Community West Bancshares (CWBC) 10-K 15 Mar 21 2020 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2020	Mar. 05, 2021	Jun. 30, 2020
Cover [Abstract]
Entity Registrant Name	COMMUNITY WEST BANCSHARES /
Entity Central Index Key	0001051343
Current Fiscal Year End Date	--12-31
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Entity Address, State or Province	CA
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 48,807,474
Entity Common Stock, Shares Outstanding		8,503,063

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Assets:
Cash and due from banks	$ 1,586	$ 2,536
Federal funds sold	1	3
Interest-earning demand in other financial institutions	58,953	80,122
Cash and cash equivalents	60,540	82,661
Investment securities - available-for-sale, at fair value; amortized cost of $17,266 at December 31, 2020 and $19,382 at December 31, 2019	17,308	19,264
Investment securities - held-to-maturity, at amortized cost; fair value of $4,854 at December 31, 2020 and $6,302 at December 31, 2019	4,586	6,132
Investment securities - measured at fair value	149	167
Federal Home Loan Bank stock, at cost	3,260	2,714
Federal Reserve Bank stock, at cost	1,373	1,373
Loans:
Held for sale, at lower of cost or fair value	31,229	42,046
Held for investment, net of allowance for loan losses of $10,194 at December 31, 2020 and $8,717 at December 31, 2019	816,154	724,800
Total loans	847,383	766,846
Other assets acquired through foreclosure, net	2,614	2,524
Premises and equipment, net	7,154	7,655
Other assets	31,068	24,534
Total assets	975,435	913,870
Deposits:
Non-interest-bearing demand	181,837	110,843
Interest-bearing demand	398,101	314,278
Savings	18,736	15,689
Certificates of deposit ($250,000 or more)	30,536	96,431
Other certificates of deposit	136,975	213,693
Total deposits	766,185	750,934
Other borrowings	105,000	65,000
Other liabilities	15,243	15,958
Total liabilities	886,428	831,892
Stockholders equity:
Common stock - no par value, 60,000,000 shares authorized; 8,473,063 shares issued and outstanding at December 31, 2020 and 8,472,463 at December 31, 2019	42,909	42,586
Retained earnings	46,063	39,470
Accumulated other comprehensive income (loss)	35	(78)
Total stockholders' equity	89,007	81,978
Total liabilities and stockholders' equity	$ 975,435	$ 913,870

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Assets:
Investment securities available-for-sale, amortized cost	$ 17,266	$ 19,382
Investment securities held-to-maturity, fair value	4,854	6,302
Loans:
Held for investment, allowance for loan losses	$ 10,194	$ 8,717
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)	8,473,063	8,472,463
Common stock, shares outstanding (in shares)	8,473,063	8,472,463

CONSOLIDATED INCOME STATEMENTS

CONSOLIDATED INCOME STATEMENTS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Interest income:
Loans, including fees	$ 42,948	$ 43,890	$ 40,865
Investment securities and other	906	1,849	1,766
Total interest income	43,854	45,739	42,631
Interest expense:
Deposits	5,483	10,055	7,702
Other borrowings	1,782	1,327	1,286
Total interest expense	7,265	11,382	8,988
Net interest income (expense)	36,589	34,357	33,643
Provision (credit) for loan losses	1,223	(165)	14
Net interest income after provision for loan losses	35,366	34,522	33,629
Non-interest income:
Other loan fees	1,546	1,383	1,208
Gains from loan sales, net	920	765	0
Document processing fees	513	423	489
Service charges	354	567	459
Other	579	469	472
Total non-interest income	3,912	3,607	2,628
Non-interest expenses:
Salaries and employee benefits	17,968	17,094	16,329
Occupancy, net	3,036	3,088	3,132
Professional services	1,801	1,679	1,356
Advertising and marketing	673	774	685
Data processing	1,055	876	852
Depreciation	821	864	764
FDIC assessment	565	427	770
Stock based compensation	319	382	478
Other	1,285	1,571	1,673
Total non-interest expenses	27,523	26,755	26,039
Income before income tax (benefit) expense	11,755	11,374	10,218
Provision for income taxes	3,510	3,411	2,809
Net income	$ 8,245	$ 7,963	$ 7,409
Earnings per share:
Basic (in dollars per share)	$ 0.97	$ 0.94	$ 0.89
Diluted (in dollars per share)	$ 0.97	$ 0.93	$ 0.88
Weighted average number of common shares outstanding:
Basic (in shares)	8,473	8,470	8,288
Diluted (in shares)	8,543	8,579	8,451
Dividends declared per common share (in dollars per share)	$ 0.195	$ 0.215	$ 0.190

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]
Net income	$ 8,245	$ 7,963	$ 7,409
Other comprehensive income (loss), net:
Unrealized income (loss) on securities available-for-sale (AFS), net (tax effect of ($47), ($44), $70 for each respective period presented)	113	63	(107)
Net other comprehensive income (loss)	113	63	(107)
Comprehensive income	$ 8,358	$ 8,026	$ 7,302

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Other comprehensive income (loss), net:
Unrealized income (loss) on securities available-for-sale (AFS), tax effect	$ (47)	$ (44)	$ 70

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Retained Earnings [Member]	Total	Cumulative Effect, Period of Adoption, Adjustment [Member]Common Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Accumulated Other Comprehensive Income (Loss) [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Retained Earnings [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance at Dec. 31, 2017	$ 42,604	$ 25	$ 27,441	$ 70,070
Balance (ASU 2016-01 and ASU 2018-02 [Member]) at Dec. 31, 2017					$ 0	$ (59)	$ 59	$ 0
Balances (in shares) at Dec. 31, 2017	8,193,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	7,409	7,409
Exercise of stock options	$ 551	0	0	551
Exercise of stock options (in shares)	102,000
Stock based compensation	$ 478	0	0	478
Stock based compensation (in shares)	0
Common stock repurchase	$ (669)	0	0	(669)
Common stock repurchase (in shares)	(63,000)
Dividends on common stock	$ 0	0	(1,581)	(1,581)
Dividends on common stock (in shares)	0
Other comprehensive income (loss), net	$ 0	(107)	0	(107)
Conversion of common stock warrants	$ 0	0	0	0
Conversion of common stock warrants (in shares)	301,000
Balance at Dec. 31, 2018	$ 42,964	(141)	33,328	76,151
Balances (in shares) at Dec. 31, 2018	8,533,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	7,963	7,963
Exercise of stock options	$ 270	0	0	270
Exercise of stock options (in shares)	39,000
Stock based compensation	$ 382	0	0	382
Stock based compensation (in shares)	0
Common stock repurchase	$ (1,030)	0	0	(1,030)
Common stock repurchase (in shares)	(100,000)
Dividends on common stock	$ 0	0	(1,821)	(1,821)
Dividends on common stock (in shares)	0
Other comprehensive income (loss), net	$ 0	63	0	63
Balance at Dec. 31, 2019	$ 42,586	(78)	39,470	$ 81,978
Balances (in shares) at Dec. 31, 2019	8,472,000			8,472,463
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	8,245	$ 8,245
Exercise of stock options	$ 4	0	0	4
Exercise of stock options (in shares)	1,000
Stock based compensation	$ 319	0	0	319
Stock based compensation (in shares)	0
Dividends on common stock	$ 0	0	(1,652)	(1,652)
Dividends on common stock (in shares)	0
Other comprehensive income (loss), net	$ 0	113	0	113
Balance at Dec. 31, 2020	$ 42,909	$ 35	$ 46,063	$ 89,007
Balances (in shares) at Dec. 31, 2020	8,473,000			8,473,063

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities:
Net income	$ 8,245	$ 7,963	$ 7,409
Adjustments to reconcile net income to cash provided by operating activities:
Provision (credit) for loan losses	1,223	(165)	14
Depreciation	821	864	764
Stock based compensation	319	382	478
Deferred income taxes	(959)	(328)	(529)
Net amortization of discounts and premiums for investment securities	82	107	100
(Gains) Losses on:
Sale of repossessed assets, net	0	33	62
Sale of loans, net	(920)	(765)	0
Sale of assets, net	18	7	0
Loans originated for sale and principal collections, net	10,817	6,309	6,739
Changes in:
Other assets	(2,787)	1,641	(2,210)
Other liabilities	(401)	(1,366)	3,416
Servicing assets, net	(615)	(745)	78
Net cash provided by (used in) operating activities	15,843	13,937	16,321
Cash flows from investing activities:
Principal pay downs and maturities of available-for-sale securities	5,069	5,686	3,436
Purchase of available-for-sale securities	(3,000)	0	0
Principal pay downs and maturities of held-to-maturity securities	1,511	1,151	1,040
Purchases of held-to-maturity securities	0	0	(794)
Loan originations and principal collections, net	(91,763)	(16,074)	(40,290)
Purchase of bank owned life insurance	(2,500)	0	0
Purchase of restricted stock, net	(546)	0	(367)
Purchase of premises and equipment, net	(338)	(2,145)	(1,564)
Proceeds from sale of other real estate owned and repossessed assets, net	0	844	484
Net cash provided by (used in) investing activities	(91,567)	(10,538)	(38,055)
Cash flows from financing activities:
Net increase in deposits	15,251	34,928	16,322
Net increase (decrease) in borrowings	40,000	(10,000)	18,157
Exercise of stock options	4	270	551
Cash dividends paid on common stock	(1,652)	(1,821)	(1,581)
Common stock repurchase	0	(1,030)	(669)
Net cash provided by financing activities	53,603	22,347	32,780
Net (decrease) increase in cash and cash equivalents	(22,121)	25,746	11,046
Cash and cash equivalents at beginning of year	82,661	56,915	45,869
Cash and cash equivalents at end of year	60,540	82,661	56,915
Cash paid during the period for:
Interest	8,050	11,675	8,321
Income taxes	2,350	2,526	3,360
Non-cash investing and financing activity:
Transfers to other assets acquired through foreclosure, net	106	3,401	174
Operating lease right-of-use asset	487	7,190	0
Operating lease liability	$ 487	$ 6,316	$ 0

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2020
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”). These entities are collectively referred to herein 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 fair value of investment securities available for sale. Although Management believes these estimates to be reasonable, actual amounts may differ. In the opinion of Management, all adjustments considered necessary have been reflected in the financial statements during their preparation. Reclassifications Certain amounts in the consolidated financial statements as of and for the years ended December 31, 2019 and 2018 have been reclassified to conform to the current presentation. The reclassifications have no effect on net income or stockholders’ equity as previously reported. Business Segments Reportable business segments are determined using the “management approach” and are intended to present reportable segments consistent with how the chief operating decision maker organizes segments within the company for making operating decisions and assessing performance. As of December 31, 2020, 2019 and 2018, the Company had only one reportable business segment. COVID-19 pandemic The COVID-19 pandemic, first identified in the United States during the first quarter of 2020, has had significant adverse effects on the economy in the United States, generally, and in our service area, in particular. The assistance the government supported programs under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), including the Paycheck Protection Program (PPP), have provided have lessened the disruptive effects of the COVID-19 pandemic. CWB has actively worked to assist customers in applying for and receiving assistance through the PPP, and CWB has implemented a distinct COVID-19 relief program of payment deferrals, fee waivers and suspension of residential property foreclosures. While the origination fees recognized by CWB in providing these loans have been beneficial to CWB and, in turn CWBC, the full impact of the COVID-19 pandemic is not known at this time and the extent to which the COVID-19 pandemic will continue to negatively affect our customers and our business will depend on future developments, which are highly uncertain. These include the scope and duration of the pandemic, the effectiveness of vaccines and other therapies in treating and preventing the disease, the financial impact of the pandemic on our employees, customers, vendors, and services area, and what further actions the Federal and state governments and other third parties may take in response to the pandemic. The customers in our service area have experienced increased unemployment, business closures, and slowdowns, especially in the restaurant, hospitality, and recreation industries. All of this may lead to increased credit ratings downgrades, loan delinquencies, defaults, reductions in asset values, and foreclosures any of which could have an adverse effect on our business, financial condition, and results of operations. Cash and Cash Equivalents For purposes of reporting cash flows, cash and cash equivalents include cash on hand, amounts due from banks (including cash items in process of clearing), and federal funds sold. Cash flows from loans originated by the Company and deposits are reported net. The Company maintains amounts due from banks, which at times may exceed federally insured limits. The Company has not experienced any losses in such accounts. Cash Reserve Requirement Depository institutions are required by law to maintain reserves against their transaction deposits. The reserves must be held in cash or with the Federal Reserve Bank (“FRB”). The amount of the reserve varies by bank as the bank is permitted to meet this requirement by maintaining the specified amount as an average balance over a two-week period. The Federal Reserve reduced the reserve requirement ratio to zero percent across all deposit tiers as of March 26, 2020 to aid institutions impacted by COVID-19. Investment Securities Investment securities may be classified as held-to-maturity (“HTM”), available-for-sale (“AFS”) or trading. The appropriate classification is initially decided at the time of purchase. Securities classified as held-to-maturity are those debt securities the Company has both the intent and ability to hold to maturity regardless of changes in market conditions, liquidity needs or general economic conditions. These securities are carried at amortized cost. The sale of a security within three months of its maturity date or after the majority of the principal outstanding has been collected is considered a maturity for purposes of classification and disclosure. Securities classified as AFS or trading are reported as an asset on the Consolidated Balance Sheets at their estimated fair value. As the fair value of AFS securities changes, the changes are reported net of income tax as an element of other comprehensive income (“OCI”), except for impaired securities. When AFS securities are sold, the unrealized gain or loss is reclassified from OCI to non-interest income. The changes in the fair values of trading securities are reported in non-interest income. Securities classified as AFS are debt securities the Company intends to hold for an indefinite period of time, but not necessarily to maturity. Any decision to sell a security classified as AFS would be based on various factors, including significant movements in interest rates, changes in the maturity mix of the Company’s assets and liabilities, liquidity needs, decline in credit quality, and regulatory capital considerations. The Company has its Federal Agricultular Mortgage Corporation (AGM) Stock securities classified as measured at fair value. The fair value changes are adjusted through non-interest income monthly. Interest income is recognized based on the coupon rate and increased by accretion of discounts earned or decreased by the amortization of premiums paid over the contractual life of the security using the interest method. For mortgage-backed securities, estimates of prepayments are considered in the constant yield calculations. In estimating whether there are any other than temporary impairment losses, management considers 1) the length of time and the extent to which the fair value has been less than amortized cost, 2) the financial condition and near term prospects of the issuer, 3) the impact of changes in market interest rates, and 4) the intent and ability of the Company to retain its investment for a period of time sufficient to allow for any anticipated recovery in fair value and it is not more likely than not the Company would be required to sell the security. For individual debt securities where the Company does not intend to sell the security and it is not more likely than not that the Company will be required to sell the security before recovery of its amortized cost basis, the other than temporary decline in fair value of the debt security related to 1) credit loss is recognized in earnings, and 2) market or other factors is recognized in other comprehensive income or loss. Credit loss is recorded if the present value of cash flows is less than amortized cost. The fair value of the debt security then becomes the new cost basis. For individual debt securities where the Company intends to sell the security or more likely than not will not recover all of its amortized cost, the other than temporary impairment is recognized in earnings equal to the entire difference between the securities cost basis and its fair value at the balance sheet date. For individual debt securities for which a credit loss has been recognized in earnings, interest accruals and amortization and accretion of premiums and discounts are suspended when the credit loss is recognized. Interest received after accruals have been suspended is recognized on a cash basis. Federal Home Loan Bank (“FHLB”) and Federal Reserve Bank (“FRB”) Stock The Company’s subsidiary bank is a member of the Federal Home Loan Bank (“FHLB”) system and maintains an investment in capital stock of the FHLB. The bank also maintains an investment in FRB stock. These investments are considered equity securities with no actively traded market. These investments are carried at cost, which is equal to the value at which they may be redeemed. The dividend income received from the stock is reported in interest income. We conduct a periodic review and evaluation of our FHLB stock to determine if any impairment exists. No impairment existed in the years ended December 31, 2020 or 2019. Servicing Assets The guaranteed portion of certain Small Business Administration (“SBA”) loans can be sold into the secondary market. Servicing assets are recognized as separate assets when loans are sold with servicing retained. Servicing assets are amortized in proportion to, and over the period of, estimated future net servicing income. The Company uses industry prepayment statistics and its own prepayment experience in estimating the expected life of the loans. Management evaluates its servicing assets for impairment quarterly. Servicing assets are evaluated for impairment based upon the fair value of the rights as compared to amortized cost. Fair value is determined using discounted future cash flows calculated on a loan-by-loan basis and aggregated by predominate risk characteristics. The initial servicing asset and resulting gain on sale for SBA loan sales are calculated based on the difference between the best actual par and premium bids on an individual loan basis. SBA servicing assets measured at fair value were $43,000 and $40,000 for the years ended 2020 and 2019, respectively. Changes in the fair values are recorded in other non-interest income in the income statement. SBA servicing assets measured under the amortization method were $27,000 and $41,000 for the years ended 2020 and 2019, respectively. Amortization expenses are included in other non-interest income in the income statement. CWB is an approved Federal Agricultural Mortgage Corporation ("Farmer Mac") seller/servicer. Servicing assets/liabilities are recognized as separate assets/liabilities as certain servicing requirements are retained. Servicing assets are amortized over the period of, estimated net servicing income. CWB uses Farmer Mac prepayment statistics in estimating the expected life of the loans. Management evaluates its servicing assets for impairment quarterly. Servicing assets are evaluated periodically for impairment based on the fair value of the rights as compared to amortized cost. Fair value is determined using discounted future cash flows calculated on a loan-by-loan basis. The initial servicing asset and resulting gain or calculated based on the contractual net servicing fees. Farmer Mac servicing assets are valued based on the net servicing fee, estimated life of seven years, and discounted by the respective US Treasury 7-year rate at time of sale. Farmer Mac servicing assets measured under the amortization method were $1.4 million and $765,000 for the years ended 2020 and 2019, respectively. Year Ended December 31, SBA servicing assets measured at fair value 2020 2019 (in thousands) Balance, beginning 40 49 New servicing assets - - Amortization, net - - Valuation adjustment 3 (9 ) Balance, ending 43 40 Year Ended December 31, SBA servicing assets measured under the amortization method 2020 2019 (in thousands) Balance, beginning 41 52 New servicing assets - - Amortization, net (14 ) (11 ) Valuation adjustment - - Balance, ending 27 41 Total SBA servicing assets, net 70 81 Year Ended December 31, Farmer Mac servicing assets measured under the amortization method 2020 2019 (in thousands) Balance, beginning 765 765 New servicing assets 920 - Amortization, net (294 ) - Valuation adjustment - - Total Farmer Mac servicing asset, net 1,391 765 Total servicing assets, net 1,461 846 Loans Held For Sale Loans which are originated and intended for sale in the secondary market are carried at the lower of cost or estimated fair value determined on an aggregate basis. Valuation adjustments, if any are recognized through a valuation allowance by charges to lower of cost or fair value provision. Loans held for sale are mostly comprised of SBA and commercial agriculture. The Company did not incur any lower of cost or fair value provision in the years ended December 31, 2020, 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 though 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”): Guidance on Non-TDR Loan Modifications due to COVID-19 On March 22, 2020, a statement was issued by banking regulators and titled “Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus” that encourages financial institutions to work prudently with borrowers who are or may be unable to meet their contractual payment obligations due to the effects of COVID-19. Additionally, Section 4013 of the Coronavirus Aid, Relief and Economic Security Act (CARES Act) that passed on March 27, 2020 further provides that a qualified loan modification is exempt by law from classification as a TDR as defined by GAAP, from the period beginning March 1, 2020 until the earlier of January 1, 2022 ( the extension of the expiration date was passed as part of the Bipartisan-Bicameral Omnibus COVID Relief Deal on December 21, 2020) or the date that is 60 days after the date on which the national emergency concerning the COVID-19 outbreak declared by the President of the United States under the National Emergencies Act (50 U.S.C. 1601 et seq.) terminates. Accordingly, we are offering short-term modifications made in response to COVID-19 to borrowers who are current and otherwise not past due. These include short-term, 180 days or less, modifications in the form of payment deferrals, fee waivers, extension of repayment terms, or other delays in payment that are insignificant. As of December 31, 2020, the outstanding balance of these deferred loans was $5.1 million, or 0.6% of the Bank’s total loan portfolio. 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. Migration analysis is utilized for the Commercial Real Estate (“CRE”), Commercial, Commercial Agriculture, Small Business Administration (“SBA”), Home Equity Line of Credit (“HELOC”), Single Family Residential, and Consumer portfolios. The historical loss rate method is utilized primarily for the Manufactured Housing portfolio. The migration analysis considers 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 at a ratio of 115% 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 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 and adjusted as deemed necessary. The review of the appropriateness of the allowance takes into consideration such factors as concentrations of credit, changes in the growth, size, and composition of the loan portfolio, overall and individual portfolio quality, review of specific problem loans, collateral, guarantees and economic and environmental conditions that may affect the borrowers' ability to pay and/or the value of the underlying collateral. Additional factors considered include geographic location of borrowers, changes in the Company’s product-specific credit policy and lending staff experience. These estimates depend on the outcome of future events and, therefore, contain inherent uncertainties. Another component of the ALL considers qualitative factors related to non-impaired loans. The qualitative portion of the allowance on each of the loan pools is based on changes in any of the following factors: • Concentrations of credit • International risk • Trends in volume, maturity, and composition of loans • Volume and trend in delinquency, nonaccrual, and classified assets • Economic conditions • Geographic distance • Policy and procedures or underwriting standards • Staff experience and ability • Value of underlying collateral • Competition, legal, or regulatory environment • 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 and utilization rates to its off-balance sheet obligations in determining an estimate of losses inherent in these contractual obligations. The estimate for loan losses on off-balance sheet instruments is included within other liabilities and the charge to income that establishes this liability is included in non-interest expense. Premises and Equipment Premises and equipment are stated at cost, less accumulated depreciation, and amortization. Depreciation is computed using the straight-line method over the estimated useful lives of the assets. Leasehold improvements are amortized over the terms of the leases or the estimated useful lives of the improvements, whichever is shorter. Generally, the estimated useful lives of other items of premises and equipment are as follows: Years Building and improvements 31.5 Furniture and equipment 5 – 10 Electronic equipment and software 3 – 5 Leases At inception, contracts are evaluated to determine whether the contract constitutes a lease agreement. For contracts that are determined to be an operating lease, a corresponding Right of Use ("ROU") asset and operating lease liability are recorded in separate line items on the Consolidated Balance Sheet. ROU assets represent the Company's right to use an underlying asset during the lease term and a lease liability represents the Company's commitment to make contractually obligated lease payments. Operating lease ROU assets and liabilities are recognized at the commencement date of the lease and are based on the present value of lease payments over the lease term. The measurement of the operating lease ROU asset includes any lease payments made and is reduced by lease incentive that are paid or are payable to the Company. Variable lease payments that depend on an index are included in lease payments based on the rate in effect at the commencement date of the lease. Lease payments are recognized on a straight-line basis as part of occupancy expense over the lease term. As the rate implicit in the lease is not readily determinable, the Company's incremental borrowing rate is used to determine the present value of lease payments. This rate considers the applicable FHLB collateralized borrowing rates and is based on the information available at the commencement date. The Company has elected to apply the short-term lease measurement and recognition exemption to leases with an initial term of 12 months or less, therefore, these leases are not recorded on the Company's Balance Sheet. Lease expense of these leases is recognized over the lease term on a straight-line basis. The Company's lease agreements may include options to extend or terminate the lease. These options are included in the lease term when it is reasonably certain that the option will be exercised. In addition to the package of practical expedients, the Company also elected the practical expedient that allows lessees to make an accounting policy election to not separate non-lease components from the associated lease component, and instead account for them all together as part of the applicable lease component. The majority of the Company's non-lease components, such as common area maintenance and taxes, are variable and expensed as incurred. Variable payment amounts are determined in arrears by the landlord depending on actual costs incurred. See ''Note 14. Leases" of these Notes to Consolidated Financial Statements for further disclosures required under the standard. 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 net of deferred tax liabilities 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 Com

INVESTMENT SECURITIES

INVESTMENT SECURITIES	12 Months Ended
	Dec. 31, 2020
INVESTMENT SECURITIES [Abstract]
INVESTMENT SECURITIES	2. INVESTMENT SECURITIES The amortized cost and estimated fair value of investment securities are as follows: December 31, 2020 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 6,501 $ 1 $ (30 ) $ 6,472 U.S. government agency collateralized mortgage obligations ("CMO") 7,765 33 (13 ) 7,785 Other securities 3,000 53 (2 ) 3,051 Total $ 17,266 $ 87 $ (45 ) $ 17,308 Securities held-to-maturity U.S. government agency mortgage-backed securities ("MBS") $ 4,586 $ 269 $ (1 ) $ 4,854 Total $ 4,586 $ 269 $ (1 ) $ 4,854 Securities measured at fair value Equity securities: Farmer Mac class A stock $ 66 $ 83 $ — $ 149 Total $ 66 $ 83 $ — $ 149 December 31, 2019 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 8,112 $ — $ (64 ) $ 8,048 U.S. government agency collateralized mortgage obligations ("CMO") 11,270 23 (77 ) 11,216 Total 19,382 23 (141 ) 19,264 Securities held-to-maturity U.S. government agency mortgage-backed securities ("MBS") $ 6,132 $ 189 $ (19 ) $ 6,302 Total $ 6,132 $ 189 $ (19 ) $ 6,302 Securities measured at fair value Equity securities: Farmer Mac class A stock $ 66 $ 101 $ — $ 167 Total $ 66 $ 101 $ — $ 167 At December 31, 2020 and 2019, $18.9 million and $25.6 million of securities at carrying value, respectively, were pledged to the Federal Home Loan Bank (“FHLB”), as collateral for current and future advances. The Company had no investment security sales in 2020 or 2019. The maturity periods and weighted average yields of investment securities at December 31, 2020 and 2019 were as follows: December 31, 2020 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 $ — — $ 784 0.6 % $ 5,688 1.7 % $ — — $ 6,472 1.2 % U.S. government agency CMO 820 1.7 % 5,832 0.6 % 1,133 0.8 % — — 7,785 2.3 % Other securities — — 3,051 4.8 % — 0.0 % — — 3,051 4.8 % Total $ 820 1.7 % $ 9,667 1.9 % $ 6,821 1.5 % $ — — $ 17,308 1.6 % Securities held-to-maturity U.S. government agency MBS $ — — $ 3,821 2.8 % $ 765 3.6 % $ — — $ 4,586 2.9 % Total $ — — $ 3,821 2.8 % $ 765 3.6 % $ — — $ 4,586 2.9 % Securities measured at fair value Farmer Mac class A stock — — — — — — — — 149 — Total — — — — — — — — 149 — December 31, 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 $ — — $ 1,094 2.3 % $ 6,955 2.8 % $ — — $ 8,049 2.8 % U.S. government agency CMO — — 3,766 2.1 % 6,120 2.3 % 1,329 2.4 % 11,215 2.3 % Total $ — — $ 4,860 2.2 % $ 13,075 2.6 % $ 1,329 2.4 % $ 19,264 2.5 % Securities held-to-maturity U.S. government agency MBS $ — — $ 2,465 4.2 % $ 2,887 2.9 % $ 780 3.6 % $ 6,132 3.5 % Total $ — — $ 2,465 4.2 % $ 2,887 2.9 % $ 780 3.6 % $ 6,132 3.5 % Securities measured at fair value Farmer Mac class A stock — — — — — — — — 167 — Total — — — — — — — — 167 — The amortized cost and fair value of investment securities by contractual maturities as of the periods presented were as shown below: December 31, 2020 2019 Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Securities available for sale (in thousands) Due in one year or less $ 817 $ 820 $ — $ — After one year through five years 9,594 9,667 4,884 4,860 After five years through ten years 6,855 6,821 13,121 13,075 After ten years — — 1,377 1,329 Farmer Mac class A stock — — — — Total $ 17,266 $ 17,308 $ 19,382 $ 19,264 Securities held to maturity Due in one year or less $ — $ — $ — $ — After one year through five years 3,821 3,965 2,465 2,565 After five years through ten years 765 889 2,887 2,892 After ten years — — 780 845 Total $ 4,586 $ 4,854 $ 6,132 $ 6,302 Securities measured at fair value Farmer Mac class A stock $ 66 $ 149 $ 66 $ 167 Total $ 66 $ 149 $ 66 $ 167 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: December 31, 2020 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 $ — $ — $ 7 $ 784 $ 7 $ 784 U.S. government agency CMO — — 36 6,021 36 6,021 Other securities 2 1,498 — — 2 1,498 Total $ 2 $ 1,498 $ 43 $ 6,805 $ 45 $ 8,303 Securities held-to-maturity U.S. Government-agency MBS $ 1 $ 185 $ — $ — $ 1 $ 185 Total $ 1 $ 185 $ — $ — $ 1 $ 185 Securities measured at fair value Equity securities: Farmer Mac class A stock $ — $ — $ — $ — $ — $ — Total $ — $ — $ — $ — $ — $ — December 31, 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 $ 3 $ 1,126 $ 61 $ 6,922 $ 64 $ 8,048 U.S. government agency CMO 25 5,275 52 2,264 77 7,539 Total $ 28 $ 6,401 $ 113 $ 9,186 $ 141 $ 15,587 Securities held-to-maturity U.S. Government-agency MBS $ — $ — $ 19 $ 2,139 $ 19 $ 2,139 Total $ — $ — $ 19 $ 2,139 $ 19 $ 2,139 Securities measured at fair value Equity securities: Farmer Mac class A stock $ — $ — $ — $ — $ — $ — Total $ — $ — $ — $ — $ — $ — As of December 31, 2020 and 2019, there were 13 and 20 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 December 31, 2020 and 2019, 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	12 Months Ended
	Dec. 31, 2020
LOANS HELD FOR SALE [Abstract]
LOANS HELD FOR SALE	3. LOANS HELD FOR SALE SBA and Agriculture Loans As of December 31, 2020 and 2019, the Company had approximately $8.3 million and $13.6 million, respectively, of SBA loans included in loans held for sale. As of December 31, 2020 and 2019, the principal balance of SBA loans serviced for others was $4.0 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 December 31, 2020 and 2019, the Company had $22.9 million and $34.8 million of USDA loans included in loans held for sale, respectively. As of December 31, 2020 and 2019, the principal balance of USDA loans serviced for others was $1.9 million and $2.0 million, respectively.

LOANS HELD FOR INVESTMENT

LOANS HELD FOR INVESTMENT	12 Months Ended
	Dec. 31, 2020
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: December 31, 2020 2019 (in thousands) Manufactured housing $ 280,284 $ 257,247 Commercial real estate 402,148 385,642 Commercial 57,933 69,843 SBA (1) 73,131 4,429 HELOC 3,861 4,531 Single family real estate 10,490 11,845 Consumer 133 94 827,980 733,631 Allowance for loan losses (10,194 ) (8,717 ) Deferred fees, net (1,583 ) (58 ) Discount on SBA loans (49 ) (56 ) Total loans held for investment, net $ 816,154 $ 724,800 (1) As of December 31, 2020, the SBA loan portfolio included $69.5 million of SBA PPP loans. The following tables present the contractual aging of the recorded investment in past due held for investment loans by class of loans: December 31, 2020 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 $ 277,873 $ 1,716 $ 81 $ — $ 1,797 $ 614 $ 280,284 $ — Commercial real estate: Commercial real estate 360,345 — — — — — 360,345 — SBA 504 1st trust deed 16,423 — — — — 1,469 17,892 — Land 6,528 — — — — — 6,528 — Construction 17,383 — — — — — 17,383 — Commercial 56,451 92 — — 92 1,390 57,933 — SBA 72,856 — — — — 275 73,131 — HELOC 3,861 — — — — — 3,861 — Single family real estate 10,366 — — — — 124 10,490 — Consumer 133 — — — — — 133 — Total $ 822,219 $ 1,808 $ 81 $ — $ 1,889 $ 3,872 $ 827,980 $ — December 31, 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 $ 256,251 $ 156 $ 246 $ — $ 402 $ 594 $ 257,247 $ — Commercial real estate: Commercial real estate 327,255 — — — — 84 327,339 — SBA 504 1st trust deed 17,151 1,401 — — 1,401 — 18,552 — Land 4,457 — — — — — 4,457 — Construction 35,294 — — — — — 35,294 — Commercial 68,224 — — — — 1,619 69,843 — SBA 3,935 112 — — 112 382 4,429 — HELOC 4,531 — — — — — 4,531 — Single family real estate 11,813 32 — — 32 — 11,845 — Consumer 94 — — — — — 94 — Total $ 729,005 $ 1,701 $ 246 $ — $ 1,947 $ 2,679 $ 733,631 $ — Allowance for Loan Losses The following table summarizes the changes in the allowance for loan losses: December 31, 2020 2019 2018 (in thousands) Beginning balance $ 8,717 $ 8,691 $ 8,420 Charge-offs - (31 ) (133 ) Recoveries 254 222 390 Net recoveries 254 191 257 Provision (credit) 1,223 (165 ) 14 Ending balance $ 10,194 $ 8,717 $ 8,691 As of December 31, 2020 and 2019, the Company had reserves for credit losses on undisbursed loans of $92,000 and $85,000 which were included in Other liabilities. The following tables summarize the changes in the allowance for loan losses by portfolio type: For the Year Ended December 31, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2020 (in thousands) Beginning balance $ 2,184 $ 5,217 $ 1,162 $ 32 $ 27 $ 92 $ 3 $ 8,717 Charge-offs — — — — — — — — Recoveries 27 80 133 7 6 1 — 254 Net recoveries 27 80 133 7 6 1 — 254 Provision (credit) 401 653 84 79 (8 ) 15 (1 ) 1,223 Ending balance $ 2,612 $ 5,950 $ 1,379 $ 118 $ 25 $ 108 $ 2 $ 10,194 2019 Beginning balance $ 2,196 $ 5,028 $ 1,210 $ 79 $ 90 $ 88 $ — $ 8,691 Charge-offs — — (31 ) — — — — (31 ) Recoveries 54 52 60 50 5 1 — 222 Net recoveries 54 52 29 50 5 1 — 191 Provision (credit) (66 ) 137 (77 ) (97 ) (68 ) 3 3 (165 ) Ending balance $ 2,184 $ 5,217 $ 1,162 $ 32 $ 27 $ 92 $ 3 $ 8,717 2018 Beginning balance $ 2,180 $ 4,844 $ 1,133 $ 73 $ 92 $ 98 $ — $ 8,420 Charge-offs (6 ) — (127 ) — — — — (133 ) Recoveries 120 15 66 133 55 1 — 390 Net (charge-offs) recoveries 114 15 (61 ) 133 55 1 — 257 Provision (credit) (98 ) 169 138 (127 ) (57 ) (11 ) — 14 Ending balance $ 2,196 $ 5,028 $ 1,210 $ 79 $ 90 $ 88 $ — $ 8,691 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 December 31, 2020: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 4,402 $ 230 $ — $ — $ — $ 449 $ — $ 5,081 Impaired loans with no allowance recorded 2,294 1,468 1,504 292 — 1,860 — 7,418 Total loans individually evaluated for impairment 6,696 1,698 1,504 292 — 2,309 — 12,499 Loans collectively evaluated for impairment 273,588 400,450 56,429 72,839 3,861 8,181 133 815,481 Total loans held for investment $ 280,284 $ 402,148 $ 57,933 $ 73,131 $ 3,861 $ 10,490 $ 133 $ 827,980 Unpaid Principal Balance Impaired loans with an allowance recorded $ 4,402 $ 230 $ — $ — $ — $ 449 $ — $ 5,081 Impaired loans with no allowance recorded 3,066 1,474 1,844 946 — 1,860 — 9,190 Total loans individually evaluated for impairment 7,468 1,704 1,844 946 — 2,309 — 14,271 Loans collectively evaluated for impairment 273,588 400,450 56,429 72,839 3,861 8,181 133 815,481 Total loans held for investment $ 281,056 $ 402,154 $ 58,273 $ 73,785 $ 3,861 $ 10,490 $ 133 $ 829,752 Related Allowance for Loan Losses Impaired loans with an allowance recorded $ 279 $ 16 $ — $ — $ — $ 16 $ — $ 311 Impaired loans with no allowance recorded — — — — — — — — Total loans individually evaluated for impairment 279 16 — — — 16 — 311 Loans collectively evaluated for impairment 2,333 5,934 1,379 118 25 92 2 9,883 Total loans held for investment $ 2,612 $ 5,950 $ 1,379 $ 118 $ 25 $ 108 $ 2 $ 10,194 Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total Loans Loans Held for Investment as of December 31, 2019: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 5,702 $ — $ — $ — $ — $ 470 $ — $ 6,172 Impaired loans with no allowance recorded 2,296 318 1,802 382 — 1,858 — 6,656 Total loans individually evaluated for impairment 7,998 318 1,802 382 — 2,328 — 12,828 Loans collectively evaluated for impairment 249,249 385,324 68,041 4,047 4,531 9,517 94 720,803 Total loans held for investment $ 257,247 $ 385,642 $ 69,843 $ 4,429 $ 4,531 $ 11,845 $ 94 $ 733,631 Unpaid Principal Balance Impaired loans with an allowance recorded $ 5,702 $ — $ — $ — $ — $ 470 $ — $ 6,172 Impaired loans with no allowance recorded 3,134 384 2,156 736 — 1,858 — 8,268 Total loans individually evaluated for impairment 8,836 384 2,156 736 — 2,328 — 14,440 Loans collectively evaluated for impairment 249,249 385,324 68,041 4,047 4,531 9,517 94 720,803 Total loans held for investment $ 258,085 $ 385,708 $ 70,197 $ 4,783 $ 4,531 $ 11,845 $ 94 $ 735,243 Related Allowance for Loan Losses Impaired loans with an allowance recorded $ 334 $ — $ — $ — $ — $ 18 $ — $ 352 Impaired loans with no allowance recorded — — — — — — — — Total loans individually evaluated for impairment 334 — — — — 18 — 352 Loans collectively evaluated for impairment 1,850 5,217 1,162 32 27 74 3 8,365 Total loans held for investment $ 2,184 $ 5,217 $ 1,162 $ 32 $ 27 $ 92 $ 3 $ 8,717 Included in impaired loans are $0.7 million and $0.6 million of loans guaranteed by government agencies at December 31, 2020 and 2019, 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 above 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 December 31, 2020 and 2019. The following table presents impaired loans by class: December 31, 2020 2019 (in thousands) Manufactured housing $ 6,696 $ 7,998 Commercial real estate : Commercial real estate — 84 SBA 504 1st trust deed 1,698 234 Land — — Construction — — Commercial 1,504 1,802 SBA 292 382 HELOC — — Single family real estate 2,309 2,328 Consumer — — Total $ 12,499 $ 12,828 The following table summarizes the average investment in impaired loans by class and the related interest income recognized: 2020 2019 2018 Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income Manufactured housing $ 7,483 $ 556 $ 9,171 $ 640 $ 8,709 $ 887 Commercial real estate: Commercial real estate 67 — 104 — 108 — SBA 504 1st 527 71 190 27 341 19 Land — — — — — — Construction — — — — — — Commercial 1,660 7 5,491 164 7,520 245 SBA 335 1 970 32 874 18 HELOC — — 127 11 199 11 Single family real estate 2,279 123 2,451 127 2,298 144 Consumer — — — — — — Total $ 12,351 $ 758 $ 18,504 $ 1,001 $ 20,049 $ 1,324 The Company is not committed to lend significant additional funds on these impaired loans. The following table reflects the recorded investment in certain types of loans at the periods indicated: December 31, 2020 2019 2018 (in thousands) Nonaccrual loans $ 3,872 $ 2,679 $ 6,226 SBA guaranteed portion of loans included above $ 207 $ 290 $ 2,848 Troubled debt restructured loans, gross $ 11,141 $ 10,774 $ 16,749 Loans 30 through 89 days past due with interest accruing $ 1,889 $ 1,947 $ — Interest income recognized on impaired loans $ 758 $ 1,001 $ 1,324 Foregone interest on nonaccrual and troubled debt restructured loans $ 254 $ 512 $ 454 Allowance for loan losses to gross loans held for investment 1.23 % 1.19 % 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. The following table presents the composition of nonaccrual loans by class of loans: December 31, 2020 2019 (in thousands) Manufactured housing $ 614 $ 594 Commercial real estate: Commercial real estate — 84 SBA 504 1st trust deed 1,469 — Land — — Construction — — Commercial 1,390 1,619 SBA 275 382 HELOC — — Single family real estate 124 — Consumer — — Total $ 3,872 $ 2,679 Included in nonaccrual loans are $0.2 million and $0.3 million of loans guaranteed by government agencies at December 31, 2020 and 2019, respectively. The guaranteed portion of each SBA loan is repurchased from investors when those loans become past due 120 days by either CWB or the SBA directly. After the foreclosure and collection process is complete, the principal balance of loans repurchased by CWB are reimbursed by the SBA. Although these balances do not earn interest during this period, they generally do not result in a loss of principal to CWB; therefore, a repurchase reserve has not been established related to these loans. The Company utilizes an internal asset classification system as a means of reporting problem and potential problem loans. Under the Company’s risk rating system, the Company classifies problem and potential problem loans as “Special Mention,” “Substandard,” “Doubtful” and “Loss”. For a detailed discussion on these risk classifications see “Note 1 Summary of Significant Accounting Policies – Allowance for Loan Losses and Provision for Loan Losses” of this Form 10-K. 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 rates are updated as part of the normal loan monitoring process, at a minimum, annually. The following tables present gross loans by risk rating: December 31, 2020 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 278,826 $ — $ 1,458 $ — $ 280,284 Commercial real estate: Commercial real estate 340,391 6,265 12,362 — 359,018 SBA 504 1st trust deed 14,877 — 3,015 — 17,892 Land 6,528 — — — 6,528 Construction 15,344 — 2,039 — 17,383 Commercial 48,776 823 3,419 — 53,018 SBA 2,554 34 263 — 2,851 HELOC 3,861 — — — 3,861 Single family real estate 10,361 — 129 — 10,490 Consumer 133 — — — 133 Total, net $ 721,651 $ 7,122 $ 22,685 $ — $ 751,458 Government guarantee 72,876 — 3,646 — 76,522 Total $ 794,527 $ 7,122 $ 26,331 $ — $ 827,980 December 31, 2019 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 256,430 $ — $ 817 $ — $ 257,247 Commercial real estate: Commercial real estate 323,748 3,507 84 — 327,339 SBA 504 1st trust deed 18,250 — 302 — 18,552 Land 4,457 — — — 4,457 Construction 33,280 — 2,014 — 35,294 Commercial 66,525 170 1,619 — 68,314 SBA 2,379 28 1,154 — 3,561 HELOC 4,531 — — — 4,531 Single family real estate 11,840 — 5 — 11,845 Consumer 94 — — — 94 Total, net $ 721,534 $ 3,705 $ 5,995 $ — $ 731,234 Government guarantee — 1,530 867 — 2,397 Total $ 721,534 $ 5,235 $ 6,862 $ — $ 733,631 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 class for the periods presented: For the Year Ended December 31, 2020 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 $ 56 $ 56 $ 56 $ 56 $ 1 Commercial 1 1,469 1,469 — — 33 SBA 1 17 17 — — — Total 7 $ 1,542 $ 1,542 $ 56 $ 56 $ 34 For the Year Ended December 31, 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) Manufactured housing 1 $ 25 $ 25 $ 25 $ 25 $ 2 SBA 1 48 48 48 — — Total 2 $ 73 $ 73 $ 73 $ 25 $ 2 For the Year Ended December 31, 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 12 $ 1,047 $ 1,213 $ 1,100 $ 1,213 $ 66 Commercial real estate 3 1,780 1,780 - 1,780 - Total 15 $ 2,827 $ 2,993 $ 1,100 $ 2,993 $ 66 The average rate concession was 100 basis points and 82 basis points for the twelve months ended December 31, 2020 and 2019, respectively. The average term extension in months was 181 and 147 for the twelve months ended December 31, 2020 and 2019, respectively. A TDR loan is deemed to have a payment default when the borrower fails to make two consecutive payments or the collateral is transferred to repossessed assets. The Company had no TDR’s with payment defaults for the twelve months ended December 31, 2020 or 2019. At December 31, 2020, there were no material loan commitments outstanding on TDR loans. Related Parties Principal stockholders, directors, and executive officers of the Company, together with companies they control and family members, are considered to be related parties. In the ordinary course of business, the Company has extended credit to these related parties. Federal banking regulations require that any such extensions of credit not be offered on terms more favorable than would be offered to non-related party borrowers of similar creditworthiness. The following table summarizes the aggregate activity in such loans: Year Ended December 31, 2020 2019 (in thousands) Balance, beginning $ 3,162 $ 3,505 New loans — — Repayments and other (173 ) (343 ) Balance, ending $ 2,989 $ 3,162 None of these loans are past due, on nonaccrual status or have been restructured to provide a reduction or deferral of interest or principal because of deterioration in the financial position of the borrower. There were no loans to a related party that were considered classified loans at December 31, 2020 or 2019. Unfunded loan commitments outstanding with related parties total approximately $0.8 million at December 31, 2020 and $0.3 million at December 31 2019.

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2020
PREMISES AND EQUIPMENT [Abstract]
PREMISES AND EQUIPMENT	5. PREMISES AND EQUIPMENT Year Ended December 31, 2020 2019 (in thousands) Bank premises and land $ 3,959 $ 3,959 Furniture, fixtures, and equipment 10,892 11,077 Leasehold improvements 4,986 5,106 Construction in progress 60 7 19,897 20,149 Accumulated depreciation (12,743 ) (12,494 ) Premises and equipment, net $ 7,154 $ 7,655 Lease Obligations The Company leases certain premises under non-cancelable operating leases expiring through 2028. The following is a schedule of future minimum rental payments under these leases at December 31, 2020: (in thousands) 2021 $ 992 2022 887 2023 813 2024 821 2025 768 Thereafter 2,586 Total $ 6,867 The Company leases the majority of its office locations and many of these leases contain multiple renewal options and provisions for increased rents. Total rent expense of $1.2 million, $1.3 million and $1.2 million is included in occupancy expenses for the years ended December 31, 2020, 2019 and 2018, respectively. Total depreciation expense of $0.8 million, $0.9 million, and $0.8 million is included in occupancy expenses for the each of the years ended December 31, 2020, 2019 and 2018, respectively.

OTHER ASSETS ACQUIRED THROUGH F

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE	12 Months Ended
	Dec. 31, 2020
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE [Abstract]
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE	6. OTHER ASSETS ACQUIRED THROUGH FORECLOSURE The following table summarizes the changes in other assets acquired through foreclosure: December 31, 2020 2019 2018 (in thousands) Balance, beginning of period $ 2,524 $ — $ 372 Additions 106 3,401 174 Proceeds from dispositions — (844 ) (484 ) Gains (losses) on sales, net (16 ) (33 ) (62 ) Balance, end of period $ 2,614 $ 2,524 $ —

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2020
INCOME TAXES [Abstract]
INCOME TAXES	7. INCOME TAXES The provision for income taxes consisted of the following: December 31, 2020 2019 2018 Current: (in thousands) Federal $ 2,874 $ 2,402 $ 2,130 State 1,595 1,337 1,208 4,469 3,739 3,338 Deferred: Federal (651 ) (242 ) (421 ) State (308 ) (86 ) (108 ) (959 ) (328 ) (529 ) Total provision for income taxes $ 3,510 $ 3,411 $ 2,809 The reconciliation between the statutory income tax rate and the Company’s effective tax rate follows: December 31, 2020 2019 2018 Federal income tax at statutory rate 21.0 % 21.0 % 21.0 % State franchise tax, net of federal benefit 8.6 % 8.6 % 8.6 % Other 0.4 % 0.4 % (2.1 )% Tax law change 0.0 % 0.0 % 0.0 % Total provision for income taxes 30.0 % 30.0 % 27.5 % The cumulative tax effects of the primary temporary differences are as shown in the following table: December 31, 2020 2019 Deferred Tax Assets: (in thousands) Allowance for loan losses $ 3,147 $ 2,663 Unrealized loss on AFS securities — 14 Other 3,090 2,446 Total gross deferred tax assets 6,237 5,123 Total deferred tax assets 6,237 5,123 Deferred Tax Liabilities: Deferred state taxes (330 ) (266 ) Depreciation (609 ) (653 ) Unrealized gain on AFS securities (33 ) — Other (1,308 ) (1,032 ) Total deferred tax liabilities (2,280 ) (1,951 ) Net deferred tax asset $ 3,957 $ 3,172 Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts and their respective tax basis including operating losses and tax credit carryforwards. Net deferred tax assets of $4.0 million and $3.2 million at December 31, 2020 and December 31, 2019 respectively are reported in the consolidated balance sheet as a component of total assets. Accounting standards Codification Topic 740, Income Taxes There was no valuation allowance on deferred tax assets at December 31, 2020 or December 31, 2019. The Company is subject to the provisions of ASC 740, Income Taxes The Company is subject to income taxation in the United States and certain state jurisdictions. The Company’s federal and state income tax returns are filed on a consolidated basis. The Company is generally open to examination by tax authorities for the years 2015 and later. Although the Company is unable to determine the outcome under examination, it has evaluated whether there are any uncertain tax positions in accordance with ASC 740-10 and concluded that there are no significant uncertain tax positions requiring recognition in the financial statements. When tax returns are filed, it is highly certain that most positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the Consolidated Financial Statements in the period in which, based on all available evidence, management believes it is more-likely-than-not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely of being realized upon settlement with the applicable taxing authority. As of December 31, 2020 and 2019, the Company does not have any uncertain tax positions.

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2020
DEPOSITS [Abstract]
DEPOSITS	8. DEPOSITS The table below summarizes deposits by type: December 31, 2020 2019 (in thousands) Non-interest-bearing demand deposits $ 181,837 $ 110,843 Interest-bearing deposits: NOW accounts 35,414 25,523 Money market deposit account 362,687 288,755 Savings accounts 18,736 15,689 Time deposits of $250,000 or more 30,536 96,431 Other time deposits 136,975 213,693 Total deposits $ 766,185 $ 750,934 Of the total deposits at December 31, 2020 $598.7 million may be immediately withdrawn. Time certificates of deposit are the only deposits which have a specified maturity. The summary of the contractual maturities for all time deposits is as follows: (in thousands) 2021 $ 142,914 2022 15,888 2023 5,789 2024 1,800 2025 1,120 Thereafter — Total $ 167,511 The Company through the bank is a member of the Certificate of Deposit Account Registry Service (“CDARS”) and Insured Cash Sweep ("ICS") services, which provides Federal Deposit Insurance Corporation (“FDIC”) insurance for large deposits. Federal banking law and regulation place restrictions on depository institutions regarding brokered deposits as they pose increased liquidity risk for institutions that gather significant amounts of brokered deposits. At December 31, 2020 and 2019, the Company had $24.7 million and $28.7 million, respectively, of reciprocal CDARS deposits. At December 31, 2020 and 2019, the Company had $77.2 million and $54.5 million, respectively of ICS deposits. The Company also accepts deposits from related parties which totaled $42.9 million at December 31, 2020 and $27.1 million at December 31, 2019.

OTHER BORROWINGS

OTHER BORROWINGS	12 Months Ended
	Dec. 31, 2020
OTHER BORROWINGS [Abstract]
OTHER BORROWINGS	9. OTHER BORROWINGS The following table summarizes the Company’s FHLB advances by maturity date: December 31, 2020 2019 Contractual Maturity Date Amount Rate Amount Rate (dollars in thousands) March 30, 2020 $ — — $ 5,000 2.56 % April 3, 2020 — — 15,000 2.54 % April 27, 2020 — — 5,000 2.49 % May 29, 2020 — — 5,000 2.35 % October 2, 2020 — — 20,000 1.74 % April 5, 2021 10,000 2.65 % 10,000 2.65 % May 10, 2021 5,000 2.44 % 5,000 2 % March 28, 2022 30,000 0.82 % — — March 28, 2022 15,000 0.69 % — — April 15, 2025 39,000 0.78 % — — April 15, 2025 6,000 0.76 % — — Total FHLB advances $ 105,000 $ 65,000 Weighted average rate 1.03 % 2.29 % The Company, through the bank has a blanket lien credit line with the FHLB. FHLB advances are collateralized in the aggregate by the Company’s eligible loans and securities. Total FHLB advances were $105.0 million and $65.0 million at December 31, 2020 and 2019, respectively, borrowed at fixed rates. The Company also had $38.0 million of letters of credit with FHLB at December 31, 2020 to secure public funds. At December 31, 2020, the Company had pledged to the FHLB $18.9 million of securities and $304.7 million of loans. At December 31, 2020, the Company had $81.4 million available for additional borrowing. At December 31, 2019, the Company had pledged to the FHLB $25.6 million of securities and $324.2 million of loans. At December 31, 2019, CWB had $60.5 million available for additional borrowing. Total FHLB interest expense for the years ended December 31, 2020, 2019 and 2018 was $1.4 million, $1.2 million and $1.0 million, respectively. Other Borrowing – Federal Reserve Bank – Federal Funds Purchased Lines–

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2020
COMMITMENTS AND CONTINGENCIES [Abstract]
COMMITMENTS AND CONTINGENCIES	10. COMMITMENTS AND CONTINGENCIES Unfunded Commitments and Letters of Credit The Company is party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. They involve, to varying degrees, elements of credit risk in excess of amounts recognized in the consolidated balance sheets. Lines of credit are obligations to lend money to a borrower. Credit risk arises when the borrowers’ current financial condition may indicate less ability to pay than when the commitment was originally made. In the case of standby letters of credit, the risk arises from the possibility of the failure of the customer to perform according to the terms of a contract. In such a situation, the third party might draw on the standby letter of credit to pay for completion of the contract and the Company would look to its customer to repay these funds with interest. To minimize the risk, the Company uses the same credit policies in making commitments and conditional obligations as it would for a loan to that customer. Standby letters of credit are commitments issued by the Company to guarantee the performance of a customer to a third party in borrowing arrangements. Typically, letters of credit issued have expiration dates within one year. A summary of the contractual amounts for unfunded commitments and letters of credit are as follows: Year Ended December 31, 2020 2019 (in thousands) Commitments to extend credit $ 59,488 $ 67,538 Standby letters of credit 51 655 Total $ 59,539 $ 68,193 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. The Company has exposure to credit losses from unfunded commitments and letters of credit. As funds have not been disbursed on these commitments, they are not reported as loans outstanding. Credit losses related to these commitments are not included in the allowance for credit losses reported in Note 4, “Loans Held For Investment” of these Consolidated Financial Statements and are accounted for as a separate loss contingency as a liability. This loss contingency for unfunded loan commitments and letters of credit was $92,000 and $85,000 as of December 31, 2020 and 2019, respectively. Changes to this liability are adjusted through other non-interest expense. Concentrations of Lending Activities The Company’s lending activities are primarily driven by the customers served in the market areas where the Company has branch offices in the Central Coast of California. The Company monitors concentrations within selected categories such as geography and product. The Company makes manufactured housing, commercial, SBA, construction, commercial real estate, and consumer loans to customers through branch offices located in the Company’s primary markets. The Company’s business is concentrated in these areas and the loan portfolio includes significant credit exposure to the manufactured housing and commercial real estate markets of these areas. As of December 31, 2020 and 2019, manufactured housing loans comprised 32.7% and 33.2%, respectively of total loans. As of December 31, 2020 and 2019, commercial real estate loans accounted for approximately 46.9% and 49.7% of total loans, respectively. Approximately 28.9% and 31.9% of these commercial real estate loans were owner occupied at December 31, 2020 and 2019, respectively. Substantially all of these loans are secured by first liens with an average loan to value ratios of 53.8% and 54.3% at December 31, 2020 and 2019, respectively. The Company was within established policy limits at December 31, 2020 and 2019. Loan Sales and Servicing The Company retains a certain level of risk relating to the servicing activities and retained interest in sold loans. In addition, during the period of time that the loans are held for sale, the Company is subject to various business risks associated with the lending business, including borrower default, foreclosure, and the risk that a rapid increase in interest rates would result in a decline of the value of loans held for sale to potential purchasers. In connection with certain loan sales, the Company enters agreements which generally require the company to repurchase or substitute loans in the event of a breach of a representation or warranty made by the Company to the loan purchaser, any misrepresentation during the loan origination process or, in some cases, upon any fraud or early default on such loans. The Company has sold loans that are guaranteed or insured by government agencies for which the Company retained all servicing rights and responsibilities. The Company is required to perform certain monitoring functions in connection with these loans to preserve the guarantee by the government agency and prevent loss to the Company in the event of nonperformance by the borrower. Management believes that the Company follows these requirements. The outstanding balance of the loans serviced for others was approximately $116.6 million and $76.3 million at December 31, 2020 and 2019, respectively. Salary Continuation The Company has agreements with certain key officers, which provide for a monthly cash payment to the officers or beneficiaries in the event of death, disability, or retirement, beginning in the month after the retirement date or death and extending for a period of fifteen years subject to vesting. The Company purchased life insurance policies of $7.5 million as an investment. The income from the policy investments will help fund this liability. At December 31, 2020 and 2019, the Company had accrued salary continuation liability for these agreements of $1.0 million and $0.8 million, respectively included in other liabilities. The cash surrender value of the life insurance policies was $9.6 million and $6.9 million at December 31, 2020 and December 31, 2019, respectively and is included in other assets. Other The Company is involved in various other litigation matters of a routine nature that are being handled and defended in the ordinary course of the Company’s business. In the opinion of Management, based in part on consultation with legal counsel, the resolution of these litigation matters will not have a material impact on the Company’s financial position or results of operations.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Dec. 31, 2020
STOCKHOLDERS' EQUITY [Abstract]
STOCKHOLDERS' EQUITY	11. STOCKHOLDERS’ EQUITY Common Stock Warrant The Warrant issued as part of the TARP provided for the purchase of up to 521,158 shares of the common stock, at an exercise price of $4.49 per share (“Warrant Shares”). The Warrants were exercised for 300,401 shares of common stock prior to expiration in the fourth quarter of 2018. Common Stock During the years ended December 31, 2020 and 2019, the Company recorded $1.7 million and $1.8 million, respectively of dividends on common stock. On February 28, 2019, the Board of Directors extended the repurchase program and increased the common stock repurchases to $4.5 million until August 31, 2021. Under this program the Company has repurchased 350,189 common stock shares for $3.1 million at an average price of $8.75 per share. There were no shares repurchased in 2020. Equity Compensation Plans The Company has two stock equity plans available for option grants and restricted stock grants. Stock options granted in 2020 generally have a vesting period of 5 years and a contractual life of 10 years. The Company recognizes compensation cost for options ratably over the requisite service period for all awards. As of December 31, 2020, 550,700 options were available for future grant. The Company had no outstanding restricted stock grants at December 31, 2020. There were no shares repurchased in 2020. The fair value of each option award is estimated on the date of grant using the Black-Scholes option valuation model that uses the assumptions noted in the following table. This model requires the input of highly subjective assumptions, changes to which can materially affect the fair value estimate. The expected volatility is based on the historical volatility of the stock of the Company over the expected life of the options. The risk-free rate for the periods within the contractual life of the option is based on the U.S. Treasury yield curve in effect at the time of the grant. The dividend rate assumption was the dividend yield at grant date. A summary of the assumptions used in calculating the fair value of option awards during the years ended December 31, 2020, 2019 and 2018 are as follows: December 31, 2020 2019 2018 Expected life in years 6.3 6.2 6.3 Risk-free interest rate 0.66 % 2.41 % 2.85 % Expected volatility 24.2 % 27.6 % 34.7 % Annual dividend rate 2.54 % 2.00 % 1.64 % A summary of option activity under the plan is presented below: Year ended December 31, 2020 Option Shares Weighted Average Exercise Price Weighted Average Remaining Term Aggregate Intrinsic Value (in thousands, except exercise price and contractual terms) Outstanding options, beginning of period 731 $ 8.74 Granted 84 7.89 Exercised (1 ) 6.78 Forfeited or expired (83 ) 9.70 Outstanding options, end of period 731 $ 8.53 6.2 $ 764 Options exercisable, end of period 494 $ 7.93 5.5 $ 677 Options expected to vest, end of period 674 $ 8.42 6.1 $ 745 Year Ended December 31, 2019 Option Shares Weighted Average Exercise Price Weighted Average Remaining Term Aggregate Intrinsic Value (in thousands, except exercise price and contractual terms) Outstanding options, beginning of period 679 $ 8.32 Granted 126 10.19 Exercised (39 ) 6.92 Forfeited or expired (35 ) 7.81 Outstanding options, end of period 731 $ 8.74 6.9 $ 1,805 Options exercisable, end of period 394 $ 7.77 5.9 $ 1,337 Options expected to vest, end of period 644 $ 8.52 6.7 $ 1,721 Year Ended December 31, 2018 Option Shares Weighted Average Exercise Price Weighted Average Remaining Term Aggregate Intrinsic Value (in thousands, except exercise price and contractual terms) Outstanding options, beginning of period 680 $ 7.21 Granted 136 11.61 Exercised (102 ) 5.39 Forfeited or expired (35 ) 8.16 Outstanding options, end of period 679 $ 8.32 7.4 $ 1,400 Options exercisable, end of period 340 $ 7.39 6.6 $ 945 Options expected to vest, end of period 588 $ 8.08 7.2 $ 1,318 As of December 31, 2020, 2019 and 2018, there was $0.4 million, $0.6 million and $0.7 million, respectively, of total unrecognized compensation cost related to unvested share-based compensation arrangements granted under the Company’s plan. That cost is expected to be recognized over a weighted average period of 3.0 years, 3.0 years, and 3.2 years, respectively. The total intrinsic value of options exercised during the years ended December 31, 2020, 2019 and 2018, was $1,000, $0.1 million, and $0.6 million, respectively. The following table summarizes the change in unvested stock option shares during the year ended December 31, 2020: Number of Option Shares Weighted Average Grant-Date Fair Value (in thousands, except per share data) Unvested options, beginning of period 337 $ 3.29 Granted 84 1.33 Vested (125 ) 2.89 Forfeited (58 ) 2.94 Unvested options, end of period 238 $ 2.90

CAPITAL REQUIREMENTS

CAPITAL REQUIREMENTS	12 Months Ended
	Dec. 31, 2020
CAPITAL REQUIREMENTS [Abstract]
CAPITAL REQUIREMENTS	12. CAPITAL REQUIREMENTS 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. In November 2019, the federal banking agencies jointly issued a final rule, which provides for an additional optional, simplified measure of capital adequacy, the community bank leverage ratio framework. The final rule was effective January 1, 2020. Under this framework, the bank would choose the option of using the community bank leverage ratio (CBLR). In order to qualify, a community banking organization is defined as having less than $10 billion in total consolidated assets, a leverage ratio greater than 9%, off-balance sheet exposures of 25% or less of total consolidated assets, and trading assets and liabilities of 5% or less of total consolidated assets. A CBLR bank may opt out of the framework at any time, without restriction, by reverting to the generally applicable risk-based capital rules. The Company chose the CBLR option for calculation of its capital ratio in the first quarter of 2020. The following tables illustrates the Bank’s regulatory ratios and the Federal Reserve’s current adequacy guidelines as of December 31, 2020 and 2019. 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/Tier1 Capital (To Average Assets) Community Banking Leverage Ratio December 31, 2020 CWB's actual regulatory ratios 12.27 % 11.02 % 11.02 % 9.29 % 9.29 % Minimum capital requirements 8.00 % 6.00 % 4.50 % 4.00 % 8.00 % Well-capitalized requirements 10.00 % 8.00 % 6.50 % N/A 8.00 % Minimum capital requirements including fully-phased in capital conservation buffer (2019) 10.50 % 8.50 % 7.00 % N/A 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/Tier1 Capital (To Average Assets) December 31, 2019 CWB's actual regulatory ratios 11.41 % 10.28 % 10.28 % 9.06 % Minimum capital requirements 8.00 % 6.00 % 4.50 % 4.00 % Well-capitalized requirements 10.00 % 8.00 % 6.50 % N/A Minimum capital requirements including fully-phased in capital conservation buffer (2019) 10.50 % 8.50 % 7.00 % N/A

REVENUE RECOGNITION

REVENUE RECOGNITION	12 Months Ended
	Dec. 31, 2020
REVENUE RECOGNITION [Abstract]
REVENUE RECOGNITION	13. REVENUE RECOGNITION The Company adopted ASU No, 2014-09 “Revenue from Contracts with Customers” (Topic 606) and all subsequent ASUs that modified Topic 606 on January 1, 2018. The implementation of the new standard did not have a material impact on the measurement or recognition of revenue; as such, a cumulative effect adjustment to opening retained earnings was not deemed necessary. Results for reporting periods beginning after January 1, 2018 are presented under Topic 606, while prior period amounts were not adjusted and continue to be reported in accordance with our historic accounting under Topic 605. Topic 606 does not apply to revenue associated with financial instruments, including revenue from loans and securities. In addition, certain non-interest income streams such as servicing rights, financial guarantees and certain credit card fees are also not in scope of the new guidance. Topic 606 is applicable to non-interest income streams such as deposit related fees, interchange fees and merchant income. However, the recognition of these income streams did not change upon the adoption of Topic 606. Substantially all of the Company’s revenue is generated from contracts with customers. Non-interest revenue streams in-scope of Topic 606 are discussed below. Service Charges on Deposit Accounts Service charges on deposit accounts consist of monthly service fees, check orders, account analysis fees, and other deposit account related fees. The Company’s performance obligation for monthly service fees and account analysis fees is generally satisfied, and the related income recognized, over the period in which the service is provided. Check orders and other deposit related fees are largely transactional based and, therefore, the Company’s performance obligation is satisfied, and related income recognized, at a point in time. Payment for service charges on deposit accounts is primarily received immediately or in the following month through a direct charge to customers’ accounts. Exchange Fees and Other Service Charges Exchange fees and other service charges are primarily comprised of debit and credit card income, merchant services income, ATM fees and other service charges. Debit and credit card income is primarily comprised of interchange fees earned whenever the Company’s debit and credit cards are processed through card payment networks such as Visa or MasterCard. Merchant services income is primarily fees charged to merchants to process their debit and credit card transactions. ATM fees are primarily generated when a Company cardholder uses a non-Company ATM, or a non-Company cardholder uses a Company ATM. Other service charges include fees from processing wire transfers, cashier’s checks, and other services. The Company’s performance obligation for exchange and other service charges are largely satisfied, and related revenue recognized, when the services are rendered or upon completion. Payment is typically received immediately or in the following month. The following table presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for periods indicated. Non-interest income Twelve Months Ended December 31, In-scope of Topic 606: 2020 2019 2018 Service charges on deposit accounts $ 298 $ 507 $ 369 Exchange fees and other service charges 157 159 186 Non-interest income (in-scope of Topic 606) 455 666 555 Non-interest income (out-of-scope of Topic 606) 3,457 2,941 2,073 Total $ 3,912 $ 3,607 $ 2,628 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 December 31, 2020 and December 31, 2019, 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	12 Months Ended
	Dec. 31, 2020
LEASES [Abstract]
LEASES	14. 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 December 31, 2020, the balance of the right-of-use assets was $5.9 million, and the lease liabilities were $6.0 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. Twelve Months Ended December 31, 2020 2019 Lease cost: (in thousands) Operating lease cost 1,072 1,137 Sublease income — — Total lease cost 1,072 1,137 Other information Cash paid for amounts included in the measurement of lease liabilities — — Operating cash flows from operating leases 1,042 1,117 Weighted average remaining lease term in years - operating leases 8.76 9.62 Weighted average discount rate - operating leases 3.23 % 3.23 % Future minimum operating lease payments: December 31, 2020 2019 (in thousands) 2020 $ - $ 1,015 2021 992 884 2022 887 779 2023 813 705 2024 821 713 2025 768 705 Thereafter 2,586 2,586 Total future minimum lease payments $ 6,867 $ 7,387 Less remaining imputed interest 912 1,071 Total lease liabilities $ 5,955 $ 6,316

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
	Dec. 31, 2020
EMPLOYEE BENEFIT PLANS [Abstract]
EMPLOYEE BENEFIT PLANS	15. EMPLOYEE BENEFIT PLANS 401(k) Plan: The Company has a qualified 401(k) employee benefit plan for all eligible employees. Participants are able to defer up to a maximum of $19,000 (for those under 50 years of age in 2020) of their annual compensation. The Company may elect to match a discretionary amount each year, which was 3% of the participant’s eligible compensation. The Company’s total contribution was $0.4 million for the years ended December 31, 2020, 2019 and 2018, respectively. Deferred Compensation Plans A deferred compensation plan covers the executive officers. Under the plan, the Company pays each participant a percentage of their base salary plus interest. Vesting occurs at age 65. A liability is accrued for the obligation under these plans. The expense incurred for the deferred compensation for each of the last three years was $0.3 million resulting in a deferred compensation liability of $1.7 million and $1.3 million as of the year-end 2020 and 2019, respectively. The Company also provides an unfunded nonqualified deferred compensation arrangement to provide supplemental retirement benefits for the Participants which are a select group of management or highly compensated employees of the Company. The Participants may defer up to 30% of their base salary and bonus each plan year. The 36-month certificate of deposit rate is paid on the vested balance.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Dec. 31, 2020
FAIR VALUE MEASUREMENTS [Abstract]
FAIR VALUE MEASUREMENTS	16. FAIR VALUE MEASUREMENTS The fair value of an asset or liability is the price that would be received to sell the asset or paid to transfer the liability in an orderly transaction occurring in the principal market for such asset or liability. ASC 820 establishes a fair value hierarchy that prioritizes the inputs and valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (“Level 1”) and the lowest priority to unobservable inputs (“Level 3”). The three levels of the fair value hierarchy under ASC 820 and the methods and assumptions used by the Company in estimating the fair value of its financial instruments are described in “Note 1. Summary of Significant Accounting Policies – Fair Value of Financial Instruments” of these Notes to the Consolidated Financial Statements. 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: December 31, 2020 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 $ 149 $ — $ — $ 149 Investment securities available-for-sale — 14,257 — 14,257 Interest only strips — — 27 27 Servicing assets — — 1,461 1,461 $ 149 $ 12,759 $ 2,986 $ 15,894 Fair Value Measurements at the End of the Reporting Period Using: December 31, 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 $ 167 $ — $ — $ 167 Investment securities available-for-sale — 19,264 — 19,264 Interest only strips — — 41 41 Servicing assets — — 846 846 $ 167 $ 19,264 $ 887 $ 20,318 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 strips (“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 loans that are considered impaired per generally accepted accounting principles. The following summarizes the fair value measurements of assets measured on a non-recurring basis: Fair Value Measurements at the End of the Reporting Period Using Total Quoted Prices in Active Markets for Identical Assets (Level 1) Active Markets for Similar Assets (Level 2) Unobservable Inputs (Level 3) (in thousands) As of December 31, 2020: Impaired loans $ 3,910 $ — $ 3,910 $ — Loans held for sale 34,383 — 34,383 — Foreclosed real estate and repossessed assets 2,614 — 2,614 — $ 40,907 $ — $ 40,907 $ — As of December 31, 2019: Impaired loans $ 2,334 $ — $ 2,334 $ — Loans held for sale 42,900 — 42,900 — Foreclosed real estate and repossessed assets 2,524 — 2,524 — $ 47,758 $ — $ 47,758 $ — 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. 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 December 31, 2020 and 2019, the Company had loans held for sale with an aggregate carrying value of $31.2 million and $42.0 million, respectively. 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: December 31, 2020 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 60,540 $ 60,540 $ — $ — $ 60,540 FRB and FHLB stock 4,633 — 4,633 — 4,633 Investment securities 22,043 149 22,162 — 22,311 Loans, net 847,383 — 845,302 8,278 853,580 Financial liabilities: Deposits 766,185 — 765,565 — 765,565 Other borrowings 105,000 — 106,051 — 106,051 December 31, 2019 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 82,661 $ 82,661 $ — $ — $ 82,661 FRB and FHLB stock 4,087 — 4,087 — 4,087 Investment securities 25,563 167 25,399 — 25,566 Loans, net 766,846 — 752,287 9,907 762,194 Financial liabilities: Deposits 750,934 — 751,398 — 751,398 Other borrowings 65,000 — 65,236 — 65,236 Interest rate risk The Company assumes interest rate risk (the risk to the Company’s earnings and capital from changes in interest rate levels) as a result of its normal operations. As a result, the fair values of the Company’s financial instruments as well as its future net interest income will change when interest rate levels change, and that change may be either favorable or unfavorable to the Company. Interest rate risk exposure is measured using interest rate sensitivity analysis to determine the change in the net portfolio value and net interest income resulting from hypothetical changes in interest rates. If potential changes to net portfolio value and net interest income resulting from hypothetical interest rate changes are not within the limits established by the Board of Directors, the Board of Directors may direct management to adjust the asset and liability mix to bring interest rate risk within board-approved limits. As of December 31, 2020, the Company’s interest rate risk profile was within Board-approved limits. The Company’s subsidiary bank has an Asset and Liability Management Committee charged with managing interest rate risk within Board approved limits. Such limits are structured to prohibit an interest rate risk profile that is significantly asset or liability sensitive. Fair value of commitments Loan commitments on which the committed interest rates were less than the current market rate are insignificant at December 31, 2020 and 2019.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME	12 Months Ended
	Dec. 31, 2020
ACCUMULATED OTHER COMPREHENSIVE INCOME [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME	17. ACCUMULATED OTHER COMPREHENSIVE INCOME The following table summarizes the changes in other comprehensive income by component, net of tax for the period indicated: Year Ended December 31, 2020 2019 2018 Unrealized holding gains (losses ) on AFS (in thousands) Beginning balance $ (78 ) $ (141 ) $ 25 Other comprehensive income (loss) before reclassifications 113 63 (107 ) Amounts reclassified from accumulated other comprehensive income (loss) — — (59 ) Net current-period other comprehensive income (loss) 113 63 (166 ) Ending Balance $ 35 $ (78 ) $ (141 ) There were no reclassifications out of accumulated other comprehensive income for the years ended December 31, 2020, 2019 and 2018.

PARENT COMPANY FINANCIAL INFORM

PARENT COMPANY FINANCIAL INFORMATION	12 Months Ended
	Dec. 31, 2020
PARENT COMPANY FINANCIAL INFORMATION [Abstract]
PARENT COMPANY FINANCIAL INFORMATION	18. PARENT COMPANY FINANCIAL INFORMATION The condensed financial statements of the holding company are presented in the following tables: COMMUNITY WEST BANCSHARES Condensed Balance Sheets December 31, 2020 2019 (in thousands) Assets: Cash and cash equivalents (including interest-bearing deposits in other financial institutions) $ 73 $ 972 Investment in subsidiary 88,913 81,171 Other assets 169 168 Total assets $ 89,155 $ 82,311 Liabilities and Stockholders' Equity: Other liabilities 148 333 Total liabilities 148 333 Total stockholders' equity 89,007 81,978 Total liabilities and stockholders' equity $ 89,155 $ 82,311 COMMUNITY WEST BANCSHARES Condensed Income Statements December 31, 2020 2019 2018 (in thousands) Interest income $ 3 $ 227 $ 264 Interest expense 296 111 329 Net interest expense (293 ) 116 (65 ) Provision for loan losses — (145 ) 60 Net interest income after provision for loan losses (293 ) 261 (125 ) Income from consolidated subsidiary 8,826 8,145 7,844 Total income 8,533 8,406 7,719 Total non-interest expenses 411 405 516 Income before income tax (benefit) expense 8,122 8,001 7,203 Income tax (benefit) expense (123 ) 38 (206 ) Net income $ 8,245 $ 7,963 $ 7,409 COMMUNITY WEST BANCSHARES Condensed Statements of Cash Flows December 31, 2020 2019 2018 (in thousands) Cash Flows from Operating Activities: Net income $ 8,245 $ 7,963 $ 7,409 Adjustments to reconcile net income to cash provided by (used in) operating activities: Equity in undistributed income from subsidiary (8,826 ) (8,145 ) (7,844 ) Stock-based compensation 319 382 478 Changes in: Other assets (1 ) 72 (50 ) Other liabilities (185 ) 161 157 Net cash provided by (used in) operating activities (448 ) 433 150 Cash Flows from Investing Activities: Loan originations and principal collections, net — 8,355 (3,440 ) Net dividends from and investment in subsidiary 1,197 (534 ) 6,158 Net cash provided by (used in) investing activities 1,197 7,821 2,718 Cash Flows from Financing Activities: Net increase (decrease) from other borrowings — (5,000 ) (1,843 ) Cash dividends paid on common stock (1,652 ) (1,821 ) (1,581 ) Common stock repurchase — (1,030 ) (669 ) Proceeds from issuance of common stock 4 270 551 Net cash used in financing activities (1,648 ) (7,581 ) (3,542 ) Net (decrease) increase in cash and cash equivalents (899 ) 673 (674 ) Cash and cash equivalents at beginning of year 972 299 973 Cash and cash equivalents at end of year $ 73 $ 972 $ 299

QUARTERLY FINANCIAL DATA (UNAUD

QUARTERLY FINANCIAL DATA (UNAUDITED)	12 Months Ended
	Dec. 31, 2020
QUARTERLY FINANCIAL DATA (UNAUDITED) [Abstract]
QUARTERLY FINANCIAL DATA (UNAUDITED)	19. QUARTERLY FINANCIAL DATA (UNAUDITED) December 31, 2020 First Quarter Second Quarter Third Quarter Fourth Quarter Total (in thousands, except per share amounts) Interest income $ 10,975 $ 10,777 $ 11,116 $ 10,986 $ 43,854 Interest expense 2,512 1,996 1,564 1,193 7,265 Net interest income 8,463 8,781 9,552 9,793 36,589 Provision (credit) for loan losses 392 762 113 (44 ) 1,223 Net interest income after provision for loan losses 8,071 8,019 9,439 9,837 35,366 Non-interest income 950 640 1,352 970 3,912 Non-interest expenses 6,729 7,003 6,722 7,069 27,523 Income before income taxes 2,292 1,656 4,069 3,738 11,755 Provision for income taxes 694 496 1,209 1,111 3,510 Net income $ 1,598 $ 1,160 $ 2,860 $ 2,627 $ 8,245 Earnings per share: Income per common share - basic $ 0.19 $ 0.14 $ 0.33 $ 0.31 $ 0.97 Income per common share - diluted $ 0.19 $ 0.14 $ 0.33 $ 0.31 $ 0.97 December 31, 2019 First Quarter Second Quarter Third Quarter Fourth Quarter Total (in thousands, except per share amounts) Interest income $ 11,025 $ 11,367 $ 11,719 $ 11,628 $ 45,739 Interest expense 2,802 2,869 2,921 2,790 11,382 Net interest income 8,223 8,498 8,798 8,838 34,357 (Credit) provision for loan losses (57 ) 177 (75 ) (210 ) (165 ) Net interest income after provision for loan losses 8,280 8,321 8,873 9,048 34,522 Non-interest income 604 692 647 1,664 3,607 Non-interest expenses 6,717 6,760 6,464 6,814 26,755 Income before income taxes 2,167 2,253 3,056 3,898 11,374 Provision for income taxes 657 673 902 1,179 3,411 Net income $ 1,510 $ 1,580 $ 2,154 $ 2,719 $ 7,963 Earnings per share: Income per common share - basic $ 0.18 $ 0.19 $ 0.25 $ 0.32 $ 0.94 Income per common share - diluted $ 0.18 $ 0.18 $ 0.25 $ 0.32 $ 0.93

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
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 fair value of investment securities available for sale. Although Management believes these estimates to be reasonable, actual amounts may differ. In the opinion of Management, all adjustments considered necessary have been reflected in the financial statements during their preparation.
Reclassifications	Reclassifications Certain amounts in the consolidated financial statements as of and for the years ended December 31, 2019 and 2018 have been reclassified to conform to the current presentation. The reclassifications have no effect on net income or stockholders’ equity as previously reported.
Business Segments	Business Segments Reportable business segments are determined using the “management approach” and are intended to present reportable segments consistent with how the chief operating decision maker organizes segments within the company for making operating decisions and assessing performance. As of December 31, 2020, 2019 and 2018, the Company had only one reportable business segment.
COVID-19 Pandemic	COVID-19 pandemic The COVID-19 pandemic, first identified in the United States during the first quarter of 2020, has had significant adverse effects on the economy in the United States, generally, and in our service area, in particular. The assistance the government supported programs under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), including the Paycheck Protection Program (PPP), have provided have lessened the disruptive effects of the COVID-19 pandemic. CWB has actively worked to assist customers in applying for and receiving assistance through the PPP, and CWB has implemented a distinct COVID-19 relief program of payment deferrals, fee waivers and suspension of residential property foreclosures. While the origination fees recognized by CWB in providing these loans have been beneficial to CWB and, in turn CWBC, the full impact of the COVID-19 pandemic is not known at this time and the extent to which the COVID-19 pandemic will continue to negatively affect our customers and our business will depend on future developments, which are highly uncertain. These include the scope and duration of the pandemic, the effectiveness of vaccines and other therapies in treating and preventing the disease, the financial impact of the pandemic on our employees, customers, vendors, and services area, and what further actions the Federal and state governments and other third parties may take in response to the pandemic. The customers in our service area have experienced increased unemployment, business closures, and slowdowns, especially in the restaurant, hospitality, and recreation industries. All of this may lead to increased credit ratings downgrades, loan delinquencies, defaults, reductions in asset values, and foreclosures any of which could have an adverse effect on our business, financial condition, and results of operations.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of reporting cash flows, cash and cash equivalents include cash on hand, amounts due from banks (including cash items in process of clearing), and federal funds sold. Cash flows from loans originated by the Company and deposits are reported net. The Company maintains amounts due from banks, which at times may exceed federally insured limits. The Company has not experienced any losses in such accounts.
Cash Reserve Requirement	Cash Reserve Requirement Depository institutions are required by law to maintain reserves against their transaction deposits. The reserves must be held in cash or with the Federal Reserve Bank (“FRB”). The amount of the reserve varies by bank as the bank is permitted to meet this requirement by maintaining the specified amount as an average balance over a two-week period. The Federal Reserve reduced the reserve requirement ratio to zero percent across all deposit tiers as of March 26, 2020 to aid institutions impacted by COVID-19.
Investment Securities	Investment Securities Investment securities may be classified as held-to-maturity (“HTM”), available-for-sale (“AFS”) or trading. The appropriate classification is initially decided at the time of purchase. Securities classified as held-to-maturity are those debt securities the Company has both the intent and ability to hold to maturity regardless of changes in market conditions, liquidity needs or general economic conditions. These securities are carried at amortized cost. The sale of a security within three months of its maturity date or after the majority of the principal outstanding has been collected is considered a maturity for purposes of classification and disclosure. Securities classified as AFS or trading are reported as an asset on the Consolidated Balance Sheets at their estimated fair value. As the fair value of AFS securities changes, the changes are reported net of income tax as an element of other comprehensive income (“OCI”), except for impaired securities. When AFS securities are sold, the unrealized gain or loss is reclassified from OCI to non-interest income. The changes in the fair values of trading securities are reported in non-interest income. Securities classified as AFS are debt securities the Company intends to hold for an indefinite period of time, but not necessarily to maturity. Any decision to sell a security classified as AFS would be based on various factors, including significant movements in interest rates, changes in the maturity mix of the Company’s assets and liabilities, liquidity needs, decline in credit quality, and regulatory capital considerations. The Company has its Federal Agricultular Mortgage Corporation (AGM) Stock securities classified as measured at fair value. The fair value changes are adjusted through non-interest income monthly. Interest income is recognized based on the coupon rate and increased by accretion of discounts earned or decreased by the amortization of premiums paid over the contractual life of the security using the interest method. For mortgage-backed securities, estimates of prepayments are considered in the constant yield calculations. In estimating whether there are any other than temporary impairment losses, management considers 1) the length of time and the extent to which the fair value has been less than amortized cost, 2) the financial condition and near term prospects of the issuer, 3) the impact of changes in market interest rates, and 4) the intent and ability of the Company to retain its investment for a period of time sufficient to allow for any anticipated recovery in fair value and it is not more likely than not the Company would be required to sell the security. For individual debt securities where the Company does not intend to sell the security and it is not more likely than not that the Company will be required to sell the security before recovery of its amortized cost basis, the other than temporary decline in fair value of the debt security related to 1) credit loss is recognized in earnings, and 2) market or other factors is recognized in other comprehensive income or loss. Credit loss is recorded if the present value of cash flows is less than amortized cost. The fair value of the debt security then becomes the new cost basis. For individual debt securities where the Company intends to sell the security or more likely than not will not recover all of its amortized cost, the other than temporary impairment is recognized in earnings equal to the entire difference between the securities cost basis and its fair value at the balance sheet date. For individual debt securities for which a credit loss has been recognized in earnings, interest accruals and amortization and accretion of premiums and discounts are suspended when the credit loss is recognized. Interest received after accruals have been suspended is recognized on a cash basis.
Federal Home Loan Bank ("FHLB") and Federal Reserve Bank ("FRB") Stock	Federal Home Loan Bank (“FHLB”) and Federal Reserve Bank (“FRB”) Stock The Company’s subsidiary bank is a member of the Federal Home Loan Bank (“FHLB”) system and maintains an investment in capital stock of the FHLB. The bank also maintains an investment in FRB stock. These investments are considered equity securities with no actively traded market. These investments are carried at cost, which is equal to the value at which they may be redeemed. The dividend income received from the stock is reported in interest income. We conduct a periodic review and evaluation of our FHLB stock to determine if any impairment exists. No impairment existed in the years ended December 31, 2020 or 2019.
Servicing Assets	Servicing Assets The guaranteed portion of certain Small Business Administration (“SBA”) loans can be sold into the secondary market. Servicing assets are recognized as separate assets when loans are sold with servicing retained. Servicing assets are amortized in proportion to, and over the period of, estimated future net servicing income. The Company uses industry prepayment statistics and its own prepayment experience in estimating the expected life of the loans. Management evaluates its servicing assets for impairment quarterly. Servicing assets are evaluated for impairment based upon the fair value of the rights as compared to amortized cost. Fair value is determined using discounted future cash flows calculated on a loan-by-loan basis and aggregated by predominate risk characteristics. The initial servicing asset and resulting gain on sale for SBA loan sales are calculated based on the difference between the best actual par and premium bids on an individual loan basis. SBA servicing assets measured at fair value were $43,000 and $40,000 for the years ended 2020 and 2019, respectively. Changes in the fair values are recorded in other non-interest income in the income statement. SBA servicing assets measured under the amortization method were $27,000 and $41,000 for the years ended 2020 and 2019, respectively. Amortization expenses are included in other non-interest income in the income statement. CWB is an approved Federal Agricultural Mortgage Corporation ("Farmer Mac") seller/servicer. Servicing assets/liabilities are recognized as separate assets/liabilities as certain servicing requirements are retained. Servicing assets are amortized over the period of, estimated net servicing income. CWB uses Farmer Mac prepayment statistics in estimating the expected life of the loans. Management evaluates its servicing assets for impairment quarterly. Servicing assets are evaluated periodically for impairment based on the fair value of the rights as compared to amortized cost. Fair value is determined using discounted future cash flows calculated on a loan-by-loan basis. The initial servicing asset and resulting gain or calculated based on the contractual net servicing fees. Farmer Mac servicing assets are valued based on the net servicing fee, estimated life of seven years, and discounted by the respective US Treasury 7-year rate at time of sale. Farmer Mac servicing assets measured under the amortization method were $1.4 million and $765,000 for the years ended 2020 and 2019, respectively. Year Ended December 31, SBA servicing assets measured at fair value 2020 2019 (in thousands) Balance, beginning 40 49 New servicing assets - - Amortization, net - - Valuation adjustment 3 (9 ) Balance, ending 43 40 Year Ended December 31, SBA servicing assets measured under the amortization method 2020 2019 (in thousands) Balance, beginning 41 52 New servicing assets - - Amortization, net (14 ) (11 ) Valuation adjustment - - Balance, ending 27 41 Total SBA servicing assets, net 70 81 Year Ended December 31, Farmer Mac servicing assets measured under the amortization method 2020 2019 (in thousands) Balance, beginning 765 765 New servicing assets 920 - Amortization, net (294 ) - Valuation adjustment - - Total Farmer Mac servicing asset, net 1,391 765 Total servicing assets, net 1,461 846
Loans Held for Sale	Loans Held For Sale Loans which are originated and intended for sale in the secondary market are carried at the lower of cost or estimated fair value determined on an aggregate basis. Valuation adjustments, if any are recognized through a valuation allowance by charges to lower of cost or fair value provision. Loans held for sale are mostly comprised of SBA and commercial agriculture. The Company did not incur any lower of cost or fair value provision in the years ended December 31, 2020, 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 though 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”): Guidance on Non-TDR Loan Modifications due to COVID-19 On March 22, 2020, a statement was issued by banking regulators and titled “Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus” that encourages financial institutions to work prudently with borrowers who are or may be unable to meet their contractual payment obligations due to the effects of COVID-19. Additionally, Section 4013 of the Coronavirus Aid, Relief and Economic Security Act (CARES Act) that passed on March 27, 2020 further provides that a qualified loan modification is exempt by law from classification as a TDR as defined by GAAP, from the period beginning March 1, 2020 until the earlier of January 1, 2022 ( the extension of the expiration date was passed as part of the Bipartisan-Bicameral Omnibus COVID Relief Deal on December 21, 2020) or the date that is 60 days after the date on which the national emergency concerning the COVID-19 outbreak declared by the President of the United States under the National Emergencies Act (50 U.S.C. 1601 et seq.) terminates. Accordingly, we are offering short-term modifications made in response to COVID-19 to borrowers who are current and otherwise not past due. These include short-term, 180 days or less, modifications in the form of payment deferrals, fee waivers, extension of repayment terms, or other delays in payment that are insignificant. As of December 31, 2020, the outstanding balance of these deferred loans was $5.1 million, or 0.6% of the Bank’s total loan portfolio.
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. Migration analysis is utilized for the Commercial Real Estate (“CRE”), Commercial, Commercial Agriculture, Small Business Administration (“SBA”), Home Equity Line of Credit (“HELOC”), Single Family Residential, and Consumer portfolios. The historical loss rate method is utilized primarily for the Manufactured Housing portfolio. The migration analysis considers 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 at a ratio of 115% 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 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 and adjusted as deemed necessary. The review of the appropriateness of the allowance takes into consideration such factors as concentrations of credit, changes in the growth, size, and composition of the loan portfolio, overall and individual portfolio quality, review of specific problem loans, collateral, guarantees and economic and environmental conditions that may affect the borrowers' ability to pay and/or the value of the underlying collateral. Additional factors considered include geographic location of borrowers, changes in the Company’s product-specific credit policy and lending staff experience. These estimates depend on the outcome of future events and, therefore, contain inherent uncertainties. Another component of the ALL considers qualitative factors related to non-impaired loans. The qualitative portion of the allowance on each of the loan pools is based on changes in any of the following factors: • Concentrations of credit • International risk • Trends in volume, maturity, and composition of loans • Volume and trend in delinquency, nonaccrual, and classified assets • Economic conditions • Geographic distance • Policy and procedures or underwriting standards • Staff experience and ability • Value of underlying collateral • Competition, legal, or regulatory environment • 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 and utilization rates to its off-balance sheet obligations in determining an estimate of losses inherent in these contractual obligations. The estimate for loan losses on off-balance sheet instruments is included within other liabilities and the charge to income that establishes this liability is included in non-interest expense.
Premises and Equipment	Premises and Equipment Premises and equipment are stated at cost, less accumulated depreciation, and amortization. Depreciation is computed using the straight-line method over the estimated useful lives of the assets. Leasehold improvements are amortized over the terms of the leases or the estimated useful lives of the improvements, whichever is shorter. Generally, the estimated useful lives of other items of premises and equipment are as follows: Years Building and improvements 31.5 Furniture and equipment 5 – 10 Electronic equipment and software 3 – 5
Leases	Leases At inception, contracts are evaluated to determine whether the contract constitutes a lease agreement. For contracts that are determined to be an operating lease, a corresponding Right of Use ("ROU") asset and operating lease liability are recorded in separate line items on the Consolidated Balance Sheet. ROU assets represent the Company's right to use an underlying asset during the lease term and a lease liability represents the Company's commitment to make contractually obligated lease payments. Operating lease ROU assets and liabilities are recognized at the commencement date of the lease and are based on the present value of lease payments over the lease term. The measurement of the operating lease ROU asset includes any lease payments made and is reduced by lease incentive that are paid or are payable to the Company. Variable lease payments that depend on an index are included in lease payments based on the rate in effect at the commencement date of the lease. Lease payments are recognized on a straight-line basis as part of occupancy expense over the lease term. As the rate implicit in the lease is not readily determinable, the Company's incremental borrowing rate is used to determine the present value of lease payments. This rate considers the applicable FHLB collateralized borrowing rates and is based on the information available at the commencement date. The Company has elected to apply the short-term lease measurement and recognition exemption to leases with an initial term of 12 months or less, therefore, these leases are not recorded on the Company's Balance Sheet. Lease expense of these leases is recognized over the lease term on a straight-line basis. The Company's lease agreements may include options to extend or terminate the lease. These options are included in the lease term when it is reasonably certain that the option will be exercised. In addition to the package of practical expedients, the Company also elected the practical expedient that allows lessees to make an accounting policy election to not separate non-lease components from the associated lease component, and instead account for them all together as part of the applicable lease component. The majority of the Company's non-lease components, such as common area maintenance and taxes, are variable and expensed as incurred. Variable payment amounts are determined in arrears by the landlord depending on actual costs incurred. See ''Note 14. Leases" of these Notes to Consolidated Financial Statements for further disclosures required under the standard.
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 net of deferred tax liabilities 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
Bank Owned Life Insurance	Bank Owned Life Insurance Bank owned life insurance is stated at its cash surrender value with changes recorded in other non-interest income in the consolidated income statements. The cash surrender value of the underlying policies was $9.6 million and $6.9 million as of December 31, 2020 and 2019, respectively and is recorded in other assets in the balance sheet. There are no loans offset against cash surrender values, and there are no restrictions as to the use of proceeds.
Fair Value of Financial Instruments	Fair Value of Financial Instruments 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 December 31, 2020 or 2019. The estimated fair value amounts for December 31, 2020 and 2019 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. The information presented in Note 16, “Fair Value Measurements,” 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 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. 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. FRB and FHLB stock CWB is a member of the FHLB system and maintains an investment in capital stock of the FHLB. CWB also maintain an investment in FRB stock. 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 Fair value for loans is estimated based on exit-pricing discounted cash flows using interest rates currently being offered for loans with similar terms to borrowers with similar credit quality with adjustments that the Company believes a market participant would consider in determining fair value based on a third-party independent valuation. As a result, the fair value for loans is categorized as Level 2 in the fair value hierarchy. Fair values of impaired loans using a discounted cash flow method to measure impairment have been categorized as Level 3. Deposit liabilities 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 other borrowings have been categorized as Level 3 in the fair value hierarchy. 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, considering the remaining terms of the agreements and the counterparties’ credit standing.
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 (loss) available to common shareholders. Diluted earnings per share include the effect of all dilutive potential common shares for the period. Potentially dilutive common shares include stock options.
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. We have recorded the cumulative effects on our balance sheet as of the effective date. 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 upon adoption. As of December 31, 2020, the operating lease right-of-use assets was $5.9 million and lease liabilities of $6.0 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 2016, the FASB issued updated guidance codified within ASU-2016-13, “Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments,” which amends the guidance for recognizing credit losses from an “incurred loss” methodology that delays recognition of credit losses until it is probable a loss has been incurred to an expected credit loss methodology. The guidance requires the use of the modified retrospective transition method by means of a cumulative-effect adjustment to equity as of the beginning of the period in which the guidance is adopted. The standard is effective for the Company as of January 1, 2023. 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 Company adopted this guidance as of January 1, 2019, which did not have a material impact on the Company’s Consolidated Financial Statements. In March 2020, the FASB issued updated guidance codified within ASU-2020-04, "Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting," which provide optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. In response to the risk of cessation of the London Interbank Offered Rate ("LIBOR"), the Company had $7.6 million of securities with rates tied to LIBOR and is currently evaluating the impact of the amended guidance and has not yet determined the effect of the standard on its ongoing financial reporting.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Servicing Assets Measured at Fair Value	Year Ended December 31, SBA servicing assets measured at fair value 2020 2019 (in thousands) Balance, beginning 40 49 New servicing assets - - Amortization, net - - Valuation adjustment 3 (9 ) Balance, ending 43 40
Servicing Assets Measured Under the Amortization Method	Year Ended December 31, SBA servicing assets measured under the amortization method 2020 2019 (in thousands) Balance, beginning 41 52 New servicing assets - - Amortization, net (14 ) (11 ) Valuation adjustment - - Balance, ending 27 41 Total SBA servicing assets, net 70 81 Year Ended December 31, Farmer Mac servicing assets measured under the amortization method 2020 2019 (in thousands) Balance, beginning 765 765 New servicing assets 920 - Amortization, net (294 ) - Valuation adjustment - - Total Farmer Mac servicing asset, net 1,391 765 Total servicing assets, net 1,461 846
Estimated Useful Lives of Other Items of Premises and Equipment	Generally, the estimated useful lives of other items of premises and equipment are as follows: Years Building and improvements 31.5 Furniture and equipment 5 – 10 Electronic equipment and software 3 – 5

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2020
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: December 31, 2020 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 6,501 $ 1 $ (30 ) $ 6,472 U.S. government agency collateralized mortgage obligations ("CMO") 7,765 33 (13 ) 7,785 Other securities 3,000 53 (2 ) 3,051 Total $ 17,266 $ 87 $ (45 ) $ 17,308 Securities held-to-maturity U.S. government agency mortgage-backed securities ("MBS") $ 4,586 $ 269 $ (1 ) $ 4,854 Total $ 4,586 $ 269 $ (1 ) $ 4,854 Securities measured at fair value Equity securities: Farmer Mac class A stock $ 66 $ 83 $ — $ 149 Total $ 66 $ 83 $ — $ 149 December 31, 2019 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 8,112 $ — $ (64 ) $ 8,048 U.S. government agency collateralized mortgage obligations ("CMO") 11,270 23 (77 ) 11,216 Total 19,382 23 (141 ) 19,264 Securities held-to-maturity U.S. government agency mortgage-backed securities ("MBS") $ 6,132 $ 189 $ (19 ) $ 6,302 Total $ 6,132 $ 189 $ (19 ) $ 6,302 Securities measured at fair value Equity securities: Farmer Mac class A stock $ 66 $ 101 $ — $ 167 Total $ 66 $ 101 $ — $ 167
Maturity Periods and Weighted Average Yields of Investment Securities	The maturity periods and weighted average yields of investment securities at December 31, 2020 and 2019 were as follows: December 31, 2020 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 $ — — $ 784 0.6 % $ 5,688 1.7 % $ — — $ 6,472 1.2 % U.S. government agency CMO 820 1.7 % 5,832 0.6 % 1,133 0.8 % — — 7,785 2.3 % Other securities — — 3,051 4.8 % — 0.0 % — — 3,051 4.8 % Total $ 820 1.7 % $ 9,667 1.9 % $ 6,821 1.5 % $ — — $ 17,308 1.6 % Securities held-to-maturity U.S. government agency MBS $ — — $ 3,821 2.8 % $ 765 3.6 % $ — — $ 4,586 2.9 % Total $ — — $ 3,821 2.8 % $ 765 3.6 % $ — — $ 4,586 2.9 % Securities measured at fair value Farmer Mac class A stock — — — — — — — — 149 — Total — — — — — — — — 149 — December 31, 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 $ — — $ 1,094 2.3 % $ 6,955 2.8 % $ — — $ 8,049 2.8 % U.S. government agency CMO — — 3,766 2.1 % 6,120 2.3 % 1,329 2.4 % 11,215 2.3 % Total $ — — $ 4,860 2.2 % $ 13,075 2.6 % $ 1,329 2.4 % $ 19,264 2.5 % Securities held-to-maturity U.S. government agency MBS $ — — $ 2,465 4.2 % $ 2,887 2.9 % $ 780 3.6 % $ 6,132 3.5 % Total $ — — $ 2,465 4.2 % $ 2,887 2.9 % $ 780 3.6 % $ 6,132 3.5 % Securities measured at fair value Farmer Mac class A stock — — — — — — — — 167 — Total — — — — — — — — 167 —
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: December 31, 2020 2019 Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Securities available for sale (in thousands) Due in one year or less $ 817 $ 820 $ — $ — After one year through five years 9,594 9,667 4,884 4,860 After five years through ten years 6,855 6,821 13,121 13,075 After ten years — — 1,377 1,329 Farmer Mac class A stock — — — — Total $ 17,266 $ 17,308 $ 19,382 $ 19,264 Securities held to maturity Due in one year or less $ — $ — $ — $ — After one year through five years 3,821 3,965 2,465 2,565 After five years through ten years 765 889 2,887 2,892 After ten years — — 780 845 Total $ 4,586 $ 4,854 $ 6,132 $ 6,302 Securities measured at fair value Farmer Mac class A stock $ 66 $ 149 $ 66 $ 167 Total $ 66 $ 149 $ 66 $ 167
Fair Value and Unrealized Losses of Securities in Unrealized Loss Position	The following tables show all securities that are in an unrealized loss position: December 31, 2020 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 $ — $ — $ 7 $ 784 $ 7 $ 784 U.S. government agency CMO — — 36 6,021 36 6,021 Other securities 2 1,498 — — 2 1,498 Total $ 2 $ 1,498 $ 43 $ 6,805 $ 45 $ 8,303 Securities held-to-maturity U.S. Government-agency MBS $ 1 $ 185 $ — $ — $ 1 $ 185 Total $ 1 $ 185 $ — $ — $ 1 $ 185 Securities measured at fair value Equity securities: Farmer Mac class A stock $ — $ — $ — $ — $ — $ — Total $ — $ — $ — $ — $ — $ — December 31, 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 $ 3 $ 1,126 $ 61 $ 6,922 $ 64 $ 8,048 U.S. government agency CMO 25 5,275 52 2,264 77 7,539 Total $ 28 $ 6,401 $ 113 $ 9,186 $ 141 $ 15,587 Securities held-to-maturity U.S. Government-agency MBS $ — $ — $ 19 $ 2,139 $ 19 $ 2,139 Total $ — $ — $ 19 $ 2,139 $ 19 $ 2,139 Securities measured at fair value Equity securities: Farmer Mac class A stock $ — $ — $ — $ — $ — $ — Total $ — $ — $ — $ — $ — $ —

LOANS HELD FOR INVESTMENT (Tabl

LOANS HELD FOR INVESTMENT (Tables)	12 Months Ended
	Dec. 31, 2020
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: December 31, 2020 2019 (in thousands) Manufactured housing $ 280,284 $ 257,247 Commercial real estate 402,148 385,642 Commercial 57,933 69,843 SBA (1) 73,131 4,429 HELOC 3,861 4,531 Single family real estate 10,490 11,845 Consumer 133 94 827,980 733,631 Allowance for loan losses (10,194 ) (8,717 ) Deferred fees, net (1,583 ) (58 ) Discount on SBA loans (49 ) (56 ) Total loans held for investment, net $ 816,154 $ 724,800 (1) As of December 31, 2020, the SBA loan portfolio included $69.5 million of SBA PPP loans.
Contractual Aging of Recorded Investment in Past Due Held for Investment Loans by Class of Loans	The following tables present the contractual aging of the recorded investment in past due held for investment loans by class of loans: December 31, 2020 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 $ 277,873 $ 1,716 $ 81 $ — $ 1,797 $ 614 $ 280,284 $ — Commercial real estate: Commercial real estate 360,345 — — — — — 360,345 — SBA 504 1st trust deed 16,423 — — — — 1,469 17,892 — Land 6,528 — — — — — 6,528 — Construction 17,383 — — — — — 17,383 — Commercial 56,451 92 — — 92 1,390 57,933 — SBA 72,856 — — — — 275 73,131 — HELOC 3,861 — — — — — 3,861 — Single family real estate 10,366 — — — — 124 10,490 — Consumer 133 — — — — — 133 — Total $ 822,219 $ 1,808 $ 81 $ — $ 1,889 $ 3,872 $ 827,980 $ — December 31, 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 $ 256,251 $ 156 $ 246 $ — $ 402 $ 594 $ 257,247 $ — Commercial real estate: Commercial real estate 327,255 — — — — 84 327,339 — SBA 504 1st trust deed 17,151 1,401 — — 1,401 — 18,552 — Land 4,457 — — — — — 4,457 — Construction 35,294 — — — — — 35,294 — Commercial 68,224 — — — — 1,619 69,843 — SBA 3,935 112 — — 112 382 4,429 — HELOC 4,531 — — — — — 4,531 — Single family real estate 11,813 32 — — 32 — 11,845 — Consumer 94 — — — — — 94 — Total $ 729,005 $ 1,701 $ 246 $ — $ 1,947 $ 2,679 $ 733,631 $ —
Analysis of Allowance for Loan Losses for Loans Held for Investment	The following table summarizes the changes in the allowance for loan losses: December 31, 2020 2019 2018 (in thousands) Beginning balance $ 8,717 $ 8,691 $ 8,420 Charge-offs - (31 ) (133 ) Recoveries 254 222 390 Net recoveries 254 191 257 Provision (credit) 1,223 (165 ) 14 Ending balance $ 10,194 $ 8,717 $ 8,691 As of December 31, 2020 and 2019, the Company had reserves for credit losses on undisbursed loans of $92,000 and $85,000 which were included in Other liabilities. The following tables summarize the changes in the allowance for loan losses by portfolio type: For the Year Ended December 31, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2020 (in thousands) Beginning balance $ 2,184 $ 5,217 $ 1,162 $ 32 $ 27 $ 92 $ 3 $ 8,717 Charge-offs — — — — — — — — Recoveries 27 80 133 7 6 1 — 254 Net recoveries 27 80 133 7 6 1 — 254 Provision (credit) 401 653 84 79 (8 ) 15 (1 ) 1,223 Ending balance $ 2,612 $ 5,950 $ 1,379 $ 118 $ 25 $ 108 $ 2 $ 10,194 2019 Beginning balance $ 2,196 $ 5,028 $ 1,210 $ 79 $ 90 $ 88 $ — $ 8,691 Charge-offs — — (31 ) — — — — (31 ) Recoveries 54 52 60 50 5 1 — 222 Net recoveries 54 52 29 50 5 1 — 191 Provision (credit) (66 ) 137 (77 ) (97 ) (68 ) 3 3 (165 ) Ending balance $ 2,184 $ 5,217 $ 1,162 $ 32 $ 27 $ 92 $ 3 $ 8,717 2018 Beginning balance $ 2,180 $ 4,844 $ 1,133 $ 73 $ 92 $ 98 $ — $ 8,420 Charge-offs (6 ) — (127 ) — — — — (133 ) Recoveries 120 15 66 133 55 1 — 390 Net (charge-offs) recoveries 114 15 (61 ) 133 55 1 — 257 Provision (credit) (98 ) 169 138 (127 ) (57 ) (11 ) — 14 Ending balance $ 2,196 $ 5,028 $ 1,210 $ 79 $ 90 $ 88 $ — $ 8,691
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 December 31, 2020: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 4,402 $ 230 $ — $ — $ — $ 449 $ — $ 5,081 Impaired loans with no allowance recorded 2,294 1,468 1,504 292 — 1,860 — 7,418 Total loans individually evaluated for impairment 6,696 1,698 1,504 292 — 2,309 — 12,499 Loans collectively evaluated for impairment 273,588 400,450 56,429 72,839 3,861 8,181 133 815,481 Total loans held for investment $ 280,284 $ 402,148 $ 57,933 $ 73,131 $ 3,861 $ 10,490 $ 133 $ 827,980 Unpaid Principal Balance Impaired loans with an allowance recorded $ 4,402 $ 230 $ — $ — $ — $ 449 $ — $ 5,081 Impaired loans with no allowance recorded 3,066 1,474 1,844 946 — 1,860 — 9,190 Total loans individually evaluated for impairment 7,468 1,704 1,844 946 — 2,309 — 14,271 Loans collectively evaluated for impairment 273,588 400,450 56,429 72,839 3,861 8,181 133 815,481 Total loans held for investment $ 281,056 $ 402,154 $ 58,273 $ 73,785 $ 3,861 $ 10,490 $ 133 $ 829,752 Related Allowance for Loan Losses Impaired loans with an allowance recorded $ 279 $ 16 $ — $ — $ — $ 16 $ — $ 311 Impaired loans with no allowance recorded — — — — — — — — Total loans individually evaluated for impairment 279 16 — — — 16 — 311 Loans collectively evaluated for impairment 2,333 5,934 1,379 118 25 92 2 9,883 Total loans held for investment $ 2,612 $ 5,950 $ 1,379 $ 118 $ 25 $ 108 $ 2 $ 10,194 Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total Loans Loans Held for Investment as of December 31, 2019: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 5,702 $ — $ — $ — $ — $ 470 $ — $ 6,172 Impaired loans with no allowance recorded 2,296 318 1,802 382 — 1,858 — 6,656 Total loans individually evaluated for impairment 7,998 318 1,802 382 — 2,328 — 12,828 Loans collectively evaluated for impairment 249,249 385,324 68,041 4,047 4,531 9,517 94 720,803 Total loans held for investment $ 257,247 $ 385,642 $ 69,843 $ 4,429 $ 4,531 $ 11,845 $ 94 $ 733,631 Unpaid Principal Balance Impaired loans with an allowance recorded $ 5,702 $ — $ — $ — $ — $ 470 $ — $ 6,172 Impaired loans with no allowance recorded 3,134 384 2,156 736 — 1,858 — 8,268 Total loans individually evaluated for impairment 8,836 384 2,156 736 — 2,328 — 14,440 Loans collectively evaluated for impairment 249,249 385,324 68,041 4,047 4,531 9,517 94 720,803 Total loans held for investment $ 258,085 $ 385,708 $ 70,197 $ 4,783 $ 4,531 $ 11,845 $ 94 $ 735,243 Related Allowance for Loan Losses Impaired loans with an allowance recorded $ 334 $ — $ — $ — $ — $ 18 $ — $ 352 Impaired loans with no allowance recorded — — — — — — — — Total loans individually evaluated for impairment 334 — — — — 18 — 352 Loans collectively evaluated for impairment 1,850 5,217 1,162 32 27 74 3 8,365 Total loans held for investment $ 2,184 $ 5,217 $ 1,162 $ 32 $ 27 $ 92 $ 3 $ 8,717
Impaired Loans by Class	The following table presents impaired loans by class: December 31, 2020 2019 (in thousands) Manufactured housing $ 6,696 $ 7,998 Commercial real estate : Commercial real estate — 84 SBA 504 1st trust deed 1,698 234 Land — — Construction — — Commercial 1,504 1,802 SBA 292 382 HELOC — — Single family real estate 2,309 2,328 Consumer — — Total $ 12,499 $ 12,828
Average Investment in Impaired Loans by Class and Related Interest Income Recognized	The following table summarizes the average investment in impaired loans by class and the related interest income recognized: 2020 2019 2018 Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income Average Investment in Impaired Loans Interest Income Manufactured housing $ 7,483 $ 556 $ 9,171 $ 640 $ 8,709 $ 887 Commercial real estate: Commercial real estate 67 — 104 — 108 — SBA 504 1st 527 71 190 27 341 19 Land — — — — — — Construction — — — — — — Commercial 1,660 7 5,491 164 7,520 245 SBA 335 1 970 32 874 18 HELOC — — 127 11 199 11 Single family real estate 2,279 123 2,451 127 2,298 144 Consumer — — — — — — Total $ 12,351 $ 758 $ 18,504 $ 1,001 $ 20,049 $ 1,324
Recorded Investment in Certain Types of Loans	The following table reflects the recorded investment in certain types of loans at the periods indicated: December 31, 2020 2019 2018 (in thousands) Nonaccrual loans $ 3,872 $ 2,679 $ 6,226 SBA guaranteed portion of loans included above $ 207 $ 290 $ 2,848 Troubled debt restructured loans, gross $ 11,141 $ 10,774 $ 16,749 Loans 30 through 89 days past due with interest accruing $ 1,889 $ 1,947 $ — Interest income recognized on impaired loans $ 758 $ 1,001 $ 1,324 Foregone interest on nonaccrual and troubled debt restructured loans $ 254 $ 512 $ 454 Allowance for loan losses to gross loans held for investment 1.23 % 1.19 % 1.21 %
Composition of Net Nonaccrual Loans	The following table presents the composition of nonaccrual loans by class of loans: December 31, 2020 2019 (in thousands) Manufactured housing $ 614 $ 594 Commercial real estate: Commercial real estate — 84 SBA 504 1st trust deed 1,469 — Land — — Construction — — Commercial 1,390 1,619 SBA 275 382 HELOC — — Single family real estate 124 — Consumer — — Total $ 3,872 $ 2,679
Gross Loans by Risk Rating	The following tables present gross loans by risk rating: December 31, 2020 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 278,826 $ — $ 1,458 $ — $ 280,284 Commercial real estate: Commercial real estate 340,391 6,265 12,362 — 359,018 SBA 504 1st trust deed 14,877 — 3,015 — 17,892 Land 6,528 — — — 6,528 Construction 15,344 — 2,039 — 17,383 Commercial 48,776 823 3,419 — 53,018 SBA 2,554 34 263 — 2,851 HELOC 3,861 — — — 3,861 Single family real estate 10,361 — 129 — 10,490 Consumer 133 — — — 133 Total, net $ 721,651 $ 7,122 $ 22,685 $ — $ 751,458 Government guarantee 72,876 — 3,646 — 76,522 Total $ 794,527 $ 7,122 $ 26,331 $ — $ 827,980 December 31, 2019 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 256,430 $ — $ 817 $ — $ 257,247 Commercial real estate: Commercial real estate 323,748 3,507 84 — 327,339 SBA 504 1st trust deed 18,250 — 302 — 18,552 Land 4,457 — — — 4,457 Construction 33,280 — 2,014 — 35,294 Commercial 66,525 170 1,619 — 68,314 SBA 2,379 28 1,154 — 3,561 HELOC 4,531 — — — 4,531 Single family real estate 11,840 — 5 — 11,845 Consumer 94 — — — 94 Total, net $ 721,534 $ 3,705 $ 5,995 $ — $ 731,234 Government guarantee — 1,530 867 — 2,397 Total $ 721,534 $ 5,235 $ 6,862 $ — $ 733,631
Troubled Debt Restructurings	The following tables summarize the financial effects of TDR loans by class for the periods presented: For the Year Ended December 31, 2020 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 $ 56 $ 56 $ 56 $ 56 $ 1 Commercial 1 1,469 1,469 — — 33 SBA 1 17 17 — — — Total 7 $ 1,542 $ 1,542 $ 56 $ 56 $ 34 For the Year Ended December 31, 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) Manufactured housing 1 $ 25 $ 25 $ 25 $ 25 $ 2 SBA 1 48 48 48 — — Total 2 $ 73 $ 73 $ 73 $ 25 $ 2 For the Year Ended December 31, 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 12 $ 1,047 $ 1,213 $ 1,100 $ 1,213 $ 66 Commercial real estate 3 1,780 1,780 - 1,780 - Total 15 $ 2,827 $ 2,993 $ 1,100 $ 2,993 $ 66
Aggregate Activity with Related Parties	The following table summarizes the aggregate activity in such loans: Year Ended December 31, 2020 2019 (in thousands) Balance, beginning $ 3,162 $ 3,505 New loans — — Repayments and other (173 ) (343 ) Balance, ending $ 2,989 $ 3,162

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2020
PREMISES AND EQUIPMENT [Abstract]
Premises and Equipment	Year Ended December 31, 2020 2019 (in thousands) Bank premises and land $ 3,959 $ 3,959 Furniture, fixtures, and equipment 10,892 11,077 Leasehold improvements 4,986 5,106 Construction in progress 60 7 19,897 20,149 Accumulated depreciation (12,743 ) (12,494 ) Premises and equipment, net $ 7,154 $ 7,655
Future Minimum Rental Payments under Non-Cancelable Leases	The Company leases certain premises under non-cancelable operating leases expiring through 2028. The following is a schedule of future minimum rental payments under these leases at December 31, 2020: (in thousands) 2021 $ 992 2022 887 2023 813 2024 821 2025 768 Thereafter 2,586 Total $ 6,867

OTHER ASSETS ACQUIRED THROUGH_2

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE (Tables)	12 Months Ended
	Dec. 31, 2020
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE [Abstract]
Other Assets Acquired through Foreclosure	The following table summarizes the changes in other assets acquired through foreclosure: December 31, 2020 2019 2018 (in thousands) Balance, beginning of period $ 2,524 $ — $ 372 Additions 106 3,401 174 Proceeds from dispositions — (844 ) (484 ) Gains (losses) on sales, net (16 ) (33 ) (62 ) Balance, end of period $ 2,614 $ 2,524 $ —

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2020
INCOME TAXES [Abstract]
Provision for Income Taxes	The provision for income taxes consisted of the following: December 31, 2020 2019 2018 Current: (in thousands) Federal $ 2,874 $ 2,402 $ 2,130 State 1,595 1,337 1,208 4,469 3,739 3,338 Deferred: Federal (651 ) (242 ) (421 ) State (308 ) (86 ) (108 ) (959 ) (328 ) (529 ) Total provision for income taxes $ 3,510 $ 3,411 $ 2,809
Reconciliation between Statutory Income Tax Rate and Effective Tax Rate	The reconciliation between the statutory income tax rate and the Company’s effective tax rate follows: December 31, 2020 2019 2018 Federal income tax at statutory rate 21.0 % 21.0 % 21.0 % State franchise tax, net of federal benefit 8.6 % 8.6 % 8.6 % Other 0.4 % 0.4 % (2.1 )% Tax law change 0.0 % 0.0 % 0.0 % Total provision for income taxes 30.0 % 30.0 % 27.5 %
Cumulative Tax Effects of Primary Temporary Differences	The cumulative tax effects of the primary temporary differences are as shown in the following table: December 31, 2020 2019 Deferred Tax Assets: (in thousands) Allowance for loan losses $ 3,147 $ 2,663 Unrealized loss on AFS securities — 14 Other 3,090 2,446 Total gross deferred tax assets 6,237 5,123 Total deferred tax assets 6,237 5,123 Deferred Tax Liabilities: Deferred state taxes (330 ) (266 ) Depreciation (609 ) (653 ) Unrealized gain on AFS securities (33 ) — Other (1,308 ) (1,032 ) Total deferred tax liabilities (2,280 ) (1,951 ) Net deferred tax asset $ 3,957 $ 3,172

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2020
DEPOSITS [Abstract]
Summary of Deposits	The table below summarizes deposits by type: December 31, 2020 2019 (in thousands) Non-interest-bearing demand deposits $ 181,837 $ 110,843 Interest-bearing deposits: NOW accounts 35,414 25,523 Money market deposit account 362,687 288,755 Savings accounts 18,736 15,689 Time deposits of $250,000 or more 30,536 96,431 Other time deposits 136,975 213,693 Total deposits $ 766,185 $ 750,934
Summary of Contractual Maturities for All Time Deposits	The summary of the contractual maturities for all time deposits is as follows: (in thousands) 2021 $ 142,914 2022 15,888 2023 5,789 2024 1,800 2025 1,120 Thereafter — Total $ 167,511

OTHER BORROWINGS (Tables)

OTHER BORROWINGS (Tables)	12 Months Ended
	Dec. 31, 2020
OTHER BORROWINGS [Abstract]
Summary of FHLB Advances by Maturity Date	The following table summarizes the Company’s FHLB advances by maturity date: December 31, 2020 2019 Contractual Maturity Date Amount Rate Amount Rate (dollars in thousands) March 30, 2020 $ — — $ 5,000 2.56 % April 3, 2020 — — 15,000 2.54 % April 27, 2020 — — 5,000 2.49 % May 29, 2020 — — 5,000 2.35 % October 2, 2020 — — 20,000 1.74 % April 5, 2021 10,000 2.65 % 10,000 2.65 % May 10, 2021 5,000 2.44 % 5,000 2 % March 28, 2022 30,000 0.82 % — — March 28, 2022 15,000 0.69 % — — April 15, 2025 39,000 0.78 % — — April 15, 2025 6,000 0.76 % — — Total FHLB advances $ 105,000 $ 65,000 Weighted average rate 1.03 % 2.29 %

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2020
COMMITMENTS AND CONTINGENCIES [Abstract]
Summary of Contractual Amounts for Unfunded Commitments and Letters of Credit	A summary of the contractual amounts for unfunded commitments and letters of credit are as follows: Year Ended December 31, 2020 2019 (in thousands) Commitments to extend credit $ 59,488 $ 67,538 Standby letters of credit 51 655 Total $ 59,539 $ 68,193

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	12 Months Ended
	Dec. 31, 2020
STOCKHOLDERS' EQUITY [Abstract]
Summary of Assumptions Used in Calculating Fair Value of Option Awards	A summary of the assumptions used in calculating the fair value of option awards during the years ended December 31, 2020, 2019 and 2018 are as follows: December 31, 2020 2019 2018 Expected life in years 6.3 6.2 6.3 Risk-free interest rate 0.66 % 2.41 % 2.85 % Expected volatility 24.2 % 27.6 % 34.7 % Annual dividend rate 2.54 % 2.00 % 1.64 %
Summary of Option Activity	A summary of option activity under the plan is presented below: Year ended December 31, 2020 Option Shares Weighted Average Exercise Price Weighted Average Remaining Term Aggregate Intrinsic Value (in thousands, except exercise price and contractual terms) Outstanding options, beginning of period 731 $ 8.74 Granted 84 7.89 Exercised (1 ) 6.78 Forfeited or expired (83 ) 9.70 Outstanding options, end of period 731 $ 8.53 6.2 $ 764 Options exercisable, end of period 494 $ 7.93 5.5 $ 677 Options expected to vest, end of period 674 $ 8.42 6.1 $ 745 Year Ended December 31, 2019 Option Shares Weighted Average Exercise Price Weighted Average Remaining Term Aggregate Intrinsic Value (in thousands, except exercise price and contractual terms) Outstanding options, beginning of period 679 $ 8.32 Granted 126 10.19 Exercised (39 ) 6.92 Forfeited or expired (35 ) 7.81 Outstanding options, end of period 731 $ 8.74 6.9 $ 1,805 Options exercisable, end of period 394 $ 7.77 5.9 $ 1,337 Options expected to vest, end of period 644 $ 8.52 6.7 $ 1,721 Year Ended December 31, 2018 Option Shares Weighted Average Exercise Price Weighted Average Remaining Term Aggregate Intrinsic Value (in thousands, except exercise price and contractual terms) Outstanding options, beginning of period 680 $ 7.21 Granted 136 11.61 Exercised (102 ) 5.39 Forfeited or expired (35 ) 8.16 Outstanding options, end of period 679 $ 8.32 7.4 $ 1,400 Options exercisable, end of period 340 $ 7.39 6.6 $ 945 Options expected to vest, end of period 588 $ 8.08 7.2 $ 1,318
Summary of Change in Unvested Stock Option Share	The following table summarizes the change in unvested stock option shares during the year ended December 31, 2020: Number of Option Shares Weighted Average Grant-Date Fair Value (in thousands, except per share data) Unvested options, beginning of period 337 $ 3.29 Granted 84 1.33 Vested (125 ) 2.89 Forfeited (58 ) 2.94 Unvested options, end of period 238 $ 2.90

CAPITAL REQUIREMENTS (Tables)

CAPITAL REQUIREMENTS (Tables)	12 Months Ended
	Dec. 31, 2020
CAPITAL REQUIREMENTS [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 December 31, 2020 and 2019. 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/Tier1 Capital (To Average Assets) Community Banking Leverage Ratio December 31, 2020 CWB's actual regulatory ratios 12.27 % 11.02 % 11.02 % 9.29 % 9.29 % Minimum capital requirements 8.00 % 6.00 % 4.50 % 4.00 % 8.00 % Well-capitalized requirements 10.00 % 8.00 % 6.50 % N/A 8.00 % Minimum capital requirements including fully-phased in capital conservation buffer (2019) 10.50 % 8.50 % 7.00 % N/A 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/Tier1 Capital (To Average Assets) December 31, 2019 CWB's actual regulatory ratios 11.41 % 10.28 % 10.28 % 9.06 % Minimum capital requirements 8.00 % 6.00 % 4.50 % 4.00 % Well-capitalized requirements 10.00 % 8.00 % 6.50 % N/A Minimum capital requirements including fully-phased in capital conservation buffer (2019) 10.50 % 8.50 % 7.00 % N/A

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	12 Months Ended
	Dec. 31, 2020
REVENUE RECOGNITION [Abstract]
Non-Interest Income	The following table presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for periods indicated. Non-interest income Twelve Months Ended December 31, In-scope of Topic 606: 2020 2019 2018 Service charges on deposit accounts $ 298 $ 507 $ 369 Exchange fees and other service charges 157 159 186 Non-interest income (in-scope of Topic 606) 455 666 555 Non-interest income (out-of-scope of Topic 606) 3,457 2,941 2,073 Total $ 3,912 $ 3,607 $ 2,628

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 2020
LEASES [Abstract]
Lease Cost and Other Information	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. Twelve Months Ended December 31, 2020 2019 Lease cost: (in thousands) Operating lease cost 1,072 1,137 Sublease income — — Total lease cost 1,072 1,137 Other information Cash paid for amounts included in the measurement of lease liabilities — — Operating cash flows from operating leases 1,042 1,117 Weighted average remaining lease term in years - operating leases 8.76 9.62 Weighted average discount rate - operating leases 3.23 % 3.23 %
Future Minimum Operating Lease Payments	Future minimum operating lease payments: December 31, 2020 2019 (in thousands) 2020 $ - $ 1,015 2021 992 884 2022 887 779 2023 813 705 2024 821 713 2025 768 705 Thereafter 2,586 2,586 Total future minimum lease payments $ 6,867 $ 7,387 Less remaining imputed interest 912 1,071 Total lease liabilities $ 5,955 $ 6,316

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Dec. 31, 2020
FAIR VALUE MEASUREMENTS [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: December 31, 2020 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 $ 149 $ — $ — $ 149 Investment securities available-for-sale — 14,257 — 14,257 Interest only strips — — 27 27 Servicing assets — — 1,461 1,461 $ 149 $ 12,759 $ 2,986 $ 15,894 Fair Value Measurements at the End of the Reporting Period Using: December 31, 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 $ 167 $ — $ — $ 167 Investment securities available-for-sale — 19,264 — 19,264 Interest only strips — — 41 41 Servicing assets — — 846 846 $ 167 $ 19,264 $ 887 $ 20,318
Fair Value Measurements of Assets Measured on a Non-recurring Basis	The following summarizes the fair value measurements of assets measured on a non-recurring basis: Fair Value Measurements at the End of the Reporting Period Using Total Quoted Prices in Active Markets for Identical Assets (Level 1) Active Markets for Similar Assets (Level 2) Unobservable Inputs (Level 3) (in thousands) As of December 31, 2020: Impaired loans $ 3,910 $ — $ 3,910 $ — Loans held for sale 34,383 — 34,383 — Foreclosed real estate and repossessed assets 2,614 — 2,614 — $ 40,907 $ — $ 40,907 $ — As of December 31, 2019: Impaired loans $ 2,334 $ — $ 2,334 $ — Loans held for sale 42,900 — 42,900 — Foreclosed real estate and repossessed assets 2,524 — 2,524 — $ 47,758 $ — $ 47,758 $ —
Estimated Fair Values and Carrying Values of Financial Instruments	The estimated fair value of the Company’s financial instruments are as follows: December 31, 2020 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 60,540 $ 60,540 $ — $ — $ 60,540 FRB and FHLB stock 4,633 — 4,633 — 4,633 Investment securities 22,043 149 22,162 — 22,311 Loans, net 847,383 — 845,302 8,278 853,580 Financial liabilities: Deposits 766,185 — 765,565 — 765,565 Other borrowings 105,000 — 106,051 — 106,051 December 31, 2019 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 82,661 $ 82,661 $ — $ — $ 82,661 FRB and FHLB stock 4,087 — 4,087 — 4,087 Investment securities 25,563 167 25,399 — 25,566 Loans, net 766,846 — 752,287 9,907 762,194 Financial liabilities: Deposits 750,934 — 751,398 — 751,398 Other borrowings 65,000 — 65,236 — 65,236

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)	12 Months Ended
	Dec. 31, 2020
ACCUMULATED OTHER COMPREHENSIVE INCOME [Abstract]
Changes in Other Comprehensive Income (Loss) by Component, Net of Tax	The following table summarizes the changes in other comprehensive income by component, net of tax for the period indicated: Year Ended December 31, 2020 2019 2018 Unrealized holding gains (losses ) on AFS (in thousands) Beginning balance $ (78 ) $ (141 ) $ 25 Other comprehensive income (loss) before reclassifications 113 63 (107 ) Amounts reclassified from accumulated other comprehensive income (loss) — — (59 ) Net current-period other comprehensive income (loss) 113 63 (166 ) Ending Balance $ 35 $ (78 ) $ (141 )

PARENT COMPANY FINANCIAL INFO_2

PARENT COMPANY FINANCIAL INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2020
PARENT COMPANY FINANCIAL INFORMATION [Abstract]
Condensed Balance Sheets	COMMUNITY WEST BANCSHARES Condensed Balance Sheets December 31, 2020 2019 (in thousands) Assets: Cash and cash equivalents (including interest-bearing deposits in other financial institutions) $ 73 $ 972 Investment in subsidiary 88,913 81,171 Other assets 169 168 Total assets $ 89,155 $ 82,311 Liabilities and Stockholders' Equity: Other liabilities 148 333 Total liabilities 148 333 Total stockholders' equity 89,007 81,978 Total liabilities and stockholders' equity $ 89,155 $ 82,311
Condensed Income Statements	COMMUNITY WEST BANCSHARES Condensed Income Statements December 31, 2020 2019 2018 (in thousands) Interest income $ 3 $ 227 $ 264 Interest expense 296 111 329 Net interest expense (293 ) 116 (65 ) Provision for loan losses — (145 ) 60 Net interest income after provision for loan losses (293 ) 261 (125 ) Income from consolidated subsidiary 8,826 8,145 7,844 Total income 8,533 8,406 7,719 Total non-interest expenses 411 405 516 Income before income tax (benefit) expense 8,122 8,001 7,203 Income tax (benefit) expense (123 ) 38 (206 ) Net income $ 8,245 $ 7,963 $ 7,409
Condensed Statements of Cash Flows	COMMUNITY WEST BANCSHARES Condensed Statements of Cash Flows December 31, 2020 2019 2018 (in thousands) Cash Flows from Operating Activities: Net income $ 8,245 $ 7,963 $ 7,409 Adjustments to reconcile net income to cash provided by (used in) operating activities: Equity in undistributed income from subsidiary (8,826 ) (8,145 ) (7,844 ) Stock-based compensation 319 382 478 Changes in: Other assets (1 ) 72 (50 ) Other liabilities (185 ) 161 157 Net cash provided by (used in) operating activities (448 ) 433 150 Cash Flows from Investing Activities: Loan originations and principal collections, net — 8,355 (3,440 ) Net dividends from and investment in subsidiary 1,197 (534 ) 6,158 Net cash provided by (used in) investing activities 1,197 7,821 2,718 Cash Flows from Financing Activities: Net increase (decrease) from other borrowings — (5,000 ) (1,843 ) Cash dividends paid on common stock (1,652 ) (1,821 ) (1,581 ) Common stock repurchase — (1,030 ) (669 ) Proceeds from issuance of common stock 4 270 551 Net cash used in financing activities (1,648 ) (7,581 ) (3,542 ) Net (decrease) increase in cash and cash equivalents (899 ) 673 (674 ) Cash and cash equivalents at beginning of year 972 299 973 Cash and cash equivalents at end of year $ 73 $ 972 $ 299

QUARTERLY FINANCIAL DATA (UNA_2

QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)	12 Months Ended
	Dec. 31, 2020
QUARTERLY FINANCIAL DATA (UNAUDITED) [Abstract]
Quarterly Statement of Operations	December 31, 2020 First Quarter Second Quarter Third Quarter Fourth Quarter Total (in thousands, except per share amounts) Interest income $ 10,975 $ 10,777 $ 11,116 $ 10,986 $ 43,854 Interest expense 2,512 1,996 1,564 1,193 7,265 Net interest income 8,463 8,781 9,552 9,793 36,589 Provision (credit) for loan losses 392 762 113 (44 ) 1,223 Net interest income after provision for loan losses 8,071 8,019 9,439 9,837 35,366 Non-interest income 950 640 1,352 970 3,912 Non-interest expenses 6,729 7,003 6,722 7,069 27,523 Income before income taxes 2,292 1,656 4,069 3,738 11,755 Provision for income taxes 694 496 1,209 1,111 3,510 Net income $ 1,598 $ 1,160 $ 2,860 $ 2,627 $ 8,245 Earnings per share: Income per common share - basic $ 0.19 $ 0.14 $ 0.33 $ 0.31 $ 0.97 Income per common share - diluted $ 0.19 $ 0.14 $ 0.33 $ 0.31 $ 0.97 December 31, 2019 First Quarter Second Quarter Third Quarter Fourth Quarter Total (in thousands, except per share amounts) Interest income $ 11,025 $ 11,367 $ 11,719 $ 11,628 $ 45,739 Interest expense 2,802 2,869 2,921 2,790 11,382 Net interest income 8,223 8,498 8,798 8,838 34,357 (Credit) provision for loan losses (57 ) 177 (75 ) (210 ) (165 ) Net interest income after provision for loan losses 8,280 8,321 8,873 9,048 34,522 Non-interest income 604 692 647 1,664 3,607 Non-interest expenses 6,717 6,760 6,464 6,814 26,755 Income before income taxes 2,167 2,253 3,056 3,898 11,374 Provision for income taxes 657 673 902 1,179 3,411 Net income $ 1,510 $ 1,580 $ 2,154 $ 2,719 $ 7,963 Earnings per share: Income per common share - basic $ 0.18 $ 0.19 $ 0.25 $ 0.32 $ 0.94 Income per common share - diluted $ 0.18 $ 0.18 $ 0.25 $ 0.32 $ 0.93

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)SegmentPayment	Dec. 31, 2019USD ($)Segment	Dec. 31, 2018USD ($)Segment	Mar. 26, 2020
Business Segments [Abstract]
Number of reportable segments | Segment	1	1	1
Cash Reserve Requirement [Abstract]
Ratio of cash reserve required				0.00%
Federal Home Loan Bank ("FHLB") and Federal Reserve Bank ("FRB") Stock [Abstract]
Impairment charge on equity securities with no actively traded market	$ 0	$ 0
SBA Servicing Assets Measured at Fair Value [Roll Forward]
Balance, beginning	40	49
New servicing assets	0	0
Amortization, net	0	0
Valuation adjustment	3	(9)
Balance, ending	43	40	$ 49
Servicing Assets Measured Under the Amortization Method [Roll Forward]
Valuation adjustment	$ (615)	(745)	78
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
Bank Owned Life Insurance [Abstract]
Cash surrender value of life insurance	$ 9,600	6,900
Recent Accounting Pronouncements [Abstract]
ROU asset	5,900
Lease liability	$ 5,955	6,316
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
COVID19 [Member]
Loans Held for Investment and Interest and Fees from Loans [Abstract]
Amount of loans modified due to COVID-19	$ 5,100
Percentage of loan amount modified due to COVID-19 to total loan portfolio	0.60%
Substantially Risk Free [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Percentage of cash collateral ratio of borrowed principal	115.00%
Building and Improvements [Member]
Premises and Equipment [Abstract]
Estimated useful life of assets	31 years 6 months
Furniture and Equipment [Member] | Minimum [Member]
Premises and Equipment [Abstract]
Estimated useful life of assets	5 years
Furniture and Equipment [Member] | Maximum [Member]
Premises and Equipment [Abstract]
Estimated useful life of assets	10 years
Electronic Equipment and Software [Member] | Minimum [Member]
Premises and Equipment [Abstract]
Estimated useful life of assets	3 years
Electronic Equipment and Software [Member] | Maximum [Member]
Premises and Equipment [Abstract]
Estimated useful life of assets	5 years
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
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
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
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
SBA Servicing Assets [Member]
Servicing Assets Measured Under the Amortization Method [Roll Forward]
Balance, beginning	$ 41	52
New servicing assets	0	0
Amortization, net	(14)	(11)
Valuation adjustment	0	0
Balance, ending	27	41	52
Total servicing assets, net	70	81
Farmer Mac Servicing Assets [Member]
Servicing Assets Measured Under the Amortization Method [Roll Forward]
Balance, beginning	765	765
New servicing assets	920	0
Amortization, net	(294)	0
Valuation adjustment	0	0
Balance, ending	1,391	765	765
Total servicing assets, net	$ 1,461	$ 846
Estimated life	7 years
Period of US Treasury discounted rate, at time of sale	7 years
ASU 2016-02 [Member]
Recent Accounting Pronouncements [Abstract]
ROU asset	$ 5,900		8,400
Lease liability	6,000		$ 8,400
ASU 2020-04 [Member] | LIBOR [Member]
Recent Accounting Pronouncements [Abstract]
Securities	$ 7,600

INVESTMENT SECURITIES, Securiti

INVESTMENT SECURITIES, Securities Available-for-Sale (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Securities available-for-sale [Abstract]
Amortized cost	$ 17,266	$ 19,382
Gross unrealized gains	87	23
Gross unrealized (losses)	(45)	(141)
Fair value	17,308	19,264
U.S. Government Agency Notes [Member]
Securities available-for-sale [Abstract]
Amortized cost	6,501	8,112
Gross unrealized gains	1	0
Gross unrealized (losses)	(30)	(64)
Fair value	6,472	8,048
U.S. Government Agency Collateralized Mortgage Obligations ("CMO") [Member]
Securities available-for-sale [Abstract]
Amortized cost	7,765	11,270
Gross unrealized gains	33	23
Gross unrealized (losses)	(13)	(77)
Fair value	7,785	$ 11,216
Other Securities [Member]
Securities available-for-sale [Abstract]
Amortized cost	3,000
Gross unrealized gains	53
Gross unrealized (losses)	(2)
Fair value	$ 3,051

INVESTMENT SECURITIES, Securi_2

INVESTMENT SECURITIES, Securities Held-to-Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Securities held-to-maturity [Abstract]
Amortized cost	$ 4,586	$ 6,132
Gross unrealized gains	269	189
Gross unrealized (losses)	(1)	(19)
Fair value	4,854	6,302
U.S. Government Agency Mortgage Backed Securities ("MBS") [Member]
Securities held-to-maturity [Abstract]
Amortized cost	4,586	6,132
Gross unrealized gains	269	189
Gross unrealized (losses)	(1)	(19)
Fair value	$ 4,854	$ 6,302

INVESTMENT SECURITIES, Securi_3

INVESTMENT SECURITIES, Securities Measured at Fair Value (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Securities measured at fair value [Abstract]
Amortized cost	$ 66	$ 66
Gross unrealized gains	83	101
Gross unrealized (losses)	0	0
Fair value	149	167
Equity Securities: Farmer Mac Class A Stock [Member]
Securities measured at fair value [Abstract]
Amortized cost	66	66
Gross unrealized gains	83	101
Gross unrealized losses	0	0
Fair value	149	167
Fair value	$ 149	$ 167

INVESTMENT SECURITIES, Securi_4

INVESTMENT SECURITIES, Securities Pledged as Collateral (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
INVESTMENT SECURITIES [Abstract]
Securities pledged as collateral to the Federal Home Loan Bank ("FHLB")	$ 18.9	$ 25.6

INVESTMENT SECURITIES, Maturity

INVESTMENT SECURITIES, Maturity Periods and Weighted Average Yields (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Maturity periods and weighted average yields of investment securities available-for-sale [Abstract]
Less than one year, amount	$ 820	$ 0
Less than one year, yield	1.70%	0.00%
One to five years, amount	$ 9,667	$ 4,860
One to five years, yield	1.90%	2.20%
Five to ten years, amount	$ 6,821	$ 13,075
Five to ten years, yield	1.50%	2.60%
Over ten years, amount	$ 0	$ 1,329
Over ten years, yield	0.00%	2.40%
Total amount	$ 17,308	$ 19,264
Total yield	1.60%	2.50%
Securities measured at fair value, amount	$ 149	$ 167
Securities measured at fair value, yield	0.00%	0.00%
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	$ 3,821	$ 2,465
One to five years, yield	2.80%	4.20%
Five to ten years, amount	$ 765	$ 2,887
Five to ten years, yield	3.60%	2.90%
Over ten years, amount	$ 0	$ 780
Over ten years, yield	0.00%	3.60%
Total amount	$ 4,586	$ 6,132
Total yield	2.90%	3.50%
U.S. Government Agency Notes [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	$ 784	$ 1,094
One to five years, yield	0.60%	2.30%
Five to ten years, amount	$ 5,688	$ 6,955
Five to ten years, yield	1.70%	2.80%
Over ten years, amount	$ 0	$ 0
Over ten years, yield	0.00%	0.00%
Total amount	$ 6,472	$ 8,049
Total yield	1.20%	2.80%
U.S. Government Agency CMO [Member]
Maturity periods and weighted average yields of investment securities available-for-sale [Abstract]
Less than one year, amount	$ 820	$ 0
Less than one year, yield	1.70%	0.00%
One to five years, amount	$ 5,832	$ 3,766
One to five years, yield	0.60%	2.10%
Five to ten years, amount	$ 1,133	$ 6,120
Five to ten years, yield	0.80%	2.30%
Over ten years, amount	$ 0	$ 1,329
Over ten years, yield	0.00%	2.40%
Total amount	$ 7,785	$ 11,215
Total yield	2.30%	2.30%
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	$ 149	$ 167
Securities measured at fair value, yield	0.00%	0.00%
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	$ 3,821	$ 2,465
One to five years, yield	2.80%	4.20%
Five to ten years, amount	$ 765	$ 2,887
Five to ten years, yield	3.60%	2.90%
Over ten years, amount	$ 0	$ 780
Over ten years, yield	0.00%	3.60%
Total amount	$ 4,586	$ 6,132
Total yield	2.90%	3.50%
Other Securities [Member]
Maturity periods and weighted average yields of investment securities available-for-sale [Abstract]
Less than one year, amount	$ 0
Less than one year, yield	0.00%
One to five years, amount	$ 3,051
One to five years, yield	4.80%
Five to ten years, amount	$ 0
Five to ten years, yield	0.00%
Over ten years, amount	$ 0
Over ten years, yield	0.00%
Total amount	$ 3,051
Total yield	4.80%

INVESTMENT SECURITIES, Investme

INVESTMENT SECURITIES, Investment Securities by Contractual Maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Securities available-for-sale, Amortized Cost [Abstract]
Due in one year or less	$ 817	$ 0
After one year through five years	9,594	4,884
After five years through ten years	6,855	13,121
After ten years	0	1,377
Farmer Mac class A stock	0	0
Amortized cost	17,266	19,382
Securities available for sale, Estimated Fair Value [Abstract]
Due in one year or less	820	0
After one year through five years	9,667	4,860
After five years through ten years	6,821	13,075
After ten years	0	1,329
Farmer Mac class A stock	0	0
Estimated fair value	17,308	19,264
Securities held to maturity, Amortized Cost [Abstract]
Due in one year or less	0	0
After one year through five years	3,821	2,465
After five years through ten years	765	2,887
After ten years	0	780
Amortized cost	4,586	6,132
Securities held to maturity, Estimated Fair Value [Abstract]
Due in one year or less	0	0
After one year through five years	3,965	2,565
After five years through ten years	889	2,892
After ten years	0	845
Estimated fair value	4,854	6,302
Securities measured at fair value [Abstract]
Amortized cost	66	66
Fair value	$ 149	$ 167

INVESTMENT SECURITIES, Unrealiz

INVESTMENT SECURITIES, Unrealized Loss Positions (Details) $ in Thousands	Dec. 31, 2020USD ($)Security	Dec. 31, 2019USD ($)Security
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	$ 2	$ 28
More than twelve months, gross unrealized losses	43	113
Total, gross unrealized losses	45	141
Less than twelve months, fair value	1,498	6,401
More than twelve months, fair value	6,805	9,186
Total, fair value	8,303	15,587
Securities held-to-maturity, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	1	0
More than twelve months, gross unrealized losses	0	19
Total, gross unrealized losses	1	19
Less than twelve months, fair value	185	0
More than twelve months, fair value	0	2,139
Total, fair value	185	2,139
Securities measured at fair value [Abstract]
Less than twelve months, gross unrealized losses	0	0
More than twelve months, gross unrealized losses	0	0
Total, gross unrealized losses	0	0
Less than twelve months, fair value	0	0
More than twelve months, fair value	0	0
Total, fair value	$ 0	$ 0
Securities in unrealized loss positions | Security	13	20
U.S. Government Agency Notes [Member]
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	$ 0	$ 3
More than twelve months, gross unrealized losses	7	61
Total, gross unrealized losses	7	64
Less than twelve months, fair value	0	1,126
More than twelve months, fair value	784	6,922
Total, fair value	784	8,048
U.S. Government Agency CMO [Member]
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	0	25
More than twelve months, gross unrealized losses	36	52
Total, gross unrealized losses	36	77
Less than twelve months, fair value	0	5,275
More than twelve months, fair value	6,021	2,264
Total, fair value	6,021	7,539
U.S. Government Agency MBS [Member]
Securities held-to-maturity, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	1	0
More than twelve months, gross unrealized losses	0	19
Total, gross unrealized losses	1	19
Less than twelve months, fair value	185	0
More than twelve months, fair value	0	2,139
Total, fair value	185	2,139
Equity Securities: Farmer Mac Class A Stock [Member]
Securities measured at fair value [Abstract]
Less than twelve months, gross unrealized losses	0	0
More than twelve months, gross unrealized losses	0	0
Total, gross unrealized losses	0	0
Less than twelve months, fair value	0	0
More than twelve months, fair value	0	0
Total, fair value	0	$ 0
Other Securities [Member]
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	2
More than twelve months, gross unrealized losses	0
Total, gross unrealized losses	2
Less than twelve months, fair value	1,498
More than twelve months, fair value	0
Total, fair value	$ 1,498

LOANS HELD FOR SALE (Details)

LOANS HELD FOR SALE (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Loans Held for Sale [Abstract]
Loans included in loans held for sale	$ 31,229	$ 42,046
SBA [Member]
Loans Held for Sale [Abstract]
Loans included in loans held for sale	8,300	13,600
Principal balance of loan serviced	4,000	7,200
US Department of Agriculture [Member]
Loans Held for Sale [Abstract]
Loans included in loans held for sale	22,900	34,800
Principal balance of loan serviced	$ 1,900	$ 2,000

LOANS HELD FOR INVESTMENT (Deta

LOANS HELD FOR INVESTMENT (Details) - USD ($) $ in Thousands	Dec. 31, 2020		Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Loans held for investment [Abstract]
Loan held for investment, gross	$ 827,980		$ 733,631
Allowance for loan losses	(10,194)		(8,717)	$ (8,691)	$ (8,420)
Deferred fees, net	(1,583)		(58)
Discount on SBA loans	(49)		(56)
Total loans held for investment, net	816,154		724,800
Manufactured Housing [Member]
Loans held for investment [Abstract]
Loan held for investment, gross	280,284		257,247
Allowance for loan losses	(2,612)		(2,184)	(2,196)	(2,180)
Commercial Real Estate [Member]
Loans held for investment [Abstract]
Loan held for investment, gross	402,148		385,642
Allowance for loan losses	(5,950)		(5,217)	(5,028)	(4,844)
Commercial [Member]
Loans held for investment [Abstract]
Loan held for investment, gross	57,933		69,843
Allowance for loan losses	(1,379)		(1,162)	(1,210)	(1,133)
SBA [Member]
Loans held for investment [Abstract]
Loan held for investment, gross	73,131	[1]	4,429
Allowance for loan losses	(118)		(32)	(79)	(73)
SBA Paycheck Protection Program [Member]
Loans held for investment [Abstract]
Loan held for investment, gross	69,500
HELOC [Member]
Loans held for investment [Abstract]
Loan held for investment, gross	3,861		4,531
Allowance for loan losses	(25)		(27)	(90)	(92)
Single Family Real Estate [Member]
Loans held for investment [Abstract]
Loan held for investment, gross	10,490		11,845
Allowance for loan losses	(108)		(92)	(88)	(98)
Consumer [Member]
Loans held for investment [Abstract]
Loan held for investment, gross	133		94
Allowance for loan losses	$ (2)		$ (3)	$ 0	$ 0
[1]	As of December 31, 2020, the SBA loan portfolio included $69.5 million of SBA PPP loans.

LOANS HELD FOR INVESTMENT, Fina

LOANS HELD FOR INVESTMENT, Financing Receivables Past Due (Details) - USD ($) $ in Thousands	Dec. 31, 2020		Dec. 31, 2019	Dec. 31, 2018
Aging of loans held for investment [Abstract]
Current	$ 822,219		$ 729,005
Total past due	1,889		1,947
Nonaccrual	3,872		2,679	$ 6,226
Total loans held for investment	827,980		733,631
Recorded investment over 90 days and accruing	0		0
30 to 59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	1,808		1,701
60 to 89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	81		246
Over 90 Days Past Due
Aging of loans held for investment [Abstract]
Total past due	0		0
Manufactured Housing [Member]
Aging of loans held for investment [Abstract]
Current	277,873		256,251
Total past due	1,797		402
Nonaccrual	614		594
Total loans held for investment	280,284		257,247
Recorded investment over 90 days and accruing	0		0
Manufactured Housing [Member] | 30 to 59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	1,716		156
Manufactured Housing [Member] | 60 to 89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	81		246
Manufactured Housing [Member] | Over 90 Days Past Due
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	402,148		385,642
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Aging of loans held for investment [Abstract]
Current	360,345		327,255
Total past due	0		0
Nonaccrual	0		84
Total loans held for investment	360,345		327,339
Recorded investment over 90 days and accruing	0		0
Commercial Real Estate [Member] | Commercial Real Estate [Member] | 30 to 59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0		0
Commercial Real Estate [Member] | Commercial Real Estate [Member] | 60 to 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
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	16,423		17,151
Total past due	0		1,401
Nonaccrual	1,469		0
Total loans held for investment	17,892		18,552
Recorded investment over 90 days and accruing	0		0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | 30 to 59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0		1,401
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | 60 to 89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0		0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | Over 90 Days Past Due
Aging of loans held for investment [Abstract]
Total past due	0		0
Commercial Real Estate [Member] | Land [Member]
Aging of loans held for investment [Abstract]
Current	6,528		4,457
Total past due	0		0
Nonaccrual	0		0
Total loans held for investment	6,528		4,457
Recorded investment over 90 days and accruing	0		0
Commercial Real Estate [Member] | Land [Member] | 30 to 59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0		0
Commercial Real Estate [Member] | Land [Member] | 60 to 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
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	17,383		35,294
Total past due	0		0
Nonaccrual	0		0
Total loans held for investment	17,383		35,294
Recorded investment over 90 days and accruing	0		0
Commercial Real Estate [Member] | Construction [Member] | 30 to 59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0		0
Commercial Real Estate [Member] | Construction [Member] | 60 to 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
Aging of loans held for investment [Abstract]
Total past due	0		0
Commercial [Member]
Aging of loans held for investment [Abstract]
Current	56,451		68,224
Total past due	92		0
Nonaccrual	1,390		1,619
Total loans held for investment	57,933		69,843
Recorded investment over 90 days and accruing	0		0
Commercial [Member] | 30 to 59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	92		0
Commercial [Member] | 60 to 89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0		0
Commercial [Member] | Over 90 Days Past Due
Aging of loans held for investment [Abstract]
Total past due	0		0
SBA [Member]
Aging of loans held for investment [Abstract]
Current	72,856		3,935
Total past due	0		112
Nonaccrual	275		382
Total loans held for investment	73,131	[1]	4,429
Recorded investment over 90 days and accruing	0		0
SBA [Member] | 30 to 59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0		112
SBA [Member] | 60 to 89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0		0
SBA [Member] | Over 90 Days Past Due
Aging of loans held for investment [Abstract]
Total past due	0		0
HELOC [Member]
Aging of loans held for investment [Abstract]
Current	3,861		4,531
Total past due	0		0
Nonaccrual	0		0
Total loans held for investment	3,861		4,531
Recorded investment over 90 days and accruing	0		0
HELOC [Member] | 30 to 59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0		0
HELOC [Member] | 60 to 89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0		0
HELOC [Member] | Over 90 Days Past Due
Aging of loans held for investment [Abstract]
Total past due	0		0
Single Family Real Estate [Member]
Aging of loans held for investment [Abstract]
Current	10,366		11,813
Total past due	0		32
Nonaccrual	124		0
Total loans held for investment	10,490		11,845
Recorded investment over 90 days and accruing	0		0
Single Family Real Estate [Member] | 30 to 59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0		32
Single Family Real Estate [Member] | 60 to 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
Aging of loans held for investment [Abstract]
Total past due	0		0
Consumer [Member]
Aging of loans held for investment [Abstract]
Current	133		94
Total past due	0		0
Nonaccrual	0		0
Total loans held for investment	133		94
Recorded investment over 90 days and accruing	0		0
Consumer [Member] | 30 to 59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0		0
Consumer [Member] | 60 to 89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0		0
Consumer [Member] | Over 90 Days Past Due
Aging of loans held for investment [Abstract]
Total past due	$ 0		$ 0
[1]	As of December 31, 2020, the SBA loan portfolio included $69.5 million of SBA PPP loans.

LOANS HELD FOR INVESTMENT, Allo

LOANS HELD FOR INVESTMENT, Allowance for Credit Losses by Portfolio Type (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Summary of allowance for loan losses [Roll Forward]
Beginning balance				$ 8,717				$ 8,691	$ 8,717	$ 8,691	$ 8,420
Charge-offs									0	(31)	(133)
Recoveries									254	222	390
Net recoveries (charge-offs)									254	191	257
Provision (credit)	$ (44)	$ 113	$ 762	392	$ (210)	$ (75)	$ 177	(57)	1,223	(165)	14
Ending balance	10,194				8,717				10,194	8,717	8,691
Reserve for credit losses on undisbursed loans	92				85				92	85
Manufactured Housing [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance				2,184				2,196	2,184	2,196	2,180
Charge-offs									0	0	(6)
Recoveries									27	54	120
Net recoveries (charge-offs)									27	54	114
Provision (credit)									401	(66)	(98)
Ending balance	2,612				2,184				2,612	2,184	2,196
Commercial Real Estate [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance				5,217				5,028	5,217	5,028	4,844
Charge-offs									0	0	0
Recoveries									80	52	15
Net recoveries (charge-offs)									80	52	15
Provision (credit)									653	137	169
Ending balance	5,950				5,217				5,950	5,217	5,028
Commercial [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance				1,162				1,210	1,162	1,210	1,133
Charge-offs									0	(31)	(127)
Recoveries									133	60	66
Net recoveries (charge-offs)									133	29	(61)
Provision (credit)									84	(77)	138
Ending balance	1,379				1,162				1,379	1,162	1,210
SBA [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance				32				79	32	79	73
Charge-offs									0	0	0
Recoveries									7	50	133
Net recoveries (charge-offs)									7	50	133
Provision (credit)									79	(97)	(127)
Ending balance	118				32				118	32	79
HELOC [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance				27				90	27	90	92
Charge-offs									0	0	0
Recoveries									6	5	55
Net recoveries (charge-offs)									6	5	55
Provision (credit)									(8)	(68)	(57)
Ending balance	25				27				25	27	90
Single Family Real Estate [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance				92				88	92	88	98
Charge-offs									0	0	0
Recoveries									1	1	1
Net recoveries (charge-offs)									1	1	1
Provision (credit)									15	3	(11)
Ending balance	108				92				108	92	88
Consumer [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance				$ 3				$ 0	3	0	0
Charge-offs									0	0	0
Recoveries									0	0	0
Net recoveries (charge-offs)									0	0	0
Provision (credit)									(1)	3	0
Ending balance	$ 2				$ 3				$ 2	$ 3	$ 0

LOANS HELD FOR INVESTMENT, Impa

LOANS HELD FOR INVESTMENT, Impaired Financing Receivables (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	$ 5,081	$ 6,172
Impaired loans with no allowance recorded	7,418	6,656
Total loans individually evaluated for impairment	12,499	12,828
Loans collectively evaluated for impairment	815,481	720,803
Total loans held for investment	827,980	733,631
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	5,081	6,172
Impaired loans with no allowance recorded	9,190	8,268
Total loans individually evaluated for impairment	14,271	14,440
Loans collectively evaluated for impairment	815,481	720,803
Total loans held for investment	829,752	735,243
Related Allowance for Loan Losses [Abstract]
Impaired loans with an allowance recorded	311	352
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	311	352
Loans collectively evaluated for impairment	9,883	8,365
Total loans held for investment	10,194	8,717
Total impaired loans	12,499	12,828
Loans Guaranteed by Government Agencies [Member]
Related Allowance for Loan Losses [Abstract]
Total impaired loans	700	600
Manufactured Housing [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	4,402	5,702
Impaired loans with no allowance recorded	2,294	2,296
Total loans individually evaluated for impairment	6,696	7,998
Loans collectively evaluated for impairment	273,588	249,249
Total loans held for investment	280,284	257,247
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	4,402	5,702
Impaired loans with no allowance recorded	3,066	3,134
Total loans individually evaluated for impairment	7,468	8,836
Loans collectively evaluated for impairment	273,588	249,249
Total loans held for investment	281,056	258,085
Related Allowance for Loan Losses [Abstract]
Impaired loans with an allowance recorded	279	334
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	279	334
Loans collectively evaluated for impairment	2,333	1,850
Total loans held for investment	2,612	2,184
Total impaired loans	6,696	7,998
Commercial Real Estate [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	230	0
Impaired loans with no allowance recorded	1,468	318
Total loans individually evaluated for impairment	1,698	318
Loans collectively evaluated for impairment	400,450	385,324
Total loans held for investment	402,148	385,642
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	230	0
Impaired loans with no allowance recorded	1,474	384
Total loans individually evaluated for impairment	1,704	384
Loans collectively evaluated for impairment	400,450	385,324
Total loans held for investment	402,154	385,708
Related Allowance for Loan Losses [Abstract]
Impaired loans with an allowance recorded	16	0
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	16	0
Loans collectively evaluated for impairment	5,934	5,217
Total loans held for investment	5,950	5,217
Commercial [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	1,504	1,802
Total loans individually evaluated for impairment	1,504	1,802
Loans collectively evaluated for impairment	56,429	68,041
Total loans held for investment	57,933	69,843
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	1,844	2,156
Total loans individually evaluated for impairment	1,844	2,156
Loans collectively evaluated for impairment	56,429	68,041
Total loans held for investment	58,273	70,197
Related Allowance for Loan 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	1,379	1,162
Total loans held for investment	1,379	1,162
Total impaired loans	1,504	1,802
SBA [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	292	382
Total loans individually evaluated for impairment	292	382
Loans collectively evaluated for impairment	72,839	4,047
Total loans held for investment	73,131	4,429
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	946	736
Total loans individually evaluated for impairment	946	736
Loans collectively evaluated for impairment	72,839	4,047
Total loans held for investment	73,785	4,783
Related Allowance for Loan 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	118	32
Total loans held for investment	118	32
Total impaired loans	292	382
HELOC [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	3,861	4,531
Total loans held for investment	3,861	4,531
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	3,861	4,531
Total loans held for investment	3,861	4,531
Related Allowance for Loan 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	25	27
Total loans held for investment	25	27
Total impaired loans	0	0
Single Family Real Estate [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	449	470
Impaired loans with no allowance recorded	1,860	1,858
Total loans individually evaluated for impairment	2,309	2,328
Loans collectively evaluated for impairment	8,181	9,517
Total loans held for investment	10,490	11,845
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	449	470
Impaired loans with no allowance recorded	1,860	1,858
Total loans individually evaluated for impairment	2,309	2,328
Loans collectively evaluated for impairment	8,181	9,517
Total loans held for investment	10,490	11,845
Related Allowance for Loan Losses [Abstract]
Impaired loans with an allowance recorded	16	18
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	16	18
Loans collectively evaluated for impairment	92	74
Total loans held for investment	108	92
Total impaired loans	2,309	2,328
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	133	94
Total loans held for investment	133	94
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	133	94
Total loans held for investment	133	94
Related Allowance for Loan 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	2	3
Total loans held for investment	2	3
Total impaired loans	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Im_2

LOANS HELD FOR INVESTMENT, Impaired Loans by Class of Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	$ 12,499	$ 12,828
Manufactured Housing [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	6,696	7,998
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	0	84
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	1,698	234
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	1,504	1,802
SBA [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	292	382
HELOC [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	0	0
Single Family Real Estate [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	2,309	2,328
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	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	$ 12,351	$ 18,504	$ 20,049
Interest income	758	1,001	1,324
Manufactured Housing [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	7,483	9,171	8,709
Interest income	556	640	887
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	67	104	108
Interest income	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	527	190	341
Interest income	71	27	19
Commercial Real Estate [Member] | Land [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	0	0	0
Interest income	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
Interest income	0	0	0
Commercial [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	1,660	5,491	7,520
Interest income	7	164	245
SBA [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	335	970	874
Interest income	1	32	18
HELOC [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	0	127	199
Interest income	0	11	11
Single Family Real Estate [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	2,279	2,451	2,298
Interest income	123	127	144
Consumer [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	0	0	0
Interest income	$ 0	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Reco

LOANS HELD FOR INVESTMENT, Recorded Investment in Certain Types of Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Financing receivable recorded investment [Abstract]
Nonaccrual loans	$ 3,872	$ 2,679	$ 6,226
SBA guaranteed portion of loans included above	207	290	2,848
Troubled debt restructured loans, gross	11,141	10,774	16,749
Loans 30 through 89 days past due with interest accruing	1,889	1,947	0
Interest income recognized on impaired loans	758	1,001	1,324
Foregone interest on nonaccrual and troubled debt restructured loans	$ 254	$ 512	$ 454
Allowance for loan losses to gross loans held for investment	1.23%	1.19%	1.21%
Period past due after which accrual of interest is discontinued	90 days

LOANS HELD FOR INVESTMENT, Nona

LOANS HELD FOR INVESTMENT, Nonaccrual Loans, Net of SBA Guarantee (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	$ 3,872	$ 2,679	$ 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	$ 200	300
Manufactured Housing [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	614	594
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	0	84
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	1,469	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	1,390	1,619
SBA [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	275	382
HELOC [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	0	0
Single Family Real Estate [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	124	0
Consumer [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Cred

LOANS HELD FOR INVESTMENT, Credit Quality Indicators (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Gross loans by risk rating [Abstract]
Total loans held for investment, net	$ 751,458	$ 731,234
Total loans held for investment	827,980	733,631
Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	721,651	721,534
Total loans held for investment	794,527	721,534
Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	7,122	3,705
Total loans held for investment	7,122	5,235
Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	22,685	5,995
Total loans held for investment	26,331	6,862
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	76,522	2,397
Government Guarantee [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	72,876	0
Government Guarantee [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	1,530
Government Guarantee [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	3,646	867
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	280,284	257,247
Manufactured Housing [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	278,826	256,430
Manufactured Housing [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
Manufactured Housing [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	1,458	817
Manufactured Housing [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
Commercial Real Estate [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	402,148	385,642
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	359,018	327,339
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	340,391	323,748
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	6,265	3,507
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	12,362	84
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	17,892	18,552
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	14,877	18,250
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	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	3,015	302
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
Commercial Real Estate [Member] | Land [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	6,528	4,457
Commercial Real Estate [Member] | Land [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	6,528	4,457
Commercial Real Estate [Member] | Land [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
Commercial Real Estate [Member] | Land [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
Commercial Real Estate [Member] | Land [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
Commercial Real Estate [Member] | Construction [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	17,383	35,294
Commercial Real Estate [Member] | Construction [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	15,344	33,280
Commercial Real Estate [Member] | Construction [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
Commercial Real Estate [Member] | Construction [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	2,039	2,014
Commercial Real Estate [Member] | Construction [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
Commercial [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	53,018	68,314
Commercial [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	48,776	66,525
Commercial [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	823	170
Commercial [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	3,419	1,619
Commercial [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
SBA [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	2,851	3,561
SBA [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	2,554	2,379
SBA [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	34	28
SBA [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	263	1,154
SBA [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
HELOC [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	3,861	4,531
HELOC [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	3,861	4,531
HELOC [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
HELOC [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
HELOC [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
Single Family Real Estate [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	10,490	11,845
Single Family Real Estate [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	10,361	11,840
Single Family Real Estate [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
Single Family Real Estate [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	129	5
Single Family Real Estate [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
Consumer [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	133	94
Consumer [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	133	94
Consumer [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
Consumer [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
Consumer [Member] | Doubtful [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Trou

LOANS HELD FOR INVESTMENT, Troubled Debt Restructuring (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)Loan	Dec. 31, 2019USD ($)Loan	Dec. 31, 2018USD ($)Loan
Troubled Debt Restructured Loans [Abstract]
Number of loans | Loan	7	2	15
Pre-modification recorded investment	$ 1,542	$ 73	$ 2,827
Post modification recorded investment	1,542	73	2,993
Balance of loans	11,141	10,774	16,749
Effect on allowance for loan losses	$ 34	$ 2	66
Rate concession	1.00%	0.82%
Term extension	181 months	147 months
Rate Reduction [Member]
Troubled Debt Restructured Loans [Abstract]
Balance of loans	$ 56	$ 73	1,100
Term Extension [Member]
Troubled Debt Restructured Loans [Abstract]
Balance of loans	$ 56	$ 25	$ 2,993
Manufactured Housing [Member]
Troubled Debt Restructured Loans [Abstract]
Number of loans | Loan	5	1	12
Pre-modification recorded investment	$ 56	$ 25	$ 1,047
Post modification recorded investment	56	25	1,213
Effect on allowance for loan losses	1	2	66
Manufactured Housing [Member] | Rate Reduction [Member]
Troubled Debt Restructured Loans [Abstract]
Balance of loans	56	25	1,100
Manufactured Housing [Member] | Term Extension [Member]
Troubled Debt Restructured Loans [Abstract]
Balance of loans	$ 56	$ 25	$ 1,213
Commercial Real Estate [Member]
Troubled Debt Restructured Loans [Abstract]
Number of loans | Loan			3
Pre-modification recorded investment			$ 1,780
Post modification recorded investment			1,780
Effect on allowance for loan losses			0
Commercial Real Estate [Member] | Rate Reduction [Member]
Troubled Debt Restructured Loans [Abstract]
Balance of loans			0
Commercial Real Estate [Member] | Term Extension [Member]
Troubled Debt Restructured Loans [Abstract]
Balance of loans			$ 1,780
Commercial [Member]
Troubled Debt Restructured Loans [Abstract]
Number of loans | Loan	1
Pre-modification recorded investment	$ 1,469
Post modification recorded investment	1,469
Effect on allowance for loan losses	33
Commercial [Member] | Rate Reduction [Member]
Troubled Debt Restructured Loans [Abstract]
Balance of loans	0
Commercial [Member] | Term Extension [Member]
Troubled Debt Restructured Loans [Abstract]
Balance of loans	$ 0
SBA [Member]
Troubled Debt Restructured Loans [Abstract]
Number of loans | Loan	1	1
Pre-modification recorded investment	$ 17	$ 48
Post modification recorded investment	17	48
Effect on allowance for loan losses	0	0
SBA [Member] | Rate Reduction [Member]
Troubled Debt Restructured Loans [Abstract]
Balance of loans	0	48
SBA [Member] | Term Extension [Member]
Troubled Debt Restructured Loans [Abstract]
Balance of loans	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Tr_2

LOANS HELD FOR INVESTMENT, Troubled Debt Restructured Loans With Payment Defaults (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)Nonpayment	Dec. 31, 2019USD ($)
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

LOANS HELD FOR INVESTMENT, Rela

LOANS HELD FOR INVESTMENT, Related Parties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Loans and Leases Receivable, Related Parties [Roll Forward]
Balance, beginning	$ 3,162	$ 3,505
New loans	0	0
Repayments and other	(173)	(343)
Balance, ending	2,989	3,162
Loan commitments outstanding with related parties	$ 800	$ 300

PREMISES AND EQUIPMENT (Details

PREMISES AND EQUIPMENT (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Premises and equipment [Abstract]
Premises and equipment, gross	$ 19,897	$ 20,149
Accumulated depreciation	(12,743)	(12,494)
Premises and equipment, net	7,154	7,655
Minimum lease commitments [Abstract]
2021	992
2022	887
2023	813
2024	821
2025	768
Thereafter	2,586
Total	6,867
Rent expense included in occupancy expense	1,200	1,300	$ 1,200
Depreciation expense included in occupancy expense	821	864	$ 764
Bank Premises and Land [Member]
Premises and equipment [Abstract]
Premises and equipment, gross	3,959	3,959
Furniture, Fixtures and Equipment [Member]
Premises and equipment [Abstract]
Premises and equipment, gross	10,892	11,077
Leasehold Improvements [Member]
Premises and equipment [Abstract]
Premises and equipment, gross	4,986	5,106
Construction in Progress [Member]
Premises and equipment [Abstract]
Premises and equipment, gross	$ 60	$ 7

OTHER ASSETS ACQUIRED THROUGH_3

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE [Abstract]
Balance, beginning of period	$ 2,524	$ 0	$ 372
Additions	106	3,401	174
Proceeds from dispositions	0	(844)	(484)
Gains (losses) on sales, net	(16)	(33)	(62)
Balance, end of period	$ 2,614	$ 2,524	$ 0

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Current [Abstract]
Federal									$ 2,874	$ 2,402	$ 2,130
State									1,595	1,337	1,208
Current income tax expense (benefit)									4,469	3,739	3,338
Deferred [Abstract]
Federal									(651)	(242)	(421)
State									(308)	(86)	(108)
Deferred income tax expense (benefit)									(959)	(328)	(529)
Total provision for income taxes	$ 1,111	$ 1,209	$ 496	$ 694	$ 1,179	$ 902	$ 673	$ 657	$ 3,510	$ 3,411	$ 2,809
Reconciliation between statutory income tax rate and effective tax rate [Abstract]
Federal income tax at statutory rate									21.00%	21.00%	21.00%
State franchise tax, net of federal benefit									8.60%	8.60%	8.60%
Other									0.40%	0.40%	(2.10%)
Tax law change									0.00%	0.00%	0.00%
Total provision for income taxes									30.00%	30.00%	27.50%
Deferred Tax Assets [Abstract]
Allowance for loan losses	3,147				2,663				$ 3,147	$ 2,663
Unrealized loss of AFS securities	0				14				0	14
Other	3,090				2,446				3,090	2,446
Total gross deferred tax assets	6,237				5,123				6,237	5,123
Total deferred tax assets	6,237				5,123				6,237	5,123
Deferred Tax Liabilities [Abstract]
Deferred state taxes	(330)				(266)				(330)	(266)
Depreciation	(609)				(653)				(609)	(653)
Unrealized gain on AFS securities	(33)				0				(33)	0
Other	(1,308)				(1,032)				(1,308)	(1,032)
Total deferred tax liabilities	(2,280)				(1,951)				(2,280)	(1,951)
Net deferred tax asset	3,957				3,172				3,957	3,172
Uncertain tax positions	$ 0				$ 0				$ 0	$ 0

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Summary of deposits by type [Abstract]
Non-interest-bearing demand deposits	$ 181,837	$ 110,843
Interest-bearing deposits [Abstract]
NOW accounts	35,414	25,523
Money market deposit account	362,687	288,755
Savings accounts	18,736	15,689
Time deposits of $250,000 or more	30,536	96,431
Other time deposits	136,975	213,693
Total deposits	766,185	750,934
Deposit liabilities that may be immediately withdrawn	598,700
Maturities of time certificates [Abstract]
2021	142,914
2022	15,888
2023	5,789
2024	1,800
2025	1,120
Thereafter	0
Total	167,511
Deposits with CDARS	24,700	28,700
Deposit Liabilities, ICS	77,200	54,500
Deposits from related parties	$ 42,900	$ 27,100

OTHER BORROWINGS (Details)

OTHER BORROWINGS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Jul. 31, 2019
FHLB advances by maturity date [Abstract]
Amount	$ 105,000	$ 65,000
Financial Home Loan Bank Advances [Abstract]
Letter of credit with FHLB	38,000
Securities pledged to FHLB	18,900	25,600
Loans pledged to FHLB	304,700	324,200
Available for additional borrowing	81,400	60,500
Total FHLB interest expense	1,400	1,200	$ 1,000
Federal Funds Purchased Lines [Abstract]
Federal funds borrowing lines at correspondent banks	20,000
Federal funds amount outstanding	$ 0	$ 0
Weighted Average [Member]
FHLB advances by maturity date [Abstract]
Rate	1.03%	2.29%
FHLB Advance March 30, 2020 [Member]
FHLB advances by maturity date [Abstract]
Amount	$ 0	$ 5,000
Rate	0.00%	2.56%
Maturity date	Mar. 30, 2020
FHLB Advance April 3, 2020 [Member]
FHLB advances by maturity date [Abstract]
Amount	$ 0	$ 15,000
Rate	0.00%	2.54%
Maturity date	Apr. 3, 2020
FHLB Advance April 27, 2020 [Member]
FHLB advances by maturity date [Abstract]
Amount	$ 0	$ 5,000
Rate	0.00%	2.49%
Maturity date	Apr. 27, 2020
FHLB Advance May 29, 2020 [Member]
FHLB advances by maturity date [Abstract]
Amount	$ 0	$ 5,000
Rate	0.00%	2.35%
Maturity date	May 29, 2020
FHLB Advance October 2, 2020 [Member]
FHLB advances by maturity date [Abstract]
Amount	$ 0	$ 20,000
Rate	0.00%	1.74%
Maturity date	Oct. 2, 2020
FHLB Advance April 5, 2021 [Member]
FHLB advances by maturity date [Abstract]
Amount	$ 10,000	$ 10,000
Rate	2.65%	2.65%
Maturity date	Apr. 5, 2021
FHLB Advance May 10, 2021 [Member]
FHLB advances by maturity date [Abstract]
Amount	$ 5,000	$ 5,000
Rate	2.44%	2.00%
Maturity date	May 10, 2021
FHLB Advance March 28, 2022 [Member]
FHLB advances by maturity date [Abstract]
Amount	$ 30,000	$ 0
Rate	0.82%	0.00%
Maturity date	Mar. 28, 2022
FHLB Advance March 28, 2022 [Member]
FHLB advances by maturity date [Abstract]
Amount	$ 15,000	$ 0
Rate	0.69%	0.00%
Maturity date	Mar. 28, 2022
FHLB Advance April 15, 2025 [Member]
FHLB advances by maturity date [Abstract]
Amount	$ 39,000	$ 0
Rate	0.78%	0.00%
Maturity date	Apr. 15, 2025
FHLB Advance April 15, 2025 [Member]
FHLB advances by maturity date [Abstract]
Amount	$ 6,000	$ 0
Rate	0.76%	0.00%
Maturity date	Apr. 15, 2025
Line of Credit [Member]
Line of Credit [Abstract]
Maximum borrowing capacity				$ 10,000
Maturity date	Jul. 30, 2022
Percentage of compensating deposit with the lender	25.00%
Required compensating deposit		$ 0
Minimum debt service coverage ratio	1.65
Minimum Tier 1 leverage ratio	7.00%
Minimum total risk-based capital ratio	10.00%
Outstanding balance	$ 0	0
Federal Reserve Bank Advances [Member]
Line of Credit [Abstract]
Outstanding balance	$ 0	0
Period for advances to be collateralized	28 days
Available borrowing capacity	$ 102,700	$ 108,300

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Fair Value, Off-balance Sheet Risks, Disclosure Information [Abstract]
Contractual amounts for unfunded commitments and letters of credit	$ 59,539,000	$ 68,193,000
Unfunded Commitments and Letters of Credit [Abstract]
Loss contingency for unfunded loan commitments and letters of credit	92,000	85,000
Loan Sales and Servicing [Abstract]
Outstanding balance of the sold portion loans	$ 116,600,000	76,300,000
Salary Continuation [Abstract]
Maximum period of monthly cash payment to the officer or beneficiaries in the event of death, disability or retirement	15 years
Insurance policy purchased	$ 7,500,000
Salary continuation liability accrual	1,000,000	800,000
Cash surrender value of life insurance	$ 9,600,000	$ 6,900,000
Manufactured Housing [Member]
Concentrations of Lending Activities [Abstract]
Percentage of loans to total loans	32.70%	33.20%
Commercial Real Estate [Member]
Concentrations of Lending Activities [Abstract]
Percentage of loans to total loans	46.90%	49.70%
Loans secured by first liens, average loan to value ratio	53.80%	54.30%
Commercial Real Estate [Member] | Owner Occupied [Member]
Concentrations of Lending Activities [Abstract]
Percentage of Commercial Real Estate loans	28.90%	31.90%
Commitments to Extend Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Abstract]
Contractual amounts for unfunded commitments and letters of credit	$ 59,488,000	$ 67,538,000
Standby Letters of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Abstract]
Contractual amounts for unfunded commitments and letters of credit	$ 51,000	$ 655,000

STOCKHOLDERS' EQUITY, Common St

STOCKHOLDERS' EQUITY, Common Stock Warrants and Common Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Feb. 28, 2019
Common Stock [Abstract]
Common stock dividend paid		$ 1,652	$ 1,821	$ 1,581
Common Stock Warrant [Member]
Common Stock Warrant [Abstract]
Exercise price of warrants (in dollars per shares)		$ 4.49
Number of shares issued for warrants exercised ( in shares)	300,401
Term of warrants		10 years
Common Stock Warrant [Member] | Maximum [Member]
Common Stock Warrant [Abstract]
Number of shares that can be issued against warrants (in shares)		521,158
Common Stock [Member]
Common Stock [Abstract]
Common stock dividend paid		$ 1,700	$ 1,800
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)		350,189
Common stock shares repurchased during the period (in shares)		0
Common stock shares repurchased to date, value		$ 3,100
Common stock shares repurchased to date, average price (in dollars per share)		$ 8.75

STOCKHOLDERS' EQUITY, Equity Co

STOCKHOLDERS' EQUITY, Equity Compensation Plans (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)Plan$ / sharesshares	Dec. 31, 2019USD ($)$ / sharesshares	Dec. 31, 2018USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Number of stock equity plans | Plan	2
Unvested stock option expense | $	$ 400	$ 600	$ 700
Period for recognition of stock option expense	3 years	3 years	3 years 2 months 12 days
Intrinsic value of options exercised | $	$ 1	$ 100	$ 600
Option-pricing model assumptions [Abstract]
Expected life in years	6 years 3 months 18 days	6 years 2 months 12 days	6 years 3 months 18 days
Risk-free interest rate	0.66%	2.41%	2.85%
Expected volatility	24.20%	27.60%	34.70%
Annual dividend rate	2.54%	2.00%	1.64%
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Vesting period	5 years
Contractual life	10 years
Number of shares available for grant (in shares)	550,700
Option Shares [Roll Forward]
Outstanding options, beginning of period (in shares)	731,000	679,000	680,000
Granted (in shares)	84,000	126,000	136,000
Exercised (in shares)	(1,000)	(39,000)	(102,000)
Forfeited or expired (in shares)	(83,000)	(35,000)	(35,000)
Outstanding options, end of period (in shares)	731,000	731,000	679,000
Options exercisable, end of period (in shares)	494,000	394,000	340,000
Options expected to vest, end of period (in shares)	674,000	644,000	588,000
Weighted Average Exercise Price [Abstract]
Outstanding options, beginning of period (in dollars per share) | $ / shares	$ 8.74	$ 8.32	$ 7.21
Granted (in dollars per share) | $ / shares	7.89	10.19	11.61
Exercised (in dollars per share) | $ / shares	6.78	6.92	5.39
Forfeited or expired (in dollars per share) | $ / shares	9.70	7.81	8.16
Outstanding options, end of period (in dollars per share) | $ / shares	8.53	8.74	8.32
Options exercisable, end of period (in dollars per share) | $ / shares	7.93	7.77	7.39
Options expected to vest, end of period (in dollars per share) | $ / shares	$ 8.42	$ 8.52	$ 8.08
Weighted Average Remaining Term [Abstract]
Outstanding options	6 years 2 months 12 days	6 years 10 months 24 days	7 years 4 months 24 days
Options exercisable	5 years 6 months	5 years 10 months 24 days	6 years 7 months 6 days
Options expected to vest	6 years 1 month 6 days	6 years 8 months 12 days	7 years 2 months 12 days
Aggregate Intrinsic Value [Abstract]
Outstanding options, end of period | $	$ 764	$ 1,805	$ 1,400
Options exercisable, end of period | $	677	1,337	945
Options expected to vest, end of period | $	$ 745	$ 1,721	$ 1,318
Number of Option Shares [Roll Forward]
Unvested options, beginning of period (in shares)	337,000
Granted (in shares)	84,000	126,000	136,000
Vested (in shares)	(125,000)
Forfeited (in shares)	(58,000)
Unvested options, end of period (in shares)	238,000	337,000
Weighted Average Grant-Date Fair Value [Roll Forward]
Unvested options, beginning of period (in dollars per share) | $ / shares	$ 3.29
Granted (in dollars per share) | $ / shares	1.33
Vested (in dollars per share) | $ / shares	2.89
Forfeited (in dollars per share) | $ / shares	2.94
Unvested options, end of period (in dollars per share) | $ / shares	$ 2.90	$ 3.29
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Outstanding restricted stock grants (in shares)	0
Shares repurchased during the period (in shares)	0

CAPITAL REQUIREMENTS (Details)

CAPITAL REQUIREMENTS (Details)	Dec. 31, 2020	Dec. 31, 2019
Regulatory Ratios [Abstract]
Total capital ratio, minimum capital ratios	0.0800	0.0800
Total capital ratio, well-capitalized ratios	0.1000	0.1000
Total capital ratio, minimum capital requirements including fully-phased in capital conservation buffer (2019)	0.1050	0.1050
Tier 1 risk-based capital ratio, minimum capital ratios	0.0600	0.0600
Tier 1 risk-based capital ratio, well-capitalized ratios	0.0800	0.0800
Tier 1 risk-based capital ratio, minimum capital requirements including fully-phased in capital conservation buffer (2019)	0.0850	0.0850
Common Equity Tier 1 ratio, minimum capital ratios	0.0450	0.0450
Common Equity Tier 1 ratio, well-capitalized ratios	0.0650	0.0650
Common Equity Tier 1 ratio, minimum capital requirements including fully-phased in capital conservation buffer (2019)	0.0700	0.0700
Tier 1 leverage ratio, minimum capital ratios	0.0400	0.0400
Community banking leverage ratio, minimum capital requirements	0.0800
Community banking leverage ratio, well-capitalized requirements	0.0800
CWB [Member]
Regulatory Ratios [Abstract]
Total capital ratio	0.1227	0.1141
Tier 1 risk-based capital ratio	0.1102	0.1028
Common Equity Tier 1 ratio	0.1102	0.1028
Tier 1 leverage ratio	0.0929	0.0906
Community banking leverage ratio	0.0929

REVENUE RECOGNITION (Details)

REVENUE RECOGNITION (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Noninterest Income [Abstract]
Non-interest income (in-scope of Topic 606)									$ 455	$ 666	$ 555
Non-interest income (out-of-scope of Topic 606)									3,457	2,941	2,073
Total non-interest income	$ 970	$ 1,352	$ 640	$ 950	$ 1,664	$ 647	$ 692	$ 604	3,912	3,607	2,628
Service Charges on Deposit Accounts [Member]
Noninterest Income [Abstract]
Non-interest income (in-scope of Topic 606)									298	507	369
Exchange Fees and Other Service Charges [Member]
Noninterest Income [Abstract]
Non-interest income (in-scope of Topic 606)									$ 157	$ 159	$ 186

LEASES (Details)

LEASES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Operating leases [Abstract]
Operating lease, right-of-use assets	$ 5,900
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:OtherAssets
Lease cost [Abstract]
Operating lease cost	$ 1,072	$ 1,137
Sublease income	0	0
Total lease cost	1,072	1,137
Other information [Abstract]
Cash paid for amounts included in the measurement of lease liabilities	0	0
Operating cash flows from operating leases	$ 1,042	$ 1,117
Weighted average remaining lease term in years - operating leases	8 years 9 months 4 days	9 years 7 months 13 days
Weighted average discount rate - operating leases	3.23%	3.23%
Future minimum operating lease payments [Abstract]
Due in Year One	$ 992	$ 1,015
Due in Year Two	887	884
Due in Year Three	813	779
Due in Year Four	821	705
Due in Year Five	768	713
Due in Year Six		705
Thereafter	2,586
Thereafter		2,586
Total future minimum lease payments	6,867	7,387
Less remaining imputed interest	912	1,071
Total lease liabilities	$ 5,955	$ 6,316
Operating Lease, Liability, Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilities	us-gaap:OtherLiabilities
Minimum [Member]
Operating leases [Abstract]
Term of operating leases	2 years
Maximum [Member]
Operating leases [Abstract]
Term of operating leases	10 years

EMPLOYEE BENEFIT PLANS (Details

EMPLOYEE BENEFIT PLANS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
EMPLOYEE BENEFIT PLANS [Abstract]
Defined Contribution Plan, Tax Status [Extensible List]	us-gaap:QualifiedPlanMember
Defined Contribution Plan, Type [Extensible List]	us-gaap:PensionPlansDefinedBenefitMember
Maximum amount of annual contribution per participant under age 50	$ 19,000
Percentage of maximum matching contribution by employer	3.00%
Employer contribution	$ 400,000	$ 400,000	$ 400,000
Executive Officers [Member] | Deferred Compensation Plans [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Abstract]
Age of vesting	65 years
Expenses incurred	$ 300,000	300,000	$ 300,000
Deferred compensation liability	$ 1,700,000	$ 1,300,000
Select Group of Management or Highly Compensated Employees [Member] | Unfunded Nonqualified Deferred Compensation Arrangement [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Abstract]
Maximum percentage of deferred base salary and bonus	30.00%
Period of certificate of deposit rate paid on vested balance	36 months

FAIR VALUE MEASUREMENTS, Fair V

FAIR VALUE MEASUREMENTS, Fair Value of Assets Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Assets [Abstract]
Investment securities - measured at fair value	$ 149	$ 167
Servicing assets	43	40	$ 49
Recurring [Member]
Assets [Abstract]
Investment securities - measured at fair value	149	167
Investment securities available-for-sale	14,257	19,264
Interest only strips	27	41
Servicing assets	1,461	846
Total	15,894	20,318
Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets [Abstract]
Investment securities - measured at fair value	149	167
Investment securities available-for-sale	0	0
Interest only strips	0	0
Servicing assets	0	0
Total	149	167
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Investment securities - measured at fair value	0	0
Investment securities available-for-sale	14,257	19,264
Interest only strips	0	0
Servicing assets	0	0
Total	12,759	19,264
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	27	41
Servicing assets	1,461	846
Total	$ 2,986	$ 887

FAIR VALUE MEASUREMENTS, Assets

FAIR VALUE MEASUREMENTS, Assets Measured on Non-recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Loans held-for-sale at carrying value	$ 31,229	$ 42,046
Non-recurring [Member]
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	3,910	2,334
Loans held for sale	34,383	42,900
Foreclosed real estate and repossessed assets	2,614	2,524
Total	40,907	47,758
Non-recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	0	0
Loans held for sale	0	0
Foreclosed real estate and repossessed assets	0	0
Total	0	0
Non-recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	3,910	2,334
Loans held for sale	34,383	42,900
Foreclosed real estate and repossessed assets	2,614	2,524
Total	40,907	47,758
Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	0	0
Loans held for sale	0	0
Foreclosed real estate and repossessed assets	0	0
Total	$ 0	$ 0

FAIR VALUE MEASUREMENTS, Fair_2

FAIR VALUE MEASUREMENTS, Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Carrying Amount [Member]
Financial assets [Abstract]
Cash and cash equivalents	$ 60,540	$ 82,661
FRB and FHLB stock	4,633	4,087
Investment securities	22,043	25,563
Loans, net	847,383	766,846
Financial liabilities [Abstract]
Deposits	766,185	750,934
Other borrowings	105,000	65,000
Fair Value [Member]
Financial assets [Abstract]
Cash and cash equivalents	60,540	82,661
FRB and FHLB stock	4,633	4,087
Investment securities	22,311	25,566
Loans, net	853,580	762,194
Financial liabilities [Abstract]
Deposits	765,565	751,398
Other borrowings	106,051	65,236
Fair Value [Member] | Level 1 [Member]
Financial assets [Abstract]
Cash and cash equivalents	60,540	82,661
FRB and FHLB stock	0	0
Investment securities	149	167
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	4,633	4,087
Investment securities	22,162	25,399
Loans, net	845,302	752,287
Financial liabilities [Abstract]
Deposits	765,565	751,398
Other borrowings	106,051	65,236
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	8,278	9,907
Financial liabilities [Abstract]
Deposits	0	0
Other borrowings	$ 0	$ 0

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Changes in other comprehensive income (loss) by component, net of tax [Roll Forward]
Balance	$ 81,978	$ 76,151	$ 70,070
Net current-period other comprehensive income (loss)	113	63	(107)
Balance	89,007	81,978	76,151
Unrealized Holding Gains (Losses) on AFS [Member]
Changes in other comprehensive income (loss) by component, net of tax [Roll Forward]
Balance	(78)	(141)	25
Other comprehensive income (loss) before reclassifications	113	63	(107)
Amounts reclassified from accumulated other comprehensive income (loss)	0	0	(59)
Net current-period other comprehensive income (loss)	113	63	(166)
Balance	$ 35	$ (78)	$ (141)

PARENT COMPANY FINANCIAL INFO_3

PARENT COMPANY FINANCIAL INFORMATION, Condensed Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Assets [Abstract]
Cash and cash equivalents (including interest-bearing deposits in other financial institutions)	$ 60,540	$ 82,661
Other assets	31,068	24,534
Total assets	975,435	913,870
Liabilities and Stockholders' Equity [Abstract]
Other liabilities	15,243	15,958
Total liabilities	886,428	831,892
Total stockholders' equity	89,007	81,978	$ 76,151	$ 70,070
Total liabilities and stockholders' equity	975,435	913,870
Parent Company [Member]
Assets [Abstract]
Cash and cash equivalents (including interest-bearing deposits in other financial institutions)	73	972
Investment in subsidiary	88,913	81,171
Other assets	169	168
Total assets	89,155	82,311
Liabilities and Stockholders' Equity [Abstract]
Other liabilities	148	333
Total liabilities	148	333
Total stockholders' equity	89,007	81,978
Total liabilities and stockholders' equity	$ 89,155	$ 82,311

PARENT COMPANY FINANCIAL INFO_4

PARENT COMPANY FINANCIAL INFORMATION, Condensed Income Statements (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Condensed Income Statements [Abstract]
Interest income	$ 10,986	$ 11,116	$ 10,777	$ 10,975	$ 11,628	$ 11,719	$ 11,367	$ 11,025	$ 43,854	$ 45,739	$ 42,631
Interest expense	1,193	1,564	1,996	2,512	2,790	2,921	2,869	2,802	7,265	11,382	8,988
Net interest income (expense)	9,793	9,552	8,781	8,463	8,838	8,798	8,498	8,223	36,589	34,357	33,643
Provision for loan losses	(44)	113	762	392	(210)	(75)	177	(57)	1,223	(165)	14
Net interest income after provision for loan losses	9,837	9,439	8,019	8,071	9,048	8,873	8,321	8,280	35,366	34,522	33,629
Total non-interest expenses	7,069	6,722	7,003	6,729	6,814	6,464	6,760	6,717	27,523	26,755	26,039
Income before income tax (benefit) expense	3,738	4,069	1,656	2,292	3,898	3,056	2,253	2,167	11,755	11,374	10,218
Income tax (benefit) expense	1,111	1,209	496	694	1,179	902	673	657	3,510	3,411	2,809
Net income	$ 2,627	$ 2,860	$ 1,160	$ 1,598	$ 2,719	$ 2,154	$ 1,580	$ 1,510	8,245	7,963	7,409
Parent Company [Member]
Condensed Income Statements [Abstract]
Interest income									3	227	264
Interest expense									296	111	329
Net interest income (expense)									(293)	116	(65)
Provision for loan losses									0	(145)	60
Net interest income after provision for loan losses									(293)	261	(125)
Income from consolidated subsidiary									8,826	8,145	7,844
Total income									8,533	8,406	7,719
Total non-interest expenses									411	405	516
Income before income tax (benefit) expense									8,122	8,001	7,203
Income tax (benefit) expense									(123)	38	(206)
Net income									$ 8,245	$ 7,963	$ 7,409

PARENT COMPANY FINANCIAL INFO_5

PARENT COMPANY FINANCIAL INFORMATION, Condensed Statements of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash Flows from Operating Activities [Abstract]
Net income	$ 2,627	$ 2,860	$ 1,160	$ 1,598	$ 2,719	$ 2,154	$ 1,580	$ 1,510	$ 8,245	$ 7,963	$ 7,409
Adjustments to reconcile net income to cash provided by (used in) operating activities [Abstract]
Stock-based compensation									319	382	478
Changes in [Abstract]
Other assets									(2,787)	1,641	(2,210)
Other liabilities									(401)	(1,366)	3,416
Net cash provided by (used in) operating activities									15,843	13,937	16,321
Cash Flows from Investing Activities [Abstract]
Loan originations and principal collections, net									(91,763)	(16,074)	(40,290)
Net cash provided by (used in) investing activities									(91,567)	(10,538)	(38,055)
Cash Flows from Financing Activities [Abstract]
Cash dividends paid on common stock									(1,652)	(1,821)	(1,581)
Common stock repurchase									0	(1,030)	(669)
Net cash provided by financing activities									53,603	22,347	32,780
Net (decrease) increase in cash and cash equivalents									(22,121)	25,746	11,046
Cash and cash equivalents at beginning of year				82,661				56,915	82,661	56,915	45,869
Cash and cash equivalents at end of year	60,540				82,661				60,540	82,661	56,915
Parent Company [Member]
Cash Flows from Operating Activities [Abstract]
Net income									8,245	7,963	7,409
Adjustments to reconcile net income to cash provided by (used in) operating activities [Abstract]
Equity in undistributed income from subsidiary									(8,826)	(8,145)	(7,844)
Stock-based compensation									319	382	478
Changes in [Abstract]
Other assets									(1)	72	(50)
Other liabilities									(185)	161	157
Net cash provided by (used in) operating activities									(448)	433	150
Cash Flows from Investing Activities [Abstract]
Loan originations and principal collections, net									0	8,355	(3,440)
Net dividends from and investment in subsidiary									1,197	(534)	6,158
Net cash provided by (used in) investing activities									1,197	7,821	2,718
Cash Flows from Financing Activities [Abstract]
Net increase (decrease) from other borrowings									0	(5,000)	(1,843)
Cash dividends paid on common stock									(1,652)	(1,821)	(1,581)
Common stock repurchase									0	(1,030)	(669)
Proceeds from issuance of common stock									4	270	551
Net cash provided by financing activities									(1,648)	(7,581)	(3,542)
Net (decrease) increase in cash and cash equivalents									(899)	673	(674)
Cash and cash equivalents at beginning of year				$ 972				$ 299	972	299	973
Cash and cash equivalents at end of year	$ 73				$ 972				$ 73	$ 972	$ 299

QUARTERLY FINANCIAL DATA (UNA_3

QUARTERLY FINANCIAL DATA (UNAUDITED) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Results of Operations [Abstract]
Interest income	$ 10,986	$ 11,116	$ 10,777	$ 10,975	$ 11,628	$ 11,719	$ 11,367	$ 11,025	$ 43,854	$ 45,739	$ 42,631
Interest expense	1,193	1,564	1,996	2,512	2,790	2,921	2,869	2,802	7,265	11,382	8,988
Net interest income (expense)	9,793	9,552	8,781	8,463	8,838	8,798	8,498	8,223	36,589	34,357	33,643
Provision (credit) for loan losses	(44)	113	762	392	(210)	(75)	177	(57)	1,223	(165)	14
Net interest income after provision for loan losses	9,837	9,439	8,019	8,071	9,048	8,873	8,321	8,280	35,366	34,522	33,629
Non-interest income	970	1,352	640	950	1,664	647	692	604	3,912	3,607	2,628
Non-interest expenses	7,069	6,722	7,003	6,729	6,814	6,464	6,760	6,717	27,523	26,755	26,039
Income before income tax (benefit) expense	3,738	4,069	1,656	2,292	3,898	3,056	2,253	2,167	11,755	11,374	10,218
Provision for income taxes	1,111	1,209	496	694	1,179	902	673	657	3,510	3,411	2,809
Net income	$ 2,627	$ 2,860	$ 1,160	$ 1,598	$ 2,719	$ 2,154	$ 1,580	$ 1,510	$ 8,245	$ 7,963	$ 7,409
Earnings per share [Abstract]
Income per common share - basic (in dollars per share)	$ 0.31	$ 0.33	$ 0.14	$ 0.19	$ 0.32	$ 0.25	$ 0.19	$ 0.18	$ 0.97	$ 0.94	$ 0.89
Income per common share - diluted (in dollars per share)	$ 0.31	$ 0.33	$ 0.14	$ 0.19	$ 0.32	$ 0.25	$ 0.18	$ 0.18	$ 0.97	$ 0.93	$ 0.88