with an allowance recorded $ 449 $ 12 $ 11 $ 2 $ — $ 33 $ — $ 507 Impaired loans with no allowance recorded — — — — — — — — Total loans individually evaluated for impairment 449 12 11 2 — 33 — 507 Loans collectively evaluated for impairment 1,696 4,995 1,210 55 93 66 — 8,115 Total loans held for investment $ 2,145 $ 5,007 $ 1,221 $ 57 $ 93 $ 99 $ — $ 8,622 Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total Loans Loans Held for Investment as of December 31, 2017: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 5,830 $ 557 $ 3,551 $ 281 $ — $ 2,133 $ — $ 12,352 Impaired loans with no allowance recorded 2,163 — 5,023 699 214 176 — 8,275 Total loans individually evaluated for impairment 7,993 557 8,574 980 214 2,309 — 20,627 Loans collectively evaluated for impairment 215,122 354,060 66,708 6,444 9,208 8,037 83 659,662 Total loans held for investment $ 223,115 $ 354,617 $ 75,282 $ 7,424 $ 9,422 $ 10,346 $ 83 $ 680,289 Unpaid Principal Balance Impaired loans with an allowance recorded $ 5,836 $ 661 $ 3,551 $ 281 $ — $ 2,133 $ — $ 12,462 Impaired loans with no allowance recorded 3,328 — 5,042 1,026 249 220 — 9,865 Total loans individually evaluated for impairment 9,164 661 8,593 1,307 249 2,353 — 22,327 Loans collectively evaluated for impairment 215,122 354,060 66,708 6,444 9,208 8,037 83 659,662 Total loans held for investment $ 224,286 $ 354,721 $ 75,301 $ 7,751 $ 9,457 $ 10,390 $ 83 $ 681,989 Related Allowance for Credit Losses Impaired loans with an allowance recorded $ 427 $ 11 $ 50 $ 1 $ — $ 35 $ — $ 524 Impaired loans with no allowance recorded — — — — — — — — Total loans individually evaluated for impairment 427 11 50 1 — 35 — 524 Loans collectively evaluated for impairment 1,753 4,833 1,083 72 92 63 — 7,896 Total loans held for investment $ 2,180 $ 4,844 $ 1,133 $ 73 $ 92 $ 98 $ — $ 8,420
Recorded Investment in Loans Classified as Impaired	The table below reflects recorded investment in loans classified as impaired: June 30, December 31, (in thousands) Impaired loans with a specific valuation allowance under ASC 310 $ 10,144 $ 12,352 Impaired loans without a specific valuation allowance under ASC 310 9,555 8,275 Total impaired loans $ 19,699 $ 20,627 Valuation allowance related to impaired loans $ 507 $ 524
Impaired Loans by Class	The following table summarizes impaired loans by class of loans: June 30, December 31, (in thousands) Manufactured housing $ 8,404 $ 7,993 Commercial real estate : Commercial real estate 112 122 SBA 504 1st trust deed 413 435 Land — — Construction — — Commercial 7,378 8,574 SBA 908 980 HELOC 207 214 Single family real estate 2,277 2,309 Consumer — — Total $ 19,699 $ 20,627
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, 2018 2017 Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income (in thousands) Manufactured housing $ 8,278 $ 173 $ 7,738 $ 162 Commercial real estate: Commercial real estate 113 — 124 — SBA 504 1st trust deed 413 5 642 5 Land — — — — Construction — — — — Commercial 7,537 49 4,155 50 SBA 914 — 868 1 HELOC 205 — 331 — Single family real estate 2,251 27 1,983 25 Consumer — — — — Total $ 19,711 $ 254 $ 15,841 $ 243 Six Months Ended June 30, 2018 2017 Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income (in thousands) Manufactured housing $ 8,190 $ 335 $ 7,683 $ 314 Commercial real estate: Commercial real estate 116 — 126 — SBA 504 1st trust deed 420 10 566 10 Land — — — — Construction — — — — Commercial 7,885 98 4,392 101 SBA 937 1 808 2 HELOC 208 — 300 — Single family real estate 2,272 54 1,985 50 Consumer — — — — Total $ 20,028 $ 498 $ 15,860 $ 477
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, (in thousands) Nonaccrual loans $ 5,686 $ 6,844 Government guaranteed portion of loans included above $ 1,982 $ 2,372 Troubled debt restructured loans, gross $ 18,080 $ 16,603 Loans 30 through 89 days past due with interest accruing $ 61 $ 389 Loans 90 days or more past due with interest accruing $ — $ — Allowance for loan losses to gross loans held for investment 1.22 % 1.24 %
Composition of Net Nonaccrual Loans	The following table presents the composition of nonaccrual loans by class of loans: June 30, December 31, (in thousands) Manufactured housing $ 259 $ 418 Commercial real estate: Commercial real estate 112 122 SBA 504 1st trust deed 166 184 Land — — Construction — — Commercial 3,885 4,786 SBA 889 944 HELOC 207 214 Single family real estate 168 176 Consumer — — Total $ 5,686 $ 6,844
Gross Loans by Risk Rating	The following tables present gross loans by risk rating: June 30, 2018 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 234,077 $ — $ 521 $ — $ 234,598 Commercial real estate: Commercial real estate 274,340 — 112 — 274,452 SBA 504 1st trust deed 25,873 — 648 — 26,521 Land 4,873 — — — 4,873 Construction 58,833 — — — 58,833 Commercial 74,017 660 5,605 — 80,282 SBA 4,644 100 384 — 5,128 HELOC 9,295 — 207 — 9,502 Single family real estate 10,509 — 173 — 10,682 Consumer 75 — — — 75 Total, net 696,536 760 7,650 — 704,946 Government guarantee — — 2,771 — 2,771 Total $ 696,536 $ 760 $ 10,421 $ — $ 707,717 December 31, 2017 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 222,429 $ — $ 686 $ — $ 223,115 Commercial real estate: Commercial real estate 271,134 — 122 — 271,256 SBA 504 1st trust deed 25,973 — 674 — 26,647 Land 5,092 — — — 5,092 Construction 49,832 1,790 — — 51,622 Commercial 64,543 817 8,083 — 73,443 SBA 4,221 102 1,752 6,075 HELOC 9,208 — 214 — 9,422 Single family real estate 10,165 — 181 — 10,346 Consumer 83 — — — 83 Total, net 662,680 2,709 11,712 $ — 677,101 Government guarantee — — 3,188 — 3,188 Total $ 662,680 $ 2,709 $ 14,900 $ — $ 680,289
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, 2018 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 $ 447 $ 447 $ 447 $ 447 $ 26 Total 5 $ 447 $ 447 $ 447 $ 447 $ 26 For the Six Months Ended June 30, 2018 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 $ 1,047 $ 1,047 $ 1,047 $ 1,047 $ 63 Commercial 3 1,781 1,781 — 1,781 — Total 13 $ 2,828 $ 2,828 $ 1,047 $ 2,828 $ 63 For the Three Months Ended June 30, 2017 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 4 $ 189 $ 189 $ 189 $ 189 $ 6 Total 4 $ 189 $ 189 $ 189 $ 189 $ 6 For the Six Months Ended June 30, 2017 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 7 $ 444 $ 444 $ 444 $ 444 $ 21 SBA 1 $ 88 $ 88 $ — $ 88 $ 2 HELOC 1 $ 17 $ 17 $ — $ 17 $ 1 Total 9 $ 549 $ 549 $ 444 $ 549 $ 24

OTHER ASSETS ACQUIRED THROUGH22

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE (Tables)	6 Months Ended
	Jun. 30, 2018
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, 2018 2017 2018 2017 (in thousands) Balance, beginning of period $ 233 $ 145 $ 372 $ 137 Additions 73 252 174 370 Proceeds from dispositions (57 ) (135 ) (271 ) (243 ) (Loss) gain on sales, net (36 ) 100 (62 ) 98 Balance, end of period $ 213 $ 362 $ 213 $ 362

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	6 Months Ended
	Jun. 30, 2018
FAIR VALUE MEASUREMENT [Abstract]
Fair Value Measurements of Assets Measured on a Recurring Basis	The following tables summarize the fair value of assets measured on a recurring basis: Fair Value Measurements at the End of the Reporting Period Using: June 30, 2018 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 $ 179 $ 26,685 $ — $ 26,864 Interest only strips — — 75 75 Servicing assets — — 60 60 $ 179 $ 26,685 $ 135 $ 26,999 Fair Value Measurements at the End of the Reporting Period Using: December 31, 2017 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 $ 156 $ 28,627 $ — $ 28,783 Interest only strips — — 87 87 Servicing assets — — 97 97 $ 156 $ 28,627 $ 184 $ 28,967
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) June 30, 2018: Impaired loans $ 4,915 $ — $ 4,915 $ — Loans held for sale 52,886 — 52,886 — Foreclosed real estate and repossessed assets 213 — 213 — $ 58,014 $ — $ 58,014 $ — 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) December 31, 2017: Impaired loans $ 6,323 $ — $ 6,323 $ — Loans held for sale 56,222 — 56,222 — Foreclosed real estate and repossessed assets 372 — 372 — $ 62,917 — 62,917 —
Estimated Fair Values and Carrying Values of Financial Instruments	The estimated fair value of the Company’s financial instruments are as follows: June 30, 2018 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 54,362 $ 54,362 $ — $ — $ 54,362 FRB and FHLB stock 4,087 — 4,087 — 4,087 Investment securities 33,720 179 33,522 — 33,701 Loans, net 751,268 — 732,568 14,562 747,130 Financial liabilities: Deposits 702,603 — 701,534 — 701,534 Other borrowings 81,843 — 81,714 — 81,714 December 31, 2017 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 45,869 $ 45,869 $ — $ — $ 45,869 FRB and FHLB stock 3,720 — 3,720 — 3,720 Investment securities 36,348 156 36,298 — 36,454 Loans, net 726,189 — 705,723 13,779 719,502 Financial liabilities: Deposits 699,684 — 699,211 — 699,211 Other borrowings 56,843 — 56,842 — 56,842

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	6 Months Ended
	Jun. 30, 2018
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, 2018 2017 2018 2017 Unrealized holding gains (losses) on AFS Unrealized holding gains (losses) on AFS (in thousands) Beginning balance $ (73 ) $ (29 ) $ 25 $ (29 ) Other comprehensive income before reclassifications (38 ) 116 (77 ) 116 Amounts reclassified from accumulated other comprehensive income — — (59 ) — Net current-period other comprehensive income (38 ) 116 (136 ) 116 Ending Balance $ (111 ) $ 87 $ (111 ) $ 87

CAPITAL REQUIREMENT (Tables)

CAPITAL REQUIREMENT (Tables)	6 Months Ended
	Jun. 30, 2018
CAPITAL REQUIREMENT [Abstract]
Bank's Regulatory Ratios and Federal Reserve's Current Adequacy Guidelines	The following tables illustrates the Bank’s regulatory ratios and the Federal Reserve’s current adequacy guidelines as of June 30, 2018 and December 31, 2017. The Federal Reserve’s fully phased-in guidelines applicable in 2019 are also summarized. Total Capital (To Risk- Weighted Assets) Tier 1 Capital (To Risk- Weighted Assets) Common Equity Tier 1 (To Risk- Weighted Assets) Leverage Ratio/Tier 1 Capital (To Average Assets) June 30, 2018 CWB's actual regulatory ratios 11.28 % 10.10 % 10.10 % 8.88 % Minimum capital requirements 8.00 % 6.00 % 4.50 % 4.00 % Well-capitalized requirements 10.00 % 8.00 % 6.50 % 5.00 % Minimum capital requirements including fully-phased in capital conservation buffer (2019) 10.50 % 8.50 % 7.00 % N/A Total Capital (To Risk- Weighted Assets) Tier 1 Capital (To Risk- Weighted Assets) Common Equity Tier 1 (To Risk- Weighted Assets) Leverage Ratio/Tier 1 Capital (To Average Assets) December 31, 2017 CWB's actual regulatory ratios 11.31 % 10.10 % 10.10 % 8.83 % Minimum capital requirements 8.00 % 6.00 % 4.50 % 4.00 % Well-capitalized requirements 10.00 % 8.00 % 6.50 % 5.00 % Minimum capital requirements including fully-phased in capital conservation buffer (2019) 10.50 % 8.50 % 7.00 % N/A

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	6 Months Ended
	Jun. 30, 2018
REVENUE RECOGNITION [Abstract]
Non-Interest Income	The following table presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for periods indicated. Non-interest income Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 In-scope of Topic 606: (in thousands) Service charges on deposit accounts $ 94 $ 85 $ 186 $ 159 Exchange fees and other service charges 52 36 99 67 Non-interest income (in-scope of Topic 606) 146 121 285 226 Non-interest income (out-of-scope of Topic 606) 542 576 1,042 1,112 $ 688 $ 697 $ 1,327 $ 1,338

SUMMARY OF SIGNIFICANT ACCOUN27

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2018QuarterPayment	Dec. 31, 2017
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
Recent Accounting Pronouncements [Abstract]
Corporate income tax rate	21.00%	34.00%
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	120 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
HELOC [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]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due after which loans are evaluated for impairment	90 days

INVESTMENT SECURITIES, Amortize

INVESTMENT SECURITIES, Amortized Cost and Estimated Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Available-for-sale Debt Securities, Fair Value to Amortized Cost Basis [Abstract]
Amortized cost	$ 26,858
Gross unrealized gains	63
Gross unrealized (losses)	(236)
Fair value	26,685	$ 28,783
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Amortized cost	26,858	28,742
Gross unrealized gains		191
Gross unrealized (losses)		(150)
Fair value		28,783
Securities held-to-maturity [Abstract]
Amortized cost	6,856	7,565
Gross unrealized gains	147	216
Gross unrealized (losses)	(166)	(110)
Fair value	6,837	7,671
Securities Measured at Fair Value, Fair Value to Amortized Cost Basis [Abstract]
Amortized cost	66	66
Gross unrealized gains	113
Gross unrealized (losses)	0
Fair value	179	0
Securities pledged as collateral	33,500	36,200
U.S. Government Agency Notes [Member]
Available-for-sale Debt Securities, Fair Value to Amortized Cost Basis [Abstract]
Amortized cost	13,051	14,035
Gross unrealized gains	0	35
Gross unrealized (losses)	(164)	(92)
Fair value	12,887	13,978
U.S. Government Agency Collateralized Mortgage Obligations ("CMO") [Member]
Available-for-sale Debt Securities, Fair Value to Amortized Cost Basis [Abstract]
Amortized cost	13,807	14,641
Gross unrealized gains	63	66
Gross unrealized (losses)	(72)	(58)
Fair value	13,798	14,649
Equity Securities: Farmer Mac Class A Stock [Member]
Available-for-sale Equity Securities, Fair Value to Amortized Cost Basis [Abstract]
Amortized cost		66
Gross unrealized gains		90
Gross unrealized (losses)		0
Fair value		156
Securities Measured at Fair Value, Fair Value to Amortized Cost Basis [Abstract]
Amortized cost	66
Gross unrealized gains	113
Gross unrealized (losses)	0
Fair value	179
U.S. Government Agency Mortgage Backed Securities ("MBS") [Member]
Securities held-to-maturity [Abstract]
Amortized cost	6,856	7,565
Gross unrealized gains	147	216
Gross unrealized (losses)	(166)	(110)
Fair value	$ 6,837	$ 7,671

INVESTMENT SECURITIES, Maturity

INVESTMENT SECURITIES, Maturity Periods and Weighted Average Yields (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Maturity periods and weighted average yields of investment securities available-for-sale [Abstract]
Less than one year, amount	$ 1,928	$ 1,967
Less than one year, yield	2.60%	2.60%
One to five years, amount	$ 4,469	$ 5,195
One to five years, yield	2.20%	1.80%
Five to ten years, amount	$ 17,361	$ 18,539
Five to ten years, yield	2.60%	1.90%
Over ten years, amount	$ 2,927	$ 2,926
Over ten years, yield	2.90%	2.30%
Without single maturity date, total amount	$ 0	$ 156
Securities measured at fair value, total amount	$ 179	0
Securities measured at fair value, total yield	0.00%
Fair value	$ 26,685	28,783
Total yield	2.50%
Fair value		$ 28,783
Total yield		2.00%
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	$ 1,891	$ 2,802
One to five years, yield	3.90%	3.60%
Five to ten years, amount	$ 4,965	$ 4,763
Five to ten years, yield	3.20%	3.10%
Over ten years, amount	$ 0	$ 0
Over ten years, yield	0.00%	0.00%
Total amount	$ 6,856	$ 7,565
Total yield	3.40%	3.30%
U.S. Government Agency Notes [Member]
Maturity periods and weighted average yields of investment securities available-for-sale [Abstract]
Less than one year, amount	$ 1,928	$ 1,967
Less than one year, yield	2.60%	2.60%
One to five years, amount	$ 1,436	$ 1,833
One to five years, yield	2.10%	1.60%
Five to ten years, amount	$ 9,523	$ 10,178
Five to ten years, yield	2.60%	2.00%
Over ten years, amount	$ 0	$ 0
Over ten years, yield	0.00%	0.00%
Single maturity date, total amount	$ 12,887	$ 13,978
Single maturity date, total yield	2.50%	2.00%
Fair value	$ 12,887	$ 13,978
U.S. government agency 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	$ 3,033	$ 3,362
One to five years, yield	2.30%	1.90%
Five to ten years, amount	$ 7,838	$ 8,361
Five to ten years, yield	2.50%	1.90%
Over ten years, amount	$ 2,927	$ 2,926
Over ten years, yield	2.90%	2.30%
Single maturity date, total amount	$ 13,798	$ 14,649
Single maturity date, total yield	2.50%	1.90%
Fair value	$ 13,798	$ 14,649
U.S. government agency 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	$ 1,891	$ 2,802
One to five years, yield	3.90%	3.60%
Five to ten years, amount	$ 4,965	$ 4,763
Five to ten years, yield	3.20%	3.10%
Over ten years, amount	$ 0	$ 0
Over ten years, yield	0.00%	0.00%
Total amount	$ 6,856	$ 7,565
Total yield	3.40%	3.30%
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%
Without single maturity date, total amount		$ 156
Without single maturity date, yield		0.00%
Securities measured at fair value, total amount	$ 179
Securities measured at fair value, total yield	0.00%

INVESTMENT SECURITIES, Investme

INVESTMENT SECURITIES, Investment Securities by Contractual Maturities (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Securities available-for-sale, Amortized Cost [Abstract]
Due in one year or less	$ 1,997	$ 1,997
After one year through five years	4,505	5,220
After five years through ten years	17,419	18,506
After ten years	2,937	2,953
Farmer Mac class A stock	0	66
Amortized cost	26,858
Amortized cost	26,858	28,742
Securities available for sale, Estimated Fair Value [Abstract]
Due in one year or less	1,928	1,967
After one year through five years	4,469	5,195
After five years through ten years	17,361	18,539
After ten years	2,927	2,926
Farmer Mac class A stock	0	156
Estimated fair value	26,685	28,783
Estimated fair value		28,783
Securities held to maturity, Amortized Cost [Abstract]
Due in one year or less	0	0
After one year through five years	1,891	2,802
After five years through ten years	4,965	4,763
After ten years	0	0
Amortized cost	6,856	7,565
Securities held to maturity, Estimated Fair Value [Abstract]
Due in one year or less	0	0
After one year through five years	1,986	2,938
After five years through ten years	4,851	4,733
After ten years	0	0
Estimated fair value	6,837	7,671
Securities measured at fair value [Abstract]
Amortized cost	66	66
Fair value	$ 179	$ 0

INVESTMENT SECURITIES, Unrealiz

INVESTMENT SECURITIES, Unrealized Loss Positions (Details) $ in Thousands	Jun. 30, 2018USD ($)Security	Dec. 31, 2017USD ($)Security
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	$ 160
Less than twelve months, fair value	11,094
More than twelve months, gross unrealized losses	76
More than twelve months, fair value	5,356
Total, gross unrealized losses	236
Total, fair value	16,450
Less than twelve months, gross unrealized losses	0	$ 78
Less than twelve months, fair value	0	7,309
More than twelve months, gross unrealized losses	0	72
More than twelve months, fair value	0	6,536
Total, gross unrealized losses	0	150
Total, fair value	0	13,845
Securities held-to-maturity, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	11	0
Less than twelve months, fair value	653	0
More than twelve months, gross unrealized losses	154	110
More than twelve months, fair value	2,110	2,496
Total, gross unrealized losses	165	110
Total, fair value	$ 2,763	$ 2,496
Securities in unrealized loss positions | Security	8	14
U.S. Government Agency Notes [Member]
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	$ 70
Less than twelve months, fair value	1,927
More than twelve months, gross unrealized losses	9
More than twelve months, fair value	1,436
Total, gross unrealized losses	79
Total, fair value	3,363
Less than twelve months, gross unrealized losses		$ 70
Less than twelve months, fair value		6,324
More than twelve months, gross unrealized losses		22
More than twelve months, fair value		3,106
Total, gross unrealized losses		92
Total, fair value		9,430
U.S. government agency CMO [Member]
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	90
Less than twelve months, fair value	9,167
More than twelve months, gross unrealized losses	67
More than twelve months, fair value	3,920
Total, gross unrealized losses	157
Total, fair value	13,087
Less than twelve months, gross unrealized losses		8
Less than twelve months, fair value		985
More than twelve months, gross unrealized losses		50
More than twelve months, fair value		3,430
Total, gross unrealized losses		58
Total, fair value		4,415
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	0
More than twelve months, fair value	0	0
Total, gross unrealized losses	0	0
Total, fair value	0	0
U.S. government agency MBS [Member]
Securities held-to-maturity, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	11	0
Less than twelve months, fair value	653	0
More than twelve months, gross unrealized losses	154	110
More than twelve months, fair value	2,110	2,496
Total, gross unrealized losses	165	110
Total, fair value	$ 2,763	$ 2,496

LOAN HELD FOR SALE (Details)

LOAN HELD FOR SALE (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Loans Held for Sale [Abstract]
Loans included in loans held for sale	$ 52,886	$ 55,094
SBA [Member]
Loans Held for Sale [Abstract]
Loans included in loans held for sale	16,400	18,900
Principal balance of loan serviced	8,400	10,800
US Department of Agriculture [Member]
Loans Held for Sale [Abstract]
Loans included in loans held for sale	36,500	36,200
Principal balance of loan serviced	$ 2,000	$ 2,000

LOANS HELD FOR INVESTMENT (Deta

LOANS HELD FOR INVESTMENT (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016
Loans held for investment [Abstract]
Loans held for investment, gross	$ 707,717		$ 680,289
Allowance for loan losses	(8,622)	$ (8,458)	(8,420)	$ (7,994)	$ (7,785)	$ (7,464)
Deferred fees, net	(632)		(652)
Discount on SBA loans	(81)		(122)
Total loans held for investment, net	698,382		671,095
Manufactured Housing [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	234,598		223,115
Allowance for loan losses	(2,145)	(2,102)	(2,180)	(2,124)	(2,160)	(2,201)
Commercial Real Estate [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	364,679		354,617
Allowance for loan losses	(5,007)	(4,976)	(4,844)	(4,332)	(4,138)	(3,707)
Commercial [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	81,773		75,282
Allowance for loan losses	(1,221)	(1,127)	(1,133)	(1,262)	(1,184)	(1,241)
SBA [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	6,408		7,424
Allowance for loan losses	(57)	(61)	(73)	(91)	(101)	(106)
HELOC [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	9,502		9,422
Allowance for loan losses	(93)	(93)	(92)	(98)	(101)	(100)
Single Family Real Estate [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	10,682		10,346
Allowance for loan losses	(99)	(99)	(98)	(87)	(101)	(109)
Consumer [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	75		83
Allowance for loan losses	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Fina

LOANS HELD FOR INVESTMENT, Financing Receivables Past Due (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Aging of loans held for investment [Abstract]
Current	$ 701,970	$ 673,056
Total past due	61	389
Nonaccrual	5,686	6,844
Total loans held for investment	707,717	680,289
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	36	389
60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	25	0
Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Manufactured Housing [Member]
Aging of loans held for investment [Abstract]
Current	234,339	222,342
Total past due	0	355
Nonaccrual	259	418
Total loans held for investment	234,598	223,115
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	0	355
Manufactured Housing [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Manufactured Housing [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial Real Estate [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	364,679	354,617
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Aging of loans held for investment [Abstract]
Current	274,339	271,134
Total past due	0	0
Nonaccrual	112	122
Total loans held for investment	274,451	271,256
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	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	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	0	0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Aging of loans held for investment [Abstract]
Current	26,356	26,463
Total past due	0	0
Nonaccrual	166	184
Total loans held for investment	26,522	26,647
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	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	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	0	0
Commercial Real Estate [Member] | Land [Member]
Aging of loans held for investment [Abstract]
Current	4,873	5,092
Total past due	0	0
Nonaccrual	0	0
Total loans held for investment	4,873	5,092
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	0	0
Commercial Real Estate [Member] | Land [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial Real Estate [Member] | Land [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial Real Estate [Member] | Construction [Member]
Aging of loans held for investment [Abstract]
Current	58,833	51,622
Total past due	0	0
Nonaccrual	0	0
Total loans held for investment	58,833	51,622
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	0	0
Commercial Real Estate [Member] | Construction [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial Real Estate [Member] | Construction [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial [Member]
Aging of loans held for investment [Abstract]
Current	77,888	70,481
Total past due	0	15
Nonaccrual	3,885	4,786
Total loans held for investment	81,773	75,282
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	0	15
Commercial [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
SBA [Member]
Aging of loans held for investment [Abstract]
Current	5,500	6,461
Total past due	19	19
Nonaccrual	889	944
Total loans held for investment	6,408	7,424
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	19	19
SBA [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
SBA [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
HELOC [Member]
Aging of loans held for investment [Abstract]
Current	9,295	9,208
Total past due	0	0
Nonaccrual	207	214
Total loans held for investment	9,502	9,422
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	0	0
HELOC [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
HELOC [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Single Family Real Estate [Member]
Aging of loans held for investment [Abstract]
Current	10,472	10,170
Total past due	42	0
Nonaccrual	168	176
Total loans held for investment	10,682	10,346
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	17	0
Single Family Real Estate [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	25	0
Single Family Real Estate [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Consumer [Member]
Aging of loans held for investment [Abstract]
Current	75	83
Total past due	0	0
Nonaccrual	0	0
Total loans held for investment	75	83
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	0	0
Consumer [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Consumer [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	$ 0	$ 0

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, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Summary of allowance for loan losses [Roll Forward]
Beginning balance	$ 8,458	$ 7,785	$ 8,420	$ 7,464
Charge-offs	0	(52)	(6)	(170)
Recoveries	47	141	235	436
Net (charge-offs) recoveries	47	89	229	266
Provision (credit)	117	120	(27)	264
Ending balance	8,622	7,994	8,622	7,994
Reserve for credit losses on undisbursed loans	97		97		$ 95
Manufactured Housing [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	2,102	2,160	2,180	2,201
Charge-offs	0	(15)	(6)	(119)
Recoveries	9	65	108	68
Net (charge-offs) recoveries	9	50	102	(51)
Provision (credit)	34	(86)	(137)	(26)
Ending balance	2,145	2,124	2,145	2,124
Commercial Real Estate [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	4,976	4,138	4,844	3,707
Charge-offs	0	0	0	0
Recoveries	0	0	15	227
Net (charge-offs) recoveries	0	0	15	227
Provision (credit)	31	194	148	398
Ending balance	5,007	4,332	5,007	4,332
Commercial [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	1,127	1,184	1,133	1,241
Charge-offs	0	0	0	0
Recoveries	19	68	24	72
Net (charge-offs) recoveries	19	68	24	72
Provision (credit)	75	10	64	(51)
Ending balance	1,221	1,262	1,221	1,262
SBA [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	61	101	73	106
Charge-offs	0	(16)	0	(30)
Recoveries	6	5	68	64
Net (charge-offs) recoveries	6	(11)	68	34
Provision (credit)	(10)	1	(84)	(49)
Ending balance	57	91	57	91
HELOC [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	93	101	92	100
Charge-offs	0	0	0	0
Recoveries	12	2	19	4
Net (charge-offs) recoveries	12	2	19	4
Provision (credit)	(12)	(5)	(18)	(6)
Ending balance	93	98	93	98
Single Family Real Estate [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	99	101	98	109
Charge-offs	0	(21)	0	(21)
Recoveries	1	1	1	1
Net (charge-offs) recoveries	1	(20)	1	(20)
Provision (credit)	(1)	6	0	(2)
Ending balance	99	87	99	87
Consumer [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	0	0	0	0
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Net (charge-offs) recoveries	0	0	0	0
Provision (credit)	0	0	0	0
Ending balance	$ 0	$ 0	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Impa

LOANS HELD FOR INVESTMENT, Impaired Financing Receivables (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	$ 10,144	$ 12,352
Impaired loans with no allowance recorded	9,555	8,275
Total loans individually evaluated for impairment	19,699	20,627
Loans collectively evaluated for impairment	688,018	659,662
Total loans held for investment	707,717	680,289
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	10,377	12,462
Impaired loans with no allowance recorded	11,086	9,865
Total loans individually evaluated for impairment	21,463	22,327
Loans collectively evaluated for impairment	688,018	659,662
Total loans held for investment	709,481	681,989
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	507	524
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	507	524
Loans collectively evaluated for impairment	8,115	7,896
Total loans held for investment	8,622	8,420
Impaired loans with a specific valuation allowance under ASC 310	10,144	12,352
Impaired loans without a specific valuation allowance under ASC 310	9,555	8,275
Total impaired loans	19,699	20,627
Valuation allowance related to impaired loans	507	524
Loans Guaranteed by Government Agencies [Member]
Related Allowance for Credit Losses [Abstract]
Total impaired loans	2,300	2,600
Manufactured Housing [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	6,442	5,830
Impaired loans with no allowance recorded	1,962	2,163
Total loans individually evaluated for impairment	8,404	7,993
Loans collectively evaluated for impairment	226,194	215,122
Total loans held for investment	234,598	223,115
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	6,442	5,836
Impaired loans with no allowance recorded	3,080	3,328
Total loans individually evaluated for impairment	9,522	9,164
Loans collectively evaluated for impairment	226,194	215,122
Total loans held for investment	235,716	224,286
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	449	427
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	449	427
Loans collectively evaluated for impairment	1,696	1,753
Total loans held for investment	2,145	2,180
Impaired loans with a specific valuation allowance under ASC 310	6,442	5,830
Impaired loans without a specific valuation allowance under ASC 310	1,962	2,163
Total impaired loans	8,404	7,993
Valuation allowance related to impaired loans	449	427
Commercial Real Estate [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	525	557
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	525	557
Loans collectively evaluated for impairment	364,154	354,060
Total loans held for investment	364,679	354,617
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	641	661
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	641	661
Loans collectively evaluated for impairment	364,154	354,060
Total loans held for investment	364,795	354,721
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	12	11
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	12	11
Loans collectively evaluated for impairment	4,995	4,833
Total loans held for investment	5,007	4,844
Impaired loans with a specific valuation allowance under ASC 310	525	557
Impaired loans without a specific valuation allowance under ASC 310	0	0
Valuation allowance related to impaired loans	12	11
Commercial [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	591	3,551
Impaired loans with no allowance recorded	6,787	5,023
Total loans individually evaluated for impairment	7,378	8,574
Loans collectively evaluated for impairment	74,395	66,708
Total loans held for investment	81,773	75,282
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	591	3,551
Impaired loans with no allowance recorded	6,868	5,042
Total loans individually evaluated for impairment	7,459	8,593
Loans collectively evaluated for impairment	74,395	66,708
Total loans held for investment	81,854	75,301
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	11	50
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	11	50
Loans collectively evaluated for impairment	1,210	1,083
Total loans held for investment	1,221	1,133
Impaired loans with a specific valuation allowance under ASC 310	591	3,551
Impaired loans without a specific valuation allowance under ASC 310	6,787	5,023
Total impaired loans	7,378	8,574
Valuation allowance related to impaired loans	11	50
SBA [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	477	281
Impaired loans with no allowance recorded	431	699
Total loans individually evaluated for impairment	908	980
Loans collectively evaluated for impairment	5,500	6,444
Total loans held for investment	6,408	7,424
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	594	281
Impaired loans with no allowance recorded	673	1,026
Total loans individually evaluated for impairment	1,267	1,307
Loans collectively evaluated for impairment	5,500	6,444
Total loans held for investment	6,767	7,751
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	2	1
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	2	1
Loans collectively evaluated for impairment	55	72
Total loans held for investment	57	73
Impaired loans with a specific valuation allowance under ASC 310	477	281
Impaired loans without a specific valuation allowance under ASC 310	431	699
Total impaired loans	908	980
Valuation allowance related to impaired loans	2	1
HELOC [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	207	214
Total loans individually evaluated for impairment	207	214
Loans collectively evaluated for impairment	9,295	9,208
Total loans held for investment	9,502	9,422
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	249	249
Total loans individually evaluated for impairment	249	249
Loans collectively evaluated for impairment	9,295	9,208
Total loans held for investment	9,544	9,457
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	93	92
Total loans held for investment	93	92
Impaired loans with a specific valuation allowance under ASC 310	0	0
Impaired loans without a specific valuation allowance under ASC 310	207	214
Total impaired loans	207	214
Valuation allowance related to impaired loans	0	0
Single Family Real Estate [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	2,109	2,133
Impaired loans with no allowance recorded	168	176
Total loans individually evaluated for impairment	2,277	2,309
Loans collectively evaluated for impairment	8,405	8,037
Total loans held for investment	10,682	10,346
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	2,109	2,133
Impaired loans with no allowance recorded	216	220
Total loans individually evaluated for impairment	2,325	2,353
Loans collectively evaluated for impairment	8,405	8,037
Total loans held for investment	10,730	10,390
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	33	35
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	33	35
Loans collectively evaluated for impairment	66	63
Total loans held for investment	99	98
Impaired loans with a specific valuation allowance under ASC 310	2,109	2,133
Impaired loans without a specific valuation allowance under ASC 310	168	176
Total impaired loans	2,277	2,309
Valuation allowance related to impaired loans	33	35
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	75	83
Total loans held for investment	75	83
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	75	83
Total loans held for investment	75	83
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	0	0
Total loans held for investment	0	0
Impaired loans with a specific valuation allowance under ASC 310	0	0
Impaired loans without a specific valuation allowance under ASC 310	0	0
Total impaired loans	0	0
Valuation allowance related to impaired loans	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Im37

LOANS HELD FOR INVESTMENT, Impaired Loans by Class of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	$ 19,699	$ 20,627
Manufactured Housing [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	8,404	7,993
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	112	122
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	413	435
Commercial Real Estate [Member] | Land [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	0	0
Commercial Real Estate [Member] | Construction [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	0	0
Commercial [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	7,378	8,574
SBA [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	908	980
HELOC [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	207	214
Single Family Real Estate [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	2,277	2,309
Consumer [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	$ 0	$ 0

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, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	$ 19,711	$ 15,841	$ 20,028	$ 15,860
Interest income	254	243	498	477
Manufactured Housing [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	8,278	7,738	8,190	7,683
Interest income	173	162	335	314
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	113	124	116	126
Interest income	0	0	0	0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	413	642	420	566
Interest income	5	5	10	10
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	7,537	4,155	7,885	4,392
Interest income	49	50	98	101
SBA [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	914	868	937	808
Interest income	0	1	1	2
HELOC [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	205	331	208	300
Interest income	0	0	0	0
Single Family Real Estate [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	2,251	1,983	2,272	1,985
Interest income	27	25	54	50
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, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Financing receivable recorded investment [Abstract]
Nonaccrual loans	$ 5,686		$ 5,686		$ 6,844
Financing Receivable Recorded Investment Nonaccrual Status guaranteed amount	1,982		1,982		2,372
Troubled debt restructured loans, gross	18,080		18,080		16,603
Loans 30 through 89 days past due with interest accruing	61		61		389
Loans 90 days or more past due with interest accruing	$ 0		$ 0		$ 0
Allowance for loan losses to gross loans held for investment	1.22%		1.22%		1.24%
Period past due after which accrual of interest is discontinued			90 days
Foregone interest on nonaccrual and troubled debt restructured loans	$ 100	$ 100	$ 200	$ 100

LOANS HELD FOR INVESTMENT, Nona

LOANS HELD FOR INVESTMENT, Nonaccrual Loans, Net of SBA Guarantee (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	$ 5,686	$ 6,844
Period past due after which guaranteed portion of SBA loan is repurchased from investors	120 days
Loans Guaranteed by Government Agencies [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	$ 2,000	2,400
Manufactured Housing [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	259	418
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	112	122
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	166	184
Commercial Real Estate [Member] | Land [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	0	0
Commercial Real Estate [Member] | Construction [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	0	0
Commercial [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	3,885	4,786
SBA [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	889	944
HELOC [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	207	214
Single Family Real Estate [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	168	176
Consumer [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Gros

LOANS HELD FOR INVESTMENT, Gross Loans by Risk Rating (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Gross loans by risk rating [Abstract]
Total loans held for investment, net	$ 704,946	$ 677,101
Total loans held for investment	707,717	680,289
Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	696,536	662,680
Total loans held for investment	696,536	662,680
Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	760	2,709
Total loans held for investment	760	2,709
Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	7,650	11,712
Total loans held for investment	10,421	14,900
Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
Total loans held for investment	0	0
Government Guarantee [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	2,771	3,188
Government Guarantee [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
Government Guarantee [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
Government Guarantee [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	2,771	3,188
Government Guarantee [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
Manufactured Housing [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	234,598	223,115
Total loans held for investment	234,598	223,115
Manufactured Housing [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	234,077	222,429
Manufactured Housing [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
Manufactured Housing [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	521	686
Manufactured Housing [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
Commercial Real Estate [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	364,679	354,617
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	274,452	271,256
Total loans held for investment	274,451	271,256
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	274,340	271,134
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	112	122
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	26,521	26,647
Total loans held for investment	26,522	26,647
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	25,873	25,973
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	648	674
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
Commercial Real Estate [Member] | Land [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	4,873	5,092
Total loans held for investment	4,873	5,092
Commercial Real Estate [Member] | Land [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	4,873	5,092
Commercial Real Estate [Member] | Land [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
Commercial Real Estate [Member] | Land [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
Commercial Real Estate [Member] | Land [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
Commercial Real Estate [Member] | Construction [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	58,833	51,622
Total loans held for investment	58,833	51,622
Commercial Real Estate [Member] | Construction [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	58,833	49,832
Commercial Real Estate [Member] | Construction [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	1,790
Commercial Real Estate [Member] | Construction [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
Commercial Real Estate [Member] | Construction [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
Commercial [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	81,773	75,282
Commercial [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	80,282	73,443
Commercial [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	74,017	64,543
Commercial [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	660	817
Commercial [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	5,605	8,083
Commercial [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
SBA [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	5,128	6,075
Total loans held for investment	6,408	7,424
SBA [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	4,644	4,221
SBA [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	100	102
SBA [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	384	1,752
SBA [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
HELOC [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	9,502	9,422
Total loans held for investment	9,502	9,422
HELOC [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	9,295	9,208
HELOC [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
HELOC [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	207	214
HELOC [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
Single Family Real Estate [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	10,682	10,346
Total loans held for investment	10,682	10,346
Single Family Real Estate [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	10,509	10,165
Single Family Real Estate [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
Single Family Real Estate [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	173	181
Single Family Real Estate [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
Consumer [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	75	83
Total loans held for investment	75	83
Consumer [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	75	83
Consumer [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
Consumer [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
Consumer [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Trou

LOANS HELD FOR INVESTMENT, Troubled Debt Restructuring (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018USD ($)Loan	Jun. 30, 2017USD ($)Loan	Jun. 30, 2018USD ($)Loan	Jun. 30, 2017USD ($)Loan	Dec. 31, 2017USD ($)
Troubled Debt Restructured Loans [Abstract]
Number of loans | Loan	5	4	13	9
Pre-modification recorded investment	$ 447	$ 189	$ 2,828	$ 549
Post modification recorded investment	447	189	2,828	549
Balance of loans	18,080		18,080		$ 16,603
Effect on allowance for loan losses	$ 26	$ 6	$ 63	$ 24
Average rate concessions	1.00%	0.94%	0.76%	0.96%
Average extension	181 months	180 months	147 months	142 months
Rate Reduction [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment			$ 1,047	$ 444
Balance of loans	$ 447	$ 189	447	189
Term Extension [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment			2,828	549
Balance of loans	$ 447	$ 189	$ 447	$ 189
Manufactured Housing [Member]
Troubled Debt Restructured Loans [Abstract]
Number of loans | Loan	5	4	10	7
Pre-modification recorded investment	$ 447	$ 189	$ 1,047	$ 444
Post modification recorded investment	447	189	1,047	444
Effect on allowance for loan losses	26	6	63	21
Manufactured Housing [Member] | Rate Reduction [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment			1,047	444
Balance of loans	447	189	447	189
Manufactured Housing [Member] | Term Extension [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment			1,047	444
Balance of loans	$ 447	$ 189	$ 447	$ 189
Commercial [Member]
Troubled Debt Restructured Loans [Abstract]
Number of loans | Loan			3
Pre-modification recorded investment			$ 1,781
Post modification recorded investment			1,781
Effect on allowance for loan losses			0
Commercial [Member] | Rate Reduction [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment			0
Commercial [Member] | Term Extension [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment			$ 1,781
SBA [Member]
Troubled Debt Restructured Loans [Abstract]
Number of loans | Loan				1
Pre-modification recorded investment				$ 88
Post modification recorded investment				88
Effect on allowance for loan losses				2
SBA [Member] | Rate Reduction [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment				0
SBA [Member] | Term Extension [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment				$ 88
HELOC [Member]
Troubled Debt Restructured Loans [Abstract]
Number of loans | Loan				1
Pre-modification recorded investment				$ 17
Post modification recorded investment				17
Effect on allowance for loan losses				1
HELOC [Member] | Rate Reduction [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment				0
HELOC [Member] | Term Extension [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment				$ 17

LOANS HELD FOR INVESTMENT, Tr43

LOANS HELD FOR INVESTMENT, Trouble Debt Restructured Loans With Payment Defaults (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)Nonpayment	Jun. 30, 2017USD ($)
LOANS HELD FOR INVESTMENT [Abstract]
Number of consecutive non-payments for a TDR loan to be deemed default | Nonpayment			2
Trouble debt restructurings with payment defaults | $	$ 0	$ 0	$ 0	$ 0

OTHER ASSETS ACQUIRED THROUGH44

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE [Abstract]
Balance, beginning of period	$ 233	$ 145	$ 372	$ 137
Additions	73	252	174	370
Proceeds from dispositions	(57)	(135)	(271)	(243)
(Loss) gain on sales, net	(36)	100	(62)	98
Balance, end of period	$ 213	$ 362	$ 213	$ 362

FAIR VALUE MEASUREMENT, Fair Va

FAIR VALUE MEASUREMENT, Fair Value of Assets Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Assets [Abstract]
Investment securities available-for-sale		$ 28,783
Recurring [Member]
Assets [Abstract]
Investment securities available-for-sale	$ 26,864	28,783
Interest only strips	75	87
Servicing assets	60	97
Total	26,999	28,967
Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets [Abstract]
Investment securities available-for-sale	179	156
Interest only strips	0	0
Servicing assets	0	0
Total	179	156
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Investment securities available-for-sale	26,685	28,627
Interest only strips	0	0
Servicing assets	0	0
Total	26,685	28,627
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Investment securities available-for-sale	0	0
Interest only strips	75	87
Servicing assets	60	97
Total	$ 135	$ 184

FAIR VALUE MEASUREMENT, Assets

FAIR VALUE MEASUREMENT, Assets Measured on Non-recurring Basis (Details) - Non-recurring [Member] - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	$ 4,915	$ 6,323
Loans held for sale	52,886	56,222
Foreclosed real estate and repossessed assets	213	372
Total	58,014	62,917
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
Loans held for sale	0	0
Foreclosed real estate and repossessed assets	0	0
Total	0	0
Significant Other Observable Inputs (Level 2) [Member]
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	4,915	6,323
Loans held for sale	52,886	56,222
Foreclosed real estate and repossessed assets	213	372
Total	58,014	62,917
Significant Unobservable Inputs (Level 3) [Member]
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	0	0
Loans held for sale	0	0
Foreclosed real estate and repossessed assets	0	0
Total	$ 0	$ 0

FAIR VALUE MEASUREMENT, Fair 47

FAIR VALUE MEASUREMENT, Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Loans Held for Sale [Abstract]
Loans held-for-sale at carrying value	$ 52,886	$ 55,094
Carrying Amount [Member]
Financial assets [Abstract]
Cash and cash equivalents	54,362	45,869
FRB and FHLB stock	4,087	3,720
Investment securities	33,720	36,348
Loans, net	751,268	726,189
Financial liabilities [Abstract]
Deposits	702,603	699,684
Other borrowings	81,843	56,843
Fair Value [Member]
Financial assets [Abstract]
Cash and cash equivalents	54,362	45,869
FRB and FHLB stock	4,087	3,720
Investment securities	33,701	36,454
Loans, net	747,130	719,502
Financial liabilities [Abstract]
Deposits	701,534	699,211
Other borrowings	81,714	56,842
Fair Value [Member] | Level 1 [Member]
Financial assets [Abstract]
Cash and cash equivalents	54,362	45,869
FRB and FHLB stock	0	0
Investment securities	179	156
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
FRB and FHLB stock	4,087	3,720
Investment securities	33,522	36,298
Loans, net	732,568	705,723
Financial liabilities [Abstract]
Deposits	701,534	699,211
Other borrowings	81,714	56,842
Fair Value [Member] | Level 3 [Member]
Financial assets [Abstract]
Cash and cash equivalents	0	0
FRB and FHLB stock	0	0
Investment securities	0	0
Loans, net	14,562	13,779
Financial liabilities [Abstract]
Deposits	0	0
Other borrowings	0	0
Standby Letters of Credit [Member]
Off-balance sheet instruments [Abstract]
Off-balance sheet risks outstanding	0	0
Unfunded Loan Commitments [Member]
Off-balance sheet instruments [Abstract]
Off-balance sheet risks outstanding	$ 70,500	$ 68,800

OTHER BORROWINGS (Details)

OTHER BORROWINGS (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017	Jul. 31, 2017
Financial Home Loan Bank Advances [Abstract]
FHLB advances	$ 75		$ 75		$ 50
Letter of credit with FHLB	125		125
Securities pledged to FHLB	33.5		33.5		36.2
Loans pledged to FHLB	284.4		284.4		235.4
Available for additional borrowing	36.4		36.4		56.8
Total FHLB interest expense	0.3	$ 0.1	0.4	$ 0.1
Federal Funds Purchased Lines [Abstract]
Federal funds borrowing lines at correspondent banks	20		20
Federal funds amount outstanding	0		$ 0		0
Federal Reserve Bank Advances [Member]
Line of Credit [Abstract]
Period for advances to be collateralized			28 days
Outstanding balance	0		$ 0		0
Available borrowing capacity	108.8		108.8		$ 104.3
Line of Credit [Member]
Line of Credit [Abstract]
Outstanding balance	6.8		$ 6.8
Term of agreement			1 year
Maximum borrowing capacity						$ 15
Percentage of compensating deposit with the lender			25.00%
Compensating deposit	$ 1.7		$ 1.7
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%
Interest rate	5.84%		5.84%

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, 2018	Mar. 31, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Changes in other comprehensive income (loss) by component, net of tax [Roll Forward]
Balance		$ 70,070		$ 70,070
Net other comprehensive income (loss)	$ (38)		$ 116	(77)	$ 116
Balance	73,448			73,448
Unrealized Holding Gains (Losses) on AFS [Member]
Changes in other comprehensive income (loss) by component, net of tax [Roll Forward]
Balance	(73)	25	(29)	25	(29)
Other comprehensive income before reclassifications	(38)		116	(77)	116
Amounts reclassified from accumulated other comprehensive income	0		0	(59)	0
Net other comprehensive income (loss)	(38)		116	(136)	116
Balance	$ (111)	(73)	$ 87	$ (111)	$ 87
ASU 2018-02 [Member]
Changes in other comprehensive income (loss), net of tax [Abstract]
Reclassification within accumulated other comprehensive income to retained earnings		6
ASU 2016-01 [Member]
Changes in other comprehensive income (loss), net of tax [Abstract]
Adjustment from AOCI to retained earnings		$ 53

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, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Common Stock [Abstract]
Common stock dividend paid			$ 739	$ 610
Common Stock Warrant [Member]
Common Stock Warrant [Abstract]
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]
Common Stock [Abstract]
Common stock dividend paid	$ 400	$ 300	$ 700	$ 600
Common Stock [Member] | Stock Repurchase Program [Member]
Common Stock [Abstract]
Period in which common stock repurchase program is expected to be executed			2 years
Common stock shares repurchased to date (in shares)	187,569		187,569
Common stock shares repurchased to date, value	$ 1,400		$ 1,400
Common stock shares repurchased to date, average price (in dollars per share)			$ 7.25
Common stock shares repurchased during the period (in shares)	0		0
Common Stock [Member] | Stock Repurchase Program [Member] | Maximum [Member]
Common Stock [Abstract]
Amount of common stock repurchase program authorized	$ 3,000		$ 3,000

CAPITAL REQUIREMENT (Details)

CAPITAL REQUIREMENT (Details)	Jun. 30, 2018	Dec. 31, 2017
Regulatory Ratios [Abstract]
Total capital ratio, minimum capital ratios	8.00%	8.00%
Total capital ratio, well-capitalized ratios	10.00%	10.00%
Total capital ratio, minimum capital requirements including fully-phased in capital conservation buffer (2019)	10.50%	10.50%
Tier 1 risk-based capital ratio, minimum capital ratios	6.00%	6.00%
Tier 1 risk-based capital ratio, well-capitalized ratios	8.00%	8.00%
Tier 1 risk-based capital ratio, minimum capital requirements including fully-phased in capital conservation buffer (2019)	8.50%	8.50%
Common Equity Tier 1 ratio, minimum capital ratios	4.50%	4.50%
Common Equity Tier 1 ratio, well-capitalized ratios	6.50%	6.50%
Common Equity Tier 1 ratio, minimum capital requirements including fully-phased in capital conservation buffer (2019)	7.00%	7.00%
Tier 1 leverage ratio, minimum capital ratios	4.00%	4.00%
Tier 1 leverage ratio, well-capitalized ratios	5.00%	5.00%
CWB [Member]
Regulatory Ratios [Abstract]
Total capital ratio	11.28%	11.31%
Tier 1 risk-based capital ratio	10.10%	10.10%
Common Equity Tier 1 ratio	10.10%	10.10%
Tier 1 leverage ratio	8.88%	8.83%

REVENUE RECOGNITION (Details)

REVENUE RECOGNITION (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Noninterest Income [Abstract]
Non-interest income (in-scope of Topic 606)	$ 146	$ 121	$ 285	$ 226
Non-interest income (out-of-scope of Topic 606)	542	576	1,042	1,112
Total non-interest income	688	697	1,327	1,338
Service Charges on Deposit Accounts [Member]
Noninterest Income [Abstract]
Non-interest income (in-scope of Topic 606)	94	85	186	159
Exchange Fees and Other Service Charges [Member]
Noninterest Income [Abstract]
Non-interest income (in-scope of Topic 606)	$ 52	$ 36	$ 99	$ 67