Community West Bancshares (CWBC) 10-Q 2 Aug 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Jul. 30, 2019
Document and Entity Information [Abstract]
Entity Registrant Name	COMMUNITY WEST BANCSHARES /
Entity Central Index Key	0001051343
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		8,464,686
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Entity Address, Country	US
Entity Address, State or Province	CA

CONSOLIDATED BALANCE SHEETS (un

CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Assets:
Cash and due from banks	$ 2,032	$ 2,975
Federal funds sold	6	8
Interest-earning demand in other financial institutions	55,143	53,932
Cash and cash equivalents	57,181	56,915
Investment securities - available-for-sale, at fair value; amortized cost of $23,562 at June 30, 2019 and $25,222 at December 31, 2018	23,456	24,931
Investment securities - held-to-maturity, at amortized cost; fair value of $6,960 at June 30, 2019 and $7,269 at December 31, 2018	6,813	7,301
Investment securities measured at fair value	145	121
Federal Home Loan Bank stock, at cost	2,714	2,714
Federal Reserve Bank stock, at cost	1,373	1,373
Loans:
Held for sale, at lower of cost or fair value	45,447	48,355
Held for investment, net of allowance for loan losses of $8,887 at June 30, 2019 and $8,691 at December 31, 2018	734,574	711,197
Total loans	780,021	759,552
Other assets acquired through foreclosure, net	1,074	0
Premises and equipment, net	8,002	6,381
Other assets	24,788	18,003
Total assets	905,567	877,291
Deposits:
Non-interest-bearing demand	112,463	108,161
Interest-bearing demand	343,841	270,431
Savings	16,264	14,641
Certificates of deposit ($250,000 or more)	90,170	93,439
Other certificates of deposit	202,373	229,334
Total deposits	765,111	716,006
Other borrowings	46,000	75,000
Other liabilities	16,627	10,134
Total liabilities	827,738	801,140
Stockholders' equity:
Common stock - no par value, 60,000,000 shares authorized; 8,464,686 shares issued and outstanding at June 30, 2019 and 8,533,346 at December 31, 2018	42,372	42,964
Retained earnings	35,528	33,328
Accumulated other comprehensive (loss)	(71)	(141)
Total stockholders' equity	77,829	76,151
Total liabilities and stockholders' equity	$ 905,567	$ 877,291

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Assets:
Investment securities available-for-sale, amortized cost	$ 23,562	$ 25,222
Investment securities held-to-maturity, fair value	6,960	7,269
Investment securities measured at fair value, amortized cost	66	66
Loans:
Held for investment, allowance for loan losses	$ 8,887	$ 8,691
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)	8,464,686	8,533,346
Common stock, shares outstanding (in shares)	8,464,686	8,533,346

CONSOLIDATED INCOME STATEMENTS

CONSOLIDATED INCOME STATEMENTS (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Interest income:
Loans, including fees	$ 10,907	$ 10,020	$ 21,448	$ 19,671
Investment securities and other	460	381	944	718
Total interest income	11,367	10,401	22,392	20,389
Interest expense:
Deposits	2,583	1,708	5,027	3,151
Other borrowings	286	382	644	577
Total interest expense	2,869	2,090	5,671	3,728
Net interest income	8,498	8,311	16,721	16,661
Provision (credit) for loan losses	177	117	120	(27)
Net interest income after provision for loan losses	8,321	8,194	16,601	16,688
Non-interest income:
Other loan fees	323	323	581	619
Document processing fees	124	130	211	247
Service charges	139	122	278	238
Other	106	113	226	223
Total non-interest income	692	688	1,296	1,327
Non-interest expenses:
Salaries and employee benefits	4,318	4,042	8,699	8,191
Occupancy, net	768	741	1,550	1,525
Professional services	405	301	786	605
Data processing	201	206	425	418
Depreciation	218	186	431	353
FDIC assessment	154	164	324	378
Advertising and marketing	230	163	359	333
Stock-based compensation	97	87	192	203
Other	369	367	711	784
Total non-interest expenses	6,760	6,257	13,477	12,790
Income before provision for income taxes	2,253	2,625	4,420	5,225
Provision for income taxes	673	758	1,330	1,544
Net income	$ 1,580	$ 1,867	$ 3,090	$ 3,681
Earnings per share:
Basic (in dollars per share)	$ 0.19	$ 0.23	$ 0.37	$ 0.45
Diluted (in dollars per share)	$ 0.18	$ 0.21	$ 0.36	$ 0.42
Weighted average number of common shares outstanding:
Basic (in shares)	8,455	8,227	8,473	8,218
Diluted (in shares)	8,562	8,714	8,582	8,700
Dividends declared per common share (in dollars per share)	$ 0.055	$ 0.050	$ 0.105	$ 0.090

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]
Net income	$ 1,580	$ 1,867	$ 3,090	$ 3,681
Other comprehensive income, net:
Unrealized income (loss) on securities available-for-sale (AFS), net (tax effect of $44, $21, $49 and $48 for each respective period presented)	63	(38)	70	(77)
Net other comprehensive income (loss)	63	(38)	70	(77)
Comprehensive income	$ 1,643	$ 1,829	$ 3,160	$ 3,604

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Other comprehensive income, net:
Unrealized income (loss) on securities available-for-sale (AFS), net, tax effect	$ 44	$ 21	$ 49	$ 48

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]
Impact of ASU 2016-01 and 2018-02 as of January 1, 2018 | ASU 2016-01 and ASU 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
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	3,681	3,681
Exercise of stock options	$ 310	0	0	310
Exercise of stock options (in shares)	61,000
Stock based compensation	$ 203	0	0	203
Stock based compensation (in shares)	0
Dividends on common stock	$ 0	0	(739)	(739)
Dividends on common stock (in shares)	0
Other comprehensive income, net	$ 0	(77)	0	(77)
Balance at Jun. 30, 2018	$ 43,117	(111)	30,442	73,448
Balance (in shares) at Jun. 30, 2018	8,254,000
Balance at Mar. 31, 2018	$ 42,798	(73)	28,986	71,711
Balance (in shares) at Mar. 31, 2018	8,216,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	1,867	1,867
Exercise of stock options	$ 232	0	0	232
Exercise of stock options (in shares)	38,000
Stock based compensation	$ 87	0	0	87
Stock based compensation (in shares)	0
Dividends on common stock	$ 0	0	(411)	(411)
Dividends on common stock (in shares)	0
Other comprehensive income, net	$ 0	(38)	0	(38)
Balance at Jun. 30, 2018	$ 43,117	(111)	30,442	73,448
Balance (in shares) at Jun. 30, 2018	8,254,000
Balance at Dec. 31, 2018	$ 42,964	(141)	33,328	$ 76,151
Balance (in shares) at Dec. 31, 2018	8,533,000			8,533,346
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	3,090	$ 3,090
Exercise of stock options	$ 145	0	0	145
Exercise of stock options (in shares)	21,000
Stock based compensation	$ 192	0	0	192
Stock based compensation (in shares)	0
Common stock repurchase	$ (929)	0	0	(929)
Common stock repurchase (in shares)	(89,000)
Dividends on common stock	$ 0	0	(890)	(890)
Dividends on common stock (in shares)	0
Other comprehensive income, net	$ 0	70	0	70
Balance at Jun. 30, 2019	$ 42,372	(71)	35,528	$ 77,829
Balance (in shares) at Jun. 30, 2019	8,465,000			8,464,686
Balance at Mar. 31, 2019	$ 42,173	(134)	34,414	$ 76,453
Balance (in shares) at Mar. 31, 2019	8,450,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	1,580	1,580
Exercise of stock options	$ 102	0	0	102
Exercise of stock options (in shares)	15,000
Stock based compensation	$ 97	0	0	97
Stock based compensation (in shares)	0
Dividends on common stock	$ 0	0	(466)	(466)
Dividends on common stock (in shares)	0
Other comprehensive income, net	$ 0	63	0	63
Balance at Jun. 30, 2019	$ 42,372	$ (71)	$ 35,528	$ 77,829
Balance (in shares) at Jun. 30, 2019	8,465,000			8,464,686

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash flows from operating activities:
Net income	$ 3,090	$ 3,681
Adjustments to reconcile net income to cash provided by operating activities:
(Credit) provision for loan losses	120	(27)
Depreciation	431	353
Stock-based compensation	192	203
Deferred income taxes	(16)	103
Net accretion of discounts and premiums for investment securities	47	54
Losses/(Gains) on:
Sale of repossessed assets, net	0	62
Loans originated for sale and principal collections, net	2,908	2,208
Changes in:
Investment securities held at fair value	(24)	(23)
Other assets	(714)	(484)
Other liabilities	(697)	562
Servicing assets, net	12	52
Net cash provided by operating activities	5,349	6,744
Cash flows from investing activities:
Principal pay downs and maturities of available-for-sale securities	1,553	1,781
Principal pay downs and maturities of held-to-maturity securities	482	692
Loan originations and principal collections, net	(23,497)	(27,370)
Purchase of restricted stock, net	0	(367)
Purchase of premises and equipment, net	(2,052)	(748)
Proceeds from sale of other real estate owned and repossessed assets, net	0	271
Net cash used in investing activities	(23,514)	(25,741)
Cash flows from financing activities:
Net increase in deposits	49,105	2,919
Net (decrease) increase in borrowings	(29,000)	25,000
Exercise of stock options	145	310
Cash dividends paid on common stock	(890)	(739)
Common stock repurchase	(929)	0
Net cash provided by financing activities	18,431	27,490
Net increase in cash and cash equivalents	266	8,493
Cash and cash equivalents at beginning of period	56,915	45,869
Cash and cash equivalents at end of year	57,181	54,362
Cash paid during the period for:
Interest	5,786	3,617
Non-cash investing and financing activity:
Transfers to other assets acquired through foreclosure, net	1,074	73
Operating lease right-of-use asset	(7,190)	0
Operating lease liability	$ 6,757	$ 0

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations Community West Bancshares (“CWBC”), incorporated under the laws of the state of California, is a bank holding company providing full service banking through its wholly-owned subsidiary Community West Bank, N.A. (“CWB” or the “Bank”). Unless indicated otherwise or unless the context suggests otherwise, these entities are referred to herein collectively and on a consolidated basis as the “Company.” Basis of Presentation The accounting and reporting policies of the Company are in accordance with accounting principles generally accepted in the United States (“GAAP”) and conform to practices within the financial services industry. The accounts of the Company and its consolidated subsidiary are included in these Consolidated Financial Statements. All significant intercompany balances and transactions have been eliminated. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant changes in the near term relate to the determination of the allowance for loan losses and the fair value of securities available for sale. Although Management believes these estimates to be reasonably accurate, actual amounts may differ. In the opinion of Management, all necessary adjustments have been reflected in the financial statements during their preparation. Interim Financial Information The accompanying unaudited consolidated financial statements as of and for the three and six months ended June 30, 2019 and 2018 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, 2018. 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, 2018 and for the three and six months ended June 30, 2018 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 Small Business Association (“SBA”). The Company did not incur any lower of cost or fair value provision in the three and six months ended June 30, 2019 and 2018. 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, 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. Substantially Risk Free – These borrowers have virtually no of default or loss given default and present no identifiable or potential adverse risk to the Company. Documented repayment is either backed by the full faith and credit of the United States Government, or secured by cash collateral of the principal borrowed. The collateral must be in the possession of the Company and free from potential claim. In addition, these credits will conform in all aspects to established loan policies and procedures, laws, rules, and regulations. Nominal Risk – Pass/Management Attention Risk 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, without clear support, 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 • 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. Recent Accounting Pronouncements Effective January 1, 2019, we adopted Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) 2016-02, Leases (Topic 842). This update amends the accounting requirements for leases by requiring recognition of lease liabilities and related right-of-use assets on the balance sheet. Lessees are required to recognize a lease liability measured on a discounted basis, which is the lessee’s right to use, or control the use of, a specified asset for the lease term. We adopted Topic 842 using the modified retrospective approach as of the effective date, January 1, 2019. We have recorded the cumulative effects on our balance sheet as of the effective date. No adjustments were made to prior comparative periods. As a result of the adoption, there was no impact on net income. We recorded operating lease right-of-use assets of $8.4 million and lease liabilities of $8.4 million. As part of the adoption, we elected the package of practical expedients permitted under the transition guidance within Topic 842, which among other things, allowed us to carry forward the historical lease classifications. Leases with a term of 12 months or less are not recorded on the balance sheet. See Note 11, Leases for further information. 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. On July 17, 2019, FASB voted to delay the effective date of this ASU for smaller reporting companies, such as the Company, until fiscal years beginning after December 15, 2022, pending final approval. 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 adopted this guidance as of January 1, 2019, which did not have a material impact on the Company’s Consolidated Financial Statements.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	6 Months Ended
	Jun. 30, 2019
INVESTMENT SECURITIES [Abstract]
INVESTMENT SECURITIES	2. INVESTMENT SECURITIES The amortized cost and estimated fair value of investment securities are as follows: June 30, 2019 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 11,302 $ — $ (61 ) $ 11,241 U.S. government agency collateralized mortgage obligations (“CMO”) 12,260 27 (72 ) 12,215 Total $ 23,562 $ 27 $ (133 ) $ 23,456 Securities held-to-maturity U.S. government agency mortgage backed securities (“MBS”) $ 6,813 $ 194 $ (47 ) $ 6,960 Total $ 6,813 $ 194 $ (47 ) $ 6,960 Securities measured at fair value Equity securities: Farmer Mac class A stock $ 66 $ 79 $ — $ 145 Total $ 66 $ 79 $ — $ 145 December 31, 2018 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 12,225 $ — $ (155 ) $ 12,070 U.S. government agency collateralized mortgage obligations (“CMO”) 12,931 9 (79 ) 12,861 Total $ 25,156 $ 9 $ (234 ) $ 24,931 Securities held-to-maturity U.S. government agency mortgage backed securities (“MBS”) $ 7,301 $ 118 $ (150 ) $ 7,269 Total $ 7,301 $ 118 $ (150 ) $ 7,269 Securities measured at fair value Equity securities: Farmer Mac class A stock $ 66 $ 55 $ — $ 121 Total $ 66 $ 55 $ — $ 121 At June 30, 2019 and December 31, 2018, $30.3 million and $32.2 million of securities at carrying value, respectively, were pledged to the Federal Home Loan Bank (“FHLB”), as collateral for current and future advances. The maturity periods and weighted average yields of investment securities at the period ends indicated were as follows: June 30, 2019 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 $ 1,986 2.6 % $ 1,200 2.8 % $ 8,055 3.3 % $ — — $ 11,241 3.1 % U.S. government agency CMO — — 2,801 2.6 % 6,758 2.8 % 2,656 3.3 % 12,215 2.9 % Total $ 1,986 2.6 % $ 4,001 2.7 % $ 14,813 3.1 % $ 2,656 3.3 % $ 23,456 3.0 % Securities held-to-maturity U.S. government agency MBS $ — — $ 2,321 4.6 % $ 3,705 3.0 % $ 787 3.6 % $ 6,813 3.6 % Total $ — — $ 2,321 4.6 % $ 3,705 3.0 % $ 787 3.6 % $ 6,813 3.6 % Securities measured at fair value Farmer Mac class A stock $ — — $ — — $ — — $ — — $ 145 — Total $ — — $ — — $ — — $ — — $ 145 — December 31, 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 $ 1,946 2.6 % $ 1,388 2.6 % $ 8,736 3.1 % $ — — $ 12,070 2.0 % U.S. government agency CMO — — 2,717 2.5 % 7,284 2.8 % 2,860 3.2 % 12,861 1.9 % Total $ 1,946 2.6 % $ 4,105 2.5 % $ 16,020 3.0 % $ 2,860 3.2 % $ 24,931 2.0 % Securities held-to-maturity U.S. government agency MBS $ — — $ 2,058 4.7 % $ 4,449 3.2 % $ 794 3.6 % $ 7,301 3.3 % Total $ — — $ 2,058 4.7 % $ 4,449 3.2 % $ 794 3.6 % $ 7,301 3.3 % Securities measured at fair value Farmer Mac class A stock $ — — $ — — $ — — $ — — $ 121 — Total $ — — $ — — $ — — $ — — $ 121 — The amortized cost and fair value of investment securities by contractual maturities as of the periods presented were as shown below: June 30, December 31, Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Securities available-for-sale (in thousands) Due in one year or less $ 1,998 $ 1,986 $ 1,998 $ 1,946 After one year through five years 4,008 4,001 4,138 4,105 After five years through ten years 14,872 14,813 16,107 16,020 After ten years 2,684 2,656 2,913 2,860 Total $ 23,562 $ 23,456 $ 25,156 $ 24,931 Securities held-to-maturity Due in one year or less $ — $ — $ — $ — After one year through five years 2,321 2,421 2,058 2,153 After five years through ten years 3,705 3,690 4,449 4,323 After ten years 787 849 794 793 Total $ 6,813 $ 6,960 $ 7,301 $ 7,269 Securities measured at fair value Farmer Mac class A stock $ 66 $ 145 $ 66 $ 121 Total $ 66 $ 145 $ 66 $ 121 Actual maturities may differ from contractual maturities as borrowers or issuers have the right to prepay or call the investment securities. Changes in interest rates may also impact prepayments. The following tables show all securities that are in an unrealized loss position: June 30, 2019 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 $ — $ — $ 61 $ 9,547 $ 61 $ 9,547 U.S. government agency CMO 23 5,739 49 2,438 72 8,177 Total $ 23 $ 5,739 $ 110 $ 11,985 $ 133 $ 17,724 Securities held-to-maturity U.S. Government-agency MBS $ — $ — $ 47 $ 2,146 $ 47 $ 2,146 Total $ — $ — $ 47 $ 2,146 $ 47 $ 2,146 December 31, 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 $ 21 $ 4,001 $ 134 $ 8,070 $ 155 $ 12,071 U.S. government agency CMO 2 4,749 77 3,289 79 8,038 Equity securities: Farmer Mac class A stock — — — — — — Total $ 23 $ 8,750 $ 211 $ 11,359 $ 234 $ 20,109 Securities held-to-maturity U.S. Government-agency MBS $ 10 $ 1,706 $ 140 $ 2,094 $ 150 $ 3,800 Total $ 10 $ 1,706 $ 140 $ 2,094 $ 150 $ 3,800 As of June 30, 2019 and December 31, 2018, there were 12 and 21 securities, respectively, in an unrealized loss position. Declines in the fair value of held-to-maturity and available-for-sale securities below their cost that are deemed to be other-than-temporary are reflected in earnings as realized losses. In estimating other-than-temporary impairment losses, management considers, among other things: (i) the length of time and the extent to which the fair value has been less than cost; (ii) the financial condition and near-term prospects of the issuer; and (iii) the Company’s intent to sell an impaired security and if it is not more likely than not it will be required to sell the security before the recovery of its amortized basis. The unrealized losses are primarily due to increases in market interest rates over the yields available at the time the underlying securities were purchased. The fair value is expected to recover as the bonds approach their maturity date, repricing date or if market yields for such investments decline. Management does not believe any of the securities are impaired due to reasons of credit quality. Accordingly, as of June 30, 2019 and December 31, 2018, management believes the impairments detailed in the table above are temporary and no other-than-temporary impairment loss has been realized in the Company’s consolidated income statements.

LOANS HELD FOR SALE

LOANS HELD FOR SALE	6 Months Ended
	Jun. 30, 2019
LOANS HELD FOR SALE [Abstract]
LOANS HELD FOR SALE	3. LOANS HELD FOR SALE SBA and Agriculture Loans As of June 30, 2019 and December 31, 2018, the Company had approximately $11.6 million and $13.6 million, respectively, of SBA loans included in loans held for sale. As of June 30, 2019 and December 31, 2018, the principal balance of SBA loans serviced for others was $6.1 million and $7.2 million, respectively. The Company’s agricultural lending program includes loans for agricultural land, agricultural operational lines, and agricultural term loans for crops, equipment and livestock. The primary products are supported by guarantees issued from the USDA, FSA, and the USDA Business and Industry loan program. As of June 30, 2019 and December 31, 2018, the Company had $33.8 million and $34.8 million of USDA loans included in loans held for sale, respectively. As of June 30, 2019 and December 31, 2018, the principal balance of USDA loans serviced for others was $2.0 million.

LOANS HELD FOR INVESTMENT

LOANS HELD FOR INVESTMENT	6 Months Ended
	Jun. 30, 2019
LOANS HELD FOR INVESTMENT [Abstract]
LOANS HELD FOR INVESTMENT	4. LOANS HELD FOR INVESTMENT The composition of the Company’s loans held for investment loan portfolio follows: June 30, December 31, (in thousands) Manufactured housing $ 253,250 $ 247,114 Commercial real estate 391,293 365,809 Commercial 74,827 83,753 SBA 5,948 5,557 HELOC 6,696 6,756 Single family real estate 11,575 11,261 Consumer 60 46 743,649 720,296 Allowance for loan losses (8,887 ) (8,691 ) Deferred fees, net (125 ) (337 ) Discount on SBA loans (63 ) (71 ) Total loans held for investment, net $ 734,574 $ 711,197 The following table presents the contractual aging of the recorded investment in past due held for investment loans by class of loans: June 30, 2019 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 $ 252,423 $ 492 $ — $ — $ 492 $ 335 $ 253,250 $ — Commercial real estate: Commercial real estate 315,443 — — — — 92 315,535 — SBA 504 1st trust deed 20,220 — — — — — 20,220 — Land 7,388 — — — — — 7,388 — Construction 48,150 — — — — — 48,150 — Commercial 72,463 97 — — 97 2,267 74,827 — SBA 4,207 985 — — 985 756 5,948 — HELOC 6,509 — — — — 187 6,696 — Single family real estate 11,575 — — — — — 11,575 — Consumer 60 — — — — — 60 — Total $ 738,438 $ 1,574 $ — $ — $ 1,574 $ 3,637 $ 743,649 $ — December 31, 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 $ 246,456 $ 285 $ 144 $ — $ 429 $ 229 $ 247,114 $ — Commercial real estate: Commercial real estate 267,377 2,478 — — 2,478 102 269,957 — SBA 504 1st trust deed 20,835 — 322 — 322 — 21,157 — Land 6,381 — — — — — 6,381 — Construction 67,835 479 — — 479 — 68,314 — Commercial 78,857 15 — — 15 4,881 83,753 — SBA 4,741 — — — — 816 5,557 — HELOC 6,558 — — — — 198 6,756 — Single family real estate 11,221 16 — 24 40 — 11,261 — Consumer 46 — — — — — 46 — Total $ 710,307 $ 3,273 $ 466 $ 24 $ 3,763 $ 6,226 $ 720,296 $ — Allowance for Loan Losses The following table summarizes the changes in the allowance for loan losses: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (in thousands) Beginning balance $ 8,648 $ 8,458 $ 8,691 $ 8,420 Charge-offs (14 ) — (31 ) (6 ) Recoveries 76 47 107 235 Net recoveries 62 47 76 229 Provision (credit) 177 117 120 (27 ) Ending balance $ 8,887 $ 8,622 $ 8,887 $ 8,622 As of June 30, 2019 and December 31, 2018, the Company had reserves for credit losses on undisbursed loans of $81,000 and $73,000, respectively, which were included in other liabilities. The following tables summarize the changes in the allowance for loan losses by portfolio type: For the Three Months Ended June 30, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2019 (in thousands) Beginning balance $ 2,188 $ 5,058 $ 1,219 $ 44 $ 48 $ 91 $ — $ 8,648 Charge-offs — — (14 ) — — — — (14 ) Recoveries 37 12 20 6 1 — — 76 Net (charge-offs) recoveries 37 12 6 6 1 — — 62 Provision (credit) (26 ) 288 (75 ) (10 ) — — — 177 Ending balance $ 2,199 $ 5,358 $ 1,150 $ 40 $ 49 $ 91 $ — $ 8,887 2018 Beginning balance $ 2,102 $ 4,976 $ 1,127 $ 61 $ 93 $ 99 $ — $ 8,458 Charge-offs — — — — — — — — Recoveries 9 — 19 6 12 1 — 47 Net (charge-offs) recoveries 9 — 19 6 12 1 — 47 Provision (credit) 34 31 75 (10 ) (12 ) (1 ) — 117 Ending balance $ 2,145 $ 5,007 $ 1,221 $ 57 $ 93 $ 99 $ — $ 8,622 For the Six Months Ended June 30, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2019 (in thousands) Beginning balance $ 2,196 $ 5,028 $ 1,210 $ 79 $ 90 $ 88 $ — $ 8,691 Charge-offs — — (31 ) — — — — (31 ) Recoveries 43 12 39 11 2 — — 107 Net (charge-offs) recoveries 43 12 8 11 2 — — 76 Provision (credit) (40 ) 318 (68 ) (50 ) (43 ) 3 — 120 Ending balance $ 2,199 $ 5,358 $ 1,150 $ 40 $ 49 $ 91 $ — $ 8,887 2018 Beginning balance $ 2,180 $ 4,844 $ 1,133 $ 73 $ 92 $ 98 $ — $ 8,420 Charge-offs (6 ) — — — — — — (6 ) Recoveries 108 15 24 68 19 1 — 235 Net (charge-offs) recoveries 102 15 24 68 19 1 — 229 Provision (credit) (137 ) 148 64 (84 ) (18 ) — — (27 ) Ending balance $ 2,145 $ 5,007 $ 1,221 $ 57 $ 93 $ 99 $ — $ 8,622 The following tables present impairment method information related to loans and allowance for loan losses by loan portfolio segment: Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total Loans Loans Held for Investment as of June 30, 2019: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 6,156 $ 239 $ — $ — $ — $ 480 $ — $ 6,875 Impaired loans with no allowance recorded 2,174 92 4,213 756 187 1,876 — 9,298 Total loans individually evaluated for impairment 8,330 331 4,213 756 187 2,356 — 16,173 Loans collectively evaluated for impairment 244,920 390,962 70,614 5,192 6,509 9,219 60 727,476 Total loans held for investment $ 253,250 $ 391,293 $ 74,827 $ 5,948 $ 6,696 $ 11,575 $ 60 $ 743,649 Unpaid Principal Balance Impaired loans with an allowance recorded $ 6,156 $ 239 $ — $ — $ — $ 480 $ — $ 6,875 Impaired loans with no allowance recorded 3,009 155 4,509 1,179 249 1,876 — 10,977 Total loans individually evaluated for impairment 9,165 394 4,509 1,179 249 2,356 — 17,852 Loans collectively evaluated for impairment 244,920 390,962 70,614 5,192 6,509 9,219 60 727,476 Total loans held for investment $ 254,085 $ 391,356 $ 75,123 $ 6,371 $ 6,758 $ 11,575 $ 60 $ 745,328 Related Allowance for Credit Losses Impaired loans with an allowance recorded $ 363 $ 9 $ — $ — $ — $ 19 $ — $ 391 Impaired loans with no allowance recorded — — — — — — — — Total loans individually evaluated for impairment 363 9 — — — 19 — 391 Loans collectively evaluated for impairment 1,836 5,349 1,150 40 49 72 — 8,496 Total loans held for investment $ 2,199 $ 5,358 $ 1,150 $ 40 $ 49 $ 91 $ — $ 8,887 Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total Loans Loans Held for Investment as of December 31, 2018: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 8,726 $ 243 $ — $ — $ — $ 775 $ — $ 9,744 Impaired loans with no allowance recorded 3,269 102 7,811 815 198 1,964 — 14,159 Total loans individually evaluated for impairment 11,995 345 7,811 815 198 2,739 — 23,903 Loans collectively evaluated for impairment 235,119 365,464 75,942 4,742 6,558 8,522 46 696,393 Total loans held for investment $ 247,114 $ 365,809 $ 83,753 $ 5,557 $ 6,756 $ 11,261 $ 46 $ 720,296 Unpaid Principal Balance Impaired loans with an allowance recorded $ 8,726 $ 243 $ — $ — $ — $ 775 $ — $ 9,744 Impaired loans with no allowance recorded 4,321 160 8,078 1,211 249 1,963 — 15,982 Total loans individually evaluated for impairment 13,047 403 8,078 1,211 249 2,738 — 25,726 Loans collectively evaluated for impairment 235,119 365,464 75,942 4,742 6,558 8,522 46 696,393 Total loans held for investment $ 248,166 $ 365,867 $ 84,020 $ 5,953 $ 6,807 $ 11,260 $ 46 $ 722,119 Related Allowance for Credit Losses Impaired loans with an allowance recorded $ 432 $ 9 $ — $ — $ — $ 24 $ — $ 465 Impaired loans with no allowance recorded — — — — — — — — Total loans individually evaluated for impairment 432 9 — — — 24 — 465 Loans collectively evaluated for impairment 1,764 5,019 1,210 79 90 64 — 8,226 Total loans held for investment $ 2,196 $ 5,028 $ 1,210 $ 79 $ 90 $ 88 $ — $ 8,691 Included in impaired loans are $0.9 million and $3.1 million of loans guaranteed by government agencies at June 30, 2019 and December 31, 2018, respectively. A valuation allowance is established for an impaired loan when the fair value of the loan is less than the recorded investment. In certain cases, portions of impaired loans are charged-off to realizable value instead of establishing a valuation allowance and are included, when applicable in the table below as “Impaired loans without specific valuation allowance under ASC 310.” The valuation allowance disclosed above is included in the allowance for loan losses reported in the consolidated balance sheets as of June 30, 2019 and December 31, 2018. The table below reflects recorded investment in loans classified as impaired: June 30, December 31, (in thousands) Impaired loans with a specific valuation allowance under ASC 310 $ 6,875 $ 9,744 Impaired loans without a specific valuation allowance under ASC 310 9,298 14,159 Total impaired loans $ 16,173 $ 23,903 Valuation allowance related to impaired loans $ 391 $ 465 The following table summarizes impaired loans by class of loans: June 30, December 31, (in thousands) Manufactured housing $ 8,330 $ 11,995 Commercial real estate : Commercial real estate 92 102 SBA 504 1st trust deed 239 243 Land — — Construction — — Commercial 4,213 7,811 SBA 756 815 HELOC 187 198 Single family real estate 2,356 2,739 Consumer — — Total $ 16,173 $ 23,903 The following tables summarize average investment in impaired loans by class of loans and the related interest income recognized: Three Months Ended June 30, 2019 2018 Average Investment in Impaired Loans Interest Income Average in Impaired Loans Interest Income (in thousands) Manufactured housing $ 8,577 $ 166 $ 8,278 $ 173 Commercial real estate: Commercial real estate 119 — 113 — SBA 504 1st trust deed 226 4 413 5 Land — — — — Construction — — — — Commercial 5,672 43 7,537 49 SBA 924 — 914 — HELOC 208 5 205 — Single family real estate 2,318 34 2,251 27 Consumer — — — — Total $ 18,044 $ 252 $ 19,711 $ 254 Six Months Ended June 30, 2019 2018 Average Investment in Impaired Loans Interest Income Average in Impaired Loans Interest Income (in thousands) Manufactured housing $ 9,660 $ 319 $ 8,190 $ 335 Commercial real estate: Commercial real estate 113 — 116 — SBA 504 1st trust deed 231 9 420 10 Land — — — — Construction — — — — Commercial 6,350 79 7,885 98 SBA 889 — 937 1 HELOC 205 11 208 — Single family real estate 2,450 65 2,272 54 Consumer — — — — Total $ 19,898 $ 483 $ 20,028 $ 498 The Company is not committed to lend additional funds on these impaired loans. The following table reflects the recorded investment in certain types of loans at the periods indicated: June 30, December 31, (in thousands) Nonaccrual loans $ 3,637 $ 6,226 Government guaranteed portion of loans included above $ 621 $ 2,848 Troubled debt restructured loans, gross $ 13,682 $ 16,749 Loans 30 through 89 days past due with interest accruing $ 1,574 $ 3,763 Loans 90 days or more past due with interest accruing $ — $ — Allowance for loan losses to gross loans held for investment 1.20 % 1.21 % 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. The following table presents the composition of nonaccrual loans by class of loans: June 30, December 31, (in thousands) Manufactured housing $ 335 $ 229 Commercial real estate: Commercial real estate 92 102 SBA 504 1st trust deed — — Land — — Construction — — Commercial 2,267 4,881 SBA 756 816 HELOC 187 198 Single family real estate — — Consumer — — Total $ 3,637 $ 6,226 Included in nonaccrual loans are $0.6 million of loans guaranteed by government agencies at June 30, 2019 and $2.8 million at December 31, 2018. 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 rates loans with potential problems as “Special Mention,” “Substandard,” “Doubtful” and “Loss”. For a detailed discussion on these risk classifications see “Note 1 Summary of Significant Accounting Policies - Allowance for Loan Losses and Provision for Loan Losses”. Loans that do not currently expose the Company to sufficient risk to warrant classification in one of the aforementioned categories but possess weaknesses that deserve management’s close attention are deemed to be Special Mention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or in the institution’s credit position at some future date. Special Mention assets are not adversely classified and do not expose an institution to sufficient risk to warrant adverse classification. Risk ratings are updated as part of our normal loan monitoring process, at a minimum, annually. The following tables present gross loans by risk rating: June 30, 2019 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 252,865 $ — $ 385 $ — $ 253,250 Commercial real estate: Commercial real estate 313,471 1,972 92 — 315,535 SBA 504 1st trust deed 19,441 — 779 — 20,220 Land 7,388 — — — 7,388 Construction 46,128 — 2,022 — 48,150 Commercial 67,411 481 6,735 — 74,627 SBA 1,598 40 2,433 — 4,071 HELOC 6,509 — 187 — 6,696 Single family real estate 11,570 — 5 — 11,575 Consumer 60 — — — 60 Total, net 726,441 2,493 12,638 — 741,572 Government guarantee — — 2,077 — 2,077 Total $ 726,441 $ 2,493 $ 14,715 $ — $ 743,649 December 31, 2018 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 246,884 $ — $ 230 $ — $ 247,114 Commercial real estate: Commercial real estate 269,855 — 102 — 269,957 SBA 504 1st trust deed 20,109 — 1,048 — 21,157 Land 6,381 — — — 6,381 Construction 66,683 1,631 — — 68,314 Commercial 73,580 — 7,771 — 81,351 SBA 2,770 34 1,557 4,361 HELOC 6,558 — 198 — 6,756 Single family real estate 11,256 — 5 — 11,261 Consumer 46 — — — 46 Total, net 704,122 1,665 10,911 $ — 716,698 Government guarantee — — 3,598 — 3,598 Total $ 704,122 $ 1,665 $ 14,509 $ — $ 720,296 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 Six Months Ended June 30, 2019 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) SBA 1 $ 48 $ 48 $ 48 $ — $ — Total 1 $ 48 $ 48 $ 48 $ — $ — For the Three Months Ended June 30, 2018 Number of Loans Pre- Modification Recorded Investment Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Extension Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing 5 $ 447 $ 447 $ 447 $ 447 $ 26 Commercial - - - — - — Total 5 $ 447 $ 447 $ 447 $ 447 $ 26 For the Six Months Ended June 30, 2018 Number of Loans Pre- Modification Recorded Investment Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Extension Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing 10 $ 1,047 $ 1,047 $ 1,047 $ 1,047 $ 63 Commercial 3 1,781 1,781 — 1,781 — Total 13 $ 2,828 $ 2,828 $ 1,047 $ 2,828 $ 63 There were no new TDR loans for the three months ended June 30, 2019. The average rate concessions were 200 basis points for the six months ended June 30, 2019 and 100 and 76 basis points for the three and six months ended June 30, 2018, respectively. The average term extension in months was 47 for the six months ended June 30, 2019 and 181 and 147 for the three and six months ended June 30, 2018, respectively. A TDR loan is deemed to have a payment default when the borrower fails to make 2 consecutive payments or the collateral is transferred to repossessed assets. The Company had no TDR’s with payment defaults for the three or six months ended June 30, 2019 or 2018. At June 30, 2019 there were no material loan commitments outstanding on TDR loans.

OTHER ASSETS ACQUIRED THROUGH F

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE	6 Months Ended
	Jun. 30, 2019
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE [Abstract]
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE	5. OTHER ASSETS ACQUIRED THROUGH FORECLOSURE The following table summarizes the changes in other assets acquired through foreclosure: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (in thousands) Balance, beginning of period $ - $ 233 $ - $ 372 Additions 1,074 73 1,074 174 Proceeds from dispositions - (57 ) - (271 ) (Loss) gain on sales, net - (36 ) - (62 ) Balance, end of period $ 1,074 $ 213 $ 1,074 $ 213

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	6 Months Ended
	Jun. 30, 2019
FAIR VALUE MEASUREMENT [Abstract]
FAIR VALUE MEASUREMENT	6. FAIR VALUE MEASUREMENT The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities. FASB ASC 820, Fair Value Measurements and Disclosures • Level 1— Observable quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. • Level 2— Observable quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, matrix pricing or model-based valuation techniques where all significant assumptions are observable, either directly or indirectly in the market. • Level 3— Model-based techniques where all significant assumptions are not observable, either directly or indirectly, in the market. These unobservable assumptions reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques may include use of discounted cash flow models and similar techniques. The availability of observable inputs varies based on the nature of the specific financial instrument. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised by the Company in determining fair value is greatest for instruments categorized in Level 3. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Fair value is a market-based measure considered from the perspective of a market participant who holds the asset or owes the liability rather than an entity-specific measure. When market assumptions are available, ASC 820 requires the Company to make assumptions regarding the assumptions that market participants would use to estimate the fair value of the financial instrument at the measurement date. FASB ASC 825, Financial Instruments Management uses its best judgment in estimating the fair value of the Company’s financial instruments; however, there are inherent limitations in any estimation technique. Therefore, for substantially all financial instruments, the fair value estimates presented herein are not necessarily indicative of the amounts the Company could have realized in a sales transaction at June 30, 2019 and December 31, 2018. The estimated fair value amounts for June 30, 2019 and December 31, 2018 have been measured as of period-end, and have not been reevaluated or updated for purposes of these consolidated financial statements subsequent to those dates. As such, the estimated fair values of these financial instruments subsequent to the reporting date may be different than the amounts reported at the period-end. This information should not be interpreted as an estimate of the fair value of the entire Company since a fair value calculation is only required for a limited portion of the Company’s assets and liabilities. Due to the wide range of valuation techniques and the degree of subjectivity used in making the estimate, comparisons between the Company’s disclosures and those of other companies or banks may not be meaningful. The following tables summarize the fair value of assets measured on a recurring basis: Fair Value Measurements at the End of the Reporting Period Using: June 30, 2019 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 measured at fair value $ 145 $ — $ — $ 145 Investment securities available-for-sale — 23,456 — 23,456 Interest only strips — — 56 56 Servicing assets — — 47 47 Total $ 145 $ 23,456 $ 103 $ 23,704 Fair Value Measurements at the End of the Reporting Period Using: December 31, 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 measured at fair value $ 121 $ — $ — $ 121 Investment securities available-for-sale — 24,931 — 24,931 Interest only strips — — 63 63 Servicing assets — — 49 49 $ 121 $ 24,931 $ 112 $ 25,164 Market valuations of our investment securities which are classified as level 2 are provided by an independent third party. The fair values are determined by using several sources for valuing fixed income securities. Their techniques include pricing models that vary based on the type of asset being valued and incorporate available trade, bid and other market information. In accordance with the fair value hierarchy, the market valuation sources include observable market inputs and are therefore considered Level 2 inputs for purposes of determining the fair values. On certain SBA loan sales, the Company retained interest only strip assets (“I/O strips”) which represent the present value of excess net cash flows generated by the difference between (a) interest at the stated rate paid by borrowers and (b) the sum of (i) pass-through interest paid to third-party investors and (ii) contractual servicing fees. I/O strips are classified as Level 3 in the fair value hierarchy. The fair value is determined on a quarterly basis through a discounted cash flow analysis prepared by an independent third party using industry prepayment speeds. I/O strip valuation adjustments are recorded as additions or offsets to loan servicing income. Historically, the Company has elected to use the amortizing method for the treatment of servicing assets and has measured for impairment on a quarterly basis through a discounted cash flow analysis prepared by an independent third party using industry prepayment speeds. In connection with the sale of certain SBA and USDA loans the Company recorded servicing assets and elected to measure those assets at fair value in accordance with ASC 825-10. Significant assumptions in the valuation of servicing assets include estimated loan repayment rates, the discount rate, and servicing costs, among others. Servicing assets are classified as Level 3 measurements due to the use of significant unobservable inputs, as well as significant management judgment and estimation. The Company also has assets that under certain conditions are subject to measurement at fair value on a non-recurring basis. These assets include loans held for sale, foreclosed real estate and repossessed assets and certain loans that are considered impaired per generally accepted accounting principles. The following summarizes the fair value measurements of assets measured on a non-recurring basis: Fair Value Measurements at the End of the Reporting Period Using: Total Quoted Prices in Active Markets for Identical Assets (Level 1) Active Markets for Similar Assets (Level 2) Unobservable Inputs (Level 3) (in thousands) June 30, 2019: Impaired loans $ 3,244 $ — $ 3,244 $ — Loans held for sale 46,122 — 46,122 — Foreclosed real estate and repossessed assets 1,074 — 1,074 — $ 50,440 $ — $ 50,440 $ — 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, 2018: Impaired loans $ 5,592 $ — $ 5,592 $ — Loans held for sale 49,050 — 49,050 — Foreclosed real estate and repossessed assets - — — — $ 54,642 — 54,642 — The Company records certain loans at fair value on a non-recurring basis. When a loan is considered impaired an allowance for a loan loss is established. The fair value measurement and disclosure requirement applies to loans measured for impairment using the practical expedients method permitted by accounting guidance for impaired loans. Impaired loans are measured at an observable market price, if available or at the fair value of the loan’s collateral, if the loan is collateral dependent. The fair value of the loan’s collateral is determined by appraisals or independent valuation. When the fair value of the loan’s collateral is based on an observable market price or current appraised value, given the current real estate markets, the appraisals may contain a wide range of values and accordingly, the Company classifies the fair value of the impaired loans as a non-recurring valuation within Level 2 of the valuation hierarchy. For loans in which impairment is determined based on the net present value of cash flows, the Company classifies these as a non-recurring valuation within Level 3 of the valuation hierarchy. Foreclosed real estate and repossessed assets are carried at the lower of book value or fair value less estimated costs to sell. Fair value is based upon independent market prices obtained from certified appraisers or the current listing price, if lower. When the fair value of the collateral is based on a current appraised value, the Company reports the fair value of the foreclosed collateral as non-recurring Level 2. When a current appraised value is not available or if management determines the fair value of the collateral is further impaired, the Company reports the foreclosed collateral as non-recurring Level 3. FAIR VALUES OF FINANCIAL INSTRUMENTS The estimated fair values of financial instruments have been determined by the Company using available market information and appropriate valuation methodologies. However, considerable judgment is required to interpret market data to develop estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts the Company could realize in a current market exchange. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. The estimated fair value of the Company’s financial instruments are as follows: June 30, 2019 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 57,181 $ 57,181 $ — $ — $ 57,181 FRB and FHLB stock 4,087 — 4,087 — 4,087 Investment securities 30,414 145 30,416 — 30,561 Loans, net 780,021 — 765,878 12,714 778,592 Financial liabilities: Deposits 765,111 — 766,064 — 766,064 Other borrowings 46,000 — 46,269 — 46,269 December 31, 2018 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 56,915 $ 56,915 $ — $ — $ 56,915 FRB and FHLB stock 4,087 — 4,087 — 4,087 Investment securities 32,353 121 32,079 — 32,200 Loans, net 759,552 — 735,377 17,846 753,223 Financial liabilities: Deposits 716,006 — 712,900 — 712,900 Other borrowings 75,000 — 74,930 — 74,930 The following methods and assumptions were used by the Company in estimating the fair value of its financial instruments: Cash and cash equivalents The carrying amounts reported in the consolidated balance sheets for cash and due from banks approximate their fair value. Money market investments The carrying amounts reported in the consolidated balance sheets for money market investments approximate their fair value. Investment securities The fair value of Farmer Mac class A stock is based on quoted market prices and are categorized as Level 1 of the fair value hierarchy. The fair value of other investment securities were determined based on matrix pricing. Matrix pricing is a mathematical technique that utilizes observable market inputs including, for example, yield curves, credit ratings and prepayment speeds. Fair values determined using matrix pricing are generally categorized as Level 2 in the fair value hierarchy. Federal Reserve Stock and Federal Home Loan Bank Stock CWB is a member of the FHLB system and maintains an investment in capital stock of the FHLB. CWB also maintains an investment in capital stock of the Federal Reserve Bank (“FRB”). These investments are carried at cost since no ready market exists for them, and they have no quoted market value. The Company conducts a periodic review and evaluation of our FHLB stock to determine if any impairment exists. The fair values have been categorized as Level 2 in the fair value hierarchy. Loans Held for Sale Loans held for sale are carried at the lower of cost or fair value. The fair value of loans held for sale is based on what secondary markets are currently offering for portfolios with similar characteristics or based on the agreed-upon sale price. As such, the Company classifies the fair value of loans held for sale as a non-recurring valuation within Level 2 of the fair value hierarchy. At June 30, 2019 and December 31, 2018, the Company had loans held for sale with an aggregate carrying value of $45.4 million and $48.4 million respectively. Loans Fair value of loans is estimated by calculating loan level fair values for all loans utilizing a discounted cash flow methodology incorporating “exit pricing” analytics in conformance with ASU 2016-01. All active loans were valued in the portfolio as of date of exercise, excluding any loans held for sale, and utilized assumptions such as probability of default, loss given default, recovery delay and prepayment assumptions. Fair value was calculated in accordance with ASC 820. The fair value for loans is categorized as Level 2 in the fair value hierarchy. Fair values of impaired loans using a discounted cash flow method to measure impairment have been categorized as Level 3. Deposits The amount payable at demand at report date is used to estimate the fair value of demand and savings deposits. The estimated fair values of fixed-rate time deposits are determined by discounting the cash flows of segments of deposits that have similar maturities and rates, utilizing a discount rate that approximates the prevailing rates offered to depositors as of the measurement date. The fair value measurement of deposit liabilities is categorized as Level 2 in the fair value hierarchy. Federal Home Loan Bank advances and other borrowings The fair values of the Company’s borrowings are estimated using discounted cash flow analyses, based on the market rates for similar types of borrowing arrangements. The FHLB advances have been categorized as Level 2 in the fair value hierarchy. Off-balance sheet instruments Fair values for the Company’s off-balance sheet instruments (lending commitments and standby letters of credit) are based on quoted fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standing. There were no standby letters of credit outstanding at June 30, 2019 or at December 31, 2018. Unfunded loan commitments at June 30, 2019 and December 31, 2018 were $62.6 million and $57.5 million, respectively.

OTHER BORROWINGS

OTHER BORROWINGS	6 Months Ended
	Jun. 30, 2019
OTHER BORROWINGS [Abstract]
OTHER BORROWINGS	7. OTHER BORROWINGS Federal Home Loan Bank Advances – Federal Reserve Bank – Federal Funds Purchased Lines – Line of Credit

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
	Jun. 30, 2019
STOCKHOLDERS' EQUITY [Abstract]
STOCKHOLDERS' EQUITY	8. STOCKHOLDERS’ EQUITY The following table summarizes the changes in other comprehensive income (loss) by component, net of tax for the period indicated: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Unrealized holding gains (losses) on AFS Unrealized holding gains (losses) on AFS (in thousands) Beginning balance $ (134 ) $ (73 ) $ (141 ) $ 25 Other comprehensive income before reclassifications 63 (38 ) 70 (77 ) Amounts reclassified from accumulated other comprehensive income — — — (59 ) Net current-period other comprehensive income 63 (38 ) 70 (136 ) Ending Balance $ (71 ) $ (111 ) $ (71 ) $ (111 ) 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 February 28, 2019, the Board of Directors increased the common stock repurchase program to $4.5 million and extended the repurchase program until August 31, 2021. Under this program the Company has repurchased 339,966 common stock shares for $3.0 million at an average price of $8.72 per share. There were 89,760 repurchased common stock shares under this program during the six months ended June 30, 2019. During the three and six months ended June 30, 2019, the Company paid common stock dividends of $0.5 million and $0.9 million, respectively. During the three and six months ended June 30, 2018, the Company paid common stock dividends of $0.4 and $0.7 million, respectively.

CAPITAL REQUIREMENT

CAPITAL REQUIREMENT	6 Months Ended
	Jun. 30, 2019
CAPITAL REQUIREMENT [Abstract]
CAPITAL REQUIREMENT	9. CAPITAL REQUIREMENT The Federal Reserve has adopted capital adequacy guidelines that are used to assess the adequacy of capital in supervising a bank holding company. In July 2013, the federal banking agencies approved the final rules (“Final Rules”) to establish a new comprehensive regulatory capital framework with a phase-in period beginning January 1, 2015 and ending January 1, 2019. The Final Rules implement the third installment of the Basel Accords (“Basel III”) regulatory capital reforms and changes required by the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) and substantially amend the regulatory risk-based capital rules applicable to the Company. Basel III redefines the regulatory capital elements and minimum capital ratios, introduces regulatory capital buffers above those minimums, revises rules for calculating risk-weighted assets and adds a new component of Tier 1 capital called Common Equity Tier 1, which includes common equity and retained earnings and excludes preferred equity. The following tables illustrates the Bank’s regulatory ratios and the Federal Reserve’s current adequacy guidelines as of June 30, 2019 and December 31, 2018. The Federal Reserve’s fully phased-in guidelines applicable in 2019 are also summarized. Total Capital (To Risk- Weighted Assets) Tier 1 Capital (To Risk- Weighted Assets) Common Equity Tier 1 (To Risk- Weighted Assets) Leverage Ratio/Tier 1 Capital (To Average Assets) June 30, 2019 CWB’s actual regulatory ratios 10.67 % 9.53 % 9.53 % 8.66 % Minimum capital requirements 8.00 % 6.00 % 4.50 % 4.00 % Well-capitalized requirements 10.50 % 8.50 % 7.00 % 5.00 % Minimum capital requirements including fully-phased in capital conservation buffer 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, 2018 CWB’s actual regulatory ratios 10.83 % 9.68 % 9.68 % 8.57 % 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 10.50 % 8.50 % 7.00 % N/A There are no conditions or events since June 30, 2019 that management believes have changed the Company’s or the Bank’s risk-based capital category.

REVENUE RECOGNITION

REVENUE RECOGNITION	6 Months Ended
	Jun. 30, 2019
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-and out-of-scope of Topic 606, for periods indicated. Non-interest income Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 In-scope of Topic 606: (in thousands) Service charges on deposit accounts $ 121 $ 94 $ 246 $ 186 Exchange fees and other service charges 44 scope 52 78 99 Non-interest income (in-scope of Topic 606) 164 146 324 285 Non-interest income (out-of-scope of Topic 606) 528 542 972 1,042 $ 692 $ 688 $ 1,296 $ 1,327 Contract Balances A contract asset balance occurs when an entity performs a service for a customer before the customer pays consideration (resulting in a contract receivable) or before payment is due (resulting in a contract asset). A contract liability balance is an entity’s obligation to transfer a service to a customer for which the entity has already received payment (or payment is due) from the customer. The Company’s non-interest income streams are largely based on transactional activity. Consideration is often received immediately or shortly after the Company satisfies its performance obligation and income is recognized. The Company does not typically enter into long-term revenue contracts with customers, and therefore, does not experience significant contract balances. As of June 30, 2019 and December 31, 2018, 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.

LEASES

LEASES	6 Months Ended
	Jun. 30, 2019
LEASES [Abstract]
LEASES	11. LEASES As described in Note 1 – Summary of Significant Accounting Policies – Recent Accounting Pronouncements, effective January 1, 2019, we adopted Topic 842. We have operating leases for office space. Our office leases are typically for terms of between 2 and 10 years. Rents usually increase annually in accordance with defined rent steps or based on current year consumer price index adjustments. When renewal options exist, we generally do not deem them to be reasonably certain to be exercised, and therefore the amounts are not recognized as part of our lease liability nor our right-of-use asset. As part of the adoption, we elected the package of practical expedients permitted under the transition guidance, but not the hindsight practical expedient. As of June 30, 2019, the balance of the right-of-use assets was $6.7 million and the lease liabilities were $6.8 million. The right-of-use assets are included in other assets and the lease liabilities are included in other liabilities in the accompanying Consolidated Balance Sheets. Six Months Ended June 30, 2019 2018 Lease cost: (in thousands) Operating lease cost 583 — Sublease income — — Total lease cost 583 — Other information Cash paid for amounts included in the measurement of lease liabilities — — Operating cash flows from operating leases 571 — Weighted average remaining lease term - operating leases 9.88 years N/A Weighted average discount rate - operating leases 3.22 % N/A Future minimum operating lease payments: June 30, 2019 2018 (in thousands) 2019 $ 545 $ — 2020 1,015 — 2021 884 — 2022 779 — 2023 705 — Thereafter 4,004 — Total future minimum lease payments $ 7,932 $ — Less remaining imputed interest 1,175 — Total lease liabilities $ 6,757 $ —

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Nature of Operations	Nature of Operations Community West Bancshares (“CWBC”), incorporated under the laws of the state of California, is a bank holding company providing full service banking through its wholly-owned subsidiary Community West Bank, N.A. (“CWB” or the “Bank”). Unless indicated otherwise or unless the context suggests otherwise, these entities are referred to herein collectively and on a consolidated basis as the “Company.”
Basis of Presentation	Basis of Presentation The accounting and reporting policies of the Company are in accordance with accounting principles generally accepted in the United States (“GAAP”) and conform to practices within the financial services industry. The accounts of the Company and its consolidated subsidiary are included in these Consolidated Financial Statements. All significant intercompany balances and transactions have been eliminated.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant changes in the near term relate to the determination of the allowance for loan losses and the fair value of securities available for sale. Although Management believes these estimates to be reasonably accurate, actual amounts may differ. In the opinion of Management, all necessary adjustments have been reflected in the financial statements during their preparation.
Interim Financial Information	Interim Financial Information The accompanying unaudited consolidated financial statements as of and for the three and six months ended June 30, 2019 and 2018 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, 2018. 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, 2018 and for the three and six months ended June 30, 2018 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 Small Business Association (“SBA”). The Company did not incur any lower of cost or fair value provision in the three and six months ended June 30, 2019 and 2018.
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, 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. Substantially Risk Free – These borrowers have virtually no of default or loss given default and present no identifiable or potential adverse risk to the Company. Documented repayment is either backed by the full faith and credit of the United States Government, or secured by cash collateral of the principal borrowed. The collateral must be in the possession of the Company and free from potential claim. In addition, these credits will conform in all aspects to established loan policies and procedures, laws, rules, and regulations. Nominal Risk – Pass/Management Attention Risk 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, without clear support, 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 • 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.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Effective January 1, 2019, we adopted Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) 2016-02, Leases (Topic 842). This update amends the accounting requirements for leases by requiring recognition of lease liabilities and related right-of-use assets on the balance sheet. Lessees are required to recognize a lease liability measured on a discounted basis, which is the lessee’s right to use, or control the use of, a specified asset for the lease term. We adopted Topic 842 using the modified retrospective approach as of the effective date, January 1, 2019. We have recorded the cumulative effects on our balance sheet as of the effective date. No adjustments were made to prior comparative periods. As a result of the adoption, there was no impact on net income. We recorded operating lease right-of-use assets of $8.4 million and lease liabilities of $8.4 million. As part of the adoption, we elected the package of practical expedients permitted under the transition guidance within Topic 842, which among other things, allowed us to carry forward the historical lease classifications. Leases with a term of 12 months or less are not recorded on the balance sheet. See Note 11, Leases for further information. 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. On July 17, 2019, FASB voted to delay the effective date of this ASU for smaller reporting companies, such as the Company, until fiscal years beginning after December 15, 2022, pending final approval. 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 adopted this guidance as of January 1, 2019, which did not have a material impact on the Company’s Consolidated Financial Statements.

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2019
INVESTMENT SECURITIES [Abstract]
Amortized Cost and Estimated Fair Value of Investment Securities	The amortized cost and estimated fair value of investment securities are as follows: June 30, 2019 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 11,302 $ — $ (61 ) $ 11,241 U.S. government agency collateralized mortgage obligations (“CMO”) 12,260 27 (72 ) 12,215 Total $ 23,562 $ 27 $ (133 ) $ 23,456 Securities held-to-maturity U.S. government agency mortgage backed securities (“MBS”) $ 6,813 $ 194 $ (47 ) $ 6,960 Total $ 6,813 $ 194 $ (47 ) $ 6,960 Securities measured at fair value Equity securities: Farmer Mac class A stock $ 66 $ 79 $ — $ 145 Total $ 66 $ 79 $ — $ 145 December 31, 2018 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 12,225 $ — $ (155 ) $ 12,070 U.S. government agency collateralized mortgage obligations (“CMO”) 12,931 9 (79 ) 12,861 Total $ 25,156 $ 9 $ (234 ) $ 24,931 Securities held-to-maturity U.S. government agency mortgage backed securities (“MBS”) $ 7,301 $ 118 $ (150 ) $ 7,269 Total $ 7,301 $ 118 $ (150 ) $ 7,269 Securities measured at fair value Equity securities: Farmer Mac class A stock $ 66 $ 55 $ — $ 121 Total $ 66 $ 55 $ — $ 121
Maturity Periods and Weighted Average Yields of Investment Securities	The maturity periods and weighted average yields of investment securities at the period ends indicated were as follows: June 30, 2019 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 $ 1,986 2.6 % $ 1,200 2.8 % $ 8,055 3.3 % $ — — $ 11,241 3.1 % U.S. government agency CMO — — 2,801 2.6 % 6,758 2.8 % 2,656 3.3 % 12,215 2.9 % Total $ 1,986 2.6 % $ 4,001 2.7 % $ 14,813 3.1 % $ 2,656 3.3 % $ 23,456 3.0 % Securities held-to-maturity U.S. government agency MBS $ — — $ 2,321 4.6 % $ 3,705 3.0 % $ 787 3.6 % $ 6,813 3.6 % Total $ — — $ 2,321 4.6 % $ 3,705 3.0 % $ 787 3.6 % $ 6,813 3.6 % Securities measured at fair value Farmer Mac class A stock $ — — $ — — $ — — $ — — $ 145 — Total $ — — $ — — $ — — $ — — $ 145 — December 31, 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 $ 1,946 2.6 % $ 1,388 2.6 % $ 8,736 3.1 % $ — — $ 12,070 2.0 % U.S. government agency CMO — — 2,717 2.5 % 7,284 2.8 % 2,860 3.2 % 12,861 1.9 % Total $ 1,946 2.6 % $ 4,105 2.5 % $ 16,020 3.0 % $ 2,860 3.2 % $ 24,931 2.0 % Securities held-to-maturity U.S. government agency MBS $ — — $ 2,058 4.7 % $ 4,449 3.2 % $ 794 3.6 % $ 7,301 3.3 % Total $ — — $ 2,058 4.7 % $ 4,449 3.2 % $ 794 3.6 % $ 7,301 3.3 % Securities measured at fair value Farmer Mac class A stock $ — — $ — — $ — — $ — — $ 121 — Total $ — — $ — — $ — — $ — — $ 121 —
Amortized Cost and Fair Value of Investment Securities by Contractual Maturities	The amortized cost and fair value of investment securities by contractual maturities as of the periods presented were as shown below: June 30, December 31, Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Securities available-for-sale (in thousands) Due in one year or less $ 1,998 $ 1,986 $ 1,998 $ 1,946 After one year through five years 4,008 4,001 4,138 4,105 After five years through ten years 14,872 14,813 16,107 16,020 After ten years 2,684 2,656 2,913 2,860 Total $ 23,562 $ 23,456 $ 25,156 $ 24,931 Securities held-to-maturity Due in one year or less $ — $ — $ — $ — After one year through five years 2,321 2,421 2,058 2,153 After five years through ten years 3,705 3,690 4,449 4,323 After ten years 787 849 794 793 Total $ 6,813 $ 6,960 $ 7,301 $ 7,269 Securities measured at fair value Farmer Mac class A stock $ 66 $ 145 $ 66 $ 121 Total $ 66 $ 145 $ 66 $ 121
Fair Value and Unrealized Losses of Securities in Unrealized Loss Position	The following tables show all securities that are in an unrealized loss position: June 30, 2019 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 $ — $ — $ 61 $ 9,547 $ 61 $ 9,547 U.S. government agency CMO 23 5,739 49 2,438 72 8,177 Total $ 23 $ 5,739 $ 110 $ 11,985 $ 133 $ 17,724 Securities held-to-maturity U.S. Government-agency MBS $ — $ — $ 47 $ 2,146 $ 47 $ 2,146 Total $ — $ — $ 47 $ 2,146 $ 47 $ 2,146 December 31, 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 $ 21 $ 4,001 $ 134 $ 8,070 $ 155 $ 12,071 U.S. government agency CMO 2 4,749 77 3,289 79 8,038 Equity securities: Farmer Mac class A stock — — — — — — Total $ 23 $ 8,750 $ 211 $ 11,359 $ 234 $ 20,109 Securities held-to-maturity U.S. Government-agency MBS $ 10 $ 1,706 $ 140 $ 2,094 $ 150 $ 3,800 Total $ 10 $ 1,706 $ 140 $ 2,094 $ 150 $ 3,800

LOANS HELD FOR INVESTMENT (Tabl

LOANS HELD FOR INVESTMENT (Tables)	6 Months Ended
	Jun. 30, 2019
LOANS HELD FOR INVESTMENT [Abstract]
Composition of Loans Held for Investment Loan Portfolio	The composition of the Company’s loans held for investment loan portfolio follows: June 30, December 31, (in thousands) Manufactured housing $ 253,250 $ 247,114 Commercial real estate 391,293 365,809 Commercial 74,827 83,753 SBA 5,948 5,557 HELOC 6,696 6,756 Single family real estate 11,575 11,261 Consumer 60 46 743,649 720,296 Allowance for loan losses (8,887 ) (8,691 ) Deferred fees, net (125 ) (337 ) Discount on SBA loans (63 ) (71 ) Total loans held for investment, net $ 734,574 $ 711,197
Contractual Aging of Recorded Investment in Past Due Held for Investment Loans by Class of Loans	The following table presents the contractual aging of the recorded investment in past due held for investment loans by class of loans: June 30, 2019 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 $ 252,423 $ 492 $ — $ — $ 492 $ 335 $ 253,250 $ — Commercial real estate: Commercial real estate 315,443 — — — — 92 315,535 — SBA 504 1st trust deed 20,220 — — — — — 20,220 — Land 7,388 — — — — — 7,388 — Construction 48,150 — — — — — 48,150 — Commercial 72,463 97 — — 97 2,267 74,827 — SBA 4,207 985 — — 985 756 5,948 — HELOC 6,509 — — — — 187 6,696 — Single family real estate 11,575 — — — — — 11,575 — Consumer 60 — — — — — 60 — Total $ 738,438 $ 1,574 $ — $ — $ 1,574 $ 3,637 $ 743,649 $ — December 31, 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 $ 246,456 $ 285 $ 144 $ — $ 429 $ 229 $ 247,114 $ — Commercial real estate: Commercial real estate 267,377 2,478 — — 2,478 102 269,957 — SBA 504 1st trust deed 20,835 — 322 — 322 — 21,157 — Land 6,381 — — — — — 6,381 — Construction 67,835 479 — — 479 — 68,314 — Commercial 78,857 15 — — 15 4,881 83,753 — SBA 4,741 — — — — 816 5,557 — HELOC 6,558 — — — — 198 6,756 — Single family real estate 11,221 16 — 24 40 — 11,261 — Consumer 46 — — — — — 46 — Total $ 710,307 $ 3,273 $ 466 $ 24 $ 3,763 $ 6,226 $ 720,296 $ —
Analysis of Allowance for Loan Losses for Loans Held for Investment	The following table summarizes the changes in the allowance for loan losses: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (in thousands) Beginning balance $ 8,648 $ 8,458 $ 8,691 $ 8,420 Charge-offs (14 ) — (31 ) (6 ) Recoveries 76 47 107 235 Net recoveries 62 47 76 229 Provision (credit) 177 117 120 (27 ) Ending balance $ 8,887 $ 8,622 $ 8,887 $ 8,622 As of June 30, 2019 and December 31, 2018, the Company had reserves for credit losses on undisbursed loans of $81,000 and $73,000, respectively, which were included in other liabilities. The following tables summarize the changes in the allowance for loan losses by portfolio type: For the Three Months Ended June 30, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2019 (in thousands) Beginning balance $ 2,188 $ 5,058 $ 1,219 $ 44 $ 48 $ 91 $ — $ 8,648 Charge-offs — — (14 ) — — — — (14 ) Recoveries 37 12 20 6 1 — — 76 Net (charge-offs) recoveries 37 12 6 6 1 — — 62 Provision (credit) (26 ) 288 (75 ) (10 ) — — — 177 Ending balance $ 2,199 $ 5,358 $ 1,150 $ 40 $ 49 $ 91 $ — $ 8,887 2018 Beginning balance $ 2,102 $ 4,976 $ 1,127 $ 61 $ 93 $ 99 $ — $ 8,458 Charge-offs — — — — — — — — Recoveries 9 — 19 6 12 1 — 47 Net (charge-offs) recoveries 9 — 19 6 12 1 — 47 Provision (credit) 34 31 75 (10 ) (12 ) (1 ) — 117 Ending balance $ 2,145 $ 5,007 $ 1,221 $ 57 $ 93 $ 99 $ — $ 8,622 For the Six Months Ended June 30, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2019 (in thousands) Beginning balance $ 2,196 $ 5,028 $ 1,210 $ 79 $ 90 $ 88 $ — $ 8,691 Charge-offs — — (31 ) — — — — (31 ) Recoveries 43 12 39 11 2 — — 107 Net (charge-offs) recoveries 43 12 8 11 2 — — 76 Provision (credit) (40 ) 318 (68 ) (50 ) (43 ) 3 — 120 Ending balance $ 2,199 $ 5,358 $ 1,150 $ 40 $ 49 $ 91 $ — $ 8,887 2018 Beginning balance $ 2,180 $ 4,844 $ 1,133 $ 73 $ 92 $ 98 $ — $ 8,420 Charge-offs (6 ) — — — — — — (6 ) Recoveries 108 15 24 68 19 1 — 235 Net (charge-offs) recoveries 102 15 24 68 19 1 — 229 Provision (credit) (137 ) 148 64 (84 ) (18 ) — — (27 ) Ending balance $ 2,145 $ 5,007 $ 1,221 $ 57 $ 93 $ 99 $ — $ 8,622
Impairment Method Information Related to Loans and Allowance for Loan Losses by Loan Portfolio Segment	The following tables present impairment method information related to loans and allowance for loan losses by loan portfolio segment: Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total Loans Loans Held for Investment as of June 30, 2019: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 6,156 $ 239 $ — $ — $ — $ 480 $ — $ 6,875 Impaired loans with no allowance recorded 2,174 92 4,213 756 187 1,876 — 9,298 Total loans individually evaluated for impairment 8,330 331 4,213 756 187 2,356 — 16,173 Loans collectively evaluated for impairment 244,920 390,962 70,614 5,192 6,509 9,219 60 727,476 Total loans held for investment $ 253,250 $ 391,293 $ 74,827 $ 5,948 $ 6,696 $ 11,575 $ 60 $ 743,649 Unpaid Principal Balance Impaired loans with an allowance recorded $ 6,156 $ 239 $ — $ — $ — $ 480 $ — $ 6,875 Impaired loans with no allowance recorded 3,009 155 4,509 1,179 249 1,876 — 10,977 Total loans individually evaluated for impairment 9,165 394 4,509 1,179 249 2,356 — 17,852 Loans collectively evaluated for impairment 244,920 390,962 70,614 5,192 6,509 9,219 60 727,476 Total loans held for investment $ 254,085 $ 391,356 $ 75,123 $ 6,371 $ 6,758 $ 11,575 $ 60 $ 745,328 Related Allowance for Credit Losses Impaired loans with an allowance recorded $ 363 $ 9 $ — $ — $ — $ 19 $ — $ 391 Impaired loans with no allowance recorded — — — — — — — — Total loans individually evaluated for impairment 363 9 — — — 19 — 391 Loans collectively evaluated for impairment 1,836 5,349 1,150 40 49 72 — 8,496 Total loans held for investment $ 2,199 $ 5,358 $ 1,150 $ 40 $ 49 $ 91 $ — $ 8,887 Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total Loans Loans Held for Investment as of December 31, 2018: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 8,726 $ 243 $ — $ — $ — $ 775 $ — $ 9,744 Impaired loans with no allowance recorded 3,269 102 7,811 815 198 1,964 — 14,159 Total loans individually evaluated for impairment 11,995 345 7,811 815 198 2,739 — 23,903 Loans collectively evaluated for impairment 235,119 365,464 75,942 4,742 6,558 8,522 46 696,393 Total loans held for investment $ 247,114 $ 365,809 $ 83,753 $ 5,557 $ 6,756 $ 11,261 $ 46 $ 720,296 Unpaid Principal Balance Impaired loans with an allowance recorded $ 8,726 $ 243 $ — $ — $ — $ 775 $ — $ 9,744 Impaired loans with no allowance recorded 4,321 160 8,078 1,211 249 1,963 — 15,982 Total loans individually evaluated for impairment 13,047 403 8,078 1,211 249 2,738 — 25,726 Loans collectively evaluated for impairment 235,119 365,464 75,942 4,742 6,558 8,522 46 696,393 Total loans held for investment $ 248,166 $ 365,867 $ 84,020 $ 5,953 $ 6,807 $ 11,260 $ 46 $ 722,119 Related Allowance for Credit Losses Impaired loans with an allowance recorded $ 432 $ 9 $ — $ — $ — $ 24 $ — $ 465 Impaired loans with no allowance recorded — — — — — — — — Total loans individually evaluated for impairment 432 9 — — — 24 — 465 Loans collectively evaluated for impairment 1,764 5,019 1,210 79 90 64 — 8,226 Total loans held for investment $ 2,196 $ 5,028 $ 1,210 $ 79 $ 90 $ 88 $ — $ 8,691
Recorded Investment in Loans Classified as Impaired	The table below reflects recorded investment in loans classified as impaired: June 30, December 31, (in thousands) Impaired loans with a specific valuation allowance under ASC 310 $ 6,875 $ 9,744 Impaired loans without a specific valuation allowance under ASC 310 9,298 14,159 Total impaired loans $ 16,173 $ 23,903 Valuation allowance related to impaired loans $ 391 $ 465
Impaired Loans by Class	The following table summarizes impaired loans by class of loans: June 30, December 31, (in thousands) Manufactured housing $ 8,330 $ 11,995 Commercial real estate : Commercial real estate 92 102 SBA 504 1st trust deed 239 243 Land — — Construction — — Commercial 4,213 7,811 SBA 756 815 HELOC 187 198 Single family real estate 2,356 2,739 Consumer — — Total $ 16,173 $ 23,903
Average Investment in Impaired Loans by Class and Related Interest Income Recognized	The following tables summarize average investment in impaired loans by class of loans and the related interest income recognized: Three Months Ended June 30, 2019 2018 Average Investment in Impaired Loans Interest Income Average in Impaired Loans Interest Income (in thousands) Manufactured housing $ 8,577 $ 166 $ 8,278 $ 173 Commercial real estate: Commercial real estate 119 — 113 — SBA 504 1st trust deed 226 4 413 5 Land — — — — Construction — — — — Commercial 5,672 43 7,537 49 SBA 924 — 914 — HELOC 208 5 205 — Single family real estate 2,318 34 2,251 27 Consumer — — — — Total $ 18,044 $ 252 $ 19,711 $ 254 Six Months Ended June 30, 2019 2018 Average Investment in Impaired Loans Interest Income Average in Impaired Loans Interest Income (in thousands) Manufactured housing $ 9,660 $ 319 $ 8,190 $ 335 Commercial real estate: Commercial real estate 113 — 116 — SBA 504 1st trust deed 231 9 420 10 Land — — — — Construction — — — — Commercial 6,350 79 7,885 98 SBA 889 — 937 1 HELOC 205 11 208 — Single family real estate 2,450 65 2,272 54 Consumer — — — — Total $ 19,898 $ 483 $ 20,028 $ 498
Recorded Investment in Certain Types of Loans	The following table reflects the recorded investment in certain types of loans at the periods indicated: June 30, December 31, (in thousands) Nonaccrual loans $ 3,637 $ 6,226 Government guaranteed portion of loans included above $ 621 $ 2,848 Troubled debt restructured loans, gross $ 13,682 $ 16,749 Loans 30 through 89 days past due with interest accruing $ 1,574 $ 3,763 Loans 90 days or more past due with interest accruing $ — $ — Allowance for loan losses to gross loans held for investment 1.20 % 1.21 %
Composition of Net Nonaccrual Loans	The following table presents the composition of nonaccrual loans by class of loans: June 30, December 31, (in thousands) Manufactured housing $ 335 $ 229 Commercial real estate: Commercial real estate 92 102 SBA 504 1st trust deed — — Land — — Construction — — Commercial 2,267 4,881 SBA 756 816 HELOC 187 198 Single family real estate — — Consumer — — Total $ 3,637 $ 6,226
Gross Loans by Risk Rating	The following tables present gross loans by risk rating: June 30, 2019 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 252,865 $ — $ 385 $ — $ 253,250 Commercial real estate: Commercial real estate 313,471 1,972 92 — 315,535 SBA 504 1st trust deed 19,441 — 779 — 20,220 Land 7,388 — — — 7,388 Construction 46,128 — 2,022 — 48,150 Commercial 67,411 481 6,735 — 74,627 SBA 1,598 40 2,433 — 4,071 HELOC 6,509 — 187 — 6,696 Single family real estate 11,570 — 5 — 11,575 Consumer 60 — — — 60 Total, net 726,441 2,493 12,638 — 741,572 Government guarantee — — 2,077 — 2,077 Total $ 726,441 $ 2,493 $ 14,715 $ — $ 743,649 December 31, 2018 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 246,884 $ — $ 230 $ — $ 247,114 Commercial real estate: Commercial real estate 269,855 — 102 — 269,957 SBA 504 1st trust deed 20,109 — 1,048 — 21,157 Land 6,381 — — — 6,381 Construction 66,683 1,631 — — 68,314 Commercial 73,580 — 7,771 — 81,351 SBA 2,770 34 1,557 4,361 HELOC 6,558 — 198 — 6,756 Single family real estate 11,256 — 5 — 11,261 Consumer 46 — — — 46 Total, net 704,122 1,665 10,911 $ — 716,698 Government guarantee — — 3,598 — 3,598 Total $ 704,122 $ 1,665 $ 14,509 $ — $ 720,296
Troubled Debt Restructurings	The following tables summarize the financial effects of TDR loans by loan class for the periods presented: For the Six Months Ended June 30, 2019 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) SBA 1 $ 48 $ 48 $ 48 $ — $ — Total 1 $ 48 $ 48 $ 48 $ — $ — For the Three Months Ended June 30, 2018 Number of Loans Pre- Modification Recorded Investment Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Extension Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing 5 $ 447 $ 447 $ 447 $ 447 $ 26 Commercial - - - — - — Total 5 $ 447 $ 447 $ 447 $ 447 $ 26 For the Six Months Ended June 30, 2018 Number of Loans Pre- Modification Recorded Investment Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Extension Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing 10 $ 1,047 $ 1,047 $ 1,047 $ 1,047 $ 63 Commercial 3 1,781 1,781 — 1,781 — Total 13 $ 2,828 $ 2,828 $ 1,047 $ 2,828 $ 63

OTHER ASSETS ACQUIRED THROUGH_2

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE (Tables)	6 Months Ended
	Jun. 30, 2019
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE [Abstract]
Other Assets Acquired through Foreclosure	The following table summarizes the changes in other assets acquired through foreclosure: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (in thousands) Balance, beginning of period $ - $ 233 $ - $ 372 Additions 1,074 73 1,074 174 Proceeds from dispositions - (57 ) - (271 ) (Loss) gain on sales, net - (36 ) - (62 ) Balance, end of period $ 1,074 $ 213 $ 1,074 $ 213

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	6 Months Ended
	Jun. 30, 2019
FAIR VALUE MEASUREMENT [Abstract]
Fair Value Measurements of Assets Measured on a Recurring Basis	The following tables summarize the fair value of assets measured on a recurring basis: Fair Value Measurements at the End of the Reporting Period Using: June 30, 2019 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 measured at fair value $ 145 $ — $ — $ 145 Investment securities available-for-sale — 23,456 — 23,456 Interest only strips — — 56 56 Servicing assets — — 47 47 Total $ 145 $ 23,456 $ 103 $ 23,704 Fair Value Measurements at the End of the Reporting Period Using: December 31, 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 measured at fair value $ 121 $ — $ — $ 121 Investment securities available-for-sale — 24,931 — 24,931 Interest only strips — — 63 63 Servicing assets — — 49 49 $ 121 $ 24,931 $ 112 $ 25,164
Fair Value Measurements of Assets Measured on a Non-recurring Basis	The following summarizes the fair value measurements of assets measured on a non-recurring basis: Fair Value Measurements at the End of the Reporting Period Using: Total Quoted Prices in Active Markets for Identical Assets (Level 1) Active Markets for Similar Assets (Level 2) Unobservable Inputs (Level 3) (in thousands) June 30, 2019: Impaired loans $ 3,244 $ — $ 3,244 $ — Loans held for sale 46,122 — 46,122 — Foreclosed real estate and repossessed assets 1,074 — 1,074 — $ 50,440 $ — $ 50,440 $ — 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, 2018: Impaired loans $ 5,592 $ — $ 5,592 $ — Loans held for sale 49,050 — 49,050 — Foreclosed real estate and repossessed assets - — — — $ 54,642 — 54,642 —
Estimated Fair Values and Carrying Values of Financial Instruments	The estimated fair value of the Company’s financial instruments are as follows: June 30, 2019 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 57,181 $ 57,181 $ — $ — $ 57,181 FRB and FHLB stock 4,087 — 4,087 — 4,087 Investment securities 30,414 145 30,416 — 30,561 Loans, net 780,021 — 765,878 12,714 778,592 Financial liabilities: Deposits 765,111 — 766,064 — 766,064 Other borrowings 46,000 — 46,269 — 46,269 December 31, 2018 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 56,915 $ 56,915 $ — $ — $ 56,915 FRB and FHLB stock 4,087 — 4,087 — 4,087 Investment securities 32,353 121 32,079 — 32,200 Loans, net 759,552 — 735,377 17,846 753,223 Financial liabilities: Deposits 716,006 — 712,900 — 712,900 Other borrowings 75,000 — 74,930 — 74,930

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	6 Months Ended
	Jun. 30, 2019
STOCKHOLDERS' EQUITY [Abstract]
Changes in Other Comprehensive Income (Loss) by Component, Net of Tax	The following table summarizes the changes in other comprehensive income (loss) by component, net of tax for the period indicated: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 Unrealized holding gains (losses) on AFS Unrealized holding gains (losses) on AFS (in thousands) Beginning balance $ (134 ) $ (73 ) $ (141 ) $ 25 Other comprehensive income before reclassifications 63 (38 ) 70 (77 ) Amounts reclassified from accumulated other comprehensive income — — — (59 ) Net current-period other comprehensive income 63 (38 ) 70 (136 ) Ending Balance $ (71 ) $ (111 ) $ (71 ) $ (111 )

CAPITAL REQUIREMENT (Tables)

CAPITAL REQUIREMENT (Tables)	6 Months Ended
	Jun. 30, 2019
CAPITAL REQUIREMENT [Abstract]
Bank's Regulatory Ratios and Federal Reserve's Current Adequacy Guidelines	The following tables illustrates the Bank’s regulatory ratios and the Federal Reserve’s current adequacy guidelines as of June 30, 2019 and December 31, 2018. The Federal Reserve’s fully phased-in guidelines applicable in 2019 are also summarized. Total Capital (To Risk- Weighted Assets) Tier 1 Capital (To Risk- Weighted Assets) Common Equity Tier 1 (To Risk- Weighted Assets) Leverage Ratio/Tier 1 Capital (To Average Assets) June 30, 2019 CWB’s actual regulatory ratios 10.67 % 9.53 % 9.53 % 8.66 % Minimum capital requirements 8.00 % 6.00 % 4.50 % 4.00 % Well-capitalized requirements 10.50 % 8.50 % 7.00 % 5.00 % Minimum capital requirements including fully-phased in capital conservation buffer 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, 2018 CWB’s actual regulatory ratios 10.83 % 9.68 % 9.68 % 8.57 % 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 10.50 % 8.50 % 7.00 % N/A

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	6 Months Ended
	Jun. 30, 2019
REVENUE RECOGNITION [Abstract]
Non-Interest Income	The following table presents non-interest income, segregated by revenue streams in-and out-of-scope of Topic 606, for periods indicated. Non-interest income Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 In-scope of Topic 606: (in thousands) Service charges on deposit accounts $ 121 $ 94 $ 246 $ 186 Exchange fees and other service charges 44 scope 52 78 99 Non-interest income (in-scope of Topic 606) 164 146 324 285 Non-interest income (out-of-scope of Topic 606) 528 542 972 1,042 $ 692 $ 688 $ 1,296 $ 1,327

LEASES (Tables)

LEASES (Tables)	6 Months Ended
	Jun. 30, 2019
LEASES [Abstract]
Lease Cost and Other Information	Six Months Ended June 30, 2019 2018 Lease cost: (in thousands) Operating lease cost 583 — Sublease income — — Total lease cost 583 — Other information Cash paid for amounts included in the measurement of lease liabilities — — Operating cash flows from operating leases 571 — Weighted average remaining lease term - operating leases 9.88 years N/A Weighted average discount rate - operating leases 3.22 % N/A
Future Minimum Operating Lease Payments	Future minimum operating lease payments: June 30, 2019 2018 (in thousands) 2019 $ 545 $ — 2020 1,015 — 2021 884 — 2022 779 — 2023 705 — Thereafter 4,004 — Total future minimum lease payments $ 7,932 $ — Less remaining imputed interest 1,175 — Total lease liabilities $ 6,757 $ —

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)CategoryQuarterPayment	Jun. 30, 2018USD ($)
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]
Operating lease right-of-use assets	$ 6,700
Lease liabilities	$ 6,757	$ 0
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
Pass/Management Attention Risk [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Number of categories in pass categories | Category	4
Number of categories considered to be acceptable loans | Category	3
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
ASU 2016-02 [Member]
Recent Accounting Pronouncements [Abstract]
Operating lease right-of-use assets	$ 8,400
Lease liabilities	$ 8,400

INVESTMENT SECURITIES, Securiti

INVESTMENT SECURITIES, Securities Available-for-Sale (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Securities available-for-sale [Abstract]
Amortized cost	$ 23,562	$ 25,156
Gross unrealized gains	27	9
Gross unrealized (losses)	(133)	(234)
Fair value	23,456	24,931
U.S. Government Agency Notes [Member]
Securities available-for-sale [Abstract]
Amortized cost	11,302	12,225
Gross unrealized gains	0	0
Gross unrealized (losses)	(61)	(155)
Fair value	11,241	12,070
U.S. Government Agency Collateralized Mortgage Obligations ("CMO") [Member]
Securities available-for-sale [Abstract]
Amortized cost	12,260	12,931
Gross unrealized gains	27	9
Gross unrealized (losses)	(72)	(79)
Fair value	$ 12,215	$ 12,861

INVESTMENT SECURITIES, Securi_2

INVESTMENT SECURITIES, Securities Held-to-Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Securities held-to-maturity [Abstract]
Amortized cost	$ 6,813	$ 7,301
Gross unrealized gains	194	118
Gross unrealized (losses)	(47)	(150)
Fair value	6,960	7,269
U.S. Government Agency Mortgage Backed Securities ("MBS") [Member]
Securities held-to-maturity [Abstract]
Amortized cost	6,813	7,301
Gross unrealized gains	194	118
Gross unrealized (losses)	(47)	(150)
Fair value	$ 6,960	$ 7,269

INVESTMENT SECURITIES, Securi_3

INVESTMENT SECURITIES, Securities Measured at Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Securities measured at fair value [Abstract]
Amortized cost	$ 66	$ 66
Gross unrealized gains	79	55
Gross unrealized (losses)	0	0
Fair value	145	121
Equity Securities: Farmer Mac Class A Stock [Member]
Securities measured at fair value [Abstract]
Amortized cost	66	66
Gross unrealized gains	79	55
Gross unrealized losses	0	0
Fair value	145	121
Fair value	$ 145	$ 121

INVESTMENT SECURITIES, Securi_4

INVESTMENT SECURITIES, Securities Pledged as Collateral (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
INVESTMENT SECURITIES [Abstract]
Securities pledged as collateral to the Federal Home Loan Bank ("FHLB")	$ 30.3	$ 32.2

INVESTMENT SECURITIES, Maturity

INVESTMENT SECURITIES, Maturity Periods and Weighted Average Yields (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Maturity periods and weighted average yields of investment securities available-for-sale [Abstract]
Less than one year, amount	$ 1,986	$ 1,946
Less than one year, yield	2.60%	2.60%
One to five years, amount	$ 4,001	$ 4,105
One to five years, yield	2.70%	2.50%
Five to ten years, amount	$ 14,813	$ 16,020
Five to ten years, yield	3.10%	3.00%
Over ten years, amount	$ 2,656	$ 2,860
Over ten years, yield	3.30%	3.20%
Securities measured at fair value, amount	$ 145	$ 121
Securities measured at fair value, yield	0.00%	0.00%
Total amount	$ 23,456	$ 24,931
Total yield	3.00%	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	$ 2,321	$ 2,058
One to five years, yield	4.60%	4.70%
Five to ten years, amount	$ 3,705	$ 4,449
Five to ten years, yield	3.00%	3.20%
Over ten years, amount	$ 787	$ 794
Over ten years, yield	3.60%	3.60%
Total amount	$ 6,813	$ 7,301
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	$ 1,986	$ 1,946
Less than one year, yield	2.60%	2.60%
One to five years, amount	$ 1,200	$ 1,388
One to five years, yield	2.80%	2.60%
Five to ten years, amount	$ 8,055	$ 8,736
Five to ten years, yield	3.30%	3.10%
Over ten years, amount	$ 0	$ 0
Over ten years, yield	0.00%	0.00%
Total amount	$ 11,241	$ 12,070
Total yield	3.10%	2.00%
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	$ 2,801	$ 2,717
One to five years, yield	2.60%	2.50%
Five to ten years, amount	$ 6,758	$ 7,284
Five to ten years, yield	2.80%	2.80%
Over ten years, amount	$ 2,656	$ 2,860
Over ten years, yield	3.30%	3.20%
Total amount	$ 12,215	$ 12,861
Total yield	2.90%	1.90%
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	$ 2,321	$ 2,058
One to five years, yield	4.60%	4.70%
Five to ten years, amount	$ 3,705	$ 4,449
Five to ten years, yield	3.00%	3.20%
Over ten years, amount	$ 787	$ 794
Over ten years, yield	3.60%	3.60%
Total amount	$ 6,813	$ 7,301
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]
Securities measured at fair value, amount	$ 145	$ 121
Securities measured at fair value, yield	0.00%	0.00%

INVESTMENT SECURITIES, Investme

INVESTMENT SECURITIES, Investment Securities by Contractual Maturities (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Securities available-for-sale, Amortized Cost [Abstract]
Due in one year or less	$ 1,998	$ 1,998
After one year through five years	4,008	4,138
After five years through ten years	14,872	16,107
After ten years	2,684	2,913
Amortized cost	23,562	25,156
Securities available for sale, Estimated Fair Value [Abstract]
Due in one year or less	1,986	1,946
After one year through five years	4,001	4,105
After five years through ten years	14,813	16,020
After ten years	2,656	2,860
Estimated fair value	23,456	24,931
Securities held to maturity, Amortized Cost [Abstract]
Due in one year or less	0	0
After one year through five years	2,321	2,058
After five years through ten years	3,705	4,449
After ten years	787	794
Amortized cost	6,813	7,301
Securities held to maturity, Estimated Fair Value [Abstract]
Due in one year or less	0	0
After one year through five years	2,421	2,153
After five years through ten years	3,690	4,323
After ten years	849	793
Estimated fair value	6,960	7,269
Securities measured at fair value [Abstract]
Amortized cost	66	66
Fair value	$ 145	$ 121

INVESTMENT SECURITIES, Unrealiz

INVESTMENT SECURITIES, Unrealized Loss Positions (Details) $ in Thousands	Jun. 30, 2019USD ($)Security	Dec. 31, 2018USD ($)Security
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	$ 23	$ 23
Less than twelve months, fair value	5,739	8,750
More than twelve months, gross unrealized losses	110	211
More than twelve months, fair value	11,985	11,359
Total, gross unrealized losses	133	234
Total, fair value	17,724	20,109
Securities held-to-maturity, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	0	10
Less than twelve months, fair value	0	1,706
More than twelve months, gross unrealized losses	47	140
More than twelve months, fair value	2,146	2,094
Total, gross unrealized losses	47	150
Total, fair value	$ 2,146	$ 3,800
Securities in unrealized loss positions | Security	12	21
U.S. Government Agency Notes [Member]
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	$ 0	$ 21
Less than twelve months, fair value	0	4,001
More than twelve months, gross unrealized losses	61	134
More than twelve months, fair value	9,547	8,070
Total, gross unrealized losses	61	155
Total, fair value	9,547	12,071
U.S. government agency CMO [Member]
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	23	2
Less than twelve months, fair value	5,739	4,749
More than twelve months, gross unrealized losses	49	77
More than twelve months, fair value	2,438	3,289
Total, gross unrealized losses	72	79
Total, fair value	8,177	8,038
Equity Securities: Farmer Mac Class A Stock [Member]
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses		0
Less than twelve months, fair value		0
More than twelve months, gross unrealized losses		0
More than twelve months, fair value		0
Total, gross unrealized losses		0
Total, fair value		0
U.S. Government Agency MBS [Member]
Securities held-to-maturity, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	0	10
Less than twelve months, fair value	0	1,706
More than twelve months, gross unrealized losses	47	140
More than twelve months, fair value	2,146	2,094
Total, gross unrealized losses	47	150
Total, fair value	$ 2,146	$ 3,800

LOANS HELD FOR SALE (Details)

LOANS HELD FOR SALE (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Loans Held for Sale [Abstract]
Loans included in loans held for sale	$ 45,447	$ 48,355
SBA [Member]
Loans Held for Sale [Abstract]
Loans included in loans held for sale	11,600	13,600
Principal balance of loan serviced	6,100	7,200
US Department of Agriculture [Member]
Loans Held for Sale [Abstract]
Loans included in loans held for sale	33,800	34,800
Principal balance of loan serviced	$ 2,000	$ 2,000

LOANS HELD FOR INVESTMENT (Deta

LOANS HELD FOR INVESTMENT (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017
Loans held for investment [Abstract]
Loans held for investment, gross	$ 743,649		$ 720,296
Allowance for loan losses	(8,887)	$ (8,648)	(8,691)	$ (8,622)	$ (8,458)	$ (8,420)
Deferred fees, net	(125)		(337)
Discount on SBA loans	(63)		(71)
Total loans held for investment, net	734,574		711,197
Manufactured Housing [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	253,250		247,114
Allowance for loan losses	(2,199)	(2,188)	(2,196)	(2,145)	(2,102)	(2,180)
Commercial Real Estate [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	391,293		365,809
Allowance for loan losses	(5,358)	(5,058)	(5,028)	(5,007)	(4,976)	(4,844)
Commercial [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	74,827		83,753
Allowance for loan losses	(1,150)	(1,219)	(1,210)	(1,221)	(1,127)	(1,133)
SBA [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	5,948		5,557
Allowance for loan losses	(40)	(44)	(79)	(57)	(61)	(73)
HELOC [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	6,696		6,756
Allowance for loan losses	(49)	(48)	(90)	(93)	(93)	(92)
Single Family Real Estate [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	11,575		11,261
Allowance for loan losses	(91)	(91)	(88)	(99)	(99)	(98)
Consumer [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	60		46
Allowance for loan losses	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Fina

LOANS HELD FOR INVESTMENT, Financing Receivables Past Due (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Aging of loans held for investment [Abstract]
Current	$ 738,438	$ 710,307
Total past due	1,574	3,763
Nonaccrual	3,637	6,226
Total loans held for investment	743,649	720,296
Recorded investment over 90 days and accruing	0	0
30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	1,574	3,273
60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	466
Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	24
Manufactured Housing [Member]
Aging of loans held for investment [Abstract]
Current	252,423	246,456
Total past due	492	429
Nonaccrual	335	229
Total loans held for investment	253,250	247,114
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	492	285
Manufactured Housing [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	144
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	391,293	365,809
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Aging of loans held for investment [Abstract]
Current	315,443	267,377
Total past due	0	2,478
Nonaccrual	92	102
Total loans held for investment	315,535	269,957
Recorded investment over 90 days and accruing	0	0
Commercial Real Estate [Member] | Commercial Real Estate [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	2,478
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	20,220	20,835
Total past due	0	322
Nonaccrual	0	0
Total loans held for investment	20,220	21,157
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	322
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	7,388	6,381
Total past due	0	0
Nonaccrual	0	0
Total loans held for investment	7,388	6,381
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	48,150	67,835
Total past due	0	479
Nonaccrual	0	0
Total loans held for investment	48,150	68,314
Recorded investment over 90 days and accruing	0	0
Commercial Real Estate [Member] | Construction [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	479
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	72,463	78,857
Total past due	97	15
Nonaccrual	2,267	4,881
Total loans held for investment	74,827	83,753
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	97	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	4,207	4,741
Total past due	985	0
Nonaccrual	756	816
Total loans held for investment	5,948	5,557
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	985	0
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	6,509	6,558
Total past due	0	0
Nonaccrual	187	198
Total loans held for investment	6,696	6,756
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	11,575	11,221
Total past due	0	40
Nonaccrual	0	0
Total loans held for investment	11,575	11,261
Recorded investment over 90 days and accruing	0	0
Single Family Real Estate [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	16
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	0	24
Consumer [Member]
Aging of loans held for investment [Abstract]
Current	60	46
Total past due	0	0
Nonaccrual	0	0
Total loans held for investment	60	46
Recorded investment over 90 days and accruing	0	0
Consumer [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Consumer [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Consumer [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Allo

LOANS HELD FOR INVESTMENT, Allowance for Credit Losses by Portfolio Type (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Summary of allowance for loan losses [Roll Forward]
Beginning balance	$ 8,648	$ 8,458	$ 8,691	$ 8,420
Charge-offs	(14)	0	(31)	(6)
Recoveries	76	47	107	235
Net (charge-offs) recoveries	62	47	76	229
Provision (credit)	177	117	120	(27)
Ending balance	8,887	8,622	8,887	8,622
Reserve for credit losses on undisbursed loans	81		81		$ 73
Manufactured Housing [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	2,188	2,102	2,196	2,180
Charge-offs	0	0	0	(6)
Recoveries	37	9	43	108
Net (charge-offs) recoveries	37	9	43	102
Provision (credit)	(26)	34	(40)	(137)
Ending balance	2,199	2,145	2,199	2,145
Commercial Real Estate [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	5,058	4,976	5,028	4,844
Charge-offs	0	0	0	0
Recoveries	12	0	12	15
Net (charge-offs) recoveries	12	0	12	15
Provision (credit)	288	31	318	148
Ending balance	5,358	5,007	5,358	5,007
Commercial [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	1,219	1,127	1,210	1,133
Charge-offs	(14)	0	(31)	0
Recoveries	20	19	39	24
Net (charge-offs) recoveries	6	19	8	24
Provision (credit)	(75)	75	(68)	64
Ending balance	1,150	1,221	1,150	1,221
SBA [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	44	61	79	73
Charge-offs	0	0	0	0
Recoveries	6	6	11	68
Net (charge-offs) recoveries	6	6	11	68
Provision (credit)	(10)	(10)	(50)	(84)
Ending balance	40	57	40	57
HELOC [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	48	93	90	92
Charge-offs	0	0	0	0
Recoveries	1	12	2	19
Net (charge-offs) recoveries	1	12	2	19
Provision (credit)	0	(12)	(43)	(18)
Ending balance	49	93	49	93
Single Family Real Estate [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	91	99	88	98
Charge-offs	0	0	0	0
Recoveries	0	1	0	1
Net (charge-offs) recoveries	0	1	0	1
Provision (credit)	0	(1)	3	0
Ending balance	91	99	91	99
Consumer [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	0	0	0	0
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Net (charge-offs) recoveries	0	0	0	0
Provision (credit)	0	0	0	0
Ending balance	$ 0	$ 0	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Impa

LOANS HELD FOR INVESTMENT, Impaired Financing Receivables (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	$ 6,875	$ 9,744
Impaired loans with no allowance recorded	9,298	14,159
Total loans individually evaluated for impairment	16,173	23,903
Loans collectively evaluated for impairment	727,476	696,393
Total loans held for investment	743,649	720,296
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	6,875	9,744
Impaired loans with no allowance recorded	10,977	15,982
Total loans individually evaluated for impairment	17,852	25,726
Loans collectively evaluated for impairment	727,476	696,393
Total loans held for investment	745,328	722,119
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	391	465
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	391	465
Loans collectively evaluated for impairment	8,496	8,226
Total loans held for investment	8,887	8,691
Impaired loans with a specific valuation allowance under ASC 310	6,875	9,744
Impaired loans without a specific valuation allowance under ASC 310	9,298	14,159
Total impaired loans	16,173	23,903
Valuation allowance related to impaired loans	391	465
Loans Guaranteed by Government Agencies [Member]
Related Allowance for Credit Losses [Abstract]
Total impaired loans	900	3,100
Manufactured Housing [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	6,156	8,726
Impaired loans with no allowance recorded	2,174	3,269
Total loans individually evaluated for impairment	8,330	11,995
Loans collectively evaluated for impairment	244,920	235,119
Total loans held for investment	253,250	247,114
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	6,156	8,726
Impaired loans with no allowance recorded	3,009	4,321
Total loans individually evaluated for impairment	9,165	13,047
Loans collectively evaluated for impairment	244,920	235,119
Total loans held for investment	254,085	248,166
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	363	432
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	363	432
Loans collectively evaluated for impairment	1,836	1,764
Total loans held for investment	2,199	2,196
Impaired loans with a specific valuation allowance under ASC 310	6,156	8,726
Impaired loans without a specific valuation allowance under ASC 310	2,174	3,269
Total impaired loans	8,330	11,995
Valuation allowance related to impaired loans	363	432
Commercial Real Estate [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	239	243
Impaired loans with no allowance recorded	92	102
Total loans individually evaluated for impairment	331	345
Loans collectively evaluated for impairment	390,962	365,464
Total loans held for investment	391,293	365,809
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	239	243
Impaired loans with no allowance recorded	155	160
Total loans individually evaluated for impairment	394	403
Loans collectively evaluated for impairment	390,962	365,464
Total loans held for investment	391,356	365,867
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	9	9
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	9	9
Loans collectively evaluated for impairment	5,349	5,019
Total loans held for investment	5,358	5,028
Impaired loans with a specific valuation allowance under ASC 310	239	243
Impaired loans without a specific valuation allowance under ASC 310	92	102
Valuation allowance related to impaired loans	9	9
Commercial [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	4,213	7,811
Total loans individually evaluated for impairment	4,213	7,811
Loans collectively evaluated for impairment	70,614	75,942
Total loans held for investment	74,827	83,753
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	4,509	8,078
Total loans individually evaluated for impairment	4,509	8,078
Loans collectively evaluated for impairment	70,614	75,942
Total loans held for investment	75,123	84,020
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	1,150	1,210
Total loans held for investment	1,150	1,210
Impaired loans with a specific valuation allowance under ASC 310	0	0
Impaired loans without a specific valuation allowance under ASC 310	4,213	7,811
Total impaired loans	4,213	7,811
Valuation allowance related to impaired loans	0	0
SBA [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	756	815
Total loans individually evaluated for impairment	756	815
Loans collectively evaluated for impairment	5,192	4,742
Total loans held for investment	5,948	5,557
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	1,179	1,211
Total loans individually evaluated for impairment	1,179	1,211
Loans collectively evaluated for impairment	5,192	4,742
Total loans held for investment	6,371	5,953
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	40	79
Total loans held for investment	40	79
Impaired loans with a specific valuation allowance under ASC 310	0	0
Impaired loans without a specific valuation allowance under ASC 310	756	815
Total impaired loans	756	815
Valuation allowance related to impaired loans	0	0
HELOC [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	187	198
Total loans individually evaluated for impairment	187	198
Loans collectively evaluated for impairment	6,509	6,558
Total loans held for investment	6,696	6,756
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	6,509	6,558
Total loans held for investment	6,758	6,807
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	49	90
Total loans held for investment	49	90
Impaired loans with a specific valuation allowance under ASC 310	0	0
Impaired loans without a specific valuation allowance under ASC 310	187	198
Total impaired loans	187	198
Valuation allowance related to impaired loans	0	0
Single Family Real Estate [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	480	775
Impaired loans with no allowance recorded	1,876	1,964
Total loans individually evaluated for impairment	2,356	2,739
Loans collectively evaluated for impairment	9,219	8,522
Total loans held for investment	11,575	11,261
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	480	775
Impaired loans with no allowance recorded	1,876	1,963
Total loans individually evaluated for impairment	2,356	2,738
Loans collectively evaluated for impairment	9,219	8,522
Total loans held for investment	11,575	11,260
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	19	24
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	19	24
Loans collectively evaluated for impairment	72	64
Total loans held for investment	91	88
Impaired loans with a specific valuation allowance under ASC 310	480	775
Impaired loans without a specific valuation allowance under ASC 310	1,876	1,964
Total impaired loans	2,356	2,739
Valuation allowance related to impaired loans	19	24
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	60	46
Total loans held for investment	60	46
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	60	46
Total loans held for investment	60	46
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	Jun. 30, 2019	Dec. 31, 2018
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	$ 16,173	$ 23,903
Manufactured Housing [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	8,330	11,995
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	92	102
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	239	243
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	4,213	7,811
SBA [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	756	815
HELOC [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	187	198
Single Family Real Estate [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	2,356	2,739
Consumer [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Aver

LOANS HELD FOR INVESTMENT, Average Investment in Impaired Loans by Class (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	$ 18,044	$ 19,711	$ 19,898	$ 20,028
Interest income	252	254	483	498
Manufactured Housing [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	8,577	8,278	9,660	8,190
Interest income	166	173	319	335
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	119	113	113	116
Interest income	0	0	0	0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	226	413	231	420
Interest income	4	5	9	10
Commercial Real Estate [Member] | Land [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	0	0	0	0
Interest income	0	0	0	0
Commercial Real Estate [Member] | Construction [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	0	0	0	0
Interest income	0	0	0	0
Commercial [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	5,672	7,537	6,350	7,885
Interest income	43	49	79	98
SBA [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	924	914	889	937
Interest income	0	0	0	1
HELOC [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	208	205	205	208
Interest income	5	0	11	0
Single Family Real Estate [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	2,318	2,251	2,450	2,272
Interest income	34	27	65	54
Consumer [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	0	0	0	0
Interest income	$ 0	$ 0	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Reco

LOANS HELD FOR INVESTMENT, Recorded Investment in Certain Types of Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Dec. 31, 2018
Financing receivable recorded investment [Abstract]
Nonaccrual loans	$ 3,637		$ 3,637	$ 6,226
Government guaranteed portion of loans included above	621		621	2,848
Troubled debt restructured loans, gross	13,682		13,682	16,749
Loans 30 through 89 days past due with interest accruing	1,574		1,574	3,763
Loans 90 days or more past due with interest accruing	$ 0		$ 0	$ 0
Allowance for loan losses to gross loans held for investment	1.20%		1.20%	1.21%
Period past due after which accrual of interest is discontinued			90 days
Foregone interest on nonaccrual and troubled debt restructured loans	$ 100	$ 100

LOANS HELD FOR INVESTMENT, Nona

LOANS HELD FOR INVESTMENT, Nonaccrual Loans, Net of SBA Guarantee (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	$ 3,637	$ 6,226
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	$ 600	2,800
Manufactured Housing [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	335	229
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	92	102
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	0	0
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	2,267	4,881
SBA [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	756	816
HELOC [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	187	198
Single Family Real Estate [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	0	0
Consumer [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Gros

LOANS HELD FOR INVESTMENT, Gross Loans by Risk Rating (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Gross loans by risk rating [Abstract]
Total loans held for investment, net	$ 741,572	$ 716,698
Total loans held for investment	743,649	720,296
Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	726,441	704,122
Total loans held for investment	726,441	704,122
Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	2,493	1,665
Total loans held for investment	2,493	1,665
Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	12,638	10,911
Total loans held for investment	14,715	14,509
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	2,077	3,598
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	2,077	3,598
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	253,250	247,114
Total loans held for investment	253,250	247,114
Manufactured Housing [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	252,865	246,884
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	385	230
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	391,293	365,809
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	315,535	269,957
Total loans held for investment	315,535	269,957
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	313,471	269,855
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	1,972	0
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	92	102
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	20,220	21,157
Total loans held for investment	20,220	21,157
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	19,441	20,109
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	779	1,048
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	7,388	6,381
Total loans held for investment	7,388	6,381
Commercial Real Estate [Member] | Land [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	7,388	6,381
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	48,150	68,314
Total loans held for investment	48,150	68,314
Commercial Real Estate [Member] | Construction [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	46,128	66,683
Commercial Real Estate [Member] | Construction [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	1,631
Commercial Real Estate [Member] | Construction [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	2,022	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	74,827	83,753
Commercial [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	74,627	81,351
Commercial [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	67,411	73,580
Commercial [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	481	0
Commercial [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	6,735	7,771
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	4,071	4,361
Total loans held for investment	5,948	5,557
SBA [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	1,598	2,770
SBA [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	40	34
SBA [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	2,433	1,557
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	6,696	6,756
Total loans held for investment	6,696	6,756
HELOC [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	6,509	6,558
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	187	198
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	11,575	11,261
Total loans held for investment	11,575	11,261
Single Family Real Estate [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	11,570	11,256
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	5	5
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	60	46
Total loans held for investment	60	46
Consumer [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	60	46
Consumer [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
Consumer [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	0	0
Consumer [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Trou

LOANS HELD FOR INVESTMENT, Troubled Debt Restructuring (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2018USD ($)Loan	Jun. 30, 2019USD ($)Loan	Jun. 30, 2018USD ($)Loan	Dec. 31, 2018USD ($)
Troubled Debt Restructured Loans [Abstract]
Number of loans | Loan	5	1	13
Pre-modification recorded investment	$ 447	$ 48	$ 2,828
Post modification recorded investment	447	48	2,828
Balance of loans		13,682		$ 16,749
Effect on allowance for loan losses	$ 26	$ 0	$ 63
Average rate concessions	1.00%	2.00%	0.76%
Average extension	181 months	47 months	147 months
Rate Reduction [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment		$ 48	$ 1,047
Balance of loans	$ 447		447
Term Extension [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment		$ 0	2,828
Balance of loans	$ 447		$ 447
Manufactured Housing [Member]
Troubled Debt Restructured Loans [Abstract]
Number of loans | Loan	5		10
Pre-modification recorded investment	$ 447		$ 1,047
Post modification recorded investment	447		1,047
Effect on allowance for loan losses	26		63
Manufactured Housing [Member] | Rate Reduction [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment			1,047
Balance of loans	447		447
Manufactured Housing [Member] | Term Extension [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment			1,047
Balance of loans	$ 447		$ 447
Commercial [Member]
Troubled Debt Restructured Loans [Abstract]
Number of loans | Loan	0		3
Pre-modification recorded investment	$ 0		$ 1,781
Post modification recorded investment	0		1,781
Effect on allowance for loan losses	0		0
Commercial [Member] | Rate Reduction [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment	0		0
Commercial [Member] | Term Extension [Member]
Troubled Debt Restructured Loans [Abstract]
Post modification recorded investment	$ 0		$ 1,781
SBA [Member]
Troubled Debt Restructured Loans [Abstract]
Number of loans | Loan		1
Pre-modification recorded investment		$ 48
Post modification recorded investment		48
Effect on allowance for loan losses		0
SBA [Member] | Rate Reduction [Member]
Troubled Debt Restructured Loans [Abstract]
Balance of loans		48
SBA [Member] | Term Extension [Member]
Troubled Debt Restructured Loans [Abstract]
Balance of loans		$ 0

LOANS HELD FOR INVESTMENT, Tr_2

LOANS HELD FOR INVESTMENT, Trouble Debt Restructured Loans With Payment Defaults (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)Nonpayment	Jun. 30, 2018USD ($)
LOANS HELD FOR INVESTMENT [Abstract]
Number of consecutive non-payments for a TDR loan to be deemed default | Nonpayment			2
Trouble debt restructurings with payment defaults | $	$ 0	$ 0	$ 0	$ 0

OTHER ASSETS ACQUIRED THROUGH_3

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE [Abstract]
Balance, beginning of period	$ 0	$ 233	$ 0	$ 372
Additions	1,074	73	1,074	174
Proceeds from dispositions	0	(57)	0	(271)
(Loss) gain on sales, net	0	(36)	0	(62)
Balance, end of period	$ 1,074	$ 213	$ 1,074	$ 213

FAIR VALUE MEASUREMENT, Fair Va

FAIR VALUE MEASUREMENT, Fair Value of Assets Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Assets [Abstract]
Investment securities measured at fair value	$ 145	$ 121
Recurring [Member]
Assets [Abstract]
Investment securities measured at fair value	145	121
Investment securities available-for-sale	23,456	24,931
Interest only strips	56	63
Servicing assets	47	49
Total	23,704	25,164
Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets [Abstract]
Investment securities measured at fair value	145	121
Investment securities available-for-sale	0	0
Interest only strips	0	0
Servicing assets	0	0
Total	145	121
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Investment securities measured at fair value	0	0
Investment securities available-for-sale	23,456	24,931
Interest only strips	0	0
Servicing assets	0	0
Total	23,456	24,931
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Investment securities measured at fair value	0	0
Investment securities available-for-sale	0	0
Interest only strips	56	63
Servicing assets	47	49
Total	$ 103	$ 112

FAIR VALUE MEASUREMENT, Assets

FAIR VALUE MEASUREMENT, Assets Measured on Non-recurring Basis (Details) - Non-recurring [Member] - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	$ 3,244	$ 5,592
Loans held for sale	46,122	49,050
Foreclosed real estate and repossessed assets	1,074	0
Total	50,440	54,642
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	3,244	5,592
Loans held for sale	46,122	49,050
Foreclosed real estate and repossessed assets	1,074	0
Total	50,440	54,642
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	Jun. 30, 2019	Dec. 31, 2018
Loans Held for Sale [Abstract]
Loans held-for-sale at carrying value	$ 45,447	$ 48,355
Carrying Amount [Member]
Financial assets [Abstract]
Cash and cash equivalents	57,181	56,915
FRB and FHLB stock	4,087	4,087
Investment securities	30,414	32,353
Loans, net	780,021	759,552
Financial liabilities [Abstract]
Deposits	765,111	716,006
Other borrowings	46,000	75,000
Fair Value [Member]
Financial assets [Abstract]
Cash and cash equivalents	57,181	56,915
FRB and FHLB stock	4,087	4,087
Investment securities	30,561	32,200
Loans, net	778,592	753,223
Financial liabilities [Abstract]
Deposits	766,064	712,900
Other borrowings	46,269	74,930
Fair Value [Member] | Level 1 [Member]
Financial assets [Abstract]
Cash and cash equivalents	57,181	56,915
FRB and FHLB stock	0	0
Investment securities	145	121
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	4,087
Investment securities	30,416	32,079
Loans, net	765,878	735,377
Financial liabilities [Abstract]
Deposits	766,064	712,900
Other borrowings	46,269	74,930
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	12,714	17,846
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	$ 62,600	$ 57,500

OTHER BORROWINGS (Details)

OTHER BORROWINGS (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		6 Months Ended
	Jul. 31, 2019	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018	Jul. 31, 2017
Financial Home Loan Bank Advances [Abstract]
FHLB advances		$ 45		$ 45		$ 70
Letter of credit with FHLB		125		125
Securities pledged to FHLB		30.3		30.3		32.2
Loans pledged to FHLB		317.3		317.3		269.4
Available for additional borrowing		52		52		35.9
Total FHLB interest expense		0.3	$ 0.3	0.6	$ 0.4
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		110.1		110.1		$ 103.8
Line of Credit [Member]
Line of Credit [Abstract]
Outstanding balance		1		$ 1
Term of agreement				1 year
Maximum borrowing capacity							$ 15
Percentage of compensating deposit with the lender				25.00%
Compensating deposit		$ 0.2		$ 0.2
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		6.19%		6.19%
Line of Credit [Member] | Subsequent Event [Member]
Line of Credit [Abstract]
Maximum borrowing capacity	$ 10
Maturity date	Jul. 30, 2022

STOCKHOLDERS' EQUITY, Changes i

STOCKHOLDERS' EQUITY, Changes in Other Comprehensive Income (Loss) by Component (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2019	Jun. 30, 2018
Changes in other comprehensive income (loss) by component, net of tax [Roll Forward]
Balance	$ 76,453	$ 71,711	$ 70,070	$ 76,151	$ 70,070
Net other comprehensive income (loss)	63	(38)		70	(77)
Balance	77,829	73,448	71,711	77,829	73,448
Unrealized Holding Gains (Losses) on AFS [Member]
Changes in other comprehensive income (loss) by component, net of tax [Roll Forward]
Balance	(134)	(73)	25	(141)	25
Other comprehensive income before reclassifications	63	(38)		70	(77)
Amounts reclassified from accumulated other comprehensive income	0	0		0	(59)
Net other comprehensive income (loss)	63	(38)		70	(136)
Balance	$ (71)	$ (111)	(73)	$ (71)	$ (111)
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 (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Feb. 28, 2019
Common Stock [Abstract]
Common stock dividend paid			$ 890	$ 739
Common Stock [Member]
Common Stock [Abstract]
Common stock dividend paid	$ 500	$ 400	$ 900	$ 700
Common Stock [Member] | Stock Repurchase Program [Member]
Common Stock [Abstract]
Amount of common stock repurchase program authorized					$ 4,500
Common stock shares repurchased to date (in shares)	339,966		339,966
Common stock shares repurchased to date, value	$ 3,000		$ 3,000
Common stock shares repurchased to date, average price (in dollars per share)			$ 8.72
Common stock shares repurchased during the period (in shares)			89,760

CAPITAL REQUIREMENT (Details)

CAPITAL REQUIREMENT (Details)	Jun. 30, 2019	Dec. 31, 2018
Regulatory Ratios [Abstract]
Total capital ratio, minimum capital ratios	8.00%	8.00%
Total capital ratio, well-capitalized ratios	10.50%	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	8.50%	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	7.00%	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	10.67%	10.83%
Tier 1 risk-based capital ratio	9.53%	9.68%
Common Equity Tier 1 ratio	9.53%	9.68%
Tier 1 leverage ratio	8.66%	8.57%

REVENUE RECOGNITION (Details)

REVENUE RECOGNITION (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Noninterest Income [Abstract]
Non-interest income (in-scope of Topic 606)	$ 164	$ 146	$ 324	$ 285
Non-interest income (out-of-scope of Topic 606)	528	542	972	1,042
Total non-interest income	692	688	1,296	1,327
Service Charges on Deposit Accounts [Member]
Noninterest Income [Abstract]
Non-interest income (in-scope of Topic 606)	121	94	246	186
Exchange Fees and Other Service Charges [Member]
Noninterest Income [Abstract]
Non-interest income (in-scope of Topic 606)	$ 44	$ 52	$ 78	$ 99

LEASES (Details)

LEASES (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Operating leases [Abstract]
Operating lease, right-of-use assets	$ 6,700
Lease cost [Abstract]
Operating lease cost	583	$ 0
Sublease income	0	0
Total lease cost	583	0
Other information [Abstract]
Cash paid for amounts included in the measurement of lease liabilities	0	0
Operating cash flows from operating leases	$ 571	0
Weighted average remaining lease term - operating leases	9 years 10 months 17 days
Weighted average discount rate - operating leases	3.22%
Future minimum operating lease payments [Abstract]
2019	$ 545	0
2020	1,015	0
2021	884	0
2022	779	0
2023	705	0
Thereafter	4,004	0
Total future minimum lease payments	7,932	0
Less remaining imputed interest	1,175	0
Total lease liabilities	$ 6,757	$ 0
Minimum [Member]
Operating leases [Abstract]
Term of operating leases	2 years
Maximum [Member]
Operating leases [Abstract]
Term of operating leases	10 years