Community West Bancshares (CWBC) 10-Q 7 May 21 2021 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2021	Apr. 30, 2021
Cover page.
Entity Registrant Name	COMMUNITY WEST BANCSHARES /
Entity Central Index Key	0001051343
Current Fiscal Year End Date	--12-31
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Entity Address, State or Province	CA
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 Common Stock, Shares Outstanding		8,526,413

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Assets:
Cash and due from banks and federal funds sold	$ 2,607	$ 1,587
Interest-earning demand in other financial institutions	71,128	58,953
Cash and cash equivalents	73,735	60,540
Investment securities - available-for-sale, at fair value; amortized cost of $17,610 at March 31, 2021 and $17,266 at December 31, 2020	17,588	17,308
Investment securities - held-to-maturity, at amortized cost; fair value of $3,966 at March 31, 2021 and $4,854 at December 31, 2020	3,781	4,586
Investment securities - measured at fair value; amortized cost of $66 at March 31, 2021 and December 31, 2020.	201	149
Federal Home Loan Bank stock, at cost	3,260	3,260
Federal Reserve Bank stock, at cost	1,373	1,373
Loans:
Held for sale, at lower of cost or fair value	29,767	31,229
Held for investment, net of allowance for loan losses of $10,233 at March 31, 2021 and $10,194 at December 31, 2020	847,848	816,154
Total loans	877,615	847,383
Other assets acquired through foreclosure, net	2,572	2,614
Premises and equipment, net	6,992	7,154
Other assets	30,905	31,068
Total assets	1,018,022	975,435
Deposits:
Non-interest-bearing demand	196,617	181,837
Interest-bearing demand	440,502	398,101
Savings	19,858	18,736
Certificates of deposit ($250,000 or more)	20,072	30,536
Other certificates of deposit	127,472	136,975
Total deposits	804,521	766,185
Other borrowings	105,000	105,000
Other liabilities	16,710	15,243
Total liabilities	926,231	886,428
Commitments and Contingencies
Stockholders' equity:
Common stock - no par value, 60,000,000 shares authorized; 8,524,413 shares issued and outstanding at March 31, 2021 and 8,473,063 at December 31, 2020	43,227	42,909
Retained earnings	48,574	46,063
Accumulated other comprehensive income (loss)	(10)	35
Total stockholders' equity	91,791	89,007
Total liabilities and stockholders' equity	$ 1,018,022	$ 975,435

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Assets:
Investment securities available-for-sale, amortized cost	$ 17,610	$ 17,266
Investment securities held-to-maturity, fair value	3,966	4,854
Investment securities measured at fair value, amortized cost	66	66
Loans:
Held for investment, allowance for loan losses	$ 10,233	$ 10,194
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)	8,524,413	8,473,063
Common stock, shares outstanding (in shares)	8,524,413	8,473,063

CONSOLIDATED INCOME STATEMENTS

CONSOLIDATED INCOME STATEMENTS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Interest income:
Loans, including fees	$ 10,856	$ 10,664
Investment securities and other	199	311
Total interest income	11,055	10,975
Interest expense:
Deposits	742	2,122
Other borrowings	271	390
Total interest expense	1,013	2,512
Net interest income	10,042	8,463
(Credit) provision for loan losses	(173)	392
Net interest income after provision for loan losses	10,215	8,071
Non-interest income:
Other loan fees	313	341
Gains from loan sales, net	118	190
Document processing fees	106	124
Service charges	67	134
Other	293	161
Total non-interest income	897	950
Non-interest expenses:
Salaries and employee benefits	4,565	4,398
Occupancy, net	779	758
Professional services	340	383
Data processing	340	283
Depreciation	205	208
FDIC assessment	91	144
Advertising and marketing	183	153
Stock based compensation	68	85
Other	289	317
Total non-interest expenses	6,860	6,729
Income before provision for income taxes	4,252	2,292
Provision for income taxes	1,231	694
Net income	$ 3,021	$ 1,598
Earnings per share:
Basic (in dollars per share)	$ 0.36	$ 0.19
Diluted (in dollars per share)	$ 0.35	$ 0.19
Weighted average number of common shares outstanding:
Basic (in shares)	8,495	8,472
Diluted (in shares)	8,615	8,579
Dividends declared per common share (in dollars per share)	$ 0.060	$ 0.055

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]
Net income	$ 3,021	$ 1,598
Other comprehensive (loss), net:
Unrealized (loss) on securities available-for-sale (AFS), net (tax effect of $19 and $14 for each respective period presented)	(45)	(34)
Net other comprehensive (loss)	(45)	(34)
Comprehensive income	$ 2,976	$ 1,564

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Other comprehensive (loss), net:
Unrealized (loss) income on securities available-for-sale (AFS), tax effect	$ 19	$ 14

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
Balance at Dec. 31, 2019	$ 42,586	$ (78)	$ 39,470	$ 81,978
Balance (in shares) at Dec. 31, 2019	8,472,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	1,598	1,598
Stock based compensation	$ 85	0	0	85
Stock based compensation (in shares)	0
Dividends on common stock	$ 0	0	(466)	(466)
Dividends on common stock (in shares)	0
Other comprehensive (loss), net	$ 0	(34)	0	(34)
Balance at Mar. 31, 2020	$ 42,671	(112)	40,602	83,161
Balance (in shares) at Mar. 31, 2020	8,472,000
Balance at Dec. 31, 2020	$ 42,909	35	46,063	$ 89,007
Balance (in shares) at Dec. 31, 2020	8,473,000			8,473,063
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	3,021	$ 3,021
Exercise of stock options	$ 250	0	0	250
Exercise of stock options (in shares)	51,000
Stock based compensation	$ 68	0	0	68
Stock based compensation (in shares)	0
Dividends on common stock	$ 0	0	(510)	(510)
Dividends on common stock (in shares)	0
Other comprehensive (loss), net	$ 0	(45)	0	(45)
Balance at Mar. 31, 2021	$ 43,227	$ (10)	$ 48,574	$ 91,791
Balance (in shares) at Mar. 31, 2021	8,524,000			8,524,413

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Cash flows from operating activities:
Net income	$ 3,021	$ 1,598
Adjustments to reconcile net income to cash provided by operating activities:
(Credit) Provision for loan losses	(173)	392
Depreciation	205	208
Stock based compensation	68	85
Deferred income taxes	30	226
Net accretion of discounts and premiums for investment securities	24	29
(Gains) Losses on:
Sale of loans, net	(118)	(190)
Loans originated for sale and principal collections, net	1,462	2,588
Changes in:
Investment securities held at fair value	(52)	56
Other assets	130	(113)
Other liabilities	1,691	(282)
Servicing assets, net	(24)	(124)
Net cash provided by operating activities	6,264	4,473
Cash flows from investing activities:
Principal pay downs and maturities of available-for-sale securities	1,146	1,136
Purchase of available-for-sale securities	(1,500)	0
Principal pay downs and maturities of held-to-maturity securities	791	385
Loan originations and principal collections, net	(31,539)	(8,879)
Purchase of restricted stock, net	0	(256)
Purchase of premises and equipment, net	(43)	(54)
Net cash used in investing activities	(31,145)	(7,668)
Cash flows from financing activities:
Net (decrease) increase in deposits	38,336	(39,335)
Net increase in borrowings	0	50,000
Exercise of stock options	250	0
Cash dividends paid on common stock	(510)	(466)
Net cash provided by financing activities	38,076	10,199
Net increase cash and cash equivalents	13,195	7,004
Cash and cash equivalents at beginning of period	60,540	82,661
Cash and cash equivalents at end of period	73,735	89,665
Cash paid during the period for:
Interest	1,016	2,134
Income Taxes	0	0
Non-cash investing and financing activity:
Transfers to other assets acquired through foreclosure, net	$ 136	$ 106

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations Community West Bancshares (“CWBC”), incorporated under the laws of the state of California, is a bank holding company providing full-service banking through its wholly-owned subsidiary Community West Bank, N.A. (“CWB” or the “Bank”). Unless indicated otherwise or unless the context suggests otherwise, these entities are referred to herein collectively and on a consolidated basis as the “Company.” Basis of Presentation The accounting and reporting policies of the Company are in accordance with accounting principles generally accepted in the United States (“GAAP”) and conform to practices within the financial services industry. The accounts of the Company and its consolidated subsidiary are included in these Consolidated Financial Statements. All significant intercompany balances and transactions have been eliminated. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant changes in the near term relate to the determination of the allowance for loan losses and the fair value of securities available for sale. Although Management believes these estimates to be reasonably accurate, actual amounts may differ. In the opinion of Management, all necessary adjustments have been reflected in the financial statements during their preparation. Interim Financial Information The accompanying unaudited consolidated financial statements as of March 31, 2021 and 2020, and for the three months, have been prepared in a condensed format, and therefore do not include all of the information and footnotes required by GAAP for complete financial statements. These statements have been prepared on a basis that is substantially consistent with the accounting principles applied to our audited consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2020. The information furnished in these interim statements reflects all adjustments which are, in the opinion of Management, necessary for a fair statement of the results for each respective period presented. Such adjustments are of a normal recurring nature. The results of operations in the interim statements are not necessarily indicative of the results that may be expected for any other quarter or for the full year. The interim financial information should be read in conjunction with the Company’s audited consolidated financial statements. Reclassifications Certain amounts in the consolidated financial statements as of December 31, 2020 and for the three months ended March 31, 2020 have been reclassified to conform to the current presentation. The reclassifications have no effect on net income, comprehensive income or stockholders’ equity as previously reported. COVID-19 pandemic The COVID-19 pandemic, first identified in the United States during the first quarter of 2020, has had 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) and the Consolidated Appropriations Act (CAA), including the Paycheck Protection Program (PPP), have lessened the disruptive effects of the COVID-19 pandemic. CWB has actively worked to assist clients 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 clients and our business is dependent on future developments 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, clients, 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 clients 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. Loans Held for Sale Loans which are originated and intended for sale in the secondary market are carried at the lower of cost or estimated fair value determined on an aggregate basis. Valuation adjustments, if any, are recognized through a valuation allowance by charges to lower of cost or fair value provision. Loans held for sale are mostly comprised of commercial agriculture and Small Business Association (“SBA”). 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 client’s unused line of credit and fees related to standby letters of credit are recognized over the commitment period. When loans are repaid, any remaining unamortized balances of unearned fees, deferred fees and costs and premiums and discounts paid on purchased loans are accounted for through interest income. Nonaccrual loans: For all loan types, when a loan is placed on nonaccrual status, all interest accrued but uncollected is reversed against interest income in the period in which the status is changed. Subsequent payments received from the client 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 offered short-term modifications made in response to COVID-19 to borrowers who were current and otherwise not past due. These were short-term, 180 days or less, modifications in the form of payment deferrals. With the passage of The Economic Aid Act, the Company modified and extended its payment deferral program. The new program is for 90 days. As of March 31, 2021, 5 loans remained on deferral for a total of $1.4 million. Of the $1.4 million, 3 loans for $1.2 million were new deferrals in 2021. 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 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 - management’s institution’s Substandard - Doubtful - Loss - The Company’s ALL is maintained at a level believed appropriate by management to absorb known and inherent probable losses on existing loans. The allowance is charged for losses when management believes that full recovery on the loan is unlikely. The following is the Company’s policy regarding charging off loans. Commercial, CRE and SBA Loans Charge-offs on these loan categories are taken as soon as all or a portion of any loan balance is deemed to be uncollectible. A loan is considered impaired when, based on current information, it is probable that the Company will be unable to collect the scheduled payments of principal and/or interest under the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and/or interest payments. Loans that experience insignificant payment delays or payment shortfalls generally are not classified as impaired. Generally, loan balances are charged-down to the fair value of the collateral, if, based on a current assessment of the value, an apparent deficiency exists. In the event there is no perceived equity, the loan is charged-off in full. Unsecured loans which are delinquent over 90 days are, without clear support, also charged-off in full. Single Family Real Estate, HELOC’s and Manufactured Housing Loans Consumer loans and residential mortgages secured by one-to-four family residential properties, HELOC and manufactured housing loans in which principal or interest is due and unpaid for 90 days, are evaluated for impairment. Loan balances are charged-off to the fair value of the property, less estimated selling costs, if, based on a current appraisal, an apparent deficiency exists. In the event there is no perceived equity, the loan is generally fully charged-off. Consumer Loans All consumer loans (excluding real estate mortgages, HELOCs and cash secured loans) are charged-off or charged-down to net recoverable value before becoming 120 days or five payments delinquent. The ALL calculation for the different loan portfolios is as follows: • Commercial Real Estate, Commercial, Commercial Agriculture, SBA, HELOC, Single Family Residential, and Consumer – Migration analysis combined with risk rating is used to determine the required ALL for all non-impaired loans. In addition, the migration results are adjusted based upon qualitative factors that affect the specific portfolio category. Reserves on impaired loans are determined based upon the individual characteristics of the loan. • Manufactured Housing – The ALL is calculated on the basis of loss history and risk rating, which is primarily a function of delinquency. In addition, the loss results are adjusted based upon qualitative factors that affect this specific portfolio. The Company evaluates and individually assesses for impairment loans classified as substandard or doubtful in addition to loans either on nonaccrual, considered a TDR or when other conditions exist which lead management to review for possible impairment. Measurement of impairment on impaired loans is determined on a loan-by-loan basis and in total establishes a specific reserve for impaired loans. The amount of impairment is determined by comparing the recorded investment in each loan with its value measured by one of three methods: • The expected future cash flows are estimated and then discounted at the effective interest rate. • The value of the underlying collateral net of selling costs. Selling costs are estimated based on industry standards, the Company’s actual experience or actual costs incurred as appropriate. When evaluating real estate collateral, the Company typically uses appraisals or valuations, no more than twelve months old at time of evaluation. When evaluating non-real estate collateral securing the loan, the Company will use audited financial statements or appraisals no more than twelve months old at time of evaluation. Additionally, for both real estate and non-real estate collateral, the Company may use other sources to determine value as deemed appropriate. • The loan’s observable market price. Interest income is not recognized on impaired loans except for limited circumstances in which a loan, although impaired, continues to perform in accordance with the loan contract and the borrower provides financial information to support maintaining the loan on accrual. The Company determines the appropriate ALL on a monthly basis. Any differences between estimated and actual observed losses from the prior month are reflected in the current period in determining the appropriate ALL determination and adjusted as deemed necessary. The review of the appropriateness of the allowance takes into consideration such factors as concentrations of credit, changes in the growth, size, and composition of the loan portfolio, overall and individual portfolio quality, review of specific problem loans, collateral, guarantees and economic and environmental conditions that may affect the borrowers’ Another component of the ALL considers qualitative factors related to non-impaired loans. The qualitative portion of the allowance on each of the loan pools is based on changes in any of the following factors: • Concentrations of credit • Trends in volume, maturity, and composition of loans • Volume and trend in delinquency, nonaccrual, and classified assets • Economic conditions • Geographic distance • Policy and procedures or underwriting standards • Staff experience and ability • Value of underlying collateral • Competition, legal, or regulatory environment • Results of outside exams and quality of loan review and Board oversight Off Balance Sheet and Credit Exposure In the ordinary course of business, the Company has entered into off-balance sheet financial instruments consisting of commitments to extend credit and standby letters of credit. Such financial instruments are recorded in the consolidated financial statements when they are funded. They involve, to varying degrees, elements of credit risk in excess of amounts recognized in the consolidated balance sheets. Losses would be experienced when the Company is contractually obligated to make a payment under these instruments and must seek repayment from the borrower, which may not be as financially sound in the current period as they were when the commitment was originally made. Commitments to extend credit are agreements to lend to a client 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 client’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the party. The commitments are collateralized by the same types of assets used as loan collateral. As with outstanding loans, the Company applies qualitative factors to its off-balance sheet obligations in determining an estimate of losses inherent in these contractual obligations. The estimate for loan losses on off-balance sheet instruments is included within other liabilities and the charge to income that establishes this liability is included in non-interest expense. Foreclosed Real Estate and Repossessed Assets Foreclosed real estate and other repossessed assets are recorded at fair value at the time of foreclosure less estimated costs to sell. Any excess of loan balance over the fair value less estimated costs to sell of the other assets is charged-off against the allowance for loan losses. Any excess of the fair value less estimated costs to sell over the loan balance is recorded as a loan loss recovery to the extent of the loan loss previously charged-off against the allowance for loan losses; and, if greater, recorded as a valuation gain on foreclosed assets. Subsequent to the legal ownership date, the Company periodically performs a new valuation, and the asset is carried at the lower of carrying amount or fair value less estimated costs to sell. Operating expenses or income, and gains or losses on disposition of such properties, are recorded in current operations. Income Taxes The Company uses the asset and liability method, which recognizes an asset or liability representing the tax effects of future deductible or taxable amounts that have been recognized in the consolidated financial statements. Due to tax regulations, certain items of income and expense are recognized in different periods for tax return purposes than for financial statement reporting. These items represent “temporary differences.” Deferred income taxes are recognized for the tax effect of temporary differences between the tax basis of assets and liabilities and their financial reporting amounts at each period end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. A valuation allowance is established for deferred tax assets if, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax assets may not be realized. Any interest or penalties assessed by the taxing authorities is classified in the financial statements as income tax expense. Deferred tax assets are included in other assets on the consolidated balance sheets. Management evaluates the Company’s deferred tax asset for recoverability using a consistent approach, which considers the relative impact of negative and positive evidence, including the Company’s historical profitability and projections of future taxable income. The Company is required to establish a valuation allowance for deferred tax assets and record a charge to income if management determines, based on available evidence at the time the determination is made, that it is more likely than not that some portion or all of the deferred tax assets may not be realized. The Company is subject to the provisions of ASC 740, Income Taxes Earnings Per Share Basic earnings per common share is computed using the weighted average number of common shares outstanding for the period divided into the net income. Diluted earnings per share include the effect of all dilutive potential common shares for the period. Potentially dilutive common shares include stock options. Recent Accounting Pronouncements 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 2020, the FASB reporting.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	3 Months Ended
	Mar. 31, 2021
INVESTMENT SECURITIES [Abstract]
INVESTMENT SECURITIES	2. INVESTMENT SECURITIES The amortized cost and estimated fair value of investment securities are as follows: March 31, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 6,280 $ 2 $ (26 ) $ 6,256 U.S. government agency collateralized mortgage obligations (“CMO”) 6,830 33 (13 ) 6,850 Other securities 4,500 — (18 ) 4,482 Total $ 17,610 $ 35 $ (57 ) $ 17,588 Securities held-to-maturity U.S. government agency mortgage-backed securities (“MBS”) $ 3,781 $ 186 $ (1 ) $ 3,966 Total $ 3,781 $ 186 $ (1 ) $ 3,966 Securities measured at fair value Equity securities: Farmer Mac class A stock $ 66 $ 135 $ — $ 201 Total $ 66 $ 135 $ — $ 201 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 At March 31, 2021 and December 31, 2020, $16.9 million and $18.9 million of securities at carrying value, respectively, were pledged to the Federal Home Loan Bank (“FHLB”), as collateral for current and future advances. The maturity periods and weighted average yields of investment securities at the period ends indicated were as follows: March 31, 2021 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 $ — — $ 767 0.6 % $ 5,489 1.2 % $ — — $ 6,256 1.2 % U.S. government agency CMO 161 2.1 % 3,147 0.5 % 2,643 0.6 % 899 0.9 % 6,850 0.6 % Other securities — — 2,987 4.8 % 1,495 3.7 % — — 4,482 4.4 % Total $ 161 2.1 % $ 6,901 2.3 % $ 9,627 1.5 % $ 899 0.9 % $ 17,588 1.8 % Securities held-to-maturity U.S. government agency MBS $ — — $ 1,513 3.3 % $ 2,268 2.8 % $ — — $ 3,781 3.0 % Total $ — — $ 1,513 3.3 % $ 2,268 2.8 % $ — — $ 3,781 3.0 % Securities measured at fair value Farmer Mac class A stock $ — — $ — — $ — — $ — — $ 201 — Total $ — — $ — — $ — — $ — — $ 201 — 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 0 5,832 0.6 % 1,133 0.8 % — — 7,785 2.3 % — 0.0 % 3,051 4.8 % — 0.0 % — 0.0 % 3,051 4.8 % Total $ 820 0 $ 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 — The amortized cost and fair value of investment securities by contractual maturities as of the periods presented were as shown below: March 31, 2021 December 31, 2020 Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Securities available-for-sale (in thousands) Due in one year or less $ 160 $ 161 $ 817 $ 820 After one year through five years 6,903 6,901 9,594 9,667 After five years through ten years 9,643 9,627 6,855 6,821 After ten years 904 899 — — Total $ 17,610 $ 17,588 $ 17,266 $ 17,308 Securities held-to-maturity Due in one year or less $ — $ — $ — $ — After one year through five years 1,513 1,583 3,821 3,965 After five years through ten years 2,268 2,383 765 889 After ten years — — — — Total $ 3,781 $ 3,966 $ 4,586 $ 4,854 Securities measured at fair value Farmer Mac class A stock $ 66 $ 201 $ 66 $ 149 Total $ 66 $ 201 $ 66 $ 149 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: March 31, 2021 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 $ 767 $ 7 $ 767 U.S. government agency CMO — — 32 5,202 32 5,202 Other securities 18 4,482 — — 18 4,482 Total $ 18 $ 4,482 $ 39 $ 5,969 $ 57 $ 10,451 Securities held-to-maturity U.S. government agency MBS $ — $ — $ — $ — $ — $ — Total $ — $ — $ — $ — $ — $ — Securities measured at fair value Farmer Mac class A stock $ — $ — $ — $ — $ — $ — Total $ — $ — $ — $ — $ — $ — 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 Farmer Mac class A stock $ — $ — $ — $ — $ — $ — Total $ — $ — $ — $ — $ — $ — As of March 31, 2021 and December 31, 2020, there were 13 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 March 31, 2021 and December 31, 2020, 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	3 Months Ended
	Mar. 31, 2021
LOANS HELD FOR SALE [Abstract]
LOANS HELD FOR SALE	3. LOANS HELD FOR SALE SBA and Agriculture Loans As of March 31, 2021 and December 31, 2020, the Company had approximately $8.1 million and $8.3 million, respectively, of SBA loans included in loans held for sale. As of March 31, 2021 and December 31, 2020, the principal balance of SBA loans serviced for others was $3.8 million and $4.0 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 March 31, 2021 and December 31, 2020, the Company had $21.6 million and $22.9 million of USDA loans included in loans held for sale, respectively. As of March 31, 2021 and December 31, 2020, the principal balance of USDA loans serviced for others was $1.9 million.

LOANS HELD FOR INVESTMENT

LOANS HELD FOR INVESTMENT	3 Months Ended
	Mar. 31, 2021
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: March 31, December 31, 2021 2020 (in thousands) Manufactured housing $ 284,583 $ 280,284 Commercial real estate 407,336 402,148 Commercial 55,944 57,933 SBA 97,988 73,131 HELOC 3,846 3,861 Single family real estate 10,966 10,490 Consumer 10 133 860,673 827,980 Allowance for loan losses (10,233 ) (10,194 ) Deferred fees, net (2,544 ) (1,583 ) Discount on SBA loans (48 ) (49 ) Total loans held for investment, net $ 847,848 $ 816,154 The following table presents the contractual aging of the recorded investment in past due held for investment loans by class of loans: March 31, 2021 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 $ 284,137 $ 214 $ — $ — $ 214 $ 232 $ 284,583 $ — Commercial real estate: Commercial real estate 368,386 — — — — — 368,386 — SBA 504 1st trust deed 16,250 — — — — 1,428 17,678 — Land 8,306 — — — — — 8,306 — Construction 12,967 — — — — — 12,967 — Commercial 55,944 — — — — — 55,944 — SBA 97,824 — — — — 164 97,988 — HELOC 3,846 — — — — — 3,846 — Single family real estate 10,842 — — — — 124 10,966 — Consumer 10 — — — — — 10 — Total $ 858,511 $ 214 $ — $ — $ 214 $ 1,948 $ 860,673 $ — 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 $ — Allowance for Loan Losses The following table summarizes the changes in the allowance for loan losses: Three Months Ended March 31, 2021 2020 (in thousands) Beginning balance $ 10,194 $ 8,717 Charge-offs — — Recoveries 212 58 Net recoveries 212 58 Provision (credit) (173 ) 392 Ending balance $ 10,233 $ 9,167 As of March 31, 2021 and December 31, 2020, the Company had reserves for credit losses on undisbursed loans of $82,000 and $92,000, respectively, which were included in other liabilities. The following tables summarize the changes in the allowance for loan losses by portfolio type: For the Three Months Ended March 31, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2021 (in thousands) Beginning balance $ 2,612 $ 5,950 $ 1,379 $ 118 $ 25 $ 108 $ 2 $ 10,194 Charge-offs — — — — — — — — Recoveries 139 20 10 41 2 — — 212 Net recoveries 139 20 10 41 2 — — 212 Provision (credit) (128 ) 250 (281 ) (29 ) (2 ) 18 (1 ) (173 ) Ending balance $ 2,623 $ 6,220 $ 1,108 $ 130 $ 25 $ 126 $ 1 $ 10,233 2020 Beginning balance $ 2,184 $ 5,217 $ 1,162 $ 32 $ 27 $ 92 $ 3 $ 8,717 Charge-offs — — — — — — — — Recoveries 6 20 27 3 2 — — 58 Net recoveries 6 20 27 3 2 — — 58 Provision (credit) 174 247 (25 ) (6 ) (2 ) 4 — 392 Ending balance $ 2,364 $ 5,484 $ 1,164 $ 29 $ 27 $ 96 $ 3 $ 9,167 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 March 31, 2021: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 4,200 $ 227 $ — $ — $ — $ 443 $ — $ 4,870 Impaired loans with no allowance recorded 1,809 1,427 1,789 420 — 1,850 — 7,295 Total loans individually evaluated for impairment 6,009 1,654 1,789 420 — 2,293 — 12,165 Loans collectively evaluated for impairment 278,574 405,682 54,155 97,568 3,846 8,673 10 848,508 Total loans held for investment $ 284,583 $ 407,336 $ 55,944 $ 97,988 $ 3,846 $ 10,966 $ 10 $ 860,673 Unpaid Principal Balance Impaired loans with an allowance recorded $ 4,200 $ 227 $ — $ — $ — $ 443 $ — $ 4,870 Impaired loans with no allowance recorded 2,412 1,467 1,789 911 — 1,850 — 8,429 Total loans individually evaluated for impairment 6,612 1,694 1,789 911 — 2,293 — 13,299 Loans collectively evaluated for impairment 278,574 405,682 54,155 97,568 3,846 8,673 10 848,508 Total loans held for investment $ 285,186 $ 407,376 $ 55,944 $ 98,479 $ 3,846 $ 10,966 $ 10 $ 861,807 Related Allowance for Credit Losses Impaired loans with an allowance recorded $ 261 $ 17 $ — $ — $ — $ 15 $ — $ 293 Impaired loans with no allowance recorded — — — — — — — — Total loans individually evaluated for impairment 261 17 — — — 15 — 293 Loans collectively evaluated for impairment 2,362 6,203 1,108 130 25 111 1 9,940 Total loans held for investment $ 2,623 $ 6,220 $ 1,108 $ 130 $ 25 $ 126 $ 1 $ 10,233 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 Credit 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 Included in impaired loans are $0.7 million of loans guaranteed by government agencies at March 31, 2021 and December 31, 2020, 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 with no allowance recorded”. The valuation allowance disclosed above is included in the allowance for loan losses reported in the consolidated balance sheets as of March 31, 2021 and December 31, 2020. The following table summarizes impaired loans by class of loans: March 31, 2021 December 31, 2020 (in thousands) Manufactured housing $ 6,009 $ 6,696 Commercial real estate : Commercial real estate — — SBA 504 1st trust deed 1,654 1,698 Land — — Construction — — Commercial 1,789 1,504 SBA 420 292 HELOC — — Single family real estate 2,293 2,309 Consumer — — Total $ 12,165 $ 12,499 The following tables summarize average investment in impaired loans by class of loans and the related interest income recognized: Three Months Ended March 31, 2021 2020 Average Investment in Impaired Loans Interest Income Average in Impaired Interest Income (in thousands) Manufactured housing $ 6,311 $ 113 $ 7,923 $ 135 Commercial real estate: Commercial real estate — — 84 — SBA 504 1st trust deed 1,666 38 234 4 Land — — — — Construction — — — — Commercial 1,636 27 1,754 2 SBA 353 4 371 — HELOC — — — — Single family real estate 2,286 28 2,329 31 Consumer — — — — Total $ 12,252 $ 210 $ 12,695 $ 172 The Company is not committed to lend additional funds on these impaired loans. The following table reflects the recorded investment in certain types of loans at the periods indicated: March 31, 2021 December 31, 2020 (in thousands) Nonaccrual loans $ 1,948 $ 3,872 Government guaranteed portion of loans included above $ 123 $ 207 Troubled debt restructured loans, gross $ 11,160 $ 11,141 Loans 30 through 89 days past due with interest accruing $ 214 $ 1,889 Loans 90 days or more past due with interest accruing $ — $ — Allowance for loan losses to gross loans held for investment 1.19 % 1.23 % The accrual of interest is discontinued when substantial doubt exists as to collectability of the loan; generally, at the time the loan is 90 days delinquent. Any unpaid but accrued interest is reversed at that time. Thereafter, interest income is no longer recognized on the loan. Interest income may be recognized on impaired loans to the extent they are not past due by 90 days. Interest on nonaccrual loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all of the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Foregone interest on nonaccrual and TDR loans for the three months ended March 31, 2021 and 2020, was $0.1 million. The following table presents the composition of nonaccrual loans by class of loans: March 31, 2021 December 31, 2020 (in thousands) Manufactured housing $ 232 $ 614 Commercial real estate: Commercial real estate — — SBA 504 1st trust deed 1,428 1,469 Land — — Construction — — Commercial — 1,390 SBA 164 275 HELOC — — Single family real estate 124 124 Consumer — — Total $ 1,948 $ 3,872 Included in nonaccrual loans are $0.1 million of loans guaranteed by government agencies at March 31, 2021 and $0.2 million at December 31, 2020. The guaranteed portion of each SBA loan is repurchased from investors when those loans become past due 120 days by either CWB or the SBA directly. After the foreclosure and collection process is complete, the principal balance of loans repurchased by CWB are reimbursed by the SBA. Although these balances do not earn interest during this period, they generally do not result in a loss of principal to CWB; therefore, a repurchase reserve has not been established related to these loans. The Company utilizes an internal asset classification system as a means of reporting problem and potential problem loans. Under the Company’s risk rating system, the Company rates loans with potential problems as “Special Mention,” “Substandard,” “Doubtful” and “Loss”. For a detailed discussion on these risk classifications see “Note 1 Summary of Significant Accounting Policies - Allowance for Loan Losses and Provision for Loan Losses”. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or in the institution’s The following tables present gross loans by risk rating: March 31, 2021 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 283,448 $ — $ 1,135 $ — $ 284,583 Commercial real estate: Commercial real estate 348,608 6,203 12,258 — 367,069 SBA 504 1st trust deed 14,722 — 2,956 — 17,678 Land 8,306 — — — 8,306 Construction 12,967 — — — 12,967 Commercial 47,342 750 3,465 — 51,557 SBA 2,345 27 290 — 2,662 HELOC 3,846 — — — 3,846 Single family real estate 10,669 — 297 — 10,966 Consumer 10 — — — 10 Total, net 732,262 6,980 20,401 — 759,643 Government guarantee 97,347 — 3,682 — 101,029 Total $ 829,610 $ 6,980 $ 24,083 $ — $ 860,673 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 Troubled Debt Restructured Loan (TDR) A TDR is a loan on which the bank, for reasons related to a borrower’s financial difficulties, grants a concession to the borrower that the bank would not otherwise consider. The loan terms that have been modified or restructured due to a borrower’s financial situation include, but are not limited to, a reduction in the stated interest rate, an extension of the maturity or renewal of the loan at an interest rate below current market, a reduction in the face amount of the debt, a reduction in the accrued interest, extensions, deferrals, renewals, and rewrites. The majority of the bank’s modifications are extensions in terms or deferral of payments which result in no lost principal or interest followed by reductions in interest rates or accrued interest. A TDR is also considered impaired. Generally, a loan that is modified at an effective market rate of interest may no longer be disclosed as a troubled debt restructuring in years subsequent to the restructuring if it is not impaired based on the terms specified by the restructuring agreement. The following tables summarize the financial effects of TDR loans by loan class for the periods presented: For the Three Months Ended March 31, 2021 Number of Loans Pre- Modification Recorded Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Extension Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing — $ — $ — $ — $ — $ — Total — $ — $ — $ — $ — $ — For the Three Months Ended March 31, 2020 Number of Loans Pre- Modification Recorded Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Extension Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing 1 $ 56 $ 56 $ 56 $ 56 $ 1 Total 1 $ 56 $ 56 $ 56 $ 56 $ 1 There was no new TDR loan for the three months ended March 31, 2021 and one for the same period in 2020. The rate concession was 100 basis points for the three months ended March 31, 2020. The term extension in months was 181 for the three months ended March 31, 2020. A TDR loan is deemed to have a payment default when the borrower fails to make March 31, 2021 consecutive payments or the collateral is transferred to repossessed assets. The Company had no TDR’s with payment defaults for the three months ended March 31, 2021 or 2020. At March 31, 2021 there were no material loan commitments outstanding on TDR loans. 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 offered short-term modifications made in response to COVID-19 to borrowers who were current and otherwise not past due. These were short-term, 180 days or less, modifications in the form of payment deferrals. With the passage of The Economic Aid Act, the Company modified and extended its payment deferral program. The new program is for 90 days. As of March 31, 2021, 5 loans remained on deferral for a total of $1.4 million. Of the $1.4 million, 3 loans for $1.2 million were new deferrals in 2021.

OTHER ASSETS ACQUIRED THROUGH F

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE	3 Months Ended
	Mar. 31, 2021
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE [Abstract]
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE	5. OTHER ASSETS ACQUIRED THROUGH FORECLOSURE The following table summarizes the changes in other assets acquired through foreclosure: Three Months Ended March 31, 2021 2020 (in thousands) Balance, beginning of period $ 2,614 $ 2,524 Additions 136 106 Proceeds from dispositions — — Gain (loss) on foreclosed assets, net (178 ) 77 Third-party portion of writedown/loss — — Balance, end of period $ 2,572 $ 2,707 Other assets acquired through foreclosure consist primarily of properties acquired as a result of, or in-lieu-of, foreclosure. Properties or other assets (primarily manufactured housing) are classified as other real estate owned and other repossessed assets and are reported at fair value at the time of foreclosure less estimated costs to sell. Costs relating to development or improvement of the assets are capitalized and costs related to holding the assets are charged to expense. The balance is primarily attributable to a single commercial agricultural relationship.

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	3 Months Ended
	Mar. 31, 2021
FAIR VALUE MEASUREMENT [Abstract]
FAIR VALUE MEASUREMENT	6. FAIR VALUE MEASUREMENT The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities. FASB ASC 820, Fair Value Measurements and Disclosures • Level 1— Observable quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. • Level 2— Observable quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, matrix pricing or model-based valuation techniques where all significant assumptions are observable, either directly or indirectly in the market. • Level 3— Model-based techniques where all significant assumptions are not observable, either directly or indirectly, in the market. These unobservable assumptions reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques may include use of discounted cash flow models and similar techniques. The availability of observable inputs varies based on the nature of the specific financial instrument. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised by the Company in determining fair value is greatest for instruments categorized in Level 3. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Fair value is a market-based measure considered from the perspective of a market participant who holds the asset or owes the liability rather than an entity-specific measure. When market assumptions are available, ASC 820 requires the Company to make assumptions regarding the assumptions that market participants would use to estimate the fair value of the financial instrument at the measurement date. FASB ASC 825, Financial Instruments Management uses its best judgment in estimating the fair value of the Company’s financial instruments; however, there are inherent limitations in any estimation technique. Therefore, for substantially all financial instruments, the fair value estimates presented herein are not necessarily indicative of the amounts the Company could have realized in a sales transaction at March 31, 2021 and December 31, 2020. The estimated fair value amounts for March 31, 2021 and December 31, 2020 have been measured as of period-end, and have not been reevaluated or updated for purposes of these consolidated financial statements subsequent to those dates. As such, the estimated fair values of these financial instruments subsequent to the reporting date may be different than the amounts reported at the period-end. This information should not be interpreted as an estimate of the fair value of the entire Company since a fair value calculation is only required for a limited portion of the Company’s assets and liabilities. Due to the wide range of valuation techniques and the degree of subjectivity used in making the estimate, comparisons between the Company’s disclosures and those of other companies or banks may not be meaningful. The following tables summarize the fair value of assets measured on a recurring basis: Fair Value Measurements at the End of the March 31, 2021 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Fair Value Assets: (in thousands) Investment securities measured at fair value $ 201 $ — $ — $ 201 Investment securities available-for-sale — 17,588 — 17,588 Interest only strips — — 23 23 Servicing assets — — 1,485 1,485 Total $ 201 $ 17,588 $ 1,508 $ 19,297 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 — 12,759 1,498 14,257 Interest only strips — — 27 27 Servicing assets — — 1,461 1,461 Total $ 149 $ 12,759 $ 2,986 $ 15,894 Market valuations of our investment securities which are classified as Level 2 are provided by an independent third party. The fair values are determined by using several sources for valuing fixed income securities. Their techniques include pricing models that vary based on the type of asset being valued and incorporate available trade, bid and other market information. In accordance with the fair value hierarchy, the market valuation sources include observable market inputs and are therefore considered Level 2 inputs for purposes of determining the fair values. On certain SBA loan sales, the Company retained interest only strip assets (“I/O strips”) The Company had elected to use the amortizing method for the treatment of servicing assets and had measured for impairment on a periodic basis through a discounted cash flow analysis prepared by an independent third-party using industry prepayment speeds. In connection with the sale of certain SBA and USDA loans, the Company recorded servicing assets and elected to measure those assets at fair value in accordance with ASC 825-10. Significant assumptions in the valuation of servicing assets include estimated loan repayment rates, the discount rate, and servicing costs, among others. Servicing assets are classified as Level 3 measurements due to the use of significant unobservable inputs, as well as significant management judgment and estimation. The Company also has assets that under certain conditions are subject to measurement at fair value on a non-recurring basis. These assets include loans held for sale, foreclosed real estate, and repossessed assets and certain loans that are considered impaired per generally accepted accounting principles. The following summarizes the fair value measurements of assets measured on a non-recurring basis: Fair Value Measurements at the End of the Reporting Period Using: Total Quoted Prices in Active Markets for Identical Assets (Level 1) Active Markets for Similar Assets (Level 2) Unobservable Inputs (Level 3) (in thousands) March 31, 2021: Impaired loans $ 3,829 $ — $ 3,829 $ — Loans held for sale 32,679 — 32,679 — Foreclosed real estate and repossessed assets 2,572 — 2,572 — Total $ 39,080 $ — $ 39,080 $ — Fair Value Measurements at the End of the Reporting Period Using: Total Quoted Prices in Active Markets for Identical Assets (Level 1) Active Markets for Similar Assets (Level 2) Unobservable Inputs (Level 3) (in thousands) December 31, 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 — Total $ 40,907 $ — $ 40,907 $ — The Company records certain loans at fair value on a non-recurring basis. When a loan is considered impaired an allowance for a loan loss is established. The fair value measurement and disclosure requirement applies to loans measured for impairment using the practical expedients method permitted by accounting guidance for impaired loans. Impaired loans are measured at an observable market price, if available or at the fair value of the loan’s collateral, if the loan is collateral dependent. The fair value of the loan’s collateral is determined by appraisals or independent valuation. When the fair value of the loan’s collateral is based on an observable market price or current appraised value, given the current real estate markets, the appraisals may contain a wide range of values and accordingly, the Company classifies the fair value of the impaired loans as a non-recurring valuation within Level 2 of the valuation hierarchy. For loans in which impairment is determined based on the net present value of cash flows, the Company classifies these as a non-recurring valuation within Level 3 of the valuation hierarchy. Foreclosed real estate and repossessed assets are carried at the lower of book value or fair value less estimated costs to sell. Fair value is based upon independent market prices obtained from certified appraisers or the current listing price, if lower. When the fair value of the collateral is based on a current appraised value, the Company reports the fair value of the foreclosed collateral as non-recurring Level 2. When a current appraised value is not available or if management determines the fair value of the collateral is further impaired, the Company reports the foreclosed collateral as non-recurring Level 3. FAIR VALUES OF FINANCIAL INSTRUMENTS The estimated fair values of financial instruments have been determined by the Company using available market information and appropriate valuation methodologies. However, considerable judgment is required to interpret market data to develop estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts the Company could realize in a current market exchange. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. The estimated fair value of the Company’s financial instruments are as follows: March 31, 2021 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 73,735 $ 73,735 $ — $ — $ 73,735 FRB and FHLB stock 4,633 — 4,633 — 4,633 Investment securities 21,570 201 21,554 — 21,755 Loans, net 877,615 — 894,890 8,044 902,934 Financial liabilities: Deposits 804,521 — 804,893 — 804,893 Other borrowings 105,000 — 105,409 — 105,409 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 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 was determined based on matrix pricing. Matrix pricing is a mathematical technique that utilizes observable market inputs including, for example, yield curves, credit ratings and prepayment speeds. Fair values determined using matrix pricing are generally categorized as Level 2 in the fair value hierarchy. Federal Reserve Stock and Federal Home Loan Bank Stock CWB is a member of the FHLB system and maintains an investment in capital stock of the FHLB. CWB also maintains an investment in capital stock of the Federal Reserve Bank (“FRB”). These investments are carried at cost since no ready market exists for them, and they have no quoted market value. The Company conducts a periodic review and evaluation of our FHLB stock to determine if any impairment exists. The fair values have been categorized as Level 2 in the fair value hierarchy. Loans Held for Sale Loans held for sale are carried at the lower of cost or fair value. The fair value of loans held for sale is based on what secondary markets are currently offering for portfolios with similar characteristics or based on the agreed-upon sale price. As such, the Company classifies the fair value of loans held for sale as a non-recurring valuation within Level 2 of the fair value hierarchy. At March 31, 2021 and December 31, 2020, the Company had loans held for sale with an aggregate carrying value of $29.8 million and $31.2 million, respectively. Loans Fair value of loans is estimated by calculating loan level fair values for all loans utilizing a discounted cash flow methodology incorporating “exit pricing” analytics in conformance with ASU 2016-01. All active loans were valued in the portfolio as of date of exercise, excluding any loans held for sale, and utilized assumptions such as probability of default, loss given default, recovery delay and prepayment assumptions. Fair value was calculated in accordance with ASC 820. The fair value for loans is categorized as Level 2 in the fair value hierarchy. Fair values of impaired loans using a discounted cash flow method to measure impairment have been categorized as Level 3. Deposits The amount payable at demand at report date is used to estimate the fair value of demand and savings deposits. The estimated fair values of fixed-rate time deposits are determined by discounting the cash flows of segments of deposits that have similar maturities and rates, utilizing a discount rate that approximates the prevailing rates offered to depositors as of the measurement date. The fair value measurement of deposit liabilities is categorized as Level 2 in the fair value hierarchy. Federal Home Loan Bank advances and other borrowings The fair values of the Company’s borrowings are estimated using discounted cash flow analyses, based on the market rates for similar types of borrowing arrangements. The FHLB advances and other borrowings 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. There were no standby letters of credit outstanding at March 31, 2021 and December 31, 2020. Unfunded loan commitments at March 31, 2021 and December 31, 2020 were $60.4 million and $59.5 million,

OTHER BORROWINGS

OTHER BORROWINGS	3 Months Ended
	Mar. 31, 2021
OTHER BORROWINGS [Abstract]
OTHER BORROWINGS	7. OTHER BORROWINGS Federal Home Loan Bank Advances – Federal Reserve Bank – Federal Funds Purchased Lines – Line of Credit

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	3 Months Ended
	Mar. 31, 2021
STOCKHOLDERS' EQUITY [Abstract]
STOCKHOLDERS' EQUITY	8. STOCKHOLDERS’ EQUITY The following table summarizes the changes in other comprehensive income (loss) by component, net of tax for the period indicated: Three Months Ended March 31, 2021 2020 Unrealized holding gains (losses ) on AFS (in thousands) Beginning balance $ 35 $ (78 ) Other comprehensive loss before reclassifications (45 ) (34 ) Amounts reclassified from accumulated other comprehensive income — — Net current-period other comprehensive loss (45 ) (34 ) Ending Balance $ (10 ) $ (112 ) Common Stock On February 28, 2019, the Board of Directors increased the common stock repurchase program to $4.5 million and extended the repurchase program until August 31, 2021. Under this program the Company has repurchased 350,189 common stock shares for $3.0 million at an average price of $8.71 per share. There were no common stock shares repurchased under this program during the three months ended March 31, 2021. During the three months ended March 31, 2021 and 2020, the Company paid common stock dividends of $0.5 million.

CAPITAL REQUIREMENT

CAPITAL REQUIREMENT	3 Months Ended
	Mar. 31, 2021
CAPITAL REQUIREMENT [Abstract]
CAPITAL REQUIREMENT	9. CAPITAL REQUIREMENT The Federal Reserve has adopted capital adequacy guidelines that are used to assess the adequacy of capital in supervising a bank holding company. The Final Rules implemented 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 amended the regulatory risk-based capital rules applicable to the Company. Basel III redefined the regulatory capital elements and minimum capital ratios and revised rules for calculating risk-weighted assets and added a 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 illustrate the Bank’s regulatory ratios and the Federal Reserve’s current adequacy guidelines as of March 31, 2021 and December 31, 2020. The Federal Reserve’s fully phased-in guidelines applicable in 2019 are also summarized. Total Capital (To Risk- Weighted Assets) Tier 1 Capital (To Risk- Weighted Assets) Common Equity Tier 1 (To Risk- Weighted Assets) Leverage Ratio/Tier 1 Capital (To Average Assets) Community Banking Leverage Ratio (1) March 31, 2021 CWB’s 12.53 % 11.28 % 11.28 % 8.97 % 8.97 % Minimum capital requirements 8.00 % 6.00 % 4.50 % 4.00 % 8.00 % Well-capitalized requirements 10.00 % 8.00 % 6.50 % N/A 9.00 % Minimum capital requirements including fully-phased in capital conservation buffer 10.50 % 8.50 % 7.00 % N/A N/A (1) Temporary CBLR requires minimum of 8.50% to be considered well-capitalized until January 1, 2022. Total Capital (To Risk- Weighted Assets) Tier 1 Capital (To Risk- Common Equity Tier 1 (To Risk- Weighted Assets) Leverage Ratio/Tier 1 Capital (To Average Assets) December 31, 2020 CWB’s 12.27 % 11.02 % 11.02 % 9.29 % 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 10.50 % 8.50 % 7.00 % N/A There are no conditions or events since March 31, 2021 that management believes have changed the Company’s or the Bank’s risk-based capital category. The Company is closely monitoring capital levels in light of the COVID-19 pandemic, and the potential impact of its effect upon earnings.

REVENUE RECOGNITION

REVENUE RECOGNITION	3 Months Ended
	Mar. 31, 2021
REVENUE RECOGNITION [Abstract]
REVENUE RECOGNITION	10. REVENUE RECOGNITION The Company adopted ASU No, 2014-09 “Revenue from Contracts with Customers” (Topic 606) and all subsequent ASUs that modified Topic 606 on January 1, 2018. 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 clients. 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 clients’ accounts. Exchange Fees and Other Service Charges Exchange fees and other service charges are primarily comprised of debit and credit card income, merchant services income, ATM fees and other service charges. Debit and credit card income is primarily comprised of interchange fees earned whenever the Company’s debit and credit cards are processed through card payment networks such as Visa or MasterCard. Merchant services income is primarily fees charged to merchants to process their debit and credit card transactions. ATM fees are primarily generated when a Company cardholder uses a non-Company ATM, or a non-Company cardholder uses a Company ATM. Other service charges include fees from processing wire transfers, cashier’s checks, and other services. The Company’s performance obligation for exchange and other service charges are largely satisfied, and related revenue recognized, when the services are rendered or upon completion. Payment is typically received immediately or in the following month. The following table presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for periods indicated. Non-interest income Three Months Ended March 31, 2021 2020 In-scope of Topic 606: (in thousands) Service charges on deposit accounts $ 53 $ 120 Exchange fees and other service charges 103 40 Non-interest income (in-scope of Topic 606) 156 160 Non-interest income (out-of-scope of Topic 606) 741 790 Total $ 897 $ 950 Contract Balances A contract asset balance occurs when an entity performs a service for a client before the client 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 client for which the entity has already received payment (or payment is due) from the client. 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 clients, and therefore, does not experience significant contract balances. As of March 31, 2021 and December 31, 2020, 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 client 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 client 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	3 Months Ended
	Mar. 31, 2021
LEASES [Abstract]
LEASES	11. LEASES The Company previously adopted Leases 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 of March 31, 2021, the balance of the right-of-use assets was $5.7 million, and the lease liabilities were $5.7 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. Three Months Ended March 31, 2021 2020 Lease cost: (in thousands) Operating lease cost 250 277 Sublease income — — Total lease cost 250 277 Other information Cash paid for amounts included in the measurement of lease liabilities — — Operating cash flows from operating leases 248 274 Weighted average remaining lease term - operating leases 8.61 years 9.52 Years Weighted average discount rate - operating leases 3.23 % 3.24 % Future minimum operating lease payments: March 31, 2021 2020 (in thousands) 2020 $ — $ 741 2021 744 884 2022 887 779 2023 813 705 2024 821 713 2025 768 705 Thereafter 2,586 2,586 Total future minimum lease payments $ 6,619 $ 7,113 Less remaining imputed interest 866 1,021 Total lease liabilities $ 5,753 $ 6,092

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Nature of Operations	Nature of Operations Community West Bancshares (“CWBC”), incorporated under the laws of the state of California, is a bank holding company providing full-service banking through its wholly-owned subsidiary Community West Bank, N.A. (“CWB” or the “Bank”). Unless indicated otherwise or unless the context suggests otherwise, these entities are referred to herein collectively and on a consolidated basis as the “Company.”
Basis of Presentation	Basis of Presentation The accounting and reporting policies of the Company are in accordance with accounting principles generally accepted in the United States (“GAAP”) and conform to practices within the financial services industry. The accounts of the Company and its consolidated subsidiary are included in these Consolidated Financial Statements. All significant intercompany balances and transactions have been eliminated.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant changes in the near term relate to the determination of the allowance for loan losses and the fair value of securities available for sale. Although Management believes these estimates to be reasonably accurate, actual amounts may differ. In the opinion of Management, all necessary adjustments have been reflected in the financial statements during their preparation.
Interim Financial Information	Interim Financial Information The accompanying unaudited consolidated financial statements as of March 31, 2021 and 2020, and for the three months, have been prepared in a condensed format, and therefore do not include all of the information and footnotes required by GAAP for complete financial statements. These statements have been prepared on a basis that is substantially consistent with the accounting principles applied to our audited consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2020. The information furnished in these interim statements reflects all adjustments which are, in the opinion of Management, necessary for a fair statement of the results for each respective period presented. Such adjustments are of a normal recurring nature. The results of operations in the interim statements are not necessarily indicative of the results that may be expected for any other quarter or for the full year. The interim financial information should be read in conjunction with the Company’s audited consolidated financial statements.
Reclassifications	Reclassifications Certain amounts in the consolidated financial statements as of December 31, 2020 and for the three months ended March 31, 2020 have been reclassified to conform to the current presentation. The reclassifications have no effect on net income, comprehensive income or stockholders’ equity as previously reported.
COVID-19 Pandemic	COVID-19 pandemic The COVID-19 pandemic, first identified in the United States during the first quarter of 2020, has had 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) and the Consolidated Appropriations Act (CAA), including the Paycheck Protection Program (PPP), have lessened the disruptive effects of the COVID-19 pandemic. CWB has actively worked to assist clients 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 clients and our business is dependent on future developments 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, clients, 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 clients 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.
Loans Held for Sale	Loans Held for Sale Loans which are originated and intended for sale in the secondary market are carried at the lower of cost or estimated fair value determined on an aggregate basis. Valuation adjustments, if any, are recognized through a valuation allowance by charges to lower of cost or fair value provision. Loans held for sale are mostly comprised of commercial agriculture and Small Business Association (“SBA”).
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 client’s unused line of credit and fees related to standby letters of credit are recognized over the commitment period. When loans are repaid, any remaining unamortized balances of unearned fees, deferred fees and costs and premiums and discounts paid on purchased loans are accounted for through interest income. Nonaccrual loans: For all loan types, when a loan is placed on nonaccrual status, all interest accrued but uncollected is reversed against interest income in the period in which the status is changed. Subsequent payments received from the client 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 offered short-term modifications made in response to COVID-19 to borrowers who were current and otherwise not past due. These were short-term, 180 days or less, modifications in the form of payment deferrals. With the passage of The Economic Aid Act, the Company modified and extended its payment deferral program. The new program is for 90 days. As of March 31, 2021, 5 loans remained on deferral for a total of $1.4 million. Of the $1.4 million, 3 loans for $1.2 million were new deferrals in 2021.
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 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 - management’s institution’s Substandard - Doubtful - Loss - The Company’s ALL is maintained at a level believed appropriate by management to absorb known and inherent probable losses on existing loans. The allowance is charged for losses when management believes that full recovery on the loan is unlikely. The following is the Company’s policy regarding charging off loans. Commercial, CRE and SBA Loans Charge-offs on these loan categories are taken as soon as all or a portion of any loan balance is deemed to be uncollectible. A loan is considered impaired when, based on current information, it is probable that the Company will be unable to collect the scheduled payments of principal and/or interest under the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and/or interest payments. Loans that experience insignificant payment delays or payment shortfalls generally are not classified as impaired. Generally, loan balances are charged-down to the fair value of the collateral, if, based on a current assessment of the value, an apparent deficiency exists. In the event there is no perceived equity, the loan is charged-off in full. Unsecured loans which are delinquent over 90 days are, without clear support, also charged-off in full. Single Family Real Estate, HELOC’s and Manufactured Housing Loans Consumer loans and residential mortgages secured by one-to-four family residential properties, HELOC and manufactured housing loans in which principal or interest is due and unpaid for 90 days, are evaluated for impairment. Loan balances are charged-off to the fair value of the property, less estimated selling costs, if, based on a current appraisal, an apparent deficiency exists. In the event there is no perceived equity, the loan is generally fully charged-off. Consumer Loans All consumer loans (excluding real estate mortgages, HELOCs and cash secured loans) are charged-off or charged-down to net recoverable value before becoming 120 days or five payments delinquent. The ALL calculation for the different loan portfolios is as follows: • Commercial Real Estate, Commercial, Commercial Agriculture, SBA, HELOC, Single Family Residential, and Consumer – Migration analysis combined with risk rating is used to determine the required ALL for all non-impaired loans. In addition, the migration results are adjusted based upon qualitative factors that affect the specific portfolio category. Reserves on impaired loans are determined based upon the individual characteristics of the loan. • Manufactured Housing – The ALL is calculated on the basis of loss history and risk rating, which is primarily a function of delinquency. In addition, the loss results are adjusted based upon qualitative factors that affect this specific portfolio. The Company evaluates and individually assesses for impairment loans classified as substandard or doubtful in addition to loans either on nonaccrual, considered a TDR or when other conditions exist which lead management to review for possible impairment. Measurement of impairment on impaired loans is determined on a loan-by-loan basis and in total establishes a specific reserve for impaired loans. The amount of impairment is determined by comparing the recorded investment in each loan with its value measured by one of three methods: • The expected future cash flows are estimated and then discounted at the effective interest rate. • The value of the underlying collateral net of selling costs. Selling costs are estimated based on industry standards, the Company’s actual experience or actual costs incurred as appropriate. When evaluating real estate collateral, the Company typically uses appraisals or valuations, no more than twelve months old at time of evaluation. When evaluating non-real estate collateral securing the loan, the Company will use audited financial statements or appraisals no more than twelve months old at time of evaluation. Additionally, for both real estate and non-real estate collateral, the Company may use other sources to determine value as deemed appropriate. • The loan’s observable market price. Interest income is not recognized on impaired loans except for limited circumstances in which a loan, although impaired, continues to perform in accordance with the loan contract and the borrower provides financial information to support maintaining the loan on accrual. The Company determines the appropriate ALL on a monthly basis. Any differences between estimated and actual observed losses from the prior month are reflected in the current period in determining the appropriate ALL determination and adjusted as deemed necessary. The review of the appropriateness of the allowance takes into consideration such factors as concentrations of credit, changes in the growth, size, and composition of the loan portfolio, overall and individual portfolio quality, review of specific problem loans, collateral, guarantees and economic and environmental conditions that may affect the borrowers’ Another component of the ALL considers qualitative factors related to non-impaired loans. The qualitative portion of the allowance on each of the loan pools is based on changes in any of the following factors: • Concentrations of credit • Trends in volume, maturity, and composition of loans • Volume and trend in delinquency, nonaccrual, and classified assets • Economic conditions • Geographic distance • Policy and procedures or underwriting standards • Staff experience and ability • Value of underlying collateral • Competition, legal, or regulatory environment • Results of outside exams and quality of loan review and Board oversight
Off Balance Sheet and Credit Exposure	Off Balance Sheet and Credit Exposure In the ordinary course of business, the Company has entered into off-balance sheet financial instruments consisting of commitments to extend credit and standby letters of credit. Such financial instruments are recorded in the consolidated financial statements when they are funded. They involve, to varying degrees, elements of credit risk in excess of amounts recognized in the consolidated balance sheets. Losses would be experienced when the Company is contractually obligated to make a payment under these instruments and must seek repayment from the borrower, which may not be as financially sound in the current period as they were when the commitment was originally made. Commitments to extend credit are agreements to lend to a client 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 client’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the party. The commitments are collateralized by the same types of assets used as loan collateral. As with outstanding loans, the Company applies qualitative factors to its off-balance sheet obligations in determining an estimate of losses inherent in these contractual obligations. The estimate for loan losses on off-balance sheet instruments is included within other liabilities and the charge to income that establishes this liability is included in non-interest expense.
Foreclosed Real Estate and Repossessed Assets	Foreclosed Real Estate and Repossessed Assets Foreclosed real estate and other repossessed assets are recorded at fair value at the time of foreclosure less estimated costs to sell. Any excess of loan balance over the fair value less estimated costs to sell of the other assets is charged-off against the allowance for loan losses. Any excess of the fair value less estimated costs to sell over the loan balance is recorded as a loan loss recovery to the extent of the loan loss previously charged-off against the allowance for loan losses; and, if greater, recorded as a valuation gain on foreclosed assets. Subsequent to the legal ownership date, the Company periodically performs a new valuation, and the asset is carried at the lower of carrying amount or fair value less estimated costs to sell. Operating expenses or income, and gains or losses on disposition of such properties, are recorded in current operations.
Income Taxes	Income Taxes The Company uses the asset and liability method, which recognizes an asset or liability representing the tax effects of future deductible or taxable amounts that have been recognized in the consolidated financial statements. Due to tax regulations, certain items of income and expense are recognized in different periods for tax return purposes than for financial statement reporting. These items represent “temporary differences.” Deferred income taxes are recognized for the tax effect of temporary differences between the tax basis of assets and liabilities and their financial reporting amounts at each period end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. A valuation allowance is established for deferred tax assets if, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax assets may not be realized. Any interest or penalties assessed by the taxing authorities is classified in the financial statements as income tax expense. Deferred tax assets are included in other assets on the consolidated balance sheets. Management evaluates the Company’s deferred tax asset for recoverability using a consistent approach, which considers the relative impact of negative and positive evidence, including the Company’s historical profitability and projections of future taxable income. The Company is required to establish a valuation allowance for deferred tax assets and record a charge to income if management determines, based on available evidence at the time the determination is made, that it is more likely than not that some portion or all of the deferred tax assets may not be realized. The Company is subject to the provisions of ASC 740, Income Taxes
Earnings Per Share	Earnings Per Share Basic earnings per common share is computed using the weighted average number of common shares outstanding for the period divided into the net income. Diluted earnings per share include the effect of all dilutive potential common shares for the period. Potentially dilutive common shares include stock options.
Recent Accounting Pronouncements	Recent Accounting Pronouncements 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 2020, the FASB reporting.

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	3 Months Ended
	Mar. 31, 2021
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: March 31, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available-for-sale (in thousands) U.S. government agency notes $ 6,280 $ 2 $ (26 ) $ 6,256 U.S. government agency collateralized mortgage obligations (“CMO”) 6,830 33 (13 ) 6,850 Other securities 4,500 — (18 ) 4,482 Total $ 17,610 $ 35 $ (57 ) $ 17,588 Securities held-to-maturity U.S. government agency mortgage-backed securities (“MBS”) $ 3,781 $ 186 $ (1 ) $ 3,966 Total $ 3,781 $ 186 $ (1 ) $ 3,966 Securities measured at fair value Equity securities: Farmer Mac class A stock $ 66 $ 135 $ — $ 201 Total $ 66 $ 135 $ — $ 201 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
Maturity Periods and Weighted Average Yields of Investment Securities	The maturity periods and weighted average yields of investment securities at the period ends indicated were as follows: March 31, 2021 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 $ — — $ 767 0.6 % $ 5,489 1.2 % $ — — $ 6,256 1.2 % U.S. government agency CMO 161 2.1 % 3,147 0.5 % 2,643 0.6 % 899 0.9 % 6,850 0.6 % Other securities — — 2,987 4.8 % 1,495 3.7 % — — 4,482 4.4 % Total $ 161 2.1 % $ 6,901 2.3 % $ 9,627 1.5 % $ 899 0.9 % $ 17,588 1.8 % Securities held-to-maturity U.S. government agency MBS $ — — $ 1,513 3.3 % $ 2,268 2.8 % $ — — $ 3,781 3.0 % Total $ — — $ 1,513 3.3 % $ 2,268 2.8 % $ — — $ 3,781 3.0 % Securities measured at fair value Farmer Mac class A stock $ — — $ — — $ — — $ — — $ 201 — Total $ — — $ — — $ — — $ — — $ 201 — 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 0 5,832 0.6 % 1,133 0.8 % — — 7,785 2.3 % — 0.0 % 3,051 4.8 % — 0.0 % — 0.0 % 3,051 4.8 % Total $ 820 0 $ 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 —
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: March 31, 2021 December 31, 2020 Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Securities available-for-sale (in thousands) Due in one year or less $ 160 $ 161 $ 817 $ 820 After one year through five years 6,903 6,901 9,594 9,667 After five years through ten years 9,643 9,627 6,855 6,821 After ten years 904 899 — — Total $ 17,610 $ 17,588 $ 17,266 $ 17,308 Securities held-to-maturity Due in one year or less $ — $ — $ — $ — After one year through five years 1,513 1,583 3,821 3,965 After five years through ten years 2,268 2,383 765 889 After ten years — — — — Total $ 3,781 $ 3,966 $ 4,586 $ 4,854 Securities measured at fair value Farmer Mac class A stock $ 66 $ 201 $ 66 $ 149 Total $ 66 $ 201 $ 66 $ 149
Fair Value and Unrealized Losses of Securities in Unrealized Loss Position	The following tables show all securities that are in an unrealized loss position: March 31, 2021 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 $ 767 $ 7 $ 767 U.S. government agency CMO — — 32 5,202 32 5,202 Other securities 18 4,482 — — 18 4,482 Total $ 18 $ 4,482 $ 39 $ 5,969 $ 57 $ 10,451 Securities held-to-maturity U.S. government agency MBS $ — $ — $ — $ — $ — $ — Total $ — $ — $ — $ — $ — $ — Securities measured at fair value Farmer Mac class A stock $ — $ — $ — $ — $ — $ — Total $ — $ — $ — $ — $ — $ — 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 Farmer Mac class A stock $ — $ — $ — $ — $ — $ — Total $ — $ — $ — $ — $ — $ —

LOANS HELD FOR INVESTMENT (Tabl

LOANS HELD FOR INVESTMENT (Tables)	3 Months Ended
	Mar. 31, 2021
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: March 31, December 31, 2021 2020 (in thousands) Manufactured housing $ 284,583 $ 280,284 Commercial real estate 407,336 402,148 Commercial 55,944 57,933 SBA 97,988 73,131 HELOC 3,846 3,861 Single family real estate 10,966 10,490 Consumer 10 133 860,673 827,980 Allowance for loan losses (10,233 ) (10,194 ) Deferred fees, net (2,544 ) (1,583 ) Discount on SBA loans (48 ) (49 ) Total loans held for investment, net $ 847,848 $ 816,154
Contractual Aging of Recorded Investment in Past Due Held for Investment Loans by Class of Loans	The following table presents the contractual aging of the recorded investment in past due held for investment loans by class of loans: March 31, 2021 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 $ 284,137 $ 214 $ — $ — $ 214 $ 232 $ 284,583 $ — Commercial real estate: Commercial real estate 368,386 — — — — — 368,386 — SBA 504 1st trust deed 16,250 — — — — 1,428 17,678 — Land 8,306 — — — — — 8,306 — Construction 12,967 — — — — — 12,967 — Commercial 55,944 — — — — — 55,944 — SBA 97,824 — — — — 164 97,988 — HELOC 3,846 — — — — — 3,846 — Single family real estate 10,842 — — — — 124 10,966 — Consumer 10 — — — — — 10 — Total $ 858,511 $ 214 $ — $ — $ 214 $ 1,948 $ 860,673 $ — 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 $ —
Analysis of Allowance for Loan Losses for Loans Held for Investment	The following table summarizes the changes in the allowance for loan losses: Three Months Ended March 31, 2021 2020 (in thousands) Beginning balance $ 10,194 $ 8,717 Charge-offs — — Recoveries 212 58 Net recoveries 212 58 Provision (credit) (173 ) 392 Ending balance $ 10,233 $ 9,167 As of March 31, 2021 and December 31, 2020, the Company had reserves for credit losses on undisbursed loans of $82,000 and $92,000, respectively, which were included in other liabilities. The following tables summarize the changes in the allowance for loan losses by portfolio type: For the Three Months Ended March 31, Manufactured Housing Commercial Real Estate Commercial SBA HELOC Single Family Real Estate Consumer Total 2021 (in thousands) Beginning balance $ 2,612 $ 5,950 $ 1,379 $ 118 $ 25 $ 108 $ 2 $ 10,194 Charge-offs — — — — — — — — Recoveries 139 20 10 41 2 — — 212 Net recoveries 139 20 10 41 2 — — 212 Provision (credit) (128 ) 250 (281 ) (29 ) (2 ) 18 (1 ) (173 ) Ending balance $ 2,623 $ 6,220 $ 1,108 $ 130 $ 25 $ 126 $ 1 $ 10,233 2020 Beginning balance $ 2,184 $ 5,217 $ 1,162 $ 32 $ 27 $ 92 $ 3 $ 8,717 Charge-offs — — — — — — — — Recoveries 6 20 27 3 2 — — 58 Net recoveries 6 20 27 3 2 — — 58 Provision (credit) 174 247 (25 ) (6 ) (2 ) 4 — 392 Ending balance $ 2,364 $ 5,484 $ 1,164 $ 29 $ 27 $ 96 $ 3 $ 9,167
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 March 31, 2021: (in thousands) Recorded Investment: Impaired loans with an allowance recorded $ 4,200 $ 227 $ — $ — $ — $ 443 $ — $ 4,870 Impaired loans with no allowance recorded 1,809 1,427 1,789 420 — 1,850 — 7,295 Total loans individually evaluated for impairment 6,009 1,654 1,789 420 — 2,293 — 12,165 Loans collectively evaluated for impairment 278,574 405,682 54,155 97,568 3,846 8,673 10 848,508 Total loans held for investment $ 284,583 $ 407,336 $ 55,944 $ 97,988 $ 3,846 $ 10,966 $ 10 $ 860,673 Unpaid Principal Balance Impaired loans with an allowance recorded $ 4,200 $ 227 $ — $ — $ — $ 443 $ — $ 4,870 Impaired loans with no allowance recorded 2,412 1,467 1,789 911 — 1,850 — 8,429 Total loans individually evaluated for impairment 6,612 1,694 1,789 911 — 2,293 — 13,299 Loans collectively evaluated for impairment 278,574 405,682 54,155 97,568 3,846 8,673 10 848,508 Total loans held for investment $ 285,186 $ 407,376 $ 55,944 $ 98,479 $ 3,846 $ 10,966 $ 10 $ 861,807 Related Allowance for Credit Losses Impaired loans with an allowance recorded $ 261 $ 17 $ — $ — $ — $ 15 $ — $ 293 Impaired loans with no allowance recorded — — — — — — — — Total loans individually evaluated for impairment 261 17 — — — 15 — 293 Loans collectively evaluated for impairment 2,362 6,203 1,108 130 25 111 1 9,940 Total loans held for investment $ 2,623 $ 6,220 $ 1,108 $ 130 $ 25 $ 126 $ 1 $ 10,233 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 Credit 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
Impaired Loans by Class	The following table summarizes impaired loans by class of loans: March 31, 2021 December 31, 2020 (in thousands) Manufactured housing $ 6,009 $ 6,696 Commercial real estate : Commercial real estate — — SBA 504 1st trust deed 1,654 1,698 Land — — Construction — — Commercial 1,789 1,504 SBA 420 292 HELOC — — Single family real estate 2,293 2,309 Consumer — — Total $ 12,165 $ 12,499
Average Investment in Impaired Loans by Class and Related Interest Income Recognized	The following tables summarize average investment in impaired loans by class of loans and the related interest income recognized: Three Months Ended March 31, 2021 2020 Average Investment in Impaired Loans Interest Income Average in Impaired Interest Income (in thousands) Manufactured housing $ 6,311 $ 113 $ 7,923 $ 135 Commercial real estate: Commercial real estate — — 84 — SBA 504 1st trust deed 1,666 38 234 4 Land — — — — Construction — — — — Commercial 1,636 27 1,754 2 SBA 353 4 371 — HELOC — — — — Single family real estate 2,286 28 2,329 31 Consumer — — — — Total $ 12,252 $ 210 $ 12,695 $ 172
Recorded Investment in Certain Types of Loans	The following table reflects the recorded investment in certain types of loans at the periods indicated: March 31, 2021 December 31, 2020 (in thousands) Nonaccrual loans $ 1,948 $ 3,872 Government guaranteed portion of loans included above $ 123 $ 207 Troubled debt restructured loans, gross $ 11,160 $ 11,141 Loans 30 through 89 days past due with interest accruing $ 214 $ 1,889 Loans 90 days or more past due with interest accruing $ — $ — Allowance for loan losses to gross loans held for investment 1.19 % 1.23 %
Composition of Net Nonaccrual Loans	The following table presents the composition of nonaccrual loans by class of loans: March 31, 2021 December 31, 2020 (in thousands) Manufactured housing $ 232 $ 614 Commercial real estate: Commercial real estate — — SBA 504 1st trust deed 1,428 1,469 Land — — Construction — — Commercial — 1,390 SBA 164 275 HELOC — — Single family real estate 124 124 Consumer — — Total $ 1,948 $ 3,872
Gross Loans by Risk Rating	The following tables present gross loans by risk rating: March 31, 2021 Pass Special Mention Substandard Doubtful Total (in thousands) Manufactured housing $ 283,448 $ — $ 1,135 $ — $ 284,583 Commercial real estate: Commercial real estate 348,608 6,203 12,258 — 367,069 SBA 504 1st trust deed 14,722 — 2,956 — 17,678 Land 8,306 — — — 8,306 Construction 12,967 — — — 12,967 Commercial 47,342 750 3,465 — 51,557 SBA 2,345 27 290 — 2,662 HELOC 3,846 — — — 3,846 Single family real estate 10,669 — 297 — 10,966 Consumer 10 — — — 10 Total, net 732,262 6,980 20,401 — 759,643 Government guarantee 97,347 — 3,682 — 101,029 Total $ 829,610 $ 6,980 $ 24,083 $ — $ 860,673 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
Troubled Debt Restructurings	The following tables summarize the financial effects of TDR loans by loan class for the periods presented: For the Three Months Ended March 31, 2021 Number of Loans Pre- Modification Recorded Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Extension Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing — $ — $ — $ — $ — $ — Total — $ — $ — $ — $ — $ — For the Three Months Ended March 31, 2020 Number of Loans Pre- Modification Recorded Post Modification Recorded Investment Balance of Loans with Rate Reduction Balance of Loans with Term Extension Effect on Allowance for Loan Losses (dollars in thousands) Manufactured housing 1 $ 56 $ 56 $ 56 $ 56 $ 1 Total 1 $ 56 $ 56 $ 56 $ 56 $ 1

OTHER ASSETS ACQUIRED THROUGH_2

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE (Tables)	3 Months Ended
	Mar. 31, 2021
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE [Abstract]
Other Assets Acquired through Foreclosure	The following table summarizes the changes in other assets acquired through foreclosure: Three Months Ended March 31, 2021 2020 (in thousands) Balance, beginning of period $ 2,614 $ 2,524 Additions 136 106 Proceeds from dispositions — — Gain (loss) on foreclosed assets, net (178 ) 77 Third-party portion of writedown/loss — — Balance, end of period $ 2,572 $ 2,707

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	3 Months Ended
	Mar. 31, 2021
FAIR VALUE MEASUREMENT [Abstract]
Fair Value Measurements of Assets Measured on a Recurring Basis	The following tables summarize the fair value of assets measured on a recurring basis: Fair Value Measurements at the End of the March 31, 2021 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Fair Value Assets: (in thousands) Investment securities measured at fair value $ 201 $ — $ — $ 201 Investment securities available-for-sale — 17,588 — 17,588 Interest only strips — — 23 23 Servicing assets — — 1,485 1,485 Total $ 201 $ 17,588 $ 1,508 $ 19,297 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 — 12,759 1,498 14,257 Interest only strips — — 27 27 Servicing assets — — 1,461 1,461 Total $ 149 $ 12,759 $ 2,986 $ 15,894
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) March 31, 2021: Impaired loans $ 3,829 $ — $ 3,829 $ — Loans held for sale 32,679 — 32,679 — Foreclosed real estate and repossessed assets 2,572 — 2,572 — Total $ 39,080 $ — $ 39,080 $ — Fair Value Measurements at the End of the Reporting Period Using: Total Quoted Prices in Active Markets for Identical Assets (Level 1) Active Markets for Similar Assets (Level 2) Unobservable Inputs (Level 3) (in thousands) December 31, 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 — Total $ 40,907 $ — $ 40,907 $ —
Estimated Fair Values and Carrying Values of Financial Instruments	The estimated fair value of the Company’s financial instruments are as follows: March 31, 2021 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total Financial assets: (in thousands) Cash and cash equivalents $ 73,735 $ 73,735 $ — $ — $ 73,735 FRB and FHLB stock 4,633 — 4,633 — 4,633 Investment securities 21,570 201 21,554 — 21,755 Loans, net 877,615 — 894,890 8,044 902,934 Financial liabilities: Deposits 804,521 — 804,893 — 804,893 Other borrowings 105,000 — 105,409 — 105,409 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

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	3 Months Ended
	Mar. 31, 2021
STOCKHOLDERS' EQUITY [Abstract]
Changes in Other Comprehensive Income (Loss) by Component, Net of Tax	The following table summarizes the changes in other comprehensive income (loss) by component, net of tax for the period indicated: Three Months Ended March 31, 2021 2020 Unrealized holding gains (losses ) on AFS (in thousands) Beginning balance $ 35 $ (78 ) Other comprehensive loss before reclassifications (45 ) (34 ) Amounts reclassified from accumulated other comprehensive income — — Net current-period other comprehensive loss (45 ) (34 ) Ending Balance $ (10 ) $ (112 )

CAPITAL REQUIREMENT (Tables)

CAPITAL REQUIREMENT (Tables)	3 Months Ended
	Mar. 31, 2021
CAPITAL REQUIREMENT [Abstract]
Bank's Regulatory Ratios and Federal Reserve's Current Adequacy Guidelines	The following tables illustrate the Bank’s regulatory ratios and the Federal Reserve’s current adequacy guidelines as of March 31, 2021 and December 31, 2020. The Federal Reserve’s fully phased-in guidelines applicable in 2019 are also summarized. Total Capital (To Risk- Weighted Assets) Tier 1 Capital (To Risk- Weighted Assets) Common Equity Tier 1 (To Risk- Weighted Assets) Leverage Ratio/Tier 1 Capital (To Average Assets) Community Banking Leverage Ratio (1) March 31, 2021 CWB’s 12.53 % 11.28 % 11.28 % 8.97 % 8.97 % Minimum capital requirements 8.00 % 6.00 % 4.50 % 4.00 % 8.00 % Well-capitalized requirements 10.00 % 8.00 % 6.50 % N/A 9.00 % Minimum capital requirements including fully-phased in capital conservation buffer 10.50 % 8.50 % 7.00 % N/A N/A (1) Temporary CBLR requires minimum of 8.50% to be considered well-capitalized until January 1, 2022. Total Capital (To Risk- Weighted Assets) Tier 1 Capital (To Risk- Common Equity Tier 1 (To Risk- Weighted Assets) Leverage Ratio/Tier 1 Capital (To Average Assets) December 31, 2020 CWB’s 12.27 % 11.02 % 11.02 % 9.29 % 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 10.50 % 8.50 % 7.00 % N/A

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	3 Months Ended
	Mar. 31, 2021
REVENUE RECOGNITION [Abstract]
Non-Interest Income	The following table presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for periods indicated. Non-interest income Three Months Ended March 31, 2021 2020 In-scope of Topic 606: (in thousands) Service charges on deposit accounts $ 53 $ 120 Exchange fees and other service charges 103 40 Non-interest income (in-scope of Topic 606) 156 160 Non-interest income (out-of-scope of Topic 606) 741 790 Total $ 897 $ 950

LEASES (Tables)

LEASES (Tables)	3 Months Ended
	Mar. 31, 2021
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. Three Months Ended March 31, 2021 2020 Lease cost: (in thousands) Operating lease cost 250 277 Sublease income — — Total lease cost 250 277 Other information Cash paid for amounts included in the measurement of lease liabilities — — Operating cash flows from operating leases 248 274 Weighted average remaining lease term - operating leases 8.61 years 9.52 Years Weighted average discount rate - operating leases 3.23 % 3.24 %
Future Minimum Operating Lease Payments	Future minimum operating lease payments: March 31, 2021 2020 (in thousands) 2020 $ — $ 741 2021 744 884 2022 887 779 2023 813 705 2024 821 713 2025 768 705 Thereafter 2,586 2,586 Total future minimum lease payments $ 6,619 $ 7,113 Less remaining imputed interest 866 1,021 Total lease liabilities $ 5,753 $ 6,092

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) $ in Millions	3 Months Ended
	Mar. 31, 2021USD ($)LoanCategoryPayment
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]
Number of loans modified due to COVID-19 | Loan	5
Number of days on new deferral program for modifications of payment deferrals	90 days
Amount of loans modified due to COVID-19 | $	$ 1.4
Number of loans modified in current period due to COVID-19 | Loan	3
Amount of loans modified in current period due to COVID-19 | $	$ 1.2
Minimum [Member]
Loans Held for Investment and Interest and Fees from Loans [Abstract]
Period of delinquency after which a loan is placed in a nonaccrual status	90 days
Pass/Management Attention Risk [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Number of categories in pass categories | Category	4
Number of categories considered to be acceptable loans | Category	3
Other Personal Loans [Member] | Maximum [Member]
Loans Held for Investment and Interest and Fees from Loans [Abstract]
Threshold period past due for write-off of loans	120 days
Commercial [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due for unsecured loans to be charged off	90 days
Commercial Real Estate [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due for unsecured loans to be charged off	90 days
SBA [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due for unsecured loans to be charged off	90 days
Single Family Real Estate [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due after which loans are evaluated for impairment	90 days
HELOC [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due after which loans are evaluated for impairment	90 days
Manufactured Housing [Member]
Allowance for Loan Losses and Provision for Loan Losses [Abstract]
Period past due after which loans are evaluated for impairment	90 days
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

INVESTMENT SECURITIES, Securiti

INVESTMENT SECURITIES, Securities Available-for-Sale (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Securities available-for-sale [Abstract]
Amortized cost	$ 17,610	$ 17,266
Gross unrealized gains	35	87
Gross unrealized (losses)	(57)	(45)
Fair value	17,588	17,308
U.S. Government Agency Notes [Member]
Securities available-for-sale [Abstract]
Amortized cost	6,280	6,501
Gross unrealized gains	2	1
Gross unrealized (losses)	(26)	(30)
Fair value	6,256	6,472
U.S. Government Agency Collateralized Mortgage Obligations ("CMO") [Member]
Securities available-for-sale [Abstract]
Amortized cost	6,830	7,765
Gross unrealized gains	33	33
Gross unrealized (losses)	(13)	(13)
Fair value	6,850	7,785
Other Securities [Member]
Securities available-for-sale [Abstract]
Amortized cost	4,500	3,000
Gross unrealized gains	0	53
Gross unrealized (losses)	(18)	(2)
Fair value	$ 4,482	$ 3,051

INVESTMENT SECURITIES, Securi_2

INVESTMENT SECURITIES, Securities Held-to-Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Securities held-to-maturity [Abstract]
Amortized cost	$ 3,781	$ 4,586
Gross unrealized gains	186	269
Gross unrealized (losses)	(1)	(1)
Fair value	3,966	4,854
U.S. Government Agency Mortgage Backed Securities ("MBS") [Member]
Securities held-to-maturity [Abstract]
Amortized cost	3,781	4,586
Gross unrealized gains	186	269
Gross unrealized (losses)	(1)	(1)
Fair value	$ 3,966	$ 4,854

INVESTMENT SECURITIES, Securi_3

INVESTMENT SECURITIES, Securities Measured at Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Securities measured at fair value [Abstract]
Amortized cost	$ 66	$ 66
Gross unrealized gains	135	83
Gross unrealized (losses)	0	0
Fair value	201	149
Equity Securities: Farmer Mac Class A Stock [Member]
Securities measured at fair value [Abstract]
Amortized cost	66	66
Gross unrealized gains	135	83
Gross unrealized losses	0	0
Fair value	201	149
Fair value	$ 201	$ 149

INVESTMENT SECURITIES, Securi_4

INVESTMENT SECURITIES, Securities Pledged as Collateral (Details) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
INVESTMENT SECURITIES [Abstract]
Securities pledged as collateral to the Federal Home Loan Bank ("FHLB")	$ 16.9	$ 18.9

INVESTMENT SECURITIES, Maturity

INVESTMENT SECURITIES, Maturity Periods and Weighted Average Yields (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Maturity periods and weighted average yields of investment securities available-for-sale [Abstract]
Less than one year, amount	$ 161	$ 820
Less than one year, yield	2.10%	0.00%
One to five years, amount	$ 6,901	$ 9,667
One to five years, yield	2.30%	1.90%
Five to ten years, amount	$ 9,627	$ 6,821
Five to ten years, yield	1.50%	1.50%
Over ten years, amount	$ 899	$ 0
Over ten years, yield	0.90%	0.00%
Total amount	$ 17,588	$ 17,308
Total yield	1.80%	1.60%
Securities measured at fair value, amount	$ 201	$ 149
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	$ 1,513	$ 3,821
One to five years, yield	3.30%	2.80%
Five to ten years, amount	$ 2,268	$ 765
Five to ten years, yield	2.80%	3.60%
Over ten years, amount	$ 0	$ 0
Over ten years, yield	0.00%	0.00%
Total amount	$ 3,781	$ 4,586
Total yield	3.00%	2.90%
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	$ 767	$ 784
One to five years, yield	0.60%	0.60%
Five to ten years, amount	$ 5,489	$ 5,688
Five to ten years, yield	1.20%	1.70%
Over ten years, amount	$ 0	$ 0
Over ten years, yield	0.00%	0.00%
Total amount	$ 6,256	$ 6,472
Total yield	1.20%	1.20%
U.S. Government Agency CMO [Member]
Maturity periods and weighted average yields of investment securities available-for-sale [Abstract]
Less than one year, amount	$ 161	$ 820
Less than one year, yield	2.10%	0.00%
One to five years, amount	$ 3,147	$ 5,832
One to five years, yield	0.50%	0.60%
Five to ten years, amount	$ 2,643	$ 1,133
Five to ten years, yield	0.60%	0.80%
Over ten years, amount	$ 899	$ 0
Over ten years, yield	0.90%	0.00%
Total amount	$ 6,850	$ 7,785
Total yield	0.60%	2.30%
Other Securities [Member]
Maturity periods and weighted average yields of investment securities available-for-sale [Abstract]
Less than one year, amount	$ 0	$ 0
Less than one year, yield	0.00%	0.00%
One to five years, amount	$ 2,987	$ 3,051
One to five years, yield	4.80%	4.80%
Five to ten years, amount	$ 1,495	$ 0
Five to ten years, yield	3.70%	0.00%
Over ten years, amount	$ 0	$ 0
Over ten years, yield	0.00%	0.00%
Total amount	$ 4,482	$ 3,051
Total yield	4.40%	4.80%
U.S. Government Agency MBS [Member]
Maturity periods and weighted average yields of investment securities held-to-maturity [Abstract]
Less than one year, amount	$ 0	$ 0
Less than one year, yield	0.00%	0.00%
One to five years, amount	$ 1,513	$ 3,821
One to five years, yield	3.30%	2.80%
Five to ten years, amount	$ 2,268	$ 765
Five to ten years, yield	2.80%	3.60%
Over ten years, amount	$ 0	$ 0
Over ten years, yield	0.00%	0.00%
Total amount	$ 3,781	$ 4,586
Total yield	3.00%	2.90%
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	$ 201	$ 149
Securities measured at fair value, yield	0.00%	0.00%

INVESTMENT SECURITIES, Investme

INVESTMENT SECURITIES, Investment Securities by Contractual Maturities (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Securities available-for-sale, Amortized Cost [Abstract]
Due in one year or less	$ 160	$ 817
After one year through five years	6,903	9,594
After five years through ten years	9,643	6,855
After ten years	904	0
Amortized cost	17,610	17,266
Securities available for sale, Estimated Fair Value [Abstract]
Due in one year or less	161	820
After one year through five years	6,901	9,667
After five years through ten years	9,627	6,821
After ten years	899	0
Estimated fair value	17,588	17,308
Securities held to maturity, Amortized Cost [Abstract]
Due in one year or less	0	0
After one year through five years	1,513	3,821
After five years through ten years	2,268	765
After ten years	0	0
Amortized cost	3,781	4,586
Securities held to maturity, Estimated Fair Value [Abstract]
Due in one year or less	0	0
After one year through five years	1,583	3,965
After five years through ten years	2,383	889
After ten years	0	0
Estimated fair value	3,966	4,854
Securities measured at fair value [Abstract]
Amortized cost	66	66
Fair value	$ 201	$ 149

INVESTMENT SECURITIES, Unrealiz

INVESTMENT SECURITIES, Unrealized Loss Positions (Details) $ in Thousands	Mar. 31, 2021USD ($)Security	Dec. 31, 2020USD ($)Security
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	$ 18	$ 2
More than twelve months, gross unrealized losses	39	43
Total, gross unrealized losses	57	45
Less than twelve months, fair value	4,482	1,498
More than twelve months, fair value	5,969	6,805
Total, fair value	10,451	8,303
Securities held-to-maturity, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	0	1
More than twelve months, gross unrealized losses	0	0
Total, gross unrealized losses	0	1
Less than twelve months, fair value	0	185
More than twelve months, fair value	0	0
Total, fair value	0	185
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	13
U.S. Government Agency Notes [Member]
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	$ 0	$ 0
More than twelve months, gross unrealized losses	7	7
Total, gross unrealized losses	7	7
Less than twelve months, fair value	0	0
More than twelve months, fair value	767	784
Total, fair value	767	784
U.S. Government Agency CMO [Member]
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	0	0
More than twelve months, gross unrealized losses	32	36
Total, gross unrealized losses	32	36
Less than twelve months, fair value	0	0
More than twelve months, fair value	5,202	6,021
Total, fair value	5,202	6,021
Other Securities [Member]
Securities available-for-sale, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	18	2
More than twelve months, gross unrealized losses	0	0
Total, gross unrealized losses	18	2
Less than twelve months, fair value	4,482	1,498
More than twelve months, fair value	0	0
Total, fair value	4,482	1,498
U.S. Government Agency MBS [Member]
Securities held-to-maturity, continuous unrealized loss position [Abstract]
Less than twelve months, gross unrealized losses	0	1
More than twelve months, gross unrealized losses	0	0
Total, gross unrealized losses	0	1
Less than twelve months, fair value	0	185
More than twelve months, fair value	0	0
Total, fair value	0	185
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

LOANS HELD FOR SALE (Details)

LOANS HELD FOR SALE (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Loans Held for Sale [Abstract]
Loans included in loans held for sale	$ 29,767	$ 31,229
SBA [Member]
Loans Held for Sale [Abstract]
Loans included in loans held for sale	8,100	8,300
Principal balance of loan serviced	3,800	4,000
US Department of Agriculture [Member]
Loans Held for Sale [Abstract]
Loans included in loans held for sale	21,600	22,900
Principal balance of loan serviced	$ 1,900	$ 1,900

LOANS HELD FOR INVESTMENT (Deta

LOANS HELD FOR INVESTMENT (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
Loans held for investment [Abstract]
Loans held for investment, gross	$ 860,673	$ 827,980
Allowance for loan losses	(10,233)	(10,194)	$ (9,167)	$ (8,717)
Deferred fees, net	(2,544)	(1,583)
Discount on SBA loans	(48)	(49)
Total loans held for investment, net	847,848	816,154
Manufactured Housing [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	284,583	280,284
Allowance for loan losses	(2,623)	(2,612)	(2,364)	(2,184)
Commercial Real Estate [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	407,336	402,148
Allowance for loan losses	(6,220)	(5,950)	(5,484)	(5,217)
Commercial [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	55,944	57,933
Allowance for loan losses	(1,108)	(1,379)	(1,164)	(1,162)
SBA [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	97,988	73,131
Allowance for loan losses	(130)	(118)	(29)	(32)
HELOC [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	3,846	3,861
Allowance for loan losses	(25)	(25)	(27)	(27)
Single Family Real Estate [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	10,966	10,490
Allowance for loan losses	(126)	(108)	(96)	(92)
Consumer [Member]
Loans held for investment [Abstract]
Loans held for investment, gross	10	133
Allowance for loan losses	$ (1)	$ (2)	$ (3)	$ (3)

LOANS HELD FOR INVESTMENT, Fina

LOANS HELD FOR INVESTMENT, Financing Receivables Past Due (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Aging of loans held for investment [Abstract]
Current	$ 858,511	$ 822,219
Total past due	214	1,889
Nonaccrual	1,948	3,872
Total loans held for investment	860,673	827,980
Recorded investment over 90 days and accruing	0	0
30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	214	1,808
60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	81
Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Manufactured Housing [Member]
Aging of loans held for investment [Abstract]
Current	284,137	277,873
Total past due	214	1,797
Nonaccrual	232	614
Total loans held for investment	284,583	280,284
Recorded investment over 90 days and accruing	0	0
Manufactured Housing [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	214	1,716
Manufactured Housing [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	81
Manufactured Housing [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial Real Estate [Member]
Aging of loans held for investment [Abstract]
Total loans held for investment	407,336	402,148
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Aging of loans held for investment [Abstract]
Current	368,386	360,345
Total past due	0	0
Nonaccrual	0	0
Total loans held for investment	368,386	360,345
Recorded investment over 90 days and accruing	0	0
Commercial Real Estate [Member] | Commercial Real Estate [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial Real Estate [Member] | Commercial Real Estate [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Aging of loans held for investment [Abstract]
Current	16,250	16,423
Total past due	0	0
Nonaccrual	1,428	1,469
Total loans held for investment	17,678	17,892
Recorded investment over 90 days and accruing	0	0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial Real Estate [Member] | Land [Member]
Aging of loans held for investment [Abstract]
Current	8,306	6,528
Total past due	0	0
Nonaccrual	0	0
Total loans held for investment	8,306	6,528
Recorded investment over 90 days and accruing	0	0
Commercial Real Estate [Member] | Land [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial Real Estate [Member] | Land [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial Real Estate [Member] | Land [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial Real Estate [Member] | Construction [Member]
Aging of loans held for investment [Abstract]
Current	12,967	17,383
Total past due	0	0
Nonaccrual	0	0
Total loans held for investment	12,967	17,383
Recorded investment over 90 days and accruing	0	0
Commercial Real Estate [Member] | Construction [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial Real Estate [Member] | Construction [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial Real Estate [Member] | Construction [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial [Member]
Aging of loans held for investment [Abstract]
Current	55,944	56,451
Total past due	0	92
Nonaccrual	0	1,390
Total loans held for investment	55,944	57,933
Recorded investment over 90 days and accruing	0	0
Commercial [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	92
Commercial [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Commercial [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
SBA [Member]
Aging of loans held for investment [Abstract]
Current	97,824	72,856
Total past due	0	0
Nonaccrual	164	275
Total loans held for investment	97,988	73,131
Recorded investment over 90 days and accruing	0	0
SBA [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
SBA [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
SBA [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
HELOC [Member]
Aging of loans held for investment [Abstract]
Current	3,846	3,861
Total past due	0	0
Nonaccrual	0	0
Total loans held for investment	3,846	3,861
Recorded investment over 90 days and accruing	0	0
HELOC [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
HELOC [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
HELOC [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Single Family Real Estate [Member]
Aging of loans held for investment [Abstract]
Current	10,842	10,366
Total past due	0	0
Nonaccrual	124	124
Total loans held for investment	10,966	10,490
Recorded investment over 90 days and accruing	0	0
Single Family Real Estate [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Single Family Real Estate [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Single Family Real Estate [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Consumer [Member]
Aging of loans held for investment [Abstract]
Current	10	133
Total past due	0	0
Nonaccrual	0	0
Total loans held for investment	10	133
Recorded investment over 90 days and accruing	0	0
Consumer [Member] | 30-59 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Consumer [Member] | 60-89 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	0	0
Consumer [Member] | Over 90 Days Past Due [Member]
Aging of loans held for investment [Abstract]
Total past due	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Allo

LOANS HELD FOR INVESTMENT, Allowance for Credit Losses by Portfolio Type (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Summary of allowance for loan losses [Roll Forward]
Beginning balance	$ 10,194	$ 8,717
Charge-offs	0	0
Recoveries	212	58
Net recoveries (charge-offs)	212	58
Provision (credit)	(173)	392
Ending balance	10,233	9,167
Reserve for credit losses on undisbursed loans	82		$ 92
Manufactured Housing [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	2,612	2,184
Charge-offs	0	0
Recoveries	139	6
Net recoveries (charge-offs)	139	6
Provision (credit)	(128)	174
Ending balance	2,623	2,364
Commercial Real Estate [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	5,950	5,217
Charge-offs	0	0
Recoveries	20	20
Net recoveries (charge-offs)	20	20
Provision (credit)	250	247
Ending balance	6,220	5,484
Commercial [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	1,379	1,162
Charge-offs	0	0
Recoveries	10	27
Net recoveries (charge-offs)	10	27
Provision (credit)	(281)	(25)
Ending balance	1,108	1,164
SBA [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	118	32
Charge-offs	0	0
Recoveries	41	3
Net recoveries (charge-offs)	41	3
Provision (credit)	(29)	(6)
Ending balance	130	29
HELOC [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	25	27
Charge-offs	0	0
Recoveries	2	2
Net recoveries (charge-offs)	2	2
Provision (credit)	(2)	(2)
Ending balance	25	27
Single Family Real Estate [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	108	92
Charge-offs	0	0
Recoveries	0	0
Net recoveries (charge-offs)	0	0
Provision (credit)	18	4
Ending balance	126	96
Consumer [Member]
Summary of allowance for loan losses [Roll Forward]
Beginning balance	2	3
Charge-offs	0	0
Recoveries	0	0
Net recoveries (charge-offs)	0	0
Provision (credit)	(1)	0
Ending balance	$ 1	$ 3

LOANS HELD FOR INVESTMENT, Impa

LOANS HELD FOR INVESTMENT, Impaired Financing Receivables (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	$ 4,870	$ 5,081
Impaired loans with no allowance recorded	7,295	7,418
Total loans individually evaluated for impairment	12,165	12,499
Loans collectively evaluated for impairment	848,508	815,481
Total loans held for investment	860,673	827,980
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	4,870	5,081
Impaired loans with no allowance recorded	8,429	9,190
Total loans individually evaluated for impairment	13,299	14,271
Loans collectively evaluated for impairment	848,508	815,481
Total loans held for investment	861,807	829,752
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	293	311
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	293	311
Loans collectively evaluated for impairment	9,940	9,883
Total loans held for investment	10,233	10,194
Total impaired loans	12,165	12,499
Loans Guaranteed by Government Agencies [Member]
Related Allowance for Credit Losses [Abstract]
Total impaired loans	700	700
Manufactured Housing [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	4,200	4,402
Impaired loans with no allowance recorded	1,809	2,294
Total loans individually evaluated for impairment	6,009	6,696
Loans collectively evaluated for impairment	278,574	273,588
Total loans held for investment	284,583	280,284
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	4,200	4,402
Impaired loans with no allowance recorded	2,412	3,066
Total loans individually evaluated for impairment	6,612	7,468
Loans collectively evaluated for impairment	278,574	273,588
Total loans held for investment	285,186	281,056
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	261	279
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	261	279
Loans collectively evaluated for impairment	2,362	2,333
Total loans held for investment	2,623	2,612
Total impaired loans	6,009	6,696
Commercial Real Estate [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	227	230
Impaired loans with no allowance recorded	1,427	1,468
Total loans individually evaluated for impairment	1,654	1,698
Loans collectively evaluated for impairment	405,682	400,450
Total loans held for investment	407,336	402,148
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	227	230
Impaired loans with no allowance recorded	1,467	1,474
Total loans individually evaluated for impairment	1,694	1,704
Loans collectively evaluated for impairment	405,682	400,450
Total loans held for investment	407,376	402,154
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	17	16
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	17	16
Loans collectively evaluated for impairment	6,203	5,934
Total loans held for investment	6,220	5,950
Commercial [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	1,789	1,504
Total loans individually evaluated for impairment	1,789	1,504
Loans collectively evaluated for impairment	54,155	56,429
Total loans held for investment	55,944	57,933
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	1,789	1,844
Total loans individually evaluated for impairment	1,789	1,844
Loans collectively evaluated for impairment	54,155	56,429
Total loans held for investment	55,944	58,273
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	1,108	1,379
Total loans held for investment	1,108	1,379
Total impaired loans	1,789	1,504
SBA [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	420	292
Total loans individually evaluated for impairment	420	292
Loans collectively evaluated for impairment	97,568	72,839
Total loans held for investment	97,988	73,131
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	911	946
Total loans individually evaluated for impairment	911	946
Loans collectively evaluated for impairment	97,568	72,839
Total loans held for investment	98,479	73,785
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	130	118
Total loans held for investment	130	118
Total impaired loans	420	292
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	3,846	3,861
Total loans held for investment	3,846	3,861
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	3,846	3,861
Total loans held for investment	3,846	3,861
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	25	25
Total loans held for investment	25	25
Total impaired loans	0	0
Single Family Real Estate [Member]
Recorded Investment [Abstract]
Impaired loans with an allowance recorded	443	449
Impaired loans with no allowance recorded	1,850	1,860
Total loans individually evaluated for impairment	2,293	2,309
Loans collectively evaluated for impairment	8,673	8,181
Total loans held for investment	10,966	10,490
Unpaid Principal Balance [Abstract]
Impaired loans with an allowance recorded	443	449
Impaired loans with no allowance recorded	1,850	1,860
Total loans individually evaluated for impairment	2,293	2,309
Loans collectively evaluated for impairment	8,673	8,181
Total loans held for investment	10,966	10,490
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	15	16
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	15	16
Loans collectively evaluated for impairment	111	92
Total loans held for investment	126	108
Total impaired loans	2,293	2,309
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	10	133
Total loans held for investment	10	133
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	10	133
Total loans held for investment	10	133
Related Allowance for Credit Losses [Abstract]
Impaired loans with an allowance recorded	0	0
Impaired loans with no allowance recorded	0	0
Total loans individually evaluated for impairment	0	0
Loans collectively evaluated for impairment	1	2
Total loans held for investment	1	2
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	Mar. 31, 2021	Dec. 31, 2020
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	$ 12,165	$ 12,499
Manufactured Housing [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	6,009	6,696
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	0	0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	1,654	1,698
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	1,789	1,504
SBA [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	420	292
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	2,293	2,309
Consumer [Member]
Impaired financing receivable recorded investment net [Abstract]
Impaired loans	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Aver

LOANS HELD FOR INVESTMENT, Average Investment in Impaired Loans by Class (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	$ 12,252	$ 12,695
Interest income	210	172
Manufactured Housing [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	6,311	7,923
Interest income	113	135
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	0	84
Interest income	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	1,666	234
Interest income	38	4
Commercial Real Estate [Member] | Land [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	0	0
Interest income	0	0
Commercial Real Estate [Member] | Construction [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	0	0
Interest income	0	0
Commercial [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	1,636	1,754
Interest income	27	2
SBA [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	353	371
Interest income	4	0
HELOC [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	0	0
Interest income	0	0
Single Family Real Estate [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	2,286	2,329
Interest income	28	31
Consumer [Member]
Average recorded investment and interest income recognized [Abstract]
Average investment in impaired loans	0	0
Interest income	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Reco

LOANS HELD FOR INVESTMENT, Recorded Investment in Certain Types of Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Financing receivable recorded investment [Abstract]
Nonaccrual loans	$ 1,948		$ 3,872
Government guaranteed portion of loans included above	123		207
Troubled debt restructured loans, gross	11,160		11,141
Loans 30 through 89 days past due with interest accruing	214		1,889
Loans 90 days or more past due with interest accruing	$ 0		$ 0
Allowance for loan losses to gross loans held for investment	1.19%		1.23%
Period past due after which accrual of interest is discontinued	90 days
Foregone interest on nonaccrual and troubled debt restructured loans	$ 100	$ 100

LOANS HELD FOR INVESTMENT, Nona

LOANS HELD FOR INVESTMENT, Nonaccrual Loans, Net of SBA Guarantee (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	$ 1,948	$ 3,872
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	$ 100	200
Manufactured Housing [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	232	614
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	0	0
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	1,428	1,469
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	0	1,390
SBA [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	164	275
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	124
Consumer [Member]
Composition of Nonaccrual Loans, net of SBA guarantee [Abstract]
Nonaccrual loans	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Gros

LOANS HELD FOR INVESTMENT, Gross Loans by Risk Rating (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Gross loans by risk rating [Abstract]
Total loans held for investment, net	$ 759,643	$ 751,458
Total loans held for investment	860,673	827,980
Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	732,262	721,651
Total loans held for investment	829,610	794,527
Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	6,980	7,122
Total loans held for investment	6,980	7,122
Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment, net	20,401	22,685
Total loans held for investment	24,083	26,331
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	101,029	76,522
Government Guarantee [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	97,347	72,876
Government Guarantee [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	0	0
Government Guarantee [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	3,682	3,646
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	284,583	280,284
Manufactured Housing [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	283,448	278,826
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	1,135	1,458
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	407,336	402,148
Commercial Real Estate [Member] | Commercial Real Estate [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	367,069	359,018
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	348,608	340,391
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	6,203	6,265
Commercial Real Estate [Member] | Commercial Real Estate [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	12,258	12,362
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	17,678	17,892
Commercial Real Estate [Member] | SBA 504 1st Trust Deed [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	14,722	14,877
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	2,956	3,015
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	8,306	6,528
Commercial Real Estate [Member] | Land [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	8,306	6,528
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	12,967	17,383
Commercial Real Estate [Member] | Construction [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	12,967	15,344
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	0	2,039
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	51,557	53,018
Commercial [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	47,342	48,776
Commercial [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	750	823
Commercial [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	3,465	3,419
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	2,662	2,851
SBA [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	2,345	2,554
SBA [Member] | Special Mention [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	27	34
SBA [Member] | Substandard [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	290	263
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	3,846	3,861
HELOC [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	3,846	3,861
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	10,966	10,490
Single Family Real Estate [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	10,669	10,361
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	297	129
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	10	133
Consumer [Member] | Pass [Member]
Gross loans by risk rating [Abstract]
Total loans held for investment	10	133
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	3 Months Ended
	Mar. 31, 2021USD ($)Loan	Mar. 31, 2020USD ($)Loan	Dec. 31, 2020USD ($)
Troubled Debt Restructured Loans [Abstract]
Number of loans | Loan	0	1
Pre-modification recorded investment	$ 0	$ 56
Post modification recorded investment	0	56
Balance of loans	11,160		$ 11,141
Effect on allowance for loan losses	$ 0	$ 1
Number of new TDR loans | Loan	0	1
Rate concession		1.00%
Term extension		181 months
Rate Reduction [Member]
Troubled Debt Restructured Loans [Abstract]
Balance of loans	$ 0	$ 56
Term Extension [Member]
Troubled Debt Restructured Loans [Abstract]
Balance of loans	$ 0	$ 56
Manufactured Housing [Member]
Troubled Debt Restructured Loans [Abstract]
Number of loans | Loan	0	1
Pre-modification recorded investment	$ 0	$ 56
Post modification recorded investment	0	56
Effect on allowance for loan losses	0	1
Manufactured Housing [Member] | Rate Reduction [Member]
Troubled Debt Restructured Loans [Abstract]
Balance of loans	0	56
Manufactured Housing [Member] | Term Extension [Member]
Troubled Debt Restructured Loans [Abstract]
Balance of loans	$ 0	$ 56

LOANS HELD FOR INVESTMENT, Tr_2

LOANS HELD FOR INVESTMENT, Trouble Debt Restructured Loans With Payment Defaults (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
LOANS HELD FOR INVESTMENT [Abstract]
Trouble debt restructurings with payment defaults	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Non-

LOANS HELD FOR INVESTMENT, Non-TDR Loan Modifications due to COVID-19 (Details) - COVID19 [Member] $ in Millions	3 Months Ended
	Mar. 31, 2021USD ($)Loan
Guidance on Non-TDR Loan Modifications due to COVID-19 [Abstract]
Number of days on new deferral program for modifications of payment deferrals	90 days
Number of loans modified due to COVID-19 | Loan	5
Amount of loans modified due to COVID-19 | $	$ 1.4
Number of loans modified in current period due to COVID-19 | Loan	3
Amount of loans modified in current period due to COVID-19 | $	$ 1.2

OTHER ASSETS ACQUIRED THROUGH_3

OTHER ASSETS ACQUIRED THROUGH FORECLOSURE (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
OTHER ASSETS ACQUIRED THROUGH FORECLOSURE [Abstract]
Balance, beginning of period	$ 2,614	$ 2,524
Additions	136	106
Proceeds from dispositions	0	0
Gain (loss) on foreclosed assets, net	(178)	77
Third-party portion of writedown/loss	0	0
Balance, end of period	$ 2,572	$ 2,707

FAIR VALUE MEASUREMENT, Fair Va

FAIR VALUE MEASUREMENT, Fair Value of Assets Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Assets [Abstract]
Securities measured at fair value, amount	$ 201	$ 149
Recurring [Member]
Assets [Abstract]
Securities measured at fair value, amount	201	149
Investment securities available-for-sale	17,588	14,257
Interest only strips	23	27
Servicing assets	1,485	1,461
Total	19,297	15,894
Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets [Abstract]
Securities measured at fair value, amount	201	149
Investment securities available-for-sale	0	0
Interest only strips	0	0
Servicing assets	0	0
Total	201	149
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Securities measured at fair value, amount	0	0
Investment securities available-for-sale	17,588	12,759
Interest only strips	0	0
Servicing assets	0	0
Total	17,588	12,759
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Securities measured at fair value, amount	0	0
Investment securities available-for-sale	0	1,498
Interest only strips	23	27
Servicing assets	1,485	1,461
Total	$ 1,508	$ 2,986

FAIR VALUE MEASUREMENT, Assets

FAIR VALUE MEASUREMENT, Assets Measured on Non-recurring Basis (Details) - Non-recurring [Member] - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	$ 3,829	$ 3,910
Loans held for sale	32,679	34,383
Foreclosed real estate and repossessed assets	2,572	2,614
Total	39,080	40,907
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	0	0
Loans held for sale	0	0
Foreclosed real estate and repossessed assets	0	0
Total	0	0
Significant Other Observable Inputs (Level 2) [Member]
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	3,829	3,910
Loans held for sale	32,679	34,383
Foreclosed real estate and repossessed assets	2,572	2,614
Total	39,080	40,907
Significant Unobservable Inputs (Level 3) [Member]
Summary of fair value measurements of assets measured on a non-recurring basis [Abstract]
Impaired loans	0	0
Loans held for sale	0	0
Foreclosed real estate and repossessed assets	0	0
Total	$ 0	$ 0

FAIR VALUE MEASUREMENT, Fair _2

FAIR VALUE MEASUREMENT, Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Loans Held for Sale [Abstract]
Loans held-for-sale at carrying value	$ 29,767	$ 31,229
Carrying Amount [Member]
Financial assets [Abstract]
Cash and cash equivalents	73,735	60,540
FRB and FHLB stock	4,633	4,633
Investment securities	21,570	22,043
Loans, net	877,615	847,383
Financial liabilities [Abstract]
Deposits	804,521	766,185
Other borrowings	105,000	105,000
Fair Value [Member]
Financial assets [Abstract]
Cash and cash equivalents	73,735	60,540
FRB and FHLB stock	4,633	4,633
Investment securities	21,755	22,311
Loans, net	902,934	853,580
Financial liabilities [Abstract]
Deposits	804,893	765,565
Other borrowings	105,409	106,051
Fair Value [Member] | Level 1 [Member]
Financial assets [Abstract]
Cash and cash equivalents	73,735	60,540
FRB and FHLB stock	0	0
Investment securities	201	149
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	4,633
Investment securities	21,554	22,162
Loans, net	894,890	845,302
Financial liabilities [Abstract]
Deposits	804,893	765,565
Other borrowings	105,409	106,051
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	8,044	8,278
Financial liabilities [Abstract]
Deposits	0	0
Other borrowings	0	0
Standby Letters of Credit [Member]
Off-balance sheet instruments [Abstract]
Off-balance sheet risks outstanding	0	0
Unfunded Loan Commitments [Member]
Off-balance sheet instruments [Abstract]
Off-balance sheet risks outstanding	$ 60,400	$ 59,500

OTHER BORROWINGS (Details)

OTHER BORROWINGS (Details) $ in Millions	3 Months Ended
	Mar. 31, 2021USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2020USD ($)	Jul. 31, 2019USD ($)
Financial Home Loan Bank Advances [Abstract]
FHLB advances	$ 105		$ 105
Letter of credit with FHLB	22
Securities pledged to FHLB	16.9		18.9
Loans pledged to FHLB	329.9		304.7
Available for additional borrowing	92.3		81.4
Total FHLB interest expense	0.3	$ 0.4
Federal Funds Purchased Lines [Abstract]
Federal funds borrowing lines at correspondent banks	20
Federal funds amount outstanding	$ 0		0
Federal Reserve Bank Advances [Member]
Line of Credit [Abstract]
Period for advances to be collateralized	28 days
Available borrowing capacity	$ 110.7		$ 102.7
Federal Reserve Bank Advances [Member] | PPPLF [Member]
Line of Credit [Abstract]
Available borrowing capacity	$ 0
Line of Credit [Member]
Line of Credit [Abstract]
Maximum borrowing capacity				$ 10
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

STOCKHOLDERS' EQUITY, Changes i

STOCKHOLDERS' EQUITY, Changes in Other Comprehensive Income (Loss) by Component (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Changes in other comprehensive income (loss) by component, net of tax [Roll Forward]
Balance	$ 89,007	$ 81,978
Net other comprehensive (loss)	(45)	(34)
Balance	91,791	83,161
Unrealized Holding Gains (Losses) on AFS [Member]
Changes in other comprehensive income (loss) by component, net of tax [Roll Forward]
Balance	35	(78)
Other comprehensive loss before reclassifications	(45)	(34)
Amounts reclassified from accumulated other comprehensive income	0	0
Net other comprehensive (loss)	(45)	(34)
Balance	$ (10)	$ (112)

STOCKHOLDERS' EQUITY, Common St

STOCKHOLDERS' EQUITY, Common Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Feb. 28, 2019
Common Stock [Abstract]
Common stock dividend paid	$ 510	$ 466
Common Stock [Member]
Common Stock [Abstract]
Common stock dividend paid	$ 500	$ 500
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 to date, value	$ 3,000
Common stock shares repurchased to date, average price (in dollars per share)	$ 8.71
Common stock shares repurchased during the period (in shares)	0

CAPITAL REQUIREMENT (Details)

CAPITAL REQUIREMENT (Details)		Mar. 31, 2021	Dec. 31, 2020
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		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		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		0.0700	0.0700
Tier 1 leverage ratio, minimum capital ratios		0.0400	0.0400
Community banking leverage ratio, minimum capital requirements	[1]	0.0800
Community banking leverage ratio, well-capitalized requirements	[1]	0.0900
CWB [Member]
Regulatory Ratios [Abstract]
Total capital ratio		0.1253	0.1227
Tier 1 risk-based capital ratio		0.1128	0.1102
Common Equity Tier 1 ratio		0.1128	0.1102
Tier 1 leverage ratio		0.0897	0.0929
Community banking leverage ratio	[1]	0.0897
[1]	Temporary CBLR requires minimum of 8.50% to be considered well-capitalized until January 1, 2022.

REVENUE RECOGNITION (Details)

REVENUE RECOGNITION (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Noninterest Income [Abstract]
Non-interest income (in-scope of Topic 606)	$ 156	$ 160
Non-interest income (out-of-scope of Topic 606)	741	790
Total non-interest income	897	950
Service Charges on Deposit Accounts [Member]
Noninterest Income [Abstract]
Non-interest income (in-scope of Topic 606)	53	120
Exchange Fees and Other Service Charges [Member]
Noninterest Income [Abstract]
Non-interest income (in-scope of Topic 606)	$ 103	$ 40

LEASES (Details)

LEASES (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Operating leases [Abstract]
Operating lease, right-of-use assets	$ 5,700
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other Assets
Lease cost [Abstract]
Operating lease cost	$ 250	$ 277
Sublease income	0	0
Total lease cost	250	277
Other information [Abstract]
Cash paid for amounts included in the measurement of lease liabilities	0	0
Operating cash flows from operating leases	$ 248	$ 274
Weighted average remaining lease term - operating leases	8 years 7 months 10 days	9 years 6 months 7 days
Weighted average discount rate - operating leases	3.23%	3.24%
Future minimum operating lease payments [Abstract]
2021/2020	$ 744	$ 741
2022/2021	887	884
2023/2022	813	779
2024/2023	821	705
2025/2024	768	713
2025		705
Thereafter	2,586
Thereafter		2,586
Total future minimum lease payments	6,619	7,113
Less remaining imputed interest	866	1,021
Total lease liabilities	$ 5,753	$ 6,092
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Other Liabilities	Other Liabilities
Minimum [Member]
Operating leases [Abstract]
Term of operating leases	2 years
Maximum [Member]
Operating leases [Abstract]
Term of operating leases	10 years