Community West Bancshares (CWBC) 10-Q 2 Nov 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Oct. 26, 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 Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Ex Transition Period	false
Entity Common Stock, Shares Outstanding		8,279,882
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3

CONSOLIDATED BALANCE SHEETS (un

CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Assets:
Cash and due from banks	$ 2,308	$ 3,639
Federal funds sold	9	12
Interest-earning demand in other financial institutions	45,436	42,218
Cash and cash equivalents	47,753	45,869
Investment securities - available-for-sale, at fair value; amortized cost of $26,058 at September 30, 2018 and $28,742 at December 31, 2017	25,802	28,783
Investment securities - held-to-maturity, at amortized cost; fair value of $7,395 at September 30, 2018 and $7,671 at December 31, 2017	7,475	7,565
Investment securities - measured at fair value; amortized cost of $66 at September 30, 2018 and December 31, 2017.	144	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	50,944	55,094
Held for investment, net of allowance for loan losses of $8,519 at September 30, 2018 and $8,420 at December 31, 2017	694,278	671,095
Total loans	745,222	726,189
Other assets acquired through foreclosure, net	0	372
Premises and equipment, net	6,207	5,581
Other assets	18,019	15,236
Total assets	854,709	833,315
Deposits:
Non-interest-bearing demand	105,580	108,500
Interest-bearing demand	267,046	256,717
Savings	14,385	14,085
Certificates of deposit ($250,000 or more)	92,934	81,985
Other certificates of deposit	239,997	238,397
Total deposits	719,942	699,684
Other borrowings	50,000	56,843
Other liabilities	9,210	6,718
Total liabilities	779,152	763,245
Stockholders' equity:
Common stock - no par value, 60,000,000 shares authorized; 8,274,882 shares issued and outstanding at September 30, 2018 and 8,193,339 at December 31, 2017	43,318	42,604
Retained earnings	32,398	27,441
Accumulated other comprehensive income (loss)	(159)	25
Total stockholders' equity	75,557	70,070
Total liabilities and stockholders' equity	$ 854,709	$ 833,315

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Assets:
Investment securities available-for-sale, amortized cost	$ 26,058	$ 28,742
Investment securities held-to-maturity, fair value	7,395	7,671
Investment securities measured at fair value, amortized cost	66	66
Loans:
Held for investment, allowance for loan losses	$ 8,519	$ 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)	8,274,882	8,193,339
Common stock, shares outstanding (in shares)	8,274,882	8,193,339

CONSOLIDATED INCOME STATEMENTS

CONSOLIDATED INCOME STATEMENTS (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Interest income:
Loans, including fees	$ 10,612	$ 9,340	$ 30,283	$ 26,570
Investment securities and other	589	355	1,307	894
Total interest income	11,201	9,695	31,590	27,464
Interest expense:
Deposits	2,222	1,185	5,373	2,984
Other borrowings	351	134	928	294
Total interest expense	2,573	1,319	6,301	3,278
Net interest income	8,628	8,376	25,289	24,186
Provision (credit) for loan losses	(197)	159	(224)	423
Net interest income after provision for loan losses	8,825	8,217	25,513	23,763
Non-interest income:
Other loan fees	379	354	998	999
Document processing fees	120	146	367	430
Service charges	113	118	351	326
Other	29	98	252	299
Total non-interest income	641	716	1,968	2,054
Non-interest expenses:
Salaries and employee benefits	4,147	3,839	12,338	11,566
Occupancy, net	778	754	2,303	2,085
Professional services	326	281	931	759
Data processing	201	192	619	525
Depreciation	199	168	552	519
FDIC assessment	169	172	547	461
Advertising and marketing	154	137	487	488
Stock-based compensation	81	283	284	454
Other	347	561	1,131	1,460
Total non-interest expenses	6,402	6,387	19,192	18,317
Income before provision for income taxes	3,064	2,546	8,289	7,500
Provision for income taxes	695	992	2,239	3,034
Net income	$ 2,369	$ 1,554	$ 6,050	$ 4,466
Earnings per share:
Basic (in dollars per share)	$ 0.29	$ 0.19	$ 0.73	$ 0.55
Diluted (in dollars per share)	$ 0.27	$ 0.18	$ 0.69	$ 0.52
Weighted average number of common shares outstanding:
Basic (in shares)	8,261	8,165	8,233	8,134
Diluted (in shares)	8,761	8,598	8,724	8,569
Dividends declared per common share (in dollars per share)	$ 0.050	$ 0.040	$ 0.140	$ 0.115

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) [Abstract]
Net income	$ 2,369	$ 1,554	$ 6,050	$ 4,466
Other comprehensive income, net:
Unrealized income (loss) on securities available-for-sale (AFS), net (tax effect of $34, $11, $82 and ($70) for each respective period presented)	(48)	(17)	(125)	99
Net other comprehensive income (loss)	(48)	(17)	(125)	99
Comprehensive income	$ 2,321	$ 1,537	$ 5,925	$ 4,565

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Other comprehensive income, net:
Unrealized income (loss) on securities available-for-sale (AFS), tax effect	$ 34	$ 11	$ 82	$ (70)

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				$ 4,466
Other comprehensive income, net				99
Net income				1,554
Other comprehensive income, net				(17)
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	6,050	$ 6,050
Exercise of stock options	$ 430	0	0	430
Exercise of stock options (in shares)	82,000
Stock based compensation	$ 284	0	0	284
Stock based compensation (in shares)	0
Dividends on common stock	$ 0	0	(1,152)	(1,152)
Other comprehensive income, net	0	(125)	0	(125)
Balance at Sep. 30, 2018	$ 43,318	(159)	32,398	$ 75,557
Balance (in shares) at Sep. 30, 2018	8,275,000			8,274,882
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				$ 2,369
Other comprehensive income, net				(48)
Balance at Sep. 30, 2018	$ 43,318	$ (159)	$ 32,398	$ 75,557
Balance (in shares) at Sep. 30, 2018	8,275,000			8,274,882

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities:
Net income	$ 6,050	$ 4,466
Adjustments to reconcile net income to cash provided by operating activities:
(Credit) provision for loan losses	(224)	423
Depreciation	552	519
Stock-based compensation	284	454
Deferred income taxes	(466)	(714)
Net accretion of discounts and premiums for investment securities	70	65
Losses/(Gains) on:
Sale of repossessed assets, net	62	(150)
Loans originated for sale and principal collections, net	4,150	2,855
Changes in:
Investment securities held at fair value	12	0
Other assets	(2,464)	(1,222)
Other liabilities	2,570	2,338
Servicing assets, net	67	54
Net cash provided by operating activities	10,663	9,088
Cash flows from investing activities:
Principal pay downs and maturities of available-for-sale securities	2,646	2,315
Purchase of available-for-sale securities	0	(9,413)
Purchase of held-to-maturity securities	(794)	0
Principal pay downs and maturities of held-to-maturity securities	869	796
Loan originations and principal collections, net	(23,132)	(94,808)
Purchase of restricted stock, net	(367)	(277)
Purchase of premises and equipment, net	(1,178)	(1,720)
Proceeds from sale of other real estate owned and repossessed assets, net	484	303
Net cash used in investing activities	(21,472)	(102,804)
Cash flows from financing activities:
Net increase in deposits	20,258	84,918
Net (decrease) increase in borrowings	(6,843)	26,843
Exercise of stock options	430	347
Cash dividends paid on common stock	(1,152)	(936)
Net cash provided by financing activities	12,693	111,172
Net increase cash and cash equivalents	1,884	17,456
Cash and cash equivalents at beginning of year	45,869	34,116
Cash and cash equivalents at end of period	47,753	51,572
Cash paid during the period for:
Interest	5,586	3,118
Income taxes	2,010	2,380
Non-cash investing and financing activity:
Transfers to other assets acquired through foreclosure, net	$ 174	$ 502

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 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 nine months ended September 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 nine months ended September 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 commercial agriculture and SBA. The Company did not incur any lower of cost or fair value provision in the three and nine months ended September 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, collateral, guarantees and economic and environmental conditions that may affect the borrowers' ability to pay and/or the value of the underlying collateral. Additional factors considered include: geographic location of borrowers, changes in the Company’s product-specific credit policy and lending staff experience. These estimates depend on the outcome of future events and, therefore, contain inherent uncertainties. Another component of the ALL considers qualitative factors related to non-impaired loans. The qualitative portion of the allowance on each of the loan pools is based on 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 is currently implementing lease accounting software 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	9 Months Ended
	Sep. 30, 2018
INVESTMENT SECURITIES [Abstract]
INVESTMENT SECURITIES	2. INVESTMENT SECURITIES The amortized cost and estimated fair value of investment securities are as follows: September 30, 2018 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 12,722 $ — $ (202 ) $ 12,520 U.S. government agency collateralized mortgage obligations ("CMO") 13,336 28 (82 ) 13,282 Total $ 26,058 $ 28 $ (284 ) $ 25,802 Securities held-to-maturity U.S. government agency mortgage backed securities ("MBS") $ 7,475 $ 125 $ (205 ) $ 7,395 Total $ 7,475 $ 125 $ (205 ) $ 7,395 Securities measured at fair value Equity securities: Farmer Mac class A stock $ 66 $ 78 $ — $ 144 Total $ 66 $ 78 $ — $ 144 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 September 30, 2018 and December 31, 2017, $33.3 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: September 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 $ 1,912 2.6 % $ 1,411 2.3 % $ 9,197 2.8 % $ — — $ 12,520 2.7 % U.S. government agency CMO — — 2,237 2.3 % 8,158 2.5 % 2,887 3 % 13,282 2.6 % Total $ 1,912 2.6 % $ 3,648 2.3 % $ 17,355 2.7 % $ 2,887 3.0 % $ 25,802 2.7 % Securities held-to-maturity U.S. government agency MBS $ — — $ 1,751 4.2 % $ 4,927 3.3 % $ 797 3.6 % $ 7,475 3.6 % Total $ — — $ 1,751 4.2 % $ 4,927 3.3 % $ 797 3.6 % $ 7,475 3.6 % Securities measured at fair value Farmer Mac class A stock $ — — $ — — $ — — $ — — $ 144 — Total $ — — $ — — $ — — $ — — $ 144 — 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: September 30, December 31, 2018 2017 Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Securities available-for-sale (in thousands) Due in one year or less $ 1,997 $ 1,912 $ 1,997 $ 1,967 After one year through five years 3,687 3,648 5,220 5,195 After five years through ten years 17,443 17,355 18,506 18,539 After ten years 2,931 2,887 2,953 2,926 Farmer Mac class A stock — — 66 156 Total $ 26,058 $ 25,802 $ 28,742 $ 28,783 Securities held-to-maturity Due in one year or less $ — $ — $ — $ — After one year through five years 1,751 1,837 2,802 2,938 After five years through ten years 4,927 4,775 4,763 4,733 After ten years 797 783 — — Total $ 7,475 $ 7,395 $ 7,565 $ 7,671 Securities measured at fair value Farmer Mac class A stock $ 66 $ 144 $ — $ — Total $ 66 $ 144 $ — $ — 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: September 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 $ 113 $ 6,185 $ 89 $ 6,335 $ 202 $ 12,520 U.S. government agency CMO 30 774 52 2,629 82 3,403 Total $ 143 $ 6,959 $ 141 $ 8,964 $ 284 $ 15,923 Securities held-to-maturity U.S. Government-agency MBS $ 31 $ 2,504 $ 174 $ 2,074 $ 205 $ 4,578 Total $ 31 $ 2,504 $ 174 $ 2,074 $ 205 $ 4,578 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 September 30, 2018 and December 31, 2017, there were 19 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 September 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	9 Months Ended
	Sep. 30, 2018
LOANS HELD FOR SALE [Abstract]
LOANS HELD FOR SALE	3. LOANS HELD FOR SALE SBA and Agriculture Loans As of September 30, 2018 and December 31, 2017, the Company had approximately $15.0 million and $18.9 million, respectively, of SBA loans included in loans held for sale. As of September 30, 2018 and December 31, 2017, the principal balance of SBA loans serviced for others was $8.0 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 September 30, 2018 and December 31, 2017, the Company had $35.9 million and $36.2 million of USDA loans included in loans held for sale, respectively. As of September 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	9 Months Ended
	Sep. 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: September 30, December 31, 2018 2017 (in thousands) Manufactured housing $ 240,010 $ 223,115 Commercial real estate 353,136 354,617 Commercial 83,328 75,282 SBA 6,131 7,424 HELOC 9,446 9,422 Single family real estate 11,153 10,346 Consumer 73 83 703,277 680,289 Allowance for loan losses (8,519 ) (8,420 ) Deferred fees, net (402 ) (652 ) Discount on SBA loans (78 ) (122 ) Total loans held for investment, net $ 694,278 $ 671,095 The following table presents the contractual aging of the recorded investment in past due held for investment loans by class of loans: September 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 $ 239,574 $ 144 $ — $ — $ 144 $ 292 $ 240,010 $ — Commercial real estate: Commercial real estate 258,807 235 — — 235 107 259,149 — SBA 504 1st trust deed 24,333 — — — — — 24,333 — Land 6,070 — — — — — 6,070 — Construction 62,257 1,327 — — 1,327 — 63,584 — Commercial 79,141 99 — — 99 4,088 83,328 — SBA 5,275 — — — — 856 6,131 — HELOC 9,244 — — — — 202 9,446 — Single family real estate 10,946 17 — 25 42 165 11,153 25 Consumer 73 — — — — — 73 — Total $ 695,720 $ 1,822 $ — $ 25 $ 1,847 $ 5,710 $ 703,277 $ 25 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 September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (in thousands) Beginning balance $ 8,622 $ 7,994 $ 8,420 $ 7,464 Charge-offs — (33 ) (6 ) (203 ) Recoveries 94 192 329 628 Net recoveries 94 159 323 425 Provision (credit) (197 ) 159 (224 ) 423 Ending balance $ 8,519 $ 8,312 $ 8,519 $ 8,312 As of September 30, 2018 and December 31, 2017, the Company had reserves for credit losses on undisbursed loans of $80,000 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 September 30, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2018 (in thousands) Beginning balance $ 2,145 $ 5,007 $ 1,221 $ 57 $ 93 $ 99 $ — $ 8,622 Charge-offs — — — — — — — — Recoveries 6 — 19 34 35 — — 94 Net (charge-offs) recoveries 6 — 19 34 35 — — 94 Provision (credit) 17 (134 ) 4 (38 ) (36 ) (10 ) — (197 ) Ending balance $ 2,168 $ 4,873 $ 1,244 $ 53 $ 92 $ 89 $ — $ 8,519 2017 Beginning balance $ 2,124 $ 4,332 $ 1,262 $ 91 $ 98 $ 87 $ — $ 7,994 Charge-offs — — — — — (33 ) — (33 ) Recoveries 38 — 43 104 7 — — 192 Net (charge-offs) recoveries 38 — 43 104 7 (33 ) — 159 Provision (credit) (15 ) 359 (100 ) (108 ) (11 ) 34 — 159 Ending balance $ 2,147 $ 4,691 $ 1,205 $ 87 $ 94 $ 88 $ — $ 8,312 For the Nine Months Ended September 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 114 15 43 102 54 1 — 329 Net (charge-offs) recoveries 108 15 43 102 54 1 — 323 Provision (credit) (120 ) 14 68 (122 ) (54 ) (10 ) — (224 ) Ending balance $ 2,168 $ 4,873 $ 1,244 $ 53 $ 92 $ 89 $ — $ 8,519 2017 Beginning balance $ 2,201 $ 3,707 $ 1,241 $ 106 $ 100 $ 109 $ — $ 7,464 Charge-offs (119 ) — — (30 ) — (54 ) — (203 ) Recoveries 105 227 116 168 11 1 — 628 Net (charge-offs) recoveries (14 ) 227 116 138 11 (53 ) — 425 Provision (credit) (40 ) 757 (152 ) (157 ) (17 ) 32 — 423 Ending balance $ 2,147 $ 4,691 $ 1,205 $ 87 $ 94 $ 88 $ — $ 8,312 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 September 30, 2018: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 5,906 $ 245 $ 219 $ 1 $ — $ 282 $ — $ 6,653 Impaired loans with no allowance recorded 2,330 107 6,978 865 203 1,980 — 12,463 Total loans individually evaluated for impairment 8,236 352 7,197 866 203 2,262 — 19,116 Loans collectively evaluated for impairment 231,774 352,784 76,131 5,265 9,243 8,891 73 684,161 Total loans held for investment $ 240,010 $ 353,136 $ 83,328 $ 6,131 $ 9,446 $ 11,153 $ 73 $ 703,277 Unpaid Principal Balance Impaired loans with an allowance recorded $ 5,906 $ 245 $ 219 $ 20 $ — $ 282 $ — $ 6,672 Impaired loans with no allowance recorded 3,520 162 7,082 1,470 249 2,030 — 14,513 Total loans individually evaluated for impairment 9,426 407 7,301 1,490 249 2,312 — 21,185 Loans collectively evaluated for impairment 231,774 352,784 76,131 5,265 9,243 8,891 73 684,161 Total loans held for investment $ 241,200 $ 353,191 $ 83,432 $ 6,755 $ 9,492 $ 11,203 $ 73 $ 705,346 Related Allowance for Credit Losses Impaired loans with an allowance recorded $ 429 $ 9 $ 1 $ — $ — $ 20 $ — $ 459 Impaired loans with no allowance recorded — — — — — — — — Total loans individually evaluated for impairment 429 9 1 — — 20 — 459 Loans collectively evaluated for impairment 1,739 4,864 1,243 53 92 69 — 8,060 Total loans held for investment $ 2,168 $ 4,873 $ 1,244 $ 53 $ 92 $ 89 $ — $ 8,519 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 $2.4 million and $2.6 million of loans guaranteed by government agencies at September 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 September 30, 2018 and December 31, 2017. The table below reflects recorded investment in loans classified as impaired: September 30, December 31, 2018 2017 (in thousands) Impaired loans with a specific valuation allowance under ASC 310 $ 6,653 $ 12,352 Impaired loans without a specific valuation allowance under ASC 310 12,463 8,275 Total impaired loans $ 19,116 $ 20,627 Valuation allowance related to impaired loans $ 459 $ 524 The following table summarizes impaired loans by class of loans: September 30, December 31, 2018 2017 (in thousands) Manufactured housing $ 8,236 $ 7,993 Commercial real estate : Commercial real estate 107 122 SBA 504 1st trust deed 245 435 Land — — Construction — — Commercial 7,197 8,574 SBA 866 980 HELOC 203 214 Single family real estate 2,262 2,309 Consumer — — Total $ 19,116 $ 20,627 The following tables summarize average investment in impaired loans by class of loans and the related interest income recognized: Three Months Ended September 30, 2018 2017 Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income (in thousands) Manufactured housing $ 8,175 $ 162 $ 7,483 $ 174 Commercial real estate: Commercial real estate 111 — 120 1 SBA 504 1st trust deed 407 5 402 5 Land — — — — Construction — — — — Commercial 7,444 47 4,789 54 SBA 902 17 662 1 HELOC 203 11 214 — Single family real estate 2,223 27 1,951 25 Consumer — — — — Total $ 19,465 $ 269 $ 15,621 $ 260 Nine Months Ended September 30, 2018 2017 Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income (in thousands) Manufactured housing $ 8,226 $ 497 $ 7,634 $ 488 Commercial real estate: Commercial real estate 116 — 123 1 SBA 504 1st trust deed 378 14 523 15 Land — — — — Construction — — — — Commercial 7,737 145 4,486 155 SBA 921 18 767 3 HELOC 207 12 273 — Single family real estate 2,276 81 1,973 75 Consumer — — — — Total $ 19,861 $ 767 $ 15,779 $ 737 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: September 30, December 31, 2018 2017 (in thousands) Nonaccrual loans $ 5,710 $ 6,844 Government guaranteed portion of loans included above $ 1,955 $ 2,372 Troubled debt restructured loans, gross $ 17,644 $ 16,603 Loans 30 through 89 days past due with interest accruing $ 1,822 $ 389 Loans 90 days or more past due with interest accruing $ 25 $ — Allowance for loan losses to gross loans held for investment 1.21 % 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 $ million. The following table presents the composition of nonaccrual loans by class of loans: September 30, December 31, 2018 2017 (in thousands) Manufactured housing $ 292 $ 418 Commercial real estate: Commercial real estate 107 122 SBA 504 1st trust deed — 184 Land — — Construction — — Commercial 4,088 4,786 SBA 856 944 HELOC 202 214 Single family real estate 165 176 Consumer — — Total $ 5,710 $ 6,844 Included in nonaccrual loans are $2.0 million of loans guaranteed by government agencies at September 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: September 30, 2018 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 239,459 $ — $ 551 $ — $ 240,010 Commercial real estate: Commercial real estate 259,042 — 107 — 259,149 SBA 504 1st trust deed 23,854 — 479 — 24,333 Land 6,070 — — — 6,070 Construction 62,257 1,327 — — 63,584 Commercial 75,838 350 5,655 — 81,843 SBA 4,474 44 374 — 4,892 HELOC 9,243 — 203 — 9,446 Single family real estate 10,983 — 170 — 11,153 Consumer 73 — — — 73 Total, net 691,293 1,721 7,539 — 700,553 Government guarantee — — 2,724 — 2,724 Total $ 691,293 $ 1,721 $ 10,263 $ — $ 703,277 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 September 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 2 $ — $ 166 $ 53 $ 166 $ 3 Total 2 $ — $ 166 $ 53 $ 166 $ 3 For the Nine Months Ended September 30, 2018 Number of Loans Pre- Modification Recorded Investment Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing 12 $ 1,047 $ 1,213 $ 1,100 $ 1,213 $ 66 Commercial 3 1,781 1,781 — 1,781 — Total 15 $ 2,828 $ 2,994 $ 1,100 $ 2,994 $ 66 For the Three Months Ended September 30, 2017 Number of Loans Pre- Modification Recorded Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Extension Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing 2 $ 363 $ 363 $ 363 $ 363 $ 24 Commercial 1 14 14 - 14 - Total 3 $ 377 $ 377 $ 363 $ 377 $ 24 For the Nine Months Ended September 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 9 $ 807 $ 807 $ 807 $ 807 $ 45 Commercial 2 $ 102 $ 102 $ — $ 102 $ 2 SBA 1 $ 17 $ 17 $ — $ 17 $ 1 Total 12 $ 926 $ 926 $ 807 $ 926 $ 48 The average rate concessions were 50 basis points and 73 basis points, for the three and nine months ended September 30, 2018 and 100 basis points and 97 basis points for the three and nine months ended September 30, 2017, respectively. The average term extension in months was 180 and 151 for the three and nine months ended September 30, 2018 and 126 and 138 for the three and nine months ended September 30, 2017, respectively. A TDR loan is deemed to have a payment default when the borrower fails to make - consecutive payments or the collateral is transferred to repossessed assets. The Company had no TDR’s with payment defaults for the three or nine months ended September 30, 2018 or 2017. At September 30, 2018 there were no material loan commitments outstanding on TDR loans.

OTHER ASSETS ACQUIRED THROUGH F

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE	9 Months Ended
	Sep. 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 September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (in thousands) Balance, beginning of period $ 213 $ 362 $ 372 $ 137 Additions — 132 174 502 Proceeds from dispositions (213 ) (60 ) (484 ) (303 ) (Loss) gain on sales, net — 52 (62 ) 150 Balance, end of period $ — $ 486 $ — $ 486

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	9 Months Ended
	Sep. 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 September 30, 2018 and December 31, 2017. The estimated fair value amounts for September 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: September 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 $ 144 $ 25,802 $ — $ 25,946 Interest only strips — — 62 62 Servicing assets — — 56 56 $ 144 $ 25,802 $ 118 $ 26,064 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 (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) September 30, 2018: Impaired loans $ 4,746 $ — $ 4,746 $ — Loans held for sale 51,558 — 51,558 — Foreclosed real estate and repossessed assets — — — — $ 56,304 $ — $ 56,304 $ — 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: September 30, 2018 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 47,753 $ 47,753 $ — $ — $ 47,753 FRB and FHLB stock 4,087 — 4,087 — 4,087 Investment securities 33,421 144 33,197 — 33,341 Loans, net 745,222 — 725,139 14,076 739,215 Financial liabilities: Deposits 719,942 — 701,534 — 701,534 Other borrowings 50,000 — 49,799 — 49,799 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 September 30, 2018 and December 31, 2017, the Company had loans held for sale with an aggregate carrying value of $50.9 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 September 30, 2018 or at December 31, 2017. Unfunded loan commitments at September 30, 2018 and December 31, 2017 were $61.6 million and $68.8 million, respectively.

OTHER BORROWINGS

OTHER BORROWINGS	9 Months Ended
	Sep. 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	9 Months Ended
	Sep. 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 September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Unrealized holding gains (losses) on AFS Unrealized holding gains (losses) on AFS (in thousands) Beginning balance $ (111 ) $ 87 $ 25 $ (29 ) Other comprehensive income before reclassifications (48 ) (17 ) (125 ) 99 Amounts reclassified from accumulated other comprehensive income — — (59 ) — Net current-period other comprehensive income (48 ) (17 ) (184 ) 99 Ending Balance $ (159 ) $ 70 $ (159 ) $ 70 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 nine months ended September 30, 2018. During the three and nine months ended September 30, 2018, the Company paid common stock dividends of $0.4 million and $1.2 million, respectively. During the three and nine months ended September 30, 2017, the Company paid common stock dividends of $0.3 million and $0.9 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	9 Months Ended
	Sep. 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 September 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) September 30, 2018 CWB's actual regulatory ratios 10.78 % 9.63 % 9.63 % 8.22 % 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 September 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 September 30, 2018 that management believes have changed the Company’s or the Bank’s risk-based capital category.

REVENUE RECOGNITION

REVENUE RECOGNITION	9 Months Ended
	Sep. 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 September 30, Nine Months Ended September 30, 2018 2017 2018 2017 In-scope of Topic 606: (in thousands) Service charges on deposit accounts $ 95 $ 89 $ 281 $ 248 Exchange fees and other service charges 43 46 142 113 Non-interest income (in-scope of Topic 606) 138 135 423 361 Non-interest income (out-of-scope of Topic 606) 503 581 1,545 1,693 $ 641 $ 716 $ 1,968 $ 2,054 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 September 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 ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 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 nine months ended September 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 nine months ended September 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 commercial agriculture and SBA. The Company did not incur any lower of cost or fair value provision in the three and nine months ended September 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, collateral, guarantees and economic and environmental conditions that may affect the borrowers' ability to pay and/or the value of the underlying collateral. Additional factors considered include: geographic location of borrowers, changes in the Company’s product-specific credit policy and lending staff experience. These estimates depend on the outcome of future events and, therefore, contain inherent uncertainties. Another component of the ALL considers qualitative factors related to non-impaired loans. The qualitative portion of the allowance on each of the loan pools is based on 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 is currently implementing lease accounting software 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)	9 Months Ended
	Sep. 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: September 30, 2018 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 12,722 $ — $ (202 ) $ 12,520 U.S. government agency collateralized mortgage obligations ("CMO") 13,336 28 (82 ) 13,282 Total $ 26,058 $ 28 $ (284 ) $ 25,802 Securities held-to-maturity U.S. government agency mortgage backed securities ("MBS") $ 7,475 $ 125 $ (205 ) $ 7,395 Total $ 7,475 $ 125 $ (205 ) $ 7,395 Securities measured at fair value Equity securities: Farmer Mac class A stock $ 66 $ 78 $ — $ 144 Total $ 66 $ 78 $ — $ 144 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: September 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 $ 1,912 2.6 % $ 1,411 2.3 % $ 9,197 2.8 % $ — — $ 12,520 2.7 % U.S. government agency CMO — — 2,237 2.3 % 8,158 2.5 % 2,887 3 % 13,282 2.6 % Total $ 1,912 2.6 % $ 3,648 2.3 % $ 17,355 2.7 % $ 2,887 3.0 % $ 25,802 2.7 % Securities held-to-maturity U.S. government agency MBS $ — — $ 1,751 4.2 % $ 4,927 3.3 % $ 797 3.6 % $ 7,475 3.6 % Total $ — — $ 1,751 4.2 % $ 4,927 3.3 % $ 797 3.6 % $ 7,475 3.6 % Securities measured at fair value Farmer Mac class A stock $ — — $ — — $ — — $ — — $ 144 — Total $ — — $ — — $ — — $ — — $ 144 — 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: September 30, December 31, 2018 2017 Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Securities available-for-sale (in thousands) Due in one year or less $ 1,997 $ 1,912 $ 1,997 $ 1,967 After one year through five years 3,687 3,648 5,220 5,195 After five years through ten years 17,443 17,355 18,506 18,539 After ten years 2,931 2,887 2,953 2,926 Farmer Mac class A stock — — 66 156 Total $ 26,058 $ 25,802 $ 28,742 $ 28,783 Securities held-to-maturity Due in one year or less $ — $ — $ — $ — After one year through five years 1,751 1,837 2,802 2,938 After five years through ten years 4,927 4,775 4,763 4,733 After ten years 797 783 — — Total $ 7,475 $ 7,395 $ 7,565 $ 7,671 Securities measured at fair value Farmer Mac class A stock $ 66 $ 144 $ — $ — Total $ 66 $ 144 $ — $ —
Fair Value and Unrealized Losses of Securities in Unrealized Loss Position	The following tables show all securities that are in an unrealized loss position: September 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 $ 113 $ 6,185 $ 89 $ 6,335 $ 202 $ 12,520 U.S. government agency CMO 30 774 52 2,629 82 3,403 Total $ 143 $ 6,959 $ 141 $ 8,964 $ 284 $ 15,923 Securities held-to-maturity U.S. Government-agency MBS $ 31 $ 2,504 $ 174 $ 2,074 $ 205 $ 4,578 Total $ 31 $ 2,504 $ 174 $ 2,074 $ 205 $ 4,578 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)	9 Months Ended
	Sep. 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: September 30, December 31, 2018 2017 (in thousands) Manufactured housing $ 240,010 $ 223,115 Commercial real estate 353,136 354,617 Commercial 83,328 75,282 SBA 6,131 7,424 HELOC 9,446 9,422 Single family real estate 11,153 10,346 Consumer 73 83 703,277 680,289 Allowance for loan losses (8,519 ) (8,420 ) Deferred fees, net (402 ) (652 ) Discount on SBA loans (78 ) (122 ) Total loans held for investment, net $ 694,278 $ 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: September 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 $ 239,574 $ 144 $ — $ — $ 144 $ 292 $ 240,010 $ — Commercial real estate: Commercial real estate 258,807 235 — — 235 107 259,149 — SBA 504 1st trust deed 24,333 — — — — — 24,333 — Land 6,070 — — — — — 6,070 — Construction 62,257 1,327 — — 1,327 — 63,584 — Commercial 79,141 99 — — 99 4,088 83,328 — SBA 5,275 — — — — 856 6,131 — HELOC 9,244 — — — — 202 9,446 — Single family real estate 10,946 17 — 25 42 165 11,153 25 Consumer 73 — — — — — 73 — Total $ 695,720 $ 1,822 $ — $ 25 $ 1,847 $ 5,710 $ 703,277 $ 25 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 September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (in thousands) Beginning balance $ 8,622 $ 7,994 $ 8,420 $ 7,464 Charge-offs — (33 ) (6 ) (203 ) Recoveries 94 192 329 628 Net recoveries 94 159 323 425 Provision (credit) (197 ) 159 (224 ) 423 Ending balance $ 8,519 $ 8,312 $ 8,519 $ 8,312 As of September 30, 2018 and December 31, 2017, the Company had reserves for credit losses on undisbursed loans of $80,000 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 September 30, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2018 (in thousands) Beginning balance $ 2,145 $ 5,007 $ 1,221 $ 57 $ 93 $ 99 $ — $ 8,622 Charge-offs — — — — — — — — Recoveries 6 — 19 34 35 — — 94 Net (charge-offs) recoveries 6 — 19 34 35 — — 94 Provision (credit) 17 (134 ) 4 (38 ) (36 ) (10 ) — (197 ) Ending balance $ 2,168 $ 4,873 $ 1,244 $ 53 $ 92 $ 89 $ — $ 8,519 2017 Beginning balance $ 2,124 $ 4,332 $ 1,262 $ 91 $ 98 $ 87 $ — $ 7,994 Charge-offs — — — — — (33 ) — (33 ) Recoveries 38 — 43 104 7 — — 192 Net (charge-offs) recoveries 38 — 43 104 7 (33 ) — 159 Provision (credit) (15 ) 359 (100 ) (108 ) (11 ) 34 — 159 Ending balance $ 2,147 $ 4,691 $ 1,205 $ 87 $ 94 $ 88 $ — $ 8,312 For the Nine Months Ended September 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 114 15 43 102 54 1 — 329 Net (charge-offs) recoveries 108 15 43 102 54 1 — 323 Provision (credit) (120 ) 14 68 (122 ) (54 ) (10 ) — (224 ) Ending balance $ 2,168 $ 4,873 $ 1,244 $ 53 $ 92 $ 89 $ — $ 8,519 2017 Beginning balance $ 2,201 $ 3,707 $ 1,241 $ 106 $ 100 $ 109 $ — $ 7,464 Charge-offs (119 ) — — (30 ) — (54 ) — (203 ) Recoveries 105 227 116 168 11 1 — 628 Net (charge-offs) recoveries (14 ) 227 116 138 11 (53 ) — 425 Provision (credit) (40 ) 757 (152 ) (157 ) (17 ) 32 — 423 Ending balance $ 2,147 $ 4,691 $ 1,205 $ 87 $ 94 $ 88 $ — $ 8,312
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 September 30, 2018: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 5,906 $ 245 $ 219 $ 1 $ — $ 282 $ — $ 6,653 Impaired loans with no allowance recorded 2,330 107 6,978 865 203 1,980 — 12,463 Total loans individually evaluated for impairment 8,236 352 7,197 866 203 2,262 — 19,116 Loans collectively evaluated for impairment 231,774 352,784 76,131 5,265 9,243 8,891 73 684,161 Total loans held for investment $ 240,010 $ 353,136 $ 83,328 $ 6,131 $ 9,446 $ 11,153 $ 73 $ 703,277 Unpaid Principal Balance Impaired loans with an allowance recorded $ 5,906 $ 245 $ 219 $ 20 $ — $ 282 $ — $ 6,672 Impaired loans with no allowance recorded 3,520 162 7,082 1,470 249 2,030 — 14,513 Total loans individually evaluated for impairment 9,426 407 7,301 1,490 249 2,312 — 21,185 Loans collectively evaluated for impairment 231,774 352,784 76,131 5,265 9,243 8,891 73 684,161 Total loans held for investment $ 241,200 $ 353,191 $ 83,432 $ 6,755 $ 9,492 $ 11,203 $ 73 $ 705,346 Related Allowance for Credit Losses Impaired loans with an allowance recorded $ 429 $ 9 $ 1 $ — $ — $ 20 $ — $ 459 Impaired loans with no allowance recorded — — — — — — — — Total loans individually evaluated for impairment 429 9 1 — — 20 — 459 Loans collectively evaluated for impairment 1,739 4,864 1,243 53 92 69 — 8,060 Total loans held for investment $ 2,168 $ 4,873 $ 1,244 $ 53 $ 92 $ 89 $ — $ 8,519 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: September 30, December 31, 2018 2017 (in thousands) Impaired loans with a specific valuation allowance under ASC 310 $ 6,653 $ 12,352 Impaired loans without a specific valuation allowance under ASC 310 12,463 8,275 Total impaired loans $ 19,116 $ 20,627 Valuation allowance related to impaired loans $ 459 $ 524
Impaired Loans by Class	The following table summarizes impaired loans by class of loans: September 30, December 31, 2018 2017 (in thousands) Manufactured housing $ 8,236 $ 7,993 Commercial real estate : Commercial real estate 107 122 SBA 504 1st trust deed 245 435 Land — — Construction — — Commercial 7,197 8,574 SBA 866 980 HELOC 203 214 Single family real estate 2,262 2,309 Consumer — — Total $ 19,116 $ 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 September 30, 2018 2017 Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income (in thousands) Manufactured housing $ 8,175 $ 162 $ 7,483 $ 174 Commercial real estate: Commercial real estate 111 — 120 1 SBA 504 1st trust deed 407 5 402 5 Land — — — — Construction — — — — Commercial 7,444 47 4,789 54 SBA 902 17 662 1 HELOC 203 11 214 — Single family real estate 2,223 27 1,951 25 Consumer — — — — Total $ 19,465 $ 269 $ 15,621 $ 260 Nine Months Ended September 30, 2018 2017 Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income (in thousands) Manufactured housing $ 8,226 $ 497 $ 7,634 $ 488 Commercial real estate: Commercial real estate 116 — 123 1 SBA 504 1st trust deed 378 14 523 15 Land — — — — Construction — — — — Commercial 7,737 145 4,486 155 SBA 921 18 767 3 HELOC 207 12 273 — Single family real estate 2,276 81 1,973 75 Consumer — — — — Total $ 19,861 $ 767 $ 15,779 $ 737
Recorded Investment in Certain Types of Loans	The following table reflects the recorded investment in certain types of loans at the periods indicated: September 30, December 31, 2018 2017 (in thousands) Nonaccrual loans $ 5,710 $ 6,844 Government guaranteed portion of loans included above $ 1,955 $ 2,372 Troubled debt restructured loans, gross $ 17,644 $ 16,603 Loans 30 through 89 days past due with interest accruing $ 1,822 $ 389 Loans 90 days or more past due with interest accruing $ 25 $ — Allowance for loan losses to gross loans held for investment 1.21 % 1.24 %
Composition of Net Nonaccrual Loans	The following table presents the composition of nonaccrual loans by class of loans: September 30, December 31, 2018 2017 (in thousands) Manufactured housing $ 292 $ 418 Commercial real estate: Commercial real estate 107 122 SBA 504 1st trust deed — 184 Land — — Construction — — Commercial 4,088 4,786 SBA 856 944 HELOC 202 214 Single family real estate 165 176 Consumer — — Total $ 5,710 $ 6,844
Gross Loans by Risk Rating	The following tables present gross loans by risk rating: September 30, 2018 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 239,459 $ — $ 551 $ — $ 240,010 Commercial real estate: Commercial real estate 259,042 — 107 — 259,149 SBA 504 1st trust deed 23,854 — 479 — 24,333 Land 6,070 — — — 6,070 Construction 62,257 1,327 — — 63,584 Commercial 75,838 350 5,655 — 81,843 SBA 4,474 44 374 — 4,892 HELOC 9,243 — 203 — 9,446 Single family real estate 10,983 — 170 — 11,153 Consumer 73 — — — 73 Total, net 691,293 1,721 7,539 — 700,553 Government guarantee — — 2,724 — 2,724 Total $ 691,293 $ 1,721 $ 10,263 $ — $ 703,277 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 September 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 2 $ — $ 166 $ 53 $ 166 $ 3 Total 2 $ — $ 166 $ 53 $ 166 $ 3 For the Nine Months Ended September 30, 2018 Number of Loans Pre- Modification Recorded Investment Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing 12 $ 1,047 $ 1,213 $ 1,100 $ 1,213 $ 66 Commercial 3 1,781 1,781 — 1,781 — Total 15 $ 2,828 $ 2,994 $ 1,100 $ 2,994 $ 66 For the Three Months Ended September 30, 2017 Number of Loans Pre- Modification Recorded Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Extension Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing 2 $ 363 $ 363 $ 363 $ 363 $ 24 Commercial 1 14 14 - 14 - Total 3 $ 377 $ 377 $ 363 $ 377 $ 24 For the Nine Months Ended September 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 9 $ 807 $ 807 $ 807 $ 807 $ 45 Commercial 2 $ 102 $ 102 $ — $ 102 $ 2 SBA 1 $ 17 $ 17 $ — $ 17 $ 1 Total 12 $ 926 $ 926 $ 807 $ 926 $ 48

OTHER ASSETS ACQUIRED THROUGH_2

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE (Tables)	9 Months Ended
	Sep. 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 September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (in thousands) Balance, beginning of period $ 213 $ 362 $ 372 $ 137 Additions — 132 174 502 Proceeds from dispositions (213 ) (60 ) (484 ) (303 ) (Loss) gain on sales, net — 52 (62 ) 150 Balance, end of period $ — $ 486 $ — $ 486

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	9 Months Ended
	Sep. 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: September 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 $ 144 $ 25,802 $ — $ 25,946 Interest only strips — — 62 62 Servicing assets — — 56 56 $ 144 $ 25,802 $ 118 $ 26,064 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 (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) September 30, 2018: Impaired loans $ 4,746 $ — $ 4,746 $ — Loans held for sale 51,558 — 51,558 — Foreclosed real estate and repossessed assets — — — — $ 56,304 $ — $ 56,304 $ — 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: September 30, 2018 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 47,753 $ 47,753 $ — $ — $ 47,753 FRB and FHLB stock 4,087 — 4,087 — 4,087 Investment securities 33,421 144 33,197 — 33,341 Loans, net 745,222 — 725,139 14,076 739,215 Financial liabilities: Deposits 719,942 — 701,534 — 701,534 Other borrowings 50,000 — 49,799 — 49,799 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)	9 Months Ended
	Sep. 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 September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Unrealized holding gains (losses) on AFS Unrealized holding gains (losses) on AFS (in thousands) Beginning balance $ (111 ) $ 87 $ 25 $ (29 ) Other comprehensive income before reclassifications (48 ) (17 ) (125 ) 99 Amounts reclassified from accumulated other comprehensive income — — (59 ) — Net current-period other comprehensive income (48 ) (17 ) (184 ) 99 Ending Balance $ (159 ) $ 70 $ (159 ) $ 70

CAPITAL REQUIREMENT (Tables)

CAPITAL REQUIREMENT (Tables)	9 Months Ended
	Sep. 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 September 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) September 30, 2018 CWB's actual regulatory ratios 10.78 % 9.63 % 9.63 % 8.22 % 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)	9 Months Ended
	Sep. 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 September 30, Nine Months Ended September 30, 2018 2017 2018 2017 In-scope of Topic 606: (in thousands) Service charges on deposit accounts $ 95 $ 89 $ 281 $ 248 Exchange fees and other service charges 43 46 142 113 Non-interest income (in-scope of Topic 606) 138 135 423 361 Non-interest income (out-of-scope of Topic 606) 503 581 1,545 1,693 $ 641 $ 716 $ 1,968 $ 2,054

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	9 Months Ended	12 Months Ended
	Sep. 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	Sep. 30, 2018	Dec. 31, 2017
Available-for-sale Debt Securities, Fair Value to Amortized Cost Basis [Abstract]
Amortized cost	$ 26,058
Gross unrealized gains	28
Gross unrealized (losses)	(284)
Fair value	25,802	$ 28,783
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Amortized cost	26,058	28,742
Gross unrealized gains		191
Gross unrealized (losses)		(150)
Fair value		28,783
Securities held-to-maturity [Abstract]
Amortized cost	7,475	7,565
Gross unrealized gains	125	216
Gross unrealized (losses)	(205)	(110)
Fair value	7,395	7,671
Securities Measured at Fair Value, Fair Value to Amortized Cost Basis [Abstract]
Amortized cost	66	66
Gross unrealized gains	78
Gross unrealized (losses)	0
Fair value	144	0
Securities pledged as collateral	33,300	36,200
U.S. Government Agency Notes [Member]
Available-for-sale Debt Securities, Fair Value to Amortized Cost Basis [Abstract]
Amortized cost	12,722	14,035
Gross unrealized gains	0	35
Gross unrealized (losses)	(202)	(92)
Fair value	12,520	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	13,336	14,641
Gross unrealized gains	28	66
Gross unrealized (losses)	(82)	(58)
Fair value	13,282	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	78
Gross unrealized (losses)	0
Fair value	144
U.S. Government Agency Mortgage Backed Securities ("MBS") [Member]
Securities held-to-maturity [Abstract]
Amortized cost	7,475	7,565
Gross unrealized gains	125	216
Gross unrealized (losses)	(205)	(110)
Fair value	$ 7,395	$ 7,671

INVESTMENT SECURITIES, Maturity

INVESTMENT SECURITIES, Maturity Periods and Weighted Average Yields (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Maturity periods and weighted average yields of investment securities available-for-sale [Abstract]
Less than one year, amount	$ 1,912	$ 1,967
Less than one year, yield	2.60%	2.60%
One to five years, amount	$ 3,648	$ 5,195
One to five years, yield	2.30%	1.80%
Five to ten years, amount	$ 17,355	$ 18,539
Five to ten years, yield	2.70%	1.90%
Over ten years, amount	$ 2,887	$ 2,926
Over ten years, yield	3.00%	2.30%
Without single maturity date, total amount	$ 0	$ 156
Securities measured at fair value, total amount	$ 144	0
Securities measured at fair value, total yield	0.00%
Fair value	$ 25,802	28,783
Total yield	2.70%
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	$ 1,751	$ 2,802
One to five years, yield	4.20%	3.60%
Five to ten years, amount	$ 4,927	$ 4,763
Five to ten years, yield	3.30%	3.10%
Over ten years, amount	$ 797	$ 0
Over ten years, yield	3.60%	0.00%
Total amount	$ 7,475	$ 7,565
Total yield	3.60%	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	$ 1,912	$ 1,967
Less than one year, yield	2.60%	2.60%
One to five years, amount	$ 1,411	$ 1,833
One to five years, yield	2.30%	1.60%
Five to ten years, amount	$ 9,197	$ 10,178
Five to ten years, yield	2.80%	2.00%
Over ten years, amount	$ 0	$ 0
Over ten years, yield	0.00%	0.00%
Single maturity date, total amount	$ 12,520	$ 13,978
Single maturity date, total yield	2.70%	2.00%
Fair value	$ 12,520	$ 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	$ 2,237	$ 3,362
One to five years, yield	2.30%	1.90%
Five to ten years, amount	$ 8,158	$ 8,361
Five to ten years, yield	2.50%	1.90%
Over ten years, amount	$ 2,887	$ 2,926
Over ten years, yield	3.00%	2.30%
Single maturity date, total amount	$ 13,282	$ 14,649
Single maturity date, total yield	2.60%	1.90%
Fair value	$ 13,282	$ 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	$ 1,751	$ 2,802
One to five years, yield	4.20%	3.60%
Five to ten years, amount	$ 4,927	$ 4,763
Five to ten years, yield	3.30%	3.10%
Over ten years, amount	$ 797	$ 0
Over ten years, yield	3.60%	0.00%
Total amount	$ 7,475	$ 7,565
Total yield	3.60%	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	$ 144
Securities measured at fair value, total yield	0.00%

INVESTMENT SECURITIES, Investme

INVESTMENT SECURITIES, Investment Securities by Contractual Maturities (Details) - USD ($) $ in Thousands	Sep. 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	3,687	5,220
After five years through ten years	17,443	18,506
After ten years	2,931	2,953
Farmer Mac class A stock	0	66
Amortized cost	26,058
Amortized cost	26,058	28,742
Securities available for sale, Estimated Fair Value [Abstract]
Due in one year or less	1,912	1,967
After one year through five years	3,648	5,195
After five years through ten years	17,355	18,539
After ten years	2,887	2,926
Farmer Mac class A stock	0	156
Estimated fair value	25,802	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	1,751	2,802
After five years through ten years	4,927	4,763
After ten years	797	0
Amortized cost	7,475	7,565
Securities held to maturity, Estimated Fair Value [Abstract]
Due in one year or less	0	0
After one year through five years	1,837	2,938
After five years through ten years	4,775	4,733
After ten years	783	0
Estimated fair value	7,395	7,671
Securities measured at fair value [Abstract]
Amortized cost	66	66
Fair value	$ 144	$ 0

INVESTMENT SECURITIES, Unrealiz

INVESTMENT SECURITIES, Unrealized Loss Positions (Details) $ in Thousands	Sep. 30, 2018USD ($)Security	Dec. 31, 2017USD ($)Security
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	$ 143
Less than twelve months, fair value	6,959
More than twelve months, gross unrealized losses	141
More than twelve months, fair value	8,964
Total, gross unrealized losses	284
Total, fair value	15,923
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	31	0
Less than twelve months, fair value	2,504	0
More than twelve months, gross unrealized losses	174	110
More than twelve months, fair value	2,074	2,496
Total, gross unrealized losses	205	110
Total, fair value	$ 4,578	$ 2,496
Securities in unrealized loss positions | Security	19	14
U.S. Government Agency Notes [Member]
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	$ 113
Less than twelve months, fair value	6,185
More than twelve months, gross unrealized losses	89
More than twelve months, fair value	6,335
Total, gross unrealized losses	202
Total, fair value	12,520
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	30
Less than twelve months, fair value	774
More than twelve months, gross unrealized losses	52
More than twelve months, fair value	2,629
Total, gross unrealized losses	82
Total, fair value	3,403
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	31	0
Less than twelve months, fair value	2,504	0
More than twelve months, gross unrealized losses	174	110
More than twelve months, fair value	2,074	2,496
Total, gross unrealized losses	205	110
Total, fair value	$ 4,578	$ 2,496

LOAN HELD FOR SALE (Details)

LOAN HELD FOR SALE (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Loans Held for Sale [Abstract]
Loans included in loans held for sale	$ 50,944	$ 55,094
SBA [Member]
Loans Held for Sale [Abstract]
Loans included in loans held for sale	15,000	18,900
Principal balance of loan serviced	8,000	10,800
US Department of Agriculture [Member]
Loans Held for Sale [Abstract]
Loans included in loans held for sale	35,900	36,200
Principal balance of loan serviced	$ 2,000	$ 2,000

LOANS HELD FOR INVESTMENT (Deta

LOANS HELD FOR INVESTMENT (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Loans held for investment [Abstract]
Loans held for investment, gross	$ 703,277		$ 680,289
Allowance for loan losses	(8,519)	$ (8,622)	(8,420)	$ (8,312)	$ (7,994)	$ (7,464)
Deferred fees, net	(402)		(652)
Discount on SBA loans	(78)		(122)
Total loans held for investment, net	694,278		671,095
Manufactured Housing [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	240,010		223,115
Allowance for loan losses	(2,168)	(2,145)	(2,180)	(2,147)	(2,124)	(2,201)
Commercial Real Estate [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	353,136		354,617
Allowance for loan losses	(4,873)	(5,007)	(4,844)	(4,691)	(4,332)	(3,707)
Commercial [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	83,328		75,282
Allowance for loan losses	(1,244)	(1,221)	(1,133)	(1,205)	(1,262)	(1,241)
SBA [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	6,131		7,424
Allowance for loan losses	(53)	(57)	(73)	(87)	(91)	(106)
HELOC [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	9,446		9,422
Allowance for loan losses	(92)	(93)	(92)	(94)	(98)	(100)
Single Family Real Estate [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	11,153		10,346
Allowance for loan losses	(89)	(99)	(98)	(88)	(87)	(109)
Consumer [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	73		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	Sep. 30, 2018	Dec. 31, 2017
Aging of loans held for investment [Abstract]
Current	$ 695,720	$ 673,056
Total past due	1,847	389
Nonaccrual	5,710	6,844
Total loans held for investment	703,277	680,289
Recorded investment over 90 days and accruing	25	0
30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	1,822	389
60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	25	0
Manufactured Housing [Member]
Aging of loans held for investment [Abstract]
Current	239,574	222,342
Total past due	144	355
Nonaccrual	292	418
Total loans held for investment	240,010	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	144	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	353,136	354,617
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Aging of loans held for investment [Abstract]
Current	258,807	271,134
Total past due	235	0
Nonaccrual	107	122
Total loans held for investment	259,149	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	235	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	24,333	26,463
Total past due	0	0
Nonaccrual	0	184
Total loans held for investment	24,333	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	6,070	5,092
Total past due	0	0
Nonaccrual	0	0
Total loans held for investment	6,070	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	62,257	51,622
Total past due	1,327	0
Nonaccrual	0	0
Total loans held for investment	63,584	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	1,327	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	79,141	70,481
Total past due	99	15
Nonaccrual	4,088	4,786
Total loans held for investment	83,328	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	99	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	5,275	6,461
Total past due	0	19
Nonaccrual	856	944
Total loans held for investment	6,131	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	0	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	9,244	9,208
Total past due	0	0
Nonaccrual	202	214
Total loans held for investment	9,446	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	10,946	10,170
Total past due	42	0
Nonaccrual	165	176
Total loans held for investment	11,153	10,346
Recorded investment over 90 days and accruing	25	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	0	0
Single Family Real Estate [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	25	0
Consumer [Member]
Aging of loans held for investment [Abstract]
Current	73	83
Total past due	0	0
Nonaccrual	0	0
Total loans held for investment	73	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		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Summary of allowance for loan losses [Roll Forward]
Beginning balance	$ 8,622	$ 7,994	$ 8,420	$ 7,464
Charge-offs	0	(33)	(6)	(203)
Recoveries	94	192	329	628
Net (charge-offs) recoveries	94	159	323	425
Provision (credit)	(197)	159	(224)	423
Ending balance	8,519	8,312	8,519	8,312
Reserve for credit losses on undisbursed loans	80		80		$ 95
Manufactured Housing [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	2,145	2,124	2,180	2,201
Charge-offs	0	0	(6)	(119)
Recoveries	6	38	114	105
Net (charge-offs) recoveries	6	38	108	(14)
Provision (credit)	17	(15)	(120)	(40)
Ending balance	2,168	2,147	2,168	2,147
Commercial Real Estate [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	5,007	4,332	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)	(134)	359	14	757
Ending balance	4,873	4,691	4,873	4,691
Commercial [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	1,221	1,262	1,133	1,241
Charge-offs	0	0	0	0
Recoveries	19	43	43	116
Net (charge-offs) recoveries	19	43	43	116
Provision (credit)	4	(100)	68	(152)
Ending balance	1,244	1,205	1,244	1,205
SBA [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	57	91	73	106
Charge-offs	0	0	0	(30)
Recoveries	34	104	102	168
Net (charge-offs) recoveries	34	104	102	138
Provision (credit)	(38)	(108)	(122)	(157)
Ending balance	53	87	53	87
HELOC [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	93	98	92	100
Charge-offs	0	0	0	0
Recoveries	35	7	54	11
Net (charge-offs) recoveries	35	7	54	11
Provision (credit)	(36)	(11)	(54)	(17)
Ending balance	92	94	92	94
Single Family Real Estate [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	99	87	98	109
Charge-offs	0	(33)	0	(54)
Recoveries	0	0	1	1
Net (charge-offs) recoveries	0	(33)	1	(53)
Provision (credit)	(10)	34	(10)	32
Ending balance	89	88	89	88
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	Sep. 30, 2018	Dec. 31, 2017
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	$ 6,653	$ 12,352
Impaired loans with no allowance recorded	12,463	8,275
Total loans individually evaluated for impairment	19,116	20,627
Loans collectively evaluated for impairment	684,161	659,662
Total loans held for investment	703,277	680,289
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	6,672	12,462
Impaired loans with no allowance recorded	14,513	9,865
Total loans individually evaluated for impairment	21,185	22,327
Loans collectively evaluated for impairment	684,161	659,662
Total loans held for investment	705,346	681,989
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	459	524
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	459	524
Loans collectively evaluated for impairment	8,060	7,896
Total loans held for investment	8,519	8,420
Impaired loans with a specific valuation allowance under ASC 310	6,653	12,352
Impaired loans without a specific valuation allowance under ASC 310	12,463	8,275
Total impaired loans	19,116	20,627
Valuation allowance related to impaired loans	459	524
Loans Guaranteed by Government Agencies [Member]
Related Allowance for Credit Losses [Abstract]
Total impaired loans	2,400	2,600
Manufactured Housing [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	5,906	5,830
Impaired loans with no allowance recorded	2,330	2,163
Total loans individually evaluated for impairment	8,236	7,993
Loans collectively evaluated for impairment	231,774	215,122
Total loans held for investment	240,010	223,115
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	5,906	5,836
Impaired loans with no allowance recorded	3,520	3,328
Total loans individually evaluated for impairment	9,426	9,164
Loans collectively evaluated for impairment	231,774	215,122
Total loans held for investment	241,200	224,286
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	429	427
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	429	427
Loans collectively evaluated for impairment	1,739	1,753
Total loans held for investment	2,168	2,180
Impaired loans with a specific valuation allowance under ASC 310	5,906	5,830
Impaired loans without a specific valuation allowance under ASC 310	2,330	2,163
Total impaired loans	8,236	7,993
Valuation allowance related to impaired loans	429	427
Commercial Real Estate [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	245	557
Impaired loans with no allowance recorded	107	0
Total loans individually evaluated for impairment	352	557
Loans collectively evaluated for impairment	352,784	354,060
Total loans held for investment	353,136	354,617
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	245	661
Impaired loans with no allowance recorded	162	0
Total loans individually evaluated for impairment	407	661
Loans collectively evaluated for impairment	352,784	354,060
Total loans held for investment	353,191	354,721
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	9	11
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	9	11
Loans collectively evaluated for impairment	4,864	4,833
Total loans held for investment	4,873	4,844
Impaired loans with a specific valuation allowance under ASC 310	245	557
Impaired loans without a specific valuation allowance under ASC 310	107	0
Valuation allowance related to impaired loans	9	11
Commercial [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	219	3,551
Impaired loans with no allowance recorded	6,978	5,023
Total loans individually evaluated for impairment	7,197	8,574
Loans collectively evaluated for impairment	76,131	66,708
Total loans held for investment	83,328	75,282
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	219	3,551
Impaired loans with no allowance recorded	7,082	5,042
Total loans individually evaluated for impairment	7,301	8,593
Loans collectively evaluated for impairment	76,131	66,708
Total loans held for investment	83,432	75,301
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	1	50
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	1	50
Loans collectively evaluated for impairment	1,243	1,083
Total loans held for investment	1,244	1,133
Impaired loans with a specific valuation allowance under ASC 310	219	3,551
Impaired loans without a specific valuation allowance under ASC 310	6,978	5,023
Total impaired loans	7,197	8,574
Valuation allowance related to impaired loans	1	50
SBA [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	1	281
Impaired loans with no allowance recorded	865	699
Total loans individually evaluated for impairment	866	980
Loans collectively evaluated for impairment	5,265	6,444
Total loans held for investment	6,131	7,424
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	20	281
Impaired loans with no allowance recorded	1,470	1,026
Total loans individually evaluated for impairment	1,490	1,307
Loans collectively evaluated for impairment	5,265	6,444
Total loans held for investment	6,755	7,751
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	0	1
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	0	1
Loans collectively evaluated for impairment	53	72
Total loans held for investment	53	73
Impaired loans with a specific valuation allowance under ASC 310	1	281
Impaired loans without a specific valuation allowance under ASC 310	865	699
Total impaired loans	866	980
Valuation allowance related to impaired loans	0	1
HELOC [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	203	214
Total loans individually evaluated for impairment	203	214
Loans collectively evaluated for impairment	9,243	9,208
Total loans held for investment	9,446	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	9,243	9,208
Total loans held for investment	9,492	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	92	92
Total loans held for investment	92	92
Impaired loans with a specific valuation allowance under ASC 310	0	0
Impaired loans without a specific valuation allowance under ASC 310	203	214
Total impaired loans	203	214
Valuation allowance related to impaired loans	0	0
Single Family Real Estate [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	282	2,133
Impaired loans with no allowance recorded	1,980	176
Total loans individually evaluated for impairment	2,262	2,309
Loans collectively evaluated for impairment	8,891	8,037
Total loans held for investment	11,153	10,346
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	282	2,133
Impaired loans with no allowance recorded	2,030	220
Total loans individually evaluated for impairment	2,312	2,353
Loans collectively evaluated for impairment	8,891	8,037
Total loans held for investment	11,203	10,390
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	20	35
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	20	35
Loans collectively evaluated for impairment	69	63
Total loans held for investment	89	98
Impaired loans with a specific valuation allowance under ASC 310	282	2,133
Impaired loans without a specific valuation allowance under ASC 310	1,980	176
Total impaired loans	2,262	2,309
Valuation allowance related to impaired loans	20	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	73	83
Total loans held for investment	73	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	73	83
Total loans held for investment	73	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, Im_2

LOANS HELD FOR INVESTMENT, Impaired Loans by Class of Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	$ 19,116	$ 20,627
Manufactured Housing [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	8,236	7,993
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	107	122
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	245	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	7,197	8,574
SBA [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	866	980
HELOC [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	203	214
Single Family Real Estate [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	2,262	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		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	$ 19,465	$ 15,621	$ 19,861	$ 15,779
Interest income	269	260	767	737
Manufactured Housing [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	8,175	7,483	8,226	7,634
Interest income	162	174	497	488
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	111	120	116	123
Interest income	0	1	0	1
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	407	402	378	523
Interest income	5	5	14	15
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	7,444	4,789	7,737	4,486
Interest income	47	54	145	155
SBA [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	902	662	921	767
Interest income	17	1	18	3
HELOC [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	203	214	207	273
Interest income	11	0	12	0
Single Family Real Estate [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	2,223	1,951	2,276	1,973
Interest income	27	25	81	75
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		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Financing receivable recorded investment [Abstract]
Nonaccrual loans	$ 5,710		$ 5,710		$ 6,844
Financing Receivable Recorded Investment Nonaccrual Status guaranteed amount	1,955		1,955		2,372
Troubled debt restructured loans, gross	17,644		17,644		16,603
Loans 30 through 89 days past due with interest accruing	1,822		1,822		389
Loans 90 days or more past due with interest accruing	$ 25		$ 25		$ 0
Allowance for loan losses to gross loans held for investment	1.21%		1.21%		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	$ 300	$ 300

LOANS HELD FOR INVESTMENT, Nona

LOANS HELD FOR INVESTMENT, Nonaccrual Loans, Net of SBA Guarantee (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	$ 5,710	$ 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	292	418
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	107	122
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	0	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	4,088	4,786
SBA [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	856	944
HELOC [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	202	214
Single Family Real Estate [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	165	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	Sep. 30, 2018	Dec. 31, 2017
Gross loans by risk rating [Abstract]
Total loans held for investment, net	$ 700,553	$ 677,101
Total loans held for investment	703,277	680,289
Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	691,293	662,680
Total loans held for investment	691,293	662,680
Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	1,721	2,709
Total loans held for investment	1,721	2,709
Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	7,539	11,712
Total loans held for investment	10,263	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	2,724	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	2,724	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	240,010	223,115
Total loans held for investment	240,010	223,115
Manufactured Housing [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	239,459	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	551	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	353,136	354,617
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	259,149	271,256
Total loans held for investment	259,149	271,256
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	259,042	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	107	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	24,333	26,647
Total loans held for investment	24,333	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	23,854	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	479	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	6,070	5,092
Total loans held for investment	6,070	5,092
Commercial Real Estate [Member] | Land [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	6,070	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	63,584	51,622
Total loans held for investment	63,584	51,622
Commercial Real Estate [Member] | Construction [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	62,257	49,832
Commercial Real Estate [Member] | Construction [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	1,327	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	83,328	75,282
Commercial [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	81,843	73,443
Commercial [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	75,838	64,543
Commercial [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	350	817
Commercial [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	5,655	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	4,892	6,075
Total loans held for investment	6,131	7,424
SBA [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	4,474	4,221
SBA [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	44	102
SBA [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	374	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	9,446	9,422
Total loans held for investment	9,446	9,422
HELOC [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	9,243	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	203	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	11,153	10,346
Total loans held for investment	11,153	10,346
Single Family Real Estate [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	10,983	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	170	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	73	83
Total loans held for investment	73	83
Consumer [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	73	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		9 Months Ended
	Sep. 30, 2018USD ($)Loan	Sep. 30, 2017USD ($)Loan	Sep. 30, 2018USD ($)Loan	Sep. 30, 2017USD ($)Loan	Dec. 31, 2017USD ($)
Troubled Debt Restructured Loans [Abstract]
Number of loans | Loan	2	3	15	12
Pre-modification recorded investment	$ 0	$ 377	$ 2,828	$ 926
Post modification recorded investment	166	377	2,994	926
Balance of loans	17,644		17,644		$ 16,603
Effect on allowance for loan losses	$ 3	$ 24	$ 66	$ 48
Average rate concessions	0.50%	1.00%	0.73%	0.97%
Average extension	180 months	126 months	151 months	138 months
Rate Reduction [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment			$ 1,100	$ 807
Balance of loans	$ 53	$ 363	53	363
Term Extension [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment			2,994	926
Balance of loans	$ 166	$ 377	$ 166	$ 377
Manufactured Housing [Member]
Troubled Debt Restructured Loans [Abstract]
Number of loans | Loan	2	2	12	9
Pre-modification recorded investment	$ 0	$ 363	$ 1,047	$ 807
Post modification recorded investment	166	363	1,213	807
Effect on allowance for loan losses	3	24	66	45
Manufactured Housing [Member] | Rate Reduction [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment			1,100	807
Balance of loans	53	363	53	363
Manufactured Housing [Member] | Term Extension [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment			1,213	807
Balance of loans	$ 166	$ 363	$ 166	$ 363
Commercial [Member]
Troubled Debt Restructured Loans [Abstract]
Number of loans | Loan		1	3	2
Pre-modification recorded investment		$ 14	$ 1,781	$ 102
Post modification recorded investment		14	1,781	102
Effect on allowance for loan losses		0	0	2
Commercial [Member] | Rate Reduction [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment		0	0	0
Commercial [Member] | Term Extension [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment		$ 14	$ 1,781	$ 102
SBA [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
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				$ 17

LOANS HELD FOR INVESTMENT, Tr_2

LOANS HELD FOR INVESTMENT, Trouble Debt Restructured Loans With Payment Defaults (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)Nonpayment	Sep. 30, 2017USD ($)
LOANS HELD FOR INVESTMENT [Abstract]
Number of consecutive non-payments for a TDR loan to be deemed default | Nonpayment			0
Trouble debt restructurings with payment defaults | $	$ 0	$ 0	$ 0	$ 0

OTHER ASSETS ACQUIRED THROUGH_3

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE [Abstract]
Balance, beginning of period	$ 213	$ 362	$ 372	$ 137
Additions	0	132	174	502
Proceeds from dispositions	(213)	(60)	(484)	(303)
(Loss) gain on sales, net	0	52	(62)	150
Balance, end of period	$ 0	$ 486	$ 0	$ 486

FAIR VALUE MEASUREMENT, Fair Va

FAIR VALUE MEASUREMENT, Fair Value of Assets Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Assets [Abstract]
Investment securities available-for-sale		$ 28,783
Recurring [Member]
Assets [Abstract]
Investment securities available-for-sale	$ 25,946	28,783
Interest only strips	62	87
Servicing assets	56	97
Total	26,064	28,967
Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets [Abstract]
Investment securities available-for-sale	144	156
Interest only strips	0	0
Servicing assets	0	0
Total	144	156
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Investment securities available-for-sale	25,802	28,627
Interest only strips	0	0
Servicing assets	0	0
Total	25,802	28,627
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Investment securities available-for-sale	0	0
Interest only strips	62	87
Servicing assets	56	97
Total	$ 118	$ 184

FAIR VALUE MEASUREMENT, Assets

FAIR VALUE MEASUREMENT, Assets Measured on Non-recurring Basis (Details) - Non-recurring [Member] - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	$ 4,746	$ 6,323
Loans held for sale	51,558	56,222
Foreclosed real estate and repossessed assets	0	372
Total	56,304	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	4,746	6,323
Loans held for sale	51,558	56,222
Foreclosed real estate and repossessed assets	0	372
Total	56,304	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 _2

FAIR VALUE MEASUREMENT, Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Loans Held for Sale [Abstract]
Loans held-for-sale at carrying value	$ 50,944	$ 55,094
Carrying Amount [Member]
Financial assets [Abstract]
Cash and cash equivalents	47,753	45,869
FRB and FHLB stock	4,087	3,720
Investment securities	33,421	36,348
Loans, net	745,222	726,189
Financial liabilities [Abstract]
Deposits	719,942	699,684
Other borrowings	50,000	56,843
Fair Value [Member]
Financial assets [Abstract]
Cash and cash equivalents	47,753	45,869
FRB and FHLB stock	4,087	3,720
Investment securities	33,341	36,454
Loans, net	739,215	719,502
Financial liabilities [Abstract]
Deposits	701,534	699,211
Other borrowings	49,799	56,842
Fair Value [Member] | Level 1 [Member]
Financial assets [Abstract]
Cash and cash equivalents	47,753	45,869
FRB and FHLB stock	0	0
Investment securities	144	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	33,197	36,298
Loans, net	725,139	705,723
Financial liabilities [Abstract]
Deposits	701,534	699,211
Other borrowings	49,799	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	14,076	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	$ 61,600	$ 68,800

OTHER BORROWINGS (Details)

OTHER BORROWINGS (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017	Jul. 31, 2017
Financial Home Loan Bank Advances [Abstract]
FHLB advances	$ 47		$ 47		$ 50
Letter of credit with FHLB	125		125
Securities pledged to FHLB	33.3		33.3		36.2
Loans pledged to FHLB	239		239		235.4
Available for additional borrowing	70.2		70.2		56.8
Total FHLB interest expense	0.3	$ 0.1	0.7	$ 0.2
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	105.1		105.1		$ 104.3
Line of Credit [Member]
Line of Credit [Abstract]
Outstanding balance	3		$ 3
Term of agreement			1 year
Maximum borrowing capacity						$ 15
Percentage of compensating deposit with the lender			25.00%
Compensating deposit	$ 0.8		$ 0.8
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	5.85%		5.85%

STOCKHOLDERS' EQUITY, Changes i

STOCKHOLDERS' EQUITY, Changes in Other Comprehensive Income (Loss) by Component (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2018	Mar. 31, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 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)	$ (48)		$ (17)	(125)	$ 99
Balance	75,557			75,557
Unrealized Holding Gains (Losses) on AFS [Member]
Changes in other comprehensive income (loss) by component, net of tax [Roll Forward]
Balance	(111)	25	87	25	(29)
Other comprehensive income before reclassifications	(48)		(17)	(125)	99
Amounts reclassified from accumulated other comprehensive income	0		0	(59)	0
Net other comprehensive income (loss)	(48)		(17)	(184)	99
Balance	$ (159)		$ 70	$ (159)	$ 70
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		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Common Stock [Abstract]
Common stock dividend paid			$ 1,152	$ 936
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	$ 1,200	$ 900
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)	Sep. 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	10.78%	11.31%
Tier 1 risk-based capital ratio	9.63%	10.10%
Common Equity Tier 1 ratio	9.63%	10.10%
Tier 1 leverage ratio	8.22%	8.83%

REVENUE RECOGNITION (Details)

REVENUE RECOGNITION (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Noninterest Income [Abstract]
Non-interest income (in-scope of Topic 606)	$ 138	$ 135	$ 423	$ 361
Non-interest income (out-of-scope of Topic 606)	503	581	1,545	1,693
Total non-interest income	641	716	1,968	2,054
Service Charges on Deposit Accounts [Member]
Noninterest Income [Abstract]
Non-interest income (in-scope of Topic 606)	95	89	281	248
Exchange Fees and Other Service Charges [Member]
Noninterest Income [Abstract]
Non-interest income (in-scope of Topic 606)	$ 43	$ 46	$ 142	$ 113